BioCancell, Pro-Pharmaceuticals to Develop New Cancer Treatment

BioCancell Therapeutics Inc. (BICL), an Israeli biotechnology company, and Pro-Pharmaceuticals Inc., the U.S. developer of technology to treat cancer, will collaborate to develop a treatment for the disease.

The two companies will join to test combination therapies to infect genes that enable cancer to survive and grow, Jerusalem- based BioCancell said in a statement to the Tel Aviv Stock Exchange today.

To contact the reporter on this story: Tal Barak in Tel Aviv at tbarak@bloomberg.net

To contact the editor responsible for this story: Daniel Hauck at dhauck1@bloomberg.net

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