Breast cancer drug Abraxane now available in New Zealand
Following approval from the local regulatory authority, women in New Zealand now have access to the breast cancer drug Abraxane (nanoparticle albumin-bound paclitaxel) for the treatment of metastatic breast cancer after failure of anthracycline therapy, via privately-held Australian drugmaker Specialised Therapeutics and will be distributed by Healthcare Logistics, based in Auckland.
The drug, which uses novel nanoparticle technology to deliver the chemotherapeutic agent to the tumor site, has been shown to prolong patient survival times with overall fewer side effects compared with traditional solvent-based chemotherapy treatments.
Abraxane was developed by US firm Abraxis BioScience, which was acquired by fellow USA-based Celgene last year for $58 billion in cash up front and a possible total of $2.9 billion dependent on various milestones (The Pharma Letter July 1, 2010).
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