Biora Therapeutics Announces Clinical Trial Results For BT-600
Portfolio Pulse from Benzinga Newsdesk
Biora Therapeutics announced positive clinical trial results for BT-600, a drug-device combination using the NaviCap™ platform to deliver tofacitinib directly to colonic tissue for ulcerative colitis treatment. The trial met all objectives, showing effective drug absorption in the colon. A virtual event with key opinion leaders is scheduled for July 17.
July 01, 2024 | 12:01 pm
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POSITIVE IMPACT
Biora Therapeutics announced successful clinical trial results for BT-600, demonstrating effective colonic delivery of tofacitinib for ulcerative colitis. The trial met all objectives, indicating potential for future revenue growth.
The positive clinical trial results for BT-600 indicate that Biora's NaviCap™ platform is effective in delivering therapeutics directly to the colon, which could lead to future revenue growth and increased investor confidence. The upcoming virtual event may further boost interest.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100