Thursday, November 5, 2009

Abraxis Health Expands In Arizona

Los Angeles-based Abraxis Health, the personalized healthcare division of Abraxis BioScience, said this morning that it is expanding in Arizona, and will open up a new biopharmaceuticals manufacturing plant in Phoenix. Abraxis said the plant will manufacture ABRAXANE, the firm's chemotherapy treatment for metastatic breast cancer. Abraxis said it will invest $70M in the new factory, which it acquired by Watson Pharmaceuticals in 2007. The new factory is expected to employ 200.

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