Wednesday, August 23, 2017
 
 
Company News: Page (1) of 1 - 03/16/17 Email this story to a friend. email article Print this page (Article printing at MyDmn.com).print page facebook
Champions Oncology Announces Plan to Open New Lab Facility in Rockville, Maryland
 
(March 16, 2017)

HACKENSACK, N.J., March 16, 2017 /PRNewswire/ -- Champions Oncology, Inc. (NASDAQ: CSBR), a company engaged in the development and sale of advanced technology solutions and products to personalize the development and use of oncology drugs, today announced plans for opening a new lab facility in Rockville, Maryland during the second quarter of its 2018 fiscal year. At current levels of business, the Company expects to realize a 10% reduction in lab costs.

Dr. Ronnie Morris, CEO stated, "Investment in this new lab facility represents an important strategic opportunity that will allow us to work more efficiently, provide space to further grow our business and enable significant cost saving opportunities. The opening of this facility will add to our capacity to grow the depth and breadth of our TumorBank and expand our pre-clinical and clinical drug development research. In line with our focus on operational excellence, in this new lab, we will have complete discretion to manage and operate the facility, including husbandry, to best support our business." 

The new facility will include office, conference, lab and vivarium space. The vivarium space will be nearly double the current capacity. 


About Champions Oncology

Champions Oncology, Inc. is engaged in the development of advanced technology solutions and services to personalize the development and use of oncology drugs. The company's technology platform is a novel approach to personalizing cancer care based upon the implantation of primary human tumors in immune-deficient mice to create TumorGrafts that preserve the biological characteristics of the original human tumor in order to determine the efficacy of a treatment regimen. The company uses this technology in conjunction with related services to offer solutions for two customer groups: Personalized Oncology Solutions, in which results help guide the development of personalized treatment plans, and Translational Oncology Solutions, in which pharmaceutical and biotechnology companies seeking personalized approaches to drug development can lower the cost and increase the speed of developing new drugs. For more information, please visit www.championsoncology.com.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/champions-oncology-announces-plan-to-open-new-lab-facility-in-rockville-maryland-300424511.html

SOURCE Champions Oncology, Inc.

Copyright 2014 PR Newswire. All Rights Reserved


Page: 1


Related Keywords: Inc., Science, Lifestyle, Medical, Cancer, Business,
Related Sites: DMN Newswire ,   HTN - Health Technology Net
Related Newsletter: Tutorial Finder ,   Review Seeker ,   DMN Newswire Newsletter
 
 
 
 
 
Seniors

Drugs
  • Medical Sector Contract Electronic Manufacturing Market shows lucrative growth CAGR of 8.8 % by 2022
  • Author Jerry L. Old, MDs newly released ?Jesus Christ M.D.~The Awesome Power of Blending Medicine and Religion for Healing presents stories about spiritual healing.
  • Regenerative Medicine Market Analysis By Product, By Therapeutic Category And Segment Forecasts, 2014 - 2025
  • Pain management devices Market is Expected to Grow at a CAGR of 7.2 % from 2016 to 2023
  • Global 3D Medical Imaging Industry

    Cancer
  • Columbia China Starts Construction on $150M Hospital in Jiaxing, China
  • BioDelivery Sciences President and Chief Executive Officer Dr. Mark A. Sirgo to Retire at Year-End While Continuing as Vice Chairman
  • GetWellNetwork Recognized for Sixth Consecutive Year on Inc. 5000 List
  • CytRx Corporation Files Preliminary Proxy Statement for Upcoming Special Meeting
  • Gaucher Disease Market Is Anticipated To Witness Growth Owing To Increasing R&D Activities And Special Facility For Orphan Drugs Till 2021 | Million Insights
  •  
     
     
     
     
     





    Our Privacy Policy --- About The Health Technology - Contact Us - Advertise With Us - Privacy Guidelines