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2005/OB/11
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OXFORD
BIOMEDICA RECEIVES NOTICE OF ALLOWANCE FOR US LENTIVECTOR®
PATENT
Oxford
BioMedica (LSE: OXB), the leading gene therapy company, announces
today that they have received a Notice of Allowance from the
US Patent Office for a Patent containing broad claims covering
modifications to lentiviral vectors that improve safety and
efficacy.
Oxford
BioMedica owns an extensive portfolio of broad patents and
patent applications covering many aspects of the composition
of matter and use of gene delivery systems based on lentiviral
vectors. This patent estate underpins the Company's neurotherapy
pipeline of five products and is the subject of recent commercial
deals with a number of companies including Merck and Biogen
Idec.
The Notice
of Allowance, announced today, adds significantly to Oxford
BioMedica's dominating patent estate. Claims cover specific
genetic alterations in the vectors' genome, which prevent
them interfering with cellular functions in the target cells.
This ensures that the vectors have a safety profile compatible
with their use in therapeutic products, and possess the ideal
properties required for drug discovery applications and the
production of transgenic animals. Therefore, the claims broadly
cover important modifications of lentiviral vectors and, as
such, dominate a large part of the field. These alterations
are included in the Company's LentiVector®
technology which forms the basis of its products for Parkinson's
disease, age-related macular degeneration, motor neuron disease,
spinal muscular atrophy and nerve repair.
Commenting
on the news, Peter Nolan, Oxford BioMedica's Senior Vice President
for Commercial Development said: "Our LentiVector patent estate
goes from strength-to-strength and is attracting significant
interest from pharmaceutical and large biotech companies.
The LentiVector platform has formed the basis of four deals
since our technology licensing initiative commenced in early
2004 and is currently the subject of five further negotiations".
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ends -
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Notes
| 1. |
Oxford
BioMedica |
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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.
Oxford
BioMedica has core expertise in gene delivery,
as well as in-house clinical, regulatory
and manufacturing know-how. In oncology,
the pipeline includes an immunotherapy and
a gene therapy in multiple Phase II trials,
and a preclinical targeted antibody therapy
in collaboration with Wyeth. In neurotherapy,
the Company’s lead product is a gene
therapy for Parkinson’s disease, which
is expected to enter clinical trials in
early 2006, and four further preclinical
candidates. The Company is underpinned by
over 80 patent families, which represent
one of the broadest patent estates in the
field.
The
Company has a staff of approximately 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, Amersham, Viragen, MolMed and
Kiadis; and has licensed technology to a
number of companies including Merck &
Co and Biogen Idec. |
| 2. |
LentiVector®
technology |
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Oxford
BioMedica’s LentiVector gene delivery
technology, based on lentiviral vectors, is
arguably the most potent system currently
available for treating a range of diseases,
particularly those of the central nervous
system. Oxford BioMedica has shown that its
lentiviral vectors are able to deliver genes
with high efficiency to a variety of both
dividing and non-dividing cells, including
neurons in the brain.
Oxford
BioMedica has five issued US patents and
two European patents for its LentiVector
technology, which supports the LentiVector-based
pipeline and its technology licensing activities.
The Company has established a neurotherapy
pipeline of product candidates based on
the technology, which includes ProSavin®
for Parkinson’s disease, RetinoStat®
for retinopathy, MoNudin®
for motor neuron disease, SNM-1G for spinal
muscular atrophy and Innurex®
for nerve repair. In addition to its application
in therapeutic products, the LentiVector
technology is an effective tool for genomics-based
target validation, screening, production
systems, and the creation of transgenic
animals.
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further information please contact:
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Oxford BioMedica plc
Professor Alan
Kingsman, Chief Executive
Peter Nolan, SVP Commercial Development |
Tel: +44 (0)1865 783 000 |
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Enquiries
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Court/Mary-Jane
Johnson
Buchanan Communications |
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Charles, Katja
Stout, Ashley
Lilly
College Hill - Life Sciences |
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