Marinomed Overview November 2019
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
Disclaimer This presentation (the “Presentation”) was prepared by Marinomed Biotech AG. The information contained in this Presentation has not been independently verified and no representation or warranty expressed or implied is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of this information or opinions contained herein. Neither Marinomed Biotech AG nor any officer or employee of Marinomed Biotech AG or any person connected with them accepts any liability whatsoever for any direct, indirect or consequential damages or losses arising from any use of this Presentation or its contents or otherwise arising in connection therewith. Marinomed Biotech AG undertakes no obligation to update or correct any information contained herein or to otherwise advise as to any future changes to it. Certain statements contained in this document may be statements of future expectations and other forward looking statements that are based on management‘s current view and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Certain figures in this presentation have been rounded in accordance with commercial principles and practice. Such figures that have been rounded in various tables may not necessarily add up to the exact total given in the respective table. This Presentation does not constitute or contain any investment advice. It is not and shall not be construed as an offer, invitation, recommendation or solicitation to sell, issue, purchase or subscribe for any securities in any jurisdiction or to enter into any transaction. By accessing this Presentation, you represent, warrant and undertake that you have read and agree to comply with and to be bound by the contents of this disclaimer. 2
Marinomed snapshot A lean biopharmaceutical expert in OTC and Rx therapies Founded in 2006… …Marinomed established two platforms… IPO and EIB platform clinically financing Proven ability to Proven ability of established validated develop revenue continued innovation generating products and IP generation 2006 2008 2010 2012 2014 2016 2018 ▪ First causal therapy for ▪ Successful Phase III for colds and flu infections Budesolv (allergic rhinitis) ▪ Six products generating validates platform Founded and retail sales with 14 ▪ Targeting multi-billion first financing platform clinically partners in more than 40 Dollar markets (allergic in 2006 established validated countries rhinitis, dry eye) …with a lean set-up… …and a strong management team Asset light business model In-house Out-sourced ▪ Innovation ▪ Production ▪ Product ▪ Marketing development ▪ Distribution ▪ Marketed products ▪ Out-licensing of and clinical pipeline technology Helmut Renate Andreas Eva Prieschl- Pascal ▪ Patents and IP Baranyovszki Moser Grassauer Grassauer Schmidt generation Operations BD & L CEO CSO CFO 4
Highlights 2019 Strong half-year allows for accelerated development going forward €22.4m Phase III >40 Top-line results for Financing raised in countries launched Budesolv Feb 1, 2019 IPO +9.4% €15.0m H1/19 vs. H1/18; +20.7% Q2 vs. Q1 Venture Debt committed by EIB > USD 12 bn1 6+3 market for first 6 products on the product Budesolv market, 3 in advanced pipeline Sources: 1. Visiongain 2018 5
Marinomed delivers new patent protected technologies enabling innovative therapies and unique solutions PHASE I/II PHASE III LAUNCHED 3 Virus-blocking nasal sprays (two adult and one children formulations) Cough, Cold, Influenza Virus-blocking decongestant nasal spray (combination with Sorbitol) Virus-blocking lozenges Virus-blocking throat spray Virus-blocking decongestant nasal spray1 Primary and secondary Ophthalmic Budesolv2 Allergy, endpoints met Tacrosolv3 PIPELINE Notes: 1. Carregelose Xylometazoline combination, 2. Dissolved Budesonide, 3. Dissolved Tacrolimus 6
