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Eskimato
Gegen Anthrax wid auf Vaxgen gesetzt, 17 Dollar.
Gruss E.
VaxGen Submits Proposal to Produce Up to 75 Million Doses of Anthrax Vaccine; Discontinues Plague Vaccine Program
BRISBANE, Calif., Apr 28, 2004 (PRNewswire-FirstCall via COMTEX) -- VaxGen
announced today that it has submitted a proposal to the U.S. Department of
Health and Human Services (HHS) describing its plan to provide up to 75 million
doses of its recombinant anthrax vaccine to the U.S. strategic national
stockpile of biodefense products. The HHS has indicated that it intends to award
purchase contracts for such a vaccine on or about August 9, 2004.
(Photo: http://www.newscom.com/cgi-bin/prnh/19991112/VAXGENLOGO )
VaxGen has already received two contracts from the National Institute of Allergy
and Infectious Diseases (NIAID) to develop its recombinant anthrax vaccine
candidate. The contracts are valued at more than $100 million. The company is
also developing an attenuated smallpox vaccine in partnership with the
Chemo-Sero Research Institute (Kaketsuken) of Kumamoto, Japan.
Additionally, VaxGen announced that it has discontinued early-stage development
of a recombinant plague vaccine after the NIAID elected not to provide research
and development funding for this vaccine. The company's decision will have no
effect on the development of its other product candidates.
About VaxGen
VaxGen, Inc. is a biopharmaceutical company engaged in the development,
manufacture and commercialization of biologic products for the prevention and
treatment of human infectious diseases. Based in Brisbane, Calif., the company
is developing preventive vaccines against anthrax and smallpox, and an anthrax
monoclonal antibody in collaboration with Avanir Pharmaceuticals. The company is
also the largest shareholder in Celltrion, Inc., a joint venture formed to build
operations for the manufacture of biopharmaceutical products, including VaxGen's
product candidates. For more information, please visit the company's web site
at: http://www.vaxgen.com/.
NOTE: This press release contains "forward-looking statements" within the
meaning of the federal securities laws. These forward-looking statements include
without limitation, statements regarding the timing of the U.S. Department of
Health and Human Services' award of a contract to purchase a recombinant anthrax
vaccine, the progress and results of clinical development of the company's
attenuated smallpox vaccine candidate, and the effect of discontinuing
early-stage development of its recombinant plague vaccine on the company's other
product development candidates. These statements are subject to risks and
uncertainties that could cause actual results and events to differ materially
from those anticipated. Reference should be made to Item 1 of the company's
Annual Report on Form 10-K filed by VaxGen on March 30, 2004 under the heading
"Additional Business Risks" for a more detailed description of such factors.
Readers are cautioned not to place undue reliance on these forward-looking
statements that speak only as of the date of this release. VaxGen undertakes no
obligation to update publicly any forward-looking statements to reflect new
information, events or circumstances after the date of this release except as
required by law.
SOURCE VaxGen, Inc.
Eskimato
VXGN bei 15 Dollar.
Ein Jahr ist bald um. Einen schönen ersten Mai, tanzt mir ein bisschen.
Gruss E.