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Dual Hispano-Italian spin-out from Aromics SL and Naxospharma SRL Company Overview [email protected] Business Model Products and Cancers Two first-in class compounds NAX014 and NAX035, chemically related to berberine, in preclinical development targeted to the treatment of: Poor prognosis breast cancer (BC), by impairing the human epidermal growth factor receptor 2 (HER2) expression. BC is worth USD 10bn with forecast 5% CAGR reaching more than USD 15bn in 2022. Sales for HER2 + BC accounted for about 45% of major markets in 2013 and will continue to do so through 2022. Malignant mesotheliomas (MTs), by downregulating cellular levels of overexpressed thymidylate synthase (TS). MTs are worth USD 165m with forecast 4.1% CAGR reaching more than USD 218m in 2017. Major incidence peak in the next 15-20 years. Market dominated by Pemetrexed + Cisplatin; Pemetrexed patent expires in 2016. Berberine Berberine is an interesting and attractive natural lead compound Innovative proprietary* compounds obtained via rational chemical modifications of berberine structure leading to a new class of derivatives presenting more selective medical indications Berberine Compounds with a new mechanism of action, high antitumour efficacy and good tolerability *) Patent Protection: freedom to operate on US Patent 8,188,109B2 Granted on May 29, 2012 to Naxospharma - priority July 20, 2009. Application extended in EU, Japan, Australia, New Zealand Product Candidate - NAX014 Project: Berberine-derived anticancer drugs against HER2+ tumours a . First Clinical Candidate Compound: NAX014 Therapeutic focus: HER2+ Breast Cancer NAX014 Unique ability to reduce HER2 expression in breast cancer cells, trough a mechanism different from available drugs In vitro activity at µM concentrations In vivo antitumour and anti-metastatic efficacy by oral administration on HER2 expressing breast cancer transgenic model Tolerability at the effective doses a) HER2 (human epidermal growth factor receptor 2) is amplified and overexpressed in 20–30% of invasive, poorly responsive breast cancers. Today’s Therapies for HER2+ BC DRUG Company MOA Use - Cost x mth & FDA Approval (yr) Trastuzumab Herceptin® Genentech (US) Roche (EU) Monoclonal Antibody against HER2 receptor Combo with 2006 Chemio $4,500 Pertuzumab Perieta® Genentech Monoclonal Antibody against HER2 receptor Combo with 2012 Chemio & Herceptin $6,000 TDM-1 Kadcycla® Genentech Antibody-drug conjugate Single agent 2013 $9,800 Lapatinib Tykerb® GSK Ado-Trastuzumab emtansine EGFR & HER-2 tyrosine kinases inhibitor Combo with 2007 Chemio $3,625 Competitive landscape Drugs in Phase III clinical development Compound (Company) Mechanism of Action BKM120, LEE011 (Novartis) Palbociclib (Pfizer) Neratinib (Puma Biotechnology) Afatinib (Boehringer Ingelheim) Kinase inhibitors Targeting HER2 downstream pathway MM-302 (Merrimack) HER2 targeted antibody-drug conjugated nanoliposomal doxo SB3 (Samsung Bioepis Co) PF-05280014 (Pfizer) APB980 (Amgen) trastuzumab biosimilar: "me-too's" of currently used antibodies (e.g. trastuzumab), Targeting the transmembrane HER2 receptor domain UDT1 (Beijing Biostar Technologies) Tubulin inhibitor (epothilone) Product Candidate - NAX035 Project: Berberine-derived anticancer drugs modulating overproduction of Thymidylate Synthase (TS) First Clinical Candidate Compound: NAX035 Therapeutic focus: Malignant mesotheliomas and (drug-resistant) cancers overproducing TS NAX035 Novel mechanism of action, targeting the expression of TS protein differently from available TS inhibitor anticancer drugs In vitro activity at µM concentrations Efficacy on chemo-resistant tumour cells In vivo antitumour efficacy by