June 12, 2006

Amgen cancer drug panitumumab gets FDA priority review

LOS ANGELES (Reuters) - Biotechnology company Amgen Inc.
said on Monday that the U.S. Food and Drug Administration has
agreed to a "priority review" of the company's application for
experimental drug panitumumab as a treatment for colon cancer.

With priority review status, the FDA will make its decision
on whether to approve the drug within six months, rather than
the usual 10- to 12-month review period.

The agency grants priority review to products that are
considered to be potentially significant therapeutic
advancements over existing therapies.