THE ACTELION ANNUAL REPORT 2003
1997
December 1997
  • Recognizing the potential of the Endothelin Receptor Antagonist (ERA) bosentan (Tracleer®), the discovery team founds Actelion

1998
  • Actelion research laboratories established in Allschwil, Switzerland

1999
September 1999
  • Actelion starts investigations in patients with pulmonary arterial hypertension (PAH) with Tracleer®

2000
February 2000
  • Actelion and Genentech sign licensing agreement for Veletri™ (tezosentan) in the US
  • Actelion subsidiaries opened in US and Europe
April 2000
  • Initial Public Offering (IPO); Actelion Ltd shares listed on the SWX New Market
November 2000
  • New Drug Application (NDA) for Tracleer® in PAH is submitted to the US Food and Drug Administration
  • Start of the RITZ study program, investigating Veletri™ in acute heart failure

2001
January 2001
  • Canadian subsidiary opened
  • Marketing application for Tracleer® is submitted to the European Medicines Evaluation Agency (EMEA). The same month, the European Commission grants Tracleer® orphan drug status
  • Australian authorities grant Tracleer® orphan drug status
  • RITZ-2 clinical trial with Veletri™ successfully completed
April 2001
  • RITZ-1 clinical trials with Veletri™ completed without meeting primary endpoints
May 2001
  • BREATHE-1 study with Tracleer® in PAH successfully completed
  • Start of BREATHE-2 (Tracleer® in combination with epoprostenol in PAH patients) and BREATHE-3 (combination in children with PAH)
June 2001
  • Australian subsidiary opened
September 2001
  • Japanese subsidiary opened
November 2001
  • US FDA approves Tracleer® for the treatment of primary PAH and PAH related to scleroderma (WHO class III and IV)
  • Start of the clinical trial RAPIDS-1 investigating Tracleer® in digital ulceration secondary to scleroderma
December 2001
  • Tracleer® launch in the US and in Canada
  • Actelion grants commercial license to Neopharm to sell Tracleer® in Israel

2002
January 2002
  • ENABLE study, assessing Tracleer® inchronic heart failure, completed without meeting primary endpoints
February 2002
  • European Union’s Committee for Proprietary Medicinal Products (CPMP) recommends the approval of Tracleer® for the treatment of primary PAH and PAH secondary to scleroderma (WHO class III)
May 2002
  • European Commission grants marketing authorization for Tracleer® for treatment of PAH. Marketing authorization is valid for all 15 EU member states and is also recognized by Norway and Iceland
June 2002
  • Actelion starts to market Tracleer® tablets in Germany and the UK
  • BREATHE-3 study completed without meeting primary endpoints
  • Actelion holds its first “R&D Day” presenting its approach to drug discovery and its emerging drug pipeline
August 2002
  • Positive results in the first study of Tracleer® in scleroderma-related digital ulcerations (RAPIDS-1)
September 2002
  • Actelion listed in SWX Main Market (SWX: ATLN)
  • Dose-optimization study with Veletri™ successfully completed
October 2002
  • BREATHE-2 study successfully completed
  • Australia’s regulatory authority TGA recommends Tracleer® for the treatment of PAH in both adults and children
November 2002
  • Full enrollment of bridging study necessary to file for marketing approval of Tracleer® in PAH in Japan
  • European Commission approval for Zavesca® (miglustat) in type 1 Gaucher’s disease. Worldwide license agreement signed by Actelion and Oxford GlycoSciences Plc (OGS)

2003
January 2003
  • Tracleer® launch in Finland
  • Start of clinical trials phase I with the first urotensin II receptor antagonist (palosuran) in man
  • Initiation of Tracleer® study phase II in metastatic melanoma
  • Tracleer® launch in Spain
February 2003
  • Tracleer® launch in The Netherlands
March 2003
  • Actelion starts launch of Zavesca® in the European Union
April 2003
  • Actelion files New Drug Application for Tracleer® in Japan
  • American Thoracic Society publishes abstract on positive long-term data with Tracleer® in patients with PPH
May 2003
  • Tracleer® launch in Denmark
June 2003
  • Zavesca® approved in Israel
  • Collaboration with Discovery Partners International starts
  • Actelion and Axovan AG enter research collaboration
August 2003
  • Zavesca® approved by the US FDA
  • Start of trials phase II/III with Tracleer® in interstitial lung disease (BUILD-1 & -2)
September 2003
  • Results of Tracleer® in HIV patients with PAH presented at the ESC
  • Actelion acquires Axovan AG
October 2003
  • Actelion strengthens its finances by issuing a convertible bond
  • Actelion presents research and development results in London and New York
  • Start of clinical trial phase III with Tracleer® in digital ulcers (RAPIDS-2)
November 2003
  • The construction of the Actelion Research Center is initiated in Allschwil
  • Start of clinical trials phase II with palosuran in chronic renal failure
December 2003
  • Actelion and Merck join forces in renin inhibitor project
  • Tracleer® achieves reimbursement status in Australia
  • Limited commercial launch of Tracleer® in Taiwan

2004
2004
  • Zavesca® available for prescription in the US
  • Actelion sells its stake in Hesperion to Cerep SA
  • Actelion wins “Innovation Prize 2004”
  • Actelion wins “James D. Watson Helix Award”
  • Start of Tracleer® commercialization in Australia
Further highlights expected in 2004
  • Tracleer® approval and launch in Japan
  • Futility analysis of Veletri™ in acute heart failure (VERITAS-1 & -2)
  • Results of Veletri™ trial phase II in hepatorenal syndrome
  • Results of Tracleer® trial phase II in metastatic melanoma
  • Start of clinical trial phase III with Tracleer® in PAH patients class II (EARLY)
  • Renin inhibitor alliance with Merck advances
  • Start of phase II/III program with clazosentan in subarachnoid hemorrhage