DX&VX Selected for Korea's First ARPA-H Project in 2024, Focusing on Room Temperature and Extra-Long-Term Vaccine Storage Technology

• Pioneering Korea's ARPA-H Project: Focused on mRNA Vaccine Room-Temperature Storage and Extra-Long-Term Preservation
• Creating a Platform for Prolonged Room-Temperature Storage and Efficient Distribution of mRNA Vaccines

SEOUL, South Korea, Nov. 1, 2024 /PRNewswire/ -- On October 30, a Korean Biotech company, DX&VX(www.dxvx.com; KOSDAQ 180400, Majority shareholder Lim Chong-yoon) announced its selection as a co-research institution for Korea's first ARPA-H project, titled "STOREx: Stockpile Technology to Omit Repeated Entity for Vx." This groundbreaking initiative aims to establish materials and production processes to enable room-temperature, ultra-long-term storage of mRNA vaccines. DX&VX will lead the verification of genomic integrity of the mRNA vaccine technology, a crucial step toward commercialization.

Modeled after the U.S. ARPA-H initiative, the Korean ARPA-H project is managed by the Korea Health Industry Development Institute (KHIDI) and seeks to resolve major healthcare challenges through innovation. This specific project centers on advancing technology for the extra-long-term, room-temperature preservation of mRNA vaccines, thereby enhancing national health security and bolstering rapid pandemic response capabilities.

Led by Professor Seung-Soo Oh from Pohang University of Science and Technology (POSTECH), the project includes a consortium of institutions: DX&VX, Korea University, Gwangju Institute of Science and Technology, Ewha Womans University, and Seoul Asan Medical Center. DX&VX will play a pivotal role in both technology validation and subsequent commercialization of this critical vaccine storage solution.

This project has secured a significant research fund of 8.5 billion KRW over five years, with an allocation breakdown of 1.5 billion KRW for the initial phase, 5 billion KRW for the second phase, and 2 billion KRW for the final phase.

Having previously collaborated with POSTECH on mRNA vaccine advancements, including lipid nanoparticle (LNP) technology, DX&VX will now concentrate on enabling room-temperature storage and extra-long-term preservation for mRNA vaccines. Given that current mRNA vaccines require ultra-cold storage and have limited shelf lives, these advancements are expected to ease distribution challenges, reduce costs, and foster a self-reliant national healthcare system, thus ensuring vaccine sovereignty in the face of future health crises.