Vaccine Company, Inc.

Emergex and VIC plan to collaborate to further develop and commercialise Emergex’s proprietary T cell-based vaccine candidates as designated in Saudi Arabia and the agreed Territory (including GCC Member States, other Middle Eastern territories and specified regions).The Collaboration Agreement ultimately shall grant VIC first rights to distribute potential licensed products and to fill and finish activities in Saudi Arabia and the Territory.This Collaboration supports the Kingdom of Saudi Arabia’s Vision 2030 to boost the biopharma sector through increasing local and regional production as well as accessibility of healthcare solutions. ABINGDON, United Kingdom, Oct. 05, 2023 (GLOBE NEWSWIRE) -- Emergex Vaccines Holding Limited (‘Emergex’, or the ‘Company’) a clinical-stage biotechnology company on the forefront of combatting global infectious diseases, has announced that the Company has signed a Memorandum of Understanding with the Vaccine Industrial Company (VIC) for a Collaboration Agreement advancing Emergex’s novel T cell-priming immune set-point candidates against designated infectious diseases. This follows recent announcements of promising data reported from successful completion of Phase I clinical trials of candidates for Betacoronaviruses and Dengue Fever. Currently, Saudi Arabia has an entirely nascent market in infectious disease solutions and has established companies such as VIC to position itself and associated territories as a global biotech hub to facilitate serious initiatives to localize the biotechnology industry and harness novel technologies to address this. This agreement is a testament to Emergex’s promising technology as a vital contributor to game changing healthcare solutions around the world. Under the terms, VIC intends to take an equity stake in Emergex, subject to government support of Phase II/III clinical trials of Emergex's T cell-priming candidates for Dengue, Coronavirus, Influenza, Yellow Fever, including add-on products related to these indications. VIC shall have a Right of First Negotiation (“ROFN”) over new candidates proposed by Emergex for the Territory. The venture would grant VIC exclusive rights to marketing and distribution of potential licensed products, as well as fill and finish activities for potential licensed products within Saudi Arabia and the designated Territory, with Emergex’s assistance for any technology transfer. Professor Thomas Rademacher, Co-Founder and Chief Executive Officer, Emergex, commented, “This partnership with VIC propels our candidates into territories where these diseases strike hardest, where treatments are desperately needed. With this Memorandum, marking our second government-affiliated collaboration, we are delighted that global organizations recognize Emergex’s promise. We remain dedicated to forging these alliances in order to extend the reach of our candidates worldwide.” Dr. Khaled Almosa, Founder and Chief Executive Officer of VIC, added, “We welcome the opportunity to work with Emergex at a time when infectious disease prevention is a priority to the Saudi Arabian government and people. Emergex’s novel approach offers a safe, easy-to-administer and highly effective solution, alternative to mainstream methods, to protect against infectious diseases. Advancing such innovative technologies locally will greatly contribute to Saudi Arabia’s Vision 2030 to become a global biotech hub, making headway toward greater vaccine accessibility and reducing dependance on other countries for vital healthcare solutions.” Joining hands with forward-thinking biotech organizations such as VIC marks an important milestone for Emergex. Such partnership fortifies critical health infrastructure within regions such as the Middle East and North Africa (MENA) that are historically difficult for biopharma to reach, playing a pivotal role in safeguarding the public’s health against the looming threat of infectious diseases. About Vaccine Industrial Company (VIC) Vaccine Industrial Company (VIC) is a Saudi Arabian company based in Riyadh and founded in January 2022 by Dr. Khaled Almosa, a health care management consultant. Dr. Khaled is the Founder, Vice Chairman and Managing Director of Saudi Biotechnology Manufacturing Company for Insulin and Biologics (2010-2020), Member of Supreme Committee for Research, Development and Innovation, Council of Economic & Development Affairs, Council of Ministers, Saudi Arabia. VIC is the first and only company aiming to set up a state-of-the-art vaccine manufacturing facility in Saudi Arabia. About Emergex Emergex is a clinical-stage, privately-held biotechnology company, headquartered in Abingdon, UK, with an operating subsidiary in Doylestown, Pennsylvania and a GMP manufacturing facility in Fremont, CA, USA. The Company is pioneering the development of 100% synthetic, T cell-priming immune set-point vaccine candidates designed to mimic the body’s natural T cell immune response to destroy and to clear pathogen-infected cells, using cytopathic or non-cytopathic mechanisms, in order to protect against some of the world’s most urgent health threats. The candidates are also specifically designed for administration using novel micro-needles via skin immunisation into the epidermal layer, intended to reduce the burden and logistics associated with conventional preventative measures. Emergex’s first indications pursued are against infectious diseases: [i] viral