STAMFORD, Conn., Oct. 24, 2024
STAMFORD, Conn., Oct. 24, 2024 /PRNewswire/ -- ApiJect Systems, Corp. a public-benefit medical technology company whose device development platform will make the safety and performance advantages of single-use prefilled syringes affordable and available for many more patients in the U.S. and globally, announced today it has been awarded an initial grant of $425,000 from the Bill & Melinda Gates Foundation. The funding will support the design and development of low-cost Prefilled ApiJect Injectors for injectable medicines and vaccines, with a focus on use in LMICs.
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"We are honored to receive this grant from the Gates Foundation," said Jon Ellenthal, President, ApiJect Systems. "Our technology unlocks the many benefits of Blow-Fill-Seal manufacturing for injectable medicines to create high quality, affordable prefilled injection devices for LMICs. We will create a device that is easy to administer without the need for a medical professional and, thereby, improve access to contraceptives and other critical drugs for patients in LMIC markets. The grant will support the device development process with extensive field research in Africa."
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Mr. Ellenthal emphasized the company's commitment to ensuring that the resulting prefilled injector is priced appropriately for global health needs, specifically targeting geographies and populations, including women of childbearing age, in LMICs.
"ApiJect's capabilities in device design, development, prototyping, machine tooling, and Blow-Fill-Seal technology, combined with our extensive experience in global health initiatives, make us an ideal partner for this project," added Molly Weaver, PhD, Chief Operating Officer, ApiJect. "Combining our expertise with the resources of the Gates Foundation, we are confident that ApiJect will bring this innovative design from concept to reality."
"This funding enables us to drive innovation and broaden access to medicines and vaccines, ensuring that underserved communities worldwide receive the healthcare they rightfully deserve," said Paul Rutter, MD, Senior Vice President, Clinical Affairs, ApiJect. "By working together, we are dedicated to creating a healthier, more equitable, and safer future for everyone."
About Apiject Systems, Corp.ApiJect Systems, Corp. is a public-benefit medical technology company that has pioneered a new category of prefilled injection devices with economic, supply chain, and sustainability advantages over traditional offerings. Our mission is to make the safety and performance benefits of prefilled injections affordable and available for most, if not all, injections around the world. The Company's technology platform is anchored by a well-established manufacturing process called Blow-Fill-Seal (BFS"). BFS is a widely used sterile liquid packaging technology that has been recognized by the FDA as an advanced aseptic process. For more information, visit www.apiject.com.
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SOURCE ApiJect Systems, Corp.
