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Living Longer Better and Healthier Lives Celgene Key Facts M edical Innovation = V + A + L + U + E Increased societal VALUE Every 1 percent reduction in United States cancer related deaths = $500 billion in societal value.1 Since 1990, cancer patients in the U.S. have enjoyed 50 million addi tional years of life and gener ated $4.1 trillion in additional economic activity. 2 ADVANCING the quality of life Greater Patients are not just surviving; they are thriving—spending less time in hospitals,3 more time with their families, able to continue with jobs and careers. New medicines account for 73 percent of the increase in life expectancy.4 Between 1990– 2014, the number of cancer survivors more than doubled— from six million to 14.5 million.5,6 LONGEVITY UNENCUMBERED access ECONOMIC impact Between 1990 and 2010, the average time spent in the hospital by cancer patients declined by 70 percent, sav ing $250 billion, that is directly attributable to access to medi cal innovation.7 The overall economic impact of the biopharmaceutical sector on the U.S. economy totals about $790 billion on an annual basis when direct, indirect and induced effects are considered.8 K ey Facts 2015 CELGENE IS COMMITTED TO IMPROVING THE LIVES OF PATIENTS WORLDWIDE •M ore than 46,000 patients have been helped by Celgene’s Patient Support® Program.9 • Celgene’s broad and deep pipeline currently has 50 programs in pre-clinical development, 25 treatments in clinical trials and 15 pivotal Phase III programs underway.10 • Celgene Annual Reports 2010–2014 reflect average research and development (R&D) investment of 32.29 percent of total revenue based on U.S. GAAP.11 • Celgene’s R&D expenditure per employee is approximately $265,000.12 KEY HEALTHCARE STATISTICS •A dvances in medical innovation have yielded large societal gains. There has been a 96 percent decrease in deaths per 100,000 people and a 62 percent increase in life expectancy since 1900.13 • For every $1 spent on innovative medicines, total healthcare spending in the U.S. is reduced by $6.20.14 • Only 10 percent of U.S. healthcare spending is dedicated to biopharmaceuticals, with new targeted cancer-related therapies accounting for approximately one percent. That percentage has remained constant for decades and is expected to remain the same through the next decade.15,16,17 • Innovative medicines accounted for 73 percent of the increase in life expectancy between 2000 and 2009.18,19 • Every 1 percent increase in prescriptions filled among Medicare beneficiaries lowers Medicare spending for other health services by 0.2 percent.20 ACCESS AND ADHERENCE According to a 2011 Journal of the American Medical Association (JAMA) study, improved access and adherence to medicines through Part D saves Medicare about $1,200 per year in hospital, nursing home and other costs for each individual who previously lacked comprehensive prescription drug coverage. This reduction achieved about $13 billion in overall savings during the first full year of Part D.21 MEDICAL INNOVATION IN CANCER •O ver the last two decades, there has been a 22 percent decrease in cancer-related deaths in the U.S.22 • As of 2014, the U.S. five-year relative survival rate for all cancers diagnosed between 2003 and 2009 is 68 percent.23 • U.S. cancer survivorship has more than doubled, with nearly 14.5 million cancer survivors alive today.24 • For decades, treating cancer has remained just five percent of the total U.S. healthcare expenditure.25,26,27,28,29 • Eighty-three percent of survival gains since 1975 in cancer are attributable to new medicines.30 • The chances that a cancer patient will live five years or more has increased by 39 percent since 1975.31 • Survival rates for childhood cancers have increased 58 percent over the last several decades.32 COST OF DEVELOPING NEW THERAPIES According to the Tufts Center for the Study of Drug Development, the average cost to develop one new approved therapy more than tripled between the late 1990s and 2014, costing up to $2.6 billion.33 MEDICAL INNOVATION IN INFLAMMATION AND IMMUNOLOGY (I&I) •A first-of-its-kind multinational survey examined the impact of psoriasis and psoriatic arthritis on patients’ lives. The survey revealed several areas that warrant further attention and action, including high rates of under-treatment, a mismatch between patient/physician assessment of the disease and the desire for new treatment options.34 • Based on the same survey, half of psoriasis and psoriatic arthritis patients found their current traditional or biologic treatments burdensome.35 • The estimated economic burden for psoriasis, psoriatic arthritis, Chron’s disease and rheumatoid arthritis is approximately $51 billion.36,37,38,39,40 • There are more than 80 medicines in development for immune disorders like psoriasis, psoriatic arthritis, rheumatoid arthritis and Chron’s disease.41,42 Living Longer, Better and Healthier Lives Sustaining a Virtuous Cycle of Medical Innovation focus is on building long-term strategic partnerships with these groups that provide important insights to advance research and clinical trial design, access, medical innovation, patient policies and education. It extends to our research partners who work with us to build and expand next generation capabilities, including new treatment combinations that have never been tried before. Our history of perseverance in the name of scientific discovery, even when the outcome was unclear and Medical innovation is a virtuous cycle. A cycle in which each action creates the building blocks for next-generation therapies, improved healthcare, longer life and economic growth. the benefit uncertain, along with our willingness to demonstrate the courage to think differently, act boldly and set high aspirations, has created a reputation that positions Celgene as a partner of choice for global thought leaders in science and medicine. Of great importance is the strength of our business model, a unique model that positions us in a leadership role in the fields of hematology, oncology, and now, forging ahead with our paradigm-shifting therapies for immune-inflammatory diseases. Our belief in the potential At Celgene, we take our role in the healthcare ecosystem of this new business is so strong that we decided to build very seriously, and we strive to embody our position as a an entirely new franchise that can benefit patients world- leader in medical innovation, pursuing transformational wide with immune-mediated diseases. science that will translate into life-enhancing medicines. We believe that being a leader in healthcare means that Our ultimate goal is to change the course of human health we drive in new scientific solutions, innovative medicines, while promising to always put patients first. We do this by patient and health economic outcomes and social/economic protecting and nurturing an environment, inside Celgene benefits. It means that we lead not just within our own and across the larger healthcare ecosystem, where inno- industry, but across the entire healthcare ecosystem. vation can flourish. This is paramount to us because patients are at the center of our mission. Patients want to This profile—Living Longer, Better and Healthier Lives— live longer, better and healthier lives. Patients want the provides an overview of how Celgene’s core commitment strength to do what matters most to them. Patients want to patients supports the virtuous cycle of medical innova- to be active participants in the lives of their loved ones tion across many spheres. In Chapter 1, we explore how and communities. our work has resulted in patients living longer, better and healthier lives through breakthroughs in blood cancers, Biopharmaceutical leadership is inherently expressed in solid tumors and inflammation and immunology. Chapter the virtuous cycle: through medical innovation that has 2 focuses on the impact of Celgene’s commitment to increased U.S. life expectancy from 68 years in 1950 reducing the burden of disease through improved quality to 79 years in 2010;43 through research that generates a of life, better outcomes, reduced hospitalizations and sevenfold savings in healthcare expenditures; through increased productivity, as seen through the eyes of patients. biopharmaceutical investment that is more than ten times The role of medical innovation in boosting economic pros- the amount of R&D per employee than manufacturing perity, societal benefit and the healthcare ecosystem industries overall;44 and through patient access support is highlighted in Chapter 3. Celgene’s immensely deep programs. The Celgene Patient Support Program has and diverse pipeline of high-potential compounds across impacted over 50,000 patients since 2007.45 hematology, oncology, inflammation and immunology and The virtuous cycle also extends to helping patients advo- cellular therapeutics comprises the topic of turning science cate for their needs. Celgene works with nearly 150 patient into reality for patients in Chapter 4. And in Chapter 5, we advocacy groups worldwide that are dedicated to support- discuss the future of medical innovation and our role in ing and advocating for patients and their families. Our reaching toward a world free from cancer. 1 Contents Celgene Contents Innovation leads to the discovery and development of therapies that save and extend lives46 —the primary goal of any healthcare program. And by doing that, innovation helps keep healthcare costs down and drives economic growth.47,48,49 Thanks to medical innovation patients are living longer, healthier, more productive lives, a benefit that extends across the entire healthcare ecosystem to society as a whole. Simply put, the longer one lives a healthy life, the more time that 1 2 3 4 5 person has to be productive and contribute to their families and society. LIVING LONGER, BETTER AND HEALTHIER LIVES, page 4 Commitment to Patients + Medical Innovation = Social Value • Changing the Course of Human Health • The Value of Medical Innovation BETTER HEALTHCARE, BETTER OUTCOMES, page 18 Longevity, Quality of Life, Reduced Hospitalizations & Added Productivity Patient Profiles: • Multiple Myeloma • Psoriasis • Myelodysplastic Syndromes (MDS) • Psoriatic Arthritis • Acute Lymphoblastic Leukemia (ALL) PROGRESS AND PROSPERITY, page 30 Medical Innovation Reduces Costs and Saves Lives • Creating Societal Value • More Than 50 Million Life Years Saved • Accelerating Medical Innovation in Immune Disorders TURNING SCIENCE INTO REALITY, page 38 Greater Investment in R&D Leads to Better Health and Longer Life • • • • • Pipeline of Possibilities Hematology Oncology Inflammation and Immunology Cellular Therapeutics TRANSLATING SCIENCE INTO TRANSFORMATIONAL MEDICINES, page 52 Working Toward a World Free from Cancer • • • • A Tribute to Patients Nurturing Innovation The Value of Sharing: Project DataSphere Toward a World Free from Cancer 2 Living Longer, Better and Healthier Lives Letter from the Chairman and CEO What will it take for America to continue as the world’s leader in medical innovation? A stronger and more sustainable ecosystem of innovation. It Takes an Ecosystem: Alzheimer’s and other forms of dementia in the U.S. will double by 2050.59 Without new medical innovations that change the course of these diseases, the burden of these conditions will overwhelm health systems and threaten economic growth. The challenges to U.S. leadership in medical innovation are clear. According to a study published by the New England Journal of Medicine, Asian investments in biomedical research and development have increased 51 percent while U.S. R&D expenditures have fallen nine percent.50 That’s a $12-billion decline. Curing diseases like these will require substantial investments of time and money. Developing the average new drug takes over a decade, and accounting for failures, costs more than one to two billion dollars.60 The risk of failure is high. Hundreds of companies are working on new cancer treatments. Only a fraction of those are likely to produce new breakthroughs for patients. Those numbers should serve as a wake-up call to America’s leaders in both the public and private sectors. The federal government, academia, patient advocacy groups and private sector research-driven companies are all essential parts of our nation’s innovation ecosystem. All need to be healthy and successful for the ecosystem to thrive. Suc cessful collaboration among all these sectors of the ecosystem will deliver new cures for patients, reduce the burden on healthcare and grow the economy. The odds are long, but the returns in longer, healthier lives and stronger economic growth are astronomical. Each one percent reduction in U.S. cancer-related deaths delivers $500 billion in value to society.61 Delaying the onset of Alzheimer’s by just five years could reduce healthcare expenditures by almost $600 billion over the next 20 years. The impact of biomedical research is striking. Consider cancer. The biomedical research ecosystem is closer than ever to achieving those goals. Globally, research-based biopharmaceutical companies spend $135 billion every year on research and development.62 Biopharmaceutical company scientists are investigating nearly 1,000 treatments that could transform life-threatening cancers into chronic, manageable conditions. Another 100 are being developed as potential therapies for Alzheimer’s. Biopharmaceutical breakthroughs have contributed to a 22-percent drop in American cancer deaths over the last two decades.51 The number of cancer survivors has doubled in that time—from 6.3 million to 14.5 million.52 Since 1990, cancer patients have enjoyed 50 million additional years of life and generated $4.1 trillion in additional economic activity,53 with 83 percent of life expectancy gains attributable to new treatments.54 But converting those research initiatives into new therapies —and keeping the research pipeline flowing with promising new cures—requires more than science. It requires collaborative, integrated solutions. Just a generation ago, an HIV/AIDS diagnosis was tantamount to a death sentence. Since innovative treatments were introduced in the 1990s, the disease’s death rate has dropped by approximately 80 percent.55 Today, in most cases HIV/AIDS is being successfully managed with innovative medicines as a long-term chronic condition. And it requires policies that ensure the health of our nation’s ecosystem of innovation: increased support for the National Institutes of Health’s vital basic research mission, a strong, science-based Food and Drug Administration, and the sustainable market-based access and reimbursement for innovative medicines today that is necessary to incentivize the long-term, high-risk investment needed for new medical breakthroughs in the future. But patients aren’t the only ones who have benefited from the biomedical research ecosystem. So has the economy. Research-driven biopharmaceutical firms employ more than 810,000 people directly and support a total of 3.4 million jobs across the country.56 For the sake of patients—and the broader economy—we must work together to help make this happen. All that economic activity generates tax revenue. In 2010, the government collected $3.8 billion on the activity related to the Human Genome Project. With just that one year’s incremental tax revenue resulting from the Human Genome, the government recouped 97 percent of its 13-year investment in the Project.57 But there are still many more health challenges to solve. Over the next 20 years, the number of new cancer cases is projected to increase by more than 50 percent, according to the World Health Organization.58 The incidence of Robert J. Hugin is Chairman and Chief Executive Officer, Celgene Corporation. 3 Celgene Chapter 1 Living Longer, Better and H ealthier Lives Commitment to Patients + Medical Innovation = Social Value 4 Living Longer, Better and Healthier Lives Changing the Course of Human Health At Celgene we are changing the course of human health patients, but a company that serves the changing model through bold pursuits in science and a promise to of healthcare and the needs of society, with a purpose to always put patients first. The results are evident; we change the course of health through medical innovation. are delivering what matters most: a meaningful BLOOD CANCERS: We have developed first-in-class oral difference in the lives of patients worldwide. We immuno-therapeutics for blood cancers with increased discover, develop and deliver innovative medicines overall survivability and improved side-effect profiles. Our that are helping patients live longer and better lives, immuno-therapeutics such as REVLIMID ® (lenalidomide) reducing the burden on healthcare systems and help- and POMALYST® (pomalidomide)/IMNOVID ® inhibit cell ing economies grow through greater productivity. proliferation, promote anti-angiogenesis (cutting off the In recent years we have seen expanded approvals for blood supply to the cancer) and enhance the induction of our flagship therapeutics based on unique mechanisms apoptosis (cell death) in multiple myeloma cells.1,2 of action that differentiate them from other approved med Immunomodulatory properties include activation of T-cells ications. Along with our partners, we are involved in a and natural killer (NK) cells, increased numbers of NKT deep and diverse platform of transformational science cells, and inhibition of pro-inflammatory cytokines (e.g., including immunotherapies, epigenetics, protein homeo TNF-alpha and IL-6). stasis, cancer metabolism, genomics, proteomics, kinase The newest member of our immuno-therapeutics family inhibitors, cellular therapies and beyond. As of the end POMALYST, IMNOVID in Europe, recently won interna of 2014, our broad and deep pipeline of 22 programs in tional approvals for patients who do not respond or who clinical development touches roughly 28,000 patients have stopped responding to other available regimens. across 50 indications. More than 100 clinical trials are In the U.S., our flagship therapy REVLIMID has received under our development and we support more than 500 expanded indications since its initial approvals. As a investigator-initiated trials using approved therapies or result, REVLIMID ® is now approved in the U.S. in a investigational compounds from Celgene. These are the number of indications, including: for patients with hallmarks of a biopharmaceutical leader that not only serves multiple myeloma, for certain patients with MDS del5q* REVLIMID Prescribing Information POMALYST Prescribing Information “Patients are voting with their feet.” That is exactly how the founding physician of a leading advocacy organization described patients’ response to the introduction of Celgene’s oral blood cancer medications. Patients wanted the efficacy of our regimens, of course. But they also liked the freedom and convenience of taking a pill with a glass of water at home instead of spending hours in an intravenous infusion center, or weeks in a hospital after an invasive stem cell transplant. *for patients with low- or intermediate-1-risk MDS with a deletion 5q chromosomal abnormality (MDS del5q) 5 Celgene Chapter 1 and mantle cell lymphoma (MCL).