More than half a billion people live with food-related allergies around the world and millions suffer from peanut allergies, including
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Intrommune Therapeutics Developed Immunotherapy Platform Technology to Build Resistance to Food Allergies with the Squeeze of a Tube of Toothpaste
Jun 21, 2021, 08:47 ET
LOS ANGELES, June 21, 2021 /PRNewswire/ -- More than half a billion people live with food-related allergies around the world and millions suffer from peanut allergies, including 6 million in the United States alone. The fourth episode of Unicorn Hunters, the new addictive series spotlighting emerging growth companies looking to hit the coveted one billion dollars "unicorn" valuation mark, features Intrommune Therapeutics, a biopharmaceutical company aiming to transform allergy immunotherapy with its revolutionary treatment platform, a toothpaste designed to deliver proteins to the immune system allowing food allergy sufferers to develop a gradual immunity.
"People with food allergies are desperate for options in this growing epidemic," said Michael Nelson, Chief Executive Officer and Co-founder, Intrommune Therapeutics. "Intrommune's elegant solution for treating food allergies that is delivered while a person brushes their teeth will transform the lives of food allergy sufferers so they and their loved ones can live their lives without fear."
Intrommune's immunotherapy toothpaste, known as INT301 is in Phase 1 clinical development for patients with peanut-related allergies. INT301 toothpaste is innovative and one of a kind, with no similar alternatives on the market. Formulated to hopefully reduce the food allergy-related deaths to nearly zero, the proprietary toothpaste helps build resistance by the micro introduction of the peanut protein on a consistent basis. The big differentiator is in the delivery of the product when compared to other existing immunotherapies - most people are familiar with brushing their teeth and wouldn't have to learn how to adopt an additional step in their daily routines.
"People all across the country have successfully used this immunotherapy delivery platform to treat their respiratory allergies for years, and it's been proven that exposing peanut protein to the inside of the mouth gives a peanut allergic person the protection they need," said Dr. William Reisacher, Senior Scientific Advisor and Co-founder, Intrommune Therapeutics. "For a biopharmaceutical product that is being tested, that's about as low risk as you can get."
With goals to move into its next phase of research by the end of this year, Intrommune Therapeutics is already developing a second toothpaste product designed to address other food allergies. With an estimated $7 billion per year market potential in the US, and an even greater potential across the globe, Intrommune Therapeutics is poised for growth, aided by its global, exclusive rights to 35 patents and interest of wall street analysts.
"Unicorn Hunters is on a mission to help people access pre-IPO opportunities that may deliver significant ROI," said Alex Konanykhin, executive producer, Circle of Money panelist. "If Intrommune Therapeutics is successful in what they're trying to achieve, their valuation will greatly increase. Investing in a company that is doing such incredible work and with the potential to succeed is an easy decision to make for me."
Steve Wozniak, co-founder of Apple and Circle of Money panelist, agrees: "I realize the hugeness of what you're doing. I did not expect at all that I could come out so positive as I did listening to your stories. I am in and I'm gonna invest."
New episodes of Unicorn Hunters air every other Monday at 10AM EDT on UnicornHunters.com with parallel distribution on LinkedIn Broadcast, Facebook Video, YouTube and Vimeo. The series is financed by TransparentBusiness and produced by reality show icon Craig Plestis' Smart Dog Media (The Masked Singer, The Masked Dancer, Celebrity Show Off).
About Unicorn Hunters: Unicorn Hunters creates and comprises a new genre for audiences — enrichtainment — which combines pure entertainment with the potential for companies with high-potential to reach the coveted $1 billion valuation and opportunity to pitch their business plan to millions of potential viewers to back select pre-IPO investment opportunities. The show features a "Circle of Money" panel, which includes Steve Wozniak (Co-founder of Apple), Silvina Moschini (CEO of SheWorks!), Alex Konanykhin (CEO of TransparentBusiness), Lance Bass (singer, actor, producer and investor), Rosie Rios (Former Treasurer of the United States) and Moe Vela (attorney, author, entrepreneur and former Director of Administration to Joe Biden). The show provides investors with transparent access to select pre-IPO investment opportunities, and boosts innovation by financing emerging growth companies. It also provides an opportunity to invest in historically marginalized or disenfranchised global entrepreneurs such as women, minorities, and LGBTQ.
For press inquiries, reach out to:Amanda Penna, [email protected] or Ivy Mollenkamp, [email protected], phone: (310) 280-2011
SOURCE Unicorn Hunters
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