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Oct. 20, 2021, 8:00 a.m. EDT

BioVaxys Files US Patent Application for Pan-Sarbecovirus Vaccine

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These forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates, primarily the assumption that BioVaxys will be successful in developing and testing vaccines, that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies including, primarily but without limitation, the risk that BioVaxys' vaccines will not prove to be effective and/ or will not receive the required regulatory approvals. With regards to BioVaxys' business, there are a number of risks that could affect the development of its biotechnology products, including, without limitation, the need for additional capital to fund clinical trials, its lack of operating history, uncertainty about whether its products will complete the long, complex and expensive clinical trial and regulatory approval process for approval of new drugs necessary for marketing approval, uncertainty about whether its autologous cell vaccine immunotherapy can be developed to produce safe and effective products and, if so, whether its vaccine products will be commercially accepted and profitable, the expenses, delays and uncertainties and complications typically encountered by development stage biopharmaceutical businesses, financial and development obligations under license arrangements in order to protect its rights to its products and technologies, obtaining and protecting new intellectual property rights and avoiding infringement to third parties and their dependence on manufacturing by third parties.

The Company does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.

Media Contacts BioVaxys Technology Corp.

Gina Cestari, Senior VP 6 Degrees Public Relations+1 917 797 7904gcestari@6degreespr.com

View original content to download multimedia: https://www.prnewswire.com/news-releases/biovaxys-files-us-patent-application-for-pan-sarbecovirus-vaccine-301404518.html

SOURCE BioVaxys Technology Corp.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/October2021/20/c9717.html

SOURCE: BioVaxys Technology Corp.

COMTEX_395549225/2197/2021-10-20T08:00:00

Is there a problem with this press release? Contact the source provider Comtex at editorial@comtex.com. You can also contact MarketWatch Customer Service via our Customer Center.

Copyright (C) 2021 CNW Group. All rights reserved.

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