Switching off inflammation - 1st program: to prevent formation of a scar Mike J. Davies, MD, FRCS - RESI ...
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Switching off inflammation 1st program: to prevent formation of a scar Mike J. Davies, MD, FRCS CEO, Carocell Bio Inc mike.davies@carocellbio.com +1-919-408-7121
The Problem: inflammation leads to scar formation Nothing currently PREVENTS the formation of a scar It is widely known that inflammation is the cause of scaring. Inflammation is seen as redness after a surgical incision $37 billion dollar market to manage existing scars and not one solution truly eliminates the scars Recognized need for safe and effective scar prevention treatment Carocell Bio’s unique product: JEL3108 OTC creams & oils will be steroid-free and safe 2
Current standards of care to Reduce Scaring (nothing PREVENTS Scaring) Therapy for scar treatment Plastic surgery Scar revision surgery 2nd most common plastic surgical procedure Skin camouflage Make-up Waterproof camouflage can stay in place for 2-3 days Silicone gels or sheets Silicone gels or sheets should be placed over the scar Treatment for 12 hours a day for at least 3 months Steroids Corticosteroid injections can be used to treat some keloid and Injections are usually given for several months of treatment hypertrophic scars Laser therapy Pulses of light can reduce the redness in a scar by targeting No long-term studies to prove the effectiveness/safety of laser the blood vessels therapy Cryotherapy Liquid nitrogen can be used to freeze keloid scars Can lighten the colour of the skin Dermal fillers "plump up" pitted scars Costly and usually temporary Skin needling Rolling a small device covered in hundreds of tiny needles Variable results across the skin Surgery with / without skin graft Making it appear more natural / less noticeable Invasive Pressure dressings Aim is to flatten and soften the scars 6-12 month treatment 24 hours a day Creams E45 cream Makes scar supple Vitamin D cream Unproven JEL3108 works with a novel mode-of-action and delivery method It will be a first-in-class therapy and a short treatment for patients 3
Our Solution is… Simplified LPS/UV MAPK p38⍺ • Topical delivery of p38a- cascade Feedback inhibitor Extracellular Stimuli • Prevent scar formation by stopping inflammation cascade early on! MAPKKK MAPKKK IL-6 Target for MAPKK IL-1β • Stop collagen deposition MAPK p38⍺ MAPKK TNFα that creates a scar inhibitors, MAPK p38α high up in the • Gives increased safety inflammatory cascade margin over small Nuclear MK2 IL-6 molecules by using Substrates IL-1β TNFα peptide p38α is a key modulator of the Inflammation 5 Cascade that blocks collagen deposition
The Proof Points – work already done • We deliver JEL3108 into cytoplasm of cell using Area JEL3108 binds safe nanoparticle delivery in docking studies • We deliver the peptide into dermis of skin • Docking studies show JEL3108 with a JEL3108 binds in the fluorescent tag in substrate groove of p38α the cells’ cytoplasm • We have shown novel modulation vs traditional small molecule p38α inhibitors JEL3108 delivered into 6 dermis of skin
JEL3108 Novel Peptide Significantly Reduces Levels of the Inflammation Index (TNF-⍺) in Cellular Studies 1400 1200 Inflammation Index 1000 TNF-α (pg/ml) 800 600 400 200 0 LPS100 + 100 LPS10+ 10 LPS1 + 1 LPS0+ 0 Control Control (no Concentration of peptide (ng/ml) after stimulation with LPS LPS) TNF-⍺ is a pro-inflammatory cytokine that is a recognized marker of inflammation. On exposure to the peptide, TNF-⍺ levels significantly reduced in cellular studies indicating a significant reduction in inflammation LPS, lipopolysaccharide; TNF, tumor necrosis factor 7
