BALTIMORE, April 4, 2011 /PRNewswire/ -- Champions Biotechnology, Inc. (OTC: CSBR) ("the Company") announced today that it has changed its name to Champions Oncology, Inc.
The name change reflects the Company's new strategic focus on developing advanced technologies to personalize the development and use of oncology drugs. As a result of this new focus, the Company does not currently plan to in-license any additional compounds in the future.
About Champions Oncology, Inc.
Champions Oncology, Inc. is engaged in the development of advanced technology solutions to personalize the development and use of oncology drugs. The Company's Tumorgraft™ Technology Platform is a novel approach to personalizing cancer care based upon the implantation of human tumors in immune deficient mice followed by propagation of the resulting engraftments, or Tumorgrafts™, in a manner that preserves the biological characteristics of the original human tumor. The Company believes that these Tumorgrafts™ , unlike cell line derived xenografts used in tradition testing, closely reflect human cancer biology and their response to drugs is predictive of clinical outcomes in cancer patients. The Company offers personalized Tumorgraft™ development, drug studies and genome sequencing as part of its Personalized Oncology Solutions ("POS") whereby physicians can evaluate the effects of cancer drugs on their patients' Tumorgrafts™ and understand the genetic make-up of their patient's tumor enabling them to better select treatment regimens that may be efficacious to the patient. The Company's Tumorgraft™ Technology Platform is also used to provide Translational Oncology Solutions, or TOS, (previously referred to as Preclinical eValuation services) to leading pharmaceutical and biotechnology customers. This technology can evaluate tumor sensitivity/resistance to various single, combination standard and no
|SOURCE Champions Oncology, Inc.|
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