Silence Therapeutics PLC · NASDAQ:SLN

Silence Therapeutics — Investor Day (September 2019)

134 slides from Silence Therapeutics's investor day presentation, Sep 12, 2019

  1. Slide 1: Silence Therapeutics R&D Day

    Silence Therapeutics R&D Day September 12 2019

  2. Slide 2: Disclaimer

    Disclaimer The information contained in this presentation is being supplied and communicated to you on Safe Harbour statement: this presentation may contain forward-looking statements that reflect the a confidential basis solely for your information and may not be reproduced, further distributed to

  3. Slide 3: Welcome and Agenda

    Welcome and Agenda > Welcome and Introduction 8:00 > Coffee break 10:00 • Dr. David Horn Solomon, Chief Executive Officer > Elevated Lp(a) and > 2019 Half Year Results 8:30 Cardiovascular Disease 10:15 • Dr. Rob Quinn, Chief Financial Officer • Prof. Henry Ginsberg, Columbia University > Iron Loadin

  4. Slide 4: Leadership Presenting Today

    Leadership Presenting Today CEO Head R&D, CMO CFO David Horn Solomon Giles Campion Rob Quinn > Experienced public company > Former Chief Medical Officer > Chartered accountancy CEO, board member and and SVP R&D at Prosensa training at Deloitte before biotech investor (2009-2016), playing a major joi

  5. Slide 5: Silence Therapeutics - Summary

    Silence Therapeutics - Summary > Reproducible, proprietary gene silencing (RNAi) therapeutics platform, HQ in London Valuable rapidly generating internal pipeline and out-licensing options. Platform Platform validated through recently announced collaboration with Mallinckrodt Growing > SLN124 (β-Tha

  6. Slide 6: 2019 – Year-to-Date Accomplishments

    2019 – Year-to-Date Accomplishments R&D Highlights > SLN124 Clinical Trial Application filed in March 2019 with first patient dosed expected in H2 2019 > SLN124 granted Orphan Drug Designation in January by the European Medicines Agency for the treatment of β-Thalassemia > SLN360 entered IND-enablin

  7. Slide 7: Experienced Management Team

    Experienced Management Team Head of Manufacturing Head of HR Head of BD General Counsel Head of Technology Jorgen Wittendorff Linnea Elrington John Strafford Barbara Ruskin Marie W Lindholm > Joining in Oct 2019 > Experienced HR > Broad experience in > GC and Chief > Over 10 years in oligo professio

  8. Slide 8: Strong Board, Augmented by Recent Additions

    Strong Board, Augmented by Recent Additions Chief Executive Officer Non-Executive Chairman Non-Executive Director Dr. David Horn Solomon Iain Ross Dr. Steven Romano Non-Executive Director Non-Executive Director Non-Executive Director Alistair Gray Dave Lemus James Ede-Golightly © Silence Therapeutic

  9. Slide 9: GalNAc-siRNA for Treatment of Disease

    GalNAc-siRNA for Treatment of Disease Extracellular Intracellular Endosomal escape Recognition & binding GalNAc- siRNA Recycling ASGPR Receptors AAA (ASGPR) RNAi RISC AAA Target mRNA silencing Liver-specific and long lasting siRNA activity after internalization of GalNAc conjugate © Silence Therapeu

  10. Slide 10: Reproducibly Silencing Disease-Associated Genes Using our Proprietary Platform Technology

    Reproducibly Silencing Disease-Associated Genes Using our Proprietary Platform Technology Platform delivery technology; Target 1 Target 2 GalNAc-siRNA able to mediate highly specific gene silencing in hepatocytes N o r m a lis e d ta r g e t m R N A N o r m a lis e d ta r g e t m R N A (liver) – “Sp

  11. Slide 11: A Competitive Platform, With Continuous Fine-Tuning to Further Improve Performance

    A Competitive Platform, With Continuous Fine-Tuning to Further Improve Performance SLN360 AMG 890 1 .4 3x3mg/kg weekly doses 1 .2 L p ( a ) n o r m a liz e d 1 .0 0 .8 0 .6 C o n tro l 0 .4 3 x 3 m g /k g 0 .2 0 .0 0 7 1 4 2 0 3 0 4 0 5 0 6 0 7 0 D a y siRNA modification pattern GalNAc End compositi

  12. Slide 12: Development Pipeline

    Development Pipeline © Silence Therapeutics 2019 12

  13. Slide 13: SLN124 for the Treatment of Iron Overload Disorders

    SLN124 for the treatment of Iron Overload Disorders © Silence Therapeutics 2019

  14. Slide 14: Market Opportunity of SLN124

    Market Opportunity of SLN124 US and EU patients Standard of Care β-Thalassemia ~40,000 TDT1 ~20,000 NTDT2 MDS3 >100,000 Benefits of SLN124 Advantages v Competition SLN124 aims to: Quality of Life SoC: Transfusions + Chelators 1. Reduce organ iron levels & Safety Antisense RNA 2. Enhance erythropoies

  15. Slide 15: SLN124 Mechanism of Action: Increasing Hepcidin by Silencing its Repressor TMPRSS6

    SLN124 Mechanism of Action: Increasing Hepcidin by Silencing its Repressor TMPRSS6 HJV BMPR Macrophages BMP > TMPRSS6 (Transmembrane Protease Serine 6) is a Ferroportin negative regulator of the P BMP/SMAD signaling TMPRSS6 Fe pathway P SMAD Iron recycling > Inhibition of TMPRSS6 in hepatocytes indu

  16. Slide 16: Therapeutic Activity of SLN124 - Hereditary Hemochromatosis Model

    Therapeutic Activity of SLN124 - Disease Model of Hereditary Hemochromatosis (HFE-/- mice) Collaboration with Study design d1 wk 3 Prof. Dr. Martina Muckenthaler Heidelberg University, Germany SC, n=6-7 HFE-/- mice, 1 mg/kg or 3 mg/kg TMPRSS6 mRNA (liver) Hepcidin (serum) Iron (serum) 2 .0 800 p<0.0

