Agreement
Oxford Biomedica PLC
6 June 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 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 ANNOUNCES COLLABORATION EXTENSION WITH
AVENTIS PHARMACEUTICALS INC. ON GENE THERAPY FOR
CARDIOVASCULAR DISEASE
Oxford, UK - 6 June 2000: Oxford BioMedica plc announced
today that it had extended the scope of its collaboration
with Aventis Pharmaceuticals Inc. (formerly Rhone Poulenc
Rorer).
The original agreement with Oxford BioMedica, signed in
December 1998, gave Aventis Pharmaceuticals rights to use
Oxford BioMedica's Hypoxia Response Element (HRE) in gene
therapy products for cardiovascular disease. Aventis
Pharmaceuticals is developing products for coronary artery
disease and peripheral arterial disease as part of its
cardiovascular gene therapy programme. The HRE is being
used as a switch to regulate gene expression in these
product programmes.
Under a new agreement, Aventis Pharmaceuticals will also
have access to BioMedica's proprietary LentiVectorr gene
delivery vectors in cardiovascular gene therapy product
research and development programmes.
In addition, Aventis Pharmaceuticals has exercised an option
under the agreement of December 1998 to include an
additional angiogenic gene in its development of
cardiovascular disease products using BioMedica's HRE.
Commenting on the agreement with Aventis Pharmaceuticals,
Alan Kingsman, BioMedica's Chief Executive said:
'Oxford BioMedica has a long-standing relationship with
Aventis Pharmaceuticals dating back to 1997, in both gene
therapy and genomics R&D. We are pleased with the progress
we have made in these interactions with Aventis
Pharmaceuticals and are particularly pleased that Aventis
Pharmaceuticals has chosen to extend, in two ways, the
collaboration with us in cardiovascular disease.
'This new deal also further strengthens our belief in the
value and versatility of our LentiVectorr technology in a
range of therapeutic and genomics areas. Aventis
Pharmaceuticals has access to world-class gene therapy
technology through its Gencell group, and it is an
endorsement of BioMedica's leading position in this field
that they have again chosen to work with our product
components.'
Notes to Editors
1. Oxford BioMedica plc
Established in 1995, the Company specialises in the
development and application of gene-based therapeutics
using advance gene delivery technologies for the
treatment of disease in the areas of oncology, viral
infection and neurodegenerative disease. Oxford
BioMedica plc was floated on the UK Alternative
Investment Market of the London Stock Exchange in
December 1996.
2. Aventis Pharmaceuticals Inc.
Aventis Pharmaceuticals is the U.S. business of Aventis
Pharma AG, the pharmaceutical company of Aventis S.A.
(NYSE:AVE). Aventis Pharmaceuticals, with headquarters
in Parsippany, N.J., focuses its activities on
important therapeutic areas such as cardiology,
oncology, anti-infectives, arthritis, allergy and
respiratory, diabetes, and the central nervous system.
Aventis Pharma is dedicated to treating and preventing
human disease through the discovery, development,
manufacture, and sale of innovative pharmaceutical
products aimed at fulfilling unmet medical needs. The
corporate headquarters of Aventis Pharma is in
Frankfurt, Germany. Aventis Pharma comprises Aventis
Pasteur, a world leader in vaccines, with corporate
headquarters in Lyon, France, and Aventis Behring, a
world leader in therapeutic proteins, with corporate
headquarters in King of Prussia, Pa.
Aventis S.A., one of the world's leading life sciences
companies, is focused on two core business areas:
pharmaceuticals and agriculture. With global corporate
headquarters in Strasbourg, France, Aventis employs
nearly 90,000 people in 120 countries. Aventis S.A. was
launched in December 1999 through the merger of Hoechst
AG and Rhone-Poulenc S.A.
3. Hypoxia Response Element in Aventis Pharmaceuticals
gene therapy products
The Hypoxia Response Element, to which Oxford BioMedica
has exclusive rights, is a sophisticated control
mechanism that can switch genes on or off in response
to oxygen levels in the tissues of the body. Aventis
Pharmaceuticals will use HRE in gene therapy approaches
to treat coronary artery disease and peripheral
arterial disease by stimulating growth of new blood
vessels in areas where existing blood vessels have
become diseased, and have ceased to function. Hypoxia
is an intrinsic phenotype of ischaemic diseases. The
HRE system is designed to ensure that any new blood
vessels will grow only where they are needed and will
not continue to grow once a normal blood supply has
been established.
Under the December 1998 agreement, Oxford BioMedica
could receive payments up to $18 million through a
combination of access, milestone and research funding
payments and equity subscriptions, in addition to
royalties on sales of products containing the HRE once
they reach the market. Financial details of the new
collaborative agreement have not been disclosed.
4. LentiVectorsr
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 new and potentially 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. However, their main
advantage over retroviruses is the ability to function
in non-dividing cells or cells that are dividing slowly
- a feature of many tissues of the body. In addition,
BioMedica has found that its LentiVectorsr do not give
rise to detectable adverse side effects including
inflammatory responses.
Lentivirus vectors are constructed from two sources:
primate viruses e.g. human or simian immunodeficiency
virus (HIV or SIV)
non-primate viruses e.g. feline and bovine
immunodeficiency viruses (FIV and BIV), and one of the most
simple, equine infective anaemia virus (EIAV). Oxford
BioMedica's pEGASUST vectors are based on EIAV.
Most lentiviral vector development to date has focused
on the HIV-1-derived system, as HIV is the most
thoroughly characterised of the lentiviruses. However
concerns over the use of HIV-based vectors for diseases
other than HIV infection are leading to the use of non-
primate viruses such as EIAV.
5. Worldwide web
This release is also available on the Worldwide Web at
http://www.oxfordbiomedica.co.uk