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Scientific Discoveries Allow Development of Targeted Therapeutics for Individuals with Autism Spectrum Disorders Randall L. Carpenter, M.D. Co-Founder, President and CEO August 9, 2012 Research Supported by: NIMH, NICHD, NINDS Best Pharmaceuticals for Children Act FRAXA & Autism Speaks Outline • Our approach • Challenges in translating scientific discoveries into novel therapeutics • Our case history • Lessons learned Vision and Strategic Focus Translate Scientific Discoveries into Therapeutics that Improve the Lives of Individuals with Autism • Understand Causes of Autism Single gene disorders pathogenesis druggable targets • Prioritize Disease-modifying Therapeutics • Small, Smart POC Trials in Single Gene Disorders • Bio-markers/signatures Personalized Medicine • Establish Broad Strategic Collaborations Fragile X Syndrome • Most common known genetic cause of autism and intellectual disability • Results from mutation in a single gene that prevents expression of a single protein – FMRP • Function of FMRP conserved from fly fish mouse Seaside’s Approach to Translational Medicine in FXS 5 The Promise of Molecular Medicine Human with Autism Phase 2/3 Trials (2012) Novel STX209 therapeutics (2007) Gene discovery Target ID and drug development Disease models Disease pathophysiology Basic neurobiology 6 STX209 Study in Individuals with ASD • Study will complete this month, 150 subjects – – – – Double-blind, placebo-controlled, parallel group 12 weeks treatment duration Age 5-21 years Biomarker investigations • Study results by end of year 7 Costs to Discover and Develop a New Drug Basic Research 209 107 $19mm, 5.5 years $281mm Traditional Philanthropy Government & Universities Pharma / Biotech NIH Financing Gap Foundations Venture Philanthropy Angels Venture Capital Private Equity Public Markets Paul SM, Nature Rev Drug Discov, 2010 9 11 Phase 2/3 Clinical Trials Ongoing in FXS and Autism Glutamate (and GABA) receptors at excitatory synapses Presynaptic axon terminal Postsynaptic dendritic spine GABAB R STX209 + STX107 mGluR5 Pharmacologic Rescue with mGluR5 Inhibitors • Efficacy in multiple animal models of fragile X suggests evolutionary conservation • As of April 1, 2012 - 40 distinct phenotypes - 31 papers 13 14 Fragile X phenotype: Corrected by Corrected by mGluR5 inhibition? STX209? Collaborator Excess protein synthesis Peter Vanderklish Scripps Excess spine density Peter Kind Edinburgh Steve Warren Emory Richard Paylor Baylor Richard Paylor Baylor Excess AMPAR turnover Excess excitability (AGS) Excess marble burying 15 15 Diverse genetic mutations converge on brain signaling pathways that regulate synaptic function Auerbach, Osterweil, Bear. Nature 2011 16 Mutations Causing Syndromic Autism Define an Axis of Synaptic Pathophysiology Auerbach, Osterweil, Bear. Nature 2011 17 Translational Medicine / Research • Requires deep expertise and coordinated efforts in multiple disciplines – Large Pharma / Biotech – Collaborations between Academics-IndustryNIH-Foundations-Venture Philanthropy Seaside’s Collaborative Business Model • Foundations – FRAXA, Autism Speaks/NAAR/CAN, NFXF • Merck & Co, Inc. – Merck-Seaside mGluR5 NAM collaboration • NIH UO1 Translational Research Cooperative Agreement – NIMH, NICHD/BPCA, NINDS, FRAXA, Autism Speaks • Baylor Medical Center – Richard Paylor, PhD – Behavioral Research Collaboration (plus Autism Speaks and NIH) • Vanderbilt University – P. Jeff Conn, PhD – Vanderbilt Institute of Chemical Biology Program in Drug Discovery • Academic Scientists and Clinicians • Family Members and other Concerned Individuals • F. Hoffman-La Roche Ltd – Roche-Seaside Alliance Lessons Learned • Fundraising is the biggest challenge – We secured venture philanthropy seed funding – Grant applications can augment funding • Intellectual property is critical – File patents for basic research discoveries • use of Group I mGluR antagonists to treat disorders of brain development (fragile X, autism) – Our patents facilitated licensing mGluR5 antagonists from Merck & Co Inc. – GABA-B patents enable financing of STX209 development • Collaborative business model is a necessity Recommendations • Focus on the ultimate goal - successful development of novel therapeutics – – – – Resist incentives to over-value your contribution Align shareholder interests Share upside: 100% of nothing = nothing Consider open-source initiatives Translating breakthrough discoveries in neurobiology into innovative drug treatments that improve the lives of patients and families with fragile X syndrome, autism and other neurodevelopmental disorders