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Insmed Incorporated

Biopharmaceutical company comments on recent actions by Tercica, Inc.

Published in Law and Health Weekly, February 5th, 2005

Insmed Incorporated (INSM) released the following statement.

On December 23, 2004, Tercica Inc. and its licensor, Genentech, filed a lawsuit in the U.S. District Court for Northern California against Insmed challenging Insmed's right to commercialize its proprietary IGF-I replacement hormone, SomatoKine, in the United States and seeking damages for alleged patent infringement by Insmed's predecessor, Celtrix, of certain patents licensed to Tercica.

Tercica also filed a lawsuit in the United Kingdom against Insmed and its contract manufacturer, Avecia, that was announced last week.

In response to these events, Insmed's chief...

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