infectious diseases, amongst which are Betacoronaviruses, Dengue Fever and Universal Influenza (including pandemic influenza) candidates, as well as [ii] intra-cellular bacterial infectious disease, such as tularemia caused by Francisella tularensis. Emergex has a growing proprietary pipeline of innovative candidates with potential to deliver rapid, broad (strain and variant agnostic) and long-lasting prevention to reduce serious illness associated with infectious diseases. Find out more online at www.emergexvaccines.com. Visit our LinkedIn page or Twitter account for updates. For further information, please contact: Emergex Media InquiriesStorme Moore-Thornicroft, Executive Director Phone: +44 (0) 1235 527589 Email: smt@emergexvaccines.comRachelle Babb, Account Executive Phone: +1 (929) 325-7559 Email: rachelle.babb@russopartnersllc.com

Vaccine Veterans Bring Substantial Vaccine Development Expertise to the Innovative Vaccine Biotech Company Vienna (Austria), January 8, 2013 - Hookipa Biotech AG, a vaccine biotech start up pioneering a new class of vaccines, today announced the appointment of two new members to its Management team: Thomas P. Monath as Chief Medical Officer and Farshad Guirakhoo as Chief Scientific Officer. “We are very pleased to have Tom and Farshad join Hookipa,” said Dr. Katherine Cohen, Chief Executive Officer of Hookipa Biotech. “Tom is a true vaccine veteran who has spearheaded the development of several market approved vaccines through his past work at CDC, Acambis and other companies, Farshad is an accomplished virologist and has spent more than two decades in both biotech and large pharma companies. With their outstanding track record and deep insight, they will help to accelerate application of our proprietary Vaxwave® vaccine platform for development of new breakthrough vaccines.” “I am extremely impressed with the technology platform being developed by Hookipa and look forward to working with the highly experienced team already assembled at the company,” commented Dr. Monath. “I am very happy to join Hookipa Biotech, a dynamic company with a unique and very promising technology that can potentially be applied to a wide variety of infectious and non-infectious diseases. The competency of its senior leadership team, dedication and close working relationships of the scientific staff and strong support from scientific founders, provide the key ingredients of a successful recipe to develop products against significant unmet medical needs,” said Dr. Guirakhoo. Dr. Thomas P. Monath, serving as consulting Chief Medical Officer will play a key role in setting up Hookipa´s R&D strategies and product development processes. Dr. Monath is a former partner in the Pandemic and Biodefense Fund, Kleiner Perkins Caufield & Byers, and also Adjunct Professor at the Harvard School of Public Health. He has served on numerous government and international committees on infectious diseases and biosecurity, World Health Organization expert committees and the (U.S) National Vaccines Advisory Committee. Between 1992 and 2006, Dr. Monath was Chief Scientific Officer and Executive Director of Acambis where he pioneered the development of numerous vaccines against various infectious diseases. Acambis was acquired by the vaccine giant Sanofi Pausteur in 2008 for £ 285 million. Dr. Guirakhoo serving as Chief Scientific Officer will be responsible for all aspects of research and development activities at Hookipa. Prior to joining Hookipa, Dr. Guirakhoo held the position of Senior Director of External Research and Development at Sanofi Pasteur. Before his appointment at Sanofi in 2007, he spent 15 years with vaccine biotech Acambis, where he headed research and co-invented the ChimeriVax-technology platform. -Ends- Notes to Editors About Hookipa Biotech AG Hookipa Biotech, founded in Vienna, Austria in summer 2011, develops a new class of innovative prophylactic and therapeutic vaccines based on its proprietary Vaxwave® technology. The Vaxwave® technology is a novel vaccine platform using a replication-defective viral vector for the prevention and treatment of multiple infectious diseases and cancer. The platform is one of the most promising new technologies for next generation vaccines due to its ability to stimulate both potent B-cell and CD8+ T-cell immune responses. Vaxwave® has been validated in various disease models. Unlike other vectors, Vaxwave® vaccines can be administered repeatedly to boost the immune system. In October 2011, Hookipa raised €7 million from internationally renowned venture capital investors, Sofinnova Partners and Forbion Capital Partners. The company currently focuses on the development of its lead vaccine candidate HB101 and plans to further industrialize the Vaxwave® technology and build a robust product pipeline. Hookipa has recently moved into its state-of-the-art BSL2 facility at the Campus Vienna Biocenter. For more information, contact: Dr. Katherine Cohen Chief Executive Officer Hookipa Biotech AG Helmut-Qualtinger-Gasse 2 1030 Vienna Austria Email: Office@Hookipabiotech.com For media enquiries, contact: Katherine Granger College Hill Life Sciences Telephone: +44 20 7866 7855 Email: Hookipa@collegehill.com NEXT ARTICLE More From BioPortfolio on "Thomas Monath and Farshad Guirakhoo Join Hookipa Biotech as Chief Medical Officer and Chief Scientific Officer" Related Companies Related Clinical Trials Related PubMed Entries Related Medications