Aspire Biopharma Holdings, Inc., Contract Manufacturer, Glatt Air Techniques, Inc., has Completed Its First Good Manufacturing Practice ('GMP') Clinical Batch of Pharmaceutical Grade Oral Mucosal Fast Acting Formulation of Aspirin
Company expects to commence bioavailability study in April 2025
Aspire intends to request 'fast track' approval on FDA application for its high dose aspirin product
HUMACAO, PR AND NEW YORK, NY / ACCESS Newswire / March 20, 2025 / Aspire Biopharma Holdings, Inc. (NASDAQ:ASBP) ('Aspire' or the 'Company'), a developer of a multi-faceted patent pending drug delivery technology, today announced that it its contract manufacturer, Glatt Air Techniques, Inc., part of Glatt Group, a vertically integrated pharmaceutical services company with FDA- and EU-approved sites, has completed its first Good Manufacturing Practice ('GMP') Clinical Batch of its pharmaceutical-grade oral mucosal formulation of aspirin that utilizes Aspire's fast-acting formulation. Aspire's GMP extracts are set to be administered in a bioavailability study in healthy human volunteers in April 2025.
Aspire's lead product candidate, high-dose sublingual aspirin, is a granular or powder formulation of a soluble, Ph neutral, fast-acting aspirin designed to address cardiology emergencies and pain management. Aspire believes the benefits of 'rapid absorption' aspirin include the potential to quickly address cardiac incidents; allow high dose absorption for pain management including fast headache relief, post-surgery, cancer pain management, and general pain relief. The benefits of 'rapid absorption' are to provide nearly instant treatment impact and high dose absorption. The Company's patent pending delivery system includes components specifically formulated to allow rapid sublingual absorption of drugs into the blood stream, thus by-passing the gastrointestinal tract, and potentially provide an improved treatment outcome.
'This marks another important milestone for Aspire,' commented Kraig Higginson, Chief Executive Officer of Aspire. 'We have been collaborating with Glatt Air Techniques since 2021 with the ultimate goal of building a high-quality, cost-effective manufacturing solution for our lead product candidate, high-dose sublingual aspirin. This cooperation enables Aspire to advance our key programs, centered around our patent pending technology, so that we can facilitate delivery of high-quality, safe, and effective therapeutics to individuals seeking relief from pain or when the need arises in cardiology emergencies.'
Glatt Air Techniques has conducted testing and manufacturing of Aspire's GMP Clinical Batch of its oral mucosal fast acting formulation of aspirin under both Pharmaceutical Inspection Co-operation Scheme Good Manufacturing Practice ('PIC/S GMP') and the United States Food and Drug Administration's Current Good Manufacturing Practice regulations.
Following release of the GMP Clinical Batch by Glatt Air Techniques, Aspire intends to initiate the preparation of Chemistry, Manufacturing, and Controls ('CMC') information and conduct clinical trials supporting its planned FDA submission.
Aspirin Product Development and Clinical Trials
Key Potential Features of the Aspire Platform
About Aspire Biopharma, Inc.
Headquartered in Humacao, Puerto Rico, Aspire Biopharma has developed a disruptive technology through a Novel Soluble Formulation which addresses emergencies, drug efficacy, dosage management, and response time. For more information, please visit www.aspirebiolabs.com.
Safe Harbor Statement
Certain statements made in this communication are 'forward-looking statements' within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may generally be identified by the use of words such as 'estimate,' 'projects,' 'expects,' 'anticipates,' 'forecasts,' 'plans,' 'intends,' 'believes,' 'seeks,' 'may,' 'will,' 'would,' 'should,' 'future,' 'propose,' 'potential,' 'target,' 'goal,' 'objective,' 'outlook' and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements include, but are not limited to, statements regarding the financial position, business strategy and the plans and objectives of management for future operations. These statements are based on various assumptions, whether or not identified in this communication, and on the current expectations of Aspire's management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as and must not be relied on by any investor as a guarantee, an assurance, a prediction or a definitive statement of fact or probability. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the control of the parties, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Aspire Biopharma Holdings, Inc.
Contact
TraDigital IR
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
35 minutes ago
- Yahoo
Align Technology (ALGN) Dives 37% on Lower Price Target, Pessimistic Rating
We recently published . Align Technology, Inc. (NASDAQ:ALGN) is one of the worst-performing stocks on Thursday. Align Technology fell to a new low on Thursday as investors sold off positions after missing earnings expectations and earning a lower price target and pessimistic rating from an investment firm. In intra-day trading, Align Technology, Inc. (NASDAQ:ALGN) dropped to its lowest price of $127.7 before slight buying pushed the company's share price higher to end the day just down by 36.63 percent at $129.01 apiece. This followed mixed earnings performance during the quarter that saw the company record a non-GAAP net income of $181.1 million, flat from last year. GAAP net income, on the other hand, amounted to $124.6 million, or 29 percent higher than the $93.2 million in the same period last year. Net revenues, on the other hand, dipped by 1.6 percent to $1.012 billion from $1.028 billion year-on-year. In other developments, Mizuho reduced its price target for Align Technology, Inc. (NASDAQ:ALGN) to $210 from $245 previously, but maintained an 'outperform' rating for the stock. Mizuho's revision followed reports about June trends, which fell short of expectations, despite the company's hosting of an 'upbeat analyst meeting' in May this year. Pixabay/Public domain Additionally, the revision reflected the weaker-than-expected patient conversion rates despite iTero scans and Invisalign doctor case submissions appearing to remain on track. While we acknowledge the potential of ALGN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
35 minutes ago
- Yahoo
Confluent (CFLT) Hits New Low on Weak Revenue Outlook
We recently published . Confluent, Inc. (NASDAQ:CFLT) is one of the worst-performing stocks on Thursday. Confluent fell for a fourth consecutive day on Thursday, to touch a new low of $17.51 apiece, as investor sentiment was dampened by its lower-than-expected revenue for the second quarter of the year. During the period, Confluent, Inc. (NASDAQ:CFLT) grew its total revenues by 20 percent to $282 million from $235 million in the same period last year, as subscription revenues increased by 21 percent to $270.8 million from $224.7 million. However, total revenues missed analysts' consensus forecast by 2.69 percent. In the same period, net loss also narrowed by 8.8 percent to $81.95 million from $89.9 million year-on-year. In the first half, net loss shrank by 18.6 percent to $149.5 million from $183 million year-on-year, as total revenues grew 22 percent to $553 million from $452 million. Looking ahead, Confluent, Inc. (NASDAQ:CFLT) expects subscription revenues to end between $281-$282 million, and to a range of $1.105 billion to $1.11 billion in the full-year period. Copyright: buchachon / 123RF Stock Photo Earnings per share were also pegged at $0.09-$0.10 in the third quarter and at around $0.36 in the full year. While we acknowledge the potential of CFLT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the .
Yahoo
35 minutes ago
- Yahoo
Why Applied Digital Stock Is Sinking Today
Key Points Applied Digital stock rocketed higher yesterday, but macroeconomic concerns are pushing its share price lower today. The July jobs report showed fewer-than-expected additions, and jobs estimates for May and June saw big downward revisions. The stock market as a whole is also under pressure due to new tariffs introduced by President Trump yesterday. 10 stocks we like better than Applied Digital › Applied Digital (NASDAQ: APLD) stock is losing ground Friday after posting huge gains in yesterday's session. The company's share price was down 3.7% as of 2:10 p.m. ET. At the same point in the day, the S&P 500 (SNPINDEX: ^GSPC) was down 1.8%, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) was down 2.5%. Applied Digital stock had been down as much as 13.2% shortly after the market opened, but its valuation has regained significant ground in subsequent trading. The strength of the company's recent earnings report has likely helped reduce its valuation slide on the day, but the stock is still seeing a significant pullback in response to the latest U.S. jobs report and other macroeconomic concerns. Applied Digital stock is slipping in response to jobs numbers and tariffs The Bureau of Labor Statistics (BLS) published its July jobs report this morning and amended previously reported figures for June and May. The BLS report showed that only 73,000 nonfarm jobs were added to the U.S. economy last month -- well below the 100,000 job additions called for by the average economist estimate. Making matters worse, June's estimated jobs growth was revised from 147,000 to 14,000, and May's jobs growth was lowered from 144,000 to 19,000. Adding another bearish pressure to the broader market, President Trump signed an executive order yesterday evening that introduced new tariffs on a wide range of countries. The tariffs are set to go into effect on Aug. 7, which means there is very little time for countries to negotiate trade deals that could mitigate the new import taxes. What's next for Applied Digital? Macroeconomic developments will continue to play a key role in shaping performance for Applied Digital and the broader market. Stocks have been on an impressive rally over the last few months, and major indexes have recently set new highs, but some recent economic data has raised concerns about how much momentum is left in the recent bull run. Concerns about the overall health of the economy and the possibility that the Federal Reserve may have waited too long to lower interest rates could continue to weigh on valuations. On the other hand, Applied Digital is coming off of some big wins. The company's recent announcement that artificial intelligence (AI) specialist CoreWeave has exercised an option for an additional 150 megawatts of data-center processing is a clear bullish development and points to a promising long-term outlook. Should you buy stock in Applied Digital right now? Before you buy stock in Applied Digital, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Applied Digital wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $625,254!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,090,257!* Now, it's worth noting Stock Advisor's total average return is 1,036% — a market-crushing outperformance compared to 181% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 29, 2025 Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why Applied Digital Stock Is Sinking Today was originally published by The Motley Fool Erreur lors de la récupération des données Connectez-vous pour accéder à votre portefeuille Erreur lors de la récupération des données Erreur lors de la récupération des données Erreur lors de la récupération des données Erreur lors de la récupération des données