A WORLD WITHOUT INFECTIOUS DISEASE - Vir Biotechnology, Inc - VIR Bio Overview
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The image part with relationship ID rId2 was not found in the file. The image part with relationship ID rId2 was not found in the file. A WORLD WITHOUT INFECTIOUS DISEASE Vir Biotechnology, Inc. 39th Annual J.P. Morgan Healthcare Conference January 12, 2021 1
Legal disclaimers Forward-Looking Statements Statements in this presentation that are not statements of historical fact are forward-looking statements. Such forward-looking statements include, without limitation, statements regarding our research and clinical development plans, expected timing of commencement of clinical trials, our goals with respect to the prophylaxis or treatment of SARS-CoV- 2/COVID-19, HBV, influenza A, tuberculosis and HIV, our manufacturing and commercialization plans, our objectives, strategy, technology platform and clinical trial designs, the potential benefits of our collaborations, regulatory matters, market size and opportunity and our ability to complete certain milestones. Words such as “believe,” “anticipate,” “plan,” “expect,” “intend,” “will,” “may,” “goal,” “potential” and similar expressions are intended to identify forward-looking statements, though not all forward-looking statements necessarily contain these identifying words. These forward-looking statements are based on the beliefs of the management of Vir Biotechnology, Inc. (the “Company”) as well as assumptions made by and information currently available to the Company. Such statements reflect the current views of the Company with respect to future events and are subject to known and unknown risks, including business, regulatory, economic and competitive risks, uncertainties, contingencies and assumptions about the Company, including, without limitation, risks inherent in developing the Company’s products and technologies, future results from the Company’s ongoing and planned clinical trials such as unexpected data or clinical site activation rates or clinical trial enrollment rates that are lower than expected, difficulties arising from our collaborations, challenges in accessing adequate manufacturing capacity, the Company’s ability to obtain adequate financing to fund its planned clinical trials and other expenses, trends in the industry, changes in the competitive landscape, delays or disruptions due to the COVID-19 pandemic, the legal and regulatory framework for the industry, unexpected litigation or disputes and future expenditures. In light of these risks and uncertainties, the events or circumstances referred to in the forward-looking statements may not occur. The actual results may vary from the anticipated results and the variations may be material. Other factors that may cause the Company’s actual results to differ from current expectations are discussed in the Company’s filings with the U.S. Securities and Exchange Commission, including the section titled “Risk Factors” contained therein. These forward-looking statements should not be taken as forecasts or promises nor should they be taken as implying any indication, assurance or guarantee that the assumptions on which such forward-looking statements have been made are correct or exhaustive or, in the case of the assumptions, fully stated in this presentation. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date this presentation is given. Except as required by law, the Company undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. The Company claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 for all forward-looking statements. This presentation discusses product candidates that are under clinical study and which have not yet been approved for marketing by the U.S. Food and Drug Administration. No representation is made as to the safety or effectiveness of these product candidates for the use for which such product candidates are being studied. The trademarks included herein are the property of the owners thereof and are used for reference purposes only. Such use should not be construed as an endorsement of such products. © 2021 Vir Biotechnology, Inc. 2
The image part with relationship ID rId2 was not found in the file. Taking on the most serious infectious diseases The image part with relationship ID rId2 was not found in the file. Potential best-in-class Strong Near-term technologies execution value drivers Multiple mid- COVID-19 Phase 3 data Dual-action and late-stage COMET-ICE, ACTIV-3 antibodies clinical compounds Potential best-in-class HBV Phase 2 data Differentiated VIR-2218 + PEG-IFN-⍺ siRNA therapies COVID-19 antibodies Programmable Proof-of-biology data Leading program VIR-1111, VIR-7832, VIR-3434 T cell vaccines for HBV functional cure Multi-pathogen targeted Clinical starts Flu A and HIV prevention VIR-2218 + VIR-3434, small molecules breaking new ground VIR-2218 + Gilead assets, VIR-2482 © 2021 Vir Biotechnology, Inc. 3
2020: Delivering on multiple fronts Identified potent, differentiated antibodies for COVID-19 Rapid response to Initiated two Phase 3 trials: early treatment and hospitalized patients COVID-19 Established pan-coronavirus collaboration with GSK Established POC for lead HBV candidate (siRNA) Leading the way toward Initiated POC trial for antibody as a therapeutic T cell vaccine HBV functional cure Initiated first POC combination trial for HBV functional cure Continuing to advance Completed Phase 1; confirmed potential for 1X/seasonal dosing for Flu A our pipeline in Initiated Phase 1 trial of prophylactic T cell HIV vaccine Influenza A and HIV Significantly strengthened our balance sheet © 2021 Vir Biotechnology, Inc. 4
2021: A transformational year ahead With the potential to…. Deliver COVID-19 Seek regulatory approval and launch our first antibody solutions Demonstrate that antibodies can stimulate T cell immunity Deliver clinical milestones for potential best-in-class HBV portfolio Lead the way toward Vir programs and new Gilead clinical collaboration HBV functional cure • POC for siRNA + PEG-IFN-⍺ • Phase 2 initiation for siRNA + antibody • POC for antibody • Phase 2 initiation for siRNA + Gilead assets Continue to advance Initiate POC trial for universal prophylaxis for Flu A our pipeline in Generate first-in-human data for novel vaccine platform in HIV Influenza A and HIV …become a revenue-generating company © 2021 Vir Biotechnology, Inc. 5
Vir development pipeline Antibody siRNA T cell Product Treatment/ Disease Area Pre-clinical Phase 1 Phase 2 Phase 3 Collaborator Candidate Prophylaxis Early treatment VIR-7831 (Ambulatory) Late treatment VIR-7831 (Hospitalized) COVID-19 VIR-7831 Prophylaxis VIR-7832 Treatment VIR-2218 Treatment VIR-2218 + HBV Treatment PEG-IFN-⍺ VIR-3434 Treatment Influenza A VIR-2482 Prophylaxis HIV VIR-1111* Prophylaxis *Vaccine designed to establish proof of concept in Phase (Ph) 1 clinical trial to determine whether unique immune *COVID-19: coronavirus disease 2019; HIV: human immunodeficiency virus; response observed in non-human primates can be replicated in humans; ultimately, any candidates we advance as a © 2021 Vir Biotechnology, Inc. HBV: hepatitis B virus 6 potential HIV vaccine will require modifications to VIR-1111 before further clinical development.
