Sapphire Therapeutics, Inc. Licenses Novel Drug To Ono Pharmaceutical Company, Ltd. In Japan, Korea And Taiwan For The Treatment Of Cancer Anorexia/Cachexia

BRIDGEWATER, NJ -- (MARKET WIRE) -- October 26, 2006 -- Sapphire Therapeutics, Inc., a private biopharmaceutical company that develops compounds acting within the ghrelin pathway for metabolic and oncologic diseases, has licensed to Ono Pharmaceutical Co., Ltd. (Osaka, Japan), a novel drug candidate for treating cancer anorexia/cachexia.

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