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AllPennyStocks.com News: Shares of GeoVax Rise on NIH Grant for Novel Zika Vaccine

 

Mississauga, ON -- (SBWIRE) -- 05/24/2018 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled "Shares Of GeoVax Rise On NIH Grant for Novel Zika Vaccine."

Companies mentioned in this article include GeoVax Labs, Inc. (OTCQB:GOVX).

Article Excerpt:

Shares of GeoVax Labs, Inc. (OTCQB:GOVX) are trading higher in today's trade as the biotechnology company developing human vaccines, announced that the National Institute of Allergy and Infectious Diseases (NIAID), part of the National Institutes of Health (NIH), has awarded the Company a Small Business Innovative Research (SBIR) grant in support of its novel Zika vaccine development program. The grant award of $300,000 will fund the second year of a two-year project period with a total budget of $600,000.

The grant, entitled "Advanced Preclinical Testing of a Novel Recombinant Vaccine Against Zika Virus", supports advanced preclinical testing of GeoVax's vaccine candidate (designated GEO-ZM02) in non-human primates in preparation for human clinical trials. GEO-ZM02 is a novel vaccine approach to protect against Zika virus (ZIKV), using GeoVax's Modified Vaccinia Ankara (MVA) vector to express the ZIKV non-structural protein 1 (NS1).

The full version of this article can be found at:
http://www.allpennystocks.com/aps_us/special-reports/926/shares-of-geovax-rise-on-nih-grant-for-novel-zika-vaccine.htm

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