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Minerva Neurosciences NERV · USD

Health Care · US listing · 🇺🇸 United States

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2.63

+8.68%

Close of 9 Nov 2026, in USD

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About Minerva Neurosciences

From its filings with the US Securities and Exchange Commission

SEC filings

Minerva Neurosciences is based in Burlington, Massachusetts and is incorporated in Massachusetts. Its shares trade on Nasdaq under the ticker NERV. The SEC classifies its business as pharmaceutical preparations. In the fiscal year to 31 December 2024, it reported revenue of $0.

In its own words

We are a clinical-stage biopharmaceutical company focused on the development and commercialization of certain proprietary product candidates to treat patients suffering from central nervous system (“CNS”) diseases.

Our lead product candidate, roluperidone, is in development for the treatment of negative symptoms in patients diagnosed with schizophrenia. In August 2022, we submitted a New Drug Application (“NDA”) with the FDA for roluperidone for the treatment of negative symptoms in schizophrenia. On February 26, 2024, the FDA issued a Complete Response Letter (“CRL”) regarding our NDA for roluperidone. Subsequent to the CRL, we have had multiple interactions with the FDA to confirm the design of an additional Phase 3 confirmatory clinical trial to address the deficiencies cited in the CRL and resubmit the NDA.

Subject to ongoing feedback from the FDA, the C19 trial is currently expected to be initiated, including first patient screened, in the second quarter of 2026. The trial is designed to enroll 380 patients, randomized on a 1:1 basis to receive either placebo or a double-blinded single daily 64 mg dose of roluperidone. The primary efficacy endpoint is expected to be the change from baseline in the PANSS Marder negative symptoms factor score (“NSFS”) at 12 weeks of treatment with roluperidone compared to placebo. Following the initial 12-week treatment period, patients are expected to enter a 40-week relapse assessment phase, during which patients will crossover to receive either a daily 64 mg dose of roluperidone or antipsychotics.

Quoted from its 10-K, filed 11 Mar 2026. Read the filing on SEC.gov ↗

Company facts

Sector
Health Care
Industry
Biotechnology
Listed since
25 Jun 2014
Employees
7
Head office
1500 DISTRICT AVENUE, BURLINGTON, MA, 01803
Incorporated in
MA
Classification
Pharmaceutical Preparations
Filer status
Non-accelerated filer<br>Smaller reporting company

Leadership

Pay as last reported

  • Dr. Remy LuthringerExecutive Chairman of the Board of Directors, Chief Executive Officer, since 2014$1.2m
  • Mr. Geoffrey RacePresident$919,730
  • Mr. Frederick AhlholmChief Financial Officer, Senior Vice President, Secretary$754,156
  • Mr. Inder KaulDirector
  • Mr. Hans HaslerIndependent Director$75,625
  • Dr. David KupferIndependent Director$84,000
  • Dr. Fouzia Laghrissi-ThodeIndependent Director$70,125
  • Mr. Jan van HeekIndependent Director$67,500

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
17
Environment
18
Social
21
Governance
12
Carbon reduction policy
No
Human rights policy
No

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Minerva Neurosciences focuses on CNS disease treatments with MIN-101 for schizophrenia and MIN-202 for insomnia
  • MIN-117 targets MDD through 5-HT1A receptor blockade with clinical development underway
  • MIN-301 uses NRG-1b1 for Parkinson's disease treatment in clinical trials

Weaknesses

  • Minerva has only 7 employees in a high-cost US biotech sector
  • The company's clinical-stage status limits immediate commercial revenue
  • MIN-101 faces competition from existing schizophrenia treatments

Opportunities

  • Expanding MIN-202 for MDD indications could increase market reach
  • MIN-117's 5-HT1A mechanism offers potential for new MDD therapies
  • MIN-301's NRG-1b1 approach may attract Parkinson's disease research partnerships

Threats

  • Regulatory delays could impact MIN-101's FDA approval timeline
  • Clinical trial failures might affect all four product candidates
  • Patent expirations could reduce future revenue streams

Sources and methodology

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