Abraxis Bioscience (MM) (NASDAQ:ABBI)
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From Jan 2020 to Jan 2025
Abraxis BioScience, Inc. (NASDAQ:ABBI), an integrated, global
biopharmaceutical company, today announced that its hospital-based
products business, Abraxis Pharmaceutical Products (APP), has launched
Doxorubicin Hydrochloride Injection, USP 2mg/mL, the generic equivalent
of Adriamycin® PFS
which is owned by Bedford Laboratories, a division of Boehringer
Ingelheim GmbH. According to IMS, sales in 2006 of doxorubicin
hydrochloride injection in the United States exceeded $30 million.
Contracts for this product have already been secured and APP expects to
immediately commence marketing of Doxorubicin, which is commonly used in
the treatment of a wide range of cancers. The product is AP rated,
preservative-free and latex-free.
Doxorubicin has been used successfully to produce regression in
disseminated neoplastic conditions such as acute lymphoblastic leukemia,
acute myeloblastic leukemia, Wilms’ tumor,
neuroblastoma, soft tissue and bone sarcomas, breast carcinoma, ovarian
carcinoma, transitional cell bladder carcinoma, thyroid carcinoma,
gastric carcinoma, Hodgkin’s disease,
malignant lymphoma and bronchogenic carcinoma in which the small cell
histologic type is the most responsive compared to other cell types.
Doxorubicin is also indicated for use as a component of adjuvant therapy
in women with evidence of auxiliary lymph node involvement following
resection of primary breast cancer.
About Abraxis BioScience, Inc.
Abraxis BioScience, Inc. is an integrated global biopharmaceutical
company dedicated to meeting the needs of critically ill patients. The
company develops, manufactures and markets one of the broadest
portfolios of injectable products and leverages revolutionary technology
such as its nab™ platform to discover
and deliver breakthrough therapeutics that transform the treatment of
cancer and other life-threatening diseases. The first FDA approved
product to use this nab platform, ABRAXANE®,
was launched in 2005 for the treatment of metastatic breast cancer.
Abraxis trades on the Nasdaq Global Market under the symbol ABBI. For
more information about the company and its products, please visit www.abraxisbio.com.
Adriamycin® is a
registered trademark of Bedford Laboratories, a division of Boehringer
Ingelheim GmbH