Thursday March 22, 4:20 pm Eastern Time
  Press Release
  SOURCE: Immunex Corporation
  Data from Two of Three Studies With NUVANCE(TM) (soluble IL-4 receptor) Analyzed
  No Apparent Relief for 'Uncontrolled' Asthma Patients, Awaiting Data from Ongoing Study as Steroid Replacement
  SEATTLE, March 22 /PRNewswire/ -- Immunex Corporation (Nasdaq: IMNX - news) today announced results from part of its comprehensive Phase 2 program for NUVANCE. In the two recently completed Phase 2 studies, NUVANCE was generally well- tolerated, but provided no apparent improvement in opening lung airways over a four-week period for patients with persistent asthma. A third Phase 2 study is continuing.
  The third Phase 2 study will evaluate NUVANCE over a three-month period, in approximately 200 asthma patients receiving steroid therapy. Results of the study are expected in the third quarter of 2001.
  ``Because asthma is a highly variable disease, we established a panel of clinical studies as part of our Phase 2 development program for NUVANCE, to assess its potential in a variety of different study designs,'' said Leslie Garrison, MD, MPH, Immunex senior vice president of clinical development. ``We observed no effect on lung function in asthma patients not using long-term steroid therapy, but we await the results of the ongoing study in steroid- dependent patients. We remain committed to the field of asthma with molecules in our pipeline, and future development decisions for NUVANCE will be made when we have data from our ongoing study.''
  The two studies announced today were designed to assess the tolerability and efficacy of NUVANCE in patients not using inhaled corticosteroids to see if NUVANCE would be effective in opening lung airways (bronchodilation) and in keeping airways open over time. The studies were double-blind, multi-center trials with a total of 246 patients. In the first study, 142 patients were randomized to receive one of three doses of NUVANCE or placebo by nebulizer once a week. In the second study, 104 patients were randomized to receive one of two doses of NUVANCE or placebo by nebulizer once a day.
  Preliminary analysis of the studies showed that NUVANCE was generally well-tolerated. Adverse events were similar in the treatment groups. In the treatment group that received NUVANCE, there was no improvement in lung function as measured by forced expiratory volume in one second (FEV(1)) when compared to placebo, which was the primary endpoint for the two studies.
  About Asthma
  An estimated 17.3 million Americans suffer from asthma. During normal respiration, air enters through the nose and mouth, passes through the trachea, and enters a system of complex bronchial tubes that end in tiny air sacs, known as alveoli. When inflammation and muscle constriction cause these passages to narrow, and excess mucus production plugs up the narrowed passages, asthma is the result. Of the approximately 17.3 million Americans with asthma, there are 8.8 million patients with persistent disease, or those who experience chronic symptoms, over the age of five.
  Immunex Corporation is a leading biopharmaceutical company dedicated to improving lives through immune system science innovations.
  NOTE: This news release contains forward-looking statements that involve risks and uncertainties, including risks associated with clinical development, regulatory approvals, our reliance on third-party manufacturers, product commercialization and other risks described from time to time in the SEC reports filed by Immunex, including the most recently filed Form 10-K. An electronic version of this news release -- as well as additional information about Immunex of interest to investors, customers, future employees and patients -- is available on the Immunex home page at www.immunex.com.
  Immunex will host a conference call and live webcast at 2:30 pm PST today to discuss Immunex information disclosed today.
  The live webcast can be accessed by going to the Immunex website at: immunex.com. Following the webcast, an archived version of the call will be available at the same address until March 29, 2001. 
  SOURCE: Immunex Corporation |