Effective & durable treatments for cancer and immunological diseases - Corporate Presentation April 2021

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Effective & durable treatments for cancer and immunological diseases - Corporate Presentation April 2021
Effective & durable treatments for cancer and immunological diseases

                                            Corporate Presentation April 2021
Effective & durable treatments for cancer and immunological diseases - Corporate Presentation April 2021
Disclaimer
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     2     Stamford Pharmaceuticals Inc. | stamfordpharmaceuticals.com
Effective & durable treatments for cancer and immunological diseases - Corporate Presentation April 2021
Executive Summary

  Late-stage clinical development                                    Lead product, SP-002, is a viral-vector     SP-002 demonstrated histological
company founded in 2019, developing                                   based immunotherapy encoding the          clearance rates of 83% in Basal Cell
  novel therapies for oncology and                                     gene for human interferon gamma             Carcinoma (BCC) lesions, as a
       inflammatory diseases                                         (IFNγ) and being developed for skin        monotherapy, in a recent Phase 1/2a
                                                                                   cancers                               trial of 15 patients

     IND opened and Orphan                                               Fully funded pilot phase of            Layered intellectual property strategy
  Designation granted by the FDA                                     Registrational combo trial for SP-002      covering compositions, formulations
                                                                      + Erivedge® in collaboration with        and use patents plus biologic statutory
                                                                     Roche/Genentech initiated in July –                      protection
                                                                         Near-term readouts in 2021

  3    Stamford Pharmaceuticals Inc. | stamfordpharmaceuticals.com
Effective & durable treatments for cancer and immunological diseases - Corporate Presentation April 2021
Our Science & Technology

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Effective & durable treatments for cancer and immunological diseases - Corporate Presentation April 2021
SP-002 Mechanism of Action: Adenovirus Encoding Interferon-γ
               Anti-Angiogenic Effect                                                      Immuno-oncology MOA
                Decreased density of tumor blood vessels

                                                                              Antigen              Adaptive                Innate
                                                                            Presentation          Immunity                Immunity
     Ad-null treated tumor                   Ad-IFN-γ treated tumor
    shows increased number                   shows decreased number         Induction of          Induction of            Induction of
       of blood vessels                         of blood vessels           multiple dendritic     humoral and            innate immune
                                                                           cell populations     cellular immunity           effectors

              Potent Cellular Response
                                                                                                           Humoral Response Induced by SP-002:
                                                                                                           Induction of antibody responses to tumor
                                                                                                                           antigens

Increased immune infiltrates in          Increased immune infiltrates in
  cutaneous T-cell lymphoma                cutaneous B-cell lymphoma
complete responder at baseline           complete responder at baseline
   (L) and post-treatment (R)              (L) and post-treatment (R)

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Effective & durable treatments for cancer and immunological diseases - Corporate Presentation April 2021
Meeting an Important Need in Skin Cancers

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Effective & durable treatments for cancer and immunological diseases - Corporate Presentation April 2021
Addressable BCC Patient Population
                                                        Patients with surgically treatable BCCs

                                                       Moderate disease burden: Patients presenting with multiple BCCs (3+ lesions/presentation)
                                                                                   ~75k patients annually in the US

                                                    High disease burden: Patients with multiple BCCs/high number of lesions (6+ per presentation)
                                                        High BCC disease burden ~15,000 (each patient will have potentially 6+ lesions treated)

                                                                              Patients with Basal Cell Nevus Syndrome
                                                                High BCC disease burden (median 30 lesions/patient/yr) ~11,000 patients in US alone

                                                     Patients with single BCC (incl. lesions in H-zone, high-risk subtypes and local. advance disease)
                                                                                       2-2.5M patients annually in US

                                                    Based on pre-filled syringe comprising a novel composition comprising SP-002 with a second small
                                                                                            molecule inhibitor

                                             Incidence of BCC estimated to be increasing worldwide between 7-10% annually1,2
1. CSM Wong et al. BMJ. 2003; 327(7418): 794–798.
2 SC Flohill et al. JID 2013; 133(4), 913-918.
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Effective & durable treatments for cancer and immunological diseases - Corporate Presentation April 2021
Basal Cell Nevus Syndrome
 “SP-002 has the potential to be a new treatment paradigm for nevus patients.”
 Gregory Siller, MD – Basal Cell Carcinoma Key Opinion Leader

Unmet Need
A non-surgical modality that is curative for high-threat lesions and provides systemic control for lower risk and
new lesions

