Xoma Royalty Corporation · NASDAQ:XOMA

Xoma Royalty — XOMA — Investor Presentation (June 2013)

29 slides from Xoma Royalty's investor presentation, June 2013

  1. Slide 1: Corporate Presentation June 2013

    Corporate Presentation June 2013

  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: Gevokizumab: Pipeline in a Product

    Gevokizumab: Pipeline in a Product 1H 2013 2H 2013 1H YE2013 2013 1H 2014 2H 2014 Positive Acne Phase 2 POC Data Decision on next Phase 3 Indication EOA Phase 2 POC Data EYEGUARD A, B, C Data from 3 Pivotal Trials BLA Filing Pyoderma Pilot Study Data / FDA Feedback Pivotal Study BLA Filing Gangrenos

  4. Slide 4: XOMA Pipeline

    XOMA Pipeline Pre-Clinical Phase 1 Phase 2 Phase 3 Commercialized in U.S. by XOMA Gevokizumab Indications X X X XMet D: Insulinomas X Developed for Licensure XMet A: Type 1 & 2 diabetes mellitus X XMet S: Type 2 diabetes mellitus X 4

  5. Slide 5: Creating Value - Capturing Value

    Creating Value - Capturing Value Developing Gevokizumab Creates Expanding Pipeline Creates Value: Value: • Phase 3 NIU/BU program complete in 2014 • Gevokizumab additional indications • Phase 2 POC program to select next • XMet platform Phase 3 indication • Differentiating discovery activities • Rar

  6. Slide 6: Commercial Decision Tree Provides the Opportunity to Capture Value

    Commercial Decision Tree Provides the Opportunity to Capture Value What diseases might this drug treat? What will the competitive landscape look like if it is approved? If this compound has potential beyond an orphan indication, can we sell it by ourselves to specialty prescribers with a small targe

  7. Slide 7: Gevokizumab: Potential Best-in-Class IL-1β Antibody

    Gevokizumab: Potential Best-in-Class IL-1β Antibody  High-affinity, humanized allosteric modulating antibody with subcutaneous monthly dosing  Distinct properties differentiate gevokizumab from other biologics that inhibit the IL-1 cascade • Elevated levels of IL-1β play a role in many acute and c

  8. Slide 8: Uveitis: Inflammation of the Uvea

    Uveitis: Inflammation of the Uvea  Uveitis can be infectious or non- infectious  Non-infectious uveitis (NIU) can be anterior, intermediate, posterior or pan – Multiple etiologies; Behçet's uveitis is representative of multiple forms  In general, only non-anterior NIU warrants treatment with syst

  9. Slide 9: Clinical Activity in First Trial of Behçet's Subset of NIU

    Gevokizumab: Clinical Activity in First Trial of Behçet's Subset of NIU  All 7 patients showed rapid treatment effect for intraocular inflammatory attack  5 of 5 responded to second dose  Gevokizumab was well-tolerated  4 patients treated monthly for >2 years • Maintained therapeutic gevokizumab

  10. Slide 10: Rapid Response in Behçet's Uveitis Subset of NIU

    Rapid Response in Behçet’s Uveitis Subset of NIU hypopyon off-center iris Day 0: Day 1: Day 4: Flare score: 467 ph/msec * Flare score: 45 ph/msec Flare score: 62 ph/msec Anterior chamber cell: 4+ Anterior chamber cell: 4+ Anterior chamber cell: 4+ Vitreous haze: 3+ Vitreous haze: 3+ Vitreous haze: 2

  11. Slide 11: SERVIER Phase 2 Study in Behçet's Uveitis Patients

    Gevokizumab: SERVIER Phase 2 Study in Behçet's Uveitis Patients Design Open-label, safety, PK/ADA, clinical and biological activity Study sites South Korea (3); Turkey (4); Tunisia (1) • 21 patients with history of Behçet’s disease and posterior uveitis − On corticosteroids ≤ 20mg/day and > 1 pre-sp

  12. Slide 12: Preliminary Conclusions from SERVIER Phase 2 Study

    Preliminary Conclusions from SERVIER Phase 2 Study in Behçet's Uveitis Patients  All evaluable Acute patients (N=15) responded to gevokizumab treatment, most within one week  11 evaluable Acute patients with elevated vitreous haze (≥ 2+) at baseline • 8 showed at least 2-unit reduction in index ey

  13. Slide 13: Single Dose Cleared Vitreous Haze in Posterior Uveitis Case

    Single Dose Cleared Vitreous Haze in Posterior Uveitis Case in XOMA Phase 2 Study 13

  14. Slide 14: Gevokizumab: Phase 3 EYEGUARD Program

    Gevokizumab: Phase 3 EYEGUARD™ Program Study Designs EYEGUARD-A EYEGUARD-B EYEGUARD-C (XOMA) (SERVIER) (XOMA) Active/Controlled Active Controlled Controlled # Patients 300 110 300 # Sites 100-120 50 ~120 30 mg, 60 mg 60 mg 30 mg, 60 mg Gevokizumab doses Placebo Placebo Placebo Randomization 1:1:1 1:

  15. Slide 15: Gevokizumab: Trials Proceeding on Schedule

    Gevokizumab: Trials Proceeding on Schedule  Phase 3 EYEGUARD program • Jointly performed by XOMA and SERVIER (50/50 cost share) • Manufacturing transferred to Boehringer Ingelheim  XOMA-sponsored POC studies • Moderate to severe inflammatory acne; erosive osteoarthritis of the hand • Each party fu

