Neopharm files application for new docetaxel delivery system

Date : 01/02/2008 @ 9:02AM
Source : TFN
Stock : Neopharm Inc (NEOL)
Quote : 0.1362  0.0062 (4.77%) @ 2:52PM
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Neopharm files application for new docetaxel delivery system

        NEW YORK (Thomson Financial) - Neopharm Inc. Wednesday filed a new drug
application with the Food and Drug Administration for a liposomal delivery
system of docetaxel, an ingredient in Taxotere, which is a treatment for
patients with solid tumors after failure of chemotherapy.
    Neopharm plans to enter Phase I clinical study of the Liposome Entrapped
Docetaxel for Injection (LE-DT), which may improve the safety profile of
docetaxel, upon acceptance of its application.
    Shares of the Waukegan, Ill.-based cancer treatment developer closed Monday
at 59 cents.
Melinda Peer
mp/tk1

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