- Business
- BioNxt Solutions Inc. BioNxt Solutions Inc. (CSE:BNXT) operates as a clinical-stage bioscience company that researches, develops, manufactures and sells next-generation drug formulations and delivery systems, including sublingual thin films, transdermal patches and oral dissolvable technologies for neurological, autoimmune and neurodegenerative diseases; its pipeline features BNT23001 for multiple sclerosis, BNT23002 for myasthenia gravis, BNT24002 for lupus nephritis, BNT24003 for rheumatoid arthritis, BNT24004 for longevity and anti-aging, and semaglutide oral formulations, alongside diagnostic screening tests for infectious diseases and oral health, psychedelic medicine production including psilocybin and mescaline for mental health conditions, and standardization of active pharmaceutical ingredients for neurological applications. The company maintains research and development operations in North America and Europe with a primary focus in Germany, Austria and Switzerland, serving licensed growers, processors, dispensaries and government agencies while targeting commercialization through licensing deals or acquisitions by major pharmaceutical firms. Founded as XPhyto Therapeutics and renamed BioNxt Solutions Inc. in 2022 with headquarters in Vancouver, Canada, BioNxt recently receives European Patent Office intention-to-grant notice for its oral cladribine sublingual thin-film in November 2025, advances bioequivalence studies for human trials, acquires state-of-the-art coating and cutting equipment in 2024 to expand European manufacturing capacity, considers artificial intelligence acquisition to accelerate development, finalizes debt settlements and completes a roughly $4 million private placement, and pursues partnerships in obesity treatments and rotigotine patches for Parkinson's disease.