COVID-19: Ongoing need for effective antibody therapy 88 MM Vaccines are Infections worldwide not enough 1.9 MM Herd immunity will take time Deaths worldwide Vaccine hesitancy remains 274K New cases per day (US) The virus is mutating * John Hopkins University (Data as of 1/7/2021) © 2021 Vir Biotechnology, Inc. 7
COVID-19: A rapidly evolving pandemic What we know now…. of circulating viruses ~ 88 million people infected* < 0.4% have been sequenced ~ 305,717 sequenced viruses** ~5% of the world’s population of the known sequences 75% come from only 4 countries UK (45%) US (18%) Denmark (7%) Australia (5%) What we still don’t know… • Genetic structure and medical implications of SARS-CoV-2 mutants • How virus will respond to immune pressure (i.e., seroprevalence ~10%***) Why this matters: majority of clinical antibodies target the RBM†, which is highly variable * John Hopkins University (Data as of 1/7/2021) ** GISAID (human seqs, low coverage excluded) (Data as of 1/3/2021) © 2021 Vir Biotechnology, Inc. 8 *** www.serotracker.com † RBM: Receptor Binding Motif
COVID-19: The South African variant… January 5, 2021 “…appears to ‘obviate’ antibody drugs.” – Dr. Scott Gottlieb “…might have a negative impact on the January 6, 2021 efficacy of some of the monoclonal antibodies that are used.” – Dr. Anthony Fauci © 2021 Vir Biotechnology, Inc. 9
VIR-7831: Binds to a site that is highly conserved Scottish mutant VIR-7831 is + expected to retain activity against all UK mutant four variants + South African mutant The same cannot be said for other + clinical-stage Mink mutant antibodies Month & Year GISAID (human seqs, low coverage excluded) >1018 aa (80% full length) © 2021 Vir Biotechnology, Inc. 10
VIR-7831: A differentiated, dual-action antibody Blocks virus entry into healthy cells + Clears infected cells © 2021 Vir Biotechnology, Inc. 11
VIR-7831: Potential best-in-class antibody Improved lung Blocks viral entry bioavailability3 into healthy cells (neutralization)1,2 Dual-Action Clears infected cells Extended Engineered to have by recruiting the half-life1,2 potent and lasting immune system1,2 effects against SARS-CoV-2 and other CoVs* Low dose High barrier to resistance; allows for IM potential to address formulations future pandemics2 * Sarbecoviruses. 1. Pinto D, et al. Nature. 2020;583:290–5; 2. Vir Biotechnology, Press release, 18 May 2020 (accessed November 13, 2020); © 2021 Vir Biotechnology, Inc. 12 3. Hope, IAS 2019- HIV & HBV Cure Forum, Mexico City
VIR-7831 and VIR-7832: A robust clinical program Trial Population Primary Endpoint Milestones Patients at high risk PHASE 3 Reduction in hospitalization of hospitalization and/or death Data Early Treatment (VIR-7831) (e.g., obesity, diabetes, age >55) (1Q:2021) Time to sustained recovery PHASE 3 Mild, moderate, and higher- (i.e., discharged, home for severity hospitalized patients 14 consecutive days) and/or Part 1 review reduction in death (1Q:2021) Hospitalized (VIR-7831) PHASE 3 Uninfected individuals Prevent symptomatic at high risk infection Start Prophylaxis (VIR-7831) (2Q:2021) Safety and tolerability of PHASE 1b/2a Patients at high risk of hospitalization (age >55) VIR-7832; virologic comparison Start Early Treatment of VIR-7831 and VIR-7832 (1Q:2021) (VIR-7832/VIR-7831) © 2021 Vir Biotechnology, Inc. 13
Vir-GSK: A pan-coronavirus collaboration Creating A Robust Coronavirus Portfolio For Impact Today and in the Future Partnership benefits: Scale and speed of commercialization Developing pan-corona Manufacturing and supply antivirals using functional genomics and antibodies Data sciences, human genetics Accelerating development Developing Medicinal chemistry of COVID-19 antibodies pan-corona vaccines Future pandemic planning VIR-7831, VIR-7832 © 2021 Vir Biotechnology, Inc. 14
HBV functional cure program Our goal Achieve HBV functional cure* through combination therapy Suppress Stimulate Our approach the virus and enhance the immune system • Inhibits virion production VIR-2218 (siRNA) Our core assets • Removes tolerogens address both • Prevents viral entry VIR-3434 (mAb) • Removes tolerogens • Acts as a T cell vaccine *Functional cure: undetectable hepatitis B virus surface antigen (HBsAg), defined as less than 0.05 international units per milliliter, as well as HBV DNA less than the lower limit of quantification, © 2021 Vir Biotechnology, Inc. 15 in the blood six months after the end of therapy.
