Corporate Presentation - Inhibiting NOX enzymes to treat multiple diseases with high medical need - Genkyotex
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Corporate Presentation Inhibiting NOX enzymes to treat multiple diseases with high medical need Euronext: GKTX October 2019
Disclaimer This document has been prepared by Genkyotex (the "Company") and is for information and background purposes only. While the information contained herein has been prepared in good faith, neither the Company, nor its shareholders, directors, officers, agents, employees, or advisors give, have given or have authority to give, any representations or warranties (express or implied) as to, or in relation to, the fairness, accuracy, reliability or completeness of the information in this document, or any revision thereof, or of any other written or oral information made or to be made available to any interested party or its advisers, including financial information (all such information being referred to as “Information”), and liability therefor is expressly disclaimed. 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Genkyotex: Establishing NOX inhibition as a new therapeutic class We discover and develop oral small molecule NOX inhibitors — Activation of NOX enzymes is key in many multifactorial diseases — World Health Organization (WHO) recognized NOX inhibitors as a new therapeutic class Lead asset setanaxib (GKT831): a potent anti fibrotic oral small molecule — JDRF-funded Phase 2 trial in kidney fibrosis (DKD) ongoing — NIH-funded Phase 2 trial in idiopathic pulmonary fibrosis (IPF) to be launched in 2019 — Further potential in NASH, PSC, and immuno-oncology PBC Phase 2 provides clinical evidence of anti-fibrotic activity in liver fibrosis – a reduction of ~3kPa indicating an average of 1-point liver fibrosis reduction Partnership with Serum Institute of India Private Ltd valued at up to €150 million + royalties Trading on Euronext as GKTX since March 2017 — Cash and cash equivalents of €3.1 million as of September 30 2019, cash runway to March 2020 — French research tax credit of €0.9 million for 2018 was received in October Ph2 PBC highlight the potential of setanaxib as an anti-fibrotic therapy in the liver, lung, skin, kidney and other organs Page 3
Seasoned management team with international life sciences experience Elias Papatheodorou 25 years of experience in biotechnology and multinational companies Chief Executive Officer Ex- Philip Morris International, The Coca Cola Company, Novosom AG, Medigene AG and Covagen AG Covagen was acquired by Janssen Pharmaceuticals, a J&J Company Strong track record in fundraising, business & corporate development and licensing transactions Philippe Wiesel Lead clinical research programs at Serono’s EU and US offices, including the phase 3 program (ex-US) for Raptiva in psoriasis, leading to the first EMA approval of a biologic Chief Medical Officer & EVP agent for psoriasis Conducted basic research in the laboratories of Professor Edgar Haber at Harvard Medical School, and of Professor Hans Brunner at the Division of Hypertension in Lausanne Diverse experiences in Finance with Novartis from 2007-2010 & Alexion from 2010 to Alexandre Grassin 2012 VP Finance & Administration Financial Auditor with KPMG Page 4
Discovery platform delivers broad pipeline in diseases with high medical need Setanaxib Phase 2 PBC data support development in multiple fibrotic diseases Program Preclinical Phase 1 Phase 2 Phase 3 Primary Biliary Cholangitis (PBC) Setanaxib - Liver Fibrosis Final results published July 2019 Diabetic Kidney Disease (DKD) in T1D Setanaxib - Kidney Fibrosis (IIT1 funded by JDRF2 - Trial launched in H2 2017) Idiopathic Pulmonary Fibrosis (IPF) Setanaxib - Lung Fibrosis (IIT funded by US NIH3 – IND approved by FDA) NOX1 inhibitors Preclinical Novel NOX inhibitors Discovery Pertussis vaccine Vaxiclase (Licensed to SIIPL) 1Investigator initiated trial 2 Juvenile Diabetes Research Foundation 3 National Institutes of Health Page 5
NOX inhibitors: pathway based medicine addressing validated disease targets NOX stands for a group of enzymes called NADPH Oxidases A family of 7 enzymes that amplify multiple signaling pathways NOX NOX1 NOX2 NOX3 NOX4 NOX5 DUOX1 DUOX2 VALIDATED NF-kB PI3K NMDA TRPV1 TGF-b PDGF DISEASE TRPV1 VEGF (CNS) (hearing loss) RANKL TLR4 NA Thyroid hormone iodination PATHWAYS DISEASE Inflammation Angiogenesis Fibrosis Proliferation PROCESSES We focus on fibrotic diseases by targeting NOX1 and NOX4 with setanaxib Page 6
NOX 1 & 4 are major drivers of fibrogenesis in multiple organs Setanaxib NOXs activates pathways such as TGF-b, PDGF, Hedgehog, TLR4, and CCL2 FIBROGENIC PATHWAYS hog Hedge Proliferation LUNG PDGF FIBROSIS LUNG INJURY Contractility Smoking ET-1 Toxic chemicals Inflammation Fibrogenesis b1 TGF- LIVER NOX/ROS Matrix degradation MMP-2 FIBROSIS LIVER INJURY Steatosis TLR4 Quiescent Cholestasis MCP-1 Chemotaxis Activated fibroblast Hep C/HepB myofibroblast Alcohol PDGF Retinoid loss RENAL INJURY KIDNEY Hyperglycemia MCP WBC chemoattraction FIBROSIS -1 High blood pressure Inflammation Pathways amplified by NOX1/4 Setanaxib downregulates the activation of multiple clinically validated fibrogenic and apoptotic pathways* *Sources: Brenner DA, Hepatology 2012, Brenner DA, PLoS One, 2015, Torok N, Free Radic Biol Med, 2012. Torok N, Gastroenterology, 2015; Thannickal V, Science Trans Med, 2014; Gray SP, Circulation, 2013 Page 7
Fibrosis: ~45% of all deaths in the developed world1 Setanaxib We focus on Key fibrosis markets with setanaxib Idiopathic Pulmonary Fibrosis Liver fibrosis impacts 300 to (IPF) affects 3 million people 700 million people worldwide2 worldwide3 1st product in NASH to be approved based 2 approved products in IPF each with on anti-fibrotic activity in only 23% of sales around 1 billion USD sales per year patients Pirfenidone to become generic allowing Fibrosis drives transplants and remains the combination strategies unmet medical need Diabetic Kidney Disease Immuno-oncology therapies develops in 20% to 40% of all not as effective in highly diabetics6 fibrotic tumors Diabetic Kidney Disease (DKD) is the Cancer associated fibroblasts (CAFs) leading cause of end-stage renal disease4 oppose immunotherapies by shielding Affects 14% to 31% of people with type 1 tumors from T-cells diabetes after 20 years of diabetes5 Targeting CAFs with setanaxib restores response to immunotherapies Source 1: The Journal of Clinical Investigation; Common and unique mechanisms regulate fibrosis in various fibroproliferative diseases; March 2007. Source 2: The global impact of hepatic fibrosis and end-stage liver disease ; Lim YS1,Kim WR. ClinLiver Dis.2008 Nov;12(4):733-46, vii. doi: 10.1016/j.cld.2008.07.007. Source 3: Nalysnyk L., et al. Incidence and Prevalence of Idiopathic Pulmonary Fibrosis: Review of the Literature. Eur Respir Rev. 2012;21(126):355-361. Source 4: Hovind P, Tarnow L, Rossing K, et al. Diabetes care 2003;26:1258-64. Source 5: Groop PH, Thomas MC, Moran JL, et al. Diabetes 2009;58:1651-8. Source 6: Diabetes Care, American Diabetes Association, 2014 Jan;37 Suppl 1:S14-80. doi: 10.2337/dc14- S014. Page 8