  16. Slide 16: Phase 2 Acne Vulgaris POC Study Design

    Gevokizumab: Phase 2 Acne Vulgaris POC Study Design Patient population >100 patients with moderate to severe acne vulgaris Randomization 1:1:1 Gevokizumab dose 0.2 mg/kg, 0.6 mg/kg vs. placebo dosed once a month Total doses 3 Study initiated December 2011 Top-line data January 2013 Primary endpoint

  17. Slide 17: Acne: Overall Effect on Lesion Count Top-Line Results

    Acne: Overall Effect on Lesion Count Top-Line Results Gevokizumab Moderate to Severe Acne Vulgaris POC Study Inflammatory Lesion Count n=31 n=32 n=29 n=23 LS Mean Difference = 5.8 ±3.25 n=26 p-value = 0.077 n=25 (1st dose) (2nd dose) (3rd dose) Baseline Inflammatory Lesion Count: 30.6 30.6 31.0 Trea

  18. Slide 18: Acne: Statistically Significant Improvement in IGA Score at Day 84

    Acne: Statistically Significant Improvement in Investigator Global Assessment Score at Day 84 Gevokizumab Moderate to Severe Acne Vulgaris POC Study Treatment Responders at Day 84 p-value = 0.031 31% p-value = 1 8% 5% n=21 n=26 n=26 Treatment responders are defined as two or more improvement in the

  19. Slide 19: Erosive Osteoarthritis of the Hand (EOA)

    Erosive Osteoarthritis of the Hand (EOA)  Distinct subset of osteoarthritis of the hand, affecting 1.8 - 2.2 million patients in U.S.  Frequent intermittent inflammatory episodes and progressive joint damage confirmed by X-ray / MRI  Pain is typically worse and hand function also more compromised

  20. Slide 20: Phase 2 Erosive Osteoarthritis of the Hand POC Study Design

    Gevokizumab: Phase 2 Erosive Osteoarthritis of the Hand (EOA) POC Study Design Patient population 90 patients with diagnosed EOA and elevated CRP Randomization 2:1 Gevokizumab dose 60 mg vs. placebo dosed once a month Total doses 6 Study initiated June 2012 Anticipated top-line September 2013 result

  21. Slide 21: Supplemental Phase 2 EOA Study Design

    Gevokizumab: Supplemental Phase 2 Erosive Osteoarthritis of the Hand (EOA) Study Design Patient population 90 patients with diagnosed EOA and non-elevated CRP Randomization 2:1 Gevokizumab dose 60 mg vs. placebo dosed once a month Total doses 3 Study initiated Summer 2013 Improvement in AUSCAN osteo

  22. Slide 22: Phase 2 Pyoderma Gangrenosum Study Design

    Gevokizumab: Phase 2 Pyoderma Gangrenosum (PG) Study Design Patient population 4 - 8 patients with acute inflammatory pyoderma gangrenosum • 60 mg dosed SC once a month (first 4-patient cohort) Gevokizumab dose • 120 mg dosed SC once a month (second cohort) Total doses 3 Study initiated June 2013 Pr

  23. Slide 23: NEI-sponsored Non-infectious Scleritis Study Design

    Gevokizumab: National Eye Institute-sponsored Non-infectious Scleritis Study Design • 10 patients with non-infectious active anterior scleritis Patient population • Scleral inflammatory grade ≥ 1-plus in at least 1 eye − NEI-developed standardized photographic scleritis grading system Gevokizumab do

  24. Slide 24: XMet Program

    XOMA XMet Program

  25. Slide 25: Creating Value from Discovery

    Creating Value from Discovery Investing to Capture Value from Future XMet Partnership Agreement  XMet A: selective insulin receptor  XMet S: insulin sensitizing modulator (SIRM) antibodies • May provide a long-acting alternative • May enable more effective use of own to basal insulin1 insulin for

  26. Slide 26: XMet D: Unique Potential Therapeutic Opportunities

    XMet D: Unique Potential Therapeutic Opportunities  Antagonist (Deactivator) of the insulin receptor  3 potential rare disease indications to be evaluated: • Insulinomas • Congenital Hyperinsulinism • Hyperinsulinemic Hypoglycemia Post Gastric Bypass Surgery  Patients treated in limited number of

  27. Slide 27: Internal Development Pipeline

    Internal Development Pipeline Pre- Compound Indication Phase 1 Phase 2 Phase 3 Marketed clinical Gevokizumab Non-infectious uveitis Moderate-to-severe acne Erosive osteoarthritis of the hand Pyoderma gangrenosum Non-infectious scleritis XMet A Type 1 & 2 diabetes mellitus XMet S Type 2 diabetes mell

  28. Slide 28: Financial Highlights

    Financial Highlights  $70.4 million cash at March 31, 2013 • Cash runway through 2014 • Cash through Phase 3 EYEGUARD top-line data readouts  Approximately 83 million shares outstanding  Approximately 72% institutional ownership  2013 guidance: • Cash used in ongoing operating activities will be

  29. Slide 29: XOMA

    XOMA

XOMA — Investor Presentation (June 2013) on 6ix