Changing Lives Through Precision Oral Medicines - October 2024 - Jubilant Therapeutics
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Disclaimer Statements in this document relating to future status, events, or circumstances, including but not limited to statements about plans and objectives, the progress and results of research and development, potential product characteristics and uses, product sales potential and target dates for product launch are forward-looking statements based on estimates and the anticipated effects of future events on current and developing circumstances. Such statements are subject to numerous risks and uncertainties and are not necessarily predictive of future results. Actual results may differ materially from those anticipated in the forward-looking statements. Jubilant Therapeutics may, from time to time, make additional written and oral forward looking statements, including statements contained in the parent company (Jubilant Pharmova) filings with the regulatory bodies and its reports to shareholders. The company assumes no obligation to update forward- looking statements to reflect actual results, changed assumptions or other factors. 2 Non-Confidential
Mission and Therapeutic Focus OUR MISSION is to transform the lives of patients through the development of precision oral medicines with enhanced safety and therapeutic efficacy Hematology/Oncology Solid Tumors Immunology 3 Non-Confidential
Company Highlights Clinical-stage precision therapeutics company founded in 2019 to discover and develop therapeutics with meaningfully improved safety and efficacy profile against first-in-class and validated but intractable targets Pipeline generated through in-house Therapeutic Index and Brain Exposure Optimization (TIBEO) discovery engine, validated through partnerships Independent management and board backed by Jubilant Pharmova– a global healthcare organization committed to funding through proof-of- concept trials Near-Term Milestones JBI-802 coREST inhibitor in Phase 2 development for hematology and solid tumors; JBI-778 PRMT5 Inhibitor in Phase 1 development • JBI-802 and JBI-778 for solid tumors early data readout by mid 2025 FDA Orphan drug designations for JBI-802 and JBI-778 4 Non-Confidential
TIBEO Advanced Discovery Engine Enhances the Therapeutic Index and Optimizes Brain Penetration Site- specific targeting Selectivity Mutation screening driven cell screening Developing First-in-Class, Structure-Based Drug Design: Unique & Validated Intractable Drug Computational Modelling Proprietary Targets in Genetically-Defined & Genetic Signatures Scaffolds Patient Populations ADME Toxicology brain focus Genetically- defined patient selection Jubilant’s discovery engine is based on a drug discovery approach validated through 75+ integrated discovery programs for big pharma, biotech, and healthcare VC and has a team of dedicated scientists 5 Non-Confidential
Diverse Clinical Stage Pipeline with Improved Therapeutic Index for Multiple Cancer Indications and Patient Subsets Program Mechanism Indications Lead Optimization Pre-Clinical (IND) Phase I/II Milestones ET/MPN (resistant to ✓ Company sponsored trial cytoreductive ▪ Interim Phase II Data – therapy) mid 2025 CoREST JBI-802 mSTK11 IO Inhibitor Resistant NSCLC ▪ Investigator led Phase II Trials under planning Post MPN AML PRMT5 Inhibitor Brain EGFR mut NSCLC, ✓ Company sponsored trial JBI-778 Penetrant mIDH high grade ▪ Interim Phase I Data – (MTAP+/-, glioma, ACC mid 2025 spliceosome selective) ET – Essential Thrombocythemia; MPN: Myeloproliferative Neoplasm; NSCLC: non-small cell lung cancer; SCLC: small cell lung cancer; AML – Acute Myeloid Leukemia; MTAP: Methylthioadenosine phosphorylase, EGFR: epidermal growth factor receptor, mIDH: isocitrate dehydrogenase (IDH) mutation, ACC: Adenoid 6 Cystic Carcinoma, STK: serine/threonine kinase; IO: Immuno-oncology Non-Confidential
