Silence Therapeutics PLC · NASDAQ:SLN

Silence Therapeutics — Investor Day (November 2017)

95 slides from Silence Therapeutics's investor day presentation, Nov 14, 2017

  1. Slide 1: Welcome

    Capital Markets Day, 14 November 2017 Welcome Dr Annalisa Jenkins, MBBS FRCP Chair of the Board

  2. Slide 2: Forward looking statements

    Forward looking statements The information contained in this presentation is being supplied and communicated to you on a Securities in the Company have not been, and will not be, registered under the United States confidential basis solely for your information and may not be reproduced, further dist

  3. Slide 3: About me

    About me My background Chief Executive Officer Head of Global R&D SVP, Head Global Surgeon lieutenant Medical Affairs commander Why did I join Silence Therapeutics? > Excited about the technology > An opportunity to support a great team > A passion for making a difference for patients living with se

  4. Slide 4: “The year of RNAi” – The field

    “The year of RNAi” – The field > Many years of academic and industry scientific research to date unlocking new opportunities > Effective delivery now realised in the clinic > First positive siRNA Phase 3 readout (Patisiran), validating the field > Several other late-stage clinical candidates making

  5. Slide 5: “The year of RNAi” – Silence

    “The year of RNAi” – Silence Key milestones in 2017 > Established a competitive GalNAc-siRNA platform technology and advanced our pipeline toward the clinic (first IND/CTA filing planned in Q4 2018) > Licensee Quark Pharmaceuticals reported positive Phase 2 results in Acute Kidney Injury and continu

  6. Slide 6: Introduction and company strategy

    Capital Markets Day, 14 November 2017 Introduction and company strategy Ali Mortazavi Chief Executive Officer

  7. Slide 7: Our key assets

    Our key assets > Powerful, reproducible and modular platform technology > Therapeutic pipeline > Validated foundational Intellectual Property in RNAi, which has been licensed (to Quark Pharmaceuticals) and we believe has potential for future licences > Business plan and strategy in place to maximise

  8. Slide 8: We are R&D focused…

    We are R&D focused… Finance BD R&D HR IP/ legal … with the management and support structures in place to drive execution © Silence Therapeutics 2017 8

  9. Slide 9: GalNAc-siRNA medicines

    GalNAc-siRNA medicines Schematic structure of our therapeutic molecules: Linker Binds siRNA to delivery moiety Chemical A C G U U C G A C C G A A G U C A modifications U G C A A G C U G G C U U C A G U siRNA GalNAc (N-Acetylgalactosamine) Mediates gene silencing Mediates targeted delivery to hepatoc

  10. Slide 10: Our core capability

    Our core capability Platform technology: GalNAc-siRNA, able to mediate highly specific gene silencing in hepatocytes (liver) – “Specificity upon specificity” ~7,000 genes operate in the liver. We can target any of them by adapting the siRNA sequence, using the same technology Target 1 Target 2 Targe

  11. Slide 11: Advantageous properties of our medicines

    Advantageous properties of our medicines > Subcutaneous administration, patient friendly > Long duration of action (variable depending on target gene) > Well tolerated > Our GalNAc-siRNA medicines are suitable for a wide range of indications Target KD induction Trend toward recovery to baseline leve

  12. Slide 12: Intellectual property – Pioneers in siRNA chemical modification technology

    Intellectual property – Pioneers in siRNA chemical modification technology We have 13 granted patents and 5 patent applications encompassing our foundational chemical modification technology in US and Europe Modified siRNA (example) > IP validation: Silence granted a licence in 2005 to Quark Pharmac

  13. Slide 13: Pipeline strategy

    Pipeline strategy Key criteria Target nomination Pipeline strategy > In-depth analysis and Hepatocyte KOL survey expression Business Development > Defined Target team Product Profile (TPP) Validated role in disease Clinical feasibility Target Selection R&D team team Commercially viable © Silence The

  14. Slide 14: Platform strategy

    Platform strategy ~7,000 accessible gene targets… We have the technology and the team to discover and develop a wide range of therapeutics Target & Indication In silico In vitro KD POM* Disease pPOC** NCD, CMC, CTA*** Phase I ... Selection selection screen in vivo models Regulatory Cost: $ $ $ $ $ W

  15. Slide 15: Summary

    Summary We have a powerful drug development platform with a tangible business strategy and the team to execute it © Silence Therapeutics 2017 15

  16. Slide 16: Today’s agenda

    Today’s agenda > Operational and platform technology overview Dr Torsten Hoffmann, Chief Operating Officer > Pipeline update: selected programmes in preclinical development Dr Ulrich Zuegel, Head of Preclinical Drug Discovery > Technology innovation Dr Dmitry Samarsky, Chief Scientific Officer > Pan

  17. Slide 17: Operational & Technology Overview

    Capital Markets Day, 14 November 2017 Operational & Technology Overview Torsten Hoffmann, PhD Chief Operating Officer

  18. Slide 18: Outline

    Outline 1 Organisational evolution 2 R&D operational setup 3 GalNAc-siRNA platform technology 4 Accelerating our timelines © Silence Therapeutics 2017 18

  19. Slide 19: Organisational evolution

    Organisational evolution © Silence Therapeutics 2017 19

  20. Slide 20: Building a strong pipeline through the creation of a highly functional R&D organisation

    Building a strong pipeline through the creation of a highly functional R&D organisation Diverse Decision to focus on technologies GalNAc-siRNA platform Building a GalNAc-siRNA therapeutic portfolio (CRISPR, mRNA, siRNA with LNP) Outsourcing routine work 2015 2016 2017 2018 Technology- Drug Discovery

  21. Slide 21: 2017 additions to our experienced team

    2017 additions to our experienced team > Biopharma thought leader, 20 years of industry experience Dr Annalisa Jenkins, MBBS FCRP > President and CEO at Dimension Therapeutics since 2014 Non-Executive Chair > Head of global R&D at Merck Serono 2011-14 > Several leadership roles at BMS 1997-2011 10/2

  22. Slide 22: R&D operational setup

    R&D operational setup © Silence Therapeutics 2017 22

  23. Slide 23: Silence Therapeutics R&D facilities in Berlin

    Silence Therapeutics R&D facilities in Berlin R&D in > Lean and agile organisation Berlin > 26 FTEs in R&D > 1,100 sqm laboratory & office space > State-of-the-art laboratories for siRNA synthesis, cellular & molecular pharmacology and innovation © Silence Therapeutics 2017 23

  24. Slide 24: Evolving modular R&D capabilities

    Evolving modular R&D capabilities In place Recently established To be established Non-clinical Drug CMC Develop- Regulatory Discovery ment Finance, Clinical Out- BD, HR, IP QA for CMC Develop- sourcing & legal ment Completed R&D reorganisation Technology > Reducing headcount and Innovation > Increas

  25. Slide 25: R&D with focus on portfolio and innovation

    R&D with focus on portfolio and innovation Technology Drug Discovery & Innovation Development > Improve performance of > Build proprietary our GalNAc-siRNA therapeutic portfolio by molecules applying validated siRNA > Strengthen and broaden technologies IP portfolio > Partner programmes in a > Expan

  26. Slide 26: Outsourcing routine work and disease models

    Outsourcing routine work and disease models Research Development Lead ID & Profiling Preclinical Clinical Target & Indication Start In silico In vitro KD POM* Disease NCD, CMC, pPOC** CTA*** Phase I Selection selection screen in vivo models Regulatory Lead identification In vivo POM NCD, CMC, Regula

  27. Slide 27: GalNAc-siRNA platform technology

    GalNAc-siRNA platform technology © Silence Therapeutics 2017 27

  28. Slide 28: How do siRNA medicines work?

    How do siRNA medicines work? 1 mRNA sequence for target gene X mRNA RNA interference is > A Nobel prize-winning 2 discovery siRNA designed specifically against siRNA > A natural pathway that can target gene X be harnessed to inhibit the expression of disease- mRNA causing genes without 3 altering DN

