OSE Immunotherapeutics SA · EURONEXT:OSE
OSE Immunotherapeutics SA — Investor Presentation (August 2024)
45 slides from OSE Immunotherapeutics SA's investor presentation, August 2024
Slide 1: Breaking Through the Therapeutic Ceiling with First-In-Class Immunotherapies
Breaking Through the Therapeutic Ceiling with First-In-Class Immunotherapies August 2024
Slide 2: Forward Looking Statement
Forward Looking Statement This presentation contains express or implied information and statements that might be deemed This presentation does not constitute an offer to sell the shares or soliciting an offer to purchase any of forward-looking information and statements in respect of OSE Immunothera
Slide 3: Delivering First-in-Class immunotherapies from Target to Clinic
Delivering First-in-Class immunotherapies from Target to Clinic Key strategic pharma partnerships driving long-term value • Founded in 2012 Phase 3 asset in Oncology • IPO/Euronext in 2015 Tedopi® most advanced cancer vaccine • 60+ FTEs NSCLC 2L post-CPI market: +$5b/year • 500+ granted patents Firs
Slide 4: Strong foundation & recurrent track record of success
Strong foundation & recurrent track record of success 10 years of validated innovation in immunology thanks to an Extra[not]Ordinary R&D engine Validated science Strong track record Recurrent revenues in high-impact publications of Pharma partnerships Robust first-in-class business model 219 M€ thro
Slide 5: Strategic partners provide industry-leading clinical support & strong financial foundations
Strategic partners provide industry-leading clinical support & strong financial foundations Immuno-Oncology Potential Over €2.1bn in potential milestones; €219m* already received Immuno-Inflammation Received BI 770371 ABBV-230 FR104/VEL-101 + anti-PD1/cytokine Chronic Kidney Solid tumors & Metabolic
Slide 6: Clinical pipeline
Clinical pipeline Combining a clinical portfolio of first-in-class immunotherapies and diversified assets in IO and I&I IND- Product candidate Target Indication Research Phase Ia/Ib Phase II Phase III enabling NSCLC Mono post-ICI 3L NSCLC Mono post-ICI 2L Pivotal Phase 3 (US + EU) Neoepitope Proprie
Slide 7: Research platforms
Research platforms Extra[not]Ordinary Research PowerHouse Pro-resolutive Cis-Targeted Myeloid mAb Augmented Cytokine Checkpoint Undisclosed new Cis-Demasking Anti-CLEC-1 pro-resolutive GPCRs technologies mAbs Partnered Asset : Partnered Asset : Anti-PD1/cytokine** Partnered Asset : Anti-ChemR23* Ant
Slide 8: Key potential catalysts
Key potential catalysts Readouts • Tedopi® Phase 3 results in NSCLC 2L • BI 770371 (partnered) Phase 1b + Phase 2 results • FR104/VEL-101 (partnered) Phase 2 results in Kidney Readouts Progress Transplantation • Lusvertikimab • Tedopi® • ABBV-230 (partnered) First positive Phase 2 results in UC Phas
Slide 9: Investment highlights
Investment highlights Promising clinical data from the Phase 3 oncology asset Tedopi® Late-stage compelling products Positive Phase 2 IBD asset Lusvertikimab Focus on multi-billion $ markets Large market opportunities • I/O: NSCLC (2L, 3L), HCC (1L, 2L), HNSCC (2L), Leukemia • I&I: IBD (Ulcerative C
Slide 10: Our plan to build a leading immunotherapy company
Our plan to build a leading immunotherapy company Position Tedopi® as the best treatment option after ICI-failure in cancer patients Leverage the clinical advantage of anti-SIRPα in Solid Tumors & CRM Position Lusvertikimab (OSE-127) as novel First-in-Class in IBD Up to €1.1bn Up to €1.1bn in milest
Slide 11: Proprietary clinical programs
Proprietary clinical programs 11
Slide 12: TEDOPI: Most Advanced Therapeutic Cancer Vaccine
