GeneOne Announces that its Subsidiary, Industry Leading Plasmid DNA CMO VGXI, has Entered into an Exclusive License to Produce RNA Biotherapeutics.
Seoul, Korea – September 17, 2018: GeneOne Life Science announced today that its subsidiary VGXI, an industry leading plasmid DNA contract manufacturer, has entered into an exclusive license with the Houston Methodist Research Institute to produce clinical grade RNA at VGXI in The Woodlands, Texas.
The Research Institute RNAcore, directed by professor and chair, John Cooke, MD, PhD, is a leader in RNA synthesis, generating RNA constructs including mRNA, modified mRNA (mmRNA), microRNA cassettes, and noncoding RNA for scientific and medical collaborators. In addition to manufacturing methods, the RNAcore has also developed exceptional technologies for improved stability of RNA products and enhanced delivery of nucleic acid based therapies.
This agreement will enable GeneOne Life Science to leverage the design capabilities provided by the Research Institute and Cooke’s research team for development of new RNA vaccines and therapies. Notably, the pairing of HMRI’s technological advancements with VGXI’s GMP manufacturing excellence will allow for general adoption of this rapidly growing field. Anticipating the agreement, VGXI is already nearing completion of a facility expansion that includes purpose-built GMP production areas for RNA synthesis. Technology transfer in support of these new services is expected to commence immediately.
“RNA vaccines and therapeutics are the future of nucleic acid based technologies,” stated Young K. Park, President and CEO of GeneOne. “This license agreement between VGXI and HMRI allows GeneOne’s expansion into RNA technology. Expansion into RNA technology will allow GeneOne maximal breadth to leverage the rapid expansion of nucleic acid therapeutics.”
ABOUT HOUSTON METHODIST
Houston Methodist Hospital is ranked as one of the nation’s best hospitals and the #1 hospital in Texas by US News & World Report. The Houston Methodist central campus includes the flagship hospital and the Houston Methodist Research Institute, located in the heart of the Texas Medical Center, the largest medical center in the world. The Research Institute RNAcore began as a core group for the Progenitor Cell Biology Consortium of the National Heart, Lung, and Blood Institute, and is now also supported by the Cancer Prevention Research Institute of Texas, to further the development of cutting-edge RNA technologies. For more information, visit HMRI RNAcore.
VGXI, Inc. has over 15 years of experience and is a leading provider of manufacturing and development services for DNA vaccines and gene therapies. The company has a reputation of success in manufacturing DNA products under cGMP conditions for clinical trials in the US, EU, Asia, Canada, and Australia, and its cGMP and non-GMP products have passed rigorous reviews by several international regulatory agencies. VGXI’s ability to work with unique requirements and create custom manufacturing solutions is based on its patented manufacturing process, flexible cGMP production facility, and experienced development team. VGXI, Inc. is a wholly-owned subsidiary CMO of GeneOne Life Science, Inc.
ABOUT GENEONE LIFE SCIENCE
GeneOne Life Science Inc. (“GeneOne” KOSPI: 011000) is an international DNA vaccine and product developer and leading contract manufacturer of DNA plasmid-based agents for pre-clinical and clinical trials for global companies and institutions. It researches and develops DNA vaccines and products to prevent and treat incurable diseases in South Korea and internationally. The company is headquartered in Seoul, South Korea. VGXI, Inc., GeneOne’s wholly-owned manufacturing subsidiary located in Texas, is the largest pure-play cGMP DNA plasmid manufacturing facility in the world. For more information, visit GeneOne Life Science.
CAUTIONARY FACTORS THAT MAY AFFECT FUTURE RESULTS
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