Article: Biocon to market Abraxis' breast cancer drug in India.

Biocon to market Abraxis' breast cancer drug in India

Mumbai, Aug 9 (PTI) -- Biocon Ltd today announced it has entered into a licensing agreement with US-based Abraxis BioScience Inc for selling 'Abraxane' in India, used in treatment of breast cancer.

"Abraxane adds tremendous value to our innovation led Oncotherapeutics marketing strategy," Biocon Chairman and Managing Director Kiran Mazumdar-Shaw said in a statement to the Bombay Stock Exchange.

'Abraxane' for injectable suspension is indicated for the treatment of breast cancer. As it does not contain solvents, there is a reduced risk of certain hypersensitivity-related side effects and so ...

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