History

1994
  • YM BioSciences Inc. established in Canada.
1995-1996
  • Initial financing ($2.5 million)* and in-licensing of nimotuzumab.
1997
  • First external financing ($14.5 million).
2000
  • Raised $17.5 million to expand geographic and product diversification.
  • Acquired tesmilifene and Norelin.
2002
  • Initial Public Offering of $15 million on AIM (London Stock Exchange) and TSX (Toronto Stock Exchange).
2003
  • Out-licensed nimotuzumab in Europe (Oncoscience AG).
  • Completed first financing (PIPE) for C$19 million.
  • Received Special Protocol Assessment (SPA) for tesmilifene from the FDA.
2004
  • Initiated international pivotal breast cancer study with tesmilifene.
  • C$20 million Bought-Deal marketed in US.
  • Listed on AMEX (American Stock Exchange) October 1.
2005
  • Out-licensed tesmilifene in Korea (Shin Poong Pharmaceutical Co., Ltd.).
  • Acquired DELEX Therapeutics Inc. and AeroLEF®.
  • Recruitment of tesmilifene pivotal trial completed in September.
  • Out-licensed nimotuzumab in Korea (Kuhnil Pharmaceutical Co., Ltd.) and South East Asia (Innogene Kalbiotech Pte., Ltd.).
2006
  • US$40 million Registered Direct in US.
  • Acquired Eximias Pharmaceutical Corporation and established YM BioSciences USA.
  • Treasury Department clears nimotuzumab for importation into US for clinical trials.
  • Out-licensed nimotuzumab in Japan (Daiichi-Sankyo Co., Ltd.).
2007
  • Completion of first randomized trial for AeroLEF, successful achievement of primary and secondary endpoints and first IND clearance from FDA.
  • Nimotuzumab cleared for clinical trials in Canada in children with inoperable brain cancer and adult colorectal cancer.
2009
  • Nimotuzumab cleared for clinical trials in Canada and internationally in patients with non-small cell lung cancer and brain metastases from lung cancer.
2010
  • Nimotuzumab cleared for clinical trials in the US in patients with non-small cell lung cancer and brain metastases from lung cancer.
  • Acquired Cytopia Limited and established YM BioSciences Australia Ltd.
  • Acquired CYT387 and CYT997.
* Dollar amounts on this web site are shown in Canadian dollars unless otherwise noted.