Abraxis seeks advice on strategic options, sources say

04/14/2010 | Reuters

Abraxis BioScience reportedly hired Goldman Sachs and Lazard to help it decide whether to put itself up for sale. Shares of the company have been increasing since results of a late-stage trial for Abraxane were released showing that the treatment significantly improved the overall response rate of patients with advanced nonsmall-cell lung cancer.

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