Newron presents H1 2026 results and corporate update
Newron announced its financial results and operational highlights for the first half of 2026, including that topline 12-week results for its evenamide ENIGMA-TRS 1 study are expected in Q1 2027. The company also signed a financing agreement for up to EUR 38 million.
A. 2026 / 07:00 CET/CEST The issuer is solely responsible for the content of this announcement. A. (“Newron”) (SIX: NWRN, XETRA: NP5), a biopharmaceutical company focused on the development of novel therapies for patients with diseases of the central and peripheral nervous system, today announced its financial results and operational highlights for the first half of 2026, and provided a corporate update.
Highlights H1 2026: Evenamide • ENIGMA-TRS 1: Screening for enrollment completed post-period in September. Target enrollment of at least 600 patients expected around mid-October, Topline 12-week results in Q1 2027 • ENIGMA-TRS 2: Following a constructive Type A meeting with the FDA in July, Newron expects US enrollment to resume in the near future.
Ongoing enrollment outside the US • IP: European Patent Office decision to grant an additional Composition of Matter patent extending protection for evenamide to 2044 • Japan: Partner EA Pharma (Eisai Group) announced initiation of its Phase 3 clinical trial with evenamide in Japan Corporate • A financing agreement for proceeds of up to EUR 38 million was signed, strengthening Newron’s financial position and supporting the evenamide Phase 3 program • Extended maturity of all outstanding European Investment Bank financing tranches to June 2028.
5 million milestone payment from EA Pharma/Eisai • George Garibaldi and Paolo Zocchi were elected as new, independent non-executive Board members at the AGM Stefan Weber, CEO of Newron, commented: “During the first half of 2026, we made significant progress advancing evenamide and our pivotal Phase 3 ENIGMA-TRS program. We are very pleased with the continued progress of ENIGMA-TRS 1, with the last patient having completed screening and enrollment expected to reach its target shortly. Following our constructive Type A meeting with the FDA, we also remain confident that enrollment in the US component of ENIGMA-TRS 2 will resume in the near future.
Together, these developments bring us closer to potentially delivering a much-needed new treatment option for patients with treatment-resistant schizophrenia. ” Evenamide — advancing schizophrenia treatment Newron continued to make substantial progress with its pivotal ENIGMA-TRS Phase 3 development program during the first half of 2026. The program evaluates evenamide as an add-on therapy in patients with treatment-resistant schizophrenia (TRS), a population that remains underserved by currently available treatments.
ENIGMA-TRS 1 is an international, 52-week, randomized, double-blind, placebo-controlled Phase 3 study evaluating the efficacy, tolerability and safety of the 15mg BID and 30mg BID doses of evenamide compared with placebo. The study is designed to enroll at least 600 patients at centers across Europe, Asia, Latin America and Canada. Post-period, in September 2026, the last of 996 patients entered screening for enrollment. Newron expects target enrollment of at least 600 patients to be reached around mid-October 2026.
The primary efficacy endpoint is the change from baseline in the Positive and Negative Syndrome Scale (PANSS) score at 12 weeks. Newron expects to announce Topline 12-week results in Q1 2027. The study will continue under double-blind, placebo-controlled conditions through 52 weeks. ENIGMA-TRS 2 is a 12-week, randomized, double-blind, placebo-controlled Phase 3 study designed to enroll at least 400 patients and evaluate the efficacy, tolerability and safety of the 15mg BID dose of evenamide.
Enrollment started in the US in December 2025, followed by regulatory approvals in study centers in Asia and Latin America. In April 2026, Newron announced a pause in enrollment at US study centers following notification to the FDA of the sudden death of a study participant at a clinical site outside the US, in accordance with standard practice. S. enrollment to resume following FDA clearance.
Study centers outside the US are not affected by the pause. In January 2026, Newron’s partner EA Pharma (part of the Eisai Group), announced initiation of its Phase 3 clinical trial with evenamide in Japan. Intellectual property and scientific engagement In January 2026, the European Patent Office issued a decision to grant Newron an additional Composition of Matter patent providing protection for evenamide through 2044. The patent covers crystalline forms of evenamide, processes for their preparation and their uses, further strengthening the Company’s intellectual property position.
In February, peer-reviewed data was published in Therapeutic Advances in Psychopharmacology. The publication brought together findings from multiple randomized clinical trials and provided further scientific and mechanistic support for evenamide as a novel treatment approach for patients with schizophrenia who have an inadequate response to existing treatments, including those with TRS. Newron also continued to engage with the scientific and investment communities at key industry and investor conferences during the reporting period.
