TELIK ANNOUNCES INTERIM RESULTS SHOWING CLINICAL EFFICACY WITH TELCYTA™ IN COMBINATION WITH DOCETAXEL IN PHASE 1-2A CLINICAL TRIAL IN SECOND AND THIRD LINE NON-SMALL CELL LUNG CANCER PATIENTS

Palo Alto, CA, November 19, 2003 — Telik, Inc. (Nasdaq: TELK) reported positive interim results from a Phase 1-2a clinical trial of the combination of TELCYTA™ (TLK286) and docetaxel in patients with platinum resistant non-small cell lung cancer (NSCLC). The combination was well tolerated at the full dose of each drug, and resulted in a 29% objective response rate and an overall 69% disease stabilization rate. The results were presented at the AACR-NCI-EORTC* Molecular Targets and Cancer Therapeutics Conference in Boston.

Forty-six NSCLC patients have been enrolled in the Phase 1-2a trial, which is fully accrued. At interim analysis, 23 patients were evaluable for safety and efficacy, including 17 patients treated at full dose (TELCYTA™ 960 mg/m2 and docetaxel 75 mg/m2). All of the patients had failed or progressed on prior platinum-based chemotherapy as well as additional salvage regimens.

The combination was well-tolerated at all dose levels in the advanced NSCLC patients. The hematologic toxicities seen were similar to the toxicities seen with single agent docetaxel. There were no unexpected or dose-limiting toxicities.

The 29% objective response rate and 69% disease stabilization rate include five partial responses by the RECIST criteria and 6 patients with stable disease. The longest duration of therapy is 8 months and continuing. Disease stabilization also was observed at the lower TELCYTA™ doses tested, providing early evidence for synergy and a dose response to escalating doses of TELCYTA™ with docetaxel.

“Advanced platinum resistant non-small cell lung cancer patients have a very poor prognosis and limited treatment alternatives,” said Gail L. Brown, M.D., senior vice president and chief medical officer. “These data indicate that the combination of TELCYTA™ and docetaxel may provide significant clinical benefit, as well as support a clinical trial using the TELCYTA™/docetaxel combination in the first and second line NSCLC setting. These clinical data are also consistent with preclinical studies presented during this meeting demonstrating that the combination of TELCYTA™ and docetaxel produced greater inhibition of cancer cell growth than the sum of both agents.”

Case Report

A 71 year old female was diagnosed with metastatic NSCLC in 2002. She was treated with a platinum-containing regimen including pemetrexed and had a partial response, and later relapsed. She began TELCYTA™ 960 mg/m2 in combination with docetaxel 75 mg/m2. She has a robust partial response to the combination, and continues to be treated with good tolerability for 6 months and ongoing.

About Non-Small Cell Lung Cancer and TELCYTA™

Lung cancer results in 28% of all cancer deaths in the U.S., and it is the leading cause of cancer deaths, according to the American Cancer Society (ACS). The ACS estimates that 171,900 new cases of lung cancer will be diagnosed in 2003 and an estimated 157,200 deaths will result from the disease.

TELCYTA™ is a small molecule prodrug which is activated by GST P1-1, an enzyme present in higher levels in many human cancers than in normal tissues. Upon activation, an intracellular process known as apoptosis, or programmed cell death, is initiated. TELCYTA™, which has been evaluated in clinical trials in more than 500 patients, was discovered through the application of Telik’s proprietary drug discovery technology, TRAP. Telik has retained worldwide commercialization rights.

* American Association for Cancer Research — National Cancer Institute — European Organization for Research and Treatment of Cancer

About Telik, Inc.

Telik, Inc. of Palo Alto, CA is a biopharmaceutical company working to discover, develop and commercialize small molecule drugs to treat serious diseases for which there is significant demand for new therapies. The company’s most advanced drug development candidate is TELCYTA™. Telik’s product candidates were discovered using its proprietary technology, TRAP, which enables the rapid and efficient discovery of small molecule drug candidates. Additional information is available at www.telik.com.

You should not rely on forward-looking statements contained in this press release, including statements regarding our ability to successfully develop TELCYTA™ for the treatment of any cancer, its tolerability, potential efficacy or market potential. Telik can give no assurance with regard to these statements. None of our products have been determined to be safe or effective in humans or been approved for marketing. Substantial additional testing, including randomized, controlled clinical trials of TELCYTA™ will be necessary prior to seeking marketing approval. There can be no assurance that such trials will accrue sufficient patients, be conducted with sufficient quality, in a timely manner, have a successful outcome, or that regulatory approval will be obtained. In addition, we are reliant on external manufacturing, and any interruption or delay in drug supply could adversely affect the development program. More detailed information regarding factors that may cause actual results to differ materially from the results expressed or implied by statements in this press release may be found in Telik’s periodic filings with the Securities and Exchange Commission. Telik assumes no obligation to update any information in this press release.

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Contact:
Carol DeGuzman
Senior Director, Corporate Communications
Telik, Inc.
Tel 650-845-7728
Email cdeguzman@telik.com


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