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2005/OB/23
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OXFORD
BIOMEDICA IS GRANTED KEY LENTIVECTOR® PATENTS
IN CHINA
Oxford
BioMedica (LSE: OXB), the leading gene therapy company, announced
today that the Patent Office of the Peoples’ Republic
of China has granted two patents to the Company that have
broad claims covering vectors derived from lentiviruses. These
are the first patents covering the commercial use of the Company’s
LentiVector technology in China, the only country in the world
with an approved gene therapy product and a country where
opportunities for innovative pharmaceutical development is
widely predicted to grow substantially over the next decade.
These patents add
further strength to Oxford BioMedica’s existing intellectual
property covering lentiviral vector systems that, unlike many
versions, have real therapeutic utility because of their safety.
The Oxford BioMedica team was the first to construct lentiviral
vectors that contain no viral genes at all, and which comprise
the minimum number of viral components in the viral particles.
It is this minimisation of the vectors that confers the safety
and is the subject of these patents.
The LentiVector
technology forms the delivery system for the Company’s
neurotherapy pipeline, including products for Parkinson’s
disease, age-related macular degeneration, motor neuron disease,
spinal muscular atrophy and nerve repair. ProSavin®, for
Parkinsons disease, is Oxford BioMedica’s most advanced
programme that uses the LentiVector system, and clinical trials
are expected to start in 2006. In addition, the Company has
shown that the technology can be used for other disease areas
such as anaemia, haemophilia and AIDS.
Commenting on
the new patents, Oxford BioMedica’s Chief Executive,
Professor Alan Kingsman said: “We are delighted to add
these two patents to our substantial intellectual property
portfolio. Having these patents in place now enables us to
commercialise our products in China. Towards the end of the
year we will be seeking partners for the Chinese market, which
is set to grow faster than any other territory in the next
ten years.”.
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Notes
| 1. |
Oxford
BioMedica |
|
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, Biogen Idec and Pfizer. |
| 2. |
LentiVector
technology |
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Oxford BioMedica’s LentiVector gene
delivery technology, based on lentiviruses,
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 and RNAi with high efficiency to a
variety of both dividing and non-dividing
cells, including neurons in the brain.
Oxford
BioMedica has three issued US patents and
a European patent for its LentiVector technology.
These include broad composition of matter
claims and methods of production claims
for lentiviral vector gene delivery systems
of both human and non-human origin. The
patents also cover derivatives of lentiviral
vector systems that, unlike many versions
of lentiviral vectors, have real clinical
utility because of their safety.
The
Company has established a neurotherapy pipeline
of product candidates based on its LentiVector
technology, which includes ProSavin®
for Parkinson’s disease, RetinoStat®
for retinopathy, MoNudin® for motor
neuron disease, SMN1-G for spinal muscular
atrophy and Innurex® for nerve repair.
Current licensees of the LentiVector technology
include Merck & Co, Biogen Idec and
Pfizer. |
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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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Johnson
Buchanan Communications |
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