Noxopharm Initiates First SOF-SKN™ Dose in HERACLES Trial

Tip Ranks
2025.07.15 22:28
portai
I'm PortAI, I can summarize articles.

Noxopharm Ltd. has initiated the first dose of its drug candidate SOF-SKN™ in the HERACLES clinical trial, aimed at evaluating its safety for autoimmune diseases, particularly cutaneous lupus erythematosus. This milestone positions Noxopharm to potentially capitalize on the $3 billion global lupus market and expand into other autoimmune conditions. Noxopharm is a clinical-stage biotech company focused on innovative treatments for cancer and inflammation, utilizing its proprietary technology platforms.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
  • Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.

Noxopharm Ltd. ( (AU:NOX) ) just unveiled an update.

Noxopharm Limited has achieved a significant milestone with the first administration of its novel drug candidate, SOF-SKN™, in the HERACLES clinical trial. This trial, conducted in Australia, aims to assess the safety and tolerability of SOF-SKN™ for autoimmune diseases, initially targeting cutaneous lupus erythematosus. The trial’s success could position Noxopharm as a key player in the growing global lupus market, valued at over US$3 billion, with potential applications for other autoimmune and inflammatory conditions.

More about Noxopharm Ltd.

Noxopharm Limited is a clinical-stage Australian biotech company that focuses on discovering and developing novel treatments for cancer and inflammation. The company leverages its proprietary technology platforms, Sofra™ and Chroma™, to enhance mRNA medicines and develop drugs for oncology and autoimmune diseases.

Average Trading Volume: 142,069

Technical Sentiment Signal: Sell

Current Market Cap: A$12.86M

For a thorough assessment of NOX stock, go to TipRanks’ Stock Analysis page.

Trending Articles:

  • Can Amazon Gain 35%? Top Analyst Cites Improving Macro Backdrop and AWS Strength
  • Tesla Price Target Trimmed by Top Analyst Despite Improving U.S. Auto Outlook
  • 3 “Strong Buy” Technology Stocks to Buy Now, 7/11/25, According to Top Analysts

Disclaimer & DisclosureReport an Issue