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Biotech / Medical : Transkaryotic(tktx)

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To: Souze who wrote (73)	1/19/2001 5:03:38 PM
From: dalroi	Read Replies (1) of 122

this is it BOSTON, Jan 19 (Reuters) - At least one of biotech bellwether Amgen's (NasdaqNM:AMGN - news) patents for its anemia drug Epogen was infringed upon by Transkaryotic Therapies (NasdaqNM:TKTX - news), a relatively tiny Cambridge, Mass.-based company, a federal judge ruled on Friday. U.S. District Judge William Young in a 245-page decision found that Amgen's 422 patent ``is valid, enforceable, and literally infringed.'' Amgen reaped about $1.8 billion in sales in 1999 from Epogen, and worldwide revenues were some $4 billion including sales through Amgen's licensing partner Johnson & Johnson (NYSE:JNJ - news). Transkaryotic, with backing from Franco-German pharmaceutical giant Aventis , had developed an alternative method of developing the drug.

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