Aethlon CEO Discusses Project BioShield Legislation and Treatment Strategies for Biological Weapons.SAN DIEGO -- Aethlon Medical, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :AEMD AEMD Automotive Electric Motor Drive (US Department of Energy program) ) announced that its Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , James A. Joyce, participated yesterday as a member of the Project BioShield panel at the Federal Biodefense Research Conference in Washington, DC. In this capacity, Mr. Joyce discussed issues pertaining to Project BioShield legislation, and disclosed that the definition of countermeasure against biological weapons would be expanded to include medical devices in new legislation. The language had previously limited the scope of therapeutic countermeasures to be solely inclusive of drugs and vaccines. "As the developer of a device targeted to treat pandemic pandemic /pan·dem·ic/ (pan-dem´ik) 1. a widespread epidemic of a disease. 2. widely epidemic. pan·dem·ic adj. Epidemic over a wide geographic area. n. viral conditions, including pathogens most likely to be weaponized for bioterror attacks, the expansion of the countermeasure language opens the door for our technology to be considered in future stockpiling procurements by the Department of Health & Human Services (DHHS DHHS Department of Health & Human Services (US government) DHHS Dana Hills High School (Dana Point, California) DHHS Deaf and Hard of Hearing Services DHHS Deaf and Hard of Hearing Services )," stated Mr. Joyce In addition to Mr. Joyce, the five-member panel was comprised of senior executives from the Food And Drug Administration (FDA FDA abbr. Food and Drug Administration FDA, n.pr See Food and Drug Administration. FDA, n.pr the abbreviation for the Food and Drug Administration. ), DHHS, and management from two organizations recently awarded contracts under Project BioShield for the federal government to purchase and stockpile approximately $1.8 billion in anthrax vaccines. During a formal presentation, Mr. Joyce discussed the potential capabilities of the Aethlon Hemopurifier(TM) to be a first line of defense in treating drug and vaccine resistant bioweapons, including those genetically modified for increased virulence. Mr. Joyce also emphasized the importance of deploying post-exposure treatment strategies for individuals exposed to biological weapons that have not yet been identified. "The vast majority of class 'A' pathogens addressed in Project Bioshield are currently untreatable Un`treat´a`ble a. 1. Incapable of being treated; not practicable. with drugs and vaccines," added Mr. Joyce. "In the absence of effective therapeutics, we believe the Hemopurifier provides the best hope in treating military and civilian populations exposed to biological weapons." About Aethlon Medical Aethlon Medical is pioneering the development of immunotherapeutic devices able to mimic the immune response immune response n. An integrated bodily response to an antigen, especially one mediated by lymphocytes and involving recognition of antigens by specific antibodies or previously sensitized lymphocytes. of clearing viruses and viral toxins from circulation. The Company's lead product, the Hemopurifier(TM), converges the established principals of hemodialysis and affinity chromatography with the discovery of compounds that effectively adhere to the surface of a multiple envelope viruses. The Hemopurifier(TM) is targeted to treat acute and chronic infectious diseases, including, drug and vaccine resistant Biological Weapons, the Human Immunodeficiency Virus human immunodeficiency virus n. HIV. Human immunodeficiency virus (HIV) A transmissible retrovirus that causes AIDS in humans. (HIV HIV (Human Immunodeficiency Virus), either of two closely related retroviruses that invade T-helper lymphocytes and are responsible for AIDS. There are two types of HIV: HIV-1 and HIV-2. HIV-1 is responsible for the vast majority of AIDS in the United States. ), and the Hepatitis-C Virus (HCV HCV abbr. hepatitis C virus HCV 1 Hepatitis C virus, see there 2. Human coronavirus. See Coronavirus. ). The Company has an experienced management team, which receives support and guidance from globally recognized science and regulatory advisors representing the infectious disease, biowarfare, and dialysis industries. More information on Aethlon Medical and the Hemopurifier(TM) technology can be found at www.aethlonmedical.com. Certain of the statements herein may be forward-looking and involve risks and uncertainties. Such forward-looking statements involve assumptions, known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Aethlon Medical, Inc to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements. Such potential risks and uncertainties include, without limitation, the Company's ability to raise capital when needed, the Company's ability to complete the development of its planned products, the ability of the Company to obtain FDA and other regulatory approvals permitting the sale of its products, the Company's ability to manufacture its products and provide its services, the impact of government regulations, patent protection on the Company's proprietary technology, product liability exposure, uncertainty of market acceptance, competition, technological change, and other risk factors. In such instances, actual results could differ materially as a result of a variety of factors, including the risks associated with the effect of changing economic conditions and other risk factors detailed in the Company's Securities and Exchange Commission filings. |
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