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Stock impact report

Minerva Neurosciences Reports Third Quarter 2024 Financial Results and Business Updates

Minerva Neurosciences, Inc (NERV) 
Last minerva neurosciences, inc earnings: 3/9 07:30 am Check Earnings Report
Company Research Source: GlobeNewswire
BURLINGTON, Mass., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Minerva Neurosciences, Inc. (Nasdaq: NERV), a clinical-stage biopharmaceutical company focused on the development of therapies to treat central nervous system (CNS) disorders, today reported business updates and financial results for the third quarter of 2024 ending September 30, 2024.    Roluperidone NDA Update As announced in February 2024, the U.S. Food and Drug Administration (FDA) issued a Complete Response Letter (CRL) to our New Drug Application (NDA) for roluperidone (f/k/a MIN-101) for the treatment of negative symptoms in patients with schizophrenia. Interactions with the FDA continue with the goal of addressing questions raised in the CRL.  Third Quarter 2024 Financial Results Research and development (R&D) expense: For the three months ended September 30, 2024 and 2023, R&D expense was $1.9 million and $3.4 million, respectively. R&D expense was lower versus the prior year period primarily due to lower costs associ Show less Read more
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