Minerva Neurosciences Stock Skyrockets on $200M Lifeline for Schizophrenia Drug
Minerva Neurosciences shares jumped over 150% on October 21, 2025, after announcing a private placement to raise up to $200 million led by Vivo Capital. The cash will fund a Phase 3 trial and FDA resubmission for its schizophrenia drug roluperidone. Trading volume surged to 39.5 million shares, and the stock hit a new 52-week high near $6.80. Market cap rose from under $20 million to about $48 million.
