An anticancer drug that was first derived from the bark of the Pacific yew tree and is used in the treatment of ovarian and breast cancer that has not responded to prior therapy.
[Pac(ific yew) + New Latin (brevifō)li(a), specific epithet of the Pacific yew (Latin brevis, short + Latin fōlium, leaf; see folium) + alteration of Taxol.]
IVAX Corporation (AMEX:IVX), Miami, Fla., has received approval to market its proprietary anti-cancer drug, PAXENE (paclitaxel), in Canada for the treatment of AIDS-related Kaposi's sarcoma in patients who have failed prior liposomal anthracycline therapy.
"Our investment thesis was validated by a late July announcement that Paxene, Ivax' proprietary version of cancer chemotherapy agent Taxol, was approved for marketing in Europe.
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