Targeted therapeutics - at the forefront of oncology CORPORATE PRESENTATION - Ryvu Therapeutics
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Note on the presentation and forward looking statements This document does not constitute a public offering in the meaning of the Regulation (EU) 2017/1129 of the European Parliament and of the Council, or any other offer or invitation to acquire any Company's securities, nor the incentive to submit bids for the acquisition or subscription of the Company's securities. This document does not constitute information about the Company's securities and the terms and conditions of their acquisition or offering sufficient grounds to decide whether to purchase or acquire such securities. In particular, the document does not constitute an offer of securities for sale in the United States, nor may the securities be offered or sold in the United States absent registration under the Securities Act or in reliance upon an available exemption from the registration requirements of the U.S. Securities Act and in compliance with applicable state securities laws. The forward-looking statements contained in this document, such as those relating to the Company's income, results or development, are based on a number of assumptions, expectations and projections, and are subject to uncertainty and may change as a result of external or internal factors and should not be treated as binding forecasts. Neither the Company nor the persons acting on its behalf, in particular the members of the Company's Management Board, the Company's advisers nor any other person, provide any assurance that future expectations will be fulfilled, and in particular do not guarantee the future results or events of such statements and that the future results of the Company will not differ materially from the forward- looking statements. The information in this document is subject to change. Neither the Company nor any other person is obligated to update them. 2
Ryvu at a glance Clinical Pipeline Across Heme Small Molecule Discovery Platform; Fully Integrated Research and Solid Tumors Novel Synthetic Lethality Targets Organization • Wholly owned, first-in-class, Developing small molecule therapies which address • Team of ~150 scientists (with ~80 PhDs) selective, oral CDK8/19 inhibitor high value emerging targets and pathways in international expertise in drug discovery and track • Phase Ib study in AML/MDS: Early oncology record in delivering new clinical candidates RVU120 signs of efficacy reported at EHA/ASH 2021; further enrollment • State-of-the-art facility including HTS, medicinal ongoing; Synthetic Lethality • WRN, PRMT5, chemistry, biology and in vivo facilities • Phase Ib study in solid tumors Novel SL targets enrolling • First-in-class dual PIM/FLT3 kinase Immuno-Oncology • HPK1, STING SEL24 inhibitor for AML in Phase II; partnered with Menarini; • Single agent efficacy and acceptable safety profile demonstrated in r/r Partnerships including Galapagos and Merck AML; enrollment in IDH+ patients ongoing Listed on Warsaw Stock Exchange, market cap of $285m1 • One of the largest biotech companies in the region, headquartered in Krakow, Poland • ~$21.3m cash position2 and significant non-dilutive grant funding (>$25m secured for the period 2021-2023) 3 1 As of market close on 04 January 2022. Exchange rate (NBP): $1=PLN4.0396 2 As of 31 October 2021
Team with strong track record of clinical development and shareholder value creation PAWEL PRZEWIEZLIKOWSKI, MSc, MBA KRZYSZTOF BRZOZKA, Ph.D., MBA KAMIL SITARZ, Ph.D., MBA VATNAK VAT-HO, MBA CEO and Founder CSO COO CBO PETER LITTLEWOOD, MSc TOMASZ NOCUN, MSc, MBA MATEUSZ NOWAK, Ph.D., MBA TOMASZ RZYMSKI, Ph.D., MBA MARTIN SWARBRICK, Ph.D. JUSTYNA ZOLTEK Director of DMPK Director of Research Financing Director of Early Discovery & Innovation Director of Biology Director of Chemistry Director of HR Supervisory Board Scientific Advisory Board and industry collaboration history PIOTR ROMANOWSKI, M.D. Ph.D., CHAIRMAN GREG NOWAKOWSKI, M.D. AXEL GLASMACHER, M.D. ANTHONY TOLCHER, M.D. FRCPC COLIN GODDARD, Ph.D. JOSEPH TABERNERO, M.D. Ph.D. JARL ULF JUNGNELIUS, M.D. MICHAEL SAVONA, M.D. RAFAL CHWAST, MSc CEZARY SZCZYLIK, M.D. Ph.D. THOMAS TURALSKI JORGE CORTES, M.D. TADEUSZ WESOLOWSKI, Ph.D PRZEMYSLAW JUSZCZYNSKI, M.D., Ph.D 4
