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Fennec (FENC) backs new University of Arizona study on PEDMARK use in cisplatin-treated patients

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Rhea-AI Filing Summary

Fennec Pharmaceuticals Inc. reported that the University of Arizona Cancer Center has initiated an investigator-sponsored study evaluating PEDMARK® (sodium thiosulfate injection) in adolescent, young adult, and adult patients with head and neck and testicular cancers receiving cisplatin.

The company explains that cisplatin-based chemotherapy is widely used but can cause permanent hearing loss in a significant share of patients, and PEDMARK is already approved to reduce ototoxicity risk in pediatric patients with localized, non-metastatic solid tumors. The new independent, institution-led study is intended to further build real-world evidence for PEDMARK in broader cancer populations beyond those in the pivotal pediatric trials.

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Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Cisplatin hearing loss incidence 60–90% of patients Studies cited for cisplatin-induced ototoxicity rates
PEDMARK patient age range ≥1 month old Indicated pediatric population with localized, non-metastatic solid tumors
Glomerular filtration rate threshold 60 mL/min/1.73m2 Level where closer monitoring for hypernatremia and hypokalemia is advised
PEDMARK U.S. approval date September 2022 FDA approval for reducing cisplatin-associated ototoxicity
PEDMARQSI EU approval date June 2023 European Commission approval for PEDMARQSI brand
PEDMARQSI U.K. approval date October 2023 United Kingdom approval for PEDMARQSI
Annual cancers potentially platinum-treated 500,000 patients in U.S. Estimated annual U.S. cancer diagnoses that could involve platinum chemotherapy
investigator-sponsored study financial
"announced the initiation of an investigator-sponsored study by University of Arizona Cancer Center"
A study led and organized by an independent researcher or medical center rather than by a drug or device company, where the investigator designs the protocol, collects the data, and often arranges funding. For investors, these studies can produce impartial clinical evidence that may boost or weaken a product’s market prospects, act like a third-party check on company claims, and affect regulatory decisions and future sales potential.
cisplatin-induced ototoxicity medical
"Cisplatin-Induced Ototoxicity Cisplatin and other platinum-based chemotherapies are widely used"
Cisplatin-induced ototoxicity is hearing loss or ringing in the ears caused by the chemotherapy drug cisplatin damaging the inner ear. Investors should care because this side effect can limit how the drug is used, increase costs for monitoring, treatment or legal claims, and create demand for protective therapies or devices—similar to how a car model with a known safety issue can change sales, recalls, and aftermarket repair markets.
National Comprehensive Cancer Network medical
"recognized by the National Comprehensive Cancer Network with a 2A recommendation"
A coalition of major cancer centers and experts that develops widely used, evidence-based treatment guidelines for oncology care. Its recommendations act like a trusted rulebook or roadmap for doctors, insurers and hospitals, so updates can change which therapies get prescribed, reimbursed or adopted—making it an important influence on drug uptake, clinical trial value and healthcare company prospects.
Phase 3 clinical studies medical
"with an established dosing regimen, across two open-label, randomized Phase 3 clinical studies"
Large, late-stage medical studies that test whether a new drug or medical treatment is safe and effective in a broad group of patients; they are typically the final trials regulators review before deciding on approval. Think of them as a final dress rehearsal with many participants that determines if a product can be sold widely — positive results greatly increase the chance of regulatory approval, commercial sales, and value for investors, while negative results can sharply reduce expected returns.
Orphan Drug Exclusivity regulatory
"PEDMARK has received Orphan Drug Exclusivity in the U.S."
A regulatory right that gives a drugmaker sole approval to market a medicine for a specific rare disease for a set number of years, during which the regulator will not approve the same medicine from competitors for that same use. For investors, this is like a temporary exclusive sales permit that can protect revenue and justify higher valuation because it reduces near‑term competition and helps the company recover development costs and capture market share.
Pediatric Use Marketing Authorization regulatory
"PEDMARQSI has received Pediatric Use Marketing Authorization in Europe"
0001211583false00012115832026-04-072026-04-07

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

 

Washington, D.C. 20549

 

Form 8-K

 

Current Report

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): April 7, 2026

 

FENNEC PHARMACEUTICALS INC.

 

(Exact name of registrant as specified in its charter)

 

001-32295

(Commission File Number)

 

British Columbia, Canada

 

20-0442384

(State or other jurisdiction of

incorporation)

 

(I.R.S. Employer Identification No.)

