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flag BioNxt acquires exclusive rights to a new sublingual oncology drug, with plans for development and European commercialization.

flag BioNxt Solutions Inc. has signed a letter agreement with a European chemotherapy company to acquire exclusive intellectual property rights for a novel sublingual drug formulation intended for oncology and immunosuppressant treatments. flag Under the agreement, BioNxt will lead development, including patent filings and clinical studies, with the partner receiving a 20% royalty on third-party license fees, capped at $50 million. flag The companies aim to finalize a definitive agreement within 60 days. flag The move supports BioNxt’s existing sublingual thin-film program for multiple sclerosis and aligns with the projected $61.05 billion global immunosuppressant market in 2025. flag The company plans to file provisional patents by year-end and continues advancing drug delivery platforms in North America and Europe, with commercialization focused on European markets.

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