Juvaris Bio wins $9M grant for flu-vaccine adjuvants

Pleasanton, Calif.-based Juvaris BioTherapeutics, a four-year-old biotech developing vaccines and drugs against infectious disease, won a $9 million, five-year grant from the National Institute for Allergies and Infectious Disease. The money will fund collaborative research with Stanford and UC Davis to study adjuvants, which are substances that boost the body’s natural immune response. Adjuvants are often used to enhance the effectiveness of vaccines or to stretch existing supplies, since an adjuvant can reduce the amount of vaccine required to innoculate an individual.

Profectus Bio wins $200K grant for HIV therapies

Baltimore, Md.-based Profectus BioSciences, a biotech developing new strategies to attack HIV, received a $200,000 small-business innovation grant from the National Institutes of Health to improve the effectiveness of anti-HIV antibodies. Last month, the company received a similar $300,000 grant (PDF link), just a few days after the company raised $3 million in a private placement.