Brexanolone for Treatment of Postpartum Depression (PPD) - November 2, 2018 Sage Therapeutics, Inc. Joint Meeting of the Psychopharmacologic Drugs ...

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Brexanolone for Treatment of Postpartum Depression (PPD) - November 2, 2018 Sage Therapeutics, Inc. Joint Meeting of the Psychopharmacologic Drugs ...
CO-1

Brexanolone for Treatment of
Postpartum Depression (PPD)

November 2, 2018
Sage Therapeutics, Inc.
Joint Meeting of the Psychopharmacologic Drugs Advisory
Committee (PDAC) and Drug Safety and Risk Management
Advisory Committee (DSaRM)
Brexanolone for Treatment of Postpartum Depression (PPD) - November 2, 2018 Sage Therapeutics, Inc. Joint Meeting of the Psychopharmacologic Drugs ...
CO-2

Brexanolone for Treatment of
Postpartum Depression (PPD)

Stephen Kanes, MD, PhD
Chief Medical Officer
Sage Therapeutics, Inc.
Brexanolone for Treatment of Postpartum Depression (PPD) - November 2, 2018 Sage Therapeutics, Inc. Joint Meeting of the Psychopharmacologic Drugs ...
CO-3

     Postpartum Depression (PPD) is Serious and
     Common

      Most common medical complication of childbirth
        Affects 1 in 9 women who have given birth in US1
        400,000 women annually2
      Many women blindsided by onset of depression
      No approved treatment options indicated for PPD

1. Ko, 2017; 2. CDC birthrate statistics, 2017
Brexanolone for Treatment of Postpartum Depression (PPD) - November 2, 2018 Sage Therapeutics, Inc. Joint Meeting of the Psychopharmacologic Drugs ...
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      Proposed Mechanism of Disease of PPD

          Fluctuations in
                                                      Reduced GABA                 Dysregulated Neural      Postpartum
      Neuroactive Steroids
                                                        Function2                      Network3,4        Depressive Episode
      in Peripartum Period1

1. Deligiannidis, 2013; 2. Licheri V, 2015; 3. Duan C, 2017; 4. Fiorelli M, 2015
Brexanolone for Treatment of Postpartum Depression (PPD) - November 2, 2018 Sage Therapeutics, Inc. Joint Meeting of the Psychopharmacologic Drugs ...
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Brexanolone Modulates GABAA Receptors and
May Enhance Network Inhibition
                                   Presynaptic
 Chemically identical to            terminal

  endogenous
  allopregnanolone
 Positive allosteric modulator                                          α    β
                                                                                         GABA
                                                                                          site

  of synaptic and                                  GABA
                                                          Neuroactive
                                                          steroid site

  extrasynaptic GABAA
  receptors                                                              Extrasynaptic
                                  Synaptic GABAA                            GABAA
 Produces rapid and                 receptors                             receptors

  sustained effects on             Postsynaptic
  GABAA receptor activity            terminal
Brexanolone for Treatment of Postpartum Depression (PPD) - November 2, 2018 Sage Therapeutics, Inc. Joint Meeting of the Psychopharmacologic Drugs ...
CO-6

Network Dysregulation Associated with
Depression

                           GABAA receptors regulate
                            inhibition of brain networks

                           Brexanolone hypothesized
                            to alter symptoms of PPD
                            by resetting dysregulated
                            brain networks
Brexanolone for Treatment of Postpartum Depression (PPD) - November 2, 2018 Sage Therapeutics, Inc. Joint Meeting of the Psychopharmacologic Drugs ...
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Brexanolone Designated as Breakthrough Therapy
for PPD

 Breakthrough Therapy expedited development program
    Serious condition
    Preliminary clinical data indicate substantial improvement
      over currently available therapy
 Development program designed in consultation with FDA
 First registration program specifically for PPD
 Largest placebo-controlled PPD dataset collected
Brexanolone for Treatment of Postpartum Depression (PPD) - November 2, 2018 Sage Therapeutics, Inc. Joint Meeting of the Psychopharmacologic Drugs ...
CO-8

Proposed Brexanolone Indication

 Brexanolone injection is indicated for the treatment of
  postpartum depression.

