OXFORD
BIOMEDICA
RECEIVES GRANT TO ACCELERATE ITS ANTI-CANCER
PROGRAMME
Teaching Company Scheme Funds Research
into the Application of Novel Anti-Cancer Technology
Oxford
BioMedica plc, a world leader in the development and application
of gene-based therapeutics using advanced retroviral gene
delivery technologies, has, in association with Sheffield
University, received a Teaching Company Scheme (TCS) grant
for £140,020 to fund two post-doctoral research associates.
Awarded by the Biotechnology and Biological Sciences Research
Council (BBSRC), this grant will allow for these associates,
who will be based in Oxford, to contribute to the development
of the Group's novel macrophage anti-cancer technology for
the treatment of solid tumours.
The tumour targeting technology, recently
acquired from Sheffield University, utilises macrophages to
carry therapeutic genes directly into the heart of solid tumours
and establish at these sites 'factories' for the production
of anti-cancer therapeutics. The funding will provide the
means of both accelerating the development of this technology
by Oxford BioMedica and promote its integration into the Group's
clinical programme for gene-based anti-cancer therapeutics.
Commenting on the award, Dr Susan Kingsman,
Research Director, said: 'The funding will accelerate the
integration of this technology into Oxford BioMedica's product
pipeline and as a result will help to bring this exciting
new approach to cancer therapy closer to clinical trials.'
Dr Claire Lewis,
Senior Lecturer in Cellular and Molecular Pathology at Sheffield
University, said: 'We are pleased to be able to extend our
work in gene therapy by our collaboration with the excellent
team of scientists at Oxford BioMedica to realise and exploit
the potential of this new technology.'
Notes to Editors
1. Oxford BioMedica,
established in 1995, specialises in the development and application
of gene-based therapeutics using advanced retroviral gene
delivery technologies for the treatment of disease in the
areas of: oncology, viral infection, neurobiology and genetic
deficiency. Oxford BioMedica plc was floated on the UK Alternative
Investment Market of the London Stock Exchange in December
1996.
2. Dr Claire Lewis is an internationally
recognised authority in the development and application of
macrophages for the treatment of human tumours and her extensive
expertise will be applied in the TCS programme.
3. The Teaching Company Scheme
(TCS) aims to help businesses, especially small firms with
potential for growth, to access the knowledge, skills and
technology in Universities through partnerships between academia
and industry.
4. Sheffield University Medical
School, in collaboration with scientists at the Institute
of Molecular Medicine at Oxford, developed the macrophage
anti-cancer technology. Oxford BioMedica signed an agreement
with Sheffield University to acquire this technology and announced
this deal on 23rd April 1997. |