Vical Incorporated's CEO Discusses Q3 2011 Results - Earnings Call Transcript

Vical Incorporated (VICL)

Q3 2011 Earnings Conference Call

November 1, 2011 12:00 ET

Executives

Alan Engbring – Executive Director, Investor Relations

Vijay Samant – President and Chief Executive Officer

Jill Broadfoot – Chief Financial Officer

Analysts

George Farmer – Canaccord

Nathan Cali – Noble Financial

Reni Benjamin – Rodman & Renshaw

Nicholas Bishop – Cowen & Co.

Boris Peaker – Oppenheimer

Presentation

Operator

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Good day. Welcome, ladies and gentlemen, to the Vical Incorporated Financial Results Conference Call. At this time, I would like to inform you that the conference is being recorded, and that all participants are in a listen-only mode. At the request of the company, we will open the conference up for questions and answers from the invited participants after the presentation.

I will now like to turn the conference over to Mr. Alan Engbring, Executive Director of Investor Relations. Please go ahead, sir.

Alan Engbring – Executive Director, Investor Relations

Hello, everyone. Welcome to our third quarter 2011 financial results conference call. Participating on the call today are Vical’s President and Chief Executive Officer, Mr. Vijay Samant; and Vical’s Chief Financial Officer, Ms. Jill Broadfoot. I will begin with a brief notice concerning projections and forecasts.

This call includes forward-looking statements, including financial expectations, and projections of progress in our research and development programs that are subject to risks and uncertainties that could cause actual results to differ materially from those projected, including the risks set forth in Vical’s annual report on Form 10-K and quarterly reports on Form 10-Q filed with the Securities and Exchange Commission, as well as the specific risks and uncertainties noted in Vical’s news release on third quarter 2011 financial results. These forward-looking statements represent the company’s judgment as of today. The company disclaims, however, any intent or obligation to update these forward-looking statements.

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