Adjuvance 2021: Progressing adjuvant and vaccine development
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Adjuvance at a glance • Developing next-generation • Dual value saponin adjuvants and • Adjuvant platform out-licensing vaccines • Internal vaccine development • Strong immune stimulation • Adjuvant platform discussions • Favorable tolerability and with > 20 partners manufacturing • Adjuvant & vaccine expertise on • TQL-1055 Phase 1 results team & boards with pertussis vaccine; Phase 1 with shingles vaccine in • Series B financing H1 2022 2022
Saponin adjuvants are proven in high-value and global health vaccines Saponin MATRIX-M™ QS-21 TQL-1055 TLR4+liposome >$2 Adjuvance AS01 billion lead candidate sales COVID-19 / Influenza / Shingles / malaria Malaria / TB Shingles: GSK annual report
Some saponin adjuvants present a mixed profile Highly effective Poor tolerability Shingles vaccine efficacy comparison Shingles vaccine tolerability comparison 100 90 Adverse 80 Placebo Shingrix® Event (AE) Vaccine efficacy 70 60 50 Any solicited 34% 84% 40 AE (32-35) (83-86) 30 20 10 Solicited local 12% 81% 0 AE (11-13) (80-82) 1 2 3 4 5 6 7 8 Years since vaccination Grade 3 Live attenuated Recombinant AS01 adjuvant 3.1% 16.5% Zostavax® Shingrix® AE
TQL-1055: Optimized saponin adjuvant • Simplified, stabilized version of QS-21 • Semi-synthetic entity designed to improve tolerability QS-21 TQL-1055
Sustainability and manufacturing efficiency limits Saponin MATRIX-M™ QS-21 TQL-1055 Limited by TLR4+liposome terminal bark harvest AS01 Sustainable, efficient, scalable
TQL-1055 has multiple advantages Other saponins TQL-1055 Adjuvanticity Excellent Excellent Tolerability Poor Improved Source materials Limited Expanded Yield Low Increased Purity Mixed High Stability Limited Increased Manufacturing Low Increased efficiency Doses per year ? ~3B Regulatory Accepted Phase 1 clinical results
Foundation of value is next generation saponin adjuvant, TQL-1055 Vaccines Immuno-oncology Pertussis Malaria, Available Shingles COVID TB, etc. vaccine Adjuvants flu Multiple out- Multiple out- Antigen gE Combination licensed licensed adjuvant Other Multiple TLR9 agonist adjuvant available (?) Combination adjuvant TLR4 Multiple TLR4 agonist agonist available adjuvant Saponin QS-21 / TQL-1055 adjuvant Matrix-M
TQL-1055: Improved tolerability • Hemolysis associated with QS-21, but not TQL-1055 • Weight loss associated with QS-21 containing vaccines, but not vaccine containing TQL-1055 • NOAEL of > 2000 mcg/dose
TQL-1055: Functional response in COVID SARS-CoV-2 sVNT IC 50 Inhibition: S.C. Injection 16384 IC 5 0 In h i b it io n (1 / d il u ti o n ) 4096 1024 256 64 16 4 1 SARS-CoV-2 FL 1μg 1μg + 1μg + 1μg + 10μg 1055 30μg 1055 100μg 1055 After a second dose TQL1055: PRO-5-01-001
TQL-1055: Influenza response with 128-fold less Anti-H3N2 Total antigen IgG Endpoint Post Dose 2 Titers ✱ 10 8 ✱ ✱✱ 10 7 ✱✱ Endpoint Titer Post Dose 2 (D28) Influenza A/H3N2 (1/dilution) 10 6 Anti-H3N2 IgG 10 5 10 4 Initial Dilution 10 3 A/H3N2 HA dose, mcg 4.5 0.28 0.14 0.07 0.03 L1 CS µg L10 S L1 CS S k lo C C - 16x 32x 64x 128x uB 55 5 TQ 55 5 HA Dose reduction 05 05 10 Fl TQL1055 dose, mcg - 30 30 30 30 L µg TQ Q Geometric Mean Titer 290627 Q 932868 1276401 1197516 861372 T T ****P ≤ 0.0001; ***P ≤ 0.001; **P ≤ 0.01; *P ≤ 0.05 5 4. µg µg g ok 0 µ 30 30 30 3 + + + + ok ok ok
TQL-1055 combined with TLR4 elicits response similar to AS01 gE Antigen dose, mcg 5 5 5 5 TQL1055 dose, mcg - low high - TLR4 agonist - + + - AS01 - - - + *P ≤ 0.05 GMT 949 336323 524413 475612
