NeOnc Technologies announces His Highness Sheikh Nahyan's leadership role in NuroMENA, focusing on CNS cancer therapeutics.
Quiver AI Summary
NeOnc Technologies Holdings, Inc. has announced a significant development in its efforts to innovate in global healthcare, with His Highness Sheikh Nahyan bin Zayed Al Nahyan taking on the role of Executive Chairman of NuroMENA Holdings Ltd., NeOnc's subsidiary in the Middle East. Amir Heshmatpour, the current Executive Chairman of NeOnc, will become Vice Chairman of NuroMENA. This partnership aims to advance the development of groundbreaking treatments for brain cancer and other central nervous system cancers. Heshmatpour expressed gratitude for the Emirati support, emphasizing its potential to transform the company and provide hope to patients worldwide. The collaboration reflects the UAE's commitment to addressing serious health challenges and positions the nation as a leader in the fight against complex diseases. NeOnc is focused on therapies that overcome the blood-brain barrier, with its investigational drugs NEO100 and NEO212 currently undergoing Phase II clinical trials.
Potential Positives
- Appointment of His Highness Sheikh Nahyan bin Zayed Al Nahyan as Executive Chairman of NuroMENA Holdings Ltd. enhances the company's leadership and credibility.
- Establishment of NuroMENA Holdings Ltd. to oversee regional clinical operations and partnerships demonstrates commitment to expanding presence in the Middle East and North Africa.
- The strategic alliance is expected to attract resources and influence from one of the world's largest sovereign wealth funds, potentially accelerating innovation in CNS cancer therapies.
- NeOnc Technologies’ ongoing clinical trials for NEO100™ and NEO212™ under FDA Fast-Track designation highlight the company's commitment to addressing serious health challenges.
Potential Negatives
- The leadership change, transitioning Amir Heshmatpour from Executive Chairman to Vice Chairman, may raise concerns about the company's strategic direction and stability amidst this significant shift.
- The reliance on a high-profile figure like Sheikh Nahyan for support could suggest that the company needs external influence to gain credibility and overcome challenges in the biopharmaceutical industry.
- The emphasis on forward-looking statements may indicate uncertainty regarding the company's future performance and the success of its drug candidates, which could affect investor confidence.
FAQ
What is the role of His Highness Sheikh Nahyan bin Zayed Al Nahyan in NeOnc?
His Highness Sheikh Nahyan bin Zayed Al Nahyan will serve as Executive Chairman of NuroMENA Holdings Ltd., a subsidiary of NeOnc.
What are NeOnc Technologies Holdings’ main focus areas?
NeOnc is focused on developing therapies for central nervous system cancers, particularly brain cancer and other malignancies.
What is the significance of NuroMENA Holdings Ltd.?
NuroMENA Holdings aims to oversee regional clinical operations and partnerships in the Middle East and North Africa for NeOnc.
How does the collaboration with Sheikh Nahyan impact NeOnc?
The collaboration is expected to significantly change NeOnc's trajectory by leveraging resources to innovate brain cancer treatments.
What is the current status of NeOnc’s drug candidates?
NeOnc's therapeutics NEO100 and NEO212 are in Phase II clinical trials and have FDA Fast-Track status.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$NTHI Insider Trading Activity
$NTHI insiders have traded $NTHI stock on the open market 14 times in the past 6 months. Of those trades, 14 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $NTHI stock by insiders over the last 6 months:
- AMIR F HESHMATPOUR (President) has made 7 purchases buying 12,000 shares for an estimated $121,299 and 0 sales.
- THOMAS C CHEN (CEO) has made 3 purchases buying 5,868 shares for an estimated $42,802 and 0 sales.