Ryvu evolution 2007 2019 2020 - 2021 SEL24 RVU120 Selvita, a hybrid model Corporate spin-out of • Successfully completed Phase • Preliminary positive Phase I biotech company, with joint Selvita (CRO) from Ryvu I in AML clinical & preclinical data CRO and innovative drug Therapeutics completed • IDHm AML cohort expansion presented at EHA2021 and discovery operations >$250m incremental ongoing ASH2021 value created for Ryvu • Positive Phase II clinical • First patient dosed in Phase I/II shareholders data presented at EHA2021 solid tumor study and ASH2021 6
RVU120: Highly selective first-in-class CDK8/CDK19 inhibitor with potential in hematological malignancies and solid tumors RVU120 is a potent and selective CDK8/CDK19 inhibitor • CDK8 is a kinase subunit of the Mediator Unique MOA complex involved in regulation of Pol II mediated transcription, super enhancers (SE), and cellular differentiation processes Low nM activity on CDK8/CDK19 • Distinct from other CDK family members, and excellent kinase selectivity (broad kinome) does not interfere with cell cycle progression (unlike CDK1, CDK2, CDK4/6 inhibitors) • Lack of binding to off-targets potentially associated Targeted/Safer with toxicity of pre-clinical EMD Serono CDK8/19 inhibitors (such as JNK1 or GSK3b)1 • Higher selectivity based on comparison of gene expression effects2 • Developed internally at Ryvu Wholly Owned RVU120 • Composition of matter patents issued Orphan drug designation in AML Therapy Acceleration Program (TAP) grant support in 2020 Total funding: $3.25m 8 1Chenet al. 2019 2Rzymski et al. 2017
RVU120: Potential across a broad range of tumors BLOOD CANCERS & DISORDERS SOLID TUMORS • AML • MDS • Breast • HCC • JAK2 mut AML/MPN • ALL, NHL • Colorectal • Neuroendocrine • Diamond-Blackfan Anemia (DBA) • Rhabdomyosarcoma • Other RVU120 induces complete regression RVU120 shows strong anticancer activity and bone marrow recovery in AML PDX models in TNBC xenografts in vivo after oral administration In CD34+ AML patient-derived xenografts: Activity of RVU120 has been tested in a subcutaneous xenograft of TNBC cell line Complete regression Hematologic recovery MDA-MB468. Oral administration of RVU120 at 60mg/kg dose QD resulted in TGI (peripheral blood) (bone marrow) -81%. Overall tolerability was superior vs cisplatin reference. PERIPHERAL BLOOD M D A - M B - 4 6 8 t u m o r v o lu m e k in e t ic s 30 B o d y w e ig h t k in e t ic s 350 COLORECTAL CANCER MODEL C o n tr o l R V U 1 2 0 , 6 0 m g /k g , Q D , P O C is p la tin , 8 m g /k g , E 2 W , IP 25 300 T u m o r v o lu m e ( m m 3 ) B o d y w e ig h t ( g ) 250 20 200 15 150 10 100 C o n tr o l 5 R V U 1 2 0 6 0 m g /k g , Q D , P O C is p la tin 8 m g /k g , E 2 W , IP 50 0 1 3 5 7 9 11 13 15 17 19 21 23 25 1 3 5 7 9 11 13 15 17 19 21 23 25 Days Days d is c . d is c . d is c . d is c . 9
Unmet needs in acute myeloid leukemia may be addressed with RVU120 and SEL24 Most common, highly aggressive type of acute leukemia in adults with poor outcomes in most patients1 ~$1,300m ~20,000 new cases diagnosed and >11,000 deaths in the US in 20182 AML Market5 ~$600m 2020 2025 $8.0 billion ~$500m AML makes up 1% of all cancers $1.2 billion and 34% of all adult leukemia cases2,3 46% ~$400m CAGR ~$300m Occurs in a predominantly elderly, frail patient population; 75% of patients diagnosed with AML were aged >60 years4 ~$300m RYVU CLINICAL PROGRAMS DESIGNED Lowest survival among all blood cancers; TO FULFILL UNMET NEEDS IN AML only 26% of patients survive 5 years after diagnosis OVERCOMING RESISTANCE TO SINGLE-TARGET MUTATION- SPECIFIC INHIBITORS 30% AML patients with an ITD mutation in the FLT3 gene have a less favorable prognosis; 70% of patients are EFFICACY IN BROADER PATIENT POPULATIONS refractory to current inhibitors targeting FLT3 mutation REDUCING CHEMOTHERAPY-BASED TREATMENT REGIMENS 1 Mayo Clinic 2 Cancer.net FULLY ORAL REGIMEN 3 Leukemia & Lymphoma society 4 Walter, R; Leukemia 2015 5 Evaluate Pharma 10
