Building leadership in topical therapies for chronic inflammatory conditions

Page created by Jimmy Hubbard
 
CONTINUE READING
Building leadership in topical therapies for chronic inflammatory conditions
PAD™ Technology - releasing the full potential

                         Building leadership in topical therapies for chronic inflammatory
                         conditions

© mc2 therapeutics  1
Building leadership in topical therapies for chronic inflammatory conditions
Highlights – MC2 is ready to leverage its favorable position in topicals

             Mature private
                              Privately held emerging pharma company focused on topicals and inflammatory conditions
               company

                Late stage
                              Launch in psoriasis 2020/21 (US and EU) + other Ph3/2 assets and strong news flow
                 pipeline

          PAD™ enables a
                              PAD™ Technology – an innovative solution enabling an array of new topical therapies
           paradigm shift

         Significant market
                              Market dynamics provide a unique opportunity for MC2 to build leadership in topicals
            opportunity

© mc2 therapeutics  2
Building leadership in topical therapies for chronic inflammatory conditions
MC2 is addressing attractive opportunities in the topical dermatology industry

             Leading topicals can be
              significantly upgraded

                                                                                   ❖   Penetration
             New potent molecules

                                                                                                                     The innovative
                                                                                   ❖   Stability
             are difficult to formulate                                            ❖   Tolerability

                                                                                                                        solution
                                                                                   ❖   New patents

                                                                                   Annual patient cost
             Payers need new tools
               to defend topicals                                                  Biologics $20 - 60,000
                                                                                   Topicals ~ $2,000

             Patients are longing for
              convenience in daily                                       Greasy!

                    routines
                                          Current leading formulations              Not doable in daily routines –
                                          are ointments, liquid oils                very low compliance

© mc2 therapeutics  3
Building leadership in topical therapies for chronic inflammatory conditions
Our business focus areas are synergistic and enhances brand value of PAD™ Tech

                                                                   Rx data enhances attention
                                                                   on BioMee and Tech License
                                                          Rx

                                                         PAD™
              PAD™ Tech License brings
              credibility to Rx and BioMee
                                                         Tech
                                                                               BioMee is a novel range of PAD™
                                             PAD™ Tech          BioMee         based consumer healthcare products
                                                                Non-Rx         designed for dry and sensitive skin
                                             License
                                                                               Enables pre-launch promotion of
                                                                               PAD™ based Rx vehicles and
                                                                               interactions with patients and
                                                                               physicians

© mc2 therapeutics  4
Building leadership in topical therapies for chronic inflammatory conditions
Experienced leadership team with a history of commercialization success

           Executive                      Previous Experience                                   Executive                   Previous Experience

                                                                                                                                      Business Development
           Jesper J. Lange, LLM               Attorney - Partner - M&A                          Ann Kristin Led, Exec. VP                    Director
           President & CEO                                                                      Finance & Strategy

                                      Senior Medical Scientist           Various managerial                                   Head of Business                 Research Analyst
           Johan Selmer, MD                                                   positions         Frédéric Gomez, Msc             Development
           Chief Medical Officer                                                                Business Development

                                           Research Manager              Department Manager
           Morten Præstegaard, PhD                                        (BioImage spin-off)   Samia Kappe, Exec. VP                Chief Executive Officer
           Chief Operating Officer                                                              Sales & Marketing EU

                                           Commercial Strategy           Marketing and Sales
           Christopher Billis                 Dermatology
           Chief Commercial Officer

© mc2 therapeutics  5
Building leadership in topical therapies for chronic inflammatory conditions
Support by experienced board of directors and strong investors

                                                       Board of Directors
        Name                      Experience
        Mads Clausen              Led the establishment of MC2 Therapeutics and serves as Chairman of the Board
        Chairman and Owner

        Paul L Berns              Appointed as President and Chief Executive Officer of Anacor Pharmaceuticals Inc. in 2014, prior to the
        Director                  company’s acquisition by Pfizer in June 2016
        Anders D. Hove, M.D.      Served most recently as a managing general partner at Venrock Associates (“Venrock”), a venture capital
        Director                  firm, which he joined in 2004 focusing on private and public biotech investments
        Mette Vagner Johannesen   Held executive roles in finance, strategy, HR, administration and general management
        Director

        Jesper J. Lange, LL.M.    Co-founder of MC2 Therapeutics and joined the company from his position as partner in a major Danish
        Director                  law firm

                                                       Investors / Owners
        Name                      Commentary

        Mads Clausen              Grandson of Danish industrialist and founder of Danfoss A/S

        Johan Schrøder family     Former owner of Radiometer A/S

© mc2 therapeutics  6
Building leadership in topical therapies for chronic inflammatory conditions
PAD™ Technology
                  - introducing a paradigm shift in topicals

