• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    Neumora Therapeutics Reports Data from KOASTAL-1 Study of Navacaprant in Major Depressive Disorder

    1/2/25 7:00:00 AM ET
    $NMRA
    Biotechnology: Biological Products (No Diagnostic Substances)
    Health Care
    Get the next $NMRA alert in real time by email

    Study did not demonstrate statistically significant improvement on primary endpoint of reduction in depressive symptoms as measured by MADRS total score compared to placebo

    Navacaprant showed an efficacy signal in female participants; Company plans to further analyze results

    Navacaprant generally well-tolerated with safety profile comparable to placebo

    Neumora expects to share additional updates on navacaprant development program at J.P. Morgan Healthcare Conference; podium presentation Tuesday, January 14 at 8:15am PT

    WATERTOWN, Mass., Jan. 02, 2025 (GLOBE NEWSWIRE) -- Neumora Therapeutics, Inc. (NASDAQ:NMRA) a clinical-stage biopharmaceutical company with a therapeutics pipeline consisting of seven clinical and pre-clinical brain disease programs, today announced results from the Phase 3 KOASTAL-1 Study of navacaprant for the treatment of major depressive disorder (MDD). The KOASTAL-1 Study is the first of three replicate Phase 3 studies that comprise the pivotal KOASTAL program. The study did not demonstrate a statistically significant improvement on the primary endpoint of change from baseline in the Montgomery-Åsberg Depression Rating Scale (MADRS) total score at Week 6 or the key secondary endpoint of a change from baseline in the Snaith-Hamilton Pleasure Scale (SHAPS) scale.

    "We are disappointed by the results from KOASTAL-1 as they were not consistent with the body of evidence supporting this mechanism in MDD. There is a lot to investigate from this study, in particular the contrast in drug and placebo responses in depressed mood and anhedonia in female participants compared to male participants," said Rob Lenz, executive vice president, head of research and development, Neumora.

    "We will not waver on our mission to make a difference for people living with brain diseases, which our broad pipeline of novel programs has the potential to address. The outcome of KOASTAL-1 is not what we expected, but there are encouraging trends in the data that we are analyzing," said Henry Gosebruch, president and chief executive officer, Neumora. "Our strong financial foundation and cash balance of $342 million as of the end of the third quarter provides runway into mid-2026, and we look forward to providing additional updates on the navacaprant development program and our pipeline at the J.P. Morgan Healthcare Conference. We'd like to express our appreciation to the patients, families, and investigators who participated in this trial."

    KOASTAL-1 Study Summary Results

    The KOASTAL-1 study enrolled 383 adult patients with MDD. Topline efficacy results for navacaprant compared to placebo are outlined in the following table:

     MADRS Total ScoreSHAPS Total Score
    OutcomeNavacaprant

    80 mg
    Placebo



    LSMDNavacaprant

    80 mg
    PlaceboLSMD
    ITT population CFB at Week 6 (Primary Endpoint)-12.5

    (n = 191)
    -12.5

    (n = 192)
    0.0

    (p = 0.993)
    -5.8

    (n = 191)
    -5.5

    (n = 192)
    -0.3

    (p = 0.648)
    Female population CFB at Week 6-14.0

    (n = 105)
    -11.4

    (n = 106)
    -2.7

    (p = 0.072)
    -7.2

    (n = 105)
    -4.9

    (n = 106)
    -2.3

    (p = 0.015)
    Male population CFB at Week 6-10.6

    (n = 86)
    -13.8

    (n = 86)
    3.2

    --
    -4.3

    (n = 86)
    -6.3

    (n = 86)
    2.0

    --

    CFB = change from baseline; LSMD = difference in LS mean change from baseline between navacaprant and placebo groups generated from mixed-effects model for repeated measures. Subgroup analysis for male or female are pre-specified.

    Navacaprant was shown to be safe and generally well-tolerated with no serious adverse events reported. There was no signal for increased suicidal ideation or suicidal behavior compared to placebo, as measured by Columbia Suicide Severity Rating Scale (C-SSRS).

    Treatment Emergent Adverse Events (TEAEs) in Either Treatment Group (≥5%)Navacaprant 80 mg (n = 191)Placebo (n = 192)
    Headache13 (6.8%)14 (7.3%)
    Diarrhea10 (5.2%)4 (2.1%)
    • Other notable TEAEs included pruritus (navacaprant 80 mg: 7 (3.7%), placebo: 4 (2.1%)).
    • Rates of treatment discontinuation due to TEAEs were low (navacaprant 80 mg: 2.1%, placebo: 3.1%).
    • A significant proportion (83.3%) of navacaprant 80 mg-treated patients who completed 6 weeks' treatment elected to enroll in KOASTAL-LT.

