Hope Therapeutics, Inc. and NRx Pharmaceuticals, Inc. (NASDAQ:NRXP) Announce Kadima Neuropsychiatry Institute as the Expected First Acquisition for its International Network of Interventional Psychiatry Clinics
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Hope Therapeutics, Inc., a subsidiary of NRx Pharmaceuticals, Inc. (NASDAQ:NRXP), plans to acquire Kadima Neuropsychiatry Institute to establish an international network of interventional psychiatry clinics. This acquisition is expected to be immediately accretive to NRx's revenue and EBITDA.
January 02, 2025 | 1:30 pm
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NRx Pharmaceuticals, Inc. (NASDAQ:NRXP) is acquiring Kadima Neuropsychiatry Institute, which is expected to enhance its revenue and EBITDA immediately. This strategic move aims to establish a network of interventional psychiatry clinics.
The acquisition of Kadima Neuropsychiatry Institute is a strategic move for NRx Pharmaceuticals, expected to be immediately accretive to revenue and EBITDA. This suggests a positive short-term impact on NRXP's stock price as investors may anticipate improved financial performance.
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