NRx Pharmaceuticals Responds to Recent Public Statements Regarding Kadima Dispute
NRx Pharmaceuticals responded to allegations by Kadima Neuropsychiatry Institute, confirming it has compelled arbitration due to Kadima's failure to meet closing conditions, including the delivery of clear title and a material adverse change. The company stated that acquiring the individual clinic is not material to HOPE Therapeutics and instead highlighted a strategic pivot towards neuronavigated TMS, including a partnership with Zeta Surgical and FDA IND clearance for the SPARC-TMS trial of NRX-101. Management expects the specific performance lawsuit filed by Dr.
Key figures
- Drug name
- NRX-101
- Trial name
- SPARC-TMS
- Partnership
- Zeta Surgical
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