Oxford Biomedica PLC MHRA Licence For Commercial Supply

TIDMOXB

Oxford Biomedica PLC

07 August 2017

Oxford BioMedica Announces MHRA Licence For Commercial Supply

London, UK - 07 August 2017: Oxford BioMedica plc ("Oxford BioMedica" or "the Group") (LSE:OXB), a leading gene and cell therapy group, today announces that it has been granted a Manufacturer/Importer License (MIA), from the UK Medicines and Healthcare products Regulatory Agency ("MHRA"), to manufacture and distribute lentiviral vector material for commercial supply. This is in addition to the existing MIA (IMP) licence for Investigational Medicinal Products (IMPs) manufacture, which the Group has held for over 10 years.

Including significant know-how and proprietary analytical methods, Oxford BioMedica has established a world-leading platform for lentiviral vector bioprocessing at its state-of-the-art custom-built facilities in Oxford, UK, that allow full control over the entire lentiviral vector manufacturing process.

Oxford BioMedica recently signed an agreement with Novartis for the commercial and clinical supply of lentiviral vectors used to generate CTL019 and other undisclosed CAR-T products, for which Oxford BioMedica could potentially receive in excess of $100m from Novartis over the next three years.

In addition to the Novartis agreement, Oxford BioMedica has bioprocessing and process development partnerships with Immune Design and Orchard Therapeutics.

John Dawson, Chief Executive Officer of Oxford BioMedica, commented: "Receiving regulatory approval for the manufacture of lentiviral vector material for commercial supply is another significant milestone for Oxford BioMedica. We look forward to working closely with our existing partners in lentiviral vector bioprocessing and process development, and believe that our expertise and technology will be of benefit to other companies working in gene and cell therapy."

- Ends -

 
 For further information, please 
  contact: 
  Oxford BioMedica plc:                       Tel: [phone] 
   John Dawson, Chief Executive Officer        783 000 
   Tim Watts, Chief Financial Officer 
  Consilium Strategic Communications          Tel: +44 (0)20 
   Mary-Jane Elliott/Matthew Neal/Philippa     3709 5700 
   Gardner/Laura Thornton 
 

Notes for editors

About Oxford BioMedica

Oxford BioMedica (LSE:OXB) is a leading gene and cell therapy group focused on developing life changing treatments for serious diseases. Oxford BioMedica and its subsidiaries (the "Group") have built a sector leading lentiviral vector delivery platform (LentiVector(R) ), which the Group leverages to develop in vivo and ex vivo products both in-house and with partners. The Group has created a valuable proprietary portfolio of gene and cell therapy product candidates in the areas of oncology, ophthalmology and CNS disorders. The Group has also entered into a number of partnerships, including with Novartis, Sanofi, GSK, Orchard Therapeutics and Immune Design, through which it has long-term economic interests in other potential gene and cell therapy products. Oxford BioMedica is based across several locations in Oxfordshire, UK and employs more than 250 people. Further information is available at www.oxfordbiomedica.co.uk.

This information is provided by RNS

The company news service from the London Stock Exchange

END

NRALLFESTSISIID

(END) Dow Jones Newswires

August 07, 2017 02:00 ET (06:00 GMT)