Press Release

 
VGX Pharmaceuticals Announces Relocation to New Corporate Headquarters

Blue Bell, PA – May 1, 2005 –

VGX Pharmaceuticals announced today that it has relocated to a new office and laboratory facility in Blue Bell, Pennsylvania. The company was formerly located within the University of Pennsylvania’s Science Center complex in Philadelphia.

The move signifies another important step in the continued growth of the company. The new facility provides additional space to accommodate the continued expansion of both its corporate and research and development staffs.

Commenting on the move, the company’s President and Chief Executive Officer, Dr. J. Joseph Kim said, “The expanded facilities at our new headquarters in Blue Bell is considered to be an important milestone and critical component in the continued achievement of our plans for the growth of the company.”

The address and contact information for the new office is:

VGX Pharmaceuticals
450 Sentry Parkway
Blue Bell, PA 19422
(P) 267.440.4200
www.vgxp.com


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About VGX Pharmaceuticals
VGX Pharmaceuticals is a biopharmaceutical company with product candidates for the treatment of infectious diseases including HIV, hepatitis C as well as cancer and inflammatory diseases. The Company’s clinical development programs include PICTOVIR™ for HIV infection and VGX-410C for chronic hepatitis C virus infection. In addition, VGX Pharmaceuticals’ therapeutic platform is designed to advance a strong and continual pipeline of drug candidates into the clinic with novel product candidates to treat cancer and inflammatory diseases. 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
Vice President
Tel 267.440.4208
Fax 267.440.4242
E-mail: Rassas@vgxp.com
www.vgxp.com