Oragenics,
Inc. (NYSE MKT: OGEN) announced today that through its Exclusive
Channel Collaboration (ECC) with Intrexon
Corporation (NYSE: XON), a leader in synthetic biology, it has produced
and analyzed a large number of new potential analogs generated from its
Mutacin 1140 (MU1140) lantibiotic program platform, and advanced several
promising compounds for further evaluation. These compounds will serve
as the basis for selecting a lead drug candidate for clinical
development later this year. The triaged analogs were selected from
hundreds of variants generated using genetic engineering at Intrexon.
Dr. John N. Bonfiglio, Chief Executive Officer of Oragenics, remarked,
"The compounds we have selected for final evaluation align with our goal
of identifying the first lead compound this year. We plan on meeting
with the FDA later this year to discuss the IND enabling activities
necessary to submit an IND application by mid-2015. Intrexon’s synthetic
biology expertise in collaboration with our scientists has enabled
generation of a large library of new potential MU1140 analogs with
chemical and biological properties that differentiate from native
MU1140. We remain very optimistic that these new lantibiotics will
become useful in the fight against certain drug-resistant bacteria.”
About Oragenics, Inc.
Oragenics, Inc. is focused on becoming the world leader in novel
antibiotics against infectious disease and probiotics for oral health
for humans and pets. Oragenics, Inc. has established an exclusive
worldwide channel collaboration for lantibiotics, a novel class of broad
spectrum antibiotics, with Intrexon Corporation Inc., a synthetic
biology company. The collaboration allows Oragenics access to Intrexon's
proprietary technologies for accelerating the development of much needed
new antibiotics that are efficacious against resistant strains of
bacteria. Oragenics also develops, markets, and sells proprietary
probiotics specifically designed to enhance oral health for humans and
pets, under the brand names Evora
and ProBiora
in over 13 countries worldwide.
For more information about Oragenics, visit www.oragenics.com.
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Safe Harbor Statement: Under the Private Securities
Litigation Reform Act of 1995: This release includes forward-looking
statements that reflect the Company’s current views with respect to
future events and financial 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 our ability to
raise additional capital to sustain our operations, our inability to
produce sufficient quantities of MU1140 or an analog for viable
commercialization of lantibiotics and those set forth in our most
recently filed annual report on Form 10-K and quarterly report on Form
10-Q, and other factors detailed from time to time in filings with the
U.S. Securities and Exchange Commission. We expressly disclaim any
responsibility to update forward-looking statements.
Corporate Contact
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John N Bonfiglio PhD President and CEO Oragenics,
Inc. 4902 Eisenhower Blvd, Suite 125 Tampa, FL 33634 Tel:
813-286-7900 jbonfiglio@oragenics.com
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Copyright Business Wire 2014