ENZON INC
8-K, 2000-12-21
BIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES)
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                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

       Date of Report (Date of earliest event reported) December 20, 2000


                                   ENZON, INC.
             (Exact name of registrant as specified in its charter)




         Delaware                      0-12957                      22-237286
(State or other jurisdiction         (Commission                  (IRS Employer
     of incorporation)               File Number)                Identification)




                20 Kingsbridge Road, Piscataway, New Jersey 08854
               (Address of principal executive offices) (Zip Code)


       Registrant's telephone number, including area code: (732) 980-4500


                                       N/A
          (Former name or former address, if changed since last report)


<PAGE>


Item 5. Other Events

PEGINTRON(TM) and REBETOL(R)  Recommended for Approval as Combination Therapy by
European Union's CPMP for the Treatment of Hepatitis C

     Enzon,  Inc.  (the  "Company")  announced  on  December  20,  2000 that the
European Union's (EU) Committee for Proprietary Medicinal Products (CPMP) of the
European  Agency for the  Evaluation of Medicinal  Products  (EMEA) has issued a
positive opinion to Schering-Plough Corporation (NYSE:SGP) recommending approval
of PEGINTRON(TM)  (peginterferon  alfa-2b) Injection and REBETOL(R)  (ribavirin)
Capsules as  combination  therapy for the  treatment of both  relapsed and naive
(previously   untreated)  adult  patients  with  histologically  proven  chronic
hepatitis C.

     The CPMP opinion  serves as the basis for a European  Commission  approval,
which is typically  issued within three to four months.  Commission  approval of
the centralized Type II variations to the Marketing Authorizations for PEGINTRON
and REBETOL would result in unified labeling that would be immediately  valid in
all 15 EU-Member States.

     PEGINTRON has previously received  centralized  marketing  authorization in
the  EU  and  is   marketed  as   monotherapy   in  cases  of   intolerance   or
contraindication   to  ribavirin  for  the  treatment  of  adult  patients  with
histologically  proven chronic hepatitis C. PEGINTRON is a longer-acting form of
Schering-Plough's   interferon  alfa-2b   recombinant   injection  (marketed  as
INTRON(R) A in certain  countries),  developed  using  Enzon's  proprietary  PEG
technology licensed to Schering-Plough.  Under the Company's licensing agreement
with  Schering-Plough,  Enzon is entitled to  royalties  on  worldwide  sales of
PEGINTRON and milestone payments.

     REBETOL has previously received centralized marketing  authorization in the
EU and is marketed  for use in  combination  with  Schering-Plough's  interferon
alfa-2b  injection for the  treatment of both relapsed and naive adult  patients
with hepatitis C.

     The  centralized  Type II  variations  propose  that  PEGINTRON  should  be
administered  as a  once-weekly  subcutaneous  injection at a dose of 1.5 mcg/kg
when used in combination with REBETOL  capsules.  The dose of REBETOL to be used
in  combination  with  PEGINTRON  is based on  patient  body  weight  (<65kg/800
mg/daily;  65-85 kg/1,000 mg/daily;  >85 kg/1,200 mg/daily).  Ribavirin capsules
are to be  administered  orally each day in two divided doses with food (morning
and evening).  It is  recommended  that patients be treated  initially  with the
combination  therapy for six months. In patients showing loss of HCV-RNA1 at six
months,  treatment is to be continued for an additional  six months,  i.e.,  one
year of treatment.

Clinical Trials

     In a pivotal Phase III, randomized, controlled clinical study of two dosing
regimens of PEGINTRON in combination with REBETOL compared to interferon alfa-2b
(INTRON A) in combination with REBETOL,  a total of 1,530  previously  untreated
patients from 62 sites  worldwide (33 U.S., 5 Canada,  22 Europe,  2 other) were
randomized to three treatment arms:

(A)  PEGINTRON  Injection 1.5 mcg/kg once weekly (QW) plus REBETOL  Capsules 800
     mg/daily for 48 weeks (PEG 1.5/R);


<PAGE>


(B)  PEGINTRON  1.5 mcg/kg QW plus  REBETOL  1000-1200  mg/daily  for four weeks
     followed by PEGINTRON 0.5 mcg/kg QW plus REBETOL 1000-1200  mg/daily for 44
     weeks (Peg 0.5/R); or