* In 2015, REVLIMID INFLAMMATION AND IMMUNOLOGY: In 2014 we became the first oral treatment in 50 years approved for all launched our novel, oral anti-inflammatory agent OTEZLA® patients with multiple myeloma. In Europe, REVLIMID is (apremilast) for patients with psoriasis and psoriatic arthritis. OTEZLA inhibits the enzyme PDE4 to modulate indicated for patients with newly diagnosed elderly non-transplant eligible multiple myeloma and MDS del5q. inflammatory responses that lead to skin and joint condi 3 tions.6 This novel therapeutic is changing the treatment REVLIMID Prescribing Information paradigm based on unique science and compelling clinical efficacy and safety data from six Phase III programs— SOLID TUMORS: ABRAXANE® (nab-paclitaxel) is a again with strong efficacy and the convenience of a pill nanotechnology agent that is currently the only nanomedi administered at home. cine approved in oncology. Current indications include In addition to approvals in the U.S. and Europe for psoriasis metatstatic breast cancer, non-small cell lung cancer and and psoriatic arthritis, ongoing studies are addressing metastatic pancreatic cancer in the U.S., Europe and other unmet medical needs for patients with ulcerative colitis, markets around the world. It contains albumin-bound ankylosing spondylitis, Behçet’s disease and more.7 paclitaxel nanoparticles and is manufactured using pat OTEZLA Prescribing Information ented nab ® technology. ABRAXANE is formulated with albumin, a human protein, and is free of solvents. The protein coating utilizes the tumor’s own affinity for protein to attract the ABRAXANE and pull it inside where it may OTEZLA offers a valuable treatment option for a spectrum of plaque psoriasis patients—patients who are treatment-naive as well as patients who are treatment-experienced, including those previously treated with biologic agents or conventional systemic agents.8 The FDA and EMA approvals of OTEZLA for moderate to severe psoriasis and psoriatic arthritis reflects Celgene’s commitment to extending the reach of our research and science in an effort to improve the lives of people worldwide living with chronic inflammatory diseases.” stop cancer cells from dividing and induce cell-death. ABRAXANE Prescribing Information We have been able to show that the addition of ABRAXANE to conventional treatment with gemcitabine provides substantial benefits in overall survival,4 with manageable side effects.5 My perception is that this approval is going to mandate a change in the way that we treat patients, offering a new option with a good efficacy and safety profile.” Josep Tabernero, MD, Head of the Medical Oncology Department, Vall d’Hebron Institute of Oncology Barcelona, Spain, primary investigator for the MPACT trial Scott Smith, President, Inflammation and Immunology, Celgene Corporation *for patients with relapsed/refractory mantle cell lymphoma (MCL) after they have received at least two prior therapies, one of which included bortezomib. 6 Living Longer, Better and Healthier Lives Multiple Pathways Continuing Advances in Precision Medicine A vast array of research projects is underway developing the right therapeutic approach, for the right patient, at the right time in a certain stage of their disease that advances the approach that works best for the patient and delivers greatest value to the healthcare system. Precision medicine is one of the hallmarks of new cancer research because each type of cancer may be a specific sub-type that does not respond to one-size-fits-all treatment.9 But what if multiple myeloma actually has multiple personalities, that is, diverse genetic patterns within the same cancer samples in the same patients? “So myeloma is sneaky: it can evolve over time. Multiple pathways within the myeloma cell are involved.”10 Brian G.M. Durie, M.D., chairman and co-founder of the International Myeloma Foundation (IMF) wrote about this phenomenon in April 2012. He says this is why combinations of medicines can be so effective, adding: “Some therapies, such as IMiDs (e.g., REVLIMID ®), we know are multifunctional. This means they have effects upon multiple pathways, and that may be a major aspect of the benefit of these agents.” Dr. Durie first published a paper about this as far back as 1985. His conclusion? “ … Although the idea of personalized medicine is instantly appealing, it may be that broader strategies to include a majority of patients will prove to be both simpler and more effective.”11 Dr. Durie is now leading an international effort through the IMF to evaluate the efficacy of specific regimens on a molecular level for patients with varying genetic subtypes. www.BSRI.myeloma.org 7 Celgene Chapter 1 The Value of Medical Innovation Celgene’s unwavering focus on medical innovation underlies our position in a healthcare ecosystem that has delivered longer, healthier lives to patients. Innovative medicines help reduce hospitalizations and allow patients to return to work and families,12 increasing their productivity and financial contributions to society.13 The convenience of our oncology and immune-inflammatory therapies reduce the time for treatment, improving patients’ quality of life. New Medicines Are Now the Largest Contributor to Improvements In Life Expectancy 40% 73% 1986–2000 New therapies accounted for 40% of the increase in life expectancy 2000–2009 New therapies accounted for 73% of the increase in life expectancy14 LONGER LIFE THROUGH BETTER MEDICINES Advances in Treatment Have Yielded Gains in Life Expectancy(19) Advances in Treatment Have Yielded Gains in Life Expectancy19 Deaths per 100,000 people >96% Decrease 500 475 450 400 350 300 250 200 150 100 48 50 0 1900 First Large-Scale Adoption of Water Chlorination 1900 78 1920 Pertussis Vaccine 1920 Diphtheria and Sulfa Drugs TB Vaccines (first antibiotic) 1940 1960 Penicillin First Used as a Treatment Meningococcal Disease Vaccine 1940 Yellow Fever Vaccine 1980 1960 Polio Vaccine 1980 Measles Vaccine 8 80 75 70 65 60 55 20 50 45 40 2000 Life expectancy >62% Increase Hepatitis A Vaccine 2000 Influenza Azidothymidine Vaccine (first HIV treatment) 2010 Living Longer, Better and Healthier Lives Medical innovation has changed the course of human health. Over the period of a century, innovation has steadily increased life expectancy, most notably as the result of biopharmaceutical advancements.15 Antibiotics, vaccines and therapies targeting the immune system have had a profound impact on longevity.16 Progress Against Disease Extending Lives CANCER: Celgene is a leader in developing and providing access to the biopharmaceutical breakthroughs that in part have contributed to a 22-percent drop in American cancer 22% deaths over the last two decades.17 Since 1990, cancer Drop in American Cancer Deaths patients have enjoyed more than 50 million additional lifeyears attributed largely to next-generation life-enhancing cancer therapeutics.18 MILESTONES IN THE PROGRESS AGAINST CANCER 20,21,22,23 Milestones in Cancer the U.S. MilestonesininWar the against ProgressCancer against H N KEY Advances in drug screening Events with national Impact Advances in cancer therapeutics Model development 1930 Nitrogen mustard in lymphomas Cure of ALL & Hodgkin’s disease H N F O First monoclonal Vinca alkaloids antibody approved Cure of Antitumor Genome testicular antibiotics sequenced cancer 5-Fluorouracil Antifolates 1940 O 1960 Methotrexate in choriocarcinoma 1980 2000 NCI investment in molecular biology National Cancer Act Personalized medicine 9 Immunomodulators, epigenetics, nanotechnology 2010 Molecular Tyrosine kinase inhibitors profiling Adjuvant chemotherapy Cancer linked to oncogenes Target-specific screens 2050 200 years of major advances in the history of cancer treatment Celgene Chapter 1 Slowing and Preventing Disease Progression At Celgene, we believe we can change the course of IMMUNE-INFLAMMATORY DISEASES: Our expanding human health by focusing on the cause as opposed to focus on inflammation and immunology, built upon the the symptoms of disease. Therapies such as our immuno- ongoing research of scientists at Celgene which now therapeutics franchise go way beyond addressing the features an emerging pipeline of disease-altering immuno symptoms of disease. Using a combination of actions, modulatory compounds, kinase inhibitors, RNA antisense these therapies both attack cancer cells and bolster the and cellular therapies24 body’s innate defense system to fight diseases such as MULTIPLE MYELOMA: The American Cancer Society cancer and immune-mediated diseases. Our hematology estimates about 27,000 new cases of multiple myeloma portfolio includes powerful epigenetic therapies that reac will be diagnosed in 2015.25 Myeloma is a cancer of plasma tivate genes that suppress tumors and regulate cell growth. cells in the bone marrow. It affects the immune system and This mechanism of action has allowed us to make great can cause painful and debilitating bone damage. Today it strides in diseases such as myelodysplastic syndromes can be treated with targeted therapies that aim at specific and T-cell lymphomas. Our pursuits in solid tumors are features of the cancer cells to provide more tolerable a natural extension of our learnings and the success we treatments. Celgene’s oral immuno-therapeutics have have achieved in hematology. changed the treatment paradigm in multiple myeloma by enabling healthcare providers to treat their patients in the convenience of their home by taking a pill with a glass of water—minimally disruptive to work or family life. Moreover, Changing the course of human health through bold pursuits in science is at the core of our purpose and our people are bound to each other by a palpable desire to change patient lives on an individual level. They share a set of traits that set them apart, traits that embody passion, spirit, commitment, curiosity and the ambition to create true and lasting value for patients, healthcare and the economy. It is a promise to support, nurture and create medical innovation, to think differently, to transform, to be bold, to be agile and to persevere.” between 2000 and 2009 there has been a 73 percent increase in the number of myeloma survivors from 47,000 to more than 80,000 survivors alive today.26 Relative Survival Rate for Multiple Myeloma Patients Soars with Innovative Therapies27,28 5-Year Relative Survival Rates (%) based on year of diagnosis Projected 5-year OS 2014* 66 66% 62 58 54 50 44.9 46 42 38 34 30 27.5 25.8 24.6 26 27.2 27.2 32.3 31.6 29.2 35.5 10 14 20 9 2 -2 00 20 03 8 -2 00 -1 99 19 99 5 -1 99 Year of diagnosis 19 96 2 9 -1 99 19 93 19 90 6 -1 98 -1 98 19 87 3 -1 98 19 84 7 -1 98 19 81 19 78 -1 97 19 75 0 22 Mark Alles, President and Chief Operating Officer, Celgene Corporation Living Longer, Better and Healthier Lives Celgene’s Oral Immuno-Therapeutics Contribute to the Value of Medical Innovation I was deemed a ‘high risk’ patient when I was first diagnosed with multiple myeloma, a bone marrow cancer, on St. Patrick’s Day in March of 2009. Fortunately, I responded very well to a new oral cancer treatment regimen that I took at home. I have been on a maintenance dose of this treatment for four years with no perceptible signs of the cancer. So what does my story say about the value of innovative new therapies? I feel good, I’m able to work teaching college level business economics, and I’m not alone.” Bob Tufts, patient, professor and former Major League Baseball player I was given two years to live unless I had a bone marrow (stem cell) transplant when I was diagnosed with multiple myeloma back in 2001. They said a transplant might give me five years, but during that time I’d need a year to recover and recuperate. I said that’s only four years and that didn’t make sense to me. Instead, I agreed to take part in a clinical trial of a completely new approach to my disease—an oral pill that would allow me to keep working and being with my family. That turned out to be REVLIMID®. Fourteen years later I’m still taking REVLIMID once a day, every day. I still run a business and I employ 12 people. To me that makes economic sense.” Terry Barter, entrepreneur and family man (See Terry’s story in Chapter 2) 11 REVLIMID Prescribing Information Celgene Chapter 1 Myeloma: Then and Now Then: In 1999, the journal American Family Physician reported, “Chemotherapy with melphalan-prednisone is the standard treatment for multiple myeloma. Other treatment modalities include polychemotherapy and bone marrow transplantation. Only 50 to 60 percent of patients respond to therapy. The aggregate median survival for all stages of multiple myeloma is three years.”29 Today: The introduction of novel cancer therapies was advanced through unique mechanisms of action beginning with the first use of THALOMID® (thalidomide) in 1999, followed by Velcade®, REVLIMID®, Kyprolis® and most recently POMALYST®/IMNOVID®. The five-year survival rate is projected to increase to 66 percent.30 Even higher risk patients—elderly patients not eligible for transplant—now have a 70 percent three-year relative survival rate when treated with continuous dosing of REVLIMID, a new approach to therapy.31 These are median figures; some patients don’t respond, while many patients survive even longer. In fact, one of the first patients to ever take REVLIMID for myeloma still takes it every day nearly 14 years later. 1844 1947 1958 1983 First documented case Urethane, cola-syrup placebo worked better Melphalan Autologous transplantation 2006 2013 REVLIMID® POMALYST® 32 1840 1940 1844 - 1845 Early 1950’s 1962 2002 2012 Rhubarb and orange peel, Steel and quinine Radiation was the only treatment for MM mainly for bone pain associated with MM Corticosteroids VELCADE® KYPROLIS® 2000 46,865 Myeloma survivors REVLIMID Prescribing Information POMALYST Prescribing Information THALOMID Prescribing Information 2006 THALOMID® 2009 81,089 Myeloma survivors History has proven that medical innovation is transforming rare diseases. Approximately one-third of all medicines approved in the past five years have been designated as “orphan drugs,” a term used to designate medicines that treat rare diseases. EURORDIS (The European Organization for Rare Diseases) a non-profit alliance of organizations and individuals in the field of rare diseases, awarded Celgene the prestigious EURORDIS Company Award for excellence in the field of rare diseases. The award, presented just in advance of Rare Diseases Day, February 28, 2013, recognized Celgene’s established track record in the area of orphan diseases. With 17 orphan drug designations and four approved orphan drug indications granted by the EMA, Celgene holds a leading position among companies developing therapies for rare diseases. As part of these efforts, there is a clear commitment from the company to continue extensive research in the area of rare diseases for patients with unmet medical needs, which is the foundation on which the company was built. 12 Living Longer, Better and Healthier Lives Improving the Quality of Life Psoriasis is an auto-immune disease that manifests as raised scaly lesions on the skin. It affects about 125 million people worldwide and has a significant impact on the lives of those who are affected.33 One survey found that 75 percent of patients believe the skin condition has a moderate-to-large negative impact on their quality of life, leading to changes in their work and other activities. Other studies have found that approximately one-quarter of people with psoriasis suffer from depression. The MAPP survey, Multinational Assessment of Psoriasis, and Psoriatic Arthritis (PsA) of 3,426 Putting OTEZLA to Work patients from seven countries34 About half of patients found their current treatments, whether traditional or biologic, burdensome. 85% of those surveyed reported a need for better therapies than PSORIASIS & PsA THERAPIES TRADITIONAL ORAL MEDICATIONS BIOLOGIC MEDICATIONS the traditional or biologic treatments. 47% of patients had not seen a healthcare provider in the last 12 months for their psoriasis. 