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NextSource Biotechnology Launches New Strategic Approach to Mitigate Slow-Downs in Manufacturing of Matured Medications in High Demand
Date:9/23/2013

in product re-branding and product diversification of the "Matured & Orphan Drugs". Our future remains focused on maximizing our existing portfolio of products, while maintaining flexibility to bring in additional products as demands change."

NSB's core competencies in marketing and business development enabled us to engage in high volume distribution agreements with the top Wholesalers in the US Market which currently account for high volume nationwide distribution on over 70% of our revenue.

NextSource Biotechnology recently re-introduced the Lomustine (CCNU) product formally known as CeeNu® through an exclusive manufacturing partnership with CordenPharma, Latina. This business development was the result of a divestiture between Bristol-Myers Squibb (BMS) and CordenPharma\NextSource Biotechnology. NSB is currently in the final stage of normalizing the shortage of Lomustine (formally known as CeeNu®) in the U.S. healthcare market. NSB is projected to be off short supply by the close of Q3, 2013. The medication will continue to be distributed under the Lomustine label pending FDA "Brand" name review and approval.  

Lomustine has been shown to be useful as a single agent in addition to other treatment modalities, or in established combination therapy with other approved chemotherapeutic agents in the following:

Brain tumors—both primary and metastatic, in patients who have already received appropriate surgical and/or radio therapeutic procedures.
Hodgkin's disease—secondary therapy in combination with other approved drugs in patients who relapse while being treated with primary therapy, or who fail to respond to primary therapy.

About our Partner: CordenPharma is an expert Contract Manufacturing partner helping leading pharmaceutical and biotechnology companies link their requirements for product success with their patients' heal
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SOURCE NextSource Biotechnology
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