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Celegene Corporation: A Leap Towards the Treatment of Cancer

Celegene Corporation: A Leap Towards the Treatment of Cancer
Avatar of Jessica Galfo

This article was written by Jessica Galfo







By Jessica Galfo

Safe and effective are the words that you’d most likely want to hear when it comes to the treatment of cancer and other critical illnesses. The biotechnology company Abraxis BioScience Inc. discovers safe and effective treatments for their patients. Abraxis BioScience has developed Abraxane, the first breakthrough protein-based treatment for tumors. Experts suggest that Abraxane, along with the many other drugs that Abraxis BioScience Inc. holds, will help with the treatment of breast cancer, pancreatic cancer, lung cancer, solid tumors and other critical illnesses.

So how will this benefit cancer patients? Celgene corporation, one of the largest biopharmaceutical companies in the world, will now carry many of the drugs that Abraxis BioScience Inc. has discovered. According to The Wallstreet Journal, “Celgene Corp. (CELG) agreed to acquire Abraxis BioScience Inc. (ABII) for at least $2.9 billion as it expands beyond its core strength in blood-cancer treatments.” This merger will provide many people with Abraxane in the hope of saving lives.

How will this benefit cancer patients? Celgene corporation, one of the largest biopharmaceutical companies in the world, will now carry many of the drugs that Abraxis BioScience Inc. has discovered. According to The Wallstreet Journal, “Celgene Corp. (CELG) agreed to acquire Abraxis BioScience Inc. (ABII) for at least $2.9 billion as it expands beyond its core strength in blood-cancer treatments.” This merger will provide many people with Abraxane in the hope of saving lives.

Sources:

AbraxisBio.com

Celegene.com

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