10:48 AM EST - BioVaxys Technology Corp. : Announced that its bioproduction partner Bio Elpida of Lyon, France, has initiated construction of a new Good Manufacturing Practice clean room facility needed for producing clinical supply of BVX-0918A, BioVaxys' ovarian cancer vaccine candidate. The design, construction and qualification of the new facility will be dedicated to autologous cancer vaccine production for BioVaxys, allowing for ovarian tumor biopsy reception and treatment within a short time frame. The GMP clean room facility is planned to be completed by the end of this year. Bio Elpida President Gilles Devilliers stated that "Bio Elpida is excited and proud to contributing to BioVaxys' pharmaceutical bioproduction process development of BVX-0918A for the European Phase I clinical. The construction of a dedicated GMP clean room facility for cancer vaccine production is well in line with Bio Elpida's strategy to remaining a leader in this specific service offering." BioVaxys Technology Corp.
shares C.BIOV are trading unchanged at $0.21.
