Eagle Pharmaceuticals, Inc. · OTC:EGRX
Eagle Pharmaceuticals — Merger or Acquisition (March 2022)
32 slides from Eagle Pharmaceuticals's merger presentation, Mar 31, 2022
Slide 1: Investor Update 3/31/2022
CONFIDENTIAL AND INTERNAL © 2022 Eagle Pharmaceuticals, Inc. All rights reserved. 1 Investor Update 3/31/2022
Slide 2: Forward-Looking Statements
CONFIDENTIAL AND INTERNAL © 2022 Eagle Pharmaceuticals, Inc. All rights reserved. 2 Forward - Looking Statements This presentation contains “forward - looking statements” within the meaning of the Private Securities Litigation Reform Act of 19 95, as amended, and other securities laws. Forward - loo
Slide 3: Draft Agenda
CONFIDENTIAL AND INTERNAL © 2022 Eagle Pharmaceuticals, Inc. All rights reserved. 3 Draft Agenda 1 Eagle Strategic Update Scott Tarriff & Brian Cahill 8:30 – 8:45AM 2 BARHEMSYS ® & BYFAVO ® Overview Michael Moran & Michael Greenberg 8:45 – 9:05AM 3 Landiolol Overview Michael Moran & Michael Greenber
Slide 4: Eagle's Strategy is to Evolve into a Diversified, Branded Pharmaceutical Company
4 CONFIDENTIAL AND INTERNAL © 2022 Eagle Pharmaceuticals, Inc. All rights reserved. 4 CONFIDENTIAL AND INTERNAL © 2022 Eagle Pharmaceuticals, Inc. All rights reserved. Eagle’s Strategy is to Evolve into: A Diversified, Branded Pharmaceutical Company with Assets in Oncology + Acute Care Specialty Pha
Slide 5: Proposed Acacia Transaction Rationale
CONFIDENTIAL AND INTERNAL © 2022 Eagle Pharmaceuticals, Inc. All rights reserved. 5 Proposed Acacia Transaction Rationale Eagle’s proposed acquisition of Acacia is a significant step in our journey to become a leading pharmaceutical company focused on innovative hospital and oncology products x Oppo
Slide 6: Hospital Patient Volume is Slowly Returning
CONFIDENTIAL AND INTERNAL © 2022 Eagle Pharmaceuticals, Inc. All rights reserved. 6 Hospital Patient Volume is Slowly Returning with Physicians Expecting Volumes to Exceed Pre - COVID Levels in the 2 nd Half of 2022 92% 99% 100% 101% 106% Q4 2021 (Oct. - Dec.) Q1 2022 (Jan. - March) Q2 2022 (April -
Slide 7: Eagle Pharmaceuticals Financial Position, Portfolio & Pipeline
7 CONFIDENTIAL AND INTERNAL © 2022 Eagle Pharmaceuticals, Inc. All rights reserved. Eagle Pharmaceuticals Financial Position, Portfolio & Pipeline Share Buybacks $230M or 24% Net Working Capital of $98.2M Total Cash and Cash Equivalents $97.7M **Strategic collaboration with Tyme Technologies Strong
Slide 8: Proposed Transaction Details
CONFIDENTIAL AND INTERNAL © 2022 Eagle Pharmaceuticals, Inc. All rights reserved. 8 Proposed Transaction Details Transaction Terms • 75% cash, 25% stock transaction, values Acacia at approximately €94.7 million ($104 million) • Acacia shareholders would receive total consideration of €0.90 per share
Slide 9: Additional Financial Information
CONFIDENTIAL AND INTERNAL © 2022 Eagle Pharmaceuticals, Inc. All rights reserved. 9 Additional Financial Information Transaction expected to be earnings accretive in 2024 Eagle plans to continue Acacia’s post marketing commitments to FDA for Phase IV pediatric studies on BARHEMSYS and BYFAVO Acacia
Slide 10: BARHEMSYS and BYFAVO Overview
CONFIDENTIAL AND INTERNAL © 2022 Eagle Pharmaceuticals, Inc. All rights reserved. 10 10 BARHEMSYS ® and BYFAVO ® Overview
Slide 11: BARHEMSYS (amisulpride for injection)
CONFIDENTIAL AND INTERNAL © 2022 Eagle Pharmaceuticals, Inc. All rights reserved. 11 11 CONFIDENTIAL AND INTERNAL © 2022 Eagle Pharmaceuticals, Inc. All rights reserved. BARHEMSYS ® (amisulpride for injection) The first and only FDA - approved p r odu c t f o r P O N V r esc u e t r ea tme n t 1 1 F
