VANCOUVER, BC -- (MARKET WIRE) -- March 05, 2007 -- Upstream Biosciences Inc. (OTCBB: UPBS) (“Upstream” or “the Company”) has announced that the Company has secured a $2M equity financing. Under the terms of the deal, Upstream has received $1M in immediate financing and will receive $1M within 30 days contingent on the successful completion of corporate milestones.