RVU120 Phase I AML/MDS study design STUDY POPULATION: PRIMARY OBJECTIVE: SECONDARY OBJECTIVES: EXPLORATORY OBJECTIVE: 1 • Patients with relapsed 2 3 4 • Assess safety and tolerability • Evaluate pharmacokinetics • Exploratory biomarkers /refractory AML or high risk MDS • Determine the recommended dose • Evaluate preliminary anti-leukemic • No upfront patient stratification activity 5 SITES IN US H2 2019-2021 Q1-Q2 2022 PART 1: ESTABLISHING RECOMMENDED PHASE 2 DOSE (RP2D) EVALUATION PART 2: SAFETY EXPANSION EXPANSION FROM SINGLE PATIENT SAFETY, COHORTS TO A 3+3 DESIGN EFFICACY, DLTs evaluated at completion of cycle 1 in each PK, PD cohort 6 PATIENTS 2 SITES IN POLAND COHORT 1 COHORT 2 ORAL DOSE RP2D SAFETY MTD EXPANSION COHORT 3 Three week cycle: Single dose every other day for a total of UP to 8 7 doses/cycle followed by one week off COHORTS 11
Initial RVU120 Phase I data show acceptable safety and PK characteristics As of data cutoff of November 16, 2021 for ASH 2021: • 10 patients (8 AML and 2 HR-MDS), median age 69.5 years, were enrolled. All patients presented adverse biological characteristics of disease and were failing after median 3 previous lines of therapy. • 6 patients completed all safety evaluations for cycle 1 – no DLTs were reported. A total of 12 SAEs have been reported – no SAEs deemed related to study drug. • PK analysis performed using plasma samples collected at C1D1 and C1D13; PK data suggest exposure is linear up to the 75 mg dose level; above 75mg, non-linear PK can be explained by autoinhibition of the major RVU120 metabolizing enzyme (CYP1A2) SAFETY ∫ pt103001 escalated from 50 mg to 75 mg dose of study drug after cycle 7. *all the three events occurred after study drug termination for progression.** initially reported as possibly related, were then updated as unrelated, based on radiological evidence of Pancreatitis and Grade 2 Pleural Effusion prior to study drug administration. 12 Source: C. Abboud et al, ASH 2021.
RVU120 Phase I data show early signs of efficacy in AML and HR-MDS ASH 2021: Data cutoff 16 November 2021 Clincially relevant responses were seen in patients in receiving the 75mg dose: ✓ Erythroid Response in Cohort 3 patient (50mg, escalated to 75mg): HR-MDS, demonstrated an erythroid response – patient continues on treatment for more than 15 months ✓ Complete Remission in Cohort 4 patient (75mg): R/R AML, bone marrow response in C2 improved to Complete Remission (CR) in C7 13
Case Focus: AML patient achieved Complete Remission despite poor prognostics, including DNMT3A/NPM1 mutations • AML with mutations in FLT3, DNMT3A, NPM1; failed 3 prior lines of therapy, including 2 FLT3 inhibitors and venetoclax + decitabine – COHORT 4 known to be associated with poor prognosis (median OS 2.4 months1) AML • Received 75mg dose of RVU120 PATIENT: • Showed fast clearance of bone marrow blasts at C1D17, and recovery in platelets and absolute neutrophil count (ANC) from C2; skin leukemia gradually improved under RVU120 treatment up to complete resolution in C7, achieving a Complete Remission (CR) EFFICACY IN DNMT3A/NPM1 MUTATED AML COMPLETE REMISSION • Efficacy of RVU120 in an DNMT3A/NPM1 mutant patient was associated • RVU120 shows on-target efficacy in ~50% of tested PDCs, which is associated with monocytic differentiation, pharmacodynamic effect observed in with recurrent mutations of DNMT3A and/or NPM1, constituting together ~30% preclinical profiling of PDCs of all AML patients RVU120 SENSITIVITY AML PDC PANEL (0.2µM) 14 1.Haematologica. 2021 Mar 1; 106(3): 894–898 Source: Angelosanto et al, EHA 2021, Poster EP480.
