HIV/AIDS

GenVec Receives Additional Funding for 7th Year of HIV Vaccine Program

Published in AIDS Weekly, October 29th, 2007

GenVec, Inc. (Nasdaq:GNVC) announced that the Vaccine Research Center (VRC) of the National Institute of Allergy and Infectious Diseases (NIAID), part of the National Institutes of Health (NIH), has executed its sixth option period (year seven) under its multi-year collaboration with GenVec to develop and manufacture novel adenovector-based HIV vaccines.

GenVec will receive up to $1.9 million over the next year, which will support continued development of next-generation vaccines for HIV and influenza. Initiated in 2001 as a three- year $10.2 million program, the VRC subcontract now extends through fiscal year 2008, with a total value of approximately $55 million. It...

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Source: AIDS Weekly (2007-10-29)

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