Revolutionizing mRNA for Life - Investor Presentation, July 2021 - CureVac

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Revolutionizing mRNA for Life - Investor Presentation, July 2021 - CureVac
Revolutionizing mRNA for Life

Investor Presentation, July 2021
Revolutionizing mRNA for Life - Investor Presentation, July 2021 - CureVac
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
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“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
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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
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performance, and you should not place undue reliance on such statements.

CureVac Investor Presentation, July 2021                                                                                                                                         |   2
Revolutionizing mRNA for Life - Investor Presentation, July 2021 - CureVac
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
Revolutionizing mRNA for Life - Investor Presentation, July 2021 - CureVac
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
Revolutionizing mRNA for Life - Investor Presentation, July 2021 - CureVac
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
Revolutionizing mRNA for Life - Investor Presentation, July 2021 - CureVac
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
Revolutionizing mRNA for Life - Investor Presentation, July 2021 - CureVac
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
Revolutionizing mRNA for Life - Investor Presentation, July 2021 - CureVac
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
Revolutionizing mRNA for Life - Investor Presentation, July 2021 - CureVac
CVnCoV, First-Generation COVID-19
Vaccine Candidate
Revolutionizing mRNA for Life - Investor Presentation, July 2021 - CureVac
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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