Press Release

 

VGX Pharmaceuticals Announces Initiation of VGX-cGMP Manufactured Plasmid Products in Clinical Use by Partners


Blue Bell, PA – February 5, 2008–

VGX Pharmaceuticals today announced that the DNA plasmid-based product manufactured by VGX on behalf of Nucleonics, Inc. has entered Phase I human clinical trials in the United States and Europe for the treatment of chronic Hepatitis B virus (HBV) infection.

The Nucleonics’ HBV clinical candidate (NUC B1000) is an expressed interfering RNA (eiRNA) based product, consisting of a plasmid DNA construct that encodes four short interfering RNA (siRNA) molecules, each under the control of an RNA polymerase III promoter. Each of the four siRNAs targets a different segment of the HBV genome, collectively leading to the potential destruction or elimination of all RNA species produced by HBV within an infected cell. The result is a potent antiviral effect designed for efficacy against all HBV genotypes, including drug resistant strains.

“VGX’s extensive experience in DNA plasmid manufacturing as well as their responsiveness as an organization to meet our specific needs have been very helpful,” said Dr. C. Satishchandran, Ph.D., Chief Operating Officer and Executive Vice President of Nucleonics. “The level of cooperation by the manufacturing and quality teams at VGX made it seem like they were an extension of our own internal teams."

A second VGX cGMP manufactured plasmid product is a component of a real-time PCR diagnostic kit for fungal infections being developed by Myconostica, ltd. The FXG™: Resp (Asp+) kit has been developed by Myconostica as an aid for the diagnosis of Aspergillus and Pneumocystis fungi, the common causative agents of life-threatening respiratory infections. Over 10 million people are at risk of life threatening respiratory fungal infections in Europe and North America each year and current methods for fungal diagnostics are inherently slow and imprecise.

Commenting on the showcasing of Myconostica’s diagnostic product, Professor David Denning, Research Director of Myconostica said, “There is a great need for precise diagnostics with a rapid turn around time for the diagnosis of disease-causing fungi in respiratory and other clinically relevant tissues and body fluids. VGX’s extensive DNA manufacturing experience and cGMP capabilities were helpful to us in establishing critical standards and controls for our FXG™: Resp (Asp+) molecular test kit.”

“We are very pleased to see the translation of these exciting product candidates progress into human trials,” said Dr. J. Joseph Kim, CEO and President of VGX Pharmaceuticals. “The Nucleonics trial marks the first time that a targeted RNAi therapeutic has been systemically delivered to patients, and VGX is pleased to have been selected to manufacture the product under cGMP to mark this important milestone in the RNAi area. The Myconostica product represents an important aid soon to be available to clinicians in the area of fungal diagnostics. Together, the products highlight the breadth of VGX expertise in tackling complex and diverse projects and adaptability to meet client specific requirements across the broad pharma-diagnostics spectrum.”

He continued, “VGX operates a state-of-the-art cGMP plasmid manufacturing facility to produce products that are in development internally at VGX as well as for partners under contract. We value the external vote of confidence in our manufacturing capabilities brought about through our partnerships. Indeed, VGX carefully selects its manufacturing clients based on their technical excellence and market potential of the products.”



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About VGX Pharmaceuticals
VGX Pharmaceuticals is a biopharmaceutical company with small molecule and biologic product candidates for the treatment of infectious diseases, cancer, and inflammatory diseases. The Company's clinical development programs include PICTOVIR™ for HIV infection, which is in Phase II clinical trials, and PENNVAX™-B, a DNA vaccine for HIV infection, which is in 2 separate Phase I clinical trials. The Company’s lead compound for inflammatory diseases, VGX-1027, is also in Phase I clinical trials. VGX's research pipeline includes a new generation of SynCon™ DNA vaccines and therapeutics as well as the CELLECTRA™ electroporator, a patented DNA delivery device. The product candidates and technology programs are protected by the Company's extensive global intellectual property portfolio. More information about VGX can be found at www.vgxp.com.

About VGXI Inc.

VGXI Inc. is a leading manufacturer of DNA plasmids, and its cGMP and non-cGMP products have passed rigorous reviews by several international regulatory agencies. VGXI offers a wide variety of contract manufacturing services to outside client organizations. The Company’s cGMP manufacturing facility in The Woodlands, Texas is a flexible, purpose-built facility used for research, development, and clinical supply. The site includes 500-liter and 100-liter fermentors and incorporates a cost-effective process. VGX International also has initiated a project to build and operate a 3000-liter scale cGMP, DNA plasmid manufacturing facility in Asia.

Company Contact:
Henry Hebel
Vice President, Manufacturing and Operations
Tel. 281.296.7300
Fax 281.296.7333
E-mail: hhebel@vgxii.com
www.vgxii.com

About Nucleonics, Inc.
Nucleonics, founded in January 2001, is an emerging biotechnology company focused on the development of novel RNA interference-based therapeutics for viral and other diseases. Privately owned, Nucleonics is headquartered in Horsham, Pennsylvania. For more information on the company, please visit the Nucleonics website at http://www.nucleonicsinc.com.


About Myconostica, Ltd.

Myconostica is a leader in molecular diagnostic tests and services for life-threatening fungal infections. The company’s FXG family of diagnostic tests will accurately, specifically and reliably identify fungal causes of infection in less than half a day to enable doctors and clinicians to diagnose and treat

life-threatening fungal infections, thereby reducing patient mortality rate, hospital residence time and healthcare costs.
The Company was founded by David Denning, Professor of Medicine and Medical Mycology, University Hospital South Manchester. Today, it employs a team of research, product development and marketing professionals and managers who are developing a rich pipeline of innovative products and services for the diagnosis of life-threatening fungal diseases will be launched over the next years.

For further information on Myconostica, Ltd., please visit http://www.myconostica.co.uk/.


 

© 2008 VGXI Inc. All rights reserved.