To ensure a stable financial base,
The three focus areas that will be prioritized going forward are:
- The own project NEX-22: A one-month depot of the GLP-1 substance liraglutide, within the large and very expansive type 2 diabetes indication.
Nanexa , in collaboration with an internationally leading CRO in diabetes, will shortly start a clinical phase I study with NEX-22. The clinical trial application has been submitted according to plan to theEuropean Medicines Agency and the goal is to be able to start the study during the first quarter of 2024. Expected read-out of the study is at the end of 2024. NEX-22 is also expected to be used in the expansive obesity indication. - The partner project with
Novo Nordisk : The exclusivity and evaluation agreement coversNanexa 's drug delivery system PharmaShell® together with a specific substance class. The collaboration has developed well during 2023 and will in 2024 be driven through several important steps in the preclinical development, which can form the basis for strategic development and license agreements. - Other prioritized partner projects: Well advanced evaluation projects with other global pharmaceutical companies where
Nanexa also sees opportunities for interesting broadening of collaborations with significant revenue potential during the period.
”We are determined to create value for our shareholders and partners by focusing on projects where we see the greatest potential and opportunity. I see great potential for us to make significant progress in our partnerships and in the NEX-22 project over the next 18 months. These tactical priorities, which aim to increase revenues while reviewing our costs, will strengthen our position in the market", says
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