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Oxford Biomedica Announces Development Milestone in its Collaboration with Molmed

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Oxford BioMedica has announced that its partner MolMed has received regulatory approval to start a Phase III trial of TK therapy for high risk acute leukaemia.

Under a license agreement with Oxford BioMedica, MolMed’s TK therapy product employs Oxford BioMedica’s retroviral ex vivo gene delivery technology. The start of a Phase III trial of TK therapy triggers an undisclosed milestone payment to Oxford BioMedica.