Therapeutic Genes for Treatment of Cancer Acquired

Oxford Biomedica PLC 2 May 2000 For further information, please contact: Oxford BioMedica plc Professor Alan Kingsman, Chief Executive Tel: +44 (0)1865 783 000 City/Financial Enquiries: David Simonson/Melanie Toyne Sewell Merlin Financial Communications Tel: +44 (0)207 606 1244 Scientific/Trade Press Enquiries: Sue Charles/Sarah Pattinson, HCC.De Facto Group Tel: +44 (0)207 496 3300 OXFORD BIOMEDICA ACQUIRES NOVEL THERAPEUTIC GENES FOR TREATMENT OF CANCER AND OTHER DISEASES Oxford, UK - 2 May 2000: Oxford BioMedica announced today that it has signed an agreement with the UK Microbiological Research Authority Centre for Applied Microbiology and Research (CAMR) granting BioMedica exclusive rights to a series of novel genes isolated by CAMR scientists. The genes encode a family of enzymes known as nitroreductases which can be used in enzyme/prodrug activation, a potent gene therapy strategy. A prodrug is a compound that is taken in an inactive form. After administration to a patient, it can be converted into an active, often very powerful drug. Using BioMedica's proprietary gene delivery systems, nitroreductase genes can be delivered to the site where therapy is needed. The nitroreductase enzyme encoded by the gene then converts a prodrug in the target tissue into an active form that mediates the therapeutic effect. This approach means that the active drug is only present in high concentration in the tissue where it is needed. This maximises the efficacy of the drug and minimises adverse side effects. Diseases such as cancer, heart disease and arthritis may be treated in this way using gene therapy. The agreement between BioMedica and CAMR gives BioMedica exclusive rights to a number of genes in return for research funding, an up-front fee, milestones and royalties on future revenues. Commenting on the agreement BioMedica's Chief Executive, Prof. Alan Kingsman said: 'This is an excellent deal that complements our existing strengths in enzyme prodrug therapy. The CAMR team has done a magnificent job in isolating and characterising these enzymes and their genes. These CAMR nitroreductases are the most active of their kind that are available. They are many times more potent than other enzymes that have been used before and we anticipate taking them into clinical trials very quickly'. Dr Roger Gilmour, Chief Executive of CAMR said: 'Oxford BioMedica is the UK's premier gene therapy company, and we are delighted to have them as partners for this important technology, given their proven expertise in the clinical development of gene-based enzyme/prodrug activation therapies.' Notes to Editors 1. Oxford BioMedica: Established in 1995, the Company specialises in the development and application of gene-based therapeutics using advanced gene delivery technologies for the treatment of disease in oncology, viral infection and neurodegenerative disease. Oxford BioMedica plc was floated on the UK Alternative Investment Market of the London Stock Exchange in December 1996. 2. CAMR is an UK Government research organisation which is internationally recognised for its unrivalled experience with pathogenic organisms, providing a combination of specialist expertise and resources. Core activities are centred on the research, development and production of highly purified biopharmaceutical products, vaccines and other biologically active compounds. It is also rapidly developing a reputation for efficient management and licensing of commercially useful technology. 3. Oxford BioMedica's enzyme/prodrug clinical trials: Oxford BioMedica is currently conducting a Phase I/II clinical trial of MetXia-P450(TM), a proprietary product for the treatment of solid tumours, in late-stage breast cancer patients. A second Phase I/II clinical trial of MetXia-P450(TM) in ovarian cancer patients has been approved by the UK Medicines Control Authority and is planned to start shortly. MetXia-P450(TM) is a gene therapy product which delivers the CYP2B6 gene to solid tumours. The cytochrome P450 enzyme encoded by CYP2B6 activates the anti-cancer prodrug cyclophosphamide. 4. This release is also available on the World Wide Web at: http://www.oxfordbiomedica.co.uk
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