GOVX GeoVax Awarded NIH Grant to Advance COVID-19 Vaccine

New Post Public Reply Private Reply Replies (0) Message Board
metalman123
118
GOVX GeoVax Awarded NIH Grant to Advance COVID-19 Vaccine Development
9:00 am ET January 11, 2021 (Benzinga) Print
Company Focused on Single-dose Vaccine Against Multiple COVID Strains


ATLANTA, GA, Jan. 11, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- GeoVax Labs, Inc. (NasdaqCM: GOVX), a biotechnology company developing immunotherapies and vaccines against cancers and infectious diseases, announced today that the National Institute of Allergy and Infectious Diseases (NIAID), part of the National Institutes of Health (NIH), has awarded the Company a Small Business Innovative Research (SBIR) grant in support of its development of a vaccine against SARS-CoV-2, the virus that causes COVID-19.

The Phase 1 grant, titled, "Preclinical Development of GV-MVA-VLP Vaccines Against COVID-19," will support the ongoing design, construction and preclinical testing of GeoVax's vaccine candidates in preparation for human clinical trials. The efficacy testing will be performed in collaboration with the University of Texas Medical Branch (UTMB).

GeoVax is leveraging its GV-MVA-VLP™ platform to address the global need for an effective and safe SARS-CoV-2 vaccine. Unique among other vaccines under development, the experimental GeoVax candidates are specifically designed to provide a broader and more long-lived level of protective immunity against SARS-CoV-2 while avoiding the potential side effects that can limit vaccine utility and acceptance. GeoVax's vaccine candidates will be tested for antigen expression and genetic stability under conditions designed to simulate those in manufacturing, which will demonstrate the likely suitability of each vaccine construct as a candidate for full-scale production and clinical testing.

Mark Newman, Ph.D., GeoVax's Chief Scientific Officer, commented, "The first generation of SARS-CoV-2 vaccines are based on the ‘Spike (S)' protein and are designed to induce antibodies that block infection of human cells, an effect referred to as virus neutralization. The GV-MVA-VLP platform provides the opportunity to design and test vaccine candidates that differ significantly through the inclusion of multiple SARS-CoV-2 proteins that are presented to the immune system as virus-like particles (VLPs). Our goal is to safely increase vaccine potency and efficacy by inducing both neutralizing antibody and cellular immune responses to optimize the level of protection against existing and potential new variants of COVID as well as establish immunological memory to provide multi-year protection. Vaccines using the GV-MVA-VLP platform developed for other pathogens have proven to be efficacious with a single dose, having strong durability which would be a significant advantage for SARS-CoV-2 global vaccination campaigns."

David Dodd, GeoVax's Chairman & CEO, added, "We are pleased to receive this Phase 1 SBIR funding award, which will supplement the internal resources allocated to our COVID-19 vaccine program and accelerate our progress toward human clinical trials. We appreciate and welcome this support from NIH/NIAID, which follows our signing of a Patent and Biological Materials License Agreement providing GeoVax with access to key NIAID patent rights, and which provides GeoVax with nonexclusive rights to develop, manufacture and commercialize our COVID-19 vaccine. While we continue to advance our COVID-19 vaccine program, we remain in discussions and negotiations related to additional funding support that will further accelerate our progress into clinical testing and supply chain preparation. We anticipate that additional vaccines, such as ours will be necessary against COVID-19, as well as potentially new strains and variants, requiring broader immune response, strong durability, exquisite safety within various cohort populations and minimal refrigeration for distribution and supply throughout the world. These attributes represent the focus of our overall ‘COVID-X' vaccine program (think ‘COVID-20, -21', etc.)."
Scroll down for more posts ▼

Top 10 Most Recent News Articles

Top 5 Most Recently Viewed Articles

Mobix Labs Innovates AI Drone Solutions for Rail Industry Growth

Updated Category News Views 129

Mobix Labs Secures AI Drone Contract Mobix Labs, Inc. (NASDAQ: MOBX), a leading provider in advanced connectivity and sensing solutions, has embarked on an exciting journey with a new contract for its Mobix Labs Wireless division, RaGE Systems. They are set to develop cutting-edge drone-based, AI-powered inspection technology specifically for the U.S. rail industry. This...

Continue Reading
Lactiga Secures NIH Grant for Groundbreaking Antibody Development

Updated Category News Views 122

Groundbreaking NIH Grant for Lactiga's Antibody Research Lactiga US, Inc., a pioneering biotechnology firm, has secured an important award from the National Institutes of Health (NIH) to enhance the development of its first-in-class secretory IgA (sIgA) antibody targeting inflammatory bowel disease (IBD). Understanding the Power of Breastmilk-Derived Antibodies This...

Continue Reading
Transforming the Intelligent Electronic Devices Market Landscape

Updated Category News Views 231

Market Growth Overview of Intelligent Electronic Devices The Intelligent Electronic Devices (IED) market is on an impressive trajectory, expected to reach USD 33.49 Billion, increasing significantly from its valuation of USD 14.35 Billion in the near future. This growth reflects a compound annual growth rate (CAGR) of 11.18% between now and 2032. The exciting advancements...

Continue Reading
Three Undervalued Energy Stocks Poised For Recovery Ahead

Updated Category News Views 100

Exploring Undervalued Energy Stocks for Portfolio Growth As market conditions fluctuate, the energy sector presents intriguing opportunities for investors seeking to enhance their portfolios. With numerous stocks labeled as oversold, there is potential for significant gains. Seeking out undervalued stocks could be a wise strategy, especially those showing a relative...

Continue Reading
Explore the Latest Blush Shades from Pixi Beauty's Range

Updated Category News Views 173

Pixi Beauty Introduces Three New Blush Shades Pixi Beauty has recently expanded its popular On-the-Glow Blush collection by adding three exciting new shades: Mauve, Cassis, and Chantilly. These versatile colors are designed to streamline beauty routines with a multi-use balm that enhances your natural beauty effortlessly. The Shift Toward Natural Beauty As the beauty...

Continue Reading