SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Transkaryotic(tktx)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: trevor john wilkinson who started this subject12/14/2001 4:15:20 PM
From: IRWIN JAMES FRANKEL  Read Replies (2) of 122
 
Friday December 14, 3:39 pm Eastern Time
Press Release
SOURCE: Genzyme General
Genzyme Moves Toward Appeal in Patent Infringement Suit Against TKT
CAMBRIDGE, Mass., Dec. 14 /PRNewswire/ -- Genzyme Corp. announced today that the U.S. District Court in Delaware has, at the company's request, clarified certain claim constructions in its Markman ruling of November 29, 2001. Based on this clarification, Genzyme will concede non-infringement in its patent lawsuit against Transkaryotic Therapies Inc. in order to expedite an appeal of the Markman ruling to the Court of Appeals for the Federal Circuit.

Genzyme is suing TKT for patent infringement in connection with the manufacture of Replagal(TM), TKT's enzyme replacement therapy for Fabry disease. The suit alleges infringement of U.S. patent No. 5,356,804, which is exclusively licensed to Genzyme by Mount Sinai School of Medicine. The patent is directed to methods of making alpha-galactosidase in mammalian cells, as well as the genetically-engineered cells themselves. Alpha-galactosidase is the enzyme that is deficient in patients with Fabry disease. Genzyme's unextended patent protection expires in October 2011.

Genzyme General (Nasdaq: GENZ - news), a division of Genzyme Corp., is developing Fabrazyme (agalsidase beta), an enzyme replacement therapy for patients with Fabry disease. Fabrazyme is approved in the European Union, and Genzyme is pursuing authorization to market the product in the United States and elsewhere.

Genzyme's press releases and other company information are available at www.genzyme.com and by calling Genzyme's investor information line at 1-800- 905-4369 within the United States or 703-797-1866 outside the United States.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext