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Biotech / Medical : Biogen -- Ignore unavailable to you. Want to Upgrade?


To: JEB who wrote (702)8/19/1998 11:06:00 AM
From: SDR-SI  Respond to of 1686
 
To all:

BGEN NEWS:

<<<Biogen Says That Berlex Suit Substitutes Courtroom For Marketplace

PR Newswire, Wednesday, August 19, 1998 at 08:53

CAMBRIDGE, Mass., Aug. 19 /PRNewswire/ -- Biogen, Inc. (NASDAQ:BGEN) said
that a U.S. patent issued yesterday to Berlex, a subsidiary of the German
company Schering A.G., is flawed and characterized Berlex's lawsuit against
Biogen based on this patent as "another attempt to substitute the courtroom
for the marketplace." According to the suit, this patent concerns "a Chinese
hamster ovary ("CHO") cell culture composition that relates to the production
of human beta interferon." Berlex's patent is part of the so-called
"McCormick" claims that the companies have been litigating since 1996. Biogen
believes the new patent, which is similar to the patent that is the subject of
the ongoing litigation between the companies, is flawed in essentially the
same ways as the earlier patent.
Biogen CEO James R. Tobin stated, "The MS community has made AVONEX(R) the
leading therapy worldwide. We expect business to continue as usual and that
we will prevail, just as we did with Berlex's attempt to block the FDA's
approval of AVONEX(R) (Interferon beta-1a) in 1996."
Biogen's AVONEX(R) is the world's leading therapy for multiple sclerosis
and was ruled by the FDA to be "clinically superior" to Berlex's competing
product when Berlex unsuccessfully attempted to block the approval of
AVONEX(R) based on the orphan drug statute and the Administrative Procedure
Act.
In addition to historical information, this press release contains
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. Reference is made in particular to forward-
looking statements regarding predictions as to the outcome of pending
litigation. These statements are based on the Company's current beliefs and
expectations as to such future outcomes. Factors which could cause actual
results to differ materially from the Company's current expectations include
the risk that determinations or decisions adverse to the Company will be made
during the course of the lawsuit.
Biogen, Inc., headquartered in Cambridge, MA, is a biopharmaceutical
company principally engaged in discovering and developing drugs for human
healthcare through genetic engineering. The Company's revenues are generated
from the worldwide sales of AVONEX(R) (Interferon beta-1a) for treatment of
relapsing forms of multiple sclerosis, and from the worldwide sales by
licensees of a number of products, including alpha interferon, hepatitis B
vaccines and diagnostic products. Biogen's research and development
activities are focused on novel products for multiple sclerosis, inflammatory,
respiratory, kidney and cardiovascular diseases and in developmental biology
and gene therapy. For copies of press releases and additional information
about the Company, please consult Biogen's Homepage on the World Wide Web at
biogen.com.

SOURCE Biogen, Inc.
-0- 08/19/98
/CONTACT: Media: Kathryn R. Bloom, Director of Communications,
617-679-2851 or Investment Community: Elizabeth Woo, Manager, Investor
Relations, 617-679-2812 both of Biogen, Inc./
/Company News On-Call: prnewswire.com or fax, 800-758-5804,
ext. 101550/
/Web site: biogen.com./
>>>

Steve