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 12, 2001

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

           Delaware                  0-12957                      22-2372868
(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


                                       NA
          (Former name or former address, if changed since last report





Item 5. Other Events

                   ENZON ANNOUNCES RESULTS OF CLINICAL STUDIES
      OF PEG-INTRON(TM) AND REBETOL(R) COMBINATION THERAPY FOR HEPATITIS C
           REPORTED BY SCHERING-PLOUGH AT AMERICAN ASSOCIATION FOR THE
                        STUDY OF LIVER DISEASES MEETING

              DATA PRESENTED ON WIDE VARIETY OF PATIENT POPULATIONS


     Enzon, Inc. announced today that  Schering-Plough  Corporation has reported
results of several clinical studies  presented at the 52nd Annual Meeting of the
American Association for the Study of Liver Diseases (AASLD) in Dallas, Texas on
PEG-INTRON(TM)  (peginterferon alfa-2b) Powder for Injection in combination with
REBETOL(R)  (ribavirin,  USP) Capsules for the treatment of chronic hepatitis C.
In all, clinical investigators presented 28 studies with PEG-INTRON.

     PEG-INTRON  is a  longer-acting  form of INTRON(R) A  (interferon  alfa-2b,
recombinant)  Injection that uses proprietary PEG technology developed by Enzon.
Under the Company's licensing agreement with Schering-Plough,  Enzon is entitled
to royalties on worldwide sales of PEG-INTRON.

     PEG-INTRON  and REBETOL  combination  therapy  received  U.S. Food and Drug
Administration  (FDA)  approval  in August  2001 for the  treatment  of  chronic
hepatitis  C in  patients  with  compensated  liver  disease  who  have not been
previously  treated with interferon  alpha and are at least 18 years of age. The
combination  therapy was approved for hepatitis C in the European  Union (EU) in
March 2001.

     In an oral  presentation,  investigators  reviewed clinical data indicating
that  PEG-INTRON and REBETOL  combination  therapy  reduces the rate of fibrosis
progression  in patients with chronic  hepatitis C. The extent of liver fibrosis
is known to be an  important  prognostic  factor in patients  infected  with the
hepatitis C virus (HCV).  Researchers  pooled data from four randomized  studies
involving  3,010  previously  untreated  patients  with pre- and  post-treatment
biopsies who received one of 10 different  regimens utilizing either standard or
pegylated  alpha  interferon  and  ribavirin.  The  histological  impact of each
regimen was  estimated  by the  percentage  of patients  with at least one grade
improvement in liver necrosis and inflammation,  the percentage of patients with
at least one stage  worsening in fibrosis and by the fibrosis  progression  rate
per year. While all regimens reviewed in this study reduced fibrosis progression
rates  in  comparison  to  rates  before   treatment,   PEG-INTRON  and  REBETOL
combination





therapy showed the greatest  improvement in liver necrosis and  inflammation and
the lowest rate of fibrosis worsening among these treatment regimens.

     "The  development of pegylated  interferon is a significant  advance in the
treatment  of  hepatitis  C,  especially  when  used in  combination  with  oral
ribavirin," said Ira Jacobson,  M.D., chief,  division of  gastroenterology  and
hepatology,  Weill  Medical  College of  Cornell  University,  New York.  "It is
imperative  for us now to better define optimal  treatment  regimens using these
therapies  and  further   explore  their  use  in  treating   specific   patient
populations,"  he  said.  Jacobson  is the  lead  investigator  for the  largest
prospective  hepatitis C study  undertaken to date,  which is expected to enroll
more than 4,000 U.S. patients. Schering-Plough is supporting this study.

