Galectin Therapeutics Inc. · NASDAQ:GALT

Galectin Therapeutics — Investor Presentation (February 2018)

22 slides from Galectin Therapeutics's investor presentation, Feb 6, 2018

  1. Slide 1: GR-MD-02 for Indication of NASH Cirrhosis: NASH-CX Clinical Trial Results

    GR-MD-02 for Indication of NASH Cirrhosis: NASH-CX Clinical Trial Results Supplemental Information to Corporate Presentation February 6, 2018 NASDAQ: GALT www.galectintherapeutics.com 2017 Galectin Therapeutics | NASDAQ: GALT For more information, see galectintherapeutics.com Exhibit 99.2

  2. Slide 2: Forward Looking Statements

    Forward Looking Statements This presentation contains, in addition to historical information, forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements relate to future events or future financial performance, and use words such as “may,”

  3. Slide 3: Developing Treatments Where Galectin-3 Protein is Implicated in Disease

    Developing Treatments Where Galectin-3 Protein is Implicated in Disease Clinical Phase Studies With Galectin-3 Inhibitor GR-MD-02 Primary Program is in NASH Cirrhosis (topic of this presentation) Combination Cancer Immunotherapy Investigator initiated phase 1b clinical trial of GR-MD-02 in combinati

  4. Slide 4: NASH Cirrhosis Development Program: Summary

    NASH Cirrhosis Development Program: Summary Gal-3 null mice are resistant to development of NASH 1 and liver fibrosis 1, 2 GR-MD-02 is a glycopolymer (polysaccharide), considered a Nonbiological Complex Drug (NBCD) that binds to galectin-3 protein, has strong patent protection, and is administered i

  5. Slide 5: There is no Treatment for NASH Cirrhosis

    80 - 100M 24 - 30M 1.5-2.5M 1.5-2.5M Estimated US Prevalence There is no Treatment for NASH Cirrhosis Fatty Liver NASH: Cell Death Inflammation Fibrosis 5 1 Garcia-Tsao, G., Friedman, S., Iredale, J., Prinzani, M. Hepatology. 2010;51:14451449 Compensated Cirrhosis Decompensated Cirrhosis Stage 1 Sta

  6. Slide 6: Critical Importance of Esophageal Varices in NASH Cirrhosis

    Critical Importance of Esophageal Varices in NASH Cirrhosis Esophagus: No Varices Esophageal Varices Bleeding Esophageal Varices An important goal of treatment of patients with Stage 1, compensated cirrhosis without esophageal varices is to prevent progression to varices and complications 6

  7. Slide 7: NASH-CX Clinical Trial Design

    NASH-CX Clinical Trial Design1 Every other week infusion X 26 Placebo (54) GR-MD-02 2 mg/kg (54) GR-MD-02 8 mg/kg (54) NASH cirrhosis (biopsy) HVPG ≥ 6 mmHg No cirrhosis complications No or small varices HVPG2 Liver Biopsy3 FibroScan MBT4 Complications5 Endoscopy X X X X X X X X X X X X X X 1 All su

  8. Slide 8: Patient Populations: Total Group

    Patient Populations: Total Group N = 290 Patients Screened N = 162 Patients Randomized N = 128 Screening Failures N = 54 Placebo (PLB) N = 54 2 mg/kg GR-MD-02 (GR2) N = 54 8 mg/kg GR-MD-02 (GR8) N = 3 Discontinued Treatment AE (1) Lost to follow up (0) Withdrew consent (1) Protocol mandate (1) N = 2

  9. Slide 9: HVPG Primary Endpoint: Total Patient Population

    HVPG Primary Endpoint: Total Patient Population HVPG increased in placebo, whereas it decreased in treatment groups by end of study While there was a trend toward benefit with drug, it was not statistically significant

  10. Slide 10: HVPG Primary Endpoint: Mild Portal Hypertension in Total Population Group

    HVPG Primary Endpoint: Mild Portal Hypertension in Total Population Group Evaluation of mild portal hypertension was a pre-determined statistical analysis There was a statistically significant effect of both doses of GR-MD-02 There was no effect on those with high portal pressure (data not shown)

