Oxford Biomedica sees progress in its eye drugs.
British gene therapy specialist Oxford BioMedica (OXB.L) said on Tuesday it would have all four of its eye disease drugs in clinics by the end of next year, and its cash burn would slow in the second half of 2010. The company also posted a net loss of 2.9 million pounds ($4.5 million) for the six months to end-June, against a 0.5 million loss for the same period a year ago, on revenue of 5.3 million pounds.