Oxford Biomedica
and Kiadis Agree Collaborative
Programme on Wound Healing
New
Alliance to focus on the discovery and development of novel
compounds for wound healing.
Oxford,
United Kingdom and Leiden, The Netherlands. 28 January
2003 – Oxford BioMedica plc (‘Oxford BioMedica’)
and Kiadis BV (‘Kiadis’) have agreed a joint
programme directed, in the first instance, at wound healing.
The global market for wound healing is estimated to be
in excess of $1 billion. Oxford BioMedica has used its Focused Target Identification
platform to identify an enzyme that is central to the control
of blood vessel growth, an essential feature of effective
wound healing. Inhibition of this enzyme is likely to be
of value in several disease conditions with particular emphasis
in cardiovascular indications. Wound healing will be the
initial focus because this provides a clear route to move
towards clinical trials within a short period. Relevant clinical
applications include the treatment of debilitating non-healing
ulcers that occur in diabetic patients and the management
of non-healing wounds occurring as a consequence of cancer
radiotherapy.
As part of the collaboration, Kiadis will apply its proprietary
High Resolution Screening (HRS) technology to identify novel
molecules that interact with the enzyme from complex mixtures
of molecules derived from either natural products or synthetic
libraries (e.g. pooled single compounds). Oxford BioMedica
will characterise molecules identified by Kiadis as part
of the product optimisation process. The goal will be to
produce a small molecule that has demonstrable efficacy in
both preclinical and clinical studies and to license that
molecule to an industry partner for commercialisation.
Alan
Kingsman (CEO, Oxford BioMedica) said, “We
are delighted to be combining our first output from the
Target Identification programme with such creative chemistry.
Kiadis is using a completely novel approach to small molecule
discovery. We anticipate finding novel products that address
the substantial unmet market for effective wound healing.”
Steve
Long (Director Drug Discovery, Kiadis) said, “Kiadis
has the ability to screen molecules with an enormous chemical
diversity and rapidly optimise chosen lead molecules,
so we are delighted to form this collaboration with Oxford
BioMedica. Oxford BioMedica understands the target and has
the correct expertise to identify the value of chosen molecules – a
winning combination.”
-Ends-
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| Notes
| 1. |
Oxford
BioMedica plc |
| |
Established
in 1995 as a spin out from Oxford University, Oxford
BioMedica
plc specialises in the development of novel gene-based
therapeutics for the treatment of cancer, neuro-degenerative
disease and other disorders with major unmet clinical
needs. The development pipeline includes two novel
anti-cancer products in clinical trials and a gene
therapy treatment for Parkinson’s disease, which
is in late preclinical studies. This is underpinned
by a broad research pipeline and over 70 patent families,
about quarter of which are issued.
Oxford
BioMedica’s products use genes as the
mediators of a therapeutic effect and/or immune response.
The Company’s gene therapy products deliver therapeutic
molecules in vivo whilst its gene-based immunotherapy
products deliver genes that recruit the patient’s
immune system to mediate a therapeutic effect. The
genes are delivered by the Company’s highly engineered
viruses or cells.
BioMedica’s lead product TroVax® is an anti-cancer
therapeutic vaccine expected to be useful against a
broad range of tumour types. It is entering Phase II
trials in a number of indications including colorectal
and renal cancer, and is expected to be ready for Phase
III trials at the end of 2003. The Company’s
second cancer product, MetXia®, is completing Phase
I/II studies in breast cancer.
Oxford BioMedica is headquartered in Oxford, UK and
has a wholly-owned subsidiary in San Diego, USA. BioMedica
has corporate collaborations with Wyeth, IDM, InterVet,
Amersham and Arius Research.
Oxford
BioMedica plc was floated on the Alternative Investment
Market of the London Stock
Exchange in December
1996, and was promoted to the United Kingdom Listing
Authority Official List in April 2001 following a successful £35.5
million fund-raising.
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| 2. |
Kiadis BV |
| |
Kiadis
BV is a company that generates high quality; ‘patentable’ lead
molecules from complex mixtures of compounds for optimisation
and development. The Company aims to access the broadest
chemical diversity possible by screening complex mixtures
of molecules, e.g. derived from both Natural and Synthetic
sources such as expanded (non-purified) combinatorial
chemistry. Kiadis’ unique
and proprietary technology combines compound separation,
with the biological
evaluation and chemical characterisation of bioactive
molecules in parallel, and has been industry validated
through collaborations with Bayer, Monsanto and
Unilever. The platform has two configurations: High
Resolution
Screening (HRS), which can be used to screen non-human-derived
complex mixtures for active molecules against drug
targets; and Orphan Target Screening (OTS), which
can be used to screen human samples (blood, urine,
tissue extracts) against orphan targets to identify
endogenous ligands.
Kiadis was
founded in 1997 as a spin-off company from the Leiden
/ Amsterdam Center of Drug Research
(University of Leiden). The company raised €6.5m
in its first round of funding from Life Sciences
Partners (Amsterdam, the Netherlands), Prelude
Trust (Cambridge, UK), and Alafi Capital (San Francisco,
CA).
The company is located at the BioScience Park of
the University of Leiden, the Netherlands.
Further information is available on the World Wide
Web at http://www.kiadis.com
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| For
further information please contact: |
|
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Oxford BioMedica plc
Professor Alan
Kingsman, Chief Executive |
Tel: +44 (0)1865 783 000 |
| City/Financial
Enquiries
Mike
Wort/James Chandler
Beattie Financial |
Tel: +44 (0)20 7398 3300
|
| Scientific/Trade
Enquiries
Sue
Charles, Katja
Stout, College Hill - Life Sciences |
Tel:
+44 (0)20 7321 3870 |
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