Broadest HBV functional cure portfolio Ongoing / Planned Combination Trials VIR-2218 Potential Best-In-Class siRNA Currently in PEG-IFN-⍺ as “backbone” of therapy Phase 2 VIR-3434 Start Phase 2 + mAb trial in 2H:2021 GS-9688 TLR-8 Agonist Start Phase 2 nivolumab trial in 2021 Substantial, Durable, and Dose Dependent PD-1 Reduction of HBsAg through 36 weeks BRII-179 Start Phase 2 T cell vaccine trial in 1H:2021 Note: current and planned trials are/will be conducted in patients with chronic HBV on nucleotide/nucleoside reverse transcriptase inhibitors (NRTIs), which are standard of care treatment. © 2021 Vir Biotechnology, Inc. 16 PEG-IFN: pegylated interferon alpha.
VIR-2482: Universal prophylaxis for Influenza A Expected advantages of VIR-2482 Influenza Hemagglutinin (HA) In vitro, covers all major strains of Influenza A since the 1918 pandemic Most Vaccine-Induced Antibodies Does not rely on host immune system to mount a response IM administration (like the flu shot) Extended half-life with potential for VIR-2482 1X/seasonal dosing Variable amino acids Start Phase 2 in 4Q:2021 Conserved amino acids with expected POC data 1H:2022 Conserved epitope © 2021 Vir Biotechnology, Inc. 17
T cell platform progress Culmination of a decade-long collaboration with Oregon Health & Science University with support from the Bill & Melinda Gates Foundation “We are pleased to have initiated the first Phase 1 trial to evaluate our T cell platform, which explores the potential for immune-programmed vaccines to treat and prevent serious infectious diseases like HIV.” HIV vaccine candidate begins HIV Vaccine: Vir Biotechnology first clinical trial in humans Announces First Patient Dosed © 2021 Vir Biotechnology, Inc. 18
2021 anticipated catalysts Catalyst Disease area Anticipated timing VIR-7831 (mAb) Phase 3 (Early Treatment, COMET-ICE) data COVID-19 1Q:2021 VIR-7831 (mAb) Phase 3 (Hospitalized, ACTIV-3) part 1 review COVID-19 1Q:2021 VIR-7832 (mAb) Phase 1b/2a (Early Treatment, AGILE) start COVID-19 1Q:2021 VIR-7831 (mAb) Phase 3 (Prophylaxis) start COVID-19 2Q:2021 VIR-2218 (siRNA) Phase 2 one-year response durability data HBV 1H:2021 VIR-2218 (siRNA) + BRII-179 Phase 2 start HBV 1H:2021 VIR-2218 (siRNA) + VIR-3434 (mAb) Phase 2 start HBV 2H:2021 VIR-2218 (siRNA) + PEG-IFN-⍺ Phase 2 initial data HBV 2H:2021 VIR-2218 (siRNA) + GS-9688 + nivolumab Phase 2 start HBV 2021 VIR-2482 (mAb) Phase 2 start Influenza A 4Q:2021 VIR-2482 (mAb) Phase 2 POC data Influenza A 1H:2022 VIR-1111 (T cell) Phase 1 initial data HIV 2H:2021 © 2021 Vir Biotechnology, Inc. 19
Vir Biotechnology Significant near-term value drivers Two Phase 3 COVID-19 read-outs for VIR-7831; seek approval and launch our potential best-in-class antibody Leading the way toward a functional cure for HBV Advancing clinical pipeline in Influenza A and HIV Even more potential value to be unlocked Multi-pathogen targeted small molecules Vaccinal antibodies Immune programming Our mission is to create a world without infectious disease © 2021 Vir Biotechnology, Inc. 20
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