  17. Slide 17: SLN124 Reduces ROS and Improves RBC Parameters in a β-Thalassemia Model

    SLN124 Reduces ROS and Improves RBC Parameters in a β-Thalassemia Disease Model Collaboration with Study design d1 wk 2 wk 5 Prof. J. Vadolas & Dr. Grigoriadis Monash Medical Centre/Melbourne, Australia SC, n=6-8 Hbbth3/+ mice, 3mg/kg Reactive oxygen species (ROS) Reticulocyte proportion Hematocrit

  18. Slide 18: SLN360 for the Treatment of Cardiovascular Disease with High Lp(a)

    SLN360 for the treatment of Cardiovascular Disease with High Lp(a) © Silence Therapeutics 2019

  19. Slide 19: SLN360 Targets Lp(a) - an Independent Risk Factor for Cardiovascular Disease

    SLN360 Targets Lp(a) - an Independent Risk Factor for Cardiovascular Disease Increased MI Risk with increased Lp(a) Lp(a) levels are genetically determined Recognized as a major untreated risk factor in cardiovascular disease Lp(a) levels are not significantly modifiable through diet or approved pha

  20. Slide 20: Serum Lp(a) reduction: Proof of Mechanism Achieved

    Proof of Mechanism Achieved Serial serum collection 1 5 0 L p (a ) d7 d14 le v e ls ± S D ) d-15 d0 d63 Serum Lp(a) reduction C o n tro l s e ru m 1 0 0 3 m g /k g Serum baseline 9 m g /k g siRNA sc N o r m a lis e d B L 3 x 3 m g /k g 5 0 Group mg/kg Days (M e a n 1 0 0 9 0 % R e d u c tio n 2 3 1

  21. Slide 21: SLN500 for the Treatment of Complement-Mediated Diseases

    SLN500 for the treatment of Complement -Mediated Diseases © Silence Therapeutics 2019

  22. Slide 22: GalNAc siRNAs for the Treatment of Complement-Mediated Diseases

    GalNAc siRNAs for the Treatment of Complement-Mediated Diseases Schematic overview - complement system Targeting the complement system offers a broad indication spectrum (such as Paroxysmal Nocturnal Hemoglobinuria, Myasthenia gravis, C3 Glomerulopathy, atypical Hemolytic Uremic Syndrome or Cold Agg

  23. Slide 23: SLN500 - Proof of Mechanism in Vivo

    SLN500 - Proof of Mechanism in Vivo d-3 d0 d4 d10 d14 Study design: > n=4 healthy mice per group, serum sampling at day -3, 4, 10 and 14, liver tissue at day 14 > siRNAs: non-optimized GalNac conjugated chemistry Serum baseline siRNA serum serum Tissue collection (liver) sc Final serum 120 Sequence

  24. Slide 24: Expected Newsflow & Company Milestones

    Expected Newsflow & Company Milestones H1 2019 H2 2019 2020 SLN124 File CTA First In Human Dosing First Interim Results SLN360 Clinical candidate nomination IND/CTA filing SLN500 Clinical candidate nomination IND-enabling studies Quark Out-License in QPI-1002 Potential release of DGF Phase 3 results

  25. Slide 25: Financial Update

    R&D Day, September 12 2019 Financial Update Dr. Rob Quinn Chief Financial Officer

  26. Slide 26: Agenda

    Agenda 1. Corporate overview 2. H1 2019 Results 3. Partnered programs 4. Outlook © Silence Therapeutics 2019 26

  27. Slide 27: Corporate Overview

    Corporate Overview > Silence Therapeutics (SLN.L) is listed on the AIM sub-market of the London Stock Exchange > The company was formed in 2005 through the reverse merger of Atugen AG with AIM-listed SR Pharma. Through the Atugen legacy we have over 18 years’ experience in siRNA and some of the foun

  28. Slide 28: H1 2019 Results

    H1 2019 Results Financial Results ($USm) H1 2019 H1 2018 FY 2018 Revenue – – – R&D costs (6.1) (6.4) (11.9) G&A costs (5.7) (5.7) (13.2) Operating loss (11.8) (12.1) (25.1) Other income 0.1 0.1 0.1 Tax 1.7 1.4 2.5 Loss after tax (10.0) (10.6) (22.5) Cash & cash equivalents1 20.1 41.9 32.3 Converted

  29. Slide 29: Collaboration with Mallinckrodt Pharmaceuticals for Complement-Mediated Diseases

    Collaboration with Mallinckrodt Pharmaceuticals for Complement-Mediated Diseases Summary of Terms > Agreement provides Mallinckrodt with exclusive worldwide license for Silence’s $20M Upfront C3 complement asset (SLN500), with Up to $10M in research milestones options to license up to two additional

  30. Slide 30: Out-Licenses: Alnylam and Quark

    Out-Licenses: Alnylam and Quark Alnylam Pharmaceuticals > Settlement and license agreement in Dec 2018 > Tiered royalty of 0.33%-1% on EU sales of ONPATTRO® through 2023. All legal proceedings resolved > First royalties expected to be received in Q4 2019 Quark Pharmaceuticals > Out-licensed oligo ch

  31. Slide 31: Outlook

    Outlook SLN124 > SLN124 Phase Ib commences soon with interim results for the Part A (Single Ascending Dose) expected in 2020 > Phase Ib trial is expected to fully readout in H2 2021 SLN360 > IND and/or CTA expected to be filed in H2 2020 > Phase I trial to start shortly thereafter and funding this p

  32. Slide 32: Iron Loading Anemias - β-Thalassemia and Myelodysplastic Syndromes

    R&D Day, September 12 2019 Iron Loading Anemias - β-Thalassemia and Myelodysplastic Syndromes Prof John Porter University College London Hospital Red Cell Disorders Unit © Silence Therapeutics 2019

