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Nasus Pharma gains FDA IND clearance for NS002

FDA clears Nasus Pharma’s NS002 intranasal epinephrine IND, enabling a pivotal study planned for late 2026 with topline data expected in early 2027.

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Nasus Pharma Ltd. (NSRX) reports that the U.S. FDA has cleared its Investigational New Drug application for NS002, an intranasal epinephrine powder being developed for treatment of anaphylaxis. This clearance allows initiation of a new clinical study under the IND.

The company plans to begin a pivotal NS002 study in the fourth quarter of 2026 and anticipates a topline data readout in the first quarter of 2027. Nasus cites prior Phase 2 results in which NS002 achieved a 100 pg/mL plasma epinephrine threshold with a median time of 1.69 minutes, compared with 3.47 minutes for EpiPen, as it advances development in what it describes as a growing $2 billion anaphylaxis treatment market.

Positive

  • FDA clearance of NS002 IND enables Nasus Pharma to advance its intranasal epinephrine candidate into further clinical development, including a planned pivotal study.
  • Prior Phase 2 data cited by the company show NS002 reaching the 100 pg/mL epinephrine threshold with a median T100 of 1.69 minutes vs. 3.47 minutes for EpiPen, supporting continued development.
  • NS002 targets what Nasus describes as a growing $2 billion anaphylaxis treatment market, indicating a potentially large commercial opportunity if development is successful.

Negative

  • None.

Filing Explained

NS002 can advance into clinical testing, but the filing does not establish marketing approval or a completed pivotal study.

As a Form 6-K, this report furnishes interim information: the FDA clearance described is permission to proceed with an investigational NS002 study, not a disclosed marketing approval. The pivotal study remains planned, so the filing advances clinical development without establishing that NS002 can be commercialized.

The report also states that, apart from the second paragraph of the press release, it is incorporated by reference into the company’s existing Form F-3 and Form S-8 registration statements. That changes which filings contain this information, but does not itself disclose an offering, issuance, or proceeds.

The company identifies specific remaining contingencies: the FDA may require additional information or studies, the pivotal study may not begin or finish on the expected timeline, and its results may not support further development or approval. These matters are expected to be tested by the planned pivotal study and its anticipated topline readout.

Plasma epinephrine threshold 100 pg/mL Threshold achieved by NS002 in a prior Phase 2 study cited by the company
Median T100 for NS002 1.69 minutes Time to reach 100 pg/mL plasma epinephrine in Phase 2 study
Median T100 for EpiPen 3.47 minutes Comparator time to reach 100 pg/mL plasma epinephrine in Phase 2 study
Anaphylaxis treatment market size $2 billion Market size described by Nasus Pharma’s CEO for anaphylaxis treatment
Investigational New Drug regulatory
"the U.S. Food and Drug Administration has cleared the Company’s Investigational New Drug"
An investigational new drug is a medication that is still being tested in clinical trials to determine if it is safe and effective for treating a specific condition. For investors, it represents a potential breakthrough that could lead to a new treatment and significant financial gains if successful, but also carries risks since it has not yet been approved for widespread use.
anaphylaxis medical
"NS002, its investigational intranasal epinephrine powder for the treatment of anaphylaxis"
Anaphylaxis is a sudden, severe allergic reaction in which the body's defense system overreacts to a trigger (like a drug, food, or insect sting), causing widespread symptoms such as difficulty breathing, low blood pressure, and shock; it can be life‑threatening without prompt treatment. Investors care because anaphylaxis risks can affect a drug or product's safety profile, regulatory approval, liability exposure and market acceptance—similar to a sprinkler system going off and damaging the whole house rather than just one room.
intranasal epinephrine medical
"its investigational intranasal epinephrine powder for the treatment of anaphylaxis"
topline data readout financial
"anticipates topline data readout from the study in the first quarter of 2027"
A topline data readout is the initial summary of a clinical trial’s most important results, showing whether the study met its main goals. Like a headline score after a sports game, it gives investors a quick sense of success or failure that can shift a company’s outlook, affect future funding, and move the stock while more detailed analyses and regulatory reviews follow.
Type I allergic reactions medical
"an intranasal epinephrine treatment for Type I allergic reactions, including anaphylaxis"
Type I allergic reactions are immediate, often rapid immune overreactions in which the body’s defense system mistakes a harmless substance (like a drug, food, or insect sting) for a threat and releases chemicals that cause symptoms from hives and swelling to life‑threatening anaphylaxis. Like a smoke alarm that blares at burnt toast, these reactions can halt clinical trials, trigger safety warnings or product recalls, and influence regulatory decisions, liability exposure, and demand for treatments—making them important to investors evaluating health‑care and consumer product risks.