46% of patients said Plaque psoriasis ABOUT OTEZLA is an oral immunomodulatory compound that FOUND CURRENT fine tunes the body’s immune response by modulating THERAPIES a network of pro- and anti-inflammatory mediators. BURDENSOME Specifically, OTEZLA is a targeted inhibitor of an enzyme called phosphodiesterase 4, or PDE4, to regulate inflam- that the treatment was worse than the disease itself. mation.36 This novel mechanism of action may provide To learn more, please see MAPP study http://arthritisbroadcastnetwork.org/2014/04/results-psoriaticarthritis-psoriasis-survey/ advantages over existing agents. Approximately one out of three patients with plaque psoriasis taking OTEZLA saw 75 percent clearer skin OTEZLA® (apremilast), Celgene’s oral, selective inhibitor of at 16 weeks.37 phosphodiesterase 4 (PDE4), is approved by the U.S. Food and Drug Administration (FDA) for the treatment of patients with moderate to severe plaque psoriasis who are candi dates for phototherapy or systemic therapy and for the treatment of adults with active psoriatic arthritis.35 It does not take time from work, school or social life for treatment at the doctor’s office, and does not require preparation or follow-up tests. OTEZLA Prescribing Information 13 Access Celgene Chapter 1 Helping U.S. patients gain access to the treatments they need is just one way Celgene’s people are committed to improving the lives of patients. At Celgene, we believe that patients have the opportunity to take advantage of significant advances in medicine that may help them live longer, better and healthier lives. We have a health insurance failure for innovative medicines. If you get cancer today, your copays can prevent you from accessing the medicines you desperately need. That’s a failure of health insurance.” Accordingly, we work to help ensure access to the clinical benefits of our innovative therapies. Celgene Patient Support® is a U.S. service created in 2006 and provides patients a dedicated, central point of contact, to assist with access to Celgene medications. Since 2007, Celgene Patient Support has helped more than 46,000 patients, exhausting options to help patients get the information and support they need.38 Tomas Philipson, Ph.D., Professor, University of Chicago Barriers to Access Patients who face cost-sharing challenges often fail to take $105 billion in avoidable healthcare costs in 2012, which medicines correctly, skipping doses or taking less to save is about four percent of the nation’s healthcare spending. money. When medicine is not taken as prescribed, patients While a variety of factors contribute to this figure, high often fail to receive the full benefit of the treatment. Poor cost-sharing is one barrier to responsible use of effective medication adherence not only threatens health outcomes, therapies.41 but it is estimated to cost the health care system between Specialty Tiers: One of the ways some health insur $100 billion and $300 billion annually.39 ance plans impose high copays is the use of “specialty For further information, read a recent article published tiers.” These categories reimburse less and require patients in the Journal of Risk Management and Healthcare to shoulder more of the cost of these life-changing medi Policy. To access, visit http://www.ncbi.nlm.nih.gov/pmc/ cations on their own. Placing cancer medications on these articles/PMC3934668/ tiers may require patients to pay up to 50 percent of the cost of their cancer therapies.42 In addition to working with individual patients, Celgene works on a policy level to help remove obstacles to access created by twists and turns in insurance coverage. Those Insurers have historically used tiered obstacles include: formularies to encourage enrollees to select High Copays: While 98 percent of prescriptions are generic or preferred brand-name drugs instead filled for less than $70 in copays (the amount not covered of higher-cost alternatives. But if plans place by insurance) the remaining two percent of prescriptions all HIV drugs in the highest cost-sharing tier, account for 30 percent of all costs paid by patients.40 This high cost-sharing is associated mostly with new treatment enrollees with HIV will incur high costs regard- options for diseases such as cancer, multiple sclerosis less of which drugs they take. This effect sug- and HIV. gests that the goal of this approach—which we According to a report commissioned by the Leukemia & call “adverse tiering”—is not to influence enroll- Lymphoma Society (LLS), patients who struggle to pay ees’ drug utilization but rather to deter certain high copays or coinsurance fees may end up forgoing people from enrolling in the first place. treatment. This medication non-adherence resulted in New England Journal of Medicine, January 29, 2015 43 14 Living Longer, Better and Healthier Lives Fail First: Step therapy, also called Fail First policies, are practices that generally require the least expensive Affordable access to life-saving therapies and continued support through pro-patient and pro-innovation policies are essential to improving patient lives, healthcare and the economy.” drug be prescribed to a patient first, even if that patient’s physician believes a different therapy would medically work best. According to the U.S. Pain Foundation, “This prac tice has the potential to result in serious negative conse quences for consumers and the public health system. By limiting the array of medication options, both physicians Peter J. Pitts, President and Co-founder, Center for Medicine in the Public Interest and consumers are forced to compromise their treatment decisions in a way that is dangerous, time consuming Oral Cancer Drug Parity: Oral medications and more expensive in the long-term.” 47 A Pfizer study of offer medical and monetary value to patients that range patients required to use “Fail First” for hypertension treat from efficacy to ease of use. That means oral therapies ment found that it led to increased hospital and emergency can help lower the total cost of treatment. Taking a pill room visits and, in the end, the Fail First patients cost more at home is convenient and less expensive to administer. money to the insurers and to the healthcare system.48 44 Patients and caregivers do not have to travel to the doc tor’s office every week and take time away from work or family while waiting for an injection or IV infusion. Fail First and step therapy policies often require patients—human beings—to suffer: with pain, with side effects and with the fear that they will never get the treatment they need. These policies allow insurance companies to prey on and profit most from those who suffer with ailments that make it difficult for them to fight back.” On April 14, 2009, The New York Times reported that insurance coverage for cancer medicines has not caught up with the advantages of oral treatments.45 Six years later, that is all too often still very much the case. According to the Patients Equal Access Coalition (PEAC), this can mean, “Patients who rely on self-injectables or pills find themselves spending as much as $50,000 a year out of pocket because they receive the drugs from a phar macy rather than in a doctor’s office.” 46 Matthew Titone, New York State Assembly Member, Huffington Post, June 4, 2012 15 Celgene Chapter 1 Removing Barriers to Treatment Doctors, not insurance companies, should determine what is best for each patient. State Legislation Leads the Way for Patient Access Washington Montana North Dakota Oregon Idaho Vermont Minnesota Wisconsin South Dakota Michigan Wyoming Nebraska Nevada Utah California Arizona Pennsylvania Iowa Illinois Indiana Colorado New Mexico Kansas Oklahoma Missouri Ohio Texas West Virginia Kentucky New Jersey Delaware Maryland Washington, D.C. South Carolina Arkansas Louisiana Virginia New Hampshire Massachusetts Rhode Island Connecticut North Carolina Tennessee Alabama Hawaii New York Maine Oral Cancer Drug Parity Georgia Oral Cancer Drug Parity & Specialty Tiers/Cap the Copay Mississippi Nothing Enacted Florida Alaska TAKE ACTION NOW—Contact Your Elected Official to Support Patient Access to Medical Innovation merican College of Rheumatology—Legislative Action Center: A http://www.rheumatology.org/actioncenter/ merican Society of Hematology—Oral Cancer Drug Parity: A http://www.hematology.org/Advocacy/Campaigns/667.aspx Arthritis Foundation—Specialty Tiers/Cap the Copay: http://www.arthritis.org/advocate/our-policy-priorities/pass-the-patients-access-to-treatments-act.php International Myeloma Foundation—Oral Anticancer Treatment Access Legislation: http://cqrcengage.com/myeloma/access Leukemia & Lymphoma Society—Legislative Action Center: https://salsa4.salsalabs.com/o/50878//p/dia/action3/common/public/ National Organization for Rare Diseases—Policy Issues: https://rarediseases.org/advocate/policy-priorities/issues/ Patient Services, Inc.—Legislation: https://www.patientservicesinc.org/Advocacy/Legislation 16 Living Longer, Better and Healthier Lives States Step In: Over the past several years, policy • The average plan member is expected to see very little change in their annual healthcare spending upon imple mentation of any of the proposed benefit design changes. makers in 39 states and Washington, D.C. have voted yes for pro-patient policies that would improve patient access to life-changing medical innovations.49 These states now address the problem of inequitable coverage by requiring health plans to equalize the patients’ out-of-pocket costs between oral and IV therapies. or the silver, gold and platinum plans, premiums are •F not expected to increase beyond 0.5%, or can be limited to a 0.5% increase through minimal increases in physi cian visit copays. All of these plans remain compliant under Affordable Care Act (ACA) actuarial value (AV) requirements. Capping the Copays: Similar pro-patient legislation is pending at the federal level and is now being enacted in six states—with more to come—enforcing health plans to cap the devastating high copayments imposed on patients, which makes it impossible for them to afford their medi cines. High cost-sharing and specialty tiers are key mech anisms used by health insurers that require patients to pay more for their health care out of their pockets. These practices discriminate against patients with serious dis eases and undermine the concept of health insurance.50 •F or the bronze plans, added changes in benefit design are required to keep the plan premium within 0.5% of the original premium, including increases to the deductible and out-of-pocket maximum. One bronze plan required minimal changes to remain compliant under ACA AV requirements.49 Oral Cancer Drug Parity: Thirty-nine states have enacted laws requiring insurance companies to reimburse all cancer medications at the same rate regard less of whether they are oral, injections or IV, with active campaigns in eight more states.50 The Affordable Care Act limits what most individuals must pay out of pocket for prescription medications to $6,600 (in 2015). The family limit is $13,200.51 However, that may be too high for many patients, especially those who may have to pay their entire deductible on their first visit to the pharmacy.52 Will that raise insurance costs for everyone? Milliman calculates equal coverage for oral and IV medications would cost “well below” one dollar per person per month on most policies. According to a March 2015 analysis conducted by financial consulting firm Milliman, potential policy changes can limit a member’s out-of-pocket expenditures for prescription therapies. The study confirms that such changes can result in dramatic cost savings for the individual policy holder. The benefit design changes result in decreased total cost sharing (including both medical services and prescription medicines) for members. Fail First: No state bans step therapy/fail first protocols. Connecticut, Kentucky, Louisiana, Maryland, Mississippi and Washington have enacted laws to limit step therapy/ fail first policies by health insurance companies. Similar legislation is likely to be considered in California, Maine, Florida, Missouri, Illinois and Massachusetts in 2015. Some states have laws in place with a narrow application (e.g., Texas requires plans to notify the insured before enacting step therapy protocol, Utah deals only with pain medications and Arkansas deals only with mental health). • Members with high spending on specialty drugs are expected to see a significant reduction in annual health care spending upon implementation of any of the benefit design changes. Caethe Goetz moved the packed Sacramento hearing room to silence when she began to speak. A former Marine from the Vietnam era, Caethe was diagnosed with multiple myeloma and her insurance did not fully cover the new oral medication her doctor pre scribed. Instead of taking a pill, she had to go to the doctor’s office twice a week for her infusions, and that meant she could not work full time. This proud ex-Marine maxed-out her credit cards and had to move back in with her elderly mother. So Caethe went to the state legislature in California because it was time for a change. Caethe Goetz lost her battle with myeloma in November 2012, before she could see she had won her legislative battle. California passed oral drug parity in 2013. To read more about her story and the connection between exposures to herbicides and her myeloma read: http://www.cpeo.org/lists/military/2011/msg00329.html 17 Celgene Chapter 2 Better H ealthcare, Better Outcomes 18 Living Longer, Better and Healthier Lives Celgene Therapies, Transforming TREATMENT FOR PATIENTS At Celgene, we understand what matters most to patients Our patients are special to us and we share their triumphs, with life-threatening illnesses: a longer, healthier life. We and their challenges, with them. are committed to discovering, developing and delivering To understand the total impact of cancer, it’s important to life-enhancing therapies that turn debilitating and deadly meet the people who live courageously with the disease diseases into long-term manageable ones enabling every day. Here are their stories. patients to live longer, better and more productive lives. For patients, the hope to actively participate in life is Five Year Survival Has Increased 39% Across Cancers1 precious and our purpose at Celgene honors that goal. A longer, healthier life is also a benefit to everyone in a 100% 90% 80% 70% 60% 5-year survival 50% 40% rate for 30% selected 20% cancers, 10% 1975-2006 0% /B ng Lu /R 1975 ro ec nc tu hu s m r ta os most effective, and which ones can be further developed Pr Br ea st te C C an researchers learn which therapies and pathways are an ce ce r a whole. Patients living longer, healthier lives may help on across the healthcare ecosystem to society as 83% of survival gains in cancer are attributable to new treatments ol network of people whose lives they touch. It extends C patient’s life; family, friends, colleagues and the broader 2006 for future therapeutic improvements. Hospitalizations and extraordinary measures may become less frequent, freeing up medical professionals to serve more people in need. And, of equal societal value, patients living longer, According to Project Innovation, “From the first chemo healthier lives brings economic benefits. Celgene Color Palette PMS 557 PMS 7466 therapy in 1949 to the newest targeted treatments, PMS 7441 PMS 646 PMS 143 PMS CG10 disease-altering medicines have transformed cancer At Celgene, our efforts are making that goal a reality for care and led to more people surviving cancer than ever the tens of thousands of patients who rely on our thera before. Scientific discoveries have netted new and pies. In the late 1990s, Celgene took a bold move to pur better ways to prevent, detect and diagnose and treat sue immunotherapies to treat cancer. What was learned more than 200 types of cancer. Overall cancer deaths from this initiative gave rise to the development of new have dropped 20 percent since 1991 while five-year classes of innovative cancer medicines principally for survival rates now average 68.5 percent, up from 48.7 blood cancers. The ability to construct chemotherapy into percent in 1975. As a result, the population of cancer nano-particles of protein is changing the course of survivors has grown from three million in 1971 to almost how we treat many solid tumors. 14 million today.”2 Part of our culture at Celgene is to stay close to our patients, to remember the people behind the therapies. 