Telaprevir 
                  Combo Works for HCV Patients with Prior Unsuccessful Treatment
                
                   
                    | SUMMARY: 
                      The REALIZE study showed that adding telaprevir to standard 
                      hepatitis C therapy increased sustained response rates for 
                      people with previous unsuccessful treatment attempts, researchers 
                      reported this week at EASL 2011. | 
                
                Vertex's 
                  lead investigational hepatitis C virus (HCV) protease inhibitor, 
                  telaprevir, 
                  is currently undergoing review by the U.S. Food and Drug Administration 
                  (FDA), along with Merck's protease inhibitor boceprevir.
                Direct-acting 
                  anti-HCV drugs will bring about a new paradigm in treatment 
                  for chronic hepatitis C, especially 
                  for hard-to-treat patients with HCV genotype 1 who did not achieve 
                  a sustained virological response (SVR), or cure, with a prior 
                  course of standard therapy consisting of pegylated 
                  interferon plus ribavirin.
                At 
                  the European Association for the Study of the Liver's International 
                  Liver Congress (EASL 2011) this week 
                  in Berlin, researchers presented final results from a Phase 
                  3 study of telaprevir plus pegylated interferon/ribavirin in 
                  treatment-experienced patients, including "null responders" 
                  who showed little or no decrease in HCV viral load, partial 
                  responders, and relapsers who experienced initial viral suppression 
                  but their HCV bounced back after the end of therapy.
                Below 
                  is an edited excerpt from a press release issued by telaprevir 
                  developer Vertex describe the REALIZE study and its findings.
                 
                  Results From Phase 3 REALIZE Study 
                  Showed Telaprevir-Based Therapy Significantly Improved SVR (Viral 
                  Cure) Rates in People Whose Prior Treatment For Hepatitis C 
                  Was Unsuccessful
                
                   
                    |  | All 
                      major subgroups achieved significantly higher viral cure 
                      rates with telaprevir-based therapy compared to pegylated 
                      interferon and ribavirin: 86% vs. 24% in prior relapsers, 
                      57% vs. 15% in prior partial responders and 31% vs. 5% in 
                      prior null responders. | 
                   
                    |  | No 
                      clinical benefit was observed in delaying telaprevir therapy 
                      by four weeks (lead-in) compared to starting telaprevir, 
                      pegylated-interferon and ribavirin simultaneously. | 
                   
                    |  | Safety and tolerability results were consistent with prior 
                      Phase 3 studies of telaprevir. | 
                
                Berlin 
                  -- March 31, 2011 -- Vertex Pharmaceuticals Incorporated (Nasdaq: 
                  VRTX) today announced final results from its pivotal Phase 3 
                  REALIZE study that evaluated people with genotype 1 chronic 
                  hepatitis C whose prior treatment with pegylated-interferon 
                  and ribavirin was unsuccessful either because they relapsed, 
                  had a partial response or had a null response. Data from the 
                  study showed that people in each of these subgroups who were 
                  treated with telaprevir-based combination therapy achieved superior 
                  rates of sustained viral response (SVR, or viral cure) compared 
                  to those treated with pegylated interferon and ribavirin alone. 
                  
                  
                  REALIZE also evaluated whether viral cure rates could be further 
                  improved by delaying the start of telaprevir by four weeks, 
                  during which time patients received four weeks of pegylated-interferon 
                  and ribavirin alone (lead-in), compared to a simultaneous start. 
                  The data showed no clinical benefit to a lead-in for people 
                  treated with telaprevir-based combination therapy. Safety and 
                  tolerability results were consistent with results from the prior 
                  Phase 3 studies of telaprevir. These data were presented today 
                  at The International Liver Congress 2011, 46th annual meeting 
                  of the European Association for the Study of the Liver (EASL) 
                  in Berlin, Germany. REALIZE was conducted by Vertex's collaborator, 
                  Tibotec BVBA. 
                  
                  "Patients with chronic hepatitis C who undergo re-treatment 
                  with currently available medicines rarely achieve a viral cure 
                  and remain at an increased risk for advancing to more serious 
                  liver disease," said Stefan Zeuzem, MD, Professor of Medicine 
                  and Chief of the Department of Medicine at the JW Goethe University 
                  Hospital, Frankfurt, Germany and principal investigator for 
                  REALIZE. "These data are important because they showed 
                  that viral cure rates were three to six times higher for patients 
                  treated with a telaprevir-based regimen compared to re-treatment 
                  with currently available medicines." 
                  
                  Among those in the simultaneous start arm of REALIZE, 83 percent 
                  (121/145) of prior relapsers, 59 percent (29/49) of prior partial 
                  responders and 29 percent (21/72) of null responders achieved 
                  viral cures compared to 24 percent (16/68), 15 percent (4/27) 
                  and 5 percent (2/37), respectively, who received pegylated interferon 
                  and ribavirin. The viral cure rates among those in the lead-in 
                  arm were 88 percent (124/141) among prior relapsers, 54 percent 
                  (26/48) among prior partial responders and 33 percent (25/75) 
                  among prior null responders. In a combined endpoint analysis 
                  of the two telaprevir-based treatment arms, 86 percent (245/286) 
                  of prior relapsers, 57 percent (55/97) of prior partial responders 
                  and 31 percent (46/147) of prior null responders achieved viral 
                  cures. 
                  
                  "The REALIZE results are encouraging, especially considering 
                  people in this study had been unsuccessfully treated in the 
                  past and many already had scarring of the liver," said 
                  Robert Kauffman, MD, PhD, Senior Vice President and Chief Medical 
                  Officer for Vertex. "Rates of viral cure among those treated 
                  with telaprevir-based regimens were similar between the simultaneous 
                  and delayed start arms of the study, supporting the conclusion 
                  that there was no clinical benefit to a lead-in strategy with 
                  telaprevir." 
                  
                  In this study, 48 percent (316/662) of patients overall had 
                  advanced liver fibrosis or cirrhosis (scarring of the liver) 
                  and 89 percent (586/662) of patients overall had high amounts 
                  of hepatitis C virus (high viral load; HCV RNA ? 800,000 IU/mL) 
                  upon study entry. 
                  
                  Summary 
                  of REALIZE Results 
                  
                  REALIZE is the only Phase 3 hepatitis C study to date of a direct-acting 
                  antiviral medicine in development that was designed to evaluate 
                  people whose prior treatment was unsuccessful, including those 
                  who had a null response. [Editor's note: Merck's RESPOND-2 
                  study tested boceprevir in prior non-responders and relapsers.] 
                  
                  
                  In this study, patients were randomized 2:2:1 to two telaprevir-based 
                  treatment arms (simultaneous or lead-in) or a control arm of 
                  48 weeks of pegylated interferon and ribavirin alone. Patients 
                  in the telaprevir treatment arms received a total of 12 weeks 
                  of telaprevir-based combination therapy. In the lead-in arm, 
                  patients received four weeks of pegylated interferon and ribavirin 
                  followed by telaprevir in combination with pegylated interferon 
                  and ribavirin for 12 weeks followed by 32 weeks of pegylated 
                  interferon and ribavirin alone. For those in the simultaneous 
                  start arm, the telaprevir-based combination was followed by 
                  an additional 36 weeks of pegylated-interferon and ribavirin 
                  alone. The primary endpoint of the REALIZE study was SVR in 
                  each of the two telaprevir treatment arms compared to the control 
                  arm and for the three groups of people included in the study. 
                  The total treatment time for all patients in REALIZE was 48 
                  weeks. 
                  
                
                   
                    | REALIZE | 
                   
                    | SVR 
                      Results % (n) | Prior 
                        Relapsers (n=354)*
 | Prior 
                        Partial Responders (n=124)*
 | Prior 
                        Null Responders (n=184)*
 | 
                   
                    | TVR-based Simultaneous Start Arm+
 
 | 83% 
                        (121/145)
 | 59% 
                        (29/49)
 | 29% 
                        (21/72)
 | 
                   
                    | TVR-based Lead-In Arm++
 
 | 88% 
                        (124/141)
 | 54% 
                        (26/48)
 | 33% 
                        (25/75)
 | 
                   
                    | Control 
                      Arm+++ | 24% 
                        (16/68)
 | 15% 
                        (4/27)
 | 5% 
                        (2/37)
 | 
                   
                    | [TVR 
                      = telaprevir; q8h = every 8 hours] *The 
                        SVR rates observed were statistically significant when 
                        compared with the control arm (p <0.001). 
 +Simultaneous start: 12 weeks of telaprevir (750 mg, q8h), 
                        Pegasys (PEG, pegylated-interferon alfa-2a) & Copegus 
                        (RBV, ribavirin), followed by 36 weeks of PEG & RBV 
                        alone.
 
 ++Lead-in: 4 weeks of PEG & RBV alone followed by 
                        12 weeks of telaprevir (750 mg, q8h), PEG & RBV, followed 
                        by 32 weeks of PEG & RBV alone. There was no clinical 
                        benefit with the use of a four-week lead in with no significant 
                        improvement in SVR rates and no significant reduction 
                        in virologic failure and relapse rates in the lead-in 
                        start arm compared to the simultaneous start arm.
 
 +++Control: 12 weeks of placebo, PEG & RBV, followed 
                        by 36 weeks of Peg & RBV alone.
 | 
                   
                    | Prior 
                      Relapser: Defined as a person whose hepatitis C virus was 
                      undetectable at the completion of at least 42 weeks of a 
                      prior course of therapy but whose virus became detectable 
                      during the follow-up period. 
 Prior Partial Responder: Defined as a person who achieved 
                      at least a 2 log10 reduction in HCV RNA at week 12, but 
                      whose hepatitis C virus never became undetectable by week 
                      24 of a prior course of therapy.
 
