Noxopharm Gains Investor Interest and Expands Drug Trials

Noxopharm Ltd. (AU:NOX) has released an update.

Noxopharm Limited has secured new funding of A$2.1 million from sophisticated investors and signed a Material Transfer Agreement with an overseas company, highlighting growing interest in its Sofra™ technology platform. The company is set to launch its first clinical trial for the autoimmune drug SOF-SKN™ in 2025, marking a pivotal step in its strategy to tap into the lucrative autoimmune disease market. Additionally, Noxopharm is expanding its oncology pipeline with promising research data on pancreatic cancer and glioblastoma.

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