    Onset during pregnancy or after delivery
    Treated postpartum
Brexanolone for Treatment of Postpartum Depression (PPD) - November 2, 2018 Sage Therapeutics, Inc. Joint Meeting of the Psychopharmacologic Drugs ...
CO-9

Brexanolone: Single Administration Over 60 Hours
as Continuous Infusion

 Patient weight-based dosing
 Recommended maximum dosing
  regimen is 90 µg/kg/h
    Includes titration and taper
CO-10

Brexanolone PPD Clinical Studies

                             Key Studies

   Proof of
   Concept      Study 202A   Study 202B    Study 202C
Study PPD 201
CO-11

Brexanolone Clinical Pharmacology Program

Study                     Population                              Objective
101                 Healthy male volunteers                 Metabolism/excretion
        Non-dependent healthy subjects experienced with
102                                                        Human abuse potential
              recreational CNS depressant drugs
                Patients with hepatic impairment
103                                                               Safety/PK
                       Healthy volunteers
                 Patients with renal impairment
104                                                               Safety/PK
                       Healthy volunteers
105                   Healthy volunteers                    Drug/Drug interaction
106                   Healthy volunteers                          QT study
107                   Healthy volunteers                  Bioavailability/food effect
108           Healthy lactating female volunteers         Breast milk concentrations
CO-12

Brexanolone Provides Rapid, Stable Reduction in Depressive
Symptoms with Principles for Safe Administration

 Rapid reduction in depressive symptoms within 2.5 days
 Well-characterized safety profile consistent with GABA
  mechanism of action
 Principles for safe administration
CO-13

Agenda
                        Samantha Meltzer-Brody, MD                      University of North Carolina
Unmet Need for          Ray M. Hayworth Distinguished Professor         at Chapel Hill
Postpartum Depression   of Mood Disorders
Treatment               Associate Professor, Department of Psychiatry   UNC Center for Women’s Mood
                        Director, Perinatal Psychiatry Program          Disorders
Brexanolone Clinical
                        Christopher Silber, MD
Study Design and                                                        Sage Therapeutics, Inc.
                        Senior Vice President, Clinical Development
Efficacy
                        Helen Colquhoun, MD
Brexanolone Safety                                                      Sage Therapeutics, Inc.
                        Vice President, Medical Science

                                                                        University of North Carolina
Clinical Perspective    Samantha Meltzer-Brody, MD                      at Chapel Hill

                        Amy Schacterle, PhD
Q&A Moderator           Senior Vice President, Regulatory Affairs       Sage Therapeutics, Inc.
                        and Quality Assurance
CO-14

Additional External Experts
                           Associate Professor of Psychiatry, Ob/Gyn, and
                           Quantitative Health Sciences
                           University of Massachusetts Medical School
Nancy Byatt, DO, MS, MBA
                           Director, Women’s Mental Health Division
                           Medical Director, Massachusetts Child Psychiatry Access Program
                           (MCPAP) for Moms

                           Vice President, Product Development
Kendra Howard, PharmD      Option Care
                           Home and Alternate Treatment Site Infusion Services
CO-15

Unmet Need for Postpartum
Depression Treatment
Samantha Meltzer-Brody, MD, MPH
Ray M. Hayworth Distinguished Professor of Mood Disorders
Associate Professor, Department of Psychiatry
The University of North Carolina at Chapel Hill
Director, Perinatal Psychiatry Program
UNC Center for Women’s Mood Disorders
President Marcé of North America (Perinatal Depression Research Society)
CO-16

     PPD Distinct from Baby Blues

                 Baby Blues                  Postpartum Depression

     Normal emotional adjustment to    Meets DSM-5 criteria for major
      having a baby                      depressive episode
     Occurs in most women (≤ 80%)1     Persistent symptoms
     Transient symptoms                Impairs function for at least
       Mild mood lability               2 weeks
     No more than mild dysfunction     Warrants treatment
     Resolves within 10 to 14 days

1. NIMH, 2018.
CO-17

      PPD Homogenous Form of Major Depression

       Occurs in reproductive-aged women at discrete time point in
        3rd trimester of pregnancy or after childbirth
       Specific pathophysiology including hormonal fluctuations and
        genetic contributions
       More heritable than non-perinatal depression1
          44 to 54% in perinatal vs 32% in non-perinatal depression

1. Viktorin, 2016
CO-18

      PPD is Debilitating with Broad Range of Clinical
      Symptoms

           Low mood, decreased interest, unable to enjoy baby
           Anxiety, ruminating thoughts, vigilance
           Being unable to sleep even when baby is sleeping
           Interference with mother-baby relationship
           Untreated PPD may result in significant adverse consequences
            for child and family1