Xadago®/safinamide — Parkinson’s disease In partnership with Zambon and Supernus, Newron continues to further develop and market Xadago®/safinamide. In the US, generic versions of safinamide mesylate are not permitted to launch earlier than December 2027. In the European Union, Newron expects Supplementary Protection Certificates in key markets following completion of ongoing procedures. Corporate developments In February, Newron entered into an agreement with existing and new shareholders from Europe and Asia for the subscription of newly issued shares for proceeds of up to EUR 38 million.
5 million tranche completed post-period in September. The financing further strengthens the Company’s financial position and supports continued execution of the ENIGMA-TRS Phase 3 program. 5 million tranche from these investors is expected no later than November 30, 2026, with an additional EUR 12 million expected following disclosure of the ENIGMA-TRS results, conditional upon such results being positive. In March, Newron announced an agreement with the European Investment Bank extending the maturity date of all outstanding tranches under its 2018 Finance Contract to June 28, 2028.
5 million milestone payment from EA Pharma (Eisai Group), reflecting continued progress in the development of evenamide. At the Annual General Meeting in April, George Garibaldi and Paolo Zocchi were elected as new independent non-executive Board members, succeeding Patrick Langlois and Luca Benatti. 9 million in the same period of 2025. H1 2025 revenues reflect the achievement of the first milestone under the license agreement with EA Pharma (Eisai Group) and the upfront payment received from Myung In Pharm.
1 million in H1 2025. 1 million in the same period in 2025. 4 million of cash. 9 million as at December 31, 2025.
0 million. 004) June 30, 2026 Dec. 31, 2025 Cash and cash equivalents, other current 32,890 28,876 financial assets Total assets 40,291 40,055 Newron’s Half-Year 2026 is available for download on the Company’s website at: 1 Outlook Newron is well positioned to continue advancing the clinical development of evenamide through the remainder of 2026 and into 2027. The Company’s key priority remains the successful execution of the pivotal ENIGMA-TRS Phase 3 program.
With ENIGMA-TRS 1 approaching target enrollment and US enrollment in ENIGMA-TRS 2 expected to resume in the near future, Newron remains focused on achieving important clinical milestones and expects topline results from both studies in 2027. Newron also continues to explore development and commercial opportunities for evenamide and to strengthen its intellectual property position. The Company’s total available cash resources are expected to fund planned development programs and operations throughout most of 2027, including beyond the expected disclosure of the 12-week results from the ENIGMA-TRS program.
About Newron Pharmaceuticals Newron (SIX: NWRN, XETRA: NP5) is a biopharmaceutical company focused on the development of innovative therapies for patients with diseases of the central and peripheral nervous system. Headquartered in Bresso near Milan, Italy, the Company has a strong track record of advancing neuroscience-based treatments from discovery to market. Newron’s lead compound, evenamide, is a first-in-class glutamate modulator and has the potential to be the first add-on therapy for treatment-resistant schizophrenia (TRS) and for poorly responding patients with schizophrenia.
Evenamide is currently developed in the global pivotal ENIGMA-TRS Phase 3 development program. Clinical trial results to date demonstrate the benefits of this drug candidate in the TRS as well as poorly responding patient population, with significant improvements across key efficacy measures increasing over time, as well as a favorable safety profile, which is uncommon for available antipsychotic medications. Newron has signed development and commercialization agreements for evenamide with EA Pharma (a subsidiary of Eisai) for Japan and other Asian territories, as well as Myung In Pharm for South Korea.
Newron’s first marketed product, Xadago®/safinamide has received marketing authorization for the treatment of Parkinson’s disease in the European Union, Switzerland, the UK, the USA, Australia, Canada, Latin America, Israel, the United Arab Emirates, Japan and South Korea. , and Meiji Seika responsible for development and commercialization in Japan and other key Asian territories. For more information, please visit: 2 and connect with us on 3 LinkedIn.
com Important Notices This document contains forward-looking statements, including (without limitation) about (1) Newron’s ability to develop and expand its business, successfully complete development of its current product candidates, the timing of commencement of various clinical trials and receipt of data and current and future collaborations for the development and commercialization of its product candidates, (2) the market for drugs to treat CNS diseases and pain conditions, (3) Newron’s financial resources, and (4) assumptions underlying any such statements.
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