BiondVax Pharmaceuticals (TASE:BNDK) is developing a revolutionary vaccination that will provide universal multi-season/multi-strain protection against most human influenza virus strains, as well as the Avian flu. The Flu vaccine industry, estimated currently at $2 Billion, is expected to grow to a $4 Billion market by 2012. Between 250 and 300 million doses are currently administered annually worldwide.

Since its inception in 2003, the company has raised $8.5 million to date. This includes $4.5 million from private investors, $1 million from the Israeli Office of the Chief Scientist (OCS), a government scientific investment authority, and most recentlyan additional $3 million from its IPO on the Tel Aviv Stock Exchange, completed in June 2007. The IPO included an issue of 3.53 million stocks and 350,000 stock options with a striking price of 3.47 NIS ($ 0.838 USD).

Stock Information:
Stock Symbol: TASE: BNDK

Corporate Profile
http://www.tase.co.il/

Stock Chart
http://www.tase.co.il/companyGraph.htm

Stock historical prices
http://www.tase.co.il/companyHistoryData.htm

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