Abraxis Pharmaceutical Products Receives Tentative Approval for Granisetron Hydrochloride Injection, USP

SCHAUMBURG, Ill.--(BUSINESS WIRE)--Abraxis Pharmaceutical Products (APP), the hospital-based business of Abraxis BioScience, Inc. (NASDAQ:ABBI), today announced that it has received tentative approval from the U.S. Food and Drug Administration (FDA) of its Abbreviated New Drug Application (ANDA) for Granisetron Hydrochloride Injection, 1 mg/mL, 1 mL vials, USP, the generic equivalent of Hoffmann-La Roche’s Kytril® Injection. According to IMS, sales of granisetron hydrochloride injection for 2006 in the United States exceeded $43 million. APP expects to receive final approval for, and commence marketing of, granisetron hydrochloride injection upon patent expiration in December 2007. The product is AP-rated, preservative and latex-free, as well as bar-coded.

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