1. Netsi, 2018
CO-19

     Women with PPD May Experience Suicidal Ideation
     and Increased Risk for Suicide1

      Recent studies suggest postpartum suicidal ideation occurs in
       19% to 30% of women with PPD2-3
      Leading cause of maternal death following childbirth4
      Severe cases can have intrusive thoughts and fear of harming
       baby
         41% of women with PPD vs 7% in control mothers5
      Stigma around PPD symptoms

1. Savitz, 2011; 2. Mauri, 2012; 3.Wisner, 2013; 4. Oates, 2003; 5. Jennings, 1999
CO-20

     Women Suffering with PPD Often Not Diagnosed

      Screening for PPD is inconsistent
      National movement to improve standardized screening
        American College of Obstetricians and Gynecologists
          (ACOG) 4th trimester guidelines1
        California Maternal Mental Health legislation signed
          September 26, 20182

1. ACOG, 2018; 2. http://leginfo.legislature.ca.gov
CO-21

     Currently No Pharmacologic Therapies Approved
     to Treat PPD

     Standard of Care                 Limitations

                                         Approved for major depressive disorder
     SSRI antidepressant                 May take weeks to months for initial effect
     medications                         Many women do not achieve adequate
                                          response or symptom remission1

                     Patients and physicians need novel pharmacologic options

1. Molyneaux, 2014
CO-22

Great Need for New, Effective, Rapidly-Acting
Therapies for PPD

 Lasting negative effects associated with untreated or poorly
  treated PPD
 Clear unmet need for improved treatment options
 Effective and rapidly-acting medication would
    Reduce potential for significant morbidity and mortality
    Allow more positive interactions with mother and baby
CO-23

Brexanolone Clinical Study
Design and Efficacy

Christopher Silber, MD
Senior Vice President, Clinical Development
Sage Therapeutics, Inc.
CO-24

     3 Key Brexanolone Studies: 202A, 202B, and 202C
     Used Nearly Identical Study Designs

                                                       90 µg/kg/h
           Randomization
                                                                                            Follow-up          Follow-up
                                                 60 µg/kg/h (202B)
                                                                                             Day 7*             Day 30

                                                         Placebo

                                       Start Dose                        End Dose   Discharge
                                         Hour 0                           Hour 60    Hour 72

                    Screening                      Clinical Research Site                               Home

                                                                     Primary Endpoint
* 62% of patients in key studies also had visits at Days 14 and 21
CO-25

Dose Titration and Taper to Optimize Tolerability

        100
         90
         80
         70
         60
  Dose
          50
(µg/kg/h)
          40
         30
         20
                                                                 Brexanolone 90 dose regimen
         10                                                      Brexanolone 60 dose regimen
          0
               0   4   8     12    16   20   24     28    32      36    40    44   48    52    56    60
                                                  Time (hours)

                           Day 1                             Day 2                                  Day 2.5
CO-26

Key Study Entry Criteria

 Ages 18 to 45 years
 ≤ 6 months postpartum
 Major depressive episode verified by Structured Clinical Interview
  for DSM
    Onset 3rd trimester through 4 weeks postpartum
 Willing to temporarily cease breastfeeding
 Hamilton Rating Scale for Depression (HAM-D) total score prior to
  dosing of
    ≥ 26 (Studies 202A and 202B)
    20 to 25 (Study 202C)
CO-27

Primary Endpoint: 17-Item HAM-D

 Change from baseline in HAM-D total score at end of infusion
  (Hour 60)
 Valid and reliable scale used in clinical research
 One of several standard measures to quantify drug effect for
  approval
 Adapted for rapid onset of action for PPD
 Assessment standardized to minimize variability
CO-28

Key Secondary Endpoint and Additional Analyses

 Key secondary endpoint (202B and 202C)
   Change from baseline in HAM-D total score at Day 30
 Additional HAM-D analyses
   Change in total score over time
   Individual item scores
   Subgroup by baseline characteristic
   Response (50% reduction from baseline)
   Remission (total score ≤ 7 points)
 Clinical Global Impression Improvement (CGI-I) response
CO-29

Statistical Considerations Consistent Across
Key Studies

 Full Analysis Set (FAS): All randomized and dosed patients
 Primary statistical analysis for primary and key endpoints
   Mixed effects model for repeated measures (MMRM)
CO-30

