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American BioScience licenses Abraxane to Taiho

Under the terms of the license agreement, American BioScience will receive upfront and milestone payments in excess of $50 million, in addition to substantial royalties. Abraxane for injectable

Bristol-Myers advances cancer treatment

Medarex expects to receive an undisclosed milestone payment from its licensee, Bristol-Myers for the advancement into clinical trials of BMS-66513, a fully human antibody that targets CD137, for

Xenome initiates cancer pain trial

The dose-escalating, safety and tolerability study of the drug will be conducted at multiple sites in Australia and undertaken under both US and Australian regulatory authorizations. Xenome has

Pliva gains FDA approval for generic antibiotic

Azithromycin is the AB-rated generic equivalent of Pfizer’s Zithromax, an antibiotic indicated for the treatment of patients with mild to moderate infections caused by susceptible strains of bacteria.