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EASD 2008 Highlights
  Investor Teleconference
        Sept 9, 2008



                                                      1
                            Not For Promotional Use
Comments will be about the Company’s future plans and
prospects that may be forward-looking statements under
the Private Securities Litigation Reform Act of 1995.
We caution that actual results may differ materially from
those indicated by these forward-looking statements as
a result of various important factors, including those
discussed in the Company’s most recent annual report on
Form 10-K, periodic reports on Form 10-Q and current
reports on Form 8-K. These documents are available from
the SEC, the Bristol-Myers Squibb web site or from
Bristol-Myers Squibb Investor Relations. While we may elect
to update forward-looking statements at some point in the
future, we specifically disclaim any obligation to do so,
even if our estimates change.



                                                                      2
                                            Not For Promotional Use
Diabetes: A Growing, Global Problem
                  Type 2 Diabetes prevalence expected to grow
                  from 190 million to 330 million by 2030


                                              Europe prevalence is
   Diabetes growing rapidly                    lower (~4.6%), but
       in U.S. – current                    increasing, especially in
     prevalence rate 6.7%                    the southern countries




               Mexico – highest              India and China will make up
              prevalence rates in                nearly 50% of the total
               the world: 12.4%                 number of patients with
                                                    diabetes in 2030

Source: WHO                                                                      3
                                                       Not For Promotional Use   3
Majority of Patients Are Not Optimally
Controlled

                                                              Percentage of patients not controlled,
                                                        100   by market (relative to HbA1c Target of 7.0%)
         60% of                                         80
                                                                      69
       US diabetic                                            64                             62
                                         Patients (%)
         patients                                                            58                        57
                                                        60
                                                                                     51
       do not know
       their A1c or                                     40
       FPG values
                                                        20


                                                         0

                                                                     UK     FR      GER     ITL       SPN
                                                              US



Source: Adelphi, 2006 Disease Specific
        Programmes, NHWS 2006
                                                                                                                    4
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The Progressive Nature of Type 2 Diabetes
   Ultimately Overwhelms Medications
                           Glycemic Control in an Illustrative Patient
                                                             Potential                         =
                                                                                        Slope 5
                                                            treatment
                                                                                             p er
                                                                                      0.75%
                                                              change
                                                                                           yrs.
              First
                                5yr s
              Agent
                                                                                    Goal*
   HbA1c




                                                                                   A1c=<7

                                                                                         Goal**
                                                                                        A1c=<6.5


                                                                                        Normal***
                                                                                         A1c=5%
                                                    ~30 Years
               There remains a need for new therapies
Sources: ADOPT, UKPDS
(*) According to the ADA; (**) according to the AACE/ACE;
(***) according to the NIH                                                                          5
                                                                         Not For Promotional Use
EASD 2008: Dapagliflozin
  Data on dapagliflozin was presented from the largest and longest
  (12 weeks) trial of an SGLT2 Renal Glucose Reabsorption Inhibitor
  to date. Results demonstrated that dapagliflozin:

       Induced controlled glucosuria

       Improved glycemic control
         – Reduced fasting glucose
         – Reduced postprandial glucose
         – Reduced HbA1c

       Lowered weight
       Showed little propensity to cause hypoglycemia
       Demonstrated no clear adverse safety or tolerability signals
       over 12 weeks

Phase 2 Study, EASD Sept 2008                                                   6
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Saxagliptin Overview

   Specifically designed to be a selective inhibitor
   with extended binding to the DPP-4 enzyme

   Completed Phase 3 registrational program

   New Drug Application officially filed by the FDA

   Marketing Authorization Application accepted for
   review by the EMEA




                                                                     7
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Patient Exposures Throughout
Saxagliptin Program
Phase 1 and 2
   ~110 subjects exposed to saxagliptin at 20-80x the
   5 mg dose for up to 6 weeks
   ~670 subjects exposed to saxagliptin at 2-10x the
   5 mg dose for up to 12 weeks

Phase 3
   ~1000 patients treated at 10 mg dose for up to 2 years
   >3000 patients treated at any dose in Phase 3




                                                                      8
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Saxagliptin Profile is Competitive
  Produced significant reductions in all key
  measures of glucose control in treatment naïve
  patients and patients treated with commonly
  used oral agents
  Generally well tolerated in clinical trials across
  all usage situations
   – Clinical correlates to the skin lesions in monkeys
     have not been identified in human clinical trials
     of saxagliptin

  Life cycle program underway

                                                                   9
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Saxagliptin Initial Combination with
 Metformin Design: EASD 2008
         1 Wk PBO                    24 Wks N=1306
         Lead-in
                                  PBO + MET IR (with titration)*†



      Treatment-Naïve T2D
                                  SAXA 10 mg + PBO†

                                                                         Superiority Test

      (HbA1C ≥8%-≤12%)
                                  SAXA 5 mg + MET IR (with titration)*†

                                                                        Superiority Test

                                  SAXA 10 mg + MET IR (with titration)*†

*MET IR titration: Forced titration from 500 mg to 1000 mg at wk 1, then elective titration at wks 2, 3, 4, and
5 to achieve mean fasting plasma glucose (FPG) <110 mg/dL (maximum MET 2000 mg total daily dose).
†Ifrescue criteria met in short term, add pioglitazone 15-45 mg o.d. and enter long-term phase; pioglitazone
rescue also available in long-term extension.

Phase 3 Study -039, EASD Sept 2008                                                                                10
                                                                                    Not For Promotional Use
HbA1C Adjusted Mean Changes from
  Baseline at Week 24*
                                                       Saxagliptin (mg)
                     Dose                5 + Met          10 + Met        10                Met
                       n=                  306              315           317               313
         Baseline mean (%)                 9.4               9.5          9.6               9.4
                           0.0


                          -0.5


                          -1.0
    Δ HbA1C (%)
    with 95% CI           -1.5

                                                                            -1.7
                          -2.0
                                                                                                  -2.0

                          -2.5
                                                               -2.5 †‡
                                             -2.5 †‡
                          -3.0
*LOCF=last observation carried forward
†P<.0001 vs Saxa 10 mg
‡P<.0001 vs Met

Phase 3 Study -039, EASD Sept 2008                                                                        11
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Patients Achieving Therapeutic Glycemic
  Response (HbA1C ≤6.5% and <7%) at Week 24*

                      60


    Patients
   Achieving  40
   Glycemic
 Response (%)
  with 95% CI
              20

                                 45.3† 60.3†    40.6‡ 59.7†    20.3   32.2          29.0   41.1

                                 ≤6.5% <7.0%    ≤6.5% <7.0%                         ≤6.5% <7.0%
                                                               ≤6.5% <7.0%
                        0
                              Saxa 5 mg        Saxa 10 mg     Saxa 10 mg               Met
                                + Met             + Met         n = 320              n = 314
                               n = 307           n = 315
*LOCF
†P<.0001 vs Saxa 10 mg and vs Met
‡P <.0001 vs Saxa 10 mg and P =.0026 vs Met

Phase 3 Study -039, EASD Sept 2008                                                                12
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HbA1C Adjusted Mean Change:
         Subgroup Analysis by Baseline HbA1C
Baseline HbA1C <8%                                                ≥8%-<9%                    ≥9%-<10%                        ≥10%
                          0.0

                          -0.5
Δ HbA1C (%) with 95% CI




                                               -0.5
                          -1.0
                                        -1.0
                                                      -1.0
                                 -1.1                                        -1.2
                          -1.5                                                      -1.4
                                                                                                       -1.5
                          -2.0                                 -1.9
                                                                      -2.0                                    -2.0
                          -2.5
                                                                                                                                   -2.5
                                                                                           -2.5 -2.5
                                                                                                                                          -2.7
                          -3.0

                                                                                                                       -3.3 -3.3
                          -3.5
                                          Saxagliptin + Met

                          -4.0             5 mg              10 mg       Saxa 10 mg           Met


Phase 3 Study -039, EASD Sept 2008                                                                                                               13
                                                                                                                 Not For Promotional Use
FPG Adjusted Mean Changes from
Baseline at Week 24*
                                              Saxagliptin (mg)
                         Dose   5 + Met           10 + Met        10                Met
                     n=           315               317           327               320
   Baseline mean (mg/dL)         198.9             204.3         200.9             199.1
                           0

                          -10

                          -20


   Δ FPG (mg/dL)          -30
                                                                       -31
    with 95% CI
                          -40

                          -50                                                             -47

                          -60
                                     -60 †‡
                                                       -62 † §
*LOCF
                          -70
†P<.0001 vs Saxa 10 mg
‡P=.0002 vs Met
§P<.0001 vs Met


Phase 3 Study -039, EASD Sept 2008                                                               14
                                                                       Not For Promotional Use
Most Common (≥5%) Reported
 Adverse Events
                             Saxa 5 mg     Saxa 10 mg    Saxa
                               + Met         + Met       10 mg             Met
                                n=320        n=323       n=335            n=328
 Total patients with
                              177 (55.3)   185 (57.3)   179 (53.4)     192 (58.5)
 at least 1 AE, n (%)

 Nasopharyngitis               22 (6.9)      8 (2.5)     14 (4.2)        13 (4.0)

 Headache                      24 (7.5)     32 (9.9)     21 (6.3)        17 (5.2)

 Diarrhea                      22 (6.9)     31 (9.6)     10 (3.0)        24 (7.3)

 Hypertension                  15 (4.7)     17 (5.3)     15 (4.5)        11 (3.4)




Phase 3 Study -039, EASD Sept 2008                                                    15
                                                            Not For Promotional Use
Conclusions
       Saxagliptin, given in combination with metformin as
       initial therapy, led to clinically relevant improvements
       that were significantly greater than either treatment
       alone across all key glycemic parameters studied
       including:
           – HbA1C
           – FPG
           – Proportion of patients with HbA1C <7%
           – PPG during OGTT

       Saxagliptin, given in combination with metformin as
       initial therapy, was well tolerated over the course of the
       study


Phase 3 Study -039, EASD Sept 2008                                           16
                                                   Not For Promotional Use
Saxagliptin Add-on TZD Study Design:
 EASD 2008
        2-Wk TZD +
        PBO Lead-in                                                                           12 Months LTE
                                       24 Wk (N=565)



                                     PBO + TZD*                                               PBO + TZD*
        Stable Dose
        TZD†‡ ≥12 Wk
                                                     Superiority
        T2D
                                    SAXA 5 mg o.d. + TZD*                                  SAXA 5 mg o.d. + TZD*


   HbA1c ≥7.0%–≤10.5%                                Superiority

                                                                                       SAXA 2.5 mg o.d. + TZD*
                                    SAXA 2.5 mg o.d. + TZD*




  *If rescue criteria met in short-term phase, add metformin 500–2500 mg total daily dose, and enter LTE phase; metformin rescue was
  also available in the LTE phase.
  †Stabledose of TZD defined as pio 30 or 45 mg total daily dose or rosi 4 or 8 mg total daily dose. TZD dose at entry fixed for
  duration of study.
  ‡If   determined to be medically appropriate, a switch from rosi to pio was permitted.