Slide 12: BARHEMSYS and Potential PONV Commercial Opportunity
CONFIDENTIAL AND INTERNAL © 2022 Eagle Pharmaceuticals, Inc. All rights reserved. 12 BARHEMSYS ® and Potential PONV Commercial Opportunity • BARHEMSYS is the only FDA - approved drug for PONV rescue after failed prophylaxis 1 • Selective d opamine D 2 /D 3 antagonist with broad, differentiated label
Slide 13: Targeting PONV Rescue Market in the US
CONFIDENTIAL AND INTERNAL © 2022 Eagle Pharmaceuticals, Inc. All rights reserved. 13 Targeting PONV Rescue Market in the US Total estimated addressable market in PONV rescue $ 0 .7B per year 1 1 Based on m arket research performed by or for Eagle . ~70m surgical patients annually receive antiemetic
Slide 14: BARHEMSYS is the Only FDA-Approved Product for PONV Rescue
CONFIDENTIAL AND INTERNAL © 2022 Eagle Pharmaceuticals, Inc. All rights reserved. 14 BARHEMSYS ® is the Only FDA - Approved Product for PONV Rescue Antiemetic Can’t redose Efficacy issues Safety issues Current share of rescue patients Ondansetron ػ 1 69% Dexamethasone ػ 1 ػ 2 19% Metoclopramide ػ 1
Slide 15: BARHEMSYS – Compelling Commercial Potential
CONFIDENTIAL AND INTERNAL © 2022 Eagle Pharmaceuticals, Inc. All rights reserved. 15 BARHEMSYS – Compelling Commercial Potential Significant unmet need • Nausea more so than vomiting, worse than pain • Consensus Guidelines: “When PONV prophylaxis has failed, patients should receive antiemetic treatm
Slide 16: BYFAVO (remimazolam) for injection
CONFIDENTIAL AND INTERNAL © 2022 Eagle Pharmaceuticals, Inc. All rights reserved. 16 16 CONFIDENTIAL AND INTERNAL © 2022 Eagle Pharmaceuticals, Inc. All rights reserved. BYFAVO ® (remimazolam) for injection Rapid onset/offset procedural sedative with favorable safety profile
Slide 17: Procedural Sedation US Potential Addressable Market
CONFIDENTIAL AND INTERNAL © 2022 Eagle Pharmaceuticals, Inc. All rights reserved. 17 Procedural Sedation US Potential Addressable Market ~ 4 0 m illi on 1 procedures each year requiring sedation ~25 million GI procedures performed each year 2 >80% GI procedures have sedation administered by an anest
Slide 18: BYFAVO Addresses Unmet Need in Procedural Sedation
CONFIDENTIAL AND INTERNAL © 2022 Eagle Pharmaceuticals, Inc. All rights reserved. 18 BYFAVO Addresses Unmet Need in Procedural Sedation • Rapid onset and offset anesthetic with narrow therapeutic index 1 • Dose - related cardiorespiratory depression , pain at injection site 1 • Non - linear dosing e
Slide 19: Rapid Onset/Offset with a Favorable Safety Profile
CONFIDENTIAL AND INTERNAL © 2022 Eagle Pharmaceuticals, Inc. All rights reserved. 19 R ap i d O n s e t / O ff s e t w i t h a F av o r a bl e S a fe t y P r o file 1 13 19 6 4 0 BYFAVO Midazolam Minutes to fully alert after procedure Minutes to procedure start BYFAVO Midazolam Any adverse event 74%
Slide 20: BYFAVO – Compelling Commercial Proposition
CONFIDENTIAL AND INTERNAL © 2022 Eagle Pharmaceuticals, Inc. All rights reserved. 20 BYFAVO – Compelling Commercial Proposition Clear unmet need • No innovation in the sedation space for 20+ years • Customers seeking fast onset, titratable and rapid recovery for quick discharge • Shorter procedure t
Slide 21: Landiolol
CONFIDENTIAL AND INTERNAL © 2022 Eagle Pharmaceuticals, Inc. All rights reserved. 21 21 Landiolol
Slide 22: Landiolol – Investigational Drug Candidate in the US – Key Facts
