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Oncotelic (OTLC) partners with TechForce to commercialize PDAOAI-enabled GMP robotics

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(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Oncotelic Therapeutics entered a Joint Development, Manufacturing, and Licensing Agreement with TechForce Robotics on March 31, 2026 to co-develop AI-enabled, GMP-compliant robotic systems for pharmaceutical manufacturing. The product integrates TechForce’s robotic hardware with Oncotelic’s proprietary PDAOAI platform.

All AI-related foreground intellectual property and data generated by the product will be owned exclusively by Oncotelic, while TechForce owns its standalone hardware innovations and jointly developed IP is jointly owned. Commercial revenue terms, including revenue sharing and royalties, will be set later in a separate Commercialization and Licensing Agreement, and neither party may begin revenue-generating activities without mutual written consent.

The agreement uses project-based funding with milestone payments, allows either party to terminate for convenience on 60 days’ notice, and restricts TechForce for 12 months after termination from licensing the jointly developed IP for pharma manufacturing without Oncotelic’s approval. Oncotelic issued a press release on April 2, 2026 announcing the strategic partnership.

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Insights

Strategic but early-stage AI–robotics partnership; economic impact depends on future commercialization terms.

Oncotelic Therapeutics is formalizing its move into AI-enabled GMP robotics through a joint development and licensing agreement with TechForce Robotics. The structure keeps AI-related foreground intellectual property and all product-generated data exclusively with Oncotelic, which can strengthen its long-term platform value.

Economic details such as revenue sharing, royalty rates, and profit splits are deferred to a future Commercialization and Licensing Agreement, so financial impact is not yet defined. The current agreement focuses on development governance, milestone-based funding, and IP boundaries rather than immediate revenue.

Protective clauses—like 60-day termination rights and a 12-month post-termination restriction on TechForce licensing the jointly developed IP into pharma manufacturing—help safeguard Oncotelic’s positioning in this niche. Subsequent filings describing finalized commercialization terms will be important to understand scale and profitability of this initiative.

Item 1.01 Entry into a Material Definitive Agreement Business
The company signed a significant contract such as a merger agreement, credit facility, or major partnership.
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.
Agreement date March 31, 2026 Date Oncotelic and TechForce entered joint development, manufacturing, and licensing agreement
Termination notice period 60 days Either party may terminate the agreement for convenience with written notice
Post-termination restriction 12 months Period TechForce is restricted from licensing jointly developed IP into pharma manufacturing without approval
GMP Bio ownership 45% Oncotelic’s ownership stake in GMP Bio joint venture
Patent applications filed by CEO Over 500 Portfolio of inventions associated with Oncotelic’s CEO Vuong Trieu
Issued U.S. patents held by CEO 75 Number of issued U.S. patents held by Oncotelic’s CEO
GMP-compliant technical
"AI-enabled, GMP-compliant robotic systems for use in pharmaceutical and related manufacturing environments"
Good Manufacturing Practice (GMP) compliant means a maker follows established, inspectable rules for producing medicines, medical devices, or other regulated products so each batch is safe, consistent and of expected quality. For investors, GMP compliance lowers the chance of regulatory shutdowns, recalls or delays and increases the likelihood products can be sold; think of it as a verified recipe and checklist that keeps a factory from making faulty batches.
PDAOAI Platform technical
"The integrated product to be developed combines TechForce’s robotic hardware with the Company’s proprietary PDAOAI Platform"
foreground intellectual property financial
"All AI-related foreground intellectual property developed under the Agreement, including improvements to the PDAOAI Platform, is and shall be owned exclusively by the Company"
milestone payments financial
"joint development funding and cost sharing based on individual statements of work agreed between the parties, with milestone payments based on acceptance criteria"
Milestone payments are predetermined sums a company agrees to pay or receive when specific development, regulatory, or commercial goals are reached in a partnership or license deal. Think of them like progress bonuses: they turn uncertain future outcomes into conditional cash events, so investors track them as potential sources of revenue, value inflection points, and risk—payments only arrive if the agreed milestones are actually achieved.
revenue sharing financial
"Revenue sharing, royalty rates, and profit-sharing terms applicable to commercial sales or deployments of the Product will be negotiated"
forward-looking statements regulatory
"This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
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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)

March 31, 2026

 

ONCOTELIC THERAPEUTICS, INC.