  29. Slide 29: Field leading IP position in modified siRNA

    Field leading IP position in modified siRNA - importance of siRNA chemical modification Unmodified siRNA > Chemical modifications of siRNAs are required to > Prevent degradation > Increase stability and potency > Reduce immune stimulation > Silence has been pioneering advanced chemical Modified siRN

  30. Slide 30: GalNAc-siRNA molecules

    GalNAc-siRNA molecules Linker siRNA GalNAc gene silencing hepatocyte targeting Advantages of GalNAc-siRNA technology > GalNAc targets therapeutic siRNA molecules specifically to hepatocytes > Highly specific by targeting a single gene > Patient-friendly via infrequent subcutaneous administration > E

  31. Slide 31: Gene silencing with GalNAc-siRNAs in hepatocytes

    Gene silencing with GalNAc-siRNAs in hepatocytes extracellular intracellular Endosomal Escape Recognition & binding GalNAc-siRNA Recycling ASGPR Receptor (ASGPR) RNAi RISC AAA Target mRNA silencing > Intracellular delivery mediated through receptor endocytosis © Silence Therapeutics 2017 31

  32. Slide 32: Competitive GalNAc-siRNA performance observed in higher species

    Competitive GalNAc-siRNA performance observed in higher species Study design Day -7 0 4 7 14 ..weekly.. 91 SC, n=4 Cynomolgus monkeys Target protein (serum) > No altered pro- inflammatory cytokines > No skin reactions > No behavioural changes Well tolerated in higher species > Durable target inhibit

  33. Slide 33: Continued expansion of our IP portfolio

    Continued expansion of our IP portfolio In addition to our patent estate protecting our fundamental chemical modification technology, we strengthened our GalNAc-siRNA IP portfolio by filing the following patent applications in 2017: > Several lead sequences > 2 linker chemistries > 6 RNAi constructs

  34. Slide 34: Current pipeline

    Current pipeline >Building a proprietary portfolio, two projects advanced into preclinical development © Silence Therapeutics 2017 34

  35. Slide 35: Accelerating our timelines

    Accelerating our timelines © Silence Therapeutics 2017 35

  36. Slide 36: From target selection to clinical trial initiation

    From target selection to clinical trial initiation Lead ID & Profiling Preclinical Clinical Target & Indication Start In silico In vitro KD POM Disease NCD, CMC, pPOC CTA Phase I Selection selection screen in vivo models Regulatory Ways to further accelerate our timelines > Bioinformatics: earlier &

  37. Slide 37: Bridging in vitro to in vivo using human primary hepatocyte spheroid cultures

    Bridging in vitro to in vivo using human primary hepatocyte spheroid cultures 3D vs 2D hepatocyte culture > Liver-specific physiology & gene expression patterns > Long living organoid structures > Extended functional ASGPR expression (up to 12 d vs. 4 h) > Repeated treatments possible Spheroid cultu

  38. Slide 38: Strategic collaboration with Hesperos - Human “Organ-on-a-chip“

    Strategic collaboration with Hesperos - Human “Organ-on-a-chip“ 4-organ chip > Single microfluidic system in vitro > Assessment of therapeutic index in 4-organ chip system • Functional mRNA silencing 10-organ chip for efficacy • On-target and off-target side effect profile > Extendable to 10-organ c

  39. Slide 39: Summary and outlook

    Summary and outlook > Transitioned from a technology oriented company to a focussed GalNAc-siRNA conjugation therapeutics company > Restructured R&D and outsourced all routine work to trusted partners > Consolidated a Drug Discovery unit and built a prioritised and competitive portfolio of therapeut

  40. Slide 40: Selected programmes in Preclinical Development

    Capital Markets Day, 14 November 2017 Selected programmes in Preclinical Development Ulrich Zügel, PhD Head Preclinical Drug Discovery

