HARNESSING B-CELLS FOR CANCER IMMUNOTHERAPY - v Leslie Chong Managing Director & Chief Executive Officer September /2018

 
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HARNESSING B-CELLS FOR CANCER IMMUNOTHERAPY - v Leslie Chong Managing Director & Chief Executive Officer September /2018
ASX:IMU

                v
          HARNESSING B-CELLS FOR
          CANCER IMMUNOTHERAPY
          Leslie Chong
          Managing Director & Chief Executive Officer
          September /2018
HARNESSING B-CELLS FOR CANCER IMMUNOTHERAPY - v Leslie Chong Managing Director & Chief Executive Officer September /2018
NOTICE: FORWARD LOOKING STATEMENTS

Any forward looking statements in this presentation have been prepared on the basis
of a number of assumptions which may prove incorrect and the current intentions,
plans, expectations and beliefs about future events are subject to risks, uncertainties
and other factors, many of which are outside Imugene Limited’s control. Important
factors that could cause actual results to differ materially from any assumptions or
expectations expressed or implied in this brochure include known and unknown risks.
                                             v
As actual results may differ materially to any assumptions made in this brochure, you
are urged to view any forward looking statements contained in this brochure with
caution. This presentation should not be relied on as a recommendation or forecast by
Imugene Limited, and should not be construed as either an offer to sell or a solicitation
of an offer to buy or sell shares in any jurisdiction in which it would be a contravention of
applicable law.

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HARNESSING B-CELLS FOR CANCER IMMUNOTHERAPY - v Leslie Chong Managing Director & Chief Executive Officer September /2018
EXECUTIVE SUMMARY

• Experienced management & board: Meeting milestones and successful
  M&A activity
• Imugene B-cell vaccine pipeline: Broadened and strengthened clinical
  programs globally, include U.S. and European centres
   • HER-Vaxx milestones of Phase v1b recruitment completed; Phase 2
     activity commences
   • KEY-Vaxx pre-clinical work started
• Synergistic technology licensed from Ohio State University and The Mayo
  Clinic: Full spectrum of indications and targets to choose from, including
  check point inhibitors and combination therapies

                                                                               3
HARNESSING B-CELLS FOR CANCER IMMUNOTHERAPY - v Leslie Chong Managing Director & Chief Executive Officer September /2018
A TEAM WITH TRACK RECORD IN DRUG DEVELOPMENT
Leslie Chong (Sydney, Australia)                                      Prof Ursula Wiedermann (Vienna, Austria)
Managing Director & Chief Executive Officer                           Chief Scientific Officer
• Over 20 years of oncology experience in Phase I – III of            • Co-inventor of HER-Vaxx
  clinical program development
• Leadership role involvement in two marketed oncology                • Professor of Vaccinology at Medical University of Vienna
  products
• Previously Senior Clinical Program Lead at Genentech, Inc.,
  in San Francisco
Dr Axel Hoos (Philadelphia, U.S.A.)                                  Mr. Charles Walker (Brisbane, Australia)
Non-Executive Director                                               Non-Executive Director
• Senior Vice President and Head of Oncology at GSK                  • Experienced listed biotech CEO and CFO (ASX;ACL and ASX:IMU)
• Former Medical Lead for Yervoy, the first survival improving       • Experienced in financial markets including executing 55
  medicine in Immuno-Oncology                                          international tech corporate transactions
• Chairman of the BoD of the Sabin Vaccine Institute
                                                                     • Clinical experience includes managing pipeline of drugs in all
• Co-Chair of the Cancer Immunotherapy Consortium Think-Tank
                                                                 v     stages form discovery, through to Phase III to launched products

Paul Hopper (Sydney, Australia)                                       Dr Nick Ede (Melbourne, Australia)
Executive Chairman                                                    Chief Technology Officer
• International & ASX biotech capital markets experience              • Over 25 years peptide vaccine and drug development
  particularly in immuno-oncology & vaccines
                                                                      • Former CEO Adistem, CEO Mimotopes
• Chairman of Viralytics, Founder & Director of Prescient,
  Founder of Imugene & Polynoma LLC, former Director                  • VP Chemistry Chiron (now Novartis), Research Fellow CRC
  pSivida, Somnomed & Fibrocell Science                                 Vaccine Technology

