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Sitka sets up $1.2m

Feb 18, 2019 • Callum Cyrus

UBC and CDRD spinout Sitka Biopharma has now lured $5.5m in total and is readying its bladder cancer treatment for initial clinical trials.

Sitka Biopharma, a Canada-based bladder cancer treatment technology spun out of University of British Columbia and life sciences commercialisation agency Centre for Drug Research and Development (CDRD), has secured $1.2m from CDRD.
Founded in 2013, Sitka Biopharma is working on cancer drugs that utilise nanoparticle technology to improve absorption in difficult-to-penetrate tissues.
The company’s prime commercialisation candidate, STK-01, is initially indicated for bladder cancer but could also have applications in ovarian cancer and other diseases.
CDRD’s investment…

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