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NeOnc CEO buys 70,000 shares amid positive clinical trial results and upcoming catalysts

Market News
09 Nov 2026, 15:32 WIB
GlobeNewsWire
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Bullish
NeOnc CEO buys 70,000 shares amid positive clinical trial results and upcoming catalysts

NeOnc Technologies CEO Amir Heshmatpour purchased an additional 70,000 shares of the company's stock, reinforcing his confidence following positive Phase 2a results for their brain cancer treatment NEO100. This insider buying continues a pattern seen throughout 2026, highlighting optimism ahead of upcoming clinical data presentations at the Society for Neuro-Oncology meeting. NeOnc is developing treatments for aggressive brain cancers, with recent trials showing promising progression-free survival rates. Investors are watching closely as further data on NEO100 and NEO212 are expected soon, potentially impacting the company's valuation and regulatory progress.

NeOnc Technologies CEO Amir Heshmatpour's recent purchase of 70,000 shares adds to ongoing insider buying in 2026. For readers following health-sector stocks, here is Pluang's market snapshot as of Nov 09, 2026 19:41 WIB: out of 150 priced US health-sector stocks, 121 rose and 18 fell. Notable movers include NUWE at USD 4.72 (+3.06%), CTXR at USD 0.54 (-2.98%), and LQDA at USD 45.67 (+2.86%).

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