Less Ads, More Data, More Tools Register for FREE

Pin to quick picksOxford Biodyn Regulatory News (OBD)

Share Price Information for Oxford Biodyn (OBD)

Share Price is delayed by 15 minutes
Get Live Data
0.188    0.00 (0.00%)
Bid:
0.00
Ask:
0.00
Spread: 0.02 (11.111%)
Market Cap: £8.07m
OBD Live PriceLast checked at - London Stock Exchange

Intraday Oxford Biodyn Share Chart

Disease severity program for COVID-19 advances

28 Oct 2020 07:00

RNS Number : 3967D
Oxford BioDynamics PLC
28 October 2020
 

Oxford BioDynamics Plc

 

Oxford BioDynamics advances EpiSwitch™ disease severity program for COVID-19 with top US academic health center, Oregon Health & Science University

 

· Expertly annotated patient samples from world-class clinical research facility

· Samples used to advance development of the world's first 3D genomic severity test for COVID-19 disease built using the EpiSwitch™ platform

· Goal is to provide insight into a wide range of COVID-19 responses, from mild to severe

· Adds to Oxford BioDynamics' growing bank of 500+ procured samples from cohorts around the world

 

Oxford, UK- 28 October 2020 - Oxford BioDynamics Plc (AIM: OBD), a biotechnology company developing personalized medicine tests based on 3D genomic biomarkers, has signed a Human Material and Data Transfer Agreement with Oregon Health & Science University (OHSU) as part of its EpiSwitch™ COVID-19 disease severity test program.

 

Some people infected with COVID-19 become severely ill and hospitalized, while many only experience mild illness. Under the terms of the agreement, samples from OHSU will be used to further the development of the Company's COVID-19 severity test, aimed at forecasting individuals' risks of severe disease progression in advance, to inform risk mitigation decisions and help optimize acute and long-term treatment.

 

Ranked among the best hospitals in the US,1 OHSU has been operating right at the frontline throughout the pandemic. Since 28 February, with the first US COVID-19 hotspot on its doorstep, OHSU has seen 3,950 patient cases, as of 26 October.2 Clinicians have encountered and treated patients experiencing a wide range of responses, from asymptomatic through to severe cases who were admitted to intensive care or succumbed.

 

OHSU is the first US Academic Medical Centre to join Oxford BioDynamics' disease severity program on a non-commercial basis as part of the COVID-19 Technology Access Framework initiative it is involved with.3 OHSU is providing clinical research samples from patients with the full spectrum of manifestations of COVID-19, together with in-depth expert description and annotation. These add to Oxford BioDynamics' growing bank of 500+ samples from cohorts across the world. The Company is developing the world's first 3D genomic test to determine likelihood of disease severity (prognostic).

 

Dr Jon Burrows, CEO of Oxford BioDynamics commented: "We are gratified that our disease severity program has attracted the attention and support of a prestigious institution like OHSU. The well-annotated samples provided by this world-class facility will deepen our understanding of patient response and enhance development of our test. We are continuing to grow our network of leading international institutions interested in analysing how the 3D genome informs COVID-19 response."

 

Oxford BioDynamics is developing the disease severity test based on its proprietary EpiSwitch™ technology which has been reduced to practice.4 EpiSwitch™ will be used to retrospectively analyse the OHSU samples, comparing the 3D genomes of the patients to how they responded to the virus. The 3D structure of a patient's genome contains important molecular regulatory information, about what makes certain patients particularly vulnerable to hyperinflammation and severe side effects, when exposed to COVID-19 infection. Oxford BioDynamics is establishing a panel of biomarkers to forecast the expected severity when infected with COVID-19. This will help to assess an individual's level of risk and assist in patient prognoses. Having this information could significantly help patient triage and treatment, ease the burden on healthcare systems and human resources.

 

Bill Messer, MD, PhD, Assistant Professor of Molecular Microbiology and Immunology, School of Medicine, OHSU added: "With the second wave of COVID-19 sweeping the globe, it is clear that we have a way to go in the fight against this virus. In April, we joined the COVID-19 Technology Access Framework, which aims to expedite the development of promising technologies to diagnose, treat and prevent COVID-19. Oxford BioDynamics shares the same mission, and their technology and its prognostic capabilities hold potential in helping both patients and the health care system.  We are glad to contribute our samples and knowledge to help advance development of the Company's COVID-19 disease severity test."