19 Celgene Chapter 2 And Benjamin Makes Eleven! Terry Barter measures his life in grandchildren. Four Patient: Terry Barter Condition: Multiple Myeloma at the start of 2015, all because of what some might teen years ago, when he was diagnosed with the blood cancer multiple myeloma, he had three grandchildren. Given the outlook for patients at the time, he didn’t know if he’d live to see any more. But today Terry has lived to see eight more grandchildren, including Benjamin, born consider to be a daring decision. His doctor, Kenneth Anderson, M.D. of the Dana-Farber Cancer Institute in Boston recalls, “Terry was our hero. He’s the very first person to receive this oral medica tion, REVLIMID ®.” REVLIMID Prescribing Information 20 Living Longer, Better and Healthier Lives medication that would not disrupt his life. He did not know how long that life would be—after all, this would be a very new approach to treating myeloma. But he decided to give it a try. Fourteen years after he was diagnosed with multiple myeloma, Terry Barter is alive and well, working and spending time with his grandchildren, so he knows full well what value is when it comes to treating disease. However, there is one unintended consequence—one that Terry gladly accepts. “If cancer was going to cut my life short, I wanted a medi cine that would improve my quality of life and give me the When he was first diagnosed, Terry and Diane accepted most out of my remaining time to spend with my wife the prognosis that Terry had just a little time left, so they Diane,” said Terry. decided to live it up. They planned to spend their money, because there was no need for long-term savings. They “When I was diagnosed they wanted me to have a bone took an extended trip to Italy, and when they came back, marrow transplant. They said if I had it, I might live for Terry bought himself a Corvette. another five years, but with the transplant I’d be out of work for about a year. I said that’s only four years of REVLIMID changed their lives and their plans. really living. I said no.” “And then we thought, oh no, he’s going to be OK,” says So he opted to enter a clinical trial to try REVLIMID even Diane. “So we had to settle down, pay our bills and Terry though it was still brand new. Terry knew it was an oral had to sell the Corvette.” ® Today, Terry is focused on the impact his treatment has REVLIMID, the brand name for lenalidomide, represented on others, including the network of people who extend a next-generation approach to treating blood cancers. beyond himself and his family. REVLIMID belongs to Celgene’s class of cancer drugs called IMiDs ® compounds, which are small molecule, “I own a business and I employ 12 people. I had the busi oral therapies that act on the microenvironment of the ness long before I had multiple myeloma. But if it weren’t tumor cell through multiple mechanisms of action. These for this new approach to treatment, I don’t know where mechanisms of action have not been fully characterized, those jobs or those people would be.” but it is thought that REVLIMID works through dual effects And for Diane? “We’re looking ahead, planning for the that lead to multiple myeloma cell death and inhibit tumor future, which we were afraid to do before. We have this regrowth. Specifically, REVLMID is thought to have the new baby in our lives, another son who is about to be following actions: married. It’s really fun.” • Blocks the ability of tumor cells to replicate Happily, Terry has lived long enough and well enough to • Directly kills tumor cells by pushing them into apoptosis— pay for his children’s college and watch them start their a cellular suicide pathway own families and careers. • Blocks cytokines (small cellular chemical messengers) He’s paid for his children’s college and watched them in immune cells that induce potentially damaging start their own families and careers. And yes, he’s bought inflammation himself a new Corvette. This one he’ll keep. • Activates and stimulates parts of the immune system REVLIMID Prescribing Information known as T cells and natural killer (NK) cells, which attack tumor cells and battle the cancer 21 Celgene Chapter 2 A Portrait of Confidence Patient: Susan Freeman Condition: Psoriasis Susan Freeman takes a pill with a glass of water, rolls up Susan had a similar experience with some of the newer her sleeves and heads outdoors to get to work on one of medical options that preceded OTEZLA. her favorite pastimes, photography. Taking pictures isn’t “The previous drug was an injectable. I could only have new for Susan. But rolling up her sleeves to go outside it administered at the doctor’s office. They had to order it is just a small example of a huge change in her life—a from the manufacturer. It had to be kept in a refrigerator, change due to the pill she takes called OTEZLA®. so there were all these other ramifications in terms of taking it.” Susan has psoriasis, a skin disorder that produces red, scaly patches. At first for Susan it was just on her arms Then she entered a clinical trial for a new investigational and legs; then it spread. Susan says, from the time she treatment, at the time known just by its scientific name, was a teenager she stayed covered up to hide her psoria apremilast. At first, she was on a placebo and saw no sis. It affected her activities, perhaps her relationships. improvement. Then when she was switched to apremilast her skin began to clear. “My skin ruled my life, in terms of my clothing, not going to the beach and not wearing short sleeves.” “It’s like fabulous. I could be walking around in short About 10 years ago, the unsightly red patches reached sleeves. I could be wearing a skirt. I wouldn’t feel that her face, and covering up became more difficult. UV light I needed to cover up. I am very excited. I’m thrilled.” rays from a special box in her doctor’s office worked, but Now, camera in hand, she can wander through the city’s it was a hassle. gardens. She can stop and smell the tulips without being embarrassed. “It was effective, but I had to go over to the hospital three days a week before I went to work. I just got to a point where I couldn’t stand doing it anymore.” OTEZLA Prescribing Information 22 Living Longer, Better and Healthier Lives People with Psoriasis Often Shunned by Others*4 OTEZLA® is an immunomodulatory compound. It fine tunes the body’s immune response by modulating a net 49% 45% 42% w ould not want to kiss or hug a person work of pro- and anti-inflammatory mediators. Specifically, with psoriasis OTEZLA is a targeted inhibitor of an enzyme called PDE4. would not want to share a swimming pool OTEZLA Prescribing Information with someone with psoriasis would not eat food prepared by someone who had psoriasis *Study surveyed 5,029 people from France, Germany, Spain and the UK 23 Celgene Chapter 2 A Pleasant Surprise Patient: Fiona Pirilla Condition: Myelodysplastic Syndromes (MDS) Fiona Pirilla, who lives in the United Kingdom, was diag Prior to my diagnosis, I had been very active, particularly nosed with MDS in 1999 when she was just 33 years old. playing basketball. I had played basketball for England, This is her story in her own words: and actually came to the USA between 1984–1988 on a basketball scholarship at the U.S. International University “I was first diagnosed after a particularly bad chest infec in San Diego, where I obtained my BA degree in sociology. tion that wouldn’t seem to go away. After many visits to When I returned to the UK I continued to play for a National my doctor and with consultants at the hospital, I was League club, and also England, before I eventually had to eventually diagnosed with MDS deletion 5q (a chromo retire from the sport. Running up and down a basketball somal abnormality). At that time there were no real phar court became very difficult because I couldn’t breathe prop maceutical treatments available and it was decided that erly, was very fatigued and often susceptible to infections. it was too risky for me to consider a bone marrow trans plant as I didn’t have any related donors. That is a story By 2006, my hemoglobin had dropped to the level where in itself that we’ll get to later. In the meantime my health I needed to have blood transfusions. Fortunately at deteriorated to the point where my hemoglobin levels around the same time, the opportunity for me to partici dropped continuously making me very anemic. pate in a clinical trial for REVLIMID ® came about via REVLIMID Summary of Product Characteristics Kings College Hospital in London. I was able to start the trial in September 2006 and continued until December 2007. I had a fantastic response to the drug, with my hemoglobin levels shooting right back up again, no short ness of breath, no feeling constantly tired all the time. MDS are a group of diverse bone marrow disorders Unfortunately after the clinical trial finished, I was unable often referred to as a “bone marrow failure disorder” to have access to the drug, and had to wait until 2010 and classified as a “blood cancer.” MDS affects the pro before I was finally given access to it again, as my condi duction and function of blood cells—red blood cells, tion had again deteriorated. I’ve been back on REVLIMID white blood cells or platelets. Patients often require since January 2010, and again it has had a really good blood transfusions that can lead to iron overload, and effect on my hemoglobin. the condition can progress to AML (acute myeloid leu FEELING FIT AND HEALTHY AGAIN kemia), a serious form of leukemia that has a median REVLIMID has had a dramatic effect on my quality of life. survival of less than one year. The incidence of MDS I work as a health and safety trainer in the UK which and AML is underestimated, conservatively believed to requires me to stand up and give presentations all day affect tens of thousands annually.5 and also drive all around the country, meaning very long working days sometimes. The difference now is amazing. I feel “normal” with my blood counts being very healthy. 24 Living Longer, Better and Healthier Lives Although I was too old really to start playing competitive 1999/2000, that wasn’t considered to be a good enough basketball again, I was able to return to “normal” levels match, although it could have been today. But luckily for of exercise and have now renewed my gym membership! me I was able to discover a whole new family! As I write this at age 49, my future is far from certain I continue to remain the secretary and one of the but I do know that my quality of life has been drastically directors of the MDS UK Patient Support Group— improved. http://www.mdspatientsupport.org.uk/—and I’m really proud of the work we have done over the years in raising aware A PLEASANT SURPRISE ness of MDS in the UK. I hope the awareness of the When doctors wanted to discover if I had any potential massive need for bone marrow donors continues to grow.” bone marrow donors, it raised an unexpected situation for me. I had been adopted from birth and had therefore POST SCRIPT had no previous family medical history. To cut a very long In July 2013 REVLIMID ® was approved in Europe by the story short, I was then able to contact my birth mother EMA for use in certain MDS patients who have the dele (who actually only lived about 17 miles away from me). tion 5q chromosomal abnormality. In August 2014 reim I do have a half-brother and half-sister who had the same bursement for this indication was approved in the UK.6 biological mother as me but not the same father. Back in REVLIMID Summary of Product Characteristics 25 Celgene Chapter 2 “OTEZLA Gave Me Back My Life.” ® Those are the words spoken by Theresa Dishner when she finally found relief from her crippling psoriatic arthritis. It had been a very long way from just a year earlier when she said, “I have no more hope.” Theresa’s long and painful journey actually begins in the 1970s when she was diagnosed with psoriasis. Patient: Theresa Dishner Condition: Psoriatic Arthritis The condition made her hands so rough from chapping that they would bleed. Thirty years later her condition got worse—a lot worse. Theresa began to experience OTEZLA Prescribing Information pain and swelling, first in her fingers then throughout her body. She was a high school teacher and had to sit 26 Living Longer, Better and Healthier Lives on a stool in front of her classes because it was too pain ful to get up and down out of a chair. At first doctors blamed the salt in her diet. She thought the culprit might be rheumatoid arthritis. Finally a doctor diagnosed her with a condition she had never heard of, psoriatic arthritis, a swelling of the joints related to her psoriasis. She went through the usual list of treatments for joint pain and swelling: non-steroidal anti-inflammatories (NSAIDS), the powerful drug methotrexate and the leading biologics. The NSAIDS had serious side effects and the methotrexate initially worked but gradually decreased in efficacy. She had to stop biologics when she developed further complications. Soon afterwards, Theresa was confined to a wheelchair and she had to retire from teaching. She could not help with her newborn twin grandsons. She couldn’t even get up the stairs to her bedroom. Doctors told her they had run out of options and she remembers the anguish she felt. “That was the lowest point of my life.” MARCH 2014: A LIFE-CHANGING OPTION In March 2014, the FDA approved OTEZLA® for psoriatic from the window of a beach house while her family frol arthritis. Theresa’s doctor agreed this new therapeutic icked on the sand. A year later, and only months after would be a good alternative and started her on the ther starting her new treatment, she returned to the beach a apy. Her skin improved within just two weeks after she new person. Instead of watching from afar, she woke up, started taking it, and her pain began to subside. Two took her morning dose of OTEZLA and joined her family months later, Theresa put aside her wheelchair and she all the way to the water’s edge. 7 began to live without experiencing serious side effects. Today she goes shopping, climbs stairs and plays with her grandchildren. A special shout-out to the Celgene Product Support Team that helped get Theresa her first Psoriatic arthritis is a form of arthritis that affects approx starter-pack of OTEZLA quickly, even though it was imately a third of the people who have psoriasis.8 Joint newly approved—another example of the Celgene pain, stiffness and swelling are the main symptoms of culture in action. psoriatic arthritis. It can affect any part of the body, The prior year, while on vacation with her family but including fingertips and spine, and can range from confined to her wheelchair, Theresa watched sadly relatively mild to severe. OTEZLA Prescribing Information 27 Celgene Chapter 2 “The Boy Who Launched a Thousand Cures” Patient: Quentin Murray Condition: Acute Lymphoblastic Leukemia Quentin Murray, just seven years old back in 2010, squirmed on the set of TV station Fox 8 Louisiana, as his mother Mary Webb told the reporter about Quentin’s battle against acute lymphoblastic leukemia (ALL). It was a battle that Quentin won, teetering at the very edge of medical potential and scientific imagination. Three years earlier Mary Webb was pregnant with their second child when her happy, active Quentin, then just four years old, began having strange aches and pains. He was in too much pain for summer camp; too much pain to be ring bearer at his uncle’s wedding; he just a potential cell therapy, to combat leukemia and related wasn’t himself. Doctor after doctor couldn’t figure out diseases. Their challenge was the number of stem cells what was wrong with Quentin. Some told Mary she was that could be harvested from cord blood was relatively paranoid because of her pregnancy. Ironically, that preg small. So Celgene Cellular Therapeutics’ (CCT) Dr. Robert nancy was what would save Quentin. Hariri decided to go a step further. Dr. Hariri saw the ALL is the most common childhood cancer.9 In the 1960s, placenta as a rich source of stem cells. the five-year survival rate was less than 10 percent.10 By But would Quentin’s new sister Jory be a genetic match? the time Quentin was diagnosed, the survival rate was Again, doctors said there was only a 25 to 30 percent improving dramatically, but in Quentin’s case his doctor chance that cord blood and placenta cells from Jory’s said specific genetic factors meant, with traditional che birth could be used for Quentin. When Jory was born, the motherapy, his chances of survival were only 35 percent. hospital harvested both her cord blood and blood from the Cancer specialists had been using blood taken from the placenta. It was a match! umbilical cord of newborns as a source of stem cells, 28 Living Longer, Better and Healthier Lives FIRST-OF-ITS-KIND TRANSPLANT POST SCRIPT The stem cells were separated from the blood, and on Today that little boy is not so little. Quentin is 12 years old March 28, 2008, Quentin received the first-ever com and celebrating the seventh anniversary of his transplant. bined cord blood/placenta blood transplant. He loves basketball and plays trombone in his school’s marching band. Recently he marched in the Mardi Gras “It was done at birth with no risk to myself and no risk to Parade in New Orleans, where he lives. the child,” says Mary Webb. “It’s the afterbirth—tissue that would typically be discarded. But we would have Mary Webb wrote a book about her son’s battle with leu been throwing away my son’s chance at survival.” kemia. She calls it, The Summer of Superheroes and the Making of Iron Boy, because, she says, the title speaks That transplant advanced the development of placenta- volumes about how resilient Quentin was, standing at the derived stem cells which have been further studied in frontier of medical innovation. several clinical trials. But Mary Webb says, “It all began with the little boy who launched a thousand cures.” 