NLS Pharmaceutics AG Announces Imminent Merger with Kadimastem, Plans to Form NewcelX with Expanded Clinical Pipeline

Reuters
16 Jun
NLS Pharmaceutics AG Announces Imminent Merger with Kadimastem, Plans to Form NewcelX with Expanded Clinical Pipeline

ZURICH, June 16, 2025 - NLS Pharmaceutics Ltd. (NASDAQ: NLSP), a Swiss clinical-stage biopharmaceutical company, has announced an anticipated merger with Kadimastem. This strategic move is expected to unite NLS Pharmaceutics' proprietary DOXA platform with Kadimastem's cell-therapy assets, marking a transformational pivot for the company. The combined entity will be named NewcelX and aims to be a Nasdaq-listed clinical-stage biotech, featuring a robust pipeline that includes treatments for neurodegenerative diseases, diabetes, and central nervous system disorders. The merger is expected to close in the near future, setting the stage for an energized integration phase and accelerated clinical momentum.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NLS Pharmaceutics Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-054486), on June 16, 2025, and is solely responsible for the information contained therein.

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