Business Daily Media

Men's Weekly

.

LTS wins funding from BARDA’s Patch Forward Prize Competition for two partnerships

ANDERNACH, GERMANY - Newsaktuell - 14 January 2025 - LTS LOHMANN Therapie-Systeme AG ("LTS"), a leading pharmaceutical technology company, is proud to announces its selection as a Concept Stage winner for two projects in the #PatchForwardPrize, a $50 million challenge by the Biomedical Advanced Research and Development Authority (BARDA) to advance microneedle patch-based RNA vaccine technologies.



LTS
LTS' proprietary dissolvable microneedle array patch technology with mRNA vaccines aims for the development of next generation vaccine technologies. Source: LTS LOHMANN Therapie-Systeme AG

The Patch Forward Prize, part of the Project NextGen initiative led by BARDA, aims to accelerate next-generation vaccine technologies. By fostering partnerships between vaccine developers and delivery platform innovators, the competition drives progress from concept to clinical stages, paving the way for transformative advancements in global health. Each of the prizes announced today represents an award of US$ 2 million, that will be shared between LTS and its partners.

The awarded projects bring together LTS's proprietary dissolvable Microneedle Array Patch (MAP) technology with mRNA vaccines from two partners, BioNet, a biotech manufacturer specializing in genetically engineered vaccines and PopVax, an Indian full-stack biotechnology company developing broadly-protective mRNA vaccines using machine learning-enabled computational protein design.

Both projects aim to address critical challenges in vaccine stability, delivery, and adaptability, with the potential to improve patient access and compliance. The focus will be on seasonal influenza vaccines, with the ability to pivot to pandemic strains if necessary.

BioNet's approach tackles the ongoing challenge of influenza strain variability by developing a trivalent seasonal influenza mRNA vaccine (mIV3) that targets conserved regions of the hemagglutinin (HA) and neuraminidase (NA) proteins from dominant H1N1, H3N2, and B influenza viruses. These mRNA constructs are carefully selected to elicit broad protective immune responses against seasonal influenza.

PopVax is leading the effort to develop a seasonal influenza vaccine built on their novel mRNA-encoded immunogen display architecture and LNP platform. PopVax's immunogen design and display approach boosts the elicited strain-specific antibody response by as much as 250x in mice in comparison with a leading approved influenza vaccine, leading to significantly lower dosage requirements. This approach also elicits a broader immune response, including robust antibody titer against pandemic H5N1 influenza, a rising threat in the United States, despite not encoding an H5N1-specific immunogen.

LTS CEO Bas van Buijtenen commented: "As a front-runner in drug delivery, we care passionately about solutions that provide better outcomes and better patient experience. We are grateful and proud that Barda's Patch Forward prize provides an opportunity to BioNet, PopVax and LTS to create a breakthrough in vaccine administration. We look forward to delivering on the promise of the combination of our technologies through our joint programs."

"LTS Microneedle-Array-Patch (Map)-Program is proud to have received those 2 awards together with our partners PopVax and BioNet, with their innovative mRNA technologies", added Dr. Frank Theobald, Head of MAP Program at LTS. "The BARDA Patch Forward Price allows combination of 2 breakthrough technologies to be better prepared for the next pandemics to come. The financial support from BARDA will help to advance the MAP technology towards commercialization addressing an unmet medical need and offering the opportunity for self-administration as well as the opportunity for lowering the cold-chain requirements for mRNA."

- Picture is available at AP -


Hashtag: #FEV

The issuer is solely responsible for the content of this announcement.

About LTS

We CARE. We CREATE. We DELIVER. The driving philosophy behind LTS. As a trusted technology partner for the pharmaceutical industry, we develop and manufacture innovative drug delivery systems such as Transdermal Patches ("TTS") and Oral Thin Films ("OTF") as well as wearable drug delivery devices ("OBDS"). LTS´ commercial offering encompasses more than 20 marketed products and a diverse pipeline of more than 40 development projects targeting multiple disease indications. LTS's innovation pipeline contains both partner-funded as well as proprietary, LTS-funded projects. LTS maintains its leading position through the continuous refinement of its core TTS and OTF technologies and by advancing emerging drug delivery technologies, including Microneedle Array Patches ("MAP") for the transdermal delivery of small and large molecules, biological actives and vaccines. With its SorrelTM wearable drug delivery platform LTS offers patient friendly solutions for complex drugs delivery at home. Founded in 1984, LTS operates today from four sites: in Andernach, Germany, West Caldwell, NJ, USA, St. Paul, MN, USA and Netanya, Israel. LTS has also a representative office in Shanghai, China.

