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OXB Oxford Biomedica Plc

218.50
3.50 (1.63%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Oxford Biomedica Plc LSE:OXB London Ordinary Share GB00BDFBVT43 ORD 50P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  3.50 1.63% 218.50 217.50 219.00 225.00 216.50 218.00 275,918 16:35:12
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Medicinal Chems,botanicl Pds 139.99M -45.16M -0.4676 -4.66 210.55M

Oxford BioMedica Hails U.S. Regulatory Boost for Leukemia Treatment

30/03/2017 10:21am

Dow Jones News


Oxford Biomedica (LSE:OXB)
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By Philip Waller

 

LONDON--Gene and cell therapy company Oxford BioMedica Plc (OXB.LN) Thursday reported a regulatory boost linked to a product that it supplies to Swiss drug company Novartis.

Oxford highlighted that Novartis had secured a fast-track review in the U.S. for a treatment for leukemia in children and young adults.

The U.S. Food & Drug Administration, or FDA, has granted priority review for Novartis's CTL019 investigational chimeric antigen receptor T-cell therapy, in relapsed and refractory pediatric and young adult patients with B-cell acute lymphoblastic leukemia.

The designation is expected to shorten the anticipated review time by the FDA.

Oxford BioMedica is the only maker of the lentiviral vector expressing CTL019 for Novartis.

Oxford's Chief Executive John Dawson said: "We continue to work closely with Novartis in delivering the lentiviral vector expressing CTL019, a product described earlier this year by Novartis as having 'blockbuster' potential."

Shares in Oxford BioMedica were up 0.16 pence, or 3.2%, at 5.2 pence.

 

Write to Philip Waller at philip.waller@wsj.com

 

(END) Dow Jones Newswires

March 30, 2017 05:06 ET (09:06 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.

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