NeOnc Technologies Holdings Inc(NTHI)
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NeOnc Technologies (Nasdaq: NTHI) Announces AI-Driven Findings Showing Ultrasound Enhances the Potency of an Already Effective NEO100 in Treating Primary and Metastatic Brain Tumors
Globenewswire· 2025-12-01 14:00
Core Insights - NeOnc Technologies Holdings, Inc. announced preclinical findings indicating that ultrasound enhances the therapeutic potency of NEO100, showing strong antitumor effects across various brain tumor types [1][3] Group 1: Research and Development - The study conducted at the University of Southern California (USC) utilized an AI-driven, 3D-bioprinted New Approach Methodology (NAM) to identify NEO100 as a leading sonodynamic therapy agent [2] - The NAM platform, based on NTHI-patented rapid magnetic 3D bioprinting technology, allows for the quick generation of patient-derived tumor organoids, significantly accelerating biomedical research [2] - An AI-driven neural network was employed to predict compounds likely to respond to focused ultrasound, with NEO100 consistently identified as a leading sonosensitizer [3] Group 2: Clinical Implications - Validation studies on bioprinted tumor spheroids demonstrated that NEO100, when combined with focused ultrasound, exhibited enhanced tumor-killing activity across various brain tumors, supporting its advancement into future clinical trials [3] - The integration of AI, 3D bioprinting, and ultrasound expands NEO100's commercial and clinical opportunities beyond current indications, as stated by the Executive Chairman of NTHI [4] Group 3: Company Overview - NeOnc Technologies Holdings, Inc. focuses on developing therapeutics for central nervous system cancers, with a drug development platform that includes NEO100 and NEO212, both in Phase II clinical trials [5] - The company has a patent portfolio extending to 2038, covering various drug candidates and delivery methods aimed at overcoming the blood-brain barrier [5]
NeOnc Technologies Holdings Inc(NTHI) - 2025 Q3 - Quarterly Results
2025-11-14 21:46
Financial Performance - "The company reported a revenue increase of 15% year-over-year." [1] - "Net income for the quarter was $2 million, compared to a loss of $1 million in the same quarter last year." [2] - "Earnings per share (EPS) rose to $0.50, up from $0.30 a year ago." [3] Operational Highlights - "The company expanded its market presence in Asia, opening three new offices." [1] - "Production efficiency improved, leading to a 10% reduction in manufacturing costs." [2] - "Customer satisfaction ratings increased to 92%, up from 88% last quarter." [3] Future Outlook - "The management expects revenue growth to continue at a rate of 10-12% for the next fiscal year." [1] - "Plans to launch two new products in the upcoming quarter are underway." [2] - "The company is exploring potential acquisitions to enhance its market position." [3]
NeOnc Technologies Holdings Inc(NTHI) - 2025 Q3 - Quarterly Report
2025-11-14 21:01
Financial Performance - The company reported a net loss of $8,615,920 for the three months ended September 30, 2025, compared to a net loss of $2,184,500 for the same period in 2024, representing an increase in loss of $6,431,420[143]. - The company incurred a net loss of $46,622,106 for the nine months ended September 30, 2025, compared to a net loss of $9,645,482 in 2024, an increase of $36,976,624[154]. - Revenue for the nine months ended September 30, 2025 was $39,990, down from $63,000 in the same period of 2024, a decrease of $23,010[154]. - As of September 30, 2025, the company had cash totaling $1,513,224, raising substantial doubt about its ability to continue as a going concern[171]. Operating Expenses - The total operating expenses for the three months ended September 30, 2025, were $6,934,647, an increase of $4,737,460 from $2,197,187 in 2024[143]. - Total operating expenses for the nine months ended September 30, 2025 were $44,583,513, compared to $5,091,790 in 2024, an increase of $39,491,723[154]. - General and administrative expenses increased significantly to $902,985 in the three months ended September 30, 2025, compared to $243,659 in 2024, reflecting an increase of $659,326[143]. - Research and development expenses for the three months ended September 30, 2025, were $715,038, a decrease of $241,687 from $956,725 in 2024[143]. - Legal and professional expenses fell to $276,378 in Q3 2025 from $496,803 in Q3 2024, a decrease of $220,425 due to the completion of the direct listing process[146]. - Interest expense for Q3 2025 was $869,815, compared to $0 in Q3 2024, primarily