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»11/03/2007 [Industry news]
Aida Pharmaceuticals, Inc. has initiated pre clinical research of anti cancer treatment

Vasostatin-Apo2L is a recombinant fusion protein with the potential to inhibit tumor growth. The treatment may integrate the function of an extracted fragment of Vasostatin, an inhibitor of angiogenesis and tumor growth with similar results of Rh-Apo2L, the Company's existing anti-cancer treatment currently in Phase II trials, which induces the apoptosis (cellular death) of cancer cells. Scientists from Shanghai Qiaer Biotechnology are researching the potential incorporation of both treatments, Vasostatin-Apo2L and Rh-Apo2L, to increase the overall efficacy of cancer treatment.

 

Aida Pharmaceuticals, Inc. (OTC Bulletin Board: AIDA), one of mainland China's leading pharmaceutical companies, today announced the Company's subsidiary, Shanghai Qiaer Biotechnology, has initiated preclinical research of the potential anti- cancer treatment Vasostatin-Apo2L.

Vasostatin-Apo2L is a recombinant fusion protein with the potential to inhibit tumor growth. The treatment may integrate the function of an extracted fragment of Vasostatin, an inhibitor of angiogenesis and tumor growth with similar results of Rh-Apo2L, the Company's existing anti-cancer treatment currently in Phase II trials, which induces the apoptosis (cellular death) of cancer cells. Scientists from Shanghai Qiaer Biotechnology are researching the potential incorporation of both treatments, Vasostatin-Apo2L and Rh-Apo2L, to increase the overall efficacy of cancer treatment.

Chief Executive Officer of Shanghai Qiaer Biotechnology, Jinsong Zhou, stated, "Earlier this year we announced the formal commencement of Phase II trials of Rh-Apo2L; the trials are underway and moving forward and we anticipate announcing preliminary results later this year. Our researchers have discovered that Vasostatin-Apo2L - a derivative of Rh-Apo2L - may work in tandem with Rh-Apo2L to more effectively treat some forms of cancer. Our scientists intend to leverage their experience and knowledge gained from the research and development of Rh-Apo2L and we believe that Vasostatin-Apo2L, either as a stand alone genetically engineered therapy or as a commingled medicinal approach, will materially increase the efficacy of cancer treatment."

Chairman and Chief Executive Officer of Aida Pharmaceuticals, Biao Jin, added, "Aida Pharmaceuticals' scientists already have an extensive knowledge of recombinant fusion proteins from the research and development of Rh-Apo2L. As a result of this intellectual property, the Company has been successful in receiving support and sponsorship from the scientific community and investors, including several national and municipal funds. Our entrenched position in the Chinese bio-pharmaceutical market along with what we already know about Vasostatin-Apo2L, leads me to believe that Aida Pharmaceuticals and Shanghai Qiaer Biotechnology will be able to cost effectively expedite preclinical research. This new treatment extends Aida Pharmaceuticals' pipeline to eight potential treatments and represents the Company's industry advantage in anti- cancer discovery and potential treatment."


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