    The Phase 3 KOASTAL-2, KOASTAL-3 and KOASTAL-LT studies are ongoing.

    About the KOASTAL Program

    The KOASTAL program includes three replicate Phase 3 randomized, placebo-controlled, double-blind studies, KOASTAL-1, KOASTAL-2, and KOASTAL-3, designed to evaluate the efficacy and safety of navacaprant monotherapy in adult patients with moderate-to-severe MDD who have a MADRS total score ≥ 25 at baseline. The KOASTAL-1 Study was conducted in the U.S. The KOASTAL-2 and -3 studies include sites in the U.S. and other regions. The primary endpoint of these studies is change from baseline in MADRS total score at Week 6. Key secondary endpoints include change from baseline on the SHAPS at Week 6, a measure of anhedonia.

    The KOASTAL Program also includes an open-label extension study, KOASTAL-LT, designed to evaluate the long-term safety of navacaprant. As noted above, a significant portion of patients who received navacaprant 80 mg (83.3%) in the KOASTAL-1 study elected to enroll in KOASTAL-LT. Patients will also have the opportunity to enroll in the KOASTAL-LT study following participation in the KOASTAL-2 and KOASTAL-3 studies.

    About Navacaprant

    Navacaprant is a highly selective, novel kappa opioid receptor (KOR) antagonist being developed as a potential monotherapy treatment for MDD. Navacaprant is an investigational once-daily oral 80 mg medication that is designed to modulate the dopamine and reward processing pathways, which play an important role in the regulation of mood, cognition, reward, and behavior. The KOR system is a well-characterized pathway known to mediate depressive-like states, and modulating this system represents a novel approach to treating MDD and other major neuropsychiatric disorders.

    About Major Depressive Disorder (MDD)

    MDD is a chronic psychiatric condition characterized by low mood and impairment in functioning, including episodes where an individual experiences a loss of interest or pleasure in daily activities and has symptoms such as problems with sleep, eating, energy, concentration or sense of self-worth. MDD is estimated to impact over 21 million adults in the United States, and women are nearly twice as likely as men to experience depression according to the National Alliance on Mental Illness. Nearly 70% of MDD patients fail to achieve remission with first-line treatment, which can be associated with negative side effects, including weight gain, sexual dysfunction, drowsiness, nausea and insomnia.

    Anhedonia is a core feature of MDD impairing the capacity to experience or anticipate pleasure and is present in up to 70% of people with MDD. Anhedonia is associated with poor treatment outcomes and is frequently not resolved with currently approved therapies.

    About Neumora

    Neumora Therapeutics, Inc. is a clinical-stage biopharmaceutical company founded to confront the global brain disease crisis by taking a fundamentally different approach to the way treatments for brain diseases are developed. Our therapeutic pipeline currently consists of seven clinical and preclinical neuroscience programs that target novel mechanisms of action for a broad range of underserved neuropsychiatric disorders and neurodegenerative diseases. Our work is supported by an integrated suite of translational, clinical, and computational tools to generate insights that can enable precision medicine approaches. Neumora's mission is to redefine neuroscience drug development by bringing forward the next generation of novel therapies that offer improved treatment outcomes and quality of life for patients suffering from brain diseases.

    Cautionary Note Regarding Forward-Looking Statements

    This press release contains forward-looking statements about Neumora Therapeutics, Inc. (the "Company," "we," "us," or "our") within the meaning of the federal securities laws, including statements related to: Neumora's mission to redefine neuroscience drug development by bringing forward the next generation of novel therapies that offer improved treatment outcomes and quality of life for patients suffering from brain diseases; analysis of the rich data set from the KOASTAL-1 study; the potential role of navacaprant in the MDD treatment landscape; the opportunity for patients to enroll in the KOASTAL-LT study following participation in the KOASTAL-2 and KOASTAL-3 studies; the timing, progress, and plans for Neumora's therapeutic development programs, including the Phase 3 KOASTAL-2, -3, and -LT studies; the Company's strong financial foundation; and other statements identified by words such as "could," "expects," "intends," "may," "plans," "potential," "should," "will," "would," or similar expressions and the negatives of those terms. Other than statements of historical facts, all statements contained in this press release, are forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements are subject to risks and uncertainties that could cause the actual results or to be materially different from the information expressed or implied by these forward-looking statements, including, among others: the risks related to the inherent uncertainty of clinical drug development and unpredictability and lengthy process for obtaining regulatory approvals; risks related to the timely initiation and enrollment in our clinical trials; risks related to our reliance on third parties, including CROs; risks related to serious or undesirable side effects of our therapeutic candidates; risks related to our ability to utilize and protect our intellectual property rights; and other matters that could affect sufficiency of capital resources to fund operations. For a detailed discussion of the risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to Neumora's business in general, please refer to the risk factors identified in the Company's filings with the Securities and Exchange Commission, including but not limited to its Quarterly Report on Form 10-Q for the quarter ended September 30, 2024. Forward-looking statements speak only as of the date hereof, and, except as required by law, Neumora undertakes no obligation to update or revise these forward-looking statements.

