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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' Subsidiary, NuroMENA, Signs Master Services Agreement with M42's IROS and Expands Board of Directors
Globenewswire· 2025-10-09 13:00
Core Insights - NeOnc Technologies Holdings, Inc. is expanding its operations into the Middle East through strategic partnerships and governance enhancements [1][2][3] Group 1: Strategic Developments - NeOnc's subsidiary, NuroMENA Holdings Ltd., has signed a Master Services Agreement (MSA) with Insights Research Organization and Solutions (IROS), enhancing its clinical development capabilities [1][3] - The partnership with IROS, part of the M42 group, provides access to a world-class health ecosystem, facilitating accelerated clinical trials for NeOnc's cancer therapies [3][5] - NuroMENA is expanding its Board of Directors to include key partners from Quazar Investment, aiming to strengthen regional governance and growth [2][4] Group 2: Leadership and Governance - The new board members include Waleed K. Al Ali, CEO of Quazar Investment, enhancing the leadership team overseeing NuroMENA's regional strategy [4] - The board will work alongside existing directors to establish a strong foundation for operational excellence and strategic leadership in the Middle East [5] Group 3: Clinical and Research Capabilities - IROS is recognized for its commitment to advancing clinical research and real-world evidence, leveraging cutting-edge technologies to drive innovation [6][7] - The partnership with IROS is expected to enable NeOnc to conduct clinical trials with exceptional speed, quality, and integrity, positioning Abu Dhabi as a global hub for oncology innovation [5][6] Group 4: Company Background - NeOnc Technologies is focused on developing therapies for central nervous system cancers, with its NEO™ drug development platform producing novel drug candidates [11] - The company’s therapeutics, NEO100™ and NEO212™, are currently in Phase II clinical trials and have received FDA Fast-Track and Investigational New Drug (IND) status [11]
NeOnc Technologies Appoints Dr. David M. Ashley, Director of The Preston Robert Tisch Brain Tumor Center at Duke, to Scientific Advisory Board
Globenewswire· 2025-10-02 13:00
Core Insights - NeOnc Technologies Holdings, Inc. has appointed Dr. David M. Ashley to its scientific advisory board, enhancing its expertise in neuro-oncology [2][3] - Dr. Ashley is recognized for his significant contributions to brain tumor immunology and epigenetics, which will strengthen NeOnc's clinical pipeline, particularly its lead candidates NEO100™ and NEO212™ [3][4] - NeOnc is focused on developing therapies for central nervous system cancers, with its NEO™ drug development platform producing novel drug candidates that have shown positive effects in laboratory tests and clinical trials [5] Company Overview - NeOnc Technologies is a clinical-stage biopharmaceutical company specializing in central nervous system therapeutics, addressing challenges related to the blood-brain barrier [5] - The company’s lead candidates, NEO100™ and NEO212™, are currently in Phase II human clinical trials and have received FDA Fast-Track and Investigational New Drug (IND) status [5] - NeOnc holds an extensive worldwide patent portfolio licensed from the University of Southern California, covering various uses for its products, including oncological and neurological conditions [5]
NeOnc Technologies Welcomes Dr. Alexandra M. Miller, Chief of Neuro-Oncology and Co-Director of the Brain and Spine Tumor Center at NYU Langone Health’s Perlmutter Cancer Center, to Its Scientific Advisory Board
Globenewswire· 2025-10-01 13:00
Core Insights - NeOnc Technologies Holdings, Inc. has appointed Dr. Alexandra M. Miller to its scientific advisory board, enhancing its expertise in neuro-oncology [2][3] - Dr. Miller's background in developing liquid biopsy assays for CNS tumors will support NeOnc's clinical trials for its therapeutics NEO100™ and NEO212™ [3][4] - The company is expanding its global trial network, with new sites opening in the Middle East and India, indicating growth in its research capabilities [4] Company Overview - NeOnc Technologies is a clinical-stage biopharmaceutical company focused on developing therapies for central nervous system cancers, particularly addressing challenges related to the blood-brain barrier [6] - The company's NEO™ drug development platform has produced a portfolio of novel drug candidates, with patent protections extending to 2038 [6] - NEO100™ and NEO212™ are currently in Phase II human clinical trials and are advancing under FDA Fast-Track and Investigational New Drug (IND) status [6]
NeOnc Technologies Appoints Renowned Neuro-Oncologist Dr. Henry S. Friedman to Scientific Advisory Board
Globenewswire· 2025-09-29 13:00
Core Insights - NeOnc Technologies Holdings, Inc. has appointed Dr. Henry S. Friedman to its scientific advisory board, enhancing its expertise in neuro-oncology [1][2][4] - Dr. Friedman is a prominent figure in the field, with over 500 peer-reviewed publications and extensive experience in developing therapies for CNS cancers [4] - The company is preparing to publish data from its clinical programs NEO100 and NEO212, which are in Phase II trials and have received FDA Fast-Track and IND status [3][5] Company Overview - NeOnc Technologies is a clinical-stage biopharmaceutical company focused on developing therapies for central nervous system cancers, particularly addressing challenges related to the blood-brain barrier [5] - The company's NEO™ drug development platform has produced a portfolio of novel drug candidates with patent protections extending to 2038 [5] - NEO100 and NEO212 are proprietary chemotherapy agents that have shown positive effects in laboratory tests and clinical trials for malignant gliomas [5] Leadership and Strategy - The appointment of Dr. Friedman is expected to strengthen the company's pipeline and enhance stakeholder confidence as it advances its clinical programs [2][3] - The company aims to change the future for patients with glioblastoma and other brain cancers through innovative therapies and collaborative research efforts [3][4]
