Celsion Corporation Advances Proof of Concept to Non-human Primate Challenge Study Against SARS-CoV-2 with In-Process Vaccine Candidate


Preclinical results d


emonstrate safe and efficient immune response


with v


accine


development showing promise of neutralizing activity for a range of variants


LAWRENCEVILLE, N.J., Jan. 31, 2022 (GLOBE NEWSWIRE) —


Celsion


Corporation (NASDAQ: CLSN),

a clinical-stage development company focused on DNA-based immunotherapy and next-generation DNA-based vaccines, announces it has engaged BIOQUAL, Inc., a preclinical testing contract research organization, to conduct a non-human primate (NHP) challenge study with Celsion’s DNA-based approach for a SARS-CoV-2 vaccine. The NHP pilot study follows the generation of encouraging mouse data and will evaluate the Company’s lead vaccine formulations for safety, immunogenicity and protection against SARS-CoV-2.

In completed preclinical studies, Celsion demonstrated safe and efficient immune responses including IgG response, neutralizing antibodies and T-cell responses that parallel the activity of commercial vaccines following intramuscular (IM) administration of novel vaccine compositions expressing a single viral antigen. In addition, vector development has shown promise of neutralizing activity against a range of SARS-CoV-2 variants. Celsion’s novel DNA-based vaccines have been based on a simple intramuscular injection that does not require viral encapsulation or special equipment for administration.

“We are pleased to have engaged BIOQUAL to support the advancement of our PLACCINE platform research and look forward to beginning non-human primate challenge studies with the initial proof of concept based on a single variant antigen,” said Michael H. Tardugno, chairman, president and chief executive officer of Celsion.

“Over the past 14 months, Celsion has substantially expanded its vaccine competencies, resources and capabilities, reinforced with the addition of several key scientists skilled in immunology and vaccine development. The acquisition of plasmid manufacturing capability and state-of-the-art equipment in vaccine research and our investments in vector design engineering, analytical methods, and vivarium capacity have allowed for the rapid evaluation of more than 35 plasmid vectors. Rapid turnaround of novel vaccine expression systems leveraging in-house capabilities and strategic business collaborations have allowed us to refine and focus on promising formulations,” continued Mr. Tardugno. “Importantly, we are protecting our novel know-how with additional patent applications.”

Concluding his remarks, Mr. Tardugno noted, “Ongoing directional and technical guidance from our Vaccine Advisory Board, which is comprised of leaders in commercial vaccine development, virology, vector engineering and drug development, has been invaluable as we approach this critical advancement in our platform development program. We expect NHP studies to begin during the second quarter of 2022 with the goal of generating important data to inform human clinical studies.”


About BIOQUAL, Inc.

BIOQUAL was established in 1981 and performs contract research services focused on

in vivo

models of human diseases including COVID-19, AIDS, influenza, RSV infection, Flavivirus infections including Zika and Dengue, malaria, hepatitis and cancer. BIOQUAL has laboratories and vivarium under both BSL-2 and BSL-3 containment. In addition, BIOQUAL maintains CDC-approved BSL-3 containment laboratories for studies associated with Select Agents including highly pathogenic avian influenza.


About the PLACCINE Platform

PLACCINE is Celsion’s proprietary plasmid and DNA delivery technology and the subject of a provisional patent application that covers a broad range of next-generation DNA vaccines. An adaptation of the Company’s TheraPlas technology, PLACCINE is a DNA vaccine technology platform characterized by a single plasmid DNA with multiple coding regions. The plasmid vector is designed to express multiple pathogen antigens along with the option to include a potent immune modifier. It is delivered via a synthetic delivery system and has the potential to be easily modified to create vaccines against a multitude of infectious diseases, addressing:


  • Viral Mutations

    : PLACCINE may offer broad-spectrum and mutational resistance (variants) by targeting multiple antigens on a single plasmid vector.

  • Enhanced Efficacy

    : The option for including potent immune modifiers such as cytokines and chemokines may improve humoral and cellular responses to viral antigens and can be incorporated in the plasmid.

  • Durable Efficacy

    : PLACCINE delivers a DNA plasmid-based antigen that can result in durable antigen exposure and a robust vaccine response to viral antigens.

  • Storage & Distribution

    : PLACCINE allows for stability that is compatible with manageable vaccine storage and distribution.

  • Dosing & Administration

    : PLACCINE is a synthetic delivery system designed to require a simple injection and does not require viruses or special equipment for administration.


About


Celsion


Corporation

Celsion is a fully integrated, clinical-stage biotechnology company focused on advancing a portfolio of innovative cancer treatments, including immunotherapies and DNA-based therapies, and a platform for the development of nucleic acid vaccines currently focused on SARS-CoV-2. The Company’s product pipeline includes GEN-1, a DNA-based immunotherapy for the localized treatment of ovarian cancer. Celsion also has two feasibility-stage platform technologies for the development of novel nucleic acid-based immunotherapies and other anticancer DNA or RNA therapies. Both are novel synthetic, non-viral vectors with demonstrated capability in nucleic acid cellular transfection. For more information on Celsion, visit

www.celsion.com

. (PLACCINE/VACCINE)

Celsion GmbH is Celsion’s wholly owned, special purpose subsidiary based in Zug, Switzerland. Celsion GmbH is responsible for supporting studies of ThermoDox

®

, a proprietary heat-activated liposomal encapsulation of doxorubicin, is under investigator-sponsored development for several cancer indications. For more information on Celsion GmbH, visit


www.celsiongmbh.com


.


Forward-looking Statements


Forward-looking


statements


in


this


news


release


are


made


pursuant


to


the


“safe


harbor”


provisions


of


the


Private


Securities


Litigation


Reform


Act


of 1995.


These


statements


are


based


upon


current


beliefs,


expectation


s


,


and


assumptions


and


include


statements


regarding


the


platform


having


the


potential


to


provide


broad


protection


against


coronavirus


disease


2019


(COVID-19),


and


possible


future


mutations


of


SARS-CoV-2


or


other


coronaviruses.


These


statements


are


subject


to


a


number


of


risks


and


uncertainties,


many


of


which


are


difficult


to


predict,


including


the


ability


of


the


Company’s


platform


to


provide


broad


protection


against


COVID-19,


and


possible


future


mutations


of


SARS-CoV-2


or


other


coronaviruses,


the


issuance


of


a


patent


to


the


Company


for


use


of


its


technology


platform


for


treating


or


preventing


infection


with


the


SARS-CoV-2


virus


that


causes


COVID-19,


unforeseen


changes


in


the


course


of


research


and


development


activities


and


in


clinical


trials;


the


uncertainties


of


and


difficulties


in


analyzing


interim


clinical


data,


particularly


in


small


subgroups


that


are


not


statistically


significant;


FDA


and


regulatory


uncertainties


and


risks;


the


significant


expense,


time


and


risk


of


failure


of


conducting


clinical


trials;


the


need


for


Celsion


to


evaluate


its


future


development


plans;


possible acquisitions


or


licenses


of


other


technologies,


assets


or


businesses;


possible


actions


by


customers,


suppliers,


competitors


or


regulatory


authorities;


and


other


risks


detailed


from


time


to


time


in


the


Celsion’s


periodic


filings


with


the


Securities


and


Exchange


Commission.


Celsion


assumes


no


obligation to update


or supplement


forward-looking


statements that


become untrue because


of


subsequent events,


new


information


or


otherwise.


CONTACTS:


Celsion


Corporation


Jeffrey W. Church

Executive Vice President and CFO

609-482-2455



[email protected]


LHA Investor Relations


Kim Sutton Golodetz

212-838-3777


[email protected]

# # #


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