Bioasis Technologies Inc. and Aposense Enter into a Research Collaboration
01 April 2021 - 7:05AM
Bioasis Technologies Inc. (TSXV:BTI; OTCQB:BIOAF),
(“Bioasis” or the “Company”), a pre-clinical, research-stage
biopharmaceutical company developing its proprietary xB3 TM
platform technology for the delivery of therapeutics across the
blood-brain barrier (BBB) and the treatment of CNS disorders in
areas of high unmet medical need, including brain cancers and
neurodegenerative diseases, is pleased to announce that it has
formed a research collaboration with Aposense Limited
(
“Aposense”). Aposense is a highly innovative
Israeli bio-pharmaceutical company, specializing in development of
novel drugs, utilizing membrane electrical forces. The research
collaboration will focus on the delivery of siRNA into the brain.
Dr. Deborah Rathjen, Bioasis’ Executive Chair said, “The
non-invasive delivery of genetic therapies such as siRNA into the
brain has proved challenging. Neurological diseases affect over a
billion people worldwide and to address this challenge Bioasis has
developed a revolutionary technology that delivers effective
treatments across the blood-brain barrier. With the recent
publication of data demonstrating efficacy associated with
xB3-siRNA knock-down of the NOX4 gene in a model of stroke, we are
pleased to have formed this collaboration with Aposense and we look
forward to progressing the discovery and development of new
siRNA-based drugs incorporating our xB3 platform, enabling the
treatment of serious neurological conditions.”
“siRNA therapeutics for CNS disorders holds the potential to
address devastating diseases of great unmet medical need, and an
immediate expansion area for Aposense. Accordingly, we are thrilled
to incorporate our vast know how in the design and delivery of
siRNA-based drugs with the xB3 BBB delivery platform developed by
Bioasis,” commented Yuval Gottenstein the CEO of Aposense.
Contacts
On behalf of the Board of Directors of Bioasis Technologies
Inc.
Deborah Rathjendeborah@bioasis.us+1 203 533 7082
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About Bioasis
Bioasis Technologies Inc. is a biopharmaceutical company
developing the xB3 ™ platform, a proprietary technology for the
delivery of therapeutics across the blood brain barrier and the
treatment of CNS disorders in areas of high unmet medical need,
including brain cancers and neurodegenerative diseases. The
delivery of therapeutics across the blood brain barrier represents
the final frontier in treating neurological disorders. The in-house
development programs at Bioasis are designed to develop symptomatic
and disease-modifying treatments for brain-related diseases and
disorders. For more information about the Company, please visit
www.bioasis.us.
About Aposense Limited
Aposense is a highly innovative Israeli bio-pharmaceutical
company, specializing in development of novel drugs, utilizing
membrane electrical forces. Among others, Aposense developed a
universal platform entitled Molecular Nano-Motors (MNMs) for the
delivery of genetic drugs, such as siRNA, into cells.
https://aposense.com/
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