Case Focus: HR-MDS patient achieved Erythroid Response, remaining on treatment with RVU120 for more than 15 months Anemia may occur due to ineffective Translational Data Correlate with Patient’s Erythroid Response Anemia in Chronic erythropoiesis, and is a hallmark of Hematological several diseases such as Diseases myelodysplastic syndrome and Diamond-Blackfan anemia • Failed 3 prior lines of therapy, including previous HMA, associated with median OS of 4.5 months2; received 50mg dose of RVU120 and escalated to 75mg from C7 SD RVU120 induces erythroid • Achieved an erythroid response (ER) according to Cheson Criteria1 from C5 to C7 RVU120 Induces differentiation in (Lin-) CD34+, that and again an erythroid improvement from C10 up to C12 and erythroid response Erythroid acquired genetic abnormalities characteristic for MDS/AML and from C18 to C20 Differentiation DBA PD remains on treatment after more • Patient was first dosed on August 26, 2020 and than 15 months3 with SD Rzymski et al, EHA 2021, S164, Oral Session 15 Source: Angelosanto et al, EHA 2021, Poster EP480. 1.Cheson, et al. 2006. Myelodysplasia.” Blood. https://doi.org/10.1182/blood-2005-10-414; 2.Nazha et al. Blood Cancer Journal (2017) 7:644. 3. Duration of therapy of greater than 15 months as of data cutoff of 16 November 2021
RVU120: Solid tumor development First patient dosed in August 2021. Enrollment ongoing; preliminary results in 2022 H2 2021 2022 PART 2: EFFICACY & SAFETY EXPANSION SIMON PART 1: ESTABLISHING RECOMMENDED DOSE EVALUATION 2-STAGE A 3+3 STUDY DESIGN STAGE 1 STAGE 2 18 PATIENTS 14 PATIENTS UP TO 20 DLTs evaluated at completion of cycle 1 in each cohort PATIENTS ADULTS R/R + 10 COHORT 1 mTNBC PATIENTS R/R SOLID TUMORS PFS at 9 months SINGLE ORAL DOSE EOD COHORT 2 RP2D NO MORE THAN COHORT 3 7 DOSES/CYCLE determined Overall survival 3 PRIOR THERAPIES 3 WEEK CYCLE UP TO 3 follow-up: FOR ENTRY DISEASE REMAINING OTHER + 10 2 years COHORTS SOLID PATIENTS SAFETY, TUMORS EFFICACY, PK, PD Go/no-go decision to enroll next 10 patients based on RECIST ORR after cycle 3 16
SEL24 (MEN1703) is a differentiated, first-in-class PIM/FLT3 dual kinase inhibitor PIM and FLT3 Initial Ph I/II Study Results (ASH 2020, EHA 2021) 1 are oncogenes involved in AML • As of January 21, 2021 (cut-off date), n=48 pts were Dual targeting creates potential for broader activity, treated across the dose escalation (DE, n=25) and 2 more durable responses than selective FLT3 inhibitors Phase II cohort expansion (CE, n=23). such as gilteritinib Initial Single • Across DE and CE, 4 CR/CRi occurred, three of which Agent Efficacy Potential for treating patients that have relapsed on selective in pts with IDH mutations. 3 FLT3 inhibitors – PIM kinases are largely responsible in IDHm AML • A total of 3 out of 5 pts with IDH mutations treated for the development of resistance to FLT3 inhibitors at doses ≥75 mg achieved CR/CRi, including a CR in a patient with IDH2 mutant AML relapsed on enasidenib. VALUE THROUGH GLOBAL DEAL WITH • Partnered globally with Menarini in 2017 ➢ Follow-up Ph II study in patients with IDHm AML TOP 40 global pharma company, based in Italy initiated in July 2021 • Menarini is fully responsible for clinical development and funds translational research at Ryvu ➢ Orphan Drug Designation (ODD) by US FDA received in • Ryvu eligible to receive >$100M in milestones and double-digit royalties Oct 2021 17
SEL24 (MEN1703) Phase II data confirm manageable safety profile RESULTS FROM DIAMOND-01 (CLI24-001) TRIAL: FIRST IN HUMAN STUDY OF SEL24/MEN1703, A DUAL PIM/FLT3 KINASE INHIBITOR, IN PATIENTS WITH ACUTE MYELOID LEUKEMIA SCOTT SOLOMON,1 PAU MONTESINOS,2 AZIZ NAZHA,3 STEPHEN STRICKLAND,4 GIOVANNI MARTINELLI,5 ARMANDO SANTORO,6 ROLAND WALTER,7 RACHEL COOK,8 MARIA CALBACHO,9 SUSANA VIVES,10 SALMAN FAZAL,11 KRZYSZTOF BRZÓZKA,12 SETAREH SHAMSILI,12 SIMONE BALDINI,13 DIRK LAURENT,13 ANDREA PELLACANI,13 FARHAD RAVANDI,14 DEMOGRAPHICS AND BASELINE RESULTS PATIENT CHARACTERISTICS All 125 mg • 48 patients were treated: in DE (n = 25) and in CE (n = 23) part (n=48) (n=30) • Data cut-off date: April 19, 2021 Age (years) Median (range) 69 (25-84) 69.5 (38-83) Reason for inclusion, n (%) Newly diagnosed AML 3 (6.3%) 2 (6.7%) Primary refractory AML 16 (33.3%) 7 (23.3%) SAFETY Relapsed AML 29 (60.4%) 21 (70.0%) AML status, n (%) De novo AML 27 (56.3%) 16 (53.3%) • At RD, SEL24/MEN1703 showed