oral route on human mesothelioma Tolerability at the effective doses Today’s Pleural MT Therapies Drug Pemetrexed Alimta® Company EliLilly MOA, schedule and Toxicity Folate antimetabolite, TS inhibitor, and dihydrofolate reductase, glycinamide ribonucleotide formyl transferase inhibitor. Dose: 500 mg/m2 IV infusion; 21-day cycle, followed 30 min later by cisplatin (recommended dose 75 mg/m2). To reduce toxicity, patients are supplemented with folic acid and vitamin B12 and are pre-medicated with a corticosteroid USE, Cost x Year & FDA approval (yr) Pleural MT in Combo with Cisplatin $24,000 2004 Competitive landscape Drugs in Phase III clinical development Compound (Company) MOA MT Type NGR-hTNF (MolMed)* Vascular target agent Pleural Raltitrexed (Astra Zeneca) Folate antimetabolite Pleural Tremelimumab (Astra Zeneca) Mab CTLA-4 Pleural, peritoneal Onconase with Doxorubicin (Alfacell Corporation) Ribonuclease enzyme Pleural , peritoneal Vorinostat (Merck Sharp & Dohme) Histone deacetylase inhibitor Pleural Pemetrexed and Cisplatin + Monoclonal Antibody Bevacizumab (Genentech/Roche) against VEGF May 2014: Fails to improve OS in 2nd-line mesothelioma (Add On to invest. choice) Pleural Activity Plan, Costs and Milestones (1) from PC selection to PC approval NAX014 or NAX035 – Activity Plan from PC selection to PC approval Activity Project Milestones CHEMISTRY PHARMACOLOGY TOXICOLOGY PK-ADME CMC MANUFACTURING REGULATORY DOCUMENTS Year 1 (500 K€) Q1 Q2 Q3 Q4 PC Approved Abbreviations: PC = Product candidate. Milestone Activity Achievements PC Approved Pharmacology MOA demonstrated in vivo on experimental tumour model Acceptable toxicity profile (manageable, monitorable, reversible) (go/no go) Acceptable bioavailability Toxicology (non-GLP) PK/ADME Milestones (2) from PC to Clinical PoC NAX014 or NAX035 Milestones and go/no go decision points from PC approved to Clinical PoC Milestone 1: FTIM Activity Achievements Toxicology (GLP) Acceptable toxicity profile (manageable, monitorable, reversible, predictable) (go/no go) Viable formulation (capsule) for oral administration with CMC Manufacturing shelf life of at least 1 years at RT Regulatory Documents Protocol approval by Health Authorities Clinical 2: Clinical PoC Tolerability as single agent better than/comparable with other approved agents (go/no go) PK reached in man should reach exposures sufficient to achieve PoC Efficacy Abbreviations: PC = Product candidate; FTIM = First Time in Man; PoC = Proof-of-Concept; RT = Room Temperature Management Team Management & Co-founders Cristina Geroni, CEO •35+yr Oncology R&D Farmitalia, Pharmacia, Pfizer •Licensing-out oncology drugs •>55 patents Carmen Plasencia. •CEO of Aromics (Barcelona, Spain) •biochemistry, biomedicine, molecular biology, proteomics, genomics in oncology research Carmela Salvatore , COO Narcis Clavell, •15+yr preclinical Oncology R&D Menarini Ricerche •Development of oncology clinical candidates •Engineer, MBA •Co-owner of Aromics (Barcelona, Spain) •Founder and owner of ATEKNEA SOLUTIONS S.A. Paolo Lombardi, CSO •35+yr Oncology R&D Farmitalia, Menarini, IBI, Chrysalon •CEO of Naxospharma (Italy) •Discovered Aromasin for BC therapy (global market) •>60 patents Advisor Federico M Arcamone •40+yr Oncology R&D Farmitalia, Menarini Ricerche •Discovered anticancer drugs doxorubicin, idarubicin, epirubicin (global market) •Board of Naxospharma •>100 patents we-know-how-to-do-because-we-have-already-done-it Company profile City: Jesi (AN) Country: ITALY Industry: Healthcare Sector: Pharmaceuticals Subsector: ONCOLOGY Founded in: 2013 Skilled Team with a track record of achievements in Innovative compounds Oncology R&D to overcome current therapies drawbacks [email protected]