the universal flu vaccine · q3-2016 last participant out in eu ph2b. commencing trial in usa under...

Flu Eradication?

Yes!

The Universal Flu Vaccine

CORPORATE PRESENTATION NOVEMBER 2016

This presentation is not a prospectus or offer of securities for subscription or sale in any jurisdiction. All statements in this communication, other than those relating to historical facts, are "forward-looking statements" within the meaning of the United States Private Litigation Reform Act of 1995.You can identify forward-looking statements by terms including ‘‘anticipates,’’ ‘‘believes,’’ ‘‘could,’’ ‘‘estimates,’’ ‘‘expects,’’ ‘‘intends,’’ ‘‘may,’’ ‘‘plans,’’ ‘‘potential,’’ ‘‘predicts,’’ ‘‘projects,’’ ‘‘should,’’ ‘‘will,’’ ‘‘would,’’ and similar expressions intended to identify forward-looking statements. These forward-looking statements relate to our business and financial performance and condition, as well as our plans, strategies, objectives and expectations for our business, operations and financial performance and condition. However, these forward-looking statements are not guarantees of future performance and are subject to a number of assumptions, involve known and unknown risks, many of which are beyond our control, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Important factors that could cause actual results to differ materially from our expectations include, among others: the risk that drug development involves a lengthy and expensive process with uncertain outcome; BiondVax's ability to successfully develop and commercialize its pharmaceutical product; the length, progress and results of any clinical trials; the introduction of competing products; the impact of any changes in regulation and legislation that could affect the pharmaceutical industry; the difficulty in receiving the regulatory approvals to commercialize BiondVax's products; the difficulty in evaluating business prospects; lack of sufficient funding to finance the clinical trials; termination of license agreement with Yeda which is the owner of certain patents, patent applications and other intellectual property, as a result of dispute that can arise with Yeda or the failure of BiondVax to comply with financial and other terms of the license; the difficulty of predicting actions of the U.S.A FDA; the regulatory environment and changes in the health policies and regimes in the countries in which we operate; changes in the global pharmaceutical industry; changes in customers’ budgeting priorities; European Medicines Agency and other regulatory authority approvals; natural disasters; labor disputes; rising interest rates; general market, political or economic conditions in the countries in which we operate; pension and health insurance liabilities; volatility or crises In the financial market; arbitration, litigation and regulatory proceedings; and war or acts of terror; Forward-looking statements reflect our current views with respect to future events and are based on assumptions and subject to risks and uncertainties. You should not unduly rely on any forward-looking statements. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee that future results, levels of activity, performance and events and circumstances reflected in the forward-looking statements will be achieved or will occur. The risks, uncertainties and assumptions referred to above are discussed in detail in our reports filed with the Securities and Exchange Commission, including our Prospectus which was declared effective on May 11, 2015. Readers are urged to carefully review and consider the various disclosures made in the Company’s SEC reports, which are designed to advise interested parties of the risks and factors that may affect its business, financial condition, results of operations and prospects. These forward-looking statements speak only as of the date of this presentation, and we assume no obligation to update or revise these forward-looking statements for any reason. whether as a result of new information, future events or otherwise, except as required by law.

SAFE HARBOR STATEMENT

One • For All : The Universal Flu Vaccine

2

Flu infects up to 20% of the population each year

… and kills

A SEASONAL PROBLEM… A PANDEMIC THREAT

1 http://www.cdc.gov/mmwr/preview/mmwrhtml/mm5933a1.htm#tab2; 2 http://www.cdc.gov/flu/about/qa/disease.htm; 3 http://www.cdc.gov/nchs/fastats/deaths.htm; 4 http://www.who.int/mediacentre/factsheets/fs211/en/ 5 Molinari et. al, The annual impact of seasonal influenza in the US, Vaccine 25 (2007) 5086–5096; 6 1918 Influenza: the Mother of All Pandemics, Volume 12, Number 1—January 2006, CDC; 7 World Bank 2014:Pandemic Risk

