PHILADELPHIA, Nov. 18, 2013 (GLOBE NEWSWIRE) -- Vical Incorporated (Nasdaq:VICL) today announced that Robert H.I. Andtbacka, M.D., C.M., will present detailed results from the completed Phase 3 trial of Allovectin® (velimogene aliplasmid) at 4:45 p.m. EST today, November 18, at the 10th International Meeting of the Society for Melanoma Research (Philadelphia, PA – November 17-20). Dr. Andtbacka, a surgeon and investigator with the Huntsman Cancer Institute at the University of Utah School of Medicine, was a principal investigator of the Phase 3 trial. A copy of today's presentation will be posted on the Events page in the Investors section of the Vical website at www.vical.com at the time of the live presentation.
In August 2013, the company announced that the 390-subject trial failed to demonstrate a statistically significant improvement vs. first-line chemotherapy for either the primary endpoint of objective response rate at 24 weeks or more after randomization or the secondary endpoint of overall survival.
Vical researches and develops biopharmaceutical products based on its patented DNA delivery technologies for the prevention and treatment of serious or life-threatening diseases. Potential applications of the company's DNA delivery technology include DNA vaccines for infectious diseases or cancer, in which the expressed protein is an immunogen; cancer immunotherapeutics, in which the expressed protein is an immune system stimulant; and cardiovascular therapies, in which the expressed protein is an angiogenic growth factor. The company is developing certain infectious disease vaccines internally. In addition, the company collaborates with major pharmaceutical companies and biotechnology companies that give it access to complementary technologies or greater resources. These strategic partnerships provide the company with mutually beneficial opportunities to expand its product pipeline and address significant unmet medical needs. Additional information on Vical is available at www.vical.com.
This press release contains forward-looking statements subject to risks and uncertainties that could cause actual results to differ materially from those projected. Forward-looking statements include statements about the company's focus, collaborative partners, product candidates, and developmental status. Risks and uncertainties include whether any product candidates will be shown to be safe and efficacious in clinical trials, the timing of clinical trials, whether Vical or its collaborative partners will seek or gain approval to market any product candidates, the dependence of the company on its collaborative partners, and additional risks set forth in the company's filings with the Securities and Exchange Commission. These forward-looking statements represent the company's judgment as of the date of this release. The company disclaims, however, any intent or obligation to update these forward-looking statements.
David Schull Russo Partners (858) 717-2310 Website: www.vical.com
San Diego, California, UNITED STATES