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Biotech / Medical : Avian ("Bird") Flu Stocks
NNVC 1.685+0.3%3:55 PM EDT

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From: Allan Harris2/15/2006 12:08:45 PM
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Novavax Inc. entered a collaborative research agreement with the University of Pittsburgh School of Medicine Wednesday to evaluate the efficacy of "virus-like particle" influenza vaccines.

Under the agreement, the school and Novavax (NASDAQ:NVAX - News) will evaluate the full range of immunity from experimental Novavax vaccines.

In addition, scientists will evaluate the use of Novasomes -- the company's patented and proprietary structures in which drugs can be encapsulated for topical or oral delivery -- to augment or broaden the immune response from vaccines.

The principal investigators for the agreement are Rick A. Bright, vice president of vaccine research at Novavax of Malvern, Pa., and Ted M. Ross, a researcher from the medical school.

Published February 15, 2006 by the Philadelphia Business Journal
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