Inovio 
                Pharmaceuticals' Partner ChronTech Initiates Phase II Clinical 
                Trial of Hepatitis C Virus DNA Vaccine Using Inovio's Electroporation 
                Delivery Technology
              
                In Phase I trial 83% of patients showed undetectable hepatitis 
                C virus levels
              Blue 
                Bell, Pa. -- March 14, 2011 -- Inovio Pharmaceuticals, Inc. (NYSE 
                Amex: INO), a leader in the development of therapeutic and preventive 
                vaccines against cancers and infectious diseases, announced today 
                that its partner, ChronTech Pharma AB (formerly Tripep AB), has 
                initiated a Phase IIb clinical study of its ChronVac-C DNA vaccine 
                for hepatitis C virus (HCV), delivered by Inovio's proprietary 
                electroporation DNA vaccine delivery technology, in combination 
                with standard of care.
              
                In a Phase I clinical trial of ChronVac-C using Inovio's MedPulser 
                electroporation device the therapy resulted in a robust increase 
                in T-cell immune responses against HCV and was safe and well-tolerated. 
                Post-study observation of subjects who completed the protocol 
                and then entered into standard of care (SOC) treatment using interferon 
                and ribavirin showed a complete and rapid viral response (four 
                weeks) in 70% of those participants (5 of 7 patients). More significantly, 
                83% of the participants (5 of 6 patients) who were monitored for 
                an extended period of time, continued to be free of the virus 
                six months after they completed SOC. SOC treatment alone usually 
                results in about 40-50% of patients reaching undetectable virus 
                levels after six months of treatment.
              
                This Phase II follow-on trial is an open-label, single-dose, randomized 
                trial of 32 patients to further explore the effect of the ChronVac-C 
                DNA vaccine administered by Inovio's MedPulser electroporation 
                delivery device. The therapy will be given two times, with four 
                weeks in between, followed by SOC treatment after the final vaccine 
                dose in treatment-naive chronic HCV infected genotype-1 subjects. 
                This trial will assess the level of immune responses, levels of 
                HCV viral load, and further assess the response to the delivery 
                technology. Twenty patients will receive ChronVac-C vaccine delivered 
                with Inovio's electroporation device; the 12-patient comparison 
                group will receive standard-of-care treatment alone. The study 
                has received approval from the Swedish Medical Products Agency 
                and local ethical committee.
                
                
              "If 
                we can repeat the Phase I results in this phase IIb study there 
                is certainly a possibility that vaccination with ChronVac-C before 
                drug therapy could become a part of the standard of care therapy 
                for patients with chronic hepatitis C-virus infection. In particular, 
                we hope that vaccination with this novel therapy will result in 
                a considerable shortening of the duration of interferon and ribavirin 
                treatment," said Anders Vahlne, CEO of ChronTech Pharma AB.
              
                Dr. J. Joseph Kim, Inovio's president and CEO, said: "We 
                are encouraged by the phase I results showing the improved cure 
                rate in patients who received the HCV vaccine followed by a SOC 
                drug therapy. Any improvement to the HCV standard of care response 
                rates would be well-received by HCV patients and practitioners. 
                We are pleased to collaborate in this advancement of ChronVac-C, 
                using Inovio's innovative delivery technology, into Phase II."
              
                About Inovio's Electroporation-Based Delivery Technology
              
                Inovio's electroporation-based DNA delivery systems can increase 
                the cellular uptake of an agent by 1,000 times or more. When used 
                to deliver DNA vaccines, Inovio's systems can increase levels 
                of gene expression (i.e. production of the coded protein) and 
                immune responses by 100 times or more compared to plasmid DNA 
                delivered without other delivery enhancements. Inovio has recently 
                reported best-in-class immune responses with DNA vaccines for 
                cervical dysplasias/cancers and HIV. Inovio has also shown the 
                safety and tolerability of its electroporation devices in many 
                hundreds of patients and continues to advance device innovations 
                to further enhance the utility of these devices for mass vaccinations.
                
                
              About 
                Inovio Pharmaceuticals, Inc.
              
                 Inovio 
                is developing a new generation of vaccines, called DNA vaccines, 
                to treat and prevent cancers and infectious diseases. These SynCon 
                vaccines are designed to provide broad cross-strain protection 
                against known as well as newly emergent strains of pathogens such 
                as influenza. These vaccines, in combination with Inovio's proprietary 
                electroporation delivery devices, have been shown to be safe and 
                generate significant immune responses. Inovio's clinical programs 
                include HPV/cervical dysplasia and cancer (therapeutic), avian 
                flu (preventive), and HIV vaccines (both preventive and therapeutic). 
                Inovio is developing universal influenza and other vaccines in 
                collaboration with scientists from the University of Pennsylvania. 
                Other partners and collaborators include Merck, National Cancer 
                Institute, U.S. Military HIV Research Program, NIH, HIV Vaccines 
                Trial Network, University of Southampton, and PATH Malaria Vaccine 
                Initiative. More information is available at www.inovio.com.
Inovio 
                is developing a new generation of vaccines, called DNA vaccines, 
                to treat and prevent cancers and infectious diseases. These SynCon 
                vaccines are designed to provide broad cross-strain protection 
                against known as well as newly emergent strains of pathogens such 
                as influenza. These vaccines, in combination with Inovio's proprietary 
                electroporation delivery devices, have been shown to be safe and 
                generate significant immune responses. Inovio's clinical programs 
                include HPV/cervical dysplasia and cancer (therapeutic), avian 
                flu (preventive), and HIV vaccines (both preventive and therapeutic). 
                Inovio is developing universal influenza and other vaccines in 
                collaboration with scientists from the University of Pennsylvania. 
                Other partners and collaborators include Merck, National Cancer 
                Institute, U.S. Military HIV Research Program, NIH, HIV Vaccines 
                Trial Network, University of Southampton, and PATH Malaria Vaccine 
                Initiative. More information is available at www.inovio.com.