- Partnership based on a highly protective vaccine candidate identified by Evaxion's EDEN platform
- The collaboration will access mRNA technology from the WHO and Medicines Patent Pool's mRNA Vaccine Technology Transfer Hub
- Afrigen responsible for the development and commercialization of the resulting mRNA vaccine in LMICs and African territories
COPENHAGEN, Denmark, Sept. 20, 2023 (GLOBE NEWSWIRE) -- Evaxion Biotech A/S (NASDAQ: EVAX) ("Evaxion" or the "Company"), a clinical-stage biotechnology company specializing in the development of AI-powered immunotherapies, today announced a collaboration with Afrigen Biologics (Afrigen). The collaboration aims at developing a prophylactic vaccine based on Evaxion's EDEN-discovered gonorrhea targets.
Evaxion's Chief Scientific Officer, Birgitte Rønø, expressed enthusiasm about the collaboration, stating, "We are thrilled about this partnership. It offers a unique opportunity to deliver our EDEN-identified antigens using mRNA and it accelerates clinical validation of the EDEN platform. This partnership has the potential to address a serious unmet global medical need against the pathogen for which no vaccine currently exists."
Gonorrhea, caused by the bacteria Neisseria gonorrhoeae, is a sexually transmitted disease that exerts a significant influence on global sexual and reproductive health and elevates the susceptibility to HIV, another major health problem in many low- and middle-income countries (LMICs). The World Health Organization (WHO) has reported an alarming estimate of 82 million new gonorrhea infections occurring annually worldwide with a rise in antibiotic-resistant cases.
The EDEN-discovered antigens have demonstrated high levels of protection in preclinical studies. This partnership will explore the expression and biological activity of the antigens in mRNA format. Following the validation phase, the partners will negotiate a subsequent agreement for clinical development and commercialization, with the opportunity to bring in additional partners.
"We are excited to announce Evaxion's second partnership this week. This is a further validation of our strategy to identify the right partners who can bring our novel AI-designed vaccines to the market," said Evaxion CEO Christian Kanstrup.
Afrigen's Managing Director Professor Petro Terblanche states, "This innovative exciting partnership enables the mRNA technology platform established at Afrigen through the support of the WHO and MPP to expand the pipeline of products to be developed for the mRNA Programme. This supports the sustainability of manufacturing capacity being created in the LMIC partners."
About EDEN
EDEN is a proprietary AI platform capable of rapidly identifying those antigens that will trigger a robust and highly protective immune response against virtually any bacterial infectious disease. EDEN is fully AI-driven and designed to identify vaccine candidates faster and cheaper than current state-of-the-art methods. With EDEN, we take a novel approach to vaccine development to combat the rising global issue of antibiotic resistance. For more information, visit our website.
About EVAXION
Evaxion Biotech A/S is a clinical-stage biotech company developing world-leading AI platforms. Evaxion's proprietary and scalable technologies harness the power of artificial intelligence to decode the human immune system and develop novel immunotherapies for cancer, bacterial diseases, and viral infections. The company is committed to transforming patients' lives with unmet clinical needs by providing innovative and targeted treatment options. For more information about Evaxion and its groundbreaking immunotherapies, please visit www.evaxion-biotech.com.
About Afrigen Biologics
Afrigen Biologics is a Cape Town-based biotechnology company supported and capitalized by Avacare Healthcare Group and the Industrial Development Corporation.
Forward-looking statement
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