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Biotech / Medical : Biotechnology Value Fund, L.P.

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To: scaram(o)uche who wrote (3343)12/17/2002 6:34:49 PM
From: scaram(o)uche of 4974
 
US FDA panel backs Corixa lymphoma drug Bexxar
Tuesday December 17, 6:28 pm ET

BETHESDA, Md., Dec 17 (Reuters) - A U.S. advisory panel on Tuesday said the experimental cancer drug Bexxar, developed by Corixa Corp. (NasdaqNM:CRXA - News) and Britain's GlaxoSmithKline Plc (London:GSK.L - News), had benefits in treating non-Hodgkin's lymphoma.

The Food and Drug Administration advisory committee did not take a formal vote on Bexxar, which is aimed at helping non-Hodgkin's lymphoma patients whose disease has relapsed or become resistant to other treatment.

Nevertheless, members of the panel were impressed by Bexxar's data. "It's at least as good, if not better, than what's out there," said James Krook, a cancer specialist from Duluth, Minnesota.

(snip)
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