Upstream Biosciences Inc. Announces the Successful Closing of Its $1.50 Unit Financing

VANCOUVER, BC -- (MARKET WIRE) -- May 07, 2007 -- Upstream Biosciences Inc. (OTCBB: UPBS) (“Upstream” or “the Company”) is pleased to announce that the Company has successfully closed the second and final tranche of its unit financing announced on February 26, 2007.

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