© mc2 therapeutics  7
Building leadership in topical therapies for chronic inflammatory conditions
Optimal topical therapies for chronic conditions must meet four criteria

                           Actives              Formulation              Compliance         Hydration

                         Safe and potent        Optimal delivery         Want to use in      Helps barrier
                                                to target tissue         daily routines     repair and itch

                                           Releasing full clinical potential in real life

© mc2 therapeutics  8
Building leadership in topical therapies for chronic inflammatory conditions
PAD™ Technology is challenging status quo – introducing a new standard of topicals
                         Trial efficacy
                                                                                           All-in-one
                                                                              • Releasing full efficacy potential
                                                                              • High convenience in daily routines
                                                                 Paradigm
                                                                              • Moisturizing the skin
                                                                   shift

                   High
                                                                  PAD™
                                          Non-aqueous            aqueous
                                           e.g. greasy         formulations
                                           ointment or
                                             liquid oil

                                                           Aqueous
                                                          e.g. cream,
                   Low                                       lotion

                                                                              Comfortable – absorbs quickly, easy
                                                                              to apply and moisturizes skin
                                                Low              High         (preferred by patients in daily routines)
© mc2 therapeutics  9
Building leadership in topical therapies for chronic inflammatory conditions
PAD ™ structure – a new tool for effective relief and high convenience

                          Conventional cream                                                                     PAD™ Technology
                           oil drop structure                                                                    oil drop structure

                                                                                                                                   Water
                                                      Excess                           ✓ 10-30 fold less
                                                                      Surfactants

                                  Oil                                                                                       Oil
                                                     Fragile shell                     ✓ Thick & robust
                                                                     Shell structure

                                                                             PAD™ Benefits
                                                        ✓ Optimizes efficacy by improved delivery of actives (no API clustering)
                                   Low surfactants
                                                        ✓ No stinging – high tolerability

                                   Robust shell         ✓ Enables stabile water-based formulations of potent but unstable molecules

                                   Contains water       ✓ Very pleasant in daily routines - non-greasy, moisturizing, easy to spread

© mc2 therapeutics  10
The high impact of PAD™ is demonstrated in several projects
       Psoriasis US Ph3: MC2-01 is significantly better than leading                                                          NDA ready   Atopic dermatitis: PAD™ Tacrolimus outperforms Protopic® in            Preclinical
                         brand Taclonex® TS – same % actives                                                                                                 allergic contact dermatitis pig model
                                         50
               % PGA Treatment Success

                                                                       MC2-01 Cream

                                         40
                                                                       Taclonex                                 ****
                                                                       MC2-01 Vehicle              ****
                                         30
                                                                                        ****
                                         20

                                         10

                                         0
                                                      0                    2              4           6               8
                                                                                        Weeks

       Dry Eye: PAD™Cciclosporin – high efficacy in severe keratitis                                                            Phase 2   Atopic dermatitis: PAD™ crisaborole 2% has better delivery to dermis
                                                                                                                                                                                                                 Preclinical
               (dry eye) patients                                                                                                                            than Eucrisa® (minipig biopsies)
                                                                     80%                             p=0.023                                                                 6000
                                          2-grade corneal staining

                                                                     70%                                                                                                            Dermis
                                                                                                                                                                             5000

                                                                                                                                                          ng/g crisaborole
                                                                     60%            p=0.003
                                                                                                                          p=0.020
                                                responders

                                                                     50%                                                                                                     4000
                                                                     40%                                                                                                     3000
                                                                     30%
                                                                                                                                                                             2000
                                                                     20%
                                                                     10%                                                                                                     1000
                                                                     0%                                                                                                         0
                                                                              Month 1        Month 3        Month 6
                                                                           0.03% CsA      Vehicle   Lubricant

© mc2 therapeutics  11
                                                                                 n = 25 per group, non-imputed data
PAD™ formulations are even more pleasant than conventional creams – paradigm shift

             Conclusion on cosmetic acceptance comparing PAD™ Vehicle to conventional creams:

             ”Overall the PAD™ Vehicle was considered to be the main formulation having highest patient acceptance”

                                          Formulation preference*                               Quotations from physicians
                                   35
                                         USA                                                                   ”This is closer to
      Preferred by % respondents

                                   30    Germany                                                               cosmetics than
                                                                                                               conventional drugs
                                         Japan                                     ”It feels elegant on the
                                   25                                                                          (Japan)”
                                                                                   skin – it’s easily
                                                                                   spreadable and does not               “The advantage over the others is
                                   20
                                                                                   leave much residue (USA)”             that it spreads well and vanish
                                   15                                                                                    quickly – you can put on clothes
                                                                                                                         quickly; you do not have to wait or
                                   10                                                                                    wonder whether you can put on a
                                                                                                                         white shirt because greasy spots
                                   5                                                                                     may appear (Germany)”

