HOPE Therapeutics, Inc. and NRx Pharmaceuticals, Inc. (NASDAQ: NRXP) Announce Dura Medical as the Expected Initial Florida Acquisition for its Planned International Network of Interventional Psychiatry Clinics
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HOPE Therapeutics, a subsidiary of NRx Pharmaceuticals, plans to acquire Dura Medical to establish a network of interventional psychiatry clinics in Florida. This acquisition is expected to boost NRx's revenue and EBITDA.
January 06, 2025 | 1:30 pm
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NRx Pharmaceuticals plans to acquire Dura Medical to expand its interventional psychiatry clinics in Florida, which is expected to be immediately accretive to revenue and EBITDA.
The acquisition of Dura Medical is a strategic move for NRx Pharmaceuticals to expand its presence in the interventional psychiatry market in Florida. The expected immediate accretion to revenue and EBITDA suggests a positive financial impact, likely leading to a short-term increase in stock price.
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