Rationale for NOX1/4 inhibition with setanaxib in inflammatory and fibrotic disorders Setanaxib - Orally available small molecule (NCE) with nanomolar potency — NOX1 and NOX4 inhibitor with Ki ~ 100nM in membrane assays — ~12 hour half-life in humans — Composition of matter protection till 2028/2029 without any extensions Rationale for NOX1/4 inhibition in liver fibrosis — NADPH oxidases NOX1 & NOX4 produce ROS and modulate signaling through oxidation of signaling proteins — NOX1/4 drive multiple inflammatory & fibrogenic pathways (TGFb, PDGF, TLR4, Hedgehog, NF-kB, CCL2,…) — NOX1 also activates pathways thought to mediate itching, such as TRPV1 — Setanaxib shows marked activity in animal models (bile duct ligation, MDR2 KO, STAM, diet-induced NASH, CCL4) NOX structure TGFb signaling Page 9
Primary Biliary Cholangitis (PBC): Setanaxib an orphan disease in the large liver fibrosis market Disease overview Liver • Chronic autoimmune liver disease - progressive destruction of bile ducts • Prevalence of between 2 - 40 cases per hundred thousand-population1 Gallbladder • Women make up about 90% of PBC cases Hepatic duct • Diagnosis based on presence of auto-Abs and elevated markers of cholestasis Common bile duct including alkaline phosphatase (ALP) & gamma glutamyl transpeptidase (GGT) Cystic Therapy duct • Current medications mainly target cholestasis and include generic anti- Normal bile ducts cholestatic drugs (UDCA and fibrates) and obeticholic acid (OCA) Unmet medical need • Anti-fibrotic agents to delay disease progression and obviate transplant Inflammation and scar • Effective agents targeting itching and fatigue to restore quality of life tissue destroy ducts • Safe, well tolerated therapy suitable for combination with anti-cholestatic therapies (UDCA, fibrates, OCA) Primary Biliary Cholangitis Setanaxib’s unique efficacy and safety profile can address the unmet medical need Source 1 : In Europe, USA and Japan. Boonstra K. et al. Epidemiology of primary sclerosing cholangitis and primary biliary cirrhosis: a systematic review. J Hepatol. 2012 May;56(5):1181-8 Page 11
Setanaxib was evaluated in a large 24-week Phase 2 trial Setanaxib Baseline Week 6 Week 24 Inadequate biochemical Placebo Follow up response to UDCA 111 randomized Setanaxib 400mg once a day (OD) Follow up (initial target 102) ALP ≥1.5XULN GGT ≥1.5XULN Setanaxib 400mg twice a day (BID) Follow up Primary efficacy endpoint: change in GGT at week 24 Key secondary endpoints: liver stiffness assessed by Fibroscan®, changes in ALP & QoL Key eligibility criteria — ALP ≥1.5XULN & GGT ≥1.5XULN (stratification according to baseline GGT (> or < 2.5XULN) — On UDCA for ≥ 6 months & stable dose for ≥ 3 months – stable UDCA dose continued throughout 24-week treatment period — Exclusion of history of cirrhosis with complications or current MELD score ≥ 15 — ALT > 3XULN or total bilirubin > 1XULN — Prohibited medications: fibrates and obeticholic acid (12-week wash out) Page 12
Liver fibrosis progressively disrupt liver structure and function Setanaxib F1 F2 F3 F4 Liver fibrosis is the best predictor of long-term outcomes in multiple liver diseases Page 13
Non-invasive assessment of liver fibrosis with Fibroscan® Setanaxib In PBC, liver stiffness ≥ 9.6 kPa corresponds to advanced liver fibrosis of ≥F3 Liver stiffness is an indicator of liver inflammation, cholestasis and fibrosis Liver stiffness Elasticity (kPa) Histologic fibrosis score Fibrosis stage • In multiple liver diseases including PBC, NASH and PSC, liver stiffness correlates with the histologic liver fibrosis stage (F0 to F4)1 • In PSC, elevated liver stiffness is associated with adverse disease outcomes, including liver transplant, hepatic complication and death1 • Our pre-defined cutoff value of 9.6 kPa has been extensively validated and used in previous trials1 1Corpechot C et al. Baseline Values and Changes in Liver Stiffness Measured by Transient Elastography Are Associated With Severity of Fibrosis and Outcomes of Patients With Primary Sclerosing Cholangitis. Gastroenterology 2014;146:970–979. Corpechot C et al. Assessment of Biliary Fibrosis by Transient Elastography in Patients With PBC and PSC. Hepatology 2006;43:1118-1124. Park CC et al. Magnetic Resonance Elastography vs Transient Elastography in Detection of Fibrosis and Noninvasive Measurement of Steatosis in Patients with Biopsy-proven Nonalcoholic Fatty Liver Disease. Gastroenterology 2017; 152(3): 598–607. Page 14