  33. Slide 33: Thalassemia Etiology

    Thalassemia Etiology A group of anemias resulting from imbalanced globin chain synthesis Secondary to reduced synthesis of α or β globin Excess of the unaffected globin leads to precipitation in: red cells (hemolysis) bone marrow (ineffective erythropoiesis) Adult hemoglobin Genetic basis β-Thalasse

  34. Slide 34: β-Thalassemia

    β-Thalassemia 34

  35. Slide 35: β-Thalassemia Pathophysiology

    β-Thalassemia Pathophysiology Decreased β globin synthesis Unpaired α globin Splenomegaly Hemolysis Ineffective erythropoiesis Transfusion Anemia Erythropoietin Erythroid marrow Skeletal expansion deformities, osteopenia Iron overload 35

  36. Slide 36: Spectrum of Thalassemias

    Spectrum of Thalassemias Non-transfusion-dependent Transfusion-dependent Transfusions Occasional Intermittent Regular, lifelong seldom required transfusions transfusions required transfusions required required α-Thalassemia trait Mild HbE/β-Thalassemia Mild homozygous B+/B+ β-Thalassemia major (TDT)

  37. Slide 37: Ineffective Erythropoiesis Drives Morbidities of Untransfused β-Thalassemias

    Ineffective Erythropoiesis is Integral to a Vicious Cycle Driving Morbidities of Untransfused β-Thalassemias (NTDT) Pathophysiology of β- Morbidities Thalassemia Chronic Detrimental effects on growth, organ and hemolytic vascular function, anemia gall stones Hemichromes Hemolytic and ROS anemia and

  38. Slide 38: Iron Overload in NTDT and TDT

    Iron Overload in NTDT and TDT Hypogonadotrophic Hypogonadism 20–40 mg /day (0.3–0.6 mg/kg/day) Hypothyroidism Erythron Transfusion Hypoparathyroidism Erythron Cardiac siderosis heart failure Erythroferrone Hepatic failure 20mg/day carcinoma Diabetes mellitus Rt Red Transferrin Macrophages NTBI 1-2mg

  39. Slide 39: Transfusion Intensity Reflects Underlying Severity and Secondary Morbidities

    Transfusion Intensity Reflects the Underlying Severity and Contributes to Secondary Morbidities NTDT TDT Non-Transfusion Dependent β-Thalassemia Transfusion Dependent β-Thalassemia Spectrum of Severity and transfusion dependence > Transfused sporadically (e.g. growth failure, > Regular lifelong tran

  40. Slide 40: Therapeutic Options in Transfusion-Dependent β-Thalassemia

    Therapeutic Options in Transfusion-Dependent β−Thalassemia Non curative >Transfusion and chelation >Pharmacological enhancers of effective erythropoiesis Curative >Allogeneic Hematopoietic Stem Cell Transplantation (HSCT) >Gene therapies 40

  41. Slide 41: Improving Survival in Birth Cohorts of TM Patients

    Improving Survival in Birth Cohorts of TM Patients UK registry (N=736) UCLH, UK (N=103) 1.00 1.00 1975-97 (n=42) Survival probability 1975-1984 Survival probability 0.75 0.75 1965-74 (n=39) 1965-1974 1955-64 (n=21) 0.50 1955-1964 0.50 0.25 0.25 Before 1955 Analysis September 2000 0 0 0 5 10 15 20 25

  42. Slide 42: Decline in Co-Morbidities in TDT with Introduction of Iron Chelation

    Decline in Co-Morbidities in TDT with Introduction of Iron Chelation Patients with β-thalassemia major born after 1960 (N = 977) Birth 1970–1974* Birth 1980–1984† Death at 20 years 6.3% 1% Hypogonadism 64.5% 14.3% Diabetes 15.5% 0.8% Hypothyroidism 16.7% 4.9% *DFO i.m., 1975; †DFO s.c., 1980. In 199

  43. Slide 43: Co-Morbidities in Transfusion-Dependent Thalassemia at UCLH

    Co-Morbidities in Transfusion-Dependent Thalassemia (TDT) (%) at UCLH 2015 1999 Cardiac iron high 4 10 (T2*<10ms) Cardiac iron moderate 15 47 (T2* 15-20ms) LIC badly controlled 12.8 25 > 15mg/g dry wt (%) age < 40 yo age > 40yo Diabetes (%) 10 24 insulin dependent Hypoparathyroidism (%) 3 13 Hypothy

  44. Slide 44: Unmet Need – Issues With Standard Thalassemia Management

    Unmet Need – Issues With Standard Thalassemia Management High global prevalence of thalassemias >global birth rate 50-60,000 pa >global prevalence of 288,000 for severe β-thalassemia Issues of delivery and adherence to transfusion + chelation >Only 12% of children with TDT globally receive adequate

  45. Slide 45: Targeting Ineffective Erythropoiesis in Thalassemias

    Targeting Ineffective Erythropoiesis (IE) in Thalassemias Possible benefits of reduced IE1 Globin Chain > Improved anemia Imbalance > Reduced spleen & extramedullary expansion > Indirect increase in serum hepcidin EPO > Improved QOL Approaches > Stimulation of proliferation (Epo) > Decreased globin

  46. Slide 46: Myelodysplastic Syndromes

    Myelodysplastic Syndromes

  47. Slide 47: What are Myelodysplastic Syndromes (MDS)?

    What are Myelodysplastic Syndromes (MDS)? A spectrum of myeloid clonal disorders > Worldwide incidence ~5 per 100,000 > Median age at onset is in the range 65–70 years2 Occurrence: > De novo (primary MDS) > Secondary or treatment-related MDS Significant morbidity and mortality due to: > Cytopenias –

  48. Slide 48: IPSS-R Prognostic Risk Category Clinical Outcomes

    IPSS-R (Revised) Prognostic Risk Category Clinical Outcomes* Categorizes patients into 1 of 5 groups, based on risk of mortality and AML transformation > Composite Scoring system from 0 to 4 > Categories: cytogenetics, bone marrow blast %, Hemoglobin, Platelets, Absolute neutrophil count No. patient

