NRx Pharmaceuticals shares are trading lower after the company announced findings from its Phase 2b/3 trial of NRX-101 vs. Lurasidone.
Portfolio Pulse from Benzinga Newsdesk
NRx Pharmaceuticals shares dropped following the announcement of results from its Phase 2b/3 trial of NRX-101 vs. Lurasidone, indicating potentially disappointing outcomes or market reactions.
April 30, 2024 | 1:19 pm
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NRx Pharmaceuticals shares declined after the company released findings from its Phase 2b/3 trial of NRX-101 vs. Lurasidone, potentially indicating less favorable results than expected.
The decline in NRx Pharmaceuticals' stock price following the announcement of its Phase 2b/3 trial results suggests that the market may have had higher expectations for NRX-101 compared to Lurasidone. This reaction could be due to the results not meeting those expectations, leading to a negative short-term impact on the stock.
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