Immunovaccine Expands Collaboration with Defence Research & Development Canada

HALIFAX, NOVA SCOTIA, Oct 29 (MARKET WIRE) --
Immunovaccine Inc. (TSX VENTURE: IMV), a vaccine development company, is
expanding its research agreement with Defence Research and Development
Canada (DRDC) based on encouraging initial results achieved with the
anthrax vaccine.

"Preliminary animal studies revealed that Immunovaccine's DepoVax(TM)
technology can reduce the number of immunizations required to induce
antibodies against anthrax," remarked Dr. Marc Mansour, vice president of
R&D at Immunovaccine Inc.

"We are encouraged by these results, and would like to continue our
collaboration for developing an enhanced anthrax vaccine using the
DepoVax(TM) technology. We are also expanding the program to look at
other priority bioterrorism agents like Glanders," said Dr. Les Nagata,
Head Biotechnology Section at DRDC.

Glanders is a deadly bacterial infection caused by Burkholderia mallei.
As a biological weapons agent, Glanders could be used against humans and
livestock. In their April 2007 report, the Department of Health and Human
Services (HHS) identified Glanders as one of the top priorities for
development of medical countermeasures.

DRDC is an agency of the Department of National Defence, responding to
the scientific and technological needs of the Canadian Forces and
national security communities. With a broad scientific program, DRDC
actively collaborates with industry, international allies, academia,
other government departments and the national security community.
www.drdc-rddc.gc.ca.

Immunovaccine Inc. (TSX VENTURE: IMV) is a vaccine development company
focused on the commercialization of its novel vaccine technology and
product candidates. The company continues to strengthen its vaccine
pipeline through licensing and strategic partnerships to develop
therapeutic cancer and infectious disease vaccines.

This press release contains forward-looking information under applicable
securities law. All information that addresses activities or developments
that we expect to occur in the future are forward-looking information.
Forward-looking statements are based on the estimates and opinions of
management on the date the statements are made. However, they should not
be regarded as a representation that any of the plans will be achieved.
Actual results may differ materially from those set forth in this press
release due to risks affecting the Company, including access to capital,
the successful completion of clinical trials and receipt of all
regulatory approvals. Immunovaccine Inc. assumes no responsibility to
update forward-looking statements in this press release.

Neither
TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.

Contacts:
Immunovaccine Inc.
Dr. Marc Mansour
Vice President R&D
(902) 492-1819
info@imvaccine.com

Immunovaccine Inc.
Jennifer Ayotte
Director Communications
(902) 492-1819
jayotte@imvaccine.com
www.imvaccine.com

Copyright 2009, Market Wire, All rights reserved.

-0-