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NeuroRx awarded FDA Fast Track Designation for first drug regimen targeting suicide in bipolar depression

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NeuroRX , Acute Suicidal Ideation and Behavior (ASIB) , NRX-100 (ketamine HCl) , NRX-100 (ketamine HCl) , NeuroRx, a clinical stage biopharmacompany developing the first oral therapy for Acute Suicidal Ideation and Behavior (ASIB), has been granted Fast Track status by the US Food and Drug Administration for its sequential therapy of NRX-100 (ketamine HCl) followed by NRX-101 (D-cycloserine + lurasidone). The company will shortly begin enrolling patients in a pivotal trial of this sequential therapy targeting patients who are admitted to Emergency Departments with ASIB in bipolar depression. ย 

Fast Track Designation is awarded by the FDA to investigational drugs that are deemed by FDA to treat a serious medical condition and for which there is preclinical and/or clinical data to demonstrate that the drug has the potentialย to address an unmet medical need. Suicidality in Bipolar Depression is aย condition for which there is currently no approved drug therapy and for whichย the only FDA-approved treatment is Electroconvulsive Therapy (ECT).

Jonathan Javitt, M.D., M.P.H., the Companyโ€™s Chief Executive Officer, willย update investors on the Companyโ€™s progress towards the planned October 2017ย initiation of its upcoming clinical trial and recently issued claims at theย upcoming Rodman Healthcare Conference, being held on September 11 and 12ย at the New York Palace Hotel. In addition, the company is available to conductย one-on-one meetings with registered attendees of the conference. Theย presentation will be webcast.

About Bipolar Depression and Acute Suicidal Ideation & Behaviorย Bipolar disorder, which affects 5.7 million Americans, is characterized byย significant changes in mood, from mania or hypomania, to depression, oftenย quite severe. The depressive phase, which is called โ€œbipolar depressionโ€ canย trigger thoughts of suicidal thoughts and behaviors. Standard of care consists ofย hospitalized observation and electroconvulsive therapy (ECT). Unfortunately, most commonly used antidepressants bear an FDA- mandated warning labelย identifying the potential to increase the risk of suicide.

Each day, approximately 100 Americans, and more than 2,100 peopleย worldwide, end their lives by suicide, according to American Foundation forย Suicide Prevention (AFSP) and the World Health Organization (WHO). Althoughย only 10% of all people with depression have bipolar depression, NeuroRxย estimates that bipolar depression accounts for nearly half of all suicides eachย year.

About NeuroRx, Inc.
NeuroRx draws upon 30 years of basic science and clinical expertise in the roleย of the N-methyl-D-aspartate (NMDA), a receptor that regulates human thoughtย processes, particularly depression and suicidality. The company is privatelyย funded and led by former senior executives of Johnson and Johnson, Pfizer,ย Lilly, and Bristol Meyer Squibb.
Learn more at NeuroRxpharma.com.

Contact:
Investor Relations: PR:
Michael Rice Deanne Eagle
LifeSci Advisors,
LLC Planet Communications
+1-917-282-3242 +1-917-837-5866
mrice@LifeSciAdvisors.com
deanne@planetcommunications.nyc

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