03 April 2026
Disclaimer: This is a simplified summary of a public company filing. See full disclaimer here.
JUPITER NEUROSCIENCES, INC.
CIK: 1679628•2 Annual Reports•Latest: 2026-04-01
10-K / April 1, 2026
Revenue:$21,796
Income:-$8,644,897
10-K / March 28, 2025
Revenue:N/A
Income:-$2,439,625
10-K / April 1, 2026
Jupiter Neurosciences, Inc.
Company focus
- Clinical-stage research and development company focused on neuroinflammation and CNS disorders using a resveratrol-based platform.
- Primary platform: JOTROL™, an enhanced oral formulation of resveratrol designed to improve bioavailability.
- Two operating segments:
- Nugevia: premium consumer nutraceutical line (longevity and wellness).
- Pharmaceutical operations: development of drug candidates based on JOTROL™ for CNS and rare diseases.
What the company does
- Develops and advances drug candidates built on the JOTROL™ micellar resveratrol platform, with a current top priority on Parkinson’s disease (JNS115, Phase IIa).
- Maintains a consumer health and wellness business under the Nugevia brand; launched March 2025 with DTC sales beginning in Q4 2025.
- Pursues collaborations and out-licensing opportunities, particularly in Asia, with milestone, royalty, and equity-based arrangements.
- Holds an exclusive worldwide license from Aquanova for JOTROL™ technology, including related IP and manufacturing know-how (NovaSOL® micellar delivery).
Product pipeline and development
JOTROL™ platform
- Core product: micellar resveratrol formulation delivered in softgels (100 mg per capsule).
- Exclusive global license with Aquanova; co-owned patent family with expiry in 2036 and filings/grants covering the US, Japan, China, Hong Kong, and parts of Europe.
- Licensing terms: worldwide exclusivity; $20,000 upfront; $75,000 annual license fee; $200,000 milestone per territory upon regulatory approval; 5% royalties on net sales; option to reduce royalties to 1.25% in exchange for a $3 million one-time payment under specified agreement terms.
Pipeline indications and status
- JNS115 — Parkinson’s Disease (PD): Phase IIa IND finalized by FDA Nov 2025; first dosing expected Q2 2026; multicenter US trial with ~30 participants across three centers; primary goals include metabolic and biomarker endpoints; topline results anticipated ~12 months after first dosing.
- JNS108 — Mild Cognitive Impairment / early Alzheimer’s Disease (MCI/early AD): prior Phase II work and NIH/NIA grant activity; Phase II planning contingent on PD program results and additional grant support.
- JNS102 — MPS I and JNS107 — MELAS: proposed Phase II studies targeting rare diseases with potential CNS involvement.
Other development notes
- Cross-referencing of prior Phase I resveratrol data with future trials requires FDA approval; current cross-reference use is applied to the Parkinson’s Phase IIa study.
Nugevia brand (consumer wellness)
- Launch and products:
- Nugevia GLO: supports skin vitality and cellular functions.
- Nugevia MND: supports cognitive resilience and mental clarity.
- Nugevia PWR: supports mitochondrial function and energy.
- Availability and channel:
- Ships in the US with planned international market expansion.
- Initial product formulations and DTC sales began in Q4 2025 via the Nugevia website.
- Marketing and partnerships:
- Brand ambassadors include Annika Sörenstam and Chris Webber.
- Manufacturing uses Aquanova (NovaSOL® Astaxanthin) with US encapsulation and fulfillment; supply chain includes multiple suppliers and a final fulfillment center in the US.
- Southeast Asia expansion through service agreements with Longevity Technology Group Limited, Regis Healthcare Group Limited, and Optimize Wellness Limited; strategic partner Dominant Treasure Health Company Limited for China and Southeast Asia.
- Regulatory environment:
- Nugevia products are dietary supplements subject to DSHEA, cGMP, and related labeling/health-claim limitations in the US and comparable frameworks abroad (e.g., EFSA in the EU); international markets have varying regulatory requirements such as EU Novel Food and regional restrictions.
Intellectual property and licensing
- Key IP: worldwide exclusive license with Aquanova for the JOTROL™ micellar formulation technology; joint ownership of a patent family covering resveratrol solubilization for pharmaceutical use.
- Patent protection: filings and grants in multiple jurisdictions with patent family expiry in 2036.
- The company augments patent coverage with trade secrets and confidential information.
- Trademark activity: intent-to-use filings for JOTROL™ and Nugevia in the US; ongoing brand protection efforts.
Manufacturing and collaborators
- Primary clinical trial manufacturing: Catalent (clinical supplies and production of active and placebo batches for the PD study).
- Primary drug-delivery platform provider: Aquanova (NovaSOL® micellar technology) under exclusive license for JOTROL™.
- Asian development service providers: Optimize Wellness Limited, Regis Healthcare Group Limited, Longevity Technology Group Limited (service agreements with stock-based pre-payments).
Financial snapshot (as of year-end 2025)
- Revenue:
- 2025: $21,796
- 2024: $0
- Net loss:
- 2025: $(8,644,897)
- 2024: $(2,439,625)
- Cash and liquidity:
- Cash and cash equivalents as of December 31, 2025: $3,789,342
- Accumulated deficit:
- As of December 31, 2025: $(34,667,026)
- As of December 31, 2024: $(26,022,129)
- Financing and capital structure:
- December 2024 public offering: gross proceeds of $11 million (2,750,000 shares at $4.00 per share); common stock began trading on Nasdaq as JUNS.
- Standby Equity Purchase Agreement with Yorkville: up to $20 million of potential equity financing, including convertible notes; actual draws depend on market conditions.
- Use of proceeds: funds intended for Phase II efforts in JOTROL™ (PD), Southeast Asia development activities, manufacturing for clinical supplies, and general R&D, working capital, and corporate purposes.
Personnel
- As of December 31, 2025:
- 5 full-time employees
- 2 full-time consultants
- 3 part-time consultants
- 6 Scientific Advisory Board members
- Core R&D and operations personnel: 10 (excluding SAB)
Upcoming milestones
- JNS115 PD Phase IIa trial: first dosing planned in Q2 2026; topline results anticipated ~12 months after first dosing.
- Continued development and potential expansion of JOTROL™ into MCI/early AD and other indications, subject to regulatory feedback and funding.
- Nugevia product scaling and international expansion, with ongoing marketing, regulatory compliance, and supply-chain management.
Summary
Jupiter Neurosciences is a small, early-stage biopharma and consumer health company using the JOTROL™ resveratrol delivery platform to pursue CNS and rare-disease drug development, with Parkinson’s disease as the current priority, while operating a consumer wellness business under the Nugevia brand. The company operates with a lean staff, relies on partner manufacturing and Asian development agreements, and has modest current revenue from the Nugevia line alongside ongoing operating losses and a material accumulated deficit. Funding sources include a December 2024 public offering and a Yorkville SEPA facility, with future progress tied to clinical development, partnerships, and regulatory outcomes.