JEL3108 Peptide Inhibits the Activation and Activity of p38⍺ in Cellular Studies Activation of p38⍺ is a critical step in the inflammation cascade Levels significantly reduced in cellular studies when exposed to the Jel-3108 peptide and NP combination Prevention of activation of MAPK 1.4 All doses tested - [100nM (the 1.2 minimum effective dose - prevent Activated MAPK the activation of inflammation Phospho/p38α 1 (Phospho/p38a) 0.8 0.6 0.4 0.2 0 0 100 300 1000 Concentration of peptide (nM) Cells were analyzed for active (phospho)-MAPK p38α by immunoprecipitation and immunoblotting using Sigma p38 MAPK activity assay kit (product number CS02050) MAPK, Mitogen-activated protein kinase 8
Demonstrates High Specificity and Selectivity of lead peptide for p38⍺ in Biochemical Assays JnnK Cdk2 Prak Chk1 EGF Src Fak Mek Akt Selectivity over related enzymes (kinases) very important in >10 >10 >10 >10 >10 >10 >10 >10 ~10 preventing unwanted side effects Kdr Jak3 Egfr ZAP70 CSK IGFR p38β p38⍺ 7 7 4 4 3 0.95 0.450 0.003 Kinase inhibition (uM) The Jel-3108 peptide was screened against a panel of 30 kinases in biochemical assays. Results showed high selectivity and specificity for p38α Akt, protein kinase B; CDK2, cyclin-dependent kinase 2; CHK1, checkpoint kinase1; CSK, C-terminal Src kinase; EGF, epidermal growth factor; EGFR, epidermal growth factor receptor; FAK, focal adhesion kinase; IGFR, insulin-like growth factor receptor; JAK3, Janus kinase 3; JNK, c-Jun N-terminal kinase; KDR, kinase insert domain; MEK, mitogen-activated protein kinase; p38, p38 mitogen-activated protein kinase; PRAK, p38-regulated/activated protein kinase; Src, Src kinase; ZAP70, zeta chain-associated protein kinase 70 9
Crystal structure of diphosphorylated p38α ‘ACTIVE’ MAP kinase (pdb: 3py3) The Detail • Novel Binding Phosphorylation • Novel Mode of Action Phosphorylation • Novel delivery into cells • Complete & ‘local’ shutdown of the p38α pathway JEL3108 Novel nanoparticle delivery system will get our payload into cells Novel binding mode blocks the inflammation three-fold: (1) JEL3108 locks p38α autoactivation by TAB1 (2) Blocks p38α activation by MKK3, MKK4, and MKK6 (upstream) (3) JEL3108 sterically blocks p38α substrates getting phosphorylated (downstream) 10
The Carocell Bio Product • Safe, sterile, spray formulation applied at the time of incision closing and used daily, on the site, for up to a week – so it is a short and painless treatment cycle • Nanoparticles in the spray promote skin absorption and uptake by cells to release the unique, patented, novel binder which adhere to the target • Release the unique, patented, novel peptide binder which adheres to the target • Ameliorates the inflammatory process, reduces & stops the collagen deposition thus preventing the formation of a scar 11
The Current Market - what people spend on scar reduction $37bn 234-million operations world-wide (2019) 12
Traction • 3 Patents issued • USA, EU, Japan (Pending – China) • Cellular studies completed • Human tissue biopsies ongoing • Big pharma excited – we need your help to get there 14
Team Mike Davies John Nicholson Ann Mackey Graham Combe MD, University of Edinburgh MA, University of Cambridge BA, Vanderbilt University BSc (Hons), University College London Founder & CEO Chairman CFO Business Development Developed drugs 2 exits on market 55 years pharma $200M raised experience 15
Financials – potential exits within 5 years Investment Novartis pay $310M for IFM Therapeutics’ inflammation-focused unit Novartis is handing over $310 million up front and up to $1.265 billion in milestones. Clinical Proof of Concept April 2019 Exit Regulatory Approval for Clinical Trials DeepBridge Capital ~ 50% $20M $6.5M $1.5M $3.5M 2021 2022 2023 2024 2025 2026 16
$10M Investment over 2 years Toxicology GMP manufacture GMP stability Regulatory engagement (IND/CTA) Grow team 2024 Formulation development Pig scar prevention study Regulatory Regulatory engagement (pre-IND) Patents approval for 2023 Cellular studies Grow team clinical trials IUK grants $6.5M Patents Deepbridge Capital investment ask Personal investment 2022 $3.5M 2021 ask $1.5M raised 17
See you in BREAKOUT Room 1 Thank You Dr Mike Davies NC Biotechnology Center Durham, NC 27709 mike.davies@carocellbio.com +1-919-408-7121
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