                                   0
                                        Cream A      Cream B        PAD™ Vehicle

                                                                                       *N=70 Physicians (USA 30, EU 20 and Japan 20)
                                                                                        Study performed by third party
© mc2 therapeutics  12
MC2 Rx Pipeline
                  MC2-01 Psoriasis
                  MC2-03 Dry Eye
                  MC2-11 Atopic Dermatitis
                  MC2-22 Atopic Dermatitis
                  MC2-25 Uremic Pruritus

© mc2 therapeutics  13
Rx pipeline: Mature and targeting major chronic inflammatory conditions

         Program          Active Ingredient Indication            MC2 Rights    Pre-Clinical   Phase 2   Phase 3          Filing    Launch

                                                                  Worldwide                         US                US Q3-2019   US H2-2020
         MC2-01           Calcipotriene/BDP   Psoriasis                                                                     1
                                                                  2038                         EU                     EU H1-2020
                                                                                                                      ,
                                                                                                                                    EU 2021

                                                                  Worldwide                                                         EU 2024
         MC2-03           Ciclosporin         Dry Eye                                                    Start 2020
                                                                  2032                                                              US TBD

                                                                  Worldwide
         MC2-11           Tacrolimus          AD/Inv. Psoriasis                                H1 2020                               2024
                                                                  2037

                                                                  Worldwide
         MC2-22           Crisaborole         AD and Psoriasis    2037                          2020                                  TBD
                                                                  FTO 2027-30

                                                                  Worldwide
         MC2-25           Undisclosed         Uremic Pruritus                                   2020                                 2024
                                                                  2038

© mc2 therapeutics  14
BioMee™ (PAD™ Non-Rx pipeline)
                  MC2-02 Anti-itch
                  MC2-10 Sanitizer
                  MC2-18 Barrier protection
                  MC2-21 Dry Skin
                  MC2-26 Sunscreen

© mc2 therapeutics  15
PAD™ offers a unique vehicle branding opportunity – “New pearl in dermatology”

© mc2 therapeutics  16
BioMee™ Health: Unique non-Rx products that also supports Rx launch activities

      Program             Type              MC2 Rights   Health claim                                            Clinical data    Launch

                          Cosmetic / Med.   Worldwide    Severe dry skin: Designed for severe dry skin
      MC2-21                                                                                                        H2-2019       H2-2019
                          Device            2024         associated with filaggrin deficiency

                          Cosmetic / Med.   Worldwide
      MC2-02                                             Anti-itch: Designed for aged itchy and dry skin              TBD          2020
                          Device            2038

                                                         Sanitizer: World’s first cream based sanitizer
                          Cosmetic /        Worldwide
      MC2-10                                             Designed as a truly moisturizing sanitizer meeting         H2-2019      US H2-2019
                          antiseptic        2026
                                                         hospital standards
                                                         Barrier Protectant: Designed to protect skin against
                          Cosmetic / Med.   Worldwide
      MC2-18                                             occupational toxins and harsh skin conditions thereby      Q1-2020       H2-2019
                          Device            2024
                                                         preventing contact dermatitis

                                            Worldwide
      MC2-26              Sunscreen                      Sunscreen: Designed for sensitive skin – SPF 50              TBD          2020
                                            2024

© mc2 therapeutics  17
BioMee: The new brand of innovative non-Rx therapies for dry and sensitive skin
            Unmet need                                                         Market
            10-20% of the global population suffers from dry, itchy and        The OTC and consumer care markets are very large and
            sensitive skin for various reasons                                 growing and is to a large extent driven by marketing muscles

            BioMee is the brandname of a new range of innovative patented      BioMee™ Health product line is an excellent tool to promote the
            PAD™ enhanced creams (non-Rx) designed for various types of        new PAD™ creams to physicians and patients ahead of Rx
            dry and sensitive skin                                             launches and offer differentiated therapies

            Life companions for consumers and professionals                    BioMee™ Beauty has the potential to evolve into a valuable
                                                                               consumer brand

            Data          MC2-02 Cream improved severe dry skin in filaggrin   Next milestone
                          deficient patient and reduced use of steroids

                                                                               Q419’: Data from clinical trial of Dry Skin in moderate to severe
                                                                               dry skin patients

                                                                               Q419’: Launch of new products covering Dry Skin, Barrier,
                                                                               Sanitizer and Itchy Dry Skin

                            August 21st, 2018           Nov 14th 2018
© mc2 therapeutics  18
We make topical products that patients want to use

                                            By using PAD™ vehicles to release
                                            the full potential of active ingredients

                We make topical products
                that patients WANT TO USE

                                                                                   Pleasant, effective drugs,
                                                                                   medical devices & cosmetics
                                                                                   in elegant dispensers

                                            Network oriented business model
© mc2 therapeutics  19
                                            integrating contributors and partners
Release your full
            potential

© mc2 therapeutics  20
You can also read