Ein neuer US- Bio- Star!
In Zusammenarbeit mit der UNI OHIO konnte VICAL breits beweisen, datt Hasen von dem Impfstoff gegen Anthrax immunisiert wurden.
Die Aktien der an der Nasdaq gelisteten Firma stiegen gestern gegen den Trend um mehr als 25 Prozent.
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Vical to Raise $15.4 Million in Registered Direct Offering
Friday , May 22, 2009 08:30ET
SAN DIEGO, May 22, 2009 (GLOBE NEWSWIRE) -- Vical Incorporated (Nasdaq:VICL) today announced that it has received commitments from two institutional investors, including Federated Kaufmann Fund, to purchase approximately $15.4 million of securities in a registered direct offering. Vical expects to receive net proceeds of approximately $14.6 million after deducting placement agent fees and other offering expenses. Under the terms of a Securities Purchase Agreement, Vical will sell an aggregate of 6,666,667 shares of its common stock and options to purchase up to 3,333,333 additional shares of its common stock. Each unit, consisting of one share of common stock and an option to purchase approximately one-half of a share of common stock, will be sold for a purchase price of $2.3125. The options to purchase additional shares will be exercisable six months after issuance at $2.25 per share and will expire 90 days from the date they are first exercisable. All of the securities were offered pursuant to an effective shelf registration statement. Proceeds from the transaction will be used in the further development of Vical's ongoing programs, as well as for other general corporate purposes.
Rodman & Renshaw, LLC, a subsidiary of Rodman & Renshaw Capital Group, Inc. (Nasdaq:RODM) acted as the placement agent for the transaction.
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6:31AM Vical announces issuance of U.S. patent for universal influenza vaccine approach (VICL) 2.20 : Co announces the issuance of U.S. Patent No. 7,537,768 covering the use of influenza virus gene sequences in a universal vaccine that could provide protection against circulating seasonal strains as well as emerging pandemic strains of influenza viruses.
(RTTNews) - Vical Inc. (VICL) announced that it has completed second-year milestones under a three-year, $6.0 million grant awarded in 2007, and is advancing with the development of a DNA vaccine manufacturing process with the potential to produce several million doses of vaccines in a matter of days.
The RapidResponse system is designed to allow extremely rapid and large-scale production of DNA vaccines with low capital requirements. It is ideally suited to enable an immediate response against emerging diseases affecting large populations, such as H1N1 or H5N1 pandemic influenza or severe acute respiratory syndrome (SARS).
The company is proceeding with the development of the RapidResponse platform under the third year of grant funding awarded by the National Institute of Allergy and Infectious Diseases (NIAID), part of the National Institutes of Health or NIH.
For comments and feedback: contact editorial@rttnews.com
Thu Jun 18, 2009 7:35am EDT Email | Print | Share| Reprints | Single Page[-] Text [+]
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* Says meets second-year milestones
* Platform allows large-scale production of DNA vaccines
June 18 (Reuters) - Vical Inc (VICL.O) said it is taking the development of its DNA vaccine manufacturing process into the third year, under a $6 million grant from the National Institutes of Health, after meeting its second-year milestones.
The RapidResponse system significantly reduces the time required to develop, manufacture and deploy vaccines against emerging diseases during the early stages of an infectious outbreak, the company said in a statement.
Vical said the system is ideally suited against diseases like H1N1 or H5N1 pandemic influenza or severe acute respiratory syndrome (SARS).
For the alerts, please double-click [ID:nWNAB0913] (Reporting by Shailesh Kuber in Bangalore; Editing by Deepak Kannan)
(RTTNews) - Tuesday, Vical Inc. (VICL) said its licensee, AnGes MG, Inc., reported approval by the U.S. Food and Drug Administration or FDA of the Special Protocol Assessment or SPA agreement for a Phase 3 clinical trial of its Collategene angiogenesis product for patients with advanced peripheral arterial disease or PAD. The study will be multinational, randomized and placebo-controlled with a target population of 560 patients.
PAD is a major health problem caused mostly by atherosclerotic narrowing of lower limb arteries that significantly reduces the blood flow to the limbs. Early symptoms of PAD include transient pain in the legs upon walking, a condition called intermittent claudication, which is caused by ischemia.
The company stated that the phase 3 trial will enroll no option as well as poor option patients with chronic and severe ischemia of the lower limb or Critical Limb Ischemia. No option patients are those unable to get an endovascular intervention or surgical bypass procedure due to inflow, conduit or outflow reasons or due to a severe and irreversible co-morbidity where surgery is contraindicated.