a manageable safety profile with most Non De novo AML 21 (43.7%) 14 (46.7%) Cytogenetics, n (%) Grade ≥3 treatment-emergent AEs (TEAEs) being hematologic or infectious Favorable 7 (14.6%) 3 (10.0%) Intermediate 6 (12.5%) 4 (13.3%) Grade ≥3 TEAEs (incidence >10%) at RD (125 mg, N=30) Unfavorable 22 (45.8%) 15 (50.0%) Preferred Term (PT) Incidence Unknown 11 (22.9%) 8 (26.7%) Febrile neutropenia 9/(30.0%) Most frequent mutations, n (%) Pneumonia 9/(30.0%) FLT3/ITD 12 (25.0%) 8 (26.7%) Leukocytosis 6/(20.0%) FLT3/TKD 1 (2.1%) 1 (3.3%) Sepsis 4/(13.3%) DNMT3A 7 (14.6%) 3 (10.0%) Lymphocyte count decreased 4/(13.3%) IDH1 6 (12.5%) 2 (6.7%) Neutrophil count decreased 4/(13.3%) IDH2 2 (4.2%) 0 (0.0%) Platelet count decreased 4/(13.3%) NPM1 7 (14.6%) 5 (16.7%) 18 1 Northside Hospital Cancer Institute, Atlanta, GA, USA | 2 Hospital Universitari i Politècnic La Fe, Valencia, Spain | 3 Cleveland Clinic, Cleveland, OH, United States | 4 Vanderbilt University Medical Center, Nashville, TN, United States | 5 Istituto Scientifico Romagnolo per lo Studio e la Cura dei Tumori “Dino Amadori” IRST IRCCS, Meldola, Italy, | 6 Humanitas University Humanitas Clinical and Research Milan, Center IRCCS Italy | 7 Fred Hutchinson Cancer Research Center, Seattle, WA, United States | 8 Oregon Health and Science University, Portland, OR, United States | 9 Hospital 12 de Octubre, Madrid, Spain | 10 ICO-Hospital Germans Trias i Pujol, Badalona, Spain | 11 Allegheny Health Network, Pittsburgh, PA, United States | 12 Ryvu Therapeutics, Krakow, Poland | 13 Menarini Group, Florence, Italy | 14 MD Anderson Cancer Center, Houston, TX, United States
SEL24 (MEN1703) showed single agent efficacy in R/R AML patients, in particular in IDH+ population EFFICACY • Objective responses have been reported in 4 out of 48 patients (8%) across DE and CE phases, with 3 out of 4 responders harboring IDH mutations • Median number of cycles in responding patients was 7 (Range 7-8) • 3 out of 5 patients with IDH mutations treated at doses 75-125 mg achieved CR/CRi, including a CR in a patient relapsed on enasidenib • 1 patient with IDH1 mutation achieved CRi and underwent allogeneic-HSCT Characteristics of Responding patients and of their treatment Dose Response Patient ID Age AML Status Reason for inclusion Cytogenetics Mutations No of cycles Level by cycle # 004-012 81 75 mg de novo AML Relapsed AML Intermediate DNMT3, IDH2 8 5 ASXL1, CUX1, DDX41 004-022 75 125 mg AML post MDS Relapsed AML Unfavourable (C.3G>A, R525H), EZH2, PRPF8 7 6 401-031 63 125 mg AML post MDS Relapsed AML Unfavourable IDH1 7 3 401-034 55 125 mg de novo AML Relapsed AML Unfavourable IDH1 7 3 • SEL24 (MEN1703) as single agent showed preliminary efficacy in R/R AML, particularly clustering in patients with IDH mutant disease • FOLLOW-UP PHASE II STUDY IN PATIENTS WITH IDH MUTATION STARTED IN JULY 2021 • BROADER CLINICAL DEVELOPMENT PLAN in AML AND OTHER INDICATIONS AGREED WITH MENARINI 19
RVU120 and SEL24 Clinical and Translational Updates at ASH and SABCS 2021 RVU120 Clinical PH I AML/MDS CLINICAL • ASH 2021: CLI120-001 Phase Ib Study of RVU120(SEL120) in Patients with AML and High Risk MDS: Updated Safety/Efficacy Results from Initial Dose Escalation (Publication Number: Update STUDY UPDATE 3418), Camille Abboud Sr., MD (Washington University in Saint Louis/ Washington University School of Medicine) et al. • ASH 2021: Preclinical and Clinical Signs of Efficacy of RVU120 (SEL120), a Specific CDK8/19 DNMT3A-MUTATED AML Inhibitor in DNMT3A-Mutated AML (Publication Number: 2371), Tomasz Rzymski, PhD (Ryvu Therapeutics) et al. MDS AND ERYTHROID • ASH 2021: RVU120 (SEL120) CDK8/19 Inhibitor - a Drug Candidate for the Treatment of MDS Can Induce Erythroid Differentiation (Publication Number: 1518), Tomasz Rzymski, PhD DIFFERENTIATION (Ryvu Therapeutics) et al. RVU120 Translational Data • ASH 2021: Inhibition of Cyclin Dependent Kinase 8 (CDK8): A Novel Approach to Target the T-ALL AND LICS Leukemia Initiating Cells (LICs) in T-Cell Acute Lymphoblastic Leukaemia (T-ALL) (Publication Number: 2250), Sujan Piya, PhD (MD Anderson Cancer Center) et al. HORMONE-INDEPENDENT • SABCS 2021: Selective CDK8/CDK19 inhibitor RVU120 demonstrates efficacy against hormone- independent breast cancer cells in vitro and in vivo (#1766), Tomasz Rzymski, PhD BREAST CANCER (Ryvu Therapeutics) et al. • SEL24(MEN1703) Inhibits PIM/FLT3 Downstream Target in Acute Myeloid Leukemia (AML) SEL24 Patients: Results of the Pharmacodynamics (PD) Assay and Genomic Profiling in the First-in- R/R AML, IDH MUTATION Clinical Update Human Diamond-01 Trial (Publication Number: 3436), Alessandro Paoli (Menarini Group) et al. 20
