Health & Beauty

Protein Sciences and Avanzcare Enter Licensing Agreement for Influenza Vaccines for the MENA Region

Protein Sciences Corp. and Avanzcare reported that they have signed an agreement designating Avanzcare as the exclusive distributor of Protein Sciences' proprietary Flublok (seasonal) and Panblok (pandemic) influenza vaccines and potentially other vaccines to be developed in the future for certain Middle East and North Africa (MENA) markets.

According to a media release, under the terms of the agreement, Avanzcare will pursue registration of Flublok in all licensed countries and will initially purchase Flublok from Protein Sciences for distribution in the region.

The MENA region represents about 6 percent of the total world population. This agreement expands the global footprint of Flublok and other Protein Sciences' vaccines.

Dan Adams, Executive Chairman and Global Head of Business Development for Protein Sciences said, "Representatives from the MENA region have long been interested in Flublok and other Protein Sciences' vaccines because of Flublok's attractive product profile as a high efficacy, high purity flu vaccine. Our platform technology that allows safe and rapid development of vaccines against viral threats in the region has also driven the interest." He added, "Avanzcare's extensive network in the region and experience in securing regulatory approval of pharmaceutical products make it a strong partner that will allow us to reach many countries while streamlining operations." He added, "We acknowledge and are very grateful for the role the U.S. Commercial Service of the U.S Embassy in Qatar played in initiating and assisting in the successful completion of this important partnership."

Sheikh Turki Bin Faisal al Thani, Chairman for Al Sawari Holding, said, "Avanzcare is determined to make a difference on patient's daily life by ensuring access to innovative products and services that will contribute to a healthier life. Protein Science's innovative vaccines will generate significant value to our region's healthcare and above all protect our people."

Dana Shell Smith, U.S. Ambassador to the State of Qatar said, "We are so pleased to see another U.S. company successfully enter the Qatari market. There are so many promising opportunities here in a variety of sectors such as biotech and healthcare and American companies like Protein Sciences are helping to pave the way towards innovative solutions."

John Youssef, General Manager of Avanzcare said, "We are pleased to associate with Protein Sciences as this partnership represents an important step for our company that is committed to constantly develop the healthcare sector and improve the quality of life in our region. Together we will be able to deliver a highly effective, pure, and safe flu vaccine, a latent need in the MENA region."

More information:

www.flublok.com

www.proteinsciences.com

((Comments on this story may be sent to newsdesk@closeupmedia.com))

THE DAILY VIEW

  • Alexandra Scarborough
    Papyrus Joins Forces with Designer Lela Rose

    Papyrus is looking to bring the “elegance and style” of fashion to its greeting cards via a new designer collaboration series.

    According to a release, the collaboration marks the first time a fashion design house and greeting card brand have joined forces to develop a custom greeting card collection.

    Papyrus said it is partnering with American fashion designer Lela Rose to introduce the series. Rose will feature her "sophisticated yet modern style" in the debut card and gift collection, slated to launch during New York Fashion Week. The collection will be available in New York City Papyrus stores and select retailers in September, with availability expanding to all Papyrus locations and retailers in October.

    "The fashion designer collaboration series is a celebration of the commitment Papyrus has to the arts, including a focus on the fashion industry, quality craftsmanship and trend-forward design," said Christy Kaprosy, President of Papyrus-Recycled Greetings. "We are delighted to have Lela Rose's elegant line lead the first Papyrus fashion designer collaboration program, and we are excited to bring more fashion designers to our loyal customers in the future."

    The company noted the collection, which draws inspiration from some of Rose's recent runway designs, consists of 16 cards and five gift accessories, including gift bags, gift tissue, roll wrap and a gift tag set. It also will be available online at papyrusonline.com

    "I'm thrilled to be the first designer to collaborate with Papyrus on their exclusive new fashion series," said Lela Rose. "This is a unique way to showcase our designs, silhouettes and prints, and extend the brand into a new category."

 

QUICK 5

Ebola Philanthropy

Ebola Philanthropy

  1. Big Gift: Bill Gates, founder and co-chair of the Bill & Melinda Gates Foundation, has committed $50 million to fight the epidemic.
  2. Early Donation: In August, Paul G. Allen Family Foundation donated $2.8 million toward the outbreak in West Africa.
  3. Latest Pledge: Facebook founder Mark Zuckerberg and his wife Priscilla Chan this month pledged $25 million to the CDC.
  4. Corporate Funds: World Bank Group in August pledged up to US $200 million in emergency funding to help Guinea, Liberia, and Sierra Leone contain the spread of infections.
  5. Crowdfunding: Scripps Research Institute's Erica Ollman Saphire seeks to raise $100K for equipment to speed her work, partially funding by U.S. government.