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Inovio Biomedical and Its Collaborators Present Research and Clinical Data at AIDS Vaccine 2009 Conference

October 20, 2009

SAN DIEGO--()--Inovio Biomedical Corporation (NYSE Amex: INO), a leader in DNA vaccine design, development and delivery, announced that Dr. David B. Weiner, Chairman of Inovio’s Scientific Advisory Board, highlighted advances in electroporation-delivered SynCon™ DNA vaccines compared to other leading vaccine technologies at the AIDS Vaccine 2009 Conference being held this week in Paris, France.

Dr. Weiner, a professor at the University of Pennsylvania, presented pre-clinical data showing significantly higher levels of immune responses induced by Inovio’s DNA vaccines compared to those induced by the recombinant adenovirus serotype 5 (Ad5) vector. This study was led by Professor David B. Weiner’s team at the University of Pennsylvania and included collaborators from Inovio and Merck. Inovio and its collaborators previously reported that PENNVAX™ DNA vaccines delivered using electroporation induced dramatic increases in T-cell and antibody-based immune responses as well as improved control of viral replication following a simian immunodeficiency virus (SIV) challenge. The SIV model in non-human primates is considered to be the most relevant model for studying HIV infection in humans. Historically, recombinant Ad5 vector has been shown to be one of the most potent viral vectors for vaccines. This collaborative study was the first to directly compare a DNA plasmid-electroporation platform with a recombinant Ad5 vector in an SIV model in non-human primates. The study results showed consistent five to 10-fold enhancements of T-cell based immune responses following DNA plasmid-electroporation vaccination compared to the Ad5 vaccination.

Dr. Weiner also discussed in his presentation Inovio’s novel SynCon™ technology, which enables the company to design DNA-based vaccines with the potential to protect against newly emergent, unknown strains of pathogens such as HIV and influenza. Inovio’s SynCon™ PENNVAX™-B HIV vaccine, which targets clade B HIV strains that exist primarily in developed countries, has entered human clinical trials with the HIV Vaccines Trial Network under the HVTN-080 protocol. This vaccine was developed with significant funding from, and in close collaboration with, the NIH/NIAID/DAIDS.

Moreover, Dr. Weiner further presented recently announced clinical immunology data from the low dose cohort of Inovio’s therapeutic DNA vaccine against cervical cancer. He noted that the induction of strong cellular and antibody responses provided the first significant and robust demonstration of the potential of Inovio’s DNA vaccine approach and shared his belief that this may bode well not only for the cervical cancer and HIV vaccine trials now underway, but also for other product candidates being developed using its DNA vaccine development platform.

Dr. J. Joseph Kim, president & CEO of Inovio, said: “We believe the comparative performance of our electroporation-based DNA vaccine products relative to other vaccination methods is proving to be exceptional. Based on the significant immune responses achieved in the first, low-dose group of our therapeutic cervical cancer clinical study, we look forward to the results of the second and third dose groups of this study and results from the PENNVAX™-B preventive HIV vaccine study. The development of these vaccines could transform the lives of hundreds of millions of people around the world. These are complex scientific challenges and we are pleased that results to-date are showing the potential of these programs.”

Organized in Paris in 2000, the AIDS Vaccine Conference has become one of the most important annual events for the exchange of scientific information relating to HIV vaccine research and development.

About Inovio Biomedical Corporation

Inovio Biomedical is focused on the design, development, and delivery of a new generation of vaccines, called DNA vaccines, to prevent and treat cancers and infectious diseases. The company’s SynCon™ technology enables the design of DNA-based vaccines capable of protecting against both known and new, unknown strains of pathogens such as influenza. Inovio’s proprietary electroporation-based DNA vaccine delivery technology has been shown by initial human data to safely and significantly increase gene expression and immune responses. Inovio’s clinical programs include HPV/cervical cancer (therapeutic) and HIV vaccines. An IND has been filed for an avian influenza vaccine. Inovio is developing its universal and avian influenza vaccines in collaboration with scientists from the University of Pennsylvania, the National Microbiology Laboratory of the Public Health Agency of Canada, and the NIH’s Vaccine Research Center. Other partners and collaborators include Merck, Tripep, University of Southampton, National Cancer Institute, and HIV Vaccines Trial Network. More information is available at www.inovio.com.

This press release contains certain forward-looking statements relating to, among other things, our plans to develop electroporation-based drug and gene delivery technologies and DNA vaccines. Actual events or results may differ from the expectations set forth herein as a result of a number of factors, including uncertainties inherent in clinical trials and product development programs, including but not limited to the fact that pre-clinical and clinical results referenced in this release may not be indicative of results achievable in other trials or for other indications, that results from one study may not necessarily be reflected or supported by the results of other similar studies, that results from an animal study may not be indicative of results achievable in human studies, that clinical testing is expensive and can take many years to complete, that the outcome of any clinical trial is uncertain and failure can occur at any time during the clinical trial process, and that our electroporation technology and DNA vaccines may fail to show the desired safety and efficacy traits in clinical trials; the availability of funding; the ability to manufacture vaccine candidates; the availability or potential availability of alternative therapies or treatments for the conditions targeted by us or our collaborators, including alternatives that may be more efficacious or cost-effective than any therapy or treatment that we and our collaborators hope to develop; whether our proprietary rights are enforceable or defensible or infringe or allegedly infringe on rights of others or can withstand claims of invalidity; the impact of government healthcare proposals and other factors set forth in our Annual Report on Form 10-K for the year ended December 31, 2008, our Form 10-Q for the quarterly period ended June 30, 2009, and other regulatory filings from time to time. There can be no assurance that any product in Inovio’s pipeline will be successfully developed or manufactured, that final results of clinical studies will be supportive of regulatory approvals required to market licensed products, or that any of the forward-looking information provided herein will be proven accurate.

Contacts

Investors:
Inovio Biomedical
Bernie Hertel, 858-410-3101
or
Media:
Richardson & Associates
Jeff Richardson, 805-491-8313

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