Evaxion Biotech Launches New AI Powered Platform, RAVEN, to Enable Faster Response to Emerging Viral Pandemics
RAVEN combines elements from Evaxion’s proprietary core artificial intelligence (AI) immunotherapy discovery platforms to select the best targets for vaccine development to respond rapidly to emerging viral diseases. By combining structural design tools and prediction algorithms, RAVEN will be able to produce a potent vaccine design that induces both a T-cell and B-cell response. This unique design is then integrated in Evaxion proprietary DNA delivery and manufacturing technology, allowing a potential turn-around from initial target discovery to first human dose in only 13 weeks.
Lars Wegner, CEO of Evaxion, said: “We now all know the potential impact and cost of a disease that seemingly comes out of nowhere and spreads around the world. This funding from Innovation Fund Denmark will enable Evaxion to develop our RAVEN platform so we can respond faster to future pandemics, quickly identifying novel vaccine candidates that can be rapidly advanced into clinical development, based on our unique manufacturing process.”
Evaxion intends to pursue proof-of-concept in mice for the RAVEN platform in COVID-19 (SARS-CoV-2) while showcasing the platform’s adaptability by applying it to SARS (SARS-CoV-1) as well. If the data from the proof-of-concept study is supportive, Evaxion will consider developing a COVID-19 vaccine. The main aim of the RAVEN platform is to prepare Evaxion to respond rapidly to future emerging viral pandemics.
Innovation Fund Denmark is a Danish state agency that invests in entrepreneurs, researchers and businesses that create value for Denmark and new solutions to society’s challenges.
About Evaxion
Evaxion Biotech A/S is a clinical-stage biotech company developing AI-powered immunotherapies. With our proprietary and scalable AI technology, we decode the human immune system to discover and develop novel immunotherapies for cancer, bacterial diseases, and viral infections. Evaxion has a broad pipeline of novel product candidates, including three personalized cancer immunotherapies. It is located in Hørsholm, Denmark, with 70 employees.
For more information
Evaxion | LifeSci Advisors LLC |
Glenn S. Vraniak | Mary-Ann Chang |
Chief Financial Officer | Managing Director |
gvr@evaxion-biotech.com | mchang@lifesciadvisors.com |
+1 (513) 476-2669 | +44 7483 284 853 |
Source: Evaxion Biotech
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Source: Evaxion Biotech