Hardman & Co Res: BIVV deal establishes structure

RNS Number : 1529G

Oxford Biomedica PLC

28 February 2018

 

Hardman & Co Res: BIVV deal establishes structure

Bioverativ deal - establishes structure:  Oxford BioMedica (OXB) is a specialist advanced therapy lentivirus-based vector biopharma company. It offers vector manufacturing and development services and is developing its own proprietary drug candidates. In addition to LentiVector® service contracts, OXB will receive royalties on commercial therapies developed with its platform. This deal structure was established with Novartis for Kymriah™, the first approved CAR-T therapy, and has now been followed by a collaboration and licence agreement adopting a similar structure with Bioverativ Inc (BIVV), for the development and potential clinical supply of vector to treat haemophilia.

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