MARINOMED SOLV4U FORMULATION DEVELOPMENT - SEPTEMBER 2021
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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 Expand on revenue Continued innovation and generating products IP generation ▪ Clinical effectiveness against ▪ Successful Phase III for SARS-Cov-2 virus Budesolv (allergic rhinitis) demonstrated validates platform ▪ First causal therapy for colds ▪ Targeting multi-billion Dollar and flu-like illnesses markets (allergic rhinitis, dry ▪ Retail sales in >40 countries eye) Phase III + 55% € 42.4m Budesolv with strong Revenues up from Financing through IPO, results – technology platform validated € 5.2m to € 8.1m EIB and ERP/AWS Phase II Tacrosolv clinical trial in ocular inflammation 4
Marinosolv® Technology 6
Marinosolv®, the basis for better therapies Technology platform to improve drug delivery and bioavailability Enables novel stable formulations Based on plant derived saponin micelles, proven as clinically safe Suitable for highly hydrophobic small molecules and peptides Most advanced asset: Budesolv (Budesonide formulation), preparing application Supported with a strong patent family (novel use), protection until at least 2036 The technology is not limited to a specific compound and has the potential to facilitate delivery of potentially any API with solubility issues. 7
Marinosolv® enhances bioavailability Improved solubility as exemplified on the lead product Budesolv Suspended particles Stable micelles Rhinocort Aqua (Johnson & Johnson) Marinosolv® enabled Budesonide nasal spray Budesonide nasal spray Suspension Solution 64µg per dose/spray 10µg per dose/spray Properties USPs Proven Solubility increase versus water shown for variety Increased Faster onset of action solubility of compounds bioavailability Higher local, lower systemic availability Well-established and well tolerated by sensitive Lower possible side effects Excipients tissues like nasal mucosa and eyes Dose reduction Lower production costs Misdosing avoided because the need to shake the Preservative free formulation No misdosing product is eliminated Aseptic filtering Lower production costs Marinosolv® – a technology platform with the potential to facilitate delivery of virtually any compound with solubility issues 9
Marinosolv® Formulation Technology Partnerships 14
- Solution to your Solubility Issues Improvement of bioavailability of hardly soluble compounds Formulation Development – Technology Partnerships All formulations are ▪ Custom-made ▪ Designed in close cooperation with our clients ▪ Considering the physicochemical uniqueness of each compound ▪ Considering requirements for later development stages and manufacturing Target compounds ▪ Potentially any hardly soluble compound (small molecules/peptides) ▪ Use of the technology is not limited to APIs for specific indications ▪ Particularly suited for locally applied, locally acting drugs ▪ Potential to improve bioavailability of orally applied drugs used for systemic diseases, such as in oncology ▪ Re-Formulation of off-patent APIs: life cycle management 15
- Formulation development From feasibility study to scalable manufacturing process Project outline Step 1: Feasibility study ▪ Establishment of analytical method ▪ Design, prepare and evaluate a defined number of modifications of Marinosolv® formulation with target compound. ▪ 6-day stability data ▪ Report Step 2: Formulation development ▪ Optimize formulation and evaluate stability ▪ Provide non-GMP study medication Step 3: Development of manufacturing process Step 4: Tech Transfer to client/CMO The license model for the Marinosolv® technology aims to include milestone payments and royalty fees on the marketed product and is discussed individually with each client. 16
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