  [CSR Fig 3.1]
Phase 3 Study -013, EASD Sept 2008                                                                                                     17
                                                                                                          Not For Promotional Use
HbA1C Adjusted Mean Change from Baseline
 at Week 24 (LOCF)
                             Saxagliptin (mg) + TZD
               Dose             2.5             5        Pbo + TZD
                n=             192             183          180
      Baseline Mean            8.25           8.35         8.19

                   -0.1


                   -0.3
                                                                -0.3

                   -0.5
 Δ HbA1C (%)




                                                                                      Source: CV181013 – Figure 7.2.1A
 with 95% CI
                   -0.7              -0.7

                             p = .0007
                   -0.9
                                                  -0.9
                   -1.1
                                             p <.0001
Phase 3 Study -013, EASD Sept 2008                                                   18
                                                           Not For Promotional Use
Fasting Plasma Glucose Adjusted Mean
 Change from Baseline at Week 24 (LOCF)
                             Saxagliptin (mg) + TZD
                  Dose         2.5              5         Pbo + TZD
                   n=          193             185           181
                              163.0           159.5         162.4
Baseline Mean (mg/dL)
                    5.0


                    0.0

                                                                 -2.8
                    -5.0
Δ FPG (mg/dL)




                                                                                       Source: CV181013 – Figure 7.3.1A
                   -10.0
 with 95% CI

                   -15.0             -14.3
                                                  -17.3
                   -20.0
                              p = .0053
                                             p = .0005
                   -25.0

Phase 3 Study -013, EASD Sept 2008                                                    19
                                                            Not For Promotional Use
Postprandial Glucose AUC Adjusted Mean
 Change from Baseline at Week 24 (LOCF)
                             Saxagliptin (mg) + TZD
                  Dose          2.5             5         Pbo + TZD
                   n=          151             131           123
                              48301           47866         47256
        Baseline Mean
          (mg min/dL)
                        0


                    -2000
                                                                -2690
                    -4000
   Δ PPG AUC
  (mg min/dL)       -6000
  with 95% CI




                                                                                       CV181013 – Figure 7.3.3
                    -8000
                                     -7849

                                                  -9269
                   -10000       p <.0001

                                              p <.0001
                   -12000
Phase 3 Study -013, EASD Sept 2008                                                    20
                                                            Not For Promotional Use
Most Common (≥5%) Reported Adverse Events
 During 24-Week Treatment
                                     Saxa 2.5 mg   Saxa 5 mg    All Saxa
                                                                               Pbo + TZD
                                       + TZD         + TZD       + TZD
                                                                                N = 184
                                       N = 195      N = 186     N = 381
    Total subjects with AE            121 (62.1)   138 (74.2)   259 (68.0)     123 (66.8)
    Adverse Events (≥ 5%)
       Upper respiratory tract
                                       15 (7.7)     17 (9.1)                     13 (7.1)
                                                                 32 (8.4)
       infection
       Urinary tract infection          7 (3.6)     12 (6.5)                     12 (6.5)
                                                                 19 (5.0)
       Nasopharyngitis                  6 (3.1)      9 (4.8)     15 (3.9)        11 (6.0)
       Arthralgia or joint pain        11 (5.6)      5 (2.7)     16 (4.2)         5 (2.7)
       Headache                         9 (4.6)     10 (5.4)     19 (5.0)         7 (3.8)
       Dizziness                        5 (2.6)      6 (3.2)     11 (2.9)        10 (5.4)
       Oedema peripheral                6 (3.1)     15 (8.1)     21 (5.5)         8 (4.3)
       Hypertension                    11 (5.6)      8 (4.3)     19 (5.0)         9 (4.9)




Phase 3 Study -013, EASD Sept 2008                                                              21
                                                                      Not For Promotional Use
Conclusions
      In patients with type 2 diabetes not achieving
      glycemic control on TZD monotherapy, the
      addition of saxagliptin provided statistically
      significant and clinically meaningful
      improvements in the key parameters of glycemic
      control.
      Significantly more patients achieved the HbA1C
      target of <7% at week 24 with saxagliptin added to
      TZD therapy vs TZD monotherapy.
      Over 24 weeks, the combination of saxagliptin
      and TZD was generally well tolerated.