Phase 2 trial of setanaxib in PBC: Baseline patient characteristics Setanaxib Setanaxib Setanaxib Baseline patient characteristics Placebo ALL 400mg OD 400mg BID N 37 38 36 111 Age (years) 56 (9) 57 (9) 56 (9) 56 (9) Females (%) 95 79 94 89 Body weight (kg) 73 (15) 73 (13) 70 (16) 72 (15) UDCA dose (mg/kg) 13.0 (4.1) 15.9 (5.6) 16.4 (10.4) 15.1 (7.3) Liver stiffness measurement (kPa) 10.7 (7.0) 12.5 (13.7) 8.3 (3.7) 10.7 (9.5) GGT (IU/L) 227 (200) 242 (167) 242 (181) 237 (182) ALP (IU/L) 300 (141) 302 (121) 346 (164) 315 (143) ALT (IU/L) 43 (16) 45 (22) 56 (35) 48 (26) AST (IU/L) 43 (17) 44 (21) 50 (31) 46 (24) Total bilirubin (µmol/L) 10.7 (4.3) 11.1 (4.6) 10.4 (4.6) 10.7 (4.5) hsCRP (mg/L) 4.8 (4.6) 5.8 (5.2) 5.1 (5.1) 5.3 (4.9) Values expressed as mean (±SD) 1 Once daily; 2 Twice daily Baseline characteristics in line with the targeted population of active PBC patients Page 15
Setanaxib 400mg BID achieves significant reduction in GGT over the Setanaxib 24-week treatment period (p
Setanaxib 400mg BID achieves significant reduction in ALP over the Setanaxib 24-week treatment period (p
Setanaxib 400mg BID achieved statistical significance for primary endpoint Setanaxib after correction of non-normal distribution (p=0.02) Primary endpoint: change in GGT at Week 24 Interim analysis Final analysis Primary endpoint: change in GGT (Week 6) (Week 24) Without correction for With correction for non- Statistical method non-normal distribution normal distribution* 400mg BID compared to placebo p
In the full population setanaxib prevents progression of liver stiffness Setanaxib Percent change in liver stiffness (%) Absolute change in liver stiffness (kPa) Placebo 400mg OD 400mg BID 5 0,5 +4% +0.4 4 0,4 stiffness at Week 24 (kPa) 3 Absolute change in liver 0,3 stiffness at Week 24 (%) Percent change in liver 2 +1% 0,2 1 +0.1 N=32 N=33 0,1 0 N=32 N=33 N=26 0 -1 N=26 -0,1 -2 -3 -0,2 -4 -0,3 -5 -0,4 -5% -0.4 -6 Median values -0,5 Median values Trend seems to be dose dependent. Baseline values are 10.7 for placebo, 12.5 for 400mg OD and 8.3 kPa for 400mg BID Page 19
Setanaxib achieved clinically meaningful reduction in liver stiffness in Setanaxib patients with estimated liver fibrosis score of ≥ F3 Patients with baseline liver Patients with baseline liver stiffness < 9.6 kPa stiffness ≥ 9.6 kPa Baseline Week 24 16 16 Upper limit of normal (7 kPa) 14.2 14.1 14 14 13.1 12.7 Liver stiffness at Baseline Liver stiffness at Baseline 12.2 12 12 and week 24 (kPa) and week 24 (kPa) 10 10 9.1 8 7.0 6.8 8 6.2 6.2 6.3 6 5.7 6 4 4 2 2 0 0 Placebo 400mg OD 400mg BID Placebo 400mg OD 400mg BID (n=18) (n=21) (n=20) (n=17) (n=14) (n=14) Median values Median values Page 20
In just 24 weeks of treatment setanaxib achieves average reduction of Setanaxib 3kPa – an estimated one-point fibrosis score reduction Percent change in liver stiffness Absolute change in liver stiffness Placebo (n=17) 400mg OD (n=14) 400mg BID (n=14) 15 Mean ± SEM 2 Mean ± SEM 10 1 stiffness at week 24 (kPa) 5 Absolute change in liver stiffness at week 24 (%) Percent change in liver +4.2 +0.4 0 0 -5.3 -5 -1 -10 -1.9 -15 -2 -2.7 -20 -20.9 -3 -25 -4 -30 p=0.039 ~3 kPa -35 -5 Setanaxib achieves clinically significant reduction in liver stiffness in PBC patients with elevated liver stiffness Page 21
