Corgenix, Tulane Announce Award of NIH Grant Extending Hemorrhagic Fever Virus Product Development Program
07 Mai 2009 - 3:15PM
PR Newswire (US)
Recent Lassa fever outbreaks in Africa show vital need for new
products that can be processed in any clinical or field lab DENVER
and NEW ORLEANS, May 7 /PRNewswire-FirstCall/ -- Corgenix Medical
Corporation (OTC:CONX) (BULLETIN BOARD: CONX) , a worldwide
developer and marketer of diagnostic test kits, has announced an
extension of the collaborative effort for developing test kits for
the detection of viral hemorrhagic fever (VHF). The National
Institutes of Health (NIH) has awarded a five-year grant to Tulane
University for further development of the VHF kits. Collaborating
with Corgenix and Tulane in this grant are Autoimmune Technologies,
LLC, Vybion, Inc. and various partners in West Africa. "We are
extremely pleased to be part of this collaboration and to have
received the NIH grant," said Douglass Simpson, Corgenix President
and CEO. "We have made major strides in the development and
clinical study phases and this will enable us to further develop
the assays, complete the clinical studies and achieve full
commercialization." This is the second grant awarded to Tulane for
Lassa virus products. Under the original grant awarded in 2005, the
group developed and patented new recombinant proteins for Lassa
virus and developed several viral detection products which were
deployed in Africa for clinical testing. Under the new grant,
Corgenix and the other partners will move the prototype Lassa
products into full commercialization. Current tests typically
require the culture of live Lassa virus in a high-containment
laboratory to produce reagents. These tests are expensive,
laborious to produce, and not commercially available, leaving no
adequate options for laboratory diagnosis of VHFs in sub-Saharan
Africa where most VHFs are endemic. Joseph Fair, Ph.D., MPH,
Director, Global Field Operations, Global Viral Forecasting
Initiative, San Francisco, a consultant to the Lassa group, noted,
"these recombinant-based serological assays designed for field
deployment offer the public health and scientific communities a
powerful tool to accurately assess the true disease burden and
risks posed by Lassa and other especially dangerous pathogens,
while collaterally improving upon their treatment and ultimately
prevention." Lassa fever, a serious viral disease 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. 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
fever have been reported recently, including in Nigeria. Daniel
Bausch, M.D., MPH&TM, Director of Tulane's Research and
Training Program in West Africa, observed, "We are now seeing much
broader presence of this disease in Africa. Within the past year
alone we have seen a significant 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." Under the NIH grant, Tulane will conduct
a five-year study designed to complete the 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 health care in that part of the world, but will also
fill a critical gap in bioterrorism defense. Now, under the new NIH
award, we will complete the development and move to
commercialization of the Lassa fever detection products and expand
our efforts across Africa." 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 (Denver, Colo.) is a leader in the development and
manufacturing of specialized diagnostic kits for immunology
disorders, vascular diseases, bone and joint disorders. 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 Autoimmune Technologies, LLC Autoimmune
Technologies (New Orleans, La.) is a privately held biomedical
company. It has licensed several breakthrough research discoveries
from Tulane University School of Medicine and has made exciting
discoveries of its own. Autoimmune is working to offer new
diagnostic tests and new anti-viral therapeutics to the medical
community based on this proprietary research. 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 150 recombinant
proteins in multiple expression systems including 12 biologic drugs
in various phases of clinical development. 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, Corgenix Medical Corp.,
+1-303-453-8903, ; or Dan Snyders, Vice President, Public Relations
Supervisor, Armada Medical Marketing, +1-303-623-1190, ext. 230,
Fax, +1-303-623-1191, , for Corgenix Medical Corp. Web Site:
http://www.corgenix.com/
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