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NRX Pharmaceuticals has signed an important deal with DARPA for a clinical trial worth about $11.2 million.

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NRX Pharmaceuticals won a DARPA contract worth about $11.2 million for a depression study, supporting its treatment program. Only $6.7 million is committed so far, and later funding depends on government approvals and options.

NRXP · NRX Pharmaceuticals, Inc.

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The award gives NRX funding for a study of its depression treatment and brings the work closer to testing in patients. The FDA has approved the trial, and patient enrollment is expected to begin. Only $6.7 million is committed so far. Later funding depends on government appropriations and options, payments depend on accepted milestones, and either side can end the contract in certain cases. The award still supports NRX's work despite those limits.

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