D2E7 Phase III Clinical Trials

Cambridge Antibody Tech Group PLC 4 February 2000 For Further Information Contact: Cambridge Antibody Technology Group plc Tel: +44 (0) 1763 263233 John Aston, Finance Director Dr. David Glover, Medical Director Rowena Gardner, Communications Manager HCC.De Facto Tel: +44 (0) 171 496 3300 City/Financial, Rebecca Hennessey Trade/Science, Nikul Odedra BASF Pharma Tel: +49 621 589 1428 Friederike Kanne D2E7 BECOMES THE FIRST FULLY HUMAN MONOCLONAL ANTIBODY INTO PHASE III CLINICAL TRIALS Melbourn, UK Cambridge Antibody Technology (CAT) today announces that BASF Pharma has initiated phase III trials of the fully human anti-TNF monoclonal antibody D2E7 in rheumatoid arthritis. D2E7 was initially isolated and optimised as part of a research collaboration between BASF Pharma and CAT. BASF Pharma is solely responsible for the preclinical/clinical development of the product and its marketing, pending successful completion of the pivotal studies and regulatory approval. Dr. David Chiswell, Chief Executive of CAT, commented ' D2E7 is the first fully human monoclonal antibody to enter phase III trials. Taken together with the three other human monoclonal antibodies developed with CATs technology also in clinical trials, it cements CATs technology as the leading technology platform in the development of fully human antibodies as drugs. Dr. Thorlef Spickschen, Head of BASF Pharma, commented ' The decision to start clinical phase III underlines our confidence in the clinical phase II data recently presented at the Annual Scientific Meeting of the American College of Rheumatology in Boston. At the same time, it demonstrates our strong commitment to the area of immunology.' The entry of D2E7 into phase III trials triggers a milestone payment from BASF Pharma to CAT. Notes to editors: 1. Cambridge Antibody Technology (LSE: CAT) is a UK biotechnology company using its proprietary technologies in fully human monoclonal antibodies for drug discovery and drug development. Based in Melbourn, 10 miles south of Cambridge, England, CAT currently employs around 150 people. In March 1997, CAT completed its initial public offering and listing on the London Stock Exchange, raising approximately £41 million. CAT has a world-leading platform technology for rapidly isolating fully human monoclonal antibodies using phage display systems. CAT has an extensive phage display antibody library, currently incorporating around 100 billion distinct antibodies. This library forms the basis for the company's strategy to develop a portfolio of clinical development programmes and for discovering new drug leads using functional genomics. Four fully human therapeutic antibodies developed by CAT are at various stages of clinical trials. CAT has a number of license and collaborative agreements in place with pharmaceutical and biotechnology companies including: Eli Lilly, Pfizer, BASF Pharma, Genentech, ICOS Corporation, Genetics Institute/BASF Pharma, Wyeth-Ayerst, Human Genome Sciences, AstraZeneca and Searle. 2. BASF Pharma represents the global pharmaceutical operations of BASF Aktiengeschellschaft, Germany. BASF Pharma achieved sales worth DM4.5 bn (EU2.3 bn) in 1998, an increase of 10 per cent over the preceding year. BASF Pharma has a global workforce of 13,000. 3. D2E7 belongs to a new class of medicines that neutralise TNF (tumour necrosis factor alpha). TNF is a cell communications protein that plays a role in the immune system. In rheumatoid arthritis, TNF accumulates disproportionately in the joints and initiates an inflammatory response that causes swelling, pain and joint damage, often rendering the patient unable to perform daily activities. Anti-TNF drugs neutralise this reaction by blocking the chemical message sent from cell to cell that results in joint inflammation and swelling. Essentially, D2E7 captures TNF and interrupts the process that can lead to the symptoms of RA. Rheumatoid arthritis is one of the most common forms of arthritis, affecting more than six million people worldwide.
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