 

References:

1. https://www.ohsu.edu/health/ohsu-health-care-awards-and-recognition 

2. https://news.ohsu.edu/2020/10/19/preparing-for-the-novel-coronavirus-at-ohsu 

3. https://news.ohsu.edu/2020/04/16/ohsu-expedites-promising-new-technologies-to-tackle-covid-19

4. https://www.oxfordbiodynamics.com/wp-content/uploads/2020/06/SITC2019_P142_avelumab.pdf

 

 

- ENDS -

 

FOR MORE INFORMATION:

 

Oxford BioDynamics Plc

Jon Burrows, CEO

Alexandre Akoulitchev, CSO

Paul Stockdale, CFO

E: enquiries@oxfordbiodynamics.com

Instinctif Partners

Melanie Toyne-Sewell

Agnes Stephens

Katie Duffell

T: +44 (0) 20 7457 2013

E: oxfordbiodynamics@instinctif.com

 

NOTES TO EDITORS:

 

About Oxford BioDynamics Plc

Oxford BioDynamics Plc (AIM: OBD) ("Oxford BioDynamics") is a biotechnology company focused on the discovery and development of 3D genomic 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 programs, enabling the personalization of therapeutics for patients in the context of challenging pricing environments where improved clinical outcomes are critical.

 

In April 2019, Oxford BioDynamics received the Queen's Award for Enterprise: Innovation. The Queen's Awards for Enterprise are the most prestigious awards for UK businesses.

 

The Company is headquartered in the UK and listed on the London Stock Exchange's AIM under the ticker "OBD". For more information please visit our website, www.oxfordbiodynamics.com, or follow us on Twitter or LinkedIn.

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. 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.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
NRAFLFEDILLDFII
Date   Source Headline
25th Jan 202211:44 amRNSPDMR Dealing
25th Jan 20227:00 amRNSFinal Results
19th Jan 20229:58 amRNSHolding(s) in Company
14th Jan 20222:36 pmRNSHolding(s) in Company
14th Jan 20227:00 amRNSHolding(s) in Company
13th Jan 202212:00 pmRNSHolding(s) in Company
11th Jan 20229:00 amRNSHolding(s) in Company
10th Jan 20227:02 amRNSHolding(s) in Company
4th Jan 20227:00 amRNSHolding(s) in Company
29th Dec 20214:00 pmRNSHolding(s) in Company
24th Dec 202111:40 amRNSPDMR Dealing
23rd Dec 20217:00 amRNSNotice of Results
17th Dec 20217:00 amRNSOBD updates on EpiSwitch CST and CiRT tests
13th Dec 20212:23 pmRNSHolding(s) in Company
13th Dec 202110:12 amRNSPDMR Dealing
1st Dec 202112:00 pmRNSPDMR Dealing
24th Nov 20213:02 pmRNSPDMR Dealing
22nd Nov 202111:00 amRNSPDMR Dealing
18th Nov 20213:16 pmRNSHolding(s) in Company
18th Nov 20213:10 pmRNSPDMR Dealing
18th Nov 202111:53 amRNSHolding(s) in Company
11th Nov 202111:08 amRNSResults of General Meeting
4th Nov 20217:00 amRNSHolding(s) in Company
2nd Nov 202112:22 pmRNSHolding(s) in Company
1st Nov 202112:43 pmRNSTotal Voting Rights
1st Nov 20217:00 amRNSHolding(s) in Company
25th Oct 20212:45 pmRNSOBD raises £3.62 million
6th Oct 20214:41 pmRNSSecond Price Monitoring Extn
6th Oct 20214:35 pmRNSPrice Monitoring Extension
28th Sep 20217:00 amRNSChange of Registered Office
31st Aug 20217:00 amRNSOxford BioDynamics awarded US FNIH Grant
15th Jun 20211:06 pmRNSPDMR Dealing
15th Jun 20217:00 amRNSHalf-year Report
27th May 20219:00 amRNSNotice of Results
14th May 202110:17 amRNSPDMR Dealing / Grant of Share Options
28th Apr 20212:24 pmRNSHolding(s) in Company
9th Apr 20217:00 amRNSNew UK facilities to support expanded strategy
31st Mar 20217:00 amRNSOBD signs agreement with Agilent Technologies
24th Mar 202112:46 pmRNSResult of AGM
23rd Mar 20217:00 amRNSUS launch of EpiSwitch® COVID-19 Severity Test
17th Mar 20219:53 amRNSResults published of biomarker discovery program
23rd Feb 20211:36 pmRNSPublication of 2020 Annual Report and AGM date
28th Jan 20217:00 amRNSFinal Results
12th Jan 20217:00 amRNSNotice of Results
30th Dec 20207:00 amRNSDirectorate Change
15th Dec 20207:00 amRNSOxford BioDynamics to expand strategic focus
14th Dec 20207:00 amRNSAppointment of Chairman
2nd Nov 20207:00 amRNSStrategic partnership with Boca Biolistics
28th Oct 20207:00 amRNSDisease severity program for COVID-19 advances
8th Jul 20207:00 amRNSPDMR Dealing / Grant of Share Options

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.