Marinosolv® explained based on Budesolv Marinosolv® allows to provide Budesonide in solution offering a competitive edge Suspension Solution Rhinocort Aqua Marinosolv® enabled Budesonide nasal spray Budesonide nasal spray 64µg per dose/spray 10µg per dose/spray Properties USPs Proven Solubility increase versus water shown for Increased Faster onset of action solubility variety of compounds bioavailability Higher local, lower systemic availability Higher specificity of compounds leads to Increasing Dose Lower possible side effects lower solubility → increasing number of market reduction Lower production costs APIs that could benefit from Marinosolv Patent Aseptic Preservative free formulation Patent in nationalisation phase protected filtering Lower production costs Marinosolv® – a technology platform with the potential to facilitate delivery of any compound with solubility issues 7
Marinosolv® with significant milestones Progress as promised with future untapped potential Positive Top-line results Market approval process on track ▪ Budesolv showed a pronounced reduction of ▪ Approval process can be continued as planned allergic nasal symptoms in less than 3 hours ▪ H2/2019 – generation of stability data ▪ Budesolv achieved non-inferiority, i.e. at least the same effect as marketed product ▪ H1/2020 – application for market approval (Rhinocort Aqua) on D8 ▪ 280 days later (plus clock stops) – expected ▪ Budesolv has ~ 85% less of the dose of the approval marketed product and is preservative free ▪ 2021 - launch ▪ Prominent reduction of respiratory symptoms Addressable market with 5% growth1 Additional potential ▪ Platform validation: 7% 3% Marinosolv enables novel stable aqueous 38% 15% 47% 12% formulations of hardly soluble compounds 2019 2028 USD USD ▪ Next compound is Tacrosolv, a phase II asset 13.0bn 17.4bn in preparation for clinical development 43% 35% ▪ Additional compounds in review corticosteroids antihistamines immunotherapy other Source: 1. Visiongain Allergic Rhinitis 2018 8
Budesolv – redefining the market for allergic rhinitis Budesolv has the potential to become a blockbuster product ▪ Target market Allergic Rhinitis $12.2bn New Class ▪ Steroids in Allergic Rhinitis growing 5.4% ▪ First aqueous solution annually from $5.0bn to $8.3bn in 2028 ▪ First compound active after minutes ▪ ~85% less dose compared to originator Rhinocort Flixonase Budesolv Clinically Proven ▪ Successful clinical phase III ▪ Equivalent effect compared to originator Owner ▪ Fast onset of action Huge Market Opportunity Revenue Phase III 250 1,570 2017 ($m) completed ▪ Clinically relevant differentiation compared to marketed products Onset of ▪ Unsatisfied need for fast relief 1-2 weeks 4-5 days
Tacrosolv – a powerful immunmodulator Highly potent API with Marinosolv and smart clinical approach for new eye indications Very promising preclinical data1 Risk reduced clinical strategy Dispersion Allergic Conjunctivitis With successful Phase II in allergic conjunctivitis, likely, Phase II for Dry Phase II Eye can be skipped Cornea Challenge study for dose finding Dry Eye Phase III Indication for market potential Novartis acquires Xiidra (in dry eye) from Takeda in a deal worth $3.4bn cash plus $1.9bn milestones Retina Dispersion Unmet medical need reflected in market figures2 Market for Allergic Conjunctivitis Market for Dry Eye 1,5 6,0 0,3 1,4 1,1 0,3 4,0 1,3 0,1 1,2 2,0 4,0 0,3 1,1 0,1 1,7 1,0 0,0 2013 2014 2015 2016 2017 2018 2016 2026 Revenues in $bn (US+EU5) US EU5 Japan China Sources: 1. Siegl et al., Eur J Pharm Biopharm, Jan 2019; 2 GlobalData, Visiongain 2017 10
Carragelose® with innovative mode of action Carragelose® blocks viral attachment to cells via an unspecific physical mechanism Mode of action Shortening of symptoms clinically proven ▪ Colds are caused by more than 200 different ▪ 3 Double-blind, placebo-controlled clinical trials respiratory viruses with a total of 450 patients ▪ Carragelose® creates a protective layer that ▪ Reduction in duration of disease as well as reduces the spreading and proliferation of the fewer relapses during 21 days of observation common cold virus period without symptoms (%) Cumulative patients Days1 ▪ Significant reduction Daily reduction of symptoms (TSS) of common cold symptoms in the 2nd phase of the ▪ Trapped viruses leave the body via the natural disease (p=0,048)1. route → The cold is either prevented or is significantly shorter in duration Source: 1. Ludwig et al. Respiratory Research; 2013 Note: TSS = Total Symptom Score, 11
