AB Science and its partners : €10m from OSEO

Paris, 29 June 2010 - as part of the APAS‐IPK project for the development of a new generation of anti‐cancer drugs – AB Science SA (NYSE Euronext ‐ FR0010557264‐ AB), pharmaceutical company specialised in research, development and marketing of protein kinase inhibitors (PKI), Bull, specialist in information technologies and particularly high performance computing solutions, Genomic Vision SA, biotechnology company specialised in molecular diagnosis, and Skuld‐Tech, biotechnology company specialised in the discovery of biomarkers and the development of diagnostic tools and companion tests, established formed a partnership for the development of new targeted cancer treatments.

The partnership will carry‐out of the APAS‐IPK (Amélioration de la Prédictivité de l’Activité et de la Sélectivité des Inhibiteurs de Protéines Kinases en Oncologie [Improvement in Predictiveness of the Activity and Selectiveness of Protein Kinase Inhibitors in Oncology]) project, supported by OSEO’s Industrial Strategic Innovation (ISI) programme.

OSEO, through its programme supporting Industrial Strategic Innovation, will grant the project a total amount of €10m (including notably €6.2m to AB Science, €2m to Bull, €0.7m to Genomic Vision and €0.3m to Skult‐Tech) in the form of repayable advances and subsidies... [PDF] AB Science's Press Release -PDF du communiqué de presse d'AB Science -