Innobooster grant · Biotech

Biograil receives more than DKK4m for oral drug delivery research

The Innobooster grant supports preclinical, manufacturing and regulatory work on Biograil’s BIONDD capsule ahead of planned human trials.

Biograil announced a second Innobooster grant of more than DKK4 million on 14 March 2022. The non-dilutive funding was intended to advance its BIONDD oral drug delivery technology alongside internal company funds.

The Danish biotechnology company planned preclinical, manufacturing and regulatory work to prepare for Phase 1 studies. The project included technical partners SPT Vilecon, Bioneer and Scantox.

BIONDD is designed to deliver medicines through the gastrointestinal wall from a swallowable capsule. Biograil’s aim is to offer an oral route for biologic treatments that would otherwise require injection. The grant financed development and trial preparation; the announcement did not report approval to begin human studies.

Use of funds

Preclinical work on BIONDD

Manufacturing development

Regulatory preparations for Phase 1 studies

Funding history

Innobooster grant · This round>DKK 4M
Seed 2€3.2MSeed round€3M

Sources

  1. Biograil Receives Innobooster Grantbiograil.com · Mar 14, 2022