375:) to the FDA for Velcade for previously untreated multiple myeloma. The sNDA submitted to the FDA for this indication included data from the Phase III VISTA study, a large, well-controlled international clinical trial, comparing a Velcade-based regimen to a traditional standard of care. Priority review was granted by the FDA in January 2008. On June 20, 2008, the FDA approved VELCADE in combination for patients with previously untreated multiple myeloma. This means that Millennium can market Velcade to patients who have not had any prior therapies for multiple myeloma (a first-line therapy).
33:
329:(alemtuzumab) Injection, and additional investigational drugs in clinical trials. In 2000, a merger with Cambridge Discovery Chemistry gave Millennium a strong presence in the United Kingdom and added to the organization more than 100 scientists with expertise in chemistry. In a strategic business decision, Campath was later sold to the Millennium partner for the drug, ILEX Oncology, which in turn was acquired by
506:
Velcade is the first oncology drug marketed and promoted by
Millennium. Velcade was granted FDA approval little more than four and a half years after initiation of the first clinical trial. To discover and develop such treatments, the Company focuses on key molecular pathways that play crucial roles
336:
In
February 2002, there was a further merger with COR Therapeutics—among the largest such mergers in the history of the biotech industry at that time. In addition to creating a strong pipeline of novel therapeutics, the merger added cardiovascular research and drug development to the company's other
522:
of
Velcade in the U.S. and Janssen-Cilag is responsible for commercialization in Europe and the rest of the world. Janssen Pharmaceutical K.K. is responsible for commercialization in Japan. For a limited period of time, Takeda and Ortho Biotech. are co- promoting Velcade in the U.S. Approved in 85
321:
Millennium was founded by Mark J. Levin, CEO, in
Cambridge, Massachusetts in 1993. In its early years, Millennium focused on building science and business teams. Beginning in 1994, Millennium created more than 20 strategic alliances with pharmaceutical and biotechnology companies. These alliances
378:
In May 2008, Takeda
Pharmaceutical Company Limited purchased Millennium for $ 8.8 billion. Millennium was operating as an independent subsidiary, serving as the global center of excellence in oncology under its new name: "Millennium: The Takeda Oncology Company". This global footprint includes
386:
In
October 2023, Takeda began the process of withdrawing its drug, Exkivity in the United States after ending a trial for the drug early due to failure in the late-stage study. Exkivity is a drug for adults with non-small cell lung cancer. The FDA granted approval for the trial in 2021.
308:
On May 14, 2008, Japanese company Takeda
Pharmaceutical announced the completion of its acquisition of Millennium for US$ 25.00 per share in cash—a deal worth $ 8.8 billion. Takeda completed the acquisition through a tender offer and subsequent merger as a wholly owned subsidiary
285:
to develop a line of new product candidates. It was one of the first companies to systematically search for genes linked to disease, although none of the drugs which it is marketing or has in clinical trial, with one partial exception, have been the results of that research.
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oncology research and marketing strategy and oversight. In addition to
Cambridge, MA, oncology resources include facilities in San Diego, San Francisco, Tsukuba and Osaka with Millennium as the global hub for this critical and rapidly expanding therapeutic area.
382:
In 2014, Takeda dropped the "Millennium" brand; effectively renaming the subsidiary into Takeda
Oncology. However, Millennium Pharmaceuticals Inc is still a legal holding of Takeda and its name is still used for on-going legal processes.
912:
511:. Takeda Oncology applies this approach broadly throughout its R&D program to develop novel treatments not just for cancer but also for a number of other important diseases.
364:(FDA) granted approval for the treatment of multiple myeloma for patients who had not responded to at least two other therapies for the disease. Velcade — the first FDA-approved
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on the development and marketing of
Integrilin until 2005 when Millennium licensed the exclusive U.S. commercialization and development rights of Integrilin to Schering-Plough.
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Seattle Genetics is responsible for commercialization of ADCETRIS in the United States, and Takeda Oncology is responsible in Europe and the rest of the world.
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Velcade is indicated for the front-line treatment of multiple myeloma and for patients with mantle cell lymphoma who have received at least 1 prior therapy.
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inhibitor — reached the market in record time and represented the first treatment in more than a decade to be approved for patients with multiple myeloma.
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Mifamurtide is a drug against osteosarcoma, a kind of bone cancer mainly affecting children and young adults, which is lethal in about a third of cases.
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provided Millennium with close to $ 2 billion of committed funding that was used to develop and enhance its pipeline.
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Adcetris is an antibody-drug conjugate approved to treat anaplastic large cell lymphoma (ALCL) and Hodgkin lymphoma.
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in underlying disease processes, and on identifying therapeutically significant differences that may exist among
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Family of Companies, are responsible for commercialization of VELCADE in Europe and the rest of the world.
740:"VELCADE as Initial Standard Therapy in multiple myeloma: Assessment with melphalan and prednisone"
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In late December 2007, Millennium successfully submitted a supplemental new drug application (
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key therapeutic areas: oncology and inflammation. The merger also brought Integrilin (
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A merger with Leukosite in 1999 brought the company its first drug close-to-market,
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In May 2003 Velcade was launched for the treatment of relapsed and refractory
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countries, at least 85,000 patients have been treated with Velcade globally.
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Pharmaceutical Research & Development. Takeda is responsible for
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The first oral proteasome inhibitor to treat multiple myeloma
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Velcade was co-developed by Millennium Pharmaceuticals. and
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by the U.S. FDA, but has a growing clinical development
690:"Schering-Plough buys Millennium's stake in heart drug"
666:"Millennium Pharmaceuticals Acquires Cor Therapeutics"
349:, into the Millennium fold. Millennium partnered with
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716:"UNITED STATES SECURITIES AND EXCHANGE COMMISSION"
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813:"Takeda will finally drop the name 'Millennium'"
986:Pharmaceutical companies of the United States
991:Health care companies based in Massachusetts
981:Biotechnology companies of the United States
976:Pharmaceutical companies established in 1993
996:Companies based in Cambridge, Massachusetts
971:Biotechnology companies established in 1993
360:– a cancer of the blood. At the time, the
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762:"The New Science Behind Medical Investing"
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311:Millennium: The Takeda Oncology Company
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572:"Millennium mergers bring pipeline"
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545:"Shift Seen Atop Takeda Oncology"
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892:"FDA Approves VELCADE"
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264:Takeda Pharmaceutical
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