NeOnc signs UAE trial services deal with IROS
NeOnc Technologies Holdings, Inc. has entered into a Master Services Agreement with Insights Pharmaceutical Research LLC (IROS), a UAE-based contract research organization affiliated with Group 42 Holding Ltd. and Mubadala Investment Company PJSC.
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NeOnc Technologies Holdings, Inc. has entered into a Master Services Agreement with Insights Pharmaceutical Research LLC (IROS), a UAE-based contract research organization affiliated with Group 42 Holding Ltd. and Mubadala Investment Company PJSC. Under this agreement, IROS will run clinical trials in the UAE for NeOnc, handling regulatory submissions, site selection and management, monitoring, data management and trial reporting in line with Good Clinical Practice and UAE/FDA rules.
The first work order covers a multi-site, randomized Phase 2b/3 study of intranasal NEO100 in patients with progressive or recurrent Grade III astrocytomas and glioblastoma multiforme, with an estimated budget of about $2.4 million in service fees and $0.1 million in pass-through costs, paid in four milestone-based installments. NeOnc keeps all rights to the clinical data, intellectual property and regulatory filings, and plans to transfer the MSA to its controlled UAE subsidiary, NuroCure, once that entity is incorporated.
8-K Event Classification
FAQ
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What did NeOnc Technologies (NTHI) announce in this 8-K?
Who is IROS and what will it do for NeOnc Technologies (NTHI)?
What is the first clinical study covered under the NeOnc–IROS agreement?
How much is NeOnc Technologies budgeting for the initial IROS work order?
Who owns the data and intellectual property from the NeOnc–IROS clinical studies?
How will the UAE subsidiary NuroCure be involved in NeOnc’s Middle East expansion?
What legal terms govern the NeOnc–IROS Master Services Agreement?
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