Basal Cell Nevus Syndrome
▪ BCNS is a rare orphan disease, ~30,000 patients worldwide and 10,300 patients in the US
▪ Patients have a genetic mutation in the Hedgehog signaling pathway that leads to growth of hundreds of primary BCCs
  annually - median 29 lesions a year has been reported1

Current Management
▪ Surgical excision is the only definitive treatment to manage high risk tumors when they reach a certain size or threat level
  o With current US reimbursement, it is common for three or fewer BCCs to be removed per visit2
  o Patients may undergo multiple procedures on a weekly or monthly basis
  o Surgery exerts significant morbidity, disfigurement and procedural fatigue on patients

▪ Hedgehog inhibitors (HHI) can manage BCCs systemically, but are poorly curative3 and have significant side-effects
  o Discontinuation of HHI treatment also results in the recurrence of ‘’resolved’’ BCCs
   1-Solis et al, JAMA Dermatol. 2017, 153:189; 2-Carriers reduce the reimbursement on additional surgeries when multiple procedures are performed during a visit; 3-Erivedge® has a cure rate of ~20% and has side-effects such as muscle cramps, hair
   loss and taste loss

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Effective & durable treatments for cancer and immunological diseases - Corporate Presentation April 2021
Nodular Basal Cell Carcinoma in Sporadic Patients
4 million cases 1 of BCC diagnosed in the US annually comprising ~75% nodular BCC and
~15% superficial BCC
•      Majority of nodular BCC arises on the head & neck
•      Main treatments are surgical options

Positioning of SP-002
•      For patients concerned about scarring, morbidity & protracted recovery time
                                                                                                                                                                                                   Most nBCC lesions occur            If untreated, BCCs can
                                                                                                                                                                                                    on the face, head and                 cause extensive
•      A more effective, better tolerated and convenient alternative to imiquimod (and other topicals)
                                                                                                                                                                                                             neck                          disfigurement

Target Physicians
•      For the general dermatologist that would refer BCCs on the head/neck to Mohs surgeons (i.e., this
       will be most general dermatologists in the US. Also ~80% of nodular BCCs are on head and neck)

Product profile and % of BCC population addressable, if:
                                                                                                                                                                                                      Excision margins of 2-5 mm are recommended for
•      An ~85% Histological Clearance rate could address ~10% of patients2                                                                                                                                           most BCC excisions
•      Over 90% Histological Clearance rate can be a new standard of care for low risk superficial and
       nodular BCCs
    1JAMA   Dermatol 2015, 151(10):1081; American Cancer Society. http://www.cancer.org/cancer/skincancer
2Physician    survey that about a significant number of BCC patients are particularly concerned about disfigurement, morbidity and healing time and willing to accept a slightly lower cure rate

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Development / Clinical Plan

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Development Strategy
                                                        Starting with low risk indications & progressing to more advance settings

                                                    BCCs                                   Other Cancers                     Other Cancers

                                      Label expansion         Multi-lesional
                                                                 BCC
                                                                                                           Bowens Disease1                   Ovarian Cancer
                                                            (BCNS/Sporadic
                                                                 BCC)

                                                                               (incl. lesions in
                                                             Single lesion     H-zone, high-
                                                                                                           Cutaneous SCC
                                                                                                                                              Cutaneous T/B
                                                              Nodular &        risk subtypes and              (Locally
                                                                               locally advance
                                                                                                                                             Cell Lymphoma2
                                                            Superficial BCC                                  advanced)
                                                                               disease)

                                                                                                                                               Cutaneous
                                                                                                             Cutaneous                        Melanoma &
                                                                                                            Breast Cancer                     Melanoma In
                                                                                                                                                 Situ2,3

1Including Keratoacanthomas (KA)                                                                                                                              Currently Funded
2Positive POC data for Cutaneous Lymphoma/Mycosis Fungoidis
3Positive POC data for Advance Melanoma plus TILs                                                                                                             Additional financing(s)

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Clinical Development Plan
                Treatment of Multiple BCCs in BCNS and Mult-lesional Sporadic BCC Patients

                            Completed                                      Pilot Phase (NCT 04416516)                                            Confirmatory Phase
                            Phase 1/2a                                            Choose optimal                                                BCNS (multiple lesions)
                              Study                                            combination dose &
                                                                                excision timepoint1                                                          RCT

                                                                                        ~10-14 months                                                   ~14-18 months
                                                                                 Pilot Phase Registration study                                Confirmatory Phase Registration
                                                                                                                                              study: randomized controlled study
                                                                          ▪ Pilot study in collaboration with
                                                                                                                                                  comprising ~150 subjects2
                                                                            Roche/Genentech being conducted in
                                                                            Australia by our wholly owned
                                                                            subsidiary, Ascend Biopharmaceuticals
                                                                            Ltd.

