NEOVACS ANNOUNCES THAT THE POSITIVE RESULTS OF ITS PROOF OF CONCEPT IN ALLERGIES WITH IL-4 / IL-13 KINOID HAVE TRIGGERED THE ...
09 July 2019 - 3:30PM
NEOVACS ANNOUNCES THAT THE POSITIVE RESULTS OF ITS PROOF OF CONCEPT
IN ALLERGIES WITH IL-4 / IL-13 KINOID HAVE TRIGGERED THE FIRST
PAYMENT OF THE ANR GRANT
· PRESS
RELEASE · PRESS
RELEASE · PRESS
RELEASE
NEOVACS ANNOUNCES THAT THE POSITIVE
RESULTS OF ITS PROOF OF CONCEPT IN ALLERGIES WITH
IL-4 / IL-13 KINOID HAVE TRIGGERED THE FIRST PAYMENT OF THE ANR
GRANT
Paris and Boston, July 9, 2019 –
Neovacs – 7:30 am CEST - (Euronext Growth Paris :
ALNEV), a leader in active immunotherapies for the
treatment of autoimmune diseases, has today announced having
received a first payment within the grant awarded by the National
Agency for Research (ANR) representing a total amount up to
€702.000 , for its preclinical development program AllergyVacs,
conducted in collaboration with Inserm and the Immunology and
Allergy Department of Pasteur Institute1.
Neovacs’ proof of concept in allergies with its
new IL-4 / IL-13 Kinoid therapeutic vaccine was recently presented
at two major scientific congresses (Antibodies and Complement 2019
& EAACI2 2019), with a strong interest manifested by the
scientific and medical community. The study demonstrated in a
representative allergic asthma model that a treatment with IL-4 /
IL-13 Kinoid enhanced the production of polyclonal antibodies,
which neutralize the two targeted cytokines IL-4 and IL-13, both
being development factors for allergic asthma, thus avoiding the
occurrance of symptoms.
The submission of this preclinical results to be
published in a scientific publication is actually ongoing.
About Neovacs
Listed on Euronext Growth since 2010, Neovacs is
today a leading biotechnology company focused on an active
immunotherapy technology platform (Kinoids) with applications in
autoimmune and/or inflammatory diseases. On the basis of the
company’s proprietary technology for inducing a polyclonal immune
response (covered by four patent families that potentially run
until 2032) Neovacs is focusing its clinical development efforts on
IFNα-Kinoid, an immunotherapy being developed for the indication of
lupus, dermatomyositis and also in preclinical trial for Type 1
diabetes. Neovacs is also conducting preclinical development works
on other therapeutic vaccines in the fields of auto-immune
diseases, oncology and allergies. The goal of the Kinoid approach
is to enable patients to have access to safe treatments with
efficacy that is sustained in these life-long diseases.
www.neovacs.fr
Contacts
NEOVACSCorporate
Communication& Investor
RelationsCharlène Masson+33 1 53 10 93
00cmasson@neovacs.com |
NEWCAP –
MediaAnnie-Florence LoyerTél : +33
(0)6 88 20 35 59 / +33 (0)1 44 71 00 12afloyer@newcap.frLéa
JacquinTel : +33(0)1 44 71 20 41ljacquin@newcap.fr
|
ORPHEON
FINANCEFinancial Communication and Investor
RelationsJames Palmer+33 7 60 92 77
74j.palmer@orpheonfinance.com |
1 Cf. Press Release published January 8 , 2019
https://bit.ly/2Jo65TO
2 European Academy of Allergy and Clinical Immunology Annual
Congress
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