UPPSALA, February 8, 2012 -- Isconova AB announces that its partner, VetBioChem, has launched two new dog and cat rabies vaccines on the Russian market. Both vaccines contain Isconova’s Matrix-MTMVet adjuvant, and Isconova will receive production revenues and royalties on sales.
Since 2010 Isconova and VetBioChem, a leading Russian animal health company, have collaborated on the development of rabies vaccines for dogs and cats, and these vaccines, Rabix and Rabifel, are the first marketed veterinary vaccines using Isconova’s adjuvant Matrix-M™Vet. The agreement with VetBioChem includes revenues for Isconova for the supply of Matrix-M™Vet as well as royalties based on future sales of the rabies vaccines.
Russell Greig, acting CEO of Isconova, commented;
“We are very pleased that Rabix and Rabifel have been launched in Russia where rabies is a serious problem for both animals and humans. The launch of these Matrix-M™ based vaccines is further validation of our adjuvant technology platform and marks another step towards launching additional vaccines based on Isconova’s enabling technology in new markets.”
For more information, please contact:
Gerd Rundström, COO, Isconova AB
Tel +46 18 16 17 06, e-mail: gerd.rundstrom@isconova.com
About Isconova
Isconova AB is a leading international vaccine adjuvant company. Isconova has deep knowledge of vaccine systems, and the company develops vaccines together with partners in the human and veterinary markets. The first vaccine using Isconova’s nano-particle Matrix technology, Equilis®Prequenza, was launched on the veterinary market in 2006. In the human market a number of vaccines are under development with Isconova’s third generation nano-particle, Matrix M™. Isconova’s partners include Crucell/J&J, Pfizer, Merck & Co., The Jenner Institute, Genocea and Evolva. The Company is headquartered in Uppsala, Sweden.
Isconova AB is listed on NASDAQ OMX First North (ticker: ISCO). Pareto Öhman AB is the Company’s Certified Adviser. www.isconova.com
About VetBioChem
VetBioChem (NPO Narvac) is a leading animal health company in Russia. VetBioChem produces vaccines, diagnostics and therapeutics for cattle, pigs and companion animals. www.vetbiochem.com
About Matrix-M™
Matrix-M™ is Isconova’s patented adjuvant for use in vaccines for humans and some animals, antibody production and immunological research. Matrix-M™Vet is used in animal vaccines.
About adjuvants
Adjuvants are substances that improve the efficacy and duration of protection of vaccines.