SEASONAL FLU

• Per year: 23,000 deaths1 (21,000 elderly) &

200,000 hospitalizations2 in just the US

• 8th leading cause of death3 (US), Worldwide death

toll of 250,000-500,000 annually4

• $87B economic burden5 in the US of which $56B is in the elderly

The Flu Virus: Unpredictable, Fast Mutating

PANDEMIC FLU • When?… Where?... Which?… pandemic strain

• Pandemic strain: a new to Humans

• Past century: 4 major pandemics with over

100M deaths5

• The 1918 Spanish Flu cost to global GDP6 was 4.8%

or over $3T in today’s dollars

Bill Gates interviewed by Ezra Klein on VOX

“I rate the chances of a widespread epidemic in my lifetime at well over 50%”

https://youtu.be/9AEMKudv5p0

4







47%

23%

51%

49%

47%

60%

56%

37%

52%

21%

10%

2015-16

2014-15

2013-14

2012-13

2011-12

2010-11

2008-09

2007-08

2006-07

2005-06

2004-05

CURRENT VACCINE FALLS SHORT: THE MISMATCH

1 Center for Disease Control: http://www.cdc.gov/flu/professionals/vaccination/effectiveness-studies.htm 2 World Health Organization: http://www.who.int/immunization/research/meetings_workshops/2a_Graham_pdvac_sept14.pdf

Seasonal Flu Vaccine Effectiveness (VE) CDC data

1, flu seasons 2004-2016

Why current solutions fall short…

• Past strains selection Mismatch phenomenon

• Previous season’s vaccine will not necessarily protect against next season’s flu strains

• 4-6 month production lag

As low as

9% VE in elderly2

Average 40% VE in general

population

5

THE ELDERLY – AT RISK AND IN NEED

• ~90% of seasonal flu related death occurs in elderly

• Seasonal vaccine effectiveness is only 9% for elderly1

• ~80% of elderly 65+ suffer chronic illnesses2

• Influenza worsens outcomes of chronic illness

• Elderly flu cost in US estimated3 at $56B per year (hospitalization, mortality, lost earnings)

1 World Health Organization: http://www.who.int/immunization/research/meetings_workshops/2a_Graham_pdvac_sept14.pdf 2 https://www.ncoa.org/healthy-aging/chronic-disease/

3 Molinari et. al, The annual impact of seasonal influenza in the US, Vaccine 25 (2007) 5086–5096 4 http://ije.oxfordjournals.org/content/35/2/352.short

NIH: “During the period from 1989 to 1997 the vaccination rate for elderly persons ≥65 years of age in the US increased from 30 to 67%. Despite this increase in coverage, mortality and hospitalization rates continued to increase rather than decline as would be expected...”

International Journal of Epidemiology4 (Vol. 35, Issue 2, P352-353)

6

MEETING MILESTONES & CATALYSTS

2008

1st of two Phase 1/2 (IL)

May 2015 Nasdaq: BVXV

2010

1st of three Phase 2 (IL)

Technology developed by Prof. Ruth Arnon

Mid 90’s

June 2007 TASE:BVXV

BiondVax Operational

2005

EOP2M1

Phase 3 ready

2017/18

1 End of Phase 2 Meeting with the FDA prior to phase 3

Well known for the development of

Solid Science, Advanced Clinical Stage, Strong IP

FDA accepts

IND


The Vaccine is Safe and Immunogenic

• 698 young adult to elderly have participated in clinical trials

• The vaccine was shown to be safe and immunogenic in all studies

2016

7

EU Phase 2b results

USA NIH Phase 2

USA CMO Phase 3 material

THINKING OUTSIDE THE BOX

BiondVax’s M-001 Existing vaccines

Universal: Broad coverage Strain specific

Single formulation covering all flu strains & year-round vaccination

New vaccine every year

Quick, robust year-round production (6-8 weeks)

Long (4-6 month) production cycle

Activates both arms of the immune system, enhances existing vaccines

Limited effect

Non allergenic Hen egg allergy

Target Common Regions

Nine common regions (epitopes) of flu strains are connected to make one recombinant protein called M-001 produced in E.coli

Hem

Agg

luti

nin

(H

A)

Nu

cleo

Pro

tein

(N

P)

Mat

rix

pro

tein

(M

1)

The Influenza Virus

Universal Flu Vaccine A common denominator for Seasonal & Pandemic strains

BiondVax’s Key Advantages


8

PROTECTING THE FUTURE

In 2011 we administered M-001 to seniors 65+ (BVX005) 4 years later, 5 times more seniors were seroprotected from a new epidemic strain (A/Swiss) that didn’t exist in 2011!