   Few Patients Discontinued in Key Studies

                     Study 202A                      Study 202B                        Study 202C
                         N=21                            N=122                             N=104

                                                   Pooled Overall
                                                         N=247

                    Brexanolone 60                Brexanolone 90                      Placebo
                            n=38                         n=102                          n=107

                                                Adverse event (n=1)
  Reason for      Lost to follow-up (n=1)
                                                Lost to follow-up (n=3)       Lost to follow-up (n=2)
Discontinuation   Withdrawal by patient (n=2)
                                                Withdrawal by patient (n=4)

  Completed        Brexanolone 60                Brexanolone 90                      Placebo
    Study                   n=35                          n=94                          n=105
CO-31

Key Studies: Demographics Balanced Across
Treatment Groups
                                                             202A                       202B                          202C
                                                   BRX 90           PBO       BRX60     BRX90     PBO       BRX90            PBO
                                                    N=10            N=11       N=38      N=41     N=43       N=51            N=53
Age, years             Mean (SD)                   27 (5)           29 (5)    28 (6)    28 (6)    27 (6)    28 (6)           27 (6)

                       18 to 24 years                30               18        37        39        37        33               32
Age in categories, %
                       25 to 45 years                70               82        63        61        63        67               68

                       White                         30               45        66        71        63        57               62

Race, %                Black or African-American     70               55        32        20        35        43               36

                       Asian/Other                    -                -        3         10        2          -               2

                       Hispanic or Latino             -                -        8         17        16        20               26
Ethnicity, %
                       Not Hispanic or Latino       100              100        92        83        84        80               74

Baseline weight, kg    Mean (SD)                   87 (29)          77 (22)   87 (21)   81 (20)   82 (23)   87 (25)          87 (24)
CO-32

Baseline Characteristics in Key Studies

                                                           202A                     202B                       202C
                                                 BRX 90           PBO      BRX60    BRX90    PBO      BRX90           PBO
                                                  N=10            N=11      N=38     N=41    N=43      N=51           N=53

Antidepressant use at baseline, %                  30              27       32       24       28       18              19

Duration between delivery and index treatment, months

 Mean (SD)                                        4 (2)           3 (1)    4 (2)    4 (2)    3 (2)    4 (2)           3 (2)

Onset of current PPD, %

 3rd trimester                                     30              36       26       20       33       22              23

 Within 4 weeks after delivery                     70              64       74       81       67       78              77

Baseline HAM-D total score mean (SD)              28 (1)          29 (2)   29 (3)   28 (2)   29 (3)   23 (2)          23 (2)
Edinburgh Postnatal Depression Scale,
                                                  21 (4)          19 (4)   22 (3)   20 (4)   22 (3)   19 (4)          19 (4)
mean (SD)
CO-33

     Each Key Study Independently Demonstrated
     Brexanolone Efficacy: Study 202A

                   0                                                                  Brexanolone 90 (N=10)
                                                                                      Placebo (N=11)
                   -5

      LS Mean     -10
     Change in
       HAM-D                                                                                  ∆ = 12.2    ∆ = 11.9
    Total Score   -15                                                                         p=0.008     p=0.010
        (SE)

                  -20                               *
                                                                   *                               *             *
                                                                                  *
                  -25
                        0   4   8   12   16   20   24    28 32 36      40   44   48     52   56   60          Day 30
                                                        Time (hours)
*p < 0.05
CO-34

     Each Key Study Independently Demonstrated
     Brexanolone Efficacy: Study 202B
                                                                                                       Brexanolone 60 (N=38)
                        0                                                                              Brexanolone 90 (N=41)
                                                                                                       Placebo (N=43)
                       -5

                                                                                               BRX 90         ∆ = 3.7     ∆ = 3.8
      LS Mean         -10                                                                    vs Placebo       p=0.03      p=0.048
     Change in
       HAM-D
    Total Score       -15
        (SE)                                                        *                              *                *            *
                                                                                    *              *
                      -20
                                                                                                                    *             *
                                                                                               BRX 60          ∆ = 5.5    ∆ = 5.6
                                                                                             vs Placebo        p=0.001    p=0.004
                      -25
                            0     4     8     12     16     20    24      28 32 36      40   44   48     52   56   60          Day 30
                                                                         Time (hours)
*p < 0.05
At Hour 60: Brexanolone 60 (n=37) Brexanolone 90 (n=39) Placebo (n=43)
CO-35