 

 

PO Box 13628, 68 TW Alexander Drive,

Research Triangle Park, NC

 

 

27709

(Address of principal executive offices)

 

(Zip Code)

 

 

Registrant’s telephone number, including area code: (919) 636-4530

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

         

Securities registered pursuant to Section 12 of the Act:

Title of each class

Trading symbol(s)

Name of each exchange on which registered

Common shares, no par value

FENC

Nasdaq Capital Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company   

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.   

  

 

 

 

 

Item 8.01.

Other Events

On April 7, 2026, Fennec Pharmaceuticals Inc. (the “Company”) announced the initiation of an investigator-sponsored study by University of Arizona Cancer Center to evaluate use of PEDMARK® (sodium thiosulfate injection) in adolescent and young adult and adult patients with head and neck and testicular cancers receiving cisplatin.

A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

The information contained in this Item 8.01, including Exhibit 99.1 attached hereto, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor incorporated by reference into any filing under the Securities Act of 1933, as amended, except as expressly set forth by specific reference in such filing.

  

 

Item 9.01

Financial Statements and Exhibits.

 

 

(d)

Exhibits.

 

Exhibit No.

Description

 

 

Exhibit 99.1

Press Release dated April 7, 2026

Exhibit 104

Cover Page Interactive Data File (the cover page XBRL tags are embedded within the inline XBRL document)

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

FENNEC PHARMACEUTICALS INC.

 

 

 

 

 

 

Date April 7, 2026

By:

/s/ Robert Andrade

 

 

Robert Andrade

Chief Financial Officer

 

Exhibit 99.1

Graphic

FENNEC PHARMACEUTICALS ANNOUNCES Investigator-SPONSORED STUDY to be Conducted by University of Arizona Cancer Center

~ University of Arizona Cancer Center Initiating Study to Explore Use of PEDMARK® in AYA & Adult Patients with Solid Tumors Receiving Cisplatin ~

~ This New Study and Other Independent, Institution-Led Research Continues to Expand Real-World Validation of PEDMARK® Across New Tumor Types and Patient Populations ~

Research Triangle Park, NC, April 7, 2026 – Fennec Pharmaceuticals Inc. (NASDAQ:FENC; TSX: FRX), a specialty pharmaceutical company, today announced the initiation of an investigator-sponsored study by University of Arizona Cancer Center to evaluate use of PEDMARK® (sodium thiosulfate injection) in adolescent and young adult (AYA) and adult patients with head and neck and testicular cancers receiving cisplatin.  

PEDMARK® is currently approved for pediatric patients one month of age and older with localized, non-metastatic solid tumors, and is also recognized by the National Comprehensive Cancer Network with a 2A recommendation for use in adolescent and young adult patients.

Fennec recently announced the initiation of two other institution-led clinical studies:

In March 2026, Fennec announced that Tampa General Hospital (TGH) Cancer Institute is initiating a study evaluating the real-world clinical utility of PEDMARK® in reducing the risk of ototoxicity in AYA and adult cancer patients receiving cisplatin-based treatment. Additional investigator-initiated studies supporting the use of PEDMARK® in additional tumor types and patient populations, including AYA cancer, have been submitted to Fennec and are currently under review.
In December 2025, Fennec announced that City of Hope, a U.S. cancer research and treatment organization, is evaluating PEDMARK® for the prevention of cisplatin-induced ototoxicity (CIO) in adult men with stage II-III metastatic testicular germ cell tumors.

Additional investigator-initiated studies supporting the use of PEDMARK® have been submitted to Fennec and are currently under review.

“At Fennec, we are committed to supporting independent research efforts, which help build real-world evidence and expand understanding of how PEDMARK® may benefit patients beyond the populations studied in our pivotal trials,” said Pierre S. Sayad, PhD, M.S., chief medical officer of Fennec Pharmaceuticals. “Within the last few months, we have announced the initiation of three new studies with leading and highly respected academic and community oncology centers. We believe that data and insights generated through these studies – and others to come – will help support broader clinical adoption of PEDMARK® to prevent ototoxicity, or permanent hearing loss, in AYA and adult cancer patients receiving cisplatin-based treatment. We look forward to continued dialogue with regulatory authorities regarding the potential pathways for PEDMARK® label expansion as our growing body of evidence-based data matures.”

