homesitemap





 
News / 20 October 1997
 
  1997/OB/07

OXFORD BIOMEDICA

ACQUIRES NOVEL ANTI-CANCER TECHNOLOGY

Licensing Agreement is Signed with Leading US Researchers

Oxford BioMedica plc announced today that it has signed an agreement which gives the Company rights to a novel system for the treatment of a wide range of cancers. The Company will be collaborating with leading researchers at the Massachusetts General Hospital and Boston University who developed the technology together with The Dana-Farber Cancer Institute. This agreement and collaboration further strengthens Oxford BioMedica's position as a world leader in advanced gene delivery technologies.

The technology, which uses a derivative of a human gene to deliver anti-tumour agents to the site of the tumour, will form a component of Oxford BioMedica's first anti-cancer product MetXiaT, due to enter Phase I/II clinical trials towards the end of next year. Commenting on the news, Professor Alan Kingsman, Oxford BioMedica's Chief Executive, said: 'We are delighted to be working alongside such a prestigious group of clinical centres and it is, of course, a powerful endorsement of our technical and commercial strength. We anticipate a long interaction with our colleagues in Boston that will lead to a range of product opportunities.'

Andrew Wood Finance Director, added: 'Further details on the technology and the MetXia trial will be announced once the numerous commercial opportunities relating to the new technology have been fully explored.'

Notes to Editors

1. Oxford BioMedica, established in 1995, specialises in the development and application of gene-based therapeutics using advanced 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. Further information on Oxford BioMedica can be obtained from its website: http://www.oxfordbiomedica.co.uk


Return to the News

For more information contact:

 

Oxford BioMedica plc
Peter Nolan, Director of Operations

Tel: +44 (0)1865 783000

Trade/Scientific Press Enquiries
Michaela Mahon , Account Director
De Facto Consultants

Tel: +44 (0)1256 842274

City/Financial Enquiries
Nicola How , Account Director
HCC De Facto Financial

Tel: +44 (0)171 957 4600

Top of page

Website by College Hill - Life Sciences

 
   2008 
   Archive
   2007 
   2006 
   2005 
   2004 
   2003 
   2002 
   2001
   2000
   1999
   1998
   1997
 
Email Alerts
Enter your email address to be kept informed of news updates

Unsubscribe
Enter your email address to be removed from our mailing list