Pro-Pharmaceuticals, Inc. Announces ''Compassionate Use’’ IND for DAVANAT(R) to Treat Biliary Cancer Patient

NEWTON, Mass.--(BUSINESS WIRE)--Pro-Pharmaceuticals, Inc. (Amex: PRW), a company “Advancing Drugs Through Glycoscience®", today announced that the U.S. Food and Drug Administration (FDA) has granted a “compassionate use” Investigational New Drug (IND) application for use of DAVANAT® in combination with 5-Fluorouricil (5-FU) to treat a patient with unresectable cholangiocarcinoma (cancer of the bile duct) that progressed after initial chemotherapy. The patient is being treated at Tampa General Hospital which is a clinical site for the Company’s Phase II trial for first line treatment of patients with advanced biliary cancer.

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