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. OIS@SECO | Feb 21th 2019, New Orleans © 2019 Novaliq 1
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
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
Pathogenesis-driven Dry Eye Disease Clinical Phenotypes Ocular Surface Damage and Tear Film Instability impair Visual Function evaporative aqueous deficient © 2019 Novaliq 4
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
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
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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