News / 15 February 1999
 
  99/OB/03

OXFORD BIOMEDICA

OXFORD BIOMEDICA APPOINTS EX-VICE PRESIDENT OF GENETIC THERAPY INC AS NON-EXECUTIVE DIRECTOR

Oxford BioMedica announces today that Mark Berninger, recently Vice President of Business Development at Genetic Therapy Inc., a subsidiary company of Novartis, has joined its board as a non-executive director.

Mark (age 50) has wide experience in the biotechnology industry in the US. He has been particularly active in negotiating licensing deals and evaluating new technologies for a number of the leading biotechnology companies in the fields of gene therapy and nucleic acid hybridisation-based diagnostics and molecular biology research products. In addition, he has had responsibility for overseeing research collaborations with corporate and academic research institutions. In his recent role as Vice-President: Business Development at Genetic Therapy Inc. (GTI) he has been actively involved in searching out new product and licensing opportunities for both GTI and its parent company, Novartis. He is currently a Director of Antares Bioscience Inc and was, until 1995, a Director of Protogene Labs Inc.

Prior to joining GTI, Mark was responsible for evaluation and licensing of technology and corporate acquisitions for Gen-Probe Incorporated, a subsidiary of Chugai Pharmaceuticals, as Vice-President of Business Development.

Before joining Gen-Probe he spent 17 years with Life Technologies Inc., the last several years as Director of Intellectual Property and Technology Acquisition. He is a registered U.S. Patent Agent.

An accomplished researcher in his own right, he is the named Inventor or co-Inventor on twelve US patents in the field of nucleic acid probe diagnostics and nucleic acid amplification and has published numerous articles on the subject.

Prof. Alan Kingsman, Chief Executive commented "I am extremely pleased that we have been able to attract a top flight director with the established track record that Mark Berninger has to the board of Oxford BioMedica. This is an exciting stage in the Company's development. We have recently negotiated our first significant deal and started the clinical programme for our lead candidate product. It is important to maintain this momentum and further commercialise our extensive technology toolbox. Mark's hands-on experience in technology licensing at one of the leading gene therapy companies in the US will be invaluable in helping us achieve this."

Mark Berninger commented: "Intellectual property is the key to the valuation and long-term competitiveness of young biotechnology companies. I have been impressed by the range and quality of intellectual property that Oxford BioMedica owns and the quality of research that has gone into developing it into technology platforms, product components and potential products. I expect to be heavily involved in presenting the company to new partners and potential collaborators around the world with a special emphasis on exploiting opportunities in North America."



Notes

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.

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For further information contact:

 

Oxford BioMedica plc
Professor Alan Kingsman, Chief Executive

Tel: +44 (0) 1865 783 000

City/Financial Enquiries
Mike Wort, Mexal Communications

Tel: +44 (0) 171 432 0394

Scientific/Trade Enquiries
Emma Johnson, Michaela Mahon, HCC•De Facto Group

Tel: +44 (0) 171 496 3300

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