Re Agreement

Oxford Biomedica PLC 25 July 2002 25 July 2002 OXFORD BIOMEDICA PLC AND ARUIS RESEARCH INC. SIGN COLLABORATIVE PROGRAMME IN TUMOUR IMMUNOTHERAPY Oxford, United Kingdom and Toronto, Canada - 25 July 2002. Oxford BioMedica plc (LSE:OXB) ('BioMedica') and ARIUS Research Inc ('ARIUS) of Canada announced today a research and development collaboration to search for targets and develop novel products to treat cancer. Under the collaboration ARIUS will supply BioMedica with a range of 50 functional anti-tumour antibodies that it has identified using a unique novel approach. BioMedica will characterise the antibodies and identify the cognate antigens by employing a range of proprietary technologies from its gene discovery and immunotherapy programmes. The antigens and antibodies will be developed for use in immunotherapeutic approaches to the treatment of cancer. New products, such as vaccines or therapeutic antibodies, will be developed by the two companies or in conjunction with pharmaceutical partners. The appetite, within the pharmaceutical industry for cancer therapies that make use of tumour specific antibodies or vaccines is increasing substantially. It has been estimated that the therapeutic antibody market alone will have grown to $4 billion by the end of 2002 and is set to rise steadily over the next 10 years. BioMedica is already a significant player in this field with its $24 million antibody deal with Wyeth and its very successful clinical trial results with the Company's proprietary therapeutic vaccine TroVax(R). BioMedica has both the technical skills to develop these products and the business development experience to market them to larger pharmaceutical companies. If successful, TroVax(R) could reach the market in 4-5 years with sales exceeding $1 billion. Similarly, the Wyeth collaboration could yield a product of similar significance within a comparable time frame. The new collaboration between BioMedica and ARIUS is designed to provide a pipeline of cancer immunotherapy products that will be marketed jointly to the industry once proof of principle is established. The first output from the collaboration is expected within a year. Commenting on the collaboration, BioMedica's chief executive, Prof. Alan Kingsman said: 'This is a excellent opportunity for Oxford BioMedica. The collaboration with ARIUS offers the unique ability to generate novel cancer immunotherapy products by utilising our in-house immunology and gene discovery platforms alongside ARIUS' novel technology for discovering functional antibodies'. Commenting on the collaboration ARIUS's chief executive, David Young said: 'ARIUS is delighted at the prospect of a collaborative development with Oxford BioMedica as one that will add value to our core expertise in functional antibody generation by characterising the target antigens.' 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: (01865) 783 000 City/Financial Enquiries: Mike Wort, James Chandler: Beattie Financial Tel: (020) 7398 3300 Scientific/Trade Press Enquiries: Sue Charles, Katja Stout: Charles Consultants Tel: (020) 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 Canadian Venture Exchange 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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