29 Celgene Chapter 3 3 P rogress and P rosperity Medical Innovation Reduces Costs and Saves Lives 30 Living Longer, Better and Healthier Lives Failure Is Not an Option for Patients, the Healthcare System and the Economy. Medical Innovation Reduces Healthcare Spending While Increasing Patient Health and Survival8 The single most important element in the success of the global healthcare system is medical innovation. Medical innovation leads to the discovery and devel opment of therapies that save and extend lives1—the primary goal of healthcare. And by doing that, innovation REDUCTIONS DECREASE REDUCTIONS Medical Spending Hospital Expenditure Physician OfficeVisit Expenditures helps keep healthcare costs down while driving economic growth higher. Innovative Medicines Thanks to medical innovation, patients are living longer, Healthcare Spending $1 SPENT healthier, more productive lives,2,3 a benefit that extends $6.20 SAVED For every dollar spent on innovative medicines, total healthcare spending is reduced by $6.20 across the entire healthcare ecosystem to society as a whole.4 Simply put, the longer one lives, the more time At Celgene specifically, we are expanding our innovative they have to be productive and contribute to society. therapies to nearly 100 countries worldwide. Our portfolio In 1990, there were about six million cancer survivors of approved therapies, now encompassing OTEZLA®, in the U.S. Today there are about 14.5 million.5 Back then, ABRAXANE®, POMALYST®/IMNOVID ®, REVLIMID ®, 60 percent of cancer patients could expect to live five THALOMID ®, VIDAZA® (azacitidine) and ISTODAX® years or more. Today, that number is nearly 70 percent.6 (romidepsin), provides life-changing benefits to patients. Over the past 50 years in the U.S., that increasing life expectancy has translated into improvements in real GDP of over 10 percent.7 The Bureau of Economic Analysis (BEA) has developed a Health Care Satellite Account from multiple government and academic sources to “improve our understanding of health care spending trends.” The first release shows that from 2000 to 2010, health services grew at an annual rate of 4.6 percent, while the prescription therapy component grew at less than one percent. Other analyses showed slightly different numbers, but the relative growth rates remain consistent.9 Driving future significant impact are the more than 6,800 medicines in clinical development around the world. In fact, according to a recent report, 70 percent of treat ments in the pipeline have the potential to be first-inclass therapies. ABRAXANE Prescribing Information OTEZLA Prescribing Information POMALYST Prescribing Information REVLIMID Prescribing Information THALOMID Prescribing Information VIDAZA Prescribing Information 31 Celgene Chapter 3 Medical Innovation Reduces Costs and Saves Lives IMPACT ON TREATMENT INNOVATION THAT BENEFITS ALL OF US For more than 50 years, the total cost of treating cancer Thanks in part to medicines: given the accelerated rate of ground-breaking advances in • The U.S. HIV/AIDS death rate is down 83 percent and cancer treatment. The cancer treatment model is an exam has remained approximately five percent of the total U.S. healthcare expenditure. This fact is even more impressive HIV/AIDS is now a chronic, manageable condition10,11 ple of proven sustainability in healthcare today.22,23,24,25 • U.S. cancer death rates are down 20 percent from their Cost of cancer treatment is a small and stable portion of total personal Cost of Cancer Treatment is a Small Portion healthcare 26,27,28,29Expenditure of Total Personal Healthcare expenditures peak and the five-year relative survival rate is up to 68 percent12,13 • Since 1975, childhood cancer five-year relative survival 7 rates are up 58 percent,14 lung cancer five-year survival 6 rates are up 69 percent, prostate cancer five-year sur 5 vival rates are up 66 percent, colon cancer five-year sur 4 vival rates are up 73 percent and breast cancer five-year 3 survival rates are up 83 percent 2 15,16,17,18,19 % of Total Personal Healthcare Expenditure 6 5 5.7 4.8 4.1 4.5 4.7 4.7 1995 2004 4.4 1 0 1963 1972 1980 1985 1990 2005 2010 What about the other side of the healthcare coin, the everpresent issue of cost: cost of treatment, of hospitalizations Unfortunately, while overall spending on cancer treatment and of productivity? has remained relatively constant, the portion that cancer patients being served by innovative therapies must pay To understand the total impact of cancer, it is important directly has increased substantially due to insurance reim to see the cost picture clearly. Despite concerns we may bursement challenges including specialty tiers, inconsis read and complaints we may hear, the benefits of medical tent oral parity laws and fail first practices (see Chapter 1).30 innovation clearly outweigh the spending.20 Patients should not have to choose between paying for For example, consider blood cancers: Clinical data are treatment and maintaining their day-to-day life. Yet many showing us that now, more than ever, we are increasing are forced to do so because of their insurance coverage survival rates for patients and lessening the financial design, and in some cases patients decide to skip treatment burden on the healthcare system.21 because they cannot afford the copay or coinsurance.31 Celgene Patient Support® is a free service that has been helping patients for years. When patients enroll in Celgene Patient Support®, they’ll be assigned a dedicated Specialist who will work closely with them and their doctor’s office. For more information, please call Celgene Patient Support® at 1-800-931-8691 or visit the Celgene Patient Support® website. 32 Living Longer, Better and Healthier Lives On average, consumers pay more than 20 percent of their If consistent use of prescription drugs decreases overall prescription drug spending out-of-pocket, compared to healthcare spending, and oncology drug coverage constitutes four percent for in-patient and seven percent of out-patient less than one percent of that spend,34 wouldn’t it make more hospital care.32 sense to cover a higher percentage of consumer costs for the greater, proven benefits such therapies provide? Finally, unique to the business of creating newer and better therapeutics, after a limited period of time, bio CREATING SOCIETAL VALUE pharmaceutical innovations are gifted to society forever Innovative prescription therapies can save lives and through generics that facilitate broad and low-cost access save money.35 to the greatest medical innovations in the world. Today, The National Patient Advocate Foundation (NPAF) said it nearly nine out of 10 U.S. prescriptions are filled with succinctly. “Sicker patients require more expensive care.” generics. The average cost of a hospital stay in the U.S. is nearly $10,000, more than $12,000 for patients over 45 years old. The NPAF says these costs create “an unacceptable finan The failure to … measure value has slowed innovation, led to ill-advised cost containment, and encouraged micromanagement of physicians’ practices, which imposes substantial costs of its own … . If value improves, patients, payers, providers, and suppliers can all benefit while the economic sustainability of the health care system increases.”33 cial burden” on patients and on the healthcare system.36 At Celgene, we help reduce that burden. Between 1990 and 2010, the average time spent in the hospital by cancer patients declined by 70 percent. If there had been no decline, hospital costs would have been about $250 billion more over the same time period.37 According to an economic analysis from the Center for Medicine in the Public Interest, this saving is directly attributable to medical innovation—including oral medi cations that can be administered at home. Michael E. Porter, Ph.D., Harvard Business School Bringing Healthcare Costs into Focus 38,39,40,41,42,43 Spending on cancer, relative to total healthcare spending, has remained constant over the past half century National treatment expenditures (in billions) Total personal healthcare spending (billions) National cancer treatment expenditures, 1963 - 2012 $2,500 $2,000 $1,500 $1,000 $500 Cancer treatment spending (billions) $0 1893 1917 1947 1956-66 1971 1988 33 2014 Celgene Chapter 3 Medicare Part D Part D has been a real success: 1) O ver 90% of beneficiaries are satisfied with their Medicare Part D coverage. Part of the Solution for Better Access, Improving Lives he Congressional Budget Office (CBO) estimates that 2) T total Part D costs are $348 billion less than original estimates. “When Part D began, it was surrounded by a good deal of controversy because of the vigorous debates in Congress over its passage and the very close margin of the final votes. Today, Part D is viewed as part of the fabric of the Medicare program. In a relatively short time, this program has become so widely accepted that I don’t think anyone can imagine a Medicare that didn’t offer coverage of prescription medications. I’ve had the opportunity to sit down with so many men and women who have told me how they used to cut pills in half to make their prescriptions last longer, or how they simply didn’t fill what their doctor prescribed. Now, though, they have a program that allows them to protect their health without putting them in financial jeopardy. The joy and relief on their faces is something I will never forget.” —M ary Grealy, President, Healthcare Leadership Council (HLC), September 22, 2011. 3) P remiums, including those for 2015, have been holding steady. Improved Access and Adherence to Medicines through Medicare Part D Results in Overall Cost Savings MEDICARE SAVINGS THROUGH PART D Improved access and adherence to medicines SAVED $1,200 / year this reduction achieved... In hospital, nursing home, and other costs for each individual who previously lacked comprehensive prescription drug coverage Medicare Part D continues to be a success for beneficia ries. The patient-focused program is just under 10 years old, yet it covers more than 35 million people, or roughly 2 ∕3 of all Medicare beneficiaries. $13 BILLION In overall savings during first full year of Part D A 2014 study by the National Bureau of Economic Research shows that Medicare Part D coverage created an eight percent decrease in hospital admissions for seniors and A report recently released by the Congressional Budget Office (CBO) noted that Part D spending in 2013 was nearly 50 percent less than expected when the program began in 2006. In 2013, Part D spending was $50 billion compared to the projected $99 billion. Not only was spending in 2013 less than anticipated, but the CBO also continues to reduce its 10-year baseline forecasts for Part D spending. For 2014 alone, it has been reduced by $56 billion. The report also noted “the competitive structure of Part D gives plan sponsors significant incen tives to hold down spending.” hospital-cost savings of roughly $1.5 billion. A recent study in the Journal of the American Medical Association found that the implementation of Part D created a $1,200 decrease in nondrug medical spending by patients with prior limited drug coverage. This translated into roughly $13.4 billion in healthcare savings during Part D’s first year. Private market competition within the plan is working. The Medicare Trustees estimate savings from drug rebates of between 20-30 percent, secured by plans negotiating directly with the biopharmaceutical industry without gov Following the CBO report, the Centers for Medicare and Medicaid Services announced estimated 2015 premiums for the Part D program would remain stable. It is esti mated that the average premium for Medicare Part D plans will be $32 per month in 2015. Low average monthly premiums make it possible for Part D to continue provid ing patients with affordable access to their medicines. Beneficiary satisfaction with Medicare Part D remains high and the program continues to be a model for suc cess, emphasizing the value of access to medical innova tion in patients’ lives. ernment intervention. This is value, plain and simple. And it spans patients, taxpayers and the healthcare system itself. It may have taken decades to solve the puzzle of fully integrating prescription therapy into the picture of senior health, but the results have been proven to be successful. For a company like Celgene, this is another indication that our focus on patients is a value shared across society. 34 Living Longer, Better and Healthier Lives More Than 50 Million Life Years Saved Survival time for patients with cancer has been increased consumer consumption of goods and societal prosperity, by more than 50 million additional years of life since 1990. the value reaches more than $4 trillion.46 44 Some patients have gained extra months, while some have The U.S. invests substantial public and private resources survived years even decades longer than expected. The in maintaining and improving the health of its population.47 progress has been made possible by investing in new Even with substantial public expenditures, the social ben- treatments, new pharmaceuticals and research to under- efits from the greater investment in medical knowledge stand the mechanisms underlying cancer and how they change from person to person.45 may far outstrip costs, so that the current investment in The benefits to patients and their families can be counted cent decrease in cancer mortality could be worth about in birthdays, anniversaries, weddings and other life events $500 billion.48 medical innovation too low. Imagine, just a modest 1 per- that would have been missed if it weren’t for medical innovation. But in just economic terms, such as productivity, Living Longer, Better and Healthier Benefits Society Living Longer, Better and Healthier Benefits Society49 A 1% REDUCTION Improved quality of life Worth Stimulated the economy* $500 Billion** Maximized life expectancy in CANCER related DEATHS in the U.S. *Extended survival contributes to economic stimulus by affording people more time to purchase and enjoy leisure activities **To current and future Americans INNOVATION IN PERSPECTIVE50 1960, all medicines have represented approximately 10 percent of total U.S. healthcare 10% Since spending decades, the cost of treating cancer specifically has remained around five percent of the total 5% For U.S. healthcare expenditure on new targeted cancer medicines represents less than one percent of overall healthcare 1% Spending spending For further information, please see the National Cancer Institute’s Cancer Trends Progress. To access, visit: http://www.progressreport.cancer.gov/sites/default/files/archive/report2005.pdf 35 Celgene Chapter 3 Immune Disorders Impact Productivity Saving and extending lives is not the only way medical innovation creates societal value. The limitations and dis abilities caused by immune disorders have a significant Over the last half century, improvements in health have been as valuable as all other sources of economic growth and productivity combined.” effect on productivity.51,52,53,54 Nearly half of the people with rheumatoid arthritis and 40 percent of patients with psoriatic arthritis have workrelated disabilities.55,56 A recent survey found that 74 percent of inflammatory bowel disease and rheumatoid Kevin Murphy, Ph.D., and Robert Topel, Ph.D., University of Chicago economists arthritis patients have taken time off in the past year due to their condition.57,58 See Theresa’s story in Chapter 2. But medical innovation cannot stop there. Eighty-five Of course, this takes an emotional toll on patients with percent of patients with psoriasis and psoriatic arthritis immune disorders and their families, but in just dollars say they need a better therapy.63 Nearly half of psoriatic and cents, these conditions cost society. According to patients have stopped their treatment with biologics com recent reports, the estimated economic burden of Crohn’s pletely. Patients who discontinue therapy cost an average disease, psoriatic arthritis, psoriasis and rheumatoid of $22,000 per year in lost productivity per person. To arthritis is approximately $51 billion.59,60,61 address this need, Celgene supports patient education Medical innovation can make a difference. According to to encourage treatment and earlier diagnosis. Celgene the Journal of Rheumatology, one group of patients with has also been at the forefront of important new research. psoriatic arthritis had a 68 percent increase in productivity Recent findings identified important signaling after one year of treatment.62 molecules within immune cells. One such molecule, phosphodiesterase-4 (PDE4), is a key intracellular enzyme involved in modulating immune cell activity in 36 Living Longer, Better and Healthier Lives psoriasis. Modulating PDE4 is an important mechanism of action for OTEZLA®. The discovery of OTEZLA dates back 15 years to the company’s own laboratories where the molecule was first synthesized by Celgene scientists. They saw its potential in the laboratory almost immediately and multiple teams at Celgene worked together to guide it through critical milestones. They selected the best indications to harness its potential, took it through clinical trials and onto approv als. The development of OTEZLA illustrates Celgene’s success as a fully-integrated, global biopharmaceutical company that translates unique scientific discoveries into disease-altering therapies. In 2014 and early 2015, OTEZLA was approved in the U.S. and Europe for psoriasis and psoriatic arthritis. It is already having an impact. Twenty percent of patients switched to OTEZLA from a biologic. And dermatologists across the board are prescribing it, including those who prescribe biologics, those who prescribe oral systemic, and those who prescribe mostly topical treatments. OTEZLA Prescribing Information Surveyed Patients with Psoriasis and Psoriatic Arthritis64: WORK DAYS MISSED 1 - 5 DAYS 6 - 10 DAYS >10 DAYS 62% 6.6% 31% in a typical month due to their desease 37 Celgene Chapter 4 T urning Science into R eality Greater Investments in R&D Leads to Better Health and Longer Life 38 Living Longer, Better and Healthier Lives Investment Yields Important Outcomes Biopharmaceutical companies invest heavily in research and development, investing roughly ten times more per employee than other industries.1 In 2012, biopharmaceutical companies globally spent $135 billion on research and development. 2 Celgene spent, on average, more than 30% of the Company’s revenue, or $1.6 billion. New medicines have transformed the trajectory of many diseases. Survival rates are increasing for certain cancers,3 HIV/ AIDS4 and diabetes,5 to name a few. Many deadly diseases are on the cusp of being transformed into conditions that can be managed long-term and that means less time is spent in the hospital;6 more time is spent being productive at work or with loved ones.7,8 More People Are Surviving as More New Therapies are Developed More People Are Surviving as More New Therapies Are Developed9 200 180 160 140 120 100 80 60 40 20 0 Number of cancer therapies available from 1995 through 2014 16 179 14 Cancer survivors (millions) 11.7 12 8 67 6 4 3.0 2 4.0 1995 9.8 10 101 14.5 2001 2007 0 2015 1971 2001 2007 2014 NEW CANCER THERAPEUTICS DO MORE, FOR LESS A 2009 study from Cornell University researchers found that the true cost of cancer pharmaceuticals is 30 percent less than a decade ago once longevity and quality of life are considered. The research report says new therapeutics are boosting survival rates nearly 100 percent from a decade ago along with a dramatic drop in complications. Patients taking these new medications are living longer and significantly improving their quality of life. The study draws on the experiences of thousands colon cancer patients and their doctors’ treatment decisions to cast new light on old assumptions about how to evaluate the value of new medications.10 http://www.nber.org/papers/w15174. 