- JIM DELSHAD purchased 5,000 shares for an estimated $36,110
- KEITHLY GARNETT (CFO) has made 3 purchases buying 900 shares for an estimated $6,527 and 0 sales.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$NTHI Hedge Fund Activity
We have seen 1 institutional investors add shares of $NTHI stock to their portfolio, and 0 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- SLT HOLDINGS LLC added 11,000 shares (+inf%) to their portfolio in Q3 2025, for an estimated $99,880
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
CALABASAS, Calif. and ABU DHABI, United Arab Emirates, Oct. 28, 2025 (GLOBE NEWSWIRE) -- NeOnc Technologies Holdings, Inc. (NTHI) (“NeOnc” or the “Company”) , a multi-Phase 2 clinical-stage biopharmaceutical company pioneering therapies for central nervous system (CNS) cancers , announces a landmark development for global healthcare innovation, His Highness Sheikh Nahyan bin Zayed Al Nahyan, Chairman of the Zayed Charitable and Humanitarian Foundation, will formally assume the role of Executive Chairman of NuroMENA Holdings Ltd., the Middle East subsidiary of NeOnc Technologies Holdings, Inc. Amir Heshmatpour, current Executive Chairman and President of NeOnc Technologies, will transition to Vice Chairman of NuroMENA.
This historic support marks the direct involvement in leading a biotechnology venture focused on developing breakthrough treatments for brain cancer and other central nervous system malignancies.
"We are deeply honored by the support of His Highness and backing by the resources and influence of one of the world's largest sovereign wealth funds, we expect will fundamentally change the trajectory of our company and, more importantly, bring new hope to millions of patients suffering from brain cancer worldwide," said Amir Heshmatpour, Executive Chairman and President of NeOnc Technologies. "The support of His Highness brings together his profound humanitarian vision with cutting-edge medical innovation to address one of healthcare's most challenging diseases."
This strategic alliance exemplifies His Highness' continued support for global humanitarian causes and positions the UAE at the forefront of the fight against one of medicine's most challenging diseases, demonstrating how sovereign resources can be deployed to address critical human health challenges on a global scale.
About NuroMENA Holdings Ltd.
NuroMENA is a UAE-based subsidiary of NeOnc Technologies Holdings, Inc., established as part of the UAE structure to oversee regional clinical operations, partnerships, and innovation in the Middle East and North Africa.
ABOUT NEONC TECHNOLOGIES HOLDINGS, INC.
NeOnc Technologies Holdings, Inc. is a clinical-stage life sciences company focused on the development and commercialization of central nervous system therapeutics that are designed to address the persistent challenges in overcoming the blood-brain barrier. The company’s NEO™ drug development platform has produced a portfolio of novel drug candidates and delivery methods with patent protections extending to 2038. These proprietary chemotherapy agents have demonstrated positive effects in laboratory tests on various types of cancers and in clinical trials treating malignant gliomas. NeOnc’s NEO100™ and NEO212™ therapeutics are in Phase II human clinical trials and are advancing under FDA Fast-Track and Investigational New Drug (IND) status. The company has exclusively licensed an extensive worldwide patent portfolio from the University of Southern California consisting of issued patents and pending applications related to NEO100, NEO212, and other products from the NeOnc patent family for multiple uses, including oncological and neurological conditions.
For more about NeOnc and its pioneering technology, visit neonc.com .
Important Cautions Regarding Forward Looking Statements
This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements can be identified by terminology such as “may,” “will,” “should,” “intend,” “expect,” “plan,” “budget,” “forecast,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “evaluating,” or similar words. Statements that contain these words should be read carefully, as they discuss our future expectations, projections of future results of operations or financial condition, or other forward-looking information.
Examples of forward-looking statements include, among others, statements regarding whether a definitive agreement will be reached with Quazar. These statements reflect our current expectations based on information available at this time, but future events may differ materially from those anticipated.
The “Risk Factors” section of our most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission, along with other cautionary language in that report or in our subsequent filings, outlines important risks and uncertainties. These may cause our actual results to differ materially from the forward-looking statements herein, including but not limited to the failure to finalize the agreement with Quazar, modifications to its terms, or alternative uses of proceeds.
We assume no obligation to revise or update any forward-looking statements, whether as a result of new information, future developments, or otherwise, except as required by applicable securities laws and regulations.
“NEO100” and NEO “212” are registered trademarks of NeOnc Technologies Holdings, Inc.
Company Contact:
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Investor Contact:
James Carbonara
Hayden IR
(646)-755-7412
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