That’s the first part. The second principle is matching the right therapeutic modality to a molecular mechanism of action. Today, there are many therapeutic options, or modalities, for us to choose from within BMS, based on decades of experience discovering and developing new medicines: small molecules, biotherapeutics, and cell therapies, to name just a few. We have accumulated significant expertise across many different approaches, but with so many options at our fingertips, choosing the right one is crucial. We must understand the appropriate treatment approach based on an understanding of the biological mechanism of disease, harnessing the power of our differentiated research platforms. Increasingly, our scientists are using AI to help us connect biological mechanisms to therapeutic strategies more precisely, supporting our goal of choosing the optimal modality from the start.
We also have to consider the specific patient population and manufacturing needs. Ultimately, we need to be intentional and thoughtful about which modality to apply against a type of disease so that we get the best possible results for patients.
And of course, we must ultimately take these medicines to patients at scale. That’s why the third principle focuses on bridging from research to development with a clear path to clinical proof of concept. We think carefully about showing early evidence that a medicine is working — through targeted patient selection, translational endpoints, and predictive diagnostics — so we can increase the probability of success before clinical development even begins. All of these factors help guide how we advance medicines across the R&D continuum.
These principles set the foundation for a research organization that’s unique. We have capabilities and platforms that are truly differentiating, particularly in the areas of targeted protein degradation, cell therapy and radiopharmaceutical therapeutics (RPTs). We’re also advancing additional innovative modalities, such as antibody-drug conjugates (ADCs), to further expand our impact. Additionally, we have amazing team members from all around the world with a passion to help patients prevail over serious diseases. When you stitch all of these together, we believe these factors will help us deliver transformative and high-quality medicines with an increased probability of success. And while these three principles provide the foundation for our research strategy, they’re part of a broader end-to-end framework, strengthened by technologies like AI that allow us to ask better questions, design better medicines, and get them to patients faster.
Q: The three differentiated platforms you mentioned — targeted protein degradation, cell therapy and RPTs — what is BMS doing in these spaces, and why are they so important?
A: Targeted protein degradation is one of the most promising and versatile platforms in our portfolio, and it encompasses a range of approaches — including CELMoD™ agents (also known as molecular glues), ligand-directed degraders (LDDs), and degrader-antibody conjugates (DACs).
Human cells constantly produce and recycle proteins, but when that process goes awry, it can lead to diseases like cancer or autoimmune conditions. Our protein degradation platform allows us to eliminate disease-driving proteins that were once considered undruggable, using a range of modalities that help target proteins for degradation. Beyond our two commercially available protein degrader medicines, we have multiple assets in registrational trials and early development, as well as a very robust discovery program, aided by computational sciences like artificial intelligence (AI) and machine learning.
For example, for prostate cancer, we have an asset that targets androgen receptors, which regulate the growth and development of the prostate. This is the first asset from our protein degradation platform to be studied in solid tumors, and the Phase 1 data validate the potential that this platform brings for patients beyond currently approved degraders for hematologic malignancies. Patients with metastatic prostate cancer have a five-year survival rate of just 32% — across our Research organization, we’re working to change that.