Carragelose® products continue expansion Multiple additional launches and line extensions planned in the coming years Coldamaris lozenges Coldamaris throatspray Coldamaris akut Coldamaris lozenges Coldamaris throatspray Coldamaris akut Coldamaris pro Coldamaris pro junior Coldamaris plus Regulatory status Medical device IIa Medical device Is ColdamarisRegulatory pro status Coldamaris pro junior Medical device Coldamaris IIa plusingredients Medical device Is Regulatory status Medical device IIa Active 10 mg C arragelose® 1.2 mg/ml C arragelose® Active ingredients 10 mg C arragelose® 1.2 mg/ml C arragelose® Active ingredients 1.2 mg/ml C arragelose® Regulatory status Medical device IIa 0.4 mg/ml Kappa- 0.4 mg/ml Kappa- 0.4 mg/ml Kappa- Active ingredients 1.2 mg/ml C arragelose® C arrageenan C arrageenan C arrageenan 0.4 mg/ml Kappa- 7% Sorbitol 7% Sorbitol C Patient population arrageenan For adults and children 6y+ For adults and children 1y+ Patient population For adults and children 6y+ For adults and children 1y+ Patient population For adults and children 1y+ C hildren 1y+ For adults and children 1y+ Spray volume n.a. 140µl/puff Spray volume 140µl/puff 50µl/puff 140µl/puff Spray volume n.a. 140µl/puff Patient population For adults and children 1y+ C hildren 1y+ For adults and children 1y+ C lears a blocked nose Spray volume 140µl/puff 50µl/puff 140µl/puff C lears a blocked nose particularly during particularly during common colds (flu-like common colds (flu-like illnesses) caused by illnesses) caused by viruses, allergic or non- Is indicated for the prophylactic and supportive treatment of viral infections of the viruses, allergic or non- For prevention and supportive treatment of viral allergic rhinitis as well as respiratory tract For prevention Is indicated for the prophylactic and supportive treatment of viraland supportive infections of thetreatment of viral allergic rhinitis as well as infections of the upper respiratory tract sinusitis C an shorten the duration of common cold and resurgence of virus-related cold respiratory tract infections of the upper respiratory tract sinusitis For the prevention and supportive treatment of all C an shorten the duration symptoms For the prevention C an shorten the duration of common cold and resurgence and supportive of virus-related cold treatment of all C an shorten the duration Coldamaris pro dry orColdamaris complaints resulting from dry or irritated oral and of common colds (flu-like C an be used additionally for the preventive and sustainable moistening Coldamaris of the lozenges Coldamaris throatspray Coldamaris akut symptoms complaints resulting from irritated oral pro and juniorof commonColdamariscolds (flu-likeplus Coldamaris pro Coldamaris pro junior pharyngeal Coldamaris mucosa plus illnesses), reduce the nasal mucosa and thus for the prophylactic and supportive treatment of all C an be used additionally for the preventive Regulatory status pharyngeal and sustainable moistening of the mucosa Medical device IIaillnesses), reduce the from dryRegulatory complaints resultingColdamaris pro and irritatedstatus Coldamaris nasal mucosapro junior Medical device Coldamaris plus IIa Medical device Is nasal mucosa and thus for the Active Regulatory status prophylactic and ingredients supportive treatment of all 1.2 mg/ml CMedical arragelose®severity device IIa of cold symptoms severity of cold symptoms Active ingredients 10 mg C arragelose® 1.2 mg/ml C arragelose® and can reduce new Regulatory status Medical device IIa complaints resulting from dry and Active ingredients irritated nasal mucosa and can reduce 1.2 mg/ml C arragelose® new Kappa- 0.4 mg/ml New product and country launches in 2019 Global distribution partners 0.4 mg/ml Kappa- infections and resurgence Active ingredients 1.2 mg/ml C arragelose® infections andC resurgence 0.4 mg/ml Kappa- arrageenan C arrageenan Claims of virus-related cold Claims 0.4 mg/ml Kappa- Claims of virus-related