NS-136 is a selective muscarinic acetylcholine M4 receptor positive allosteric modulator which is under development for the treatment of schizophrenia and Alzheimer's disease. It has been found to possess pro-cognitive effects in rodents. The drug is under development by NeuShen Therapeutics. As of May 2024, it is in phase 1 clinical trials for schizophrenia and is in the preclinical stage of development for Alzheimer's disease. Phase 2 trials to determine efficacy of NS-136 in treating schizophrenia began in October of 2025, with the expected completion date of the study being December of 2026. The drug is a small molecule, but its chemical structure does not seem to have been disclosed.

See also List of investigational antipsychotics Emraclidine NBI-1117568 Xanomeline

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