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Soligenix and Intrexon Pursue Melioidosis Therapy Through Worldwide Exclusive Collaboration
Date:5/1/2013

pment, regulatory and government interactions, as well as the commercialization of therapeutic products.

Christopher J. Schaber , PhD, President and Chief Executive Officer of Soligenix, said the collaboration is unique because the goal is to develop a therapy that will treat both a deadly disease currently affecting millions of people as well as fight a potential biological weapon.

"Our collaboration with Intrexon is consistent with our corporate strategy of building shareholder value through continuous evaluation of new product opportunities and acting upon those that meet Soligenix's mission of delivering disease-modifying therapies in areas of high unmet medical need," Dr. Schaber said.  "By working with Intrexon we hope to make a potentially life-saving therapy available to patients in endemic regions and include the therapy in the national stockpiling program in case of a biowarfare event.  Intrexon has a very strong track record of adding value both as a collaborator and a committed shareholder.  We are very excited to join the exclusive coterie of Intrexon partner companies."

Intrexon Chairman and Chief Executive Officer, Randal J. Kirk , said the collaboration with Soligenix reflects the core strengths Intrexon looks for in its exclusive channel collaborations.

"Soligenix has the expertise and highly focused mission we look for in all our collaborations," Mr. Kirk said.  "Although we are engaging with increasingly larger enterprises in Health, Food, Energy and Environment, we shall continue to explore powerful combinations with smaller, specialized companies that have great teams, grand vision and deep expertise."

Additional terms under the collaboration agreement include:

  • Soligenix will receive an exclusive, worldwide license to utilize the products of Intrexon's modular genetic engineering
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SOURCE Soligenix, Inc.
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