AJ Vaccines kicks off its product portfolio expansion with the development of an innovative and pioneering Meningococcal Vaccine
January 25, 2018 | Press release
Only one year after the formation of AJ Vaccines, the company will play a central role in the development of a new vaccine that will reshape immunization standards, protecting against five serogroups, which cause meningococcal infections and septicemia.
AJ Vaccine Group has entered into a collaboration with Hilleman Laboratories (Hilleman Labs) for the development of a new groundbreaking meningococcal vaccine to protect against five out of the six serogroups that frequently cause invasive meningococcal infection – Meningitis and Septicemia. Current vaccines in the market offer protection against a maximum of four serogroups.
“AJ Vaccines was established with a clear strategy for generating growth and development. As part of the AJ Vaccines Group, we have been able to embark directly on this project where our strong competencies and expertise from existing quality products will contribute significantly in all development phases of an entirely new vaccine providing better coverage against diseases that cause up to 130,000 deaths per year across the globe,” said Klaus Hermansen, CEO of AJ Vaccines.
AJ Vaccines will contribute throughout the process from development to the production and future marketing of the vaccine, which will address a very wide patient base due to its improved geographical coverage.
“We are excited to have the opportunity to play an important role in such a visionary project in collaboration with Hilleman Labs, an equal joint venture between Merck & Co (known as MSD outside US and Canada) and Wellcome Trust. The new MCV-5 vaccine will contribute to the improvement of people’s life and health, which will further develop AJ Vaccines’ product portfolio, creating exciting jobs and increasing company’s revenue and earnings,” said Klaus Hermansen.
“We are very confident that AJ Vaccine Group with the co-development program of MCV-5 takes strides towards being one of the key vaccine players globally. We are further developing additional plans, which will boost our aspirations to be a leader in preventing disease and growing healthy communities around the world,” said Dr. Tabassum Khan, Chairman of AJ Vaccine Group.
“We are honored to collaborate with AJ Vaccine Group, to develop this new affordable Meningococcal conjugate vaccine for the global market. By leveraging the expertise offered by AJ Vaccines and their development capabilities, we are confident that the new vaccine will be the industry’s game-changer. Beyond the vaccine’s introduction, we also hope to increase awareness about the prevalence of the disease amongst healthcare practitioners, public health experts and communities worldwide.”, said Dr Davinder Gill, the CEO of Hilleman Laboratories.
For further information, please contact: