ENZON INC
8-K, 2000-11-07
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) November 7, 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)


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<PAGE>

Item 5. Other Events

     Enzon,  Inc.  announced today that results from an ongoing Phase I clinical
trial  of  PROTHECAN(TM)  (PEG-camptothecin)  will  be  presented  at  the  11th
NCI-EORTC-AACR  Symposium  on New  Drugs in Cancer  Therapy  in  Amsterdam.  Dr.
Desiree Hao of the Cancer  Therapy  and  Research  Center  (CTRC;  San  Antonio,
Texas),  an  investigator  in the trial,  reported that  PROTHECAN has been well
tolerated at doses up to 7,000 mg/m2, with myelosuppression  being the principal
dose-limiting  toxicity.  Pharmacokinetic  data show that biologically  relevant
plasma  concentrations  of free  camptothecin were sustained for up to 168 hours
after a single dose of PROTHECAN, and antitumor activity has been observed. Dose
escalation is  continuing  in this and a second Phase I trial of  PROTHECAN,  in
order to  establish  the  maximum  tolerated  dose  for use in Phase II  trials,
planned to begin in early 2001.

     PROTHECAN  is  a   PEG-enhanced   version  of  a  small   molecule   called
camptothecin,  which is an  anticancer  compound  in the  class of drugs  called
topoisomerase  inhibitors.  Camptothecin,  which was  originally  studied at the
National  Institutes  of  Health,  is  believed  to  be a  potent  topoisomerase
inhibitor.  For many years  camptothecin  has been known to be a very  effective
oncolytic agent but its drug delivery  problems have limited its use.  Recently,
two camptothecin  derivatives,  topotecan and irinotecan,  have been approved by
the FDA for the treatment of ovarian and colorectal cancers, respectively. While
these two new products are more soluble than  camptothecin,  their efficacy rate
is  relatively  low.  Despite  their  limitations,  these two products  together
achieved 1999 worldwide sales of approximately $550 million.

     Except for the historical information herein, the matters discussed in this
news release  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-Q's
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.  The  forward-looking  statements included in
this news release provide the information  included in such statements as of the
date of this news  release and the Company  disclaims  any duty to update any of
such statements.


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<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: November 7, 2000


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


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



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