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GeoVax Labs Reports Fourth Quarter and Year-End 2010 Financial Results
Date:2/25/2011

colony-stimulating factor) as an adjuvant, or immune system booster, with the DNA priming component of our preventative vaccine.  Results using GM-CSF showed protection from infection by a genetically distinct simian immunodeficiency virus (SIV - monkey version of the HIV virus) in 70% of the animals tested.  We believe this is the highest level for prevention of an immunodeficiency virus infection ever reported in a nonhuman primate model.  Based on the results from this study, we now hope that our DNA/MVA vaccine supplemented with GM-CSF could actually prevent, not just control, HIV infections in humans.

Robert T. McNally, Ph.D., president and chief executive officer, commented, "During 2010 we made solid, steady progress in developing our HIV/AIDS vaccines.  For 2011, our goals include advancing our Phase 1/2 therapeutic clinical program to the point of seeing crucial data from vaccinated patients, completion of patient enrollment and vaccinations in the Phase 2a trial of our preventative vaccine, and commencement of planning for the Phase 2b trial in the preventative program. In addition we expect the HIV Vaccine Trials Network (HVTN) to initiate a Phase 1 trial for the GM-CSF adjuvanted version of our preventative vaccine in the latter part of 2011."

Dr. McNally continued, "We continue to benefit from tremendous financial, operational, and technical support provided to us by the National Institutes of Health (NIH) and by the HVTN.  The HVTN, funded by the NIH, is the largest worldwide clinical trials network dedicated to development and testing of promising HIV/AIDS vaccines.  While we are deeply appreciative of the governmental support we receive, it does not cover all of our activities, so fund-raising is also one of our primary goals for 2011.  We began the effort during 2010 and have laid the groundwork for success in 2011 through corporate capital restructuring, establishment of investment banking relat
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