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"Ongoing outbreaks of H5N1 Avian Influenza in Asia pose a significant risk for a pandemic emphasizing the importance of preparedness in this region of the world," said Andy Sheldon, President and CEO of Medicago. "We believe our plant-based vaccine manufacturing technology can help China prepare for future outbreaks of H5N1 and prevent or reduce the impact of a pandemic."
During the conference, the Heads of Government of Upper Austria, Bavaria, Western Cape, Georgia, Shandong, Sao Paulo, and Québec will gather to discuss the development of action plans to promote the adoption of government policies that reconcile economic development, social protection, the sustainable preservation of resources essential for life and the promotion of cultural diversity for future generations. The theme for this year's conference will be "Health and Medical Care" and "Building a Resource-Conserving Society".
About Medicago
Medicago is committed to provide highly effective and affordable vaccines based on proprietary Virus-Like Particle (VLP) and manufacturing technologies. Medicago is developing VLP vaccines to protect against H5N1 pandemic influenza, using a transient expression system which produces recombinant vaccine antigens in non-transgenic plants. This technology has potential to offer advantages of speed and cost over competitive technologies. It could deliver a vaccine for testing in about a month after the identification and reception of genetic sequences from a pandemic strain. This production time frame has the potential to allow vaccination of the population before the first wave of a pandemic strikes and to supply large volumes of vaccine antigens to the world market. Additional information about Medicago is available at www.medicago.com.
Forward-Looking Statements
This press release contains forward-looking statements which reflect Medicago's current expectations regarding future events. The forward-looking statements involve risks and uncertainties. Actual results could differ materially from those projected herein. Medicago disclaims any obligation to update these forward-looking statements.
The TSX Venture Exchange assumes no responsibility for the content or
accuracy of this press release
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SOURCE: Medicago Inc.
Medicago, Inc., Andy Sheldon, President and CEO, (418) 658-9393; Investor relations: The Equicom Group Inc., Arianna Vanin, (514) 844-4680, avanin@equicomgroup.com
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