0

10

20

30

40

50

60

70

TIV 2011/12 M-001 & TIV 2011/12

% S

ero

pro

tect

ion

*

* p≤0.05


9

Significant Protective Response to a Future Strain

PANDEMIC PREPAREDNESS PLAN (PPP)

1 2 3 4 5 6 7 8 9

Pandemic Declaration

Today's situation

BiondVax’s PPP key benefits

National stockpile for critical workforce1 - 15% of population: medical staff, security forces and at risk populations

Vaccination schedule starts immediately upon any pandemic declaration (instead of 6 months later)

More subjects reach level of protection against pandemic and evolving strains after only one boost

1 Influenza A (H5N1) Vaccine Stockpile and Inter-Pandemic Vaccine Use (WHO):

www.who.int/immunization/sage/meetings/2013/november/SAGE_WG_H5vaccine_background_paper_16Oct2013_v4.pdf

months

BiondVax‘s PPP National Stockpile

Proactive Preparedness Ahead of Any Pandemic

Outbreak

10

BIONDVAX: FIRST-IN-CLASS, BEST-IN-CLASS

Player Technology Strength Phase Progress

reported Pre-clinical I II

Synthetic protein B- & T-cell peptides (HA, M1, NP)

• Broad coverage • Large # of human clinical trials • Young to elderly • Step-wise strategy for multiple

indications

Q3-2016 Last participant out in EU Ph2b. Commencing trial in USA under NIAID/NIH

6 T-cell peptides

• Small challenge trial

Q4-2015 Announces collaboration with NIAID/NIH & Europe

Broad seasonal and pandemic candidate. T-cell booster

• Intranasal, replication deficient adenovirus

Formerly ITS, Vaxin, “Anticipate” starting Phase 2 Q3 2016

DNA constructs encoding HA proteins

• Versatile technology of mix and match

Q3-2012 Phase 1

Single replication virus, M2SR Broadening immunogenicity to flu sub type H3N2

• Immunogenic in mice Q3-2016 Phase I, H3N2

T-cell vaccine based on adenovirus vector

• Innovative approach, immunogenic in mice

Q1-2015 Results in mice

Stem-only immunogens based on rational design

• Innovative approach, heterosubtypic protection in mice, ferrets, primates

Q3-2015 Results in animals

N=698

N=80

N=60


Academic Labs

N=217

N=96

N=217

11

CLEAR REGULATORY & GO-TO-MARKET STRATEGY

Ph3 Seasonal Primer or Ph3 Pandemic Primer

Ph4 Seasonal Primer Ph3 Universal Standalone Vaccine

Permanent marketing authorization: seasonal

Universal standalone vaccine authorization

Primer Vaccine

1US population 320M, critical workforce 15% population, third of stockpile replaced annually at a $25 cost per regimen; Critical workforce: i.e. medical staff, security forces and at risk populations 2US population 320M, 15% elderly, 50% penetration rate, $21 cost per regimen ; 3 End of Phase 2 Meeting with the FDA prior to phase 3

2017/18 EOP2M3

First marketing authorization

One Vaccine – Multiple Indications/Products

• Leverage existing marker

• Smaller clinical trials

• Shorter time-to-market

Seasonal primer2 for the elderly

Pandemic primer1 for national stockpile

Standalone Vaccine

• Clinical efficacy:

Reduction of illness rate and severity

• Replace existing vaccines

Independent universal vaccine for multiple strain

start

12

SUMMARY FINANCIAL DATA Financial Data Highlights

• Successful IPO on Nasdaq in May 2015 $10M gross proceeds

• Lean structure with 15 employees

• 3.3M outstanding ADS (6.28M fully diluted)

• IFRS; calendar year basis

Balance Sheet Highlights

• ~$8M cash on hand, no debt $26M total investment to date

• Sufficient funds to support operations for ~ 2.5 years (burn is $250K/month)

• Ongoing clinical studies sponsored by 3rd parties

• $4.9M royalty-based liabilities from OCS grants (office of the Israeli Chief Scientist grants, off balance sheet)

BVXV Ordinary shares ticker:

BVXV BVXVW

American Depository Shares and Warrants

(representing 40 ordinary shares) ticker:


13

Sanofi 33%

0%

0%

Seqirus / CSL (Novartis)

