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Avian Influenza (Bird Flu)

CEL-SCI Corporation Receives $733,437 Grant Under the Patient Protection and Affordable Care Program

Published in Vaccine Weekly, November 17th, 2010

CEL-SCI Corporation (NYSE AMEX: CVM) announced that it has received a $733,437 grant under The Patient Protection and Affordable Care Act of 2010 (PPACA). The grant was related to three of the Company's projects, including the Phase III trial of Multikine®.

The PPACA provides small and mid-sized biotech, pharmaceutical and medical device companies with up to a 50% tax credit for investments in qualified therapeutic discoveries for tax years 2009 and 2010, or a grant for the same amount tax-free. The tax credit/grant program covers research and development costs from 2009 and 2010 for all qualified "therapeutic discovery projects."

A qualifying...

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