Update on Clinical Plans

Oxford Biomedica PLC 08 November 2002 For immediate release 8 November 2002 OXFORD BIOMEDICA PLC UPDATE ON CANCER CLINICAL PLANS Oxford, United Kingdom - 8 November 2002. Oxford BioMedica plc (LSE:OXB) is holding an analysts meeting today at its premises on the Oxford Science Park. At the meeting the Company is reviewing its major programmes in cancer, Parkinson's disease and vision-loss. As part of the meeting, the Company is describing clinical development plans for its two cancer products TroVax(R) and MetXia(R). TroVax(R) will continue to be developed for the lucrative colorectal cancer market alongside current chemotherapy, 5FU plus Irinotecan and 5FU plus Oxaliplatin. It is expected that Phase II studies will be complete by the end of 2003 and the product will be ready for Phase III trials at that time. In addition TroVax(R) will enter, during 2003, three further Phase II trials in order to broaden the potential indications for the product. The three areas will be colorectal cancer without chemotherapy, metastatic renal cancer and breast cancer. These programmes will expand considerably the body of data to support the notion that TroVax(R) will be used as a cancer product for many tumour types, a notion predicted by the fact that the tumour antigen that is delivered by TroVax(R) is found on more than 75% of human solid tumours. MetXia(R) is expected to complete its second 'high dose' Phase I/II study by the end of H1 2003 and then will be ready to enter Phase II studies in a number of disseminated but accessible cancers. In addition the product is planned to enter trials for pancreatic cancer by the end of 2003. The pancreatic cancer trials are designed to roll into a Phase II study and should make the product ready for Phase III trials by late 2004. As with TroVax(R) this will broaden the commercial potential of MetXia(R) considerably. The Phase II studies described at the meeting do not change the Company's overall funding requirements. The Company's planned expenditures can be met from existing cash resources into late 2004 at least. The Phase II trials may be used to apply for accelerated approval if the data justify it. The clinical plans for MetXia(R) are being presented at the Annual Meeting of the American Association of Pharmaceutical Scientists in Toronto on November 13thby Dr. Susan Kingsman, Oxford BioMedica's Senior Vice President for Research. Commenting on the developments Chief Executive Prof. Alan Kingsman said 'We are very pleased with the way that TroVax(R) and MetXia(R) have performed in the clinic so far. The definition of the clinical development plans for these products marks another key step in Oxford BioMedica becoming a development stage Company'. 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 -Ends- 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. 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
UK 100