NRx Pharmaceuticals

A clinical-stage biopharmaceutical company developing novel therapeutics for central nervous system disorders.

Health Tech & Life Sciences
Public on NASDAQ on May, 2021
Public Wilmington, United States Founded 2015
Last updated 2026-07-27
Total raised
$406.6M
Last: Public Offering 2026-06
Stage
Public
Founded
2015
Headcount
29
HQ
Wilmington, United States
Sector
Health Tech & Life Sciences

About

NRx Pharmaceuticals is a clinical-stage biopharmaceutical company focused on developing novel therapeutics for central nervous system disorders, including suicidal depression, chronic pain, and PTSD. The company's pipeline includes NRX-100 (preservative-free intravenous ketamine) and NRX-101 (oral D-cycloserine/lurasidone). NRx Pharmaceuticals also operates HOPE Therapeutics, a subsidiary establishing a national network of interventional psychiatry clinics.

Funding history · 24 rounds · $406.6M total

2026-02
Follow-on PO $20.0M
2025-12
Follow-on PO $150.0M
2025-08
Follow-on PO $6.5M
2025-04
Follow-on PO $20.0M
2025-01
PIPE $2.0M
2025-01
Debt Financing $3.5M
2024-10
Debt Financing $5.0M
2024-08
Debt Financing $15.0M
2024-02
Follow-on PO $4.9M
2024-02
PIPE $1.5M
2023-09
PIPE $1.2M
2023-08
Follow-on PO $2.0M
2023-06
Follow-on PO $6.3M
2023-03
Follow-on PO $2.9M
2022-12
Follow-on PO $20.0M
2022-11
Debt Financing $11.0M
2022-06
Follow-on PO Undisclosed
2022-02
PIPE $25.0M
2021-08
Follow-on PO $30.0M
2021-03
PIPE $10.0M
2019-07
Debt Financing Undisclosed
2018-11
Debt Financing $690K
2017-11
IPO $60.0M
2017-11
PIPE $9.2M

Headcount over time

From 10 (2019-03) to 14 (2026-03) · +4 (+40%) · 37 points · source: Finder history + radar grounding
250 2019-03 2026-03

Q&A

What is NRx Pharmaceuticals' primary focus?
NRx Pharmaceuticals is a clinical-stage biopharmaceutical company focused on developing novel therapeutics for central nervous system disorders, including suicidal depression, chronic pain, and PTSD.
What is the current employee count for NRx Pharmaceuticals?
NRx Pharmaceuticals currently has 11-50 employees.
What was NRx Pharmaceuticals' most recent funding round?
NRx Pharmaceuticals completed a Public Offering in February 2026, raising $20,000,001.
When did NRx Pharmaceuticals go public?
NRx Pharmaceuticals went public on NASDAQ in May 2021.
What is the total amount of funding NRx Pharmaceuticals has raised to date?
NRx Pharmaceuticals has raised a total of $55,335,000 USD.
What is NRx Pharmaceuticals' subsidiary HOPE Therapeutics doing?
In September 2025, NRx Pharmaceuticals' subsidiary HOPE Therapeutics closed the acquisition of Dura Medical, which is an initial acquisition in its planned network of interventional psychiatry clinics.
What is the status of NRx Pharmaceuticals' NRX-100 product?
In September 2025, NRx Pharmaceuticals re-filed an Abbreviated New Drug Application (ANDA) for KETAFREE™, its preservative-free IV Ketamine (NRX-100).
What recent FDA designation did NRx Pharmaceuticals receive for NRX-100?
In August 2025, NRx Pharmaceuticals received FDA Fast Track Designation for NRX-100 for suicidal ideation in patients with depression, including bipolar depression.
What is NRx Pharmaceuticals' current market capitalization?
NRx Pharmaceuticals has a market capitalization of $80,229,957 USD.

Team · 2

Jonathan C. Javitt
Founder · Founder
Daniel C. Javitt
Founder · Co-Founder

Sectors & technology

Primary sector
Health Tech & Life Sciences
Sub-sectors
Health Tech & Life SciencesPharma & Medical BiotechnologyDrugs Discovery & Development
Technologies
BiologicalsMolecules
Target customers
Healthcare & Life SciencesHealthcarePatientsProviders
Business model
B2B

Highlights

1 PatentsVerified

Tags

mental-healthpsychiatrypharmaceuticalsschizophreniachronic-pain
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)

External links

Websitenrxpharma.com/
LinkedInlinkedin.com/company/10024731
Facebookfacebook.com/NRxPharma

Identifiers & details

Legal nameNRx Pharmaceuticals, Inc.
Founded2015-5
Employees (exact)29
OfficesWilmington
Market cap$80.2M
Status reasonPublic on NASDAQ on May, 2021

Acquisitions & public offerings

TypeDateExchangeTickerAmount
IPO2017-11NASDAQNRXP
Public Offering2026-06NASDAQNRXP$20.0M

Radar intelligence

Web history (Wayback)

Domainnrxpharma.com

Certificate / subdomain footprint

Subdomains10