Nymox Pharmaceutical

Nymox Pharmaceutical

NYMXPhase 3
Nassau, BahamasFounded 1989nymox.com

Nymox Pharmaceutical is dedicated to addressing significant unmet medical needs in urology, particularly in the large and growing market for BPH treatments. The company's proprietary drug candidate, fexapotide triflutate, represents a novel, minimally invasive approach that has demonstrated long-term efficacy and a favorable safety profile in clinical studies. Despite facing regulatory and financial challenges, Nymox continues to pursue the development and potential commercialization of its lead asset. The company's strategic direction hinges on securing regulatory approval and partnerships to bring its innovative therapy to market.

Market Cap
$18.3M
Founded
1989
Employees
1-10
Focus
Biotech

AI Company Overview

Nymox Pharmaceutical is dedicated to addressing significant unmet medical needs in urology, particularly in the large and growing market for BPH treatments. The company's proprietary drug candidate, fexapotide triflutate, represents a novel, minimally invasive approach that has demonstrated long-term efficacy and a favorable safety profile in clinical studies. Despite facing regulatory and financial challenges, Nymox continues to pursue the development and potential commercialization of its lead asset. The company's strategic direction hinges on securing regulatory approval and partnerships to bring its innovative therapy to market.

Technology Platform

Proprietary injectable oligopeptide (fexapotide triflutate) designed for targeted intraprostatic administration to induce localized apoptosis, aiming for long-term treatment effects from minimal injections.

Pipeline Snapshot

6

6 drugs in pipeline, 4 in Phase 3

DrugIndicationStage
NX-1207 + PlaceboBenign Prostatic Hyperplasia (BPH)Phase 3
NX-1207Benign Prostatic HyperplasiaPhase 3
NX-1207 + PlaceboBenign Prostatic HyperplasiaPhase 3
NX-1207Benign Prostatic HyperplasiaPhase 3
NX-1207 2.5 mg + NX-1207 15 mgProstate CancerPhase 2

Funding History

3

Total raised: $30M

PIPE$10MUndisclosedApr 15, 2021
PIPE$15MUndisclosedSep 15, 2015
Series A$5MUndisclosedJun 15, 2005

Opportunities

The primary opportunity is to address the large, underserved BPH market with a novel, durable, in-office injectable therapy that could sit between daily pills and surgery.
Successful approval and partnership could unlock significant value.

Risk Factors

Extreme financial risk with recurring 'going concern' warnings, high uncertainty around FDA regulatory pathway for its lead asset, lack of commercialization capabilities, and intense competition from both generic drugs and established minimally invasive procedures.

Competitive Landscape

Competes against generic oral BPH drugs (alpha-blockers, 5-ARIs) and rapidly growing Minimally Invasive Surgical Therapies (MIST) like UroLift and Rezūm. Differentiation hinges on fexapotide being a durable 'interventional drug' with long-term efficacy data from a few injections.

Company Info

TypeTherapeutics
Founded1989
Employees1-10
LocationNassau, Bahamas
StagePhase 3
RevenuePre-revenue

Trading

TickerNYMX
ExchangeNASDAQ

Contact

Therapeutic Areas

Urology
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