 Prior Null Responder: Defined as a person who achieved a 
                      less than 2 log10 reduction in HCV RNA at week 12 of a prior 
                      course of therapy.
 | 
                
                Safety 
                  and Tolerability Information for the Phase 3 Studies of Telaprevir 
                  
                  
                  The safety and tolerability results of the telaprevir-based 
                  combination regimens were consistent across the Phase 3 studies. 
                  The most common adverse events were fatigue, pruritis [itching], 
                  nausea, headache, rash, anemia, flu-like symptoms, insomnia 
                  and diarrhea with the majority being mild to moderate. Rash 
                  and anemia occurred more frequently in the telaprevir-based 
                  treatment arms compared to the control group. 
                  
                  Rash was primarily characterized as eczema-like, manageable 
                  and resolved upon stopping telaprevir. More than 90 percent 
                  of rash was mild to moderate and primarily managed with the 
                  use of topical corticosteroids and/or antihistamines. Anemia 
                  was primarily managed by reducing the dose of ribavirin. 
                  
                  To optimize each patient's opportunity to achieve viral cure 
                  in the Phase 3 studies, sequential discontinuation of the medicines 
                  was recommended as a strategy to manage certain adverse events. 
                  This strategy allowed patients to continue on pegylated-interferon 
                  and ribavirin after stopping telaprevir. Discontinuation of 
                  all medicines due to either rash or anemia during the telaprevir/placebo 
                  treatment phase was 1 percent to 3 percent in the telaprevir 
                  treatment arms. 
                  
                  About the Study 
                  
                  REALIZE was a pivotal Phase 3, randomized, double-blind, placebo-controlled, 
                  global study. The majority of clinical trial sites were in Europe. 
                  The study was designed to evaluate the efficacy, safety and 
                  tolerability of telaprevir-based combination regimens in people 
                  infected with genotype 1 chronic hepatitis C who did not achieve 
                  a viral cure after at least one course of prior treatment with 
                  interferon-based therapy. 
                  
                  Status of Telaprevir Regulatory Applications 
                  
                  The regulatory applications for the approval of telaprevir have 
                  been granted Priority Review by the U.S. Food and Drug Administration 
                  (FDA) and Health Canada and accelerated assessment by the European 
                  Medicines Agency for the treatment of people with genotype 1 
                  chronic hepatitis C. The FDA has scheduled its Antiviral Drugs 
                  Advisory Committee to discuss the New Drug Application for telaprevir 
                  on April 28, 2011. A target response date of May 23, 2011 is 
                  set under the Prescription Drug User Fee Act (PDUFA). The applications 
                  include data from three registration studies, ADVANCE, ILLUMINATE 
                  and REALIZE, which evaluated telaprevir in combination with 
                  pegylated-interferon and ribavirin in people with hepatitis 
                  C who were new to treatment as well as those who did not achieve 
                  a viral cure after treatment with currently available medicines. 
                  For complete information on the telaprevir clinical trials or 
                  a fact sheet on the trial designs visit: www.vrtx.com/press.cfm. 
                  
                  
                  About the Telaprevir Development Program 
                  
                  Telaprevir is an investigational, oral inhibitor that acts directly 
                  on the HCV protease, an enzyme essential for viral replication. 
                  To date, more than 2,500 people with hepatitis C have received 
                  telaprevir-based therapy as part of Phase 2 studies and the 
                  Phase 3 ADVANCE, ILLUMINATE and REALIZE studies. Together, these 
                  studies enrolled people with genotype 1 chronic hepatitis C 
                  who had not been treated for their disease previously as well 
                  as people who had been treated before but did not achieve a 
                  viral cure. 
                  
                  Vertex is developing telaprevir in collaboration with Tibotec 
                  BVBA and Mitsubishi Tanabe Pharma. Vertex has rights to commercialize 
                  telaprevir in North America. Through its affiliate, Janssen, 
                  Tibotec has rights to commercialize telaprevir in Europe, South 
                  America, Australia, the Middle East and certain other countries. 
                  Mitsubishi Tanabe Pharma has rights to commercialize telaprevir 
                  in Japan and certain Far East countries. 
                  
                  About Vertex 
                  
                   Vertex 
                  creates new possibilities in medicine. Our team aims to discover, 
                  develop and commercialize innovative therapies so people with 
                  serious diseases can lead better lives.
Vertex 
                  creates new possibilities in medicine. Our team aims to discover, 
                  develop and commercialize innovative therapies so people with 
                  serious diseases can lead better lives. 
                  
                  Vertex scientists and our collaborators are working on new medicines 
                  to cure or significantly advance the treatment of hepatitis 
                  C, cystic fibrosis, epilepsy and other life-threatening diseases. 
                  
                  
                  Founded more than 20 years ago in Cambridge, MA, we now have 
                  ongoing worldwide research programs and sites in the U.S., U.K. 
                  and Canada. 
                  
                  For more information and to view Vertex's press releases, please 
                  visit www.vrtx.com. 
                  
                  4/1/11
                Source
                  Vertex 
                  Pharmaceuticals. Results From Phase 3 REALIZE Study Showed Telaprevir-Based 
                  Therapy Significantly Improved SVR (Viral Cure) Rates in People 
                  Whose Prior Treatment For Hepatitis C Was Unsuccessful. Press 
                  release. March 31, 2011.