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Oxitec Joins Prime Minister David Cameron on Brazil Trade Mission as Exemplar UK Export Business

October 1, 2012

SAO PAULO, Brazil, October 1, 2012 /PRNewswire/ –

Oxitec, the UK Biotech company pioneering an innovative new approach to combating
Dengue fever, joined a UK trade mission to Sao Paulo and Rio de Janeiro last week led by
UK Prime Minister, David Cameron.

Oxitec is a UK science export success story: it is collaborating with Brazilian
companies to transfer new technologies developed in the UK to fight dengue fever. Dengue
fever is a growing global problem and a major health concern in Brazil. The Oxitec
solution to insect-borne diseases harnesses advanced genetics to create ‘sterile’ male
insects. In Brazil Oxitec has partnered with Moscamed, a leading Brazilian company and the
University of Sao Paulo to deliver the Oxitec solution in the country. In July 2012 at a
ceremony attended by Brazilian Minister of Health, Alexandre Padilha, Moscamed formally
opened a new facility which will enable production of Oxitec’s mosquitoes locally. The
company has demonstrated success in trials in both the Cayman Islands and Brazil and is
developing a range of products in both public health and agriculture.

Oxitec was part of a strong delegation of British businesses travelling with the PM
from the UK with representation from science, energy, defence and sports sectors. The
mission, also joined by Universities and Science Minister David Willetts, Trade and
Investment Minister Lord Green, Minister for Latin America, Hugo Swire, and CBI
Director-General, John Cridland, culminated in a meeting between David Cameron and the
Brazilian President Dilma Rousseff on Friday.

Hadyn Parry, Oxitec CEO, said:

“The UK is a world leader in new science based technologies and we should be looking
to export this expertise to high growth markets, such as Brazil, and turn it into
commercial success. Brazil has a technologically sophisticated regulatory regime ready to
take up the challenge of new scientific approaches. Together we can deliver a solution to
Dengue fever that is both environmentally friendly and cost efficient.”

Lord Green, Trade and Investment Minister, said:

“Brazil’s fast growing economy offers many opportunities for UK companies. Trade
between our two nations increased by a quarter in the last two years and London’s
successful summer of sport has helped to raise the profile of British companies even
further.

“I congratulate Oxitec for securing new partnerships in Brazil. Getting more companies
exporting is a crucial part of the Government’s plan for growth.”

Notes to editors

About Dengue Fever: Dengue Fever is a virus spread by the bite of an infected
mosquito. There is neither medication nor a vaccine to prevent Dengue Fever. Effective
measures to control the dengue mosquito Aedes aegypti are urgently required as globally
the disease is becoming geographically more wide-spread, more prevalent and more virulent.
The incidence of dengue has increased 30 fold in the last 50 years. According to WHO there
are between 50 to 100 million cases per year and 2.5Bn people are at risk. The severe form
of dengue, known as Dengue Haemorrhagic Fever, was first recognized as recently as the
1950s but today has become has become a leading cause of hospitalization and death among
children in Asian and Latin American countries.

About Oxitec (http://www.oxitec.com [
C:\Users\Hadyn.Parry\AppData\Local\Microsoft\Windows\Temporary Internet
Files\Content.Outlook\FDFRS802\www.oxitec.com ])

Oxitec is developing and commercialising an effective and environment-friendly
proprietary technology for the control of significant insect pests. Oxitec’s technology
has the potential to make a major contribution for both global health and agriculture by
combating insects responsible for serious diseases such as dengue fever as well as
agricultural damage. The proprietary technology builds on inventions from the University
of Oxford and employs genetics and molecular biology to enhance the existing radiation
based Sterile Insect Technique (SIT), and to extend the control method to a broader range
of insect pests.

SOURCE Oxitec


Source: PR Newswire