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On November 16, 2006, the U.S. Food and Drug Administration (FDA) approved Herceptin® (Trastuzumab), as part of a treatment regimen containing doxorubicin, cyclophosphamide and paclitaxel, for the adjuvant treatment of HER2-positive, node-positive breast cancer. Adjuvant therapy is given to women with early-stage (localized) breast cancer who have had initial treatment — surgery with or without radiation therapy — with the goal of reducing the risk of cancer recurrence and/or the occurrence of metastatic disease.
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On November 9, Genentech and Tanox announced plans for Genentech to acquire Tanox, a biotechnology company specializing in the discovery and development of biotherapeutics based on monoclonal antibody technology, for $20 per share for a total cash value of approximately $919 million. Genentech and Tanox have been working together in collaboration with Novartis since 1996 to develop and commercialize Xolair® (Omalizumab).
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Investor Webcasts
Event:
2006 Credit Suisse Health Care Conference
Date:
11/16/2006
Time:
9:30 AM PT
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Access Archived Webcast
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Thursday, Nov 16, 2006
FDA Approves Herceptin for the Adjuvant Treatment of HER2-Positive Node-Positive Breast Cancer
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