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Champions Biotechnology, Inc. Reports Two Cents per Share Earnings for Three Quarters Ended January 31, 2008
Date:3/6/2008

ndation for our future as we hope to rise to prominence quickly to become a major biotech player," said James Martell, President and CEO of Champions Biotechnology. "It is quite exceptional for a biotech company to generate revenues and earnings at such an early developmental stage."

Champions Biotechnology is actively engaged, as stated in the Company's 10-QSB filing, in pursuit of funding to accelerate the development of the Company's preclinical platform and drug portfolio, development of a management team, selection and appointment of new members to the Board of Directors and formation of a Scientific Advisory Board. The Company looks forward to reporting updates regarding any material events and corporate changes in the future.

About Champions Biotechnology, Inc.

Champions Biotechnology Inc. is engaged in the development of advanced preclinical platforms and predictive tumor specific data to enhance and accelerate the value of oncology drugs for companies and physicians. The Company believes that its preclinical platform is a novel approach based upon the direct implantation of primary human tumors in immune deficient mice and propagation of the resulting xenografts (Biomerk Tumorgrafts(TM)) in a manner that preserves the biological characteristics of the original human tumor. Biomerk Tumorgrafts(TM), unlike cell line derived xenografts used in traditional preclinical testing, are never passaged in cell tissue culture.

The Company believes that these Tumorgrafts more closely reflect human cancer biology and their response to drugs is more predictive of clinical outcomes in cancer patients. The Company plans to leverage the preclinical platform to evaluate drug candidates and develop a portfolio of novel therapeutic candidates through pre-clinical trials. If drugs reach this early stage of development, the Company intends to sell, partner with or license them to pharmaceutical and/or biotechnology companies, as appropriate. Management
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SOURCE Champions Biotechnology, Inc.
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