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Neovacs signs production partnership with 3P Biopharmaceuticals, a leading GMP producer of biological drugs

November 23, 2016 – Pharmaceutical –

Paris and Boston, November 23, 2016 – Neovacs (Alternext Paris: ALNEV),
a leader in active immunotherapies for the treatment of autoimmune
diseases, today announced a partnership with 3P Biopharmaceuticals, a
leader in the production of biological drugs, for the manufacture of
interferon alpha (IFNα). Todayís collaboration follows the recent
acquisition of the technology for the manufacture of IFNα by Neovacs
from AMEGABIOTECH.

This license agreement will allow Neovacs to
directly transfer AMEGABIOTECH’s technology to the production site of 3P
Biopharmaceuticals, which will ensure the manufacture of the IFNα
cytokine. As the only Spanish manufacturer of biological products in the
healthcare field, 3P Biopharmaceuticals has a successful track record
working with top pharma and biotech companies throughout Europe and the
United States.

Miguel Sieler, CEO of Neovacs, said,‘This
partnership is in line with the recent license agreement signed with
AMEGABIOTECH. The completion of these two steps allows us to secure the
complete production chain for the manufacture of IFNα, one of the
primary raw materials of our most advanced product, IFNα Kinoid. In
addition, the agreement complements the partnership signed earlier this
year with Stellar Biotechnologies, the supplier of the other main
component of our vaccine IFNα Kinoid, Keyhole Limpet Hemocyanin (KLH).
Within the framework of this partnership, Stellar Biotechnologies holds
30% of Neostell, the production subsidiary of Neovacs.’

Elena Erroba, Business Development Director of 3P Biopharmaceuticals, affirmed:‘3P
Biopharmaceuticals is very happy with this collaboration. It will allow
3P Biopharmaceuticals to contribute to a very innovative therapeutic
approach, with our strong competence in the field of manufacturing high
quality protein.’

(IFNα Kinoid: Therapeutic vaccine from
Neovacs technology, which is composed of the targeted cytokine IFNα,
conjugated with a carrier protein, Keyhole Limpet Hemocyanin.)