RE: Prostate test7 Oct 2024 13:59
Oxford BioDynamics ("OBD" or the "Company" and, together with its subsidiaries, the "Group")
CIRRP Award Update
Oxford, UK - 7 October 2024 - Oxford BioDynamics, Plc (AIM: OBD, the Company), a precision clinical diagnostics company bringing specific and sensitive tests to the practice of medicine based on its EpiSwitchยฎ 3D genomics platform, notes that the UK Cancer Immunotherapy Response Research Platform (CIRRP) funding for biomarker development for cancer immunotherapies has been awarded by the government-run Office for Life Sciences and the Medical Research Council to the MANIFEST consortium led by the Francis Crick Institute.
OBD was part of the EpiSwitch consortium, led by the University of Oxford, and including the University of Birmingham and five NHS Trusts, which was shortlisted for the award.
In its feedback to the EpiSwitch consortium, the Panel explained its decision: "The Panel agreed that the application was based on an interesting technology that was already routinely used in the USA and in private UK clinics. However, Members agreed that while this was an excellent collaboration between a diagnostics company and a single [sic] academic group, it didn't fulfil the expectations of the Opportunity to build a legacy UK-wide consortium to deliver research into cancer immunotherapy.
Members agreed that the application concentrated on moving the current technology into standard practice within the NHS and would have been strengthened by providing greater detail on new tests to be developed with a focus on mechanistic molecular insight as well as correlating the blood work back to tumour data."