M&A
confidence high
sentiment positive
materiality 0.75
NRx Pharmaceuticals subsidiary HOPE signs definitive agreement to acquire Kadima Neuropsychiatry Institute
NRX Pharmaceuticals, Inc.
- Kadima is a profitable interventional psychiatry clinic in La Jolla, CA, expected to serve as clinical model for HOPE network.
- Dr. David Feifel, Kadima founder, to join HOPE as Chief Medical Innovation Officer upon closing.
- Acquisition expected to be accretive to revenue and EBITDA for NRx and HOPE.
- Closing subject to customary conditions and finalization of financing; further details to follow.
- Kadima is a leading investigative site for CNS and psychedelic research, including ketamine and TMS.