NEW YORK, March 09, 2017 (GLOBE NEWSWIRE) -- BeyondSpring Inc. (Nasdaq:BYSI), a global clinical stage biopharmaceutical company focused on the development of innovative immuno-oncology cancer therapies, visited the Nasdaq MarketSite in Times Square today in celebration of its initial public offering (IPO) on The Nasdaq Stock Market.
“Today marks an important milestone for BeyondSpring, as we are taking another step in making groundbreaking, easily accessible and affordable treatments available for patients all over the world,” said Lan Huang, Ph.D., Co-Founder, Chairman & CEO, BeyondSpring. “BeyondSpring’s innovative approach to both the science and business of immuno-oncology raises the bar for the biopharma industry. Plinabulin’s well-defined mechanism of action is both promising and desirable as we progress through clinic and move closer to bringing it to market.”
“Innovation has always been a vital part of Nasdaq’s heritage, and we are proud to be the exchange partner of disruptive forces in the health care industry,” said Joe Brantuk, Vice President, Listing Services, Nasdaq. “We congratulate BeyondSpring’s listing today and look forward to supporting the company with a dedicated Nasdaq team and resources as BeyondSpring continues to develop multiple therapeutic candidates for a variety of cancers.”
BeyondSpring’s lead asset, Plinabulin, is a novel small molecule that has a well-defined mechanism of action, which enables it to alter the tumor micro-environment while inducing dendritic cell maturation and T-cell activation, contributing to Plinabulin's anti-cancer efficacies. It can also reduce severe Neutropenia, a common and potentially life-threatening adverse effect of chemotherapy agents.
BeyondSpring has a robust pipeline from internal development and from collaboration with the Fred Hutchinson Cancer Research Center and University of Washington. The Company’s experienced management team has also brought a combined 30+ drugs to market.
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