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Re: None

Saturday, 09/29/2007 5:01:18 PM

Saturday, September 29, 2007 5:01:18 PM

Post# of 3757
Drug Pipeline

[Updated for restructuring of Tyzeka
relationship with Novartis.]




1. Effective 9/28/07, NVS is responsible for worldwide marketing and clinical development of Tyzeka/Sebivo and will book sales in all jurisdictions. IDIX will receive a royalty on worldwide sales and has no responsibilities whatsoever.

2. IDIX’s HIV and HCV drugs are non-partnered. NVS has the option to license these drugs on mutually agreeable terms before the drugs are offered to another prospective partner. NVS’ opt-in/opt-out decision will likely be made following the end of phase-2a.

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