Northwest Biotherapeutics Resuming Enrollment In Promising 240-Patient Clinical Trial of DCVax(R) for Brain Cancer

BETHESDA, Md., Jan. 24, 2011 /PRNewswire/ -- Northwest Biotherapeutics (OTC Bulletin Board:NWBO.ob - News) announced today that the Company is resuming enrollment of additional new patients into its ongoing 240-patient, double blind, randomized, placebo controlled Phase II clinical trial of DCVax® for Glioblastoma multiforme (“GBM”) brain cancer.

To date, this trial has been conducted at 13 clinical sites across the U.S., with 33 patients already having been enrolled. These patients have continued to be treated with the DCVax® regimen and follow-up during the last two years. The only aspect of the trial that stopped for a period of time was the enrollment of additional new patients beyond the 33 patients who were already enrolled and receiving ongoing treatment. The Company is now resuming the process of accepting additional new patients to complete the trial.

GBM is a highly lethal cancer with at least 12,000 new cases per year in the US, and at least 40,000 new cases per year worldwide. With standard of care treatment (including surgery, radiation and chemotherapy), the median time to recurrence of the patient’s tumor is only about 6.9 months, and the median survival of the patient is only about 14.6 months. Less than 5% of such patients are still alive at 5 years. These clinical timelines for recurrence and survival have not changed significantly in decades.

DCVax® mobilizes the powerful immune system as a whole, in a natural way, without toxicity. DCVax® is a personalized therapy made from a fresh set of the patient’s own master immune cells (“dendritic cells” or “DCs”) and biomarkers from the patient’s own tumor. Prior clinical trials of DCVax® for GBM brain cancer have shown striking results. In the patients who received DCVax®, the median time to recurrence of the tumor was more than 2 years (vs. 6.9 months with standard of care), and the median survival was 3 years (vs. 14.6 months with standard of care). In addition, according to the latest long-term follow-up data as of July 2010, 33% of the patients had reached or exceeded 4-year survival; 27% of the patients had reached or exceeded 6-year survival, and the longest surviving patient to date had exceeded 10 years.

According to Bob Gibbs, a 6-year survivor of brain cancer who has been treated with DCVax®: “There is no question in my mind that I am alive today because of this vaccine. We need to finish this trial, and hopefully be able to make DCVax available to as many brain cancer patients as possible, as soon as possible, so that others can have the benefits that I have experienced. Any patients who would like to obtain more information about DCVax, the clinical trial or patients’ experiences are welcome to contact our organization, Miles for Hope (727-781-4783), and speak with Executive Director Barbara Gibbs or me.”

Dr. Linda Liau, Principal Investigator in the 240-patient Phase II clinical trial of DCVax® for GBM brain cancer, Professor and Vice Chair of Neurosurgery and Director of the UCLA Brain Tumor Program, commented that “after more than 10 years of development, DCVax is poised to make a real difference in the future treatment of brain cancer. DCVax is at the forefront of personalized therapy, which offers great potential for improving patients’ outcomes. DCVax is also non-toxic and allows our patients to carry on with their lives in a normal fashion. I’m excited to see the large Phase II trial moving towards completion.”

“Primary brain tumors are a major problem with an urgent need for new and better treatments,” said Dr. Michael Gruber, Clinical Professor of Neurology and Neurosurgery at the NYU Langone Medical Center. “Despite the significant advances in neurosurgery, radiation medicine, and new chemotherapy agents, such as Temodar, and targeted agents, such as Avastin, median survival of newly diagnosed patients with GBM remains at approximately 15 months. Phase I studies on DCVax have shown promise, with a number of patients living more than 3 years. We are hopeful that by completing a larger study these results will be confirmed as statistically significant and lead to better outcomes.”

“The very promising results to date, coupled with the excellent safety profile, make DCVax a strong candidate for future standard of care for brain cancer patients,” commented Dr. John Trusheim, Medical Director of Neuro-Oncology at the Virginia Piper Cancer Institute at Abbott Northwestern Hospital in Minneapolis. “Resumption of enrollment in this important trial will bring that goal one step closer.”

About Northwest Biotherapeutics

Northwest Biotherapeutics is a biotechnology company focused on developing immunotherapy products that treat cancers more effectively than current treatments, without toxicities of the kind associated with chemotherapies, and on a cost-effective basis. The Company has two broad platform technologies: dendritic cell-based vaccines and therapeutic antibodies. The Company’s lead clinical trial is a 240-patient Phase II trial in newly diagnosed Glioblastoma multiforme (“GBM”), the most aggressive and lethal of brain cancer. The Company also previously received clearance from the FDA for a 612-patient Phase III trial in prostate cancer, and clearance from the FDA for Phase I trials in five other cancers. The Company has also conducted a Phase I/II trial with DCVax® for recurrent metastatic ovarian cancer. The Company’s second technology platform, involving antibodies to CXCR4, is at the pre-clinical development stage.

As reported, the Company recently received funding from a number of new institutional investors, as well as from existing individual and institutional investors. The new investors have expressed interest in providing further funding, and are anticipated to be a source of ongoing funding.

For further information about clinical sites and about the Company, please visit the Company’s web site at www.nwbio.com.

Disclaimer

Statements made in this news release that are not historical facts, including statements concerning future treatment of patients with GBM using DCVax®-Brain and future clinical trials, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “expects,” “believes,” “intends,” and similar expressions are intended to identify forward-looking statements. Actual results may differ materially from those projected in any forward-looking statement. Specifically, there are a number of important factors that could cause actual results to differ materially from those anticipated, such as the Company’s ability to raise additional capital, risks related to the Company’s ability to enroll patients in its clinical trials and complete the trials on a timely basis, the uncertainty of the clinical trials process, uncertainties about the timely performance of third parties, and whether the Company’s products will demonstrate safety and efficacy. Additional information on these and other factors, including Risk Factors, which could affect the Company’s results, is included in its Securities and Exchange Commission (“SEC”) filings. Finally, there may be other factors not mentioned above or included in the Company’s SEC filings that may cause actual results to differ materially from those projected in any forward-looking statement. You should not place undue reliance on any forward-looking statements. The Company assumes no obligation to update any forward-looking statements as a result of new information, future events or developments, except as required by securities laws.

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