Showing posts with label bortezomib. Show all posts
Showing posts with label bortezomib. Show all posts

Wednesday, October 13, 2010

Old Drugs have a lot more Firepower

Celgene Corporation (NASDAQ:CELG) was in the news a few months ago for buying Abraxis BioScience for 2.9 billion (read: A Billionaire’s Biotech Deal And Old Drugs Reborn at forbes.com, or Prominent Drug Chief to Sell Abraxis BioScience to Celgene for $2.9 Billion at nytimes.com)  With this purchase, Celgene has become a big player in the  Oncology biz-space with two re-incarnated drugs: