Calypte Announces License From CDC for HIV Incidence Test
13 April 2004 - 12:05AM
PR Newswire (US)
Calypte Announces License From CDC for HIV Incidence Test ALAMEDA,
Calif., April 12 /PRNewswire-FirstCall/ -- Calypte Biomedical
Corporation (BULLETIN BOARD: CYPT) , a company engaged in
developing rapid tests for HIV diagnosis and the developer and
marketer of the only two FDA-approved HIV-1 antibody tests that can
be used on urine samples, as well as an FDA-approved serum HIV-1
antibody Western Blot supplemental test, announced today that the
Centers for Disease Control and Prevention (CDC) has granted
Calypte a worldwide, non-exclusive license enabling Calypte to use
technologies developed by the CDC to manufacture and commercialize
a serum enzyme immunoassay (HIV1 -EIA) that can be used to estimate
the proportion of HIV infections that are recently acquired in a
population (infections occurring in the last 6-8 months). Included
in the license are rights to use the proprietary synthetic peptide
antigen (called the BED antigen) based on sequences from the
immunodominant region of the glycoprotein gp41 of multiple subtypes
of HIV-1. The HIV-1 incidence test has been the subject of numerous
publications describing its usefulness as an epidemiological
measurement to track the expansion of the HIV pandemic into
susceptible populations. The laboratory assays can be used to
identify those regions and the populations within those regions
where HIV transmission is occurring most recently. This knowledge
will allow prevention resources to be focused on programs that have
been shown to be effective. The HIV-1 EIA is currently made by the
CDC and is currently being validated in a number of public health
laboratories worldwide as part of the Serologic Testing Algorithm
for Recent HIV Seroconversion (STARHS). Data collected todate is
encouraging for the surveillance use of this assay and final
evaluation and validation is expected to be completed in the next
few months. Once Calypte's production capabilities are in place,
the CDC will no longer supply this product. According to Dr.
Richard George, President and CEO of Calypte, "The use of serologic
assays to estimate HIV incidence has been used for some time and
has been proven to be an effective tool in identifying populations
most at risk for HIV. It will allow PublicHealth agencies to more
efficiently use their resources by focusing their efforts on those
groups having the greatest need using programs that are effective
for that particular risk group." Tony Cataldo, Executive Chairman
of Calypte, stated "The amount of funding being made available to
identify and treat HIV infected people is unprecedented. Calypte is
very pleased to be able to assist the CDC in making this valuable
assay more available to those countries where HIV infection is
endemic. We expect that the efficiencies resulting from the
consolidation of our manufacturing operations at our Rockville,
Maryland facility will enable us to provide a stable, high-quality
supply of this test for the foreseeable future, and that its
availability will allow more efficient use of the money now being
granted to countries around the world to fight HIV and AIDS." About
Calypte Biomedical: Calypte Biomedical Corporation, headquartered
in Alameda, California, is a public healthcare company dedicated to
the development and commercialization of in vitro diagnostic tests,
primarily for the detection of antibodies to Human Immunodeficiency
Virus (HIV), and other sexually transmitted and infectious
diseases. Calypte's currently marketed laboratory-based tests
include an enzyme immunoassay (EIA) HIV-1 antibody screening test
and an HIV-1 antibody western blot supplemental test, the only two
FDA-approved HIV-1 antibody tests for use on urine samples, as well
as an FDA-approved serum HIV- 1 antibody western blot supplemental
test. Calypte is actively engaged in developing new test products
for the rapid detection of HIV and other infectious diseases.
Calypte believes that there is a significant need for rapid
detection of such diseases globally to controltheir proliferation,
particularly in lesser-developed countries, which lack the medical
infrastructure to support laboratory-based testing. Calypte
believes that testing for HIV and other infectious diseases may
make important contributions to public health. Statements in this
press release that are not historical facts are forward-looking
statements within the meaning of the Securities Act of 1933, as
amended. Those statements include statements regarding the intent,
belief or current expectationsof the Company and its management.
Such statements reflect management's current views, are based on
certain assumptions and involve risks and uncertainties. Actual
results, events, or performance may differ materially from the
above forward-looking statements due to a number of important
factors, and will be dependent upon a variety of factors,
including, but not limited to, the Company's ability to obtain
additional financing and access funds from its existing financing
arrangements that will allow it to continue its current and future
operations and whether demand for its test products in domestic and
international markets will continue to expand. The Company
undertakes no obligation to publicly update these forward-looking
statements to reflect events or circumstances that occur after the
date hereof or to reflect any change in the Company's expectations
with regard to these forward-looking statements or the occurrence
of unanticipated events. Factors that may impact the Company's
success are more fully disclosed in the Company's most recent
public filings with the U.S. Securities and Exchange Commission
("SEC"), including its annual report on Form 10-KSB for the year
ended December 31, 2003 and its subsequent filings with the SEC.
Company Contact: Dr. J. Richard George, President and CEO (510)
749-5100 email: Investor Relations Contact: Tim Clemensen
Rubenstein Investor Relations Phone: 212-843-9337 Email:
DATASOURCE: Calypte Biomedical Corporation CONTACT: Dr. J. Richard
George, President and CEO, Calypte Biomedical Corporation,
+1-510-749-5100, ; or Investor Relations - Tim Clemensen,
Rubenstein Investor Relations, +1-212-843-9337, , for Calypte Web
site: http://www.calypte.com/
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