New Development Partner

Oxford Biomedica PLC 24 October 2002 For immediate release 24 October 2002 ARIUS RESEARCH INC AND OXFORD BIOMEDICA PLC. COLLABORATION ATTRACTS FIRST DEVELOPMENT PARTNER IN PROTEIN DESIGN LABS INC. Oxford, United Kingdom and Toronto, Canada - 24 October 2002. Oxford BioMedica plc (LSE:OXB) ('BioMedica') announced today that the research and development collaboration with ARIUS Research Inc (YAR) (Canada), which began on 25 July 2002 to search for targets and develop novel products to treat cancer, has attracted a development partner, Protein Design Labs, Inc (PDL) for two of the antibodies. PDL, located in Freemont, California, is a leading player in the development of humanized monoclonal antibodies for the prevention and treatment of disease. Under the ARIUS collaboration BioMedica will identify the cognate antigens for H460-16-2 and ARH460-22-1, two of the fifty ARIUS antibodies that are the subject of the BioMedica/ARIUS collaboration. PDL has the option to humanize, develop and market the two antibodies. ARIUS would receive, should PDL exercise its option to license the antibodies, licensing fees and milestone payments, contingent upon future development outcomes. BioMedica would be entitled to a percentage royalty on any income from the PDL deal. The collaboration between BioMedica and ARIUS is designed to provide a pipeline of cancer immunotherapy products that will be marketed jointly to the industry. This new agreement with PDL is the first to arise form these efforts. ARIUS initially presented favourable pre-clinical results for ARH460-22-1 and ARH460-16-2 in July 2002 at a meeting of the International Union against Cancer in Oslo, Norway. This agreement represents significant external validation of ARIUS' technology for developing anti-cancer antibodies and highlights the immediate value of the collaborative programme between BioMedica and ARIUS. Commenting on the collaboration, BioMedica's chief executive, Prof. Alan Kingsman said: 'The PDL agreement comes less than three months after ARIUS announced a separate joint venture agreement with BioMedica. This deal confirms the value of our collaboration with ARIUS and we hope that more deals are to follow in the future.' Commenting on the collaboration ARIUS's chief executive, David Young said: 'These agreements illustrate the opportunities and value in our library and approach to partnering. Partnering with BioMedica gives both companies new opportunities through rapid target identification and PDL will help realise the potential from the antibody and its target through their strength ad drug development.' Background: It is now well established that tumours display unique proteins or over-express normal proteins on their surface that can act as antigens or targets for the immune system. They are called Tumour Associated Antigens (TAA's). Normally the immune system fails to react to these proteins and an immune response is not normally observed in cancer. However, it is possible using immunotherapy to target these antigens either using therapeutic antibodies or vaccines and generate a therapeutic anti-cancer response. ARIUS has produced functional antibodies against tumour tissues that are the subject of this collaboration. Oxford BioMedica has expertise in the identification of TAA's and the development of antibody and vaccine therapies for the treatment of cancer. -Ends- For further information, please contact: Oxford BioMedica plc Professor Alan Kingsman, Chief Executive Tel: +44 (0)1865 783 000 City/Financial Enquiries: Mike Wort, James Chandler: Beattie Financial Tel: +44 (0)20 7398 3300 Scientific/Trade Press Enquiries: Sue Charles, Katja Stout: Charles Consultants 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 is an international biotechnology company with a diverse portfolio of products and technology, specialising in gene-based products and technology in the areas of cancer, neurological disease, cardiovascular disease and blood disorders. This is underpinned by over 70 patent families, about quarter of which are issued. 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. Oxford BioMedica is headquartered in Oxford, UK and has a wholly-owned subsidiary in San Diego, USA Currently Oxford BioMedica has corporate collaborations with Aventis, IDM, Amersham, Valentis, Virbac and Wyeth. BioMedica has two products in Phase I/II clinical trials: MetXia(R) for late-stage breast cancer, and TroVax(R) for late-stage colorectal cancer. 2. About ARIUS Research ARIUS Research Inc. is a medical biotechnology company committed to the rapid discovery and development of functional anti-cancer antibodies. To date, through its proprietary approach to antibody generation, ARIUS has established a library of over 100 functional antibodies. Current research is focused on breast, colorectal, lung cancer and melanoma. Working independently and through partnerships, ARIUS intends to expand its research into related areas, including other gastro-intestinal cancers, ovarian and prostate cancers. The long-term vision of the company is to deliver personalised therapy through groups of monoclonal antibodies. Shares of ARIUS Research Inc. are traded on the TSX under the symbol 'YAR' 3. World Wide Web Further information is available on the World Wide Web at http:// www.oxfordbiomedica.co.uk and at www.ariusresearch.com. This information is provided by RNS The company news service from the London Stock Exchange
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