Just as with humans, dogs are susceptible to many kinds of cancer–now, thanks to a newly approved drug, dog owners have another way to help their pooch pull through.

Palladia, the first cancer medication designed specifically for dogs, causes 37 percent of mast cell tumors to disappear, and has positive effects in roughly 60 percent of the dogs on the medication, according to Pfizer, the company who produces the drug.

Before Palladia, the cancer drugs used to treat animals were those initially developed for use with humans and were not approved by the FDA for animal use.

Palladia, which is showing positive results for treating other animals in addition to dogs, will be available to veterinarians in early 2010.

Source: cbsnews.com