iBio Provides Updates on Its IBIO-CFB03 Fibrosis Drug Candidate and Other Activities for the 2014 Annual Shareholders Meeting

NEWARK, DE--(Marketwired - Dec 10, 2014) - iBio, Inc. (NYSE MKT: IBIO), a leader in biotechnology for developing and manufacturing plant-made pharmaceutical products, will provide shareholders and attendees at its Annual Meeting today with an update on current activities including progress in developing IBIO-CFB03 to address significant unmet medical need for the treatment of idiopathic pulmonary fibrosis (IPF), systemic sclerosis (SSc), and other fibrotic diseases.

In addition to reviewing IBIO-CFB03, senior management will provide the following information to shareholders at the meeting:

1. Opportunities for vaccine and antibody products using the iBioLaunch™ platform. The efficiency and flexibility of iBioLaunch™ technology and the company's issued patent portfolio have attracted increasing commercial and scientific interest in light of serious challenges such as the Ebola virus disease outbreak in West Africa.

In addition, the finding reported by the Centers for Disease Control that approximately half of the H3N2 influenza viruses analyzed during the early weeks of the current flu season are sequence drift variants, against which this year's vaccines are less efficacious, highlights the importance of the much greater speed with which iBiolaunch™ technology can produce large quantities of vaccine, enabling identity of active viral sequences to be largely known instead of guessed prior to initiation of production. Influenza vaccines are currently produced with time-consuming traditional methods that are poorly suited for rapid and practical manufacturing responses to new viral strains.

Management will discuss the previously disclosed and ongoing collaboration with Caliber Therapeutics LLC and Novici Biotech LLC to develop novel antibody products for oncology applications and to improve the expression yield of antibodies for application to disease pathogens such as influenza and Ebola virus.

2. Opportunities for iBio's subsidiary operations and business relationships in Brazil. The iBioLaunch™-based recombinant yellow fever vaccine continues development with collaborators in Brazil. Management will discuss previously announced product candidates under review for potential development for the Brazilian market.

3. Opportunities in Japan. iBio has extended business development activities into Japan in collaboration with Kanematsu Chemicals Corporation, and will discuss the company's general approach to developing opportunities in non-U.S. markets.