U.S. Bioscience/Georgetown University
Executive Summary
U.S. Health Care subsidiary's first research agreement is with school's Lombardi Cancer Research Center and Department of Chemistry to support the synthesis and development of cancer drugs. Agreement includes a series of platinum antitumor drugs currently under development. U.S. Bioscience will have first rights of refusal for an exclusive worldwide license on any discoveries from the research. The company was incorrectly called Biosonics in the April 6 edition of "The Pink Sheet.".
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