Additional Preclinical Stage Pipeline including First-in-Class Targets such as PAD4 Program Mechanism Indications Lead Optimization Pre-Clinical (IND) Phase I/II Milestones PD-L1 Inhibitor Brain tumor and JBI-2174 metastases IND track Brain Penetrant Oncology and auto- JBI-1044 PAD4 Inhibitor immune disease IND track Other Various Various Undisclosed research programs EGFR1,* Oncology BRD4* Oncology • 1Blueprint Medicines acquired Lengo Therapeutics (Frazier Healthcare entity) for $250M in cash plus $215M in milestone payments 7 • *Economic rights reside with Jubilant Therapeutics' parent company Non-Confidential
CoREST Inhibitor Lead Program JBI-802 Epigenetic Modulating Multiple Development Opportunities in Agent Hematology/Oncology & Solid Tumors Non-Confidential
JBI-802 Represents Significant Development Opportunity in Hematology and Solid Tumors CoREST Inhibitor JBI-802 Offers Broad Therapeutic Potential 3 • Phase 2 in ET and MPN with thromocytosis • Phase 2 in STK11-mutant NSCLC • Phase 2 in Erythroleukemia (Post MPN AML) 2 • Potential to reverse resistance to immunotherapy in solid tumors due to STK11 mutations • Confirmed partial response in doublet IO refractory STK11-mutant NSCLC patient with JBI-802 Pancoast syndrome Potential for superior efficacy and safety compared to LSD1 only inhibitor in hematology/ oncology 1 • Human POP with dose dependent reduction in platelet levels • Faster reduction of platelets (~10 days* compared to ~10 weeks**) • Does not induce dysgeusia or anemia in patients* • Significant efficacy in post-MPN leukemia (erythroleukemia) model leading to orphan status by FDA ET – Essential Thrombocythemia; MPN: Myeloproliferative Neoplasm; NSCLC: non-small cell lung cancer; SCLC: small cell lung cancer; AML – 9 Acute Myeloid Leukemia; dysgeusia – condition that affects sense of taste, impacting appetite and quality of life Non-Confidential
First-In-Class CoREST Inhibitor JBI-802 Can Potentially Address Significant Unmet Medical Need Blood cancer causes bone marrow to produce too many platelets leading to stroke and heart ET/MPN attack and eventually cancer – chronic condition requiring long term therapy Blood Disorders Potential better safety and efficacy than Bomedemstat (Merck – Phase III) Leading to Cancer Commercial validation - Merck acquired Bomedemstat for $1.35B Unmet need for efficacious therapy for refractory/non-responders to current therapies ~100k Patients (cytoreductive) Phase II Interim Data – mid 2025 MPNs are blood cancers that cause increased production of blood cells, mainly affecting red Post MPN AML blood cells, platelets, or white blood cells. Leukemia Progression from MPN to AML (Acute Myeloid Leukemia) is a serious complication, occurring in MPN patients. ~3- 5% of 265k High-unmet need for effective therapy with survival only for 5 months MPN patients Investigator led trial under planning Demonstrated clinical efficacy in JBI-802 in one patient (Phase I study) NSCLC Disease with high-unmet need with no effective therapy Lung Cancer Patients with STK11 mutations have a lower survival rate and are resistance to immune checkpoint therapy (like Keytruda, Atezolizumab) ~10% of 300k+ Investigator led trial under planning NSCLC Patients; Additional upside in SCLC patients ~ 10-15% of lung cancer (JBI-802 achieved tumor regression in combination with PD-1 inhibitors in animal models) 10 Non-Confidential 10 Confidential
