Xoma Royalty Corporation · NASDAQ:XOMA

Xoma Royalty — XOMA — Investor Presentation (November 2014)

28 slides from Xoma Royalty's investor presentation, November 2014

  1. Slide 1: Corporate Presentation

    Corporate Presentation November 2014

  2. Slide 2: Forward-looking Statements

    Forward-looking Statements Certain statements contained herein including, but not limited to, statements related to anticipated timing of initiation and completion of clinical trials, anticipated size of clinical trials, therapeutic and market potential of XOMA’s product candidates, continued sales

  3. Slide 3: XOMA: Value Creation and Value Capture

    XOMA: Value Creation and Value Capture  Create value by focusing on lead asset ─ gevokizumab • Potent, fully humanized allosteric-modulating monoclonal antibody • Once-a-month, subcutaneous injection • Modulates inflammatory response to cytokine interleukin-1 beta (IL-1 β) Inflammatory diseases ind

  4. Slide 4: XOMA: Value Creation and Value Capture

    XOMA: Value Creation and Value Capture  Create value by developing gevokizumab broadly across multiple inflammatory indications • Execute ongoing Phase 3 EYEGUARD™ studies in non-infectious uveitis (NIU) – Report top-line results from EYEGUARD-B, Behçet's disease uveitis patients, approximately 6 w

  5. Slide 5: XOMA: Value Creation and Value Capture

    XOMA: Value Creation and Value Capture  Capture value for XOMA by commercializing gevokizumab directly in the U.S. • Deal with Servier retains XOMA U.S. and Japanese commercial rights – Select indications served by specialty physicians to enable direct commercialization by XOMA in the U.S. • Levera

  6. Slide 6: Gevokizumab: Pipeline in a Product

    Gevokizumab: Pipeline in a Product Pre- Upcoming Indication Phase 1 Phase 2 Phase 3 clinical Milestones XOMA’s Development Programs 2015: Non-infectious uveitis (NIU) – EYEGUARD™-A & -C* Ph 3 Endpoints Q3 14: Behçet's disease uveitis (BDU) – EYEGUARD-US Initiated Ph 3 Trial Q4 14: Pyoderma gangrenos

  7. Slide 7: Behçet's Disease Uveitis (BDU) & Non-infectious Uveitis (NIU)

    Gevokizumab: Behçet's Disease Uveitis (BDU) & Non-infectious Uveitis (NIU)

  8. Slide 8: Three EYEGUARD Phase 3 Studies Ongoing in Non-infectious Uveitis

    Gevokizumab: Three EYEGUARD™ Phase 3 Studies Ongoing in Non-infectious Uveitis  Inflammation of the uvea which can occur in front, middle and/or back of the eye • Can be infectious or non-infectious • Gevokizumab targeted for non-infectious patients where back of the eye is affected  150,000 NIU p

  9. Slide 9: Clinical Activity in XOMA's First Phase 2 Trial of Behçet's Disease Subset of NIU

    Gevokizumab: Clinical Activity in XOMA’s First Phase 2 Trial of Behçet's Disease Subset of NIU  7 of 7 patients showed rapid treatment effect for intraocular inflammatory attack  5 of 5 responded to second dose hypopyon off-center iris * photon counts per millisecond Day 0: Day 1: Day 4: Flare sco

  10. Slide 10: Phase 2 Behçet's Disease Uveitis Studies Clearance of Vitreous Haze

    Gevokizumab: Phase 2 Behçet's Disease Uveitis Studies Clearance of Vitreous Haze  Patient from XOMA 7-patient Phase 2 study Day 0 - Vit. Haze: 3+ Day 1 - Vit. Haze: 3+ Day 4 - Vit. Haze: 2+ Day 7 - Vit. Haze: 1+ Day 14 - Vit. Haze: 0.5+ Day 21 - Vit. Haze: 0  Servier’s study in 21 patients with Be

  11. Slide 11: EYEGUARD-B Study Design and Status

    Gevokizumab: EYEGUARD-B Study Design and Status  Strong Phase 2 data in Behçet's disease uveitis patients (BDU) led to Servier run EYEGUARD-B study  Ex-U.S. BDU patients, randomized, double-masked  Receive 60mg gevokizumab or placebo subcutaneously monthly • Randomized 1:1  Patients must be stab

  12. Slide 12: Driving Toward First BLA in Behçet's Disease Uveitis

    Gevokizumab: Driving Toward First BLA in Behçet’s Disease Uveitis  EYEGUARD-B results are expected first • Waiting for final pre-specified exacerbations  Use EYEGUARD-B results to request pre-BLA Meeting with FDA  Perform statistical analysis of XOMA and Servier Phase 2 results to support EYEGUAR

  13. Slide 13: Phase 3 Behçet's Disease Uveitis Program

    Gevokizumab: Phase 3 Behçet's Disease Uveitis Program EYEGUARD-B EYEGUARD-US (SERVIER) (XOMA) Active/Controlled Controlled Active & Controlled # Patients Up to 110 Up to 28 # Sites 44 (ex-U.S.) 15 (U.S.) Gevokizumab doses 60mg 60mg (Monthly SubQ) Placebo Placebo Randomization 1:1 1:1 Start date Sept

