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Vical Announces Strategic Restructuring and Staff Reduction
Date:11/21/2008

cal or others will continue development of Allovectin- 7(R), the CMV vaccine, the pandemic influenza vaccine or any other product candidates; whether any product candidates will be shown to be safe and efficacious in clinical trials; the timing of clinical trials; whether Vical or its collaborative partners will seek or gain approval to market any product candidates; whether we will achieve key milestones in either our Allovectin- 7(R) or CMV vaccine programs; the dependence of the company on its collaborative partners; and additional risks set forth in the company's filings with the Securities and Exchange Commission. These forward-looking statements represent the company's judgment as of the date of this release. The company disclaims, however, any intent or obligation to update these forward-looking statements.

     Contact:  Alan R. Engbring                     Jill M. Church
               Executive Director,                  Vice President and
               Investor Relations                   Chief Financial Officer
               (858) 646-1127
               Website: http://www.vical.com

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SOURCE Vical Incorporated
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