ANNUAL REPORT - Pevion Biotech AG
ANNUAL REPORT - Pevion Biotech AG
ANNUAL REPORT - Pevion Biotech AG
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PRODUCT DEVELOPMENT<br />
2005 <strong>ANNUAL</strong> <strong>REPORT</strong><br />
“The development of lyophilized virosomes is a very exciting step<br />
forward for <strong>Pevion</strong> <strong>Biotech</strong>. It will result in a new generation of virosomes<br />
and open up new attractive opportunities in the field of prophylactic and<br />
therapeutic vaccines.”<br />
Dr. Rinaldo Zurbriggen, CSO <strong>Pevion</strong> <strong>Biotech</strong><br />
Clinical development<br />
<strong>Pevion</strong> <strong>Biotech</strong> has highly efficient and flexible development processes that<br />
meet industrial standards. Together with appropriate resources (e.g. access<br />
to a GMP pilot facility for the production of virosome-formulated vaccines<br />
for clinical use), these processes enable an accelerated and productorientated<br />
development through clinical Phase I/II. This was shown when the<br />
company started its first clinical trial only two years after its founding and<br />
completed testing with all endpoints achieved two years later in 2004. The<br />
malaria vaccine candidate entered clinical phase II in 2005.<br />
Identification and selection of new product candidates<br />
<strong>Pevion</strong> <strong>Biotech</strong> is dedicated to accelerating the selection and preclinical<br />
development of new vaccine candidates by targeting a range of unmet<br />
medical needs. Resource-intensive and costly antigen identification and<br />
validation are performed by external partners. In 2005 <strong>Pevion</strong> <strong>Biotech</strong><br />
actively developed six product candidates, and it is continuously screening<br />
the market for potential new antigen targets to be combined with its carrier<br />
platform. Promising target antigens in terms of medical need, market<br />
potential, expected clinical development time as well as technical feasibility<br />
will be formulated with <strong>Pevion</strong> <strong>Biotech</strong>’s virosomes, and the efficacy of the<br />
resulting product candidates will be evaluated in small animal models.<br />
Life cycle management of virosome technology<br />
Although virosome technology already has an extended application area<br />
(e.g. delivery function), <strong>Pevion</strong> <strong>Biotech</strong> sees great potential for an even<br />
broader spectrum for virosomes in pharmaceutical applications. New<br />
indications will challenge virosome technology and <strong>Pevion</strong> <strong>Biotech</strong> will<br />
promote the constant improvement of its technology. An example is the<br />
recent groundbreaking innovation, the “lyophilization of virosomes”, which<br />
improves the stability and formulation of pharmaceutically active substances<br />
in virosome technology.<br />
<strong>Pevion</strong> <strong>Biotech</strong>_Annual Report2005_01_01_04_004 6/13