                                                                          ▪ Adaptive design - up to 84 subjects

                                                                          ▪ Primary objective to evaluate the
                                                                            tolerability & efficacy of SP-002 &
                                                                            Hedgehog Pathway Inhibitors

                                                                          ▪ Initiated July 2020
RCT: Randomized controlled study design
1-Evaluation at week 24/32 and booster injection may improve histological clearance rate - FDA meeting planned with interim data time-point
2-Final design pending FDA EOP2/Type C meeting

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Pilot Phase Study Design: Safety and Efficacy of SP-002 Combined
   with Vismodegib (Erivedge®), a Hedgehog Pathway Inhibitor
                                                              Arm 1 Single Target Tumor (single lesion)
                                                              Vismodegib: 150 mg daily for 4 weeks
                                                                1        3                              Arm 3 Lower Dose SP-002: 0.5x1011 vp /target tumor1
                                                                                                        Arm 5 Higher Dose SP-002: 1.5x1011 vp /target tumor1
                                                               SP-002 1.0x1011 vp/target tumor1

                                                                                                                                      Adaptive Design2
                                               Parallel
                                                                                                                                         Week 25/33
                                             Recruitment                                                                           Excision & Assessments
                                                        Arm 2 Multiple Target Tumors (3 lesions)
                                                        Vismodegib: 150 mg daily for 4 weeks

                                                                1        3                              Arm 4 Lower Dose SP-002: 0.5x1011 vp /target tumor1
                                                                                                        Arm 6 Higher Dose SP-002: 1.5x1011 vp /target tumor1
                                                              SP-002 1.0x1011 vp/target tumor1

                                                                                                  • Up to 84 subjects (arms n= 6 or 12) 3
                                                                                                  • Primary endpoints - Clinical Response and
                                                                                                    Histological Clearance, Safety and Tolerability

1 Dosing 1q/wk x 3 for SP-002 and concurrently administered with vismodegib: 150 mg daily for 4 wks
2 Based on Week 6 safety and tolerability data and week 17 clinical response
3 Arms 7 and 8 are SP-002 monotherapy and vismodegib monotherapy arms

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Current Clinical Development Timeline – Pilot Study
                                                               Funded through Pilot Phase Study Readouts

                        2020                                                           2021

                                                       Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
           Recruitment
                                                                                           Pilot study (24 subjects currently approved to be recruited)

           Pilot Phase of Registration Study

                                                                                                            Interim data
                                                                                            FDA Type C Meeting *

     ▪ SP-002 pilot study initiated in July in collaboration with Roche/Genentech
           o Fully funded through data readouts in 1Q and 4Q, 2021
     ▪ Initiation of SP-002 Registration trial phase planned for 2H, 2022 pending FDA Type C & EOP2 meetings
           o Expect to initiate Registration trial phase with pharma partner
                                                                                                                                       1
                                                                                                                                       4

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Clinical Data: Phase 1/2a Trial

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Efficacy Results - BCNS and Sporadic BCC
                                             Lesion at baseline            Dose            Lymphocytic
 Subject #                Cohort                                                                                  Histological Clearance
                                                   (mm)                    (VP)             Infiltration
     02-001             Low Dose                        7                 5x1010               Minimal                     No
     02-003             Low Dose                        9                 5x10   10
                                                                                              Moderate                     Yes                             ▪ 83% histological
     03-001             Low Dose                        7                 5x1010              Moderate                     No                                clearance rate1; the two
     01-003         Intermediate Dose                   8                1.5x1011             Moderate                     Yes                               patients not
     03-004         Intermediate Dose                  5.5               1.5x1011             Moderate                     No                                histologically cleared
     02-006         Intermediate Dose                   8                1.5x1011             Moderate                     Yes                               had Partial Responses
     03-006         Intermediate Dose                  6.5               1.5x10   11
                                                                                              Moderate                     Yes                               (16.7%)

