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Advaxis Incorporated (OTCBB: ADXS)
HCID Member | Biotech Specialty Pharma
305 College Rd East
Princeton, NJ 08540 USA
phone:609.452.9813
fax:609.452.9818
Symbol ADXS.OB
Exchange OTC BB
Founded 2002
Employees 12
www.advaxis.com
Research Sector Biotech Specialty Pharma
Summary Description
Biotechnology to treat cancer and infectious disease
Management
Thomas A. Moore, Chairman, CEO; John Rothman, Ph.D., EVP of Science and Operations; Mark Rosenblum, Chief Financial Officer
Ownership
Financials Mkt Cap :35


* numbers in thousands
 

Keywords
Immunotherapy, cancer, infectious disease, breast, prostate, HPV

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Updated: Feb. 08, 2012

Description
Advaxis is a biotechnology company developing the next generation of immunotherapies for cancer and infectious diseases. The Company’s novel platform technology utilizes a modified infectious microorganism, live attenuated Listeria monocytogenes (Lm), which is bio-engineered to secrete an antigen/adjuvant fusion (Lm-LLO) protein and thereby activate numerous aspects of the immune system simultaneously. Lm-LLO-based immunotherapy is able to generate a comprehensive immune response by serving as its own adjuvant, directing antigen presentation, and changing the tumor microenvironment by increasing tumor infiltrating killer T-cells and decreasing Tregs/MDSCs. Effects include innate immunity, enactment of both arms of the adaptive immune response, and many non-classical immune responses. This later-stage biotechnology company has over fifteen distinct constructs in various stages of development, some directly developed by the Company and others through strategic collaborations with recognized centers of excellence.
Products / Services
ADXS-HPV is being developed with indications for recurrent cervical cancer, cervical intraepithelial neoplasia (CIN), and head & neck cancer.
ADXS-PSA is in pre-clinical development for the treatment of prostate cancer.
ADXS-HER2 is in pre-clinical development for the treatment of HER2 over-expressing cancers, such as certain types of breast cancer, and is being used in a Phase 1 study for canine osteosarcoma in companion dogs.
Technology / Differentiation
Advaxis immunotherapies are based upon a novel platform technology that utilizes live attenuated Listeria monocytogenes (Lm) bio-engineered to secrete an antigen/adjuvant fusion (Lm-LLO) protein. Lm-LLO consists of a truncated fragment of the Lm protein listeriolysin (LLO), fused to target antigens of interest. Lm-LLO stimulates a powerful immune response not only to Lm which is inherent in humans, but redirects this same response to the target antigen(s). Lm-LLO based immunotherapy is designed to generate a more comprehensive immune response by serving as its own adjuvant, directing antigen presentation, and changes the tumor microenvironment by increasing tumor infiltrating killer T-cells and decreasing Tregs/MDSCs.
Market / Customers
Advaxis is in development stages to create immunotherapies that can treat patients for HPV-caused cancer and other cancers and infectious diseases.
Competitors / Substitutes / Alternatives
Geovax (Otcbb: GOVX)
Dendreon (Nasdaq: DNDN)
ImmunoCellular (Otcbb: IMUC)
Oncolytics (Otcbb: ONCY)
Provectus (Otcbb: PVCT)
CellGene (Nsdaq: CELG)
Strategy
Technology - To use our proprietary, versatile platform as the foundation for a continuous pipeline of active immunotherapies that target multiple cancers and infectious diseases.
Clinical - To demonstrate the safety and efficacy of our active immunotherapies through company- and government-sponsored trials and collaborations with leading institutions and organizations.
Shareholder - To maximize value by leveraging the technology, developing improved constructs, out-licensing immunotherapies, and building a broad & defensible patent portfolio.
Funding
Advaxis continues to raise money through grants and partnerships.