Licensing Agreement

Oxford Biomedica PLC 19 December 2006 For Immediate Release 19 DECEMBER 2006 OXFORD BIOMEDICA EXPANDS LICENSING AGREEMENT FOR LENTIVECTOR(R) TECHNOLOGY WITH MAJOR PHARMACEUTICAL COMPANY Oxford, UK - 19 December 2006: Oxford BioMedica (LSE: OXB), a leading gene therapy company, today announced that it has expanded an existing licence agreement for its LentiVector technology with a major multinational pharmaceutical company. The amendment broadens the agreement from an annual license for use of Oxford BioMedica's gene delivery technology for research activities in the USA to a world-wide perpetual license. Under the terms of the amended agreement, Oxford BioMedica will receive a one-time undisclosed payment from the licensee. Further financial details were not disclosed. Oxford BioMedica's lentivirus-based gene delivery technology, known as LentiVector, is one of the most powerful technologies for the delivery of genes to a wide range of cell and tissue types. The LentiVector technology has applications both in therapeutic products and as a drug discovery tool for target validation and the creation of targeted disease models. Oxford BioMedica has a comprehensive portfolio of US and European patents that cover the technology. The Company has an active licensing programme providing access to its LentiVector technology on a non-exclusive basis primarily. Licensees include Biogen Idec, Merck & Co and Pfizer. -Ends- For further information, please contact: Oxford BioMedica plc: Tel: +44 (0)1865 783 000 Professor Alan Kingsman, Chief Executive City/Financial Enquiries: Tel: +44 (0)20 7466 5000 Lisa Baderoon/ Mark Court/ Mary-Jane Johnson Buchanan Communications Scientific/Trade Press Enquiries: Tel: +44 (0)20 3008 7555 Gemma Bradley/ Susan Yu/ Katja Stout Northbank Communications Notes to editors 1. Oxford BioMedica Oxford BioMedica (LSE: OXB) is a biopharmaceutical company specialising in the development of novel gene-based therapeutics with a focus on 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 two clinical candidates and a preclinical targeted antibody therapy, which is being developed in collaboration with Wyeth. The Company has started Phase III development of its lead cancer immunotherapy product, TroVax, in renal cancer and multiple Phase II trials in various cancer settings are ongoing or planned. In neurotherapy, the Company's lead product, ProSavin, is expected to enter clinical trials in Parkinson's disease in 2007. The preclinical pipeline includes gene-based products for vision loss, motor neuron disease and nerve repair. 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 70 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, Sigma-Aldrich, Viragen, MolMed, Virxsys and Kiadis; and has licensed technology to a number of companies including Merck & Co, Biogen Idec and Pfizer. Further information is available at www.oxfordbiomedica.co.uk 2. LentiVector technology 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 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(R) for Parkinson's disease, RetinoStat(R) for retinopathy, MoNudin(R) for motor neuron disease, SMN1-G for spinal muscular atrophy and Innurex(R) for nerve repair. 3. Sigma-Aldrich Sigma-Aldrich is a leading Life Science and High Technology company. Its biochemical and organic chemical products and kits are used in scientific and genomic research, biotechnology, pharmaceutical development, the diagnosis of disease and as key components in pharmaceutical and other high technology manufacturing. The Company has customers in life science companies, university and government institutions, hospitals, and in industry. Over one million scientists and technologists use its products. Sigma-Aldrich operates in 35 countries and has 7,200 employees providing excellent service worldwide. Sigma-Aldrich is committed to Accelerating Customer Success through Leadership in Life Science, High Technology and Service. For more information about Sigma-Aldrich, please visit its award-winning website at www.sigma-aldrich.com This information is provided by RNS The company news service from the London Stock Exchange
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