  49. Slide 49: MDS Etiology and Progression to AML

    Myelodysplastic Syndromes Etiology and of Progression to AML Altered immune response Altered Altered marrow stroma cytokine response Radiation Oxidative Increased apoptosis stress Clonal Stem cell Clonal Age myelo- AML mutation evolution poiesis Ineffective T-cell haemopoiesis attack Chemicals Addit

  50. Slide 50: In MDS, Iron Overload Contributes to Ineffective Erythropoiesis

    In MDS, Iron Overload Contributes to Ineffective Erythropoiesis, Stromal Dysfunction and Genetic Instability In addition to its negative impact on erythropoiesis, iron overload aggravates oxidative stress and causes stromal dysfunction, potentially leading to faster clonal evolution towards leukemia

  51. Slide 51: Treatment Options in MDS

    Treatment Options in MDS Lower risk (IPSS Low, Int-1) Higher risk (IPSS Int-2, High) • EPO (ESAs) ± G-CSF • Allo-SCT • Immunosuppression • HMAs: 5-azacitidine, decitabine – ATG ± cyclosporin • Lenalidomide – del(5q) • Intensive chemotherapy • HMAs: 5-azacitidine, decitabine • Transfusion + Iron chel

  52. Slide 52: Therapeutic Priorities in Low vs High Risk MDS

    Therapeutic Priorities in Low vs High Risk MDS Platzbecker, Blood 2019 52

  53. Slide 53: Unmet Need in MDS

    Unmet Need in MDS Limitations of ESAs & lenalidomide >High refractory rate >Only small subset of patients eligible Limitations of iron chelators >Adherence major issue - older population with polypharmacy/ low tolerance for side-effects Anemia – a major clinical challenge >Anemia & transfusion depen

  54. Slide 54: Hepcidin-Ferroportin Axis Competitor Overview

    Competitor Overview Product Company Highest Indications MOA Modality Administration Phase Luspatercept Celgene Registration 2L MDS – Reg Erythroid Fusion protein SC, every 21 (Acceleron) TDT – Reg maturation days EMA 1L MDS – Ph3 agent – TGFβ NTDT – Ph2 ligand trap LJPC-401 La Jolla Phase 2 Cardiac

  55. Slide 55: Summary of Clinical Stage Competitors

    Summary of Clinical Stage Competitors Luspatercept > Launch expected in early 2020 in transfusion dependent β-Thalassemia and first-line MDS; expansion expected to NTDT (ongoing Phase 2) and second-line MDS (ongoing Phase 3) > Majority of patients (60-80%) missed primary endpoint in Ph3s; potential

  56. Slide 56: Hepcidin, Iron Balance and Erythropoiesis

    Hepcidin, Iron Balance and Erythropoiesis

  57. Slide 57: Hepcidin – The Regulator of Plasma Iron

    Hepcidin – The Regulator of Plasma Iron SLN124 TMPRSS6 > Hepatic-derived primary regulator of iron homeostasis > Controls plasma iron by regulating • intestinal absorption • iron recycling from macrophages > Hepcidin deficiency leads to iron toxicity/iron overload • Iron loading anemias – inherited

  58. Slide 58: Iron Restriction as a Therapeutic Tool?

    Iron Restriction as a Therapeutic Tool? Iron restriction is a physiological Iron restriction by adaptation in anemia of chronic TMPRSS6 inhibitors disease • Gene ablation, siRNA or ASO • Hepcidin induced reduction in techniques inhibit TMPRSS6 transferrin saturation expression to stimulate • Iron re

  59. Slide 59: Persistent Ineffective Erythropoiesis Suppresses Hepcidin

    Persistent Ineffective Erythropoiesis Suppresses Hepcidin to Promote Iron Toxicity and Anemia Mature red blood Erythroblasts cells (RBC) Physiological state EPO ERFE HBB mutation (β-thal) Fe HSC mutations (MDS) Hepcidin ROS (OH●) Iron loading Hypoxia APOPTOSIS anemias Anemia & β-Thalassemia EPO MDS

  60. Slide 60: SLN124: TMPRSS6 as a Target for Drug Action

    SLN124: TMPRSS6 as a Target for Drug Action

  61. Slide 61: Rationale for Targeting TMPRSS6 in Iron Overload Disorders

    Rationale for Targeting TMPRSS6 in Iron Overload Disorders SLN124 > Hepcidin is the master regulator of iron homeostasis TMPRSS6 • Reduces dietary iron absorption and HJV BMP controls release of iron from storage cells HFE BMPR • Hepcidin levels are low in patients P with iron-loading anemias > TMPR

  62. Slide 62: Loss of TMPRSS6 is Well Characterized in Animal Models

    Loss of TMPRSS6 is Well Characterized in Animal Models In iron-loading conditions >Ablation of TMPRSS6 expression in murine models for β-Thalassemia or hereditary hemochromatosis1,2 • Improves hematopoiesis, ameliorates anemia, corrects splenomegaly • Normalizes transferrin saturation, corrects iron

  63. Slide 63: Relevant Animal Disease Models for Iron-Loading Anemia

    Relevant Animal Disease Models to Study Iron-Loading Anemia and Hepcidin Deficiency β-Thalassemia intermedia > Hbbth3/+ mice > Beta globin gene defect causes β-Thalassemia Collaboration with > Prototypical iron-loading anemia with Dr. J. Vadolas & Dr. G. Grigoriadis 2° hepcidin deficiency Monash Med

  64. Slide 64: SLN124 in Non-Clinical Models

    SLN124 in Non-Clinical Models 64

  65. Slide 65: SLN124 Reduces Transferrin Saturation in β-Thalassemic Mice

    SLN124 Reduces Transferrin Saturation in β-Thalassemic Mice Study design Collaboration with Hbbth3/+ mice, 2-4 m, n=5-8 d1 wk 2 wk 5 Dr. J. Vadolas & Dr. G. Grigoriadis 2x 3mg/kg SLN124 s.c. 1.25 mg/ml deferiprone in drinking water Monash Medical Centre/Melbourne, Australia TMPRSS6 mRNA (liver) Hepc

