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Leading The Development of Transdermal Neuromodulation Technology Company Overview Neurowave Medical Technologies (NMT) was established in late 2006 with the acquisition of the neuromodulation division of Abbott Laboratories. NMT designs, develops, and manufactures advanced transdermal neuromodulation devices for the treatment of a wide range of acute and chronic conditions. Robust Proprietary Transdermal Neuromodulation Technology Platform Targeting at Multiple CNS & GI Regulated Conditions NMT’s mission is to develop products that can be used as “First Line” and “Best in Class” options vs. current pharmaceuticals 4 FDA Approved Indications Ready For Immediate Commercialization worldwide (CINV, PONV, PINV , GNV) Active Out-License/Partnering Strategy for Anti-Emetic products & Pipeline Indications From Technology Platform Developing Transdermal Products that have not only Proven Clinical Efficacy, Limited Side Effects, but also Provide Economic Value for Patient & Providers 2 Table of Contents Clinical Information • Efficacy in CINV • Safety Device Technical Specifications • Generation I • Generation II • Generation III Mechanism of Action • Overview CLINICAL INFORMATION 4 Clinical Highlights Across Indications More than 23 articles published in peer reviewed US/European medical journals for PONV, CINV and NVP patient populations: Key findings include: Efficacy comparable to current “best in class” 5-HT3 RAs anti-emetics Significant improvement in efficacy when device + 5-HT3 RAs used in combination (60%+ risk reduction vs. with Ondansetron or device alone) 50-60% relative risk reduction when used as a first-line treatment compared to gold standard of 25% risk reduction Significant reduction in total anti-emetic drug usage Significant Quality of Life (QOL) improvements for patients Significant improvement in patient satisfaction Safety profile results in reduction adverse events Summary of CINV Clinical Studies (1 of 2) • Pearl ML, Fischer M, McCauley DL, et al. Transcutaneous electrical nerve stimulation as an adjunct for controlling chemotherapy-induced nausea and vomiting in gynecologic oncology patients. Cancer Nurs. 1999;22(4):307-11. – Severity of nausea significantly lower in stimulation group on days 2-4 • Shen J, Wenger N, Glaspy J, et al. Electroacupuncture for control of myeloablative chemotherapy-induced emesis: A randomized controlled trial. JAMA. 2000;284(21):2755-61.* – Stimulation vs. Sham vs. Pharmacotherapy – Median Emesis: 5 vs. 10 vs. 15, p <0.05 – Mean Emesis: 6.29 vs. 10.73 vs. 13.41, p <0.05 • Ozgür Tan M, Sandikçi Z, Uygur MC, et al. Combination of transcutaneous electrical nerve stimulation and ondansetron in preventing cisplatin-induced emesis. Urol Int. 2001;67(1):54-8. – Active vs. Drug vs. Combination – Nausea: 5.12 vs. 2.54 vs. 0.8, p = 0.000 – Emetic Episodes: 3.16 vs. 1.64 vs. 0.56, p <0.001 • Roscoe JA, Morrow GR, Bushunow P, et al. Acustimulation wristbands for the relief of chemotherapy-induced nausea. Altern Ther Health Med. 2002 ;8(4):56-7, 59-63. – Exploratory study with no antiemetic controls in place – Active stimulation vs. no stimulation – Pill count: 4.1 vs. 6.6, p =0.03 *uses percutaneous stimulation with similar stimulation parameters Summary of CINV Clinical Studies (2 of 2) • Roscoe JA, Morrow GR, Hickok JT, et al. The efficacy of acupressure and acustimulation wrist bands for the relief of chemotherapy-induced nausea and vomiting. J Pain Symptom Manage. 2003;26(2):731-42. – – – – – • Treish I, Shord S, Valgus J, et al. Randomized double-blind study of the Reliefband as an adjunct to standard antiemetics in patients receiving moderately-high to highly emetogenic chemotherapy. Support Care Cancer. 2003;11(8):516-21. – – – – • Some issues with patient compliance documented, gender difference in study results Stimulation vs. Control Men, Vomiting: 16% vs. 50%, p <0.05 Men, Worst nausea Tx Day: 1.6 vs. 2.9, p <0.05 Men, Worst nausea overall: 2.6 vs. 4.1, p <0.05 Stimulation vs. Control Days 1-5 Vomiting: 1.9 vs. 4.6, p =0.05 Days 1-5 Retching: 1.4 vs. 3.6, p =0.049 Days 1-5 Nausea: 1.54 vs. 3.1, p =0.018 Choo SP, Kong KH, Lim WT et al. Electroacupuncture for refractory acute emesis caused by chemotherapy. J Altern Complement Med. 2006 Dec;12(10):963-9.