  41. Slide 41: Programmes presented today

    Programmes presented today SLN124 SLN226 © Silence Therapeutics 2017 41

  42. Slide 42: SLN124 Iron overload disorders

    SLN124 for the treatment of Iron overload disorders © Silence Therapeutics 2017 42

  43. Slide 43: SLN124 for the treatment of iron overload disorders

    SLN124 for the treatment of iron overload disorders Goal: >Provide an effective & safe novel treatment option for patients with iron overload conditions, such as β-Thalassemia Rationale: >Target a key modulator in iron regulation with a GalNAc-siRNA molecule providing a highly specific, effective &

  44. Slide 44: Iron overload disorders

    Iron overload disorders Affected organs by iron overload Diseases with iron overload > β-Thalassemia > Hereditary Haemochromatosis > Myelodysplastic Syndrome > Aplastic Anaemia > Sideroblastic Anaemia If untreated, iron accumulation ! in organs leads to severe damage, e.g. heart, liver & endocrine o

  45. Slide 45: β-Thalassemia facts

    β-Thalassemia facts > Rare blood disorder caused by mutations in the β globin gene > Depending on the mutations, patients present ineffective erythropoiesis and chronic haemolytic anaemia > Many β-Thalassemia intermedia and all β-Thalassemia major patients require transfusions to correct anaemia > D

  46. Slide 46: Medical need in β-Thalassemia

    Medical need in β-Thalassemia > If untreated, β-Thalassemia major is Transfusions Chelators lethal within the first years of life > β-Thalassemia intermedia & major patients depend on blood transfusions Limitations: & lifelong chelation therapy Daily > Toxicity > Lack of compliance Every Limitations

  47. Slide 47: Market opportunity of SLN124 (US & Europe)

    Market opportunity of SLN124 (US & Europe) NTDT - β-Thalassemia intermedia > Monotherapy to delay onset of severe symptoms > Reduce dietary iron overload & subsequent organ damage 40,000 20,000 TDT NTDT TDT - β-Thalassemia intermedia & major > Combination with transfusions & chelators to reduce freq

  48. Slide 48: TMPRSS6 is a negative regulator of hepcidin and plays a key role in iron homeostasis

    TMPRSS6 is a negative regulator of hepcidin and plays a key role in iron homeostasis Normal hepcidin levels control iron release Low hepcidin levels, as in β-Thalassemia from cellular stores & intestinal uptake result in high iron levels & overload in organs Liver Duodenal Enterocytes Liver Duodenal

  49. Slide 49: Effective TMPRSS6 mRNA knockdown in primary hepatocytes

    Effective TMPRSS6 mRNA knockdown in primary hepatocytes >Bioinformatic-based selection of siRNA sequences by proprietary algorithm and screen for functional activity >Various sequences identified which potently inhibit TMPRSS6 mRNA expression in target cells Human primary hepatocytes > Receptor medi

  50. Slide 50: Silencing TMPRSS6 lowers serum iron levels in mice

    Silencing TMPRSS6 lowers serum iron levels in mice Study design d1 d4 SC, n=4-6 mice TMPRSS6 mRNA (liver) Hepcidin mRNA (liver) Iron (serum) 4 40 N o r m a lis e d T M P R S S 6 m R N A N o r m a lis e d H e p c id in m R N A 1 .0 S e r u m ir o n [µ m o l/L ] 3 30 2 20 0 .5 1 10 0 .0 0 0 10 1 3 1 0

  51. Slide 51: SLN124 lowers iron levels for at least 6 weeks after single administration in mice

    SLN124 lowers iron levels for at least 6 weeks after single administration in mice Study design d1 wk 1 wk 3 wk 6 3 mg/kg SC, n=4 mice TMPRSS6 mRNA (liver) Iron (serum) 40 N o r m a lis e d T M P R S S 6 m R N A 1 .0 S e ru m iro n [µ m o l/L ] 30 20 0 .5 10 0 .0 0 1 1 3 6 w eeks 1 1 3 6 weeks PBS T