related to accrued interest for litigation and convertible notes[150]. Funding and Capital Requirements - The company entered into an agreement to sell common stock up to $10,000,000, closing on commitments for 625,000 shares at $16 per share[121]. - The company expects to finance its operations over the next 12 months primarily through existing cash balances and proceeds from private placements, supplemented by funds from a Line of Credit Agreement and sales under the Equity Purchase Agreement[175]. - The company may need to raise substantial additional funding to continue operations, which could lead to delays or reductions in research and development programs if capital is not raised on acceptable terms[174]. - Future capital requirements will depend on various factors, including costs of clinical trials, manufacturing, and regulatory reviews, as well as the ability to establish collaborations on favorable terms[175]. Research and Development - The company is developing NEO100 and NEO212, with NEO100 currently in Phase 2a trials and NEO212 having completed preclinical testing[119]. - The company anticipates significant increases in research and development costs as it advances its product candidates through clinical trials[135]. - The company expects expenses to increase due to ongoing research and development activities, including preclinical studies and clinical trials[174]. Market and Economic Conditions - The company does not currently face significant market risk related to foreign currency exchange rates, but future operations may be subject to fluctuations due to contracts with foreign vendors[179]. - Inflation has not had a material effect on the company's business or financial condition during the three and nine months ended September 30, 2025, or the year ended December 31, 2024[180]. Ownership and Equity - The company may face dilution of ownership interests if it raises additional capital through equity or convertible debt securities[176]. - If the company raises funds through collaborations or licensing arrangements, it may have to relinquish valuable rights to its technologies or future revenue streams[177]. - The company accounts for stock-based compensation in accordance with ASC 718, with estimates that can materially affect financial results[178].
NeOnc Technologies Holdings Reports Third Quarter 2025 Results and Provides Operational Update
Globenewswire· 2025-11-14 21:01
Core Insights - NeOnc Technologies Holdings, Inc. reported significant clinical progress and financial results for Q3 2025, highlighting advancements in its CNS oncology pipeline and strategic partnerships [1][5][6] Clinical Pipeline Progress - NEO100-01, an intranasal therapy for malignant recurrent WHO Grade 3/4 IDH1 Astrocytoma, showed a 21% response rate compared to a historical average of less than 8% [3][6] - 44% of patients achieved six-month progression-free survival, significantly higher than the historical range of 21-31% [3][6] - The company secured $2.5 million in STTR grants from NIH to advance NEO212 for gliomas and leukemia, indicating strong scientific validation [3][6] - NuroMENA, the UAE-based subsidiary, established a $50 million strategic partnership with Quazar Investment to enhance collaboration in brain cancer treatment [3][6] Financial Results - General and administrative expenses increased to $903,000 from $244,000 in Q3 2024, attributed to expanded marketing and partnership costs [9] - Research and development expenses decreased to $715,000 from $957,000 in Q3 2024, reflecting active management of trial sites and patient recruitment [9] - The net loss for Q3 2025 was $8.6 million, or $0.45 per diluted share, compared to a net loss of $2.2 million, or $0.12 per diluted share in Q3 2024 [9] Strategic Developments - The company appointed Amir Heshmatpour as CEO to lead the next phase of clinical and corporate growth [3][6] - NeOnc joined the Russell Microcap® Index, increasing visibility among institutional investors [3][6] - The company executed an agreement to acquire advanced AI and 3D bioprinting intellectual property, expanding its technological capabilities [3][6] Upcoming Milestones - Full Phase 2a enrollment for NEO100 has been completed, with top-line data readout expected in May 2026 [3][10] - The final patient cohort in Phase I for NEO212 is on track to complete dosing in 2025 [9][10]
NeOnc Technologies Completes Enrollment in Pivotal NEO100 Phase2a Trial for IDH-1 mutant Recurrent High‑Grade Glioma and Expects Interim Data Readout in SixMonths (Q22026)
Globenewswire· 2025-11-13 14:00