* – First Cycle (no stimulation) vs. Second Cycle (stimulation) – Median episodes vomiting: 6 vs. 1, p <0.0001 *uses percutaneous stimulation with similar stimulation parameters Clinical Study Pearl ML, Fischer M, McCauley DL, et al. Transcutaneous electrical nerve stimulation as an adjunct for controlling chemotherapy-induced nausea and vomiting in gynecologic oncology patients. Cancer Nurs. 1999;22(4):307-11. Patient Response 100% 90% 80% % patients 70% 60% 50% 40% 30% 20% 10% 0% Felt device decreased N&V Wished to continue use Would pay for device Found device comfortable Would recommend device Severity of nausea was significantly lower in the active device group for Days 2-4 n=42 Randomized, double-blind, parallel subjects with cross-over trial, standard antiemetic protocol Group 1 Sham NometexTM Group 2 Active NometexTM Clinical study was conducted using the ReliefBand®, an earlier version of Nometex™ Clinical Study Shen J, Wenger N, Glaspy J, et al. Electroacupuncture for control of myeloablative chemotherapy-induced emesis: A randomized controlled trial. JAMA. 2000;284(21):2755-61. Emetic Episodes (Days 1-5) 16 14 # episodes 12 10 8 6 * * 4 2 0 Total Emesis Episodes (Median) p<0.001 Total Emesis Episodes (Mean) p<0.001 n=104 All breast cancer patients receiving cyclophosphamide, cisplatin, carmustine; All receive prochlorperazine, lorazepam, diphenhydramine hydrochloride n=34 Standard Treatment n=33 Sham Needling n=37 Electro-acupuncture * = Statistically Significant Clinical Study Ozgür Tan M, Sandikçi Z, Uygur MC, et al. Combination of transcutaneous electrical nerve stimulation and ondansetron in preventing cisplatin-induced emesis. Urol Int. 2001;67(1):54-8. Efficacy 6 Score/# episodes 5 4 3 2 * * 1 0 Mean Nausea Scores (p = 0.000) Mean Emetic Attacks (p = 0.000) n=25 All patients undergoing BEP or MVEC chemotherapy Group 1 Ondansetron (12 mg/day) Group 2 Ondansetron + Active NometexTM Group 3 Active NometexTM * = Statistically Significant Clinical study was conducted using the ReliefBand®, an earlier version of Nometex™ Clinical Study Roscoe JA, Morrow GR, Bushunow P, et al. Acustimulation wristbands for the relief of chemotherapy-induced nausea. Altern Ther Health Med. 2002 ;8(4):56-7, 59-63. Nausea Severity and Antiemetic Use 7 6 Severity/# pills 5 * 4 3 2 1 0 Average Nausea (p > 0.05) Acute Nausea (p > 0.05) Delayed Nausea ( p < 0.06) Antiemetic Use (p = 0.03) n=27 All chemo patients receiving treatment on Days 1-5, 3-level crossover Group 1 Standard care Group 2 Sham Location Active NometexTM Group 3 Active NometexTM * = Statistically Significant Clinical study was conducted using the ReliefBand®, an earlier version of Nometex™ Clinical Study Roscoe JA, Morrow GR, Hickok JT, et al. The efficacy of acupressure and acustimulation wrist bands for the relief of chemotherapy-induced nausea and vomiting. J Pain Symptom Manage. 2003;26(2):731-42. Male Patients (n=55) Vomiting Female Patients (n=645) Nausea 5 50% 4.5 40% 4 * * 3.5 30% Mean score % of patients 60% * 20% 10% 3 2.5 2 1.5 0% Emetic Episodes (p < 0.05) 1 0.5 4.5 Male Patients (n=55) Nausea 0 Delayed Nausea (p < 0.05) Overall Nausea (p < 0.05) 4 Mean score 3.5 * 3 2.5 2 * 1.5 1 0.5 0 Acute Nausea (p < 0.05) Overall Nausea (p < 0.05) n=739 All patients with treatment regimen containing cisplatin or doxorubicin Group 1 Standard care Group 2 Standard care + acupressure Group 3 Standard care + NometexTM * = Statistically Significant Clinical study was conducted using the ReliefBand®, an earlier version of Nometex™ Clinical Study Treish I, Shord S, Valgus J, et al. Randomized double-blind study of the Reliefband as an adjunct to standard antiemetics in patients receiving moderately-high to highly emetogenic chemotherapy. Support Care Cancer. 