Biotech Stocks to Watch for Monday; (OTCBB: UVFT), (AMEX: PIP), (NASDAQ:VVUS), (NASDAQ: AMGN)

Biotech Stocks to Watch for Monday; (OTCBB: UVFT), (AMEX: PIP), (NASDAQ:VVUS), (NASDAQ: AMGN)



Point Roberts, WA –October 17, 2010 (Investorideas.com Newswire, www.biotechindustrystocks.com) - InvestorIdeas.com, a leader in sector research for investors, reports on recent Biotech/ Pharma Stocks news and trading. Biotech Stocks to follow for Monday morning include UV Flu Technologies, Inc., (OTCBB: UVFT), PharmAthene, Inc. (AMEX: PIP), VIVUS Inc (NASDAQ:VVUS), and Amgen Inc., (NASDAQ: AMGN).



Biotech Sector Snapshot: (Trading at Market close Friday October 15)

UV Flu Technologies, Inc., (OTCBB: UVFT) trading at $ 0.27

PharmAthene, Inc. (AMEX: PIP), trading at $ 3.19, up 1.21 (61.11%) on Volume of 22,685 ,355 shares

VIVUS Inc (NASDAQ:VVUS), trading at $6.53, (0.76 %)

Amgen Inc., (NASDAQ: AMGN) trading at $ 56.71, up 1.85 (3.37%)



Biotech Stocks to Watch; Recent News

UV Flu Technologies, Inc., (OTCBB: UVFT) Key Highlights and Recent Press



UV Flu Technologies, Inc., (OTCBB: UVFT) is an innovative developer, manufacturer and distributor of bio technology products initially targeting the rapidly growing Indoor Air Quality ("IAQ") industry sector. The Company manufactures the VIRATECH UV-400, which utilizes high-intensity germicidal ultraviolet radiation (UV-C) inside a killing chamber that goes beyond filtration to destroy harmful airborne bacteria at rates exceeding 99.2% on a first-pass basis. UV Flu is committed to providing clean air to improve health and prevent the spread of disease.



UV Flu Technologies Inc., already has FDA Approval as a Class II Medical Device making the company ahead of its competitors and a Biotech Stock to watch



Latest News:

UV Flu Technologies Announces Development of Residential Market Bacteria Killing Indoor Air Purifier to Be Based on Laboratory Proven Design

“UV Flu Technologies, Inc. is pleased to announce that in response to interest from the marketplace, the company intends to rapidly roll out the development of a residential sector air purifier offering features specifically designed for the residential marketplace. The new unit will be designated UV-200 and will be designed with the needs of the health-conscious homeowner in mind.



"Our current UV-400 air purifier sets a very high standard, and is unique in the marketplace, but was primarily conceived for the demands of the commercial marketplace," said Jack Lennon, President of UV Flu Technologies. "Our UV-400 kills airborne bacteria in larger spaces up to 700-900 sq. feet, whereas typical HEPA filter units generally cover a space from 100-200 sq. feet. Our unit keeps on killing contaminants long after the filter units have lost their efficacy as they are not dependent on changing, or washing filters continuously."

Full Article: http://finance.yahoo.com/news/UV-Flu-Technologies-Announces-iw-4156153299.html?x=0&.v=1

Website: http://www.uvflutech.com/



UV Flu Technologies, Inc., Key Highlights



• FDA Approved as a Class II Medical device



• Extensive testing by EPA and FDA certified laboratories

confirm the proprietary system has over 99% effectiveness of eliminating bacteria



• The Company’s strategic differentiators include excellent independent test

results proving the effectiveness and safety of its products, proprietary design,

and FDA market clearance approving the sale of its products as medical

devices.



• The Company has been issued U.S. Patent No. 6939397 with 43 claims covering

its innovative removable cartridge, housing, UV chamber, UV radiation

source and baffle technology.



• UV Flu’s products are environmentally friendly. The energy efficient system

does not use or produce ozone, uses less energy than a 100 watt light bulb

and can qualify for Green Building programs.



• Experts have warned that a new type of drug-resistant superbug is emerging.

NDM-1 is a gene carried by bacteria that makes the strain resistant to some of

the most powerful antibiotics. NDM-1 can easily now jump from one strain of

bacteria to another.



PharmAthene, Inc. (AMEX: PIP)

PharmAthene, Inc. (AMEX: PIP) Recent News: “PharmAthene, Inc., a biodefense company developing medical countermeasures against biological and chemical threats, announced today that based on information provided by PharmAthene in its compliance plan, and discussions with Exchange staff, the NYSE Amex LLC has determined that the Company made a reasonable demonstration of its ability to regain compliance with the NYSE Amex listing requirements and granted PharmAthene an extension until January 26, 2012 to demonstrate its compliance. ”

Full Article: http://finance.yahoo.com/news/PharmAthene-Listing-prnews-3514960700.html?x=0&.v=1



About PharmAthene, Inc. (AMEX: PIP): PharmAthene was formed to meet the critical needs of the United States and its allies by developing and commercializing medical countermeasures against biological and chemical weapons. PharmAthene's lead product development programs include:



SparVax(TM) -- a second generation recombinant protective antigen (rPA) anthrax vaccine

Third generation rPA anthrax vaccine

Valortim(R)-- a fully human monoclonal antibody for the prevention and treatment of anthrax infection

Protexia(R) -- a novel bioscavenger for the prevention and treatment of morbidity and mortality associated with exposure to chemical nerve agents



For more information about PharmAthene, please visit http://www.pharmathene.com/ .



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Investorideas.com - Pharma/Biotech Stocks Volume Movers; OTC Market Leaders on the Move ($1.00-$2.00): (OTCBB: TTNP, ALME, NNVC, ALIF)

Investorideas.com - Pharma/Biotech Stocks Volume Movers; OTC Market Leaders on the Move ($1.00-$2.00): (OTCBB: TTNP, ALME, NNVC, ALIF)


Note to Editors: The Following Is an Investment Opinion Being Issued by OTC VOLUME LEADERS

Category: Investment, Financial

Visit this company: www.otcvolumeleaders.com


Point Roberts, WA (Investorideas.com Newswire) October 14, 2010 - OTC VOLUME LEADERS www.otcvolumeleaders.com, reports on the most active trading stocks on the OTCBB. OTC Volume leaders ($1.00-$2.00) include Titan Pharmaceuticals Inc (OTCBB: TTNP), (OTCBB: NNVC), Alamo Energy Corp (OTCBB: ALME), and Artificial Life, Inc. (OTCBB: ALIF).

Sign up at OTC Volume leaders and get access to info on hundreds of the most active OTCBB companies by clicking the sign up link below
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OTC/Market Commentary:

Pharma Stocks:

One of the OTCBB volume leaders; Recent News: "Titan Pharmaceuticals, Inc. today announced that data from its previously completed and announced Phase 3 randomized, placebo-controlled clinical trial of Probuphine were published in the Journal of the American Medical Association (JAMA). The article highlights data from the 163-patient trial, which showed that patients receiving Titan's Probuphine implant had significantly less illicit opioid use, experienced fewer symptoms of withdrawal and craving, stayed in treatment longer and had greater overall improvement when compared to placebo patients over the course of the 24-week study."

Full Article: http://finance.yahoo.com/news/Titan-Pharmaceuticals-prnews-3848273001.html?x=0&.v=1

Market Snapshot: (at time of release)

Dow 11,069.52 -26.56 -0.24%
Nasdaq 2,433.97 -7.26 -0.30%
S&P 500 1,172.26 -5.84 -0.50%
10 Yr Bond(%) 2.4720% +0.4100
Oil 82.62 -0.39 -0.47%
Gold 1,373.80 +4.30 +0.31%

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Investorideas.com - Biotech/Pharma Stock News; BioSante Pharmaceuticals, Inc. (NASDAQ: BPAX) To Present at Cancer Immunotherapy Conference

Investorideas.com - Biotech/Pharma Stock News; BioSante Pharmaceuticals, Inc. (NASDAQ: BPAX) To Present at Cancer Immunotherapy Conference

LINCOLNSHIRE, Ill. - October 14, 2010 (Investorideas.com newswire) BioSante Pharmaceuticals, Inc. (NASDAQ: BPAX) will present at the Cancer Immunotherapy: A Long Awaited Reality conference taking place on October 21, 2010, at the New York Academy of Medicine in New York.

Stephen M. Simes, BioSante's president & chief executive officer, will speak at 11:00 am EDT, and will provide an overview of BioSante's portfolio of cancer vaccines currently in multiple Phase II clinical trials, as well as comment on the receipt of FDA orphan drug designation received for several of the cancer vaccines.

The agenda for the Cancer Immunotherapy: A Long Awaited Reality conference includes keynotes and plenary discussions, roundtable lunch conversations with experts, a focused science and industry track, as well as networking opportunities. The conference will be hosted by MD Becker Partners and BioBusiness.TV. There will be a corresponding live webcast of the conference, which can be accessed by visiting http://www.mdbpartners.com/vaccine. Jill O'Donnell-Tormey, Ph.D., executive director of the Cancer Research Institute (CRI), is scheduled to present a keynote address titled "The Future of Cancer Vaccine Development."

About BioSante Pharmaceuticals, Inc.
BioSante is a specialty pharmaceutical company focused on developing products for female sexual health and oncology. BioSante's lead products include LibiGel® (transdermal testosterone gel) for the treatment of female sexual dysfunction (FSD) which is in Phase III clinical development under a U.S. Food and Drug Administration (FDA) Special Protocol Assessment, and Elestrin™ (estradiol gel) for the treatment of moderate-to-severe vasomotor symptoms associated with menopause, which is marketed in the U.S. by Azur Pharma, BioSante's licensee. BioSante also is developing a portfolio of cancer vaccines (GVAX), three of which have been granted orphan drug designation, and are currently in several Phase II clinical trials. Other products in development are Bio-T-Gel™, a testosterone gel for male hypogonadism, licensed to Teva Pharmaceuticals and an oral contraceptive in Phase II clinical development using BioSante patented technology. The company also is developing its calcium phosphate technology (CaP) for aesthetic medicine (BioLook™), among other uses, as well as seeking opportunities for its 2A/Furin and other technologies. Additional information is available online at: www.biosantepharma.com.

About MD Becker Partners
MD Becker Partners is a boutique management and strategy consulting firm focusing on both public and private companies in the life sciences industry. In early April 2010, MD Becker Partners published a 150-page industry report titled "Cancer Vaccine Therapies: Failures and Future Opportunities," which included an overview of the cancer immunotherapy market, interviews with several key opinion leaders, profiles of nearly 40 companies, and a discussion of the scientific, clinical, and commercial considerations for major industry participants. For more information visit http://www.mdbpartners.com.

About BioBusiness.TV
BioBusiness.TV is the first independent Internet TV Network for Life Sciences Investors and Executives. For more information, visit http://www.biobusiness.tv.

Contact:
BioSante Pharmaceuticals
For Media:The Trout Group LLCTricia Swanson(646) 378-2953tswanson@troutgroup.com
or
For Investors:McKinney/ChicagoAlan Zachary(312) 944-6784 ext. 316
azachary@mckinneychicago.com

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Visit this company: www.biosantepharma.com
Disclosure, Disclaimer: BPAX is a paid advertising client on Investorideas.com.

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Investorideas.com - Biotech/Pharma Stock News; BioSante Pharmaceuticals, Inc. (NASDAQ: BPAX) Presents LibiGel® Clinical Study Update at North American Menopause Society Meeting

Investorideas.com - Biotech/Pharma Stock News; BioSante Pharmaceuticals, Inc. (NASDAQ: BPAX) Presents LibiGel® Clinical Study Update at North American Menopause Society Meeting

Adjudicated Cardiovascular Events Continue to Be Lower Than Expected

LINCOLNSHIRE, Ill. - October 12, 2010 (Investorideas.com newswire) BioSante Pharmaceuticals, Inc. (NASDAQ: BPAX) presented a LibiGel clinical study update at the 21st Annual Meeting of The North American Menopause Society (NAMS) on October 8, 2010, with more than 1,000 experts and practitioners in menopause and women's health in attendance.

Michael Snabes, MD, PhD, BioSante's senior vice president of medical affairs, presented an update entitled, "LibiGel® (testosterone gel) Safety Study Continues with a Low Rate of Cardiovascular and Breast Cancer Events." LibiGel is in development for the treatment of female sexual dysfunction (FSD), specifically, hypoactive sexual desire disorder (HSDD) in menopausal women, for which there is currently no FDA approved product. BioSante anticipates the submission of a new drug application (NDA) for LibiGel in 2011.
Dr. Snabes presented data, based on approximately 2,300 women in the safety study for an average of approximately 10.5 months each, showing there have been only 14 adjudicated cardiovascular (CV) events, a rate of approximately 0.65 percent, and only seven diagnoses of breast cancer, a rate of approximately 0.32 percent. "If testosterone increased CV disease, we would expect to see a higher CV event rate, especially since the study subjects are at the higher end of cardiovascular risk for the intended treatment population. Based on the safety seen to date, we believe that LibiGel will be the first product approved by the FDA to treat HSDD in menopausal women, also referred to as FSD," stated Dr. Snabes.

In addition, BioSante sponsored a symposium entitled, "Sexual Quality of Life with Aging." The moderator of the symposium was Steven R. Goldstein, MD, FACOD, CCD, NCMP, Professor of Obstetrics and Gynecology, New York University School of Medicine and the next president of NAMS. Jan L. Shifren, MD, NCMP, Associate Professor of Obstetrics, Gynecology, & Reproductive Biology at Harvard Medical School, and Director of the Menopause Program at Massachusetts General Hospital spoke on the "Prevalence of Sexual Function & Distress Across the Lifespan for Women." Sheryl A. Kingsberg, PhD, Division Chief, Obstetrics & Gynecology, Behavior Medicine at the University Hospitals Case Medical Center, and Professor, Case Western Reserve University in Cleveland, Ohio covered the topic entitled, "Treatment Options for Postmenopausal Women With Sexual Dysfunction."

About BioSante Pharmaceuticals, Inc.
BioSante is a specialty pharmaceutical company focused on developing products for female sexual health and oncology. BioSante's lead products include LibiGel® (transdermal testosterone gel) for the treatment of female sexual dysfunction (FSD) which is in Phase III clinical development under a U.S. Food and Drug Administration (FDA) Special Protocol Assessment, and Elestrin™ (estradiol gel) for the treatment of moderate-to-severe vasomotor symptoms associated with menopause, which is marketed in the U.S. by Azur Pharma, BioSante's licensee. BioSante also is developing a portfolio of cancer vaccines (GVAX), three of which have been granted orphan drug designation, and are currently in several Phase II clinical trials. Other products in development are Bio-T-Gel™, a testosterone gel for male hypogonadism, licensed to Teva Pharmaceuticals and an oral contraceptive in Phase II clinical development using BioSante patented technology. The company also is developing its calcium phosphate technology (CaP) for aesthetic medicine (BioLook™), among other uses, as well as seeking opportunities for its 2A/Furin and other technologies.

Additional information is available online at: www.biosantepharma.com.

Forward-Looking Statements
To the extent any statements made in this news release deal with information that is not historical, these are forward-looking statements under the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements about BioSante's plans, objectives, expectations and intentions with respect to future operations and products, the timing of anticipated regulatory submissions and other statements identified by words such as “will,” “potential,” “could,” “can,” “believe,” “intends,” “continue,” “plans,” “expects,” “anticipates,” “estimates,” “may,” other words of similar meaning or the use of future dates. Forward-looking statements by their nature address matters that are, to different degrees, uncertain. Uncertainties and risks may cause BioSante's actual results to be materially different than those expressed in or implied by BioSante's forward-looking statements. For BioSante, particular uncertainties and risks include, among others, the difficulty of developing pharmaceutical products, obtaining regulatory and other approvals and achieving market acceptance; the marketing success of BioSante's licensees or sublicensees; the success of clinical testing; and BioSante's need for and ability to obtain additional financing. More detailed information on these and additional factors that could affect BioSante's actual results are described in BioSante's filings with the Securities and Exchange Commission, including its most recent annual report on Form 10-K and subsequent quarterly reports on Form 10-Q. All forward-looking statements in this news release speak only as of the date of this news release. BioSante undertakes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

Contact:
BioSante Pharmaceuticals
For Media:The Trout Group LLCTricia Swanson(646) 378-2953tswanson@troutgroup.com
or
For Investors:McKinney/ChicagoAlan Zachary(312) 944-6784 ext. 316azachary@mckinneychicago.com

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Visit this company: www.biosantepharma.com
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Biotech News; UV Flu Technologies (OTC.BB:UVFT) Announces Development of Residential Market Bacteria Killing Indoor Air Purifier to Be Based on Laboratory Proven Design

Biotech News; UV Flu Technologies (OTC.BB:UVFT) Announces Development of Residential Market Bacteria Killing Indoor Air Purifier to Be Based on Laboratory Proven Design

Smaller Home Unit to Deliver Health Benefits Based on Success of Commercial Grade UV-400

Visit this company: http://www.uvflutech.com/

CENTERVILLE, MA – October 5, 2010 (Investorideas.com Newswire) - UV Flu Technologies, Inc. (OTC.BB:UVFT) is pleased to announce that in response to interest from the marketplace, the company intends to rapidly roll out the development of a residential sector air purifier offering features specifically designed for the residential marketplace. The new unit will be designated UV-200 and will be designed with the needs of the health-conscious homeowner in mind.







(OTCBB: AQUM)"Our current UV-400 air purifier sets a very high standard, and is unique in the marketplace, but was primarily conceived for the demands of the commercial marketplace," said Jack Lennon, President of UV Flu Technologies. "Our UV-400 kills airborne bacteria in larger spaces up to 700-900 sq. feet, whereas typical HEPA filter units generally cover a space from 100-200 sq. feet. Our unit keeps on killing contaminants long after the filter units have lost their efficacy as they are not dependent on changing, or washing filters continuously."


Mr. Lennon further notes, "Doctors have provided feedback to us that indicated they were reluctant to recommend air filters to their patients, because if the patients did not faithfully change or wash the filters at prescribed intervals, they could end up getting sicker from the infected air leaving the unit through the dirty filter. Our technology uses Hi Intensity Germicidal UV light, which kills organic contaminants that pass through the unit and isn't dependent on a filter medium that captures, but doesn't kill, bacteria and other contaminants."
"Our residential unit will use the same technology, but will be designed for smaller spaces, and will incorporate new features to make it easier to transport from room-to-room, such as between children's bedrooms. The UV-200 as planned, will offer features designed specifically for allergy relief, as well. We look forward to making these units available as soon as possible and invite interested individuals to contact us today to find out more," said Mr. Lennon.



Further details regarding the Company's business, financial reports and agreements are filed as part of the Company's continuous public disclosure as a reporting issuer under the Securities Exchange Act of 1934 filed with the Securities and Exchange Commission's ("SEC") EDGAR database.

About UV Flu Technologies, Inc. (OTC.BB:UVFT)
UV Flu Technologies is an innovative developer, manufacturer and distributor of bio technology products initially targeting the rapidly growing Indoor Air Quality ("IAQ") industry sector. The Company manufactures the ViraTech UV-400, which utilizes high-intensity germicidal ultraviolet radiation (UV-C) inside a killing chamber that goes beyond filtration to destroy harmful airborne bacteria at rates exceeding 99.2% on a first-pass basis. ViraTech UV-400 is a Class II medical device and is available without a prescription.

Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects and development stage companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.



ON BEHALF OF THE BOARD

UV Flu Technologies, Inc.
John J. Lennon, President & CEO
Contact:Investor Information:
Geaux IR Services, Inc.
Toll-Free: 1-888-355-8838
investors@uvflutech.com



Source: UV Flu Technologies, Inc.
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Biotech/Pharma Stock News; BioSante Pharmaceuticals, Inc. (NASDAQ: BPAX) To Present LibiGel® Clinical Trial Update at North American Menopause Society Meeting

Biotech/Pharma Stock News; BioSante Pharmaceuticals, Inc. (NASDAQ: BPAX) To Present LibiGel® Clinical Trial Update at North American Menopause Society Meeting

BioSante also to sponsor symposium entitled, "Sexual Quality of Life with Aging"
Visit this company: http://www.biosantepharma.com/

LINCOLNSHIRE, Ill. - October 4, 2010 (Investorideas.com newswire) BioSante Pharmaceuticals, Inc. (NASDAQ: BPAX) today announced that it will present a LibiGel clinical trial update at the 21st Annual Meeting of The North American Menopause Society (NAMS) being held from October 6-9, 2010 at the Sheraton Chicago Hotel & Towers in Chicago, Illinois. More than 1,000 experts and practitioners in menopause and women's health are expected to attend the meeting.

(OTCBB: AQUM)Michael Snabes, MD, PhD, BioSante's senior vice president of medical affairs, will deliver an oral presentation entitled, "LibiGel® (testosterone gel) Safety Study Continues with a Low Rate of Cardiovascular and Breast Cancer Events," on October 8, 2010 at 4:15 pm CT. Dr. Snabes will present an update on the largest-ever study comparing low-dose testosterone treatment to placebo treatment. To date, this ongoing study has enrolled more than 2,300 menopausal women who suffer from Hypoactive Sexual Desire Disorder (HSDD).

In addition, BioSante is sponsoring a symposium entitled, "Sexual Quality of Life with Aging." The moderator of the symposium is Jan L. Shifren, MD, NCMP, Associate Professor of Obstetrics, Gynecology, & Reproductive Biology at Harvard Medical School, as well as Director of the Menopause Program at Massachusetts General Hospital. The symposium will feature Raymond C. Rosen, PhD, Professor of Psychology at the Robert Wood Johnson Medical School in New Jersey, speaking on the "Prevalence of Sexual Function & Distress Across the Lifespan for Women." Sheryl A. Kingsberg, PhD, Division Chief, Obstetrics & Gynecology, Behavior Medicine at the University Hospitals Case Medical Center, and Professor, Case Western Reserve University in Cleveland, Ohio will cover the topic entitled, "Treatment Options for Postmenopausal Women With Sexual Dysfunction." These informative presentations will be followed by a panel discussion involving the speakers and the moderator.
About BioSante Pharmaceuticals, Inc.
BioSante is a specialty pharmaceutical company focused on developing products for female sexual health and oncology. BioSante's lead products include LibiGel® (transdermal testosterone gel) for the treatment of female sexual dysfunction (FSD) which is in Phase III clinical development under a U.S. Food and Drug Administration (FDA) Special Protocol Assessment, and Elestrin™ (estradiol gel) for the treatment of moderate-to-severe vasomotor symptoms associated with menopause, which is marketed in the U.S. by Azur Pharma, BioSante's licensee. BioSante also is developing a portfolio of cancer vaccines (GVAX), three of which have been granted orphan drug designation, and are currently in several Phase II clinical trials. Other products in development are Bio-T-Gel™, a testosterone gel for male hypogonadism, licensed to Teva Pharmaceuticals and an oral contraceptive in Phase II clinical development using BioSante patented technology. The company also is developing its calcium phosphate technology (CaP) for aesthetic medicine (BioLook™), among other uses, as well as seeking opportunities for its 2A/Furin and other technologies. Additional information is available online at: http://www.biosantepharma.com/.
Contact:

BioSante Pharmaceuticals
For Media:

The Trout Group LLC

Tricia Swanson

(646) 378-2953

tswanson@troutgroup.com
or
For Investors:

McKinney/Chicago

Alan Zachary

(312) 944-6784 ext. 316

azachary@mckinneychicago.com



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Biotech Stocks; Medicago (TSX: MDG ) holds official groundbreaking ceremony for its U.S. commercial grade vaccine facility.

Biotech Stocks; Medicago (TSX: MDG ) holds official groundbreaking ceremony for its U.S. commercial grade vaccine facility.
- Appoints Vice President of U.S. Operations -

RALEIGH, NC and QUEBEC CITY, Oct. 1 (http://www.investorideas.com/ biotech stocks blog ) - Medicago U.S.A. Inc., a wholly owned subsidiary of Medicago Inc. (TSX: MDG ), a biotechnology company focused on developing highly effective and affordable vaccines based on proprietary manufacturing technologies and Virus-Like Particles (VLPs), today announced that company executives, along with U.S. Senator Kay Hagan (D-NC) and U.S. Congressman David Price (D-NC), are holding an official groundbreaking ceremony this morning for its U.S. plant-based commercial grade vaccine facility in Research Triangle Park, North Carolina. Medicago U.S.A. also announced the appointment of Mike Wanner as Vice President of U.S. Operations.



With today's groundbreaking ceremony, Medicago U.S.A. officially commenced the construction of its cGMP facility in Research Triangle Park (RTP), North Carolina. This VLP plant-based vaccine facility will include a fully automated greenhouse and a state of the art extraction and purification unit. The facility is targeted to produce 10 million doses of pandemic influenza vaccine per month. On an annual basis, the facility would have production capacity of 40 million doses of seasonal Influenza vaccine or 120 million doses of pandemic influenza vaccine.

"Thanks to the efforts and experience of our partners Alexandria Real Estate Equities and BE&K Building Group as well as our employees at Medicago, we are confident that this fast-track project will be delivered on time," said Andy Sheldon, President and CEO of Medicago. "North Carolina and RTP is a great place to build our business due to the excellent workforce, training programs and quality of life."

"We are very pleased to be working with Alexandria Real Estate Equities and with Medicago who is bringing this unique, rapid and cost-effective vaccine technology to North Carolina and to the Research Triangle Park," stated Joseph M. Raimondi, Project Executive of BE&K Building Group.

Mr. Wanner joins Medicago U.S.A. as Vice President of U.S. Operations and will lead the Company's U.S. expansion efforts. He was previously President and CEO of Abeome, a biotechnology company developing therapeutic and diagnostic monoclonal antibodies. Mr. Wanner served for over 11 years as CFO for Merial and Rhone Merieux, Inc. (RMI), one of the world's leading animal health companies, where he was involved in the construction and management of a large scale vaccine production facility in the U.S.

"Mike is a key addition to our senior management team. He brings tremendous experience in the vaccine industry and his hands on knowledge in the construction and management of a large-scale U.S. vaccine production facility will have immediate benefits in our U.S expansion efforts," stated Mr. Sheldon. "This expansion is a key part of our development plan for both our pandemic and seasonal influenza products as we will now have a U.S. commercial facility ready to participate in the $7B pandemic and seasonal influenza markets. Moreover, our U.S. facility will strengthen our relationships with key stakeholders in the U.S. and will provide us with enhanced access to the various grant programs for additional funding awards."

Members of the media are invited to attend the official ground breaking ceremony
When: Friday, October 1st at 10:00am Where: 7 Triangle Drive, Research Triangle Park, NC 27709

About Medicago
Medicago is committed to providing highly effective and affordable vaccines based on proprietary Virus-Like Particle (VLP) and manufacturing technologies. Medicago is developing VLP vaccines to protect against pandemic and seasonal influenza using a transient expression system which produces recombinant vaccine antigens in non-transgenic plants. Their lead vaccine candidate, H5N1, has successfully completed a PI clinical trial and will be entering a PII clinical trial in 2010. Medicago's technology has potential to offer advantages of speed and cost over competitive technologies. It could deliver a vaccine for testing in about a month after the identification and reception of genetic sequences from a pandemic strain. This production time frame has the potential to allow vaccination of the population before the first wave of a pandemic strikes and to supply large volumes of vaccine antigens to the world market. Additional information about Medicago is available at http://www.medicago.com/.
Forward Looking Statements
This news release includes certain forward-looking statements that are based upon current expectations, which involve risks and uncertainties associated with Medicago's business and the environment in which the business operates. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking, including those identified by the expressions "anticipate", "believe", "plan", "estimate", "expect", "intend", and similar expressions to the extent they relate to Medicago or its management. The forward-looking statements are not historical facts, but reflect Medicago's current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations, including the matters discussed under "Risks Factors and Uncertainties" in Medicago's Annual Information Form filed on March 24, 2010 with the regulatory authorities. Medicago assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements.
For further information
Medicago, Inc., Andy Sheldon, President and CEO, (418) 658-9393

Medicago Inc., Christina Cameron, Investor Relations Manager, (418) 658-9393 x156

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