Serina Therapeutics: Revolutionizing Parkinson's Treatment
Monday, Dec 2, 2024 5:29 pm ET
SER --
Serina Therapeutics, Inc. (SER) is a clinical-stage biotechnology company focused on developing innovative therapies for neurological diseases, particularly Parkinson's disease. With a pipeline of proprietary drug candidates enabled by its POZ Platform™ delivery technology, Serina is poised to make a significant impact on the lives of advanced Parkinson's patients.
One of Serina's most promising assets is SER-252, a POZ conjugate for the treatment of Parkinson's disease. SER-252 is designed to provide continuous dopaminergic stimulation (CDS), which has been shown to reduce the severity of levodopa-related motor complications, such as dyskinesia, and enable greater on-time with reduced off-time. This innovative approach offers advanced Parkinson's patients a more convenient and comfortable means of receiving CDS through a long-acting, easy-to-administer subcutaneous injection without skin reactions, thanks to Serina's partnership with Enable Injections for the enFuse™ wearable drug delivery platform.
Serina's strategic partnership with Juvenescence Limited has significantly contributed to its post-merger success. Post-merger, Juvenescence's investment of $15 million in tranches over three years has provided crucial capital to advance Serina's pipeline, including SER-252 for advanced Parkinson's disease, into clinical trials. Additionally, Juvenescence's deep pharmaceutical expertise and network have assisted Serina in maximizing value for stockholders.
The integration of Serina Therapeutics and AgeX Therapeutics in March 2024 has bolstered the combined company's financial stability and growth prospects. Post-merger, Serina, now listed as SER on the NYSE American, has demonstrated steady financial performance. In Q1 2024, Serina reported $5.1 million in revenue, a 35% increase from Q1 2023. This growth can be attributed to the expanded pipeline and platform partnering opportunities resulting from the merger. Additionally, Serina secured a $10 million equity financing in December 2024, further solidifying its financial footing. This funding will support the advancement of SER-252 into a Phase 1 clinical trial in the second half of 2025.
Serina's proprietary POZ technology is based on a synthetic, water-soluble, low viscosity polymer called poly(2-oxazoline). This technology is engineered to provide greater control in drug loading and precision in the rate of release of attached drugs delivered via subcutaneous injection. The therapeutic agents in Serina's product candidates are typically well-understood and marketed drugs that are effective but limited by pharmacokinetic profiles that can include toxicity, side effects, and short half-life. By using POZ technology, drugs with narrow therapeutic windows can be designed to maintain more desirable and stable levels in the blood.
Serina's POZ platform delivery technology has potential for use across a broad range of payloads and indications. Serina intends to advance additional applications of the POZ platform via out-licensing, co-development, or other partnership arrangements, including the non-exclusive license agreement with Pfizer, Inc. to use Serina's POZ polymer technology for use in lipid nanoparticle drug (LNP) delivery formulations.
In conclusion, Serina Therapeutics, Inc. is a compelling investment opportunity in the biotechnology sector. With its innovative pipeline of drug candidates, strategic partnerships, and strong financial performance, Serina is well-positioned to revolutionize the treatment of Parkinson's disease and other neurological disorders. As SER-252 advances through clinical trials and seeks regulatory approval, investors should closely monitor its progress and consider the potential impact of its successful implementation on the treatment landscape for advanced Parkinson's disease.
