NRXP gains DARPA SPARC-TMS contract; potential FDA path for NRX-101
DARPA funding, enrollment start, and potential FDA pathway create near-term upside risk/reward; long-run value tied to regulatory success and market adoption.
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DARPA funding, enrollment start, and potential FDA pathway create near-term upside risk/reward; long-run value tied to regulatory success and market adoption.
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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.
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