                                                                                                                                           Optimal Doses
                                                                                  11
     02-008         Intermediate Dose                   6                1.5x10               Moderate                     Yes
     01-006         Intermediate Dose                   8                1.5x1011             Moderate                     Yes                             ▪ Overall Response Rate
     01-005             High Dose                      16                 3x1011                Dense                      Yes                               for the intermediate
     03-005             High Dose                      8.5                3x1011                Dense                      Yes                               and high dose cohort
     02-007             High Dose                      10                 3x1011                Dense                      Yes                               was 100%2
                                                                                 11
     03-008             High Dose                      10                 3x10                  Dense                      Yes
                                                                                 11
     03-009             High Dose                       6                 3x10                Moderate                     No
     02-009             High Dose                       6                 3x1011              Moderate                     Yes

     1-Based on subjects from intermediate and high dose cohorts
     2-One excluded cohort IV subject was deemed to have micro-nodular BCC, an excluded subtype as per protocol

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Abscopal Response - BCNS and Sporadic BCC
▪ SP-002 can cause clinical regression in non-injected BCCs
▪ Evidence of a systemic immune response directed at non-injected BCCs

                                                               1.00                                                                                                          ▪ 70% with clinically
                                                    100.00%                                          Non-Target Lesion Response
                                                                                                                n=20                                                           assessible regressions
               % CHANGE FROM BASE-LINE - CLINICAL

                                                     80.00%                                                                                                                    (14/20)
                                                     60.00%
                                                                                                                                                                             ▪ 45% with PR or CR
                                                     40.00%                                                                                                                    (9/20)
                                                                      0.25
                          RESPONSE

                                                                             0.20 0.17
                                                     20.00%
                                                                                         0.00 0.00
                                                      0.00%
                                                                1      2      3    4      5    6       7
                                                                                                     -0.06     8     9    10 11 12 13 14 15 16 17 18 19 20
                                                     -20.00%                                                 -0.14 -0.17
                                                                                                                         -0.25 -0.29
                                                     -40.00%                                                                         -0.30 -0.30
                                                                                                                                                 -0.38 -0.40 -0.40
                                                                                                                                                                   -0.47 -0.50
                                                     -60.00%
                                                                                                                                                                               -0.60
                                                     -80.00%
                                                                                                             INDIVIDUAL LESIONS
                                                    -100.00%
                                                                                                                                                                                -1.00

   17   Stamford Pharmaceuticals Inc. | stamfordpharmaceuticals.com
Local Skin Responses - BCNS and Sporadic BCC
                                                                   SP-002 is Well Tolerated
                                      The 2 Subjects with the Highest Local Skin Reaction Scores

                                                                                                    Subject 02-006

                               Week 1                              Week 4                 Week 16

                                                                                                    Subject 02-009

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Safety Results - BCNS and Sporadic BCC
                                                                     SP-002 is Safe at All Doses Evaluated

▪ Toxicity profile in 15 completed eligible nodular BCC subjects treated with weekly injections x 3 and excision
  at week 17
       o Largely limited to:
            - Grade 1-2 local reactions (erythema, induration, ulceration and pain) at the injection site
            - Grade 1-2 flu-like symptoms (headache, malaise, fever, body aches and adenopathy) of 1-2 days
              duration

       o Only Grade 1 flu-like reactions were observed in the two lower dose cohorts

       o Grade 2 flu-like reactions were observed only in the highest dose cohort in 2 of the 6 eligible subjects

       o Similar safety profile to the 51 previously treated patients with cutaneous lymphoma

  19   Stamford Pharmaceuticals Inc. | stamfordpharmaceuticals.com
Competitor Landscape
                                                                                         SP-002 has Best-in-Class Efficacy
                                                                                  HedgePath/
                                        Sun/Novartis                                                                            Roche                              Pelle Pharm                                        Stamford
                                                                                    Mayne
  Compound                           Sonidegib (Odomzo®)                  SUBA™-Itraconazole                         Vismodegib (Erivedge®)                            Patidegib                                         SP-002

                                 Locally advanced BCC                                                                Locally advanced BCC                 BCNS
  Indication                                                              BCNS                                                                                                                          BCNS and sporadic BCC
                                 (used off-label in BCNS)                                                            (used off-label in BCNS)

  Route                          Oral                                     Oral                                       Oral                                 Topical                                       Intra-lesional
                                                                          150 mg twice daily for 16
  Schedule                       200 mg once a day                                                                   150mg once a day                     Twice daily for 26 weeks                      Once a week for 3 weeks
                                                                          weeks
                                 20% CR                                   41% CR1                                    20.6% CR                             27% CR                                        83% CR3
  Efficacy Rate
                                 35% PR                                   54% PR                                     22.2% PR                             PR unreported                                 17% PR