     Each Key Study Independently Demonstrated
     Brexanolone Efficacy: Study 202C

                        0                                                                       Brexanolone 90 (N=51)
                                                                                                Placebo (N=53)
                       -5
                                                                                                       ∆ = 2.5    ∆ = 0.54
                                                                                                       p=0.016    p=0.671
      LS Mean         -10
     Change in
       HAM-D
    Total Score       -15                                                                   *
        (SE)                                                                                                *

                      -20

                      -25
                            0     4     8     12   16   20   24    28 32 36      40   44   48    52   56   60           Day 30
                                                                  Time (hours)
*p < 0.05
At Hour 60: Brexanolone 90 (n=49) Placebo (n=52)
CO-36

 Key Studies: Individual HAM-D Item Scores
 Consistently Favor Brexanolone at Hour 60
                                           Study 202B                                         Pooled
 Item Description                   Brexanolone 60 vs Placebo                        Brexanolone 90 vs Placebo
 Depressed mood
 Feelings of guilt
 Suicide
 Work and activities
 Insomnia – early
 Insomnia – middle
 Insomnia – late
 Retardation
 Agitation
 Anxiety psychic
 Anxiety somatic
 Somatic symptoms GI
 Somatic symptoms general
 Genital symptoms
 Hypochondriasis
 Loss of weight
 Insight
                             -1.2       -0.6     0.0        0.6         1.2   -1.2       -0.6     0.0        0.6     1.2
Brexanolone 60 (N=38)
Brexanolone 90 (N=102)      Favors Brexanolone         Favors Placebo         Favors Brexanolone        Favors Placebo
CO-37

Key Studies: Brexanolone Efficacy Consistent
Across Subgroups at Hour 60
                                                     Study 202B                             Pooled
Subgroup                                      Brexanolone 60 vs Placebo            Brexanolone 90 vs Placebo
Overall
                    18 to 24 years
Age
                    25 to 45 years
                    White
Race
                    African-American
                    Hispanic or Latino
Ethnicity
                    Not Hispanic or Latino
Antidepressant      Yes
use                 No
                    ≤ 25 kg/m2
BMI                 > 25 to < 30 kg/m2
                    ≥ 30 kg/m2
Duration delivery   < 3 months
to index tx         ≥ 3 months
                    3rd trimester
Symptom onset
                    Within 4 weeks delivery
                                          -15   -10   -5   0   5   10   15       -15   -10   -5   0   5   10   15
                                     Favors Brexanolone Favors Placebo       Favors Brexanolone Favors Placebo
CO-38

     HAM-D Remission Achieved in Greater Proportion of
     Patients with Brexanolone than Placebo at Hour 60

                                  Study 202A                         Study 202B             Study 202C
                                     p=0.008               p=0.083     p=0.001                p=0.003
                   100%

                    80%
                               70%
   Patients                                                                                61%
  Achieving         60%                                                 51%
    HAM-D
  Remission                                                                                          39%
                    40%                                      31%
  at Hour 60
                    20%                                                           16%
                                           9%

                      0%
                              N=10         N=11              N=39       N=37      N=43     N=49      N=52

                                                Brexanolone 90            Brexanolone 60   Placebo

HAM-D remission is ≤ 7 HAM-D total score
CO-39

     HAM-D Remission Maintained in Brexanolone Group
     at Day 30

                                  Study 202A                        Study 202B             Study 202C
                                     p=0.030              p=0.351     p=0.105                p=0.309
                   100%

                    80%
                               70%
   Patients                                                                                         62%
  Achieving         60%
                                                                       49%                48%
   HAM-D
  Remission                                                 39%
                    40%                                                          31%
  at Day 30
                                           18%
                    20%

                      0%
                              N=10         N=11             N=39       N=37      N=43     N=49      N=52

                                               Brexanolone 90            Brexanolone 60   Placebo

HAM-D remission is ≤ 7 HAM-D total score
CO-40

     HAM-D Response Achieved in Greater Proportion of
     Patients with Brexanolone than Placebo at Hour 60

                                  Study 202A                                 Study 202B             Study 202C
                                     p=0.198                    p=0.049        p=0.005                p=0.017
                   100%
                                                                                87%
                    80%                                                74%                         76%
                               70%
    Patients                                                                                                 60%
   Achieving        60%                                                                   56%
     HAM-D
   Response         40%                     36%
   at Hour 60
                    20%

