OXFORD
BIOMEDICA
Oxford Biomedica Announces Collaboration Agreement with
Valentis on its Cancer Therapeutic, MetXiaŽ
Oxford,
UK and Burlingame, CA; 13 December, 2000 - Oxford BioMedica
announced today that it has signed a collaborative agreement
with PolyMASC Pharmaceuticals plc, a wholly-owned subsidiary
of the major US gene therapy company, Valentis Inc. (NASDAQ:VLTS)
to jointly develop an enhanced version of BioMedica's cancer
therapeutic MetXiaŽ. MetXiaŽ represents a platform technology
for increasing tumour cell death via the local activation
of the established anti-cancer prodrug, cyclophosphamide.
On 6 November
2000 Oxford BioMedica announced the first clinical trial results
from the MetXiaŽ programme. A total of eight breast cancer
and melanoma patients were treated, by direct administration
to the tumour, with three doses of MetXiaŽ. Gene transfer
was achieved in all patients and MetXiaŽ appeared to be safe
and well tolerated throughout the dose range.
The use
of MetXiaŽ can be expanded in a number ways, thereby broadening
the commercial potential of the product. One example of this
is through the collaboration announced today. PolyMASC and
BioMedica will co-develop a version of MetXiaŽ that is designed
to selectively target tumours following systemic administration
of the product. This is to be achieved by coating MetXiaŽ
using PolyMASCs' proprietary viraMASCT PEGylation technology.
The PEGylation process, which uses polyethylene glycol (PEG),
leads to selective accumulation of the gene therapy vector
at tumour sites. PolyMASC is a world leader in this technology.
Financial terms of the collaboration were not disclosed.
Commenting
on the announcement, Chief Executive, Prof. Alan Kingsman
said:
"We are delighted with the signing of this agreement with
PolyMASC. The potential value of MetXiaŽ is high, and this
has been recognised by Valentis in their commitment to our
collaboration and their enthusiasm for putting their PEG technology
alongside our gene therapy systems. This is a very exciting
combination of technologies."
Dr Gillian
Francis, Managing Director of PolyMASC, said:
"The collaboration with Oxford BioMedica is an example
of how PolyMASC's viraMASCT technology may open up new commercial
opportunities through the intravenous administration of viral
vectors in cancer therapy. PolyMASC's PEGylation technologies
can be applied to a number of biopharmaceuticals including
replicating and non-replicating viruses, proteins and antibodies
to improve the safety and efficacy of these emerging products.
PolyMASC welcomes this collaboration as an excellent opportunity
to combine Oxford BioMedica's vector technology with the benefits
of our proprietary viraMASCT delivery system." |
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| Notes
to Editors
| 1. |
Oxford
BioMedica plc
Established in 1995, the Company specialises in the
development and application of gene-based therapeutics
and immunotherapeutics for the treatment of disease
in the areas of Oncology, Viral Infection, and Neurobiology
and in Gene Discovery. Oxford BioMedica plc was floated
on the Alternative Investment Market of the London Stock
Exchange in December 1996. Currently Oxford BioMedica
has corporate collaborations with Aventis, AstraZeneca,
IDM, Modex Therapeutics, Nycomed Amersham and Virbac.
BioMedica's first clinical product, MetXiaŽ is in Phase
I/II clinical trials for late-stage breast cancer (BC1)
and ovarian cancer (OC1). Recently it received ethical
approval form the UK Gene Therapy Advisory Committee
for a Phase I/II clinical trial of its cancer vaccine
TroVaxT in colorectal cancer. The TroVaxT clinical programme
is expected to commence shortly.
|
| 2. |
MetXiaŽ
gene therapy for cancer
A common strategy for the treatment of cancer is to
administer cytotoxic (or cell killing) drugs in an attempt
to destroy the tumour. Cyclophosphamide is one of a
group of drugs that is taken by the patient in the form
of an inactive prodrug. The prodrug travels through
the body to the liver where enzymes convert it to the
active, cytotoxic form. This approach affects the whole
body and leads to the familiar adverse side effects
of cancer chemotherapy because the cytotoxic drug destroys
normal cells on its way from the liver to the tumour.
In addition, because the activating enzymes are present
only in the liver, high doses of prodrug must be given
to achieve therapeutic levels of the cytotoxic drug
at the tumour site. Often the therapeutic effect is
compromised by the toxicity.