Small Molecule Platform with Focus on Synthetic Lethality 21
Integrated Ryvu Discovery Engine TARGET IDENTIFICATION DRUG DISCOVERY RESEARCH PIPELINE AND VALIDATION ✓ MultiDEP: proprietary bioinformatic ✓ Broad portfolio of synthetic lethal and engine ✓ Integrated, multidisciplinary processes: immuno-oncology targets at various stages of rapid lead identification/optimization with the cycle – clinical candidate selection to • Discovery of novel synthetic lethal deep translational biology support target validation and hit finding target pairs • Enables multicomponent and multigene ✓ Platform has delivered 2 projects in clinical analysis to provide comprehensive, development; multiple projects in large-scale analysis, unprecedented discovery/research Synthetic • WRN, PRMT5, among competitors ✓ Team of ~150 scientists (with ~80 PhDs) with Lethality Novel SL targets international expertise in drug discovery and track record in delivering new clinical candidates Immuno- • HPK1, STING Oncology 22
Ryvu strategically utilizes synthetic lethality phenomenon to access new treatment modalities ~40K PROTEINS IN HUMAN LOSS-OF-FUNCTION MUTATION IN GENE X LEADS TO GENE Y ADDICTION IN GENOME (Gencode/NCBI) CANCER CELLS ~20K PROTEIN-CODING GENES CANCER CELL CANCER CELLS GENE X GENE Y PHENOTYPE ~2K DRUGGABLE GENOME VIABLE ~60 DRUG TARGETS VIABLE ~293 CANCER DRIVER GENES (Bailey, Cell 2018) LETHAL >99% SNVs PASSENGER MUTATIONS Synthetic lethal compounds selectively kill cancer cells by targeting tumor cell- essential processes, but leave healthy cells unharmed. LACK OF RATIONAL OPTIONS PREDOMINANTLY ONCOGENES FOR CANCERS DRIVEN BY: Neomorphic activity Unclear dominant oncogenic event Hyperactivity Non-druggable oncogenes Aberrant expression Mutations in tumor suppressors/ loss of function mutations 23
Small molecule inhibitors of WRN WRN INHIBITORS PROGRAM IN RYVU WRN INHIBITORS OF ATPase ACTIVITY SELECTIVELY TARGETING TUMORS WITH MICROSATELLITE INSTABILITY Synthetic lethality of WRN with INHIBITORS KEY RATIONALE microsatellite instability (MSI-high) WRN inhibitors of ATPase activity selectively targeting tumors with microsatellite Helicase function validated MoA instability (MSI) in vitro as critical requirement First or best-in-class potential NOVELTY 1 Focus on anti-targets selectivity (RecQ) Ryvu identified several preliminary small molecule hits Tumor agnostic with MSI-high vulnerability WRN confirmed as specific vulnerability of MSI-H cell lines TOP TUMOR – first-in-class inhibitors (~10-30% of colorectal, endometrial, in several genome-wide screens INDICATIONS of WRN ATPase activity gastric, ovarian cancers) 2 Distal PD biomarker developed, BIOMARKERS Distal biomarker developed battery of in vitro assays being developed 3 DEVELOPABILITY Target druggable with small molecules Discovery engine: Multiple hits identified from HTS Rational med.-chem hit-to-lead expansion STATUS Hit ID and Hit to lead generation ongoing Chan 2019 24