For comments and feedback: contact editorial@rttnews.com
(RTTNews) - Tuesday, Vical Inc. (VICL) said it will present an overview of its DNA vaccine and adjuvant technologies and an update on its clinical-stage vaccine development programs at the Phacilitate Vaccine Forum. Alain Rolland, Vical's Executive Vice President of Product Development, is scheduled to present on Wednesday, January 27, at 12:55 p.m.
Rolland's presentation, "Delivery systems and adjuvants for DNA-based vaccines: Development of prophylactic and therapeutic vaccines," highlights the interim Phase 2 clinical data for the company's TransVax therapeutic cytomegalovirus or CMV vaccine for transplant recipients, and the development of its Vaxfectin-adjuvanted H5N1 and H1N1 pandemic influenza DNA vaccines.
For comments and feedback: contact editorial@rttnews.com
SAN DIEGO, Jan. 28, 2010 (GLOBE NEWSWIRE) -- Vical Incorporated (Nasdaq:VICL) today announced that the company has completed enrollment of the planned 375 subjects in its multinational Phase 3 trial of Allovectin-7(R) in patients with metastatic melanoma. Allovectin-7(R) is a novel gene-based immunotherapeutic with a unique mechanism of action that is fundamentally different from currently approved treatments, and has the potential to be the first new primary treatment approved for metastatic melanoma in nearly 20 years.
"We are pleased to complete enrollment in this pivotal Phase 3 Allovectin-7(R) trial," said Vijay Samant, Vical's President and Chief Executive Officer. "We focused our recruitment efforts in North America, major European countries, Israel and Brazil, paving the path toward approvals in these key melanoma markets. Through the Special Protocol Assessment (SPA) process with the FDA, we designed our trial to demonstrate the advantages of our approach and improve the probability of success in achieving our primary endpoint of overall response rate."
"Immunotherapy takes longer than chemotherapy to begin working," added Mr. Samant, "but responses typically last longer as well. We believe our primary trial endpoint -- comparing response rates after at least 6 months of treatment -- captures the long-term benefit of Allovectin-7(R) over chemotherapy. We designed our trial to include patients most likely to benefit from our treatment, and specifically excluded patients with brain or liver metastases, patients previously treated with chemotherapy, and patients with elevated LDH levels. Our trial allows physicians to keep treating patients through at least two treatment cycles -- long enough for our immunotherapy to start working."
Allovectin-7(R)'s safety profile is excellent -- with no drug-related serious adverse events reported to date in the Phase 3 trial. Three independent Safety Monitoring Board reviews revealed no safety concerns and support continuation of the current trial.
The AIMM Trial
Vical is conducting the AIMM (Allovectin-7(R) Immunotherapeutic for Metastatic Melanoma) trial, a Phase 3 pivotal trial of the company's Allovectin-7(R) cancer immunotherapeutic as first-line therapy in approximately 375 patients with Stage III or IV recurrent metastatic melanoma in accordance with a SPA agreement completed with the U.S. Food and Drug Administration (FDA). Patients may have been previously treated with surgery, adjuvant therapy, and/or biotherapy, but cannot have been previously treated with chemotherapy. The patients were randomized on a 2:1 basis: approximately 250 patients for treatment with Allovectin-7(R) and approximately 125 for treatment with their physician's choice of either of two chemotherapy agents, dacarbazine or temozolomide. The primary endpoint is a comparison of overall response rates at 24 weeks or more after randomization. The study will also evaluate safety and tolerability as well as survival.
Under a previously announced collaborative agreement, AnGes MG, Inc., is funding the AIMM trial through a series of cash payments and equity investments. Vical has received the full $22.6 million committed by AnGes. In exchange for funding the trial, AnGes received exclusive marketing rights in Japan and other key Asian countries, and Vical is obligated to pay AnGes tiered royalties based on defined sales levels in the United States, and fixed royalties on rest-of-world sales. AnGes is obligated to pay Vical royalties on product sales in the specified Asian countries, plus certain sales-based milestone payments if defined sales levels are achieved. Each company will be responsible for obtaining regulatory approvals in any countries where it plans to market Allovectin-7(R).
Allovectin-7(R)
Allovectin-7(R) is a plasmid/lipid formulation containing the DNA sequences encoding HLA-B7 and beta-2 microglobulin, which together form a Major Histocompatibility Complex Class I antigen. Injection of Allovectin-7(R) directly into tumors is designed to stimulate an immune response against both local and distant metastatic tumors.