    Neumora Contact

    Helen Rubinstein

    +1 (315) 382-3979

    [email protected]



    Primary Logo

    Get the next $NMRA alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $NMRA

    DatePrice TargetRatingAnalyst
    4/2/2025$1.00Buy → Underperform
    BofA Securities
    3/10/2025Outperform → Mkt Perform
    William Blair
    3/7/2025Buy → Neutral
    Guggenheim
    3/7/2025$6.00 → $2.00Buy → Hold
    Stifel
    1/2/2025$29.00 → $4.00Outperform → Sector Perform
    RBC Capital Mkts
    11/5/2024$18.00 → $15.00Overweight → Neutral
    JP Morgan
    10/1/2024$30.00Buy
    H.C. Wainwright
    7/22/2024$23.00Buy
    Needham
    More analyst ratings

    $NMRA
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Officer Berns Paul L sold $23,468 worth of shares (13,871 units at $1.69), decreasing direct ownership by 0.19% to 7,405,004 units (SEC Form 4)

      4 - Neumora Therapeutics, Inc. (0001885522) (Issuer)

      2/20/25 5:14:53 PM ET
      $NMRA
      Biotechnology: Biological Products (No Diagnostic Substances)
      Health Care
    • Officer Milligan Michael Lee sold $3,351 worth of shares (1,978 units at $1.69), decreasing direct ownership by 8% to 22,470 units (SEC Form 4)

      4 - Neumora Therapeutics, Inc. (0001885522) (Issuer)

      2/20/25 5:14:01 PM ET
      $NMRA
      Biotechnology: Biological Products (No Diagnostic Substances)
      Health Care
    • Chief Strategy Officer Aurora Daljit Singh sold $14,347 worth of shares (8,565 units at $1.68), decreasing direct ownership by 9% to 88,935 units (SEC Form 4)

      4 - Neumora Therapeutics, Inc. (0001885522) (Issuer)

      2/20/25 5:13:14 PM ET
      $NMRA
      Biotechnology: Biological Products (No Diagnostic Substances)
      Health Care

    $NMRA
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Neumora Therapeutics to Report First Quarter 2025 Financial Results on Monday, May 12, 2025

      WATERTOWN, Mass., April 28, 2025 (GLOBE NEWSWIRE) -- Neumora Therapeutics, Inc. (NASDAQ:NMRA), a clinical-stage biopharmaceutical company with a therapeutics pipeline consisting of seven brain disease programs including two clinical-stage programs, today announced that it will host a conference call and live webcast at 4:30 p.m. ET on Monday, May 12, 2025 to report its first quarter 2025 financial results and provide a business update. A live webcast of the event will be available on the events and presentations section of the Company's website at www.neumoratx.com. A replay of the webcast will be available following the completion of the event and will be archived for up to 30 days. Part

      4/28/25 7:00:00 AM ET
      $NMRA
      Biotechnology: Biological Products (No Diagnostic Substances)
      Health Care
    • Galapagos Announces Executive Leadership Updates

      Mr. Henry Gosebruch appointed by the Galapagos Board of Directors as founding CEO of newly created SpinCo  Dr. Paul Stoffels, Chair and CEO of Galapagos, plans to retire as CEO upon appointment of successor in the next 12 months and plans to continue as Chair of the Board of Directors, ensuring leadership continuity and long-term strategic guidance Mechelen, Belgium; April 21, 2025, 22:10 CET; regulated information – inside information – Galapagos NV ((Euronext &, NASDAQ:GLPG), a global biotechnology company dedicated to transforming patient outcomes through life-changing science and innovation, today makes two executive leadership announcements. In line with its planned separation