(C)  Interferon  alfa-2b  (INTRON A)  Injection  3 MIU/three  times  weekly plus
     REBETOL Capsules  1000-1200 mg/daily for 48 weeks (I/R). In this study, the
     combination   of  PEGINTRON  (1.5  mcg/kg  once  weekly)  and  REBETOL  was
     significantly more effective than the combination of interferon alfa-2b and
     REBETOL, particularly in patients infected with Genotype 1 virus. Sustained
     virologic response (SVR) was assessed by the response rate six months after
     the cessation of treatment.

(D)  Sustained virologic response rates in this study were shown to be dependent
     on the dose of  REBETOL  administered  in  combination  with  PEGINTRON  or
     interferon  alfa-2b  (INTRON  A).  In those  patients  who  received  >10.6
     mg/kg/daily  REBETOL (800 mg dose in typical 75 kg patient),  regardless of
     genotype or viral load,  response rates were  significantly  higher than in
     those patients who received <10.6 mg/kg/daily REBETOL.

                          Optimized Weight-Based Dosing
                          -----------------------------
                          (>10.6 mg/kg/daily REBETOL*)

--------------------------------------------------------------------------------
         RESULTS:                (A) PEG 1.5/R     (B) PEG 0.5/R       (C) I/R
--------------------------------------------------------------------------------

         SVR (overall)                 61%               48%              47%
         SVR Genotype 1                48%               34%              34%
         SVR Genotypes 2 & 3           88%               80%              80%

*    10.6  mg/kg/daily  REBETOL  About  Equals  REBETOL 800 mg/daily for patient
     weighing 75 kg.

--------------------------------------------------------------------------------

     Sustained virologic response rates in this study were increased if patients
were able to maintain compliance.  Regardless of genotype, patients who received
the recommended  combination regimen and received >|=80% of their treatment with
PEGINTRON and REBETOL had a higher sustained  response six months after one year
of treatment than those who received <80% of their treatment (72% vs. 46%).

     In  clinical  studies,   the  combination  of  PEGINTRON  and  REBETOL  had
comparable safety profiles as the combination of interferon alfa-2b and REBETOL.
The  most  frequently   reported  adverse  events  with  PEGINTRON  and  REBETOL
combination  therapy  (fatigue,  fever,  headache and rigors) were also the most
frequently   reported  adverse  events  with  interferon   alfa-2b  and  REBETOL
combination therapy.

     PEGINTRON  (peginterferon  alfa-2b),  interferon alfa-2b linked to a 12,000
dalton polyethylene glycol (PEG) molecule,  is a once-weekly product designed to
optimize  the balance  between  antiviral  activity and  elimination  half-life.
Schering-Plough holds an exclusive worldwide license to PEGINTRON.


<PAGE>


Chronic hepatitis C is estimated to affect some 10 million people in major world
markets.  As  many  as 5  million  Europeans  (1 to 2  percent  of  the  general
population) are chronically infected with the hepatitis C virus,  according to a
study  conducted  by the World Health  Organization  (WHO).  In Europe,  chronic
hepatitis C is the leading  cause of chronic  liver  disease and the most common
reason for liver transplant.

     Except for the historical  information herein, the matters discussed herein
include  forward-looking  statements  that may  involve  a number  of risks  and
uncertainties.  Actual  results  may vary  significantly  based upon a number of
factors which are described in the Company's Form 10-K,  Form 10-Qs and Form 8-K
on file with the SEC,  including  without  limitation,  risks in  obtaining  and
maintaining  regulatory approval for expanded indications,  market acceptance of
and  continuing  demand  for  Enzon's  products  and the  impact of  competitive
products and pricing.


<PAGE>


                                   SIGNATURES


     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
Registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.

Dated:  December 20, 2000


                                               ENZON, INC.
                                    -----------------------------------
                                              (Registrant)


                               By:  /s/ Kenneth J. Zuerblis
                                    --------------------------------------------
                                    Kenneth J. Zuerblis
                                    Vice President, Finance and Chief Financial
                                    Officer




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