cold C arrageenan 7% Sorbitol symptoms Patient population For adults and children C arrageenan 6y+ For adults and children 1y+ Claims Patient population For adults and children 1y+ C hildren 1y+ symptoms For adults and children 1y+ Spray volume Patient population For adults and children 1y+ 50µl/puff 140µl/puff C hildren 1y+ For adults and children 1y+ 140µl/puff Spray volume n.a. 140µl/puff For moistening the mouth Patient population For adults and children 1y+ C hildren 1y+ For adults and children 1y+ Spray volume For moistening the mouth 140µl/puff 50µl/puff 140µl/puff Spray volume 140µl/puff 50µl/puff 140µl/puff C lears a blocked nose and throat in case of dry and throat in case of dry For moistening of the oral particularly during For moistening of the oralbreathing air, cough or breathing air, cough or and pharyngeal mucosa in C an shorten the duration common colds (flu-like and pharyngeal mucosa in hoarseness for example hoarseness for example case of e.g. cough, Alleviate the severity of of flu-like illnesses and illnesses) caused by C an case of e.g. cough, C an be used for the C an be Is used forshorten indicated the the duration for the prophylactic and supportive treatment of viral infections of thehoarseness or dry cold symptoms, can alleviate the severity of viruses, allergic or non- Alleviate the severity of of flu-like illnesses andhoarseness or and dry supportive prevention and supportive prevention and Is indicated supportive for the prophylactic treatment of viral infectionsbreathing of the air For prevention and supportive of thetreatment of viral allergic rhinitis as well as respiratory tract reduce newIs infections indicated for the prophylactic and supportive cold symptoms, treatment can of viral infections cold symptoms, can treatment ofalleviate tract of breathing air the severity respiratory common treatment of common cold reduce new infections infections of the upper respiratory tract sinusitis C an shorten the cold duration of common caused by of e.g.cold and resurgence smoking, andand flu-like of virus-related illnesses caused by e.g. smoking, cold respiratory tract reduce new infections and flu-like cold C ansymptoms, illnesses shorten and can the duration common cold resurgence ofand virus-related cold long speaking or singing C an shorten the duration of common cold and resurgence For the prevention and supportive of virus-related cold treatment of all C an shorten the duration symptoms reduce new infectionslong speaking or singingserve to moisten the lining serveCto symptoms symptoms complaints resulting from dry or irritated oral and of common colds (flu-like anmoisten be usedthe lining additionally for the preventive andofsustainable theand mouth moistening and throat of the Coldamaris lozenges Coldamaris throatspray Coldamaris akut of thenasal mouth C an and be used additionally for the preventive throat sustainable moistening of the C an be used additionally for the preventive and sustainable moistening pharyngeal of themucosa illnesses), reduce the mucosa and thus for Coldamaris prothe prophylactic and supportive treatment of all nasal mucosa and thus for Coldamaris the prophylactic proand juniorsupportiveColdamaris treatment ofplusall Coldamaris Regulatory nasal mucosa status pro and thus for the Coldamaris proprophylactic junior andColdamarisMedicaltreatment supportive device plus IIaof all Medical severity device Isof cold symptoms complaints resulting from dry and irritated nasal mucosa Regulatory status complaints resulting from dry Medical and irritated device nasal IIa mucosa Active ingredients complaints 10 mg Cnasal resulting from dry and irritated arragelose® mucosa 1.2 mg/ml C arragelose® and can reduce new (Multiple) (Multiple) Regulatory status Medical device IIa Active ingredients 1.2 mg/ml C arragelose® (Multiple) 0.4 mg/mlinfections Kappa-and resurgence Canada1 Slovakia Active ingredients 1.2 mg/ml C arragelose® 0.4 mg/ml Kappa- ▪ ▪ Claims of virus-related cold C arrageenan Claims 0.4 mg/ml Kappa- symptoms 7% Sorbitol Claims C arrageenan Claims Patient population For adults and children C