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YS Biopharma's PIKA Recombinant COVID-19 Vaccine Demonstrates Superior Antibody Neutralization Responses Compared to Inactivated COVID-19 Vaccine in Phase II Head-to-Head Clinical Study - The trial met its primary endpoi

Key Takeaway: YS Biopharma's PIKA Recombinant COVID-19 Vaccine Demonstrates Superior Antibody Neutralization Responses Compared to Inactivated COVID-19 Vaccine in Phase II Head-to-Head Clinical Study Gaithersburg, Maryland, March 27, 2023 /PRNewswire/ -- YS Biopharma (Nasdaq: YS), a global

Full Press Release Details

YS Biopharma's PIKA Recombinant COVID-19 Vaccine Demonstrates
Superior Antibody Neutralization Responses Compared to Inactivated COVID-19 Vaccine in Phase II Head-to-Head Clinical Study
Gaithersburg, Maryland, March 27, 2023 /PRNewswire/ -- YS Biopharma
(Nasdaq: YS), a global biopharmaceutical company dedicated to discovering, developing, manufacturing and commercializing new generations
of vaccines and therapeutic biologics for infectious diseases and cancer, announced its positive interim Phase 2 safety and immunogenicity
data for its PIKA recombinant COVID-19 Vaccine. The interim data was from Phase II part of the Phase II/III head-to-head clinical study
to evaluate PIKA recombinant COVID-19 vaccine vs. inactivated COVID-19 vaccine. The interim data analysis of Phase II study presented
that the trial met both primary and secondary endpoints, measured by geometric mean titers (GMTs) of neutralizing antibody against Omicron
virus and by seroconversion rates on Day 7 and Day 14 post a booster dose administration.
recombinant COVID-19 vaccine is an innovative prophylactic and therapeutics vaccine candidate against multiple SARS-CoV-2 variants. PIKA
recombinant COVID-19 vaccine is composed of YS Group's proprietary PIKA adjuvant and recombinant trimeric SARS-CoV-2 spike (S) protein
subunit antigen (CHO cells).
on-going Phase II/III study was designed as a multiple country, multi-center trial and conducted in the Philippines and United Arab Emirates,
which finished the enrollment of 300 and 5656 subjects for the Phase II and III trials, respectively. It is a randomized, double-blinded
study to evaluate the efficacy, safety and immunogenicity of a booster dose of PIKA recombinant protein COVID-19 vaccine (CHO cell, S
protein) in adults 18 years old who had received two or more doses of inactivated COVID-19 vaccine as primary series. The aforementioned
interim data analysis were from the first 300 enrolled subjects, with 150 subjects in each group.
"In this head-to-head study, we are very pleased to observe
the multiple folds higher immune responses demonstrated by PIKA COVID-19 vaccine against Omicron virus as measured by GMT levels of neutralizing
antibody in subjects boosted with PIKA recombinant COVID-19 vaccine as compared to inactivated COVID-19 vaccine based on interim data
analysis," said by Dr Zenaida Mojares, the Chief Medical Officer of YS Biopharma. "These results provide more evidence in
supporting the high potential of PIKA recombinant COVID-19 vaccine as an effective booster vaccine to address the continuous burden of
COVID-19 in many countries and regions where inactivated Covid-19 vaccines were widely administered. We will communicate and publish
the Phase II/III final results in peer-reviewed journals in due course."
A booster dose of PIKA recombinant COVID-19 vaccine in participants
who had previously received two or more doses of the inactivated COVID-19 vaccine elicited superior neutralizing immune responses against
Omicron virus as compared to the responses in participants receiving a booster dose of the inactivated COVID-19 vaccine. The differences
of multiple folds of GMTs were observed with 95%CI of neutralizing antibody against Omicron virus. A statistical difference of the GMTs
of neutralizing antibody against Omicron virus was observed on Day 7 and Day 14 post-vaccination between PIKA COVID-19 vaccine and inactivated
COVID-19 vaccine. The interim data results indicated that PIKA COVID-19 vaccine generated a significantly higher GMTs of neutralizing
antibody against Omicron virus on both Day 7 and Day 14 after the booster dose compared with inactivated COVID-19 vaccine. In addition,
similar immunogenicity superiority and statistical significance were also achieved by the measurements of GMTs of neutralizing antibody
against wild type SARS-CoV-2 virus on both Day 7 and D14 after the booster dose compared with inactivated COVID-19 vaccine. These results
further confirmed PIKA adjuvant's capability of accelerating human immune responses, a similar trend observed in other clinical
studies of PIKA adjuvanted rabies vaccine and HBV vaccine.
YS Biopharma is a global biopharmaceutical company dedicated to discovering,
developing, manufacturing and commercializing new generations of vaccines and therapeutic biologics for infectious diseases and cancer.
It has developed a proprietary PIKA immunomodulating technology platform and a series of preventive and therapeutic biologics targeting
Rabies, Coronavirus, Hepatitis B, Influenza and Shingles. YS Biopharma operates in China, the United States, Singapore, the United Arab
Emirates, and the Philippines with over 800 employees and is led by a management team that combines rich local expertise and global vision
in the vaccine and pharmaceutical industry.
Cautionary Statement Regarding Forward-Looking Statements
This press release includes "forward-looking statements"
within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking
statements may be identified by the use of words such as "estimate," "plan," "project," "forecast,"
"intend," "will," "expect," "anticipate," "believe," "seek," "target"
or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These
forward-looking statements also include, but are not limited to, statements regarding the expected growth of YS Biopharma, YS Biopharma's
ability to source and retain talent, and the cash position of YS Biopharma following closing of the Business Combination. These statements
are based on various assumptions, whether or not identified in this press release, and on the current expectations of YS Biopharma's management
and are not predictions of actual performance.
These statements involve risks, uncertainties and other factors that
may cause actual results, levels of activity, performance or achievements to be materially different from those expressed or implied by
these forward-looking statements. Although YS Biopharma believes that it has a reasonable basis for each forward-looking statement contained
in this press release, YS Biopharma caution you that these statements are based on a combination of facts and factors currently known
and projections of the future, which are inherently uncertain. In addition, there are risks and uncertainties described in the final prospectus
relating to the proposed Business Combination, and other documents filed by YS Biopharma from time to time with the SEC. These filings
may identify and address other important risks and uncertainties that could cause actual events and results to differ materially from
those contained in the forward-looking statements.
YS Biopharma cannot assure you that the forward-looking statements
in this press release will prove to be accurate. These forward-looking statements are subject to a number of risks and uncertainties,
including, among others, the ability to recognize the anticipated benefits of the Business Combination, costs related to the transaction,
the impact of the global COVID-19 pandemic, the risk that the transaction disrupts current plans and operations as a result of the consummation
of the transaction, the outcome of any potential litigation, government or regulatory proceedings, the sales performance of the marketed
vaccine product and the clinical trial development results of the product candidates of YS Biopharma, and other risks and uncertainties,
including those included under the heading "Risk Factors" in the final prospectus filed with the SEC on February 8, 2023, as
supplemented on February 21, 2023, and other filings with the SEC. There may be potential risks that the final clinical results may deviate
from the interim analysis as reported. There may be additional risks that YS Biopharma does not presently know or that YS Biopharma currently
believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In light
of the significant uncertainties in these forward-looking statements, nothing in this press release should be regarded as a representation
by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking
statements will be achieved. The forward-looking statements in this press release represent the views of YS Biopharma as of the date
of this press release. Subsequent events and developments may cause those views to change. However, while YS Biopharma may update these
forward-looking statements in the future, there is no current intention to do so, except to the extent required by applicable law. You
should, therefore, not rely on these forward-looking statements as representing the views of YS Biopharma as of any date subsequent to
the date of this press release. Except as may be required by law, YS Biopharma does not undertake any duty to update these forward-looking
Last updated: Mar 27, 2023