AVANT Receives Licensure of Its Second Food Safety Vaccine for Poultry, MeganEgg.Health/Medical Writers BIOWIRE2K NEEDHAM, Mass.--(BUSINESS WIRE)--Nov. 20, 2003 AVANT Immunotherapeutics, Inc. (Nasdaq: AVAN) today announced that it has received notification from the United States Department of Agriculture United States Department of Agriculture (USDA), n.pr established in 1862, USDA is responsible for the safety of meat, poultry, and egg products. It conducts ongoing research in areas from human nutrition to new crop technologies and also helps ensure open (USDA USDA, n.pr See United States Department of Agriculture. ) of the licensure of its Megan(R)Egg vaccine for use in breeding and laying hens. Megan(R)Egg is a double gene-modified vaccine for use in commercial breeders and egg-layers to protect against infection from Salmonella bacteria that is known to contaminate con·tam·i·nate v. 1. To make impure or unclean by contact or mixture. 2. To expose to or permeate with radioactivity. con·tam·i·nant n. eggs. Pullets generally receive three vaccinations during the growing period and are protected throughout lay without further vaccination. The primary objective of the vaccine is elimination or reduction of Salmonella enteritidis Salmonella en·ter·it·i·dis n. Gärtner's bacillus. levels in chickens, principally found in eggs, the birds and their poultry house. Lohmann Animal Health International (LAHI) will distribute Megan(R)Egg exclusively in North America. LAHI, a private company, is a leader in the North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. poultry industry, with an extensive product line of vaccines and related products, a well-established sales and marketing team, and a dedicated customer and technical support group. LAHI is committed to building a powerful force in the avian health industry. "We and our partner LAHI look forward to continued service to the poultry industry with our new product, Megan(R)Egg for pullet pullet young, female fowl from heat-weaning at about 4 weeks of age, up to point of lay at about 5 months. In some circles the first laying season is referred to as the pullet year. pullet disease see visceral gout. hens, as well as our currently marketed Salmonella vaccine, Megan(R)Vac 1 vaccine for young broilers," said Avery W. Catlin, Chief Financial Officer of AVANT Immunotherapeutics, Inc. "While the reduction of Salmonella sp. in laying and breeder hens and broilers may provide some direct bird health benefit, the primary purpose of the vaccine is increased human food safety." About Salmonella Risks in Eggs According to the Center for Disease Control (CDC See Control Data, century date change and Back Orifice. CDC - Control Data Corporation ), egg-associated salmonellosis salmonellosis (săl'mənĕlō`sĭs), any of a group of infectious diseases caused by intestinal bacteria of the genus Salmonella, is an important public health problem in the United States and several European countries. A bacterium, Salmonella enteritidis, can be inside perfectly normal-appearing eggs, and if the eggs are eaten raw or undercooked, the bacterium can cause illness. During the 1980s, illness related to contaminated contaminated, v 1. made radioactive by the addition of small quantities of radioactive material. 2. made contaminated by adding infective or radiographic materials. 3. an infective surface or object. eggs occurred most frequently in the northeastern United States, but now illness caused by S. enteritidis is increasing in other parts of the country. Approximately 40,000 people develop salmonella infection in the U.S. each year. AVANT Immunotherapeutics, Inc. is engaged in the discovery, development and commercialization of products that harness the human immune system immune system Cells, cell products, organs, and structures of the body involved in the detection and destruction of foreign invaders, such as bacteria, viruses, and cancer cells. Immunity is based on the system's ability to launch a defense against such invaders. to prevent and treat disease. The company is developing a broad portfolio of vaccines addressing a wide range of applications including bacterial and viral diseases, chronic human disease, biodefense and food safety. These include single-dose, oral vaccines that protect against important disease-causing agents and a novel, proprietary vaccine candidate for cholesterol management. AVANT's goal is to demonstrate proof-of-concept for its products before leveraging their value through partnerships. Current collaborations encompass the development of an oral human rotavirus rotavirus /ro·ta·vi·rus/ (ro´tah-vi?rus) any member of the genus Rotavirus. ro´taviral Rotavirus /Ro·ta·vi·rus/ (ro´tah-vi?rus vaccine, vaccines to combat threats of biological warfare biological warfare, employment in war of microorganisms to injure or destroy people, animals, or crops; also called germ or bacteriological warfare. Limited attempts have been made in the past to spread disease among the enemy; e.g. , and vaccines addressed to human food safety and animal health. Additional information on AVANT Immunotherapeutics, Inc. can be obtained through our site on the World Wide Web: http://www.avantimmune.com. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement Under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: This release includes forward-looking statements which reflect AVANT's current views with respect to future events and financial performance. These forward-looking statements are based on management's beliefs and assumptions and information currently available. The words "believe", "expect", "anticipate", "intend", "estimate", "project" and similar expressions which do not relate solely to historical matters identify forward-looking statements. Investors should be cautious in relying on forward-looking statements because they are subject to a variety of risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed in any such forward-looking statements. These factors include, but are not limited to: (1) the integration of multiple technologies and programs; (2) the ability to adapt AVANT's vectoring systems to develop new, safe and effective orally administered vaccines against anthrax and plague or other bioterrorism threats or emerging health care threats; (3) the ability to successfully complete development and commercialization of TP10, CETi-1, CholeraGarde(TM) (Peru-15), Ty800 and other products; (4) the cost, timing, scope and results of ongoing safety and efficacy trials of TP10, CETi-1, CholeraGarde(TM) (Peru-15), Ty800 and other preclinical and clinical testing; (5) the ability to successfully complete product research and further development, including animal, pre-clinical and clinical studies of TP10, CETi-1, CholeraGarde(TM) (Peru-15), Ty800 and other products; (6) the ability of the Company to manage multiple late stage clinical trials for a variety of product candidates; (7) the volume and profitability of product sales of Megan(R)Vac 1 and other future products; (8) changes in existing and potential relationships with corporate collaborators; (9) the availability, cost, delivery and quality of clinical and commercial grade materials supplied by contract manufacturers; (10) the timing, cost and uncertainty of obtaining regulatory approvals to use TP10, CETi-1, CholeraGarde(TM) (Peru-15) and Ty800, among other purposes, for adults undergoing cardiac surgery, to raise serum HDL cholesterol HDL cholesterol n. See high-density lipoprotein. HDL Cholesterol About one-third or one-fourth of all cholesterol is high-density lipoprotein cholesterol. levels and to protect travelers and people in endemic regions from diarrhea causing diseases, respectively; (11) the ability to obtain substantial additional funding; (12) the ability to develop and commercialize products before competitors; (13) the ability to retain certain members of management; and (14) other factors detailed from time to time in filings with the Securities and Exchange Commission. We expressly disclaim any responsibility to update forward-looking statements. |
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