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YMI BioSciences Gets OK to Import Drug


Al Musella's Comments: (This is his personal views and are not necessarily the views of the Musella Foundation!)



Website: http://www.chron.com/disp/story.mpl/ap/fn/4211811.html

Posted on: 09/29/2006

Sept. 25, 2006, 6:48AM
YMI BioSciences Gets OK to Import Drug

NEW YORK — YM BioSciences Inc., which focuses on oncology and acute care products, said Monday it received approval from the Office of Foreign Assets Control of the Treasury Department to import nimotuzumab.

Nimotuzumab, a monoclonal antibody that targets the epidermal growth factor receptor, was developed at the Center for Molecular Immunology affiliated with the University of Havana.

The license granted lets YM start clinical trials in children with pontine glioma, or inoperable malignant brain tumors.

The commercialization of the drug would require an additional license from OFAC, the company said.




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