StockMarketWire.com - Gene and cell therapy group Oxford Biomedica noted that partner Axovant Gene Therapies had delayed the commencement of a trial for a treatment for Parkinson's disease.

Patient-level data in the second cohort of a study demonstrated consistent, clinically meaningful outcomes and evidence of dose response, the company said.

However, due to data and finishing issues, the development of a suspension-based manufacturing process would take longer than expected.

As a result, Axovant did not currently expect that a randomized, sham-controlled trial would enrol patients by the end of 2021, Oxford Biomedica said.

Program updates would be presented as part of Axovant's virtual R&D day on Friday.




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