19%

0%

0%

GSK 18%

AZ 11%

Others 19%

0%

0%

0%

0%

FLU VACCINES – A LARGE AND GROWING MARKET

Global Flu Vaccine Sales - 20131

$1,077M

$395M

$245M

$432M

Flu Vaccine Market

Seasonal Flu o Worldwide2: $3.2B global market in 2013;

expected to grow to $5.3B by 2021

o US: $1.4B in 2012 growing to $2.6B by 20222

o ~140M doses in just the US2

o Forecasted CAGR of 5.7%2

Pandemic Flu o Swine Flu (A/H1N1) 2009 + first half of 2010

sales: ~$6.4B worldwide by Novartis, GSK and Sanofi (on top of seasonal flu vaccine sales)3

“…part of the national strategy for pandemic influenza, the United States’ plan is to stockpile enough pre-pandemic influenza vaccines to cover 20 million in the critical workforce.”4

“The United States has spent approximately $1 billion in these [H5N1 flu vaccine stockpile] efforts to date.”4

2014: GSK bought Novartis’ vaccine unit except the Flu 2014: CSL bought Novartis’

Flu vaccine unit 2015: Rebrands to Seqirus

Others 2014: Pfizer bought Baxter’s Flu vaccine unit

1 PharmaPoint: Seasonal Influenza Vaccines - Global Drug Forecast and Market Analysis to 2022: Event-Driven Update, Feb, 2014 2 Datamonitor report: DMKC0107117, Publication Date: 18/11/2013 3 http://www.reports-research.com/news/datamonitor-vaccine-market-overview-2010.html [Accessed 20 Nov 2016] 4 http://www.who.int/immunization/sage/meetings/2013/november/SAGE_WG_H5vaccine_background_paper_16Oct2013_v4.pdf

14

INVESTMENT HIGHLIGHTS


15

Solves Significant limitations of current flu vaccines Impossibility of predicting future flu strains leads to new vaccines each season but often mismatched Results in low vaccine effectiveness- particularly in the elderly

BiondVax Universal Flu Vaccine One vaccine which provide broad coverage to any and every strain of flu

Advanced clinical stage Progressing toward phase 3: most advanced vs. peers

Addressing a multi billion dollar market First mover advantage

Game Change for the World Health System

THANK YOU!

CONTACT INFORMATION: [email protected] www.biondvax.com

INVESTOR RELATIONS: [email protected] 1 646 201 9246

A game changer for the world

healthcare system

mailto:[email protected]

http://www.biondvax.com/

mailto:[email protected]

MANAGEMENT


Ron Babecoff DMV, MEI

Tamar Ben-Yedidia

PhD

Uri Ben-Or CPA, MBA

Shimon Hassin PhD

Joshua Phillipson

Hon. BSc

Kenny Green Msc, Mres

Founder, President & CEO

CSO CFO COO BD Manager Investor Relations

• Degree from University of Liège (ULG)

• Master in Entrepreneurship & Innovation (ISEMI, Swinburne)

• Omrix Biopharmaceuticals Ltd (Marketing Manager)

• Dexcel Pharma (Regional Export Manager)

• Co-inventor of the universal flu vaccine

• Degree from Weizmann Institute of Science

• Biotechnology General Ltd.

• Degree from College of Administration

• Glycominds Ltd. (VP Finance)

• Menorah Capital Markets (Comptroller)

• Degree from University of Maryland Biotechnology Institute

• Kadimastem (CEO)

• InSight Biopharmaceuticals (Head of Bioprocessing)

• Hon. BSc. from University of Toronto

• Accenture (Business Management Consultant)

• BioData Ltd. (Marketing Manager)

• Masters in Management Degree from Cambridge University & Master of Research from University of London

• IR for leading public Israeli companies including Elbit Systems and Tower Semiconductor

17


BOARD OF DIRECTORS Board

Biodar (CEO), Rodar (Founder), Israel Biotech Organization (Chairman, Steering committee)

Prof. Avner Rotman, PhD Chairman of the Board

Rosen Partners LLC (Founder), CompreMedx Chairman), Kuala Healthcare (CEO & President), Fusion Telecommunications (Director)

Mr. Jack Rosen Director

ID Biomedical (CSO), Intellivax (Founder), Walter Reed General Hospital (Consultant)

Dr. George Lowell, MD Director

Omrix Pharmaceuticals Ltd (Marketing Manager), Dexcel Pharma Technologies Ltd. (Formerly Dexxon, Regional Export Manager))

