Turn Therapeutics Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement
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| Item 1.01 | Entry into a Material Definitive Agreement. |
On October 27, 2025, Turn Therapeutics, Inc. (the “Company” or “Turn”) entered into a Global Supply, Development, and License Agreement (the “Agreement”) with Medline Industries, LP (“Medline”), the world’s largest privately held manufacturer and distributor of medical-surgical products.
Pursuant to the Agreement, Turn and Medline will collaborate to develop, manufacture, and commercialize professional and consumer health products that leverage Turn’s proprietary PermaFusion® delivery platform. Medline will lead global commercialization and distribution across its professional and retail networks in more than one hundred countries and territories, while Turn will contribute its formulation expertise, intellectual property, and clinical development capabilities.
The Agreement establishes a multi-year framework for supply and co-development activities, including manufacturing scale-up for Turn’s PermaFusion-based formulations and the co-branding of future products in the professional and retail space(s).
The initial term of the Agreement is three years, and the Agreement shall automatically renew for successive one-year periods unless either party provides written notice of non-renewal at least one 120 days before the end of the then-current term. The Agreement includes customary representations and warranties for an agreement of this type.
The foregoing description of the Agreement contained in Item 1.01 of this Current Report on Form 8-K does not purport to be complete and is qualified in its entirety by reference to the full text of the Agreement, a copy of which is filed herewith as Exhibit 10.1 and incorporated by reference herein.
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits
| Exhibit No. | Description | |
| 10.1 | Material Supply and Development Agreement, dated October 27, 2025, by and between Turn Therapeutics, Inc. and Medline Industries, LP†# | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
† Certain of the exhibits and schedules to this exhibit have been omitted in accordance with Regulation S-K Item 601. The Company agrees to furnish a copy of all omitted exhibits and schedules to the U.S. Securities and Exchange Commission (the “SEC”) upon its request.
# Certain portions of this exhibit have been redacted pursuant to Regulation S-K Item 601(b)(10)(iv). The Company hereby agrees to furnish supplementally an unredacted copy of the exhibit to the SEC upon its request.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| TURN THERAPEUTICS INC. | ||
| Date: October 28, 2025 | ||
| By: | /s/ Bradley Burnam | |
| Name: | Bradley Burnam | |
| Title: | Chief Executive Officer | |