      4/21/25 4:10:00 PM ET
      $GLPG
      $NMRA
      Biotechnology: Pharmaceutical Preparations
      Health Care
      Biotechnology: Biological Products (No Diagnostic Substances)
    • Neumora Therapeutics to Present at Leerink Global Healthcare Conference

      WATERTOWN, Mass., March 04, 2025 (GLOBE NEWSWIRE) -- Neumora Therapeutics, Inc. (NASDAQ:NMRA), a clinical-stage biopharmaceutical company with a therapeutics pipeline consisting of seven clinical and pre-clinical brain disease programs, today announced that the Company will present at the Leerink Global Healthcare Conference being held in Miami, FL on Tuesday, March 11, 2025 at 10:00 a.m. ET. A live webcast of the presentation will be available on the Events and Presentations section of the Company's website at www.neumoratx.com. A replay of the webcast will be available following the completion of the event and will be archived for up to 30 days. About NeumoraNeumora Therapeutics, Inc.

      3/4/25 8:30:00 AM ET
      $NMRA
      Biotechnology: Biological Products (No Diagnostic Substances)
      Health Care

    $NMRA
    Financials

    Live finance-specific insights

    See more

    $NMRA
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Neumora Therapeutics to Report First Quarter 2025 Financial Results on Monday, May 12, 2025

      WATERTOWN, Mass., April 28, 2025 (GLOBE NEWSWIRE) -- Neumora Therapeutics, Inc. (NASDAQ:NMRA), a clinical-stage biopharmaceutical company with a therapeutics pipeline consisting of seven brain disease programs including two clinical-stage programs, today announced that it will host a conference call and live webcast at 4:30 p.m. ET on Monday, May 12, 2025 to report its first quarter 2025 financial results and provide a business update. A live webcast of the event will be available on the events and presentations section of the Company's website at www.neumoratx.com. A replay of the webcast will be available following the completion of the event and will be archived for up to 30 days. Part

      4/28/25 7:00:00 AM ET
      $NMRA
      Biotechnology: Biological Products (No Diagnostic Substances)
      Health Care
    • Neumora Therapeutics Announces Leadership Transition

      Paul L. Berns, executive chair of Neumora Board of Directors, to serve as chief executive officer and chairman of the Board Joshua Pinto, Ph.D. to serve as president Bill Aurora, Pharm.D. to serve as chief operating and development officer; Michael Milligan to serve as chief financial officer Neumora to host conference call on March 3, 2025 to report its fourth quarter and full year 2024 financial results and provide a business update WATERTOWN, Mass., Feb. 13, 2025 (GLOBE NEWSWIRE) -- Neumora Therapeutics, Inc. (NASDAQ:NMRA), a clinical-stage biopharmaceutical company with a therapeutics pipeline consisting of seven clinical and pre-clinical brain disease programs, today announced th

      2/13/25 7:00:00 AM ET
      $NMRA
      Biotechnology: Biological Products (No Diagnostic Substances)
      Health Care
    • Neumora Therapeutics Reports Third Quarter 2024 Financial Results and Provides Business Update

      Phase 3 data from KOASTAL-1 study of navacaprant in MDD expected around the end of 2024; KOASTAL-2 and KOASTAL-3 topline data expected in the first half of 2025 Ongoing clinical studies evaluating navacaprant in bipolar depression and NMRA-511 in Alzheimer's disease agitation with data expected in second half of 2025 Clinical study for next M4 PAM program expected to commence clinical in the first half of 2025 Strong financial position with $341.3 million in cash, cash equivalents and marketable securities now expected to support operations into mid-2026 Conference call today at 8:00am ET WATERTOWN, Mass., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Neumora Therape

      11/12/24 7:00:00 AM ET
      $NMRA
      Biotechnology: Biological Products (No Diagnostic Substances)
      Health Care
    • Neumora Therapeutics downgraded by BofA Securities with a new price target

      BofA Securities downgraded Neumora Therapeutics from Buy to Underperform and set a new price target of $1.00

      4/2/25 8:47:48 AM ET
      $NMRA
      Biotechnology: Biological Products (No Diagnostic Substances)
      Health Care
    • Neumora Therapeutics downgraded by William Blair

      William Blair downgraded Neumora Therapeutics from Outperform to Mkt Perform

      3/10/25 7:56:32 AM ET
      $NMRA
      Biotechnology: Biological Products (No Diagnostic Substances)
      Health Care
    • Neumora Therapeutics downgraded by Guggenheim

      Guggenheim downgraded Neumora Therapeutics from Buy to Neutral

      3/7/25 8:22:06 AM ET
      $NMRA
      Biotechnology: Biological Products (No Diagnostic Substances)
      Health Care