                      0%
                               N=10        N=11                    N=39         N=37      N=43     N=49      N=52

                                                 Brexanolone 90                   Brexanolone 60   Placebo

HAM-D response is ≥ 50% reduction from baseline in HAM-D total score
CO-41

     HAM-D Response Maintained in Brexanolone Group
     at Day 30

                                  Study 202A                                 Study 202B             Study 202C
                                     p=0.086                    p=0.035        p=0.004                p=0.586
                   100%
                                                                                83%
                                                                                                             79%
                    80%                                                                            71%
                               70%                                     69%
    Patients
   Achieving        60%
                                                                                          50%
    HAM-D
   Response         40%
   at Day 30                                27%
                    20%

                      0%
                               N=10        N=11                    N=39         N=37      N=43     N=49      N=52

                                                 Brexanolone 90                   Brexanolone 60   Placebo

HAM-D response is ≥ 50% reduction from baseline in HAM-D total score
CO-42

     CGI-I Response Achieved in Greater Proportion of
     Patients with Brexanolone than Placebo at Hour 60

                                  Study 202A                          Study 202B             Study 202C
                                     p=0.080                p=0.010     p=0.013                p=0.001
                   100%
                                                              82%        84%
                               80%                                                          80%
                    80%
    Patients
   Achieving        60%                                                            56%                56%
      CGI-I
   Response         40%                    36%
   at Hour 60
                    20%

                      0%
                              N=10         N=11               N=39       N=37      N=43     N=49      N=52

                                                Brexanolone 90             Brexanolone 60   Placebo

CGI-I Response is ‘very much improved’ or ‘much improved’
CO-43

     CGI-I Response Achieved in Greater Proportion of
     Patients with Brexanolone than Placebo at Day 30

                                  Study 202A                          Study 202B             Study 202C
                                     p=0.030                p=0.046     p=0.014                p=0.440
                   100%
                               80%                                       80%                81%       79%
                    80%                                       72%
    Patients
   Achieving        60%                                                            52%
     CGI-I
   Response         40%
   at Day 30                               27%
                    20%

                      0%
                              N=10         N=11               N=43       N=38      N=41     N=51      N=53

                                                Brexanolone 90             Brexanolone 60   Placebo

CGI-I Response is ‘very much improved’ or ‘much improved’
CO-44

Brexanolone Demonstrated Rapid and Clinically
Meaningful Symptom Improvement in 2.5 Days

 Primary endpoint met in all 3 independent studies
 Brexanolone consistently demonstrated improvement across
   Studies
   Severities of PPD
   Endpoints
 Stable effect sustained through 4 weeks after infusion
 Efficacy demonstrated for both 60 and 90 dose regimens
CO-45

Brexanolone Safety

Helen Colquhoun, MD
Vice President, Medical Science
Sage Therapeutics, Inc.
CO-46

Brexanolone PPD Program Safety Exposures

                           Number Exposed
                            to Brexanolone
Total unique exposures          367
Clinical pharmacology           198
Essential tremor                 25
Postpartum depression           144

  Study 201 (Open-label)          4
  Key studies                    140
     Study 202A                  10
     Study 202B                  79
     Study 202C                  51
CO-47

Safety and Tolerability of 90 and 60 Dose
Regimens Similar

 Well-characterized safety and tolerability profile
 Most events related to primary pharmacology of brexanolone
    Onset in first 24 hours – all receiving same dose
    After 24 hours – similar frequency and type of AEs
 Generally similar safety profiles in brexanolone 90 and 60
  doses
 Combining doses provides larger dataset to detect and
  summarize less frequent events
 Presentation includes doses separately and combined
CO-48

Agenda for Brexanolone Safety Presentation

   Suicidality
   Lactation study
   Overall adverse events
   Adverse events related to primary pharmacology
CO-49

No Evidence of Increased Suicidality

 Columbia Suicide Severity Rating Scale (C-SSRS) did not
  show clinical worsening in patients on brexanolone compared
  to placebo
 2 patients reported suicidal behavior after discharge; both had
  history of suicidal behavior prior to study entry
    1 reported SAE of overdose of other medications
    1 reported non-suicidal self-injurious behavior
CO-50

     No Need to Interrupt Breastfeeding While
     Receiving Brexanolone

      Breastfeeding during infusion should be discussed by mother and
       physician
      Lactation study using 90 dose regimen demonstrated low Relative
       Infant Dose (RID) (1.3% at maximum)
      Drugs with RID < 10% considered low risk to breast fed infant1
      Low oral bioavailability (< 5%) in adults