  52. Slide 52: Sustained reduction of circulating iron levels in non-human primates

    Sustained reduction of circulating iron levels after single administration in non-human primates Study design Day 1 8 22 29 43 57 71 SC, n=4 Cynomolgus monkeys Iron (plasma) P la s m a Ir o n [ % P r e d o s e ] 125 100 V e h ic l e 75 1 m g /k g S L N 1 2 4 50 3 m g /k g S L N 1 2 4 1 0 m g /k g S

  53. Slide 53: Therapeutic activity of SLN124 in an iron overload model (HFE -/- mice) - 1/2

    Therapeutic activity of SLN124 in an iron overload model (HFE -/- mice) - 1/2 Collaboration with Study design d1 wk 3 Prof. Dr. Martina Muckenthaler Heidelberg University, Germany SC, n=6-7 mice TMPRSS6 mRNA (liver) Hepcidin (serum) Iron (serum) 2 .0 800 N o r m a lis e d T M P R S S 6 m R N A S e r

  54. Slide 54: Therapeutic activity of SLN124 in an iron overload model (HFE -/- mice) - 2/2

    Therapeutic activity of SLN124 in an iron overload model (HFE -/- mice) - 2/2 Collaboration with Prof. Dr. Martina Muckenthaler Heidelberg University, Germany Transferrin saturation Haemoglobin Mean corpuscular volume M e a n c o r p u s c u la r v o lu m e [ µ m ] 3 19 60 % T r a n s f e r r in S a

  55. Slide 55: SLN124 normalizes ROS species & improves RBC parameters in b-Thalassemia disease model

    SLN124 normalizes ROS species & improves RBC parameters in b-Thalassemia disease model Study design Collaboration with d1 wk 2 wk 5 Prof. J. Vadolas & Dr. Grigoriadis Monash Medical Centre/Melbourne, Australia SC, n=6-8 Hbbth3/+ mice Reactive oxygen species (ROS) Reticulocyte proportion Haematocrit

  56. Slide 56: Feedback by key opinion leaders on SLN124

    Feedback by key opinion leaders on SLN124 International KOL workshop with clinical and regulatory experts in the field of iron overload disorders > High medical need to reduce iron overload and number of transfusions in patients > Not met by currently available therapies > SLN124 has the potential t

  57. Slide 57: SLN124 development timelines – key milestones

    SLN124 development timelines – key milestones Candidate Pilot batch release Sterile nomination manufacture GMP release 2017 2018 2019 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Start DRF Start GLP tox IND/CTA filing EIH KOL meeting On track for CTA filing 15 months after candidate selection © Silence Therapeutics 2017

  58. Slide 58: Summary SLN124

    Summary SLN124 > Highly potent, selective and long acting GalNAc-siRNA > Efficacious in lowering blood iron and well tolerated in healthy mice & non-human primates after single subcutaneous administration > Demonstrated therapeutic efficacy in clinically relevant animal disease models > Currently in

  59. Slide 59: SLN226 Alcohol use disorder

    SLN226 for the treatment of Alcohol use disorder © Silence Therapeutics 2017 59

  60. Slide 60: SLN226 for the treatment of alcohol use disorder

    SLN226 for the treatment of alcohol use disorder Project Goal: >Provide an effective & safe novel treatment option for patients with alcohol use disorder (AUD) Rationale: >Target ALDH2, a validated target for alcohol aversion therapy, with a GalNAc- siRNA molecule providing a highly specific, effect

  61. Slide 61: Alcohol use disorder facts - 1/2

    Alcohol use disorder facts - 1/2 Long term effects of alcohol abuse Consequences of alcohol abuse > Liver damage > Cardiovascular complications > Gastrointestinal damage > Central & peripheral neurological symptoms > Anxiety, depression, suicidal tendencies > Negative impact on social life Alcohol a

  62. Slide 62: Alcohol use disorder facts - 2/2

    Alcohol use disorder facts - 2/2 > Chronic alcohol abuse leads to alcoholic liver disease (ALD) – spectrum of conditions including hepatitis and cirrhosis which may eventually require liver transplantation > One third of all liver transplants due to ALD (~4,000 per year); 6-month abstinence rule whi

