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Biora Therapeutics, Inc. - $BIOR STOCK NEWS

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Biora Therapeutics, Inc. (Nasdaq: BIOR) will present clinical data on the device function of the NaviCap™ Oral Delivery Platform at Digestive Disease Week 2024. The presentation will include results of human device function studies in healthy volunteers and patients with UC. The abstract will be presented by Shaoying Nikki Lee, PhD, Director of Clinical and Translational Science at Biora Therapeutics, Inc.

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Biora Therapeutics, Inc. (Nasdaq: BIOR) announces the completion of dosing for multiple-ascending dose cohorts in the clinical trial of BT-600 for potential treatment of ulcerative colitis. Final results expected in late Q2 2024. The trial evaluated daily doses of BT-600 for seven days at 5 mg and 10 mg tofacitinib or placebo in healthy adult participants. Positive interim results from the single-ascending dose portion have been previously shared.

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Biora Therapeutics, Inc. announces the issuance of a new patent related to the company’s BioJet™ platform for oral, systemic delivery of biotherapeutics. The patent covers key parameters for liquid jet delivery of drugs to the gastrointestinal tract, showing promising results in preclinical testing. Biora holds a strong patent position with multiple issued patents and pending applications, positioning them as a leader in innovative therapeutic delivery technologies.
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Biora Therapeutics, Inc. shares positive interim results from the phase 1 clinical trial of BT-600, a drug-device combination for ulcerative colitis treatment. The trial demonstrates successful pharmacokinetic endpoints, localized drug delivery to the colon, reduced systemic drug exposure, and improved colonic tissue exposure. The NaviCap platform shows potential for enhanced efficacy and reduced toxicity risks. The MAD portion of the trial is ongoing, with final results expected in late Q2 2024.
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Biora Therapeutics, Inc. (BIOR) successfully closed a registered direct offering of 5,454,548 shares of common stock at $1.10 per share, along with a private placement of warrants. The total gross proceeds amounted to approximately $6,000,000. H.C. Wainwright & Co. served as the exclusive placement agent. The net proceeds will be utilized for operational support, ongoing clinical trials, further development of oral biotherapeutics platforms, and general corporate purposes.
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Biora Therapeutics, Inc. (BIOR) announces a registered direct offering of 5,454,548 shares of common stock at $1.10 per share and a concurrent private placement of unregistered warrants. The offering is priced at-the-market under Nasdaq rules.
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Biora Therapeutics, Inc. (BIOR) reports successful results from the single-ascending dose (SAD) portion of the BT-600 clinical trial, demonstrating targeted drug delivery to the colon with lower systemic drug levels. The company is progressing well with the remainder of the trial and BioJet platform. Financially, Biora reduced net debt by 75% in 2023 and raised $19.8 million through note exchanges. The company aims to conclude the BT-600 trial in Q2 2024 and plans a clinical study for ulcerative colitis patients in H2 2024.
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Biora Therapeutics, Inc. (Nasdaq: BIOR) will report financial results and provide a corporate update for Q4 and full year 2023 on March 26, 2024. A webcast and conference call will be hosted by the company's management. Details for the call are provided for interested parties.
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Biora Therapeutics, Inc. secures $3 million in nondilutive capital through the monetization of legacy assets and $2.8 million in new capital from a convertible notes exchange with Context Capital. The company has significantly reduced its debt by over $80 million and attracted $19.8 million in new capital from institutional investors. Biora continues to optimize its capital structure and advance its therapeutic programs, with upcoming data release from the SAD portion of its phase 1 clinical trial.
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Biora Therapeutics, Inc. completes SAD cohorts for BT-600 clinical study, with MAD dosing to start in March. The drug-device combination aims to treat ulcerative colitis by delivering tofacitinib directly to the colon for improved efficacy and reduced adverse events. Data from the SAD portion to be shared in March corporate update.
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Biora Therapeutics, Inc.

Nasdaq:BIOR

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26.96M
13.75M
7.91%
64.14%
4.42%
Medical Laboratories
Health Care and Social Assistance
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United States of America
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progenity helps patients and their families prepare for life, with medically relevant health information starting before conception, through pregnancy, childhood, and adulthood. using our highly-complex molecular diagnostic testing, healthcare providers can access the most advanced genomic technology to guide patient care at critical life stages.