Edgar Filing: White Cheryl Jo

Ownership Submission

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:

3235-0104

Expires:

January 31, 2005

Estimated average burden hours per response...

0.5

(Print or Type Responses)

1. Name and Address of Reporting Person ^*

Â White Cheryl Jo

2. Date of Event Requiring Statement (Month/Day/Year)
06/01/2009

3. Issuer Name and Ticker or Trading Symbol
INOVIO BIOMEDICAL CORP [INO]

(Last)

(First)

(Middle)

11494 SORRENTO VALLEY ROAD

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

_____ Director	_____ 10% Owner
__X__ Officer (give title below)	_____ Other (specify below)
Chief Medical Officer

5. If Amendment, Date Original Filed(Month/Day/Year)

(Street)

SAN DIEGO,Â CAÂ 92121

6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Beneficially Owned

1.Title of Security
(Instr. 4)

2. Amount of Securities Beneficially Owned
(Instr. 4)

3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)

4. Nature of Indirect Beneficial Ownership
(Instr. 5)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
	Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security		6. Nature of Indirect Beneficial Ownership (Instr. 5)
Inovio Biomedical Corporation Common Stock Option ⁽¹⁾ ⁽²⁾	10/01/2002	10/01/2012	Inovio Biomedical Corporation Common Stock	98,120	$ 0.03	D	Â
Inovio Biomedical Corporation Common Stock Option ⁽¹⁾ ⁽²⁾	10/01/2002	10/01/2012	Inovio Biomedical Corporation Common Stock	98,120	$ 1.28	D	Â
Inovio Biomedical Corporation Common Stock Option ⁽¹⁾ ⁽²⁾	12/01/2004	12/01/2014	Inovio Biomedical Corporation Common Stock	98,120	$ 0.21	D	Â
Inovio Biomedical Corporation Common Stock Option ⁽¹⁾ ⁽²⁾	09/01/2005	09/01/2015	Inovio Biomedical Corporation Common Stock	294,360	$ 1.28	D	Â
Inovio Biomedical Corporation Common Stock Option ⁽¹⁾ ⁽²⁾ ⁽³⁾	01/18/2007	01/18/2017	Inovio Biomedical Corporation Common Stock	49,060	$ 1.28	D	Â
Inovio Biomedical Corporation Common Stock Option ⁽¹⁾ ⁽²⁾ ⁽⁴⁾	09/12/2008	09/12/2018	Inovio Biomedical Corporation Common Stock	29,436	$ 1.28	D	Â
Inovio Biomedical Corporation Common Stock Option ⁽¹⁾ ⁽²⁾ ⁽⁵⁾	09/12/2008	09/12/2018	Inovio Biomedical Corporation Common Stock	24,530	$ 1.28	D	Â

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
White Cheryl Jo 11494 SORRENTO VALLEY ROAD SAN DIEGO,Â CAÂ 92121	Â	Â	Â Chief Medical Officer	Â

Signatures

/s/ Cheryl Jo White		06/01/2009
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Issued upon assumption of outstanding VGX Pharmaceutical Inc. stock options in conjunction with closing of the business combination transaction between VGX Pharmaceuticals and Inovio Biomedical Corporation on June 1, 2009.
(2)	The vesting schedule is based on the original grant.
(3)	The first tranche of 16,353 shares vested on January 18, 2008, the second tranche of 16,353 shares vested on January 18, 2009, and the third tranche of 16,353 shares will vest January 19, 2010.
(4)	The first tranche of 14,718 shares will vest on September 12, 2009 and the second tranche of 14,718 shares will vest on September 12, 2010.
(5)	The first tranche of 8,176 shares will vest on September 12, 2009, the second tranche of 8,176 shares will vest on September 12, 2010, and the third tranche of 8,176 shares will vest on September 12, 2011.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.