Champions Biotechnology Expands Collaboration to Test Oncology Therapeutic in Biomerk Tumorgrafts
Baltimore, MD – October 26, 2009 – Champions Biotechnology, Inc. (OTC Bulletin Board: CSBR), a company with a predictive preclinical platform aimed at accelerating the development and enhancing the value of oncology drugs, has established an agreement with Ortho Biotech Oncology Research & Development, a Division of Janssen Pharmaceutica NV, for the evaluation of a novel preclinical oncology therapeutic in Champions’ Biomerk Tumorgraft platform.
“We are excited to expand this ongoing collaboration in the development of innovative therapeutics in oncology,” said Doug Burkett, Ph.D., President of Champions Biotechnology, Inc. “We continue to grow our customer base and revenues within our Preclinical eValuation business. Our Biomerk Tumorgraft models offer a more predictive preclinical platform to enhance and accelerate oncology drug development. Evaluations in our Tumorgraft models are expected to enable the identification of the most promising development path by focusing on indication, drug combinations, target patient populations and biomarker discovery.”