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1 Velcade is used to treat multiple myeloma, a type of blood cancer.
2 Both Kyprolis and Velcade are members of a class known as proteasome inhibitors.
3 Takeda acquired Velcade through its recent takeover of Boston-based Millennium Pharmaceuticals.
4 That drug is taken orally, unlike Velcade , which is administered intravenously.
5 The Food and Drug Administration approved Velcade for patients newly diagnosed with the blood cancer.
6 Analysts expected the FDA approval of Velcade as an initial therapy for the blood cancer.
7 The company had previously forecast 2007 Velcade sales growth of 20 percent.
8 Velcade is approved to treat patients with multiple myeloma who have received at least one prior therapy.
9 Velcade is currently co-promoted in the United States by Millennium and the J&J unit Ortho Biotech Inc.
10 Velcade is currently approved to treat patients with multiple myeloma who have received at least one prior therapy.
11 That may help the J&J drug become a second-line treatment, in combination with Velcade and dexamethasone, he said.
12 Velcade is currently approved to treat multiple myeloma in patients who have failed at least one prior therapy.
13 Velcade is currently approved to treat the blood cancer multiple myeloma in patients who have failed other treatments.
14 Millennium expects 2007 sales of Velcade of $240 million to $260 million.
15 Millennium believes Velcade has potential to deliver blockbuster-level sales of well above $1 billion in its current uses.
16 The ruling, which reversed a lower court, will allow Takeda to sell Velcade exclusively until the patent expires in 2022.
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