Committee to Restore Nymox Shareholder Value Challenges Nymox CEO Averback to Publish 2022 FDA Refusal To File Correspondence Received May 10, 2022
The Committee to Restore Nymox Shareholder Value, LLC (CRNSV), with a goal to recover shareholder value in NYMOX PHARMACEUTICAL CORP ("NYMX-Q"), today challenges the Company to publish a rarely issued Refusal to File (RTF) Letter from the US Food and Drug Administration (FDA) in the pursuit of full transparency and in the interests of all shareholders. Investors will then be able to determine how close the Company’s lead product is to being approved in the critical US market for the purpose of treating Benign Prostatic Hyperplasia (BPH), as well as the claimed cancer treatment, as outlined in the recent press releases which recycled old news.
CRNSV believes this will highlight the failure of Nymox management to properly present this data to the FDA, which formally denied review of the New Drug Application (NDA) in a rarely issued RTF letter. It will refute recent statements regarding keyman status when the results are read.
Chris Riley, one of the founding members of CRNSV, says, “These veiled inferences and questionable tactics, including intimidating threats of lawsuits for CRNSV members as they attend meetings with major shareholders and potential partners who have demonstrated capability and patiently committed to address multiple gross deficiencies created by current management, typify the actions of a NYMOX management team of one individual. The leadership is presently in disarray and unable to function correctly as they again run out of funds.”
About The Committee to Restore Nymox Shareholder Value, LLC (CRNSV)
CRNSV was formed by former executives of the NYMOX PHARMACEUTICAL CORP ("NYMX-Q") with a goal to restore shareholder value in NYMOX (the Company). With a commitment to overcome the steep decline and volatility of the stock price following the catastrophic NASDAQ Delisting Decision, CRNSV has issued rebuttal letters to all Company shareholders and continues to emphasize lack of Company leadership, inability to realize the potential for valuable and promising results through a relationship with a highly respected global healthcare and specialty pharmacy solutions company; with expertise to help commercialize the Company’s benign prostatic hyperplasia (BPH) product, and Nymox’s lack of solution or plan for financial recovery of shareholder value. Headquartered in Carson City, Nevada with offices in London, CRNSV documents are available at https://www.crnsv.com/
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230727625352/en/
Contact information
Chris Riley
info@crnsv.com
About Business Wire
For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
ThetaRay Appoints Financial Markets Technology Leader Brad Levy as Chief Executive Officer21.1.2026 18:00:00 EET | Press release
ThetaRay, a global leader in Cognitive AI financial crime compliance, today announced the appointment of Brad Levy as Chief Executive Officer. Levy, a leading financial markets infrastructure executive and former CEO of Symphony, will lead ThetaRay’s next phase of growth as the company continues to scale its Cognitive AI platform, now emerging as the leading AI strategy and technology for transaction monitoring and transaction due diligence, across banks and fintechs worldwide. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260121002476/en/ ThetaRay Appoints Brad Levy as CEO Levy brings decades of experience building and leading mission-critical financial infrastructure at scale. Most recently, he served as CEO of Symphony, the financial markets infrastructure and technology platform established by a consortium of leading global banks, including Goldman Sachs and other major financial institutions, and relied upon by hundred
HCL Group and UpLink Announce Winners of ‘Water Resilience Challenge’ Under the Aquapreneur Innovation Initiative21.1.2026 17:02:00 EET | Press release
HCL Group, a leading global conglomerate, and UpLink, the World Economic Forum’s early-stage innovation initiative, have announced the winners of the ‘Water Resilience Challenge,’ the fourth in a series of five challenges under the five-year, CHF 15 million Aquapreneur Innovation Initiative launched by HCL Group. The announcement marks a significant step in the ongoing mission to address global water challenges through innovation and entrepreneurship. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260121697759/en/ Roshni Nadar Malhotra, Chairperson of HCL Group, congratulates the winners of ‘Water Resilience Challenge’ under the Aquapreneur Innovation Initiative in Davos. After evaluating over 300 submissions from around the world, 10 Aquapreneurs from nine countries were selected for their innovative solutions in the freshwater sector. This year’s winners, termed ‘UpLink Ventures and Aquapreneurs,’ represent a diverse set o
Weber Expands Smart Grilling Portfolio to Create the Backyard's First Seamless, Smart Ecosystem21.1.2026 17:00:00 EET | Press release
Weber, one of the global leaders in high-performance, high-quality outdoor cooking technology and products, today unveiled its 2026 lineup of grills and accessories. The new portfolio delivers a totally seamless smart ecosystem for grilling by connecting smart grills, accessories, and the WEBER CONNECT® App across all major fuel types to elevate the everyday with more confidence, control, and consistently delicious results. The 2026 lineup expands smart cooking options for charcoal grilling with the Performer® Smart Charcoal Grill and Kettle Smart Ring. Updated models of the popular GENESIS® and SPIRIT® smart gas grills feature Wi-Fi® and Bluetooth® enabled, battery-operated digital thermometers. The new Smart Wireless Probe Plus with Booster and Charger can be used with any grill, enabling precise temperature monitoring regardless of fuel type. All Weber smart products—grills, accessories, and the WEBER CONNECT App—sync to create an integrated, connected cooking experience. “The Weber
illumynt Appoints Chris Tejeda as Chief Revenue Officer21.1.2026 16:47:00 EET | Press release
illumynt today announced the promotion of Chris Tejeda to Chief Revenue Officer (CRO), reflecting the company’s continued growth and expanding global footprint. In his new role, Tejeda will lead illumynt’s global revenue strategy, customer engagement, and strategic partnerships as demand accelerates for secure, technology-driven IT Asset Disposition (ITAD) solutions. “Chris has been instrumental in aligning our commercial strategy with the evolving needs of hyperscale and enterprise customers,” said CEO Joerg Herbarth. “As AI accelerates infrastructure refresh cycles and raises the bar for security and compliance, his leadership will be critical to scaling illumynt with focus, transparency, and customer trust.” Tejeda brings extensive experience in enterprise technology services and has played a key role in illumynt’s recent momentum, including significant revenue growth and the expansion of advanced capabilities across AI/GPU diagnostics, automation, and value recovery. View source ve
Andersen Consulting Strengthens Digital Transformation Offering with Addition of Internet & Idee21.1.2026 16:30:00 EET | Press release
Andersen Consulting enters into a Collaboration Agreement with Internet & Idee, an Italian-based digital consulting agency, enhancing its ability to deliver integrated, tech-driven solutions. Founded in 1998, Internet & Idee delivers digital strategy, software development, Testing & QA, e-commerce, and mobile solutions. The firm operates across two core areas: IT consulting services and proprietary SaaS products, including credit management and cybersecurity monitoring tools. With deep expertise in banking, insurance, credit management, and luxury e-commerce logistics, Internet & Idee combines sector insight with technical innovation to drive business performance. “This collaboration allows us to apply our digital and sector expertise at greater scale,” said Carlo Stumpo, CEO of Internet & Idee. “Together with Andersen Consulting, we can deliver more targeted, effective solutions for clients facing complex challenges in highly regulated and fast-moving industries.” Mark L. Vorsatz, glo
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom
