Revolutionizing mRNA for Life - Investor Presentation, July 2021 - CureVac
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Forward-Looking Statements The information set forth herein does not purport to be complete or to contain all of Forward-looking statements are subject to many risks, uncertainties and other the information you may desire. Statements contained herein are made as of the date variable circumstances, including negative worldwide economic conditions and of this document unless stated otherwise, and neither the delivery of this document at ongoing instability and volatility in the worldwide financial markets, ability to obtain any time, nor any sale of securities, shall under any circumstances create an funding, ability to conduct current and future preclinical studies and clinical trials, the implication that the information contained herein is correct as of any time after such timing, expense and uncertainty of regulatory approval, reliance on third parties and date or that information will be updated or revised to reflect information that collaboration partners, ability to commercialize products, ability to manufacture any subsequently becomes available or changes occurring after the date hereof. products, possible changes in current and proposed legislation, regulations and governmental policies, pressures from increasing competition and consolidation in the This presentation of CureVac N.V. and/or its wholly owned subsidiaries CureVac AG, company’s industry, the effects of the COVID-19 pandemic on the company’s CureVac Real Estate GmbH, CureVac Inc., CureVac Swiss AG and CureVac business and results of operations, ability to manage growth, reliance on key Corporate Services GmbH (the “company”) contains statements that constitute personnel, reliance on intellectual property protection, ability to provide for patient “forward-looking statements” as that term is defined in the United States Private safety, and fluctuations of operating results due to the effect of exchange rates or Securities Litigation Reform Act of 1995, including statements that express the other factors. Such risks and uncertainties may cause the statements to be inaccurate company’s opinions, expectations, beliefs, plans, objectives, assumptions or and readers are cautioned not to place undue reliance on such statements. Many of projections of the company regarding future events or future results, in contrast with these risks are outside of the company’s control and could cause its actual results to statements that reflect historical facts. Examples include discussion of the potential differ materially from those it thought would occur. The forward-looking statements efficacy of the company’s vaccine and treatment candidates and the company’s included in this presentation are made only as of the date hereof. The company does strategies, financing plans, growth opportunities and market growth. In some cases, not undertake, and specifically declines, any obligation to update any such you can identify such forward-looking statements by terminology such as “anticipate,” statements or to publicly announce the results of any revisions to any such “intend,” “believe,” “estimate,” “plan,” “seek,” “project,” or “expect,” “may,” “will,” statements to reflect future events or developments, except as required by law. “would,” “could,” “potential,” “intend,” or “should,” the negative of these terms or similar expressions. Forward-looking statements are based on management’s current For further information, please reference the company’s reports and documents filed beliefs and assumptions and on information currently available to the company. with the U.S. Securities and Exchange Commission (SEC). You may get these However, these forward-looking statements are not a guarantee of the company’s documents by visiting EDGAR on the SEC website at www.sec.gov. performance, and you should not place undue reliance on such statements. CureVac Investor Presentation, July 2021 | 2
