Azora Therapeutics is developing a novel small molecule (AT177) for the treatment of refractory ulcerative colitis (UC). UC is a chronic inflammatory disease of the colon that affects over one million individuals in the US and is associated with poor quality of life. Efficacy of currently available therapy is suboptimal and most patients cannot sustain long-term remission, with 14% ultimately requiring colectomy surgery. AT177 is a potential first-in-class oral small molecule aryl hydrocarbon receptor (AhR) agonist. AhR has been shown to play an important in regulating healthy immune and barrier function in the colon. The aim of this project is to develop a final formulation drug product to be used in preclinical animal model studies and a Phase 1 clinical trial.