Partnerships & Ventures: Champions To Work With Cephalon
September 9, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Champions Biotechnology, Inc. (OTCBB: CSBR), an oncology drug development company, said it has established an agreement with Cephalon, Inc. (NASDAQ: CEPH), a global biopharmaceutical company, for the testing of the Cephalon novel B-Raf inhibitor CEP-32496 in Champions' Biomerk Tumorgraft platform.
Under the terms of the agreement, Champions will use its Biomerk Tumorgraft to test the effectiveness of CEP-32496 in various cancer indications.
Maryland-based Champions Biotechnology is engaged in the development of 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) in a manner that preserves the biological characteristics of the original human tumor.
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