  66. Slide 66: SLN124 Reduces ROS, Improves RBC Maturation in β-Thalassemic Mice

    SLN124 Reduces ROS, Improves RBC Maturation and Raises RBC Count in Circulation in β-Thalassemic Mice Study design Collaboration with Hbbth3/+ mice, 2-4 m, n=5-8 d1 wk 2 wk 5 Dr. J. Vadolas & Dr. G. Grigoriadis 2x 3mg/kg SLN124 s.c. 1.25 mg/ml deferiprone in drinking water Monash Medical Centre/Melb

  67. Slide 67: SLN124 Ameliorates Splenomegaly and Improves Anemia in Mice

    SLN124 Ameliorates Splenomegaly and Improves Anemia in β-Thalassemic Mice Study design Collaboration with Hbbth3/+ mice, 2-4 m, n=5-8 d1 wk 2 wk 5 Dr. J. Vadolas & Dr. G. Grigoriadis 2x 3mg/kg SLN124 s.c. 1.25 mg/ml deferiprone in drinking water Monash Medical Centre/Melbourne, Australia Spleen weig

  68. Slide 68: SLN124 Reduces Liver Iron Levels and Restores Spleen Architecture

    SLN124 Reduces Liver Iron Levels and Restores Normal Spleen Architecture in β-Thalassemic Mice Study design Collaboration with Hbbth3/+ mice, 2-4 m, n=5-8 d1 wk 2 wk 5 Dr. J. Vadolas & Dr. G. Grigoriadis 2x 3mg/kg SLN124 s.c. 1.25 mg/ml deferiprone in drinking water Monash Medical Centre/Melbourne,

  69. Slide 69: SLN124 Enhances Tissue Iron Reduction by Deferiprone in Hemochromatosis Model

    In a Hereditary Hemochromatosis model with Established Iron Overload, SLN124 Enhances Reduction of Tissue Iron Levels by Deferiprone Study design d1 wk 3 wk 6 Collaboration with HFE-/- mice, females, 3 m, n=8 Prof. Dr. Martina Muckenthaler 1 or 2x 3mg/kg SLN124 s.c. +/- 0.5 mg/mL DFP in drinking wat

  70. Slide 70: Summary

    Summary > β thalassemia and MDS are both marked by anemia characterized by ineffective erythropoiesis and increased iron-loading > Although these diseases have distinct etiologies and affect different patient populations both display dyserythropoiesis and dysregulation of iron metabolism through low

  71. Slide 71: SLN124 for the Treatment of Iron Loading Anemias

    R&D Day, September 12 2019 SLN124 for the Treatment of Iron Loading Anemias Dr Giles Campion Head of R&D, Chief Medical Officer

  72. Slide 72: SLN124 – Molecular Design

    SLN124 – Molecular Design Chemical GalNAc (N-Acetyl modifications Galactosamine) Increase stability Mediates targeted delivery to hepatocytes Linker Target-specific siRNA Connects siRNA sense Mediates TMPRSS6 gene silencing strand to GalNAc GalNAc conjugation is becoming a well established strategy

  73. Slide 73: TMPRSS6 is a Well-Validated Target in Humans

    TMPRSS6 is a Well-Validated Target in Humans > Hepcidin key regulator of iron metabolism1 > In humans, loss-of-function mutations in TMPRSS6 gene cause iron-refractory iron deficiency anemia (IRIDA)2,3,4,5 • Symptoms more pronounced during childhood/adolescence • Generally normal growth and developm

  74. Slide 74: Favorable Non-Clinical Safety Profile

    Favorable Non-Clinical Safety Profile > 29-day GLP toxicology studies in mice and NHP - no observations of overt signs of toxicity at any dose level (NOAEL 83.3 mg/kg/week, highest dose tested) • Some events considered platform-wide toxicological responses for GalNAc-siRNA conjugates independent of

  75. Slide 75: Potential Significant Benefits of SLN124

    Potential Significant Benefits of SLN124 Patient care Targets affected by SLN124 > Differentiated MoA to ↑ hepcidin SLN124 > Combination with chelators or ESAs > Provide much needed option Chelator for treating ESA failure ESA > Long duration of action: ≥ monthly s.c. dosing Improved safety over exi

  76. Slide 76: SLN124 Potential to Address an Unmet Medical Need

    SLN124 Has the Potential to Address an Unmet Medical Need by Improving Anemia and Restoring Iron Homeostasis SLN124 vs. approved therapies to treat chronic anemia and iron overload Therapy goal SLN124 RBC transfusion Iron chelators ESAsa Reduce systemic iron levelsb +/- Improve erythropoiesisb +/- A

  77. Slide 77: Phase Ib Clinical Trial Overview – SLN124

    Phase Ib Clinical Trial Overview – SLN124 2-part first-in-human, single-blind, multicenter, randomized placebo-controlled single ascending and multiple dose study to assess the preliminary safety, tolerability, PD and PK of SLN124 administered subcutaneously for the treatment of Non-transfusion-depe

  78. Slide 78: Phase Ib Study Parts A and B – SLN124

    Phase Ib Study Parts A and B – SLN124 PART A (Non-transfusion-dependent β-Thalassemia patients) PART B 0.3 mg/kg TBD mg/kg Cohort 1 (x3 dose) 1.0 mg/kg n=8 (6A+2P) Cohort 5 Cohort 2 NTDT 3.0 mg/kg n = 15 n=8 (10A+5P) (6A+2P) Cohort 3 NTDT NTDT 10.0 mg/kg n=8 (6A+2P) Cohort 4 TBD mg/kg NTDT n=8 X.X m

  79. Slide 79: Phase Ib Study Objectives – SLN124

    Phase Ib Study Objectives – SLN124 > Safety and tolerability > Pharmacokinetics > Determine impact of single and multiple doses of SLN124 on pharmacodynamic and clinical markers of efficacy • Serum Fe • Ferritin • Transferrin Iron overload • Transferrin Saturation (Tsat) • Non-transferrin bound iron

  80. Slide 80: Phase Ib Patient Population – SLN124

    Phase Ib Patient Population – SLN124 > Patients selected vs. Healthy Volunteers (HV) due to the risk of causing anemia in HVs through SLN124 MoA > Patients with NTD β-Thalassemia and low/very low risk MDS with clear evidence of biochemical iron overloading > NTD β-Thalassemia selected with no or lim

  81. Slide 81: Phase Ib Inclusion Criteria – SLN124

    Phase Ib Inclusion Criteria – SLN124 Evidence of biochemical iron overload and anemia > Tsat, ferritin, hemoglobin • Mean ferritin level > 300 µg/L • Transferrin saturation > 45% • Mean Hb 10 g/L >Stable chelator use permitted © Silence Therapeutics 2019 81

  82. Slide 82: SLN124 European Regulatory Interactions

    SLN124 European Regulatory Interactions Scientific advice > Clinical and Quality with MHRA - June 2018 and January 2019 > Quality with BfArM - December 2018 EU orphan drug designation for β-Thalassemia > Decision adopted for SLN124 - January 2019 First-in-human trial of SLN124 in MDS and β-Thalassem

  83. Slide 83: SLN124 Summary

    SLN124 Summary Hepcidin deficiency - key pathophysiological mechanism linking anemia and iron overload in β-Thalassemia and MDS > Differentiated MoA specifically targeting key iron regulator - hepcidin > Robust Hb response in prototypical model of ineffective erythropoiesis > Consistent ↓ in plasma

  84. Slide 84: Questions & Answers

    R&D Day, September 12 2019 Questions & Answers

  85. Slide 85: Elevated Lp(a) and Cardiovascular Disease

    R&D Day, September 12 2019 Elevated Lp(a) and Cardiovascular Disease Henry Ginsberg MD Irving Professor of Medicine Vagelos College of Physicians and Surgeons Columbia University © Silence Therapeutics 2019

  86. Slide 86: Lowering LDL has Transformed the Natural History of ASCVD

    Lowering LDL has Transformed the Natural History of Atherosclerotic Cardiovascular Disease The Lancet 376 (9753)1670 © Silence Therapeutics 2019 86

  87. Slide 87: Rates of ASCVD Remain Elevated Even After Lowering LDL-C

    However, Rates of ASCVD Remain Elevated in High-Risk Patients Even After Dramatic Lowering of LDL-C: Why? > Statin intolerance > Inadequate dosing > Inadequate use of combination therapies > Compliance © Silence Therapeutics 2019 87

  88. Slide 88: What Can We Do?

    What Can We Do? > Treat Statin Intolerance > Improve Compliance > Convince Doctors to Use Optimal Doses > Add second drugs: • Ezetimibe • PCSK9 Inhibitors But diminishing returns on LDL-C lowering and increasing problems regarding compliance © Silence Therapeutics 2019 88

  89. Slide 89: There are Non-LDL-C Causes of ASCVD

    More Importantly: There are Non-LDL-C Causes of ASCVD Residual risk > Hypertension > Smoking > Diabetes/Insulin Resistance > High Triglycerides > Low HDL-C > LIPOPROTEIN (a) © Silence Therapeutics 2019 89

  90. Slide 90: Lipoprotein(a)

    Lipoprotein(a) KIV-2 copy number variant: > 2 to >40 repeats LDL-like apo(a) particle Koschinsky et al. Curr Opin Lipidol, 2004;15:167-174 © Silence Therapeutics 2019 90

  91. Slide 91: Lipoprotein(a)

    Lipoprotein(a) Lp(a) is an LDL-like particle covalently bound to a glycoprotein, apo(a), through a single disulfide bond Kringle IV type 2 repeat: Non-HDL Cholesterol 114 AA (5.6kb)/repeat Chylomicrons Very low density Lipoproteins Intermediate density Lipoproteins Lipoprotein (a) [Lp(a)] is a circu

  92. Slide 92: 1963: Geneticist Kare Berg

    1963: Geneticist Kare Berg > Goal: define lipoprotein differences between individual human sera. > Discovery: Through immunological investigations of human serum he discovered a new antigen that was associated with low density lipoproteins (LDL). He shortly showed that this new antigen was a genetic

  93. Slide 93: Structural Homology Between PLG and Apo(a)

    Schematic Illustration of the Structural Homology Between PLG and Apo(a) Konrad Schmidt et al. J. Lipid Res. 2016;57:1339-1359 © Silence Therapeutics 2019 93

  94. Slide 94: Lp(a): Particle Heterogeneity

    Lp(a): Particle Heterogeneity Tsimikas, JACC, 2017, 69:692 © Silence Therapeutics 2019 94

  95. Slide 95: Copenhagen General Population Lp(a) Distribution

    Copenhagen General Population (n=6000) Men Women Fraction of Population 20% 20% 0 50 100 150 200 0 50 100 150 200 Lp(a), mg/dL Lp(a), mg/dL Nordestgaard B Eur Heart J: 2010 31:2844-53. © Silence Therapeutics 2019 95

  96. Slide 96: © Silence Therapeutics 2019

    © Silence Therapeutics 2019 96

  97. Slide 97: Lp(a) Levels are About 90% Genetically Determined

    Copenhagen General Population (n=6000) Lp(a) Levels are About 90% Genetically Determined Men Women High number of Kringle IV-2 repeats Fraction of Population Low number of Kringle IV-2 repeats 20% 20% 0 50 100 150 200 0 50 100 150 200 Lp(a), mg/dL Lp(a), mg/dL Nordestgaard et al, EHJ, 2010, 31:2844

  98. Slide 98: Prevalence of Elevated Lp(a): US and Globally

    Prevalence of Elevated Lp(a): US and Globally Prevalence 20% 10% 5% 1% Lp(a) Level 60 mg/dL 90 mg/dL 116 mg/dL 180 mg/dL Number (USA) 64 million 30 million 16 million 3.2 million Number (EU) 150 million 75 million 37.5 million 7.5 million Number Globally 1.4 billion 700 million 350 million 7 million

  99. Slide 99: Nonfatal MI and Coronary Death (9318 Cases)

    Nonfatal MI and Coronary Death (9318 Cases) Emerging Risk Factor Collaboration. JAMA 2009; 302: 412-23 MI = Myocardial infarction © Silence Therapeutics 2019 99

  100. Slide 100: Risk of MI as a Function of Lp(a) Levels

    Risk of MI as a Function of Lp(a) Levels in the General Population: Copenhagen City Heart Study Kamstrup et al. JAMA 2009; 301: 2331-9 © Silence Therapeutics 2019 100

  101. Slide 101: Ischemic Stroke (1890 Cases)

    Ischemic Stroke (1890 Cases) Emerging Risk Factor Collaboration. JAMA 2009; 302: 412-23 © Silence Therapeutics 2019 101

  102. Slide 102: Lp(a): a Genetically Validated Target

    Lp(a): a Genetically Validated Target Kamstrup PR, et al. JAMA. 2009;301(22):2331-2339 © Silence Therapeutics 2019 102

  103. Slide 103: Lp(a): a Genetically Validated Target

    Lp(a): a Genetically Validated Target Nordestgaard and Langsted J. Lipid Res. 2016. 57: 1953–1975 © Silence Therapeutics 2019 103

  104. Slide 104: Lp(a) and Aortic Stenosis

    Lp(a) and Aortic Stenosis Lp(a) SNP rs10455872 Relative risk of aortic valve per allele Calcification 2.05 (1.63-2.57) Stenosis Sweden 1.68 (1.32-2.15) Stenosis Denmark 1.60 (1.12-2.28) © Silence Therapeutics 2019 104

  105. Slide 105: Lp(a) and Aortic Stenosis

    Lp(a) and Aortic Stenosis Nordestgaard and Langsted J. Lipid Res. 2016. 57: 1953–1975 © Silence Therapeutics 2019 105

  106. Slide 106: Is There an Unmet Need to Treat Lp(a)?

    >This is all very interesting but does it mean that there is an unmet need to treat Lp(a)? >Why not just treat LDL more aggressively? © Silence Therapeutics 2019 106

  107. Slide 107: Statin Treatment and CV Risk of Lp(a)

    Statin Treatment and CV Risk of Lp(a) Patient-level meta-analysis of placebo-controlled statin trials Lancet 2018; 392: 1311–20 © Silence Therapeutics 2019 107

  108. Slide 108: Lp(a) Largely Poorly Managed by Current Therapies

    Lp(a) Largely Poorly Managed by Current Therapies > No clinical trial investigating the effect of specifically lowering Lp(a) on prevention of CVD conducted so far – no specific guidelines for targeting Lp(a). > Cholesterol lowering drugs (e.g. statins etc) are used to reduce additional risk factors

  109. Slide 109: Benefit of Reduction

    Benefit of Reduction © Silence Therapeutics 2019

  110. Slide 110: FOURIER Trial

    FOURIER Trial >Elevated baseline Lp(a) concentration was independently associated with an increased risk of coronary events >Patients with elevated baseline Lp(a) levels derived greater absolute reduction in Lp(a) and tended to derive greater clinical benefit from PCSK9 inhibition >Clinical benefit

  111. Slide 111: ODYSSEY Outcomes Trial

    ODYSSEY Outcomes Trial >Baseline Lp(a) predicts MACE in patients with recent ACS. >The contribution of Lp(a) lowering to event reduction with alirocumab increases with higher baseline Lp(a) levels, and becomes clinically meaningful in patients with elevated baseline Lp(a) levels. © Silence Therapeut

  112. Slide 112: Changes in Lp(a) and LDL-C With Equivalent Effects on CVD

    Changes in Lp(a) and LDL-C With Equivalent Effects on CVD 1.0 mmol/L (39 mg/dl cholesterol) lifetime lower LDL-C 50% reduction in lifetime risk of CHD 0.4 - 101.5 mg/dl (30-40 mg/dl cholesterol) lifetime lower Lp(a) Burgess SB, Ference BA, et al. 2018; JAMA Cardiology doi: 10.1001/jamacardio.2018.14

  113. Slide 113: Desired Profile of New Therapeutic to Lower Lp(a)

    Desired Profile of New Therapeutic to Lower Lp(a) © Silence Therapeutics 2019

  114. Slide 114: siRNA Knockdown: Serum Lp(a) Reduction

    siRNA Knockdown Serial serum collection 1 5 0 L p (a ) le v e ls ± S D ) d-15 d0 d7 d14 d63 Serum Lp(a) reduction C o n tro l s e ru m 1 0 0 3 m g /k g Serum baseline 9 m g /k g siRNA sc N o r m a lis e d B L 3 x 3 m g /k g 5 0 Group mg/kg Days (M e a n 1 0 0 9 0 % R e d u c tio n 0 2 3 1 0 7 1 4 2

  115. Slide 115: Summary

    Summary >Elevated Lp(a) a potent risk factor for cardiovascular disease but is underappreciated in management guidelines >Usual life-style changes and currently approved therapeutics not effective >New agents required that lower Lp(a) by up to 80% >Compliance a potent factor in reducing the effectiv

  116. Slide 116: SLN360 for the Treatment of Cardiovascular Disease Associated With High Lp(a)

    R&D Day, September 12 2019 SLN360 for the Treatment of Cardiovascular Disease Associated With High Lp(a) Dr Giles Campion Head of R&D, Chief Medical Officer

  117. Slide 117: Lp(a) as a Target for SLN360

    Lp(a) as a Target for SLN360 The Lp(a) complex is composed of two different proteins encoded by the LPA and the APOB genes and a lipid particle, both expressed in hepatocytes: GalNAc siRNA LPA gene ApoB LDL-C The LPA gene product is dominant and rate limiting for the assembly of the atherogenic Lp(a

