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UCB SA - BNP Paribas Fortis

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that remission is possible with no dose escalation. Cimzia® is also widely reimbursed by insurance<br />

companies in the U.S.. In the EU, the Committee of Medicinal Products for Human Use (“CHMP”)<br />

rejected the appeal by the Issuer against the CHMP’s refusal of marketing authorisation for Cimzia® in<br />

the treatment of patients with Crohn’s disease in March 2008, and this indication has not been pursued<br />

further.<br />

Cimzia® is also now indicated for rheumatoid arthritis, having been filed with the FDA in February<br />

2008 and in the EU in July 2008. In January 2009 the Issuer received a Complete Response Letter from<br />

the FDA, requesting an additional safety update. In February 2009 the Issuer met with the FDA to<br />

clarify their questions, and provided the FDA with further data. The FDA approved the application, and<br />

the use of Cimzia® in rheumatoid arthritis was launched in the U.S. in May 2009. Since launch in the<br />

U.S., Cimzia® sales representatives have achieved a high reach and frequency with prescribing<br />

rheumatologists, and Cimzia® received a positive market acceptance with steadily increasing usage. A<br />

CHMP positive opinion in Europe for the use of Cimzia® in rheumatoid arthritis was received in June<br />

2009; as at the date of this Prospectus, EU marketing authorisation for Cimzia® is anticipated within<br />

three months, and Cimzia® should be launched in the EU by the end of 2009. In June 2008, <strong>UCB</strong> and<br />

Otsuka Pharmaceuticals announced a co-promotion and co-development agreement whereby the parties<br />

will collaborate in relation to the clinical trials and filing of Cimzia® in Japan. Clinical trials for the<br />

rheumatoid arthritis indication have commenced and first results are anticipated in 2011.<br />

Cimzia® is marketed both by the Issuer itself and by a number of third parties which have entered into<br />

arrangements with <strong>UCB</strong> whereby they market and distribute Cimzia® in specific geographic areas, and<br />

receive royalties from the product sales. Such royalties in total amount to approximately 10 per cent. of<br />

the total sales revenues relating to Cimzia®.<br />

Product Pipeline<br />

A number of indications are being developed for Cimzia®, including Phase III trials in psoriatic arthritis<br />

and ankylosing spondilytis. A clinical study for juvenile rheumatoid arthritis is being planned for the<br />

second half of 2010, and further studies of monotherapy use or use of the product in conjunction with<br />

methotrexate are ongoing in Japan, with results expected in 2011. An induction study for Crohn’s<br />

disease is ongoing with results due in the first part of 2010.<br />

Epratuzumab, licensed from Immunomedics Inc., is in development for the treatment of systemic lupus<br />

erythematosus, a chronic autoimmune disease in which the immune system attacks cells and tissues in<br />

the body, resulting in inflammation and tissue damage. The course of the disease is highly variable and<br />

may flare up sporadically. The cause is unknown, and November 2008 marked 50 years without a new<br />

approved treatment for the condition. The top line results from Phase IIb testing were positive,<br />

published in August 2009.<br />

<strong>UCB</strong> is also developing products for the treatment of osteoporosis, a disease characterised by low bone<br />

mass and structural deterioration of bone tissue leading to bone fragility and increased susceptibility to<br />

fractures. Current therapies slow the deterioration but do not restore or improve the quality of bone.<br />

Similarly, fracture healing is a widely-experienced process where the body facilitates the healing of the<br />

bone, usually taking two to three weeks in the upper body and four weeks in the lower body, depending<br />

on the injury. <strong>UCB</strong> intends to meet a perceived need to accelerate this process with the development of<br />

CDP7851, for which Phase II Studies have commenced with results expected in 2012. <strong>UCB</strong> is<br />

collaborating with Amgen Inc. on the global development of CDP7851 and the companies have<br />

previously presented results of pre-clinical studies.<br />

A11250830/2.25/23 Oct 2009 61

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