The joint venture of Biocon in Abu Dhabi, NeoBiocon has launched Abraxane, the drug for breast cancer, based on nanotechnology, in the UAE. Developed by Abraxis BioScience, Inc., Abraxane will be marketed in South Asia and West Asia by Biocon,  as per the agreement they signed in 2007. The drug will be effective for patients who did not benefit from combination therapy. A chemotherapy agent, the drug combines paclitaxel with a naturally occurring human protein, albumin. The drug can be delivered without the use of solvents, allowing for a higher dosage. Also, the time to administer is 6 times lesser.