Phase 3 Study -013, EASD Sept 2008                                    22
                                            Not For Promotional Use
Saxagliptin Add-on SU Study Design:
 EASD 2008
                             24 Weeks (N=768)                                       12 Months LTE
 4 Weeks

 GLY 7.5 mg +
 PBO Lead-in
                                                                                    UP-GLY 10/15/20 mg* o.d. + PBO†
                             UP-GLY 10/15 mg* o.d. + PBO†
 T2D
 SU Monotherapy
 ≥2 months                    Superiority
 Submaximal SU               GLY 7.5 mg o.d. + SAXA 2.5 mg o.d.†                    GLY 7.5 mg o.d. + SAXA 2.5 mg o.d.†

  HbA1c ≥7.5%–≤10.0%
                              Superiority
  to Enroll
  MFPG ≥140 mg/dL or                                                                GLY 7.5 mg o.d. + SAXA 5 mg o.d.†
                             GLY 7.5 mg o.d. + SAXA 5 mg o.d.†
  MFWBG ≥131 mg/dL
  and HbA1c ≥7.0% to
  Randomize


 •92% reached maximum allowed dose of Glyburide in the short term phase (UP-GLY) - per the protocol titration
                                                                        (UP-
 criteria


 †If
   rescue criteria was met in short-term phase, add metformin 500–2500 mg TDD and enter LTE phase;
 metformin rescue also available in the LTE phase.
 MFPG = mean fasting plasma glucose; MFWBG = mean fasting whole blood glucose; o.d. = once daily.


Phase 3 Study -040, EASD Sept 2008                                                                                             23
                                                                                                     Not For Promotional Use
HbA1C Adjusted Mean Change from Baseline
 at Week 24 (LOCF)
                              Saxagliptin (mg) + Gly
               Dose             2.5              5        Pbo + UP-Gly
                n=             246             250            264
      Baseline Mean            8.36            8.48           8.44
                   0.2
                                                                  +0.1

                   0.0


 Δ HbA1C (%)       -0.2
 with 95% CI




                                                                                         Source: CV181040 – Figure 7.2.1A
                   -0.4


                                     -0.5
                   -0.6
                                                   -0.6
                              p <.0001
                   -0.8                       p <.0001

Phase 3 Study -040, EASD Sept 2008                                                      24
                                                              Not For Promotional Use
Fasting Plasma Glucose Adjusted Mean
 Change from Baseline at Week 24 (LOCF)
                              Saxagliptin (mg) + Gly
                  Dose          2.5             5         Pbo + UP-Gly
                   n=           247            252            265
                               170.1          175.0
Baseline Mean (mg/dL)                                        174.4
                    5.0


                                                                  0.7
                    0.0


Δ FPG (mg/dL)




                                                                                        Source: CV181040 – Figure 7.3.1A
                    -5.0
  with 95% CI
                                     -7.1
                   -10.0
                                                   -9.7
                              p = .0218
                   -15.0                      p = .0020

Phase 3 Study -040, EASD Sept 2008                                                     25
                                                             Not For Promotional Use
Postprandial Glucose AUC Adjusted Mean
 Change from Baseline at Week 24 (LOCF)
                              Saxagliptin (mg) + Gly
                                2.5              5        Pbo + UP-Gly
                  Dose
                                190             195           204
                   n=
                               49124           50342         51801
       Baseline Mean
         (mg min/dL)

                                                                 1196
                   1500



                    -500

  Δ PPG AUC
 (mg min/dL)       -2500




                                                                                        CV181040 – Figure 7.3.3
 with 95% CI

                   -4500             -4296
                                                  -5000
                               p <.0001
                   -6500                      p <.0001

Phase 3 Study -040, EASD Sept 2008                                                     26
                                                             Not For Promotional Use
Most Common (≥5%) Reported Adverse Events
 During 24-Week Treatment
                                                                                     Pbo
                                   Saxa 2.5 mg     Saxa 5 mg       All Saxa
                                                                                   + Up-Gly
                                      + Gly          + Gly          + Gly
                                                                                    N = 267
                                     N = 248        N = 253        N = 501
 Total subjects with AE             186 (75.0)     183 (72.3)     369 (73.7)       205 (76.8)
 Adverse Events (≥5%)*
   Urinary tract infection           13 (5.2)       27 (10.7)      40 (8.0)         22 (8.2)
   Nasopharyngitis                   14 (5.6)       15 (5.9)       29 (5.8)         18 (6.7)
   Upper respiratory tract           11 (4.4)       16 (6.3)       27 (5.4)         18 (6.7)
   infection
   Influenza                         13 (5.2)       10 (4.0)       23 (4.6)         16 (6.0)
   Diarrhoea                         14 (5.6)       10 (4.0)       24 (4.8)         14 (5.2)
   Back pain                         12 (4.8)       15 (5.9)       27 (5.4)         12 (4.5)
   Pain in extremity                 11 (4.4)        9 (3.6)       20 (4.0)         15 (5.6)
   Headache                          19 (7.7)       19 (7.5)       38 (7.6)         15 (5.6)
   Cough                             13 (5.2)       10 (4.0)       23 (4.6)         13 (4.9)
   Hypertension                       9 (3.6)       16 (6.3)       25 (5.0)          6 (2.2)
*Excludes Hypoglycemia

      Hypoglycemic events were reported in 13.3% [33/248], 14.6% [37/253] of subjects in the
  •
      SAXA 2.5-mg & 5-mg treatment groups vs Up-Gly (10.1% [27/267]). The differences were
      not statistically significant

Phase 3 Study -040, EASD Sept 2008                                                               27
                                                                       Not For Promotional Use
Conclusions
      In patients with type 2 diabetes not achieving glycemic control
      on submaximal doses of glyburide monotherapy, the addition
      of saxagliptin once daily provided statistically significant and
      clinically meaningful reductions in the key parameters of
      glycemic control in contrast to up-titrated glyburide
      monotherapy.
      More than twice as many patients treated with the combination
      of saxagliptin and submaximal dose of glyburide achieved
      target HbA1c <7.0% compared with up-titrated glyburide.
      Improvements in glycemic parameters with the addition of
      saxagliptin to a submaximal dose of glyburide were achieved
      without any significant increases in hypoglycemia.
      The administration of saxagliptin in combination with
      submaximal doses of glyburide for up to 24 weeks was
      generally well tolerated.