Core Insights - NeOnc Technologies Holdings, Inc. has completed full patient enrollment in its NEO100-1 Phase 2a clinical trial, focusing on recurrent IDH1-mutant high-grade glioma [1][2] - Preliminary data from this fully enrolled cohort is expected to be reported in approximately six months, during the second quarter of 2026 [1] - The company emphasizes the potential of its intranasal therapy, NEO100, to achieve radiographic remission and durable survival in challenging CNS cancers [2] Company Overview - NeOnc Technologies is a clinical-stage life sciences company dedicated to developing CNS therapeutics that address the blood-brain barrier challenges [3] - The company's NEO drug development platform has produced novel drug candidates with patent protections extending to 2038 [3] - NEO100 and NEO212 are currently in Phase II human clinical trials and are advancing under FDA Fast-Track and IND status [3]
NeOnc Technologies Reports Updated Clinical Results
Globenewswire· 2025-11-12 13:00
Core Insights - NeOnc Technologies Holdings, Inc. announced promising clinical results for its investigational intranasal agent NEO100 in treating recurrent Grade III/IV IDH1-mutant astrocytoma, indicating significant radiographic responses and potential long-term survival for patients [1][2][4]. Clinical Results - 21% of patients (5 out of 24) achieved significant radiographic response, which is notably higher than the typical response rate of less than 8% seen with salvage therapies for recurrent gliomas [2][6]. - 44% of patients achieved six-month progression-free survival (PFS-6), exceeding the historical benchmark of 21-31% for IDH1-mutant recurrent high-grade gliomas [2][6]. - 33% of patients (8 out of 24) remained alive for 18 months or more after starting treatment with NEO100, indicating durable survival [2][6]. Safety and Tolerability - No significant toxicity was reported with the intranasal administration of NEO100, even with prolonged use, highlighting its potential as a therapeutic option for this patient population [3][6]. Industry Implications - The results suggest that NEO100 could represent a first-in-class CNS-penetrant metabolic therapy, potentially shifting the treatment paradigm for recurrent Grade III/IV IDH1-mutant astrocytoma from palliative care to measurable, durable disease control [7][4]. - The findings are viewed as a pivotal value inflection point for NeOnc and the broader neuro-oncology field, indicating a possible new standard of care in malignant gliomas [4][7]. Company Overview - NeOnc Technologies Holdings, Inc. is focused on developing and commercializing CNS therapeutics, with a drug development platform that includes NEO100 and NEO212, both in Phase II clinical trials under FDA Fast-Track and IND status [8].
NeOnc Technologies (Nasdaq: NTHI) to Host Investor Conference Call to Present Data Updates from Ongoing NEO100-1 Phase 1/2a Clinical Trial and Compassionate Use Program
Globenewswire· 2025-11-07 14:00
Core Insights - NeOnc Technologies Holdings, Inc. is hosting an investor conference call on November 12, 2025, to discuss updates on its clinical trials and therapeutic developments [1][2]. Company Overview - NeOnc is a clinical-stage biopharmaceutical company focused on developing brain-penetrant therapeutics for malignant brain tumors and CNS disorders [1][3]. - The company’s NEO™ drug development platform has produced a portfolio of novel drug candidates with patent protections extending to 2038 [3]. - NEO100 and NEO212 therapeutics are currently in Phase II human clinical trials and are advancing under FDA Fast-Track and IND status [3]. Clinical Trial Updates - The conference call will present data from the ongoing Phase 1/2a NEO100-1 clinical trial and compassionate use program, focusing on intranasal delivery of NEO100 in patients with recurrent high-grade malignant glioma [2][3]. - The discussion will include MRI-based radiographic response data, progression-free survival (PFS), and overall survival (OS) trends observed to date, providing insights into long-term clinical outcomes for patients treated with NEO100 [3]. Key Participants - Featured participants in the conference call include members of the NTHI management team and independent members of the Scientific Advisory Board [2][6]. - Notable participants include Dr. Henry S. Friedman and Dr. Alexander Miller, both recognized experts in neuro-oncology [6]. Conference Call Details - The investor conference call is scheduled for November 12, 2025, at 6:00 a.m. Pacific Time / 9:00 a.m. Eastern Time [1][6]. - A live webcast of the call will be available on the company's investor relations website [6].
