PharmaJet inks global license agreement with Korea-based Genexine

Wednesday February 21, 2018 0 comments Tags: Golden, PharmaJet, Genexine, Ron Lowy

GOLDEN -- PharmaJet®, maker of innovative, needle-free injection technology, today announced a global license agreement with Genexine, a leading biotherapeutics company headquartered in South Korea, for the development and commercialization of DNA vaccines for human applications using the PharmaJet needle-free injection systems.PharmaJet_logoUSE

Under the terms of the agreement, Genexine will use both the PharmaJet Stratis® and Tropis® devices in their Phase 1 and IIa human clinical studies. 

The agreement also includes provision for potential expansion to include Phase III studies and commercialization.

In recent years, immunotherapy has become of great interest to researchers, clinicians and pharmaceutical companies, according to PharmaJet.  DNA vaccines can be used as targeted "therapeutic vaccines" to induce an immune response which can detect and destroy infectious diseases and potentially cancer.

Genexine's product pipeline, focused on innovative immunotherapeutics and next generation novel long-acting biologics, includes a vaccine for human papilloma virus (HPV) type 16 and 18 associated cervical intraepithelial neoplasia (CIN), which eventually causes cervical cancer.

"We are pleased to be part of the upcoming clinical trials of these DNA vaccines,” said Ron Lowy, PharmaJet’s chair and CEO.

“Our needle-free technology features a precise and consistent method of delivery, which helps to maximize target gene expression in the human body. In addition, it offers benefits over the alternative of electroporation delivery."