(Exact name of registrant as specified in its charter)

 

Delaware   000-21990   13-3679168

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

29397 Agoura Road, Suite 107

Agoura Hills, CA 91301

(Address of principal executive offices and Zip Code)

 

Registrant’s telephone number, including area code

(650) 635-7000

 

Not applicable.

(Former name or former address, if changed since last report.)

 

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 (see General Instruction A.2. below):

 

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(b) of the Act:

 

Title of class   Trading Symbols   Name of each exchange on which registered
N/A   OTLC    

 

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 1.01 Entry Into Material Definitive Agreement.

 

On March 31, 2026, Oncotelic Therapeutics, Inc. (the “Company”) entered into a Joint Development, Manufacturing, and Licensing Agreement (the “Agreement”) with TechForce Robotics, Inc. (“TechForce”), a Nevada corporation. The Agreement establishes a framework for the joint development, and manufacturing of AI-enabled, GMP-compliant robotic systems for use in pharmaceutical and related manufacturing environments. The integrated product to be developed (the “Product”) combines TechForce’s robotic hardware with the Company’s proprietary PDAOAI Platform.

 

The Agreement includes a non-exclusive license of certain Company intellectual property, including the PDAOAI platform. All AI-related foreground intellectual property developed under the Agreement, including improvements to the PDAOAI Platform, is and shall be owned exclusively by the Company. Robotic hardware developments created solely by TechForce are owned exclusively by TechForce. Intellectual property jointly developed by both parties is and shall be jointly owned. All data generated through the operation, deployment, and testing of the Product is and shall be owned exclusively by the Company. Any commercial licenses associated with the Product shall be defined in the Commercial and Licensing License to be executed prior to the first commercial sale.

 

The Agreement contemplates joint development funding and cost sharing based on individual statements of work agreed between the parties, with milestone payments based on acceptance criteria. Revenue sharing, royalty rates, and profit-sharing terms applicable to commercial sales or deployments of the Product will be negotiated and set forth in the Commercialization and Licensing Agreement. Pending that agreement, no revenue-generating activities related to the Product may be initiated by either party without the prior written consent of the other.

 

Either party may terminate the Agreement for convenience upon sixty (60) days’ written notice. For twelve (12) months following expiration or termination, TechForce may not license or otherwise provide third parties with access to the jointly developed intellectual property for use in the pharmaceutical or biopharmaceutical manufacturing industry, without prior written approval from the Company.

 

The foregoing description of the Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Agreement, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.

 

Item 8.01Other Events.

 

On April 2, 2026, the Company issued a press release (“Press Release”) announcing that the Company and TechForce had entered into the Agreement. A copy of the Press Release is included as Exhibit 10.2 to this Current Report on Form 8-K.

 

Item 9.01Financial Statements and Exhibits.

 

(d) Exhibits.

 

Exhibit No.   Description   Filed on
         
10.1   Joint Development, Manufacturing and Licensing Agreement    
         
99.1   Press Release    
         
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)    

 

-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 hereunto duly authorized.

 

  Oncotelic Therapeutics, Inc.
     
Date: April 2, 2026 By: /s/ Vuong Trieu
    Vuong Trieu
    Chief Executive Officer

 

-3-

 

 

 

Exhibit 99.1

 

 

Oncotelic Therapeutics Announces Strategic Partnership with TechForce Robotics to Commercialize PDAOAI-Enhanced GMP Robotics Platform

 

Los Angeles, CA – April 2, 2026 – Oncotelic Therapeutics, Inc. (“Oncotelic” or the “Company”), a clinical-stage biotechnology company focused on oncology and AI-driven solutions, today announced that it has entered into a strategic partnership with TechForce Robotics, Inc. (“TechForce”) to advance the commercialization of its PDAOAI-enabled, GMP-compliant robotics platform.

