Newron in a nutshell
Newron is a biopharmaceutical company focused on the development of novel therapies for patients with diseases of the central nervous system (CNS) and pain.
We are committed to delivering innovative treatments to improve the quality of life for patients with CNS disorders. Our team has built a balanced and robust pipeline comprised of drug candidates at different clinical stages and has a proven track record of drug development and commercialization.
Xadago® (safinamide) has received marketing authorization for the treatment of Parkinson’s disease in the European Union and Switzerland (both 2015) as well as in the U.S. (2017) and is commercialized in Europe by Newron’s Partner Zambon. Supernus Pharmaceuticals holds the commercialization rights in the US. Valeo Pharma holds the commercialization rights for the Canadian market, Seqirus for Australia & New Zealand, and Medison for Israel. Meiji Seika, in collaboration with Eisai, has the rights to develop and commercialize the compound in Japan and other key Asian territories.
In addition to Xadago® for Parkinson’s disease, Newron has a strong pipeline of promising treatments including Evenamide as the potential first add-on therapy for the vast majority of schizophrenic patients who are poor responders or treatment resistant to their current anti-psychotic therapy, including clozapine.
Founded in 1999, Newron is headquartered in Bresso, near Milan, Italy, with a subsidiary in Morristown, NJ, USA. The Company is listed on the SIX Swiss Exchange, under the trading symbol NWRN, on the primary market of the Düsseldorf Stock Exchange and on XETRA, trading symbol NP5.
Strategy
Maximize Xadago’s market potential
Xadago® is the first New Chemical Entity in a decade approved in Europe and the U.S. for the treatment of Parkinson’s disease (PD). The product is commercialized in a number of European markets as well as in the USA. Our partners Zambon and Meiji Seika Pharma are working towards global approval.
Newron receives milestone and royalty payments from sales of Xadago® in PD.
Leverage CNS expertise — New concept in treating inadequate/non-response in schizophrenia
Newron is developing Evenamide as add-on therapy for the vast majority of schizophrenic patients who are poor responders or treatment resistant to their current anti-psychotic therapy, including clozapine.
Newron plans to partner opportunities directed at larger markets when offered the best return to Newron’s shareholders.
Partner non-core assets and in-license strategically relevant assets
Partnering is an important part of our strategy. We are actively engaging potential partners about our innovative pipeline of novel compounds to enable our products to be brought to market by companies with the best expertise. In addition, we are continuously searching for strategically relevant assets to in-license and expand our clinical portfolio.
Our People
Our History
ESG
We are committed to delivering innovative treatments to improve the quality of life for patients with CNS disorders. We do so by maximizing the market potential of our product Xadago, developing our compound Evenamide as add-on therapy for the treatment of positive symptoms of schizophrenia, and by partnering non-core assets and in-licensing strategically relevant assets.
While doing so, Newron's Board of Directors and Senior Management Team are committed to high standards of corporate governance, including transparency and accountability towards the company’s stakeholders. The corresponding Corporate Governance reporting is updated on a yearly basis and available in the most recent Annual Report here.
Newron has identified the following stakeholder groups to be of specific relevance for the company’s future success:
- Employees: Newron strives to offer an inspiring work environment. The well-being of our employees is key. Commitment is rewarded. It is the company’s ambition to act as motivating and attractive employer of choice within the global CNS community. Newron does not tolerate any form of harassment and treats all employees equally.
- Patients: It is our main purpose to improve the life of patients with CNS disorders. We do so by developing proprietary compounds as well as partnering and in-licensing assets. When conducting clinical trials, we carefully select the KOL and CRO that are responsible for planning and running the studies jointly with us and the involved authorities. We have the utmost respect for patients willing to participate in our clinical trials and avoid all issues (e.g. discrimination of specific populations) that might occur.
- R&D and Business partners: For Newron, sustainable collaborations with R&D and business partners is very important. Newron aims to act as reliable business partner, following and respecting the industry’s business ethics – and requires the same from its partners.
- Investors and financial community: Newron’s ambition is to create value for its shareholders in the long-term. Thus, Newron maintains a constant and trustful dialogue with shareholders, the financial community as well as the Swiss (SIX) and German (XETRA) stock exchanges where Newron’s shares are currently traded. Transparent communications is crucial. Risk management and business continuity play an important role in Newron’s corporate strategy.
- Society: Newron aims to be a Good Corporate Citizen, i.e. in the Milan (Italy) and New Jersey (USA) areas where the company currently has its offices. The same applies to locations where Newron is present within the framework of clinical trials. We pay attention to our ecological footprint and are working on further improving it.