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            Details:

            NeuroFront receives an exclusive option for an exclusive license to develop, commercialize and manufacture NRD.E1, Novaremed’s first-in-class, non-opioid investigational drug for the treatment of chronic neuropathic pain in Greater China and Singapore.

            Lead Product(s): NRD135S.E1

            Therapeutic Area: Neurology Product Name: NRD.E1

            Highest Development Status: Phase II Product Type: Small molecule

            Partner/Sponsor/Collaborator: NeuroFront Therapeutics

            Deal Size: $130.0 million Upfront Cash: Undisclosed

            Deal Type: Licensing Agreement July 21, 2022

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            Details:

            In summary, data from these 4 studies now published demonstrate the potential of NRD.E1 (NRD135S.E1) as an innovative non-opioid treatment option for patients with painful diabetic peripheral neuropathy (PDPN).

            Lead Product(s): NRD135S.E1

            Therapeutic Area: Neurology Product Name: NRD.E1

            Highest Development Status: Phase II Product Type: Small molecule

            Partner/Sponsor/Collaborator: Not Applicable

            Deal Size: Not Applicable Upfront Cash: Not Applicable

            Deal Type: Not Applicable June 23, 2022

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            Details:

            The primary efficacy endpoint aims to demonstrate superiority of NRD.E1 compared to placebo in relieving PDPN. The secondary objectives of the study are to evaluate the pharmacokinetics, safety, and tolerability of NRD.E1, and assess several additional endpoints.

            Lead Product(s): NRD135S.E1

            Therapeutic Area: Neurology Product Name: NRD.E1

            Highest Development Status: Phase II Product Type: Small molecule

            Partner/Sponsor/Collaborator: Not Applicable

            Deal Size: Not Applicable Upfront Cash: Not Applicable

            Deal Type: Not Applicable December 21, 2021

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            Details:

            The proceeds from this financing will be used to progress the clinical development of Novaremed’s lead product, NRD135S.E1, an investigational non-opioid small molecule drug for the treatment of painful diabetic peripheral neuropathy (PDPN).

            Lead Product(s): NRD135S.E1

            Therapeutic Area: Neurology Product Name: NRD.E1

            Highest Development Status: Phase II Product Type: Small molecule

            Partner/Sponsor/Collaborator: GEM Global Yield

            Deal Size: $50.0 million Upfront Cash: Undisclosed

            Deal Type: Agreement January 28, 2021

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            Details:

            In a Phase 2a Proof of Concept study, NRD135S.E1 showed clinically relevant reduction in patient-reported pain and an excellent safety and tolerability profile. Novaremed Ltd is currently preparing to conduct a Phase 2b study in PDPN patients in USA.

            Lead Product(s): NRD135S.E1

            Therapeutic Area: Neurology Product Name: NRD135S.E1

            Highest Development Status: Phase II Product Type: Small molecule

            Partner/Sponsor/Collaborator: Not Applicable

            Deal Size: Not Applicable Upfront Cash: Not Applicable

            Deal Type: Not Applicable December 18, 2020

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            Details:

            The Phase 2 study, designed as a randomized, double-blind, placebo-controlled study, will enroll patients with neuropathic pain caused by Diabetes Mellitus. Eligible patients will be randomized to receive oral doses of either NRD135S.E1 or placebo once daily for 3 months.

            Lead Product(s): NRD135S.E1

            Therapeutic Area: Neurology Product Name: Undisclosed

            Highest Development Status: Phase II Product Type: Small molecule

            Partner/Sponsor/Collaborator: Not Applicable

            Deal Size: Not Applicable Upfront Cash: Not Applicable

            Deal Type: Not Applicable May 25, 2020

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