BiondVax Receives Approval for Patent in Korea for its Universal Flu Vaccine

The patent approval extends and strengthens BiondVax's intellectual property portfolio internationallyBiondVax Pharmaceuticals Ltd. (NASDAQ: BVXV, TASE: BVXV) which is developing the Universal Flu Vaccine, announced today that its main patent on the Multimeric Multi-Epitope Polypeptide Influenza Vaccines family, was granted in Korea.This is a family of patents for vaccination against influenza in humans, and specifically vaccines that confer long-lasting protection against multiple and differing flu strains. The Korean Intellectual Property Office accepted BiondVax’s claims for M-001 and similar polypeptides. This patent approval strengthens BiondVax's intellectual property in international markets.Patent protection has already been granted in other countries: the US, Europe, Japan, Hong Kong, Australia, China, Russia and Mexico.Ron Babecoff, CEO of BiondVax said “Asia has been the site of the start of many recent bird-flu pandemics, including H5N1 and H7N9. Our new patent approval in Korea provides us with an opportunity to establish a strategic partnership in this market. This will enable us to offer local health authorities and governments our pandemic preparedness plan, with the establishment of national stockpiles against all types of influenza pandemics.”