TUSTIN, Calif., Sept. 11 /PRNewswire-FirstCall/ -- Peregrine Pharmaceuticals, Inc. (Nasdaq: PPHM - News), a biopharmaceutical company with a portfolio of innovative, clinical stage products for the treatment of hepatitis C virus infection and cancer, today announced that it is completing plans to initiate a clinical trial in India of bavituximab in combination with chemotherapy. The trial is primarily designed to test the safety and tolerability of bavituximab with several standard chemotherapy regimens commonly used for treating major cancer types, including breast, lung and pancreatic cancer. The company is collaborating with an experienced Indian contract research organization with recent success in managing a registration clinical trial for a novel monoclonal antibody therapeutic. The new cancer trial will be conducted according to internationally accepted ICH GCP guidelines. Peregrine expects that results from this study, along with data from its ongoing U.S. Phase I cancer trial, will help support advancing bavituximab into Phase II cancer trials in 2007.
