March 20 (Reuters) - Karuna Therapeutics Inc KRTX.O :
* KARUNA THERAPEUTICS ANNOUNCES POSITIVE RESULTS FROM PHASE 3 EMERGENT-3
TRIAL OF
KARXT IN SCHIZOPHRENIA
* KARUNA THERAPEUTICS: KARXT SHOWED 8.4-POINT REDUCTION IN POSITIVE AND
NEGATIVE
SYNDROME SCALE TOTAL SCORE COMPARED TO PLACEBO AT WEEK 5 (P<0.0001)
* KARUNA THERAPEUTICS: KARXT GENERALLY WELL TOLERATED, WITH SIDE EFFECT
PROFILE
SUBSTANTIALLY CONSISTENT WITH PRIOR TRIALS OF KARXT IN SCHIZOPHRENIA
* KARUNA THERAPEUTICS: THIRD POSITIVE REGISTRATIONAL TRIAL OF KARXT IN
SCHIZOPHRENIA MET ITS PRIMARY ENDPOINT
* KARUNA THERAPEUTICS: ON TRACK TO SUBMIT NDA TO FDA IN MID-2023, WITH A
POTENTIAL
LAUNCH IN SECOND HALF OF 2024
* KARUNA THERAPEUTICS: PRE-NDA MEETING IS SCHEDULED FOR EARLY SECOND QUARTER
OF
2023
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