Patients with the greatest medical need show marked reductions in GGT Setanaxib Percent reduction in GGT at week 24 All patients
Patients with the greatest medical need show marked reductions in ALP Setanaxib Percent reduction in ALP at week 24 All patients
Setanaxib 400mg BID significantly improves Quality of Life domains Setanaxib including fatigue PBC-40 questionnaire 1 Once daily; 2 Twice daily Setanaxib Setanaxib p value (400mg BID vs PBC-40 QoL domains Placebo 400mg OD1 400mg BID2 placebo at week 24) General symptoms 1.1 1.1 -3.7 0.156 Itch (Pruritus) -6.8 -11.4 -9.5 0.443 Emotional 8.7 4.9 -16.9 0.031 Fatigue 2.4 0.3 -9.9 0.027 Social 9.3 8.1 -7.7 0.003 Cognitive 5.2 16 -1.9 0.332 Mean percent changes from Baseline to Week 24 in Quality of Life domains included in the PBC-40 questionnaire. p values for comparison of changes in the 400mg BID dose against placebo are shown. • Reduced quality of life is one of the main unmet medical need in PBC • Fatigue is the most common symptom in PBC patients • Approved therapies do not improve quality of life Setanaxib 400mg BID improved quality of life across multiple domains important to PBC patients Page 24
Setanaxib was safe & well tolerated at all doses over the 24-week treatment Setanaxib period Setanaxib Setanaxib Placebo 400mg OD 400mg BID SAEs 1 0 1 AEs 121 119 100 AEs leading to patient discontinuation 0 2 2 AEs leading to drug interruption 1 1 2 Gastrointestinal 22 25 25 Infections 24 12 11 Skin and subcutaneous tissue 12 15 14 Nervous system 12 17 9 General disorders 14 6 12 Musculoskeletal and connective tissue 10 12 6 Investigations 3 7 7 Injury, poisoning, procedural complications 4 4 5 Respiratory, thoracic, and mediastinal 4 5 4 Psychiatric disorders 7 1 0 Incidence of Treatment-Emergent Adverse Events by System Organ Class (top 10 system organ classes ranked according to AE incidence) Excellent safety profile supports combination therapy with generically available anti-cholestatic agents including UDCA and fibrates Page 25
Data supports use of setanaxib in a broad patient population, including Setanaxib patients with advanced fibrotic liver disease • Setanaxib shows marked efficacy in difficult to treat patients with advanced disease • Setanaxib achieved clinically meaningful reductions in liver stiffness in patients with elevated liver stiffness at baseline (≥9.6 kPa) • Patients with even modest elevation in liver stiffness (≥7.3 kPa) benefit from setanaxib for both liver stiffness and markers of cholestatic injury (GGT and ALP) • Setanaxib is the first compound to improve quality of life, with a marked effect on fatigue • Setanaxib was safe and well tolerated at all doses • Company plans to advance setanaxib into late stage clinical trials in PBC and other fibrotic liver diseases, like NASH and PSC • JDRF-funded Phase 2 diabetic kidney disease (DKD) trial ongoing • NIH-funded Phase 2 idiopathic pulmonary fibrosis (IPF) trial to be launched in the next months Page 26
Appendix – Additional Information on Genkyotex Page 27
Corporate information § Stock market information § Shareholding structure (as at April 26, 2019): – Markets: Euronext Paris and Euronext Brussels – Number of shares: 8,245,483 (as of 30 Sept. 2019) § Cash Position – €3.1 m in Cash & Cash equivalent (30 Sept. 2019) – French research tax credit of €0.9 million for 2018 was received in October – Cash runway to March 2020 § Stock codes – Name: GENKYOTEX – Mnemonic: GKTX – ISIN code: FR0013399474 § Contacts Genkyotex – Elias Papatheodorou – CEO – Alexandre Grassin – VP Finance and Administration Tel.: +33 4 80 16 06 07 E-mail: info@Genkyotex.com Website: www.genkyotex.com Page 28
