Nasus Pharma CEO Issues 2025 Letter to Shareholders
1. NSRX's NS002 shows promise for faster epinephrine absorption.
2. The company raised $10 million in its IPO, enhancing financial position.
3. Collaboration with Aptar accelerates NS002's market path.
4. Phase 2 clinical study of NS002 has begun in Canada.
5. Key milestones planned for NS002's clinical and regulatory development in 2026.
The successful trials and partnerships position NSRX favorably in the market. Historical examples show that positive clinical results lead to increased stock value, notably in biotech firms.
How important is it?
The article outlines significant clinical advancements and partnerships, bolstering positive investor outlook and likely affecting stock performance of NSRX.
Why Long Term?
As NS002 advances through clinical trials and gains regulatory approvals, its market potential will increase, impacting investor sentiment positively over time.
Nasus Pharma CEO Dan Teleman Highlights Transformational Year in 2025 Shareholder Letter
TEL AVIV, Israel, Dec. 22, 2025 (GLOBE NEWSWIRE) -- Nasus Pharma Ltd. (NYSE: NSRX), a clinical-stage pharmaceutical company dedicated to advancing intranasal products for emergency medical conditions, has released a letter from its Chief Executive Officer, Dan Teleman, reflecting on significant progress made in 2025. The company has made notable strides in its mission to innovate life-saving medications through cutting-edge drug delivery technologies.
Significant Advancements in Product Development
Nasus Pharma has focused on developing drug delivery products utilizing its proprietary Nasax powder technology, demonstrating substantial potential to improve intranasal drug absorption. At the outset of 2025, the company shared positive outcomes from early clinical trials of NS002, an investigational intranasal epinephrine formulation designed to provide a needle-free alternative to traditional injections. With its enhanced absorption characteristics, NS002 has shown promise for faster epinephrine delivery crucial in time-sensitive anaphylactic emergencies.
Financial Milestones and IPO Success
In a strategic move to bolster its financial standing, Nasus Pharma completed an initial public offering in August 2025, raising $10 million in gross proceeds. This financial infusion will directly support ongoing clinical advancements for NSRX as the company works toward market introduction of its fast-acting intranasal epinephrine delivery product.
Collaborative Efforts to Accelerate Development
In October 2025, Nasus Pharma expanded its collaborations with Aptar France S.A.S. and AptarGroup Inc., leveraging proven unit dose system technology to expedite the clinical development and commercialization of NS002. These partnerships strengthen Nasus's ability to navigate established regulatory pathways and enhance its manufacturing and supply chain capabilities.
Regulatory Success and Clinical Studies Ahead
Concluding the year on a high note, Nasus received authorization from Health Canada to initiate a Phase 2 clinical study for NS002. The company has already dosed the first patient in a trial comparing the pharmacokinetics and hemodynamic responses of NS002 against EpiPen® among 50 healthy adults with a history of allergic rhinitis. An interim analysis is anticipated in the first quarter of 2026.
Looking Ahead: Key Milestones for 2026
As Nasus Pharma prepares for another significant year, the following milestones have been set for 2026:
Topline readout from NS002’s Phase 2 clinical study planned for the end of Q1 2026.
NS002 Investigational New Drug (IND) submission anticipated in Q3 2026.
Pivotal study initiation for NS002 planned for Q3 2026.
Pediatric study initiation projected for Q4 2026.
Additionally, Nasus Pharma aims to launch first-in-human studies for one or two new drug candidates based on its innovative Nasax technology.
About Nasus Pharma
Nasus Pharma is a clinical-stage pharmaceutical company focused on developing intranasal powder products that address acute medical conditions. The flagship product, NS002, aims to provide a needle-free alternative to epinephrine autoinjectors for anaphylaxis treatment. Leveraging the rich vascular network of the nasal cavity, their proprietary powder-based intranasal technology promises rapid and reliable drug delivery.