Nasus Pharma NS002 Clinical Trial Results Significantly Outperform EpiPen
Nasus Pharma announced top line results from its Phase 2 clinical study of NS002, the Company's investigational intranasal epinephrine powder formulation for the treatment of anaphylaxis. The comprehensive analysis demonstrated that NS002 achieved significantly faster and higher early epinephrine absorption compared to intramuscular EpiPen autoinjector. The Company plans to initiate its pivotal clinical study in fourth quarter of 2026. The open-label Phase 2 study enrolled 50 healthy adults with a history of allergic rhinitis. All subjects received a single and repeat dose of NS002 and intramuscular EpiPen with and without a nasal allergic challenge. This robust study design provided comprehensive data supporting NS002's clinical utility across multiple administration scenarios that patients may encounter during actual anaphylactic emergencies. Speed to Therapeutic Threshold: After a single administration, NS002 achieved the critical 100 pg/mL plasma epinephrine threshold with a median T100 of 1.69 minutes versus 3.42 minutes for EpiPen. At 2.5 minutes, 67.4% of participants receiving NS002 reached the therapeutic threshold compared to 27.1% with EpiPen. At 5 minutes, 88.4% of NS002 subjects reached the threshold compared to 64.6% with EpiPen. By 10 minutes, approximately 95% of participants receiving NS002 reached the therapeutic threshold. Time to Peak Concentration: NS002 reached peak concentration in a median of 15 minutes compared to 19.8 minutes with EpiPen, demonstrating consistently faster epinephrine delivery. Critical Window Drug Exposure: Total epinephrine absorption in the critical 10-minute therapeutic window following administration was approximately 50% higher with NS002, with AUC statistically significantly higher in the first 5-10 minutes compared to EpiPen. Repeat Dose Performance: Repeat administration of NS002 with or without a NAC maintained consistent pharmacokinetic advantages over EpiPen, a clinically significant finding given that patients experiencing severe anaphylaxis may require a repeat dose to fully resolve symptoms. Peak Plasma Concentrations: Across multiple scenarios, NS002 demonstrated comparable peak plasma concentration compared to EpiPen, with repeat dosing showing particularly strong performance. Safety and Tolerability Profile: NS002 demonstrated a favorable safety and tolerability profile consistent with previous studies, with no serious adverse events reported. These results demonstrated that NS002 has the potential to exceed EpiPen performance across the full spectrum of real-world conditions, including the challenging NAC environment that simulates scenarios patients may encounter during actual allergic reactions. The analysis showed statistically significant improvements in time to therapeutic threshold and in the proportion of subjects reaching the therapeutic epinephrine threshold within the first minutes following administration.
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- Cash Position: As of December 31, 2025, Nasus Pharma reported cash, cash equivalents, and marketable securities totaling $4.3 million, a significant increase from $0.3 million as of December 31, 2024, indicating improved financial management.
- Increased Net Loss: The net loss for the fiscal year 2025 was $5.9 million, compared to a net loss of $1.5 million in 2024, highlighting pressures from operational costs and research expenditures.
- Financing Activity: Following a $15 million private placement completed in February 2026, Nasus expects this funding to sustain its operations through the second quarter of 2027, enhancing market confidence in its financial stability.
- Future Outlook: With successful financing, Nasus Pharma is positioned for greater operational flexibility and growth potential in the future, although the current loss situation remains a concern, the ample funding will support its strategic development.
- Forum Overview: The Life Sciences Virtual Investor Forum, held on March 11-12, showcased innovative companies from biotechnology, medical devices, and pharmaceuticals, providing investors with insights into emerging technologies and strategic growth opportunities, thereby attracting significant investor interest.
- Presentation Access: Attendees can view forum presentations on-demand for 90 days, available 24/7, which enhances investor-company interaction and improves information transparency in the investment community.
- 1x1 Meeting Requests: Select companies are accepting management meeting requests through March 17, facilitating direct communication between investors and company executives, which strengthens investor relations management.
- Enhanced Investor Engagement: Virtual Investor Conferences provide a real-time interactive platform that allows companies to connect more efficiently with investors, significantly increasing investor engagement and marking an innovation in investor communication methods.
- Agenda Announcement: Virtual Investor Conferences has announced the Life Sciences Virtual Investor Forum scheduled for March 11-12, 2026, inviting individual and institutional investors to participate for free, aiming to broaden the investor base and enhance company-investor interactions.
- Company Presentation Schedule: The forum will feature presentations from several life sciences companies, including SeaStar Medical Holding Corporation and Nasus Pharma Ltd., with one-on-one management meetings arranged to facilitate direct communication of strategies to investors.
- Platform Advantages: The Virtual Investor Conferences provide a real-time investor engagement solution that replicates the components of an on-site investor conference, enabling companies to access investors more efficiently and enhance presentation effectiveness, thereby increasing investor participation.
- Focus on Industry Innovation: The forum highlights innovators in the life sciences sector, with the EVP of OTC Markets Group stating that the conference offers a unique opportunity for companies to engage with a broader investor audience, fostering strategic communication within the industry.
- Clinical Study Update: Nasus Pharma will host a conference call on March 16, 2026, to discuss the topline analysis from its Phase 2 repeated dose clinical study of NS002, which is expected to provide critical data support for the company's future product development.
- Product Innovation: NS002 is a needle-free intranasal epinephrine powder product designed to offer a more convenient medication option for patients experiencing anaphylaxis, aligning with the need for rapid drug delivery and potentially transforming emergency medication usage.
- Technological Advantage: Nasus' proprietary powder-based intranasal (PBI) technology leverages the nasal cavity's rich vascular network for rapid absorption, which is anticipated to provide faster drug absorption compared to liquid nasal products, enhancing the patient experience.
- Investor Relations: A recording of the webcast will be available on Nasus Pharma's investor relations website following the conference, further enhancing communication and transparency between the company and its investors.
- Investor Conference Schedule: Nasus Pharma will participate in three investor conferences on February 25, March 2, and March 11, 2026, with CEO Dan Teleman presenting the company, aiming to enhance visibility and attract potential investments.
- Format and Locations: The Oppenheimer conference will be held virtually, while the BIO Investment & Growth Summit and Citizens Life Sciences Conference will take place in Miami, showcasing the company's flexibility in engaging with investors across different platforms.
- Product Development Progress: Nasus Pharma is developing a needle-free intranasal epinephrine powder product, NS002, designed to provide rapid and convenient drug delivery for patients experiencing anaphylaxis, aligning with urgent medical needs and improving patient experience.
- Technological Advantages: The company's proprietary powder-based intranasal (PBI) technology leverages the nasal cavity's rich vascular network for rapid absorption, expected to offer faster drug delivery compared to liquid nasal products, enhancing its competitive edge in the market.
- Private Placement Size: Nasus Pharma successfully priced a $15 million private placement involving 2,695,425 ordinary shares and matching warrants at $5.565 per unit, reflecting market confidence in its future prospects as it exceeds the prior NYSE American close.
- Warrant Terms: The warrants have an exercise price of $6.53, are immediately exercisable, and will expire either two years from issuance or 30 trading days after the NS002 pivotal study results, providing investors with a potential profit opportunity.
- Clear Use of Proceeds: The net proceeds from this financing will fund the advancement of NS002's pivotal trial, first-in-human studies for other intranasal products, and general corporate needs, ensuring ongoing investment in research and operations.
- Investor Participation: Both new and existing investors, including board members, participated in this private placement, demonstrating trust and support for Nasus Pharma's future development, with the placement expected to close on or about February 12, 2026.