Ron Babecoff, DMV, MEI Founder, President and CEO

Linkury Technology International Group (CFO), Union Bank, Spectronix, Biomedix incubator, ADO group, Arko holdings, Algomizer (Director)

Mrs. Michal Marom Brikman, CPA Director

Mor Langermann (Co-CEO), Medical Compression Systems Ltd (CFO), Excellence Gemel & Pension Funds (External Director)

Mr. Ori Mor Director

BioSight Ltd (CEO, Director), SHL Telemedicine (Director), Cellect Biotechnology (Director)

Dr. Ruth Ben Yakar, PhD Director

Clal Industries & Investments (Director), Bezeq Globe (Director), RadWare and RadVision (Director)

Prof. Liora Katzenstein External Director

Pitaro-Ben Ami Attorneys (Partner), Israel Petrochemical Enterprises (Director), Medivie Therapeutic Ltd. (Director)

Mrs. Irit Ben Ami, CPA, LLM External Director

18

CAP TABLE


19

Expiration Date

ADS Equivalent

Exercise price NIS ($)

%

ADS Equivalent

Shares Outstanding Nov 10, 2016

ADS-Shares 1:40 ratio

55.00% 3,377,434 135,097,367 Ordinary shares

Employees Variable

$ 7.20 NIS 0.70 ($ 0.18)

5.38% 330,384 13,215,367 Options

Feb 27, 2017 $ 15.60 NIS 1.50 ($ 0.39)

2.31% 142,125 5,685,000 Options (Series 4)

Oct 29, 2017 $ 15.60 NIS 1.50 ($ 0.39)

2.57% 157,550 6,302,000 Options (Series 5)

May 5, 2020 $ 6.25 33.19% 2,038,000 81,520,000 ADS Warrants

May 11, 2020 $ 6.25 1.56% 95,500 3,820,000 Warrants issued to underwriters

100.00% 6,140,993 245,639,734 Fully Diluted Shares Outstanding

IP: COMPREHENSIVE AND EXPANDING COVERAGE

Updated: October 2016

Expiry Status Priority & Assignee

Subject Matter International

Publication Title

Nov 2019

(Aug 2020

for US-1)

Granted: USA, Israel, Australia, Korea, Mexico, New Zealand, Canada, Hong Kong, Belgium, France, Germany, Italy, Netherlands, Spain, Switzerland, UK

11/30/1998

Yeda R&D

licensed to

BiondVax

Vaccine comprising different epitopes of the virus

WO 00/032228 Peptide-Based Vaccine for Influenza

Dec 2026

(Jan 2027

for US)

Granted: USA, Australia, Austria, Belgium, Canada,

Denmark, France, Germany, Greece, Ireland, Israel, Italy,

Luxembourg, Netherlands, Portugal, Sweden, Spain,

Switzerland, UK

12/6/2005

Yeda R&D

licensed to

BiondVax

Wide–range vaccines – broad strain and extended protection

WO 2007/066334

Improved Influenza Vaccine

Aug 2028

(Aug 2031

for US)

Granted: USA, Mexico, Russia, Australia, China, Hong

Kong, Japan, Austria, Belgium, Croatia, Czech Republic,

Denmark, Finland, France, Germany, Hungary, Ireland,

Italy, Luxembourg, Netherlands, Poland, Portugal,

Romania, Spain, Sweden, Switzerland, Turkey, UK, Korea,

Israel

Filed: Brazil

Under Examination: Canada, India

8/2/2007

BiondVax

Vaccines comprising multiple copies of several epitopes – current product

WO 2009/016639

Multimeric Multi-Epitope Influenza Vaccines

Feb 2031

Granted: USA

Filed: Canada

Under Examination: Australia

BiondVax

Use of Multimeric as a primer to conventional vaccines

WO 2012/114323

Multimeric Multi-Epitope Polypeptides in improved Seasonal and Pandemic Influenza Vaccines

April 2035

International application filed : April 2015

Filed: Australia, Canada, Europe, India, China, Japan,

Israel, USA

4/3/2014

BiondVax

Production & formulation

WO 2015/151103

Vaccine Compositions of Multimeric Multi-epitope Influenza Polypeptides and their Production


