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NeOnc' Phase 2 Data Could Put Cancer on the Ropes

Phase 2a NEO100 results shift focus to FDA pathway and global development, with insider buying underscoring growing market attention to NTHI.

(Moderate)
(Neutral)

NeOnc Technologies (NTHI) reported positive topline Phase 2a data for NEO100 in recurrent or progressive Grade III/IV IDH1-mutant glioma and is planning a Type B FDA meeting to discuss a potential registrational pathway.

The study showed six-month progression-free survival of 48.9%, more than double the prespecified 20% benchmark, with a reported p-value of 0.0047. Median overall survival was 26.09 months, and 86.7% of patients were alive at six months. Five of 24 patients remained on treatment, including one partial response lasting beyond 114 days. NeOnc describes NEO100 as an intranasal, nose-to-brain formulation of purified perillyl alcohol aimed at aggressive gliomas where options are limited.

Beyond the U.S. program, NeOnc received UAE IND authorization for NEO100 across three adult trials and pediatric work, and NEO212 secured UAE IND clearance with a recommended Phase 2 dose of 610 mg. SEC filings show August insider share purchases by director Thomas Chen and CEO Amir Heshmatpour.

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Positive

  • Six-month PFS 48.9% vs 20% benchmark, p=0.0047, in Phase 2a NEO100 study
  • Median overall survival 26.09 months with 86.7% of patients alive at six months
  • 5 of 24 patients remained on NEO100 treatment, including a partial response beyond 114 days
  • Planned Type B FDA meeting to discuss a potential registrational pathway for NEO100
  • UAE IND authorization for NEO100 in three adult programs plus pediatric development
  • UAE IND clearance for NEO212 with a recommended Phase 2 dose of 610 mg
  • Director Thomas Chen bought 33,787 shares at $3.8477 and 2,472 shares at $4.0445 in August

Negative

  • None.

Market Context

109,275 shares were bought and none sold in the last 90 days; that insider backdrop accompanied NEO1...
Analysis

109,275 shares were bought and none sold in the last 90 days; that insider backdrop accompanied NEO100's Phase 2a results and planned FDA Type B meeting without establishing clinical outcome.

Key Figures

Six-month progression-free survival: 48.9% Prespecified benchmark: 20% P-value: p=0.0047 +5 more
Six-month progression-free survival
48.9%
NEO100-01 Phase 2a study
Prespecified benchmark
20%
Six-month progression-free survival benchmark
P-value
p=0.0047
NEO100-01 Phase 2a results
Median overall survival
26.09 months
NEO100-01 Phase 2a study
Six-month survival
86.7%
NEO100-01 Phase 2a study
Study population
24 patients
NEO100-01 Phase 2a study
Patients remaining on treatment
5 patients
NEO100-01 Phase 2a study
Partial response duration
114 days
One patient remained in partial response beyond this duration

Previous Clinical trial Reports

3 past events · Latest: Jun 23
Same Type 3 events
  1. Jun 23

    UAE IND approval

    24h Move
    -4.5%

    NEO100 received UAE IND approval spanning three adult protocols and pediatric development.

  2. Dec 15

    Updated clinical results

    24h Move
    -3.2%

    Updated NEO100 results reported 44% PFS-6 and 24% radiographic remission in 25 patients.

  3. Nov 12

    Updated clinical results

    24h Move
    +3.6%

    NEO100 data reported 44% PFS-6 and 21% radiographic response in 24 patients.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

phase 2a, p-value, partial response, type b meeting
4 terms
phase 2a medical
"the Phase 2a question has been answered"
Phase 2a is an early stage in testing a new medical treatment or drug, where the main goal is to assess its safety and find the right dosage. For investors, this stage indicates whether the treatment shows initial promise before moving on to larger, more definitive studies; progress here can influence expectations for future development and potential success.
p-value medical
"with a reported p-value of 0.0047"
A p-value is a number that helps determine how likely it is that a result or pattern happened by chance rather than because of a real effect. For investors, a low p-value suggests that the findings in a study or analysis are probably meaningful and not just random noise—like noticing a pattern in coin flips that’s unlikely to occur by chance. This helps in assessing the reliability of information used to make financial decisions.
partial response medical
"one patient whose partial response continued beyond 114 days"
A partial response is a clinical outcome where a treatment produces a clear, measurable improvement in a disease — for example a substantial shrinkage of a tumor or reduction in symptom measures — but does not eliminate the disease entirely. For investors it signals meaningful efficacy that can support regulatory progress, further trials, or commercial potential, like seeing a product gain market traction even though it hasn’t achieved a complete cure.
type b meeting regulatory
"a planned Type B meeting with the U.S. Food and Drug Administration"
A Type B meeting is a formal, scheduled discussion between a drug or medical-device developer and a health regulator to resolve key mid‑ or late‑stage development issues such as clinical trial plans, interpretation of results, or steps needed for approval. Like a mid‑project review with an inspector, the meeting’s outcome can meaningfully change the timeline, cost and risk for a candidate: a clear, positive outcome lowers uncertainty for investors, while requests for more data or changes can signal delays and extra expense.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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NeOnc Looking to Turn Phase 2 Win into FDA Action

DENVER, Sept. 08, 2026 (GLOBE NEWSWIRE) -- (247marketnews.com) – For NeOnc Technologies Holdings (NASDAQ: NTHI), the Phase 2a question has been answered. Now comes the question that could matter even more to the market: What will the FDA do with the data?