FAQ

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

What did the FDA approve for Nasus Pharma (NSRX) in this 6-K?

The FDA cleared Nasus Pharma’s Investigational New Drug (IND) application for NS002, its intranasal epinephrine powder for anaphylaxis. This clearance allows the company to initiate a new clinical study of NS002 under the IND framework in the United States.

When will Nasus Pharma (NSRX) start the pivotal NS002 study and when is data expected?

Nasus Pharma plans to initiate the pivotal NS002 study in the fourth quarter of 2026 and anticipates topline data from this study in the first quarter of 2027, subject to the usual clinical and regulatory risks noted by the company.

What Phase 2 results for NS002 does Nasus Pharma (NSRX) highlight?

The company reports that in a recent Phase 2 study, NS002 achieved the 100 pg/mL plasma epinephrine threshold with a median T100 of 1.69 minutes, compared with 3.47 minutes for EpiPen, supporting further development of NS002 as an intranasal treatment.

What market opportunity does Nasus Pharma (NSRX) see for NS002?

Nasus Pharma’s CEO describes NS002 as targeting a growing $2 billion market for anaphylaxis treatment. The company positions NS002 as a potential needle-free intranasal alternative in a market it notes is currently dominated by injectable autoinjectors.

What is NS002 in Nasus Pharma’s (NSRX) pipeline?

NS002 is Nasus Pharma’s lead product candidate, an intranasal epinephrine powder being developed for Type I allergic reactions, including anaphylaxis. It uses the company’s proprietary intranasal powder technology platform for rapid, patient-friendly drug delivery.

What risks around NS002’s development does Nasus Pharma (NSRX) mention?

Nasus Pharma notes that the FDA may require additional information or studies, the pivotal trial may not start or finish as expected, and the study results may not support further development or approval of NS002, among other risks described in its SEC filings.

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

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Learn about SEC filing dates

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of September 2026 (Report No. 2)

 

Commission File Number: 001-42796

 

Nasus Pharma Ltd.

 

P.O. Box 284

Tel Aviv, Israel 6100201

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F ☒ Form 40-F ☐

 

 

 

 
 

 

CONTENTS

 

On September 14, 2026, Nasus Pharma Ltd. (the “Company”) issued a press release titled “Nasus Pharma Announces FDA Clearance to Initiate Clinical Study of NS002 in the Treatment of Anaphylaxis,” a copy of which is furnished as Exhibit 99.1 to this Report of Foreign Private Issuer on Form 6-K.

 

Incorporation by Reference

 

This Report of Foreign Private Issuer on Form 6-K (excluding the second paragraph of the press release included as Exhibit 99.1 hereto) is incorporated by reference into the Company’s Registration Statements on Form F-3 (File No. 333-298693) and Form S-8 (File No. 333-296252) filed with the Securities and Exchange Commission to be a part thereof from the date on which this Report of Foreign Private Issuer on Form 6-K is submitted, to the extent not superseded by documents or reports subsequently filed or furnished.

 

EXHIBIT INDEX

 

Exhibit No.   Description
99.1   Press Release dated September 14, 2026 titled “Nasus Pharma Announces FDA Clearance to Initiate Clinical Study of NS002 in the Treatment of Anaphylaxis”

 

2
 

 

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, thereunto duly authorized.

 

  NASUS PHARMA LTD.
     