Dr Mark Marino (California, U.S.A.)                                  Dr Anthony Good (Sydney, Australia)
Chief Medical Officer                                                Vice President of Clinical Research
• Over 28 years of experience in drug development                    • Over 20 years global clinical development experience.
                                                                     • Integral to the development of significant new medicines
• Former CMO of Cytori, Head of Clinical Pharmacology at               including Viagra, Revatio, Lipitor, and Somavert.
  Eisai and Roche, Head of Research and Early Development            • Ex Pfizer Global Research and Development, Ex Covance
  at Mannkind, VP Clinical Development at Daiichi-Sankyo               Clinical Services.                                           4
HARNESSING B-CELLS FOR CANCER IMMUNOTHERAPY - v Leslie Chong Managing Director & Chief Executive Officer September /2018
IMUGENE SCIENTIFIC ADVISORY BOARD

Prof Peter Schmid                                                 Prof Ursula Wiedermann-Schmidt
Barts Cancer Institute, Queen Mary University of                  Medical University of Vienna, Austria
London                                                            Chief Scientific Officer
Consultant Medical Oncologist                                     • Co-inventor of HER-Vaxx
• Expertise in breast and lung cancer, cancer immunotherapy
                                                                  • Professor of Vaccinology at Medical University of Vienna
  and early drug development
• Leads the Centre of Experimental Medicine at Barts Cancer
  Institute

                                                              v

Dr Neil Segal                                                     Dr Yelina Janjigian
Memorial Sloan Kettering Cancer Center, U.S.A.                    Memorial Sloan Kettering Cancer Center, U.S.A.
Medical Oncologist                                                Medical Oncologist
• Expertise in GI, Colon, Pancreatic cancers                      • Expertise in esophageal and stomach (gastric) cancer
• Active clinical immuno-oncology researcher                      • Active in GI clinical trials testing combinations of Her-2 and
• Clinical lead in several trials using PD-L1 inhibitors            checkpoint inhibitor therapies

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HARNESSING B-CELLS FOR CANCER IMMUNOTHERAPY - v Leslie Chong Managing Director & Chief Executive Officer September /2018
Imugene develops vaccines to boost and
direct the body’s immune system to specifically
target and
                       v
attack cancer
cells.

                                                  6
HARNESSING B-CELLS FOR CANCER IMMUNOTHERAPY - v Leslie Chong Managing Director & Chief Executive Officer September /2018
A BETTER WAY TO MAKE ANTIBODIES TO TREAT CANCER?

                  In a facility:                              Using B-cells in your body

                                               VS
                                                v
                                                                                         B-cells are cells in
                                                                                         the human body
                                                                                         that naturally
                                                                                         produce millions of
                                                                                         antibodies

For example, Merck’s PD-1 inhibitor Keytruda        Teaching B-cells to make antibodies using peptide
                                                    antigens

                                                                                                                7
HARNESSING B-CELLS FOR CANCER IMMUNOTHERAPY - v Leslie Chong Managing Director & Chief Executive Officer September /2018
CURRENT PHASE 1B/2, IN GASTRIC CANCER

    Phase 1b lead-in                                       Phase 2
    • Open label                                           • Open label
                                                           • ~70 patients from sites in Asia
    • ~Up to 18 patients in 3 cohorts of up to 6 pts per
      cohort                                               • Combination with chemo
    • Combination with chemo/cisplatin                     • Randomized
                                                           • Primary Endpoints:
    • Endpoints:
                                                             - TBD PFS and/or OS
      - Recommended Phase 2 Dose of HER-Vaxx
      - Safety: any HER-Vaxx toxicity
                                                           v - (cont. on Ph1b results)
                                                           • Secondary endpoint:
      - Immunogenicity (anti-HER-2 antibody titres)          - Immune response

2H, 2017 : Phase 1B               2H, 2018: Phase 1B           1H, 2019: Commence              1H, 2020: Interim Phase
 Patients Enrolled               Recruitment Completed               Phase 2                       2 Data Available

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HARNESSING B-CELLS FOR CANCER IMMUNOTHERAPY - v Leslie Chong Managing Director & Chief Executive Officer September /2018
STRATEGIC ACQUISITION
                          WORLDWIDE, EXCLUSIVE
                               LICENSE

                                 Ongoing
                                       v Her-           Six additional         Three year
Six patent   IND ready PD-        2 clinical         clinical candidates     R&D contract
 families,   1 clinical trial                         Her-1, Her-2, Her-     with access to
                                     trial             3, VEGF, IGF-1R            Ohio
22 patents     (Phase 1)          (Phase 2)                 CD28           translational labs