University of Arizona Study Details:

University of Arizona Cancer Center: Tucson, Arizona

Principal Investigator: Lisa Davis / Alejandro Recio-Boiles


Title:

Phase I/II Open-Label Trial of Intravenous Sodium Thiosulfate (PEDMARK®) as Otoprotectant in Adults Receiving Cisplatin Chemotherapy

Overview:

Phase I/II study to determine the efficacy of intravenous sodium thiosulfate to reduce hearing impairment caused by cisplatin as determined from prior hazard ratio (HR) risk reduction compared to historical control data and determine the systemic elimination of unbound cisplatin up to 6 hours after infusion.

About Cisplatin-Induced Ototoxicity

Cisplatin and other platinum-based chemotherapies are widely used to treat solid tumors and have been vital in improving survival rates.  Unfortunately, these life-saving treatments often result in permanent, irreversible hearing loss, also known as ototoxicity.i

Hearing loss from cisplatin treatment is not rare. Studies show that between 60-90% of patients treated with cisplatin may develop hearing loss, depending upon the dose and duration of chemotherapyii. Many of those treated with cisplatin will require lifelong hearing aids or cochlear implants, which can be helpful for some, but do not reverse the hearing loss and can be costly over time.iii Treatment-induced hearing loss can reduce quality of survivorship as it impacts many aspects of life, such as speech and language skills, academic performance, social-emotional development,  career potential  and the ability to live independently.iv,v While audiologic monitoring is recommended to help manage ototoxicity, it is currently underutilized in certain cancer patient populations.

PEDMARK® (sodium thiosulfate injection)

PEDMARK® is the first and only U.S. Food and Drug Administration (FDA) approved therapy indicated to reduce the risk of ototoxicity associated with cisplatin treatment in pediatric patients 1 month of age and older with localized, non-metastatic, solid tumors. It is a unique formulation of sodium thiosulfate in single-dose, ready-to-use vials for intravenous use in pediatric patients. PEDMARK is also the first and only therapeutic agent with proven efficacy and safety data with an established dosing regimen, across two open-label, randomized Phase 3 clinical studies, the Children’s Oncology Group (COG) Protocol ACCL0431 and SIOPEL 6.  

Additionally, PEDMARK is recommended for the adolescent and young adult (AYA) population by the National Comprehensive Cancer Network, or NCCN, with a 2A endorsement.

Approximately 500,000 patients in the U.S. are diagnosed annually with cancers that could be treated with a platinum-based chemotherapy.vi,vii The incidence of ototoxicity depends upon the dose and duration of chemotherapy, and many of those treated will require lifelong hearing aids. Until the FDA approval of PEDMARK, there were no preventative agents for this hearing loss. Patients with hearing loss resulting from cancer treatment have a statistically significant worse quality of life compared with peers who have no hearing loss.viiiix

PEDMARK has been studied by co-operative groups in two Phase 3 clinical studies of survival and reduction of ototoxicity, COG ACCL0431 and SIOPEL 6. Both studies have been completed. The COG ACCL0431 protocol enrolled childhood cancers typically treated with intensive cisplatin therapy for localized and disseminated disease, including newly diagnosed hepatoblastoma, germ cell tumor, osteosarcoma, neuroblastoma, medulloblastoma, and other solid tumors. SIOPEL 6 enrolled only hepatoblastoma patients with localized tumors.

Indications and Usage

PEDMARK® (sodium thiosulfate injection) is indicated to reduce the risk of ototoxicity associated with cisplatin in pediatric patients 1 month of age and older with localized, non-metastatic solid tumors.

Limitations of Use

The safety and efficacy of PEDMARK have not been established when administered following cisplatin infusions longer than 6 hours. PEDMARK may not reduce the risk of ototoxicity when administered following longer cisplatin infusions, because irreversible ototoxicity may have already occurred.


Important Safety Information  

PEDMARK is contraindicated in patients with history of a severe hypersensitivity to sodium thiosulfate or any of its components.

Hypersensitivity reactions occurred in 8% to 13% of patients in clinical trials. Monitor patients for hypersensitivity reactions. Immediately discontinue PEDMARK and institute appropriate care if a hypersensitivity reaction occurs. Administer antihistamines or glucocorticoids (if appropriate) before each subsequent administration of PEDMARK. PEDMARK may contain sodium sulfite; patients with sulfite sensitivity may have hypersensitivity reactions, including anaphylactic symptoms and life-threatening or severe asthma episodes. Sulfite sensitivity is seen more frequently in people with asthma.

