Printer Friendly
The Free Library
19,604,530 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Corixa and GlaxoSmithKline Issue Statement Regarding IDEC Patent Infringement.


Business Editors, Health/Medical Writers

SEATTLE & PHILADELPHIA--(BUSINESS WIRE)--Sept. 12, 2001

Corixa (Nasdaq:CRXA) and GlaxoSmithKline (NYSE NYSE

See: New York Stock Exchange
:GSK GSK GlaxoSmithKline plc (pharmaceutical company)
GSK Glycogen Synthase Kinase
GSK Gruppentraining Sozialer Kompetenzen (Germany)
GSK Greenland Shark (FAO fish species code) 
) today filed a complaint in Delaware District Court for patent infringement patent infringement n. the manufacture and/or use of an invention or improvement for which someone else owns a patent issued by the government, without obtaining permission of the owner of the patent by contract, license or waiver.  against IDEC IDEC Instituto Brasileiro de Defesa do Consumidor (Portugese: Brazilian Consumer Protection Agency)
IDEC Information Design & End-User Computing
IDEC Interior Design Educators Council, Inc.
 Pharmaceuticals Corporation.

The complaint alleges that IDEC's activities going forward since the Oncologic Drugs Advisory Committee's (ODAC ODAC Old Dominion Athletic Conference
ODAC Oracle Data Access Components
ODAC Oil Depletion Analysis Centre
ODAC Oncologic Drugs Advisory Committee
ODAC Open Democracy Advice Centre
ODAC Open Document Architecture Consortium
ODAC Old Dominion Aquatic Club
) recommendation for approval of Zevalin(TM) infringe, and/or will infringe, U.S. Patent Nos. 5,595,721, 6,015,542, and 6,090,365. The complaint seeks available remedies under the patent laws, including monetary damages and permanent injunctive relief injunctive relief n. a court-ordered act or prohibition against an act or condition which has been requested, and sometimes granted, in a petition to the court for an injunction. . It is our desire to protect our intellectual property without limiting patients' access to radioimmunotherapy. Therefore, we are willing to work constructively with IDEC toward that goal and have extended an offer to discuss licensing of Corixa's patents.

The patents in question cover imaging, composition of matter and methods-of-use in the treatment of non-Hodgkin's lymphoma non-Hodg·kin's lymphoma
n.
Any of various malignant lymphomas characterized by the absence of Reed-Sternberg cells.


Non-Hodgkin's lymphoma 
 (NHL NHL Non-Hodgkin's lymphoma, see there ) with a radiolabeled anti-CD-20 antibody. This broad patent estate clearly encompasses Zevalin.

We filed the suit at this time because IDEC's activities following ODAC's recommendation for approval of Zevalin constitutes, and/or will constitute, infringement of Corixa's patents.

To date, IDEC has made no attempt to contact Corixa or GSK about a license to Corixa's patented technology. We find IDEC's actions in this regard to be particularly surprising because IDEC is clearly aware of the existence and the coverage of these patents. In recent public filings, including its most recent Form 10-Q Form 10-Q

See 10-Q.
 quarterly report filed with the Securities and Exchange Commission, IDEC identified the three Corixa patents named in our suit as having a potential adverse effect on IDEC's ability to make, use, offer to sell, sell and import Zevalin. To acknowledge this risk and yet fail to seek any resolution is evidence of IDEC's intent to knowingly and willfully willfully adv. referring to doing something intentionally, purposefully and stubbornly. Examples: "He drove the car willfully into the crowd on the sidewalk." "She willfully left the dangerous substances on the property." (See: willful)  infringe Corixa's patents.

Corixa and GSK will pursue this matter vigorously to protect Corixa's intellectual property. However, in the interest of resolving this matter outside of litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute.

When a person begins a civil lawsuit, the person enters into a process called litigation.
, we have extended an offer in writing to IDEC CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  William Rastetter to discuss licensing our patents.

It is important to note that this action should have no effect on the regulatory process that Zevalin or our drug, Bexxar(TM), are completing, nor is it likely to prevent IDEC from launching Zevalin. It simply asserts our rights as owners and licensees of important inventions and intellectual property, and asks the court to issue a ruling that prevents IDEC from profiting from technology that they do not have the right to use.

Both Corixa and GSK are focused on developing and marketing innovative therapies for unmet medical needs. Radioimmunotherapy, a novel class of cancer treatments that includes Bexxar, represents an example of such innovation and may offer new hope to patients suffering from NHL. We continue to work closely with regulators to complete the review and release of Bexxar to the market. The Corixa/GSK collaboration to bring Bexxar to these patients is the culmination of years of research and investment. U.S. patent law is designed to protect innovations like Bexxar, and allow the companies that invent them the chance to recoup their significant investment. As such, intellectual property is one of the pillars of the research-driven pharmaceutical industry that Corixa and GSK must vigorously enforce across their entire proprietary portfolios. We believe that the Delaware courts will enforce Corixa's patents. Throughout this proceeding, we intend to protect our patent rights through methods that meet both the needs of patients with NHL and our obligations as public companies.

-- Corixa and GlaxoSmithKline

Corixa Forward-Looking Statement

Except for the historical information presented, certain matters discussed in this press release are forward-looking statements. Forward-looking statements are based on the opinions and estimates of management at the time the statements are made. They are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Factors that could affect Corixa's actual results include, but are not limited to, uncertainties of litigation and the failure of the FDA FDA
abbr.
Food and Drug Administration


FDA,
n.pr See Food and Drug Administration.

FDA,
n.pr the abbreviation for the Food and Drug Administration.
 to approve Bexxar(TM) for commercial sale and the "Factors Affecting Our Operating Results, Our Business and Our Stock Price," described in our Quarterly Report on Form 10-Q for the quarter ended June 30, 2001, copies of which are available from our investor relations department. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release.

GlaxoSmithKline Forward-Looking Statement

Under the safe harbor provisions of the US Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995, the Company cautions investors that any forward-looking statements or projections made by the Company, including those made in this Announcement, are subject to risks and uncertainties that may cause actual results to differ materially from those projected. Factors that may affect the Group's operations are described under Risk Factors in the Operating and Financial Review and Prospects in the Company's Annual Report on Form 20-F for 2000, filed with the US Securities and Exchange Commission.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Sep 12, 2001
Words:832
Previous Article:WestJet Service Update: 9:30 am MDT.
Next Article:PanGeo Pharma Conference Call Re-Scheduled To September 17, 2001.
Topics:



Related Articles
Goodyear Tire & Rubber.
Corixa Outlines Operational Strategy Following Receipt of FDA Complete Review Letter for Bexxar.
Corixa and GlaxoSmithKline Announce Submission of Bexxar Data and Documentation in Support of the Response to U.S. FDA's Complete Review Letter.
IDEC Pharmaceuticals Brings Separate Patent Suits Against Corixa and Glaxo SmithKline Seeking Declaratory Judgment of Non-infringement and Invalidity.
Corixa and GlaxoSmithKline File Suit Against IDEC Pharmaceuticals Corporation for Patent Infringement.
Conference Call/Webcast Alert -- Corixa Corporation Conference Call.
Corixa Reports Strong Third Quarter Results; Revenue for the Third Quarter Up 76 Percent.
Good drug smugglers? (Africa).
Speedline and EKRA enter legal battle.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles