Country for PR: United Kingdom
Contributor: PR Newswire Europe
Tuesday, November 10 2020 - 21:21
AsiaNet
Swiss Rockets AG announces the founding of ROCKETVAX for the development of a next-generation SARS-CoV-2 vaccine
BASEL, Switzerland, Nov. 10, 2020 /PRNewswire-AsiaNet/ --

The rapid development of an effective and safe vaccine against SARS-CoV-2 is a 
top priority for Swiss Rockets AG. A Basel-based subsidiary, RocketVax AG, was 
founded to utilize innovative Swiss technologies and expertise to achieve this 
goal.

"The development of a SARS-CoV-2 vaccine might be more complex than 
anticipated, and the first generation of vaccines may not provide the 
long-lasting, high-level protection that will be needed to end the many 
negative consequences of the global SARS-CoV-2 pandemic. A number of leading 
SARS-CoV-2 vaccine candidates use other viruses, such as adenoviruses tagged 
with just one coronavirus protein, particularly the spike protein which is 
required for the virus to enter cells. However, it is unlikely that these 
vaccines will induce strong and lasting protection against SARS-CoV-2. We 
believe that it is important to develop vaccines that cover as many SARS-CoV-2 
proteins as possible but without any pathogenic potential", says Dr. Vladimir 
Cmiljanovic, Chairman and CEO of Swiss Rockets.

Prof. Dr. Thomas Klimkait, Virologist at the University of Basel and Project 
Leader of Preclinical Development at RocketVax, explains: "As an innovative 
next-generation vaccine, RocketVax is developing a complete but 'replication 
blocked' SARS-CoV-2 virus that presents all essential protein components in the 
virus particle to the human immune system." Novel methods are being utilized in 
the production of the active ingredient. RocketVax, in a first step, relies on 
ground-breaking DNA synthesis technology from the ETH spin-off Gigabases 
Switzerland AG. The gene sequence of the desired artificial viral genome, 
optimal for an immune response, is designed using high computing power and 
advanced DNA design algorithms. The designed genome lacks one essential virus 
element needed for replication. This element is provided by a human producer 
cell, yielding complete virus particles in the laboratory. The "artificial 
virus" can be made in large quantities for use as a vaccine. This technology 
allows the rapid production of various genome sequences, enabling vaccine 
production with one or mixtures of viral sequences. It also allows for 
incorporation of any relevant SARS-CoV-2 mutations that may arise in the future.

Foundation of RocketVax AG and acquisition of the inventor rights from the ETH 
spin-off Gigabases Switzerland AG 

Swiss Rockets has acquired the exclusive rights to develop a SARS-CoV-2 vaccine 
using the breakthrough DNA synthesis technology from the ETH spin-off Gigabases 
Switzerland AG. The next generation of SARS-CoV-2 virus vaccines will be 
developed together with Gigabases and a consortium of experts from several 
leading Swiss universities and institutes.

For this purpose, Swiss Rockets has founded RocketVax AG in Basel and provides 
the necessary infrastructure with office and laboratory space as an incubator 
in cooperation with the Canton of Basel-City and the University of Basel. This 
provides RocketVax with access to the necessary biosafety laboratory. Swiss 
Rockets also acts as an accelerator by investing additional funds in the 
development of RocketVax in the medium term and is responsible for supporting 
RocketVax in national and international financing rounds. Also, management 
expertise is provided by Swiss Rockets, together with leading Swiss and 
international experts.

RocketVax works together with leading scientists

Prof. Marcel Tanner, Emeritus Professor of Epidemiology, Medical Parasitology 
and Public Health and former Director of the Swiss Tropical and Public Health 
Institute, will act as a chief scientific advisor. He is a leading clinical 
epidemiologist and a pioneer in R&D for vaccines and drugs against diseases of 
poverty and neglected tropical diseases.