2003;11(8):516-21. Efficacy (Days 1-5) Acute CINV (Day 1) 2.5 5 4 1.5 1 * 0.5 0 # mean episodes # mean episodes 4.5 2 3.5 3 2.5 2 1.5 * * * 1 Emetic episodes (p=0.25) Nausea score (p=0.028) 0.5 0 3.5 # mean episodes Vomiting episodes Retching episodes Severity of Nausea (p=0.05) (p=0.049) (p=0.018) Delayed CINV (Day 2-5) Doses of breakthrough medications (p=0.17) 3 2.5 n=49 All patients received moderate-highly emetogenic chemotherapy; Antiemetics: Ondan (8 mg), Dex (20 mg/8 mg) n=20 Inactive NometexTM n=24 Active NometexTM * 2 1.5 1 0.5 * 0 Emetic episodes (p=0.032) Nausea score (p=0.02) * = Statistically Significant Clinical study was conducted using the ReliefBand®, an earlier version of Nometex™ Clinical Study Choo SP, Kong KH, Lim WT et al. Electroacupuncture for refractory acute emesis caused by chemotherapy. J Altern Complement Med. 2006 Dec;12(10):963-9. Acute CINV Acute CINV 90% 8 80% 7 70% % of patients # of episodes 6 5 4 * 3 60% 50% 40% 30% 20% 2 * * 10% 1 0% 0 Median Emetic Episodes (p < 0.0001) NCI Grade 3-4 Vomiting (p NCI Grade 2-3 Nausea (p < = 0.012) 0.0001) n=27 All patients received Doxorubicin based chemo in combination with AC or CHOP; All received Ondan (8 mg) + Dex (8 mg) Cycle 1 All patients received standard antiemetic treatment Cycle 2 All patients received electro-acupuncture in conjunction with antiemetics * = Statistically Significant DEVICE HISTORY 15 Overview of Device Development Generation I (1999 – 2001) • Technology miniaturization • Key neuromodulation component integration • Proprietary wave form design and development • 1st generation electrode design configuration • Adjustable power/pulse levels Moving from Prototype Model to Mass Production Generation II (2001 – 2004) • Pulse generator design enhancement • Patient controllable user interface • Further integration of wave form and pulse design for enhanced clinical efficacy Key Innovations to increase patient compliance and efficacy Generation III (2004 – 2008) • A patented electrode and lead design to enhance pulse delivery • Development of power regulation systems • Enhancement of software for modulation and waveform delivery • Extended length device capable of being a Single Patient Use (SPU) Device Additional developments in a SPU unit with consistent and efficacious therapy delivery Key Technological Features & Benefits • Constant Current Output – Ensure patient comfort and safety regardless of changes in skin impedance • Zero Net Current Waveform – No build up of electrical energy in tissue • Proprietary Waveform – No short term habituation with nerve stimulation thereby maintaining an indefinite therapeutic window • Low Energy Output – Achieves stimulation at 30% of the energy found in a traditional nerve stimulator • Advanced Power Management – Stimulation is consistent throughout device life Currently marketed model has incorporated key technological features 20 NMT Technology vs TENS Low energy output NMT-OTC NMT-Rx Tens Device Output Current and Voltage amplitude • Minimum 10mA • Maximum 35mA/ 110 Volts (open circuit, no load) • Minimum 10mA • Maximum 40mA/ 110 Volts (open circuit, no load) • Estimation • Minimum 8.75mA • Maximum 250mA (500 ohms load) Charge Delivered Per pulse • Approximately 2.7 microcoulombs • Maximum 3.1 microcoulombs at +15% tolerance, (500 ohm load) • Approximately 3.1 microcoulombs • Maximum 3.5 microcoulombs at +15% tolerance, (500 ohm load) • Minimum 7 microcoulombs • Maximum 75 microcoulombs (500 ohm load) Operating Temperature • 50°F to 113°F (10°C to 45°C) • • 0°C to 50°C • 31Hz • 31Hz • 50 to 500Hz • 350 microseconds • 350 microseconds • Less than 800 microseconds Vibration frequency Mechanical shock Duration 50°F to 113°F (10°C to 45°C) Reference: 1.TF-01 Rev D OTC ReliefBand-signed; 2. TF-02 Rev F Rx Relief Band; 3. AAMI Standard Transcutaneous electrical nerve stimulators Clinical Study 35 35 30 30 25 25 # of patients # of patients Yong H.Kim, Kyo S, Hee J.Lee, et al. A Study on the efficacy of several neuromuscular monitoring modes at the P6 acupuncture point in preventing postoperative nausea and vomiting Anesth Analg 2011; 112:819-23 PONV at 6h PONV at 24h 20 15 * 10 * * 20 15 * * 10 * 5 5 0 0 Nausea (p=0.044*) Vomiting (p=0.002*) n=52 Group Tetanus N=53 Group DBS n=53 Group TOF n=52 Group ST n=54 Group Control Total PONV (p=0.022*) Rescue antiemetics (p=0.084) * = Statistically Significant between control and tetanus groups Nausea (p=0.001*) Vomiting (p=0.001*) Total PONV (p=0.038*) Rescue antiemetics (p=0.365) Tetanus (50 mA, 50 Hz) over the median nerve showed significant reduction in PONV when compared to ST stimulation over the ulnar nerve. Waveform Comparison – Kim et al 2011 Tetanus is brute force version of NMT waveform Waveform [shape] Amplitude Pulse Width