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Published on 9/14/2006 in the Prospect News Biotech Daily.

Array BioPharma gets $3 million milestone from AstraZeneca

By Lisa Kerner

Charlotte, N.C., Sept. 14 - Array BioPharma Inc. received a $3 million payment from AstraZeneca, triggered by dosing of the first patient in a phase 2 trial comparing AZD6244 (ARRY-142886) to temozolomide in the treatment of stage 3/ 4 melanoma patients.

AstraZeneca plans to enroll up to 180 patients at 40 centers worldwide and to begin additional phase 2 studies in other tumors later this year.

Array is a Boulder, Colo., biopharmaceutical company.

AstraZeneca is an international health care business located in Wilmington, Del.


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