Matinas BioPharma Announces Collaboration with National Resilience to Explore and Evaluate Novel LNC Platform Delivery Technology for Certain Nucleic Acids
January 12 2023 - 7:00AM
Matinas BioPharma (NYSE AMER: MTNB), a clinical-stage
biopharmaceutical company focused on redefining the
intracellular delivery of nucleic acids and small molecules with
its lipid nanocrystal (LNC) platform technology, today announced a
strategic collaboration with National Resilience, Inc.
(Resilience), a technology-focused manufacturing company dedicated
to broadening access to complex medicines. The parties have entered
into a Material Transfer and Evaluation Agreement focused on
exploring the potential for oral delivery of identified nucleic
acids. The parties will closely collaborate on a comprehensive
research program comprising the design, formulation, optimization,
and in vitro and in vivo testing of these nucleic acid formats in
combination with Matinas’ proprietary LNC platform. Terms of the
collaboration were not otherwise disclosed.
“Our mission is dedicated to unlocking and
delivering the full clinical potential of therapies that require
intracellular delivery,” said Jerome D. Jabbour, Chief Executive
Officer and Co-founder of Matinas. “We are thrilled to collaborate
with this world-class organization to further demonstrate the
capabilities of our LNC platform. We view Resilience as an ideal
platform partner and we are excited to work together with them in
support of their mission to allow scientists to make their
therapies quickly, safely and at scale, so patients around the
world can have access to the medicines they need. Importantly, the
nature of our collaboration and relationship with Resilience is
distinct and different from our ongoing work with BioNTech, which
allows us to pursue multiple potential applications for our LNC
platform in the nucleic acid space simultaneously.”
Matinas’ LNC platform delivery technology offers
the potential for next generation intracellular drug delivery
beyond lipid nanoparticles and viral vectors with potential
advantages across a broad range of therapeutics, including oral
bioavailability. The primary component of the LNC technology
facilitates preferential cellular uptake by certain phagocytes and
cells enabling extra-hepatic targeting and delivery with no
observed evidence of immunogenicity or cytotoxicity.
About Matinas BioPharma
Matinas BioPharma is a biopharmaceutical company
focused on improving 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 the
preferred next-generation intracellular drug delivery vehicle with
distinct advantages over both lipid nanoparticles and viral
vectors.
For more information, please visit
www.matinasbiopharma.com.
About ResilienceResilience is a
technology-focused biomanufacturing company dedicated to broadening
access to complex medicines. Founded in 2020, the company is
building a sustainable network of high-tech, end-to-end
manufacturing solutions to ensure the treatments of today and
tomorrow can be made quickly, safely, and at scale. Resilience
seeks to free its partners to focus on the discoveries that improve
patients’ lives by continuously advancing the science of
biopharmaceutical manufacturing and development. For more
information, visit www.Resilience.com and follow us on social
media: @IncResilience on Twitter and Resilience on
LinkedIn.
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 collaborations with
Resilience and BioNTech SE, 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.
Source: Matinas BioPharma Holdings, Inc.
Investor and Media Contacts
Ankit Bhargava, MD
Allele Communications, LLC
815.721.4912
matinas@allelecomms.com
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