ingested protein-bound vitamin B12 must be released from the proteins by the action of digestive proteases in both the stomach and small intestine
gastric acid / pepsin releases the vitamin from food particles
B12 then binds to the R-Proteins (from saliva) to avoid degradation of it in the acidic environment of the stomach
proteases in the duodenum then digest the R-proteins releasing the B12
intrinsic factor (IF), a protein synthesized by gastric parietal cells that is secreted in response to histamine, gastrin and pentagastrin, as well as the presence of food, binds to the released B12 in the duodenum
the IF protects the B12 from catabolism by intestinal bacteria
the B12 can then be absorbed in the terminal ileum, BUT only if it is bound to IF
maximum absorbed amount per meal is ~ 1.5 microgram irrespective of oral dose
NB. modern high efficiency oral preparations of B12 containing 0.5-1mg or more of B12, generally provide enough GIT absorption along the intestine via passive diffusion of 1-5% of dose even in the absence of IF, that parenteral B12 is probably no longer needed for most patients (exceptions include patients with cobalamin C disease, combined methylmalonic aciduria and homocystinuria)
once absorbed into the portal circulation, it is bound to a protein transporter to form transcobalamin II (TC-II/B12), and stored in the body (2-5mg in adults) - 50% in the liver which can store several years worth of B12
through very efficient enterohepatic circulation, only 0.1% of stores are lost through GIT /bile each day, and thus deficiency takes months or years to develop (although more rapidly in infants)
if B12 levels in plasma exceed transport capacity, the excess is excreted in urine
by age 75-80, 40% of people have a diminished ability to absorb food-bound vitamin B12