Date: September 14, 2026 By: /s/ Brendan O’Grady
  Name: Brendan O’Grady
  Title: Chief Executive Officer

 

3

 

 

Exhibit 99.1

 

Nasus Pharma Announces FDA Clearance to Initiate Clinical Study of NS002 in the Treatment of Anaphylaxis

 

Clinical study to evaluate NS002, the Company’s investigational intranasal epinephrine powder, as a needle-free alternative to EpiPen® for patients experiencing anaphylaxis and will compare self-administration to administration by a health care professional

 

Pivotal Study is planned for the fourth quarter of 2026; topline data readout anticipated first quarter 2027

 

TEL AVIV, Israel, September 14, 2026 (GLOBE NEWSWIRE) - Nasus Pharma Ltd. (NYSE American: NSRX) (“Nasus Pharma” or the “Company”), a clinical-stage pharmaceutical company focused on the development of innovative intranasal products, today announced that the U.S. Food and Drug Administration (“FDA”) has cleared the Company’s Investigational New Drug (“IND”) application for NS002, its investigational intranasal epinephrine powder for the treatment of anaphylaxis. In addition to the current study approved in the IND, Nasus Pharma plans to initiate its pivotal study in the fourth quarter of 2026 and anticipates topline data readout from the study in the first quarter of 2027.

 

“FDA clearance of our IND for NS002 is a major development milestone for Nasus and represents a significant step toward the commercialization of this promising asset in a growing $2 billion market,” said Brendan O’Grady, Chief Executive Officer of Nasus Pharma. “Patients living with severe allergies today rely almost exclusively on needle-based autoinjectors. Based on the results from our recent Phase 2 study, which showed NS002 achieving the critical 100 pg/mL plasma epinephrine threshold with a median T100 of 1.69 minutes versus 3.47 minutes for EpiPen®, we believe NS002 presents an opportunity to address a significant unmet medical need for these patients. In a market currently dominated by injectables, NS002’s rapid onset and intranasal administration offer patients and caregivers a potentially superior alternative for treating severe allergic reactions. FDA clearance of our IND application brings us one step closer to offering that alternative to the millions of people at risk of anaphylaxis.”

 

About Nasus Pharma

 

Nasus Pharma Ltd. (NYSE American: NSRX) is a biopharmaceutical company advancing innovative intranasal therapies through its proprietary intranasal powder technology platform. The Company’s lead product candidate, NS002, is being developed as an intranasal epinephrine treatment for Type I allergic reactions, including anaphylaxis. In addition to NS002, Nasus Pharma is leveraging its proprietary technology platform to develop a growing pipeline of differentiated intranasal product candidates designed to provide rapid, reliable and patient-friendly drug delivery across multiple therapeutic areas.

 

Forward-Looking Statements

 

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other U.S. federal securities laws. 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, similar expressions or variations of such words are intended to identify forward-looking statements. For example, Nasus Pharma is using forward-looking statements in this press release when it discusses: the planned initiation of its pivotal clinical study for NS002 in the fourth quarter of 2026; the anticipation of topline data readout to be in the first quarter of 2027; the growing market for anaphylaxis treatment; and that FDA clearance of the Company’s IND application brings it one step closer to offering a needle-free alternative to millions of people at risk of anaphylaxis. Forward-looking statements are based on the Company’s current expectations and are subject to uncertainties, risks and assumptions that are difficult to predict, including the risk that the FDA may require additional information or studies before or after the pivotal study, that the pivotal study may not begin or conclude on the timeline the Company currently expects, and that results of the pivotal study may not support further development or approval of NS002. Historical results of scientific research and clinical and preclinical trials do not guarantee that the conclusions of future research or trials will suggest identical or even similar conclusions. These and other risks and uncertainties are described more fully in the section titled “Risk Factors” in the Company’s Annual Report on Form 20-F for the year ended December 31, 2025, filed with the U.S. Securities and Exchange Commission (“SEC”) on March 25, 2026, and other documents filed with or furnished to the SEC which are available on the SEC’s website, www.sec.gov. Forward-looking statements contained in this press release are made as of this date and the Company undertakes no duty to update such information except as required under applicable law.

 

Company Contact

 

Nasus Pharma Ltd.

info@nasuspharma.com

 

Investor Contact

 

Mike Moyer

LifeSci Advisors

+1-617-308-4306

mmoyer@lifesciadvisors.com

 

 

Filing Exhibits & Attachments

1 document

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