OXFORD BIOMEDICA
Oxford Biomedica and IDM Announce Strategic
Colloboration to Develop New Cell-Based Therapy Programmes
Oxford,
England, and Paris, France - 20 January 2000. Oxford BioMedica
plc (AIM-OXB) and Immuno-Designed Molecules S.A. (IDM) today announced
that they have signed an agreement, whereby the two companies will
co-develop new cell-based therapy programmes. This collaboration
underlines Oxford BioMedica's strategy of applying its core gene
therapy technology to other fields including that of gene-based
immunotherapy.
Cell-based therapy
is a powerful approach to fighting diseases including cancer that
uses cells from a patient's own immune system. It works by removing
cells from a patient, manipulating them to increase their immune
potential, and re-introducing them to the patient.
Oxford BioMedica
has developed novel methods for genetic engineering of patients'
immune cells for the treatment of tumours. It is also developing
therapeutic cancer vaccines which use potent tumour antigens.
IDM has developed
Cell DrugsT which are produced using patient-dedicated Cell Processors.
IDM's Cell Processor technology allows the safe manipulation of
patients' immune cells to become a routine hospital process, so
speeding up the clinical development of cell-based therapy.
The combination
of the two company's technologies will create new product programmes
which should move rapidly into clinical development. Early products
from the collaboration could be a series of novel vaccines against
cancer and other diseases. Under the terms of the collaboration
Oxford BioMedica and IDM will jointly develop novel therapeutics,
and will share the revenues from such products. This agreement should
extend the reach of each company's technologies into new therapeutic
markets.
Commenting on
the collaboration, BioMedica's Chief Executive, Professor Alan Kingsman,
said:
"IDM have developed a leading position in cell-based therapy
with their clinically approved cell processor. This will make cell-based
therapy a reality and provide us with a means of getting our technologies
such as MacroGenTM and LentiVectorsTM into cell-based products much
faster. This is an excellent deal and it fits well with our increasing
activity in immunotherapy via gene delivery.
" Dr. Jean-Loup
Romet-Lemonne, IDM's President and CEO, said: "BioMedica has
first class gene transfer technology and some novel approaches to
identifying new tumour antigens. Together, we can develop new exciting
Cell DrugsT in the field of immunotherapy that would not otherwise
have been possible."
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Notes to
Editors
- Oxford
BioMedica plc
Established in 1995, the Company specialises in the development
and application of gene-based therapeutics using advance gene
delivery technologies for the treatment of disease in the areas
of Oncology, Viral Infection, Neurobiology and Genetic Deficiency.
Oxford BioMedica plc was floated on the UK Alternative Investment
Market of the London Stock Exchange in December 1996.
- IDM
IDM is a privately owned biopharmaceutical company developing
new cell and gene therapy treatments to fight cancer and other
life-threatening diseases. IDM applies its proprietary technologies
to selectively isolate, engineer, expand and activate specific
cell populations which are involved in therapeutic vaccination.
IDM's products are designed to boost the immune system, destroy
residual tumour cells, and immunise patients to prevent tumour
recurrence. For more information about the company visit its Web
site at http://www.idm-biotech.com
- IDM Cell
Processors
IDM's cell processors are single-use medical devices which contain
all the necessary chemicals, devices, and quality control reagents
for the preparation of standardised cell therapy products. An
additional key feature of IDM's cell processors is their accompanying
Lab Quality System software designed to guide the user at every
stage in the cell preparation process, providing built-in safeguards
to ensure the final product meets or exceeds required quality
- Gene-based
Immunotherapy
Gene-based immunotherapy seeks to treat disease by modulating
(either increasing or reducing) a patient's immune responses using
advanced gene delivery techniques. Immune responses are an important
factor in the development of a wide range of diseases including
cancer, auto-immune diseases such as arthritis and infectious
disease.
- Oxford
BioMedica's LentiVectorT and MacroGenT Technology
Through its proprietary LentiVectorT systems Oxford BioMedica
is able to efficiently deliver therapeutic genes to a wide range
of cell types, including cells of the immune system.
The MacroGenT
programme uses advanced gene delivery techniques to introduce
therapeutic genes to macrophages, an important class of white
blood cells. Macrophages modified in this way have properties
which make them important candidates for the treatment of diseases
including cancer and auto-immune diseases.
| For
further information please contact: |
|
Oxford BioMedica plc
Professor Alan
Kingsman, Chief Executive |
Tel:
+44 (0)1865 783000 |
| City/Financial
Enquiries
David
Simonson / Melanie Toyne Sewell
Merlin Financial Communications |
Tel:
+44 (0)171 606 1244 |
| Scientific/Trade
Enquiries
Sue
Charles/ Sarah Pattinson,
HCCDe Facto Group |
Tel:
+44 (0)171 496 3300 |
IDM
S.A.
Jean-Loup Romet-Lemonne, MD, President and CEO |
Tel:
+33 (0)1 40 09 04 11 |
|