JBI-802 Induces Differentiation and Cell Death of MPN/Leukemia Progenitors Percent cells expressing CD86 16 14 LSD1i % Positive cells 12 CoREST 10 Megakaryocyte 8 HDAC6 Erythroid progenitor 6 LSD1 4 2 Megakaryocyte Platelets Response Control Elements 0 Control PMA HDAC6i LSD1i JBI-802 JBL-LSD1-HDAC6 Dual Inhibitor Percent cells expressing CD235 16 14 12 % Positive cells Erythrocyte HDAC6i 10 8 6 4 2 0 Control PMA HDAC6i LSD1i JBI-802 LSD1 and HDAC6 are part of the coREST complex that drives tumorigenesis of lineages like platelet and erythroid (MEP), thereby creating opportunities for synergistic targeting these REST-driven tumors 11 Non-Confidential
Key Findings from Phase I Trial of JBI-802 • Dose-Proportional Exposure and Platelet • Tumor-Related Symptom Improvements and Partial Decrease Correlation Response The study observed a dose-proportional increase Among the non-small cell lung cancer (NSCLC) patients with in exposure across cohorts, with a direct resistance to immuno-oncology (IO) treatment, 2 out of 2 correlation between exposure levels and on-target patients showed improvements in tumor-related symptoms, platelet decrease, suggesting a dose-dependent with one confirmed partial response (~39% tumor biological effect. shrinkage and patient stable for over 12 months), suggesting potential efficacy in this challenging patient population. • 10mg Dose Safety and Biological Activity • Symptom Improvements Without Thrombocytopenia The 10mg dose was well-tolerated, with no Improvements in tumor-related symptoms without any significant platelet decrease observed, while still negative impact on platelet levels, further supporting the exhibiting biological activity, indicating a favorable favorable safety profile of the investigational drug. safety profile at this dose level. 12 Non-Confidential
Human Proof of Principle for JBI-802 Indicates Faster Onset of Clinical Activity than LSD1 Only Inhibitor – Suited for ET, MDS/MPN with Thrombocytosis JBI-802 platelet levels Bomedemstat (LSD1 only inhibitor) platelet levels Merck acquired Imago Biosciences (Bomedemstat) for $1.35B based on Phase II data in ET • Prelim human data confirms JBI-802 can induce dose dependent decrease in platelets without effect on erythroid parameters – Proof of Principle for treatment of diseases with elevated platelets like ET, MDS/MPN with thrombocytosis • JBI-802 demonstrates superior efficacy and safety compared to LSD1 only inhibitor • Induces faster reduction of platelets (within ~10 days* compared to ~10 weeks**) • Does not induce Dysgeusia in patients* (compared to 55% incidence**) • Does not induce Anemia in patients and in animals* (compared to 16% incidence**) 13 *JBI-802 Phase I trial – basket tumor patients **Bomedemstat Phase II trial – ET patients Non-Confidential
JBI-802 NCLC Patient with STK11 Case Study Patient with NSCLC, just coming off from Nearly 1.5 years in the study, double immunotherapy (Opdivo+Yervoy: Pancoast symptoms IO non responder) after progression – last disappeared, “patient is doing stage with only hospice care option. very well with no issues”. Post- Pancoast syndrome -tumor pressing on treatment 3rd scan showed a nerves causing incredible pain and 39% tumor reduction confirmed inability to use arm. Patient has STK11 by the 4th scan in May 2024 mutation which is thought to confer and confirmed PR with stable resistance to immunotherapy disease as of Oct 2024 Enrolled in JBI-802 study with initial treatment in May 2023 • STK11 induced resistance can potentially be reversed by a combination IO + CoREST inhibitor; Investigator proposing a follow-up investigator trial of JBI-802 in combination with anti-PD-1 (Keytruda) in STK11 mutant NSCLC JBI-802 Phase 1 Results Show Therapeutic Potential in Sensitizing Immunotherapy Resistant Tumors 14 Non-Confidential
