NLS Pharmaceutics Ltd. and Kadimastem Ltd. have completed a merger to form NewcelX Ltd., a Swiss clinical-stage biopharmaceutical company. The newly combined company brings together Kadimastem's advanced cell-therapy platforms with NLS's expertise in neuroscience and small-molecule drug development, aiming to create innovative treatments for neurodegenerative and metabolic diseases. In connection with the merger, the companies raised approximately $9 million through equity financing and warrant exercises, with additional financial support from a $25 million Equity Line of Credit facility. NewcelX has outlined plans for multiple clinical milestones over the next year, including a Phase 2a clinical study in ALS and expansion of its therapeutic pipeline. The update was disclosed by NewcelX Ltd.