4/21/2008 2:10:33 PM
April 21, 2008 -- Aida Pharmaceuticals (OTCBB: AIDA) announced that its Shanghai Qiaer subsidiary is working on a second cancer drug, called Vasostatin-Apo2L. The compound is in pre-clinical development. It builds on the previously announced Shanghai Qiaer cancer drug, Rh-Apo2L, which causes apoptosis or cell death. Rh-Apo2L has completed Phase II clinical testing; it will file an application with the SFDA to begin a Phase III trial. More details..
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