On August 12, NeOnc reported positive topline results from the NEO100-01 Phase 2a study in patients with recurrent or progressive Grade III and Grade IV IDH1-mutant glioma. The company reported six-month progression-free survival of 48.9%, more than double the study's prespecified 20% benchmark, with a reported p-value of 0.0047. Median overall survival was reported at 26.09 months, while 86.7% of patients were alive at six months. Five of the 24 patients remained on treatment, including one patient whose partial response continued beyond 114 days.

That would already be enough to put a clinical-stage oncology company on the radar. But NeOnc immediately identified its next potential catalyst: a planned Type B meeting with the U.S. Food and Drug Administration to discuss a potential registrational pathway for NEO100. CEO Amir Heshmatpour called the results “an important milestone for NeOnc” and said the company's priority was to engage with the FDA and align on the most efficient path toward a registrational study.

The underlying proposition is also distinctive. NEO100 is an intranasal formulation of purified perillyl alcohol designed around nose-to-brain delivery, an approach intended to address one of the central problems in CNS oncology: getting therapeutics into the brain. The company has positioned NEO100 as a potential treatment for aggressive gliomas in a setting where treatment options remain limited.

The market now has a defined catalyst chain rather than a single binary data event: Phase 2a success → FDA interaction → potential registrational design → additional clinical validation, and has moved the conversation from “Can NEO100 produce a meaningful signal?” toward the much more consequential question of how regulators might want that signal developed.

The broader pipeline gives investors another reason to watch. In June, NeOnc received UAE IND authorization for NEO100 covering three adult programs ranging from Phase 1 through Phase 2, as well as pediatric development. NEO212, the company's oral perillyl alcohol-temozolomide conjugate, also received UAE IND clearance after completing Phase 1 dose escalation and establishing a recommended Phase 2 dose of 610 mg.

There is also an unusual insider-activity angle. SEC-filed information shows director Thomas Chen purchased 33,787 shares at a weighted average $3.8477 on August 14 and another 2,472 shares at $4.0445 on August 17. Additional purchases by Amir Heshmatpour were also reported in August. Insider buying does not predict clinical success, but it adds another data point to the market's rapidly changing perception of NTHI.

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Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements that are subject to various risks and uncertainties. Such statements include statements regarding the Company's ability to grow its business and other statements that are not historical facts, including statements which may be accompanied by the words “intends,” “may,” “will,” “plans,” “expects,” “anticipates,” “projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,” “potential” or similar words. Actual results could differ materially from those described in these forward-looking statements due to a number of factors, including without limitation, the Company's ability to continue as a going concern, general economic conditions, and other risk factors detailed in the Company's filings with the SEC. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake any responsibility to update such forward-looking statements except in accordance with applicable law.


FAQ

What clinical question did the NEO100-01 Phase 2a trial address for NeOnc?

The NEO100-01 Phase 2a trial evaluated NEO100 in patients with recurrent or progressive Grade III and Grade IV IDH1-mutant glioma. The results answered what the company described as the key Phase 2a question of whether NEO100 could produce a meaningful clinical signal in this difficult-to-treat population.

How does NeOnc describe the design and intent of NEO100?

NEO100 is described as an intranasal formulation of purified perillyl alcohol built around nose-to-brain delivery. This approach is intended to address the challenge of getting therapeutics into the brain in central nervous system oncology and is positioned as a potential treatment option for aggressive gliomas where current treatments remain limited.

What is the development status of NeOnc’s programs in the UAE?

In June, NeOnc received UAE IND authorization for NEO100 covering three adult programs ranging from Phase 1 through Phase 2, as well as pediatric development. In addition, NEO212, an oral perillyl alcohol-temozolomide conjugate, received UAE IND clearance after completing Phase 1 dose escalation and establishing a recommended Phase 2 dose of 610 mg.

What insider share purchases were recently reported for NTHI?

SEC-filed information shows director Thomas Chen purchased 33,787 shares at a weighted average price of $3.8477 on August 14 and another 2,472 shares at $4.0445 on August 17. Additional share purchases by CEO Amir Heshmatpour were also reported in August, which the company presents as another data point in the changing market perception of NTHI.

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