NYC Healthcare News



PBS-Bio announces three new contracts to develop cancer therapy

December 03, 2015

"We feel that we have reached critical momentum for the growth of PBS-Bio," said Dr. Smith. "The pharmaceutical industry is failing in their efforts to bring new cancer drugs to patients with only two drugs approved in 2009, and only two so far this year. The problems are empty pipelines, and outdated methods of drug discovery and development. Pharmaceutical companies are now seeing the value of the PBS-Bio dynamic technology to help bring more new cancer drugs to market faster and cheaper."

In each case, connections to PBS-Bio were made through scientific networks involving the Translational Genomics Research Institute (TGen), a Phoenix-based biomedical research facility.

And in each case, PBS-Bio is providing drug companies with unique real-time looks at how new therapeutics actually work over time within cellular pathways - the so-called mechanisms of action.

Source: The Translational Genomics Research Institute