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PropThink: ARIAD Building an Oncology Business Around Discovery, Development, and Commercialization


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Copyright © Thomson Reuters 2012. All rights reserved.
2012-10-04 15:10:05 -

In an exclusive PropThink interview with ARIAD Pharmaceuticals (NASDAQ:ARIA),
CEO Harvey J. Berger discusses the company's lead product, ponatinib, a
potential treatment  for intolerant Chronic Myeloid Leukemia (CML) which was
submitted in full to the FDA for regulatory review in late September. Berger
explains that CML is an enormous market opportunity - upwards of $5 billion -
and that ponatinib has shown promising results as an important treatment option.
He discusses timeframes for an ongoing Phase III head-to-head trial of ponatinib
against Novartis' (NYSE:NVS) Gleevec, one of the primary CML treatments on the
market, and says that ponatinib is the first BCR-ABL inhibitor that blocks all
mutations and resistances in the protein. That trial, he says, may set the stage
for ponatinib to become a therapy for newly-diagnosed patients, and 
compete with drugs like Gleevec and Tasigna, both from Novartis, and Bristol-Myers Squibb's (NYSE:BMY) Sprycel. The interview also includes discussion of AP26113, ARIAD's early-stage drug for Non Small-Cell Lung Cancer (NSCLC). While existing treatments such as Pfizer's (NYSE:PFE) Xalkori ultimately fail at some point during treatment, Berger believes AP26113 will overcome those resistances and shortcomings. The drug's first clinical data was released in September, and Berger discusses the next step in development, a pivotal trial for the treatment. He also mentions the company's ambitious plan for product commercialization and the events that have driven ARIAD to become a $4 billion company. See Our Interview with ARIAD Pharmaceuticals by Clicking Here About PropThink PropThink is an intelligence service that delivers long and short trading ideas to investors in the healthcare and life sciences sectors. Our focus is on identifying and analyzing technically-complicated companies and equities that are grossly over or under-valued. We offer daily market coverage, weekly feature stories, and a newsletter to investors who subscribe on PropThink.com. To learn more, follow us on Twitter or visit us at www.propthink.com. This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: PropThink via Thomson Reuters ONE [HUG#1646348]


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