Xenetic Biosciences Reports Third Quarter Financial Results and Provides Business Update

LEXINGTON, Mass.--(BUSINESS WIRE)--Xenetic Biosciences, Inc. (NASDAQ: XBIO) (“Xenetic” or the “Company”), a biopharmaceutical company developing next-generation biologic drugs and novel orphan oncology therapeutics, announced today its financial results for the three months ended September 30, 2016.

Xenetic also provided an update to its corporate progress, clinical and regulatory status and anticipated milestones for the Company's lead product candidates, including ErepoXen®, a polysialylated form of erythropoietin for the treatment of anemia in pre-dialysis patients with chronic kidney disease, and FDA orphan designated oncology therapeutics Virexxa® and Oncohist™ for the treatment of progesterone receptor negative endometrial cancer and refractory Acute Myeloid Leukemia.

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