  11. Slide 11: Patient Populations Based on Esophageal Varices

    Patient Populations Based on Esophageal Varices Patients Screened: N = 290 Screening Failures N = 128 Baseline Esophageal Varices N = 80 (ITT/LOCF) No Baseline Esophageal Varices N = 81 (ITT/LOCF) 1 Discontinued before 1st dose 10 Discontinued during dosing without end of study HVPG CSPH N = 67 MPH

  12. Slide 12: NASH Cirrhosis Without Varices at Baseline

    NASH Cirrhosis Without Varices at Baseline (50% of total population) Drug effect was significantly dependent on dose*varices in total group (p<0.04) Presence or absence of esophageal varices is an important clinical finding Statistically significant effect of 2 mg/kg dose on absolute and percent cha

  13. Slide 13: Responder Analysis in Patients Without Varices at Baseline

    Responder Analysis in Patients Without Varices at Baseline 1 Chi Square Percentage of Patients Who Had a Clinically Relevant Reduction in HVPG With: ≥ 2 mmHg Decrease From Baseline AND ≥ 20% Decrease From Baseline Rigorous definition of efficacy because it requires a clinically important reduction i

  14. Slide 14: Statistically Significant Improvement of Hepatocyte Ballooning on Liver Biopsy

    Statistically Significant Improvement of Hepatocyte Ballooning on Liver Biopsy Change in hepatocyte ballooning score at week 54 Mean ± SEM n=54 n=54 n=53 Total Study Patient Population2 2 ITT with LOCF (161) 1 Traber PG and Zomer E. PLOS ONE 2013;8:e83481 3 Ordinal Logistic Regression Analysis p = 0

  15. Slide 15: Cirrhosis Complications

    Cirrhosis Complications1 Patients with at least one complication PLB GR2 GR8 Comments Intention to Treat Group (n=161) 11 (54) 8 (53) 7 (54) No difference between groups No Baseline Esophageal Varices (n=81) 7 (33) 3 (25) 2 (23) No difference between groups New Esophageal Varices 6 0 1 p = 0.022, PL

  16. Slide 16: Significantly Fewer New Varices Developed in Treatment Groups Versus Placebo

    Significantly Fewer New Varices Developed in Treatment Groups Versus Placebo Placebo GR-MD-02 2 mg/kg GR-MD-02 8 mg/kg 2 mg/kg plus 8 mg/kg 6/33 1/23 0/25 1/48 Percent New Varices Formation p = 0.02 p = 0.12 p = 0.01 Chi Square

  17. Slide 17: Safety Results

    Safety Results Total (n=162) PLB (n=54) GR2 (n=54) GR8 (n=54) All adverse events 1422 464 541 417 Grade 3-4 (patients (total events)) 31 (69) 10 (19) 10 (22) 11 (28) SAE1 (patients (total events)) 25 (39) 9 (13) 5 (10) 11 (16) Rx stopped due to AE 5 0 0 52 Death 1 0 13 0 Grade 3/4 lab (patients (tot

  18. Slide 18: GR-MD-02 Was Safe and Well Tolerated

    GR-MD-02 Was Safe and Well Tolerated No differences between treatment groups in the number of patients with treatment emergent adverse events (AEs), grade 3/4 AEs, serious adverse events (SAE), or grade 3/4 laboratory abnormalities All but 2 SAEs were unrelated to study drug; 2 patients in 8 mg/kg g

  19. Slide 19: Major Conclusions from NASH-CX Clinical Trial Results

    Major Conclusions from NASH-CX Clinical Trial Results GR-MD-02 had a statistically significant and clinically meaningful effect in improving HVPG versus placebo in patients with NASH cirrhosis who did not have baseline esophageal varices Important drug effect in the total study population on liver b

  20. Slide 20: Summary Conclusions and Next Steps

    Summary Conclusions and Next Steps NASH-CX is the first clinical trial to show positive results in compensated NASH cirrhosis without esophageal varices Clinically meaningful effect in reducing portal pressure Improvement in liver cell death, a key component of NASH Reduction in the development of n

  21. Slide 21: Appendix

    Appendix NASDAQ: GALT www.galectintherapeutics.com 2017 Galectin Therapeutics | NASDAQ: GALT For more information, see galectintherapeutics.com

  22. Slide 22: Appendix 1: Deep Gratitude to Patient Volunteers and Clinical Study Sites

    22 Appendix 1: Deep Gratitude to Patient Volunteers and Clinical Study Sites

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