Tess Romero's questions to Neumora Therapeutics (NMRA) leadership • Q2 2025
Question
An analyst on behalf of Tess Romero asked about the synergies between Neumora's neuroscience pipeline and the new focus on obesity, the rationale for entering the indication, and for clarification on what R&D initiatives are included in the current cash runway guidance.
Answer
Joshua Pinto, President, addressed the questions. He stated that obesity fits squarely within Neumora's mandate to tackle large population health disorders driven by central mechanisms, leveraging the team's expertise in developing brain-penetrant molecules. Regarding the cash runway, he confirmed the balance of $217 million provides runway into 2027 and fully funds all critical programs, including NMRA-215, through their currently guided clinical milestones. This funding covers the six potential clinical catalysts expected over the next 18 months.