Cantargia Ab · OMXSTO:CANTA

Cantargia Ab — Investor Day (May 2021)

83 slides from Cantargia Ab's investor day presentation, May 20, 2021

  1. Slide 1: R&D Day

    R&D Day Göran Forsberg, CEO May 20, 2021

  2. Slide 2: Safe Harbour Statement

    Safe Harbour Statement Statements in the Investor Presentation, including those regarding the possible or assumed future or other performance of the Company or its industry or other trend projections, constitute forward-looking statements. By their nature, forward-looking statements involve known an

  3. Slide 3: Cantargia – Opportunity to save lives and create value

    Cantargia – Opportunity to save lives and create value Ø Potentially more effective treatment against novel target in clinically validated pathway Ø First in class platform technology against novel target Ø Well financed to build a broad, diversified pipeline Ø Right team and clear plan to position

  4. Slide 4: Cantargia highlights

    Cantargia highlights UNIQUE IMMUNOTHERAPY ANTIBODY CAN04 IN PHASE IIA CLINICAL DEVELOPMENT • Positive interim data set - response rates higher than historical control Current owners (31 Mar 2021) • First in class antibody with broader MOA than competitors Swedbank Robur Funds 9.7% VISION OF BECOMING

  5. Slide 5: Todays program

    Todays program → 15.00 Welcome and introduction to Cantargia – Göran Forsberg, CEO → 15.05 Nadunolimab (CAN04) Mechanism of action – David Liberg, VP Research → 15.25 Nadunolimab updated phase IIa clinical results in pancreatic cancer – Prof Ahmad Awada, Inst. Jules Bordet, Brussels, Belgium → 15.50

  6. Slide 6: CAN04 – Preclinical Rationale

    CAN04 – PRECLINICAL RATIONALE

  7. Slide 7: Targeting IL1RAP in cancer

    Targeting IL1RAP in cancer • IL1RAP is an inflammatory protein expressed by tumor cells and by tumor- supporting cells in the tumor vicinity • IL1RAP is involved in chronic tumor inflammation and promotes tumor growth and immune suppression – both on tumor cells and on tumor-supporting cells • IL1RA

  8. Slide 8: Nadunolimab (CAN04) – an anti-IL1RAP antibody with dual functions

    Nadunolimab (CAN04) – an anti-IL1RAP antibody with dual functions Effector cell binding (NK cells and macrophages) and induction of cell killing IL1RAP binding and signaling inhibition 8 8

  9. Slide 9: IL1RAP expression in solid tumors

    IL1RAP expression in solid tumors ,,,,,, % IL1RAP-expressing tumors NSCLC biopsy CANFOUR, IL1RAP staining IL1RAP is expressed broadly in solid tumors, both on cancer cells and stromal cells NSCLC – non-small cell lung cancer 9HNSCC – head and neck squamous carcinoma 5

  10. Slide 10: IL1RAP expression in solid tumors

    IL1RAP expression in solid tumors IL1RAP is expressed by: • tumor cells • cells in the tumor microenvironment: o cancer-associated fibroblasts (CAF) o tumor-associated macrophages (TAM) o monocytes o neutrophils o endothelial cells IL1RAP-expressing cells react to IL1a or IL1b in the tumor microenvi

  11. Slide 11: IL-1a/b and resistance to therapy

    IL-1a/b and resistance to therapy 11 7

  12. Slide 12: The IL-1 system is induced by chemotherapy

    The IL-1 system is induced by chemotherapy 3 1. Chemotherapy induces cell killing and IL1a upregulation in tumor 2 1 cells 2. IL1b is induced in the tumor stroma 3. IL1a and IL1b mediates chemoresistance 12 9

  13. Slide 13: The IL-1 system is induced by chemotherapy

    The IL-1 system is induced by chemotherapy Immunohistochemistry of tumor tissue in a NSCLC patient-derived xenograft model IL-1a is upregulated in tumor cells after chemotherapy and Interleukin 1b-converting enzyme (ICE/Caspase-1) in the tumor stroma 13 8

  14. Slide 14: CAN04 increases the efficacy of chemotherapy

    CAN04 increases the efficacy of chemotherapy Tumor growth in a NSCLC patient-derived xenograft model n=10 CAN04 increases efficacy of chemotherapy regimens and counteracts weight loss 14 10