  63. Slide 63: Market opportunity of SLN226 (US & Europe)

    Market opportunity of SLN226 (US & Europe) Patients urgently requiring abstinence > 20-33% liver transplants due to alcohol abuse alone or in 40,000 combination with viral infection Requiring abstinence > Potentially a similar number of patients on the waiting list needing abstinence support 8,000,0

  64. Slide 64: ALDH2 is the key alcohol metabolising enzyme

    Aldehyde dehydrogenase 2 (ALDH2) is the key alcohol metabolising enzyme >ALDH2 is ubiquitously expressed >Liver is the key organ for ethanol detoxification by ALDH2 >ALDH2 is rate limiting enzyme in the ethanol metabolic pathway Ethanol Validated target ADH > Clinically: ALDH inhibitors Acetaldehyde

  65. Slide 65: Robust ALDH2 mRNA knockdown in primary hepatocytes

    Robust ALDH2 mRNA knockdown in primary hepatocytes > Bioinformatic-based selection of siRNA sequences by proprietary algorithm and screen for functional activity > Several sequences identified which potently inhibit ALDH2 mRNA expression in target cells Human primary hepatocytes N o r m a lis e d A

  66. Slide 66: Efficient ALDH2 mRNA reduction in human primary hepatocyte spheroid cultures

    Efficient ALDH2 mRNA reduction in human primary hepatocyte spheroid cultures 3D vs 2D hepatocyte culture > Liver-specific physiology & gene expression patterns > Long living organoid structures > Extended functional ASGPR expression (up to 12 d vs. 4 h) > Repeated treatments possible Spheroid cultur

  67. Slide 67: ALDH2 GalNAc-siRNA treatment induces hepatic acetaldehyde accumulation in mice

    ALDH2 GalNAc-siRNA treatment induces hepatic acetaldehyde accumulation in mice Study design d1 -4 h EtOH d10 SC, n=6 mice ALDH2 mRNA (liver) ALDH enzymatic activity (liver) Acetaldehyde (liver) 1 .5 1 .5 150 A c e ta ld e h y d e le v e ls in liv e r [n g /m g ] A ld e h y d d e h y d r o g e n a s

  68. Slide 68: Liver expression of ALDH1 isoenzymes upon ALDH2 silencing in mice

    Liver expression of ALDH1 isoenzymes upon ALDH2 silencing in mice Study design d1 -4 h EtOH d10 SC, n=6 mice ALDH2 mRNA (liver) ALDH1B1 mRNA (liver) ALDH1A1 mRNA (liver) 1 .5 2 .0 N o r m a lis e d A L D H 1 B 1 m R N A N o r m a lis e d A L D H 1 A 1 m R N A N o r m a lis e d A L D H 2 m R N A 1 .0

  69. Slide 69: SLN226 reduces ALDH2 mRNA in liver for at least 6 weeks

    SLN226 reduces ALDH2 mRNA in liver for at least 6 weeks after single administration in mice Study design d1 d10 d20 d30 d40 SC, n=5 mice, -4 h EtOH ALDH2 mRNA (liver) N o r m a lis e d A L D H 2 m R N A 1 .0 0 .5 0 .0 3 33 10 3 3 10 3 3 10 3 3 10 m g /k g CTRL ALDH2 CTRL ALDH2 CTRL ALDH2 CTRL ALDH2

  70. Slide 70: Further characterisation of SLN226

    Further characterisation of SLN226 Ethanol consumption mouse model > Assess effect of SLN226 in alcohol seeking behaviour in high alcohol preferring (HAP) mice > State of the art animal model which resembles patients’ free choice drinking and its physiological consequences Efficacy of SLN226 in high

  71. Slide 71: SLN226 development timelines – key milestones

    SLN226 development timelines – key milestones Pilot batch release Sterile manufacture KOL meeting GMP release 2017 2018 2019 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Candidate Start DRF Start GLP tox nomination IND/CTA filing* EIH* On track for IND/CTA filing in Q2 / 2019 *potentially with partner © Silence Therapeu

