Source - LSE Regulatory
RNS Number : 0704X
Nuformix PLC
18 December 2023

18 December 2023


Nuformix plc


("Nuformix" or the "Company")


NXP001 Update


Nuformix receives second NXP001 milestone payment from Oxilio

Nuformix plc (LSE: NFX), a pharmaceutical development company targeting unmet medical needs in fibrosis and oncology via drug repurposing, is pleased to announce that the Company has achieved the second milestone according to its updated NXP001 exclusive licensing agreement with Oxilio Ltd ("Oxilio") and received the associated payment.

Commenting, Dr Dan Gooding, Executive Director of Nuformix, said: "Oxilio is progressing NXP001 with Nuformix's full support. We are pleased to have triggered the second milestone payment as per the terms of our updated agreement. Funds received continue to assist in advancing our core NXP002 and NXP004 programmes as we progress partnering interactions for these programmes."



Nuformix plc


Dr Dan Gooding, Executive Director


Via IFC Advisory


Stanford Capital Partners Limited


Tom Price / Patrick Claridge (Corporate Finance)

+44 (0) 20 3650 3650

Bob Pountney (Corporate Broking)

+44 (0) 20 3650 3652


IFC Advisory Limited


Tim Metcalfe

Zach Cohen

+44 (0) 20 3934 6630


About Nuformix


Nuformix is a pharmaceutical development company targeting unmet medical needs in fibrosis and oncology via drug repurposing. The Company aims to use its expertise in discovering, developing and patenting novel drug forms, with improved physical properties, to develop new products in new indications that are, importantly, differentiated from the original (by way of dosage, delivery route or presentation), thus creating new and attractive commercial opportunities. Nuformix has a pipeline of preclinical assets with potential for significant value and early licensing opportunities.


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