TEDOPI® Most Advanced Therapeutic Cancer Vaccine Bringing new hope to patients in the fight against ICI resistant NSCLC 12
Slide 13: Foreignness / Immunogenicity
Tedopi® Cancer antigens immunogenicity Pathogens Foreignness / Immunogenicity Engineered Lack of Central Tolerance for T cells shared T-cell neoepitopes TCR/HLA Affinity maturation Tumor neoantigens (natural T-cell neoepitopes) Shared Tumor-associated antigens Self- (TAA) antigens Tumor-specific exp
Slide 14: Personalized vs Off-the-Shelf cancer vaccines
Tedopi® Personalized vs Off-the-Shelf cancer vaccines Neoepitope cancer vaccine Neoantigen cancer vaccine = Precision Medicine = Personalized Medicine -> Off-the-Shelf -> Custom TEDOPI® “Ready-to-Use” emulsion CDx-based selection (blood sample) Cons: Tumor biopsy, Cost, Time Homogeneous HLA-A2+ popu
Slide 15: An immunotherapy activating specific T-cells to revive anti-tumor response
Tedopi® An immunotherapy activating specific T-cells to revive anti-tumor response Most advanced Cancer Vaccine in clinical development • Unique combination of neoepitopes: small peptides deriving from tumor specific antigens* expressed in various cancers • Strong binding to HLA-A2 receptor (45% pop
Slide 16: Tedopi is a novel cancer vaccine with a strong biological rational in post-ICI secondary resistance
Tedopi® Tedopi® is a novel cancer vaccine with a strong biological rational in post-ICI secondary resistance Shifting paradigms with cancer vaccine immunotherapy Primary (intrinsic) resistance No T-cell Patients who do not respond to ICIs refractory with a rapid disease progression tumors → Immune r
Slide 17: Clinically meaningful benefit of Tedopi
Tedopi® Clinically meaningful benefit of Tedopi® First randomized Phase 3 with positive results vs. standard of care (SOC) OS rate at 12 months Overall Survival 44% Significantly safer than Chemo. secondary resistance post anti-PD(L)1 in Tedopi® vs. 11% vs 35% grade 3-5 AEs 27.5% in SoC Tedopi Delta
Slide 18: Position Tedopi as the best treatment option after ICI-failure
Tedopi® Position Tedopi® as the best treatment option after ICI-failure in cancer patients Confirmed Increased Agencies Awaited and MoA in Identification Survival granted innovative patients of population Compassionate mechanism of (T-cell with Decreased Access action post-IO response significant To
Slide 19: Target population estimated at 100k patients/year in NSCLC post-ICI
Tedopi® Target population estimated at 100k patients/year in NSCLC post-ICI (2nd line) PD-(L)1 NSCLC market is growing (US$bn)1 Expending the potential in 2L post-ICI in G7 years • Lung cancer is the leading cause of cancer mortality worldwide, accounting for about 1.8m deaths each year.2 • NSCLC is
Slide 20: Tedopi delivers important clinical benefits vs competition
Tedopi® Tedopi® delivers important clinical benefits vs competition Better Safety profile and QoL in current landscape of late-stage drug development post CT-IO Company Checkpoint Inhibitors ADCs Target Multi-epitopes vaccine TKIs (anti-angiogenic) TIM-3 CTLA-4 TROP2 TROP2 CEACAM5 c-MET Current Stud
Slide 21: Further additional potential clinical value in combination NSCLC, PDAC and OC
Tedopi® Further additional potential clinical value in combination NSCLC, PDAC and OC Phase 2 ISS trials in combination with immunotherapy or chemotherapy treatments 2nd line post 1st line chemo IO Maintenance setting post standard of care CombiTED - NSCLC TEDOVA - Ovarian Cancer TEDOPaM - Pancreati
Slide 22: OSE-279: Proprietary anti-PD1 mAb
OSE-279 OSE-279: Proprietary anti-PD1 mAb High affinity PD-1 antibody, recent patent granted in US, Europe, China, Japan Clinical Responses in registered anti-PD1 early Phase 1 studies OSE-279 P1 ❖ Potential of combo with 40% All subjects 10mg/kg or >500mg 36% internal asset 35% 33% 30% Subjects (%)