  14. Slide 14: EYEGUARD-US Behçet's Disease Uveitis Supplemental Study

    Gevokizumab: EYEGUARD-US Behçet’s Disease Uveitis Supplemental Study  Patients can have active Behçet’s disease uveitis • Patients with active disease are brought under control with gevokizumab (open label), or  Patients can be under control with other therapies • Treatment control transferred to

  15. Slide 15: Regulatory Submission Strategy

    Gevokizumab: Regulatory Submission Strategy Behçet's disease Non-infectious Non-infectious Other Other follow-on follow-on uveitis uveitis uveitis indications: indications EYEGUARD-B EYEGUARD-B Ophthalmology + + Scleritis Two Phase 2 Trials EYEGUARD-A and/ or Dermatology Supplemented w/ EYEGUARD-C P

  16. Slide 16: Broad NIU Phase 3 EYEGUARD Study Designs

    Gevokizumab: Broad NIU Phase 3 EYEGUARD Study Designs EYEGUARD-A EYEGUARD-C (XOMA & Servier) (XOMA & Servier) Active/Controlled Active Controlled # Patients 300 300 # Sites 140 140 Gevokizumab doses 30mg, 60mg 30mg, 60mg (Monthly SubQ) Placebo Placebo Randomization 1:1:1 1:1:1 Start date June 2012 O

  17. Slide 17: Pyoderma Gangrenosum (PG)

    Gevokizumab: Pyoderma Gangrenosum (PG)

  18. Slide 18: Pyoderma Gangrenosum: XOMA's Next Phase 3 Indication

    Pyoderma Gangrenosum: XOMA’s Next Phase 3 Indication  Severe inflammatory, ulcerative disease of the skin with undetermined cause • One of several indications collectively known as neutrophilic dermatoses • Claims data over past 3 years indicate U.S. pyoderma gangrenosum patient population of 11,00

  19. Slide 19: Pyoderma Gangrenosum Subject 2300

    Gevokizumab: Pyoderma Gangrenosum Subject 2300 DAY 0 DAY 84 1 1 Pain Ulcer Size: Day 0 Day 84 (0 - 10) Investigators Assessment of Target Ulcer ID Area (cm2) Area (cm2) D% Day 0 10 1 5.2 0 100 0: Total resolution of target ulcer with no sign Day 84 7 of active PG 19

  20. Slide 20: Pyoderma Gangrenosum Subject 2802

    Gevokizumab: Pyoderma Gangrenosum Subject 2802 DAY 0 DAY 84 1 1 Pain Ulcer Size: Day 0 Day 84 (0 - 10) Investigators Assessment of Target Ulcer ID Area (cm2) Area (cm2) D% Day 0 4 1 16 0 100 0: Total resolution of target ulcer with no sign Day 84 0 of active PG 20

  21. Slide 21: Percent Clearance of Target Ulcer in Pyoderma Gangrenosum Patients

    Gevokizumab: Percent Clearance of Target Ulcer in Pyoderma Gangrenosum Patients Percent Ulcer Clearance 21

  22. Slide 22: Pyoderma Gangrenosum Phase 3 Program Study Designs

    Gevokizumab: Pyoderma Gangrenosum Phase 3 Program Study Designs Pyoderma Gangrenosum U.S. Only U.S. & x-U.S. Phase 3 Studies (Study 172) (Study 173) # Patients 58 58 Gevokizumab doses 60mg : Placebo 60mg : Placebo (Monthly) Randomization 1:1 1:1 Primary endpoint Complete healing of target ulcer at a

  23. Slide 23: XOMA Metabolic (XMet) Program

    XOMA Metabolic (XMet) Program

  24. Slide 24: Creating Value from XMet Discovery Program

    Creating Value from XMet Discovery Program  XMet A: selective insulin receptor modulator (SIRM) • May provide a long-acting alternative to basal insulin* • Data from non-human primates should be predictive and is being used for partnering discussions  XMet S: insulin sensitizing antibodies • May e

  25. Slide 25: Building Value Through Development Activities

    Building Value Through Development Activities Pre- Compound Indication Phase 1 Phase 2 Phase 3 Marketed clinical XOMA’s Development Programs Gevokizumab Non-infectious uveitis (NIU) – EYEGUARD-A & -C Behçet's disease uveitis (BDU) – EYEGUARD-US Pyoderma gangrenosum (PG) Erosive osteoarthritis of the

  26. Slide 26: Financial Highlights

    Financial Highlights  $59.1 million cash at September 30, 2014  Approximately 107 million shares outstanding 26

  27. Slide 27: Investment Thesis – Committed to Become a U.S. Commercial Company

    Investment Thesis – Committed to Become a U.S. Commercial Company  Complete gevokizumab global Phase 3 program in non-infectious uveitis (NIU) clinical trials • EYEGUARD-B data may allow a “Behçet's first” BLA submission • EYEGUARD-US study to supplement Behçet's disease uveitis BLA submission • EY

  28. Slide 28: XOMA

    XOMA

XOMA — Investor Presentation (November 2014) on 6ix