NRx Pharmaceuticals and neurocare Group AG partner to create a nationwide neuroplastic therapy network for mental health treatment.
Quiver AI Summary
NRx Pharmaceuticals and neurocare Group have announced a partnership to create a nationwide network of clinics aimed at providing integrated neuroplastic care for mental health conditions like PTSD and depression. This program will leverage over 400 Apollo® Transcranial Magnetic Stimulation (TMS) machines and existing neurocare clinics, merging treatment protocols and training to enhance care. Successful pilot programs with first responders have indicated high remission rates when combining TMS, neuroplastic drugs, hyperbaric oxygen therapy, and psychotherapy. The partnership plans to offer comprehensive treatment solutions across the United States by the end of 2026, addressing a fragmented market and focusing on individuals in urgent need, especially first responders and veterans. Both organizations emphasize the importance of developing a fully integrated care model that unites various therapeutic approaches and technology.
Potential Positives
- The partnership aims to create a nationwide network of clinics combining neuromodulation technology and neuroplastic drug development, potentially improving access to integrated mental health treatment.
- Successful pilot programs demonstrated high remission rates for PTSD and Depression among First Responders, showcasing the effectiveness of the combined treatment approach.
- The initiative aligns with a growing focus on integrated care models within the mental health sector, aiming to offer comprehensive solutions for over 50 million affected individuals in the US.
- The collaboration leverages existing infrastructure, including over 400 Apollo® TMS machines, which positions the companies for rapid deployment and scalability of their services.
Potential Negatives
- The press release heavily relies on early pilot program results, which may not be representative of broader outcomes, potentially leading to overestimation of the program's efficacy and market appeal.
- The announcement indicates a need for further studies to validate the integration of therapies, suggesting that the program is still in an experimental phase and may face regulatory hurdles.
- The company acknowledges competition with numerous existing clinic chains offering similar therapies, indicating a crowded market that could challenge the success of their integrated program.
FAQ
What is the goal of the NRx Pharmaceuticals and neurocare partnership?
The partnership aims to create a nationwide network for integrated neuroplastic care targeting Depression, PTSD, and other mental health disorders.
How will the program benefit First Responders?
The program has shown high rates of remission in First Responders with PTSD and Depression through combined treatments like TMS and neuroplastic drugs.
When is the integrated treatment program expected to launch nationwide?
The partners aim to offer integrated neuroplastic therapy to patients within driving distance of any U.S. home by the end of 2026.
What technologies will be used in the treatment program?
The program will utilize TMS, neuroplastic drugs, hyperbaric oxygen therapy, and psychotherapy as part of the treatment protocol.
How many clinics are currently involved in the program?
The partnership is leveraging an existing base of 20 neurocare clinics and over 400 Apollo® TMS devices across the U.S.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$NRXP Hedge Fund Activity
We have seen 16 institutional investors add shares of $NRXP stock to their portfolio, and 8 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ANSON FUNDS MANAGEMENT LP added 420,129 shares (+26.2%) to their portfolio in Q3 2025, for an estimated $1,386,425
- MARSHALL WACE, LLP added 155,752 shares (+466.5%) to their portfolio in Q3 2025, for an estimated $513,981
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- JANE STREET GROUP, LLC added 73,399 shares (+inf%) to their portfolio in Q3 2025, for an estimated $242,216
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$NRXP Analyst Ratings
Wall Street analysts have issued reports on $NRXP in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Ascendiant Capital issued a "Buy" rating on 01/02/2026
- HC Wainwright & Co. issued a "Buy" rating on 12/16/2025
- D. Boral Capital issued a "Buy" rating on 12/03/2025
To track analyst ratings and price targets for $NRXP, check out Quiver Quantitative's $NRXP forecast page.
$NRXP Price Targets
Multiple analysts have issued price targets for $NRXP recently. We have seen 4 analysts offer price targets for $NRXP in the last 6 months, with a median target of $37.0.
