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NMS Group S.p.A. Announces Change in Shareholding Structure, Board of Directors and Statutory Auditors to Accelerate Growth and Innovation

NMS Group S.p.A. Announces Change in Shareholding Structure, Board of Directors and Statutory Auditors to Accelerate Growth and Innovation

NMS Group S.p.A. (NMS Group), the largest oncological R&D company in Italy, announces today a change to its shareholding structure, leading to a restructured board of directors and statutory auditors. The Fondazione Regionale per la Ricerca Biomedica (FRRB), established by the Lombardy Regional Government with an aim to promote and support biomedical research in the region, has agreed to conclude its investment in NMS Group as minority shareholder.

Nerviano Medical Sciences Srl Announces BRAFTOVI® Royalty Agreement with Blue Owl Capital, potentially exceeding $80 Million

Nerviano Medical Sciences S.r.l. (NMS), a part of NMS Group S.p.A. (NMS Group) and Nerviano Medical Sciences, Inc., a wholly owned subsidiary of NMS S.r.l, focused on the discovery and development of oncology drugs and the largest oncological R&D company in Italy, today announced an agreement with funds managed by Blue Owl Capital (“Blue Owl”). This investment will enable NMS to monetize $80 million or more in potential future BRAFTOVI® royalties, with Blue Owl providing in excess of $50 million in upfront cash and contingent proceeds. Under the terms of the agreement, NMS retains all subsequent royalties tied to BRAFTOVI® ‘s global net sales once a specific multiple of Blue Owl’s investment has been met, which in NMS’s estimation are anticipated to exceed $30 million.

Our scientists to speak at the SCI-2024 – XXVIII National Congress

Our scientists to speak at the SCI-2024 – XXVIII National Congress

We are honored to have two senior scientists speaking at the SCI-2024 – XXVIII National Congress in Milan. Elena Ardini: Wednesday, August 28th    8:30am - 9:00am Discovery of entrectinib: an amazing journey from target biology to innovative therapy (KN-028)...

 

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