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Newron Pharmaceuticals Advances Evenamide Phase III Trials for Schizophrenia

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Newron Pharmaceuticals Advances Evenamide Phase III Trials for Schizophrenia

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An announcement from Newron Pharmaceuticals SpA ( (CH:NWRN) ) is now available.

Newron Pharmaceuticals has announced significant progress in its pivotal Phase III development program for Evenamide, an add-on therapy for treatment-resistant schizophrenia. The company has received regulatory approvals and initiated patient recruitment for its ENIGMA-TRS studies, highlighting strategic partnerships in Asia to expand its market reach. These developments position Evenamide as a potential blockbuster drug, addressing a critical need for new schizophrenia treatments and enhancing Newron’s industry standing.

The most recent analyst rating on (CH:NWRN) stock is a Hold with a CHF8.50 price target. To see the full list of analyst forecasts on Newron Pharmaceuticals SpA stock, see the CH:NWRN Stock Forecast page.

More about Newron Pharmaceuticals SpA

Newron Pharmaceuticals S.p.A. is a biopharmaceutical company based in Milan, Italy, focused on developing novel therapies for patients with central and peripheral nervous system disorders. The company is particularly involved in the development of Evenamide, a drug aimed at treating treatment-resistant schizophrenia.

Average Trading Volume: 56,365

Technical Sentiment Signal: Strong Buy

Current Market Cap: CHF178.7M

See more data about NWRN stock on TipRanks’ Stock Analysis page.

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