Investor Update
Basel, 6 December 2007
Genentech
provides update from Avastin FDA Advisory Meeting
Dear Investor,
Genentech
announced today that the Oncologic Drugs Advisory Committee (ODAC) appointed by the U.S. Food and Drug
Administration (FDA) voted 5 to 4 that data are not sufficient to establish a favorable risk/benefit
analysis for the use of Avastin (bevacizumab), in combination with paclitaxel chemotherapy, for the
treatment of patients who have not received chemotherapy for their locally recurrent or metastatic HER2-negative
breast cancer. The FDA is not bound by the recommendations of its advisory committees. The FDA is expected
to make a decision on the supplemental Biologics License Application requesting approval for the use
of Avastin in this patient population by February 23, 2008.
View
the full Genentech press release
Please do not hesitate to contact
us if you have any further questions.