CONFIDENTIAL AND INTERNAL © 2022 Eagle Pharmaceuticals, Inc. All rights reserved. 22 Landiolol – Investigational Drug Candidate in the US - Key Facts • Ultra - short acting cardioselective β1 - blocker • Rapid control – Supraventricular tachycardia – Ventricular rate • Simple intravenous dosing • Mu
Slide 23: US Potential Addressable Market Considerations
23 CONFIDENTIAL AND INTERNAL © 2022 Eagle Pharmaceuticals, Inc. All rights reserved. US Potential Addressable Market Considerations 305 , 788 Esmolol 1 , 201 , 377 Amiodarone 1 , 039 , 691 1 , 661 , 127 1 , 043 ,2 32 338 , 289 Arrhyth m ias Ischemia Operation (non cardiac, risk patients) Other (aort
Slide 24: Summary on Landiolol Potential Addressable Market
CONFIDENTIAL AND INTERNAL © 2022 Eagle Pharmaceuticals, Inc. All rights reserved. 24 Summary on Landiolol Potential Addressable Market • Landiolol, if approved by the FDA, is expected to get its volume sales from current Esmolol and Amiodarone (injectables) markets • Esmolol market (all injectables)
Slide 25: Landiolol Potentially Addresses an Important Unmet Clinical Need
CONFIDENTIAL AND INTERNAL © 2022 Eagle Pharmaceuticals, Inc. All rights reserved. 25 Landiolol Potentially Addresses an Important Unmet Clinical Need ● Plan to file NDA in May 2022 ● Seeking approval of landiolol for use in patients in whom it is necessary to safely and rapidly reduce heart rate – I
Slide 26: Landiolol Features from Clinical Data Expected to be in the NDA
CONFIDENTIAL AND INTERNAL © 2022 Eagle Pharmaceuticals, Inc. All rights reserved. 26 Landiolol Features from Clinical Data Expected to be in the NDA 1. Krumpl G, et al. Eur J Clin Pharmacol. 2017;73(4):417 - 428. 2. McKee JS, et al. Anesthesiology. 2014;121(6):1184 - 1193. 3. Shibata S, et al. J Pha
Slide 27: Landiolol Features from Clinical Data Expected to be in the NDA
CONFIDENTIAL AND INTERNAL © 2022 Eagle Pharmaceuticals, Inc. All rights reserved. 27 Landiolol Features from Clinical Data Expected to be in the NDA COPD, chronic obstructive pulmonary disease; CYP450, cytochrome P450 1. Landiolol. Summary of Product Characteristics, current version. 2. Krumpl G, et
Slide 28: Landiolol – Compelling Commercial Proposition
28 CONFIDENTIAL AND INTERNAL © 2022 Eagle Pharmaceuticals, Inc. All rights reserved. Landiolol – Compelling Commercial Proposition Potentially Substantial Commercial Opportunity – Potential to expand β - blocker market – Anticipated health economic benefits – Aligns with Eagle’s hospital - based sal
Slide 29: Question & Answer
CONFIDENTIAL AND INTERNAL © 2022 Eagle Pharmaceuticals, Inc. All rights reserved. 29 29 Question & Answer
Slide 30: Appendix
CONFIDENTIAL AND INTERNAL © 2022 Eagle Pharmaceuticals, Inc. All rights reserved. 30 30 Appendix
Slide 31: BARHEMSYS Indications and ISI
CONFIDENTIAL AND INTERNAL © 2022 Eagle Pharmaceuticals, Inc. All rights reserved. 31 BARHEMSYS Indications and ISI Indication BARHEMSYS is a selective dopamine - 2 (D 2 ) and dopamine - 3 (D 3 ) receptor antagonist indicated in adults for: • prevention of postoperative nausea and vomiting (PONV), ei
Slide 32: BYFAVO Indication and ISI
CONFIDENTIAL AND INTERNAL © 2022 Eagle Pharmaceuticals, Inc. All rights reserved. 32 BYFAVO Indication and ISI Indication BYFAVO is a benzodiazepine indicated for the induction and maintenance of procedural sedation in adults undergoing procedures lasting 30 minutes or less. Important Safety Informa
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