Alnylam Pharmaceuticals, Inc. · NASDAQ:ALNY
Alnylam Pharmaceuticals — Investor Presentation (June 2013)
39 slides from Alnylam Pharmaceuticals's investor presentation, June 2013
Slide 1: Corporate Overview June 2013
Corporate Overview June 2013
Slide 2: Alnylam Forward Looking Statements
Alnylam Forward Looking Statements This presentation contains forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. There are a number of important factors that could cause actual results to differ material
Slide 3: RNA Interference (RNAi): A New Class of Innovative Medicines
RNA Interference (RNAi) A New Class of Innovative Medicines RNAi Therapeutics Harness natural pathway » Catalytic mechanism » Mediated by small interfering RNA or “siRNA” Treat disease with therapeutic gene silencing » Any gene in genome » Unique opportunities for innovative medicines Clinical
Slide 4: RNAi Human Translation Achieved
RNAi Human Translation Achieved Multiple Alnylam Therapeutic Programs 1. Human Safety and PK 2. Human Proof of Mechanism >575 Subjects/patients enrolled overall RNAi Cleavage Pre- ALN-VSP Systemic delivery in human trials » >100 Patients dosed » >325 Doses administered » >2 Years of dosing Post-
Slide 5: Alnylam 5x15: Focused Product Development Pipeline
Alnylam 5x15 TM Focused Product Development Pipeline for Innovative Medicines RNAi for genetically defined disease as core strategy 5 Key products in clinical development through 2015 Product characteristics Genetically defined target/disease Existing Alnylam delivery platform Phase I proof
Slide 6: Commercialization Strategy for Value Creation
Alnylam 5x15 TM Commercialization Strategy for Value Creation Commercialization strategy to maximize value High unmet need indications with concentrated market access and strong patient advocacy » Commercialize in North and South America, Europe, and other territories » Selectively partner in Japa
Slide 7: Transthyretin-Mediated Amyloidosis (ATTR) Program
Transthyretin-Mediated Amyloidosis (ATTR) Program Unmet Need and Product Opportunity RNAi to treat genetic disease ATTR is significant orphan disease » ~50,000 Patients worldwide Clinical pathology » Onset ~40 to >60 yr » Two predominant forms – Familial amyloidotic polyneuropathy (FAP) – Famili
Slide 8: Transthyretin (TTR) and ALN-TTR Program
Transthyretin (TTR) and ALN-TTR Program Phe33Cys Ala45Asp Ser77Phe Leu12Pro Phe33Ile Ala45Ser Ser77Thy Phe33Leu Leu111Met Ala45Thr Gly53Glu Phe33Val Ala97Gly Glu61Lys Ala120Ser Pro24Ser Glu51Gly Ala97Ser Asp38Ala Ile73Val Ile68Leu Ala91Ser Ile107Val Thr118Met Val20Ile Glu42Asp Leu55Arg Val28Met Gly6
Slide 9: TTR Knockdown and Clinical Outcomes
TTR Knockdown and Clinical Outcomes Rationale for Expected Benefit ~50% Lowering in AL Amyloidosis TTR knockdown is validated endpoint ~50% Knockdown in other systemic amyloidoses » Disease improvement or stabilization Elimination of mutant TTR following liver transplantation » Disease improveme
Slide 10: ALN-TTR02: Familial Amyloidotic Polyneuropathy
ALN-TTR02 Familial Amyloidotic Polyneuropathy (FAP) ALN-TTR02 in clinical development Intravenous delivery Orphan drug status in US and EU Positive clinical results in human volunteer Phase I study Phase II ongoing in ATTR patients » Data at Peripheral Nerve Society, June 29 – July 3, 2013
Slide 11: ALN-TTR02 Phase I Study Results
ALN-TTR02 Phase I Study Results Rapid, dose-dependent, durable, specific, and RNAi-mediated TTR knockdown Randomized, placebo-controlled, single-blind, single-dose escalation study in healthy volunteers (n=17) Up to 94% TTR knockdown at nadir and 77% knockdown sustained at 28 days RNAi mechani
Slide 12: ALN-TTR02 Phase I Safety and Tolerability
ALN-TTR02 Phase I Study Results Safety and Tolerability – Overall AEs ≥10% Overall 0.01 0.05 0.15 0.30 0.50 ALN-TTR02 Placebo (n=3) (n=3) (n=3) (n=3) (n=1) (N=13) (N=4) Preferred Term n (%) n (%) n (%) n (%) n (%) n (%) n (%) Skin erythema 1 (33.3%) 2 (66.7%) 0 (0%) 2 (66.7%) 1 (100%) 6 (46%) 2 (50%
Slide 13: ALN-TTR02 Phase II Study
ALN-TTR02 Phase II Study Study Design Open-label, multi-center, multi-dose, dose-escalation study ~30 ATTR FAP patients » Additional cohorts with once-every-three week dosing regimen and reduced steroid pre-medication regimen Primary Objective Safety and tolerability Clinical activity » Circ
Slide 14: ALN-TTR02 Multi-Dose Pharmacology
ALN-TTR02 Multi-Dose Pharmacology Data from Ongoing 6-Dose Non-Human Primate Study Monthly dosing of ALN-TTR02 achieves robust TTR knockdown Ongoing NHP multi-dose study provides key data for dose/dose regimen selection in Phase III Nadir TTR levels of >85% with evidence for cumulative knockdown
Slide 15: ALN-TTRsc: Familial Amyloidotic Cardiomyopathy
ALN-TTRsc Familial Amyloidotic Cardiomyopathy (FAC) ALN-TTRsc in clinical development Subcutaneous delivery Completed GLP tox studies confirming wide therapeutic index » No injection site reactions Phase I study initiated » Normal healthy volunteer study in UK » Phase I data expected mid-2013
Slide 16: ALN-TTRsc Pre-Clinical Efficacy: Non-Human Primate
ALN-TTRsc Pre-Clinical Efficacy Non-Human Primate SC administration of ALN-TTRsc results in robust and sustained TTR suppression ~80% Suppression at doses as low as 2.5 mg/kg Nadir knockdown at ~day 14; sustained suppression with weekly maintenance dose Recovery to baseline levels >40 days fro
Slide 17: ALN-TTRsc Pre-Clinical Efficacy: Transgenic Mice
ALN-TTRsc Pre-Clinical Efficacy ATTR Disease Model: hTTR V30M Transgenic Mice -40 Control siTTRsc siTTRsc Dose Group (mg/kg) Control 25.0 5.0 2.5 25.0 DRG -20 % Mean Serum TTR Knockdown 0 Nerve 20 40 Stomach 60 80 Colon 100 0 10 20 30 40 50 60 70 80 90 Days siTTRsc, qw x12 17 Oligo Ther Soc., Oct 20
Slide 18: ALN-TTRsc Phase I Study
ALN-TTRsc Phase I Study Study Design Randomized, double-blind, placebo-controlled, single- and multi-dose, dose-escalation study Up to 40 healthy volunteer subjects Primary Objective Safety and tolerability » Subcutaneously administered single and multiple doses Secondary Objective Assessmen
Slide 19: ALN-TTR02 and ALN-TTRsc Commercial Opportunity
ALN-TTR02 and ALN-TTRsc Commercial Opportunity Potentially transformative approach for progressive, fatal disease Orphan disease with significant unmet need ALN-TTR is a breakthrough, disease-modifying treatment approach » >80% knockdown of disease-causing TTR protein with single dose » Rapid an
Slide 20: Hemophilia and Rare Bleeding Disorders Program
Hemophilia and Rare Bleeding Disorders Program Unmet Need and Product Opportunity RNAi to treat hemophilia and rare bleeding disorders (RBD) Hemophilias are recessive X-linked monogenic bleeding disorders » Hemophilia A: loss of function in Factor VIII – >40,000 Patients in EU/US » Hemophilia B: l
Slide 21: Antithrombin and ALN-AT3 Program
Antithrombin and ALN-AT3 Program Antithrombin (AT) is genetically defined target Intrinsic system Extrinsic system AT (also known as “antithrombin III”) Hemophilia B FVIIa FVII defines key natural anticoagulant pathway FIXa FX FIX » Inactivates factors Xa and thrombin » Attenuates thrombin generat
Slide 22: ALN-AT3 Pre-Clinical Efficacy
ALN-AT3 Pre-Clinical Efficacy ALN-AT3 SC administration results in potent and durable AT knockdown and efficacy in hemophilia models Potent activity in animal models; multi-dose ED50 for AT knockdown <0.75 mg/kg Nadir knockdown at ~day 10, with effects lasting over 25 days after single dose Ef
Slide 23: ALN-AT3 Pre-Clinical Efficacy: Non-Human Primate
ALN-AT3 Pre-Clinical Efficacy Non-Human Primate ALN-AT3 SC administration results in potent AT knockdown and increased thrombin generation Multi-dose ED80 for AT knockdown achieved at 0.5 mg/kg; estimate ED50 at 0.15-0.3 mg/kg Increase in ex vivo thrombin generation with up to 4x increase in pea
Slide 24: ALN-AT3 Commercial Opportunity
ALN-AT3 Commercial Opportunity Significant potential for new therapeutic approach in hemophilia and rare bleeding disorders Differentiated product with SC dosing that could change disease management by re-balancing coagulation system Hemophilia A and B represent >$6 Billion market » Premium pric
Slide 25: Acute Intermittent Porphyria (AIP) Program
Acute Intermittent Porphyria (AIP) Program Unmet Need and Product Opportunity AIP is autosomal dominant disorder Ultra-rare orphan disease Loss of function mutations in porphobilinogen deaminase, key step in heme synthesis » ~5,000 Patients with annual attacks US/Europe » ~500 Patients with recu
