Vaccinex, Inc. is a biotechnology company engaged in the discovery
and development of human monoclonal antibodies to treat a variety of
serious diseases. The company's patented ACTIVMAb® technology allows
for the direct selection of high affinity, fully human monoclonal antibodies
that would be difficult or impossible to identify using other systems.
Unique to this technology is the capability to recover fully functional
human antibodies from libraries expressed in mammalian cells.
Vaccinex is utilizing its ACTIVMAb® discovery technology to create
a pipeline of promising therapeutic antibodies for in-house development
and co-development with world-class partners, as well as for client
companies needing fee-based antibody discovery and research services.
This strategy allows Vaccinex to generate near-term collaboration and
service revenues to offset operating costs while building long-term
value through the development of a broad portfolio of therapeutic antibody
products. The companys current antibody drug development efforts
are focused on cancer, autoimmune and inflammatory diseases.
Vaccinex was founded in 1997 based on technology invented at the University
of Rochester. The company has filed over 70 patent applications in the
U.S. and abroad, four of which have issued. Vaccinex has raised more
than $40 million in funding from venture and strategic investors. In
addition, Vaccinex has been awarded $10 million in research grants,
including two separate Advanced Technology Program (ATP)
awards from the National Institute of Standards and Technology. The
company is headquartered in Rochester, NY and currently employs approximately
50 research and drug development scientists and staff.