A Company For The Future
Today, we are well positioned as a company because of the strength of our current business. We have an unprecedented opportunity with eight potential commercial launches and significant lifecycle management opportunities for each of those medicines.
In the medium and long term, we have a deep and diverse pipeline that will drive future innovative medicines.
In oncology, our scientists are targeting different immune system pathways to address interactions between tumors, the microenvironment and the immune system to help more patients respond to treatment. Combining these approaches is key to delivering new options for cancer treatment and addressing the growing issue of resistance to immunotherapy.
At the 2019 American Society of Hematology (ASH) Annual Meeting, our first medical congress as a new company, we demonstrated the strength of our hematology pipeline with data across 85 abstracts, including 26 oral presentations and one of only six late-breaking presentations. This shows how much we can accomplish for blood cancer patients.
We continue to make significant progress in advancing our pipeline, which also includes clinical programs in immunology, fibrosis and cardiovascular disease. Registrational trials for our selective TYK2 inhibitor for the treatment of moderate to severe plaque psoriasis are well underway. Our Phase 2b trial for our lead fibrosis compound, FGF21, for the treatment of nonalcoholic steatohepatitis (NASH), is also progressing. We are enrolling patients in Phase 2 trials of our Factor XIa inhibitor for secondary stroke prevention and VTE prevention, in collaboration with Janssen Pharmaceuticals, and our research in heart failure is progressing. With the acquisition of Celgene we have added early discovery capabilities in neuroscience to our research teams and look forward to advancing this science.
Tomorrow’s medicines will come from our internal innovations as well as the rich ecosystem of scientific innovation that exists outside our company. We have the financial flexibility to continue to invest in our internal capabilities as well as to support investment in external innovation.
These are exciting times for us, and our achievements in 2019 have set the stage for sustained success. I am honored to lead such a great company and work with brilliant, passionate and dedicated colleagues. Our patients remind us every day of the urgency of our mission.
Thank you.
Giovanni Caforio, M.D.
Chairman of the Board and Chief Executive Officer
March 10, 2020