Vaxil Reports Promising Results From Its Follow-Up Clinical Trial of ImMucin in Multiple Myeloma a Patients

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Ness Ziona, 18th June 2013. Vaxil Bio (TASE: VAXL) which is developing therapeutic vaccines to treat cancer and infectious diseases, reports promising results that were observed in its follow-up study VAXIL-002 on multiple myeloma patients. Four out of the five patients enrolled in the study are still in a remission from their illness and have been so for a period of between 12 and 26 months following completion of their treatment with ImMucin, the company's therapeutic vaccine. The fifth patient was in a period of remission of 13 months following completion of his treatment with ImMucin until the disease returned and he was taken out of the study. Monitoring of these patients is being carried out at Hadassah Medical Center, Jerusalem and the patients are not receiving any other treatments.

These results will be presented by Dr. Lior Carmon in the IATI-BIOMED conference which is taking place this week in Tel Aviv.

In April 2013, Vaxil reported on its success in meeting all the endpoints of the clinical trial VAXIL-001 on 15 patients with multiple myeloma (a bone marrow cancer). All the patients enrolled in this study were experiencing a gradual re-emergence of the disease after a period of remission that had been attained by an autologous stem cell transplantation. The results demonstrated a high safety profile for ImMucin. In addition, 100% of the patients demonstrated a strong immunological response to ImMucin. Furthermore, nine of the 15 patients demonstrated a clinical response. Of these, five patients ended the study in a state of Complete Response and a further four ended the study with Stable Disease, which required no further treatment.

Please view this animated film which explains how Vaxil's therapeutic vaccine ImMucin works http://www.youtube.com/watch?feature=player_embedded&v=XhEwj6Ue13s#!

About Vaxil

Vaxil is an Israeli clinical stage biotechnology company developing therapeutic vaccines to treat cancer and infectious diseases. The company's vaccines are based on its proprietary technology, VaxHit, which identifies vaccine candidates (Signal peptide domains) with the ability to create a specific, strong and promiscuous reaction in various immune system types (PAN-HLA). As opposed to traditional prophylactic vaccines which protect healthy people from disease, a therapeutic vaccine takes sick people and seeks to educate their immune system to identify and destroy cancer cells (or pathogens in the case of infectious diseases) in a safe, efficient and focused manner, typically with far fewer side effects than other cancer treatments. From the patient’s perspective a therapeutic vaccine is a drug.

Vaxil’s lead product, ImMucin, teaches the patient’s immune system to identify and destroy cells which display a specific domain from the cancer marker MUC1 (which appears on 90% of all cancers). In 2013, Vaxil completed a Phase I/II clinical study with ImMucin on multiple myeloma patients. The study succeeded in meeting all endpoints. Vaxil is currently planning a Phase II study using ImMucin in multiple myeloma and a further study in a solid tumor (e.g. lung or breast cancer.

Vaxil is also developing MTBuVax, a therapeutic vaccine for tuberculosis (“TB”). Globally, TB is one of the largest causes of mortality. Although most TB cases occur in developing countries, over the last few years, there has been an increase in incidence rates in the western world due to the low efficacy of the current TB vaccine (BCG), increased global travel movements, the mutation of the TB bacteria to new strains which are resistant to drug treatment and a strong link of TB with HIV infection. MTBuVax is in pre-clinical studies. Vaxil was founded in 2006 by Dr. Lior Carmon, an expert in cancer immunotherapy, who holds a PhD from the Weizmann Institute in tumor immunology, and Julian Levy, a seasoned biotechnology entrepreneur who holds an MA from Cambridge University in Law. The two have considerable experience founding and running bio-tech projects.

For further details please visit the company's website at www.vaxilbio.com

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