Novelix Pharmaceuticals Ltd — Important, 17-10-2025: Company Update

Novelix Pharmaceuticals has inked a technology transfer agreement with Germany's GMBU e.V. This strategic partnership aims to establish and scale up Astaxanthin production at Novelix's Hyderabad research facilities. This move is pivotal for the company, as it directly boosts its manufacturing capabilities and product pipeline in a key area. By acquiring advanced technology, Novelix is positioning itself for potential growth in a specialized pharmaceutical segment. The company clarified that this is not a related party transaction, and no special rights were granted.