1. Bennett, 1996
CO-51

Brexanolone Adverse Event Incidence
Similar to Placebo
                                               Brexanolone   Placebo
                                                  N=140       N=107
                                                  n (%)       n (%)
AE                                              70 (50.0)    54 (50.5)

SAE                                              2 (1.4)        0

AE leading to study withdrawal                   1 (0.7)        0

AE leading to study drug discontinuation         3 (2.1)      1 (0.9)

AE leading to dose interruption or reduction     10 (7.1)     3 (2.8)

Severe AE                                        3 (2.1)      2 (1.9)

Death                                               0           0
CO-52

Brexanolone Has a Well-Characterized Adverse
Event Profile
       Adverse Events in ≥ 3% Patients in Either Total Brexanolone or Placebo Group
                                           Brexanolone
                            60 Dose           90 Dose           Total          Placebo
                             N=38              N=102            N=140           N=107
Adverse Event                  %                 %                %               %
Headache                      18.4              14.7             15.7            14.0
Dizziness                     15.8              12.7             13.6             7.5
Somnolence                    18.4               7.8             10.7             4.7
Infusion site pain             2.6               8.8             7.1              4.7
Nausea                         2.6               5.9             5.0              7.5
Dry mouth                     10.5               2.9             5.0              0.9
Sedation                       2.6               4.9             4.3              0.9
Fatigue                        2.6               3.9             3.6             1.9
Rash                           2.6               1.0             1.4             3.7
Abnormal dreams                 0                1.0             0.7             3.7
CO-53

Sedation-Related Events Reflect Primary
Pharmacology of Brexanolone

                                             Sedation-Related Events

           AEs reported                 Dizziness 14%
                                        Somnolence 11%
                                        Sedation 4%
                                        Fatigue 4%
  AEs coded in MedDRA to closest        Loss of consciousness 2%
          preferred term                Vertigo 1%
                                        Syncope 1%
                                        Feeling drunk < 1%
 AEs related to GABAA pharmacology      Altered state of consciousness < 1%
           grouped further              Presyncope < 1%
CO-54

Sedation-Related Events: Incidence and Risk
Factors

 Incidence of sedation-related events
    Brexanolone: 27% (38/140) patients
      34% patients on 60 dose regimen
      26% patients on 90 dose regimen
    Placebo:        14% (15/107) patients
 Increased incidence of sedation-related events reported in
  patients taking concomitant
    Antidepressants
    Benzodiazepines
CO-55

 No Incremental Sedation Risk Associated with
 Increasing 90 Dose Level at Hour 24
                                                                             Total brexanolone
                 All brexanolone patients                                    Placebo
                   receiving same dose
                                                                             Brexanolone 90
           30%
                                                                             Brexanolone 60
                     23.6%

           20%
Percent
   of
Patients                       10.3%
           10%                              7.8%    7.9%
                                                              3.7%
                                                                     2.0%                 1.9%
                                                                                0%
           0%
                      0 to 24 Hours            > 24 to 60 Hours      > 60 Hours (Post Infusion)
CO-56

     Loss or Near Loss of Consciousness Events

                     Dose at          Time to           Excessive
                   Onset of AE         Onset         Sedation-Related                                   Time to Regain
                    (µg/kg/h)         (hours)               AE                   Dose Action Taken      Consciousness        Comments
                                                         Loss of                 Interrupted/Restart
     Patient A          EST*            +38.5                                                             10 minutes
                                                      consciousness                 at 90 µg/kg/h                            Overdose-
                                                                                                                           infusion pump
                                                         Loss of                 Interrupted/Restart                         malfunction
     Patient B          EST**            +1.5                                                             14 minutes
                                                      consciousness                 at 60 µg/kg/h
                                                       Syncope and                                                       Dizziness, sweating,
     Patient C            60             +8.6         altered state of               Discontinued         10 minutes      nausea 10 minutes
                                                      consciousness                                                          before LOC
                                                         Loss of                 Interrupted/Restart                     Somnolence shortly
     Patient D            60            +34.8                                                             15 minutes
                                                      consciousness             at 30 then 60 µg/kg/h                       before LOC
                                                                                                                             Self-limiting
                                                         Vertigo and                                                      presyncope earlier
     Patient E            90            +36.5                                        Discontinued       Not applicable
                                                         Presyncope                                                        that day; did not
                                                                                                                         lose consciousness
* A: estimated to be > 700 µg/kg as a bolus ** B: estimated to be > 1,200 µg/kg/h over 90 minutes
CO-57

