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Biotech / Medical : Cell Genesys (CEGE) -- Ignore unavailable to you. Want to Upgrade?


To: SemiBull who wrote (1168)1/2/2002 7:54:36 PM
From: SemiBull  Read Replies (1) | Respond to of 1298
 
Abgenix to test its lead drug on cancer patients
NEW YORK, Jan 2 (Reuters) - Abgenix Inc. (NasdaqNM:ABGX - news) said on Wednesday it plans to test its experimental anti-inflammatory drug in patients with cancer, potentially adding a new market for its leading drug candidate.

The Fremont, California-based biotechnology company said it plans to test the drug in humans with metastatic melanoma, a serious form of skin cancer.

Abgenix aims later to test the drug against other cancers including head and neck cancer, breast cancer, non-small cell lung cancer, ovarian cancer and brain cancer.

Cancer is the fourth disease Abgenix hopes to attack with its drug, known as ABX-IL8. It is also testing it in patients with pulmonary disease, psoriasis - a skin disorder - and rheumatoid arthritis.