Onyx, Millennium, Ariad: Firms to Watch at Hematology Meeting

have led to cure rates as high as 90 percent for chronic myeloid leukemia and Hodgkin’s lymphoma, and a tripling of survival rates for myeloma, according to the Leukemia and Lymphoma Society. [An earlier version of this paragraph mistakenly said that Gleevec is a Roche drug. Xconomy regrets the error.]

“The patient population is so heterogenous” in blood cancers, Dixie Esseltine, vice president of global medical affairs for Millennium, told me. “We understand so much now at the molecular level and more so in the next ten years, that we are going to be able to have a much more refined approach to treatment, taking into account both the characteristics of their cancer and the side effects they might experience.”

Those side effects are one reason that Cambridge, MA, based-Millennium, a subsidiary of Takeda of Japan, is testing an oral proteasome inhibitor called MLN9708—often referred to in the myeloma community as “Velcade in a pill.” Velcade is delivered by injection and can cause nerve damage in some patients. Consequently, several companies, including Onyx, are developing oral proteasome inhibitors, but Millennium is furthest along, and will be presenting data from a Phase I/II study at ASH.

Shaji Kumar, lead investigator of the trial and a professor at the Mayo Clinic, told me that his goal with targeted therapies going forward is to make them both safer and more convenient for patients. Next year Millennium will test MLN9708 in Phase II and Phase III studies in combination with other types of myeloma therapies already approved.

Other drugs to watch at ASH:

—Onyx will be presenting very early clinical trial data on its own oral proteasome inhibitor, ONX 0912, as well as a number of studies evaluating the safety and efficacy of carfilzomib in various patient settings. Those results are important because

Author: Catherine Arnst

Catherine Arnst is an award- winning writer and editor specializing in science and medicine. Catherine was Senior Writer for medicine at BusinessWeek for 13 years, where she wrote numerous cover stories and wrote extensively for the magazine’s website, including contributing to two blogs. She followed a broad range of issues affecting medicine and health and held primary responsibility for covering the battle in Washington over health care reform. Catherine has also written for the Boston Globe, U.S. News & World Report and The Daily Beast, and was Director of Content Development for the health practice at Edelman Public Relations for two years. Prior to joining BusinessWeek she was the London-based European Science Correspondent for Reuters News Service. She won the 2004 Business Journalist of the Year award from London’s World Leadership Forum, and in 2003 was the first recipient of the ACE Reporter Award from the European School of Oncology for her five-year body of work on cancer. She holds a bachelor’s degree in journalism from Boston University.