arrageenan6y+ For adults and children 1y+ Austrian product version Spray volume n.a. 140µl/puff Patient population For adults and children 1y+ C hildren 1y+ For adults and children 1y+ Patient population For adults and children 1y+ C hildren 1y+ For moistening For adults and children the 1y+ mouth Austrian product Austrian product version Austrian product version Spray version volume 140µl/puff 50µl/puff 140µl/puff Spray volume 140µl/puff 50µl/puff and throat 140µl/puff in case of dry C lears a blocked nose For moistening of the oral breathing air, cough or particularly during and pharyngeal mucosa in hoarseness for example common colds (flu-like C an shorten the duration C an case of e.g. cough, C an shorten the duration C an be used forshorten the the duration illnesses) caused by Alleviate the severity Alleviate the severity of of flu-like illnesses and hoarseness or dry Alleviate the of severity of of flu-like of illnesses and flu-like illnesses and prevention and supportive viruses, allergic or non- coldIssymptoms, can alleviate the severity of of theof cold symptoms, can alleviate thecold severity of breathing air of viral indicated for the prophylactic cold symptoms, can and supportive treatment ofalleviate viral infections the severity Is indicated for the prophylactic and supportive treatment For prevention viraland oftreatment supportive of infections of thetreatment common allergic rhinitis as well as reduce new infections cold symptoms, caused by e.g. smoking, can reduce new infections respiratory reduce tract new infections cold symptoms, can cold symptoms, can respiratory tract infections and of the flu-like upper illnesses respiratory and tract sinusitis reduce long speaking or singing C an shorten the duration of common cold and resurgencereduce of new infections virus-related reduce cold new infections C an shorten the duration of common cold and resurgence For the prevention ofserve to and moisten virus-related coldthenew supportive infections treatment of all lining C an shorten the duration complaintsofresulting from dry or irritated oral and symptoms symptoms the mouth and throat of common colds (flu-like pharyngeal C an be used additionally for the preventive and sustainable moistening of the C an be used additionally for the preventive and sustainableColdamaris lozenges moistening of themucosa Coldamaris throatsprayillnesses), Coldamaris reduce the akut nasal mucosa and thus for the prophylactic and supportive treatment of all nasal mucosa andRegulatory thus for the status prophylactic and supportive treatment of all device IIa severity of cold symptoms Coldamaris prodry andColdamaris pro junior Medical Coldamaris plus Medical device Is complaints resulting from dry and irritated nasal mucosa complaints resulting from irritated nasal mucosa and can reduce new Active ingredients 10 mg C arragelose® 1.2 mg/ml C arragelose® Regulatory status Medical device IIa infections and resurgence Denmark2 Thailand 0.4 mg/ml Kappa- Claims of virus-related cold ▪ ▪ Active ingredients 1.2 mg/ml C arragelose® C arrageenan symptoms Claims Claims 0.4 mg/ml Kappa- 7% Sorbitol Patient population For adults and children C arrageenan 6y+ For adults and children 1y+ (DE) Austrian product version Austrian product version For moisteningn.a. the mouth (Multiple) Spray volume 140µl/puff (AT) Austrian Austrian product version product version Patient population For adults and children 1y+ C hildren and1y+throat in caseFor adults of dryand children 1y+ Spray volume 140µl/puff 50µl/puff For moistening of the oral C lears a blocked nose breathing air, cough or140µl/puff particularly during and pharyngeal mucosa in hoarseness for example common colds (flu-like C an case of e.g. cough, C an shorten the duration C an be used forshorten the the duration illnesses) caused by Alleviate the severity of hoarseness or dry Alleviate the severity of of flu-like illnesses and prevention of and flu-like illnesses and supportive viruses, allergic or non- cold symptoms, can treatment alleviate of common thecoldseverity of breathing air cold symptoms, can alleviate the