CureVac at a Glance PIONEERS IN MEDICAL MRNA DEEP CLINICAL STRATEGIC APPLICATIONS MANUFACTURING PIPELINE PARTNERSHIPS UNIQUE MRNA EXPERTISE TECHNOLOGY Development Founded in 2000 support Headquartered in Tübingen 3 GMP suites online Medical affairs Prophylactic Vaccines expertise >700 employees 1 large-scale suite Immuno-oncology Commercial in progress Unmodified mRNA execution power Protein Therapies Broad European Balanced immune CMO network activation Flexible and mobile Low dose activity GMP units CureVac Investor Presentation, July 2021 | 3
Differentiated Technology Creates A New Class of Products FOCUS AREA LEAD PROGRAM / COLLABORATION FORMULATION Prophylactic Vaccines COVID-19 CVnCoV Induction of antibody responses COVID-19 CV2CoV Lipid nano-particle Induction of T-cell responses Rabies CV7202 Oncology Induction of T-cell responses Tumor-associated antigens Lipid nano-particle Immune Induction of antibody responses Shared neo-antigens active Breaking of tolerance applications Activation of innate and adaptive immunity CV8102 Peptide based Protein Therapy Oncology Genmab collaboration Lipid nano-particle Use of the liver as a bioreactor Convey controlled immunogenicity Immune Rare Diseases Harvard collaboration Polymer based silent Ocular administration applications Yale collaboration Mucosal delivery CRISPR collaboration Lipid nano-particle Other CureVac Investor Presentation, July 2021 | 4
CureVac Pipeline: A Diversified Portfolio PRE-CLINICAL PRE-CLINICAL AREA PROGRAMS AND INDICATIONS COLLABORATIONS DISCOVERY DEVELOPMENT PHASE 1 PHASE 2 PHASE 3 CVnCoV: COVID-19 (2) (1) COVID-19 2nd-generation vaccines PROPHYLACTIC CV7202: Rabies VACCINES Lassa, Yellow Fever Disruptive low dose technology Respirational Syncytial Virus Other Infectious Diseases Diverse projects (Rota, Malaria, Universal Influenza) CV8102: cMEL, ACC, SCC, HNSCC ONCOLOGY BI13618409 (CV9202): Non-Small Cell Lung Cancer Vaccines and intra- Shared neo-antigen tumoral applications Tumor Associated Antigens Cas9 Gene-editing PROTEIN THERAPY Ocular Diseases Rare diseases, gene Lung Respiratory Diseases editing & antibodies Therapeutic Antibodies (1) Combined Phase 2b/3 clinical trial (2) Funding by CEPI provided for Phase 1 clinical trial, which has completed dosing and recruitment CureVac Investor Presentation, July 2021 cMEL: Cutaneous melanoma; ACC: Adenoid cystic carcinoma; SCC: Squamous cell carcinoma; HNSCC: Squamous cell carcinoma of head and neck | 5
2020 – Year of Corporate Transformation Growing a commercial Expanding organization Management expertise EC supply Strategic agreement Strong cash position Growing talent base: partnerships with €1.32 billion* >500 employees Manufacturing scaling-up Accelerated clinical development Rigorous pre-clinical candidate 2020 $ Well financed to drive business Year of Corporate Transformation transformation selection CureVac Investor Presentation, July 2021 *As of December 31, 2020 EC: European Commission | 6
Propelling CureVac Forward Building a commercial organization Developing commercial products BIOPHARMA Unique mRNA technology Strong science BIOTECH expertise High operational agility CureVac Investor Presentation, July 2021 | 7
Partnering with GSK, the World’s Largest Vaccine Expert Joint Development of Second-Generation mRNA Vaccines VACCINE DEVELOPMENT EXPERTISE Joint development of 2nd generation mRNA vaccines for rapid induction Vaccine of improved immune responses with a favorable side effect profile development expertise Immune responses at low doses to support development of multivalent vaccines as well as combination vaccines Joint efforts to stay one step ahead of the pandemic with GSK contributing resources to research, development and manufacturing COMMERCIALIZATION ROLES GSK to be Marketing Authorization Holder with exclusive rights for development, manufacturing, and commercialization CureVac to retain three commercial areas: Multivalent & International Germany, Austria, Switzerland combination reach vaccines CureVac Investor Presentation, July 2021 | 8
Unmodified mRNA: Differentiated Mode of Action, Mimics Natural Immunity Encoded protein Ribosomes Optimizing untranslated regions based on potent, tissue-specific Optimized regulatory elements ribosome interaction Targeted optimizations Optimizations allow for increased translation efficiency and immunogenicity mRNA construct Maximizing ribosome interaction for increased protein expression enables low dose activity 5’ untranslated Open Reading Frame 3’ untranslated region Protein coding portion region CureVac Investor Presentation, July 2021 | 10
Unique Mechanism of Action for Immunotherapy and Infectious Diseases PROPHYLACTIC VACCINES UNIQUE MECHANISM OF ACTION Active at low dose in humans Unmodified, natural mRNA Enables multivalent vaccines Inducing type I interferons Fast, large-scale GMP production Inducing B and T cell responses Multiple product candidates Activating innate immune system Inducing boostable memory responses CANCER VACCINES & IMMUNO-MODULATION Innate and adaptive immune activation Key activation of T cell responses Demonstrated breaking of tolerance Multiple product candidates CureVac Investor Presentation, July 2021 | 11
Clinical Development of COVID-19 Vaccine Candidate, CVnCoV JUNE JULY AUGUST SEPTEMBER OCTOBER NOVEMBER DECEMBER 2021 Phase 1 Phase 2a Phase 2b/3 (HERALD) Germany / Belgium Peru / Panama Europe / South America DOSE ESCALATION TRIAL DOSE CONFIRMATION TRIAL SAFETY AND EFFICACY TRIAL 2-20µg, placebo controlled 6µg / 12µg, placebo controlled 12µg, placebo controlled 280 participants, fully recruited 674 participants, fully recruited ~40,000 participants, fully recruited Expected data update: Expected data readout: Final data announcement: Publication submitted Q3 2021 June 2021 CureVac Investor Presentation, July 2021 | 12
HERALD Study: Geographically Diverse and Multi-Variant Europe ~25% of study population The Latin HERALD America Study ~75% of study population ~40,000 study participants ~35,000 age 18 to 60 ~5,000 > age of 60 10 Countries CureVac Investor Presentation, July 2021 | 13
COVID-19 Reality: Variants of Concern Spreading in Europe and Latin America Other incl. EUROPE Other incl. original strain original strain Lambda (C.37) Lambda (C.37) Delta Delta (B.1.617.2) (B.1.617.2) Gamma Gamma (P.1, 501Y.V3) (P.1, 501Y.V3) Beta (B.1.351, 501Y.V2) Beta Alpha (B.1.351, 501Y.V2) (B.1.1.7, 501Y.V1) Alpha (B.1.1.7 / 501Y.V1) SOUTH AMERICA Countries where Phase 2b/3 trial is conducted CureVac Investor Presentation, July 2021 *As of June 25, source: www.nextstrain.org / South America- or Europe-focused sub-sampling | 14
HERALD Study: Efficacy Profile to Fight Pandemic and Variant Spread IN THE AGE GROUP OF 18 TO 60 B.1 (wild type) A.2.5 B.1.429 (Epsilon) B.1.1.348 100% B.1.1 (wild type) PROTECTION AGAINST B.1.111 HOSPITALIZATION OR DEATH C.37 (Lambda) B.1.1.318 (0 vaccine vs. 6 placebo) B.1.1.1 (wild type) B.1.526 P.2 (Zeta) N.5 B.1.177.73 PRIMARY EFFICACY ENDPOINT 77% B.1.1.7 (Alpha) B.1.623 PROTECTION AGAINST MODERATE TO SEVERE DISEASE P.1.2 48% B.1.621 (Colombia) (9 vaccine vs. 36 placebo) B.1.351 (Beta) B.1.160 B.1.1.519 (Mexico) IN ALL AGE GROUPS C.36.3 53% C.36 P.1 (Gamma) B.1.177 C.11 B.1.177.43 OVERALL VACCINE EFFICACY B.1.177.53 (71 vaccine vs. 136 placebo) B.1.617.2 (Delta) B.1.177.43 B.1.617.2 (Delta) B.1.236 CureVac Investor Presentation, July 2021 | 15
HERALD Study: Variant Diversity Defines Basis for Efficacy in Final Analysis TOTAL B.1.621 Other (Colombia) ~11% ~14% Wild type ~3% LATIN AMERICA EUROPE Lambda 204 Other ~21% adjudicated Alpha B.1.621 ~13% Wild type cases ~92% (Colombia) ~4% Alpha ~19% Delta ~32% ~1% 155 Alpha ~13% Gamma 49 Gamma ~4% adjudicated ~18% adjudicated cases cases Delta ~2% Lambda (~76%) (~24%) Other ~2% ~28% Gamma 15 different ~23% COVID-19 variants CureVac Investor Presentation, July 2021 | 16
HERALD Study: Variant Diversity in Overall Study Reflect New COVID-19 Reality B.1 (wild type) 110 B.1.1 (wild type) Belgium B.1.1.1 (wild type) B.1.1.7 (Alpha) EUROPE B.1.351 (Beta) Germany P.1 (Gamma) adjudicated + B.1.617.2 (Delta) Spain non-adjudicated B.1.429 (Epsilon) C.37 (Lambda) cases P.2 (Zeta) Netherlands B.1.621 (Colombia) B.1.1.519 (Mexico) N.5 P.1.2 478 Dom. Rep. A.2.5 B.1.111 LATIN AMERICA B.1.526 Panama B.1.623 adjudicated + B.1.160 B.1.177 Mexico non-adjudicated B.1.177.43 cases B.1.1.348 Colombia B.1.1.318 B.1.177.73 Argentina 29 C.11 C.36 virus strains Peru C.36.3 overall B.1.177.53 B.1.236 0 50 100 150 200 Number of cases CureVac Investor Presentation, July 2021 | 17
HERALD Study: Balanced Trends for Efficacy Across Relevant Variants EFFICACY BY STRAIN AGAINST ANY SEVERITY (AGE GROUP OF 18 TO 60) Variant CVnCoV Placebo VE LLCI ULCI B.1.621 (Colombia) 11 17 42 -25 73 Other 7 13 51 -24 80 Gamma (P.1) 9 26 67 30 85 Lambda (C.37) 13 26 53 8 76 Alpha (B.1.1.7) 20 42 55 24 74 CureVac Investor Presentation, July 2021 VE: Vaccine efficacy; LLCI: Lower limit confidence interval; ULCI: Upper limit confidence interval | 18
HERALD Study: Reactogenicity Data on 2,000 Vaccinated Trial Participants SYSTEMIC LOCAL SYMPTOMS Vaccination 1 Vaccination 2 SYMPTOMS Vaccination 1 Vaccination 2 Fatigue >60 Pain >60 18-60 18-60 Headache >60 18-60 Itching >60 >60 Myalgia 18-60 18-60 >60 >60 Swelling Chills 18-60 18-60 >60 Arthralgia >60 18-60 Redness >60 18-60 Fever 18-60 0% 20% 40% 60% 80% 100% 0% 20% 40% 60% 80% 100% >60 Percentage of Participants Nausea 18-60 Grade 1 >60 Grade 2 Diarrhea 18-60 0% 20% 40% 60% 80% 100% 0% 20% 40% 60% 80% 100% Grade 3 Percentage of Participants CureVac Investor Presentation, July 2021 | 19
CVnCoV Preclinical Data: Non-Human Primate Data Suggests CVnCoV Protection Against SARS-CoV-2 Humoral and cellular responses following SARS-CoV-2 challenge infection following vaccination with 8µg vaccination with 8µg Strong antibody induction UPPER RESPIRATORY TRACT: NOSE AND THROAT High titers of Spike (1.6 103) and Reduced viral load RBD (3.2 103) binding antibodies LOWER RESPIRATORY TRACT: High titer of virus neutralizing antibodies LUNGS (2.7 104 at peak) Full lung protection, no detectable viruses Generation of multiclonal T cell responses in line with previous mouse data Dose efficiency comparable to 12 µg dose advanced into late-stage human clinical testing CureVac Investor Presentation, July 2021 *Full manuscript of pre-clinical data available on bioRxiv pre-print server | 20
Delivering CVnCoV
Expanding European Manufacturing Network with Experienced Partners Manufacturing partners mRNA mRNA production Fill & Finish Packaging formulation CureVac Investor Presentation, July 2021 | 22
The RNA Printer®, Decentralized Mobile mRNA Production RNA Printer® 2.0 pDNA mRNA production production PANDEMIC PREPAREDNESS in hospitals in outbreak regions CUSTOMIZED, POINT OF CARE mRNA vaccines and therapeutics CLINICAL DEVELOPMENT acceleration at lower costs CureVac Investor Presentation, July 2021 | 23
Key Agreement with European Commission Delivering up to 405 million doses of CVnCoV to European member states Agreement for 225m doses and an additional 180m dose option €450 million upfront payment to mitigate project costs and help to de-risk production before regulatory approval Leveraging in-house manufacturing as well as integrated European manufacturing network CureVac Investor Presentation, July 2021 | 24
CV2CoV, Second-Generation COVID-19 Vaccine Candidate
Second-Generation Vaccines: New mRNA Backbone for Advanced Characteristics Protein expression 2000 α Human anti SARS CoV s (CR3022) Intracellular Cell surface Untranslated regions Geometric mean viable cells Higher protein expression 1500 Second- Balanced immune generation response 1000 Improved kinetics Poly-A tail 500 0 Gen 1 Gen 2 Gen 1 Gen 2 Joint development with GSK CureVac Investor Presentation, July 2021 | 26
CV2CoV Preclinical Data: Faster Onset of Strong Immune Activation in Non-Human Primates Preclinical Non-Human Primate (NHP) Model* Neutralizing antibodies, Pseudovirus assay CV2CoV, faster onset of neutralizing antibody production. 211 titer two weeks after first dose ~36x ~10x Sham Titer 10000 CVnCoV Titer CV2CoV CV2CoV, 10-times higher neutralizing NAb antibody induction of CV2CoV compared to NAb CVnCoV at peak level after 6 weeks Pseudovirus 1000 Pseudovirus 100 Two-dose vaccination schedule of a 12µg dose on day 0 and day 28 10 0 1 2 4 5 6 8 Week of Study UNPUBLISHED DATA CureVac Investor Presentation, July 2021 *Data generated in collaboration with Dan Barouch, Beth Israel Deaconess Medical Center, Harvard Medical School | 27
CV2CoV / CVnCoV Preclinical Data: Evidence of Protection Against South Africa Strain Variant of Concern Efficient protection from challenge with B.1.351 by B.1.351 (SA strain) vaccination with: 8µg of CVnCoV Original strain BavPat1 0.5-8µg CV2CoV CENTRAL NERVOUS SYSTEM: BRAIN Survival Survival CVnCoV / Almost full protection, non-vaccinated CV2CoV vaccinated B.1.351 close to limit of detection BavPat1 20% BavPat1 100% UPPER RESPIRATORY TRACT: B.1.351 0% B.1.351 100% CONCHAE Residual viral load no statistical significance Vaccinated animals were protected from disease and mortality LOWER RESPIRATORY TRACT: TRACHEA, LUNGS Robust induction of antibody titers for BavPat1, Almost full protection, significantly lower antibody titers for B.1.351 B.1.351 close to limit of detection CureVac Investor Presentation, July 2021 *Full manuscript of pre-clinical data available on bioRxiv pre-print server SA: South Africa | 28
Oncology: Solid Tumor Lead Program, CV8102
Unique Mechanism of Action for Immunotherapy and Infectious Diseases PROPHYLACTIC VACCINES UNIQUE MECHANISM OF ACTION Active at low dose in humans Unmodified, natural mRNA Enables multivalent vaccines Inducing type I interferons Fast, large-scale GMP production Inducing B and T cell responses Multiple product candidates Activating innate immune system Inducing boostable memory responses CANCER VACCINES & INTRA-TUMORAL IMMUNOMODULATION Innate and adaptive immune activation Key activation of T cell responses Demonstrated breaking of tolerance Multiple product candidates CureVac Investor Presentation, July 2021 | 30
CV8102: From Local Immune Activation to Systemic Immune Responses CV8102 targets immune receptors TLR 7, TLR8 and RIG-I DRAINING LYMPH NODE Activation of immune cells Antigen presentation, T cell priming TREATED TUMOR LESION NK, T- and B-cell activation Induction of cytokines, chemokines Antigen release and presentation Activation of innate immune cells DISTAL TUMORS NK and T-cell activation Tumor growth inhibition Tumor growth inhibition Amplification of immune response CureVac Investor Presentation, July 2021 NK cells: Natural killer cells | 31
CV8102: Preliminary Efficacy Data Update Preliminary data on overall tumor response and duration (data cut-off October 5, 2020) Indication Dose Cohort A – single agent CV8102 Indication Dose Cohort C – CV8102 + anti-PD-1 HNSCC 100 µg * HNSCC 150 µg cMEL 25 µg cMEL 600 µg Preliminary efficacy: SCC 600 µg cMEL 600 µg cMEL 450 µg cMEL 150 µg single agent cMEL 150 µg cMEL 200 µg ACC 150 µg cMEL 50 µg ACC 300 µg cMEL 100 µg 1 Complete Response (cMel) cMEL 150 µg cMEL 200 µg * cMEL 450 µg 2 Partial Responses (cMel, cSCC) ACC 150 µg cMEL 300 µg 3 Stable Diseases with shrinkage of cMEL 100 µg cMEL 300 µg ACC 900 µg injected and/or non-injected lesions* cMEL 600 µg ACC 900 µg HNSCC 25 µg (HNSCC, Melanoma, cSCC) SCC 900 µg cMEL 50 µg * cMEL 100 µg HNSCC 600 µg cMEL 900 µg cMEL 150 µg cMEL 200 µg cMEL 450 µg ACC 200 µg cMEL 900 µg Preliminary efficacy: HNSCC 600 µg cMEL 900 µg cMEL 200 µg combination with PD-1 ACC 150 µg cMEL 200 µg cMEL 50 µg antibodies HNSCC 150 µg weeks HNSCC 300 µg 1 Partial Response (cMel) ACC 450 µg 2 Stable Diseases (cMel, HNSCC) cMEL 200 µg ACC 200 µg 55% pts anti-PD-1 pre-treated 86% pts anti-PD-1 pre-treated Patients more heavily pre-treated than SCC 50 µg 7% with anti-CTLA4 48% pts with anti-CTLA4 patients in single agent cohort cMEL 900 µg SCC 200 µg cMEL 900 µg cMEL: Cutaneous melanoma; ACC: Adenoidcystic carcinoma; SCC: Squamous cell carcinoma; HNSCC: Squamous cell carcinoma of head and neck CureVac Investor Presentation, July 2021 | 32
CV8102: Monotherapy Case Studies Case study 1 Case study 2 Case study 3 150 µg Complete Response (CR) 100 µg CV8102 (SD) 450 µg CV8102 (PR) Lesion 5 injections 8 injections Metastatic LN 6 injections 13 injections Pre-treatment after 8 CV8102 pre-treatment CV8102 CV8102 pre-treatment CV8102 CV8102 injections Noninjected pleural lesion 74-year-old female patient, stage IIIc melanoma with 91-year-old male patient, stage IV HNSCC with large 50-year-old female patient, patient with anti-PD-1 multifocal in-transit metastases buccal and small lip lesion and a contralateral cervical refractory melanoma, stage IV N3c M1b at study entry, metastatic LN, pretreated with cetuximab, external early progression on adjuvant Nivolumab treatment CR of injected and non-injected cutaneous lesions beam radiation and multiple surgeries After 8 IT injections of CV8102 CR of subcutaneous lesion (MRI) Buccal and lip lesions remained stable for 9 months PR per RECIST 1.1 with shrinkage of injected and Marked transient rise in serum IL-6 