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Biotech Stocks News: Bioniche Life Sciences Inc. (TSX/ASX: BNC) Approval From Regulators in Canada and the USA for Canine Oncology Product

Category: Investment, Biotech

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News about Bioniche Life Sciences Inc.

July 31, 2012 (Investorideas.com Newswire) - eResearch Corp reports The first of Bioniche Life Sciences Inc.'s two canine oncology products has received approval from regulators in both Canada and the USA.

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The Company has begun market launch activities, and the product - Immunocidin™ - is expected to be available in September 2012 in Canada. A U.S. launch is expected before the end of the year.

Immunocidin™ is based on Bioniche's proprietary cell wall technology, which is derived from the same platform as the Company's Phase III product for human bladder cancer. Immunocidin™ is indicated as an immunotherapy for the intra-tumoral treatment of canine mixed mammary tumour and mammary adenocarcinoma.

Canine cancer is the leading disease-related cause of death in dogs - about one in four dogs dies of cancer. Human chemotherapy is commonly used for treatment of canine cancer, but side effects can affect a dog's quality of life.

Bioniche's Second Canine Therapy

The Company is undertaking dose-confirmation studies for its second canine cancer therapy - an intravenous (I.V.) therapy - before conducting final licensing studies. This work is expected to be completed over the next six to nine months, and then regulatory approvals will be sought (first in North America, then in Australia and Europe).

To Read Complete Research Report from eResearch Corp (www.eresearch.ca): Bioniche Life Sciences Inc. (TSX/ASX: BNC)

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