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Preclinical Study Shows SARS-CoV-2 Spike Protein Licensed by Oragenics from the NIH Produces Neutralizing Antibodies Recently published paper supports the Company's approach to COVID-19 vaccine development TAMPA (

Key Takeaway: Study Shows SARS-CoV-2 Spike Protein Licensed by Oragenics from the NIH Produces Neutralizing Antibodies published paper supports the Company's approach to COVID-19 vaccine development (July 22, 2020) - Oragenics, Inc. (NYSE American: OGEN) ("Oragenics" or the "Company") announ

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Study Shows SARS-CoV-2 Spike Protein Licensed by Oragenics from the NIH Produces Neutralizing Antibodies
published paper supports the Company's approach to COVID-19 vaccine development
(July 22, 2020) - Oragenics, Inc. (NYSE American: OGEN) ("Oragenics" or the "Company") announces
that the National Institutes of Health (the "NIH") created stabilized pre-fusion spike protein (CoV-2 S-2P) licensed
by the Company has generated neutralizing antibodies in mice during immunization against SARS-CoV-2, the virus that causes COVID-19.
NIH's preclinical study shows that this spike protein, adjuvanted with the TLR-4-agonist Sigma Adjuvant System (a TLR-4
agonists that induces T cell activation), generates neutralizing antibody titers in both a pseudovirus neutralization assay and
a plaque reduction neutralization titer (PRNT) assay. In addition, this immunization produced a balanced Th1/Th2 response. The
results are reported in Corbett et al. BioRxiv. 2020 (https://www.biorxiv.org/content/10.1101/2020.06.11.145920v1).
are delighted that our licensed SARS-CoV-2 spike protein has been shown to hold promise in the creation of a COVID-19 vaccine,
and believe this research affirms our development strategy with the Company's lead vaccine candidate, Terra CoV2,"
said Alan Joslyn, Ph.D., President and Chief Executive Officer of Oragenics. Dr. Joslyn continued, "We are particularly
pleased to see a balanced Th1/Th2 response, which is one of the most critical parameters used to assess both safety and efficacy
of this vaccine candidate." TerraCoV2 is currently undergoing development and we anticipate conducting Phase 1 human clinical
studies in early 2021."
March 2020 Noachis Terra Inc., a wholly owned subsidiary of Oragenics, acquired a non-exclusive license from the NIH for this
stabilized prefusion CoV-2 spike protein. The Company recently announced that its spike protein has been successfully inserted
into Chinese Hamster Ovary ("CHO") cells and "mini-pool" production and analytical development are underway.
CHO cells are used to produce a number of FDA approved recombinant proteins. The transfer to full scale manufacture is expected
to commence pending a grant from the Biomedical Advanced Research and Development Authority (BARDA).
Inc. is focused on the creation of the TerraCoV2 vaccine candidate to combat the novel coronavirus pandemic and the further development
of effective treatments for novel antibiotics against infectious disease. Through Noachis Terra, a wholly-owned subsidiary of
Oragenics, the Company is dedicated to the development and commercialization of a vaccine candidate providing specific immunity
from novel coronavirus. The TerraCoV2 immunization leverages coronavirus spike protein research conducted by the National Institute
of Health. In addition, Oragenics also has an exclusive worldwide channel collaboration with ILH Holdings, Inc. (n/k/a Eleszto
Genetika, Inc.), relating to the development of novel lantibiotics.
more information about Oragenics, please visit www.oragenics.com.
the Private Securities Litigation Reform Act of 1995: This release includes forward-looking statements that reflect management's
current views with respect to future events and performance. These forward-looking statements are based on management's
beliefs and assumptions and information currently available. The words "believe," "expect," "anticipate,"
"intend," "estimate," "project" and similar expressions that do not relate solely to historical
matters identify forward-looking statements. Investors should be cautious in relying on forward-looking statements because they
are subject to a variety of risks, uncertainties, and other factors that could cause actual results to differ materially from
those expressed in any such forward-looking statements. These factors include, but are not limited to, the following: the Company's
ability to advance the development of TerraCoV2 under the timelines and in accord with the milestones it projects; the Company's
ability to obtain funding for the development of Noachis Terra's TerraCoV2 vaccine, whether through its own cash on hand,
a grant from BARDA, or another alternative source; the regulatory application process, research and development stages, and future
clinical data and analysis relating to TerraCoV2, including any decisions by regulatory authorities, such as the FDA and investigational
review boards, whether favorable or unfavorable; the Company's ability to obtain, maintain and enforce necessary patent
and other intellectual property protection; the nature of competition and development relating to COVID-19 immunization and therapeutic
treatments; other potential adverse impacts due to the global COVID-19 pandemic, such as delays in regulatory review, interruptions
to manufacturers and supply chains, adverse impacts on healthcare systems and disruption of the global economy; and general economic
and market conditions risks, as well as other uncertainties described in our filings with the U.S. Securities and Exchange Commission.
Oragenics assumes no responsibility to update any forward-looking statements contained in this press release or with respect to
the matters described herein.
Last updated: Jul 22, 2020