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ANNUAL REPORT - Pevion Biotech AG

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Alzheimer’s disease<br />

Alzheimer’s disease is one of the leading causes of dementia, a worldwide<br />

problem. This neurodegenerative disease disrupts cognitive and memory<br />

abilities and memory by the progressive accumulation of Aß peptides in<br />

areas of the brain serving cognitive functions. AD affects about 10% of the<br />

world’s population above 65 years of age. In this population there are<br />

currently about 8.3 million Alzheimer’s patients. As age advances, the<br />

incidence increases rapidly. One in 10 persons over 65 years of age and<br />

nearly half of those over 85 years of age suffer from AD.<br />

Primary prevention of Alzheimer's disease is not possible at present.<br />

Currently marketed products only provide partial and temporary relief from<br />

AD’s symptoms. They have failed to live up to the public's high expectations<br />

and offer such modest benefits that many doctors have doubts about<br />

prescribing them. Accordingly, there is no satisfactory cure for this disease<br />

and there is a large demand for an effective therapeutic vaccine.<br />

Alzheimer’s disease is a dementia that is defined by the presence of<br />

extracellular amyloid plaques in the brain, composed mainly of amyloid<br />

peptides. Several studies in transgenic mouse models of Alzheimer’s disease<br />

have revealed the potency of vaccination to prevent or even clear amyloid<br />

plaques Aß from mouse brain. <strong>Pevion</strong> <strong>Biotech</strong>’s Alzheimer’s disease vaccine<br />

is based on a conformationally optimized Aß epitope which is formulated<br />

with PeviPRO TM to favor a highly specific antibody immune response. <strong>Pevion</strong><br />

<strong>Biotech</strong>’s vaccine candidate is currently in preclinical development. The<br />

manufacturing of the vaccine under GMP standard is currently established<br />

including the corresponding analytical methods.<br />

Currently, the company is seeking partners for this project which aims to<br />

keep focusing on its key competences like prevention and treatment of<br />

infectious diseases.<br />

Malaria<br />

Malaria is one of the major public health challenges in the world’s<br />

developing countries. It is endemic in a total of 101 countries and territories<br />

across Africa, Asia, Eastern Europe and South America, inhabited by a total<br />

of 2.4 billion people – 40% of the world's population. Among the three<br />

different pathogens, Plasmodium falciparum is the most dangerous one.<br />

Each year, 300 to 500 million malaria infections occur and more than 2<br />

million people die. The vast majority of deaths occur among young children.<br />

Malaria has worsened in recent decades because some strains of the malaria<br />

parasite have developed resistance to drug treatments and mosquitoes have<br />

become impervious to insecticides.<br />

The malaria parasite Plasmodium falciparum has a complex life cycle<br />

involving three stages in the human body - the pre-erythrocytic stage, the<br />

blood stage and the sexual stage. The different stages are “visible” on the<br />

parasite itself, since it expresses stage-specific proteins on its surface. These<br />

proteins quite often bear antigens, which are prime targets for a malaria<br />

vaccine. Thus it is possible to design a vaccine specific for each stage. It is<br />

<strong>Pevion</strong> <strong>Biotech</strong>’s goal to develop a vaccine through which the parasite is<br />

attacked in different stages of its life cycle. It therefore focuses on a multicomponent<br />

(multi-valent) malaria vaccine: each component targets another<br />

antigen specific for a defined development stage. Such a multi-component<br />

vaccine induces synergistic protective effects and reduces the chance of the<br />

selection of resistant strains. <strong>Pevion</strong> <strong>Biotech</strong> uses its well-established<br />

virosome technology platform PeviPRO TM for the delivery of the newly<br />

developed peptide antigens. <strong>Pevion</strong> <strong>Biotech</strong> tested and optimized malaria<br />

peptides for their application as component of a multi-valent malaria<br />

vaccine. In consequent steps the company developed the vaccine<br />

formulations to clinical phase II which started in Q4 2005.<br />

<strong>Pevion</strong> <strong>Biotech</strong>_Annual Report2005_01_01_04_004 10/13

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