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2004/OB/09
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OXFORD
BIOMEDICA’S INNUREX® PRODUCT RESTORES LIMB FUNCTION
IN A PRECLINICAL MODEL OF AVULSION INJURY
Data
presented at the 7th Annual Meeting of the American Society
For Gene Therapy
Oxford
BioMedica (LSE: OXB), the leading gene therapy company,
announced today that preclinical
data from the Innurex nerve repair programme are being presented
by Dr. Nicholas Mazarakis, the Company’s Vice President
for Neurobiology, at the 7th Annual Meeting of the American
Society of Gene Therapy held in Minneapolis from June 2-6.
The data, which will shortly be sent for peer-reviewed publication,
show that Innurex is able to restore function to damaged
limbs in a model of avulsion (stretch) injury. These results
indicate that Innurex may have clinical benefit in patients
with nerve damage resulting from severe pull/stretch injury,
a common consequence of sporting and motor accidents.
Within the field of neurobiology nerve repair has been a
long sought goal for the treatment of nerve damage and spinal
injury. The aim is to induce nerve cells to regrow and bridge
sites of injury thereby reconnecting the nerve fibres and
restoring function. At present there are no effective therapies
for nerve damage and spinal injury.
The new results
with Innurex are the first functional data to come from
Oxford BioMedica’s nerve repair programme
and they indicate that the new nerve connections induced
by Innurex restore substantial function to limbs that have
a damaged nerve supply. The data were generated from an ongoing
collaboration between Oxford BioMedica and Professors Malcolm
Maden and Stephen McMahon at King’s College London.
Prof. Alan Kingsman,
Oxford BioMedica’s Chief Executive,
said: “Innurex goes from strength to strength. In
December of last year we announced that Innurex had been
shown to
induce nerve regrowth in vivo. We now know that the regrowth
is significant in that injured limbs regain both movement
and sensation as a result of treatment with Innurex.”
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| Notes
| 1. |
Oxford
BioMedica plc |
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Oxford
BioMedica (LSE: OXB) is a biopharmaceutical
company specialising in the development
of novel gene-based therapeutics with
a focus on the areas of oncology and
neurotherapy. The Company was established
in 1995 as a spin out from Oxford University,
and is listed on the London Stock Exchange.
In
addition to its technical expertise in
gene delivery, Oxford BioMedica has
in-house clinical, regulatory and manufacturing
know-how. The development pipeline includes
two novel anti-cancer products in clinical
trials and two neurotherapy products in
advanced preclinical development for Parkinson’s
disease and retinopathy. The Company is
underpinned by an extensive preclinical
and research portfolio and about 70 patent
families, which represents one of the broadest
patent estates in the field.
The
Company has a staff of approx 65 split
between its main facilities in Oxford and
its wholly owned subsidiary, BioMedica
Inc, in San Diego, California. Oxford BioMedica
has corporate collaborations with Wyeth,
Intervet, Merck & Co, Amersham and
Kiadis.
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| 2. |
Innurex® |
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Innurex
is a product comprising Oxford BioMedica’s
LentiVector delivery system carrying
the RARß2 gene (a subtype of the
retinoic acid receptor). The Company
acquired exclusive rights to the RARß2
gene from King’s College London
where the initial observation that this
gene could programme nerve cells to regrow
in vitro was made. The product is being
investigated extensively in in vivo industry-standard
preclinical models of nerve repair in
avulsion and spinal cord injury. In April
2004, the Christopher Reeve Paralysis
Foundation awarded a grant to King’s
College London to explore the use of
Innurex in spinal cord injury.
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| 3. |
King's College, London |
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King's
is one of the oldest and largest colleges
of the University of London with 13,800
undergraduate students and some 5,300 postgraduates
in ten schools of study. The College had
24 of its subject-areas awarded the highest
rating of 5* and 5 for research quality,
demonstrating excellence at an international
level. King's is in the top group of five
universities for research earnings with
income from grants and contracts of more
than £93 million (2002-2003) and
has an annual turnover of £320 million.
King's is a member of the Russell Group,
a coalition of the UK's major research-based
universities. |
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further information please contact:
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Oxford BioMedica plc
Professor Alan
Kingsman, Chief Executive
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Tel: +44 (0)1865 783 000 |
| City/Financial
Enquiries
Lisa
Baderoon/Mark
Court
Buchanan Communications |
Tel: +44 (0)20 7466 5000
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| Scientific/Trade
Press Enquiries
Sue
Charles, Katja
Stout,
College Hill - Life Sciences |
Tel:
+44 (0)20 7886 8150 |
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