0001437749-16-028538.txt : 20160329 0001437749-16-028538.hdr.sgml : 20160329 20160329083015 ACCESSION NUMBER: 0001437749-16-028538 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20160329 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20160329 DATE AS OF CHANGE: 20160329 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VBI VACCINES INC. CENTRAL INDEX KEY: 0000704159 STANDARD INDUSTRIAL CLASSIFICATION: BIOLOGICAL PRODUCTS (NO DIAGNOSTIC SUBSTANCES) [2836] IRS NUMBER: 930589534 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-18188 FILM NUMBER: 161533688 BUSINESS ADDRESS: STREET 1: 222 THIRD STREET STREET 2: SUITE 2241 CITY: CAMBRIDGE STATE: MA ZIP: 02142 BUSINESS PHONE: 6178303031 MAIL ADDRESS: STREET 1: 222 THIRD STREET STREET 2: SUITE 2241 CITY: CAMBRIDGE STATE: MA ZIP: 02142 FORMER COMPANY: FORMER CONFORMED NAME: PAULSON CAPITAL (DELAWARE) CORP. DATE OF NAME CHANGE: 20140326 FORMER COMPANY: FORMER CONFORMED NAME: PAULSON CAPITAL CORP DATE OF NAME CHANGE: 19920703 8-K 1 vbiv20160328_8k.htm FORM 8-K vbiv20160328_8k.htm

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K 

 

CURRENT REPORT 

 

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

Date of Report: March 29, 2016

(Date of earliest event reported)

 

 

VBI VACCINES INC.

(Exact name of registrant as specified in its charter)

 

 

Delaware

(State or other jurisdiction

of incorporation)

0-18188

(Commission File

Number)

93-0589534

(IRS Employer

Identification Number)

 

 

222 3rd Street, Suite 2241

Cambridge, Massachusetts

(Address of principal executive offices)

  

02142

(Zip Code)

 

(617) 830-3031

(Registrant’s telephone number, including area code)

  

 

(Former Name or Former Address, if changed since last report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 
 

 

  

ITEM 7.01            REGULATION FD DISCLOSURE

 

On March 29, 2016, VBI Vaccines Inc. issued a press release. A copy of the press release is furnished herewith as Exhibit 99.1.

 

The information disclosed under this Item 7.01, including Exhibit 99.1 hereto, shall not be deemed “filed” for purposes of Section 18 of the Exchange Act of 1934, as amended, and shall not be deemed incorporated by reference into any filing made under the Securities Act of 1933, as amended, except as expressly set forth by specific reference in such filing.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits

 

 

 

 

Exhibit

No.

Description

99.1

Press Release dated March 29, 2016

  

 
 

 

  

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Dated: March 29, 2016

 

 

VBI VACCINES INC.

 

 

 

 

 

 

 

 

 

 

By:

/s/ Jeff Baxter

 

 

 

Jeff Baxter

 

 

 

Chief Executive Officer

 

  

 
 

 

  

EXHIBIT INDEX

 

Exhibit No.

  

Description

 

 

 

99.1

  

Press Release dated March 29, 2016

EX-99.1 2 ex99-1.htm EXHIBIT 99.1 ex99-1.htm

Exhibit 99.1

 

VBI Vaccines to Present at the World Vaccine Congress Washington

 

New Data Supports the Use of VBI’s eVLP Vaccines in Combination with Checkpoint Inhibitors

 

CAMBRIDGE, MA (March 29, 2016) – VBI Vaccines Inc. (Nasdaq: VBIV) (“VBI”) is scheduled to present at the World Vaccine Congress Washington on Wednesday, March 30th, 2016 at 12:10 PM ET. The event is being held at the Grand Hyatt in Washington, D.C.

 

During the presentation, More Foreign than Neo: Harnessing the Power of Viral CMV Antigens in Cancer Vaccines, Dr. David E. Anderson, VBI’s Chief Scientific Officer, will summarize recent progress in VBI’s development of a glioblastoma multiforme (“glioblastoma” or “GBM”) immunotherapy. Dr. Anderson will also present new data that supports the use of VBI’s enveloped virus-like particle (“eVLP”) vaccines in synergistic combination with PD-1 checkpoint inhibition.

 

VBI has designed a bivalent eVLP vaccine to direct a potent immune response against cytomegalovirus (“CMV”) viral antigens that are frequently expressed in certain cancers, including breast and glioblastoma. In preclinical studies, VBI’s bilvalent eVLP vaccine stimulated strong T cell responses in GBM and breast cancer patient samples.

 

As additional proof of concept, VBI evaluated its bivalent eVLP vaccine alone and in combination with anti-PD-1 mAb, a checkpoint inhibitor, in ex vivo studies. The combination significantly increased IFN-ã secretion, suggesting improved T cell activity.

 

“Checkpoint inhibitors have revolutionized the treatment of many cancers by increasing a tumor’s vulnerability to immune attack,” said Dr. Anderson. “However, many patients lack the background anti-tumor immunity required to benefit from checkpoint inhibitors. Our therapeutic cancer vaccine uses CMV viral antigens that are expressed on tumors, and may be more easily recognized by the immune system, to direct a potent anti-tumor immune response. While early, we are excited about this preclinical data and the potential opportunity to improve outcomes in hard to treat cancers.”

