Immunovaccine Inc. Signs Research Agreement with Dana-Farber Cancer Institute

HALIFAX, NOVA SCOTIA--(Marketwire - April 22, 2010) - Immunovaccine Inc. (TSX VENTURE: IMV), a vaccine development company, announced today that it has signed a collaborative agreement with the Dana-Farber Cancer Institute, a principal teaching affiliate of the Harvard Medical School. The research collaboration involves formulating Dana-Farber’s HIV protein antigens in Immunovaccine’s DepoVax™ vaccine enhancement and delivery platform. The goal of this preclinical research is to establish whether this novel vaccine formulation will induce a stronger immune response.

“Dana-Farber is a leader in vaccine research and this collaboration presents an exciting opportunity to evaluate new antigens formulated in our DepoVax™ vaccine delivery platform,” said Dr. Marc Mansour, vice president of R&D at Immunovaccine. “We are hopeful this research will lead to new and expanded opportunities for our vaccine delivery platform.”

Dana-Farber Cancer Institute (www.dana-farber.org) is a principal teaching affiliate of the Harvard Medical School and a federally designated Center for AIDS Research. It is also a founding member of the Dana-Farber/Harvard Cancer Center (DF/HCC) and designated comprehensive cancer center by the National Cancer Institute.

Immunovaccine Inc. (TSX VENTURE: IMV) is a clinical stage vaccine development company focused on the commercialization of its patented DepoVax™ vaccine delivery technology and product candidates. The company continues to strengthen its vaccine pipeline through licensing and strategic partnerships to develop therapeutic cancer and infectious disease vaccines. www.imvaccine.com

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