PEG-INTRON Studies Presented at AASLD

     A large  randomized  study is  ongoing to  evaluate  two  different  dosing
regimens of PEG-INTRON and REBETOL in nonresponders to interferon monotherapy or
combination  therapy  with  ribavirin,  or in patients  who  relapsed  following
combination  therapy.  Of the 330 patients  enrolled in this study to date,  152
have  completed  24 weeks of  treatment  (half way  through  therapy).  Combined
results  of the two  dosing  regimens  for the  subset of  patients  who did not
respond to prior combination  therapy showed that 26% of these patients (29/112)
had a virologic  response after 24 weeks of treatment,  including  patients with
genotype 1 (22/98), the predominant genotype worldwide and the most difficult to
treat.

     In another large ongoing study  involving  patients who failed to clear the
hepatitis C virus  following  interferon-based  therapy,  the first 250 patients
enrolled are being treated with  PEG-INTRON (1.5  mcg/kg/week)  and REBETOL (800
mg/kg/day)  for 48 weeks.  The next 250 patients  enrolled will receive the same
dose of PEG-INTRON,  but in combination with a weight-based dose of REBETOL.  Of
the 132 patients to date who have  received at least 24 weeks of treatment  with
PEG-INTRON (1.5 mcg/kg/week) and REBETOL (800 mg/kg/day),  41% are HCV negative.
Of these patients, 31% with genotype 1a and 49% with genotype 1b, as well as 22%
of previous nonresponders and 25% of African Americans, are HCV negative.

     In a study  designed  to  evaluate  the effect of  adherence  to therapy on
treatment outcome for HCV patients receiving PEG-INTRON and REBETOL, researchers
performed an analysis on data from the pivotal  clinical study  involving  1,530
patients  that served as the basis for U.S.  and EU  regulatory  approval of the
combination  therapy.  Analysis  of  sustained  viral  response(1)  (SVR)  rates
according to patient  compliance  during therapy showed that patients  receiving
>= 80% of their total interferon dose and >= 80% of





their  ribavirin dose for >80% of the expected  duration of therapy had enhanced
SVR rates compared to patients who were not adherent to therapy.

     New treatment  strategies are needed to maximize HCV viral clearance in the
growing  number of patients with chronic  hepatitis C who did not respond to, or
had relapsed following,  previous interferon-based therapy. Researchers at AASLD
presented  interim  data  from  eight  separate  ongoing   prospective   studies
evaluating the safety and efficacy of PEG-INTRON and REBETOL combination therapy
in this treatment setting.

     Treatment  of chronic  hepatitis  C in  patients  co-infected  with HIV has
become a major issue in the last few years as the  prognosis  of HIV disease has
improved  dramatically  with the  development  of highly  active  antiretroviral
therapy (HAART). As a consequence,  an increasing number of co-infected patients
are prone to  develop  cirrhosis  and  end-stage  liver  disease.  Investigators
reported  interim results of an ongoing  open-label  study evaluating the safety
and  efficacy  of  PEG-INTRON  (150  mcg/week)  and REBETOL  (800  mg/day) in 31
co-infected  patients  previously  untreated with  interferon,  many of whom are
receiving  antiretroviral  drugs  for HIV.  After 12 weeks of  treatment,  serum
HCV-RNA was undetectable in 22 patients (75%) and liver enzyme levels normalized
in 27  patients  (85%),  with three  patients  stopping  therapy  due to adverse
effects. These interim results indicate that longer follow up is warranted.

     In a study  comparing the public  health burden of chronic  hepatitis C and
HIV infection in France,  researchers  using  mortality data and natural history
estimates  applied  the  back-calculation   method  to  make  projections  about
incidence  and  mortality  from HCV and HIV up to 1997.  The HCV  model  applied
natural history and hepatocellular carcinoma mortality data from French national
statistics.  The HIV model  used AIDS  cases  reported  to the  French  National
Institute for Public Health  Surveillance  and HIV/AIDS  deaths  reported to the
French  Institute of Health and Medical  Research.  These data indicate that the
public  health  burden of HCV is on the rise in France,  while the burden of HIV
may be on the decline.