 

To download a copy of Dr. Anderson’s presentation, visit: http://www.vbivaccines.com/wire/wvc-2016/.

 

Event Details

 

 

Event: World Vaccine Congress Washington

 

Date: Wednesday, March 30th, 2016

 

Time: 12:10 PM ET

 

Location: Grand Hyatt in Washington, D.C.

 

Event Website: http://bit.ly/wvc-2016

  

      

 
VBI Vaccines Inc. | 222 Third Street, Suite 2241 | Cambridge, MA 02142 | 617-830-3031 | info@vbivaccines.com                                                                                                1

 

  

GBM Background

 

Glioblastoma is among the most common and aggressive malignant primary brain tumors in humans. In the U.S. alone, 12,000 new cases are diagnosed each year.1 The current standard of care for treating GBM is surgical resection, followed by radiation and chemotherapy. Even with aggressive treatment, GBM progresses rapidly and is exceptionally lethal, with median patient survival of less than 16 months.2

 

Targeted immunotherapy may provide a promising adjunct or alternative to conventional GBM treatment. Immunotherapy is a fundamentally different way of treating cancer that stimulates the patient’s immune system to resume its attack on tumors. While conventional therapies are non-specific and may damage surrounding normal tissues, targeted immunotherapy may offer a highly specific and potentially long-lasting treatment approach that leverages the immune system to protect against cancer.

 

A growing body of research has demonstrated that GBM tumors are susceptible to infection by cytomegalovirus, with over 90% of GBM tumors expressing CMV antigens.3 In addition, recent research has demonstrated that an anti-CMV dendritic cell vaccination regimen can extend overall survival in patients with glioblastoma.4 Thus, effective targeting of foreign viral CMV antigens may represent a potent and attractive strategy for a GBM immunotherapy.

 

To learn more about VBI’s GBM Immunotherapy Program, visit: http://www.vbivaccines.com/gbm/

 

 

About VBI Vaccines Inc.

 

VBI Vaccines Inc. (“VBI”) is a biopharmaceutical company developing novel technologies that seek to expand vaccine protection in large underserved markets. VBI’s eVLP vaccine platform allows for the design of enveloped (“e”) virus-like particle (“VLP”) vaccines that closely mimic the target virus. VBI’s lead eVLP asset is a prophylactic cytomegalovirus (“CMV”) vaccine; VBI has initiated work for GMP manufacturing of its CMV candidate for use in formal preclinical and Phase I trials. VBI’s second platform is a thermostable technology that enables the development of vaccines and biologics that can withstand storage or shipment at constantly fluctuating temperatures. VBI has completed proof of concept thermostability studies on a number of vaccine and biologic targets. VBI is headquartered in Cambridge, MA with research facilities in Ottawa, Canada.

 

Website Home: http://www.vbivaccines.com/

News and Insights: http://www.vbivaccines.com/wire/

Investors: http://ir.vbivaccines.com/

 

 

 

 


1 v49.

2 ival in the United States before and during the temozolomide era. J Neurooncol. 2012;107(2):359-64.

3 oma. Neuro-oncology. 2008;10(1):10-8.

4 Mitchell DA, Batich KA, Gunn MD, et al. Tetanus toxoid and CCL3 improve dendritic cell vaccines in mice and glioblastoma patients. Nature. 2015;519(7543):366-9.

 

 
VBI Vaccines Inc. | 222 Third Street, Suite 2241 | Cambridge, MA 02142 | 617-830-3031 | info@vbivaccines.com                                                                                                2 

 

 

Company Contact

 

Perri Maduri, Communications Executive

Phone: (617) 830-3031 x124

Email: ir@vbivaccines.com

 

 

Forward-Looking Statement Disclosure

 

This press release contains certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, including statements regarding the efficacy of potential products, the timelines for bringing such products to market, and the availability of funding sources for continued development of such products. Forward-looking statements are based on management’s estimates, assumptions, and projections, and are subject to uncertainties, many of which are beyond the control of VBI. Actual results may differ materially from those anticipated in any forward-looking statement. Factors that may cause such differences include the risks that potential products that appear promising to VBI cannot be shown to be efficacious or safe in subsequent preclinical or clinical trials, VBI will not obtain appropriate or necessary governmental approvals to market these or other potential products, VBI may not be able to obtain anticipated funding for its development projects or other needed funding, and VBI may not be able to secure or enforce adequate legal protection, including patent protection, for its products. All forward-looking statements included in this press release are made only as of the date of this press release, and VBI does not undertake any obligation to publicly update or correct any forward-looking statements to reflect events or circumstances that subsequently occur or of which we hereafter become aware.

 

More detailed information about VBI and risk factors that may affect the realization of forward-looking statements, including the forward-looking statements in this press release, is set forth in VBI’s filings with the Securities and Exchange Commission (the “Commission”). VBI urges investors and security holders to read those documents free of charge at the Commission’s Web site at http://www.sec.gov. Interested parties may also obtain those documents free of charge from VBI. Forward-looking statements speak only as to the date they are made, and except for any obligation under the U.S. federal securities laws, VBI undertakes no obligation to publicly update any forward-looking statement as a result of new information, future events or otherwise.

 

 

 

VBI Vaccines Inc. | 222 Third Street, Suite 2241 | Cambridge, MA 02142 | 617-830-3031 | info@vbivaccines.com                                                                                                 3