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LOS ANGELES, CA - May 27, 2025 (NEWMEDIAWIRE) - NRx Pharmaceuticals (NASDAQ: NRXP), a clinical-stage biopharmaceutical company, and its wholly owned subsidiary HOPE Therapeutics, Inc., a medical and technology-driven company, are expanding their footprint in the mental health care sector with the acquisition of Kadima Neuropsychiatry Institute in La Jolla, California. The companies announced the signing of a definitive agreement to purchase the institute earlier in May 2025. Kadima is expected to serve as the clinical template for HOPE's planned network of interventional psychiatry clinics across the U.S. (https://ibn.fm/uwHMj).

• Kadima Neuropsychiatry Institute is expected to become the clinical model for HOPE Therapeutics' nationwide network of psychiatric clinics.

• The acquisition brings profitability and is expected to be accretive to both revenue and EBITDA.

• Kadima's founder and medical director, Dr. David Feifel, a leader in interventional psychiatry, will join HOPE as Chief Medical Innovation Officer.

• NRx's pipeline includes investigational drugs for suicidal bipolar depression and chronic pain.

• HOPE is targeting 30 clinic acquisitions by the end of 2025, projecting $100M in annual revenue.

One of California's flagship interventional psychiatry clinics, Kadima is recognized for integrating clinical care with research into emerging treatments such as psychedelic medications, and transcranial magnetic stimulation ("TMS"). The clinic offers a full range of treatments for suicidal depression, PTSD and other

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The latest news and updates relating to NRXP are available in the company's newsroom at https://ibn.fm/NRXP

Forward Looking Statements

Certain statements in this article are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management's control, including the risks set forth under the heading "Risk Factors" discussed under the caption "Item 1A. Risk Factors" in Part I of the Company's most recent Annual Report on Form 10-K or any updates discussed under the caption "Item 1A. Risk Factors" in Part II of the Company's Quarterly Reports on Form 10-Q and in the Company's other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this article in making an investment decision, which are based on information available to us on the date hereof. All parties undertake no duty to update this information unless required by law.