Oxford, UK – 18 December 2013: Oxford BioMedica plc (“Oxford BioMedica” or “the Company”) (LSE: Oxford Biomedica), the leading gene-based biopharmaceutical company, announces that it has signed an option agreement with GlaxoSmithKline (“GSK”) which grants GSK an option to a non-exclusive licence under Oxford BioMedica’s LentiVector® platform technology patents for the development and commercialisation of up to six product candidates targeting rare orphan diseases. Financial terms were not disclosed.
In 2006, Oxford BioMedica previously granted GSK a non-exclusive licence to its LentiVector® platform technology patents for research purposes.
John Dawson, Chief Executive Officer of Oxford BioMedica, commented: “With a diverse pipeline of product candidates and a world-class reputation, GSK is a strong licensee of our LentiVector® platform technology patents.”
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