Oxford Biomedica PLC
20 January 2000
The issuer has advised that the 'Collaboration Agreement Signed' announcement
released today at 11:08 under RNS No 1156E contained a number of errors.
A full corrected version of the announcement is shown below with asterisks (*)
denoting paragraphs amended.
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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
IDM S.A.
Jean-Loup Romet-Lemonne, MD, President and CEO
Tel: +33 (0)1 40 09 04 11
*OXFORD BIOMEDICA AND IDM ANNOUNCE STRATEGIC COLLABORATION
TO DEVELOP NEW CELL-BASED THERAPY PROGRAMMES
*Oxford, England, and Paris, France - 20 January 2000.
Oxford BioMedica plc (AIM-OXB) and Immuno-Designed
Molecules S.A. (IDM) today announced that they have
signed an agreement, whereby the two companies will co-
develop new cell-based therapy programmes. This collaboration underlines
Oxford BioMedica's strategy of applying its core gene therapy technology to
other fields including that of gene-based immunotherapy.
*Cell-based therapy is a powerful approach to fighting
diseases including cancer that uses cells from a
patient's own immune system. It works by
removing cells from a patient, manipulating them to increase their immune
potential, and re-introducing them to the patient.
Oxford BioMedica has developed novel methods for genetic
engineering of patients' immune cells for the treatment
of tumours. It is also developing therapeutic cancer
vaccines which use potent tumour antigens.
*IDM has developed Cell Drugs which are produced using
patient-dedicated Cell Processors. IDM's Cell Processor
technology allows the safe manipulation of patients'
immune cells to become a routine hospital process, so
speeding up the clinical development of cell-based
therapy.
*The combination of the two company's technologies
will create new product programmes which should move rapidly into clinical
development. Early products from the collaboration could be a series of novel
vaccines against cancer and other diseases. Under the terms of the
collaboration Oxford BioMedica and IDM will jointly develop novel
therapeutics, and will share the revenues from such products. This agreement
should extend the reach of each company's technologies into new therapeutic
markets.
*Commenting on the collaboration, BioMedica's Chief
Executive, Professor Alan Kingsman, said:
'IDM have developed a leading position in cell-based
therapy with their clinically approved cell processor.
This will make cell-based therapy a reality and provide
us with a means of getting our technologies such as
MacroGen and LentiVectors into cell-based products
much faster. This is an excellent deal and it fits well
with our increasing activity in immunotherapy via gene
delivery.'
*Dr. Jean-Loup Romet-Lemonne, IDM's President and CEO,
said:
'BioMedica has first class gene transfer technology and
some novel approaches to identifying new tumour antigens.
Together, we can develop new exciting Cell Drugs in the field of immunotherapy
that would not otherwise have been possible.'
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 Neurobiology.
Oxford BioMedica plc was floated on the UK
Alternative Investment Market of the London Stock
Exchange in December 1996. For more information
about the company visit its Web site at
http://www.oxfordbiomedica.co.uk
*2. IDM
IDM is a privately owned biopharmaceutical company
developing new cell and gene therapy treatments to
fight cancer and other life-threatening diseases.
IDM applies its proprietary technologies to
selectively isolate, engineer, expand and activate
specific cell populations which are involved in
therapeutic vaccination. IDM's products are designed
to boost the immune system, destroy residual tumour
cells, and immunise patients to prevent
tumour recurrence. For more information about the
company visit its Web site at http://www.idm-
biotech.com.
*3 IDM Cell Processors
IDM's cell processors are single-use medical devices
which contain all the necessary chemicals, devices,
and quality control reagents for the preparation of
standardised cell therapy products. An additional
key feature of IDM's cell processors is their
accompanying Lab Quality System software designed to
guide the user at every stage in the cell
preparation process, providing built-in safeguards
to ensure the final product meets or exceeds
required quality specifications for autologous
immunotherapy. IDM's MAK Cell Processor has
received CE Marking and is currently being used to
prepare Cell Drugs in several clinical trials.
4 Gene-based Immunotherapy
Gene-based immunotherapy seeks to treat disease by
modulating (either increasing or reducing) a
patient's immune responses using advanced gene
delivery techniques. Immune responses are an
important factor in the development of a wide range
of diseases including cancer, auto-immune diseases
such as arthritis and infectious disease.
*5 Oxford BioMedica's LentiVector and MacroGen Technology
Through its proprietary LentiVectorT systems Oxford
BioMedica is able to efficiently deliver therapeutic
genes to a wide range of cell types, including cells
of the immune system.
The MacroGen programme uses advanced gene delivery
techniques to introduce therapeutic genes to
macrophages, an important class of white blood
cells. Macrophages modified in this way have
properties which make them important candidates for
the treatment of diseases including cancer and auto-
immune diseases.
6 Worldwide web
This release is also available on the Worldwide Web
at http://www.oxfordbiomedica.co.uk
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Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
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