and CRP (study duration) several non-injected lesions following the first intra-tumoral injection Untreated metastatic LN showed ongoing Partial regression of injected tumor lesion after regression 800 5 injections Overall stable disease according to RECIST 1.1 LDH [U/L] CR of in-transit metastases on MRI, CR of all for 9 months 600 skin metastases at week 12 400 Early increase in IL-6 Patient continued to receive injections at monthly 200 Early drop in intervals for 9 months without recurrence serum LDH 0 -20 -10 0 10 20 30 40 50 60 70 80 Trial day CureVac Investor Presentation, July 2021 LN: Lymph node | 33
Full-Year 2020 Financial Highlights
Our Financial Strength Enables the Company Transformation Nasdaq listing: GSK ~€193 million €150 million GSK Upfront €120 million KfW €300 million Private Round: ~€560 million €252 million Cash position Cumulative Investments Grant of the German €110 million ~€1.32bn* Federal Ministry of Education and Research Two mid-nine figure €50 million 2021: ~$517.5m upfront Payments 1st tranche drawn of the European Commission Aggregated gross proceeds European Investment Bank (EIB) from public offering closed February 2021 CureVac Investor Presentation, July 2021 *As of December 31, 2020 | 35
Capital Inflow Fuels Corporate Transformation +4,210% €874m €50m €35m €200m €4m €1.32bn €120m €579m €30,7m Full-year Full-year Collaboration & Grants Finance rounds Loan Personnel 3rd Party Other 2019 upfront payments & equity expenses related cash-out 2020 CureVac Investor Presentation, July 2021 | 36
Cash and Condensed Consolidated P&L Statement Year ended December 31, 2020 2019 (in € millions) unaudited Cash and Cash Equivalents 1,322.6 30.7 Year ended December 31, Three Month ended December 31, 2020 2019 2020 2019 (in € millions) unaudited unaudited Revenue 48.9 17.4 6.0 6.8 Operating Expenses -158.7 -116.9 -52.6 -41.9 Operating Result -109.8 -99.5 -46.6 -35.1 Financial Result -20.0 -0.6 -10.7 -0.8 Earnings before Taxes (EBT) -129.8 -100.1 -57.3 -35.9 CureVac Investor Presentation, July 2021 | 37
Executing on Corporate Growth With An Experienced Team CureVac Management Franz-Werner Haas Pierre Kemula Mariola Fotin-Mleczek Igor Splawski Antony Blanc, Malte Greune Klaus Edvardsen LLD, LLM B.Sc. PhD PhD PhD PhD PhD* Chief Executive Chief Financial Chief Technology Chief Scientific Chief Business/ Chief Operating Chief Development Officer Officer Officer Officer Commercial Officer Officer Officer NEW NEW CureVac Investor Presentation, July 2021 *The appointment of Dr. Edvardsen will take effect on August 1, 2021 | 38
CureVac Investor Relations Contact Dr. Sarah Fakih Vice President Corporate Communications & Investor Relations Friedrich-Miescher-Str. 15 72076 Tübingen Germany Phone: +49 (0)7071 9883 -1298 Mobile: +49 (0)160 90496949 Email: sarah.fakih@curevac.com investors@curevac.com CVAC | NasdaqListed https://www.linkedin.com/company/curevac/ @CureVac https://twitter.com/CureVacRNA CUSIP N2451R105 @CureVacRNA ISIN NL0015436031 https://de-de.facebook.com/CureVac/ www.curevac.com WKN A2P71U @CureVac CureVac Investor Presentation, July 2021 | 39
Appendix © picture alliance/dpa
CVnCoV Phase 1 Trial: Analysis of SARS-CoV-2 Specific Antibody Responses Binding antibodies: Measured by ELISA Spike protein (S1+S2) Receptor Binding Domaine (RBD) Virus neutralizing antibodies: Measured by micro-neutralization assay Live human SARS-CoV-2 virus Positive titers by 50% of neutralization Human Convalescent Sera (HCS) panel: Comparator with highest medical relevance 51 patients with multiple symptoms, 16 hospitalized Antibodies measured at the peak time CureVac Investor Presentation, July 2021 | 41
