NRx Pharma, Cardinal Health Ink Zyesami Distribution Pact - NRX Pharmaceuticals (NASDAQ:NRXP), Cardinal Health (NYSE:CAH)

NRx Pharmaceuticals Inc NRXP has signed an agreement with Cardinal Health Inc CAH to provide third-party logistics and distribution of Zyesami upon the potential FDA Emergency Use Authorization (EUA) approval.
In May, NRx applied for EUA to the FDA for Zyesami (aviptadil) for critical COVID-19 patients with respiratory failure.
Cardinal Health Specialty Pharmaceutical Distribution will serve as the exclusive distributor for Zyesami.
In July, NRx validated the first commercial formulation with better stability of Zyesami. NRx also said that it has "achieved a 30-to-50 fold increase" in the manufactured lot size of the drug.
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Price Action: NRXP shares are up 5.19% at $13.58 during the market session on the last check Thursday.