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Press Release - Vical Incorporated (VICL-NASDAQ)

“We can apply our technology for vaccines; we can apply it for proteins, animal health applications, cancer. We are focusing on vaccines because vaccines are now probably the single most important medical advance that is going to be required in the next fifty years to deal with a variety of diseases as well as a variety of cancers. We are focused on one of the most lucrative applications of this technology.” - Vijay B. Samant (VICL) (Interview published February 15, 2007)

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Vical Licensee Sanofi-aventis Completes Enrollment in Phase 3 Angiogenesis Trial

SAN DIEGO, Sept. 28, 2009 (GLOBE NEWSWIRE) -- Vical Incorporated (Nasdaq:VICL) announced today that the company's licensee, sanofi-aventis, has confirmed the completion of enrollment in a multinational 500-patient pivotal Phase 3 clinical trial of its angiogenesis therapy based on Vical's non-viral DNA delivery technology. Sanofi-aventis expects final data from this trial in late 2010.

"We are pleased that sanofi-aventis, one of our two partners in the angiogenesis field, has advanced according to plan with the Phase 3 testing of this novel therapy," said Vijay B. Samant, Vical's President and Chief Executive Officer, "and we would expect timely trial completion. Angiogenesis is among the most promising near-term human applications of our DNA delivery technology, and represents a substantial potential market for which there is no adequate therapy. The ability of plasmid DNA to induce production of angiogenesis protein locally at the site of injection ideally matches the desired treatment profile for peripheral vascular disease."

The NV1FGF therapy contains DNA encoding Fibroblast Growth Factor 1 (FGF-1), a growth factor that stimulates the growth of blood vessels, and is intended to reduce the need for amputations in patients suffering from critical limb ischemia. Sanofi-aventis previously reported results from a Phase 2 trial in 107 patients demonstrating a statistically significant reduction in the rate of both major amputations and all amputations in patients receiving NV1FGF compared with those receiving placebo.

The TAMARIS study is a double-blind, placebo-controlled Phase 3 trial in approximately 500 patients with critical limb ischemia. Four doses of 4 mg each are administered by intramuscular injection at two-week intervals, and follow-up continues for one year. The primary objective of the study is to demonstrate the superiority of NV1FGF treatment over placebo in the prevention of major amputation above the ankle of the treated leg or of death from any cause, whichever comes first, in critical limb ischemia patients with skin lesions. Additional information on the trial is available at www.clinicaltrials.gov/ct2/show/NCT00566657.

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 statements about Vical's technologies, the NV1FGF angiogenesis therapy and the TAMARIS Phase 3 trial, as well as the company's focus, collaborative partners, and independent and partnered product candidates. Risks and uncertainties include whether sanofi-aventis or others will continue development of NV1FGF or any other product candidates; whether NV1FGF Phase 2 results will be predictive of Phase 3 results; whether NV1FGF will achieve the safety and efficacy endpoints in the Phase 3 trial; whether data from the TAMARIS trial will be available in late 2010, if at all; whether Vical or its collaborative partners will seek or gain approval to market any other 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 Incorporated 
          Alan R. Engbring
          (858) 646-1127
          www.vical.com

			
 

			
 

 

			
 
 
 

 

			
 
 
 
 




    

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