Press Release

 

VGX Pharmaceuticals Co-Founder Professor David B. Weiner to
Chair the First DNA Vaccines Conference in Asia

Blue Bell, PA – February 29, 2008 –

VGX Pharmaceuticals Inc. (VGX) announced today that Professor David B. Weiner of the University of Pennsylvania will serve as the Chairman of the DNA Vaccines Asia 2008 Conference next week in Seoul, Korea. Professor Weiner is a pioneer in the field of DNA vaccines and a VGX co-founder.

The conference—the first of such meetings in Asia—will bring together the pioneering scientists and thought leaders of DNA vaccines and therapies in Asia and the US. The conference will be held on March 4th and has an agenda covering a broad range of topics including current DNA vaccine research, product development and manufacturing. In addition to Professor Weiner, the conference speakers include Professor Shan Lu of University of Massachusetts, Professor Bin Wang of China Agriculture University, Professor Chang-yuil Kang of Seoul National University, Professor Eiji Kobayashi of Jichi Medical School, and Dr. Ruxandra Draghia-Akli of VGX Pharmaceuticals and other distinguished experts in the field of DNA vaccines and therapies. The delegates at the conference represent professionals from biotechnology companies, major pharmaceutical companies, academic institutions, and government labs throughout Asia. The conference is sponsored by VGX and Biologics Resources, Inc.


Cautionary Factors That May Affect Future Results - Materials in this Web site contain information that includes or is based upon forward-looking statements within the meaning of the Securities Litigation Reform Act of 1995. Forward-looking statements relate to expectations or forecasts of future events. You can identify these statements by the fact that they do not relate strictly to historical or current facts. They use words such as "anticipate," "estimate," "expect," "project," "intend," "plan," "believe," and other words and terms of similar meaning in connection with a discussion of potential future events, circumstances or future operating or financial performance. In particular, these include statements relating to future actions, prospective products or product approvals, future performance or results of current and anticipated products, sales efforts, expenses, the outcome of contingencies such as legal proceedings, and financial results. Any or all of our forward-looking statements here or in other publications may turn out to be wrong. They can be affected by inaccurate assumptions or by known or unknown risks and uncertainties. Many such factors will be important in determining our actual future results. Consequently, no forward-looking statement can be guaranteed, and forward-looking statements may be adversely affected by factors, including general market conditions, competitive product development, product availability, current and future branded and generic competition, federal and state regulations and legislation, manufacturing issues, timing of the elimination of trade buying, patent positions, litigations and investigations. Our actual results may vary materially, and there are no guarantees about the performance or valuation of VGX stock. It is also important to read the disclosure notice contained in many of the individual VGX documents available on this Web site as many contain important information on such cautionary factors as of the date of the individual document. We undertake no obligation to correct or update any forward-looking statements, whether as a result of new information, future events or otherwise. You are advised, however, to consult any further disclosures we make on related subjects in our reports.




About VGX Pharmaceuticals
VGX Pharmaceuticals is a biopharmaceutical company with small molecule and biologic product candidates for the treatment of infectious diseases, cancer, and inflammatory diseases. The Company's clinical development programs include PICTOVIR™ for HIV infection, which is in Phase II clinical trials, and PENNVAX™-B, a DNA vaccine for HIV infection, which is in 2 separate Phase I clinical trials. The Company’s lead compound for inflammatory diseases, VGX-1027, is also in Phase I clinical trials. VGX has established a vertically-integrated DNA Vaccines and Therapies Platform with extensive capabilities including SynCon™ DNA-based product candidates, the patented CELLECTRA™ delivery device, and efficient cGMP plasmid manufacturing facilities. The cGMP facilities are used for VGX’s own product supplies and for contract manufacturing. Vertical control over key aspects of product development has enabled the Company to consistently develop multiple product candidates, from bench-to-IND filing, within 1 year. The product candidates and technology programs are protected by the Company's extensive global intellectual property portfolio. More information about VGX can be found at www.vgxp.com.


Company Contact:
Kevin W. Rassas
Senior Vice President
Tel. 267.440.4208
Fax 267.440.4242
E-mail: Rassas@vgxp.com
www.vgxp.com


© 2008 VGX Pharmaceuticals. All rights reserved.