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BioNxt Solutions Inc. ("BioNxt" or the "Company") (CSE:BNXT)(OTC PINK:BNXTF)(FSE:BXT), a bioscience innovator specializing in advanced drug delivery systems, is pleased to announce the expansion of its intellectual property portfolio with the filing of new international patents for sublingual delivery technologies targeting autoimmune neurodegenerative diseases.
Building upon the positive International Preliminary Report on Patentability (IPRP) issued by the European Patent Office (EPO) in September 2024, BioNxt has initiated national-level filings in key jurisdictions, including the United States, Canada, Europe, and Japan. These patents are designed to protect the Company's proprietary sublingual formulations of anticancer drugs repurposed for the treatment of conditions such as Multiple Sclerosis (MS).
"Securing robust intellectual property rights across major markets is a critical component of our strategy to bring innovative, patient-friendly therapies to individuals affected by autoimmune neurodegenerative diseases," stated Hugh Rogers, CEO of BioNxt Solutions. "Our sublingual delivery platform offers significant advantages in terms of rapid absorption and ease of administration, particularly for patients experiencing difficulty swallowing."
BioNxt's lead product, BNT23001, is a proprietary sublingual thin-film formulation of Cladribine for the treatment of MS. Preclinical studies, as reported in internal research data and third-party evaluations, have demonstrated high absorption rates and bioequivalence to existing oral therapies, with plans underway to commence clinical trials in 2025, subject to regulatory approval.
In addition to MS, the Company is advancing sublingual Cladribine formulations for Myasthenia Gravis (MG), addressing a significant unmet need in this patient population. The global MG market is projected to reach USD 6.7 billion by 2032 (Clinical Trials Arena), highlighting the substantial opportunity for innovative treatments.
Strategic Vision for 2025 and Key Milestones
As BioNxt enters 2025, the Company has set a series of critical milestones to advance its sublingual drug delivery platform and bring its innovative therapies closer to commercialization. Key objectives for 2025 include:
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Initiation of Clinical Trials: Launching comparative bioequivalence trials for BNT23001, BioNxt's proprietary sublingual Cladribine formulation for Multiple Sclerosis (MS).
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Regulatory Submissions: Preparing and submitting clinical trial applications (CTAs) in key jurisdictions to support clinical trial activities.
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Partnership Development: Pursuing strategic partnerships with pharmaceutical and biotech companies to accelerate development and commercialization pathways.
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Pipeline Expansion: Advancing the development of sublingual therapies and exploring additional applications for its sublingual delivery technology.
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Investor and Industry Engagement: BioNxt's management will actively participate in key industry conferences throughout 2025, to meet with industry leaders, engage with investors, and explore potential strategic partnerships.