Skye Bioscience, Inc. · NASDAQ:SKYE

Skye Bioscience — Investor Presentation (January 2021)

20 slides from Skye Bioscience's investor presentation, January 2021

  1. Slide 1: Emerald Bioscience: Engineering cannabinoids' pharmaceutical potential

    Emerald Bioscience Engineering cannabinoids’ pharmaceutical potential Unlocking the potential of cannabinoids January 2021 OTCQB: EMBI OTC : SKYE www.skyebioscience.com

  2. Slide 2: Disclaimer

    Disclaimer Legal Disclaimer This presentation contains “forward-looking statements”, including statements regarding Emerald Bioscience, Inc. and its subsidiaries, within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. All the statements in this pr

  3. Slide 3: Skye Overview

    Skye Overview NOVEL TECHNOLOGY Bioengineered, synthetic cannabinoid derivatives designed to significantly enhance therapeutic benefits COMMERCIAL POTENTIAL $6.6B+ market opportunity for lead indication, glaucoma INTELLECTUAL PROPERTY Broad “composition of matter” patent protection EXPERIENCED TEAM O

  4. Slide 4: Glaucoma is the Leading Cause of Irreversible Blindness

    Glaucoma is the Leading Cause of Irreversible Blindness Normal Vision Early Glaucoma Advanced Glaucoma Glaucoma is a disease that leads to the progressive damage of retinal ganglion cells, which make up the optic nerve, and without intervention will gradually lead to irreversible blindness C o r p o

  5. Slide 5: Large & Growing Patient Population

    Large & Growing Patient Population CURRENT GLAUCOMA PATIENTS 2040 PREDICTED GLAUCOMA PATIENTS ~78M ~100M No current cure, treatments focus on slowing disease progression C o r p o r a t e P r e s e n t a t i o n I 2 0 2 1 P.5

  6. Slide 6: How Does Glaucoma Cause Blindness?

    How Does Glaucoma Cause Blindness? A common trait of glaucoma involves increased pressure in the eye: “intraocular pressure” (IOP) Normal Eye Glaucoma Optic nerve Optic nerve Optic nerve Production/drainage of Drainage canal becomes Increased pressure aqueous humor (fluid) blocked, fluid builds up a

  7. Slide 7: Current Therapies Leave Notable Unmet Needs

    Current Therapies Leave Notable Unmet Needs IOP Class of Medication Generic Name Mechanism of Action Reduction • Glaucoma drugs represent $6.6B global Prostaglandins Analogs Latanoprost 30-35% market, growing Outflow with aging population (CAGR 6.6%) and expec β-Adrenergic Blockers Timolol 20-25% Pr

  8. Slide 8: Relevance of THC to Glaucoma

    Relevance of THC to Glaucoma • Cannabinoid receptors throughout the body play important role in managing many vital body functions • Eye is rich with cannabinoid receptors, specifically in tissues involved in managing fluid production and drainage as well as cells responsible for vision • THC and th

  9. Slide 9: Multiple Independent Studies Have Demonstrated THC's Ability to Lower IOP

    Multiple Independent Studies Have Demonstrated THC’s Ability to Lower IOP C o r p o r a t e P r e s e n t a t i o n I 2 0 2 1 P.9

  10. Slide 10: Challenges to THC as an Effective Treatment of Glaucoma

    Challenges to THC as an Effective Treatment of Glaucoma Systemic delivery • Requires relatively high dose to achieve therapeutic effect in the eye • Variable pharmacokinetics and pharmacodynamics • Poor oral bioavailability when ingested (<10% due to poor absorption) • Limited duration of effect whe

  11. Slide 11: SKYE's Approach Unlocks Therapeutic Value of THC

    SKYE’s Approach Unlocks Therapeutic Value of THC • Rational drug design and bioengineering used to develop a synthetic prodrug of THC, called THCVHS • Addition of Valine-Hemi-Succinate amide ester (VHS) to the THC molecule enhances aqueous solubility and surface polarity characteristics, enabling si

  12. Slide 12: THCVHS Lowers IOP Better than both Market Leaders

    THCVHS Lowers IOP Better than both Market Leaders • In a rabbit model, THCVHS achieves superior decline in IOP versus latanoprost and timolol • Superior duration of pharmacologic activity • Potential for once-daily dosing • Additional head-to-head studies against and in combination with Rhopressa (n

  13. Slide 13: THC Multi-factorial Mechanism of Action in the Eye

    THC-Multi-factorial Mechanism of Action in the Eye • In a 3D model of human trabecular meshwork tissues (responsible for fluid drainage), THC significantly lowered pressure and increased drainage in both healthy and disease-simulated tissue • THC treatment significantly reduced markers associated wi

  14. Slide 14: Not all Glaucoma Patients Have Elevated IOP

    Not all Glaucoma Patients Have Elevated IOP • Large proportion of glaucoma patients present with normal IOP, but still suffer % of glaucoma patients with normal IOP progressive damage to optic nerve cells and vision loss • Not clear what causes neurodegeneration of China Japan 78-92% optic nerve in

  15. Slide 15: Positioned for Value Creation

    Positioned for Value Creation Q3-21 Q1-21 Q1-22 First-in-human trial Preclinical optic in Australia nerve injury study Clinical trial to validate data neuroprotection 2021 2022 First human trial will be fast, low cost, and IND-enabling GLP repeat-dose include assessment of toxicity data intraocular

  16. Slide 16: SKYE in a Unique Competitive Position

    SKYE in a Unique Competitive Position SKYE has shown greater IOP lowering than market-leading glaucoma therapeutics Potential neuroprotection capabilities would be a game changer Key preclinical data (IOP/neuroprotection) by Q2-2021 First clinical trial: fast; low-cost; will include assessment of in

  17. Slide 17: Capitalization

    Capitalization Common Shares Outstanding 288.1 M Options & Warrants 179.6 M Convertible Debt Shares (As Converted Basis) 5 .1 M 2 Fully Diluted 472.8 M Market Cap $ 10.5 M 1 Base of Operations San Diego, CA * 1 Based on 21/01/05 OTCQB closing price of $.042 * 2 Based on $2,014,500 of outstanding pri

  18. Slide 18: Management: Focused Path to Data Outcomes

    Management: Focused Path to Data Outcomes PUNIT DHILLON – Chief Executive Officer, Chair RODERIC COLE, PhD – Head of Research & • Co-founded and led OncoSec Medical, a cancer Development immunotherapy company, through early • Principal, Blue Collar Scientific: preclinical drug development and a part

  19. Slide 19: Scientific Advisors & Board Directors Offer Expert Guidance

    Scientific Advisors & Board Directors Offer Expert Guidance Eminent experts in ophthalmology, research, and development applying their knowledge to SKYE’s mission ROBERT RITCH, MD JEFFERY GOLDBERG, MD, PhD LOUIS PASQUALE, MD EDUARDO MUNOZ, MD, PhD Professor of Ophthalmology, Mt. Sinai Professor of O

  20. Slide 20: To Learn More Please Contact

    TO L EAR N MOR E P L EAS E CON TAC T : Punit Dhillon Chief Executive Officer [E] [email protected] [P] 1.949.336.3437 Karam Takhar Vice President, OTCQB: SKYE Corporate Development & Investor Relations WWW.SKYEBIOSCIENCE.COM [E] [email protected] [P] 1.949.336.3437

Skye Bioscience — Investor Presentation (January 2021) on 6ix