Strong Partnership with Johnson & Johnson
Nanobiotix has made significant progress with its collaboration with JNJ, which includes a $2.6 billion agreement with potential royalties. The collaboration is expanding into different indications such as lung cancer and head and neck cancer, potentially addressing over 100,000 patients and a $10 billion market in the US and EU5.
Progress in Clinical Trials
Multiple clinical trials are advancing well, including the pivotal Phase 3 study NANORAY-312 for head and neck cancer and the Phase 2 CONVERGE study for lung cancer initiated by JNJ. Early-stage trials show promising data in various cancers such as pancreatic, lung, and esophageal cancer.
Financial Strategy and Sustainability
Nanobiotix has extended its cash runway to mid-2026 and is exploring nondilutive financing to extend it further into 2027. The company has also amended its agreement with JNJ, reducing its funding obligations and improving its financial outlook.
Launch of Curadigm Platform
The company launched Curadigm, a next-generation nanotherapeutic platform, expected to impact multiple therapeutic areas and create potential partnerships with biotech and pharma industries.