2009.10.06 – YM BioSciences inks deal to acquire Cytopia

http://www.fiercebiotech.com/story/ym-biosciences-inks-deal-acquire-cytopia/2009-10-06

YM BioSciences inks deal to acquire Cytopia

October 6, 2009 — 10:33am ET | By John Carroll

Canada’s YM BioSciences is taking over Australia’s Cytopia, combining their cancer drug programs into a single pipeline in a $14 million merger deal.

Cytopia’s lead product, CYT997, has wrapped early stage development, where it demonstrated “potent disruption of existing tumor vasculature.” It’s now in a Phase II trial.

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