  118. Slide 118: Lead and Lead Selection

    Lead and Lead Selection Pharmacodynamic / Proof of Mechanism studies in vivo (NHP) Synthesis of Pre-clinical GalNAc- Development conjugated siRNA Potency in molecules human & cynomolgus 1° hepatocytes IND/CTA H2 2020 Design and screen of 250 siRNAs * There is no rodent homologue of LPA, in vivo test

  119. Slide 119: Additional Lowering of ApoB

    Additional Lowering of ApoB Lp(a) reduction leads to significant A p o B 1 2 5 lowering of the disease-relevant le v e ls ) 1 0 0 C o n tro l biomarker ApoB s e ru m PROTEIN 3 m g /k g 7 5 9 m g /k g B L > Dose-dependent reduction in ApoB N o r m a lis e d 5 0 3 x 3 m g /k g (M e a n 2 5 serum level

  120. Slide 120: No Downregulation of Plasminogen mRNA

    No Downregulation of Plasminogen mRNA 1.5 > Plasminogen protein has high homology to apo(a) (relative to UT) 1.0 PLG/ACTB Human > SLN360 sequence shows several In vitro 0.5 Cyno mismatches to PLG sequence In vitro 0.0 -12 -11 -10 -9 -8 -7 -6 > No dose-dependent alterations log [M] siRNA in PLG level

  121. Slide 121: Clinical-Stage Competition – Amgen (Phase I)

    Clinical-Stage Competition – Amgen (Phase I) 3x3mg/kg weekly doses > Amgen (Arrowhead molecule) Amgen/Arrowhead – GalNac siRNA > Amgen: peak inhibition D29-43 > SLN360: peak inhibition D17-21 90% > Amgen: 90% reduction at peak inhibition Melquist et al AHA 2016 Scientific Sessions > SLN360 >90% redu

  122. Slide 122: Clinical-Stage Competitors Targeting Lp(a)

    Clinical-Stage Competitors Targeting Lp(a) Correct as of Aug 2019 Product Company Highest Phase Indications MOA Modality Administration Arrowhead/ CVD with Apo(a) AMG-890 Phase I siRNA SC, N/A Amgen high Lp(a) inhibition AKCEA-apo(a)- Akcea Phase 2 CVD with Apo(a) SC, weekly Antisense LRx (TQJ230) (

  123. Slide 123: SLN360 Summary

    SLN360 Summary Rationale > Lp(a) is a low-density lipoprotein composed of Apo(a) and Apo B, both hepatocyte expressed genes. > Genetically defined high Lp(a) serum levels are unaffected by diet and exercise and are an independent risk factor for CVD. > There is no specific Lp(a) targeting therapy av

  124. Slide 124: SLN500 for the Treatment of Complement-Mediated Diseases

    R&D Day, September 12 2019 SLN500 for the Treatment of Complement-Mediated Diseases Dr Giles Campion Head of R&D, Chief Medical Officer

  125. Slide 125: Complement as a Target Cascade

    Complement as a Target Cascade C3 - Hub of the complement cascade > Complement belongs to the innate immune system > >30 serum proteins > Three pathways converge to form SLN500 C3 convertases > Function: MAC formation and immune cell activation > Eculizumab (anti-C5 Ab): First FDA-approved drug for

  126. Slide 126: Attractive Market Size

    Attractive market size Combined opportunity in multiple orphan indications C3G Est. combined prevalence C3 Glomerulopathy US EU ~5-15K Antineutrophil Cytoplasmic ANCA-AV patients PNH Paroxysmal Nocturnal Autoantibodies - Associated Vasculitis ~30-150K ~10-15K Hemoglobinuria patients patients aHUS Po

  127. Slide 127: SLN500 Proof of Mechanism Data

    SLN500 Proof of Mechanism Data Dose response study with SLN500 in healthy mice 1.5 > Study design: d-3 d0 d7 d14 RNA DAY 28 d21 d28 C3/actb mRNA relat. to PBS 1.0 0.5 Serum siRNA serum serum serum Tissue BL sc (liver) serum 0.0 PBS 5 mg/kg 3 mg/kg 1 mg/kg 0.3 mg/kg 150 Single ascending doses of PROT

  128. Slide 128: Clinical Stage Drugs Targeting C3

    Clinical Stage Drugs Targeting C3 Correct as of Aug 2019 Product Company Highest Phase Indications MOA Modality Administration Nephropathies Synthetic APL-2 Apellis Phase 3 (C3G), GA, PNH, C3 inhibition SQ, daily peptide CAD, WAHA C3G, PNH, SQ or IV, unclear periodontitis, Synthetic dosing but likel

  129. Slide 129: SLN500 Summary

    SLN500 Summary Rationale > Activation of the complement system is a pathologic feature of several diseases (such as C3 glomerulopathy, paroxysmal nocturnal hemoglobinuria, atypical hemolytic uremic syndrome and myasthenia gravis) > Mutations and/or deficiencies in complement regulating factors or st

  130. Slide 130: Questions & Answers

    R&D Day, September 12 2019 Questions & Answers

  131. Slide 131: Closing Remarks

    R&D Day, September 12 2019 Closing Remarks Dr. David Horn Solomon Chief Executive Officer

  132. Slide 132: Silence Therapeutics’ Summary

    Silence Therapeutics’ Summary > Reproducible, proprietary gene silencing (RNAi) therapeutics platform, HQ in London Valuable rapidly generating internal pipeline and out-licensing options. Platform Platform validated through recently announced collaboration with Mallinckrodt Growing > SLN124 (β-Thal

  133. Slide 133: Outlook

    Outlook SLN124 > SLN124 Phase Ib commences soon with interim results for the Part A (Single Ascending Dose) expected in 2020 > Phase Ib trial is expected to fully readout in H2 2021 SLN360 > IND and/or CTA expected to be filed in H2 2020 > Phase I trial to start shortly thereafter and funding this p

  134. Slide 134: © Silence Therapeutics 2019

    © Silence Therapeutics 2019 134

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