39 Celgene Chapter 4 PIPELINE OF POSSIBILITIES Investing in and preparing for a future that is ultimately The more than 5,400 medicines in the global biopharma- pose to change the course of human health through bold ceutical pipeline offer great hope for continued advances in the years ahead.11 Using 2013 as a benchmark, one- free from disease is an imperative that defines our purpursuits in science, and a promise to always put patients first. The successes we continue to deliver are based third of the 27 new molecular entities approved by the on fundamental, sound and exciting science. That sci- Food and Drug Administration (FDA) represent first-inclass medicines, meaning they use new or unique mechanisms of action. A third of these new entities also address rare diseases adding to the tremendous promise in the drug development pipeline.12 ence is advancing, and we are advancing along with it, toward the fully-emerging potential of the revolution in molecular biology. Our early clinical stage programs are accelerating across hematologic, oncologic and immune-inflammatory diseases (I&I). Our early development program is an ambitious value-creating undertaking with life-enhancing We believe the pipeline is INFLAMMATION & IMMUNOLOGY the lifeblood of our Company. We OTEZLA Psoriatic arthritis recognize the successes that we Psoriasis Ankylosing spondylitis Rheumatoid arthritisin 2014 and will have in have had Behçet’s Atopic dermatitis 2015 are rooted in the significant Ulcerative colitis Mongersen (GED-0301) investments that were made a decade Crohn’s disease Sotatercept (ACE-011) Renal anemia or more ago to commit to making Pomalidomide Systemic sclerosis those new technologies available to CC-220 Lupus patients today. We believe it is only Other I&I indications CC-292 (BTKi) Rheumatoid arthritis through disruptive technologies with PDA-002 (placenial stem cells) Peripheral arterial disease/ transformational impact on patients Diabetic foot ulcer that it is possible to produce a great value proposition for payers, patients and physicians.” Phase I potential programs underway internally as well as with high-value partners—collaborations that extend our Phase II ® Approval Phase III capabilities and maximize opportunities to benefit patients, public health and the global economy. One of the most important recent additions to the Celgene portfolio is GED-0301 that we acquired in early 2014. It is an example of the cutting-edge technology of anti-sense that blocks the expression of genes that cause certain disease. This has the potential to transform the treatment of Crohn’s disease, affecting millions of people worldwide from young children to senior citizens, as explained in detail in the immune-inflammatory section later in this chapter.13 Additional areas of research, growth and expansion include new opportunities in the field of epigenetics, such as our HDAC inhibitors; our first internal candidate in the field of biologics; key partnerships in the area of protein homeostasis, the manufacture and control of proteins Robert J. Hugin, Chairman and Chief Executive Officer, Celgene Corporation JP Morgan Healthcare Conference, January 2015 by cellular mechanisms; and bispecific monoclonal antibodies and targeting the processes that lead to cancer stem cell resistance. Celgene Hematology and Oncology Discovery Pipeline HEMATOLOGY & ONCOLOGY R&D Discovery Lead Op Preclinical Phase I Discovery 40 Lead Op Preclinical Phase I CC-223 ( TORKi) CC-122 ( CELMoD) Marizomib IV (PI) ACY-1215 ( HDACi) AG-120 (IDH-1) EZ-5676 (DOT1L) CC-90003 ( ERKi) CC-90002 (anti-CD-47) CELMoD AML CAR-T OMP-305B83 RPS03 Early Targets INFLAMMATION & IMMUNOLOGY R&D PDA-001 ACY-1215 ( HDACi) AG-120 (IDH-1) EZ-5676 (DOT1L) CC-90003 ( ERKi) CC-90002 (anti-CD-47) CELMoD AML CAR-T OMP-305B83 RPS03 Living Longer, Better and Healthier Lives Early Targets Celgene Inflammation and Immunology Discovery Pipeline INFLAMMATION & IMMUNOLOGY R&D Discovery Lead Op Preclinical Phase I PDA-001 CC-90001 (JNK-1) CC-90005 (PKC ) TAPA BTKi 2.0 ARRY (TYK2) Early Targets > > EPIGENETICS IN ACTION These changes in gene expression (turning a gene on) and gene silencing (turning a gene off), which do not change the underlying DNA sequence, are collectively referred to as epigenetics. Some of these epigenetic changes may be benign as in the caterpillar and the butterfly. But when they allow cells to multiply uncontrollably, the result can be cancer!14 When the caterpillar changes into a butterfly, its genome—its basic genetic sequence—does not change. We have important partnerships with Agios in the area of Some of the specifics include CC-220, our first-in-class cancer metabolism, applied specifically to the significant immuno-modulatory therapeutic for inflammatory disease. unmet medical need treating acute myeloid leukemia We are designing registration trials for CC-122, our next- (AML), with Acceleron for its novel approaches to anemia generation immuno-modulatory for hematologic and solid and beta-thalassemia, and we are working with partners tumors, and for CC-292, our BTK inhibitor—a unique target to assess the potential of the new area of CAR-T cells for the treatment of B-cell diseases with many possible that have generated so much attention. indications in both oncology and I&I. Because these biological functions are complementary, we are also looking In 2015, we expect to initiate eight new phase I studies at using these compounds in combinations and possibly with the majority of those coming from new molecules. with kinase inhibitors or CAR-T cells. In our early and mid-stage pipeline we plan to accelerate 12 programs over the next two years. Working with combinations places us at the leading edge of medical innovation. We remain committed to, above all, following the science to see where it leads. 41 Celgene Chapter 4 Trust, Patience, Discovery: The Role of Partnership At Celgene, we believe that partnerships are as critical to medical innovation as in-house research. In some areas, these partnerships allow us to explore new mechanisms and expand the usefulness of existing ones. As Tom Daniel, President, Celgene Research and Early Development, explains, “We are continuously scanning the landscape for emerging companies, far-sighted academic researchers and novel, innovative projects. We look for categorical diversification and strategic coherence—a disruptive technology that offers an anchor point for future research efforts, a new therapeutic class of molecules, a next-generation capability. We consider how well their work complements and enhances the direction of our own future programs. Finally, we apply careful scrutiny to test the value and the utility of the products of their work, therapeutic candidates and technologies.” In 2014 alone, Celgene established more than 10 innovative collaborations with some of the best emerging science companies in the world. We also extended a number of existing collaborations in support of our long-standing approach to follow scientific discoveries to see where they lead. Celgene’s reputation in the research community as a partner of choice is something we are proud of; we’re known to be willing to take measured risks to advance science in the interest of science. What’s behind this reputation is our approach—an approach that focuses on trust, patience and the quest for discovery. This is just the first step. The next focuses on the criteria used to judge fit—for Celgene and for the collaborators themselves. “We are selective about the people we work with, looking for accomplished drug hunters and technology developers with great track records, strong leadership and attitudes that are a cultural fit with our organization,” Daniel notes. “We pay close attention to their objectives, and where possible, align our mutual views of the opportunities. Perhaps the most critical element is our ongoing support of each collaboration with internal experts who contribute high added value to the collaborators and who assure ongoing excellent communication.” This is the most exciting time in the history of medicine. If we can make some radical changes to accommodate the enormous opportunities, there will be better health at lower costs for many generations to come.”15 Celgene acknowledges that letting the science come to life is the ultimate goal. By working with partners to dig deep into new and existing mechanisms, we are able to get closer to the heart of what triggers and regulates disease. The company is working on its first immunotherapy drugs directed toward inflammation, expanding its epigenetic program to make tumors more susceptible to treatment and advancing new treatment combinations that have never been tested before. Eric Topol, M.D., The Creative Destruction of Medicine author Ultimately, such partnerships build and expand an already rich pipeline, diversified by timing and by portfolio candidates, for the benefit of patients. By being willing to take measured risks and invest in promising collaborations, Celgene is creating benefit for patients now and in the future. 42 Living Longer, Better and Healthier Lives Hematology—The REVolution “REVLIMID® Approval for Multiple Myeloma Can Be Life-Changing for Patients.” The International Myeloma Foundation, 2006 In the mid-2000’s, REVLIMID, the brand name for lenalid- Six months later, June 29, 2006, Celgene reported omide, represented a new approach to treating blood REVLIMID plus dexamethasone was approved by the cancers. It was created in Celgene laboratories as an FDA for patients with multiple myeloma who had relapsed immuno-therapeutic with multiple mechanisms to fight after a prior treatment. hematologic cancers, and used principally with a synthetic steroid called dexamethasone. In December 2005, REVLIMID plus dexamethasone was first approved by the FDA for certain patients with a malig- REVLIMID is a vital addition to the treatments we use for myeloma.” nant bone marrow condition called MDS, who have a chromosome abnormality called deletion 5q. A press release from the FDA stated, “In clinical trials, patients Brian G.M. Durie, M.D., Hematologist and Chairman, International Myeloma Foundation treated with REVLIMID no longer needed transfusions, with most patients becoming independent of transfusion within three months. The transfusion-free period lasted for an average of 44 weeks.”16 REVLIMID Prescribing Information 43 Celgene Chapter 4 A year later, June 19, 2007, REVLIMID® plus dexamethasone was approved by the European Union for the same indication—patients who have been previously treated for The approval of REVLIMID as an option for use in all patients with multiple myeloma represents a new paradigm in the management of this disease. We now have clinical evidence demonstrating that starting and keeping newly diagnosed multiple myeloma patients on REVLIMID significantly improves progression-free survival.” multiple myeloma. Similar approvals came in Switzerland and Australia. In Canada, REVLIMID was also approved for MDS patients with deletion 5q. SURPRISE FINDING FOR STEROIDS USED WITH REVLIMID: LESS MAY BE MORE In June 2007, there was a dramatic finding for the REVLIMID/dexamethasone combination. Many patients don’t like the mood swings when taking dexamethasone, Kenneth Anderson, MD, Director, Jerome Lipper Multiple Myeloma Center, Dana-Farber/Brigham and Women’s Cancer Center so Michael Katz, then a 16-year myeloma survivor, and co-chair of the Patient Representatives Committee of the Eastern Cooperative Oncology Group (ECOG), proposed a study of a new approach. The study was to determine Continuing Beyond Myeloma if patients could do just as well with lower doses of “dex” when used with REVLIMID. In June 2013, the FDA approved REVLIMID for mantle cell lymphoma on strong data from a phase II study.21 Also THE ANSWER WAS A HUGE SURPRISE. Patients with low-dose dexamethasone and REVLIMID actually did better!17 in June 2013, the EMA approved REVLIMID for high-risk, transfusion dependent MDS patients in Europe with deletion 5q.22 Survival Trends in Hematology Survival Trends in Hematology Although officially approved in the U.S. and Europe only for patients who had relapsed after an initial treatment, 100 data published in the New England Journal of Medicine in September 2014 confirmed previous findings, namely that 5-Year Relative Survival Rates (%)23 88% 90 82 REVLIMID plus low-dose dexamethasone improves survival and other measures of efficacy in newly diagnosed 80 multiple myeloma patients who are not eligible for a stem 70 cell transplant. 18 Hodgkin Lymphoma 71% 72 59% 60 REVLIMID for All Lines of Myeloma 50 Non-Hodgkin Lymphoma 51 45 45% 47 40 In February 2015, the FDA approved REVLIMID for the broadest possible range of myeloma treatments including 30 newly diagnosed patients and continuous treatment, demonstrating expanded value by advancing the course 20 Leukemia 34 Myeloma 29 25 of treatment for patients.19 The European Union followed 10 soon after with approvals for frontline REVLIMID treatment for elderly patients not eligible for transplant.20 0 REVLIMID Prescribing Information 44 1975-1977 1990-1992 2003-2009 Living Longer, Better and Healthier Lives REVLIMID® is leading the revolution in hematology as a standard of care in multiple diseases. Patients with myeloma, MDS and mantle cell lymphoma now have access to this innovative, oral therapy. REVLIMID has also become a model for developing other successful treatments like POMALYST®/IMNOVID® and newer hematology compounds still in our early pipeline.” Jacqualyn A. Fouse, Ph.D., President, Global Hematology and Oncology, Celgene Corporation Celgene Hematology Pipeline24 HEMATOLOGY Phase I Phase II Phase III Approval REVLIMID ® MM MDS deletion 5q MDS non-deletion 5q CLL T-Cell leukemia NHL-MCL NHL-DLBCL NHL-FL NHL-iNHL VIDAZA® MDS AML ISTODAX ® CTCL, PTCL POMALYST®/IMNOVID ® MM CC-486 (oral aza) MDS AML Sotatercept (ACE-011) MDS beta-thalassemia Luspatercept (ACE-536) MDS beta-thalassemia AG-221 Heme malignancies AG-120 Heme malignancies Our hematology franchise continues beyond REVLIMID • Agios with AG-221, its IDH2 inhibitor that targets and POMALYST/IMNOVID. CC-486, our oral epigenetic mutated enzymes for use in advanced hematologic agent, often referred to as oral azacitidine, continues malignancies and some solid tumors for our oncology enrolling its phase III programs in MDS and AML. In franchise. Europe VIDAZA continues to advance with results from AML-001 showing improvement inPhase survival for older I ONCOLOGY 25 patients ABRAXANE ®with acute myeloid leukemia. • And Acceleron with sotatercept and luspatercept, its Phase II TGF-beta superfamily growth factor regulators for both Phase III Approval MDS and beta-thalassemia. Breast NSCLC Clinical Pancreatic trials also continue through collaborations with our Adjuvant pancreatic partners including: Triple negative breast VTX-2337 •Ovarian Acetylon cancer with ACY-1215, its epigenetic HDAC inhibitor Squamous cell carcinoma in combinations with REVLIMID and with POMALYST/ CC-486 (oral aza) Solid tumors IMNOVID for previously treated multiple myeloma. Demcizumab NSCLC REVLIMID Prescribing Information Pancreatic POMALYST Prescribing Information Ovarian VIDAZA AG-221 Prescribing Information Solid tumors ISTODAX Prescribing Information 45 Celgene Chapter 4 Oncology What do tumors like to eat, and how can we trick the tumor into believing we’re their Friend? Albumin shell Paclitaxel ABRAXANE® (nab-paclitaxel) is a nanotechnology-based Celgene is working with multiple partners to further evalu- therapy that is currently the only nanomedicine approved in ate the potential of these approaches to help improve out- oncology. With approvals for advanced breast, lung and comes for patients.27 26 pancreatic cancers in more than 50 countries, ABRAXANE ABRAXANE also allows solvent-free administration of remains an essential chemotherapy for treatment success chemotherapy that would have otherwise limited solubility in challenging cancers. There are more than 100 studies in the blood stream. The chemotherapy in standard for- of ABRAXANE, across poor prognosis cancers, such as mulation is prepared in Cremophor or ethanol for admin triple negative breast cancer, pancreatic cancer and istration. According to a study in the Annals of Oncology, squamous lung cancer. In addition, Celgene continues to the Cremophor vehicle itself has substantial toxicity. This leverage the unique attributes of ABRAXANE as a back- includes fatal hypersensitivity reactions. The ABRAXANE bone chemotherapy in combination with immunothera- nanotechnology eliminates the need for pretreatments and pies. Given its efficacy and lack of steroid premedication, for solvents.28 ABRAXANE Prescribing Information 46 Living Longer, Better and Healthier Lives In 2012, Celgene reported that the FDA approved ABRAXANE® for the first-line treatment of locally advanced or metastatic non-small cell lung cancer (NSCLC), in combination with carboplatin, in patients who are not candidates for curative surgery or radiation therapy. This approval marked the second indication for ABRAXANE in the U.S.; it was first approved in 2005 for the treatment of metastatic breast cancer after failure of combination chemotherapy.29 At LUNGevity our goal is to extend patients’ lives and improve the quality of their lives, and ABRAXANE has the potential to impact both.” Andrea Stern Ferris, president, LUNGevity Foundation Lung & Bronchus Cancer30 20 19 5-Year Relative Survival Rates (%) Based on Year of Diagnosis 17.5% 18 17 16 15 14 13 12.2 13.1 12.8 13.6 13 12.8 14.3 14.6 15.3 12 11 10 *Y-axis skips from 0 -10, and then continues in intervals of 1 from there on 0 1975-77 1978-80 1981-83 1984-86 1987-89 1990-92 1993-95 1996-98 1999-2002 2003-09 ABRAXANE Prescribing Information In metastatic pancreatic cancer, ABRAXANE in combination with gemcitabine is the first and only taxane-based therapy proven to extend survival. In 2013, the Translational Genomics Research Institute (TGen) and Scottsdale Healthcare in Arizona noted the following: The MPACT study of ABRAXANE plus gemcitabine versus gemcitabine alone improved one-year median survival rates by 59 percent, increasing one-year survival from less than a quarter of the patients (22 percent) to more than a third (35 percent) compared to the standard of care.31 In pancreatic cancer, ABRAXANE is approved by the FDA for the first-line treatment of patients with metastatic adenocarcinoma of the pancreas, in combination with gemcitabine. Here we have a therapeutic that increases survival by a statisti 20 cally significant and clinically relevant quantity. In pancreatic cancer, ABRAXANE 15 plus gemcitabine is a significant step forward. So it’s a good option for patients.” Manuel Hidalgo, M.D., Ph.D., director of the clinical research pro- 10 gram at CNIO, Centro Nacional de Investigaciones Oncológicas in Madrid, Spain Pancreatic Cancer32 7 5-Year Relative Survival Rates (%) Based