Nuformix Signs an Exclusive WW License Agreement with Oxilio to Develop NXP001 for Oncology Disease

Shots:

  • Nuformix is eligible to receive an up front, development milestone along with royalties when the net sales reaching $2.76M/annum
  • Oxilio gets an exclusive license to research, develop and commercialize NXP001 globally for oncology indications. The agreement allows Oxilio to focus on developing a unique formulation and dosage form with NXP001 to progress into the clinic
  • NXP001 is a new form of aprepitant which is marketed in the oncology supportive care setting. Additionally, Nuformix has obtained the patents on new forms of NXP001 with improved properties & focuses to develop two lead assets NXP002 and NXP004

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