QSAM Biosciences (OTCQB: QSAM), a clinical stage biotechnology company developing next-generation therapeutic radiopharmaceuticals, including Samarium-153-DOTMP (CycloSam), for the treatment of bone cancer and other diseases and conditions, has added a site for its phase 1 study. The company announced that the Insight Research Institute at the Institute Hospital and Medical Center in Chicago will be operating as a clinical trial site for the study, which is designed to evaluate CycloSam in patients with many types of bone cancer that either originated in or has metastasized to the bone; the institute has been approved to begin enrolling study participants. “We are pleased to be working with the excellent team at Insight Hospital and Medical Center to continue the expansion of our drug-development program for CycloSam in the large population center of Chicago,” said QSAM Biosciences CEO and cofounder Douglas R. Baum in the press release. “We expect the addition of this fourth clinical trial site will help advance our study, and it also constitutes the initial site that will be serviced through our recently announced partnership with the leading nuclear pharmacy network, Radioisotope Life Sciences.”
To view the full press release, visit https://ibn.fm/CGoxs
About QSAM Biosciences Inc.
QSAM Biosciences is developing next-generation nuclear medicines for the treatment of cancer and other diseases. QSAM’s initial technology, CycloSam (Samarium-153 DOTMP), is a clinical-stage, bone-targeting radiopharmaceutical developed by IsoTherapeutics Group LLC, pioneers in the nuclear medicine space that also developed the FDA-approved Quadramet(R) (Samarium-153 EDTMP), which is indicated for bone cancer pain palliation. QSAM is led by an experienced executive team and board of directors that have completed numerous FDA approvals and multiple successful biotech exits. For more information about the company, please visit www.QSAMBio.com
NOTE TO INVESTORS: The latest news and updates relating to QSAM are available in the company’s newsroom at http://ibn.fm/QSAM
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