Berlex suit is dismissed! Story below:
CAMBRIDGE, Mass., Oct. 8 /PRNewswire -- Biogen, Inc. (Nasdaq: BGEN) today announced that Judge James Robertson of the U.S. District Court of the District of Columbia has dismissed a suit filed by Berlex Laboratories, Inc., claiming the Food and Drug Administration's approval of AVONEX(TM) (Interferon beta-1a) was improper. Judge Robertson held that the FDA acted lawfully when it determined that AVONEX was "clinically superior" to Betaseron under the Orphan Drug law and that "FDA's determination that AVONEX is safe, pure and potent is amply supported by the record." Jim Vincent, Biogen's Chairman and Chief Executive Officer said, "This is a major victory for the multiple sclerosis community and Biogen. The Berlex action was frivolous and inappropriate and against the best interests of people with MS and their physicians. "Since its introduction to the U.S. market in May, AVONEX has been enthusiastically received by patients and physicians. It is the only drug shown to slow accumulation of physical disability and to reduce the number and frequency of exacerbations in patients with relapsing forms of MS. In addition, it has a convenient, once-a-week dosing regimen and a moderate side- effect profile." Biogen, Inc., headquartered in Cambridge, MA, is a biopharmaceutical company principally engaged in discovering and developing drugs for human healthcare through genetic engineering. The Company's revenues are generated from U.S. sales of AVONEX (Interferon beta-1a) for treatment of relapsing forms of multiple sclerosis, and from the worldwide sales by licensees of a number of products, including alpha interferon and hepatitis B vaccines and diagnostic products. Biogen is focused primarily on developing and testing novel products for multiple sclerosis, inflammatory and respiratory diseases and certain viruses and cancers. |