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Boston Biomedical announces the Grand Opening of its Cambridge Headquarters
Date:7/12/2013

CAMBRIDGE, Mass., July 12, 2013 /PRNewswire/ -- Boston Biomedical, Inc. this week celebrated the relocation of its headquarters to Cambridge, Massachusetts with a grand opening ceremony. Academic, business and government leaders, as well as executives from Dainippon Sumitomo Pharma Co., Ltd. (DSP), the parent company of BBI, joined the celebration.

"We are pleased to celebrate the opening of our new facility, which will greatly expand the efforts of the Boston Biomedical team in our quest for better therapies for cancer," said Dr. Chiang J. Li, M.D. FACP, the founder, president, and CEO of Boston Biomedical, Inc. "With this facility, and the support of DSP, we intend to make significant progress in translating exciting discoveries in cancer stem cell science into innovative therapeutics for cancer patients."

Boston Biomedical is focusing on developing the next generation of targeted cancer therapeutics, and is recognized as an industry leader in the creation of drugs designed to target cancer stem cells (CSC) which are highly malignant and considered to be fundamentally responsible for cancer growth, recurrence, drug-resistance and metastasis.

"Investing in education, innovation and infrastructure is a winning growth strategy for Massachusetts and is the reason we lead the world in life sciences," said Governor Deval Patrick. "We welcome Boston Biomedical's new facility in Cambridge and thank them for their commitment to growing and creating jobs here."

"We chose Cambridge as the location for Boston Biomedical's new headquarters to capitalize on the easy access to leading-edge scientific research and technology developed by the surrounding world-class universities and research institutes," said Mr. Masayo Tada'/>"/>

SOURCE Boston Biomedical, Inc.
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