24/7 Market News Snapshot 15 April, 2025 – NLS Pharmaceutics Ltd. Ordinary Shares (NASDAQ:NLSP)
DENVER, Colo., 15 April, 2025 (www.247marketnews.com) – (NASDAQ:NLSP) are discussed in this article.
NLS Pharmaceutics Ltd. is currently trading at $1.500, reflecting a significant rise of 3.45% in pre-market activity, building on a previous close of $1.450. This surge signals robust bullish momentum as the stock market opens, supported by a substantial trading volume of 1.08 million shares, indicating heightened investor interest that may be influenced by favorable news or market sentiment. The stock has surpassed key resistance levels, which may suggest further upward potential, particularly if moving averages continue to diverge positively, warranting close monitoring from investors given the implications for short-term price movements and overall market confidence.
In parallel, NLS Pharmaceutics has recently disclosed promising preclinical outcomes from Study KO-943, demonstrating the potential of Mazindol as an innovative, non-opioid treatment for fentanyl use disorder. Conducted in collaboration with Key-Obs SAS, the study illustrated that Mazindol significantly diminished fentanyl-induced conditioned place preference in mice, highlighting its capability to address the escalating opioid crisis, particularly as fentanyl-related overdoses continue to rise in prominence.
Amid increasing demands for effective non-opioid alternatives, the market for substance use disorder treatments is projected to grow substantially, underscoring the urgent necessity for groundbreaking solutions. Mazindol’s unique mechanism of action targets multiple receptors, alleviating both the adverse effects linked to opioid withdrawal and the reward pathways associated with addiction. Engaging with various receptors, Mazindol may provide a safer alternative to conventional opioid substitution therapies.
Dr. Eric Konofal, Chief Scientific Officer of NLS Pharmaceutics, remarked on the findings, emphasizing Mazindol’s unprecedented multi-target profile, which could potentially transform treatment strategies in the battle against the opioid epidemic. Furthermore, NLS Pharmaceutics is strategically poised for growth following a recent equity raise and a merger agreement with Kadimastem Ltd., enhancing its commitment to addressing significant healthcare challenges within the realm of central nervous system disorders. As developments unfold, the company’s contributions to addiction therapeutics could prove to be transformative.
Related news for (NLSP)
- NLS Pharmaceutics CEO Issues Letter to Shareholders
- NLS Pharmaceutics to Present New Data on the Dual Efficacy of Mazindol ER in Fentanyl Reward and Withdrawal at the 2025 ASCP Annual Meeting
- NLS Pharmaceutics Announces Positive Results from Study KO-943 Demonstrating Mazindol Reduces Fentanyl-Induced Reward in Animal Models
- NLS Pharmaceutics CEO Issues Letter to Shareholders