    $NMRA
    Leadership Updates

    Live Leadership Updates

    See more
    • Neumora Therapeutics Reports Fourth Quarter and Full Year 2023 Financial Results and Provides Business Update

      On-track to report topline Phase 3 data from the KOASTAL-1 study with navacaprant in MDD in the second half of 2024 and Phase 1 data with NMRA-266 in healthy adult participants mid-2024 Strong financial position with $463.8 million in cash, cash equivalents and marketable securities expected to support operations into 2026 WATERTOWN, Mass., March 07, 2024 (GLOBE NEWSWIRE) -- Neumora Therapeutics, Inc. (NASDAQ:NMRA), a clinical-stage biopharmaceutical company redefining neuroscience drug development, today announced financial results for the fourth quarter and full year ended December 31, 2023 and provided a business update. "2023 was a watershed year for Neumora as we

      3/7/24 7:00:00 AM ET
      $NMRA
      Biotechnology: Biological Products (No Diagnostic Substances)
      Health Care
    • Neumora Therapeutics Appoints Kaya Pai Panandiker as Chief Commercial Officer

      WATERTOWN, Mass., Jan. 22, 2024 (GLOBE NEWSWIRE) -- Neumora Therapeutics, Inc. (NASDAQ:NMRA), a clinical-stage biopharmaceutical company redefining neuroscience drug development, today announced the appointment of Kaya Pai Panandiker as chief commercial officer and a member of Neumora's executive team, reporting to Henry Gosebruch, president and chief executive officer. Ms. Pai Panandiker has more than 20 years of experience commercializing medicines in areas of significant unmet need, including the commercial launches of TRINTELLIX® (vortioxetine) and REXULTI® (brexpiprazole) for major depressive disorder (MDD) and schizophrenia. "I am excited to welcome Kaya to Neumora. As we progress t

      1/22/24 7:00:00 AM ET
      $NMRA
      Biotechnology: Biological Products (No Diagnostic Substances)
      Health Care
    • Neumora Therapeutics Appoints Jason Duncan as Chief Legal Officer

      WATERTOWN, Mass., Dec. 12, 2023 (GLOBE NEWSWIRE) -- Neumora Therapeutics, Inc. (NASDAQ:NMRA), a clinical-stage biopharmaceutical company redefining neuroscience drug development, today announced the appointment of Jason Duncan as chief legal officer. Mr. Duncan will be a member of Neumora's Executive Team, reporting to Henry Gosebruch, chief executive officer, and will oversee all aspects of the Company's legal and compliance functions. "I am pleased to welcome Jason to Neumora. With his unique background that combines legal expertise with program strategy, I am confident that he will be a valuable addition to our team as we seek to deliver on our mission to redefine neuroscience drug dev

      12/12/23 7:00:00 AM ET
      $NMRA
      Biotechnology: Biological Products (No Diagnostic Substances)
      Health Care

    $NMRA
    SEC Filings

    See more
    • SEC Form DEFA14A filed by Neumora Therapeutics Inc.

      DEFA14A - Neumora Therapeutics, Inc. (0001885522) (Filer)

      4/29/25 4:06:06 PM ET
      $NMRA
      Biotechnology: Biological Products (No Diagnostic Substances)
      Health Care
    • SEC Form DEF 14A filed by Neumora Therapeutics Inc.

      DEF 14A - Neumora Therapeutics, Inc. (0001885522) (Filer)

      4/29/25 4:03:56 PM ET
      $NMRA
      Biotechnology: Biological Products (No Diagnostic Substances)
      Health Care
    • SEC Form PRE 14A filed by Neumora Therapeutics Inc.

      PRE 14A - Neumora Therapeutics, Inc. (0001885522) (Filer)

      4/11/25 4:55:32 PM ET
      $NMRA
      Biotechnology: Biological Products (No Diagnostic Substances)
      Health Care

    $NMRA
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Amendment: SEC Form SC 13D/A filed by Neumora Therapeutics Inc.

      SC 13D/A - Neumora Therapeutics, Inc. (0001885522) (Subject)

      11/22/24 5:33:43 PM ET
      $NMRA
      Biotechnology: Biological Products (No Diagnostic Substances)
      Health Care
    • SEC Form SC 13G filed by Neumora Therapeutics Inc.

      SC 13G - Neumora Therapeutics, Inc. (0001885522) (Subject)

      11/12/24 4:30:30 PM ET
      $NMRA
      Biotechnology: Biological Products (No Diagnostic Substances)
      Health Care