Oxford Biomedica (OXB)

Sector:

Pharma and Biotech

Index:

FTSE Small Cap

398.00p
   
  • Change Today:
    -10.50p
  • 52 Week High: 445.00
  • 52 Week Low: 166.80
  • Currency: UK Pounds
  • Shares Issued: 105.36m
  • Volume: 91,279
  • Market Cap: £419.33m
  • RiskGrade: 125

Oxford Biomedica strikes new license and supply agreements

By Iain Gilbert

Date: Monday 13 Dec 2021

LONDON (ShareCast) - (Sharecast News) - Gene and cell therapy group Oxford Biomedica has struck new license and supply agreements for its lentiviral vectors.
Oxford Biomedica said on Monday that it had signed a new licence and supply agreement with Arcellx, a Maryland-based biotechnology company, granting it a non-exclusive licence to the group's LentiVector platform for application in select Arcellx CAR-T programmes as part of a three-year clinical supply agreement.

Under the terms of the agreement, Oxford Biomedica will receive payments related to the development and manufacturing of lentiviral vectors for use in clinical trials and also allows for payments for the manufacture and supply of lentiviral vectors for commercial use.

Separately, the FTSE 250-listed firm agreed to an extension and update to its commercial supply Agreement with Novartis for the manufacture of its lentiviral vectors for several Novartis CAR-T products.

Oxford Biomedica said the pair had extended the terms of their commercial supply agreement to the end of 2028, with Oxford regaining the rights to its LentiVector platform relating to three CAR-T targets. Oxford Biomedica highlighted that it now also has the right to work with potential pharmaceutical and biotech partners other than Novartis across all CAR-T targets.

As of 0820 GMT, Oxford Biomedical shares were down 0.92% at 1,192.95p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

OXB Market Data

Currency UK Pounds
Share Price 398.00p
Change Today -10.50p
% Change -2.57 %
52 Week High 445.00
52 Week Low 166.80
Volume 91,279
Shares Issued 105.36m
Market Cap £419.33m
RiskGrade 125

OXB Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
31.96% below the market average31.96% below the market average31.96% below the market average31.96% below the market average31.96% below the market average
16.00% above the sector average16.00% above the sector average16.00% above the sector average16.00% above the sector average16.00% above the sector average
Price Trend
88.50% above the market average88.50% above the market average88.50% above the market average88.50% above the market average88.50% above the market average
95.92% above the sector average95.92% above the sector average95.92% above the sector average95.92% above the sector average95.92% above the sector average
Income Not Available
Growth
52.8% below the market average52.8% below the market average52.8% below the market average52.8% below the market average52.8% below the market average
52.94% below the sector average52.94% below the sector average52.94% below the sector average52.94% below the sector average52.94% below the sector average

What The Brokers Say

Strong Buy 1
Buy 3
Neutral 5
Sell 0
Strong Sell 0
Total 9
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

OXB Dividends

No dividends found

Trades for 31-Oct-2024

Time Volume / Share Price
16:40 15,468 @ 397.43p
16:35 18,278 @ 398.00p
16:35 7 @ 398.00p
16:35 357 @ 398.00p
16:35 242 @ 398.00p

OXB Key Personnel

Chair Roch Doliveux
CEO Frank Mathias
CFO Lucinda (Lucy) Crabtree

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