Medicus Pharma Ltd. Marks One Year on Nasdaq with Opening Bell Ceremony
PHILADELPHIA, Jan. 20, 2026 (GLOBE NEWSWIRE) -- Medicus Pharma Ltd. (NASDAQ: MDCX), a pioneering biotech company, is set to celebrate its one-year anniversary as a Nasdaq-listed entity. The company will ring the Nasdaq Opening Bell at the MarketSite in New York's Times Square on January 22, 2026, signifying a strong entrance into the public market.
Company Progress and Clinical Pipeline
Since going public, Medicus has maintained a focus on advancing its clinical development programs. The company is particularly dedicated to transforming its innovative therapeutic assets into market-ready solutions through disciplined execution. Medicus's current pipeline features:
- SkinJect: A localized immunogenic precision therapy for basal cell carcinoma, tapping into a potential $2 billion market opportunity.
- Teverelix: A next-generation GnRH antagonist designed for advanced prostate cancer patients, especially those with high cardiovascular risks, representing an estimated $6 billion opportunity.
Dr. Raza Bokhari, Medicus's Executive Chairman and CEO, emphasized the importance of this milestone, stating, “Marking one year on Nasdaq is an important milestone for Medicus. Our emphasis since becoming a public company has been on execution.”
Upcoming Milestones and Partnerships
As 2026 begins, Medicus is approaching critical milestones, including the database lock and clinical data readout for the SKNJCT-003 study. This phase is pivotal for potential partnerships that could further enhance the company’s strategic goals.
Enhancements in regulatory optionality are also worth noting. The company has been actively pursuing strategic partnerships with established pharmaceutical firms that specialize in late-stage development and commercialization efforts.
More details about the Opening Bell ceremony will be broadcast live starting at 9:15 a.m. ET and can be viewed via Nasdaq’s MarketSite livestream.
Innovative Treatment Developments
Medicus's subsidiary, SkinJect Inc., has been at the forefront of developing a non-invasive treatment scheme for basal cell carcinoma. The company achieved significant milestones in its clinical studies, including:
- Completion of a Phase 1 study (SKNJCT-001) demonstrating safety and tolerability.
- Initiation of a Phase 2 clinical study (SKNJCT-003) across the United States and Europe.
- Engagement in strategic collaborations aimed at expanding access to SkinJect for Gorlin Syndrome patients.
Furthermore, the company’s acquisition of Antev, a UK-based biotech, has strengthened its lead in developing Teverelix, a promising treatment for advanced prostate cancer.
Regulatory Progress and Future Outlook
Recent advancements with Teverelix reflect strong FDA oversight and engagement, including:
- FDA approval of Phase 2b study designs geared towards further clinical investigations.
- Guidance from the FDA on proposed Phase 3 trial designs, indicative of the company's solid trajectory in clinical research.
These developments position Medicus Pharma Ltd. (NASDAQ: MDCX) favorably as it seeks to address significant unmet medical needs in the therapeutic areas of oncology and urology.