Phase 3 Study -040, EASD Sept 2008                                               28
                                                       Not For Promotional Use
Saxagliptin Conclusion – EASD Highlights
Clinically Meaningful Reductions in
All Key Measures of Glucose Control Studied
 Given in combination with metformin as an initial therapy, 5mg
 saxagliptin demonstrated A1c reductions of 2.5% from baseline
   – In patients with very high (≥10%) A1c’s, saxagliptin 5mg plus
     metformin demonstrated A1c reductions of 3.3% from
     baseline
 When added to TZD, saxagliptin 5mg demonstrated A1c reduction
 of 0.9% from baseline
 When given in combination with an SU, saxagliptin 5mg
 demonstrated A1c reduction of 0.6%
   – No statistically significant increase in hypoglycemia
 Saxagliptin also produced significant reductions in FPG and PPG
 Saxagliptin was well tolerated in all usage situations


                                                                               29
                                                     Not For Promotional Use
EASD 2008 Highlights
  Investor Teleconference
        Sept 9, 2008



                                                      30
                            Not For Promotional Use

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bristol myerd squibb European Association for the Study of Diabetes (EASD) Highlights

  • 1. EASD 2008 Highlights Investor Teleconference Sept 9, 2008 1 Not For Promotional Use
  • 2. Comments will be about the Company’s future plans and prospects that may be forward-looking statements under the Private Securities Litigation Reform Act of 1995. We caution that actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors, including those discussed in the Company’s most recent annual report on Form 10-K, periodic reports on Form 10-Q and current reports on Form 8-K. These documents are available from the SEC, the Bristol-Myers Squibb web site or from Bristol-Myers Squibb Investor Relations. While we may elect to update forward-looking statements at some point in the future, we specifically disclaim any obligation to do so, even if our estimates change. 2 Not For Promotional Use
  • 3. Diabetes: A Growing, Global Problem Type 2 Diabetes prevalence expected to grow from 190 million to 330 million by 2030 Europe prevalence is Diabetes growing rapidly lower (~4.6%), but in U.S. – current increasing, especially in prevalence rate 6.7% the southern countries Mexico – highest India and China will make up prevalence rates in nearly 50% of the total the world: 12.4% number of patients with diabetes in 2030 Source: WHO 3 Not For Promotional Use 3
  • 4. Majority of Patients Are Not Optimally Controlled Percentage of patients not controlled, 100 by market (relative to HbA1c Target of 7.0%) 60% of 80 69 US diabetic 64 62 Patients (%) patients 58 57 60 51 do not know their A1c or 40 FPG values 20 0 UK FR GER ITL SPN US Source: Adelphi, 2006 Disease Specific Programmes, NHWS 2006 4 Not For Promotional Use
  • 5. The Progressive Nature of Type 2 Diabetes Ultimately Overwhelms Medications Glycemic Control in an Illustrative Patient Potential = Slope 5 treatment p er 0.75% change yrs. First 5yr s Agent Goal* HbA1c A1c=<7 Goal** A1c=<6.5 Normal*** A1c=5% ~30 Years There remains a need for new therapies Sources: ADOPT, UKPDS (*) According to the ADA; (**) according to the AACE/ACE; (***) according to the NIH 5 Not For Promotional Use
  • 6. EASD 2008: Dapagliflozin Data on dapagliflozin was presented from the largest and longest (12 weeks) trial of an SGLT2 Renal Glucose Reabsorption Inhibitor to date. Results demonstrated that dapagliflozin: Induced controlled glucosuria Improved glycemic control – Reduced fasting glucose – Reduced postprandial glucose – Reduced HbA1c Lowered weight Showed little propensity to cause hypoglycemia Demonstrated no clear adverse safety or tolerability signals over 12 weeks Phase 2 Study, EASD Sept 2008 6 Not For Promotional Use