News from Asia

ISCA Launches $2 Million Career Support Programme to Help Jobseekers Pivot into Accountancy Profession

SINGAPORE - Media OutReach Newswire - 19 August 2025 - With the demand for accountancy and finance professionals growing amid Singapore's transition to a digital and sustainable economy, the Insti...

Veterinary Emergency Centre Launches 24/7 Emergency Care for Pets Now Offering Small Animal Internal Medicine Specialty Service & HomeVet Services

Tailored Solutions for Complex Pet Health IssuesHONG KONG SAR - Media OutReach Newswire - 20 August 2025 - To address the increasingly diverse medical needs of pet owners in Hong Kong, Veterinary...

J. Bruhin Muller Introduces New Luxury B3 NAD+ Serums with AI-Powered Skin Analysis

GENEVA, SWITZERLAND - Media OutReach Newswire – 20 August 2025 - Luxury skincare J. Bruhin Muller today announced the launch of new concentrated serums and sumptuous crème, formulated with Vitamin...

Foxconn Technology Invests US$30 Million in Robocore to Expand into Medical and Elderly Care Robotics Market

Projects 5X Revenue Growth by 2028, Accelerates Global Market Leadership and Paves the Way for IPOHONG KONG SAR - Media OutReach Newswire - 20 August 2025 - Robocore Technology Limited (Robocore)...

Hani Terraced Fields: A Paradise Harboring Ingenious Technology

BEIJING, CHINA - Media OutReach Newswire – 20 August 2025 – The year 2025 marks the 40th anniversary of China's accession to the World Heritage Convention, a milestone that highlights the country...

Vingroup awarded first-class labor order for outstanding achievements in developing the National Exhibition Fair Center

HANOI, VIETNAM - Media OutReach Newswire – 19 August 2025 – Vingroup was awarded the First-Class Labor Order in recognition of its exceptional achievements in developing the National Exh...

Algo Forest Showcases Hong Kong Fintech Power on World Stage with Revolutionary "AI Signals Page"

Invited to landmark meeting with Abu Dhabi Investment Office, as its Forex Forest ecosystem empowers global retail investors, crediting H.K. government policy and Belt and Road opportunities.HONG K...

BAC Education’s MUSIC4GOOD 2.0: The Polymaths Are Back

SELANGOR, MALAYSIA - Media OutReach Newswire – 20 August 2025 – Get ready to turn up the volume for a night of unforgettable music and meaningful impact! The Polymaths featuring Raja Singham, Azl...

Singapore’s Most Experiential Indoor Attraction, Museum of Ice Cream, Offers Unlimited Ice Cream in Up to 19 Flavours and Multi-Sensory Fun for All Ages

Museum of Ice Cream Singapore has attracted fans worldwide, including Bollywood stars Rucha Hasabnis, Juhi Parmar, and internet personality Aakriti Rana. Endless scoops of fun awa...

Carlsberg Asia launches Digital Acceleration Program to drive future growth across Asia

New regional strategy deepens digital platform partnerships, and fuels innovationHONG KONG SAR - Media OutReach Newswire - 20 August 2025 - A new chapter is underway at Carlsberg Asia, as the bra...

Portable Monitors for Coding and Programming Students

Today, coding and programming require more focus and efficiency. But, the most essential thing it demands is ample screen space. Students can stru...

Beyond the Banks: Why Agility and Tech Integration Are Defining the Future of Lending in Australia

In Australia’s evolving credit landscape, non-bank lenders are no longer merely filling gaps left by traditional institutions; they are actively r...

Carma appoints Owen Wilson as Chair of the Board

Carma’s next phase of growth to be guided by REA Group’s outgoing CEO who oversaw realestate.com.au rise to be Australia's #1 place for property ...

Digital Upgrade to Boost Efficiency Across Tasmanian Ports

TasPorts is undertaking a multimillion-dollar digital transformation that will improve efficiency, and enable smarter, more sustainable operations a...

Simplifying ecommerce integrations: How to streamline your setup without the stress

In today’s fast-moving retail world, having an ecommerce presence isn’t optional. Platforms like Shopify, WooCommerce, and Squarespace have lowered...

Shop Small Returns to Back the Small Businesses Supporting Local Communities

The annual Shop Small movement by American Express is returning for its 13th year in Australia to galvanise support for the country’s vibrant smal...

Sell by LayBy