HOPE Therapeutics, a subsidiary of NRx Pharmaceuticals, received final clearance from Florida's Agency for Health Care Administration to proceed with the acquisition of Dura Medical LLC, a revenue-generating and EBITDA-positive precision psychiatry clinic network.
Dura Medical provides comprehensive interventional psychiatry services including ketamine infusion therapy, transcranial magnetic stimulation, and Spravato® for treating severe depression, PTSD, and related CNS disorders in both veteran and civilian populations.
The acquisition, combined with previously announced purchases of Neurospa TMS and Cohen and Associates, will establish HOPE's coverage along Florida's west coast and support Dura's mission to treat more than 10,000 patients by 2026.
The deal represents a strategic expansion for HOPE's network of interventional psychiatry clinics, with Dura Medical founder Stephen Durand pioneering the combination of psychedelic medications with neuroplastic technologies for treating suicidal depression and PTSD.