BiondVax’s Universal Vaccine Patent Approved in Israel

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BiondVax Pharmaceuticals Ltd. (BVXV), an Israeli-based clinical stage biopharmaceutical company focused on developing and commercializing immunomodulation therapies for infectious diseases, announced that their patent application on the Multimeric Multi-Epitope Polypeptide Influenza Vaccines was accepted in Israel.

Dedicated to the development of a universal flu vaccine, BiondVax’s technology utilizes a unique, proprietary combination of conserved and common epitopes from influenza virus proteins to activate both arms of the immune system for a cross-protecting and long-lasting effect. The Company holds a worldwide exclusive license granted by Yeda Research and Development Ltd. for developing, manufacturing and commercializing the vaccine.

"We are very pleased that the Israeli patent authorities accepted the uniqueness of our universal flu vaccine solution, approving this main patent of BiondVax,” said Ron Babecoff, CEO of BiondVax. “Our solution is patent protected in many of the countries where we believe our vaccine will provide increased protection to the local population from flu, including multiple European countries, in the United States and in the Far East."

BiondVax also holds patent protection in various countries, namely the United States, Europe, Japan, Hong Kong, Australia, China, Russia, and Mexico. In November, the company received patent approval in Korea as well.Furthermore, the company recently revealed significant progress in their third quarter of 2015 towards an interim goal of reaching phase 3 trials in the 2017/2018.

The flu leaves millions around the world vulnerable, particularly children and the elderly, to other life-threatening infections. Not only does BiondVax’s Universal Flu Vaccine protect against all flus, the vaccine will also provide a much needed relief to fighting a pandemic threat. With Israel added to the growing list of countries where this technology is approved, BiondVax is bringing the world one step closer to a solution that actually works.

For more information about BiondVax, visit www.biondvax.com.

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Companies

Symbol Name Price Change % Volume
BVXV BiondVax Pharmaceuticals Ltd. 3.85 0.18 4.94 1,000

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