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Last updated on April 18, 2014 at 16:09 EDT

Bavarian Nordic’s MVA-BN® Vaccine Platform Receives Additional Support From U.S. Government

November 14, 2012

KVISTGARD, Denmark, November 14, 2012 /PRNewswire/ –

Bavarian Nordic A/S (NASDAQ OMX: BAVA) announced today that the U.S. Department of
Homeland Security (DHS) Science and Technology Directorate and the National Institutes of
Health (NIH) have awarded the company two new contracts valued at up to $18.9 million for
the development of recombinant Modified Vaccinia virus Ankara (MVA)-based vaccines,
building on the company’s MVA-BN(R) platform. The NIH contract, valued at up to $17.9
million, supports the advanced development of a MVA-BN(R)-based human vaccine against the
viral hemorrhagic fever Marburg, as well as the evaluation of novel technologies to
enhance efficacy. The DHS contract, valued at nearly $1 million, supports the development
of a MVA-BN(R)-based animal vaccine against Foot-and-mouth disease.

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“These new contracts demonstrate the versatility of our MVA-BN platform for infectious
disease vaccines and cancer immunotherapeutics,” said Anders Hedegaard, President and CEO
of Bavarian Nordic A/S. “The MVA-BN platform has broad applicability, an excellent safety
profile and established manufacturing capacity, making it one of the most attractive
vaccine technologies to meet the U.S. government’s preparedness needs, as well as
demonstrating commercial value.”

MVA-BN(R) is a robust and adaptable vaccine platform suitable for addressing a wide
variety of infectious diseases, including biological threats. In addition to developing
MVA-BN(R) (trade name IMVAMUNE(R)) as a safer smallpox vaccine essential to protecting the
immune-compromised population, Bavarian Nordic has conducted preclinical and clinical
studies of recombinant MVA-BN(R)-based vaccines for a variety of infectious diseases and
numerous types of cancer. Studies including more than 3,400 subjects suggest that
MVA-BN(R)-based vaccines have a favorable safety profile that could support use in the
diverse U.S. population.

These new contracts build on a successful partnership between Bavarian Nordic and the
Biomedical Advanced Research and Development Authority (BARDA) and the National Institute
of Allergy and Infectious Diseases (NIAID). These agencies have supported the development,
manufacture and stockpiling of IMVAMUNE(R) smallpox vaccine. As part of that partnership,
Bavarian Nordic has built and operates an industrial scale manufacturing facility that
currently produces and delivers IMVAMUNE(R) to the Strategic National Stockpile. This
flexible manufacturing capability significantly reduces the cost and risk associated with
producing recombinant MVA-BN(R)-based vaccine candidates.

The development of IMVAMUNE(R) has been supported by federal funds from the National
Institutes of Health under contract No. HHSN266200400072C and the Office of the Assistant
Secretary for Preparedness and Response, Biomedical Advanced Research and Development
Authority, under contract No. HHSO100200700034C.

The Marburg development program is being supported by federal funds from the National
Institutes of Health under contract No. HHSN272201200018C. The foot-and-mouth disease
program is being supported by federal funds from the Department of Homeland Security under
contract No. HSHQDC-12-C-00051.

About Marburg and Foot-and-mouth disease

The Marburg virus is a highly contagious virus that produces severe and often deadly
viral hemorrhagic fever in humans. Viral hemorrhagic fevers, including the Marburg
filovirus, are classified by the U.S. government as Category A bioterrorism agents and
have the potential to pose a risk to national security. The development of effective
vaccines against viral hemorrhagic fevers like Marburg is a high priority for the U.S.
Department of Defense Chemical and Biological Defense Program.

Foot-and-mouth disease (FMD) is a severe disease of cattle, sheep, swine and other
cloven-hoofed animals. FMD remains one of the most feared agricultural pathogens due to
the severe adverse impact on animal production and productivity. Concerns regarding the
accidental or intentional introduction of FMD virus into FMD-free countries have led to
efforts by the U.S. Department of Agriculture and Department of Homeland Security to
identify novel FMD vaccines that address limitations of currently available inactivated
FMD vaccines.

Both the Marburg virus and FMD virus are classified as Select Agents by the U.S.
Government.

For more information, visit http://www.bavarian-nordic.com

Forward-looking statements

This announcement includes “forward-looking statements” that involve risks,
uncertainties and other factors, many of which are outside of our control that could cause
actual results to differ materially from the results discussed in the forward-looking
statements. Forward-looking statements include statements concerning our plans,
objectives, goals, future events, performance and/or other information that is not
historical information. We undertake no obligation to publicly update or revise
forward-looking statements to reflect subsequent events or circumstances after the date
made, except as required by law.

Contact

Paul Chaplin, Division President, Infectious Diseases, Bavarian Nordic. Phone
+1-202-288-9220.


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http://photos.prnewswire.com/prnh/20120906/559467

SOURCE Bavarian Nordic A/S


Source: PR Newswire