Austria orders recall of unapproved cancer drug

MarketsAssociated Press

Austrian authorities have ordered a recall of a cancer medication that was put on the market without proper approval.

Melphalan is a commonly injected in a solution to treat certain bone marrow cancers. But government medical authorities said Wednesday that "Melphalan Koanaa" — which comes from India — was packaged in Austria by a local company and marketed without official approval.

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Austria's food and drug agency said Wednesday that initial results from analyzing the medication suggest it is safe. It and the Health Ministry say they have filed a criminal complaint against the Austrian company.