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Announced

Oxford BioMedica to acquire a manufacturing and innovation business of Homology Medicine for $80m.

Synopsis

Oxford BioMedica, a gene and cell therapy group, agreed to acquire a manufacturing and innovation business of Homology Medicine, a genetic medicines company, for $80m. “Accessing Homology Medicines’ unique AAV capabilities is a major advancement in Oxford Biomedica’s goal to become an innovative global viral vector leader that provides solutions to Cell and Gene Therapy (C&GT) Biotech and Biopharma companies for their process development and manufacturing needs across key viral vectors. Process Development/CMC being one of the most important critical success factors to ensure efficacy, safety and affordability of C&GT, Oxford Biomedica is in a strong position to enable our customers to bring their new medicines to many more patients and change their lives. We look forward to working with Homology’s impressive team and uniquely robust processes to achieve world-leadership as a provider of AAV solutions in addition to enhancing our leadership in lentiviral vectors. Having a U.S. base brings us closer to customers, talent, innovation in academia and pools of capital all of which will allow growth and building a market leadership position,” Dr. Roch Doliveux, Oxford Biomedica Chair and Interim CEO.

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