PEDMARK is not indicated for use in pediatric patients less than 1 month of age due to the increased risk of hypernatremia or in pediatric patients with metastatic cancers.

Hypernatremia occurred in 12% to 26% of patients in clinical trials, including a single Grade 3 case. Hypokalemia occurred in 15% to 27% of patients in clinical trials, with Grade 3 or 4 occurring in 9% to 27% of patients. Monitor serum sodium and potassium levels at baseline and as clinically indicated. Withhold PEDMARK in patients with baseline serum sodium greater than 145 mmol/L.

Monitor for signs and symptoms of hypernatremia and hypokalemia more closely if the glomerular filtration rate (GFR) falls below 60 mL/min/1.73m2.

Administer antiemetics prior to each PEDMARK administration. Provide additional antiemetics and supportive care as appropriate.

The most common adverse reactions (≥25% with difference between arms of >5% compared to cisplatin alone) in SIOPEL 6 were vomiting, nausea, decreased hemoglobin, and hypernatremia. The most common adverse reaction (≥25% with difference between arms of >5% compared to cisplatin alone) in COG ACCL0431 was hypokalemia.

Please see full Prescribing Information for PEDMARK® at: www.PEDMARK.com.

About Fennec Pharmaceuticals

Fennec Pharmaceuticals Inc. is a specialty pharmaceutical company committed to the fight against ototoxicity in cancer patients who receive cisplatin-based chemotherapy. Fennec is focused on the commercialization of PEDMARK® to reduce the risk of platinum-induced ototoxicity in cancer patients. PEDMARK received FDA approval in September 2022 and European Commission approval in June 2023 and United Kingdom (U.K.) approval in October 2023 under the brand name PEDMARQSIÒ.

In March 2024, Fennec entered into an exclusive licensing agreement under which Norgine Pharmaceuticals Ltd., a leading European specialist pharmaceutical company, with rights to commercialize PEDMARQSI® in Europe, U.K., Australia and New Zealand. PEDMARQSI is now commercially available in the U.K. and Germany.

PEDMARK has received Orphan Drug Exclusivity in the U.S. and PEDMARQSI has received Pediatric Use Marketing Authorization in Europe which includes eight years plus two years of data and market protection.

For more information, please visit www.fennecpharma.com and follow on LinkedIn.

Forward Looking Statements
Except for historical information described in this press release, all other statements are forward-looking. Words such as “believe,” “anticipate,” “plan,” “expect,” “estimate,” “intend,” “may,” “will,” or the negative of those terms, and similar expressions, are intended to identify forward-looking statements. These


forward-looking statements include statements about our business strategy, timeline and other goals, plans and prospects, including our commercialization plans respecting PEDMARK®/PEDMARQSI®, the market opportunity for and market impact of PEDMARK®/ PEDMARQSI®its potential impact on patients and anticipated benefits associated with its use, future commercial and regulatory milestone and royalty payments from Norgine, and potential access to further funding after the date of this release. Forward-looking statements are subject to certain risks and uncertainties inherent in the Company’s business that could cause actual results to vary, including the risks and uncertainties that regulatory and guideline developments may change, scientific data and/or manufacturing capabilities may not be sufficient to meet regulatory standards or receipt of required regulatory clearances or approvals, clinical results may not be replicated in actual patient settings, unforeseen global instability, including political instability, or instability from an outbreak of pandemic or contagious disease, such as the novel coronavirus (COVID-19), or surrounding the duration and severity of an outbreak, protection offered by the Company’s patents and patent applications may be challenged, invalidated or circumvented by its competitors, the available market for the Company’s products will not be as large as expected, the Company’s products will not be able to penetrate one or more targeted markets, revenues will not be sufficient to fund further development and clinical studies, our ability to obtain necessary capital when needed on acceptable terms or at all, the Company may not meet its future capital requirements in different countries and municipalities, and other risks detailed from time to time in the Company’s filings with the Securities and Exchange Commission including its Annual Report on Form 10-K for the year ended December 31, 2025. Fennec disclaims any obligation to update these forward-looking statements except as required by law.

For a more detailed discussion of related risk factors, please refer to our public filings available at www.sec.gov and www.sedar.com.

PEDMARK® PEDMARQSI® and Fennec® are registered trademarks of Fennec Pharmaceuticals Inc.

®2026 Fennec Pharmaceuticals Inc. All rights reserved.

