LOS ANGELES--(BUSINESS WIRE)--Abraxis BioScience, Inc. (NASDAQ:ABBI), today announced that the record date for the distribution of shares in the proprietary business (the new Abraxis BioScience) will be the close of business (5:00 p.m. EST) on November 13, 2007 and that the distribution will be effective that same day at 11:59 p.m. EST. The company plans to commence mailing of the final information statement, which outlines the operations of the new Abraxis BioScience and provides additional details regarding the separation, on or about November 8, 2007. A copy of the final information statement will be available on the SEC's Web site (www.sec.gov) under the company name "New Abraxis, Inc." This information statement will also be available on the Abraxis Web site at www.abraxisbio.com.