20 20

TRIAL DATA

21

• No treatment-related Severe Adverse Events

• Adverse events were mild

• All adverse events observed were transient

• Both Cellular & Humoral immunity were induced

SUCCESSFUL CLINICAL TRIALS

Results Status Total

Patients Population (age) Year Trial Phase

M-001 was well

tolerated and a

humoral and

cellular immune

reaction was

revealed

Completed 63 Younger Adults (18-49) 2009 BVX-002 1/2

Completed 60 Older Adults (55-75) 2010 BVX-003 1/2

Completed 200 Younger Adults (18-49) 2011 BVX-004 2

Completed 120 Elderly (65+) 2012 BVX-005 2

Completed 36 Older Adults (50-65) 2015 BVX-006 2

479

Collaboration UNISEC. Results H1/17 219 EU Adults (18-60) 2015 BVX-007 2

Ongoing collaboration with NIH 180 USA Adults (18-45) 2016 BVX-008 2


M-001: Safe and Immunogenic in Young Adults to Elderly

22

0

10

20

30

40

50

A/California/7/09 H1 A/Perth/16/09 H3 B/Brisbane/60/08

M-001: ENHANCES SEASONAL & PANDEMIC VACCINES

1 Seroconversion: % of subject with mean fold increase in HAI GMT ≥4x and HAI GMT≥ 1:40 post-immunization * P<0.05

Human Trial BVX005 2012, age 65+

Avian H5N1 (Clade 1)

Mouse Model

Avian H7

H5N1 Avian strains M-001+ H5N1 Avian H7 Avian strains M-001+ H5N1 Avian

Human Trial BVX003 2009, age 55-75

% s

ero

con

vers

ion

(H

AI)

%

ser

oco

nve

rsio

n (

HA

I)

% s

ero

con

vers

ion

(H

AI)

%

ser

oco

nve

rsio

n (

HA

I)

% s

ero

con

vers

ion

(H

AI)

%

ser

oco

nve

rsio

n (

HA

I)

Human Trials

H1N1 Swine

Broadened coverage to H5 and H7 Strains NOT in vaccine

0

10

20

30

40

50

60

70

80

A/Brisbane/59/07 H1N1A/Brisbane/10/07 H3N2 B/Brisbane/60/08

TIV Twice M-001 + TIV

0

20

40

60

80

100

H5N1 vaccine M-001 + H5N1 vaccine

*

0

20

40

60

80

100

clade 2.1 clade 2.2 clade 2.3

*

0

20

40

60

80

100

H7 M-001 + H7

*

0

20

40

60

80

100

H7N3 H7N7 H7N9

*

*

*

23

TIV M-001 once + TIV

0

0.05

0.1

0.15

0.2

0.25

0.3

A/Brisbane/10/07H3N2

A/California/7/09H1N1

A/Perth/16/09H3N2

B/Brisbane/60/08 Flumist

% P

osi

tive

of

all c

ells

Baseline Day 42 (after M-001 x2)

*

*

0

0.05

0.1

0.15

0.2

0.25

0.3

A/Brisbane/10/07H3N2

A/California/7/09H1N1

A/Perth/16/09H3N2

B/Brisbane/60/08 Flumist 2011

% p

osi

tive

ce

lls (

Me

an +

SE)

M-001 twice Day 0 M-001 twice Day 42

* *

* *

**

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

B/Mal A/California H3 A/NC H1 HA 307 NP 206

% R

esp

on

der

s

PBS

M-001

* * * *

0

5,000

10,000

15,000

20,000

25,000

30,000

35,000

40,000

PBS M 500

**

0

5,000

10,000

15,000

20,000

25,000

30,000

35,000

40,000

PBS M-001

Lym

ph

ocy

tes

pro

lifer

atio

n

(cp

m)

*

M-001: STANDALONE CELL-MEDIATED EFFICACY

Significant PBMC Proliferation to M-001 Significant Lymphocyte Proliferation Across Multiple Flu Strains, Peptides & M-001

Cellular immunity conferred by the M-001 to multiple flu strains

Proliferation to M-001 (equivalent to HAI to TIV) Specific Immunity to Multiple Flu Strains

Significant CD8 & IFN-gamma in Elderly

Cellular immunity conferred by the M-001 to multiple flu strains

Significant CD4 & IFN-gamma in Elderly * P<0.05; **P<0.07


Young adults – BVX 002 Non-adjuvanated

Older adults – BVX 003 Non-adjuvanated

Elderly – BVX 005

24

the universal flu vaccine · q3-2016 last participant out in eu ph2b. commencing trial in usa under...

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