on Year of Diagnosis 6.4% 6 5.3 5 4.3 3.5 4 3 2.4 2.8 2.8 2.9 1978-80 1981-83 1984-86 3.9 4.4 2 1 0 1975-77 1987-89 1990-92 47 1993-95 1996-98 1999-2002 2003-09 Celgene Chapter 4 In 2014 at the San Antonio Breast Cancer Symposium, the German Breast Group (GBG) announced that ABRAXANE® presented significant benefit for patients with early high risk breast cancer when compared to conventional paclitaxel. These findings were from the GeparSepto clinical trial, which was sponsored by GBG and conducted together with the German AGO-B study group. The trial involved over 1,200 patients, which is currently the largest randomized phase III study ever completed with nab-paclitaxel and the first trial completed in high risk early breast cancer.33 In breast cancer, ABRAXANE is approved by the FDA for the treatment of metastatic breast cancer (MBC) after failure of combination chemotherapy for metastatic disease or relapse within six months of adjuvant chemotherapy. Prior therapy should have included an anthracycline unless clinically contraindicated. HEMATOLOGY REVLIMID Breast Cancer34 MM Phase I Phase II Approval Phase III ® MDS deletion 5q MDS non-deletion 5q 100 5-Year Relative CLL Based T-Cell leukemia 95 NHL-MCL Survival Rates (%) on Year of Diagnosis NHL-DLBCL NHL-FL 85 NHL-iNHL VIDAZA® 80 MDS AML ® ISTODAX 80 CTCL, PTCL 74.8 POMALYST®/IMNOVID ® 75 MM CC-486 (oral aza) MDS 70 AML Sotatercept (ACE-011) *Y-axis skips MDS beta-thalassemia Luspatercept (ACE-536) 0 MDS 1975-77 beta-thalassemia AG-221 Heme malignancies AG-120 Heme malignancies 85.2 84 74.4 76.1 86.3 88.2 89.9 90.3% 78.9 from 0-70, and then continues in intervals of 5 from there on 1978-80 1981-83 1984-86 1987-89 1990-92 1993-95 1996-98 1999-2002 2003-09 Beyond the current approvals in metastatic breast cancer, non-small-cell lung cancer and metastatic pancreatic cancer, ABRAXANE is a pipeline in itself, with trials in combination with new immuno-oncologic agents such as PD-1 and PDL-1 100inhibitors, trials with locally advanced pancreatic cancer, a broad clinical program in non-small-cell lung cancer, additional trials in triple negative breast cancer, and more. 80 Celgene Oncology Pipeline35 ONCOLOGY Phase I Phase II ABRAXANE ® Breast NSCLC Pancreatic Adjuvant pancreatic Triple negative breast VTX-2337 Ovarian cancer Squamous cell carcinoma CC-486 (oral aza) Solid tumors Demcizumab NSCLC Pancreatic Ovarian AG-221 Solid tumors 60 ABRAXANE Prescribing Information 48 Phase III Approval Living Longer, Better and Healthier Lives Inflammation and Immunology Celgene I&I Pipeline36 INFLAMMATION & IMMUNOLOGY Phase I Phase II Phase III Approval OTEZLA ® Psoriatic arthritis Psoriasis Ankylosing spondylitis Rheumatoid arthritis Behçet’s Atopic dermatitis Ulcerative colitis Mongersen (GED-0301) Crohn’s disease Sotatercept (ACE-011) Renal anemia Pomalidomide Systemic sclerosis CC-220 Lupus Other I&I indications CC-292 (BTKi) Rheumatoid arthritis PDA-002 (placenial stem cells) Peripheral arterial disease/ Diabetic foot ulcer Ozanimod Relapsing multiple sclerosis (RMS) Ulcerative colitis Crohn’s disease Now, with the global launch of OTEZLA® underway, Celgene moves beyond groundbreaking work in hematology and oncology to create new therapeutic potential for the millions of patients with immune-inflammatory disorders in the U.S. and around the world. The therapeutic area of Inflammation and Immunology (I&I) Since 2009, the International Federation of HEMATOLOGY & Discovery Lead Op ONCOLOGY R&D Associations (IFPA) Psoriasis and psoriasis CC-223 ( TORKi) CC-122 ( CELMoD) associations worldwide have worked hard to Marizomib IV (PI) put psoriasis on the agenda of the World Health ACY-1215 ( HDACi) AG-120 (IDH-1) Organization (WHO). During the 133rd meeting EZ-5676 (DOT1L) CC-90003 ( ERKi) of the(anti-CD-47) WHO Executive Board, a resolution on CC-90002 CELMoD AML psoriasis was proposed and discussed, leading CAR-T OMP-305B83 to unanimous adoption by the WHO Executive RPS03 Board. This resulted in the resolution being Early Targets put before the 67th World Health Assembly in May 2014, where it was also approved. INFLAMMATION & IMMUNOLOGY R&D Discovery is new to Celgene, but the creation of OTEZLA dates Preclinical Phase I back 15 years to our own laboratories. Celgene’s scientific teams nurtured apremilast, eventually named OTEZLA, through preclinical testing, clinical trials and on to regulatory approvals and commercial availability. Today, patients with psoriasis and psoriatic arthritis can access the clinical benefits of OTEZLA in more than 30 countries.37 Supporting our belief that patients with autoimmune and inflammatory disorders were underserved, the reaction to OTEZLA has been clear and strong. Since launching in psoriatic arthritis in 2014, OTEZLA has obtained the highest initial weekly of any launch Preclinical prescription volume Phase I Lead Op For more information and to read the resolution visit PDA-001 http://www.ifpa-pso.org/web/page.aspx?refid=273. CC-90001 (JNK-1) CC-90005 (PKC ) TAPA BTKi 2.0 ARRY (TYK2) in the I&I space in recent years. In psoriasis, the number of dermatology prescribers of OTEZLA quadrupled in just the first three months after its U.S. launch. OTEZLA Prescribing Information Early Targets 49 Celgene Chapter 4 Beyond these large areas of unmet medical need, GED-0301 targets mRNA for the protein Smad7. High Celgene remains committed to expanding the OTEZLA® levels of Smad7 interfere with anti-inflammatory pathways brand in terms of indications and geography. We are (TGF-beta 1) in the digestive tract, leading to increased advancing the program in ankylosing spondylitis and initi- inflammation.39 ating phase III studies of OTEZLA in atypical dermatitis In April 2014, Celgene acquired this late-stage compound and ulcerative colitis. We are also pursuing an indication targeting Crohn’s disease and other gastrointestinal in Behçet’s disease, a rare, chronic, auto-inflammatory disorders. disorder that leads to damage to blood vessels throughout the body. Turkey, the country with the most significant prevalence of Behçet’s, accepted the phase II trial results for regulatory filing because they recognize the potential GED-0301 is a potentially transformative therapy that demonstrated striking clinical activity in a Phase II trial for Crohn’s disease. It strengthens our expanding pipeline of novel therapies intended to address significant unmet medical need in immune-mediated diseases.” value OTEZLA could bring to their people. This impressive acceleration of approvals and demand for the clinical benefits of this medical innovation would seem to be enough for the I&I franchise. But it is not. True to the Celgene purpose to pursue transformational science that will translate into life-enhancing medicines, we’ve followed the science to Dublin, Ireland and GED0301. This is a first-in-class oral anti-sense therapeutic being studied for the treatment of Crohn’s disease, an immune-mediated, chronic inflammatory condition of the Scott Smith, President, Inflammation and Immunology, Celgene Corporation gastrointestinal tract, with potential further applications in ulcerative colitis. Celgene’s CC-220 (cereblon modulator), a next-generation Antisense Oligonucleotide Therapy compound targeting inflammatory diseases, which has phase II trials underway in lupus, a disease that affects five million people worldwide,40 with further plans for Double-stranded DNA clinical trials in systemic sclerosis and sarcoidosis. Sotatercept (ACE-011) represents a potential new approach to treating for renal anemia. The success of OTEZLA and the potential of our new therapies highlight the promising future of our newest franchise. Celgene Cellular Therapeutics, CCT, is Celgene’s cellular therapies research division, focused on the therapeutic use of stem cells derived from human placentas and Gene Single-stranded mRNA carries instructions to make a protein umbilical cord blood. Stem cell-based therapies repre Single-stranded ANTISENSE oligonucleotide, locks onto the mRNA to inactivate it sent an important new option in the treatment of currently untreatable diseases. Stem cells from umbilical cord blood and from the placenta, which is discarded as medical waste, are abun Antisense therapies target molecules called messenger dant and ethically uncontroversial. Celgene has multiple RNA (mRNA). The mRNA carries information from each studies including those that demonstrate that these cells section of the DNA to create a protein. Anti-sense tech have the potential to repair or regenerate a wide range of nology creates a complementary or mirror image of the damaged or disease-affected tissues. mRNA that binds to it and inactivates its ability to function.38 OTEZLA Prescribing Information 50 Living Longer, Better and Healthier Lives Celgene Cellular Therapeutics Exploring Novel Areas of Research Celgene Cellular Therapeutics Pipeline41 CELLULAR THERAPIES Phase I Phase II Phase III Filing/Approval Post-Reg/Approval BIOVANCE® (human amniotic membrane allograft) Wound management extracellular matrix Wound management PDA-001 Crohn’s disease PDA-002 Peripheral artery disease /Diabetic foot ulcers In 2006, CCT obtained the first U.S. patent for methodology •A second product, PDA-002, is in trials for peripheral to recover a variety of cells from the human placenta. This artery disease and diabetic foot ulcers—painful sores was the first of many CCT stem cell patents, and Celgene that do not heal. maintains a dominant intellectual property estate in this •T he human placental extracellular matrix (ECM), the increasingly important therapeutic area. non-cellular part of tissue that provides structural support to cells, is a highly versatile biomaterial that can be LifebankUSA is Celgene’s tissue banking facility that ® formulated and configured for a number of therapeutic allows families to store placental cells and cord blood applications. so they can be used to harness the potential of stem cell- • BIOVANCE® is a topically-applied wound covering based therapies if needed in the future. produced from the human amniotic membrane and In 2008, the first human patient was treated with a combi- partnered for distribution. nation of cord blood and placenta-derived stem cells for ALL (acute lymphoblastic leukemia). See Quentin Murray’s story in Chapter 2. Celgene scientists also discovered specific cell surface All these advancements rep resent the various ways CCT is giving birth to a wide range of new ideas from nature’s own sources of healing tissues.” properties that allow pharmaceuticalized placenta-derived stem cells to be infused therapeutically without the need for tissue matching. Since that time, CCT has developed a number of products with potential therapeutic applications: • PDA-001 is the pharmaceuticalized product derived Perry A. Karsen, Chief Executive Officer, Celgene Cellular Therapeutics from placental stem cells. It is currently in clinical trials for Crohn’s disease. 51 Celgene Chapter 5 5 Translating Science into Transformational M edicines Working Toward a World Free from Cancer 52 Living Longer, Better and Healthier Lives Creating the Future Through Medical I nnovation The future of cancers and other profound, debilitating diseases is being shaped today by: • Research-stage science that will translate into exciting new life-enhancing therapies, changing the shape and course of disease • Public policy, access and reimbursement decisions that will allow all patients who need treatment to receive it • Patient-focused models that will support the whole person and not just the illness. The progress toward better outcomes and longer lives is reflected in the annual cancer death rate dropping by an average 0.5 percent every year between 2002 and 2011.1 At the current pace of innovation, the number of life-years lost to cancer is expected to decrease by 43 percent within the next 30 years.2 The Promise of Medical Innovation = Fewer Lives Lost 3 Cancer Patients Want a Say in Treatment Decisions 4 • • • • 80 169.3 Million Patients and Their Families Physicians Public Payers/Insurers Other 78% 72% 70 43% Reduction 60 50 41% 40 96 Million 28% 30 20 10 0 Life-years Lost to Cancer Worldwide Who Decides? Who Pays? The quality of those life-years is expected to increase choice of medicines to treatment models to broad and measurably as well, as patients enjoy medicines that are unencumbered access to essential new scientific devel- better targeted and easier to tolerate, including new cancer opments. A 2012 survey entitled, “New Insight into Public medicines that leverage the body’s own innate immune Perceptions of Cancer” found that patients, well above system to attack select cancer cells and stop them in physicians and other interested parties, wanted a clear their tracks. decision making role in their treatment, placing them as 5 the primary determinant of what happens in their fight In the midst of such profound change is the ever-growing against disease.7 voice of the patient, an important and necessary voice. Patients want to be more involved in their care,6 from 53 Celgene Chapter 5 A Tribute to Patients In fact, she was able to celebrate her 49th birthday and enjoy another year and a half of life. The gift she gave of herself to support the trial paid off. I pity the next person who asks me if investment in medical innovation is affordable for our society. Because of medical advances I just celebrated a birthday I never thought I would have.” The story of medical innovation begins and ends with patients. Lynne B. Jacoby—September 9, 1964–October 6, 2013 Lynne passed away 18 months after her initial diagnosis. Her story, however, is triumphant. She, like the countless patients who fight for more every day, gave us deeper knowledge about her disease and, more importantly, about the power of the human spirit, and a reminder that we’re all in this together. We thank the patients who volunteer for trials, giving freely of their time to advance treatments for themselves and, in some cases, for people they will never meet. We thank the patients who advocate for themselves and others, ensuring that the investments made in research, programs and treatment models truly serve those in need. We thank people like Lynne Jacoby. “For someone who is given a diagnosis like me and told that their life would be measured in weeks—the fact is, everybody’s life is measured in weeks, and we have to do whatever we can to make it as many weeks as possible.” Lynne was diagnosed at age 48 with Stage 4 pancreatic cancer. Her doctor told her that she had about three months of life left. The advice was to go home, get her things in order and focus on making her remaining days comfortable. That did not sit well with Lynne. Instead, she offered her time and body to a trial for ABRAXANE®. She knew she wouldn’t live forever, but she knew she could not spend her time just waiting for the end. As Lynne said, “I could accept the diagnosis but I could not accept the prognosis.” Within two months the tumors on her liver shrank tremendously. Soon afterward, the tumors on her pancreas followed suit. And the difficulties that accompanied her disease—the night sweats, indigestion, stomach pains, neck and back pains, and elevated white-blood cell counts—subsided. She lived far beyond three months. The cost of new cancer drugs represents less than one percent of the value these therapies yielded in mortality reduction.” ABRAXANE Prescribing Information Frank Lichtenberg, Ph.D., Columbia Business School 54 Living Longer, Better and Healthier Lives Nurturing innovation During the 1970s, the four largest European countries were responsible for 55 percent of new medicines produced by major nations, while the U.S. held a 31 percent share. But over the decade from 2001 to 2010, the U.S. share jumped to 57 percent, while France, Germany, Switzerland, and the United Kingdom saw their share of new medicines plummet 33 percent.8 Researchers are pioneering sophisticated new techniques The future of transformational medicines also lies in how open a society is in terms of in the areas of molecular diagnostics, computational tools, targeted therapies and overall healthcare practices that allowing innovation to flourish. Smart, up-to-date regula- will also tame cancers to one day transform them into tory processes that match the maturity of the science, manageable conditions. Leveraging epigenetics, genom- legal operating environments that honor the intellectual ics, proteomics, Big Data, and more, today’s members of rights of innovators and reimbursement models that give the healthcare ecosystem are emboldened in their pursuit patients more options rather than less are all factors in of making debilitating diseases and conditions a thing of how receptive and productive a society is in its support the past. Here is an example of where science and policy of patients and their medical benefit. can overcome hurdles to work together, transforming forward-thinking ideas into medical solutions that will help patients live longer, better and healthier lives. 