     Hepatitis  C virus  recurrence  after liver  transplantation  is common and
poses one of the greatest challenges to transplantation for this indication.  In
a small study,  PEG-INTRON and REBETOL  combination therapy was evaluated in six
patients who developed aggressive recurrent HCV after receiving  transplants for
HCV-related  cirrhosis.  Researchers noted that additional  clinical studies are
necessary  to define  duration  of therapy and  whether  treatment  will lead to
improved overall patient and graft survival.

         A significant number of patients chronically infected with hepatitis C
have cirrhosis or transition to cirrhosis at the time of diagnosis. In order to
define the impact of severe liver





disease on the  pharmacokinetics  and pharmacodynamics of PEG-INTRON and REBETOL
combination  therapy,  pharmacokinetic  data for REBETOL  (1,367  patients)  and
pharmacodynamic  data for PEG-INTRON in combination  with REBETOL (627 patients)
were collected from the pivotal  clinical  study  involving  1,530 patients that
served as the basis  for U.S.  and EU  regulatory  approval  of the  combination
therapy.  Additionally,  pharmacokinetic data for PEG-INTRON (894 patients) were
collected from the pivotal  clinical study  involving 1,219 patients that served
as the basis for U.S. and EU regulatory approval of PEG-INTRON monotherapy.  The
population  models for PEG-INTRON and REBETOL were developed  separately and the
severity of hepatic  fibrosis was  determined  by Knodell HAI score.  Results of
this analysis suggest that baseline fibrosis score had no effect on the apparent
clearance of REBETOL. For PEG-INTRON,  the baseline fibrosis score had no effect
on week 4 clearance.  Furthermore,  the baseline fibrosis score had no effect on
other  pharmacokinetic  parameters,  (end of  treatment)  and the time  that the
clearance of PEG-INTRON declines to half of the baseline clearance (T50).

     Researchers  also  presented  results  of  a  cost-effectiveness  study  of
PEG-INTRON and REBETOL combination therapy in the initial treatment of hepatitis
C. For this analysis,  summary data from the pivotal  clinical  study  involving
1,530  patients that served as the basis for U.S. and EU regulatory  approval of
the  combination  therapy was applied to a previously  published  and  validated
computer cohort simulation to project lifelong clinical outcomes. Their analysis
suggested that PEG-INTRON and REBETOL  combination  therapy should be considered
cost effective, providing good economic value for its clinical benefit.

     PEG-INTRON,  which is approved for dosing according to patient body weight,
is the first and only pegylated interferon product approved for marketing in the
United States.  PEG-INTRON,  recombinant  interferon  alfa-2b linked to a 12,000
dalton polyethylene glycol (PEG) molecule,  is a once-weekly therapy designed to
optimize  the balance  between  antiviral  activity and  elimination  half-life.
Schering-Plough holds an exclusive worldwide license to PEG-INTRON.

     Some 4 million  Americans are infected with the hepatitis C virus (HCV) and
approximately  70 percent of infected  patients go on to develop  chronic  liver
disease,  according  to the Centers for Disease  Control and  Prevention  (CDC).
Hepatitis C infection  contributes to the deaths of an estimated 8,000 to 10,000
Americans each year. This toll is expected to triple by the year 2010 and exceed
the  number of annual  deaths  due to AIDS,  according  to the CDC.  The CDC has
reported that HCV-associated end-stage liver disease is the most frequent





indication for liver  transplantation  among adults. It is predicted that direct
U.S. medical costs to treat HCV-related  disease will exceed $13 billion for the
years 2010 through 2019,  according to a study published in the American Journal
of Public Health.

     Except for the historical information herein, the matters discussed in this
Form 8-K 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/A,  Form 10-Qs and Form
8-Ks on file with the SEC, including without limitation,  risks in obtaining and
maintaining regulatory approval for indications and expanded indications, market
acceptance  of and  continuing  demand for  Enzon's  products  and the impact of
competitive products and pricing.


(1)  Defined as HCV-RNA below limit of detection using a  research-based  RT-PCR
     assay at 24 weeks post-treatment.





                                   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 26, 2001

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






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