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InterMune Announces Fourth Quarter and Full Year 2007 Financial Results and Provides 2008 Guidance
Date:2/7/2008

sting supply agreement with Boehringer Ingelheim Austria for the commercial and clinical supply of Actimmune.

Fourth Quarter and Recent Business Highlights

-- Pirfenidone: On November 26, InterMune announced that it had entered

into agreements with Marnac, Inc. and with co-licensor KDL GmbH that

will eliminate future royalty and milestone payment obligations for

pirfenidone related to the 2002 license agreement. The principal terms

of the new agreements were:

-- InterMune made total acquisition payments to the companies of $13.7

million. Of this total, a $7.5 million expense recorded in the

third quarter of 2007 relating to the 2002 license agreement was

applied to the acquisition payments for the new agreements. The

$6.2 million balance of the acquisition payments for the new

agreements was recorded in the fourth quarter of 2007.

-- Contingent acquisition payments associated with the new agreements

of up to an additional $53.5 million would be made by InterMune

only if positive Phase 3 data and registration in the United States

and European Union are achieved.

-- In addition, InterMune acquired exclusive worldwide rights from

Marnac to certain additional intellectual property for pirfenidone

that was not licensed under the 2002 licensing agreement, including

patents relating to the TNF-alpha activities of the compound.

-- ITMN-191: On January 7, 2008, InterMune reported the progress of its

Phase 1b multiple-ascending-dose (MAD) clinical trial evaluating

ITMN-191 (R7227) as monotherapy in patients with chronic hepatitis C

virus (HCV) infection. InterMune reported that:

-- It had completed the first two dosage cohorts in the study, with

total daily doses of up to 300mg, and that
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SOURCE InterMune, Inc.
Copyright©2008 PR Newswire.
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