Enochian Biosciences Expands its Infectious Disease Pipeline by Entering into an Agreement in Principle to Acquire an Exclusive License for a Novel Hepatitis B Virus Treatment

  • Agreement provides Enochian with exclusive rights to develop and commercialize a HBV treatment with a novel mechanism of action

  • Abstract accepted highlighting the in vivo and in vitro data from preclinical studies conducted with HBV treatment will be presented at HepDART on December 10th

Building on a Broad and Deep Pipeline

Based on the determinations from independent valuation specialists as contained in our audited financial statements for our fiscal year ended June 30, 2019, our intangible assets related primarily to our HIV pipeline are approximately $154.8 million. The addition of a treatment that we believe could have the potential to cure HBV expands an already exciting pipeline for Enochian.

HIV

HV-01: a New Approach Toward a Potential Cure for HIV

HV-11 and HV-12: A Potential Preventive and Therapeutic Vaccine for HIV

Novel approaches to stimulate a person's immune response to more effectively respond to HIV could be used to prevent infection (preventive vaccine) or to allow an HIV-infected person to control HIV infection in the absence of any other treatment (therapeutic vaccine).

HIV 31 and 32: Potential new class of HIV treatment

Based on the innovative mechanism of action designed to be developed into a potential cure for HBV, Dr. Gümrükcü's two novel approaches aimed at an alternative path to cure and/or treat HIV are in the discovery phase.

Oncology

Experimental designs have been created to develop our approach, including the procurement of vectors.  We expect that the platform could move beyond the discovery phase in the coming months.

Building the Capital Foundation to Advance the Pipeline

Enochian has recently entered into agreements that upon satisfaction of certain closing conditions and closing will provide an additional $12 million in funding.  Based on current projections, we believe these resources should be sufficient to advance the pipeline through pre-clinical phases into Phase I trials if IND approvals are secured.

The Inventor

Dr. Gümrükcü has licensed intellectual property related to HIV and several solid tumors to Enochian.  Dr. Mark Dybul, MD, said, "Dr. Gümrükcü is one of those rare geniuses that is not bound by scientific discipline or dogma.  He sees connections and opportunities often missed.  His ideas are the purest kind: those that seem so obvious and simple once he has conceived of, and explained them."

About the Company

Forward-Looking Statements

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