Grant Awarded

Oxford Biomedica PLC 17 December 2002 17 December 2002 OXFORD BIOMEDICA PLC AWARDED $0.5 MILLION GRANT FOR MOTOR NEURON DISEASE PROGRAMME Oxford, UK 17 December 2002 - Oxford BioMedica Plc (LSE: OXB) announced today that it has been awarded a grant of $0.5 million to support its motor neuron disease (MND) programme. The grant comes from the USA charity Andrew's Buddies/ FightSMA, which is dedicated to the development of treatments for Spinal Muscular Atrophy (SMA), a form of motor neuron disease that is one of the most common causes of death in childhood. SMA is caused by a defect in the SMN-1 gene. It affects 1 in every 6,000 births and 1 in 40 people are carriers. The defect leads to a degeneration of motor neurons in the spinal cord with concomitant systemic loss of muscle function. In the most severe form of the disease, weakness of the respiratory muscles results in death usually before the age of two years. The product strategy is to replace the defective gene using the Company's proprietary LentiVector(R) carrying the SMN-1 gene. Oxford BioMedica retains all commercial rights arising from the grant-funded programme and the Company anticipates having a clinical stage product within two years The SMA product is part of Oxford BioMedica's motor neuron disease programme that also includes the development candidate MoNuDin TM for the most common form of MND, amyotrophic lateral sclerosis (ALS). ALS has an estimated market of $200 million. Both products use Oxford BioMedica's proprietary LentiVector(R) gene delivery technology and are at the preclinical stage of development. At present there are no products that make a major impact on these devastating diseases. 'We are delighted to fund this ground-breaking initiative. The work of Oxford BioMedica breathes new hope into the lives of countless parents and their children who suffer with SMA.' said Martha Slay, president of Andrew's Buddies/ FightSMA. Commenting on the grant from Andrew's Buddies/FightSMA, Oxford BioMedica's Chief Executive, Professor Alan Kingsman said; 'The development of novel products for neurological disease is the largest growth area in pharmaceutical research. Oxford BioMedica has an exceptional capability in this area and is developing a pipeline of products of which the lead is ProSavin(R) for Parkinson's disease. We are delighted that Andrew's Buddies/FightSMA have recognised the quality of our technology and we look forward to working together towards an effective treatment for this inherited disease that brings so much sorrow to afflicted families'. -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 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 Amersham, Arius, Aventis, IDM, 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. World Wide Web Further information is available on the World Wide Web at http:// www.oxfordbiomedica.co.uk This information is provided by RNS The company news service from the London Stock Exchange
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