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VGX Pharmaceuticals Announces Issuance of Two Key U.S. Patents
Covering DNA Plasmid Manufacturing Technology and the Treatment
of Anemia
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Bell, PA – July 11, 2007 – |
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VGX Pharmaceuticals today announced
that it has been granted U.S. Patent number 7,238,522 covering its DNA
plasmid manufacturing technology. The patent entitled, "Device and
Methods for Biomaterial Production" represents the first to issue
of a series of applications related to VGX's novel approach to DNA plasmid
manufacturing.
"We are very pleased to have been granted this patent as it further
differentiates our proprietary plasmid manufacturing and recovery process,"
stated Dr. J. Joseph Kim, President and CEO of VGX. "We believe that
VGX’s patented lysis and harvest process offers an efficient and
cost-effective technology for producing DNA plasmids, particularly at
large scale where conventional approaches are inefficient or just not
feasible.”
VGX has established a flexible, purpose-built cGMP facility used for research,
development, and clinical supply at its Texas manufacturing site. In addition
to manufacturing DNA plasmids for its own product development needs, VGX
offers contract manufacturing services to outside client organizations.
The cGMP facility has passed rigorous reviews by several regulatory agencies
worldwide.
ond patent, US 7,241,744 covers methods and approaches to treat anemia.
The patent entitled, “Treating Anemia in Subjects by Administration
of Plasmids Encoding Growth Hormone Releasing Hormone (GHRH)” is
part of a broad patent estate covering GHRH sequences and applications.
VGX is presently developing the GHRH technology in the areas of cancer
cachexia and anemia, and the first clinical studies are planned for early
2008.
Cautionary
Factors That May Affect Future Results - Materials in this
Web site contain information that includes or is based upon forward-looking
statements within the meaning of the Securities Litigation Reform
Act of 1995. Forward-looking statements relate to expectations or
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fact that they do not relate strictly to historical or current facts.
They use words such as "anticipate," "estimate,"
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or future operating or financial performance. In particular, these
include statements relating to future actions, prospective products
or product approvals, future performance or results of current and
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forward-looking statements here or in other publications may turn
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by known or unknown risks and uncertainties. Many such factors will
be important in determining our actual future results. Consequently,
no forward-looking statement can be guaranteed, and forward-looking
statements may be adversely affected by factors, including general
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Our actual results may vary materially, and there are no guarantees
about the performance or valuation of VGX stock. It is also important
to read the disclosure notice contained in many of the individual
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information on such cautionary factors as of the date of the individual
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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
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