              Access to experience and expertise with Prof. Pravin
                              Kaumaya and team

                                                                                                9
HARNESSING B-CELLS FOR CANCER IMMUNOTHERAPY - v Leslie Chong Managing Director & Chief Executive Officer September /2018
PROFESSOR PRAVIN KAUMAYA & DR. TANIOS BEKAII SAAB

                     v

                                                    10
IMUGENE PIPELINE
CLINIC OR CLINIC READY
                                                                  CLINICAL DEVELOPMENT
            PROGRAM                 PRE-CLINICAL
                                                        PHASE 1                          PHASE 2
 HER-Vaxx (HER2)
 B-Vaxx (HER2)
 KEY-Vaxx (PD-1)
 Her-2 & PD-1 Combo

                                                    v
DISCOVERY PIPELINE
             PROGRAM           DISCOVERY/PRE-CLINICAL             ID OF CANDIDATE
 Combination:
 Her-1; Her-2; Her-3; IGF-1R
 Her-1 (EGFR)
 Her-3
 IGF-1R
 VEGF
 Combination (numerous)
 PD-1/PDL-1

                                                                                                   11
ACQUIRED HER-2 VACCINE (B-VAXX): ENCOURAGING PHASE
                                    1 TRIAL RESULTS
                                                                            160%
                                                                                                  dose level 1
                                                                            140%
                                                                                                  dose level 2

                                    % maximal change in SPD from baseline
✭10 out of 24 patients                                                      120%
                                                                                                  dose level 3
had stable disease & 1                                                      100%                  dose level 4
out of 24 patients had                                                      80%        ✭Best Response
partial response; 1                                                         60%        † PR
patient had PFS at 40+                                                                 * SD
                                                                            40%
months                                                                             *   PD if not indicated
                                                                            20%        *
                                                                                             v*    ** *
                                                                             0%

                                                                            -20%
     No toxicity
     observed                                                               -40%                             †

                                                                            -60%                                 *

                                                                            -80%

              Phase Ib Immunotherapy Trial with a Combination of Two Chimeric (Trastuzumab-like and Pertuzumab-like) HER-2 B Cell Peptide
              Vaccine emulsified in ISA 720 and nor-MDP Adjuvant in Patients with Advanced Solid Tumors, Immunological Response and Clinical
              Outcome. Tanios Bekaii-Saab, Daniel H. Ahn, Christina Wu, Robert Wesolowski, Amir Mortazavi, Maryam Lustberg, Jeffrey Fowler,
              Bhuvaneswari Ramaswamy, Lai Wei, Jay Overholser and Pravin T.P. Kaumaya.
              Cancer Discovery 2018 manuscript in preparation                                                                                  12
WHY SELECT AND TARGET PD-1 FOR B-CELL VACCINATION?

Monoclonal antibody immunotherapies          Whilst acknowledging the rapid rise in
      Keytruda® (Merck) and                   clinical trials involving PD-1 and their
 Opdivo® (BMS) targeting PD-1 sold        combination with other treatments*, a PD-1
       USD$3.8B and $4.9B,                  B-cell vaccination approach represents a
       respectively, in 2017.              paradigm shift in cancer immunotherapy.
                                          * Tang etal. Comprehensive analysis of the clinical immuno-
                                                                          .
                                         v oncology landscape, Annals of Oncology, 2017
In industry-recognized mouse cancer
   models (colon cancer), the PD-1
      targeting B-cell vaccine is            The combination of the PD-1 vaccine
more superior than the gold standard        with the acquired Phase II Her-2 vaccine
 mouse PD-1 monoclonal antibody                significantly inhibits tumor growth
(used in preclinical model testing for       c/w mAb control in a Her-2+ model of
        Keytruda and Opdivo).                             colon cancer.
                                                                                                        13
PD-1/HER-2 VACCINE COMBINATION ACTIVE IN MODEL
             OF COLORECTAL CANCER WITH NO SIGNS OF TOXICITY
➤ All mice vaccinated over a period of 9 weeks              % Cancer growth inhibition in Colorectal cancer model
  showed no signs of scruffiness, lesions, and
  lethargy
                                                    PD-1 vaccine plus Her-2 vaccine                                    90%
➤ Organs (spleen, liver, heart, lung, kidney, and
  tumor) from the Balb/c mice vaccinated with
  combination peptides (HER-2 and PD-1)
                                                                      PD-1 vaccine                             65%
  were collected from mice and submitted for                 v
  analysis

