Company Description
Oncotelic Therapeutics, Inc. (OTCQB: OTLC) is a clinical-stage biopharmaceutical company focused on the development of oncology and immunotherapy products, with a particular emphasis on high-unmet-need cancers and rare pediatric indications. The company is classified in the biological product manufacturing segment and is advancing late-stage therapeutic candidates while also integrating data science and nanomedicine technologies into its pipeline.
According to company disclosures, Oncotelic was originally formed in the State of New York in 1988 as OXiGENE, Inc., was reincorporated in the State of Delaware in 1992, changed its name to Mateon Therapeutics, Inc. in 2016, and adopted the name Oncotelic Therapeutics, Inc. in November 2020. The company is based in Agoura Hills, California, and its common stock trades on the OTCQB market under the symbol OTLC.
Oncology and rare pediatric focus
Oncotelic states that it seeks to leverage deep expertise in oncology drug development to improve treatment outcomes and survival of cancer patients, with a special emphasis on rare pediatric cancers. The company reports that it has rare pediatric designation for Diffuse Intrinsic Pontine Glioma (DIPG) through OT-101 via its 45% joint venture, GMP Bio, as well as rare pediatric designations for melanoma through CA4P and for Acute Myeloid Leukemia (AML) through OXi 4503. These programs reflect a strategy centered on difficult-to-treat malignancies and pediatric indications where treatment options are limited.
In addition to its oncology focus, Oncotelic describes itself as a clinical-stage biopharmaceutical company with a mission to address high-unmet-need cancers and rare pediatric indications using late-stage therapeutic candidates. The company also notes that it licenses and co-develops select drug candidates through joint ventures, and that it owns 45% of GMP Bio, a joint venture that is advancing its own pipeline of drug candidates in oncology and rare disease therapeutics.
RNA-based therapeutics and OT-101
Oncotelic characterizes itself as a leader in RNA-based therapeutics in recent communications. Within this context, the company highlights OT-101 (Trabedersen), a TGFB2 antisense agent, as a central component of its development efforts. OT-101 is referenced in connection with clinical experience and is associated with rare pediatric designation for DIPG through GMP Bio. Company materials also describe OT-101 as part of broader strategies that integrate biomarker discovery and translational oncology, particularly around TGF-β biology.
The company’s joint venture GMP Bio has advanced OT-101 into a Phase 3 pancreatic ductal adenocarcinoma (PDAC) trial and Phase 2 combination studies in multiple indications, according to a recent press release. These activities are part of a larger ecosystem of programs that Oncotelic associates with its ownership interest in GMP Bio and its focus on oncology and immunotherapy.
Deciparticle™ nanomedicine platform and Sapu Nano
Oncotelic has a 45% owned joint venture, Sapu Nano (also referred to as Sapu Bioscience in some communications), which is described as a clinical-stage biotechnology company developing Deciparticle™ nanomedicine therapeutics. The Deciparticle platform is presented as a proprietary nanotechnology engineered to encapsulate hydrophobic molecules as uniform, sub-20 nm nanoparticles for intravenous administration. Company and JV disclosures state that the platform is designed to improve systemic exposure, reduce gastrointestinal (GI) deposition, and support precision delivery while maintaining manufacturability at clinical scale.
A key asset associated with this platform is Sapu003, an intravenous Deciparticle formulation of everolimus. Public data indicate that Sapu003 is designed to overcome limitations of oral everolimus, such as low and variable bioavailability, high GI accumulation, and mTORC1-biased inhibition. New pharmacokinetic and tissue-distribution results reported by the JV show that IV Sapu003 substantially reduces GI drug accumulation compared with oral dosing, and company communications link these findings to the potential for improved tolerability and more consistent systemic exposure.