MTAPdel cancers – PRMT5 MTA-cooperative inhibitors PRMT5 SL INHIBITORS PROGRAM IN RYVU RYVU HAS SL PRMT5 INHIBITORS WITH BEST-IN-CLASS POTENTIAL RYVU compound exhibits synthetic lethal phenotype: 1 KEY PRMT5 MTA-cooperative inhibitors exert Patentable chemical series, confirmed differential PD biomarker inhibition in isogenic pair in HCT116 (3D) RATIONALE synthetic lethal phenotype in MTAP deleted biomarker inhibition cells 2 MTA-cooperative inhibitors EC50 (MTAP KO) = 7 nM MoA Immediate program kick-off: full in vitro pharmacology cascade in place, PRMT5 crystallography and in vivo pharmacology up and running NOVELTY Best-in-class potential (vs Mirati, Tango) 3 MTAP deletions, up to 15% of all cancers, one of Fast progress possible due to fully TOP TUMOR the largest genetically defined population: developed cascade and chemical INDICATIONS pancreatic, lung, DLBCL, bladder, oesophageal properties of hit series. (by %: mesothelioma, GBM) DATA FROM COMPETITORS BIOMARKERS MTAP and p16 status SAM (plasma), SDMA (tissue) levels DEVELOPABILITY Target druggable with small molecules Ryvu SL PRMT5 inhibitors identified VALUE 2021: Hit-to-lead INFLECTION 2022: Lead, in vivo PoC POINTS 2023: Preclinical candidate AACR 2021 SEC 2021 25
Ryvu has selective, potent HPK1 inhibitors with anti-tumor efficacy in mice RYVU INHIBITORS BLOCK HPK1 KINASE ACTIVITY AND Ser376 PHOPHORYLATION OF SLP-76 ADAPTOR PROTEIN IN NANOMOLAR RYVU APPROACH CONCENTRATION RANGES LEAD OPTIMIZATION STATUS ▪ 2022: preclinical candidate ▪ 2023: IND RVU-578 RVU-834 BMS BeiGene UHN IC50 human HPK1 [nM]* 0.45 0.58 165 65.2 55.9 ▪ Small molecule, selective, orally bioavailable APPROACH IC50 mouse HPK1 [nM] ** 0.47 0.35 20.4 1.34 3.69 inhibitors of HPK1 kinase activity IC50 Jurkat E6.1 pSLP76 [nM] 28.8 69.5 334 150 313 IC50 human PBMC pSLP76 [nM] 24.5 39.6 202.4 - 67.9 ▪ High selectivity against kinases from TCR pathway IC50 murine Splenocytes pSLP76 [nM] 26.3 70.1 207 75.7 77.7 DIFFERENTIATION ▪ Immunostimulatory activity in immunosuppressed, resistant hPBMC and T cells across species * At 800µM ATP, ** AT Km ATP ▪ RYVU HPK1 inhibitors are ATP-competitive, direct binders of human ▪ RYVU HPK1 inhibitors overcome ▪ Enhanced OT-1 cells specific ▪ Target engagement in vivo in mice HPK1 protein occupying active site of both monomers (X-ray crystal PGE2-mediated immunosuppression killing of MC38.OVA in the treated with anti-CD3 antibody structure) in human PBMCs presence od RVU-578 % inh. pSLP-76 in splenic T cells RVU-578 OT-1 T cells specific killing of MC38.OVA colon carcinoma [%ctrl] -40 [%] inh. pSer376 SLP-76 50 50 [%ctrl] 0% RVU-578 RVU-578 %inh. pSer376 SLP-76 -20 RVU-28578-02 IL-2 PBMC +PGE2 40 killing 40 0 4000 4000 IL-2 conc. [pg/mL] specifickilling 33% 40% EC50 = 9.91 nM -PGE2 IL-2 conc. [pg/mL] 20 30 -PGE2 3000 3000 30 40 cell specific 60 78% 2000 2000 20 20 80 100% 104% 104% 1000 10 10 T cell 1000 100 T 120 stim 00 00 20 67 22 4 25 2 7 91 im SO 0 0 3 SO 07 08 02 30 10 03 0, 8 8 8 F EF st pe e ,0 ,0 00 00 M M 7 7 7 ,0 l 00 00 0, 0, 0, RE 0 0 0, ic 00 D D -5 -5 -5 y 0 0, 0, R 5% 5% 0, h ot VU VU VU pk pk Ve 0. 0. is RVU-578 [uM] R R R m m 75 25 pk pk pk RVU-578 [µM] +PGE2 -PGE2 m m m Concentration [µM] aCD3 10 30 75 aCD3 +PGE2 -PGE2 26
Small molecule, direct, systemic STING agonists with strong anti-tumor efficacy RYVU APPROACH STATUS PRECLINICAL CANDIDATE ▪ Small molecule, systemic, direct STING APPROACH agonists amenable to ADC technology ▪ Superior in vitro activity and anti-tumor efficacy DIFFERENTIATION ▪ Suitable either for systemic or targeted delivery IP RIGHTS STATUS ▪ Several patent applications covering broad chemical estate filed, initial FTO confirmed KEY DIFFERENTIATION Small molecule, direct, systemic STING agonists with multiple routes of administration (IV, SC, IT) allowing two tracks of development: standalone systemic treatment Vehicle control R V U -2 7 0 6 5 , 1 5 m g /k g , E 5 D * 4 , iv using targeted delivery as payload for antibodies 3000 3000 2500 T u m o r v o lu m e ( m m 3 ) (antibody-drug conjugates ADC approach) 2500 Tumor volume (mm3) RVU-27065 Vehicle 2000 2000 1500 1500 15 mg/kg Systemic efficacy in mouse models on par with GSK reference (IV) and outperforming 1000 1000 CR 7/10 Aduro/Novartis agonist (IT) accompanied with favorable safety profile 500 500 0 0 0 5 10 15 20 25 30 35 40 45 50 55 60 0 10 20 30 40 50 60 70 80 90 Active across multiple STING haplotypes to target broad patient population Day post randomization D a y p o s t r a n d o m iz a tio n Well protected IP and confirmed initial FTO space 27
Corporate Progress 28
