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Nasus Pharma Announces Initiation of Phase 2 Clinical Study of NS002 with First Participant Dosed The Phase 2 study is designed to address regulatory approval considerations by comparing bioavailability and pharmacokinet

Key Takeaway: Nasus Pharma Ltd. has announced the initiation of its Phase 2 clinical trial for NS002, an investigational intranasal epinephrine formulation aimed at treating anaphylaxis. The first participant has been dosed in Canada, marking a significant milestone for the company's development program. The trial will compare the bioavailability and pharmacokinetics of NS002 with existing autoinjector options like EpiPen. Interim results from this study are expected in the first quarter of 2026.

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POSITIVE FACTORS

  • Successful initiation of Phase 2 clinical study for NS002.
  • Potential for NS002 to provide a needle-free alternative for anaphylaxis treatment.
  • Study aims to improve compliance among patients with severe allergies.

Full Press Release Details

Pharma Announces Initiation of Phase 2 Clinical Study of NS002 with First Participant Dosed
Phase 2 study is designed to address regulatory approval considerations by comparing bioavailability and pharmacokinetics of NS002 against
clinical study demonstrated NS002 can achieve faster and higher absorption of epinephrine compared to an autoinjector
of the first participant in the Phase 2 study in Canada reflects the successful initiation of the Company's needle-free
epinephrine delivery program for anaphylaxis treatment
results are expected in the first quarter of 2026
AVIV, Israel, November 18, 2025 -- Nasus Pharma Ltd. (NYSE: NSRX) ("Nasus Pharma" or the "Company"),
a clinical-stage pharmaceutical company focused on the development of innovative intranasal products
to treat emergency medical conditions, today announced the successful initiation of the Company's Phase 2 clinical study
with dosing of the first participant in Canada. The trial aims to evaluate NS002, the Company's investigational intranasal epinephrine
powder formulation, compared to EpiPen for the treatment of anaphylaxis. NS002 could potentially offer patients a needle-free
alternative to traditional epinephrine autoinjectors.
Phase 2 study is an open-label, fixed-sequence trial designed to evaluate the pharmacokinetic parameters and hemodynamic responses
of NS002 compared to EpiPen in 50 healthy adults with a history of allergic rhinitis. Interim results from this trial are expected
in the first quarter of 2026.
dosing of the first participant in our Phase 2 study marks a significant milestone for our NS002 program and for patients with
severe allergies who need more user-friendly treatment options to manage life-threatening anaphylaxis," said Dan Teleman, Chief
Executive Officer of Nasus Pharma. "We are moving forward at full speed, executing the NS002 development program
as planned, and positioning the Company for its next stage of growth. For millions suffering from severe allergies, the fear of
needles and the inconvenience of carrying cumbersome autoinjectors leads to poor compliance and potentially life-threatening outcomes
in anaphylaxis management."
Pharma is a clinical-stage pharmaceutical company developing a number of intranasal powder products addressing acute medical conditions
in the community. NS002, Nasus's intranasal powder Epinephrine product candidate is being developed as a needle-free alternative
to Epinephrine autoinjectors for patients with anaphylaxis. Intranasal administration is most suitable for those situations in which
rapid drug delivery is required and offers needle free, easy to use alternatives. Nasus proprietary powder-based intranasal ("PBI")
technology is designed for rapid and reliable drug delivery, leveraging the nasal cavity's rich vascular network for quick absorption.
The PBI formulation uses uniform spherical powder particles for broad dispersion and potentially faster, higher absorption compared to
liquid-based nasal products. For further information about the Company, please visit www.nasuspharma.com or follow on Twitter
press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of
1995 and other U.S. federal securities laws. All statements, other than statements of historical fact, contained in this press release
are forward-looking statements, including, among other things: statements regarding the initiation, progress, and potential outcomes
of the Company's Phase 2 clinical trial of NS002; the expected timing of interim results; the potential for NS002 to improve treatment
accessibility and compliance compared to traditional autoinjectors and EpiPen; the ability of our proprietary powder-based intranasal
technology to deliver epinephrine safely and effectively; the Company's expectations for continued advancement of the NS002
development program as planned and its anticipated positioning for the next stage of corporate growth, and the advancement of NS002
as a needle-free alternative for the treatment of anaphylaxis. Forward-looking statements contained in this press release may be identified
by the use of words such as "anticipate," "believe," "contemplate," "could," "estimate,"
"expect," "intend," "seek," "may," "might," "plan," "potential,"
"predict," "project," "target," "aim," "should," "will" "would,"
or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking
statements are based on the Company's current expectations and are subject to uncertainties, risks and assumptions that are difficult
to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate.
These and other risks and uncertainties are described more fully in the section titled "Risk Factors" in the Company's
prospectus filed with the U.S. Securities and Exchange Commission dated August 12, 2025. Forward-looking statements contained in this
press release are made as of this date, and the Company undertakes no duty to update such information except as required under applicable
American Equities Desk

Frequently Asked Questions

What is NS002?

NS002 is an investigational intranasal epinephrine powder developed by Nasus Pharma to treat anaphylaxis.

When was the first participant dosed in the Phase 2 study?

The first participant in the Phase 2 study was dosed in Canada on November 18, 2025.

What is the goal of the Phase 2 clinical study?

The study aims to compare the pharmacokinetics of NS002 with EpiPen.

What technology does NS002 utilize?

NS002 uses proprietary powder-based intranasal (PBI) technology for rapid drug delivery.

When will interim results be available?

Interim results from the Phase 2 trial are expected in the first quarter of 2026.

Last updated: Nov 18, 2025