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: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.