Oxford Biomedica notes Homology Medicines' quarterly report and confirms financials for Oxford Biomedica Solutions LLC are in line with expectations

Oxford, UK - 16 August 2022: Oxford Biomedica plc (LSE:OXB) ("Oxford Biomedica" or "the Company"), a leading gene and cell therapy group, notes the release of Homology Medicines' ("Homology") quarterly report for the three months ended 30 June 2022. Financial information on Oxford Biomedica Solutions LLC ("Oxford Biomedica Solutions") contained within Homology's 10-Q is in line with Company expectations. To view Homology's announcement see: Form 10-Q.

Oxford Biomedica Solutions, 20% owned by Homology, is a US-based full scope, AAV manufacturing and innovation business offering a unique 'Plug & Play' platform and fully integrated end-to-end capabilities, including from vector design and process development through to clinical trials.

Oxford Biomedica Solutions has a robust business pipeline and maintains its financial guidance. The Company is committed and confident about securing two new Adeno-Associated Virus (AAV) customer partnerships by the end of calendar year 2022.

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Enquiries:       

Oxford Biomedica plc: T: +44 (0)1865 783 000 / E: [email protected]

Stuart Paynter, Chief Financial Officer

Sophia Bolhassan, Head of Investor Relations

Consilium Strategic Communications:

T: +44 (0)20 3709 5700 / E: [email protected]

Mary-Jane Elliott / Matthew Neal / Matthew Cole 

About Oxford Biomedica

Oxford Biomedica (LSE:OXB) is an innovative leading viral vector specialist focused on delivering life changing therapies to patients.

Oxford Biomedica plc and its subsidiaries (the Group) work across key viral vector delivery systems including those based on lentivirus, adeno-associated virus (AAV) and adenovirus, providing innovative solutions to cell and gene therapy biotechnology and biopharma companies for their process development, analytical development and manufacturing needs. Oxford Biomedica has built a sector leading lentiviral vector delivery system, LentiVector® platform, which the Group leverages to develop product candidates in-house, before seeking partners to take the products into clinical trials.

Oxford Biomedica is based across several locations and headquartered in Oxfordshire, UK. In early 2022, the Group established Oxford Biomedica Solutions, a new US based subsidiary AAV manufacturing and innovation business, based near Boston, US.

Oxford Biomedica employs more than 940 people. Further information is available at www.oxb.com.