Corgenix Announces Expansion of Hemorrhagic Fever Virus Product Development Program
10 Juli 2008 - 3:15PM
PR Newswire (US)
Recent outbreaks of the Lassa Hemorrhagic Fever in Africa show
vital need for new products that can be processed in any clinical
or field lab DENVER, July 10 /PRNewswire-FirstCall/ -- Corgenix
Medical Corporation (OTC:CONX) (BULLETIN BOARD: CONX) , a worldwide
developer and marketer of diagnostic test kits, has announced an
expansion of the collaborative effort for developing test kits for
viral hemorrhagic fever (VHF) detection. The viral products are
being produced under a grant awarded by the National Institutes of
Health (NIH) and were developed by Corgenix in collaboration with
Tulane University, the U.S. Army Medical Research Institute of
Infectious Diseases (USAMRIID), BioFactura, Inc., Autoimmune
Technologies, LLC and various partners in West Africa. Joining the
collaboration is Vybion, Inc., an Ithaca, N.Y., based biotechnology
company. Vybion CEO Lee Henderson, Ph.D., stated, "We are pleased
to be able to work with Corgenix, Tulane and the other partners.
With our deep experience in protein expression from bacterial and
mammalian cells and our extensive technology portfolio, we will be
able to provide the commercial scale-up for the recombinant protein
efforts." "The addition of Vybion to our group is an important step
in achieving full commercialization of the products developed under
this collaboration," said Douglass Simpson, Corgenix President and
CEO. "We already have products in the field in Africa, and with
Vybion's capabilities in producing large quantities of the critical
reagents, we have the supply chain necessary for full scale
production of these critically important detection products."
Corgenix and the other partners have developed and applied for a
patent for new recombinant proteins for Lassa virus. Lassa fever, a
serious viral infection spread by contact with infected rodents, is
estimated to infect 300,000 to 500,000 people per year across West
Africa, with approximately 5,000 deaths. Current tests are
expensive, not commercially available, can take days to return
results, and usually require the culture of live Lassa virus in a
high-containment laboratory to produce reagents. In some areas of
Sierra Leone and Liberia, up to 16 percent of people admitted to
hospitals have Lassa fever. Lassa fever is also associated with
occasional epidemics, during which the case-fatality rate can reach
50 percent. New outbreaks of the Lassa hemorrhagic fever have been
reported recently. Daniel Bausch MD, MPH&TM, Director of the
Mano River Union Lassa Fever Network and Tulane's Program in West
Africa, observed, "We are now seeing a much broader presence of
this disease in Africa. Within the past two months alone we have
seen an increase in the number of cases in Nigeria, with increased
fatalities. It is critical that the assays we have already
developed and are using in Africa, as well as others still in our
development pipeline, become fully deployed to aid in this vital
effort." Corgenix said the new tests already developed by the group
can be run in just 90 minutes, and unlike other virus tests, don't
require specially designed and engineered Biosafety Level 4 (BSL-4)
laboratories operated by specially trained personnel. This makes
the products ideal for important clinical areas such as Africa, as
well as the bioterrorism concern. Under the NIH grant, Tulane has
been leading a three-year study designed to develop better tests
for VHFs, some of which are potential bioterrorism agents due to
their high fatality rate and ease of transmission from person to
person. Robert Garry, Ph.D., Professor of Microbiology and
Immunology at the Tulane University School of Medicine and
Principle Investigator of the program, added, "We have been very
pleased with the results of our development effort. The products
have shown to be remarkably effective in clinical settings in
Africa and will have a meaningful impact on the healthcare in that
part of the world, but will also fill a critical gap in
bioterrorism defense. Now with the addition of Vybion, Corgenix can
successfully scale-up the production to address both needs." Dr.
Garry stated that the group intends to expand this program to
address other important infectious agents-such as Ebola, Marburg
and other hemorrhagic fever viruses-that are of concern to the
public health and bioterrorism preparedness communities. About
Corgenix Medical Corporation Corgenix is a leader in the
development and manufacturing of specialized diagnostic kits for
emerging pathogens and bio-threat agents, immunology disorders,
vascular diseases and bone and joint disorders, including the
world's only non-blood-based test for aspirin effect. Corgenix
diagnostic products are commercialized for use in clinical
laboratories throughout the world. The company currently sells over
50 diagnostic products through a global distribution network. More
information is available at http://www.corgenix.com/. About Tulane
University Tulane University (New Orleans LA) was founded in 1834.
Tulane is one of the most highly regarded and selective research
universities in the United States, and is a member of the
prestigious Association of American Universities. Tulane's schools
and colleges offer undergraduate, graduate and professional degrees
in the liberal arts, science and engineering, architecture,
business, law, social work, medicine and public health and tropical
medicine. About Vybion, Inc. Vybion (Ithaca, N.Y.) is an emerging
biotechnology company with a proprietary biopharmaceutical drug
pipeline and platform technology for human monoclonal antibody
selection and affinity maturation. The Company's contract division
has developed over 100 recombinant proteins in multiple expression
systems including 10 drugs in various phases of clinical
development. About USAMRIID USAMRIID, located at Fort Detrick,
Maryland, is the lead medical research laboratory for the U.S.
Biological Defense Research Program, and plays a key role in
national defense and in infectious disease research. The Institute
conducts basic and applied research on biological threats resulting
in medical solutions (such as vaccines, drugs and diagnostics) to
protect the warfighter. While USAMRIID's primary mission is focused
on the military, its research often has applications that benefit
society as a whole. USAMRIID is a subordinate laboratory of the
U.S. Army Medical Research and Materiel Command. For more
information, visit http://www.usamriid.army.mil/ Statements in this
press release that are not strictly historical facts are
"forward-looking" statements (identified by the words "believe",
"estimate", "project", "expect" or similar expressions) within the
meaning of the Private Securities Litigation Reform Act of 1995.
These statements inherently involve risks and uncertainties that
could cause actual results to differ materially from the
forward-looking statements. Factors that would cause or contribute
to such differences include, but are not limited to, continued
acceptance of the Company's products and services in the
marketplace, competitive factors, changes in the regulatory
environment, and other risks detailed in the Company's periodic
report filings with the Securities and Exchange Commission. The
statements in this press release are made as of today, based upon
information currently known to management, and the Company does not
undertake any obligation to publicly update or revise any
forward-looking statements. The information contained in this press
release does not necessarily reflect the position or the policy of
the Government and no official endorsement should be inferred.
DATASOURCE: Corgenix Medical Corporation CONTACT: William
Critchfield, Senior VP and CFO of Corgenix Medical Corp.,
+1-303-453-8903, ; or Media, Dan Snyders, Vice President, Public
Relations Supervisor of Armada Medical Marketing, +1-303-623-1190 x
230, or Fax, +1-303-623-1191, , for Corgenix Medical Corp. Web
site: http://www.corgenix.com/ http://www.usamriid.army.mil/
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