Human Genome/Patenting

Oxford Biomedica PLC 16 March 2000 For further information, please contact: Oxford BioMedica plc Professor Alan Kingsman, Chief Executive Tel: +44 (0)1865 783 000 City / Financial Enquiries: David Simonson / Melanie Toyne Sewell Merlin Financial Communications Tel: +44 (0)171 606 1244 Scientific / Trade press Enquiries Sue Charles / Sarah Pattinson, HCC.De Facto Tel: +44 (0)171 496 3300 OXFORD BIOMEDICA PLC COMMENT ON HUMAN GENOME / PATENTING ISSUE Oxford, England - 15 March 2000. Oxford BioMedica has noted the recent news items concerning the public availability of human genome data which have coincided with a large adjustment of biotech share prices. As the UK's leading gene-based therapy company Oxford BioMedica would like to comment on three key aspects of these news items in relation to the Company and to the sector as a whole. 1. Gene discovery vs. gene use There is a major distinction between gene discovery and gene use. There are about 200,000 genes in the human genome and they are there to be discovered which is the goal of the human genome project and related activities. In general, discoveries cannot, and we believe should not, be patented. However, if one takes a discovery and uses it to make a product, the product is a patentable invention. This was clearly endorsed in the statements by President Clinton and Tony Blair. Consequently, when a company such as BioMedica takes a gene and places it into a modified virus to produce a gene therapy product or a tumour vaccine product, that product is patentable and BioMedica has many such patents. 2. Human genome data availability The public availability of the human genome data is an advantage, not a disadvantage, to companies such as Oxford BioMedica that develop new therapies, because they are able to use the data in their product development programmes. BioMedica is able to access all of these data and use the information to design and build new gene-based products. In many cases entirely new, artificial genes will be constructed from information contained in the natural genes discovered by the genome programme. These new artificial genes are inventions, not discoveries, and are therefore patentable. BioMedica has several patents covering artificial genes. 3. Effect on product pipelines Many companies in the sector, including Oxford BioMedica are not dependent on the human genome data for their current product pipeline. Products under development are usually based on information that is already available and has not come from human genomics. Therefore, the free availability of human genome data should not negatively impact on their valuations. Even gene-based companies like BioMedica have sufficient genes to feed their product development pipelines for the present. In the future, Oxford BioMedica looks forward to using the human genome discoveries to accelerate the development of new patentable medicines for major unmet medical needs. Background information Oxford BioMedica plc Established in 1995, the Company 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. Worldwide web This release is also available on the Worldwide Web at http://www.oxfordbiomedica.co.uk
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