Breaking the Vicious Circle of Dry Eye Disease - Bernhard Guenther, Founder & President Novaliq Inc.

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Breaking the Vicious Circle of Dry Eye Disease - Bernhard Guenther, Founder & President Novaliq Inc.
Breaking the Vicious Circle of Dry Eye Disease
Bernhard Guenther, Founder & President Novaliq Inc.

OIS@SECO | Feb 21th 2019, New Orleans
© 2019 Novaliq                                        1
Breaking the Vicious Circle of Dry Eye Disease - Bernhard Guenther, Founder & President Novaliq Inc.
Novaliq is Transforming Ocular Therapeutics

     Challenge water-based drug delivery
     Only 1-10% of a water-based topical eye medication reaches
     target tissue

     First and only water-free technology – EyeSol®
     Technology is clinically validated, safe and well accepted

     EyeSol® unlocks the full potential of APIs for
     drug treatments
     Pipeline addresses all key indications in Ophthalmology

     NOV03 and CyclASol® have potential to redefine current
     DED treatments
     Both programs well positioned to generate two NDA
     submissions by 2021
© 2019 Novaliq                                                 2
Breaking the Vicious Circle of Dry Eye Disease - Bernhard Guenther, Founder & President Novaliq Inc.
EyeSol® Technology – First and Only Water-free Drug Delivery Technology

                                                               1) ARVO 2018, Poster: Ocular and
                                                               Systemic Distribution of 14C-
                                                               Perfluorohexyloctane following
                                                               Topical Ocular Administration to
                                                               Rabbits
                                                               2) Agarwal et al.; Semifluorinated
                                                               alkane based systems for enhanced
                                                               corneal penetration of poorly soluble
                                                               drugs; IntJPharm 2018; 538:119-129

© 2019 Novaliq                        3
Breaking the Vicious Circle of Dry Eye Disease - Bernhard Guenther, Founder & President Novaliq Inc.
Pathogenesis-driven Dry Eye Disease Clinical Phenotypes
Ocular Surface Damage and Tear Film Instability impair Visual Function

                                                                         evaporative

aqueous deficient
© 2019 Novaliq                                     4
Breaking the Vicious Circle of Dry Eye Disease - Bernhard Guenther, Founder & President Novaliq Inc.
Two Late-Stage Drug Candidates in Dry Eye – Breaking the Vicious Circle of DED

 • Evaporative DED associated with MGD                    • Aqueous deficient DED
                                                             −   Early onset of action
       − Impressive effect on a variety of symptoms
                                                             −   Sustained efficacy on ocular surface healing
       − Early onset of action
                                                             −   High responder rates
       − Treats signs and symptoms of DED
                                                             −   Impact on visual symptoms
 • Unique Mode-of-Action
       − Stabilizes lipid layer for hours                 • Critical Mode-of-Action in DED
       − Penetrates meibomian glands                         − Immunomodulator & anti-inflammatory

 • Outstanding tolerability & safety profile              • Outstanding tolerability & safety profile

© 2019 Novaliq                                        5
Breaking the Vicious Circle of Dry Eye Disease - Bernhard Guenther, Founder & President Novaliq Inc.
Recent Randomized Double Masked Controlled US Trials

                      SEECASE: 336 patients phase 2 US trial
                      Predominantly evaporative DED associated
                      with Meibomian Gland Dysfunction (MGD)
                      • Low TBUT: ~ 3 sec
                      • MGD involvement
                      • Normal Schirmer: ~15 mm
                      • Highly symptomatic, OSDI: ~55
                      • Mild to moderate corneal damage

                      ESSENCE: 328 patients pivotal US trial
                      Predominantly aqueous deficient DED
                      • Low Schirmer: ~5 mm
                      • Significant corneal damage
                      • Central cornea involved
                      • Symptomatic, OSDI: ~45

© 2019 Novaliq                                6
Breaking the Vicious Circle of Dry Eye Disease - Bernhard Guenther, Founder & President Novaliq Inc.
NOV03 – Clinically Significant Improvements in Signs and Symptoms of DED

             Severely symptomatic population characterized by MGD and low TFBUT

             SEECASE trial met its prespecified primary sign endpoints at 8 weeks
             Highly clinically relevant improvements in various symptoms over active control
tCFS scale ranges from 0 to 15; tCFS graph relates to „study eyes“; error bars show standard error of the mean (SEM); VAS scales ranges from 0 to 100, p-values relate to two sided testing
© 2019 Novaliq                                                                                                      7
CyclASol® 0.1% – Clinical Significant Improvement in Sign and Symptoms

