A new cancer research centre set to open in tow years will serve 4,000 patients by 2027. Getty.
A new cancer research centre set to open in tow years will serve 4,000 patients by 2027. Getty.

Key to cancer may lie within own bodies but fears grow that ‘wonder drugs’ will be elite-only



After decades of false dawns, scientists have become wary of claims of breakthroughs in the war on cancer.  Yet the programme for this year's UAE Cancer Congress, which opens this week in Dubai, reflects a flickering new source of hope.  On Friday, a special session is being devoted to immuno-oncology, an approach to treating cancer using the body's own disease-fighting immune system.

Drugs that boost its abilities or train it to attack cancer cells are proving astonishingly successful in treating some forms of the disease.

Patients once condemned to just a few months of life after diagnosis are now living for years, while some appear effectively free of the disease.

The idea that we have our own anti-cancer treatments within us isn’t entirely new. Since the time of the Ancient Egyptians, physicians have suspected that deliberately infecting tumours might provoke the body’s own defences to join in the fight and destroy the cancer.

The problem is that cancer cells aren’t foreign invaders but damaged normal cells proliferating out of control. As such, they are easily overlooked by the immune system.

This had led to research into ways of making the immune system more sensitive to the presence of cancer cells.

By the early 2000s, researchers had identified so-called monoclonal antibodies (mAbs) that home in on disease-fighting cells in the immune system, making them better able to detect molecules on the surface of cancer cells.

Known as immune checkpoint inhibitors, these drugs have been shown to help combat a wide range of cancers, including the most common form of lung cancer.

It was one such drug – Yervoy, for treating metastatic melanoma - that in 2011 became the first immunotherapy for cancer.

Other mAbs have been created that seek out cancer cells and mark them for the immune system to attack, like the laser beam on a sniper’s rifle. Some interfere with the parts of cancer cells that allow them to grow or spread. This is the mode of action of perhaps the most famous immunotherapeutic drug, Herceptin, used to treat breast cancer – the most common form of the disease among women in the UAE.

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Other strategies involve combining mAbs that work in different ways, or using them to boost the effectiveness of conventional treatment like chemotherapy.

The current excitement comes from the fact that when immunotherapy works, the outcome can be astonishing.

In the mid-2000s, metastatic skin cancer killed 85 per cent of patients within five years. Now, more than one in five who get a single treatment of Yervoy can expect to be alive in 10 years’ time. About three-quarters of breast cancer patients receiving Herceptin live for another decade or more.

But while research scientists race to find more ways of helping our bodies defeat the big C, cancer specialists in hospitals are having to wrestle with some stark realities.

First, immunotherapy just doesn’t work for the vast majority of patients.

Only about one in eight patients respond to Yervoy, while just 15 to 25 per cent of women with the disease have cancer cells vulnerable to Herceptin.

A recent analysis suggests that, in total, just one in 12 patients with the most common cancers can expect to get any benefit from current immunotherapeutic drugs.

Then there are the side-effects. Because they work by making the immune system more trigger-happy, immune checkpoint inhibitors like Yervoy come with a long list of side-effects, some of them life-threatening.

This has led to doctors holding back on prescribing the “wonder drugs”, for fear that they will work their magic but at too high a price.

Research is under way to tackle these problems. For example, Swiss drugmaker Roche has developed a blood test that determines the number of genetic mutations in a tumour. The more of these there are, the higher the chances of the cancer being susceptible to immunotherapy.

But the biggest barrier to the wider use of these drugs is far more basic: their cost.

A course of treatment with immunotherapy typically costs well in excess of US$100,000 (Dh367,290). One therapy recently approved by the US Food and Drug Administration for advanced or inoperable melanoma costs more than $250,000 a year.

And while a small minority of patients may be completely cured, most can expect to get perhaps a few extra months.

All this is putting the promise of immunotherapy beyond the reach of most who could benefit from it. Having health insurance is unlikely to make much difference, as it is likely to run out before treatment is completed.

For Emiratis, for whom cancer treatment is free, the cost issue is academic – for now.  Government budgets are under pressure, and difficult questions may soon have to be asked about the cost-effectiveness of these drugs.

Unless pressure is put on Big Pharma to cut the costs, cancer immunotherapy will become a miracle cure only for those with the right genes and bank balance.

Robert Matthews is Visiting Professor of Science at Aston University, Birmingham, UK

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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

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