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NRx Pharmaceuticals Shares Rise After FDA Finishes Ketamine Review

Provided by Dow Jones Aug 7, 2026, 9:39:00 PM

By Katherine Hamilton

NRx Pharmaceuticals shares rose after the Food and Drug Administration completed its abbreviated new drug application review of the company's ketamine product.

The stock climbed 21% to $3.73 on Friday. Shares are up 42% this year.

The first-cycle review evaluated NRx's preservative-free ketamine and found no major deficiencies related to the product, ingredients or labeling, the drug company said Friday.

The FDA did flag a remaining question related to the container closure of the medication vial. The issue is packaging-related and doesn't relate to the ketamine drug product itself, NRx said.

The company is providing an attestation to the FDA related to the packaging issue.

Write to Katherine Hamilton at katherine.hamilton@wsj.com

(END) Dow Jones Newswires

August 07, 2026 12:39 ET (16:39 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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