News Details
Pharmacia Gives $3.15 Million Grant To NCCN To Advance Innovative Cancer Research Collaboration
NCCN to study clinical applications of therapies in treatment of breast, gynecological, and other forms of cancer
[PEAPACK, NJ] - Pharmacia Corporation today announced it has provided a $3.15 million grant to the National Comprehensive Cancer Network (NCCN) for the development and review of clinical oncology research protocols and trials in breast, gynecological and other forms of cancer. The grant will provide funding for clinical research to identify treatment advances that improve patient survival and, ultimately, quality of life.
"We are pleased to partner with NCCN to advance rigorous studies of our key therapies to evaluate and determine their full therapeutic value for patients," said Gabe Leung, group vice president of Global Oncology Franchise, Pharmacia. "Progress in cancer treatment can be accomplished only through innovative research and clinical trials. Pharmacia`s collaboration with NCCN will facilitate such exploration."
"NCCN`s mission is to provide state-of-the-art cancer care through the study and evaluation of promising new treatments, and through programs that continuously explore the application of current and novel therapies across numerous cancer types. The grant from Pharmacia offers us a tremendous opportunity to meet both these objectives," said Bill McGivney, NCCN`s chief executive officer. "Our collaboration will provide a forum for the open exchange of information to better define the clinical application for the use of two medications in a variety of cancer types."
NCCN will conduct the studies through the NCCN Clinical Trials Network (CTN). CTN was created to facilitate clinical research through the streamlining and centralization of site identification and initiation processes. A particular focus of NCCN`s CTN is the establishment of collaborations with pharmaceutical and biotech companies.
About NCCN
NCCN is a not-for-profit, tax-exempt corporation that is an alliance of nineteen of the world`s leading cancer centers. Through its efforts and those of its member institutions, NCCN seeks to advance the state-of-the-art in cancer care for patients.
Pharmacia Corporation (NYSE:PHA) is a top-tier global pharmaceutical company with a leading agricultural subsidiary. Pharmacia`s innovative medicines and other products save lives and enhance health and wellness. Pharmacia`s 59,000 people work together with many diverse stakeholders to bring these benefits to people around the world, and to create new health solutions for the future.
Pharmacia (NYSE: PHA) has a broad product portfolio, a robust pipeline of new drugs and an annual investment of more than $2 billion in pharmaceutical research and development.
This press release contains forward-looking or anticipatory statements about the Company`s business and product performance, which are based on the information currently available. However, because these forward-looking statements are subject to new information, future developments and uncertainties over time, actual results and product performance may differ materially from those expressed or implied by these forward-looking statements. The Company undertakes no obligation to update any forward-looking statements as a result of new information or future developments.
Media Contacts:
Dulcie Kogut
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Dulcie.Kogut@pharmacia.com