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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.
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 9.01 | Financial
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) |
|
|
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 |
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