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Stock impact report

Minerva Neurosciences Reports Fourth Quarter and Fiscal Year 2024 Financial Results and Business Updates [Yahoo! Finance]

Minerva Neurosciences, Inc (NERV) 
Last minerva neurosciences, inc earnings: 3/9 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
biopharmaceutical company focused on the development of therapies to treat central nervous system disorders, today reported business updates and financial results for the fourth quarter and year ended December 31, 2024. Corporate Update As previously disclosed in the first quarter of 2024, the U.S. Food and Drug Administration (FDA) issued a Complete Response Letter (CRL) to our New Drug Application (NDA) for roluperidone for the treatment of negative symptoms in patients with schizophrenia. The company continues to have interactions with the FDA with the goal of addressing questions raised in the CRL. Fourth Quarter and Year End Financial Results Research and development (R&D) expense : For the three months ended December 31, 2024 and 2023, R&D expense was $2.0 million and $ 4.7 million, respectively. R&D expense was lower versus the prior year period primarily due to costs associated with the FDA's review of our NDA for roluperidone, costs for the C18 study, and lower compen Show less Read more
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