Mymetics Corp (MYMX)

[TheHungryHippo]

Allergies are the most prevalent and fastest growing chronic conditions in the industrialized world, affecting over 500 million people. The only curative therapy of allergies available today, known as “desensitization”, “allergy shots” or “allergy immunotherapy”, is the process of inducing tolerance to the allergen. It typically requires at least 3 years of treatment and exposes patients to the risk of serious side effects – in particular immediate (< 30 min) anaphylactic reactions – which can be life-threatening. With its technology, Anergis is shaping the future of allergy treatment by developing therapeutic modalities that will only require 2 months of treatment to obtain a long-lasting reduction of seasonal allergy symptoms.