Pipeline of vaccine candidates Pre- Discovery Phase 1 clinical Pertussis ✓ ✓ ✓2021 (PAVA) Shingles ✓ ✓ 2022
Pertussis acellular vaccine adjuvanted (PAVA) Phase 1 Interim Data Summary and Conclusions • Study enrolled 72 healthy adults 18 – 50 years of age; >3 year post pertussis booster • Escalating TQL-1055 doses from 25 – 800 mcg with a commercial pertussis vaccine • Control = commercial pertussis vaccine alone • PAVA was well tolerated at doses up to 800 mcg • PAVA’s safety profile was similar to the commercial vaccine • Local and systemic reactions were predominantly mild • An anti-pertussis toxin response was observed in all groups 28 days after the single dose
Shingles vaccine Our promise: Our progress: Better tolerated shingles vaccine Phase 1 planned for 2022 Adverse Placebo Shingrix® Event (AE) Pre-IND ✓ 2020 meeting Any solicited 34% 84% AE (32-35) (83-86) Solicited local 12% 81% Toxicology ✓ 2021 AE (11-13) (80-82) Solicited Grade 3 3.2% 17.0% AE Phase 1 • 2022
Experienced Management Team Tyler Martin, MD, CEO Accomplished adjuvant and vaccine developer FluAd® with MF59; Heplisav® with CpG 1018 Sean Bennett, MD/PhD, CMO Aeras, Dynavax, Aimmune, PaxVax, Emergent Pat Frenchick, PhD, CSO Adjuvant immunologist Melissa Malhame, MBA, VP Business Development Merck, Dynavax, Gavi, The Vaccine Alliance Stephan Schulze, MBA, CFO Experience with public and private life science companies
Scientific Advisory Board Stanley Plotkin, MD, Chairman Margaret Liu, MD •Formerly Professor, Penn & Wistar Institute •Pioneer of nucleic-acid vaccine development •Executive Advisor, Sanofi Pasteur •Adjuvance director •Chair, Infectious Disease Committee, AAP •Chair, MID Research Committee, NIH •Editor, Vaccines •Developer of rubella vaccine •Co-Developer: polio, rabies, varicella, rotavirus, cmv Greg Poland, MD Phil Livingston, MD •Director, Mayo Clinic Vaccine Research Group •Cancer Vaccine Pioneer, MSKCC •Editor in Chief, Vaccine •Adjuvance Co-Founder
Board of Directors Tyler Isaac Margaret Stephen Ken Kelley Martin, MD, Cheng, MD Liu, MD Dilly, • Former CEO Chairman • Morningside • Nucleic-acid MBBS/PhD PaxVax Ventures vaccine • CEO Sierra pioneer, Oncology, global health Former CEO expert Aimmune, Former CMO Chiron
Company Value Dual approach to value creation: Out- Internal Vaccine licensing Development adjuvants Upfront, Sales revenue milestones, Infectious royalties disease, Infectious disease Immuno- Supply oncology Licensing fees, agreement royalties revenue
Development Plan TQL-1055 TQL-1055 combination adjuvant(s) ✓ IND enabling studies ✓ IND enabling studies ✓ GMP manufacture ✓ GMP manufacture ✓ First in human trial • First in human trial (planned 2022) ✓ Dose escalating RCT in infectious disease • Dose escalating RCT in infectious disease • Available for out-licensing partnerships • Internal product development focused • Several under discussion • Potential out-license with supply agreement • Out-license with supply agreement • Targets: infectious disease, immuno-oncology, • Target: infectious diseases neurobiology, substance abuse vaccines, allergy vaccines
Finances • Adjuvance is pre-revenue • Awarded $3.5 M in non-dilutive grants/contracts • Out-licensing partnerships under discussion • Closed $24 M paid-in capital ($20 M Series A round in 2019)
Thank you! Tyler Martin, MD Chairman, President & CEO tyler@adjuvancetechnologies.com Tel: (402) 817.5050
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