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…and can we pay for it? Patrick Cobb, M.D. Medical Director I, Patrick Cobb, MD, DO NOT have a financial interest/arrangement or affiliation with one or more organizations that could be perceived as a real or apparent conflict of interest in the context of the subject of this presentation. I, Patrick Cobb, MD, DO NOT anticipate discussing the unapproved/investigative use of a commercial product/device during this activity or presentation. “Diseases desperate grown By desperate appliance relieved. Or not at all.” Shakespeare Hamlet “Surgery is the ideal treatment. It separates the disease from the patient.” William Stewart Halsted Die magische Kugel “Cancer therapy is like beating the dog with a stick to get rid of his fleas.” Anna Deavere Smith Let Me Down Easy “In solving a problem of this sort, the grand thing is to be able to reason backwards. That is a very useful accomplishment, and a very easy one, but people do not practice it much.” Sherlock Holmes A Study in Scarlet Arthur Conan Doyle Barbara bradford $4,700 >$40,000 5% of NSCLC 9,000 patients/year 90% response rate 60% alive at 2 years 9% in control group $115,000 per year Melanoma with BRAF mutation V600E 60% of melanomas 13.6 months 9.7 months control $60,000 per year Billion $ 35 30 25 20 Cytotoxics Targeted 15 10 5 0 2002 2012 Total cancer spending 5% of healthcare 0.8% of US GDP Inpatient spending on cancer care 70% 60% 50% Percentage of total medical spending has not changed in 20 years 40% 30% 20% 10% 0% 1987 2005 Annual deaths per 100,000 Five year survival rates 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% 35 30 25 20 15 10 5 0 1975 2010 1975 2010 poo kilpoonib Kilpoonib Phase I: some responses in mutants, none in wild type Phase II: 90% response rate in mutants FDA grants approval in poo mutant colorectal cancer Colorectal cancer Wild type Mutants 140,000 cases of colorectal cancer 50,000 will develop metastatic disease 10% are mutants Cost to bring a drug to market: $2-5 Billion Drug price: 5,000 potential patients a year $100,000 per year $500,000,000 revenue Kilpoonib: $100,000 per year 90% response rate Only works in poo mutants 100 poo mutants 90 benefit Total cost: $10 million Cost per response: $111,000 Oxaliplatin $40,000 per year 30% response rate No specific target 100 patients 30 benefit Total cost: $4 million Cost per response: $133,000 Progress will continue Genetic research Protein expression control Role of pathologist critical Predictive models Target identification New drugs will be expensive Much higher response rates Specific subsets Cancer is a word, not a sentence. John Diamond