Neumora Therapeutics (NMRA) Status Update summary
Event summary combining transcript, slides, and related documents.
Status Update summary
9 Jul, 2026Program overview and unmet need
Brain diseases affect over 1.5 billion people globally and are a leading cause of disability, with major depressive disorder (MDD) impacting more than 280 million people worldwide.
Current MDD treatments often fail to address core symptoms like anhedonia, with up to 85% of patients not achieving remission or discontinuing due to side effects.
Navacaprant, a highly selective kappa-opioid receptor antagonist, is being developed as a once-daily oral monotherapy for MDD and other neuropsychiatric disorders.
Clinical data and differentiation
Phase II studies showed navacaprant significantly improved depressive symptoms and anhedonia, with a favorable safety profile and no weight gain or sexual dysfunction.
Navacaprant demonstrated robust efficacy on multiple depression scales (HAM-D17, SHAPS, HAM-D6), with higher response and remission rates compared to placebo.
The drug's 300-fold selectivity for kappa over mu-opioid receptors may allow higher dosing and fewer side effects than other KOR antagonists.
Phase III COASTAL Program design
The COASTAL Program includes three replicate phase III, randomized, double-blind, placebo-controlled studies (COASTAL-1, -2, -3) and a long-term safety extension (COASTAL-LT).
Primary endpoint is change in MADRS score at week six; key secondary endpoint is change in SHAPS score, targeting both depressive symptoms and anhedonia.
Studies are powered at 90% for the primary outcome and incorporate advanced placebo mitigation and real-time data oversight to ensure trial integrity.
Latest events from Neumora Therapeutics
- Pivotal Phase 3 MDD data expected year-end, with $341.3M cash runway into mid-2026.NMRA
Q3 20248 Jul 2026 - NMRA-215 showed up to 26% preclinical weight loss; multiple clinical catalysts expected in 2026.NMRA
R&D Day 20258 Jul 2026 - Lead programs show strong efficacy and safety, with key clinical milestones expected in 2026.NMRA
Investor presentation18 Jun 2026 - Directors re-elected, auditor ratified, and annual executive pay votes approved.NMRA
AGM 202630 May 2026 - Navacaprant, NMRA-511, NMRA-215, and NMRA-898 advance with key data readouts and clinical milestones ahead.NMRA
RBC Capital Markets Global Healthcare Conference 202622 May 2026 - Net loss narrowed to $53.5M as cash runway extends into Q3 2027 and pipeline advances.NMRA
Q1 20267 May 2026 - Virtual meeting to elect directors, ratify auditor, and vote on executive pay and frequency.NMRA
Proxy filing17 Apr 2026 - Annual meeting to vote on directors, auditor, executive pay, and key governance matters.NMRA
Proxy filing17 Apr 2026 - Major data for MDD and Alzheimer's agitation expected, with strong financial runway and pipeline progress.NMRA
25th Annual Needham Virtual Healthcare Conference13 Apr 2026