NeOnc Technologies to Showcase Progress on Addressing Brain Cancer to 63 Million TV Households on “Health Uncensored with Dr. Drew” on the Lifetime Network on September 25, premiering nationwide at 8:00 a.m. ET/PT
Globenewswire· 2025-09-22 13:00
Core Insights - NeOnc Technologies Holdings, Inc. is set to be featured on "Health Uncensored" hosted by Dr. Drew Pinsky, airing on September 25, 2025, which will provide significant national exposure to the company's innovative therapies for CNS cancers [1][10] - The episode will include discussions on NeOnc's NEO™ platform technology, which aims to overcome the Blood-Brain Barrier, and a patient testimonial highlighting the potential impact of NeOnc's drug candidates [2][3] Company Overview - NeOnc Technologies is a clinical-stage biotechnology company focused on developing therapies for central nervous system cancers, particularly malignant gliomas, utilizing its proprietary NEO™ drug development platform [6] - The company has two lead drug candidates, NEO100™ and NEO212™, currently in Phase II and Phase I clinical trials, respectively, both advancing under FDA Fast-Track status [4][6] Recent Developments - NeOnc has secured a $50 million strategic partnership with Quazar Investment to launch a clinical trials platform in the GCC & MENA regions, enhancing its global presence [12] - The company received FDA authorization to proceed with the Phase II clinical trial of NEO212, a first-in-class oral chemotherapy candidate for brain cancer [12] - NeOnc is nearing full enrollment for its NEO100-01 Phase 2a trial, with top-line data expected in early 2026, and the final patient cohort in the NEO212 Phase I trial is on track for completion in 2025 [12] - The company has been added to the Russell Microcap® Index, increasing visibility among institutional investors [12] - NeOnc received $2.5 million in non-dilutive grants from the NIH to advance its NEO212 program, indicating strong external validation of its scientific approach [12]
NeOnc Technologies Closes Strategic Acquisition of Advanced AI and 3D Bioprinting IP, Appointing World-Renowned Scientist Dr. Ishwar K. Puri to its Board
Globenewswire· 2025-08-25 13:00
Core Insights - NeOnc Technologies Holdings, Inc. has successfully acquired an intellectual property portfolio that enhances its capabilities in drug discovery for CNS cancers [1][2][3] - The acquisition includes advanced technologies such as AI, 3D bioprinting, and quantum modeling, which will improve the efficiency and accuracy of therapeutic candidate screening [2][5] - The transaction was valued at $3.5 million, comprising $500,000 in cash and $3 million in common stock [3] Company Developments - The newly acquired technology allows for the creation of patient-derived 3D brain tumor models, facilitating high-throughput screening of drug candidates [2] - NeOnc's integration of this technology into its R&D operations is expected to support its strategic partnership with Quazar Investment Group for advancing clinical trials in the GCC region [3] - Dr. Ishwar K. Puri has joined NeOnc's Board of Directors, bringing significant expertise in research and innovation [4][5] Strategic Implications - The acquisition is seen as a transformative milestone for NeOnc, enabling faster and more humane drug development processes [5] - The technology is anticipated to reduce reliance on animal testing and expand potential applications beyond brain cancer to other neurological diseases [5] - NeOnc's NEO™ drug development platform, which includes NEO100™ and NEO212™, is currently in Phase II clinical trials and has received FDA Fast-Track status [6]
NeOnc Technologies Signs Definitive Agreement to Acquire AI, 3D, and Quantum Modeling IP Portfolio from Dr. Ishwar K. Puri; Appoints Him to Board of Directors
Globenewswire· 2025-07-30 13:00
Core Insights - NeOnc Technologies Holdings, Inc. has signed a definitive Letter of Intent to acquire a Delaware entity co-owned by Dr. Ishwar K. Puri and Beth R. Levinson, focusing on innovative treatments for brain cancers [1] - The transaction is valued at $3.5 million, consisting of $500,000 in cash and $3 million in NeOnc common stock priced at $25 per share [2] - Dr. Ishwar K. Puri will join NeOnc's Board of Directors, bringing extensive experience in research and innovation from his role at the University of Southern California [3][4] Company Overview - NeOnc Technologies 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 NEO™ drug development platform has produced novel drug candidates with patent protections extending to 2038, including NEO100™ and NEO212™, which are currently in Phase II clinical trials [5]
NeOnc Technologies Signs Definitive Agreement for $50 Million Strategic Partnership with Quazar Investment
Globenewswire· 2025-07-29 13:00
Core Insights - NeOnc Technologies Holdings, Inc. has signed a definitive agreement for a $50 million strategic partnership with Quazar Investment, aimed at advancing treatments for brain and central nervous system cancers [2][3][4] Company Overview - NeOnc is a clinical-stage biotechnology company focused on developing therapeutics for central nervous system cancers, utilizing its proprietary NEO™ drug development platform [6] - The company has a portfolio of novel drug candidates, including NEO100™ and NEO212™, which are currently in Phase II clinical trials under FDA Fast-Track and Investigational New Drug status [6] Strategic Partnership Details - The agreement includes Quazar acquiring 1.4 million shares of NeOnc at $25 per share, totaling $35 million, with an additional $15 million allocated for Phase 2B clinical trials and infrastructure development in the UAE and MENA region [4] - Quazar plans to lead a capital formation round of up to $50 million, with 70% of proceeds directed towards acquiring NeOnc common stock and 30% for clinical trials and infrastructure [4] Future Plans and Conditions - NeOnc must fulfill certain conditions within 120 days, including the legal formation of NuroMENA and NuroCure in Abu Dhabi, for the transaction to be completed [5]