Spotlight On... Inovio pays $5.5M for jet delivery tech

Inovio Pharmaceuticals ($INO) shelled out $5.5 million for Bioject Medical Technologies' assets, getting its hands on needle-free jet injection technology with plans to incorporate the tech with its own. Inovio hopes to use Bioject's devices, which use high pressure gas or springs to propel liquid medicine into skin for immunization, with its DNA vaccines. Though it doesn't market any vaccines, Inovio's clinical pipeline includes vaccines for flu, HIV, Ebola, and MERS and preclinical programs in Zika, dengue, Chikungunya and RSV. It also has proof-of-principle human data showing a "significant" immune response for its universal flu vaccine and HIV DNA vaccine. Release

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