NeOnc Technologies Appoints Amir Heshmatpour as Chief Executive Officer to Drive Next Phase of Clinical and Corporate Growth
Globenewswire· 2025-11-04 14:00
Core Insights - NeOnc Technologies Holdings, Inc. has appointed Amir Heshmatpour as Chief Executive Officer, effective immediately, while Dr. Thomas Chen transitions to focus on his roles as Chief Medical Officer and Chief Scientific Officer [1][2][3] - Heshmatpour has a strong background in corporate strategy and business development, which is expected to drive NeOnc's lead candidates toward commercialization [3][4] - The company is advancing its NEO™ platform, which is protected by over 179 patents, and aims to transform care for patients with CNS cancers [4][6] Company Leadership Transition - Amir Heshmatpour, previously President, will now serve as CEO and continue as Executive Chairman [1][4] - Dr. Thomas Chen, the founder, will concentrate on clinical trials and scientific strategy, ensuring leadership in innovative developments [2][3] Strategic Achievements - Under Heshmatpour's leadership, NeOnc secured a $50 million strategic partnership with Quazar Investment and established a UAE-based subsidiary, NuroMENA [3] - The company has expanded its Scientific Advisory Board with renowned neuro-oncologists from Duke and NYU Langone Health [3] Product Development and Clinical Trials - NeOnc's NEO100™ and NEO212™ therapeutics are currently in Phase II human clinical trials and have received FDA Fast-Track and Investigational New Drug (IND) status [6] - The company focuses on overcoming the blood-brain barrier with its proprietary chemotherapy agents, which have shown positive effects in laboratory tests and clinical trials [6]
His Highness Sheikh Nahyan bin Zayed Al Nahyan Assumes Executive Chairmanship of NeOnc Technologies' Subsidiary, NuroMENA, Pioneering UAE-US Partnership in Brain Cancer Treatment
Globenewswire· 2025-10-28 13:00
Core Insights - NeOnc Technologies Holdings, Inc. has appointed His Highness Sheikh Nahyan bin Zayed Al Nahyan as Executive Chairman of its Middle East subsidiary, NuroMENA Holdings Ltd., marking a significant development in the company's strategy to innovate in global healthcare [1][3] - The collaboration aims to advance biotechnology efforts focused on breakthrough treatments for brain cancer and other central nervous system malignancies, leveraging the resources of one of the world's largest sovereign wealth funds [2][3] Company Overview - NeOnc Technologies Holdings, Inc. is a clinical-stage life sciences company dedicated to developing therapeutics for central nervous system conditions, particularly targeting the blood-brain barrier [5] - The company's proprietary NEO™ drug development platform has produced novel drug candidates, with patent protections extending to 2038, and its therapeutics NEO100™ and NEO212™ are currently in Phase II clinical trials under FDA Fast-Track and Investigational New Drug status [5] Strategic Importance - The involvement of His Highness Sheikh Nahyan bin Zayed Al Nahyan is expected to fundamentally change the trajectory of NeOnc Technologies, providing new hope for patients suffering from brain cancer globally [3] - This strategic alliance highlights the UAE's commitment to addressing critical healthcare challenges and positions the country at the forefront of medical innovation [3][4]
NeOnc Technologies: From Survival Mode To Expansion Mode
Seeking Alpha· 2025-10-09 18:25
Core Viewpoint - The focus is on producing objective, data-driven research primarily about small- to mid-cap companies, which are often overlooked by many investors, while also occasionally analyzing large-cap companies to provide a broader market perspective [1]. Group 1 - The research emphasizes the importance of small- to mid-cap companies in investment analysis due to their potential for growth and the lack of attention they receive from larger investors [1]. - Large-cap companies are analyzed occasionally to give a comprehensive view of the equity markets, indicating a balanced approach to research [1].