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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 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 and Quazar Investment Set to Close $50 Million Strategic Partnership by October 23rd Following Final UAE Tax Approvals
Globenewswire· 2025-10-06 13:00
Core Insights - NeOnc Technologies Holdings, Inc. has announced a significant milestone in its partnership with Quazar Investment, with a $50 million strategic partnership set to close by October 23, 2025 [1][4] - The partnership aims to enhance clinical trials, regulatory filings, and infrastructure development in the UAE and the broader MENA region [2][3] Company Overview - NeOnc is a clinical-stage biopharmaceutical company focused on developing therapies 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 [5] Partnership Details - The partnership with Quazar Investment, a prominent Abu Dhabi-based firm with over $3.3 billion in assets, includes a $15 million allocation for Phase 2B clinical trials and infrastructure development [4] - NuroMENA Holdings, NeOnc's subsidiary, was incorporated in the Abu Dhabi Global Market on August 6, 2025, fulfilling the requirements for the partnership [3]
NeOnc Technologies Receives FDA Authorization to Proceed with Phase II Clinical Trial of NEO212 – A First-in-Class Oral Chemical Conjugated Chemotherapy Candidate for Brain Cancer
Globenewswire· 2025-09-10 13:00
Core Insights - NeOnc Technologies Holdings, Inc. has received FDA authorization to advance its NEO212-01 clinical trial into Phase IIa/IIb, marking a significant milestone for the company [1][6] - NEO212 is an innovative oral chemotherapy drug that combines Temozolomide with a proprietary molecule, NEO100, aimed at improving treatment outcomes for CNS cancers [3][4] - The Phase II trial will expand patient enrollment across leading U.S. cancer centers, with plans to activate a broad network of premier institutions [5] Company Overview - NeOnc Technologies Holdings, Inc. is a multi-Phase II clinical-stage biopharmaceutical company focused on developing novel therapies for central nervous system cancers and other challenging malignancies [7][9] - The company's portfolio includes NEO100 and NEO212, which are backed by proprietary intellectual property and clinical programs [9] Clinical Development Strategy - The NEO212-01 Phase II trial will build on the successful completion of the Phase I dose-escalation study, which demonstrated safe administration of NEO212 at doses up to 810 mg daily [2] - Patient enrollment for the Phase II trial is expected to begin before the end of 2025, with independent review of the recommended Phase II dose currently ongoing [2] Leadership Commentary - Company leadership emphasizes that the advancement to Phase II represents years of innovation and aims to redefine treatment outcomes for brain cancer patients [6] - The mission of the company is to provide hope to brain cancer patients and their families, with NEO212 embodying this vision of combining science and compassion [6]
NeOnc Technologies Finalizes All Contingencies for $50 Million Strategic Partnership with Quazar Investment as NuroMENA Holdings Receives ADGM Incorporation
Globenewswire· 2025-08-11 13:00
Core Insights - NeOnc Technologies Holdings, Inc. has officially incorporated NuroMENA Holdings Ltd. in Abu Dhabi, completing a $50 million cornerstone investment led by Quazar Investment [3][4][6] - This partnership aims to launch NeOnc's CNS platform in the MENA region and accelerate the development of its therapeutic pipeline, including NEO212 and NEO100 programs [4][5] Company Overview - NeOnc Technologies is a clinical-stage biotechnology company focused on therapies for CNS cancers, with a strong intellectual property portfolio and academic collaborations [7] - Quazar Investment is a strategic investment firm managing over $3.3 billion in assets, focusing on transformative investments in biotechnology and healthcare across the MENA region [8] Strategic Partnership - The incorporation of NuroMENA is seen as a significant validation of NeOnc's global vision and commitment to delivering innovative therapies [5] - Quazar Investment will have majority control of NuroMENA, facilitating joint governance and strategic alignment to enhance CNS therapies in the region [6][7]
NeOnc Technologies Featured on Yahoo Finance's Podcast Trader Talk: AI and Biotech Take on Brain Cancer
Globenewswire· 2025-08-04 13:00
Core Insights - NeOnc Technologies Holdings, Inc. is a clinical-stage biotechnology company focused on developing treatments for brain and central nervous system cancers, recently featured in a podcast discussing its innovative approaches and market achievements [1][2]. Company Overview - NeOnc Technologies is advancing transformative treatments for brain cancer through its NEO drug development platform, which includes novel drug candidates and delivery methods with patent protections extending to 2038 [2]. - The company has two therapeutics, NEO100 and NEO212, currently in Phase II human clinical trials, both under FDA Fast-Track and Investigational New Drug (IND) status [2]. - NeOnc has secured a $50 million partnership in the Middle East and successfully joined the Russell Microcap Index shortly after its IPO, indicating strong market interest and investor confidence [1]. Technological Focus - The company specializes in intranasal drug delivery methods aimed at overcoming the blood-brain barrier, a significant challenge in treating central nervous system conditions [2]. - NeOnc's partnership with USC's medical school enhances its research capabilities and clinical trial reach, further solidifying its position in the biotech industry [1]. Industry Context - The podcast discussion highlighted the potential impact of AI and quantum computing on the biotech sector, suggesting that these technologies could revolutionize drug development and treatment methodologies [1].
NeOnc Technologies Holdings, Inc. Appoints Dr. Josh Neman as Chief Clinical Officer to Advance Clinical Strategy and Translational Oncology Programs
Globenewswire· 2025-06-06 13:00
Core Insights - NeOnc Technologies Holdings, Inc. has appointed Dr. Josh Neman as Chief Clinical Officer to enhance its clinical development strategy and accelerate clinical trials, particularly for its lead asset NEO100, which is nearing completion of Phase 2a ahead of schedule [1][5]. Company Overview - NeOnc Technologies is a clinical-stage biopharmaceutical company focused on innovative therapies for central nervous system cancers, with lead programs including NEO100 and NEO212 designed to bypass the blood-brain barrier [6]. Leadership Appointment - Dr. Neman joins from the Keck School of Medicine at USC, where he has significant experience in cancer neuroscience and has led various cancer research initiatives [2][3]. - His expertise in brain tumor biology and clinical leadership is expected to be instrumental in advancing NeOnc's mission to improve treatment outcomes for patients with life-threatening cancers [5]. Clinical Trials and Development - NeOnc is currently conducting four clinical trials, with NEO100's Phase 2a trial achieving full enrollment ahead of schedule [5]. - The company aims to integrate AI and quantum computing into its drug delivery platform, enhancing its precision therapies [5]. Research and Innovation - NeOnc's proprietary formulations and extensive patent portfolio (176 patents worldwide) reflect its strong potential for commercialization in the CNS cancer treatment market [6].