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NRXP gains DARPA SPARC-TMS contract; potential FDA path for NRX-101

Sep 30, 2026, 8:01 AM EDT1 sourcesAI-analyzed
Why it may matterVerify against the original reporting

DARPA funding, enrollment start, and potential FDA pathway create near-term upside risk/reward; long-run value tied to regulatory success and market adoption.

AI summary

What happened, with direct paths to the underlying reporting

NRXP’s NRXD subsidiary won a DARPA contract worth $11.18 million to run the SPARC-TMS trial, pairing a one-day robotic TMS session with NRX-101. If SPARC-TMS replicates prior 91% response and 69% remission in 3 months, it could become an FDA registration study for NRX-101 with TMS, expanding addressable CNS markets. Partnerships with HOPE Therapeutics, McLean Hospital, ASU, and others could accelerate deployment in military settings.

  • NRx Defense lands $11.18M DARPA contract for SPARC-TMS trial.
  • One-day TMS plus NRX-101 shows 91% response, 69% remission in prior data.
  • If replicated, SPARC-TMS could support FDA registration for NRX-101 with TMS.
  • Partnerships with HOPE Therapeutics, McLean Hospital, ASU; expanding military site trials.
  • Trial uses robotic 1mm-precision TMS; no anesthesia required.

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