Friday, June 3, 2011

Health News from Medical News Today: Celgene And Acceleron Initiate Phase 2/3 Study Of ACE-011 (Sotatercept) To Treat Chemotherapy-Induced Anemia In Patients With Lung Cancer

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Celgene And Acceleron Initiate Phase 2/3 Study Of ACE-011 (Sotatercept) To Treat Chemotherapy-Induced Anemia In Patients With Lung Cancer
3 Jun 2011, 5:00 pm

Acceleron Pharma, Inc., a biopharmaceutical company developing protein therapeutics for cancer and orphan diseases, and Celgene Corporation (NASDAQ: CELG) today announced the initiation of the first part of a Phase 2/3 clinical study of ACE-011 (sotatercept) for the treatment of chemotherapy-induced anemia (CIA) in patients with metastatic non-small cell lung cancer (NSCLC). Celgene Corporation will make a $7 million milestone payment to Acceleron in accordance with the terms of the collaboration agreement between the two companies...


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