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Published on 9/28/2006 in the Prospect News Biotech Daily.

Abraxis actively seeking global partner for Abraxane

By Elaine Rigoli

Tampa, Fla., Sept. 28 - Abraxis BioScience, Inc. said Thursday that it is now seeking a global partner for rights to Abraxane.

The Los Angeles-based biopharmaceutical company said its focus is to have Abraxane be the taxane of choice.

To do this, the company said it wants to establish a comprehensive line that focuses on breast and lung cancer, which represents more than 60% to 70% of the taxane opportunities.

The company's European filing has been approved, said Patrick Soon-Shiong, chairman and chief executive officer, at the UBS Global Life Sciences conference in New York.


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