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
0.18    -0.008 (-4.26%)
Bid:
0.17
Ask:
0.19
Spread: 0.02 (11.765%)
Market Cap: £7.72m
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
29th Aug 20193:30 pmRNSPDMR Dealing
28th Aug 201910:11 amRNSPDMR Dealing
15th Aug 201910:59 amRNSPDMR Dealing
14th Aug 20191:15 pmRNSPDMR Dealing
5th Aug 201911:19 amRNSPDMR Dealing
1st Aug 20199:51 amRNSPDMR Dealing
26th Jul 201911:57 amRNSPDMR Shareholding
19th Jul 20197:00 amRNSOBD to present at MAC10
9th Jul 20197:00 amRNSDirector/PDMR Shareholding
13th Jun 20197:00 amRNSOBD appoints Dr Bartu Ahiska
12th Jun 20197:00 amRNSPDMR Dealing / Grant of Share Options
6th Jun 20193:14 pmRNSDirector/PDMR Shareholding
31st May 20197:00 amRNSBoard Transition
28th May 20197:00 amRNSInterim Results for 6 months ended 31 March 2019
8th May 20197:00 amRNSOBD to present at China BIO Conference
3rd May 20192:00 pmRNSOBD joins ALS Biomarker study sponsored by MTPA
29th Apr 20197:50 amRNSNotice of Interim Results
23rd Apr 20197:00 amRNSQueen's Award for Enterprise
5th Apr 20199:30 amRNSBoard Appointments
2nd Apr 20197:00 amRNSOBD US subsidiary and commercial lead
19th Mar 20197:00 amRNSOBD joins Imperial in a prostate cancer trial
14th Mar 20192:13 pmRNSResults of Annual General Meeting
15th Feb 201910:01 amRNSDirector/PDMR Shareholding
25th Jan 20197:00 amRNSPublication of Annual Report and Notice of AGM
11th Jan 20197:00 amRNSBoard Transition
11th Dec 20187:00 amRNSFinal Results
3rd Dec 201810:10 amRNSTotal Voting Rights
23rd Nov 20187:00 amRNSNotice of results for year ended 30 Sept 2018
12th Nov 20187:00 amRNSCollaboration into identifying diagnosis of Autism
8th Nov 20187:00 amRNSOBD signs fifth collaboration agreement
7th Nov 20187:00 amRNSStudy published in Faculty of 1000 Research
6th Nov 20187:00 amRNSIssue of Equity
1st Nov 20185:17 pmRNSTotal Voting Rights
2nd Oct 20187:00 amRNSIssue of Equity
26th Sep 20187:00 amRNSIssue of Equity
18th Sep 20187:00 amRNSConsortium with OBD receives ?4m Horizon 2020 fund
4th Sep 201810:03 amRNSTotal Voting Rights
30th Aug 20182:57 pmRNSHolding(s) in Company
29th Aug 20184:52 pmRNSHolding(s) in Company
29th Aug 20184:48 pmRNSHolding(s) in Company
29th Aug 20184:47 pmRNSHolding(s) in Company
29th Aug 20184:46 pmRNSHolding(s) in Company
29th Aug 20184:43 pmRNSHolding(s) in Company
22nd Aug 20187:00 amRNSChinese Investment Group Takes Stake in OBD
19th Jul 20187:00 amRNSGrant of Canadian patent for EpiSwitch platform
17th Jul 20187:00 amRNSOBD presents latest EpiSwitch data at ASH Summit
2nd Jul 20185:50 pmRNSTotal Voting Rights
26th Jun 20187:00 amRNSALS study published in peer reviewed journal
19th Jun 20187:00 amRNSIssue of Equity
22nd May 20187:00 amRNSInterim Results for the Period Ended 31 March 2018

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.