Clearance of Brexanolone is Rapid and Biphasic

   Initial phase has half-life of 40 minutes
   Results in rapid clearance of brexanolone from plasma if
      Infusion interrupted
      At end of infusion
      Brexanolone dose reduced
   Rapid resolution of any sedative symptoms underpins recommendation
      To pause infusion if excessive sedation quickly progresses
      To reduce dose if excessive sedation progresses more slowly
      If patient is well, monitoring may cease at end of infusion
CO-58

Excessive Sedation is Monitorable and
Manageable

 Monitorable by healthcare professional oversight
   Patient report of feeling overly sedated
   Pulse oximetry
 Manageable
   Immediately pause infusion if loss of consciousness
   Pause infusion if excessive sedation progresses quickly
   Reduce dose if excessive sedation evolving more slowly
   No sequelae such as airway, respiratory or hemodynamic
     compromise and no falls or injuries to patient or baby
CO-59

Excessive Sedation is Reversible

 Excessive sedation reversed within 15 minutes of pausing
  infusion
    Patients observed until awake and alert
    No other interventions necessary
 Once recovered, infusion restarted in 3 of 5 cases of excessive
  sedation at protocol or lower dose
CO-60

Supporting Safe Administration of Brexanolone

 Healthcare professional oversight
 Monitoring with pulse oximetry
 Communication of risks of and mitigations for excessive
  sedation and loss of consciousness

 Patient will not be primary caregiver of baby and should sit or
  lie down if feeling dizzy or somnolent
CO-61

Risk Evaluation and Mitigation Strategy

 Goal of REMS: to mitigate risk of loss of consciousness
 Key components of REMS with Elements to Assure Safe Use
   Enrollment of prescriber in REMS
   Enrollment of all patients in registry
      Data collected and further characterization of loss of
       consciousness, if it occurs
    Restricted distribution to certified healthcare settings
CO-62

Brexanolone Has Positive Benefit-Risk
Assessment

 Rapid and stable efficacy in 3 adequate, controlled studies
 Well-characterized safety profile and well-tolerated
 Risk of loss of consciousness mitigated by healthcare
  professional oversight, labeling, medication guide, and REMS
 Both dose regimens support efficacy and tolerability
    Efficacy of 90 dose regimen replicated
    Down-titration easier to operationalize than active
      up-titration
CO-63

Clinical Perspective

Samantha Meltzer-Brody, MD, MPH
CO-64

Goal of PPD Treatment:
Reduce Symptoms as Quickly as Possible

 Postpartum period vulnerable time for women and their families
 Critical to rapidly treat women who suffer with PPD to improve
  depressive symptoms and impairment in functioning
 Brexanolone magnitude of improvement in HAM-D unlike any
  currently available treatments
CO-65

Brexanolone Provides an Opportunity to Urgently
Alleviate Suffering from PPD

 Current treatment with SSRIs
   Weeks to months for potential treatment effect
   Many women do not achieve full response
   Often troublesome side effects
 Brexanolone
   Know response within 60 hours
CO-66

Potential Risks are Manageable

 Safely managed sedation related side effects
 Dose reduction successful strategy to mitigate risk of loss of
  consciousness
 Measures to ensure oversight and monitoring of potential side
  effects matches supervision during clinical trials
CO-67

Brexanolone is Primary Treatment for PPD

 71% of brexanolone patients did not receive antidepressants
  at any time during study
 Efficacy demonstrated regardless of antidepressant use
    ~75% of patients achieved HAM-D Response at Hour 60
    ~50% of patients achieved HAM-D Remission at Hour 60
CO-68

Remission Data are Clinically Meaningful

 50% remission rate by 60 hours of treatment can impact
    Ability to function
    Depressive symptoms
    Interactions with baby and family
 Brexanolone completely new and most welcome tool for
  helping women with PPD
CO-69

Brexanolone for Treatment of
Postpartum Depression (PPD)

November 2, 2018
Sage Therapeutics, Inc.
Joint Meeting of the Psychopharmacologic Drugs Advisory
Committee (PDAC) and Drug Safety and Risk Management
Advisory Committee (DSaRM)
CO-70

Backup Slides
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