Here are some recent targets:
- Edward Woo from Ascendiant Capital set a target price of $48.0 on 01/02/2026
- Patrick R. Trucchio from HC Wainwright & Co. set a target price of $40.0 on 12/16/2025
- Jason Kolbert from D. Boral Capital set a target price of $34.0 on 12/03/2025
- Thomas Shrader from BTIG set a target price of $25.0 on 12/03/2025
Full Release
- Program will integrate existing neurocare clinics with HOPE Therapeutics clinics and will engage the already-installed base of 400+ Apollo ® Transcranial Magnetic Stimulation (TMS) machines nationwide.
- Program will unite common treatment protocols and clinical training with neurocare expertise in neuromodulation technology and NRx Pharmaceuticals neuroplastic drug development program.
- Pilot program with a state first-responder agency has demonstrated high rates of success in combining TMS, neuroplastic drug treatment, hyperbaric oxygen, and psychotherapy to achieve remission from PTSD and Depression in First Responders.
- neurocare and NRx look forward to offering an integrated treatment program to patients and payers within driving distance of any American home by year-end 2026.
WILMINGTON, Del. and MUNICH, Jan. 05, 2026 (GLOBE NEWSWIRE) -- NRx Pharmaceuticals, Inc. (Nasdaq: NRXP), a clinical-stage biopharmaceutical company and neurocare Group AG today (“The Partners”) announced a partnership to create a nationwide network of clinics to offer integrated neuroplastic care for the treatment of Depression, PTSD, and other serious mental health disorders. Pilot programs have shown that combining Transcranial Magnetic Stimulation (TMS) with ketamine and other neuroplastic drugs, along with hyperbaric oxygen therapy and supportive psychotherapy has resulted in a high rate of remission among First Responders with PTSD and Depression.
Recent scientific publications have demonstrated that integration of TMS with neuroplastic drugs has achieved unprecedented response of 87% and remission of 72% in patients with treatment-resistant depression. While these results are early and will require further study, they are highly encouraging. The Partners are additionally exploring joint regulatory paths including clinical trials to address the treatment of Bipolar Depression, Autism, and Traumatic Brain Injury with TMS and neuroplastic drugs, such as NRX-101.
Although there have been a number of clinic chains founded to combine some of these therapies in the past, a fully-integrated nationwide program that combines these neuroplastic modalities with common training protocols, advanced use of Telepsychiatry and Information Technology, and payer outreach has not been achieved. This approach was successful in creating reliable and effective approaches to the delivery of care for renal failure, as demonstrated by Fresenius Medical Care and Davita in past years. neurocare, founded by former Fresenius leaders, has more than a decade of experience in the development of a platform that includes neuromodulation technology (eg rTMS, neurofeedback protocols, qEEG and sleep analysis devices) as well as an online academy and a process software called neurcareOS to guide intake and personalizing of mental health patients. Meanwhile NRx has a decade of experience in developing neuroplastic drugs. In recent years, both organizations have recognized the need for an integrated clinical solution that could be offered to payers on an Accountable Care basis and the need for an Academy program to train a new generation of neuroplastic therapy practitioners.
The partnership will leverage the rapidly-growing base of clinics already owned and founded by neurocare and HOPE Therapeutics (currently 20 in the US), together with offering participation to the currently installed base of 400+ Apollo ® TMS devices nationwide. By doing so, the partners aim to offer innovative neuroplastic therapy within driving distance of any home in the United States by the end of 2026. Similarly, the partners aim to offer patients and payers a single point of contact for these challenging CNS diseases that afflict more than 50 million in the US and 500 million worldwide.
Tom Mechtersheimer, neurocare’s Founder & CEO said: “We are excited to unite our efforts on a national scale for the benefit of patients and their families. NRx’s mission to offer integrated care in their HOPE clinics is fully aligned with the thinking behind our best practice empowering platform of tools and processes. We believe that the pipeline of NRx and our platform complement one another as we seek to offer patients and payers a fully integrated solution that maximizes remission from severe depression and PTSD today and additional debilitating CNS conditions in the future. Our initial focus on First Responders, Active Duty Military, and Veterans is a recognition of the urgent need for effective, integrated treatments.”
