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News 2026-10-05 21:04 UTC

NRX Pharma Wins $11.2M DARPA Contract For Depression Trial

NRX Pharmaceuticals' subsidiary, NRx Defense Systems, has secured a prime contract with DARPA valued at approximately $11.2 million to conduct the SPARC-TMS clinical trial for treatment-resistant depression. Initially, about $6.7 million is obligated, payable upon milestone achievement.