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OctoPlus and Biolex Announce Joint Development of Locteron

February 18, 2005

OctoPlus, the drug delivery and development company and Biolex Inc., a protein therapeutics company, announced today that they have entered into collaboration for co-development of a controlled release formulation of recombinant human alfa interferon. The product, named Locteron, combines OctoPlus' proprietary biodegradable PolyActive drug delivery technology with Biolex' BLX-883, a recombinant alfa interferon produced in its proprietary LEX System.

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