FinancingThe company has secured a non-dilutive financing arrangement with HealthCare Royalty for up to $71M, extending their cash runway into early 2028.
Market ExpansionJNJ recently initiated a new Phase 1b study to evaluate JNJ-1900 in combination with chemotherapy, suggesting growing interest to extend the market opportunity of the drug.
Research And DevelopmentNanobiotix has transferred the sponsorship of the Phase 3 NANORAY-312 study to J&J, which is expected to lead to reduced operational expenses.