AWARDS; Antigenics CEO receives humanitarian award from the Sabin Vaccine Institute

Science Letter
July 25, 2006

Antigenics, Inc., (AGEN) announced that the Sabin Vaccine Institute
has awarded the company’s chairman and CEO, Garo H. Armen, PhD,
the 2006 Sabin Humanitarian Award.

The Albert B. Sabin Annual Awards recognize extraordinary figures
in biotechnology, medical research and medical reporting, and were
celebrated at a gala, themed "Celebrating Hope for a Healthier World,"
in New York City.

"In each case, these extraordinary individuals didn’t settle for high
achievement in just one area, but they broadened their horizons and
multiplied their effect," said H. R. Shepherd, DSc, chairman of the
Sabin Vaccine Institute. "They each found new ways to further medical
science, reaching out to help a greater cross-section of humanity."

Armen cofounded Antigenics in 1994 with Pramod K. Srivastava, PhD.
Armen is also the founder and chairman of the Children of Armenia
Fund, a charitable organization established in 2000 that is dedicated
to the positive development of the children and youth of Armenia.
>>From mid-2002 through 2004, Armen also served as chairman of
the board of directors of the pharmaceutical company Elan Corp. He
received a PhD in physical chemistry from the Graduate Center, City
University of New York.