Minerva Neurosciences rises on financing of up to $200M to advance Schizophrenia drug (NERV:NASDAQ)

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Minerva Neurosciences (NASDAQ:NERV) shares rose as much as 160% premarket on Tuesday after announcing financing of as much as $200 million and plans for NDA resubmission of its Schizophrenia drug.

The biopharmaceutical company announced a securities purchase agreement with institutional