  72. Slide 72: Summary SLN226

    Summary SLN226 > Highly potent, selective and long acting GalNAc-siRNA > Induces acetaldehyde accumulation in mice after single subcutaneous administration > Currently in preclinical development with plans to enter clinical development in Q2 2019* > Studies initiated to show therapeutic efficacy in

  73. Slide 73: Technology Innovation

    Capital Markets Day, 14 November 2017 Technology Innovation Dmitry Samarsky, PhD Chief Scientific Officer

  74. Slide 74: Technology Innovation efforts in 2017

    Technology Innovation efforts in 2017 > Provide the best technology platform for our therapeutic pipeline > Secure our position as a world leader in RNA therapeutics > Strengthen and expand Silence’s intellectual property (IP) portfolio > Maintain freedom to operate (FTO) for our programmes and crea

  75. Slide 75: Our therapeutic GalNAc-siRNA molecules

    Our therapeutic GalNAc-siRNA molecules Linker siRNA GalNAc gene silencing hepatocyte targeting > Harness the power of RNAi to silence disease-causing genes in the liver, specifically in hepatocytes © Silence Therapeutics 2017 75

  76. Slide 76: Delivery of GalNAc-siRNA molecules

    Delivery of GalNAc-siRNA molecules > On its journey to the liver, GalNAc-siRNA molecules are exposed to various body fluids, which contain ubiquitous nucleases © Silence Therapeutics 2017 76

  77. Slide 77: In biological fluids, unmodified GalNAc-siRNA molecules are quickly degraded

    In biological fluids, unmodified GalNAc-siRNA molecules are quickly degraded Non-stabilised Serum exonucleases incubation 0h 4h 3d intact endonucleases misc enzymes degraded Stabilised 0h 4h 3d intact degraded end protection internal protection linker stabilisation >Incorporation of chemically modif

  78. Slide 78: Mechanism of RNA backbone cleavage

    Mechanism of RNA backbone cleavage nucleases >Most nucleolytic degradation reactions engage the 2’-OH and the neighbouring phosphate linkage of the RNA © Silence Therapeutics 2017 78

  79. Slide 79: Examples of stabilising chemically modified nucleotides

    Examples of stabilising chemically modified nucleotides Modified 2‘-OH Modified phosphate >Most are not naturally occurring and may cause non-specific effects and reduce silencing activity >Our strategy is to minimise the use of non-natural nucleotides while preserving or improving both stability an

  80. Slide 80: Internal siRNA modifications for endonuclease protection

    Internal siRNA modifications for endonuclease protection © Silence Therapeutics 2017 80

  81. Slide 81: Minimising the use of non-natural nucleotides

    Minimising the use of non-natural nucleotides endonucleases Hundreds of chemical modification patterns ≥50% non-natural In vitro activity: without GalNAc, with various modifications, patterns, sequences Internal siRNA modifications Serum stability: with or without GalNAc Primary hepatocyte activity:

  82. Slide 82: Serum stability and activity of molecules with reduced non-natural nucleotide content

    Serum stability and activity of molecules with reduced non-natural nucleotide content Serum stability A x1 B x2 x3 x4 x5 C x6 x7 x8 x9 intact 50% serum 3d at 37oC degraded Silencing activity in primary hepatocytes % non-natural 50% 34% 18% nucleotides >Molecules with dramatically reduced non-natural

  83. Slide 83: In vivo activity of molecules with reduced non-natural nucleotide content

    In vivo activity of GalNAc-siRNA molecules with reduced non-natural nucleotide content Study design d1 d15 SC, n=6 mice Silencing activity in mice (target mRNA levels in liver tissue) % non-natural 50% 34% 18% 2 .0 nucleotides N o r m a lis e d t a r g e t m R N A 1 .5 1 .0 0 .5 0 .0 PBS C TR L 1 0