Slide 26: Aminolevulinate Synthase-1 and ALN-AS1 Program
Aminolevulinate Synthase-1 and ALN-AS1 Program Glycine Succinyl CoA ALN-AS1 Aminolevulinate synthase-1 (ALAS-1) is key regulator of pathway ALA Synthase d-Aminolevulinic acid (ALA) ALAS-1 rate-limiting enzyme in ALA Dehydratase heme synthesis Porphobilinogen (PBG) PBGD deficiency results in PBG
Slide 27: ALN-AS1 Pre-Clinical Efficacy
ALN-AS1 Pre-Clinical Efficacy RNAi mediated silencing of ALAS-1 results in potent, rapid, dose-dependent, and durable suppression of toxic heme biosynthesis intermediates that cause symptoms and disease pathology of AIP Following induction, ALAS-1 silencing completely blocks ALA and PBG in both tr
Slide 28: Additional Programs (I)
Alnylam 5x15 TM Additional Programs (I) Hypercholesterolemia ALN-PCS Significant unmet medical need Targets both intracellular and » Elevated LDL-C (“bad” cholesterol) extracellular PCSK9 is validated risk factor for coronary Efficacy in multiple pre-clinical artery disease and MI animal model
Slide 29: ALN-PCS Phase I Study Results
ALN-PCS Phase I Study Results Pharmacodynamics and Clinical Efficacy PCSK9 knockdown and LDL-C reduction after single dose without statins Randomized, placebo-controlled, single dose escalation study in healthy volunteers with elevated LDL (n=32) Rapid, dose-dependent, and durable knockdown of P
Slide 30: ALN-CC5 Pre-Clinical Efficacy
ALN-CC5 Pre-Clinical Efficacy Efficient Hemolysis Inhibition in Rat Hemolytic Activity C5 Western Blot 5.0 mg/kg 2.5mg/kg PBS 100 C5 80 0 4 7 14 18 25 32 % Hemolysis Day of Study 60 40 20 Subcutaneous dosing Efficient serum C5 lowering 0 0 5 10 15 20 25 30 35 ~90% Hemolytic activity inhibition
Slide 31: Additional Programs (II)
Alnylam 5x15 TM Additional Programs (II) Beta-thalassemia and ALN-TMP Iron-overload Disorders Targets transmembrane Need for disease-modifying protease, serine 6 (TMPRSS6) therapy in beta-thalassemia, for hepcidin activation improve anemia and manage iron Efficacy in pre-clinical animal levels
Slide 32: Alnylam 5x15 Programs: Definable Clinical Paths
Alnylam 5x15 Programs TM Definable Clinical Paths with Phase I POC Gene Tissue Human Genetic Program Target Expression Validation ALN-TTR Transthyretin Liver ALN-AT3 Antithrombin Liver Aminolevulinate ALN-AS1 synthase-1 Liver ALN-PCS PCSK9 Liver Complement ALN-CC5 component 5 Liver ALN-TMP
Slide 33: Alnylam 5x15 Programs: Phase I POC
Alnylam 5x15 Programs TM Definable Clinical Paths with Phase I POC Advanced Program Indication: Unmet Need Phase I POC Development • TTR ATTR: Significant morbidity and mortality 45-60 yrs of FAP: Improvement in ALN-TTR • Vitamin A age with neuropathy and cardiomyopathy neuropathy score • Retinol bi
Slide 34: Alnylam 5x15 Development Pipeline
Alnylam 5x15 Development Pipeline Discovery Development Phase I Phase II Phase III ALN-TTR02 TTR-Mediated Amyloidosis Japan/Asia Pacific ALN-TTRsc Hemophilia and ALN-AT3 Rare Bleeding Disorders Acute Intermittent Porphyria ALN-AS1 Hypercholesterolemia ALN-PCS Complement-Mediated Diseases ALN-CC5 Bet
Slide 35: Financials and Goals
Financials and Goals 35 a ZL Alnylam
Slide 36: Financial Summary
Financial Summary 2013 Q1 Financial Results Cash ~$401M GAAP Revenues ~$18.6M » Cubist, Takeda, Monsanto, The Medicines Company, and other licenses GAAP Operating Expenses ~$28.4M Shares Outstanding ~62M 2013 Guidance Year-end Cash >$320M 36
Slide 37: Alnylam Goals: Pipeline Goals 2013-2014
Pipeline Goals 2013-2014 Alnylam Goals 2013 Early Mid Late 2014 Phase II data ALN-TTR02 Phase III FAP start Ext study data Ext study start ALN-TTRsc Phase I start Phase I data Phase II start Phase III FAC start ALN-AT3 IND filing Phase I start Phase I data ALN-AS1 Pre-clin POC Dev candidate IND
Slide 38: Scientific Meetings
Scientific Meetings Mid-Year 2013 Biennial Meeting of the Peripheral Nerve Society ALN-TTR02 » June 29 – July 3 in St. Malo, France (Pres: Sunday, June 30) Congress of the International Society on Thrombosis and ALN-AT3 Haemostasis » June 29 – July 4 in Amsterdam (Pres: Tuesday, July 2) ALN-AS1
Slide 39: Thank You
WL Alnylarn. Thank You www.alnylam.com
Alnylam Pharmaceuticals — Investor Presentation (June 2013) on 6ix