Vical estimates that the worldwide market for Allovectin-7(R) as a treatment for metastatic melanoma could exceed $500 million annually, and applications for other types of cancer could further expand its total use. Because the mechanism of action for Allovectin-7(R) is not melanoma-specific, it has the potential to be used in any solid tumors. AnGes' interest in Allovectin-7(R) is driven by evidence of its activity in previous Phase 1/2 U.S. trials in head and neck cancer, which is far more prevalent than melanoma in Asia. Vical has produced all clinical lots used in the development of Allovectin-7(R), and the company's existing cGMP manufacturing facility has the capacity to meet anticipated commercial needs for several years after initial product launch.
Allovectin-7(R) has been granted orphan drug designation for the treatment of invasive and metastatic melanoma by the FDA'sOffice of Orphan Products Development. Orphan drug designation provides U.S. marketing exclusivity for seven years if marketing approval is received from the FDA, in addition to certain tax benefits for qualifying expenses.
Metastatic Melanoma
The American Cancer Society estimated that more than 68,700 new diagnoses of, and approximately 8,650 deaths from, melanoma would occur in 2009 in the United States. There are no consistently effective therapies for advanced cases of metastatic melanoma where the cancer has spread to other parts of the body. The toxicity associated with FDA-approved treatments such as dacarbazine or interleukin-2 is often significant, resulting in serious or life-threatening side effects in many of the patients treated. Patients with metastatic melanoma often are treated off-label with drugs such as temozolomide, which has been approved by the FDA for the treatment of certain types of brain cancer but not for the treatment of metastatic melanoma. Temozolomide is an orally-delivered pro-drug that converts in the body into the same active compound as dacarbazine.
About Vical
Vical researches and develops biopharmaceutical products based on its patented DNA delivery technologies for the prevention and treatment of serious or life-threatening diseases. Potential applications of the company's DNA delivery technology include DNA vaccines for infectious diseases or cancer, in which the expressed protein is an immunogen; cancer immunotherapeutics, in which the expressed protein is an immune system stimulant; and cardiovascular therapies, in which the expressed protein is an angiogenic growth factor. The company is developing certain infectious disease vaccines and cancer therapeutics internally. In addition, the company collaborates with major pharmaceutical companies and biotechnology companies that give it access to complementary technologies or greater resources. These strategic partnerships provide the company with mutually beneficial opportunities to expand its product pipeline and address significant unmet medical needs. Additional information on Vical is available at www.vical.com.
The Vical Incorporated logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=5768
This press release contains forward-looking statements subject to risks and uncertainties that could cause actual results to differ materially from those projected. Forward-looking statements include whether Vical or others will continue developing Allovectin-7(R); whether Allovectin-7(R) will be approved as primary treatment for metastatic melanoma in the United States or any other countries; whether the AIMM trial will meet its primary endpoint or any other trial endpoints; whether Allovectin-7(R) will achieve a higher response rate than chemotherapy after 6 months or more; whether any patients will derive benefit from treatment with Allovectin-7(R); whether treatment through two 8-week cycles will be sufficient for Allovectin-7(R) to start working in any patients; whether the safety profile of Allovectin-7(R) will continue through trial completion; whether Vical will receive any or all of the sales-based milestone payments and royalties from AnGes for sales in the specified Asian countries, which will depend on the efforts of AnGes; whether any sales will be generated outside the specified Asian countries, which will depend on the efforts of Vical and potentially additional partners; whether Allovectin-7(R) will generate revenues exceeding $500 million annually for metastatic melanoma, if any; whether Allovectin-7(R) will be successfully developed and commercialized for head and neck cancer or other indications; whether the company's existing manufacturing facility will meet commercial needs for several years after initial product launch, if at all; whether Vical will derive market exclusivity for seven years, if at all, or any tax benefits from the Allovectin-7(R) orphan drug designation; whether any product candidates will be shown to be safe and effective in clinical trials; the timing, nature and cost of clinical trials; whether Vical or its collaborative partners will seek or gain approval to market any product candidates; whether Vical or its collaborative partners will succeed in marketing any product candidates; and additional risks set forth in the company's filings with the Securities and Exchange Commission. These forward-looking statements represent the company's judgment as of the date of this release. The company disclaims, however, any intent or obligation to update these forward-looking statements.
CONTACT: Vical IncorporatedAlan R. Engbring
(858) 646-1127
www.vical.com