Company Profile

Spherics Inc
Profile last edited on: 2/9/23      CAGE:       UEI:

Business Identifier: Oral drug delivery platform
Year Founded
1997
First Award
2000
Latest Award
2000
Program Status
Inactive
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Location Information

375 Forbes Boulevard
Mansfield, MA 02048
   (508) 452-7000
   N/A
   N/A
Location: Single
Congr. District: 04
County: Bristol

Public Profile

A drug delivery firm spun out of Brown University, Spherics, Inc. ceased operations and closed down in August 2008. Spherics, Inc. had been developing proprietary technologies to enable the oral administration of injectable biopharmaceuticals and to improve the bioavailability of poorly absorbed small molecule drugs. The company’s approach to drug delivery ihad been based on the finding that bioadhesive polymers can increase drug particle residence time in the gastrointestinal tract, thereby facilitating the uptake of drug into the bloodstream. Based on the discoveries of Edith Mathiowitz, Ph.D., a Professor at Brown University and a recognized leader in polymer chemistry and drug delivery, Spherics In vivo animal data supporting the use of bioadhesive microspheres was published in an article appearing in Nature (1997; 386:410-14). In that publication Dr. Mathiowitz and her colleagues demonstrated increased absorption into the bloodstream of: an erratically absorbed, poorly soluble small molecule (dicumarol); a therapeutic protein (insulin); and plasmid DNA (as would be used in gene therapy). Spherics had been developing three complementary drug delivery platforms having broadly useful roles for delivery of both small molecules and biopharmaceuticals. These technology platforms included: 1.) bioadhesive, biocompatible and biodegradable polymers for oral drug delivery; 2.) phase inversion nanoencapsulation (PIN), a gentle encapsulation process that produces minute, drug-containing spheres of uniform size; and, 3.) bioadhesive, biocompatible coatings, capable of enhancing existing encapsulated and/or controlled release drug delivery products. Before the firm ceased operation, research had beenunderatken under an agreement with Serono International, SA, to develop oral formulations of a Serono-marketed therapeutic agen

Extent of SBIR involvement

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Synopsis: Awardee Business Condition

Employee Range
10-14
Revenue Range
1M-1.5M
VC funded?
Yes
Public/Private
Privately Held
Stock Info
----
IP Holdings
10-14

Awards Distribution by Agency

Most Recent SBIR Projects

Year Phase Agency Total Amount
2000 1 NIH $99,000
Project Title: Bioadhesive Microspheres For Oral DNA Vaccination

Key People / Management

  Ze’ev Shaked -- President

  David J Enscore -- President

  Yong S Jong

  Avinash Nangia -- VP, Research & Development

Company News

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