Country for PR: United States
Contributor: PR Newswire New York
Wednesday, August 26 2020 - 01:16
AsiaNet
EpiVax Announces Licensing of COVID-19 Vaccine Candidate to EpiVax Therapeutics
PROVIDENCE, R.I., Aug. 26, 2020 /PRNewswire-AsiaNet/ --

EpiVax, Inc. ("EpiVax"), a Rhode Island-based company and recognized leader in 
the field of computational vaccinology, today announced it has out-licensed its 
COVID-19 vaccine candidate, EPV-CoV-19, to EpiVax Therapeutics ("EVT"), a New 
York-based company previously named EpiVax Oncology.
 
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Scientists at EpiVax designed EPV-CoV-19 – a peptide-based, epitope-driven 
vaccine – utilizing their validated computational toolkit (iVAX), which enabled 
the selection of sequences representing all circulating SARS-CoV-2 genomes that 
will drive a T cell-mediated immune response, with the goal of providing 
recipients with immune system "body armor", reducing their risk of severe 
COVID-19 disease. 

With in-licensing the COVID-19 vaccine program, EVT is broadening its pipeline 
and application of its platform beyond its clinical-stage personalized cancer 
vaccine program. The venture-backed company will provide an ideal environment 
for funding and development of EPV-CoV-19. The company recently re-organized 
its executive team in preparation for the pipeline expansion and is raising $3M 
to support the new program. 

Having received a positive pre-IND response from the FDA, EVT is progressing to 
a clinical trial. It has begun GMP peptide production and is preparing the IND 
submission in parallel.

Michael Princiotta, CSO at EVT, said, "EVT is pleased to welcome the COVID-19 
vaccine program into our pipeline. We are eager to apply our vaccine platform 
and fundraising experience to advance EPV-CoV-19 into clinical trials."

Annie De Groot, CEO/CSO and cofounder of EpiVax, said, "The EpiVax team has 
done a fantastic job in the preclinical research phase. We are confident that 
EPV-CoV-19 will be safe and effective for frontline healthcare workers. We look 
forward to working with EVT to accelerate its progress to Phase I and beyond."

About EpiVax: 
EpiVax has pioneered the use of in silico immunogenicity screening toolkits for 
therapeutics and vaccines. These toolkits, ISPRI and iVAX, are used for 
advancing product development at a global roster of companies. See the latest 
peer-reviewed publications at 
https://www.frontiersin.org/articles/10.3389/fimmu.2020.00442/full and 
https://www.frontiersin.org/articles/10.3389/fimmu.2020.01301/full for more 
information about recent applications of EpiVax's in silico vaccine design and 
protein therapeutic immunogenicity assessment tools.

About EVT: 
EVT, founded in 2017, employs a world-leading technology, developed over 22 
years by EpiVax, to design vaccines that aim to activate the body's T cells to 
cure or prevent disease in the host. EVT's pipeline includes a COVID-19 vaccine 
and a personalized bladder cancer vaccine.    
      
Press Contact:
Annie De Groot, MD CEO/CSO, EpiVax
T : 401-272-2123
E: AnnieD@epivax.com  

SOURCE EpiVax, Inc.
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