Investing

BioSante’s Cancer Drug Shows Significant Gain (BPAX)

Drug maker BioSante Pharmaceuticals Inc. (NASDAQ: BPAX) has released the results of a Phase Ib study of its pancreatic cancer vaccine GVAX indicating that, when used in combination with another drug, patients survive longer. The drug combination “increased the median survival of pancreatic cancer patients with previously treated, locally advanced or metastatic pancreatic adenocarcinoma survival rate” by 60%, from 3.3 months to 5.5 months. The study also showed a jump in one-year survival from 7% to 27%.

In the pre-market this morning, BioSante shares are up about 25% at $0.86.

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