➤ No significant lesions were noted in any of                            PD-1 mAb                  39%

  the organs submitted for histologic
  evaluation.
                                                                      Control (PBS)    0%
➤ There were also no overt biochemical
  abnormalities noted.                                                                0%    20%   40%    60%     80%   100%

                                                     Inhibition of cancer growth 16 days after infusion of cancer cells
                                                                                                                              14
PD-1 “KEY-VAXX” VACCINE PHASE 1 DEVELOPMENT PATH 2018-2019
                                                                                     Finalise
                                                            Formal                regulatory IND                    2019:
        PD-1                          CMC
                                                          pre-clinical             submissions                    Commence
  candidate vaccine               manufacturing                                                                    Phase 1
   Identified May,
        2018

                                                               v

Proposed Adaptive Phase 1/2
                                                                         Expansions Assumption
PD-1 Vaccine Design
                                  Cohort 3   3-6                                                Indication
                                                         OBD
                                                                                                Expansion
 Dose Finding                                                                                (12-20 patients)
 Signal Seeking                                                                                                        Proof of
                       Cohort 2     3-6                                  Expansion                                     Concept
                                                       *Safety
                                                   *Immunogenecity
                                                                                           Indication Expansion
                                                      *Tumor PD                              (12-20 patients)
            Cohort 1     3-6
                                                                                                                                  10
FINANCIAL SUMMARY
                                                  ASX:IMU
                                                                         Options on issue (as at July 2018)
                                                                         No. of options   Exercise Price   Expiry
Market Cap (31/Jul/18):   $79.2M AUD, $58.9M USD            Listed:
                                                                          242.5M          $0.026           30/11/2020
                                                            (IMUOA)
                                                            Listed:
Ordinary Shares:          3.559 billion                                   248.3M          $0.04            30/11/2021
                                                            (IMUOB)
                                                            Unlisted:     79.5M           $0.024*          09/03/2020*
12 month price range:     1.3 cents – 3.9 cents AUD
                                                            Total:        570.3M          $0.03*           01/07/2020*

                          9.5M shares                                                                            * Average
Avg daily volume:                                      v
                          (April-July 2018)                             Top 5 shareholders      (as at July 2018)

                                                                                           No. of Shares            % Capital
                          ~$42.5M (public)
Investment to Date:                                         Private Portfolio Management 240,906,746                6.69%
                          ~$ 5.5M (VC)
                                                            Platinum Asset Management      165,986,536              4.61%
                          $25.8M
Cash & Equivalents:                                         Dr. Nicholas Smith             86,000,000               2.39%
                          (as at 31 July 2018)
                                                            J P Morgan Nominees
                                                                                           79,957,741               2.22%
                                                            Australia Limited
                                                            Paul Hopper
                                                                                           75,678,722               2.10%
                                                            Executive Chairman
                                                                                                                                16
EXECUTIVE SUMMARY

 Imugene B-cell
Vaccine Pipeline                Synergistic Technology
         Broadened and             Acquisition from
      strengthened clinical                                              Experienced
                                 Ohio State University
    programs globally, brings                                           Management &
   the Imugene platform and      and The Mayo Clinic
       technology into US                                                   Board
                                     Full spectrum
                                                 v of indications and
     and European focused
                                    targets to choose from, including    Meeting milestones and
          clinical trials
                                        check point inhibitors and       successful M&A activity
                                          combination therapies.
                                        Accelerates and advances
                                   Imugene PD-1 vaccine program by
                                                24 months

                                                                                                   17
EXECUTIVE SUMMARY

• Experienced management & board: Meeting milestones and successful
  M&A activity
• Imugene B-cell vaccine pipeline: Broadened and strengthened clinical
  programs globally, include U.S. and European centres
   • HER-Vaxx milestones of Phase v1b recruitment completed; Phase 2
     activity commences
   • KEY-Vaxx pre-clinical work started
• Synergistic technology licensed from Ohio State University and The Mayo
  Clinic: Full spectrum of indications and targets to choose from, including
  check point inhibitors and combination therapies

                                                                               18
Leslie Chong
  Chief Executive Officer &
     Managing Director
              v
leslie.chong@imugene.com
  +61 458 040 433
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