Biopharma Transcript

Neumora Therapeutics, Inc. NMRA

Nasdaq · Phase 1 · CNS/neurology/psychiatry · small molecule · EDGAR · Updated Oct 24, 2026

Neumora Therapeutics, Inc. (Nasdaq: NMRA) is a CNS/neurology/psychiatry drug developer. Its lead program, NMRA-511, is in Phase 1 for Agitation in Alzheimer's disease (V1aR antagonist). Its next catalyst on record is NMRA-898: NMRA-898 Phase 1 MAD data expected in the second half of 2026. (H2 2026).

Upcoming catalysts

No catalyst is dated to the next 30 days or to an FDA action date.

Next further out: NMRA-898 — NMRA-898 Phase 1 MAD data expected in the second half of 2026. (H2 2026). 4 catalysts on record beyond the next 30 days; subscribers see each with its filing sentence.

Pipeline

ProgramIndicationModalityStage
navacaprantMDDsmall moleculePhase 3
NMRA-511AD agitationsmall moleculePhase 1
NMRA-898Schizophrenia (M4 PAM)small moleculePhase 1
NMRA-215Obesity (NLRP3)small moleculePhase 1
NMRA-GCaseNeurodegenerationsmall moleculePre-clinical
NMRA-CK1dNeurodegenerationsmall moleculePre-clinical

Recent results and decisions

  1. Jun 15, 2026
    missed KOASTAL-2 missed primary MADRS endpoint at week 6: -12.2 vs -12.0 placebo, LSMD -0.3, p=0.813In the KOASTAL-2 study patients treated with navacaprant 80 mg (n = 217) demonstrated a similar CFB to those treated with placebo (n = 213) [-12.2 vs -12.0; least-squares mean difference (LSMD) = -0.3; p = 0.813]. Filing
  2. Jun 15, 2026
    discontinued Company discontinuing navacaprant development after KOASTAL-2 and -3 failures; 35% workforce reductionThe Company is discontinuing development of navacaprant as it continues to focus on advancing the rest of its best-in-class clinical portfolio. Filing
  3. Mar 30, 2026
    positive Pre-specified analysis (NPI-AA >=4, n=53): Cohen's d 0.34 on CMAI total and 0.51 on CMAI aggression sub-factor at Week 8, with favorable tolerability.patients treated with NMRA-511 demonstrated a Cohen’s d effect size of 0.34 on the Cohen-Mansfield Agitation Inventory (CMAI) total score and 0.51 on the CMAI aggression sub-factor score at Week 8. Filing

2 more on record.

For subscribers

Other phase 1 CNS/neurology/psychiatry companies