Welcome to our dedicated page for Nuvectis Pharma news (Ticker: $NVCT), a resource for investors and traders seeking the latest updates and insights on Nuvectis Pharma stock.
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Nuvectis Pharma, Inc. reported encouraging preliminary data from the NXP800 Phase 1b study in platinum resistant, ARID1a-mutated ovarian cancer and robust activity of NXP900 in non-small cell cancer cell lines. Several clinical data updates are expected in the second half of 2024. The company remains cash flow efficient with approximately $19.5 million in cash, providing runway into the second half of 2025. Financially, cash and cash equivalents increased to $19.5 million from $19.1 million, with a net loss of $4.2 million for the first quarter of 2024, including $1.3 million in non-cash stock-based compensation.
