Search   Advanced Search
LATEST NEWS
 
 
News
 Latest Headlines
 Quick Facts
 Breaking News
 Top Stories
 Feature Articles
 Politics
 US Policy
 General
 Commodities
 Canadian
 UK
 Indian
 Wallstreet Events
 Slide Shows
 US Economic News
 European Economic News
 Asian Economic News
 All Economic News
 FX Top Stories
 Currency Alerts
 Mkt Sensitive News
 Politics
 European Mkt Updates
 Asian Mkt Updates
 Treasury Mkt Updates
 Pop
 Rock
 Classic Rock
 Rap/Hip-Hop
 Country
 Alternative
 Oldies
 Movie Reviews
 DVD Releases
 Box Office
 Slide Shows
 Business News
Commentary/Analysis
 Daily Market Analysis
 US Market Updates
 US Commentary
 Asian Commentary
 European Commentary
 Canadian Commentary
 Indian Commentary
 Sector/Market Trends
Stock Alerts
 Stocks To Watch
 Long Term Stocks
 Before the Bell
 $5 and Under
 After the Bell
 Intraday Updates
 IPOs
 Hot Stocks
Earnings Calendars
 Upcoming Earnings
 Latest Earnings
 Pos Pre Announcements
 Neg Pre Announcements
Corporate Calendars
 Stock Splits
 Stock Buybacks
 Dividends
 Conference Calls
 FDA Calendar
 Board Meetings
 Mergers & Acquisitions
Ratings Changes
 Upgrades
 Downgrades
 Coverage Initiations
 Coverage Reiterated
 All Videos
 Market Commentary
 Top Stories
 Economic News
 Political News
 Foreign Markets
 Corporate News
 Entertainment News
 Top Stories
 Earnings
 Mergers & Acquisitions
 Market Commentary
 Economic News
 IPOs and New Issues
 Corporate News
 Forex News
 Interviews
 Private Equity
Economic Calendar
RTT DeskAlert
CES 2010 Coverage 

Follow Us
RTTNews on Twitter RTTNews on Facebook RTTNews on MySpace RTTNews on YouTube

Font Down Font Up

 
Abraxis BioScience Reports Positive Results From Mid-Stage Trial Of Abraxane In Patients With Advanced NSCLC - Update
8/3/2009 1:06 PM  ET
RELATED NEWS
Abraxis BioScience To Spin-off Abraxis Health; Appoints Bruce Wendel CEO - Update
Abraxis BioScience Confirms Plan To Spin-off Abraxis Health In 2010 - Quick Facts

Trade ABII now with
TOP MARKET NEWS
Stocks Hovering Near Highs In Mid-Afternoon Trading - U.S. Commentary
Obama Meets With House And Senate Leaders In Effort To Boost Bipartisanship
Opel/Vauxhall Unveils €11 Bln Investment Plan; To Cut 8,300 Jobs
Stocks Building On Strong Gains In Early Afternoon Trading - U.S. Commentary
House GOP Leaders Demand White House Scrap Health Reform Legislation Prior To Summit
(RTTNews) -  Biotechnology firm Abraxis BioScience Inc. (ABII: News ), reported Monday that the data from a mid-stage trial has provided evidence of anti-tumor activity in patients with advanced non-small cell lung cancer receiving first-line treatment regimens of albumin-bound nab-paclitaxel in combination with carboplatin.

Clinical activity and safety indicators from the phase 2 study led to the selection of weekly 100 mg/m2 Abraxane as an optimal dose.

José Iglesias, Chief Medical Officer and VP, Global Clinical Development of Abraxis Bioscience said, "The results from this phase 2 study show clinical activity that could offer promise in the treatment of this hard-to-treat cancer. Data from this phase 2 investigation across multiple dose and administration schedules of ABRAXANE led to the decision to initiate a phase 3 trial to further study ABRAXANE for the treatment of NSCLC."

Further, the company said it is conducting a late-stage trial comparing carboplatin in combination with weekly 100 mg/m2 Abraxane or Taxol injection. The phase 3 trial includes 1,050 patients from 111 sites globally.

Abraxane was administered in escalating doses in combination with the standard chemotherapy agent carboplatin. Patients who received 100 mg/m2 Abraxane weekly had higher overall response rates and progression-free survival times compared with patients who received every three week and other weekly dosing regimens, the company noted.
Abraxane is a solvent-free chemotherapy treatment option for metastatic breast cancer which was developed using Abraxis BioScience's proprietary nab technology platform.

The FDA approved Abraxane for Injectable Suspension in January 2005 for the treatment of breast cancer after failure of combination chemotherapy for metastatic disease or relapse within six months of adjuvant chemotherapy.

The company noted that Abraxane is currently in various stages of investigation for the treatment of the following cancers: expanded applications for metastatic breast, non-small cell lung, malignant melanoma, pancreatic and gastric.

ABII is currently trading at $30.53, down 22 cents.

To receive FREE breaking news email alerts for Abraxis BioScience, Inc. and others in your portfolio


by RTT Staff Writer

For comments and feedback: contact editorial@rttnews.com


Share Article:   Del.icio.us    Digg    Y! My Web    Facebook    My Space

Email        Print           Follow Us RTTNews on Facebook RTTNews on MySpace RTTNews on YouTube

     
 

More Breaking News-US

83  Apple Unveils Aperture 3 Photo Editing And Management Software - Update
82  IBM Signs 5-yr Remote Managed Services Agreement With Sandhar Technologies - Update
81  Semiconductor Manufacturing Q4 Loss Widens; Appoints New CBO, COO And CFO - Update
80  Partner Communications Q4 Profit Up - Update
79  ATA Automation Q3 Profit Declines - Update
78  Triple-S Management Q4 Profit Up, Tops View - Update
77  Microsoft, Interpublic Group In Ad-server Solution Deal - Update
76  Stepan Q4 Profit Surges - Update
75  Centene Q4 Profit Up - Update
74  Delta Responds To Japan Airlines Decision To Stay With American - Update
73  American Commercial Lines Q4 Profit Down - Update
72  OJSC VimpelCom Board Recommends Exchange Offer By VimpelCom Ltd - Update
71  American Airlines Says It Is Pleased With Japan Airlines' Continuing Membership In Oneworld Alliance - Update
70  Nabors Industries Expects Q4 Above Street Estimates - Update
69  RiskMetrics Swings To Q4 Profit - Update
  

 

Copyright © 2010 RTTNews. All rights reserved. By using this site, you agree to the Terms of Service.

Feedback| Terms of Service| How To Use RTTNews.com| Advertise| Privacy| Buy Content | RSS