TroVax to Enter Phase II

Oxford Biomedica PLC 03 March 2003 OXFORD BIOMEDICA OBTAINS APPROVAL FOR TROVAX(R) TO ENTER PHASE II TRIALS FOR COLORECTAL CANCER Oxford, UK: 3 March 2003 - Oxford BioMedica (LSE:OXB) announced today that it had received ethical approval from the UK Gene Therapy Advisory Committee (' GTAC') for its therapeutic cancer vaccine, TroVax, to enter a Phase II clinical trial in patients receiving chemotherapy for colorectal cancer. The trial is planned to start within two months. TroVax is designed to stimulate a patient's immune system to recognise and destroy cancer cells. The product is based on a gene that encodes a protein, known as 5T4, which exists only on the surface of tumour cells and not on normal cells. When this gene is expressed by Oxford BioMedica's highly engineered virus-based delivery system, it induces a potent anti-tumour response. This means that cells and antibodies of the immune system seek out the tumour cells carrying 5T4 and destroy them. TroVax has successfully completed a Phase I/II trial in metastatic colorectal cancer patients and has been shown to be safe and well tolerated in these patients. Furthermore, TroVax was shown to be immunogenic, inducing anti-5T4 antibodies and T-cells in 11 out of 12 patients. In addition disease stabilisation, reduction in circulating tumour markers and tumour necrosis was observed in some patients. These data form the basis for moving into Phase II. The Phase II programme is designed to maximise the speed with which TroVax could reach a cancer market of reasonable size. The strategy is to continue to focus on colorectal cancer and to move quickly towards making TroVax ready for a Phase III efficacy study. The target population will not be the very late stage, post-chemotherapy group of the first trial but rather the somewhat earlier patient population receiving chemotherapy for the first time for metastatic or inoperable disease. The rationale is that TroVax might contribute to tumour reduction via immune system-mediated cell killing and this could be amplified in the presence of the cell death that is induced by chemotherapy. This would place TroVax alongside current first-line chemotherapy and provide a relatively simple, relatively short-term survival, or time-to-progression, end-point. In order to get to a Phase III study in combination with chemotherapy, a short Phase II study is required to show that TroVax induces an appropriate anti-5T4 response in this context. It is this study that has been approved by GTAC. GTAC has approved an open label Phase II trial in up to 15 patients of 5 doses of TroVax in patients receiving 5-fluorouracil, leukovorin and irinotecan. The end-points of the trial will be the immune response to TroVax and safety in conjunction with this chemotherapy. Therefore the trial is expected to last only 6 months after the recruitment of the last patient. The Company anticipates rapid recruitment because of the large number of patients fulfilling the entry criteria. The protocol is designed to give immunological readouts following vaccination before, during and just after completion of chemotherapy. The trials will take place at the Christie Hospital in Manchester and two other centres in the UK. The overall aim is to provide data to finalise the design of a Phase III protocol that could lead to product registration in 2007/8. If TroVax is successful in this context and achieves product registration for use in colorectal cancer patients receiving first line chemotherapy, it could command a market of between $0.5-1.0 billion. Commenting on GTAC's approval Chief Executive, Alan Kingsman said 'TroVax is an exciting product and it is very pleasing to see it progressing towards the market. Making TroVax a potential phase III product for 2004 should potentiate our ability to find the right partner for this product. The Company is also seeking approval for trials to study the use of TroVax for other cancers as part of the strategy to broaden the market potential of the product.' -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: Northbank Communications Tel: +44 (0)20 7321 3870 Notes to Editors Oxford BioMedica Established in 1995 as a spin out from Oxford University, Oxford BioMedica plc specialises in the development of novel gene-based therapeutics for the treatment of cancer, neuro-degenerative disease and other disorders with major unmet clinical needs. The development pipeline includes two novel anti-cancer products in clinical trials and a gene therapy treatment for Parkinson's disease, which is in late preclinical studies. This is underpinned by a broad research pipeline and over 70 patent families, about quarter of which are issued. Oxford BioMedica's products use genes as the mediators of a therapeutic effect and/or immune response. The Company's gene therapy products deliver therapeutic molecules in vivo whilst its gene-based immunotherapy products deliver genes that recruit the patient's immune system to mediate a therapeutic effect. The genes are delivered by the Company's highly engineered viruses or cells. BioMedica's lead product TroVax(R) is an anti-cancer therapeutic vaccine expected to be useful against a broad range of tumour types. It is entering Phase II trials in a number of indications including colorectal and renal cancer, and is expected to be ready for Phase III trials at the end of 2003. The Company's second cancer product, MetXia(R), is completing Phase I/II studies in breast cancer. Oxford BioMedica is headquartered in Oxford, UK and has a wholly-owned subsidiary in San Diego, USA. BioMedica has corporate collaborations with Wyeth, IDM, Intervet, Aliga Pharmaceuticals, Amersham and Arius Research. 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. Further information is available on the World Wide Web at http:// www.oxfordbiomedica.co.uk 2. Gene Therapy Advisory Committee (GTAC) The Gene Therapy Advisory Committee evaluates gene therapy trial protocols on the basis of the quality of the science, the details of the clinical protocol and ethical considerations. GTAC comprises technical experts and lay members. Following GTAC approval, clinical trial protocols and the products used by them are then reviewed by the Medicines Control Agency (MCA). On approval by the MCA, the products can be entered for clinical trials. This information is provided by RNS The company news service from the London Stock Exchange
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