Monday, July 18, 2011

Talon latches on to accelerated approval for leukemia drug

Talon Therapeutics Inc. will seek accelerated approval from the Food and Drug Administration for its experimental treatment of a type of leukemia.
San Mateo-based Talon said Monday that it filed a new drug application for Marqibo, a capsule form of the FDA-approved anticancer drug vincristine, against adult Philadelphia chromosome negative acute lymphoblastic leukemia. Talon (OTC BB: TLON) said its drug could last longer in the blood and accumulate at the tumor site, increasing the amount of vincristine delivered to the tumor.

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