Research Update

Oxford Biomedica PLC 15 August 2000 2000/OB/18 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)207 606 1244 Scientific / Trade press Enquiries Sue Charles /Katja Stout, HCC.De Facto Tel: +44 (0)207 496 3300 OXFORD BIOMEDICA PRESENTS DISCOVERY OF NOVEL GENES RELEVANT TO CANCER, HEART DISEASE AND INFLAMMATORY DISEASE AT DRUG DISCOVERY CONFERENCE Oxford, England - 15 August 2000. Oxford BioMedica plc (AIM-OXB) today presented the discovery of a range of potentially valuable novel genes at an international conference entitled 'Drug Discovery Technology 2000' held in Boston, Massachusetts. Dr Paul Durrands, the Company's Commercial Director and head of BioMedica's newly created Gene Discovery Division presented results which show significant up-regulation of potentially important genes expressed in macrophages in hypoxic conditions which are associated with pathological conditions such as cancer, atherosclerosis and inflammatory diseases. BioMedica has identified 23 previously unknown genes and has also identified several known genes that had not previously been linked to these diseases. These are the first genes to be identified using BioMedica's proprietary Smartomics(TM) technology. This is a major achievement for the Company's Gene Discovery Division for which BioMedica recently raised funds. Macrophages are cells of the immune system that also play key roles in the pathogenesis cancer, atherosclerosis and inflammatory diseases such as arthritis. Common to all these diseases is that the macrophages act in regions of low oxygen concentration (hypoxia). The genes that BioMedica has identified are excellent targets for the development of new drugs. Commenting on the results, BioMedica's CEO, Professor Alan Kingsman said: 'We are very happy to be presenting the discovery of these genes at such an important US conference. This first application of our proprietary Smartomics(TM) technology has yielded very valuable information on novel genes, for which we are filing patents. We believe these genes will be of significant commercial interest.' 'The speed and success with which we have been able to identify these disease associated genes, is an important validation of our Smartomics(TM) technology. Now that we have our funding in place for gene discovery, BioMedica will be using Smartomics(TM) and the core LentiVector(TM) gene transfer technology to accelerate the identification and validation of a significant number of valuable target genes for a range of diseases including cardiovascular disease, cancer, neurodegenerative disease and arthritis.' Notes to Editors 1. 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, Immunotherapy, Neurobiology and Viral Infection. The Company raised £8.5m through a placing on 9 August 2000 to fund its new Gene Discovery Division. Oxford BioMedica plc was floated on the UK Alternative Investment Market of the London Stock Exchange in December 1996. 2. Smartomics(TM) Smartomics(TM) is a 'knowledge-based' system using BioMedica's gene delivery systems to improve the output of genomic and proteomic screens. The technology works by selectively amplifying the activity of disease-related genes. This makes these important genes easier to identify and it provides more information on their function. The improved screening process allows the rapid identification of a more select group of genes, of which a much larger proportion are relevant to a particular disease. This should provide a faster route to product development, and products derived from the genes should be patented more effectively. In short, the Directors of BioMedica believe that Smartomics(TM) offers a powerful new route to extracting value from the genomics field. 3. LentiVector(TM) gene delivery systems In gene therapy, the aim is to deliver a gene and its necessary regulatory elements (the gene construct) to the cell surface, using a vector to mediate the transfer across the cell membrane and, in some cases, into the nucleus. A very powerful vector system is based on lentiviruses, which have similar features to retroviruses in the ease of manipulation, predictable integration and reliable gene expression and regulation. They do not take any viral genes into the target cell, and no inflammatory or other side effect is detectable. Their main advantage over retroviruses is the ability to function in non-dividing cells or cells that are dividing slowly - a feature of many clinically important tissues. 4. Worldwide web This release is also available on the Worldwide Web at http://www.oxfordbiomedica.co.uk
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