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Published on 4/19/2006 in the Prospect News Biotech Daily.

Hana Biosciences files for $75 million stock shelf

By Jennifer Chiou

New York, April 19 - Hana Biosciences, Inc. filed for a $75 million stock shelf in an S-3 registration with the Securities and Exchange Commission.

The San Francisco development-stage biopharmaceutical company is focused on cancer products and has three compounds in early-stage development: Talotrexin for solid tumor cancers and hematological malignancies, oral spray Zensana for chemotherapy-induced nausea and vomiting, and IPdR for brain cancer.

Proceeds will be used for clinical trials, research and development, sales and marketing, and general and administrative expenses.


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