Financial results & employment Q1-Q3 Q1-Q3 $ million 2020 2021 # of employees Revenues, incl.: 7.6 5.1 Cash position October 31, 2021 Partnering 3.8 0.1 $21.3M Grants 3.7 4.8 Costs* 13.8 17.4 Available grant funding EBIT* -6.1 -12.2 >$25M > 170 employees EBITDA* -4.1 -9.8 Financing secured until CAPEX -7.9 -3.5 * excluding the impact of the non-dilutive, cash-neutral Employee Incentive Scheme (of $3.9m) Q1 2023 > 80 PhDs 29
Broad pipeline addressing emerging targets in oncology Ryvu drives value creation from its multiple data readouts Anticipated Milestones Program/ Partners / 2021 2022+ target name Indication Discovery and preclinical Phase I Phase II Collaborators SEL24 • Ph. II (MEN1703) AML • Ph. II complete interim data PIM / FLT3 AML / • Initial Ph. Ib data • Ph. II initiation RVU120 MDS CDK8 • Ph. I Interim data Solid tumors • Ph. I Initiation • Ph. II initiation • Lead optimization MTAP Solid tumors • Hit-to-lead • Non-GLP tox • Lead optimization WRN Solid tumors • Hit-to-lead • Non-GLP tox • Lead HPK1 Solid tumors • Non-GLP tox optimization • Candidate STING Solid tumors • Ph. I initiation nomination 2021 2022+ 2 Clinical stage assets 3+ Clinical stage assets 2 Human PoCs 3+ Human PoCs 7+ Early pipeline programs 10+ Early pipeline programs 30
Ryvu investment highlights Developing small molecule therapies which address high value emerging targets and pathways in oncology Near term milestones RVU120 Diverse pipeline targeting kinases, synthetic lethality and immuno-oncology Additional Phase I data in AML at ASH2021 Initial solid tumor data in H1 2022 First-in-class selective CDK8 inhibitor (RVU120) with potential across multiple indications SEL24(MEN1703) Validation from strategic collaborations including Phase II – new data at ASH2021 partnership with Menarini on SEL24(MEN1703) NEAR TERM MILESTONES: New programs expected to enter Extensive early stage pipeline delivering near term clinical candidates the clinic in 2022+ Robust internal drug discovery engine and partnership options Additional near-term PC and late for early-stage candidates discovery targets Limited cash burn thanks to non-dilutive grants and cost-efficient discovery Partnering deals in the early pipeline platform, significant resources located in Poland 31
Appendix 32
Excellent on-target activity of RVU120 in pSTAT positive AML cell models RVU120 is a potent and selective CDK8/CDK19 inhibitor pSTAT1/pSTAT5 levels discriminate responder/ non-responder p-STAT5 Ser726 Low nM activity on CDK8/CDK19 and excellent kinase selectivity (broad kinome) RESPONDERS NON-RESPONDERS (WESTERN BLOT, PROTEIN QUANTIFICATION) p-STAT1 Ser727 RELATIVE INTENSITY • Spares CDK2, CDK4, CDK6, CDK7, CDK9, etc. • Type I, ATP-competitive mechanism of binding and inhibition RESPONDERS NON-RESPONDERS of CDK8/19 activity • Lack of binding to off-targets potentially associated with toxicity of pre-clinical EMD Serono CDK8/19 inhibitors (such as JNK1 or GSK3b)1 • Higher selectivity based on comparison of gene expression effects2 • Composition of matter patents granted in 2017 1Chen et al. 2019 2Rzymski et al. 2017 33
RVU120 induces complete regression and bone marrow recovery in AML In CD34+ AML patient-derived xenografts PDX cells NSG mice Vehicle / RVU120 Dose: 45mg/kg Leukemia burden analysis 17 days latency Daily treatment 29/30 days P20: CD34+ NPM1wt COMPLETE REGRESSION HEMATOLOGIC RECOVERY REDUCED (PERIPHERAL BLOOD) (BONE MARROW) SPLENOMEGALY TUMOR GROWTH KINETICS BONE MARROW SPLEEN PERIPHERAL BLOOD SPLEEN WEIGHT [mg] %mCD45+ %hCD45+ RVU 120 CONTROL RVU120 CONTROL RVU120 DAYS Research performed at: 34
RVU120 strongly synergizes with venetoclax RVU120 potentially addresses treatment resistant disease through safe, indirect MCL-1 downregulation in cancer cells MV-4-11 cells IV NSG mice RVU120+Venetoclax Daily, PO, 21 days Leukemia burden analysis HEMATOLOGIC RECOVERY COMPLETE REGRESSION (BONE MARROW) Compelling potential for RVU120 in combination with Venetoclax 35
Contact data Ryvu Therapeutics S.A. www.ryvu.com ryvu@ryvu.com 36
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