The document describes the development of the protein inhibitor AP24534 (Ponatinib) for treatment of chronic myeloid leukemia (CML). AP24534 was shown to inhibit the BCR-ABL protein, including the drug-resistant T315I mutation. Crystallography analysis revealed that AP24534 binds to BCR-ABL in the inactive conformation and maintains similar protein contacts as Imatinib. A phase I clinical trial found that AP24534 was selectively toxic to CML cells and active against T315I.