Biora Therapeutics Shares Progress on Smaller BioJet™ Clinical Device with Largest Payload of any Ingestible Injectable at the 14th Annual PODD Meeting
October 28 2024 - 8:00AM
Biora Therapeutics, Inc. (Nasdaq: BIOR), the biotech company
reimagining therapeutic delivery, today is sharing progress on its
development of the BioJet™ Oral Delivery Platform, which is
designed to replace injection with needle-free, oral delivery, at
the 14th Annual Partnership in Drug Delivery (PODD) meeting in
Boston, Massachusetts.
“We have now demonstrated the ability to autonomously deliver to
the small intestine in canine models with our smaller, 00-size
BioJet device, a size that is desired by both patients and pharma
companies,” said Adi Mohanty, Chief Executive Officer of Biora
Therapeutics. “We have agreed with existing mega-cap pharma
collaborators to rapidly progress development in advanced animal
models. The goal of this approach is to maximize licensing
potential by enabling agreements within multiple verticals using a
form factor desired by all our collaborators. We believe this is
preferable to an exclusive development path based on the larger,
000-size device. We anticipate completing full functional testing
in Q4 2024 and molecule-specific feasibility testing during Q1
2025.”
BioJet delivery technology has been proven in over 30 in vivo
studies with both internal and collaborator molecules. The BioJet
platform has achieved oral bioavailability greater than 30% vs.
intravenous administration for molecules including peptides,
antibodies, and antisense oligonucleotides, which equates to 60–80%
oral bioavailability compared to subcutaneous injection.
The BioJet delivery device is a swallowable, needle-free
autoinjector that uses liquid jet injection to deliver existing
liquid drug formulations into the submucosa of the small intestine.
With the ability to deliver doses greater than 50 milligrams,
BioJet offers the largest drug payload among ingestible
injectables. Its size has been successfully decreased from capsule
size 000 to size 00, while increasing payload capacity to over 300
microliters.
About the BioJet™ Oral Delivery PlatformBiora’s
BioJet platform for oral delivery of macromolecules is designed to
replace injection with needle-free, oral delivery. The BioJet
device is a swallowable autoinjector that uses liquid jet injection
to deliver drug into the submucosa of the small intestine.
The BioJet platform is designed to provide category-leading oral
bioavailability for a wide range of molecules, including proteins,
peptides, and nucleic acids. The 00-size BioJet device delivers
standard liquid drug formulations with a capacity of >300
microliters. It offers the largest drug payload of any ingestible
injectable, with the ability to deliver doses greater than 50
milligrams.
About Biora TherapeuticsBiora Therapeutics is a
clinical-stage biotech company developing two smart pill-based
therapeutics platforms: the NaviCap™ platform for colon-targeted
treatment of IBD, designed to improve patient outcomes through
treatment at the site of disease in the gastrointestinal tract, and
the BioJet™ platform for oral delivery of large molecules, designed
to replace injection with needle-free, oral delivery.
For more information, visit bioratherapeutics.com or follow the
company on LinkedIn or X.
Safe Harbor Statement or Forward-Looking
StatementsThis press release contains “forward-looking
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the Private Securities Litigation Reform Act of 1995, which
statements are subject to substantial risks and uncertainties and
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other factors include, among others, our ability to innovate in the
field of therapeutics, our ability to make future FDA filings and
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filed with the Securities and Exchange Commission (SEC) and other
subsequent documents, including Quarterly Reports on Form 10-Q,
that we file with the SEC.
Biora Therapeutics expressly disclaims any obligation to update
any forward-looking statements whether as a result of new
information, future events or otherwise, except as required by
law.
Investor ContactChuck PadalaManaging Director,
LifeSci AdvisorsIR@bioratherapeutics.com (646) 627-8390
Media ContactLiz RobinsonCG
Lifelrobinson@cglife.com
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