Sun BioPharma Reports Financial Results For Year Ended December 31, 2015 And Provides Business Update
MINNEAPOLIS, March 08, 2016 (GLOBE NEWSWIRE) -- Sun BioPharma, Inc. (OTCPink:SNBP), a biopharmaceutical company developing therapies for the treatment of pancreatic diseases, today released financial results for the year ended December 31, 2015 and provided a business update.
As previously announced, Sun BioPharma began dosing of the first patients in a Phase 1 study evaluating the safety of SBP-101 in patients previously treated for pancreatic cancer. The Phase 1 study is a dose escalation study to determine safety and explore efficacy endpoints in patients with pancreatic ductal adenocarcinoma (PDA) who have failed prior treatment. The study is intended to enroll a maximum of 54 patients from three centers in Australia and up to three centers in the United States. The Company anticipates enrollment of the first cohort of three patients will be completed by early April and anticipates beginning enrollment of patients in the United States during this summer.
As previously announced, Sun BioPharma began dosing of the first patients in a Phase 1 study evaluating the safety of SBP-101 in patients previously treated for pancreatic cancer. The Phase 1 study is a dose escalation study to determine safety and explore efficacy endpoints in patients with pancreatic ductal adenocarcinoma (PDA) who have failed prior treatment. The study is intended to enroll a maximum of 54 patients from three centers in Australia and up to three centers in the United States. The Company anticipates enrollment of the first cohort of three patients will be completed by early April and anticipates beginning enrollment of patients in the United States during this summer.