  84. Slide 84: Summary – Internal GalNAc-siRNA modifications for endonuclease protection

    Summary – Internal GalNAc-siRNA modifications for endonuclease protection endonucleases Identified chemical modification patterns that > Reduce dramatically non-natural nucleotide content from ≥50% to less than 15% > Retain outstanding nuclease stability, as well as robust silencing activity in vitr

  85. Slide 85: End protection against exonucleases

    End protection against exonucleases © Silence Therapeutics 2017 85

  86. Slide 86: Challenges associated with non-natural end-protecting moieties

    Challenges associated with the use of non-natural end-protecting moieties > Most siRNA end-protecting moieties are not naturally occurring in the human body, and may cause side effects > End-protecting moieties may add stereogenic (‘chiral’) centres that may increase complexity of compound manufactu

  87. Slide 87: Performance of molecules with natural ‘achiral’ end-protecting moieties

    Performance of GalNAc-siRNA molecules with natural ‘achiral’ end-protecting moieties Serum stability Silencing activity in primary hepatocytes 2x intact degraded 3-day serum (FBS) incubation >Single naturally occurring ‘achiral’ end-protecting moieties yield increased stability and robust gene silen

  88. Slide 88: In vivo activity with natural achiral end-protecting moieties

    In vivo activity of GalNAc-siRNA molecules with natural achiral end-protecting moieties Study design d1 d7 SC, n=6 mice Silencing activity in mice (target mRNA in liver) 1 .5 N o r m a lis e d t a r g e t m R N A 1 .0 0 .5 0 .0 PBS 10 3 10 3 m g / k g G a lN A c -s iR N A 2 x 'c h ir a l' n a t u r

  89. Slide 89: Summary – End modifications for exonuclease protection

    Summary – End modifications for exonuclease protection exonucleases Identified end-protecting moieties, which > Are naturally occurring and do not add stereogenic complexity (‘achiral’) > Yield increased nuclease stability > Show excellent activity in vitro and in vivo > Can be applied to any siRNA

  90. Slide 90: Stabilisation of the linker

    Stabilisation of the linker © Silence Therapeutics 2017 90

  91. Slide 91: Performance of GalNAc-siRNA molecules with stabilised linker

    Performance of GalNAc-siRNA molecules with stabilised linker Serum stability Silencing activity in primary hepatocytes 50% FBS unstable stable control at 37°C 0h 4h 3d 0h 4h 3d 0h 4h 3d intact degraded nM GalNAc- siRNA >GalNAc-siRNA with stabilised linker produces robust silencing activity in primar

  92. Slide 92: In vivo activity of GalNAc-siRNA molecules with stabilised linker

    In vivo activity of GalNAc-siRNA molecules with stabilised linker Study design d0 d7 d14 d21 d28 2 mg/kg SC, n=4 mice Silencing activity in mice (target mRNA in liver) 1.5 Normalised target mRNA 1.0 0.5 0.0 PBS CTRL d7 d14 d21 d28 d7 d14 d21 d28 unstable stable >GalNAc-siRNA with stabilised linker y

  93. Slide 93: Combining internal modification, end protection and linker stabilisation

    Combining internal GalNAc-siRNA modification, end protection and linker stabilisation Study design d1 d9 SC, n=6 mice Silencing activity in mice (target mRNA in liver) % non-natural 50% 50% 32% 32% 13% 13% 1 .5 nucleotides Internal stabilisation N o r m a lis e d t a r g e t m R N A 1 .0 0 .5 End pr

  94. Slide 94: Summary – GalNAc-siRNA innovation in 2017

    Summary – GalNAc-siRNA innovation in 2017 > Designed highly stable and potent GalNAc-siRNA molecules > Reduced internal non-natural nucleotide content and ‘chiral’ end-protecting moieties by up to 85% > Internal and end-protecting patterns can be applied to any siRNA sequence, accelerating lead opti

  95. Slide 95: THANK YOU!

    THANK YOU! © Silence Therapeutics 2017 95

Silence Therapeutics — Investor Day (November 2017) on 6ix