Oxford
BioMedica's MetXiaŽ addresses these problems by delivering
the gene (CYP2B6) directly to the tumour. Once incorporated
into the genetic material of the tumour cells, this
gene produces the liver enzyme that converts the cyclophosphamide
pro-drug to its active form within the tumour. The aim
is to achieve high concentrations of activated cyclophosphamide
locally in the tumour while minimising circulating levels
of the drug. It is anticipated that this will lead to
substantially increased sensitivity of the tumour to
the drug and to an ability to reduce the dose of cyclophosphamide,
thereby reducing adverse side effects.
In
a variety of preclinical models, BioMedica has shown
that delivery of the human CYP2B6 gene to tumours, using
MetXiaŽ, does indeed increase their sensitivity to cyclophosphamide
and leads to enhanced tumour cell killing. The Company
is now engaged in Phase I/II clinical trials in breast
cancer (BC1) and ovarian cancer (OC1). The results reported
on 6 November 2000 confirm that the gene transfer achieved
in preclinical models also occurs in the cancer patients
in the BC1 trial. The implication for the efficacy of
the product of this level of gene transfer will be evaluated
in further studies.
MetXiaŽ
represents a platform technology which can be developed
in a number of ways; firstly as a product in its own
right, secondly as a component of a combination product
that induces the immune system to destroy tumours and
finally, in selected formulations to achieve tumour
targeting. The collaborative agreement signed today
with Valentis, is an example of the third of these options.
|
| 3. |
Valentis,
Inc.
Valentis, Inc. is a leader in the field of biopharmaceutical
delivery. Valentis develops proprietary technologies and
applies its preclinical and early clinical development
expertise to create novel therapeutics. The company's
core technologies include multiple gene delivery and gene
expression systems and PEGylation technologies designed
to improve the safety, efficacy and dosing characteristics
of genes, proteins, peptides, peptidomimetics, antibodies
and replicating and non-replicating viruses.
These technologies are covered by a broad patent portfolio
that includes issued U.S. and European claims. Valentis'
commercial strategy is to enter into corporate collaborations
for full-scale clinical development and marketing and
sales of products. Together, Valentis and its wholly-owned
subsidiary PolyMASC Pharmaceuticals currently have corporate
collaborations with Roche Holdings, Eli Lilly, Glaxo Wellcome,
Boehringer Ingelheim, Heska Corporation, Transkaryotic
Therapies, Onyx Pharmaceuticals and Bayer International,
and a manufacturing partnership (the pAlliance) with DSM
Biologics and Qiagen N.V.
Additional information about Valentis can be found at
www.valentis.com
Statements in this press release that are not strictly
historical are "forward looking" statements as defined
in the Private Securities Litigation Reform Act of 1995.
The words "believes," "expects," "intends," "anticipates,"
variations of such words, and similar expressions identify
forward-looking statements, but their absence does not
mean that the statement is not forward-looking. These
statements are not guarantees of future performance and
are subject to certain risks, uncertainties and assumptions
that are difficult to predict. Factors that could affect
the Company's actual results include the need for additional
capital, the early stage of product development, uncertainties
related to clinical trials, and uncertainties related
to patent position. There can be no assurance that Valentis
will be able to develop commercially viable gene-based
therapeutics or PEGylated products, that any of its programs
will be partnered with a pharmaceutical partner, that
necessary regulatory approvals will be obtained, or that
any clinical trial will be successful. The actual results
may differ from those projected in the forward-looking
statement due to risks and uncertainties that exist in
the Company's operations and business environment. These
are described more fully in the Valentis Annual Report
on Form 10-K for the period ended June 30, 2000 as filed
with the Securities and Exchange Commission. |
| For
further information please contact:
|
|
|
Oxford BioMedica
plc
Professor Alan
Kingsman, Chief Executive |
Tel:
+44 (0)1865 783 000 |
| City/Financial
Enquiries
David
Simonson, Melanie Toyne Sewell
Merlin Financial Communications |
Tel:
+44 (0)20 7606 1244 |
| Scientific/Trade
Enquiries
Chris
Gardner, HCCDe Facto Group |
Tel:
+44 (0)20 7496 3300 |
PolyMASC
Pharmaceuticals plc
James Green, Commercial Director |
Tel:
+44 (0)20 7284 3100 |
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