BEVERLY HILLS, California—November 13, 2025. NoviThera ApS (“NoviThera”), a majority owned subsidiary of Nordicus Partners Corporation (OTCQB: NORD) (“Nordicus” or the “Company”), a financial consulting company specializing in supporting Nordic and U.S. life sciences companies in establishing themselves in the U.S. market, today announced it has initiated the first efficacy studies on animals.
Psoriasis is an Immune-mediated inflammatory disease that causes keratinocyte hyperproliferation and inflammation. The typical presentation is well-demarcated erythematous plaques with silvery scale on extensor surfaces, scalp, sacral area, nails (pitting, onycholysis). The disorder is typically treated with topical cream, phototherapy and severe cases with interleukin antibodies.
NoviThera is reporting more information about the program. We have established that psoriasis is formed when high concentration of an endogenous polypeptide is present. They are controlling the pathological process, and it is our hypothesis that removal/reduction of this polypeptide will cure and prevent progression of psoriasis.
How does the polypeptide work:
The polypeptide is a cathelicidin antimicrobial peptide produced by various cells, including keratinocytes and plays a crucial role in the innate immune response, exhibiting antimicrobial, immunomodulatory and wound-healing properties.
Psoriasis is a chronic inflammatory skin condition characterized by rapid skin cell proliferation and immune dysregulation.
The polypeptide helps defend against pathogens, reducing the risk of infections in psoriatic lesions. It acts at regulating the immune system and has a Pro-inflammatory Role in psoriasis, where it can exacerbate inflammation by promoting the activation of immune cells, such as dendritic cells and T cells. In addition, it regulates the Cytokine Production by stimulating the production of pro-inflammatory cytokines (e.g., IL-17, IL-22), which are pivotal in psoriasis pathogenesis. The overexpression of the polypeptide in psoriatic lesions can attract immune cells, further perpetuating inflammation and skin damage.
The polypeptide binds to self-DNA and self-RNA released from damaged keratinocytes. This protects nucleic acids from degradation and allows them to activate plasmacytoid dendritic cells (pDCs) via Toll-like receptor 9 (TLR9) or TLR7/8. Activated pDCs produce large amounts of type I interferons (especially IFN-α).
IFN-α activates myeloid dendritic cells, which present antigens and release cytokines (IL-12, IL-23). These promote differentiation of Th1 and Th17 cells, leading to secretion of IL-17, IL-22, IFN-γ, TNF-α. This drives keratinocyte hyperproliferation and the psoriatic plaque phenotype.
Ongoing activities:
We are currently running two preclinical mouse studies to document biological proof of concept. In the first study we perform intradermal injections at the plaque site and those animals that develop psoriasis will be treated with our proprietary Monoclonal antibody to demonstrate biological efficacy.
In the second study we are developing a humanized genetic mouse that can produce polypeptide. The polypeptide is only made in humans and not in animals. This will allow us to perform more animal studies.
After the studies have been completed, NoviThera plans to test the drug in toxicity studies during 2027 and in patients during 2028.
NoviThera is developing a novel anti Monoclonal anti Body treatment.
The invention was made by Allan Wehnert, CEO of NoviThera in conjunction with Nordicus.
About NoviThera:
NoviThera’s mission is to research and develop a novel and unique Monoclonal antibody (MaB) as a novel innovative therapy for the treatment of psoriasis.
About Nordicus Partners Corporation:
Nordicus Partners Corporation is the only U.S. publicly traded business accelerator and holding company for Nordic life sciences companies. Leveraging decades of combined management experience in domestic and global corporate sectors, Nordicus excels in corporate finance activities including business and market development, growth strategies, talent acquisition, partnership building, capital raising, and facilitating company acquisitions and sales. In 2024, Nordicus acquired 100% of Orocidin A/S, a Danish preclinical-stage biotech company developing next-generation therapies for periodontitis and 100% of Bio-Convert A/S, a Danish preclinical-stage biotech company dedicated to revolutionizing the treatment of oral leukoplakia. For more information about Nordicus, please visit: www.nordicuspartners.com, and follow us on LinkedIn, X, Threads and BlueSky.
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Kim T. Mücke is a Danish state authorized public accountant (authorization deposited in 2025). He was partner with Deloitte (Denmark) in the period 2002 to 2022 where he – among others – served as signing partner for various listed companies including companies that underwent IPO processes. In the years 2023-2024, Mr. Mücke was Head of Corporate Clients for BDO (Denmark). From 1 January 2025, Mr. Mücke has started as independent advisor,specialized in financial reporting, risk management and corporate governance. Mr. Mücke has a master’s degree in Auditing and Accounting from the Copenhagen Business School.
Mr. Ritter is a seasoned healthcare executive with over two decades of leadership experience across biotechnology, digital health, and other healthcare technologies. He has successfully led multiple company exits, taken a company public on NASDAQ, and advised leading private equity and venture capital firms throughout the investment lifecycle.
He began his career as the founder and CEO of Ritter Pharmaceuticals, a microbiome-based biotech company. Over 17 years, he advanced the company from early-stage development through Phase III clinical trials, led its IPO onto the NASDAQ, and later merged the company with QualigenTherapeutics. Following that success, Mr. Ritter led a turnaround and successful exit of Docbot, an AI-driven MedTech company. He is currently an Entrepreneur in Residence at Khosla Ventures, and serves as CEO of portfolio company Cairns Health, an AI-powered remote care solutions to support Home and Senior Care.
He has also served as a founding board member of Myosin Therapeutics, a biotech spin-out from Scripps Research, where he helped secure the company’s initial financing and supported its early growth. Mr. Ritter holds a B.A. in Political Science from the University of Southern California and an M.B.A. from the Wharton School of the University of Pennsylvania.