LIGOCYTE RECEIVES $4.6M NIH BIODEFENSE CHALLENGE GRANT FOR INTRANASAL ANTHRAX VACCINE

LigoCyte Pharmaceuticals announced today that they have been awarded a $4.6M challenge grant from the National Institutes of Health (NIH) for the preclinical advancement of their unique, intranasal vaccine against anthrax. "Securing this level of a competitive NIH award validates our anthrax vaccine approach and allows us to quickly move forward in our preclinical development," said Dr. Charles Richardson, LigoCyte's Senior VP of Research and Development.

PR Newswire (http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/10-03-2005/0004157596&EDATE=)