Oncotelic and Sapu Nano also report that the Deciparticle platform can formulate multiple classes of hydrophobic therapeutics, including macrolide mTOR inhibitors, ascomycin macrolactams, and certain cyclic and linear peptides, while maintaining a sub-20 nm nanoparticle profile suitable for IV delivery. The JV operates an integrated ISO-5 cGMP manufacturing facility that supports one-pot bulk drug manufacturing, sterile filtration, automated fill/finish, lyophilization into stable clinic-ready products, and precision particle-size control.
PDAOAI platform and AI-driven discovery
Oncotelic has developed PDAOAI, which it describes as a proprietary evidence-interrogation platform designed to extract biologically meaningful signals from large, complex biomedical datasets without training bespoke large language models on proprietary data. The platform structures, embeds, clusters, and queries large bodies of scientific and clinical information so that patterns present in the data can emerge, be tested, and validated against known biology and real-world outcomes.
The company reports that PDAOAI has been developed and refined in parallel with its advancing clinical and preclinical programs, enhancing the speed, depth, and efficiency of discovery across its pipeline. Oncotelic states that PDAOAI serves as a discovery and strategy engine, supporting biomarker identification and prioritization, context-aware interpretation of clinical endpoints, precision trial design and combination strategy development, and translation of complex biomedical data into development decisions. The platform has supported evidence synthesis associated with multiple peer-reviewed publications, including work in the International Journal of Molecular Sciences and other journals, focusing on survival-associated biological axes such as TGFB2, DNMT3A, and GMPS across tumor microenvironment settings and patient populations.
As part of the PDAOAI initiative, Oncotelic has curated a TGF-β literature corpus comprising more than 125,000 PubMed abstracts, representing a near-total body of scientific knowledge related to TGF-β biology across cancer, fibrosis, immunology, metabolism, and translational therapeutics. This corpus has been embedded, clustered, and indexed within PDAOAI and is made accessible to qualified researchers through a dedicated Discord research channel, providing an interactive knowledge base for hypothesis generation and cross-context signal discovery.
AI and data subsidiaries and joint ventures
Oncotelic reports that it acquired PointR Data Inc. in November 2019 to build what it describes as an AI-driven biotechnology company. The company also references EdgePoint AI, Inc., a consolidated minority-owned subsidiary, in connection with certain financing instruments and conversion features disclosed in recent SEC filings. These entities are part of a broader strategy in which Oncotelic combines drug development with AI, data analytics, and digital infrastructure to support its therapeutic programs.
The company also mentions Pet2DAO, a corporation with a decentralized autonomous organization (DAO) infrastructure, in forward-looking statements related to potential token registration and pet and animal health initiatives. These references appear in cautionary notes and are presented as part of possible future corporate transactions and technology commercialization efforts.
AL-101 and neurology/sexual health indications
Beyond oncology, Oncotelic has acquired AL-101 for intranasal delivery of apomorphine. Company communications state that AL-101 is intended to be developed for the treatment of Parkinson disease, erectile dysfunction (ED), female sexual dysfunction (FSD), and hypoactive sexual desire disorder (HSDD). Oncotelic describes these conditions as affecting large patient populations and highlights the limited treatment options in certain female sexual health indications. The company references external epidemiological and regulatory data to frame the medical need, including the approval of Vyleesi for HSDD and its associated limitations, and notes an urgent need for effective therapies for FSD and HSDD.
Oncotelic’s disclosures position AL-101 as a program aimed at patients who do not respond to existing ED treatments, as well as women with FSD and HSDD, though these plans are discussed in forward-looking terms and are subject to regulatory and clinical development risks as outlined in the company’s cautionary statements.
Corporate structure, financing, and public markets activity
Oncotelic’s SEC filings show that the company uses a variety of financing mechanisms, including private placements of notes and warrants, equity purchase agreements, and registration rights agreements. For example, the company has conducted an offering of units consisting of notes and warrants to accredited investors, with notes convertible into shares of Oncotelic common stock or shares of EdgePoint AI, Inc., and associated warrants exercisable for additional equity. These transactions are documented in multiple Form 8-K filings.
