Minerva Neurosciences Soars 339% Following $200M Financing Deal
Stock Surge: Minerva Neurosciences, Inc. (NERV) experienced a 339.33% increase in stock price, reaching $11.73 after announcing a $200 million financing deal for its schizophrenia drug candidate, roluperidone.
Financing Details: The financing agreement includes $80 million upfront, $80 million through Tranche A warrants, and $40 million via milestone-based Tranche B warrants to support a Phase 3 trial and potential U.S. commercial launch.
Trading Activity: On the day of the announcement, NERV opened at $3.02, peaked at $12.15, and had a trading volume exceeding 70 million shares, significantly higher than its average of 0.8 million.
Stock Performance: The stock's 52-week range is noted to be between $1.03 and $12.15, indicating significant volatility and investor interest.
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Minerva Neurosciences to Host KOL Event on Schizophrenia Treatment
- KOL Event Announcement: Minerva Neurosciences will host a virtual KOL event on February 3, 2026, featuring experts in psychology and psychiatry to discuss the patient burden of negative symptoms of schizophrenia and assessment challenges, which is expected to provide critical insights for the upcoming Phase 3 trial.
- Clinical Trial Plans: The company plans to initiate a confirmatory Phase 3 trial in 2026 using a novel protocol aligned with FDA considerations, aimed at maximizing the probability of a successful outcome and addressing the unmet medical need for treating negative symptoms.
- Impact of Negative Symptoms: Approximately 50% to 60% of individuals with schizophrenia experience at least one primary negative symptom, highlighting the urgent medical need as current antipsychotics primarily address positive symptoms without efficacy against negative symptoms.
- Expert Backgrounds: The event will feature Gregory Strauss, PhD, and Brian Kirkpatrick, MD, both of whom have extensive experience in schizophrenia research and have received over $82 million in research funding, underscoring their authority in the field and potential influence on future treatment options.
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