History

VGX Pharmaceuticals Inc. was founded in December 2000 by Dr. J. Joseph Kim and Professor David B. Weiner as a start-up based on technology licensed from the University of Pennsylvania.



Professor Weiner and Dr. Kim at the Time Global Health Conference in 2005

In December 2004, VGX Pharmaceuticals initiated its first clinical trials of a novel HIV drug candidate PICTOVIR in a partnership with the Adult AIDS Clinical Trials Group (AACTG). In November 2005, VGX Pharmaceuticals acquired a controlling interest of a publicly traded pharmaceutical company subsequently renamed as VGX International Inc. (Korean Stock Exchange: Stock Ticker No. 011000) to expand the Company’s overseas R&D, manufacturing and marketing capabilities. In June 2007, VGX International became a part of the prestigious KOSPI 200 Index. In February 2007, VGX Pharmaceuticals acquired ADViSYS Inc., a Texas-based private biotechnology company focused on the development and delivery of DNA-based therapies. Similar to VGX Pharmaceuticals, ADViSYS was a start-up based on technology licensed from Baylor College of Medicine in 1997. In May 2007, VGX Pharmaceuticals established VGX Animal Health, Inc., as a subsidiary focused on the development of pharmaceutical products for animal health applications.


Significant Milestones

2000

4th Quarter

VGX Pharmaceuticals Inc. founded as Viral Genomix, Inc., based upon technology licensed from University of Pennsylvania

2001
4th Quarter
Completed first technology license from University of Pennsylvania

2002
4th Quarter
First of 4 NIH grants totaling $1.9 Million awarded

2003
2nd Quarter
Received sponsorship approval from Adult AIDS Clinical Trial Group (AACTG) for clinical testing of PICTOVIR™

2004
4th Quarter
VGX selected as Technology Pioneer by World Economic Forum (WEF)
 
4th Quarter
First Phase I/II clinical study for PICTOVIR™ initiated for HIV (AACTG)

2005
3rd Quarter
VGX-410C Phase II clinical study initiated for HCV
 
4th Quarter
VGX raised over $22.7 Million from private and institutional investors
 
4th Quarter
VGX acquired controlling interest of VGX International, Inc. in Korea

2006
2nd Quarter
Licensed VGX-1027 from Ganial Immunotherapeutics, Inc.
 
3rd Quarter
Second PICTOVIR™ Phase II initiated

2007
1st Quarter
Acquired ADViSYS, Inc. (CELLECTRA™ electroporator, manufacturing operations, and animal health) in The Woodlands, Texas
 
2nd Quarter
Licensed DNA Vaccines portfolio from University of Pennsylvania
 
2nd Quarter
Sponsored International DNA Vaccine Conference, introducing VGX’s entry into DNA Vaccines field
 
2nd Quarter
Licensed GHRH technology from Baylor College of Medicine
 
2nd Quarter
Formed VGX Animal Health, Inc. as a subsidiary focused on veterinary medicine
 
2nd Quarter
VGX International added to KOSPI 200 Index
 
3rd Quarter
Awarded $1.9 million Defense Threat Reduction Agency Grant
 
4th Quarter
PENNVAX™-B HIV vaccine Phase I study initiated with HIV Vaccines Trials Network (HVTN)
 
4th Quarter
VGX raised additional $12.4 Million in private equity

2008
1st Quarter
VGX-1027 Phase I study initiated (Rheumatoid Arthritis/Type 1 Diabetes)
 
1st Quarter
Device Master File for CELLECTRA® electroporator submitted
 
1st Quarter
VGX Animal Health received approval of LifeTide™ SW 5 in Australia as world’s first and only approved DNA therapy for food animals
 
2nd Quarter
VGX-3200 IND Filed (Cancer Cachexia)
 
2nd Quarter
VGX-3400 IND Filed (Avian Influenza)
 
2nd Quarter
VGX-3100 IND Approved for Phase I study (Therapeutic Vaccine for Cervical Cancer)
 
2nd Quarter
VGX sold manufacturing operations to VGX International
 
2nd Quarter
VGX Licensed Additional DNA Vaccines technology from University of Pennsylvania
 
3rd Quarter
PICTOVIR™ Program terminated
 
3rd Quarter
Merger with Inovio Biomedical Announced


 
 
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