Sunshine Biopharma has signed an agreement with The Research Foundation of the State University of New York, acting on behalf of Binghamton University, to develop Sunshine lead compound Adva-27a for the treatment of breast and prostate cancer.

Under the agreement, the parties will conduct necessary research and development to accelerate Adva-27a through various stages of preclinical development and Phase I clinical trials.

The agreement will be in force for three years and shall be renewed automatically for additional year-long periods until the project is completed

Sunshine president and CEO Dr Steve Slilaty said the company was very excited to sign the agreement with Binghamton University.

“We anticipate completion by the first half of 2012 and, if things go as we expect, we anticipate Adva-27a to be available for compassionate-use by the end of the trial,” Slilaty added.

Adva-27a is a small molecule inhibitor of Topoisomerase II, an enzyme found in abundance in multi-drug resistant breast cancer as well as in other types of aggressive cancer.

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