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Published on 22 Sep 2023 on Zacks via Yahoo Finance

Karuna (KRTX) Submits NDA Filing to FDA for Schizophrenia Drug

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Karuna Therapeutics KRTX announced the submission of a new drug application (“NDA”) with the FDA seeking approval for its lead candidate KarXT, as a potential treatment of schizophrenia.

If approved, Karuna’s KarXT will provide a new treatment option for patients and be the first novel pharmacological approach for schizophrenia treatment in several decades. A commercial launch is expected in second-half 2024.

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