severity of Is indicated reduce for the prophylactic and supportive new infections For prevention treatment andinfections coldofsymptoms, viral supportive caused can treatment of the of viral by e.g. smoking, allergic rhinitis as well as reduce new infections cold symptoms, can and flu-like illnesses infections and of the upper respiratory tract reduce new infectionslongrespiratory speaking or tract singing sinusitis reduce new infections serveFor to the moisten the prevention lining and supportive treatment of all C an shorten the duration C an shorten the duration of common cold and resurgence of virus-related cold of thecomplaints mouth andresulting throat from dry or irritated oral and of common colds (flu-like symptoms C an be used additionally for the preventive and sustainable moistening pharyngeal mucosa of the illnesses), reduce the nasal mucosa and thus for the prophylactic and supportive treatment of all severity of cold symptoms complaints resulting from dry and irritated nasal mucosa and can reduce new infections and resurgence ▪ Finland ▪ Vietnam Claims of virus-related cold Claims symptoms Austrian product version Austrian product version For moistening the mouth Austrian product version and throat in case of dry For moistening of the oral (Canada) (Baltics) (Nordics) breathing air, cough or and pharyngeal mucosa in hoarseness for example case of e.g. cough, C an be usedCfor an the shorten the duration Alleviate the severity of of supportive hoarseness or dry flu-like illnesses and prevention and cold symptoms, can alleviate the breathing air treatment of common coldseverity of reduce new infections cold symptoms, caused can by e.g. smoking, and flu-like illnesses and long speaking or singing reduce new infections serve to moisten the lining of the mouth and throat ▪ Norway Austrian product version Austrian product version (HU) (CH) (GR) 1 Additional partner for new product in Canada 2 Former partner for Denmark has been acquired by KARO Pharma; Currently marketed in over 40 countries Regulatory status Active ingredients Coldamaris pro new product launch under new brand Coldamaris pro junior Medical device IIa 1.2 mg/ml C arragelose® Coldamaris plus 0.4 mg/ml Kappa- C arrageenan Patient population For adults and children 1y+ C hildren 1y+ For adults and children 1y+ Spray volume 140µl/puff 50µl/puff 140µl/puff Coldamaris pro Is indicated for Coldamaris the pro prophylacticColdamaris junior and supportive treatment of viral infections of the plus respiratory tract Coldamaris lozenges Coldamaris throatspray Coldamaris akut tatus C anMedical shorten device IIa the duration of common cold and resurgence of virus-related cold dients 1.2 mg/ml C arragelose® symptoms Regulatory status Medical device IIa Medical device Is C an be used additionally for the0.4 mg/ml Kappa- preventive and sustainable moistening of the Active ingredients 10 mg C arragelose® 1.2 mg/ml C arragelose® C arrageenan nasal mucosa and thus for the prophylactic and supportive treatment of all 0.4 mg/ml Kappa- complaints resulting from dry and irritated nasal mucosa C arrageenan ulation For adults and children 1y+ C hildren 1y+ For adults and children 1y+ 7% Sorbitol e 140µl/puff 50µl/puff 140µl/puff Patient population For adults and children 6y+ For adults and children 1y+ Spray volume n.a. 140µl/puff Claims C lears a blocked nose particularly during common colds (flu-like Is indicated for the prophylactic and supportive treatment of viral infections of the illnesses) caused by Coldamaris lozenges Coldamaris throatspray Coldamaris akut respiratory tract viruses, allergic or non- Legend For prevention and supportive treatment of viral Regulatory status Medical device IIa Medical device Is C an shorten the duration of common cold and resurgence of virus-related cold C an shorten the duration allergic rhinitis as well as damaris pro Coldamaris pro junior Coldamaris plus infections of the upper respiratory tract Active ingredients 10 mg C arragelose® 1.2 mg/ml C arragelose® symptoms Alleviate the severity of of flu-like illnesses and sinusitis For the prevention and supportive