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28-Jun-2019

AJ Vaccines Will Contribute to Global Polio Eradication With its Innovative Vaccine Picovax®

COPENHAGEN, Denmark, June 28, 2019 /PRNewswire/ -- FOR MEDICAL AND TRADE MEDIA ONLY

AJ Vaccines today announced that its adjuvanted IPV vaccine Picovax® has gained marketing approval in Denmark by the Danish Medicines Agency. The approval process was initiated in 2018 following positive results from clinical trials involving almost 3,000 infants. The Danish marketing approval paves the way for WHO prequalification with a view to enable AJ Vaccines to deliver Picovax® doses to UN agencies such as UNICEF and PAHO early next year.

The marketing approval of the adjuvanted Inactivated Polio Vaccine (IPV) is a major milestone in the ongoing efforts of the Global Polio Eradication Initiative, established in 1988. Picovax® provides active immunization against poliomyelitis by primary vaccination in infants from the age of 6 weeks and for revaccination of infants, children, adolescents and adults. Picovax® vaccine is based on a proprietary formulation technology that allows a lower dose of active substances, it is a well-tolerated and non-inferior alternative to currently approved IPV vaccines.

"The approval of Picovax® underlines the world-class innovation and development capabilities of AJ Vaccines. We are proud that our dedicated employees have deployed their combined skills to develop a ground breaking vaccine, which has the potential to contribute greatly to the eradication of polio and reach millions of infants in need of affordable and effective immunization globally," said Jesper Helmuth Larsen, CEO of AJ Vaccines.

The marketing approval in Denmark and expected WHO prequalification of Picovax®, combined with the recent investment of more than USD 45 million in a WHO GAPIII compliant polio vaccine manufacturing facility, form a strong foundation for establishing AJ Vaccines as a major contender in the global market for IPV vaccines during the global eradication endgame and for routing immunizations after the eradication.

"We expect the development and approval of Picovax® to have a positive impact on the lives of millions of people, while simultaneously constituting a significant business potential and growth opportunity for AJ Vaccines. We aim to launch the product globally in early 2020 through partnerships with UNICEF and other pooled procurement programs as well as directly to the private market," said Jesper Helmuth Larsen.

The polio vaccine development project was initiated in 2013 in cooperation with and financial support from the Bill & Melinda Gates Foundation.

About AJ Vaccines

AJ Vaccines produces and sells vaccines from the company's production site in central Copenhagen which is proud to have been manufacturing vaccines since 1902. AJ Vaccines produces vaccines against Diphtheria, Whooping Cough, Tetanus, Tuberculosis, Polio and immunotherapy product for treatment of bladder cancer. The company has some 730 employees and expects to expand its skilled workforce in order to fulfill the ambitious growth plans.

See more at: http://www.ajvaccines.com/

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SOURCE AJ Vaccines

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Last Updated: 28-Jun-2019