WORCESTER, Mass., May 28, 2009 (GLOBE NEWSWIRE) -- Generex Biotechnology Corporation (Nasdaq:GNBT) (www.generex.com) announced today that Dr. Douglas Powell, Director of Immunobiology at Antigen Express, Inc. (www.antigenexpress.com), Generex's wholly-owned immunotherapeutics subsidiary, will participate in a panel discussion this afternoon at the Human Swine Flu (H1N1) and Novel Influenza Pandemics symposium being hosted by The New York Academy of Sciences (NYAS) to be held at the NYAS conference center in New York City. The symposium will feature presentations by leaders in the field and will explore the latest swine influenza (H1N1 flu) outbreak with talks on the new reassortant virus, epidemiology, vaccines, treatment, and public health aspects.
Antigen Express is developing novel prophylactic vaccines for influenza. The Company has obtained broad and strong patent coverage for its proprietary platform technologies, which are designed to manufacture modified peptide vaccines by an entirely synthetic process, in contrast with egg-based or cell-culture-based vaccines that require expensive, extensive and labor-intensive manipulation. Antigen Express's entirely synthetic process reduces costs and increases both the speed and quantity of production. This is of particular benefit in meeting rapidly emerging viral threats such as the potentially pandemic H5N1 avian and H1N1 swine influenzas.
About Generex Biotechnology Corporation
Generex is engaged in the research, development and commercialization of drug delivery systems and technologies. Generex has developed a proprietary platform technology for the delivery of drugs into the human body through the oral cavity (with no deposit in the lungs). The Company's proprietary liquid formulations allow drugs typically administered by injection to be absorbed into the body by the lining of the inner mouth using the Company's proprietary RapidMist(tm) device. The Company's flagship product, oral insulin (Generex Oral-lyn(tm)), which is available for sale in India and Ecuador for the treatment of subjects with Type-1 and Type-2 diabetes, is in Phase III clinical trials at several sites around the world. Antigen Express, Inc. is a wholly owned subsidiary of Generex. The core platform technologies of Antigen Express comprise immunotherapeutics for the treatment of malignant, infectious, allergic, and autoimmune diseases. For more information, visit the Generex website at www.generex.com or the Antigen Express website at www.antigenexpress.com.
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