Trovax Update & Clarification

Oxford Biomedica PLC 31 July 2006 For immediate release 31 July 2006 OXFORD BIOMEDICA PLC ('Oxford BioMedica' or 'the Company') UPDATE AND CLARIFICATION on TROVAX Oxford, UK - 31 July 2006: Oxford BioMedica (LSE:OXB), a leading gene therapy company, today issues an update on TroVax, the Company's leading cancer immunotherapy product. The update provides information on progress with clinical trial programmes and a marketing partner deal for TroVax. The Board is pleased to confirm that the TroVax clinical development plan is on track with appropriate regulatory submissions being made and trial centres for the phase III TRIST study being set up in the US and Western and Eastern Europe. Other product development programmes are also progressing according to plan. A full update will be given with the Company's interim results on 5 September 2006. A number of shareholders have asked for information on progress towards a TroVax deal. The Company is in active discussions with a number of potential commercial partners for TroVax. Inevitably those discussions are highly sensitive. All the potential partners are substantial companies and have the capability to support the Company's plans for TroVax and the successful marketing of this product. Clarification as regards Therion Biologics The Company has noted some speculation in the market that the failure of clinical trials of PANVAC-VF, developed by the privately owned United States company, Therion Biologics, might suggest that phase III trials of TroVax will not be successful. Although the Directors do not have access to detailed information on the PANVAC-VF study, they wish to make the following comments: • While PANVAC-VF uses a similar viral delivery system to TroVax, the active antigenic components of TroVax are completely different to those used in PANVAC-VF. PANVAC-VF comprises CEA and Muc-1 whereas TroVax comprises the Company's proprietary antigen, 5T4. • The PANVAC-VF phase III study was in pancreatic cancer patients who had already failed chemotherapy. This is a particularly challenging target where no product has shown a survival benefit. In the case of a vaccine the problem is that the patients' disease advances significantly before a strong immune response has time to be established by the product. The planned TroVax phase III TRIST trial is in advanced renal cell cancer patients who will have received no prior therapy for their metastatic disease and who have a median survival, with current care, of about 12 months. As has been shown in a number of phase I/II and phase II studies of TroVax, this is ample time for an immune response to be established. In summary, the Directors do not believe that data from the PANVAC-VF trial have a significant bearing on the future of TroVax. -Ends- For further information, please contact: Oxford BioMedica plc: Professor Alan Kingsman, Chief Executive Tel: +44 (0)1865 783 000 City/Financial Enquiries: Lisa Baderoon/ Mark Court/Mary-Jane Johnson Tel: +44 (0)20 7466 5000 Buchanan Communications Scientific/Trade Press Enquiries: Katja Stout/ Susan Yu/Gemma Bradley Tel: +44 (0)20 7886 8150 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 candidates in multiple Phase II trials, and a preclinical targeted antibody therapy in collaboration with Wyeth. A Phase III trial in renal cancer with TroVax, the lead cancer immunotherapy candidate, is expected to start in the second half of 2006. In neurotherapy, the Company's lead product is a gene therapy for Parkinson's disease, which is expected to enter clinical development in 2006, and four further preclinical candidates. 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. TroVax(R) TroVax is Oxford BioMedica's leading cancer immunotherapy product. It is designed specifically to stimulate an anti-cancer immune response and has potential application in most solid tumour types. TroVax targets the tumour antigen 5T4, which is broadly distributed throughout a wide range of solid tumours. The presence of 5T4 is correlated with poor prognosis. The product consists of a poxvirus (MVA) gene transfer system, which delivers the gene for 5T4 and stimulates a patient's body to produce an anti-5T4 immune response. This immune response destroys tumour cells carrying the 5T4. TroVax has attracted external support from Cancer Research UK and the US National Cancer Institute. Over 120 patients have now been treated with TroVax in eight clinical trials (collectively over 450 doses). The Company is targeting colorectal cancer and renal cell carcinoma (RCC) as lead indications for the development of TroVax. Renal cell carcinoma is an indication where TroVax might achieve a rapid route to product registration. A clinical trial in prostate cancer is also underway and a trial in breast cancer is planned. This information is provided by RNS The company news service from the London Stock Exchange
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