CVnCoV Phase 1 Trial: Design of the Study Seronegative Seropositive Fully recruited 12µg 12µg Sentinel group (11) 24 4 8µg 8µg Full cohort 46 6 6µg 6µg / 46 10 4µg 4µg / 46 10 2µg 2µg Full cohort 46 10 Day 1 Day 29 Reported here: Total: Total: Prime vaccination Boost vaccination Day 36 & 43 220 41 Partially blinded, placebo-controlled, dose-escalation study in healthy adults (18-60 years) Clinical sites in Germany and Belgium Intra-muscular vaccinations on day 1 and 29 Data Safety Monitoring Board (DSMB) approval of tolerability and dose escalation CureVac Investor Presentation, July 2021 | 42
CVnCoV Phase 1 Trial: Reactogenicity Data No serious adverse events or dose limitations were observed All symptoms were transient and resolved rapidly within 24 to 48 hours Systemic symptoms Vaccination 1 Vaccination 2 Local symptoms Vaccination 1 Vaccination 2 2µg 2µg 8µg 8µg Fatigue 12µg Pain 12µg Placebo Placebo 2µg 2µg Headache 8µg 12µg Itching 8µg 12µg Placebo Placebo 2µg 2µg Myalgia 8µg 12µg Swelling 8µg 12µg Placebo Placebo 2µg 2µg Chills 8µg 12µg Redness 8µg 12µg Placebo Placebo 2µg 0% 20% 40% 60% 80% 100% 0% 20% 40% 60% 80% 100% Arthralgia 8µg 12µg Percentage of Participants Placebo 2µg Fever 8µg 12µg Placebo 2µg Nausea 8µg 12µg Placebo 2µg Grade 1 Diarrhea 8µg Grade 2 12µg Placebo 0% 20% 40% 60% 80% 100% 0% 20% 40% 60% 80% 100% Grade 3 Percentage of Participants CureVac Investor Presentation, July 2021 | 43
CVnCoV Phase 1 Trial: Spike Binding Antibodies Dose-dependent induction of binding antibodies across tested dose range Immune response detected at lowest dose of 2µg Binding antibody titers reach highly medically relevant HCS level at 12µg CureVac Investor Presentation, July 2021 GMT: Geometric mean titer; HCS: Human convalescent sera Preliminary data | 44
CVnCoV Phase 1 Trial: Neutralizing Antibodies Titers remain stable after reaching peak level Immune response already at lowest dose of 2µg detected Neutralizing antibody titers reach highly medically relevant HCS level at 12µg CureVac Investor Presentation, July 2021 MN titers: Micro-neutralization titers; HCS: Human convalescent sera Preliminary data | 45
CVnCoV Phase 1 Trial: Proportion of Neutralizing vs. Binding Antibodies Quality of immune response is reflected in antibody ratios, which are similar in CVnCoV-vaccinated subjects and convalescent patients CVnCoV-vaccinated Virus-infected Immunized individuals Convalescent patients Ratio Neutralizing SPIKE antibodies Binding 1.0 Neutralizing RBD antibodies Binding 1.0 CureVac Investor Presentation, July 2021 | 46
CVnCoV Phase 1 Trial: Data for Seropositive Subjects Long-lasting booster effect of neutralizing SARS-CoV-2 antibodies induced with 2µg CVnCoV in seropositive subjects Day 1 Day 29 2µg CVnCoV 2µg CVnCoV CVnCoV vaccine was well tolerated in seropositive subjects All seropositive subjects benefited from the vaccination Stable antibody titers imply induction of immune memory for long-term protection CureVac Investor Presentation, July 2021 Preliminary data | 47
Unique Mechanism of Action Mediated by Interferon Type 1 In animal models… …and in humans Rat model Day 1 after 1 dose Induction of IFN- (all subjects) 20 (pg/ml) 2µg 8µg 15 Dose dependent induction of 10 IFN- in rats 5 0 Day 1 2 8 29 30 36 1 2 8 29 30 36 Mouse model Day 15 after 2nd dose CureVac Investor Presentation, July 2021 | 48
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