The company has also entered into agreements with Mast Hill Fund, LP, including a Note Purchase Agreement and an Equity Purchase Agreement, and has filed a registration statement on Form S-1 and an amendment on Form S-1/A to register shares of common stock for resale by Mast Hill. These filings describe the potential issuance of shares under put notices, warrants, and convertible indebtedness. Oncotelic identifies itself as a smaller reporting company in these registration statements.
In addition, the company has disclosed independent and ASC-compliant valuation processes related to its 45% ownership interest in GMP Bio. A third-party valuation by Frost & Sullivan (Hong Kong) estimated the potential value of the joint venture’s therapeutic pipeline, and Oncotelic has indicated that a separate valuation may impact the reported carrying value of its minority interest in future financial reporting, subject to U.S. GAAP fair-value measurement standards.
Sub-15 nm nanomedicine research
Oncotelic and its JV partner Sapu Bioscience have co-authored a review article titled “Sub-15 nm Nanoparticles for Drug Delivery: Emerging Frontiers and Therapeutic Potential,” published in the International Journal of Molecular Sciences. The review focuses on nanoparticles in the 5–15 nm size domain and highlights distinct biological behavior compared with larger nanocarriers, including deeper tissue and tumor penetration, reduced reticuloendothelial accumulation, rapid renal clearance, enhanced diffusion across biological barriers, and quantum-scale surface properties.
The findings in this publication are described as directly informing the Deciparticle platform, including Sapu003, which is preparing for first-in-human evaluation according to company communications. Oncotelic emphasizes that the ability to manufacture highly stable nanoparticles below 15 nm is central to its approach to precision nanomedicine.
Regulatory filings and reporting status
Oncotelic files periodic and current reports with the U.S. Securities and Exchange Commission, including Forms 10-Q, 10-K, S-1, S-1/A, and multiple Forms 8-K. A recent Form 12b-25 (NT 10-Q) indicates that the company experienced delays in compiling necessary financial information for a quarterly report and sought a brief extension under SEC rules, while stating that no significant change in results of operations was anticipated compared with the corresponding period of the prior year.
The company’s 8-K filings also cover material definitive agreements, unregistered sales of equity securities, amendments to independent contractor and restricted stock agreements, and other events such as corporate presentations and press releases. These filings provide insight into Oncotelic’s capital-raising activities, equity incentive structures, and investor communications.
Research collaborations and educational initiatives
Oncotelic has engaged in collaborations that combine advanced bioinformatics, translational oncology, and mentorship. For example, a publication in the International Journal of Molecular Sciences on comparative tumor microenvironment analysis for hepatocellular carcinoma and pancreatic ductal adenocarcinoma was conducted in collaboration with the Brush and Key Foundation. The study examined context-dependent biomarkers such as DNMT3A and GMPS across large patient datasets, and the collaboration also supported training for young scholars through mentored research experiences.
Through these activities, Oncotelic positions itself not only as a developer of therapeutic candidates but also as a contributor to the scientific literature on biomarkers, tumor microenvironments, and nanomedicine, often leveraging its PDAOAI platform and joint venture technologies.
Summary
Overall, Oncotelic Therapeutics, Inc. presents itself as a clinical-stage biopharmaceutical company integrating oncology drug development, rare pediatric cancer programs, RNA-based therapeutics, AI-driven discovery, and nanomedicine platforms. Its structure includes joint ventures such as GMP Bio and Sapu Nano, as well as subsidiaries like PointR Data Inc. and EdgePoint AI, Inc. Public filings and press releases emphasize a pipeline that spans antisense therapeutics (OT-101), nanoparticle-based formulations (including Sapu003), and intranasal apomorphine (AL-101), alongside platforms such as PDAOAI and Deciparticle that are intended to support discovery, biomarker strategies, and precision drug delivery.