“For too long, the approach to neuroplastic therapy for depression and PTSD has been highly fragmented, with some clinics offering ketamine, some offering TMS, some offering hyperbaric therapy but almost no fully integrated solutions that also provide ongoing psychotherapy and patient monitoring,” said Dr. Jonathan Javitt, Founder, Chairman, and CEO of NRx Pharmaceuticals and HOPE Therapeutics. “More importantly, in our partnership with neurocare and their rapidly-growing base of more than 400 TMS devices across the US, we seek to be able to treat any American within driving distance of home by the end of 2026 and to offer a single point of accountable care to payers. Just as our HOPE Therapeutics clinics already have contracts with the VA Community Cares Program and the Department of War TRICARE program, we aim to engage commercial and governmental payers to offer a fully integrated treatment program to patients at the highest need in what is today a highly fragmented market.”
Dr. Javitt and Mr. Mechtersheimer will be meeting jointly with investors and others at the upcoming JP Morgan Healthcare Conference in San Francisco.
Current neurocare, HOPE, and Apollo US locations (source: neurocare group AG and HOPE Therapeutics, Inc.)
About neurocare group AG
neurocare group AG (MUNICH, Germany and Atlanta, GA) has developed a best practice platform for neuroplastic therapy targeting mental health conditions. The platform is led by its top selling Apollo ® Transcranial Magnetic Stimulation (TMS) device with more than 400 installations in the US alone to date. neurocare empowers clinicians to offer their patients precise TMS therapy through EEG-guidance complemented by neurofeedback and sleep hygiene devices. neurocare’s platform also includes neurocare OS, a built-in patient and data management system as well as the neurocare Academy, an online/in-person medical education platform that trains and certifies physicians, therapists, and technologists in TMS and other neuroplastic therapies. With the platform’s technologies and process tools, neurocare empowers clinicians in developing personalized patient journey's including a detailed intake first. The outcomes rapidly reduce depression, suicidality, and other symptoms exceeding the results previously shown with antidepressants or CBT alone.
neurocare was founded and is led by industry veterans and TMS pioneers who developed and launched the first commercially-successful TMS technologies and continue to advance the technology envelope. Beyond its 400+ customer sites in the US, neurocare operates 40 clinics across the US, the UK, the Netherlands and Australia and is selling its platform tools and technologies internationally. Since inception in 2015 neurocare has grown to sales of annual sales exceeding EU35 million in 2025 and expects to exceed EU50 million in 2026.
About NRx Pharmaceuticals, Inc.
NRx Pharmaceuticals, Inc. (www.nrxpharma.com), is a clinical-stage biopharmaceutical company developing therapeutics based on its NMDA platform for the treatment of central nervous system disorders, specifically suicidal depression, chronic pain, and PTSD. The Company is developing NRX-100 (preservative-free intravenous ketamine), under and ANDA which has been filed with the US Food and Drug Administration with an expected decision date of July 2026, and has been awarded Fast Track Designation for the treatment of Suicidal ideation in Depression, including Bipolar Depression for filing as an innovative drug. NRX-101, (oral D-cycloserine/lurasidone) has been awarded Breakthrough Therapy Designation for the treatment of suicidal bipolar depression.
About HOPE Therapeutics, Inc.
HOPE Therapeutics, Inc. ( www.hopetherapeutics.com ), a subsidiary of NRx Pharmaceuticals, is a Healthcare delivery company that is building a best-in-class network of interventional psychiatry clinics to offer ketamine and other neuroplastic medications, transcranial magnetics stimulation (TMS), Hyperbaric Oxygen Therapy, and other lifesaving therapies to patients with suicidal depression and related disorders, together with a digital therapeutic-enabled platform designed to augment and preserve the clinical benefit of NMDA-targeted drug therapy.
Notice Regarding Forward-Looking Statements
The information contained herein includes forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. Forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as "may," "will," "should," "would," "expect," "plan," "believe," "intend," "look forward," and other similar expressions among others. These statements relate to future events or to the Company's future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. The Company has reported regulatory milestones as they have been achieved but has not predicted the outcome of any future regulatory determination. You should not
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For further information:
Brian Korb
Managing Partner, astr partners
(917) 653-5122
[email protected]
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0e221354-b2d7-4aa6-b832-2170c6f657c4