                                 66 patients                              38 patients                                71 patients                          17 patients                                   15 patients
  Sample Size
                                 Phase 3                                  Phase 2                                    Phase 3                              Phase 2                                       Phase 1/2a

                                                                                                                                                                                                        Mild to moderate flu like symptoms
                                                                                                                                                          Redness, itching and
  AE profile                     Significant AEs                          Grade 2 or higher AEs                      Significant    AEs2                                                                only in the high dose cohort (in 2
                                                                                                                                                          swelling
                                                                                                                                                                                                        subjects out of 6)
                                 Novartis sold the rights to                                                                                              Leo Pharma provided                           Superior cure rates & tolerability
                                 Odomzo® to Sun Pharma                                                                                                    US$70m funding and has an                     compared to approved (Odomzo®
  Notes                          for US$175m plus                                                                                                         option to purchase                            and Erivedge®) and in development
                                 milestones and royalty                                                                                                   company for an additional                     products (Patidegib and SUBA-
                                 payments                                                                                                                 US$690m                                       itraconazole)
CR: Complete Response; PR: Partial Response
1-As of last interim report January 2018
2-Muscle spasms, alopecia, dysgeusia, fatigue, nausea, musculoskeletal pain, diarrhea, decreased weight, decreased appetite, myalgia, abdominal pain, headache, pain, vomiting, pruritus, lymphopenia and anaemia
3-Study assessed responses by Histological Clearance which is an FDA approved endpoint

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Stamford Pharma Management Team & Board of Directors
                                                                             Dr. Jacques Banchereau, PhD / Non-Executive Director
     Clement Leong, PhD, MBA / Chief Executive Officer &
                                                                             ▪     Currently Director of Immunological Sciences and the Deputy
     Executive Director
                                                                                   Director of JAX Genomic Medicine. Formerly Chief Scientific
     ▪   Pharma/biotech/venture capital background in Australia and US;
                                                                                   Officer of the Hoffmann-La Roche (Roche) & Director of the
         led and completed multiple financings & successful clinical teams
                                                                                   Baylor Institute for Immunology Research in Dallas, Texas
     ▪   PhD from University of Western Australia; MBA from the
                                                                             ▪     PhD University of Paris, France
         Australian Graduate School of Management
                                                                             Dr. Edward McKenna, PhD / Non-Executive Director
     Dr. Jacqui Waterkeyn / VP. Clinical Operations & Regulatory             ▪    Previously, Principal Medical Science Director at Genentech with
     Affairs                                                                      responsibilities as Medical Lead for Dermatologic Oncology and
     ▪     Regulatory Affairs and Clinical Operations background (20+             the following Roche/Genentech products: Zelboraf, Cotellic.
           years) in the Biotechnology and Pharmaceutical Industries,             Tecentriq and Erivedge.
           including Clinical Research Organizations                         ▪    PhD, University of Kentucky
     ▪     PhD from the University of Melbourne
                                                                             Mr Andrew Strong, JD / Non-Executive Director
     Dr. Geoffrey Pietersz, PhD / VP. Technology Development                 ▪   Andrew Strong a Pillsbury partner in the firm’s Houston and
     ▪    Formerly professor at the Burnet Institute, expert in bio-             Austin offices, has extensive experience representing many of the
          conjugation of therapeutics (e.g., vaccine; antibody drug              firm's life sciences clients and routinely advises on corporate and
          conjugates)                                                            securities, mergers & acquisitions, private and public financing.
     ▪    PhD from University of Melbourne                                       Andrew was also the Founding President and CEO of Kalon
                                                                                 Biotherapeutics.
     Dr. Satish Menon, PhD / Director CMC                                    ▪   J.D., South Texas College of Law; B.S., Civil Engineering, Texas
     ▪    Consultant, Allergan; Senior Consultant, PVP Biologicals; Senior       A&M University
          Technology Consultant, Seq-Biomarque LLC
     ▪    PhD Biochemistry, Indian Institute of Science, Postdoctoral,
          Harvard Medical School

21     Stamford Pharmaceuticals Inc. | stamfordpharmaceuticals.com
Effective & durable treatments for cancer and immunological diseases
                                Stamford Pharmaceuticals Inc
                         Two Houston Center, 909 Fannin, Suite 2000
                                   Houston, TX 77010-1028
                                     Ph.: 203-516-7895
                         Email: info@stamfordpharmaceuticals.com
                            Web: stamfordpharmaceuticals.com
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