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TME Pharma signs exclusive deal with TMS Co. for NOX-A12, securing €10M upfront and potential $1B sales royalties

Company Fundamentals
29 Oct 2026, 10:05 WIB
Globe News Wire
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Bullish
TME Pharma signs exclusive deal with TMS Co. for NOX-A12, securing €10M upfront and potential $1B sales royalties

TME Pharma has entered a binding exclusive negotiation agreement with Japanese biotech TMS Co., Ltd. to develop and commercialize NOX-A12 for glioblastoma. TME Pharma receives €150,000 for exclusivity and expects around €10 million upfront plus over €100 million in milestones and 8-10% royalties on sales projected to reach $1 billion. The partnership aims to resume the Phase 2 GLORIA study quickly, leveraging favorable market conditions and TME Pharma's Fast Track and Orphan Drug designations. This deal could significantly extend TME Pharma's financial runway and create substantial shareholder value if clinical results continue to be positive.

TME Pharma's new agreement with Japanese TMS Co., Ltd. provides context for health sector activity on Pluang. For readers following health stocks, here is Pluang's market snapshot as of Oct 29, 2026 14:11 WIB: out of 150 priced US health stocks, 105 rose and 42 fell. Notable movers include BBIO at USD 71.96 with a 3.73% increase and 100% sell order activity, WGS at USD 65.07 up 3.71% with 55% buy orders, and HLN at USD 9.74 down 3.37%. Typical hold times on Pluang range from 15 to 64 days among these stocks.

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