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flag Neumora Therapeutics' stock drops over 80% as its depression drug fails key trial.

flag Neumora Therapeutics' stock plummeted over 80% after its depression drug, navacaprant, failed a key Phase 3 trial for major depressive disorder. flag While the drug did not show significant improvement in reducing depressive symptoms, it was found safe and well-tolerated. flag Neumora plans to continue with further analyses and additional trials, with updates expected at an upcoming healthcare conference.

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