Joint Programme Agreed

Oxford Biomedica PLC 28 January 2003 28 January 2003 OXFORD BIOMEDICA AND KIADIS AGREE COLLABORATIVE PROGRAMME ON WOUND HEALING New Alliance to focus on the discovery and development of novel compounds for wound healing Oxford, United Kingdom and Leiden, The Netherlands. 28 January 2003 - Oxford BioMedica plc ('Oxford BioMedica') and Kiadis BV ('Kiadis') have agreed a joint programme directed, in the first instance, at wound healing. The global market for wound healing is estimated to be in excess of $1 billion. Oxford BioMedica has used its Focused Target Identification platform to identify an enzyme that is central to the control of blood vessel growth, an essential feature of effective wound healing. Inhibition of this enzyme is likely to be of value in several disease conditions with particular emphasis in cardiovascular indications. Wound healing will be the initial focus because this provides a clear route to move towards clinical trials within a short period. Relevant clinical applications include the treatment of debilitating non-healing ulcers that occur in diabetic patients and the management of non-healing wounds occurring as a consequence of cancer radiotherapy. As part of the collaboration, Kiadis will apply its proprietary High Resolution Screening (HRS) technology to identify novel molecules that interact with the enzyme from complex mixtures of molecules derived from either natural products or synthetic libraries (e.g. pooled single compounds). Oxford BioMedica will characterise molecules identified by Kiadis as part of the product optimisation process. The goal will be to produce a small molecule that has demonstrable efficacy in both preclinical and clinical studies and to license that molecule to an industry partner for commercialisation. Alan Kingsman (CEO, Oxford BioMedica) said, 'We are delighted to be combining our first output from the Target Identification programme with such creative chemistry. Kiadis is using a completely novel approach to small molecule discovery. We anticipate finding novel products that address the substantial unmet market for effective wound healing'. Steve Long (Director Drug Discovery, Kiadis) said, 'Kiadis has the ability to screen molecules with an enormous chemical diversity and rapidly optimise chosen lead molecules, so we are delighted to form this collaboration with Oxford BioMedica. Oxford BioMedica understands the target and has the correct expertise to identify the value of chosen molecules - a winning combination'. -Ends- For further information, please contact: Oxford BioMedica plc Professor Alan Kingsman, Chief Executive Tel: +44 (0)1865 783 000 Kiadis BV Dr Gerard Dijkstra, CEO Tel: +31 71 581 0000 City/Financial Enquiries: Mike Wort, James Chandler: Beattie Financial Tel: +44 (0)20 7398 3300 Scientific/Trade Press Enquiries: Sue Charles, Katja Stout: Northbank Communications Tel: +44 (0)20 7321 3870 Notes to Editors 1. Oxford BioMedica plc Established in 1995 as a spin out from Oxford University, Oxford BioMedica plc specialises in the development of novel gene-based therapeutics for the treatment of cancer, neuro-degenerative disease and other disorders with major unmet clinical needs. The development pipeline includes two novel anti-cancer products in clinical trials and a gene therapy treatment for Parkinson's disease, which is in late preclinical studies. This is underpinned by a broad research pipeline and over 70 patent families, about quarter of which are issued. Oxford BioMedica's products use genes as the mediators of a therapeutic effect and/or immune response. The Company's gene therapy products deliver therapeutic molecules in vivo whilst its gene-based immunotherapy products deliver genes that recruit the patient's immune system to mediate a therapeutic effect. The genes are delivered by the Company's highly engineered viruses or cells. BioMedica's lead product TroVax(R) is an anti-cancer therapeutic vaccine expected to be useful against a broad range of tumour types. It is entering Phase II trials in a number of indications including colorectal and renal cancer, and is expected to be ready for Phase III trials at the end of 2003. The Company's second cancer product, MetXia(R), is completing Phase I/II studies in breast cancer. Oxford BioMedica is headquartered in Oxford, UK and has a wholly-owned subsidiary in San Diego, USA. BioMedica has corporate collaborations with Wyeth, IDM, InterVet, Amersham and Arius Research. Oxford BioMedica plc was floated on the Alternative Investment Market of the London Stock Exchange in December 1996, and was promoted to the United Kingdom Listing Authority Official List in April 2001 following a successful £35.5 million fund-raising. Further information is available on the World Wide Web at http://www.oxfordbiomedica.co.uk 2. Kiadis BV Kiadis BV is a company that generates high quality; 'patentable' lead molecules from complex mixtures of compounds for optimisation and development. The Company aims to access the broadest chemical diversity possible by screening complex mixtures of molecules, e.g. derived from both Natural and Synthetic sources such as expanded (non-purified) combinatorial chemistry. Kiadis' unique and proprietary technology combines compound separation, with the biological evaluation and chemical characterisation of bioactive molecules in parallel, and has been industry validated through collaborations with Bayer, Monsanto and Unilever. The platform has two configurations: High Resolution Screening (HRS), which can be used to screen non-human-derived complex mixtures for active molecules against drug targets; and Orphan Target Screening (OTS), which can be used to screen human samples (blood, urine, tissue extracts) against orphan targets to identify endogenous ligands. Kiadis was founded in 1997 as a spin-off company from the Leiden / Amsterdam Center of Drug Research (University of Leiden). The company raised €6.5m in its first round of funding from Life Sciences Partners (Amsterdam, the Netherlands), Prelude Trust (Cambridge, UK), and Alafi Capital (San Francisco, CA). The company is located at the BioScience Park of the University of Leiden, the Netherlands. Further information is available on the World Wide Web at http://www.kiadis.com This information is provided by RNS The company news service from the London Stock Exchange
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