Agouron Acquires New Anti-HIV Drug from Shionogi [International Conference on AIDS (12th: 1998: Geneva, Switzerland)]

= 11111 I[JrIllIIIII I II l IlIl IlIII~lIIllIIII l IJJlJI iI Ag ourcn. 5571095.0147010 Agouron o o 5~ PharmaceuUca, Inc. NEWS Investor Contact: Media Contact: Donna Nichols, Vice President Joy Schmitt, Manager Head of Corporate Communications Product Public Relations (619) 622-3009 (619) 622-3220 For Release at 8:00 a.m. EDT on June 29, 1998 AGOURON ACQUIRES NEW ANTI-HIV DRUG FROM SHIONOGI LA JOLLA, Calif., June 29, 1998 - Agouron Pharmaceuticals, Inc. (Nasdaq: AGPH) today announced it will develop and commercialize S-1153, a second generation non-nucleoside reverse transcriptase inhibitor (NNRTI) for the treatment of HIV infection. Discovered by Shionogi & Co., Ltd., Osaka, Japan, S-1153 is currently the subject of several clinical trials evaluating its dose and its concomitant use with other antiretroviral treatments. S-1153 is of high clinical interest because it is more potent in vitro than other NNRTIs such as nevirapine (Viramune~) and delavirdine (Rescriptor~) and because S-1153 is fully active in vitro against HIV containing the most common genetic mutation associated with resistance to other NNRTIs including efavirenz (SustivaTM). Agouron will have exclusive rights to the development and commercialization of S-1153 in North America, Europe and many other countries, while Shionogi will maintain commercial rights in Japan, Korea, and Taiwan. Under the agreement with Agouron, Shionogi will receive license fees of up to $40 million, including an initial $10 million license fee. In addition, Agouron will pay Shionogi royalties based on sales of S-1153. Results from a phase I dose escalation pharmacokinetic and safety study of S-1153 will be presented at the 12th World AIDS Conference this week by Bruce Dezube, M.D., principal investigator, of the Beth Israel Deaconess Medical Center in Boston. Developing compounds that work against antiretroviral-resistant strains of HIV is an important goal in the treatment of HIV infection. Agouron will move swiftly to initiate additional clinical trials of S-1153 to further evaluate its utility in patients with previous experience with antiretroviral drugs. Agouron Pharmaceuticals, Inc. is an integrated pharmaceutical company committed to the discovery, development, manufacturing, and marketing of innovative therapeutic products -more

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Agouron Acquires New Anti-HIV Drug from Shionogi [International Conference on AIDS (12th: 1998: Geneva, Switzerland)]
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Agouron Pharmaceuticals
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Agouron Pharmaceuticals, Inc.
1998-06-29
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"Agouron Acquires New Anti-HIV Drug from Shionogi [International Conference on AIDS (12th: 1998: Geneva, Switzerland)]." In the digital collection Jon Cohen AIDS Research Collection. https://name.umdl.umich.edu/5571095.0147.010. University of Michigan Library Digital Collections. Accessed May 10, 2025.
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