April 7, 2025
ENA Respiratory: The difference between chance and discovery? Knowing what to do next.

Not all groundbreaking innovations begin with a master plan. Sometimes, they stem from moments of unexpected discovery, perseverance, and bold vision. ENA Respiratory’s story is one of those journeys where serendipity meets science, resulting in an exciting respiratory health opportunity.

From the twists of early research to forging pivotal global partnerships and navigating a pandemic, ENA’s path offers a glimpse into the challenges and triumphs of building innovative technologies.

Beginnings: from lab to legacy

ENA Respiratory began with a mission to boost the immune system to prevent complications from respiratory infections. Yet, the breakthrough that underpins their lead candidate, INNA-051, wasn’t the result of a deliberate strategy—it was a remarkable ‘accident’.

While conducting routine research, scientists inadvertently stumbled upon an extraordinary finding. A placebo test, meant to exclude the antigen (immune response trigger) and determine the impact of the adjuvant (substance that boosts immune response), revealed something unexpected.

This non-specific immune response proved robust and long-lasting, opening new possibilities for protecting against respiratory infections and setting Brandon Capital Partner Chris Smith, ENA Respiratory Managing Director Christophe Demaison and his team off on an extraordinary journey.

Building a global company

Integral to the success of any biotech startup is its ability to scale globally, which includes securing the right investors, strategic partnerships and people. 

Christophe credits an introduction to Dr Roberto Solari, Brandon Capital Venture Partner and former head of respiratory research at GSK, as a catalyst – validating ENA’s science, opening doors, and providing crucial feedback.

From its headquarters in Melbourne, the ENA Respiratory team got to work leveraging Roberto’s feedback, refining its program strategy and target product profile.  

Since enhancing its appeal to investors and positioning the company for future growth, ENA Respiratory has attracted AUD 49 million in funding and a USD 11.3 (AUD 18.9) million contract with the U.S. Department of Defence, cementing its position as a leader in respiratory health.

Pandemic-induced acceleration

Like many biotech startups, ENA has faced its fair share of challenges. However, the global COVID-19 pandemic brought unexpected serendipity that enabled the ENA team to scale the company’s global vision.

Capitalising on the heightened awareness of virology and respiratory health enabled ENA Respiratory to recruit for the larger-scale trials needed to produce the evidence necessary to progress to the next milestone.

The clinical trials conducted to date have demonstrated INNA-051’s potential to boost the innate immune system through a nasal spray that is accessible to all, with investments from Flu Lab further reinforcing its relevance and potential for global impact.

Innovation, serendipity, and collaboration

ENA Respiratory’s journey from an experimental placebo test to a Phase 2 clinical trial candidate might seem like a stroke of luck. But speak to any biotech founder, and they’ll tell you similar stories of serendipitous moments that shaped their path. The real secret isn’t luck itself—it’s creating the conditions to harness it.

The accidental discovery behind INNA-051 didn’t happen in isolation. It was the product of skilled scientists asking the right questions in a culture of curiosity, the vision to collaborate early, and the courage to explore the unexpected.

Pairing this breakthrough with strategic investors, key partnerships, and a global vision turned a promising idea into a potential game-changer in respiratory health.

ENA’s story is a powerful reminder that biotech success isn’t built on a single “aha” moment. It results from scientific ingenuity, bold decisions, and collaborative teamwork.  

Luck may open a door, but recognising it’s worth walking through, mustering the determination to do so, and bringing the right people along are what translate potential into impact.