Prof. Claudia Daubenberger, Head of Clinical Immunology at the Swiss Tropical 
and Public Health Institute, will support the clinical development. RocketVax 
will have access to an international clinical trial network to enable 
innovative and rapid clinical development in different human populations.
Prof. Thomas Klimkait, the virologist at the University of Basel, optimizes the 
virus production process and leads preclinical development.

Prof. Adrian Egli, Head of Molecular Verification and Sequencing at the 
University Hospital Basel, will support the preclinical and clinical 
development.

Dr. Matthias Christen, CEO of Gigabases Switzerland AG, a biotech company 
responsible for manufacturing and delivering entire DNA constructs essential 
for different vaccine candidates.

Prof. Beat Christen, Co-Founder of Gigabases Switzerland AG and Professor at 
the ETH Zurich, advises the company on DNA sequences design.

Prof. Bernd Giese from the University of Fribourg, one of the World's leading 
chemists, will provide DNA chemistry expertise.

Prof. Christian Münz, Co-head of the Institute for Experimental Immunology at 
the University of Zurich, provides expertise in new in vivo SARS-CoV-2 
infection models.

Team 
Board of Directors: 
Dr. Jeanette Wood – Chairman, Non-executive Board member 
Dr. Vladimir Cmiljanovic – Vice Chairman, Executive Board member 
Dr. Natasa Cmiljanovic – Executive Board member 
Dr. Thomas Ladner – Non-executive Board member 
Marco Illy – Non-executive Board member
Management Team: 
Dr. Vladimir Cmiljanovic – Chief Executive Officer 
Dr. Natasa Cmiljanovic – Chief Operating Officer 
Dr. Mohammad Johri – Chief Business Officer 
Dr. Josef Künzle – Chief Quality Officer 

About Swiss Rockets AG
Swiss Rockets AG, founded in 2018, is driving a paradigm shift in healthcare 
and innovation. Patients will benefit from new therapies developed with 
innovative and disruptive methods. The Swiss Rockets team combines the 
necessary expertise and experience to produce innovative medicines focusing on 
cancer and viral diseases.

The founder and CEO of Swiss Rockets AG is Dr. Vladimir Cmiljanovic, a 
medicinal chemist and entrepreneur with more than 15 years of experience 
developing cancer drugs. He is the founder of the Swiss biotech companies PIQUR 
and TargImmune. Together with his sister Dr. Natasa Cmiljanovic, co-founder and 
Scientific Director of Swiss Rockets AG, he developed cancer drugs at the 
University of Basel and founded and managed several biotech companies. Other 
co-founders are Manuel Ebner and Dr. Thomas Sander. Manuel Ebner, Managing 
Director at Bank of America Merrill Lynch Switzerland, is a strategic advisor 
to Swiss Rockets. Dr. Thomas Sander, one of the first employees of the biotech 
company Actelion, is a scientific advisor to Swiss Rockets. 

Dr. Vladimir Cmiljanovic heads the Board of Directors of Swiss Rockets AG. 
Other board members are Prof. Dr. Michael N. Hall, a renowned researcher and 
professor at the Biozentrum of the University of Basel; Dr. Natasa Cmiljanovic, 
a medicinal chemist and clinical scientist with experience in the development 
of cancer drugs; Dr. Thomas Ladner, business lawyer, founder and co-founder of 
several successful start-ups and the World.Minds Foundation; and André 
Debrunner, financial expert and fund administrator at Northern Trust 
Switzerland AG.

Picture is available at AP Images (http://www.apimages.com)
 
For further information and to arrange interviews, please contact:
KCCC Korfmann Corporate Communications Consulting AG  
Dr. Sabina Korfmann-Bodenmann 
Managing Director 
Zeltweg 40 
8032 Zurich 
T. +41 43 244 87 37 
E. s.korfmann@kccc.ch  
Swiss Rockets AG 
Dr. Vladimir Cmiljanovic 
Chief Executive Officer 
Rittergasse 3 
4051 Basel 
T. +41 61 561 54 21 
E. vladimir.cmiljanovic@swissrockets.com 
www.swissrockets.com 

Source:  Swiss Rockets AG
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