  • 7. Saxagliptin Overview Specifically designed to be a selective inhibitor with extended binding to the DPP-4 enzyme Completed Phase 3 registrational program New Drug Application officially filed by the FDA Marketing Authorization Application accepted for review by the EMEA 7 Not For Promotional Use
  • 8. Patient Exposures Throughout Saxagliptin Program Phase 1 and 2 ~110 subjects exposed to saxagliptin at 20-80x the 5 mg dose for up to 6 weeks ~670 subjects exposed to saxagliptin at 2-10x the 5 mg dose for up to 12 weeks Phase 3 ~1000 patients treated at 10 mg dose for up to 2 years >3000 patients treated at any dose in Phase 3 8 Not For Promotional Use
  • 9. Saxagliptin Profile is Competitive Produced significant reductions in all key measures of glucose control in treatment naïve patients and patients treated with commonly used oral agents Generally well tolerated in clinical trials across all usage situations – Clinical correlates to the skin lesions in monkeys have not been identified in human clinical trials of saxagliptin Life cycle program underway 9 Not For Promotional Use
  • 10. Saxagliptin Initial Combination with Metformin Design: EASD 2008 1 Wk PBO 24 Wks N=1306 Lead-in PBO + MET IR (with titration)*† Treatment-Naïve T2D SAXA 10 mg + PBO† Superiority Test (HbA1C ≥8%-≤12%) SAXA 5 mg + MET IR (with titration)*† Superiority Test SAXA 10 mg + MET IR (with titration)*† *MET IR titration: Forced titration from 500 mg to 1000 mg at wk 1, then elective titration at wks 2, 3, 4, and 5 to achieve mean fasting plasma glucose (FPG) <110 mg/dL (maximum MET 2000 mg total daily dose). †Ifrescue criteria met in short term, add pioglitazone 15-45 mg o.d. and enter long-term phase; pioglitazone rescue also available in long-term extension. Phase 3 Study -039, EASD Sept 2008 10 Not For Promotional Use
  • 11. HbA1C Adjusted Mean Changes from Baseline at Week 24* Saxagliptin (mg) Dose 5 + Met 10 + Met 10 Met n= 306 315 317 313 Baseline mean (%) 9.4 9.5 9.6 9.4 0.0 -0.5 -1.0 Δ HbA1C (%) with 95% CI -1.5 -1.7 -2.0 -2.0 -2.5 -2.5 †‡ -2.5 †‡ -3.0 *LOCF=last observation carried forward †P<.0001 vs Saxa 10 mg ‡P<.0001 vs Met Phase 3 Study -039, EASD Sept 2008 11 Not For Promotional Use
  • 12. Patients Achieving Therapeutic Glycemic Response (HbA1C ≤6.5% and <7%) at Week 24* 60 Patients Achieving 40 Glycemic Response (%) with 95% CI 20 45.3† 60.3† 40.6‡ 59.7† 20.3 32.2 29.0 41.1 ≤6.5% <7.0% ≤6.5% <7.0% ≤6.5% <7.0% ≤6.5% <7.0% 0 Saxa 5 mg Saxa 10 mg Saxa 10 mg Met + Met + Met n = 320 n = 314 n = 307 n = 315 *LOCF †P<.0001 vs Saxa 10 mg and vs Met ‡P <.0001 vs Saxa 10 mg and P =.0026 vs Met Phase 3 Study -039, EASD Sept 2008 12 Not For Promotional Use
  • 13. HbA1C Adjusted Mean Change: Subgroup Analysis by Baseline HbA1C Baseline HbA1C <8% ≥8%-<9% ≥9%-<10% ≥10% 0.0 -0.5 Δ HbA1C (%) with 95% CI -0.5 -1.0 -1.0 -1.0 -1.1 -1.2 -1.5 -1.4 -1.5 -2.0 -1.9 -2.0 -2.0 -2.5 -2.5 -2.5 -2.5 -2.7 -3.0 -3.3 -3.3 -3.5 Saxagliptin + Met -4.0 5 mg 10 mg Saxa 10 mg Met Phase 3 Study -039, EASD Sept 2008 13 Not For Promotional Use
  • 14. FPG Adjusted Mean Changes from Baseline at Week 24* Saxagliptin (mg) Dose 5 + Met 10 + Met 10 Met n= 315 317 327 320 Baseline mean (mg/dL) 198.9 204.3 200.9 199.1 0 -10 -20 Δ FPG (mg/dL) -30 -31 with 95% CI -40 -50 -47 -60 -60 †‡ -62 † § *LOCF -70 †P<.0001 vs Saxa 10 mg ‡P=.0002 vs Met §P<.0001 vs Met Phase 3 Study -039, EASD Sept 2008 14 Not For Promotional Use
  • 15. Most Common (≥5%) Reported Adverse Events Saxa 5 mg Saxa 10 mg Saxa + Met + Met 10 mg Met n=320 n=323 n=335 n=328 Total patients with 177 (55.3) 185 (57.3) 179 (53.4) 192 (58.5) at least 1 AE, n (%) Nasopharyngitis 22 (6.9) 8 (2.5) 14 (4.2) 13 (4.0) Headache 24 (7.5) 32 (9.9) 21 (6.3) 17 (5.2) Diarrhea 22 (6.9) 31 (9.6) 10 (3.0) 24 (7.3) Hypertension 15 (4.7) 17 (5.3) 15 (4.5) 11 (3.4) Phase 3 Study -039, EASD Sept 2008 15 Not For Promotional Use
  • 16. Conclusions Saxagliptin, given in combination with metformin as initial therapy, led to clinically relevant improvements that were significantly greater than either treatment alone across all key glycemic parameters studied including: – HbA1C – FPG – Proportion of patients with HbA1C <7% – PPG during OGTT Saxagliptin, given in combination with metformin as initial therapy, was well tolerated over the course of the study Phase 3 Study -039, EASD Sept 2008 16 Not For Promotional Use
