N2OFF: MitoCareX Discovers Promising Compounds and Targets for Preclinical Candidate Selection

Company Acquisition and Strategic Direction: N2OFF, Inc. has acquired MitoCareX Bio Ltd., with CEO Dr. Alon Silberman outlining the company's focus on precision oncology and the development of novel therapies targeting aggressive cancers using their proprietary MITOLINE™ algorithm.

Innovative Drug Discovery Approach: MitoCareX is leveraging MITOLINE™ for drug discovery, aiming to create first-in-class therapeutics that disrupt cancer metabolism, particularly for lung and pancreatic cancers, which represent a significant market opportunity.

Short-Term and Long-Term Goals: The company plans to optimize hit compounds and prepare for preclinical development in 2026, while also exploring strategic collaborations to expand MITOLINE™'s applications and generate non-dilutive revenue.

Future Outlook and Mission: MitoCareX aims to establish itself as a leader in drug discovery by focusing on mitochondrial biology and precision oncology, with a mission to transform insights into value for patients and shareholders through a scalable discovery platform.