NEXGEL Announces Spin-Off of Drug Delivery Program into NexGelRx [Yahoo! Finance]
NexGel, Inc (NXGL)
Company Research
Source: Yahoo! Finance
NEXGEL will also receive a 5% global royalty in perpetuity on products sold using its drug delivery technology LANGHORNE, Pa., Dec. 11, 2025 (GLOBE NEWSWIRE) -- NEXGEL, Inc. (“NEXGEL” or the “Company”) (NASDAQ: “NXGL”), a leading provider of healthcare, beauty, and over-the-counter (OTC) products including ultra-gentle, high-water-content hydrogel products for healthcare and consumer applications, today announced the spin-off of select drug delivery application assets into NexGelRx, an entity which will focus exclusively on developing and commercializing prescription (Rx) drug delivery solutions utilizing NEXGEL's proprietary hydrogel technology. At the time of the spin-off, NexGelRx also closed an initial funding from outside investors. Under the terms of the license agreement, NEXGEL will receive a 5% royalty, in perpetuity, for the global rights to its technology for Rx drug delivery by NexGelRx. NEXGEL will also retain a 19.99% equity stake in NexGelRx, which is non-dilutive
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News
- NexGelRx Receives Additional Investment from Eric Gruntfest of Diesis Holdings, LLC and Appoints Him as Board Observer and Strategic Advisor [Yahoo! Finance]Yahoo! Finance
- NexGelRx Receives Additional Investment from Eric Gruntfest of Diesis Holdings, LLC and Appoints Him as Board Observer and Strategic AdvisorGlobeNewswire
- NEXGEL Announces Spin-Off of Drug Delivery Program into NexGelRxGlobeNewswire
- NexGel Inc (NXGL) Q3 2025 Earnings Call Highlights: Progress Towards Profitability Amidst ... [Yahoo! Finance]Yahoo! Finance
- NEXGEL, Inc. (NXGL) Q3 2025 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
NXGL
Sec Filings
- 12/11/25 - Form 8-K
- 11/24/25 - Form 8-K
- 11/12/25 - Form 8-K
- NXGL's page on the SEC website