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AFFiRiS AG: Atherosclerosis Vaccine Development Receives EU Support
Date:5/27/2009

trated by the licensing agreement worth EUR 430 million that we recently concluded with GSK Biologicals regarding the rights for the technology for our Alzheimer's vaccine programs."

The CETP Vaccine project is scheduled to last 30 months and is due to culminate in phase I clinical trials. Overall, the support provided to the project by the EU is worth several hundred thousand euros, while the two project partners are bearing around half of the total costs.

About AFFiRiS AG (as at May 2009):

AFFiRiS AG develops customised peptide-based vaccines based on its own patents. These are used to treat Alzheimer's disease, atherosclerosis, Parkinson's disease and other diseases that urgently require a medical solution and for which the market volumes are highly attractive. Alzheimer's disease is currently the foremost indication and two potential products are in the final stages of clinical phase I studies. In October 2008, the company succeeded in gaining GlaxoSmithKline Biologicals as its licensing partner for the Alzheimer's vaccine. The contract foresees payments of up to EUR 430 million (these payments are dependent on certain milestones). AFFiRiS currently employs 50 highly-qualified staff and recently acquired an additional 1,100 square meters of premises at the St. Marx campus in Vienna, Austria (http://www.affiris.com).

    Contact at AFFiRiS AG:
    Agnes Meyer
    Karl-Farkas-Gasse 22
    1030 Vienna
    Austria
    T +43-1-798-15-75-390
    E agnes.meyer@affiris.com

    Copy Editing & Distribution:
    PR&D - Public Relations for Research & Education
    Campus Vienna Biocenter 2
    1030 Vienna
    Austria
    T +43-1-505-70-44
    E contact@prd.at



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