We would love to hear your thoughts about our site and services, please take our survey here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksOxford Biodyn Regulatory News (OBD)

Share Price Information for Oxford Biodyn (OBD)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 8.10
Bid: 0.00
Ask: 0.00
Change: 0.00 (0.00%)
Spread: 0.46 (5.679%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 8.10
OBD Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Consortium with OBD receives ?4m Horizon 2020 fund

18 Sep 2018 07:00

RNS Number : 0169B
Oxford BioDynamics PLC
18 September 2018
 

18 September 2018

 

Oxford BioDynamics Plc

("OBD" or the "Company" and, together with its subsidiaries, the "Group")

 

Consortium including Oxford BioDynamics receives €4 million Horizon 2020 award

 

Horizon 2020 is the largest European funding programme for research and innovation

 

The consortium brings together established leaders in theoretical and experimental epigenetic research to advance the use of predictive epigenetics into real world applications

 

· OBD, as an industry partner, is well positioned to access commercial opportunities arising from successful new applications of the EpiSwitch™ technology

 

Oxford BioDynamics Plc is pleased to announce that it has been chosen as an industrial partner in a Horizon 2020 international research and innovation collaboration. The initiative on "Predictive Epigenetics" (PEP-NET), which has been granted €4 million, brings together an international consortium of 11 leading epigenetic research centres and five partner organisations* to develop practical translation of epigenetic regulation into therapeutically actionable outcomes.

 

The PEP-NET consortium comprises experimentalists and theoreticians whose goal is to develop a joint predictive modelling framework to further the understanding of fundamental epigenetic mechanisms. The outcome will present real world applications for the development of new technologies, and diagnostic and therapeutic tools to benefit patients.

 

This will be an important opportunity for OBD to increase utilisation of its EpiSwitch™ platform and further develop its technology globally, while helping to improve understanding of epigenetic controls and mechanisms. As an industry partner in this initiative, all parties will have access to OBD's intellectual property for research purposes only.

 

Consortium member Professor Leonie Ringrose, Institute of Biology, Humboldt University, Berlin, commented:

 

"Epigenetic mechanisms are profoundly implicated in human health and disease. Despite the availability of large amounts of molecular data sets today, the field is still far from a satisfactory mechanistic understanding of many epigenetic processes. This unique collaboration of frontline researchers and commercial companies aims to combine quantitative experiments, predictive theoretical models, new modeling of data analysis and latest industrial tools of detection and monitoring to understand epigenetic regulation, with the aim to achieve both deeper fundamental understanding and better practical translation of epigenetic regulation into actionable patient stratifications. We have seen the practical value of EpiSwitchand believe this powerful platform will allow us to develop real world solutions.

 

PEP-NET will train a generation of European researchers to combine quantitative experiments with predictive theoretical models, and will exploit this knowledge to answer both basic and applied questions in epigenetics."

 

 

 

Alexandre Akoulitchev, Chief Scientific Officer of Oxford BioDynamics, added:

 

"We are delighted to join such a powerful and creative group of established leaders in epigenetic research. Our technology will help better the understanding of epigenetic controls and mechanisms, with the ultimate goal to help translate latest epigenetic insights for the benefit of novel successful therapies, as well as patient diagnosis and prognosis. We strongly believe that our platform could be creatively utilised in many new ways to contribute to the frontline research and to further the development of OBD's EpiSwitchtechnology globally. We are well aware how much the industry is looking for robust biomarkers with predictive and prognostic disseminating power. This is very much a question of understanding epigenetic controls, if we are to deliver reliable practical tools for applications in personalised medicine. "

 

-ENDS-

 

For further details please contact:

 

Oxford BioDynamics Plc

Christian Hoyer Millar, CEO

Paul Stockdale, CFO

 

+44 (0)1865 518910

FTI Consulting

Financial Public Relations Adviser

Brett Pollard

Natalie Garland-Collins

+44 (0)20 3727 1000

 

Notes for Editors

 

About Oxford BioDynamics Plc

 

Oxford BioDynamics Plc (AIM: OBD) ("Oxford BioDynamics") is a biotechnology company focused on the discovery and development of epigenetic biomarkers for use within the pharmaceutical and biotechnology industry.

 

The Company's award-winning, proprietary technology platform, EpiSwitch™, aims to accelerate the drug discovery and development process, improve the success rate of therapeutic product development and take advantage of the increasing importance of personalised medicine.

 

In particular, EpiSwitch™ can reduce time to market, failure rates and the costs at every stage of drug discovery. Additionally, the technology provides significant insights into disease mechanisms for drug discovery and product re‐positioning programmes and enables the personalisation of therapeutics for patients in the context of challenging pricing environments where improved clinical outcomes are critical.

 

Oxford BioDynamics is headquartered in the UK, and listed on the London Stock Exchange's AIM under the ticker "OBD". For more information please visit www.oxfordbiodynamics.com.