treatment of all 0.4 mg/ml Kappa- C an be Medical used additionally device IIa for the preventive and sustainable cold symptoms, can moistening of the alleviate the severity of C an shorten the duration complaints resulting from dry or irritated oral and C arrageenan nasal1.2 mg/ml and mucosa C arragelose® thus for the prophylactic reduce new and supportive treatment of all infections cold symptoms, can of common colds (flu-like pharyngeal mucosa 7% Sorbitol complaints resulting from dry and0.4 mg/mlnasal irritated Kappa- mucosa reduce new infections illnesses), reduce the C arrageenan Patient population For adults and children 6y+ For adults and children 1y+ severity of cold symptoms Spray volume n.a. 140µl/puff and can reduce new ts and children 1y+ C hildren 1y+ For adults and children 1y+ infections and resurgence C lears a blocked nose 140µl/puff 50µl/puff 140µl/puff Claims of virus-related cold particularly during symptoms common colds (flu-like illnesses) caused by viruses, allergic or non- For moistening the mouth Anti-viral decongestant nasal spray For prevention and supportive treatment of viral allergic rhinitis as well as Anti-viral cold/flu nasal spray and throat in case of dry ted for the prophylactic and supportive treatment of viral infections of the For moistening of the oral infections of the upper respiratory tract sinusitis C an shorten the duration breathing air, cough or ory tract and pharyngeal mucosa in For the prevention and supportive treatment of all C an shorten the duration hoarseness for example rten the durationAustrian Alleviate of common product the cold andversion severity of resurgence of virus-related cold of flu-like illnesses and case of e.g. cough, complaints resulting from dry or irritated oral and of common colds (flu-like C an be used for the ms cold symptoms, can alleviate the severity of hoarseness or dry pharyngeal mucosa illnesses), reduce the used additionally forreduce the preventive and sustainable moistening of the prevention and supportive new infections cold symptoms, can breathing air severity of cold symptoms ucosa and thus for the prophylactic and supportive treatment of all treatment of common cold reduce new infections caused by e.g. smoking, and can reduce new nts resulting from dry and irritated nasal mucosa and flu-like illnesses and long speaking or singing infections and resurgence serve to moisten the lining Claims of virus-related cold of the mouth and throat symptoms For moistening the mouth and throat in case of dry For moistening of the oral breathing air, cough or Anti-viral kids nasal spray Anti-viral throat spray and pharyngeal mucosa in hoarseness for example case of e.g. cough, C an be used for the duct version C an shorten the duration hoarseness or dry te the severity of of flu-like illnesses and Austrian product version prevention and supportive breathing air symptoms, can alleviate the severity of treatment of common cold caused by e.g. smoking, e new infections cold symptoms, can and flu-like illnesses and long speaking or singing reduce new infections serve to moisten the lining of the mouth and throat Anti-viral cold/flu nasal spray (higher dose) Anti-viral lozenges Current commercial reach Austrian product version 12
Positive outlook for 2019 and beyond Exploiting the potential of our platforms Marinosolv® and Carragelose® Marinosolv® in the focus ▪ Targeting a 5 billion dollar market with lead product ▪ Regulatory submission of Budesolv set to take place in 2020 ▪ Clinical phase II of Tacrosolv in first half 2020 ▪ Further developments based on Marinosolv® technology for strong growth perspective Carragelose® is back on growth trajectory ▪ Entry into new markets and additional product launches in existing markets ▪ Investments in clinical studies and the optimisation of production ▪ Long-term rise in revenues expected We remain optimistic for 2019 and beyond ▪ Increasing order and sales performance expected ▪ Ramp up of R&D investments ▪ Funding provided by IPO proceeds, EIB loan commitment, subsidies and recurring revenues 13
www.marinomed.com
You can also read