Neumora Therapeutics Reports Data from KOASTAL-1 Study of Navacaprant in Major Depressive Disorder
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Neumora Therapeutics reported that its KOASTAL-1 study of Navacaprant in treating Major Depressive Disorder did not achieve statistically significant improvement in reducing depressive symptoms compared to a placebo.
January 02, 2025 | 12:15 pm
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NEGATIVE IMPACT
Neumora Therapeutics' KOASTAL-1 study of Navacaprant failed to show significant improvement in depressive symptoms compared to placebo, which may negatively impact investor sentiment.
The failure to achieve statistically significant results in a clinical trial is typically viewed negatively by investors, as it suggests the drug may not be effective. This can lead to a decrease in stock price due to reduced confidence in the company's product pipeline.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100