  • 17. Saxagliptin Add-on TZD Study Design: EASD 2008 2-Wk TZD + PBO Lead-in 12 Months LTE 24 Wk (N=565) PBO + TZD* PBO + TZD* Stable Dose TZD†‡ ≥12 Wk Superiority T2D SAXA 5 mg o.d. + TZD* SAXA 5 mg o.d. + TZD* HbA1c ≥7.0%–≤10.5% Superiority SAXA 2.5 mg o.d. + TZD* SAXA 2.5 mg o.d. + TZD* *If rescue criteria met in short-term phase, add metformin 500–2500 mg total daily dose, and enter LTE phase; metformin rescue was also available in the LTE phase. †Stabledose of TZD defined as pio 30 or 45 mg total daily dose or rosi 4 or 8 mg total daily dose. TZD dose at entry fixed for duration of study. ‡If determined to be medically appropriate, a switch from rosi to pio was permitted. [CSR Fig 3.1] Phase 3 Study -013, EASD Sept 2008 17 Not For Promotional Use
  • 18. HbA1C Adjusted Mean Change from Baseline at Week 24 (LOCF) Saxagliptin (mg) + TZD Dose 2.5 5 Pbo + TZD n= 192 183 180 Baseline Mean 8.25 8.35 8.19 -0.1 -0.3 -0.3 -0.5 Δ HbA1C (%) Source: CV181013 – Figure 7.2.1A with 95% CI -0.7 -0.7 p = .0007 -0.9 -0.9 -1.1 p <.0001 Phase 3 Study -013, EASD Sept 2008 18 Not For Promotional Use
  • 19. Fasting Plasma Glucose Adjusted Mean Change from Baseline at Week 24 (LOCF) Saxagliptin (mg) + TZD Dose 2.5 5 Pbo + TZD n= 193 185 181 163.0 159.5 162.4 Baseline Mean (mg/dL) 5.0 0.0 -2.8 -5.0 Δ FPG (mg/dL) Source: CV181013 – Figure 7.3.1A -10.0 with 95% CI -15.0 -14.3 -17.3 -20.0 p = .0053 p = .0005 -25.0 Phase 3 Study -013, EASD Sept 2008 19 Not For Promotional Use
  • 20. Postprandial Glucose AUC Adjusted Mean Change from Baseline at Week 24 (LOCF) Saxagliptin (mg) + TZD Dose 2.5 5 Pbo + TZD n= 151 131 123 48301 47866 47256 Baseline Mean (mg min/dL) 0 -2000 -2690 -4000 Δ PPG AUC (mg min/dL) -6000 with 95% CI CV181013 – Figure 7.3.3 -8000 -7849 -9269 -10000 p <.0001 p <.0001 -12000 Phase 3 Study -013, EASD Sept 2008 20 Not For Promotional Use
  • 21. Most Common (≥5%) Reported Adverse Events During 24-Week Treatment Saxa 2.5 mg Saxa 5 mg All Saxa Pbo + TZD + TZD + TZD + TZD N = 184 N = 195 N = 186 N = 381 Total subjects with AE 121 (62.1) 138 (74.2) 259 (68.0) 123 (66.8) Adverse Events (≥ 5%) Upper respiratory tract 15 (7.7) 17 (9.1) 13 (7.1) 32 (8.4) infection Urinary tract infection 7 (3.6) 12 (6.5) 12 (6.5) 19 (5.0) Nasopharyngitis 6 (3.1) 9 (4.8) 15 (3.9) 11 (6.0) Arthralgia or joint pain 11 (5.6) 5 (2.7) 16 (4.2) 5 (2.7) Headache 9 (4.6) 10 (5.4) 19 (5.0) 7 (3.8) Dizziness 5 (2.6) 6 (3.2) 11 (2.9) 10 (5.4) Oedema peripheral 6 (3.1) 15 (8.1) 21 (5.5) 8 (4.3) Hypertension 11 (5.6) 8 (4.3) 19 (5.0) 9 (4.9) Phase 3 Study -013, EASD Sept 2008 21 Not For Promotional Use
  • 22. Conclusions In patients with type 2 diabetes not achieving glycemic control on TZD monotherapy, the addition of saxagliptin provided statistically significant and clinically meaningful improvements in the key parameters of glycemic control. Significantly more patients achieved the HbA1C target of <7% at week 24 with saxagliptin added to TZD therapy vs TZD monotherapy. Over 24 weeks, the combination of saxagliptin and TZD was generally well tolerated. Phase 3 Study -013, EASD Sept 2008 22 Not For Promotional Use
  • 23. Saxagliptin Add-on SU Study Design: EASD 2008 24 Weeks (N=768) 12 Months LTE 4 Weeks GLY 7.5 mg + PBO Lead-in UP-GLY 10/15/20 mg* o.d. + PBO† UP-GLY 10/15 mg* o.d. + PBO† T2D SU Monotherapy ≥2 months Superiority Submaximal SU GLY 7.5 mg o.d. + SAXA 2.5 mg o.d.† GLY 7.5 mg o.d. + SAXA 2.5 mg o.d.† HbA1c ≥7.5%–≤10.0% Superiority to Enroll MFPG ≥140 mg/dL or GLY 7.5 mg o.d. + SAXA 5 mg o.d.† GLY 7.5 mg o.d. + SAXA 5 mg o.d.† MFWBG ≥131 mg/dL and HbA1c ≥7.0% to Randomize •92% reached maximum allowed dose of Glyburide in the short term phase (UP-GLY) - per the protocol titration (UP- criteria †If rescue criteria was met in short-term phase, add metformin 500–2500 mg TDD and enter LTE phase; metformin rescue also available in the LTE phase. MFPG = mean fasting plasma glucose; MFWBG = mean fasting whole blood glucose; o.d. = once daily. Phase 3 Study -040, EASD Sept 2008 23 Not For Promotional Use
