BioNTech and Matinas BioPharma Announce Exclusive Research Collaboration to Evaluate Novel Delivery Technology for mRNA-based Vaccines
April 11 2022 - 07:00AM
GlobeNewswire Inc.
BioNTech SE (Nasdaq: BNTX, “BioNTech”) and Matinas
BioPharma (NYSE AMER: MTNB, “Matinas”), a clinical-stage
biopharmaceutical company focused on redefining the
intracellular delivery of nucleic acids and small molecules with
its lipid nanocrystal (LNC) platform technology, announced today
that they have entered into an exclusive research collaboration to
evaluate the combination of mRNA formats and Matinas’ proprietary
LNC platform technology. The parties will closely collaborate on
formulation, optimization, and in vitro testing.
“We pioneered the treatment of the first patient
in history with nano-sized lipid-encapsulated mRNA back in 2015,
after years of extensive research. Accomplishing strong immune
responses with low doses are crucial in the development of
well-tolerated and highly effective vaccines. This can be achieved
with the right technology that enables targeted vaccine delivery,”
said Ugur Sahin, M.D., Chief Executive Officer and
Co-Founder of BioNTech. “Matinas’ LNC platform
demonstrates encouraging capabilities for intracellular delivery,
including the opportunity for oral delivery. We are excited to
collaborate with this extraordinary team of experts.”
“This collaboration with BioNTech is an
important validation from a leading global biotech company with
demonstrated expertise in the design, formulation, and delivery of
mRNA,” said Jerome D. Jabbour, Chief Executive Officer and
Co-Founder of Matinas. “We are thrilled to partner with
this world-class organization to further demonstrate the
capabilities of our LNC platform, and potentially provide an
opportunity for the oral administration of vaccines or other
treatments. Intracellular delivery remains a significant challenge
for many emerging therapies and the combination of oral
bioavailability with non-immunogenic transfection could potentially
benefit tens of millions of patients around the world.”
Under the terms of the agreement, Matinas will
receive an upfront access fee to work exclusively with BioNTech, as
well as additional research funding from BioNTech. The parties have
also commenced discussions on a license agreement for Matinas’ LNC
platform technology.
About BioNTech
Biopharmaceutical New Technologies is a next
generation immunotherapy company pioneering novel therapies for
cancer and other serious diseases. The Company exploits a wide
array of computational discovery and therapeutic drug platforms for
the rapid development of novel biopharmaceuticals. Its broad
portfolio of oncology product candidates includes individualized
and off-the-shelf mRNA-based therapies, innovative chimeric antigen
receptor T cells, bi-specific checkpoint immuno-modulators,
targeted cancer antibodies and small molecules. Based on its deep
expertise in mRNA vaccine development and in-house manufacturing
capabilities, BioNTech and its collaborators are developing
multiple mRNA vaccine candidates for a range of infectious diseases
alongside its diverse oncology pipeline. BioNTech has established a
broad set of relationships with multiple global pharmaceutical
collaborators, including Genmab, Sanofi, Bayer Animal Health,
Genentech, a member of the Roche Group, Regeneron, Genevant, Fosun
Pharma and Pfizer.
For more information, please
visit www.BioNTech.de.
BioNTech Forward-looking
Statements
This press release contains “forward-looking
statements” of BioNTech within the meaning of the Private
Securities Litigation Reform Act of 1995. These forward-looking
statements may include, but may not be limited to, statements
concerning: BioNTech’s collaboration with Matinas; the ability of
Matinas’ LNC delivery platform to facilitate the intracellular
delivery of nucleic acids following oral administration; and the
ability of BioNTech to commercialize mRNA medicines using the LNC
delivery platform, if successfully developed. Any forward-looking
statements in this press release are based on BioNTech current
expectations and beliefs of future events and are subject to a
number of risks and uncertainties that could cause actual results
to differ materially and adversely from those set forth in or
implied by such forward-looking statements.
For a discussion of these and other risks and
uncertainties, see the section entitled “Risk Factors” in
BioNTech’s Annual Report on Form 20-F for the Year Ended December
31, 2021, filed with the SEC on March 30, 2022, which is available
on the SEC’s website at www.sec.gov. All information in this
press release is as of the date of the release, and BioNTech
undertakes no duty to update this information unless required by
law.
About Matinas BioPharma
Matinas BioPharma is a biopharmaceutical company
focused on redefining the intracellular delivery of nucleic acids
and small molecules with its lipid nanocrystal (LNC) platform
technology. The Company is developing its own internal portfolio of
products as well as partnering with leading pharmaceutical
companies to develop novel formulations that capitalize on the
unique characteristics of the LNC platform.
Preclinical and clinical data have demonstrated
that this novel technology can provide solutions to many of the
challenges in achieving safe and effective intracellular delivery,
for both small molecules and larger, more complex molecules, such
as mRNA, DNA plasmids, antisense oligonucleotides and vaccines. The
combination of a unique mechanism of action and flexibility with
formulation and route of administration (including oral), positions
Matinas’ LNC technology to potentially become one of the leading
next-generation intracellular drug delivery vehicles.
For more information, please visit
www.matinasbiopharma.com.
Matinas Forward-looking
Statements
This release contains "forward-looking
statements" within the meaning of the Private Securities Litigation
Reform Act of 1995, including those relating to our business
activities, our strategy and plans, our collaboration with
BioNTech, the potential of our LNC platform delivery technology,
and the future development of its product candidates, the Company’s
ability to identify and pursue development, licensing and
partnership opportunities for its products or platform delivery
technology on favorable terms, if at all, and the ability to obtain
required regulatory approval and other statements that are
predictive in nature, that depend upon or refer to future events or
conditions. All statements other than statements of historical fact
are statements that could be forward-looking statements.
Forward-looking statements include words such as "expects,"
"anticipates," "intends," "plans," "could," "believes," "estimates"
and similar expressions. These statements involve known and unknown
risks, uncertainties and other factors which may cause actual
results to be materially different from any future results
expressed or implied by the forward-looking statements.
Forward-looking statements are subject to a number of risks and
uncertainties, including, but not limited to, our ability to obtain
additional capital to meet our liquidity needs on acceptable terms,
or at all, including the additional capital which will be necessary
to complete the clinical trials of our product candidates; our
ability to successfully complete research and further development
and commercialization of our product candidates; the uncertainties
inherent in clinical testing; the timing, cost and uncertainty of
obtaining regulatory approvals; our ability to protect the
Company’s intellectual property; the loss of any executive officers
or key personnel or consultants; competition; changes in the
regulatory landscape or the imposition of regulations that affect
the Company’s products; and the other factors listed under "Risk
Factors" in our filings with the SEC, including Forms 10-K, 10-Q
and 8-K. Investors are cautioned not to place undue reliance on
such forward-looking statements, which speak only as of the date of
this release. Except as may be required by law, the Company does
not undertake any obligation to release publicly any revisions to
such forward-looking statements to reflect events or circumstances
after the date hereof or to reflect the occurrence of unanticipated
events. Matinas BioPharma’s product candidates are all in a
development stage and are not available for sale or use.
Contacts
BioNTech
Media RelationsJasmina Alatovic+49 (0) 6131 9084
1513Media@biontech.de
Investor RelationsSylke Maas, Ph.D.+49 (0) 6131 9084
1074Investors@biontech.de
Matinas BioPharma
Peter VozzoICR Westwicke+1
443-213-0505peter.vozzo@westwicke.com
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