Data from Multiple Phase I Trials Incorporating GenVec Technology Presented at International AIDS Conference; Safety and Immunogenicity Data Presented by NIH VRC and HVTN.GAITHERSBURG, Md. -- GenVec, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : GNVC) announced today that results from multiple Phase 1 clinical trials were presented at the AIDS Vaccine AIDS vaccine A hypothetical vaccine intended to either prevent HIV infection or ensure that those infected will not fall victim to AIDS; the most promising vaccine is that using a naked DNA plasmid, reported by Letwin et al in 20/10/00 Science; as of early 2001, 2006 Conference in Amsterdam this week. The HIV vaccine HIV vaccine AIDS As of mid-2005, there is no viable anti-HIV vaccine. See AIDS. incorporating GenVec's adenovector-based technology was well tolerated, and results were consistent with previously reported data: induction of potent immune responses when the vaccine was used alone or in combination with a DNA DNA: see nucleic acid. DNA or deoxyribonucleic acid One of two types of nucleic acid (the other is RNA); a complex organic compound found in all living cells and many viruses. It is the chemical substance of genes. primer vaccine. The results support the rationale for advanced clinical testing. In a study of the HIV vaccine incorporating GenVec's adenovector-based technology given to 40 volunteers as a single dose of either 1e10 Particle Units (PU) or 1e11 PU, both doses showed stimulation of T-cells against the multiple antigens contained in this vaccine. The study was presented by Dr. Larry Peiperl of University of California The University of California has a combined student body of more than 191,000 students, over 1,340,000 living alumni, and a combined systemwide and campus endowment of just over $7.3 billion (8th largest in the United States). School of Medicine San Francisco, and the study was conducted by the HIV Vaccine Trials Network The HIV Vaccine Trials Network is a collaboration between physicians, scientists and activists that conducts clinical trials seeking a safe and effective HIV vaccine. They review potential vaccines for safety, immune response and efficacy. (HVTN HVTN HIV Vaccine Trials Network ). In a second study presented by Dr. Richard Koup of the Vaccine Research Center (VRC (Vertical Redundancy Check) An error checking method that generates and tests a parity bit for each byte of data that is moved or transmitted. VRC - Vertical Redundancy Check ), National Institute of Allergy and Infectious Diseases, National Institutes of Health, cellular immune responses were analyzed in 14 volunteers given a DNA prime followed by a boost with the HIV vaccine incorporating GenVec's adenovector technology. Dr. Koup reported that these data indicate that the combination of priming and boosting produces more polyfunctional T-cells than either modality alone. "Polyfunctional T-cells are a hallmark of existing vaccines such as the effective smallpox vaccine smallpox vaccine n. A vaccine containing vaccinia virus suspensions that is inoculated subcutaneously to immunize against smallpox. and are also believed to be important for an effective HIV vaccine. A similar breadth of polyfunctional T-cells occurs in patients who have 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. but do not progress rapidly to AIDS," commented Dr. Rick King, GenVec's Senior VP of Research. In addition to the clinical presentations described above, there were presentations given by Drs. Gary Nabel and John Mascola of the VRC highlighting several next generation HIV vaccine approaches using GenVec adenovector technology. GenVec, Inc. is a biopharmaceutical company developing novel gene-based therapeutic drugs and vaccines. Additional information on GenVec and its portfolio of product candidates is available at www.genvec.com and in the company's various filings with the Securities and Exchange Commission. Statements herein relating to future financial or business performance, conditions or strategies and other financial and business matters, including expectations regarding future programs and studies, are forward-looking statements within the meaning of 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 . GenVec cautions that these forward-looking statements are subject to numerous assumptions, risks and uncertainties, which change over time. Factors that may cause actual results to differ materially from the results discussed in the forward-looking statements or historical experience include risks relating to the early stage of GenVec's product candidates under development; uncertainties relating to clinical trials; the timing and content of future U.S. Food and Drug Administration regulatory actions with respect to GenVec, its product candidates, or collaborators, risks relating to the commercialization, if any, of GenVec's proposed product candidates (such as marketing, regulatory, patent, product liability, supply, competition and other risks); dependence on the efforts of third parties; dependence on intellectual property; and risks that we may lack the financial resources and access to capital to fund our operations. Further information on the factors and risks that could affect GenVec's business, financial conditions and results of operations, are contained in GenVec's filings with the U.S. Securities and Exchange Commission (SEC), which are available at www.sec.gov. These forward-looking statements speak only as of the date of this press release, and GenVec assumes no duty to update forward-looking statements. |
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