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Industry News (Acquisitions)

AD32 Bladder Cancer Product Added to Pipeline

Published in Cancer Weekly, July 28th, 1997

Medeva PLC, London, United Kingdom, announced that it has acquired from Anthra Pharmaceuticals Inc. exclusive U.S. marketing rights to an anthracycline derivative, AD32, which is being developed for cancer of the bladder.

Anthra has already completed AD32 clinical studies in the U.S. in refractory CIS and a license application is planned for submission in the final quarter of 1997. When approved, AD32 will receive "orphan drug" status for this indication which will confer a seven year period of marketing exclusivity. Trials for the second indication are currently in progress and a license submission is scheduled for early 1999.

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