Cancer remains one of the world’s most formidable health challenges, responsible for millions of new diagnoses and tragic losses of life each year. However, we are living amid an era of unprecedented breakthroughs and innovations in cancer research, and more people are living longer with cancer than ever before. Further, advances initially studied in cancer are beginning to show promise and improve outcomes for patients with other serious diseases.
One of the most promising scientific advancements in recent years has been cell therapy, a key focus area at Bristol Myers Squibb, which is continuing to revolutionize the way we approach care: not just in the treatment of blood cancers, but—now on the horizon—certain autoimmune disorders, neuroscience and solid tumors.
Though the field of cell therapy is relatively new, as an industry we have packed incredible progress into the last two decades; from the first effective CAR T cells developed by researchers in 2002 to six FDA-approved cell therapies for blood cancers now on the market, with the number of patients treated numbering well into the tens of thousands. As the only company with two approved CAR T cell therapies with two distinct targets, BMS has assumed an important leadership role within the industry.
We are now leveraging our decades of pioneering expertise to think big, with the goal of one day reaching hundreds of thousands of patients with this potentially life-changing or life-saving treatment option. We understand that progress is a collective journey, shaped by the tireless contributions of researchers, healthcare professionals and partners, and together, we are confident and excited to pioneer this exciting field of cell therapy.
Overall, BMS has invested more than $14 billion in our cell therapy franchise to bring our in-market treatments to more patients in need while continuing to advance our robust research and development programs across several fronts.
Read on for how this investment is allowing us to make our patient-focused vision for the future a reality.