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AVE AVE SA

0.429
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Last Updated: 13:58:55
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Share Name Share Symbol Market Type
AVE SA ASE:AVE Athens Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.009 -2.05% 0.429 0.424 0.432 0.433 0.421 0.424 6,710 13:58:55

Aventis to Move Forward With Reissuance Process for Contested Lovenox Patent

27/07/2004 4:29pm

PR Newswire (US)


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Aventis to Move Forward With Reissuance Process for Contested Lovenox Patent BRIDGEWATER, N.J., July 27 /PRNewswire-FirstCall/ -- Aventis announced today that it received a second rejection from the United States Patent Office (USPTO) on Aventis' application for reissuance of U.S. Patent no. 5,389,618 ('618 patent), relating to Lovenox. Aventis remains committed to continuing with the reissuance process. Even though this rejection is characterized as a "final rejection" by the USPTO, Aventis has the option of continuing the reissuance process or filing an appeal. Aventis believes that if its arguments in response to this rejection are favorably received, the USPTO could issue a notice of approval on Aventis' application by the end of this year and finally reissue the patent in 2005. (Logo: http://www.newscom.com/cgi-bin/prnh/20000501/NYM197 ) Aventis filed an application with the USPTO in May 2003 seeking reissuance of the '618 patent. A reissuance application is typically used to seek modifications in the specifications of a granted patent. During the reissuance process, the '618 patent remains in force. Aventis also previously announced in August of 2003 that it filed lawsuits to enforce the '618 patent (which expires on February 14, 2012) against Amphastar Pharmaceuticals, Inc. and Teva Pharmaceuticals USA who were seeking to market generic versions of Lovenox by filing Abbreviated New Drug Applications (ANDAs) with the U.S. Food and Drug Administration (FDA). By suing to enforce the '618 patent, Aventis initiated an automatic stay prohibiting the FDA from approving these ANDAs for 30 months, or until an earlier court decision adverse to Aventis in a patent infringement lawsuit. Aventis has agreed to be bound in the lawsuit by the ultimate non-appealable outcome of the reissuance proceeding. About Lovenox(R) The No. 1-selling low-molecular-weight heparin in the world, Lovenox(R) was approved in the United States and Canada in 1993. It has been available in Europe since 1987 and is known under the brand names Lovenox(R), Clexane(R) and Klexane(R). Lovenox(R) is the only low-molecular-weight heparin approved by the FDA for all of the following indications: * Prophylaxis of deep-vein thrombosis, which may lead to pulmonary embolism: -- for medical patients who are at risk for thromboembolic complications due to severely restricted mobility during acute illness; -- for patients undergoing abdominal surgery who are at risk for thromboembolic complications; -- for patients undergoing hip replacement surgery, during and following hospitalization; -- for patients undergoing knee replacement surgery. * Prophylaxis of ischemic complications of unstable angina and non-Q-wave myocardial infarction, when concurrently administered with aspirin. * Inpatient treatment of acute deep-vein thrombosis with or without pulmonary embolism, when administered in conjunction with warfarin sodium. * Outpatient treatment of acute deep-vein thrombosis without pulmonary embolism when administered in conjunction with warfarin sodium. IMPORTANT SAFETY INFORMATION LOVENOX(R) (enoxaparin sodium injection) cannot be used interchangeably with other low-molecular-weight heparins or unfractionated heparin, as they differ in their manufacturing process, molecular weight distribution, anti-Xa and anti-IIa activities, units, and dosage. When epidural/spinal anesthesia or spinal puncture is employed, patients anticoagulated or scheduled to be anticoagulated with low-molecular-weight heparins or heparinoids are at risk of developing an epidural or spinal hematoma, which can result in long-term or permanent paralysis. The risk of these events is increased by the use of postoperative indwelling epidural catheters or by the concomitant use of drugs affecting hemostasis. Patients should be frequently monitored for signs and symptoms of neurological impairment. (See boxed WARNING.) As with other anticoagulants, use with extreme caution in patients with conditions that increase the risk of hemorrhage. Dosage adjustment is recommended in patients with severe renal impairment. Unless otherwise indicated, agents that may affect hemostasis should be discontinued prior to LOVENOX(R) therapy. Bleeding can occur at any site during LOVENOX(R) therapy. An unexplained fall in hematocrit or blood pressure should lead to a search for a bleeding site. (See WARNINGS and PRECAUTIONS.) Thrombocytopenia can occur with LOVENOX(R). In patients with a history of heparin-induced thrombocytopenia, LOVENOX(R) should be used with extreme caution. Thrombocytopenia of any degree should be monitored closely. If the platelet count falls below 100,000/mm(3), LOVENOX(R) should be discontinued. Cases of heparin-induced thrombocytopenia have been observed in clinical practice. (See WARNINGS.) The use of Lovenox has not been adequately studied for thromboprophylaxis in pregnant women with mechanical prosthetic heart valves (See WARNINGS.) LOVENOX(R) is contraindicated in patients with hypersensitivity to enoxaparin sodium, heparin, or pork products, and in patients with active major bleeding. Please see accompanying information or go to http://www.lovenox.com/ for complete prescribing information, including boxed WARNING, and additional important information. About Aventis Aventis is dedicated to treating and preventing disease by discovering and developing innovative prescription drugs and human vaccines. In 2003, Aventis generated sales of euro 16.79 billion (US $18.99), invested euro 2.86 billion (US $3.24) in research and development and employed approximately 69,000 people in its core business. Aventis corporate headquarters are in Strasbourg, France. The company's prescription drugs business is conducted in the U.S. by Aventis Pharmaceuticals Inc., which is headquartered in Bridgewater, New Jersey. For more information, please visit: http://www.aventis-us.com/ . Statements in this news release containing projections or estimates of revenues, income, earnings per share, capital expenditures, capital structure, or other financial items; plans and objectives relating to future operations, products, or services; future economic performance; or assumptions underlying or relating to any such statements, are forward-looking statements subject to risks and uncertainties. Actual results could differ materially depending on factors such as the timing and effects of regulatory actions, the results of clinical trials, the company's relative success developing and gaining market acceptance for new products, the outcome of significant litigation, and the effectiveness of patent protection. Additional information regarding risks and uncertainties is set forth in the current Annual Report on Form 20-F of Aventis on file with the Securities and Exchange Commission and in the current Annual Report -- "Document de Reference"- on file with the "Autorite des marches financiers" in France. Pursuant to Article 7 of the COB Regulation no. 2002-04, this press release was transmitted to the Autorite des marches financiers before its release. http://www.newscom.com/cgi-bin/prnh/20000501/NYM197DATASOURCE: Aventis CONTACT: Terri Pedone, +1-908-243-6578, , or Susan Brooks, +1-908-243-7564, , both of Aventis US Communications Web site: http://www.aventis.com/ http://www.lovenox.com/ http://www.aventis-us.com/

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