Evaxion Biotech A/S (NASDAQ: EVAX), in collaboration with UMass Chan Medical School, has received a grant from the U.S. National Institutes of Health for the development of a gonorrhea lead vaccine candidate.
Evaxion recently announced a new discovery project (EVX-B2) with the aim of developing a gonorrhea vaccine based on the Company’s artificial intelligence (AI) platform EDEN. Chief Scientific Officer at Evaxion,
Birgitte Rønø, states that the scientific collaboration with UMass Chan and the grant from NIH substantiate Evaxion’s capabilities within AI-based vaccine design and allow the Company to fast-track the development of a gonorrhea vaccine candidate.
“We are grateful for the NIH grant to secure further development of the vaccine candidate in collaboration with the talented and knowledgeable scientists at UMass Chan, an academic world leader in the field of infectious diseases. We see an attractive market opportunity for this candidate and a major unmet medical need. As gonorrhea is one of the world’s most urgent antibiotic resistance threats with no vaccine available, the development of a safe and efficacious vaccine for the prevention of gonorrhea infections is critical,” stated Rønø.
Evaxion’s AI platform, EDEN, was used to identify novel, highly efficacious B-cell antigens to be included in the vaccine. In preclinical studies, the vaccine candidate has demonstrated protection against infection, holding great promise for future development and the patients in need.
EVAX shares nudged up three cents, or 1.4%, to $2.26.
Related Stories
