FOR IMMEDIATE RELEASE
SIGMA-ALDRICH, OXFORD BIOMEDICA AND OPEN
BIOSYSTEMS SETTLE PATENT DISPUTE OVER USE OF LENTIVECTOR TECHNOLOGY IN RESEARCH
REAGENTS
Huntsville, AL, March 7, 2008, -- Sigma-Aldrich (Nasdaq: SIAL),
Oxford BioMedica (LSE: OXB) and Open Biosystems,
Inc., a privately held corporation, have jointly announced a confidential
settlement of their patent litigation. Sigma-Aldrich and Oxford BioMedica
agreed to dismiss the lawsuit brought against Open
Biosystems. Open Biosystems
agreed to dismiss its counterclaims in the lawsuit. As part of the settlement Open Biosystems will acquire certain license rights
under the Oxford BioMedica patents for use of the LentiVector technology in
research activities. Other details of the agreement have not been disclosed
About Sigma-Aldrich: Sigma-Aldrich is a leading Life Science and High
Technology company. Its biochemical and organic chemical products and kits are
used in scientific and genomic research, biotechnology, pharmaceutical
development, the diagnosis of disease and as key components in pharmaceutical
and other high technology manufacturing. The Company has customers in life
science companies, university and government institutions, hospitals, and in
industry. Over one million scientists and technologists use its products.
Sigma-Aldrich operates in 36 countries and has 7,900 employees providing
excellent service worldwide. Sigma-Aldrich is committed to Accelerating
Customer Success through Leadership in Life Science, High Technology and
Service.
About Oxford BioMedica plc: Oxford BioMedica (LSE: OXB) is a
biopharmaceutical company specializing in cancer immunotherapy and gene-based
therapies. The Company was established in 1995, as a spin-out from OxfordUniversity,
and is listed on the London Stock Exchange. The Company has a platform of gene
delivery technologies, which are based on highly engineered viral systems. Its
lead product candidate is TroVax®, an immunotherapy for multiple solid cancers,
which is licensed to sanofi-aventis for global development and
commercialization. TroVax is in Phase III development. Oxford BioMedica has
three other products in clinical development, including ProSavin®, a novel
gene-based treatment for Parkinson’s disease, in a Phase I/II trial. The
Company is underpinned by over 80 patent families, which represent one of the
broadest patent estates in the field.
About
LentiVector® technology: Oxford BioMedica's LentiVector technology represents
one of the most advanced gene delivery systems currently available. The technology
is protected by multiple patents that cover the use of highly engineered
lentiviruses as vectors for gene delivery. The LentiVector system has been
shown to achieve safe and long-term gene transfer to a broad range of dividing
and non-dividing cell types, including neurons and retinal cells, in a stable
and efficient fashion. Licensed users of the technology include Biogen Idec,
GlaxoSmithKline, Merck & Co and Pfizer.
About Open Biosystems: Open Biosystems, Inc. develops, manufactures and
markets genomic research tools to scientists and researchers in corporate,
academic and government laboratories. These research tools provide
investigators with standardized high-quality genes, RNAi and antibodies for
interrogating gene function in relation to oncology, neuroscience and metabolic
disorders. Founded in 2001, Open Biosystems
is headquartered in Huntsville,
Alabama.
Contacts:
Troy Moore
Open Biosystems Inc.
email: troy.moore@openbiosystems.com
Cautionary Statement: This release contains forward-looking statements relating
to future performance, goals, strategic actions and initiatives and similar
intentions and beliefs and other statements regarding the Companies'
expectations, goals, beliefs, intentions and the like, which involve
assumptions regarding the Companies' operations and conditions in the markets
the Companies serve. The Companies do not undertake any obligation to update
these forward-looking statements.