Clinical Development Pathway for JBI-802 in Hematology and Solid Tumors Phase I Dose escalation Phase II Potential regulatory pathway Accelerated ET/MPN with thrombocytosis dose 2nd line ET/ MPN, MTD RP2D escalation post MPN AML (basket trial) Erythroleukemia/post-MPN AML Established prelim proof of principle for dose dependent platelet decrease and reversing STK11 resistance to IO therapy in NSCLC JBI-802 + Anti-PD-1 NSCLC IO resistant /refractory IO refractory NSCLC 2nd line SCLC JBI-802 + Anti-PD-L1 SCLC IO resistant /refractory MPN: Myeloproliferative neoplasms; SCLC: Small cell lung cancer; NSCLC: non small cell lung cancer; ET: Essential Thrombocythemia; AML: Acute Myeloid 15 Leukemia; IO: Immuno-oncology; RP2D: Recommended Phase II dose Non-Confidential
PRMT5 Inhibitor JBI-778 for Solid Tumors Brain Penetrant Phase 1 ready for EGFR mut NSCLC, Agent mIDH high grade glioma, ACC Non-Confidential
JBI-778 Shows Potential as Best-In-Class PRMT5 Inhibitor with Superior Brain penetration • Oral, highly differentiated, SAM cooperative brain penetrant PRMT5 inhibitor 3 • Addresses both MTAP +/- tumors • IND approved, Phase 1 ready 2 • IND enabling 4-week GLP tox studies completed in rats and dogs • No mortality in either animal species even at the highest dose • No effect on platelets • Drug product manufacturing completed at Catalent 1 • PRMT5 is highly overexpressed in many human cancers • Glioblastoma (GBM) with splicing dysregulation is selectively sensitive to inhibition of PRMT5 • 3rd Gen EGFRi resistant tumors have enriched RBM10 mutation which are sensitive to PRMT5 inhibition MTAP: Methylthioadenosine phosphorylase; SAM: S-adenosyl-methionine; EGFR: epidermal growth factor receptor 17 Non-Confidential
Significant Opportunity for JBI-778 to Address Unmet Medical Need in Difficult-to-Treat Cancers (MTAP +/-) NSCLC High-unmet need with no effective therapy for 3rd Gen EGFRi resistant NSCLC Lung Cancer Genetically defined patient stratification Preclinical studies suggest an optimal therapeutic window with demonstrated better safety ~10% of ~300k + NSCLC Patients US FDA approved IND, first-in-human trial in India HGG IDH+ HGG sensitive to PRMT5 inhibition Brain Tumor High unmet need with no treatment option for recurrent HGG 2.5% of ~61k + Brain Cancer Patients Adenoid cystic tumors enriched with specific mutations and are highly sensitive to ACC PRMT5i Head & Neck cancer High unmet need with chemotherapy as the only current treatment option after surgery and radiation, with low efficacy Interim Data – early 2025 Patient Data – US region; NSCLC: non-small cell lung cancer; HGG: High grade Glioma; ACC: Adenoid Cystic Carcinoma; IDH: Isocitrate 18 dehydrogenase; EGFR: epidermal growth factor receptor Non-Confidential
JBI-778 Oral, Highly Differentiated, Substrate Competitive PRMT5 Inhibitor Safe and well tolerated in 4-week GLP tox study with no thrombocytopenia Bareketain et al. Nature Com 2021 Binding site for SAM cooperative and substrate competitive inhibitor (JBI-778) Binding site for SAM competitive inhibitors (high toxicity seen) Different binding and MOA with potential to be less toxic in clinic 19 MOA: mode of action; SAM: S-adenosyl-methionine Non-Confidential
JBI-778 vs. Competitive PRMT5 Inhibitors Jubilant Therapeutics Company Tango, Mirati, Amgen Pfizer, Prelude, J&J (JB-778) ✓ Substrate competitive ✓ SAM Cooperative Product Type ✓ MTA Cooperative ✓ SAM Competitive ✓ Spliceosome Selective ✓ Brain Penetrant ▪ Targets substrate site and ▪ Stabilizes MTA bond to PRMT5 ▪ Blocks the binding of SAM cofactor stabilizes SAM bond to PRMT5 which is increased in MTAP- shared among many other Mechanism of with high biological selectivity deficient tumor methyltransferases Action ▪ Opportunity for ▪ Brain penetration in primary patient selection and tumors as well as brain reduction in toxicity metastases ▪ Address safety issue of 1st ▪ MTAP deficiency is present in ▪ Blocks a non-selective cofactor generation ~10% patients and may not be which could explain non-tolerable applicable to brain since MTA is toxicity ▪ Targets broad patient metabolized in brain Challenges population irrespective of MTAP ▪ Limited patient selection strategy status ▪ Spliceosome-based patient selection Development IND approved; Phase I/II ready Phase I/II Phase I/II terminated due to toxicity Stage and limited efficacy 20 Non-Confidential
