Business
Expanded Agreement with BMS's Juno in CAR-T
Expanded Agreement with BMS's Juno in CAR-T.
About this update from Oxford Biomedica Plc
[{"type":"text","content":"\n \n \n \n \n \n \n \n \n \n \n \n \n \n The information contained within this announcement is deemed by the Group to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 (as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018). Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Oxford Biomedica expands Agreement with Juno Therapeutics, a Bristol Myers Squibb company; adding two new viral vector programmes for Bristol Myers Squibb CAR-T therapies\n \n \n \n \n Oxford, UK - 21 July 2022: \n \n Oxford Biomedica plc (LSE:OXB) (\"Oxford Biomedica\" or \"the Company\"), a leading gene and cell therapy group, today announces that\n it has amended and expanded the License and Clinical Supply Agreement (\"LSA\") with Juno Therapeutics, Inc. (\"Juno\"), a wholly owned subsidiary of Bristol Myers Squibb Company. The amendment relates to the initiation of two new viral vector programmes for Bristol Myers Squibb CAR-T therapies.\n \n \n \n The LSA, announced in\n \n March 2020\n \n , granted Juno a non-exclusive license to Oxford Biomedica's LentiVector® platform to be used for the manufacture of viral vectors for CAR-T and TCR-T programs in oncology and other indications.\n \n \n Under the terms of the amendment, Oxford Biomedica will receive an undisclosed target nomination fee, as well as potential payments upon the achievement of certain milestones.\n \n \n \n Dr. Roch Doliveux, Chair and Interim CEO of Oxford Biomedica commented:\n \n \n \n \"Bristol Myers Squibb is a strategically important partner to Oxford Biomedica and we are pleased to announce this expansion of our License & Clinical Supply Agreement. BMS is a proven commercial and clinical leader in the CAR-T field and we are pleased to announce the initiation of the two new programmes, taking the number of programmes we are working on with BMS to six. We look forward to announcing further updates on this important partnership in due course.\"\n \n \n \n \n -Ends-\n \n \n \n \n \n \n \n Enquiries: \n \n \n \n \n \n \n \n Oxford Biomedica plc: T: +44 (0)1865 783 000 / E: [email protected]\n \n \n \n \n ...