Slide 23: Lusvertikimab: Most advanced anti-IL-7R mAb
Lusvertikimab Most advanced anti-IL-7R mAb Strong biological rational in refractory IBD patients 23
Slide 24: IL-7 fuels chronic inflammation in tissues
Lusvertikimab 24 IL-7 fuels chronic inflammation in tissues Lusvertikimab controls pathogenic memory T-cell persistence
Slide 25: Lusvertikimab/OSE-127 - Differentiated MoA as full IL-7 receptor antagonist
Lusvertikimab Lusvertikimab/OSE-127 - Differentiated MoA as full IL-7 receptor antagonist Tackling the fuel of memory T-lymphocytes while sparing Tregs A differentiated and highly qualified candidate • Lusvertikimab, first non-internalizing (fully antagonist) anti-IL-7R mAb1 and most advanced IL-7R
Slide 26: Lusvertikimab most advanced First-in-Class anti-IL-7R mAb
Lusvertikimab Lusvertikimab most advanced First-in-Class anti-IL-7R mAb Differentiated by its Mechanism of Action Isotype IgG4 IgG1 IgG1 IgG1 - Non-Internalizing1 - Internalizing - Internalizing - Full Antagonist IL7R - Antago + Partial Agonist IL7R - Antago + Partial Agonist IL7R MoA - TSLP Antago
Slide 27: Lusvertikimab targets a specific site 1/2b epitope
Lusvertikimab 27 Lusvertikimab - Targets a specific “site 1/2b” Epitope Full antagonist, preventing receptor internalization & signaling Pfizer mAbs Dual Agonist/Antagonist mAb-induced GSK mAbs receptor internalization OSE-127 Full Antagonist No internalization Belarif et al. Nature Com 2018
Slide 28: Protective role of TSLP in intestinal immunity
Lusvertikimab Protective role of TSLP in intestinal immunity Lusvertikimab selectively blocks IL-7 but not TSLP axis • TSLP drives Th2 responses → Pathogenic role in allergic disease & atopic responses • TSLP drives Foxp3+ Treg induction by DCs against commensal bacteria (Spadoni et al. Mucosal Immu
Slide 29: Mucosal IL-7R pathway over-expression in IBD tissues
Lusvertikimab Mucosal IL-7R pathway over-expression in IBD tissues High IL-7R expression in anti-TNF refractory patients IL7R pathway gene expression enrichment Colon gene expression IL7R correlation with IL7R expression anti-TNF resistance Anti-TNF Responder patients Anti-TNF Refractory patients 29
Slide 30: IL-7 at the source of resistance in hyper-inflammatory IBD
Lusvertikimab IL-7 at the source of resistance in hyper-inflammatory IBD “ The ‘angry’ cell concept and resistance to anti-cytokine therapies. Recent evidence suggests the presence of highly pro-inflammatory — or ‘angry’ — cells in the intestinal mucosa in inflammatory bowel disease (IBD) that drive
Slide 31: Lusvertikimab in moderate-to-severe Ulcerative Colitis
Lusvertikimab Lusvertikimab in moderate-to-severe Ulcerative Colitis Positive Recent Futility Analysis1 Screening Induction Open Label Extension • Futility analysis conducted on 33% of the total patient enrolment (n=150) Lusvertikimab • Primary endpoint is the efficacy • 150 patients (OSE-127) asses
Slide 32: Significant opportunity in Ulcerative Colitis & Acute Lymphoblastic Leukemia
Lusvertikimab Significant opportunity in Ulcerative Colitis & Acute Lymphoblastic Leukemia targeted markets Ulcerative Colitis (UC) Acute Lymphoblastic Leukemia (ALL) • UC affects 3.3 million patients in IBD Global market projections • ALL is a rare disease with a diagnosed ALL Global market project
Slide 33: Partnered clinical programs
Partnered clinical programs 33
Slide 34: Resolution of inflammation
ABBV-230 Pr. C. Serhan, Harvard Resolution of inflammation seminal works (OSE SAB member) January 2015 3 Serhan CN: Nature Review Immunol 2013, Immunity 2014, Nature 2014, Science 2015, …
Slide 35: ABBV-230 - Resolving inflammation is an active immune process
ABBV-230 ABBV-230 - Resolving inflammation is an active immune process Restoration of homeostasis During chronic With ChemR23 inflammation agonistic mAbs Dying neutrophils send out ABBV-230 limits recruitment, inflammatory signals (e.g. survival & NETosis of NETosis) that are important in inflammato
Slide 36: ABBV-230 - Strong rationale in IBD
ABBV-230 ABBV-230 - Strong rationale in IBD High Neutrophil infiltrates in anti-TNFα refractory patients High ChemR23 expression in anti-TNFα refractory patients Ulcerative Crohn ChemR23 staining colitis disease Crohn Disease ChemR23 relative expression (log2 ) 2 *** ** *** * * 1 *** Ulcerative coli
Slide 37: SIRPα inhibition may have a synergistic antitumour effect when combined with ICIs
SIRPα program SIRPα inhibition may have a synergistic antitumour effect when combined with ICIs • Infiltrating myeloid cells promotes immune evasion, and this has generated interest in The use of SIRPα myeloid-immune targets1,2 antagonists to enhance o The CD47–SIRPα interaction transduces inhibitor
Slide 38: FR104/VEL-101 CD28 antagonist in organ Transplantation
FR104 / VEL-101 FR104/VEL-101 CD28 antagonist in organ Transplantation Selective CD28 antagonist mAb Ambitious Partnership & Development Plan in Kidney Transplantation with Veloxis CD28 antagonist (FR104) o Veloxis is a global leader in transplantation with leading product Envarsus XR (tacrolimus) r
Slide 39: FR104/VEL-101 - Transforming kidney transplant management
FR104 / VEL-101 FR104/VEL-101 - Transforming kidney transplant management Positive results of the FIRsT phase I/II clinical evaluation Kidney Transplant Market: in kidney transplantation3 A multi-billion dollar commercial opportunity • 45k+ new kidney transplant annually for an estimated 500k+ Good
Slide 40: The OSE team
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Slide 41: A Board of Directors combining international expertise
Corporate Highlights A Board of Directors combining international expertise in drug development, industry & finance & experience in listed biotech companies Didier Hoch, MD Maryvonne Hiance Nicolas Poirier, PhD Anne-Laure Autret-Cornet Chairman Vice Chairwoman Director, Chief Executive Officer Direc
Slide 42: An experienced Executive leadership team
Corporate Highlights An experienced Executive leadership team Nicolas Poirier, PhD Anne-Laure Dominique Costantini, MD Jean-Jacques Mention, PhD CEO, CSO Autret-Cornet Chief Development Chief Business Officer Chief Financial Officer & Strategy • 20 years experience in • 15+ years of Research in • 30
Slide 43: International SAB - Renowned experts in IO and I&I
Corporate Highlights International SAB - Renowned experts in IO and I&I Wolf-Hervé Fridman, MD Myriam Merad, MD, PhD Charles N. Serhan, PhD, DSc Jennifer Wargo, MD, Bernard Malissen, PhD Sophie Brouard, PhD Chairman of the SAB, Professor Director of the Precision Professor of Anaesthesia M.M.Sc Grou
Slide 44: Key financial and Shareholding structure
Key financial and Shareholding structure Key financials Shareholding structure ISIN code FR0012127173 Founders, Management, Market Euronext Paris Board and Institutional Employees Shares outstanding 21 651 101 Investors and 27% Retail 73% Market cap (May 30, 2024) €175 m €18.7 m December 31, 2023 Ca
Slide 45: Breaking through the therapeutic ceiling with first-in-class immunotherapies
Breaking through the therapeutic ceiling with first-in-class immunotherapies Immuno-Oncology & Immuno-Inflammation Head Office Paris Office 22, boulevard Bénoni Goullin 10, Place de Catalogne 44200 Nantes, France 75014 Paris, France Company Information: http://ose-immuno.com/en/
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