JBI-778 Demonstrates Potent Anti-Tumor Responses In vivo Target Engagement Tumor size after treatment with JBI-778 and GSK3326595 in a systemic lymphoma xenograft model (Z138) nograft model Z-138 xenograft tumors D mice ELISA % SDMA/SmD3 of Vehicle 150 0 mpk 100 SDMA k 50 pk SmD3 0 -Tubulin ID i , Q 5i le , B 95 ,B 5 D ic pk T pk T J ID pk 5 m M 0m RM eh m 26 50 PR 50 33 V 10 JP - K S G Significant reduction of SDMA level 0 15 20 observed in the in vivo study ment initiation Superior tumor inhibition in systemic ED50 < 10 mg/kg BID tumor model vs GSK3326595 21 Non-Confidential
JBI-778 extends survival in preclinical models for Glioblastoma JBI-778 treatment results in much less Survival Plot: U87MG Orthopedic Study Vehicle control tumor burden on 005 GBM JBI-778-50mpk BID GBM 005 animal model is among the best representation of the human glioblastoma tumor available 22 Non-Confidential
JBI-778 Clinical Development Strategy Phase I Dose escalation Phase II Potential regulatory pathway mEGFR NSCLC TKI refractory with/ Accelerated without brain mets mEGFR NSCLC TKI dose MTD RP2D* refractory, mIDH HGG, escalation mIDH High Grade Glioma and ACC ACC Potential for accelerated approval based on ORR in single arm trial *Optimal dose based on PK/PD/Efficacy IND cleared by FDA; FIH in 2024 NSCLC: Non-small cell lung cancer; ACC: Adenoid cystic carcinoma; HGG: High grade Glioma; IDH: Isocitrate dehydrogenase; EGFR: epidermal growth factor 23 receptor; TKI – Tyrosine Kinase Inhibitors; FIH: First in human Non-Confidential
Executive Leadership Driven by Scientific Excellence to Develop First in Class Therapeutic Targets SYED KAZMI, PhD, MBA MELDA DOLAN, MD SHYAM PATTABIRAMAN, MS SRIDHARAN RAJAGOPAL, PhD Chief Executive Officer Chief Medical Officer Chief Financial Officer VP & Head, Medicinal Chemistry Scientific Advisory Board: Dr. Ross Levine Laurence Dr. Santosh Kesari Dr. William C. Hahn Dr. Neal Rosen Joseph Dineen Chair in Leukemia Director, Neuro-Oncology; Professor, Dept. William Rosenberg Professor of Enid A. Haupt Chair in Research; Chief, Molecular Cancer of Translational Neurosciences; Director, Medicine Medical Oncology, MSKCC Medicine Service, HOPP MSKCC Research Clinical Institute, Providence Interim EVP & COO, CSO, Dana- Southern California Farber Cancer Institute 24 Non-Confidential
Upcoming Milestones and Catalysts 2H 2024 mid 2025 2H 2025 JBI-802 Ph II JBI-802 Ph II early data JBI-802 Ph II early JBI-802 Ph II in ET/ MPN, in ET/ MPN; data from select completion in Ph II investigator led trial in multiple indications investigator led investigator led trials NSCLC trial post MPN AML, SCLC JBI-778 Ph I JBI-778 IND for PD-L1i, JBI-778 Ph I in EGFR mut NSCLC, completion/ Ph II early Ph I PAD4i start in multiple mIDH high grade data indications Glioma, ACC 2024 2025 2026 25 Non-Confidential
Summary Clinical-Stage Precision Oral Medicine Company Aiming to Improve Patient Outcomes in Hematology Oncology, Solid Tumors, and Immunology JBI-802 in Phase 2 Clinical JBI-778 in Phase 1 Value inflection potential with Trial with Preliminary Clinical Trial de-risked clinical data Results expected by mid 2025 26 Non-Confidential 26
Thank You Syed Kazmi, CEO Syed.kazmi@jubilanttx.com Shyam Pattabiraman, CFO Shyam.Pattabiraman@jubilanttx.com Jubilant Therapeutics Inc. 790 Township Line Road, Suite 325. Yardley, PA 19067,USA Ph: (215) 550-2810 https://www.jubilanttx.com Non-Confidential
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