  • 24. HbA1C Adjusted Mean Change from Baseline at Week 24 (LOCF) Saxagliptin (mg) + Gly Dose 2.5 5 Pbo + UP-Gly n= 246 250 264 Baseline Mean 8.36 8.48 8.44 0.2 +0.1 0.0 Δ HbA1C (%) -0.2 with 95% CI Source: CV181040 – Figure 7.2.1A -0.4 -0.5 -0.6 -0.6 p <.0001 -0.8 p <.0001 Phase 3 Study -040, EASD Sept 2008 24 Not For Promotional Use
  • 25. Fasting Plasma Glucose Adjusted Mean Change from Baseline at Week 24 (LOCF) Saxagliptin (mg) + Gly Dose 2.5 5 Pbo + UP-Gly n= 247 252 265 170.1 175.0 Baseline Mean (mg/dL) 174.4 5.0 0.7 0.0 Δ FPG (mg/dL) Source: CV181040 – Figure 7.3.1A -5.0 with 95% CI -7.1 -10.0 -9.7 p = .0218 -15.0 p = .0020 Phase 3 Study -040, EASD Sept 2008 25 Not For Promotional Use
  • 26. Postprandial Glucose AUC Adjusted Mean Change from Baseline at Week 24 (LOCF) Saxagliptin (mg) + Gly 2.5 5 Pbo + UP-Gly Dose 190 195 204 n= 49124 50342 51801 Baseline Mean (mg min/dL) 1196 1500 -500 Δ PPG AUC (mg min/dL) -2500 CV181040 – Figure 7.3.3 with 95% CI -4500 -4296 -5000 p <.0001 -6500 p <.0001 Phase 3 Study -040, EASD Sept 2008 26 Not For Promotional Use
  • 27. Most Common (≥5%) Reported Adverse Events During 24-Week Treatment Pbo Saxa 2.5 mg Saxa 5 mg All Saxa + Up-Gly + Gly + Gly + Gly N = 267 N = 248 N = 253 N = 501 Total subjects with AE 186 (75.0) 183 (72.3) 369 (73.7) 205 (76.8) Adverse Events (≥5%)* Urinary tract infection 13 (5.2) 27 (10.7) 40 (8.0) 22 (8.2) Nasopharyngitis 14 (5.6) 15 (5.9) 29 (5.8) 18 (6.7) Upper respiratory tract 11 (4.4) 16 (6.3) 27 (5.4) 18 (6.7) infection Influenza 13 (5.2) 10 (4.0) 23 (4.6) 16 (6.0) Diarrhoea 14 (5.6) 10 (4.0) 24 (4.8) 14 (5.2) Back pain 12 (4.8) 15 (5.9) 27 (5.4) 12 (4.5) Pain in extremity 11 (4.4) 9 (3.6) 20 (4.0) 15 (5.6) Headache 19 (7.7) 19 (7.5) 38 (7.6) 15 (5.6) Cough 13 (5.2) 10 (4.0) 23 (4.6) 13 (4.9) Hypertension 9 (3.6) 16 (6.3) 25 (5.0) 6 (2.2) *Excludes Hypoglycemia Hypoglycemic events were reported in 13.3% [33/248], 14.6% [37/253] of subjects in the • SAXA 2.5-mg & 5-mg treatment groups vs Up-Gly (10.1% [27/267]). The differences were not statistically significant Phase 3 Study -040, EASD Sept 2008 27 Not For Promotional Use
  • 28. Conclusions In patients with type 2 diabetes not achieving glycemic control on submaximal doses of glyburide monotherapy, the addition of saxagliptin once daily provided statistically significant and clinically meaningful reductions in the key parameters of glycemic control in contrast to up-titrated glyburide monotherapy. More than twice as many patients treated with the combination of saxagliptin and submaximal dose of glyburide achieved target HbA1c <7.0% compared with up-titrated glyburide. Improvements in glycemic parameters with the addition of saxagliptin to a submaximal dose of glyburide were achieved without any significant increases in hypoglycemia. The administration of saxagliptin in combination with submaximal doses of glyburide for up to 24 weeks was generally well tolerated. Phase 3 Study -040, EASD Sept 2008 28 Not For Promotional Use
  • 29. Saxagliptin Conclusion – EASD Highlights Clinically Meaningful Reductions in All Key Measures of Glucose Control Studied Given in combination with metformin as an initial therapy, 5mg saxagliptin demonstrated A1c reductions of 2.5% from baseline – In patients with very high (≥10%) A1c’s, saxagliptin 5mg plus metformin demonstrated A1c reductions of 3.3% from baseline When added to TZD, saxagliptin 5mg demonstrated A1c reduction of 0.9% from baseline When given in combination with an SU, saxagliptin 5mg demonstrated A1c reduction of 0.6% – No statistically significant increase in hypoglycemia Saxagliptin also produced significant reductions in FPG and PPG Saxagliptin was well tolerated in all usage situations 29 Not For Promotional Use
  • 30. EASD 2008 Highlights Investor Teleconference Sept 9, 2008 30 Not For Promotional Use