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Biotech / Medical : Biota

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To: Epicenter who wrote (30)2/10/1999 5:18:00 AM
From: Henrik  Read Replies (1) of 46
 
Swedish News : BIOTA HOLDINGS LIMITED 1999-02-10 ASX
=====================================================================
Yesterday Australia, Sweden today - tomorrow: The World
(TV News headline in Australia today Feb. 10)
=====================================================================
HOMEX - Melbourne +++++++++++++++++++++++++
Dicta Holdings Limited advises that Glaxo Wellcome has received
approval from the Medical Products Agency in Sweden to market Relenza(zanamivir) for the treatment of influenza A and B. In addition,Biota was notified yesterday by the Australian Drug Evaluation Committee (ADEC) of its recommendation for approval to market Relenza for the treatment of influenza A and B. These are the first major steps in the world-wide marketing of Relenza.

Sweden will now act as the Reference Member State in the Mutual
Recognition Process for the purpose of obtaining approval in the
other countries of the European Union. Approvals in European
countries are consequently expected to follow later this year.

Glaxo Wellcome is a research-based company whose people are committed to fighting disease by bringing innovative medicines and services to patients throughout the world and to the healthcare providers that serve them.

Biota is an Australian listed company (BTA) based in Melbourne and
engaged in the funding and management of a research and development
program focusing principally on the discovery of new human
pharmaceuticals for the treatment of viral respiratory diseases and
cancer. The company's ADRs trade in the US on the pink sheets at a
ratio of three shares to each ADR.

For further information please contact:

Dr. Hugh Niall Elizabeth Field/Michael Moore
Chief Executive Officer Turnbull Porter Novelli
Biota Holdings Limited Telephone: 61 3 9289 9555
Telephone:61 3 9529 2311

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