 

This milestone reflects the culmination of several years of research and development efforts, resulting in an integrated platform designed to combine Oncotelic’s proprietary PDAOAI capabilities with TechForce’s robotics hardware and manufacturing expertise.

 

The system under development is designed to operate within GMP-regulated environments and is intended to enable automated material handling, real-time monitoring, and PDAOAI-enhanced compliance workflows across pharmaceutical manufacturing and related applications.

 

Key Highlights of the Commercialization:

 

Integrated AI + Robotics Platform: Combines Oncotelic’s PDAOAI capabilities with TechForce’s scalable robotics systems to automate critical operational workflows.
   
GMP-Compliant Design: Designed to support regulatory requirements, including data capture, audit readiness, and validation frameworks (IQ/OQ/PQ).
   
Operational Efficiency & Compliance: Intended to reduce human intervention, minimizes contamination risk, and enhances process consistency through real-time monitoring and intelligent automation.
   
Scalable Manufacturing Capability: Designed to leverage TechForce’s hardware expertise and manufacturing network to support commercial deployment and future growth.

 

“This commercialization represents a significant step forward in bridging PDAOAI and automation within regulated pharmaceutical environments,” said Dr. Vuong Trieu, Chairman and Chief Executive Officer of Oncotelic. “After years of development, we are now positioned to advance transformative solution toward commercialization that can enhance compliance, reduce operational risk, and improve efficiency across the industry.”

 

Ried Floco, President of TechForce Robotics, added, “Our collaboration with Oncotelic demonstrates the power of combining advanced AI with purpose-built robotics systems. With our manufacturing and deployment capabilities, we are now working toward scaling this solution for real-world applications.”

 

 

  

 

 

The platform supports automated material handling, integrated vision and monitoring systems, PDAOAI-Enhanced deviation detection, and generation of time-stamped documentation aligned with GMP requirements. The system is designed to continuously improve through data-driven insights and operational feedback loops.

 

This announcement follows the execution of a joint development, manufacturing, and licensing agreement between the parties, establishing a framework for ongoing collaboration, production scaling, and commercialization of PDAOAI-Enhanced robotic systems.

 

Market Opportunity

 

As regulatory scrutiny intensifies and pharmaceutical manufacturers seek to reduce reliance on manual processes, PDAOAI-Enhanced automation is emerging as a critical layer for real-time compliance. Oncotelic believes this platform is well-positioned to address growing demand for intelligent, scalable, and compliant solutions across pharmaceutical manufacturing and other regulated industries.

 

About Oncotelic Therapeutics

 

Oncotelic Therapeutics, Inc. is a clinical-stage biopharmaceutical company focused on the development of oncology and immunotherapy products. The Company’s mission is to address high-unmet-need cancers and rare pediatric indications with innovative, late-stage therapeutic candidates.

 

In addition to its directly owned and developed drug pipeline, Oncotelic benefits from the robust portfolio of inventions created by its CEO, Dr. Vuong Trieu, who has filed over 500 patent applications and holds 75 issued U.S. patents. Beyond its internal programs, the Company also licenses and co-develops select drug candidates through joint ventures. Currently, Oncotelic owns 45% of GMP Bio, a joint venture under Dr. Trieu’s leadership and guidance, which is advancing its own pipeline of drug candidates that further complement and strengthen Oncotelic’s strategic position in oncology and rare disease therapeutics.

 

For more information, please visit: www.oncotelic.com

 

Oncotelic Cautionary Note on Forward-Looking Statements

 

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements in this release other than statements of historical fact are forward-looking and are based on current expectations, estimates, and projections about our business and future plans. In some cases, you can identify forward-looking statements by terms such as “may,” “will,” “could,” “would,” “should,” “expect,” “plan,” “anticipate,” “intend,” “believe,” “estimate,” “project,” “forecast,” “potential,” “continue,” and similar expressions (including the negative of such terms).

 

 

  

 

 

Forward-looking statements in this release include, without limitation: our plans, timelines, and priorities for the OT-101 program in PDAC and other indications; potential biomarker-driven development strategies; the advancement, scope, timing, and results of current or future preclinical and clinical studies; regulatory interactions and potential approvals; development or commercialization of any product candidates within the Oncotelic/GMP Bio/Sapu ecosystem; the utility of our PDAOAI platform; future financings, strategic transactions, and/or public offerings involving our joint ventures or affiliates; and other statements that are not historical facts. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including, but not limited to: the competitive market of AI-enabled robotics; the inherent uncertainties of drug discovery and development; our ability to enroll patients and complete studies on expected timelines; whether preclinical or early clinical findings (including biomarker associations) will be replicated in larger, controlled trials; regulatory developments in the United States and other jurisdictions; competitive developments; our ability to obtain or maintain intellectual property protection; our liquidity and access to capital; the performance of collaborators, suppliers, and manufacturers; and other risks described in our filings with the Securities and Exchange Commission (SEC), including the “Risk Factors” section of our most recent Form 10-K and subsequent periodic reports.

 

Forward-looking statements speak only as of the date of this press release, and we undertake no obligation to update or revise such statements, whether as a result of new information, future events, or otherwise, except as required by law.

 

Investor & Media Contact

Oncotelic Therapeutics, Inc.

Investor Relations

ir@oncotelic.com

 

Corporate Communications

IBN

Austin, Texas

www.InvestorBrandNetwork.com

512.354.7000 Office

Editor@InvestorBrandNetwork.com

 

 

 

FAQ

What did Oncotelic Therapeutics (OTLC) announce with TechForce Robotics?

Oncotelic announced a joint development, manufacturing, and licensing agreement with TechForce Robotics to build an AI-enabled, GMP-compliant robotics platform. The system combines Oncotelic’s PDAOAI platform with TechForce’s robotic hardware for use in pharmaceutical and related manufacturing environments.

How is intellectual property allocated in the Oncotelic–TechForce agreement?

AI-related foreground intellectual property, including improvements to the PDAOAI platform, will be owned exclusively by Oncotelic. Robotic hardware developed solely by TechForce belongs to TechForce, while jointly developed intellectual property is jointly owned by both companies under the agreement.

When can Oncotelic (OTLC) and TechForce start generating revenue from the robotics platform?

No revenue-generating activities related to the product can begin until a separate Commercialization and Licensing Agreement is executed. That agreement will define revenue sharing, royalty rates, and profit-sharing terms governing commercial sales or deployments of the AI-enabled robotic system.

Can the Oncotelic–TechForce development agreement be terminated early?

Yes. Either Oncotelic or TechForce may terminate the agreement for convenience by providing sixty days’ written notice. After expiration or termination, TechForce faces a 12-month restriction on licensing the jointly developed intellectual property into pharmaceutical manufacturing without Oncotelic’s prior written approval.

Who owns the data generated by the PDAOAI-enhanced robotics platform?

All data generated through operation, deployment, and testing of the product is owned exclusively by Oncotelic. This includes data supporting automated material handling, real-time monitoring, and PDAOAI-enhanced compliance workflows within GMP-regulated pharmaceutical and related manufacturing environments.

How does this partnership align with Oncotelic Therapeutics’ broader strategy?

Oncotelic is a clinical-stage biopharmaceutical company focused on oncology and AI-driven solutions. The partnership extends its PDAOAI platform into GMP-compliant robotics, complementing its oncology pipeline and leveraging its broader ecosystem, including its 45% stake in GMP Bio and extensive patent portfolio.

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Oncotelic Therapeutics Inc

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Biotechnology
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United States
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