Frequency ST [square] 50 mA 0.2 ms 1 Hz TOF [square] 50 mA 0.2 ms 1 TOF/15 s 50 mA 0.2 ms, 750 ms interval Double burst every 20 s, 50 Hz N/A 50 Hz, 5 s every 10 mins DB [square] Tetanus [square] NMT-Rx [damped] 50 mA 10-40 mA, 0.31 ms biphasic 31 Hz Visual MECHANISM OF ACTION Mechanism of Action NMT’s device generates a proprietary programmed pulse in the range of 1040 mA (depending on settings and clinical need as determined by the patient and physician). These pulses stimulate neurons in the median nerve pathway creating an action potential. The cascading action potentials are sent via median nerve into the brachial plexus which then enter the cervical spinal cord and travel into the spinothalamic tract which sends signals to the brainstem. The action potentials created reach the brainstem emetic control center. The action potentials activate various key neurons within the brainstem emetic (vomiting) control center and may override or stimulate some of the gated ion channel movements created by emetic agonists. Neurons within the emetic center then create an action potential that regulates the GI tract via the vagus nerve. The interstitial cells of Cajal (ICC), known as the pacemakers of the GI tract, receive the action potentials via the vagus nerve. 1. Silverthorn, Dee et.al. Human Physiology. San Francisco: Pearson/Benjamin Cummings, 2007. 2. Yoo SS, Teh EK, Blinder RA, et al. NeuroImage. 2004; 22: 932-940. 3. Geddes LA, Baker LE. Princ of App Biomed Instru. 1989; 732-747. 4. Schwartz RG. J of Back &Musc Rehab. 1998; 10(1):31-46. 5. Dilorenzo, J., Daniel and Joseph Bronzino. Neuroengineering. Boca Raton: CRC Press, 2008. 6. Michael, Adrian and Laura Borland. Electrochemical Methods for Neuroscience. Boca Raton: CRC Press/Taylor & Francis, 2007. The waveform of the action potentials sent to the ICC now directly affect the force and frequency of muscle contraction in the stomach. The now regulated stomach contractions allow relief from nausea and vomiting. Basic Science – Direct Inhibition • Dundee & Ghaly 1991, Belfast, Ireland 40 35 Number of Patients – 74 women undergoing minor gynecologic surgery – All received general anesthetic and other standard premedication – Patients received 1 ml saline or 1 ml 1% lidocaine over the median nerve prior to acustimulation for 5 minutes when under general anesthesia – The effect of nausea and vomiting relief was inhibited by lidocaine injection Emetic Sequelae (0-6 Hours Postop) 30 25 Neither 20 Nausea 15 Vomiting 10 5 0 Saline (n=37) Lidocaine (n=37) When only comparing vomiting, Χ2 = 8.50, p = 0.0139 Basic Science – Brain Modulation Bai et al 2010: Stimulation of the PC6/Median Nerve compared to PC7 (distal to PC6 on median nerve) and GB37 (above the lateral malleoulus) showed: 1. Decreased Response in the limbic/paralimbic-cerebellum and subcortical areas 2. Modulation of: 1. Insula – visceral motor function e.g. nausea, vomiting, gastro disorders Figure 3. Group results of brain activity patterns 2. Flocculonodular lobe – under different epochs following acupuncture at vestibulocerebellum e.g. motion PC6, PC7, and GB37. Statistical significance was disorders thresholded at P < 0.005 (uncorrected) and a 3. Hypothalamus – autonomic minimum cluster size of five voxels. Representative regulation of visceral functions color-coded statistical maps exhibited the distribution 3. Sustained effects beyond the of foci with significant increases (shown in the stimulation phase e.g. potential spectrum from orange to yellow) and decreases (shown in blue), relative to the respective baseline dosing regimen as part of treatment condition. Amy, amygdala; Hypo, hypothalamus. Basic Science – Normalization of Gastric Motility • Hu, Stern, & Koch 1990, Penn State Subjective Symptoms of Motion Sickness & Gastric Tachyarrhythmia – Nausea induced with optokinetic drum and EGG recorded via stomach electrodes – 20 mA, 10 Hz, biphasic waveform for active stimulation – Control was no stimulation with false electrodes – Experiment 1 with Chinese subjects – Experiment 2 with Caucasian and African American subjects SSMS & Spectral Intensity of Gastric Tachyarrhythmia for Three Groups 60 50 40 SSMS - Drum Rotation 30 Baseline 20 Drum Rotation 10 0 Stimulation Sham (n=15) No (n=15) Stimulation (n=15)