This is the third compound to be in-licensed into Champions' rapidly growing pipeline of oncology compounds. Recently, Champions announced the licensing of TAR-1, a single-chain antibody fragment, from Ramot at Tel Aviv University.
"We are excited to work with Champions' experienced scientific team to translate these promising early findings towards a meaningful clinical program by leveraging Champions' preclinical platform," said Demetrios Braddock, M.D., Ph.D., Associate Professor of Pathology in Yale School of Medicine and the Yale inventor of the licensed technology.
"It is gratifying to see the work of Southern Research and Yale scientists being channeled in this way, and to hopefully lead to the development of another new drug for cancer patients," said Nancy M. Gray, Ph.D., vice president of Corporate Development for Southern Research Institute. "This licensing opportunity with the Champions team fits quite well within Southern Research's own mission of conducting basic and translational research that ultimately leads to the approval of a new drug."
The work was funded, in part, by the Yale Clinical and Translational Science Award (CTSA) grant from the National Center for Research Resources at the National Institutes of Health.
About Champions Biotechnology, Inc.
Champions Biotechnology, Inc. is engaged in the development of advanced preclinical platforms and tumor specific data to enhance and accelerate the value of oncology drugs. The Company's Preclinical Platform is a novel approach based upon the implantation of primary human tumors in immune deficient mice followed by propagation of the resulting engraftments (Biomerk Tumorgrafts(TM))
|SOURCE Champions Biotechnology, Inc.|
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