             Onset of effect as early as 2 weeks and sustained over trial duration

             Significant symptom improvements at primary endpoint
tCFS scale ranges from 0 to 15; tCFS graph relates to „study eyes“; error bars show standard error of the mean (SEM); VAS scales ranges from 0 to 100, p-values relate to two sided testing
© 2019 Novaliq                                                                                                      8
CyclASol® 0.1% – Majority of Patients Benefit from Treatment

                                              p=0.004                                                                             p=0.03
                                                                                                                                           p=0.03

              High responder rates on cornea and conjunctiva

              Highly significant and clinical meaningful benefit in majority of patients
all graphs relate to „study eyes“, scales are cCFS: 0-3, tCFS: 0-15, conjunctival: 0-10, p-values relate to Fisher‘s exact test
© 2019 Novaliq                                                                                                             9
Dry Eye Disease Impacts Visual Function
Improvement in Corneal Fluorescein Staining is associated with improvements in visual function

                                         ***
                                       p=0.0009
                                                     *
                                                  p=0.049
                                     p=0.296

                 tCFS response was defined as ≥ 3 scores (NEI scale) improvement from baseline

          ESSENCE data show response in tCFS resulted in a clinically relevant
          improvement in reading speed (>10 words per minute)
© 2019 Novaliq                                                               10
CyclASol® 0.1% – Fastest Onset of Action with Excellent Tolerability

         CYS-002
         ESSENCE (CYS-003)

                             0              1           2             3                 4        5              6        7

                                 Onset of action defined as primary sign improvement statistically superior to vehicle
                                                                          (in months)

         CYS-002
            0.05% (N=51)           2%

             0.1% (N=51)           2%

         ESSENCE (CYS-003)
            0.1% (N=162)           2.5%

                             0                  5            10                15           20             25            30
                                          Instillation site irritation (burning) in % of patients (meta-analysis)

© 2019 Novaliq                                                            11
Novaliq DED Rx Portfolio Has Ability to Redefine DED Therapy

SEECASE (NOV03) and ESSENCE (CyclASol® 0.1%) provide
novelties in DED therapy in two distinct patient groups

1) Outcomes for both studies are clinically relevant
2) Both products have the potential to treat more patients for
   better treatment outcomes:
•    NOV03 for treating evaporative DED associated with Meibomian Gland
     Dysfunction
•    CyclASol® is intended for treating predominantly aqueous deficient DED

3) Both products show an unprecedented risk - benefit profile

          Novaliq intends to accelerate both development programs for NDA submission in 2021

© 2019 Novaliq                                                    12
Novaliq’s Clinical Pipeline

Dry Eye Disease Product Family

 Product/Program           Indication                        Disc.   Pre-clinic   Phase I       Phase II        Phase III    Reg.        Market Near-term milestones
 CyclASol®                 Rx Dry Eye                                                                                       „ESSENCE“ US trial,   3Q2019: FPFV 2nd Phase 3
 (cyclosporin)             aqueous deficient                                                                                328 patients          NDA submission 2021
 NOV03                     Rx Dry Eye                                                                                       „SEECASE“ US trial,   4Q2019: FPFV final Phase 3
 (perfluorohexyloctane)    evaporative, MGD*                                                                                336 patients          NDA submission 2021
 NOV07                     Rx Dry Eye
                                                                             Successful pre-IND, Dec 2017                                         Prepare for clinical phase
 (cannabinoid)             ocular pain

Glaucoma & Retina Development Programs

 Product/Program           Indication                        Disc.   Pre-clinic   Phase I       Phase II        Phase III    Reg.        Market Near-term milestones
                           Rx Glaucoma                                        Successful proof-of-principle                                       License-out and develop a
 NOV04
                           (topical)                                          studies in dogs completed                                           glaucoma asset in the USA
 NOV05                     Non infectious anterior Uveitis
                                                                                                                                                  Ready for pre-IND meeting
 (Tacrolimus)              (topical)
 NOV06                     Rx Retinal Diseases                              Safety of in vitreous and protein
                                                                            stability/activity demonstrated
                                                                                                                                                  Sustained release of IVI
 (sustained release)       (Back of the Eye, IVI)

* MGD = Meibomian Gland Dysfunction
© 2019 Novaliq                                                                         13
Your Contacts

Bernhard Günther, Founder & President Novaliq Inc.
+1-617-580-1721
bguenther@novaliq.com

                                                          Novaliq Inc., Harvard Square
                                                          One Mifflin Place, Suite 400
                                                          Cambridge, MA 02138, USA
                                                          www.novaliq.com

© 2019 Novaliq                                       14
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