Composition of matter protection till 2028/2029 without any extensions Setanaxib Setanaxib (per se) and its derivatives in treating NADPH related disorders Country Application No. Patent No. Anticipated expiry Type of protection USA 13/120,440 9,096,588 22.09.2029 NCE/use USA 14/750,019 Pending - NCE/use Europe 9787271.7 2344492 22.09.2029 NCE/use Europe 14190340.1 Pending - NCE/use Japan 2011-527466 5700837 22.09.2029 NCE/use Japan 2014-254651 5932008 22.09.2029 NCE/use Setanaxib (generically) and its derivatives in treating NADPH related disorders Country Application No. Patent No. Anticipated expiry Type of protection USA 12/532,336 8,389,518 12.04.2028 Pharmaceutical formulations/use USA 13/734,205 9,073,919 20.03.2028 Pharmaceutical formulations/use Europe 08718102.0 2139477 20.03.2028 Pharmaceutical formulations/use Europe 12187254.3 2545918 20.03.2028 Pharmaceutical formulations/use Japan 2009-554036 5715340 20.03.2028 Pharmaceutical formulations/use Japan 2015-050104 6047189 20.03.2028 Pharmaceutical formulations/use Solid IP portfolio with potential of term extensions in the US, Europe and Japan Page 29
Phase 2 trial in type 1 diabetes-induced kidney disease (DKD) Setanaxib Trial # patients Design l 48-week treatment in up to 15 centers in Australia. Trials Phase 2 l 142 T1D DKD patients conducted by Baker Heart and Diabetes Institute in Melbourne l Setanaxib 200mg BID against matching placebo, twice daily Primary endpoint l Change in urinary albumin to creatinine ratio (UACR), adjusted for baseline Secondary endpoint l Renal function: estimated glomerular filtration rate (eGFR), and cystatin C l Renal injury: NGAL, KIM-1 l Inflammation: hsCRP, fibrinogen, IL-6 l Metabolomics and lipidomics profiles l Exploratory epigenetics and transcriptomics studies The IIT DKD phase 2 trial funded by JDRF is currently recruiting Sources 1NGAL: neutrophil gelatinase-associated lipocalin; KIM-1: kidney injury marker 1; hsCRP: high sensitivity C-reactive protein; IL-6: interleukin-6; T1D: type 1 diabetes Page 30
Initial phase 2 results in diabetic kidney disease (DKD) Setanaxib Setanaxib significantly improved multiple predefined secondary efficacy endpoints of liver inflammation and injury. Importantly, the study confirmed the favourable safety profile of setanaxib Excellent safety profile up to 200mg BID for 12 weeks Setanaxib significantly reduces the incidence of — Well tolerated with fewer adverse events than placebo : moderate adverse events to severe AEs 57 vs 15 (p
Preclinical studies: over 50 publications in leading peer-reviewed journals Setanaxib Excess TGF-b mediates muscle weakness associated with bone metastases in mice Nat Med. 2015 Nov;21(11):1262-1271 “GKT831 treatment prevented skeletal muscle oxidation and nitrosylation of RyR1, restored calstabin1 binding and improved EDL muscle–specific force. […]” NOX4-dependent fatty acid oxidation promotes NLRP3 inflammasome activation in macrophages Nat Med. 2016 Sep;22(9):1002-12 “[…] our results demonstrate the potential of the NOX1 and NOX4 inhibitor GKT831, which is currently in phase 2 human clinical trials, as an NLRP3 inflammasome inhibitor […]” Reversal of Persistent Fibrosis in Aging by Targeting Nox4-Nrf2 Redox Imbalance Sci Transl Med. 2014 Apr 9;6(231):231ra47 “GKT831 treatment led to a reversal of age-associated persistent fibrosis and reduced mortality. […]” in an IPF model Hepatocyte NADPH Oxidase 4 Regulates Stress Signaling, Fibrosis, and Insulin Sensitivity During Development of Steatohepatitis in Mice Gastroenterology. 2015 Aug;149(2):468-80 “Inhibition of NOX4 by GKT831 improves inflammation and fibrosis in fast food diet-fed mice. […]” Targeting the Myofibroblastic Cancer-Associated Fibroblast Phenotype Through Inhibition of NOX4 J Natl Cancer Inst. 2018 Jan 1;110(1) “[…] pharmacological inhibition of NOX4 may have broad applicability for stromal targeting across cancer types. […]” Page 32
