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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
  12.00 1.15% 1,054.00 1,054.00 1,056.00 1,060.00 1,020.00 1,042.00 157,724 16:29:59
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Pharmaceuticals & Biotechnology 87.7 -6.6 0.0 - 867

Oxford Biomedica PLC Prime Minister Boris Johnson formally opens Oxbox

18/01/2021 4:34pm

RNS Non-Regulatory


TIDMOXB

Oxford Biomedica PLC

18 January 2021

Prime Minister Boris Johnson formally opens

Oxford Biomedica's manufacturing facility Oxbox

Oxford, UK - 18 January, 2021: Oxford Biomedica plc (LSE:OXB) ("Oxford Biomedica" or "the Group"), a leading gene and cell therapy group, announces today that the Prime Minister Rt Hon Boris Johnson MP, has formally opened Oxford Biomedica's new 84,000 sq ft manufacturing facility Oxbox based in Oxford, UK.

Oxbox was originally built to solely service the Group's growing demand for lentiviral vectors in the fast growing cell and gene therapy market where it is a leading global specialist working with multiple partners including Novartis, BMS and Sanofi. The Oxbox facility was completed at the end of 2019 with the Group expecting to have one or potentially two of the manufacturing suites approved during 2020. In April 2020 the Group joined the Oxford Vaccine Consortium and shortly afterwards signed the first of two agreements with AstraZeneca for COVID-19 vaccine production. By October 2020, the Group had four manufacturing suites approved by the MHRA, three of which were contracted by AstraZeneca and are currently producing bulk vaccine at 1000L scale.

The Prime Minister Rt Hon Boris Johnson MP said: "I was delighted to visit Oxford Biomedica today, and hear from John, Nick, Simon, Nisha and others about the work being done to manufacture the Oxford vaccine. The tireless work of your 250-strong team has helped accelerate our vaccine rollout, meaning millions of life-saving jabs are already in arms across the UK. You should be hugely proud of the role you've played in protecting the vulnerable, whilst creating a domestic manufacturing capability in months that would usually take years. I urge you all to keep up your vital work in ensuring the strong supply of vaccines to the frontline, and help deliver the biggest inoculation programme in British history."

John Dawson, Chief Executive Officer of Oxford Biomedica, said: "We were delighted to host the Prime Minister today at the formal opening of our Oxbox manufacturing facility. Oxford Biomedica is a global leader in lentiviral vectors and we as a Group were delighted to be able to rapidly deploy this world-class facility as part of the consortia to help during this global crisis. Oxford Biomedica's participation in this global effort is a true testament to the dedication, expertise and hard work of our staff who have made huge efforts to bring our manufacturing suites on line in record time to manufacture COVID-19 vaccine at a scale we have not seen before and in different viral vector to which we are traditionally known."

-Ends-

 
  Enquiries: 
  Oxford Biomedica plc                        T: +44 (0)1865 783 000 
   John Dawson, Chief Executive Officer        T: +44 (0)1865 783 000 
   Stuart Paynter, Chief Financial Officer     T: +44 (0)1865 954 161 / E: ir@oxb.com 
   Catherine Isted, Head of Corporate 
   Development & IR 
                                              T: +44 (0)20 3709 5700 
   Consilium Strategic Communications 
   Mary-Jane Elliott/Matthew Neal 
 

About Oxford Biomedica

Oxford Biomedica (LSE:OXB) is a leading, fully integrated, 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, CNS disorders, liver diseases and respiratory disease. The Group has also entered into a number of partnerships, including with Novartis, Bristol Myers Squibb, Sanofi, Sio Gene Therapies, Orchard Therapeutics, Santen, Beam Therapeutics, Boehringer Ingelheim, the UK Cystic Fibrosis Gene Therapy Consortium and Imperial Innovations, through which it has long-term economic interests in other potential gene and cell therapy products. Additionally the group has signed a 3 year master supply and development agreement with AstraZeneca for large-scale manufacturing of the adenoviral based COVID-19 vaccine. Oxford Biomedica is based across several locations in Oxfordshire, UK and employs more than 580 people. Further information is available at www.oxb.com

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January 18, 2021 11:34 ET (16:34 GMT)

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