Updates & Insights on Lion Biotechnologies Inc (OTCMKTS: LBIO)

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Las Vegas, NV -- (SBWIRE) -- 12/12/2013 -- Lion Biotechnologies Inc (OTCMKTS: LBIO) is a development stage biotechnology company. It focuses on developing and commercializing adoptive cell therapy (ACT) using autologous tumor infiltrating lymphocytes. It is used for the treatment of Stage IV metastatic melanoma and other cancers. One of the lead product candidate, Contego, is an ACT using autologous tumor infiltrating lymphocytes (TILs). It is for the treatment of certain cancers.

The TILs migrate from the bloodstream and attack the tumor in an attempt to kill the tumor cells. Genesis Biopharma Inc. has a patent license agreement with the National Institutes of Health to develop and manufacture certain proprietary autologous.

Lion Biotechnologies Inc was previously known as Genesis Biopharma Inc. and changed its name to Lion Biotechnologies, Inc. in September 2013. Lion Biotechnologies, Inc. was established in 2007 and is settled in Woodland Hills, California.

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