Cancervax Announces Research Program to Develop Its Second Immunotherapy Cancer Treatment

The Company has entered into a Sponsored Research Agreement with UCLA to develop a new cancer immunotherapy universal cancer treatment SANTA BARBARA, CA – August 31, 2022 – Cancervax, Inc., a pre-clinical biotechnology company creating a better way to treat cancer, a developer of immunotherapy cancer treatments that use the body’s immune system to treat cancer, today announced that it has entered into a second sponsored research agreement with the University of California Los Angeles (“UCLA”) to research and develop a universal vaccine to target multiple cancers. We will be developing a cancer vaccine platform to detect, mark and kill cancer cells by forcing cancer cells to express unique markers that healthy cells don’t have. Through this vaccine, we will teach the body’s immune system to identify, target and eliminate cancer cells with high precision. The vaccine will force cancer cells to express markers associated with well immunized diseases, such as COVID, allowing our treatments to make cancer cells look like diseases that the body already knows. This 24-month research program with UCLA commenced in August 2022, under the direction of Principal Investigator, Dr. Steven Jonas, Dr. Christopher Seet, Dr. Chris Denny, Dr. Satiro De Oliveira and Dr. Noah Federman from the UCLA Medical Center. Cancervax has also executed an Option Agreement granting it exclusive rights to license all technologies and associated IP developed through cancer vaccine sponsored research agreement. “We are excited to work with the team at UCLA and share the mutual goal of developing an immunotherapy-based universal cancer treatment,” said Ryan Davies, CEO of Cancervax. “All of us are effected by cancer and it is our hope that this breakthrough vaccine can help the body’s own immune system detect, mark and kill many different types of cancer.” Mr. Davies concluded, “Our mission is to develop innovative and effective immunotherapy cancer treatments through our collaborations with leading medical researchers and clinicians.” About CancerVax CancerVax is a pre-clinical biotech company developing a novel Universal Cancer Treatment platform that will be customizable, as an injection, to treat many types of cancer. Our innovative approach DETECTS, MARKS, and KILLS only cancer cells. By making cancer cells look like well-immunized common diseases, such as measles or chickenpox, we intend to use the body’s natural immune system to easily kill the cancer cells. We look forward to the day when treating cancer will be as simple as getting a shot — a better way to fight cancer. To learn more, please visit www.CancerVax.com Forward-Looking Statements This press release may contain “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Any forward-looking statement made by us in this release is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise. Press Contact: Cancervax, Inc. Tel: (805) 356-1810 [email protected]

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