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Nuvectis Announces NXP200 Granted Breakthrough Therapy Designation in China for BRAF V600-Mutant, Recurrent or Progressive, High-Grade Glioma

Nuvectis holds NXP200 rights outside Greater China and plans a U.S. investigational new drug submission.

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Nuvectis Pharma (NVCT) announced NXP200 received Breakthrough Therapy Designation in China for BRAF V600-mutant recurrent or progressive high-grade glioma. China’s Center for Drug Evaluation granted the designation to the investigational oral, brain-penetrant BRAF inhibitor, also known as HSK42360.

Nuvectis in-licensed exclusive worldwide rights to NXP200 outside Greater China from Haisco Pharmaceutical Group in June 2026. The company reports single-agent clinical activity in primary central nervous system tumors and other cancers, including in patients previously treated with BRAF inhibitors. Nuvectis plans a U.S. investigational new drug submission in the fourth quarter of 2026.

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Argus Sep 24 session 1 alert
+2.99% close to close 2.4x rel. volume Open Argus
Details

News Market Reaction – NVCT

$717.52M Market Cap

On Sep 24, the day this news came out, NVCT closed 2.99% above the previous close. Relative volume reached 2.4x the daily average during tracking.

Data tracked by StockTitan Argus for the Sep 24 session.

Market Context

The $20.0 million upfront payment reported with the August 4 NXP100/NXP200 license documents prior d...
Analysis

The $20.0 million upfront payment reported with the August 4 NXP100/NXP200 license documents prior deal economics; Nuvectis’s ex-Greater China NXP200 rights separate its territory from this China designation.

Key Figures

U.S. IND submission target: Q4 2026
U.S. IND submission target
Q4 2026
NXP200

Key Terms

breakthrough therapy designation, braf inhibitor, brain-penetrant, ind submission
4 terms
breakthrough therapy designation regulatory
"has been granted Breakthrough Therapy Designation (BTD)"
A breakthrough therapy designation is a regulatory fast-track given to a drug or treatment that shows early signs of providing a major improvement over existing options for a serious condition. Think of it as a VIP lane that can speed up development and more intensive guidance from regulators, which matters to investors because it can shorten time to market, reduce development risk and potentially increase a company’s value — though it does not guarantee approval.
braf inhibitor medical
"an oral, brain-penetrant, paradox-breaker BRAF inhibitor"
A BRAF inhibitor is a type of drug that blocks the activity of the BRAF protein, which can drive uncontrolled cell growth when mutated in certain cancers. For investors, BRAF inhibitors matter because they are a targeted therapy class with regulatory pathways, clinical trial milestones, and market potential tied to specific tumor types and mutation tests; think of them as a precision switch that can stop a malfunctioning growth signal in tumors.
brain-penetrant medical
"an oral, brain-penetrant, paradox-breaker BRAF inhibitor"
A brain-penetrant drug or molecule can cross the brain’s natural security gate (the blood–brain barrier) to reach and act on cells inside the brain. For investors, that matters because treatments that reach the brain can address disorders like Alzheimer’s, depression, or brain cancer—opening large markets—but they also carry higher technical risk, stricter safety testing and unique regulatory challenges compared with drugs that act elsewhere in the body.
ind submission regulatory
"advance NXP200 toward a U.S. IND submission"
An IND submission is an application a drug developer files with a regulatory authority (for example, the U.S. Food and Drug Administration) asking permission to start testing a new medicine in humans. It shows the company’s lab and safety data and a plan for clinical studies; for investors, an accepted IND is like a green light to move from research to trials, reducing development risk and unlocking value milestones.

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

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Fort Lee, NJ, Sept. 24, 2026 (GLOBE NEWSWIRE) -- Nuvectis Pharma, Inc. (NASDAQ: NVCT) ("Nuvectis" or the "Company"), a clinical-stage biopharmaceutical company focused on the development of innovative therapies for the treatment of complement-related conditions and oncology, announced today that NXP200 (HSK42360), an oral, brain-penetrant, paradox-breaker BRAF inhibitor, has been granted Breakthrough Therapy Designation (BTD) for the treatment of patients with BRAF V600-mutant, recurrent or progressive high-grade glioma by China’s Center for Drug Evaluation (CDE).

NXP200 is a paradox-breaking BRAF inhibitor designed to block the BRAF pathway without triggering paradoxical activation that is seen with first-generation BRAF inhibitors. To date, NXP200 has demonstrated single-agent clinical activity, including in heavily pre-treated patients as well as in patients previously treated with BRAF inhibitors, against primary central nervous system (CNS) tumors and other tumor types including non-small cell lung, colorectal and papillary thyroid cancers.

In June 2026, Nuvectis in-licensed exclusive worldwide, ex-Greater China rights to NXP200 from Haisco Pharmaceutical Group.

Ron Bentsur, Chairman and Chief Executive Officer of Nuvectis, commented, “We congratulate our partner Haisco for achieving this significant regulatory milestone, which is further testament to its tremendous strategic and operational capabilities. The CDE’s granting of Breakthrough Therapy Designation underscores the compelling clinical activity observed to date with NXP200 in patients with recurrent or progressive BRAF V600-mutant high-grade glioma. In parallel, we continue to advance NXP200 toward a U.S. IND submission in the fourth quarter of 2026.”

About Nuvectis Pharma, Inc.

Nuvectis Pharma, Inc. is a clinical stage biopharmaceutical company focused on the development of innovative therapies for the treatment of immune complement-related conditions and oncology. The Company’s pipeline includes ciprocopan (NXP100), a complement Factor B inhibitor in development for the treatment of complement-mediated diseases, and the oncology drug candidates NXP200 and NXP900, in development for the treatment of advanced cancers.

The company’s lead drug candidate is ciprocopan, a once-a-day Factor B inhibitor, with best-in-class potential, recently approved in China for the treatment of PNH patients previously untreated with complement inhibitors.

NXP200 is an oral, brain-penetrant, paradox-breaker BRAF inhibitor for the treatment of BRAF V600X-mutated and Class II/III non-V600-mutated solid tumor malignancies, with best-in-class potential.

NXP900 is an oral small molecule inhibitor of the SRC family kinases, including SRC and YES1.

Forward Looking Statements

This press release contains “forward-looking statements” within the meaning of the U.S. federal securities laws, which are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as "anticipate", "believe", "contemplate", "could", "estimate", "expect", "intend", "seek", "may", "might", "plan", "potential", "predict", "project", "target", "aim", "should", "will", "would", or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. These forward-looking statements include, but are not limited to, statements regarding future events, including statements about the approvability and market potential of our pipeline products. Forward looking statements are based on Nuvectis’ current expectations, estimates, and projections and past interpretations of data and information available, including preclinical and clinical safety, pharmacokinetics, pharmacodynamics, and efficacy data generated to date for NXP200 and the clinical and regulatory implications of a Breakthrough Therapy Designation for NXP200 in China. The outcomes of the events described in these forward-looking statements are subject to inherent uncertainties, risks, assumptions, market and other conditions, and other factors that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties may also be subject to market and other conditions and described more fully in the section titled "Risk Factors" in Nuvectis’ second quarter 2026 Form 10-Q and Nuvectis’ other public filings with the U.S. Securities and Exchange Commission ("SEC"). However, these risks are not exhaustive and new risks and uncertainties emerge from time to time, and it is not possible for us to predict all risks and uncertainties that could have an impact on the forward looking statements contained in this press release or other filings with the SEC. Any forward-looking statements contained in this press release speak only as of the date of this press release. We expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in Nuvectis’ expectations or any changes in events, conditions or circumstances on which any such statement is based, except as may be required by law, and we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995.

Company Contact
Ron Bentsur
Chairman, Chief Executive Officer and President
rbentsur@nuvectis.com

Media Relations Contact
Kevin Gardner
LifeSci Advisors
kgardner@lifesciadvisors.com


FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What designation did Nuvectis Pharma’s NXP200 receive in China?

NXP200 received Breakthrough Therapy Designation from China’s Center for Drug Evaluation for patients with BRAF V600-mutant, recurrent or progressive high-grade glioma.

How is Nuvectis Pharma’s NXP200 designed to work?

NXP200 is designed to block the BRAF pathway without triggering the paradoxical activation seen with first-generation BRAF inhibitors.

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