Setanaxib markedly reduces fibrosis and inflammation in diet-induced NASH model Setanaxib Robust anti-fibrotic activity despite sustained steatosis Fast food diet model of NASH 831 831 831 831 GKT831 Source: Torok N et al, Gastroenterology 2015 Reduced inflammation and fibrosis despite sustained steatosis Page 33
Setanaxib reverses fibrosis & improves survival in a model of irreversible lung fibrosis Setanaxib The bleomycin model conducted in aged mice induces irreversible lung fibrosis Percent survival GKT Vehicle p = 0.043 Days post injury 6 weeks post injury Hydroxyproline GKT n = 21-23/group (µg/lung) Vehicle Body weight (g) Start of treatment Control Vehicle GKT831 Weeks post injury Source: Victor Thannickal et al., University of Alabama. Science Translational Medicine, 2014 Page 34
Four Phase 1 studies: very good safety and pharmacodynamics (PD) profile Setanaxib Safety and PK Pharmacodynamics No dose limiting toxicity Setanaxib reduces ROS production induced by UVB4 in vitro1 120000 No safety signal UV + vehicle 100000 UV + setanaxib 0.2 µM fluorescence) Dose proportional PK up to 900mg/day ROS (relative 80000 UV + setanaxib 2 µM 60000 UV + Trolox Setanaxib is rapidly absorbed after oral dosing UV + setanaxib 20 µM 40000 (median tmax ~ 1h) UV + DPI 20000 No UV Mean half-life of parent compound is 8-15 hours 0 0 10 20 30 40 50 60 70 Time after UV (minutes) Minimal renal elimination (
Post-hoc analyses explored the loss of statistical significance at Week 24 and Setanaxib the therapeutic benefits achieved with setanaxib • Exploring week-24 GGT data • Analyses explored potential causes for the loss of statistical significance at week 24 • Correlation between changes in GGT and ALP at week 24 • The correlation between changes in GGT and ALP was assessed to confirm that the observed reductions in GGT and ALP reflected a consistent reduction in cholestatic injury • Responder analysis • Analyses were carried out to further explore the therapeutic benefits achieved with Setanaxib • A key question was whether setanaxib also reduced cholestatic injury in patients with elevated liver stiffness, in addition to reducing liver stiffness Page 36
Normal distribution of GGT data was observed for the placebo Setanaxib and 400mg BID groups • A normal distribution of data is one in which the majority of data points occur within a small range, with few outliers on the higher and lower ends of the data range • Mean (average) and median values are similar • Standard deviations are small compared to the mean value • At week 24, distribution of GGT data in the placebo and 400mg BID groups was normal Baseline to Week 24 (%) Change in GGT from Page 37
Post-hoc analyses identified non-normal data distribution in the 400mg OD Setanaxib group as the reason for the loss of statistical significance at week 24 Baseline to Week 24 (%) Change in GGT from • At week 24, distribution of GGT data in the 400mg OD group was considered as non-normal • Non-normal data distribution in the 400mg OD group caused the loss of statistical significance at week 24 for the 400mg BID group Page 38
Efficacy of setanaxib confirmed by correlated reductions in cholestatic markers Setanaxib Correlation between changes in ALP and GGT at week 24 Pearson’s correlation coefficient = 0.61 p value
Even patients with modest liver stiffness show significant reductions in ALP Setanaxib Percent reduction in ALP at week 24 All patients
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