Neumora Therapeutics, Inc., a clinical-stage biopharmaceutical company, engages in developing therapeutic treatments for brain diseases, neuropsychiatric disorders, and neurodegenerative diseases. The company develops navacaprant (NMRA-140), a novel once-daily oral kappa opioid receptor antagonist, which is in phase 3 clinical trials for the treatment of major depressive disorder. It also develops NMRA-511 that is in phase 1 clinical trials in patients with agitation associated with dementia due to Alzheimer’s disease; and NMRA-266, which is in the phase 1 clinical trial for the treatment of schizophrenia and other neuropsychiatric disorders. In addition, its preclinical phase product includes NMRA-NMDA for the treatment of schizophrenia; NMRA-CK1d, a CK1d inhibitor program for the treatment of amyotrophic lateral sclerosis; NMRA-NLRP3 for the treatment of certain neurodegenerative conditions; and NMRA-GCase for the treatment of Parkinson’s disease. The company was formerly known as RBNC Therapeutics, Inc. and changed its name to Neumora Therapeutics, Inc. in October 2021. Neumora Therapeutics, Inc. was incorporated in 2019 and is headquartered in Watertown, Massachusetts.
Analyst Outlook | Consensus price target of $29.00 reflects optimism about Neumora's prospects, with analysts rating the stock "Outperform" despite speculative risks |
Competitive Edge | Delve into Neumora's strategic positioning against competitors like Johnson & Johnson, and the potential advantages of navacaprant in the MDD market |
Market Potential | Navacaprant's market opportunity in MDD treatment is estimated at $2-2.8 billion, highlighting significant growth potential for Neumora Therapeutics |
MDD Trial Progress | Explore Neumora's Phase III KOASTAL-1 trial for navacaprant, a promising KOR antagonist for major depressive disorder, with readout expected in Q4 2024 |
Metrics to compare | NMRA | Sector Sector - Average of metrics from a broad group of related Healthcare sector companies | Relationship RelationshipNMRAPeersSector | |
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P/E Ratio | −5.4x | −1.8x | −0.7x | |
PEG Ratio | −0.09 | −0.01 | 0.00 | |
Price / Book | 4.9x | 1.2x | 2.6x | |
Price / LTM Sales | - | 1.9x | 3.2x | |
Upside (Analyst Target) | 131.4% | 133.3% | 43.2% | |
Fair Value Upside | Unlock | 17.4% | 6.8% | Unlock |