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Posts Tagged ‘HIV’

Profectus BioSciences injects $4.4M in grants for vaccine tech

Tuesday, October 5th, 2010

ProfectusBALTIMORE – Profectus BioSciences Inc., a company developing vaccines to treat and prevent chronic viral diseases such as AIDS, has won $3.1 million in National Institute of Health grants. The company also received NIH collaborative grants to Dr. Robert Gallo, director of the Institute of Human Virology of the University of Maryland School of Medicine.

The grants support the development of the company’s Transition State Vaccine (TSV) technology for a prophylactic HIV Vaccine.

The company harnesses the human immune system to treat and prevent viral diseases and cancers via its proprietary vaccines.

Originally developed at the IHV, the TSV strategy targets the adaptive immune response to the most protected portions of HIV envelope spikes that are considered the “Achilles heel” of all HIV isolates.

The TSV is being developed as a subunit protein and also for delivery utilizing the Company’s plasmid DNA and recombinant Vesicular Stomatitis Virus vaccine vectors. Thus far, the TSV approach has generated significant protective responses in several non-human primate models for HIV.

Its unfortunate that many attempts to develop an effective HIV vaccine have so far had poor results in human trials. New approaches–such as that of Profectus, may eventually have better results.

Numerous Southeast companies are working on ways to fire up the human immune system to battle cancers. While results have been promising for some, the slow movement through the pre-clinical and clinical trial process means we probably won’t see any of them hit the market for a good many years yet.

But we think the increased knowledge of how to bring the immune system to bear on fighting AIDS, cancers, and other diseases is going to have revolutionary results in future medicine.

To email TJS Editor/writer Allan Maurer: Allan at TechJournalSouth dot com.

Durham-based Argos Therapeutics near close on $6M raise

Wednesday, September 22nd, 2010

Argos TherapeuticsDURHAM, NC – Argos Therapeutics, has raised $4.85 million of a targeted $6 million mixed securities offering, according to a regulatory filing.

Argos investors Lumira Capital, Forbion Capital Partners, CDP Capital, Intersouth Partners, Aurora Capital, and GeneChem, Mizuho Capital, Morningside Group and Japan Asia Investment Co.

The company raised a $35.2 million C round led by TVM capital in 2008. Formerly Merix BioScience Inc., the company has raised approximately $80 million in backing since 1997. The company disclosed the current offering in a filing with the US Securities and Exchange Commission.

The company is developing therapies that attempt to bring the immune system to bear on cancer and infections. It says the new approach offers real promise in the fight against many of the deadliest maladies.

Argos acquired its original dendritic cell technology from Duke University and Rockefeller University and has significantly improved it. It based on optimizing a patient’s own dendritic cells—the most potent stimulators of the immune system—to trigger a patient-specific immune response. They “program” the cells to recognize the patient’s specific cancer or virus.

The result is a specifically personalized immunotherapy.

Argos Therapeutics reported positive Phase II clinical trial results of its individualized HIV treatment at the AIDS Vaccine 2009 Conference.

The company said its AGS-004 had “unprecedented results” for its immunotherapy. The company plans additional Phase II testing to confirm the results, which tested for safety of the treatment and its impact on a patient’s viral load.

See TechJournal South’s 2009 profile of Argos for more information on its technology.