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Senator Menendez, Lt. Governor Guadagno Unveil New Biotech Firm Oncobiologics
Date:10/17/2011

iotechnology companies operating in New Jersey, the biotechnology industry is becoming increasingly more important to the economic future of our State," said Debbie Hart, President of BioNJ.  "And as demonstrated by the opening of Oncobiologics here today, biotech in New Jersey continues to grow despite a tough economy and competition from other states and countries."

"Oncobiologics is a perfect example of how a biotechnology company is born," Hart continued.  "Working from the foundation of an exciting new technology, a group of intrepid entrepreneurs have been able to bring together resources from the public and private sectors to fashion a company that is exploring new therapies for unmet medical needs and bringing high-paying jobs to the State."

About Oncobiologics, Inc.Headquartered in Cranbury, N.J., Oncobiologics is utilizing a proprietary platform to develop a pipeline of next generation biotherapeutics focused on clinically validated targets in the therapeutic areas of oncology, immuno-oncology, and immunology. Oncobiologics provides world-class, turnkey proof-of-concept services that can take a partner's pre-clinical candidates from chemistry, manufacture and control development all the way through Phase II clinical trials. For more information, please visit www.oncobiologics.com or call 609-619-3990.Contacts:Jeremy CaudillOncobiologics, Inc.609-619-3990 ext. 216jeremycaudill@oncobiologics.comFred FeinerYankee Public Relations908-425-4878Cell: 908-894-3930fred@yankeepr.com
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