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Immunization (HIV Prevention)

5,000 Volunteers Inoculated in U.S. Trial of HIV Vaccine

Published in AIDS Weekly, October 25th, 1999

VaxGen, Inc., Brisbane, California, announced that it has inoculated more than 5,000 volunteers, completing enrollment in the United States portion of the North American trial of AIDSVAX, a vaccine designed to prevent infection by HIV.

Additionally, the company announced it has completed a private placement of common stock resulting in proceeds of $25 million to the company, enabling the company to expand its vaccine research to develop HIV vaccines for worldwide eradication of AIDS.

The inoculation of more than 5,000 volunteers in the study, the first-ever Phase III clinical trial of a preventive HIV vaccine, took place at 56 clinics in the U.S....

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