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Singapore's S*BIO Initiates Phase II Trials In Canada; Picks Up New Investor

This article was originally published in PharmAsia News

Executive Summary

Singapore-based biotech company S*BIO announced it has initiated Phase II trials of its oral histone deacetylase (HDAC) inhibitor SB939 in prostate cancer

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SHANGHAI - Hutchison MediPharma, one of China's leading biotechs, announced Nov. 8 that Tokyo-based venture capital firm Mitsui had acquired a 12.2 percent stake in the company for $12.5 million, generating speculation among China watchers that it could be a first step toward self-funding and an eventual IPO for Hutchison

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