For further information, please contact:

Investors:
Robert Andrade
Chief Financial Officer
Fennec Pharmaceuticals Inc.
+1 919-246-5299

Corporate and Media:
Lindsay Rocco

Elixir Health Public Relations
+1 862-596-1304
lrocco@elixirhealthpr.com

i Rybak L. Mechanisms of Cisplatin Ototoxicity and Progress in Otoprotection. Current Opinion in Otolaryngology & Head and Neck Surgery. 2007, Vol. 15: 364-369.

ii Langer T, am Zehnhoff-Dinnesen A, Radtke S, Meitert J, Zolk O. Trends Pharmacol Sci. 2013;34(8):458-469

iii Landier W. Ototoxicity and Cancer Therapy. Cancer. June 2016 Vol. 122, No.11: 1647-1658.

iv Clemens E, van den Heuvel-Eibrink MM, Mulder RL, et al. Recommendations for ototoxicity surveillance for childhood, adolescent, and young adult cancer survivors: a report from the International Late Effects of Childhood Cancer Guideline Harmonization Group in collaboration with the PanCare Consortium. Lancet Oncol. 2019;20(1):e29-e41

v . Bass JK, Knight KR, Yock TI, Chang KW, Cipkala D, Grewal SS. Evaluation and management of hearing loss in survivors of childhood and adolescent cancers: a report from the children’s oncology group. Pediatr Blood Cancer. 2016;63(7):1152-1162.

vi Chattaraj A et al. Cisplatin-Induced Ototoxicity: A Concise Review of the Burden, Prevention, and Interception Strategies. JCO Oncol Pract. 2023;19

vii Freyer DR et al. Effects of sodium thiosulfate versus observation on development of cisplatin-induced hearing loss in children with cancer (ACCL0431): a multicentre, randomised, controlled, open-label, phase 3 trial. Lancet Oncol. 2017;18(1):63-74.

viii Rajput K, Edwards L, Brock P, Abiodun A, Simpkin P, Al-Malky G. Ototoxicity-induced hearing loss and quality of life in survivors of paediatric cancer. Int J Pediatr Otorhinolaryngol. 2020;138:110401. doi:10.1016/j.ijporl.2020.110401

ix Bass JK, Knight KR, Yock TI, Chang KW, Cipkala D, Grewal SS. Evaluation and management of hearing loss in survivors of childhood and adolescent cancers: a report from the children’s oncology group. Pediatr Blood Cancer. 2016;63(7):1152-1162.


FAQ

What did Fennec Pharmaceuticals (FENC) announce regarding PEDMARK?

Fennec announced that the University of Arizona Cancer Center has started an investigator-sponsored study of PEDMARK in adolescent, young adult, and adult patients with head and neck and testicular cancers receiving cisplatin, aiming to generate additional real-world evidence on preventing chemotherapy-related hearing loss.

What is PEDMARK and who is it currently approved to treat?

PEDMARK is a sodium thiosulfate injection approved to reduce cisplatin-induced ototoxicity in pediatric patients one month and older with localized, non-metastatic solid tumors. It is supplied in single-dose, ready-to-use vials for intravenous use and is supported by two Phase 3 clinical studies.

How common is cisplatin-induced hearing loss mentioned by Fennec (FENC)?

Fennec cites studies showing that between 60–90% of patients treated with cisplatin may develop permanent hearing loss, depending on dose and treatment duration. Many affected patients require lifelong hearing aids or cochlear implants, and hearing loss can significantly reduce quality of survivorship.

Does PEDMARK have any guideline endorsements for adolescent and young adult patients?

Yes. PEDMARK is recognized by the National Comprehensive Cancer Network with a 2A recommendation for use in adolescent and young adult patients. This endorsement reflects available evidence supporting its role in reducing cisplatin-associated ototoxicity in this broader age group beyond young children.

What key safety considerations for PEDMARK does Fennec highlight?

Fennec notes contraindication in patients with severe hypersensitivity to sodium thiosulfate, and reports hypersensitivity, hypernatremia, and hypokalemia in clinical trials. They recommend monitoring electrolytes, considering antiemetics, and withholding PEDMARK in certain cases such as high baseline sodium or very young pediatric patients.

In which regions are PEDMARK or PEDMARQSI currently approved according to Fennec?

The company states PEDMARK received U.S. FDA approval in September 2022, while PEDMARQSI, its European brand, received European Commission approval in June 2023 and U.K. approval in October 2023. PEDMARQSI is commercially available in the U.K. and Germany under a licensing agreement with Norgine.

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