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NeuroScientific Biopharmaceuticals Ltd (ASX:NSB)
ALERT: Price-sensitive ASX Announcement for NSB
Current share price for NSB : $0.060 -0.05 (-45.45%)+
Announcement
Release
30 Apr 2026 8:46AM
Price at Release
$0.110
Full Release
Summary
NeuroScientific Biopharmaceuticals Ltd (ASX:NSB), an innovative Australian biotechnology company, reported its quarterly activities for the period ending March 31, 2026. The company announced successful clinical results for its StemSmart™ product for Crohn’s disease under the TGA's Special Access Scheme, with three out of four patients showing a significant clinical response. The company commenced the technology transfer for manufacturing StemSmart™ with Q-Gen Cell Therapeutics, aiming to scale production for Phase 2 clinical trials. NSB is progressing well in its Phase 2 clinical trial preparations, supported by real-world data from the Special Access Program and is engaging with Key Opinion Leaders in Australia and the U.S. The company maintained a strong financial position with $5.68 million in cash, which supports its clinical development and manufacturing activities.
Key Points
- Successful clinical response from early treatments using StemSmart™ for Crohn’s disease.
- Initiated technology transfer for manufacturing with Q-Gen Cell Therapeutics.
- Phase 2 clinical trial preparations progressing with real-world data support.
- Maintained strong cash position of $5.68 million.
- Continued engagement with Key Opinion Leaders and trial sites.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.
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