 

About Horizon 2020

 

Horizon 2020 is the biggest EU Research and Innovation programme ever with nearly €80 billion of funding available over 7 years (2014 to 2020) - in addition to the private investment that this money will attract. It promises more breakthroughs, discoveries and world-firsts by taking great ideas from the lab to the market.

 

For further information, please see: https://ec.europa.eu/programmes/horizon2020/en

 

*About the PEP-NET Consortium

 

The PEP-NET consortium is led by Professor Leonie Ringrose at the Institute of Biology, Humboldt University (Berlin). It will also involve Max-Planck from the Institute for Molecular Genetics (Munich), and Computational and System Biology at John Innes Centre (Norwich), Niels Bohr at the Institute at University of Copenhagen, Friedrich Miescher at the Institute for Biomedical Research (Basel), European Research Centre for Biology and Medicine (Strasbourg), the Institute for Medical Systems biology at Max Delbruck Centre for Molecular Medicine (Berlin-Buch), the Department of Biochemistry at the University of Oxford, the Department of Physics at the University of Naples, the Centre of Experimental Imaging at the Hospital of St Raphael (Milan), as well as Diagenode (Belgium). Other partner organisations include the School of Biological Sciences at the University of Adelaide, the Department of Physiology at the University of Pennsylvania, Oxford Nanoimaging Ltd, and the University of East Anglia.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
NRAGGURCBUPRGCM
Date   Source Headline
15th Mar 202311:43 amRNSAIM Rule 17 Schedule 2(g) Update
3rd Mar 20234:33 pmRNSPublication of FY22 Annual Report
23rd Feb 202310:36 amRNSPDMR Dealing
6th Feb 20237:00 amRNSOBD Prostate Screening EpiSwitch Blood Test Update
27th Jan 20232:36 pmRNSDirector/PDMR Shareholding
24th Jan 20237:00 amRNSPreliminary Results and Notice of AGM
21st Dec 20227:00 amRNSNotice of FY22 Results and Investor Webinar
19th Dec 20227:00 amRNSOBD in San Francisco for JPM Healthcare conf 2023
16th Dec 20227:00 amRNSInitial assessment of EpiSwitch assay in ALS trial
14th Dec 202212:35 pmRNSHolding(s) in Company
14th Dec 20227:00 amRNSExercise period extension - existing share options
1st Dec 20222:14 pmRNSHolding(s) in Company
28th Nov 20227:00 amRNSHolding(s) in Company
21st Nov 20227:00 amRNSDiscussion about EpiSwitch CiRT at Key Summit
18th Nov 20224:40 pmRNSSecond Price Monitoring Extn
18th Nov 20224:35 pmRNSPrice Monitoring Extension
14th Nov 202211:10 amRNSDirector/PDMR Shareholding
9th Nov 20224:07 pmRNSDirector/PDMR Shareholding
8th Nov 20221:57 pmRNSHolding(s) in Company
2nd Nov 202212:37 pmRNSHolding(s) in Company
2nd Nov 202212:35 pmRNSHolding(s) in Company
2nd Nov 202212:33 pmRNSHolding(s) in Company
1st Nov 20221:20 pmRNSTotal Voting Rights
1st Nov 202212:39 pmRNSTotal Voting Rights
1st Nov 202210:57 amRNSHolding(s) in Company
31st Oct 202211:05 amRNSHolding(s) in Company
31st Oct 202211:04 amRNSHolding(s) in Company
31st Oct 202211:02 amRNSHolding(s) in Company
31st Oct 202210:58 amRNSHolding(s) in Company
31st Oct 202210:57 amRNSHolding(s) in Company
31st Oct 202210:56 amRNSHolding(s) in Company
28th Oct 20222:36 pmRNSHolding(s) in Company
27th Oct 202212:09 pmRNSResult of General Meeting, Director/PDMR Dealings
25th Oct 20222:30 pmRNSResult of Open Offer
7th Oct 202212:00 pmRNSProposed Placing and Open Offer
3rd Oct 20227:00 amRNSUS Reimbursement Code for CiRT now available
15th Sep 20227:00 amRNSESMO data highlights unique benefit of EpiSwitch
6th Sep 20227:00 amRNSCiRT highlighted at ESMO 2022 presentation
5th Jul 20227:00 amRNSUS reimbursement code for EpiSwitch® CiRT
1st Jul 20224:13 pmRNSDirector/PDMR Shareholding
28th Jun 20227:00 amRNSHalf-year Report
21st Jun 20227:00 amRNSEpiSwitch® CiRT now available in the UK
17th Jun 20227:00 amRNSNotice of Interim Results Webinar
15th Jun 20227:00 amRNSNotice of Results
14th Jun 20227:00 amRNSOBD EpiSwitch® CiRT well received at ASCO 2022
20th May 20223:50 pmRNSDirector/PDMR Shareholding
20th May 20227:00 amRNSPDMR Dealing / Grant of Share Options
13th May 20223:57 pmRNSPDMR Dealing / Grant of Share Options
5th May 20227:00 amRNSOBD to present CiRT clinical utility data at ASCO
28th Apr 202210:54 amRNSDirector/PDMR Shareholding

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.