For the third time in the company’s history, the Danish biotech company Saniona, mostly known for its research in treatment of obesity and diabetes, has spun off activities in a separate company.
Saniona spins out cancer project in new firm
Scandion Oncology, a spinoff from Saniona, has high hopes for the company’s candidate drug for the treatment of cancer. The drug has already been through clinical phase I and the plan is to begin phase II clinical trials on cancer patients within two years.
BY SØREN DURAN DUUS
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