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Biotech / Medical : Biochem Pharma (BCHE)

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To: Jim Oravetz who wrote (640)	8/2/1999 12:38:00 PM
From: Jim Oravetz	of 783

BioChem Pharma Gets E.U. OK For Zeffix Hepatitis B Pdt LAVAL, Quebec -- BioChem Pharma Inc. (BCHE) received approval from the European Commission to market Zeffix, lamivudine, an oral treatment for Hepatitis B, in all 15 countries of the European Union. In a press release Monday, BioChem said it receives royalties from Glaxo Wellcome on sales of Zeffix, as Glaxo has the right to make and sell Zeffix worldwide, except Canada, where the companies sell the product jointly. BioChem said Zeffix reduces liver inflammation and produces, after three years of treatment, seroconversion rates of 65% in patients with active liver disease and 40% in the overall patient group.

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