55 Celgene Chapter 5 The Value of Sharing SEEKING INNOVATIVE TREATMENTS FOR NEGLECTED DISEASES OF THE DEVELOPING WORLD At Celgene, we believe patients should have the opportu- CGH is screening our diverse chemical library for activity nity, regardless of their location or financial resources, to in neglected diseases affecting the developing world benefit from advances in prevention, diagnosis and treat including sleeping sickness (human African trypanosomia- ment of disease. Celgene Global Health (CGH), founded sis), an epidemic in 36 African countries;10 Chagas disease, PMS 143 PMS CG10 in 2009, collaborates with partners around the globe in endemic in 21 countries in Latin America;11 leishmaniasis, finding innovative solutions for healthcare challenges in occurring in 98 countries with 350 million people at risk;12 the developing world. This work is based on our belief lymphatic filariasis, affecting more than one billion people; that innovative therapies and healthcare partnerships are along with malaria; tuberculosis and viral hemorrhagic essential components of long-term progress and prosper- fevers. PMS 557 PMS 7466 PMS 7441 PMS 646 ity around the globe.9 For more information please visit: https://www.celgene.com/content/uploads/2014/12/celgene2014-crr.pdf 56 Living Longer, Better and Healthier Lives PROJECT DATA SPHERE® For decades, life sciences companies, research institu- Project Data Sphere, which is the brainchild of the CEO tions, hospitals and independent researchers have been Roundtable on Cancer’s Life Sciences Consortium (LSC), searching for answers to cancer’s most complex questions. is a singular platform where the entire global cancer com- For decades, they have done this work alone or in small munity can share, integrate and analyze historical patient collaborations. The patients who freely participated in their level, comparator arm data from academic and industry research hoped their experiences could lead to break- phase III cancer trials (individual information is de-identified throughs—for themselves or for future cancer patients who before sharing). It is open to researchers affiliated with life would benefit from their sacrifice. But what could happen if science companies, hospitals, research institutions and trial information could be shared freely and without borders? independent researchers, at no cost. By sharing informa- What could happen if the pace of innovation moved faster? tion on an individual patient level, everyone participating in the platform can gain new insight into cancer research, In 2014, Celgene co-led an effort that included Sanofi, supporting the goal of sharing an ever increasing, ever AstraZeneca, Bayer, Pfizer, Johnson & Johnson and diverse and ever improving set of information for the bene- Memorial Sloan-Kettering Cancer Center in the launch of fit of cancer patients now and in the future. Celgene sits Project Data Sphere—a first-of-its-kind initiative to create a on the Board of Directors of LSC. global, research-sharing platform. By taking a leadership role in this collective approach to research, Celgene con- The LSC understood that cancer is a global disease, and it tributes to the goal of creating lasting value for patients needs global cooperation, global transparency and global in terms of insight, innovation and speed. As Bob Hugin, innovation to meet it head-on. Collective action is a powerful Celgene CEO, noted at Project Data Sphere’s inauguration, response, powerful for research and, ultimately, a powerful “ … Project Data Sphere has the potential to accelerate the way to find solutions for patients.13 speed with which clinical trials are conducted, improve the efficiency of trial designs and assist with the development of data standards applicable to all cancer types.” For more information about Project Data Sphere, visit our website at: https://projectdatasphere.org Celgene Global Health Pipeline Discovery CELGENE GLOBAL HEALTH PIPELINE Hit ID Lead Identification Development Lead Optimization New Chemical Entities in Celgene’s Library Visceral Leishmaniasis Chagas/HAT Malaria Helminths Wolbachia Tuberculosis CC-11050 Tuberculosis Erythema nodosum leprosum Immune reconstitution inflammatory syndrome CC-11050/CC-5048 Hemorrhagic Fevers (Junin, Lassa, Ebola, Rift Valley) Lenalidomide Human Immunodeficiency Virus Pomalidomide Kaposi Sarcoma 57 DC Nonclinical Phase I Phase II Celgene Chapter 5 Toward a World Free from CANCER CANCER 58 Living Longer, Better and Healthier Lives We need to continue the momentum we have started and work together to change the course of human health for patients, health care, our economy and future generations.” Robert Hariri, Ph.D., Vice-chairman and Co-founder, Human Longevity, Inc. THE GOAL IS TO SAVE THE PATIENT, NOT JUST KILL THE CANCER. “It’s realistic to think we will have a world free from the Despite these advances, cases and deaths continue to impact of cancer,” said Amy Abernethy, MD, Ph.D., a rise globally from 12.7 million in 2008 to over 14.1 million medical oncologist at Duke Medicine in North Carolina. cancer cases in 2012, according to the World Health Organization (WHO).17 That’s an increase of 11 percent. She was one of the experts at a recent forum on cancer The World Cancer Research Fund International estimates research—experts who believe we might be getting closer that this number could increase to 24 million by 2035.18 to a new reality: a WORLD FREE FROM CANCER. With statistics likes these, it’s understandable why so Medical innovation has already made significant progress many people are afraid of cancer, and why they some- against cancer. Today, the five-year relative survival rate times feel hopeless upon diagnosis. for all cancers is 68 percent, up from 49 percent in the However, as the experts believe, a WORLD FREE FROM 1970s.14 Over the next decade, the number of people who CANCER is not only possible but also obtainable. Advances have survived five or more years after cancer diagnosis are starting to turn cancer into a chronic disease, allowing is expected to increase by 37 percent to over 11.9 million patients to live longer, better and healthier lives. These in the U.S. according to a report published in Cancer patients, and the growing number of patients to follow in Epidemiology, Biomarkers and Prevention.15 the years to come, will be known as cancer survivors, not The changing tide of cancer survival is already evident in cancer victims; people who set and achieve new goals in multiple myeloma. In the U.S. alone, survivorship increased life after diagnosis. Although not all of them will actually be by 73 percent in the first decade of this century.16 cured of the disease, they will have a better chance to live full lives with the right treatments. To learn more, read a recent Scientific American Worldview publication, Cancer: The March on Malignancy. To access please visit: www.nature.com/nature/outlook/cancer 59 Celgene Chapter 5 Let Us Begin To achieve a WORLD FREE FROM CANCER, we need continued innovation and collaboration from patients, advocates, healthcare providers, academia, innovators, payers, policymakers and regulators. Public-private partnerships provide an option to help researchers share resources and data in a collaborative manner. In addition, by simplifying the accelerated approval pathway for new therapies, patients could get access to new, effective medicines faster than ever before. Intervene Sooner Louis J. DeGennaro, Ph.D., president and CEO of the Leukemia & Lymphoma Society (LLS) says, “Currently, healthcare is in the mode of thinking about treating cancer after it happens, but we should be challenging ourselves in the near term to put more resources into ways to prevent cancer.” Diagnose Faster Lee Hood, M.D., Ph.D., president of the Institute for Systems Biology, has an initiative that looks at the starting point where health begins to transform into disease so we can learn how and why this happens in time to intervene. Treat Smarter But once the cancer does escape and begins to do its damage, smarter targeted treatments must be the order of the day. In some cases, that has started to happen already. Innovative oral medications can be administered at home reducing costly hospitalizations.19 More tolerable treatments can be taken continuously so the cancer has less of a chance to regroup and re-emerge.20 60 Living Longer, Better and Healthier Lives Miles Beyond Myeloma With a single pill, a patient with terminal cancer maintains his status as a marathon machine. Wearing a yellow visor, Don Wright slipped between other runners on his way to the finish line. On that sunny December day in 2012 in Honolulu, he completed his goal of running a marathon in each of the 50 states, having participated in 70 marathons overall. Few 71-year-olds could accomplish that, especially nearly a decade after being diagnosed with multiple myeloma. Wright beat the typical five-year survival average, surpassing it by two times so far. He is able to do all that running because a once-a-day pill keeps his myeloma at bay. “It’s so easy to take,” he says, “and I don’t have any side effects.” In fact, Wright, now 74 years old, feels so good that even a marathon in every state was not enough for him. “We’re going to go to 100 marathons,” he says. “When we get there, we’ll go for 101.” 61 Celgene Chapter 5 Celgene’s Leadership Position Celgene is positioned to play a leading role in the transformation of cancer to a chronic, manageable disease. We can do this in many ways, such as proposing patient-friendly policies that may help to help reduce health care costs and spur innovation while preserving the overall high quality of our healthcare ecosystem. These recommendations are a call to action for us all, to fight for: • Faster ways to approve new therapies with a goal of saving more lives sooner. • Adequate funding for our incubators of basic research, such as the National Institutes of Health. • A regulatory paradigm that recognizes the nature of 21st century science, including the creation of “innovation spaces” for regulators. • Putting cost in context. “While the cost of bringing cutting-edge cancer treatments to the public is a subject of endless debate, to the patient facing a devastating illness, results are priceless,” says Tomas J. Philipson, Ph.D., The University of Chicago. • A reimbursement paradigm that acknowledges broad and unencumbered access to new medicines generates greater longevity; improved quality of life; reduced cost of managing disease and increased productivity which is good for our economy. • And, above all, bringing the voice of the patient to the forefront through comprehensive, transparent and consistent processes to integrate patient input into healthcare decision making. In just 30 years, medical innovation decreased the number of HIV-related deaths in the U.S. by 90 percent. Imagine that by the year 2050, if we work together, we could proclaim the same for patients with cancer.” Robert Goldberg, Ph.D., Health Economist, Center for Medicine in the Public Interest At Celgene, reaching for this WORLD FREE FROM CANCER is what drives us every day. 62 Living Longer, Better and Healthier Lives We are a company of people committed to delivering on aspirational objectives that meaningfully improve the lives of patients in need. We are continuing to build a company where every employee’s best work is supported and celebrated for the impact it has on patients’ lives.” Robert J. Hugin, Chairman and Chief Executive Officer, Celgene Corporation 63 Living Longer, Better and Healthier Lives References 1. Murphy KM and Topel RH. The Value of Health and Longevity. J Political Econ 2006: 114; 5; 871-904. 2. E stimate derived from the National Bureau of Economic Research. Sun EC, Jena AB, Lakdawalla DN, et al. An Economic Evaluation of the War on Cancer. NBER Working Paper No. 15574. Issued in December 2009. Available at http://www.nber.org/papers/w15574. Accessed April, 2015. Methodology discussed at http://valueofinnovation.org/about-the-clock.html and http://imgsrv.wben.com/image/wben2/UserFiles/File/Philipson%20FF.pdf. Lichtenberg, FR. Current estimates based on “Has Medical Innovation Reduced Cancer Mortality?” National Bureau of Economic Research. Revised October, 2013. Accessed April, 2015. 3. A merican Cancer Society. Cancer treatment & survivorship facts & figures 2014–2015. Available at http://www.cancer.org/acs/groups/content/@research/documents/document/acspc-042801.pdf. Accessed April, 2015. 4. Lichtenberg FR. NBER Working Paper No. 18235. Pharmaceutical innovation and longevity growth in 30 developing and high-income countries, 2000–2009. Available at http://www.nber.org/papers/w18235. Accessed April, 2015. Lichtenberg FR. NBER Working Paper No. 9754. The impact of new drug launches on longevity: evidence from longitudinal disease-level data from 52 countries, 1982–2001. Available at http://www.nber.org/papers/w9754. Accessed April, 2015. 5.Centers for Medicine in the Public Interest. The medical value of innovation. Available at http://valueofinnovation.org. Accessed April, 2015. 6. A merican Cancer Society. Cancer treatment & survivorship facts & figures 2014–2015. Available at http://www.cancer.org/acs/groups/content/@research/documents/document/acspc-042801.pdf. Accessed April, 2015. 7. M Y LIFE IS WORTH IT. MY LIFE IS WORTH IT Calls for Balanced View of the Value of Advanced Therapeutics for Cancer Patients at Global Hematology Conference. Available at http://www.businesswire.com/news/home/20141203005328/en/LIFE-WORTH-Calls-Balanced-View-Advanced-Therapeutics#.VTavpFxEgzI. Accessed April, 2015 8. P harmaceutical Research and Manufacturers of America. 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Phase II Data for Celgene’s Investigational Oral GED-0301 for Patients with Active Crohn’s Disease Published in New England Journal of Medicine. Available at http://ir.celgene.com/releasedetail.cfm?releaseid=902361. Accessed April, 2015. 40. Lupus Foundation of America. Statistics on Lupus. Available at http://www.lupus.org/about/statistics-on-lupus. Accessed April, 2015. 41. Celgene data on file. Chapter 5 1. A merican Cancer Society. Annual Report to the Nation: Cancer Death Rates Still Dropping. Available at http://www.cancer.org/cancer/news/news/annualreport-to-the-nation-cancer-death-rates-still-dropping. Accessed April, 2015. 2. E stimate and projection of reduction of 96 million life years lost to cancer projects linear decline based on previous decade long change. Soerjomataram I, Lortet-Tieulent J, Parkin DM, et al. Global burden of cancer in 2008: a systematic analysis of disability-adjusted life-years in 12 world regions. Lancet 2012;380(9856):1840-1850. 3. E stimate and Projection of Reduction of 96 Million Life Years Lost to Cancer Projects Linear Decline Based on Previous Decade Long Change. Soerjomataram I., Lortet-Tieulent, J., Parkin, D, et al. Global Burden of Cancer in 2008: A Systematic Analysis of Disability-Adjusted Life-Years in 12 World Regions. Lancet. 2012;380(9856):1840-1850. 4. R amers-Verhoeven, C., Geipel, G., Howie, M. New Insights into Public Perceptions of Cancer. Ecancer. 2013. 7. doi: 10.3332/ecancer.2013.349. 5. Murphy KM and Topel RH. The Value of Health and Longevity. J Political Econ 2006: 114; 5; 871-904. 6. Adams D. Patients Today Want To Be More Involved In Care. American Medical News. Published October 22, 2007. Available at: http://www.amednews.com/article/20071022/profession/310229955/7/. Accessed April, 2015. 7. R amers-Verhoeven C, Geipel G, and Howie M. New Insights into Public Perceptions of Cancer. Published online September 10, 2013. Available at: http://www.ncbi.nlm.nih.gov/pmc/articles/PMC3766630/. Accessed April, 2015. 8. Milken Institute. The Global Biomedical Industry: Preserving U.S. Leadership. Published September 22, 2011. Available at: http://www.milkeninstitute.org/publications/view/476. Accessed April, 2015. 9. Celgene data on file. 10. Hide G. History of Sleeping Sickness in East Africa. Clin Microbiol Rev. 1999; 12(1):112-125. 11. D rugs for Neglected Diseases Initiative. Chagas Disease Global View. Available at: http://www.dndi.org/diseases-projects/diseases/chagas.html. Accessed April, 2015. 12 Drugs for Neglected Diseases Initiative. Leishmaniasis Global View. Available at: http://www.dndi.org/diseases-projects/diseases/vl.html. Accessed April, 2015. 13 Project Data Sphere. Available at https://www.projectdatasphere.org/projectdatasphere/html/home.html. Accessed April, 2015. 14 N ational Cancer Institute, Surveillance, Epidemiology, and End Results (SEER) Program. SEER Cancer Statistics Review, 1975–2011. Table 2.8, All Cancer Sites (Invasive), 5-Year Relative and Period Survival (Percent) by Race, Sex, Diagnosis Year and Age. Available at http://seer.cancer.gov/csr/1975_2011/results_single/sect_02_table.08.pdf. Accessed October, 2014. 15. De Moor J, Mariotto A, Parry C, et al. Cancer Survivors in the United States: Prevalence across the Survivorship Trajectory and Implications for Care. Cancer Epidemiol Biomarkers Prev 2013; 22: 561. 16. N ational Cancer Institute. Surveillance Epidemiology and End Results (SEER). Available at http://seer.cancer.gov/archive/csr/1975_2010. Accessed April, 2015. 17. S tewart, B.W., Wild, C.P., editors (2014). World Cancer Report 2014. Lyon, France: International Agency for Research on Cancer. 18. World Cancer Research Fund International. Worldwide Data. Available at: http://www.wcrf.org/int/cancer-facts-figures/worldwide-data. Accessed April, 2015. 19. K handelwal, N., Dunacan, I., Ahmed, T., et al. Impact of Clinical Oral Chemotherapy Program on Wastage and Hospitalizations. J Oncol Prac 2011; 7(3s):e25s-e29s. 20. Continuous Lenalidomide and Low-dose Dexamethasone Demonstrates a Significant PFS and OS Advantage in Transplant Ineligible NDMM Patients—The FIRST: MM020/IFM0701 Trial. Available at http://web.oncoletter.ch/files/cto_layout/Kongressdateien/WCLC13/Facon%20New.pdf. Accessed April, 2015. 70 Five Pillars of Celgene Responsibility Celgene Responsibility, which incorporates Patients & Communities, Safety, Governance, Global Health, and Environment & Sustainability, defines who we are and ensures that we continue to provide and maximize opportunities for our patients, our partners, our employees and our planet. Patients & Communities: Developing products and providing support that make a positive impact on patients, communities and the world. Commitment to Safety: Pioneering the standard for patient and employee safety. Governance: Proactively implementing responsible business principles and practices. Global Health: Delivering our promise to put patients first through the pursuit of innovative solutions to healthcare challenges in low-income settings. Environment & Sustainability: Promoting environmentally responsible, safe and sustainable business practices in our day-to-day operations. Learn more: https://www.celgene.com/responsibility/ Celgene Corporation 86 Morris Avenue Summit, NJ 07901 +1-908-673-9000 Celgene International Switzerland—Boudry International Headquarters Route de Perreux 1 Boudry CH-2017 Switzerland +41 32 729 85 00 Twitter LinkedIn Google Plus YouTube Pinterest