Article: Serono and Genentech Announce International Marketing Agreement for Psoriasis Treatment Raptiva.

Business Editors/Health & Medical Writers

GENEVA & SOUTH SAN FRANCISCO, Calif.--(BW HealthWire)--Aug. 7, 2002

Serono S.A. (virt-x: SEO)(NYSE: SRA) and Genentech, Inc. (NYSE:DNA) today announced that the two companies have entered into an agreement under which Serono will receive an exclusive license to market the psoriasis treatment Raptiva(TM) (efalizumab, formerly Xanelim(TM)) internationally outside of the United States, Japan, and certain other Asian countries. Development and marketing rights in the United States remain with Genentech and its U.S. partner XOMA (US) LLC (Nasdaq:XOMA) and Genentech retains exclusive marketing rights in Japan and ...

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