  15. Slide 15: Pancreatic cancer

    Pancreatic cancer KRAS-driven inflammation and the potential of CAN04 https://www.proteinatlas.org/ • > 90% of PDAC tumors have mutated KRAS • IL1a induced by KRAS has been shown to be important for 15 tumor development in PDAC 11

  16. Slide 16: The pancreatic tumor microenvironment in vitro

    The pancreatic tumor microenvironment in vitro Human pancreatic cancer cells cultured with human cancer associated fibroblasts CAF PDAC CAF PDAC - CAN04 + CAN04 - CAN04 + CAN04 4 genes changed 230 genes changed by CAN04 by CAN04 CAF = Cancer-associated fibroblast NPF = Normal pancreatic fibroblast R

  17. Slide 17: Inhibition of pancreatic tumor growth by CAN04

    Inhibition of pancreatic tumor growth by CAN04 Tumor growth in a CAF-PDAC xenograft model of human pancreatic cancer PDAC *** CAF PDAC – cancer cells CAF – tumor stroma n=10 The inhibition of tumor cell growth induced by CAN04 is mediated by cancer- associated fibroblasts (CAFs) 17 13

  18. Slide 18: Summary

    Summary • CAN04 (nadunolimab) blocks IL1a/IL1b signaling and induces antibody-mediated cell killing of IL1RAP-expressing cells • IL1RAP is broadly expressed in solid tumors, both on tumor cells and in tumor stroma • CAN04 targets both tumor cells and components of the tumor stroma • Chemotherapy act

  19. Slide 19: CANFOUR - Pancreatic ductal adenocarcinoma

    CANFOUR - Pancreatic ductal adenocarcinoma Cancer-associated Tumor-associated Tumor cells Fibroblasts (CAFs) Macrophages (TAMs) CANFOUR pancreatic biopsy CANFOUR pancreatic biopsy CANFOUR liver biopsy • IL1RAP is expressed in tumor and stromal cells in primary and metastatic tumors from PDAC patient

  20. Slide 20: Nadunolimab (CAN04, anti-IL1RAP) in Pancreatic Cancer

    Nadunolimab (CAN04, anti-IL1RAP) in Pancreatic Cancer Interim analysis April 20 based ongoing trial Professor Ahmad Awada Institut Jules Bordet, Brussels 20 May 2021

  21. Slide 21: IL1RAP relevance in pancreatic cancer

    IL1RAP relevance in pancreatic cancer • Pancreas cancer still an unmet medical need. • One of the few indications where immunotherapy does not have a role. • IL1RAP, overexpressed on pancreatic cancer cells and associated stroma • IL1RAP and IL-1 system has documented roles in pancreatic cancer tumo

  22. Slide 22: The first nadunolimab clinical trial CANFOUR

    The first nadunolimab clinical trial CANFOUR Started 2017 with the aim to identify a safe dose, evaluate biomarkers and find early efficacy signals of: • Nadunolimab monotherapy (N=48) • Nadunolimab in combination with gemcitabine/cisplatin in NSCLC (plan N=31) • Nadunolimab in combination with gemc

  23. Slide 23: Nadunolimab with gemcitabine/nab-paclitaxel (GN) in PDAC

    Nadunolimab with gemcitabine/nab-paclitaxel (GN) in PDAC • Patient population: Stage III/IV PDAC in first line of systemic chemotherapy • Patient Disposition: • 36 PDAC patients were treated in 10 sites in 5 EU countries from March 2019 up to October 2020. • 8 patients were treated initially at 7.5

  24. Slide 24: CANFOUR population seems to be similar to MPACT

    Baseline patient characteristics vs. MPACT trial CANFOUR MPACT* 36 431 Age Median 62 62 Range 46-87 27-86 <65 yr 64% 59% >=65 yr 36% 41% Sex Female 53% 43% Male 47% 57% PS 0 64% 58% 1 36% 42% Site of metastases Liver 74% 85% Lung 34% 35% Lymph nodes 40% ND Peritoneum 28% 4% CA19-9 N 33 379 Median 44

  25. Slide 25: PDAC efficacy evaluation and summary

    PDAC efficacy evaluation and summary Efficacy evaluation: • CT scan every 2nd month • Serum CA19-9 Efficacy evaluation summary: • Durable responses observed • Promising PFS and OS • Important finding of pseudoprogression-like response in 5 (15%) patients predicting long PFS. 25

  26. Slide 26: Evaluation of tumor shrinkage by the investigator

    Evaluation of tumor shrinkage by the investigator • Waterfall plot is based on largest percentage tumor shrinkage (target lesions) and best overall response during study • PD is >20% increase vs baseline and PR is >30% tumor shrinkage. • Central review ongoing • 1CR • 7PR (incl 1 unconfirmed CR) • 3

  27. Slide 27: Pseudoprogression (PsP) in PDAC

    Pseudoprogression (PsP) in PDAC • Evidence of tumor growth (including the appearance of new lesions) not corresponding with treatment failure but with long-term benefit. • In solid tumors, PsP is observed with checkpoint inhibitors. The apparent increase in tumor burden may precede antitumor effects

  28. Slide 28: Patients with Pseudoprogression-like response

    Patients with Pseudoprogression-like response Subject 1 Subject 2 • All presented PD at 1st CT scan evaluation (8 weeks) • All showed concomitant Ongoing reduction of CA19-9 Subject 3 Subject 4 Subject 5 Ongoing 28

  29. Slide 29: Liver metastases evolution subject 1

    Liver metastases evolution subject 1 Screening 2 months 3 months 7 months 12 months Target lesions +32% (PD/iUPD) -35% (iPR) -56% (iPR) -62% (iPR) PD= progressive disease iUPD= unconfirmed progressive disease by iRECIST iPR= immune partial response by iRECIST 29

  30. Slide 30: Liver metastases evolution subject 2

    Liver metastases evolution subject 2 Screening 2 months 4 months 5 months Target lesions +25% (PD/iUPD) +14% (iSD) 0% (iSD) PD= progressive disease iUPD= unconfirmed progressive disease by iRECIST iSD= immune stable disease by iRECIST 30

  31. Slide 31: PDAC response parameters and benchmark

    PDAC response parameters and benchmark Response parameter CANFOUR (N=33) Reference (von Hoff; Fernández) ORR per investigator 27 % (9 PR) 29% (95%CI: 25-34) Pseudoprogression iRECIST 15% 0% Disease control rate (PR+SD+ 72% 48% (95% CI: 43-53) iRECIST iUPD/iSD) Median duration of response 6.8 months

  32. Slide 32: Progression Free Survival by iRECIST

    Progression Free Survival by iRECIST • Median iPFS is 7.8 months (95% CI 5.2 to 10.2) with 55% of events. iPFS range 0 to 15.6 months • iPFS rate at 6 months: 62%; at 1 year: 19% • Seven patients at cut-off are still receiving treatment. The observed iPFS is longer than expected from chemotherapy al

  33. Slide 33: Overall Survival

    Overall Survival • Median OS is 12.6 months (95% CI not estimable) with 42% of OS events. • 6-month survival rate: 71%, 1-year survival rate: 55% • Data needs further maturation before firm conclusions Early survival data compare favourable to benchmark, but needs longer follow up 33 33

  34. Slide 34: PDAC efficacy parameters and benchmark

    PDAC efficacy parameters and benchmark Efficacy parameter CANFOUR (N=33) MPACT trial* (N=431) Median iPFS (iRECIST)/PFS Median iPFS 7.8 mo [95%CI: 5.2-10.2] Median PFS: 5.5 mo (95% CI: 4.5-5.9) (RECIST1.1) iPFS at 6 months: 62% PFS at 6 months: 44% Mean duration of treatment 4.8 months 3.9 months Ov

  35. Slide 35: Nadunolimab/GN in PDAC safety summary

    Nadunolimab/GN in PDAC safety summary •Only infusion related reaction (IRR) and neutropenia are considered nadunolimab safety findings. •Both reflect pharmacodynamic effects of nadunolimab. •Infusion Related Reactions: •IRR in 16/36 (44%) of the patients. Mild in 38% and moderate in 56% of these. On

  36. Slide 36: G-CSF is effective for neutropenia prevention

    G-CSF is effective for neutropenia prevention • There is greater than expected frequency of neutropenia and febrile neutropenia with the addition of CAN04 • G-CSF accelerates recovery and seems to be effective at preventing future episodes. For patients currently treated, G-CSF is used proactively t

  37. Slide 37: CAN04/GN in PDAC safety summary and benchmark

    CAN04/GN in PDAC safety summary and benchmark Gem/Abraxane CANFOUR FOLFIRINOX The beneficial effect in Grade 3 or higher AEs (von Hoff) CAN04/GN (Conroy 2011) fatigue and chemotherapy- N=421 N=36 N=171 induced neuropathy2 (nab- Neutropenia 38% 67% 46% paclitaxel or oxaliplatin) Febrile neutropenia 3

  38. Slide 38: Conclusions

    Conclusions • Adding nadunolimab to gemcitabine/nab-paclitaxel in first line treatment of metastatic PDAC: • Promising efficacy: • Long duration of response • Identification of a pseudoprogression-like phenomena that predicts longer treatment benefit • Emerging PFS and OS seems to be better than his

  39. Slide 39: Therapeutic Opportunities in Pancreatic Cancer

    Therapeutic Opportunities in Pancreatic Cancer Manuel Hidalgo, M.D., Ph.D.

  40. Slide 40: COI Disclosure

    COI Disclosure • Board of Directors o BMS • Founder: o Champions Oncology, Nelum Pharmaceuticals • Stock holder: o Champions Oncology, Agenus, Nelum Pharmaceuticals, Highlight Pharmaceuticals, Oncomatrix, Inxmed, Pharmacyte, BMS. • Research support: o Erytech, PanCan, TBA alliance • Honorarium: o Ag

  41. Slide 41: The Problem

    The Problem Rahib et al, JAMA Net 2014 41

  42. Slide 42: Pillars of Cancer Treatment

    Pillars of Cancer Treatment 42

  43. Slide 43: Stage IV Management Algorithm

    Stage IV Management Algorithm 43

  44. Slide 44: Selected Agents in Development

    6 Selected Agents in Development Nevala Plagemann et al, Nat Can Rev 2019 44

  45. Slide 45: PDAC Genetics

    5 no NALCN ADAMTS20 ane CDKNIA 45

  46. Slide 46: Putative Targets and Inhibitors

    Putative Targets and Inhibitors Collisson et al, Nat Can Rev 2019 46

  47. Slide 47: Example of Precision Medicine

    Example of Precision Medicine 47

  48. Slide 48: Olaparib in BRCA mut PDAC

    Olaparib in BRCA mut PDAC Golan et al, NEJM 2019 48

  49. Slide 49: PDAC TME

    PDAC TME Hosein et al, Nat Rev Gastroenterology and Hepatology 2020 49

  50. Slide 50: IO in PDAC

    IO in PDAC Joyce at al, Science 2015 50

  51. Slide 51: Depletion of FAP+ Cells and Immune Response

    Depletion of FAP+ Cells and Immune Response Joyce at al, Science 2015 51

  52. Slide 52: Effects on T cell Infiltrate in Tumor Tissues

    Effects on T cell Infiltrate in Tumor Tissues 1600 D Screening End of Cycle 2 Cell Density (#Cells/mm2) 1400 1200 1000 800 600 400 200 0 3 4 8 ce d SC C or R or D D D T te lls an um ) XC m C C C ) ic v a K+ D 4+ C Tu -M i T ox ct ot A G (P K+ yt C C an (P Bockorny et et al, Nat Med 2020 52

  53. Slide 53: Responses Water Fall Plot

    Responses Water Fall Plot N % Evaluable patients 22 100% ORR 7 32% DCR (PR + SD) 17 77% PR 7 32% SD 10 45% Bockorny et et al, Nat Med 2020 53

  54. Slide 54: Tumor cell-derive IL1 in PDAC

    Tumor cell-derive IL1 in PDAC Das et et al, Can Res 2021 54

  55. Slide 55: Evaluation of tumor shrinkage by the investigator

    Evaluation of tumor shrinkage by the investigator • Waterfall plot is based on largest percentage tumor shrinkage (target lesions) and best overall response during study • PD is >20% increase vs baseline and PR is >30% tumor shrinkage. • Central review ongoing • 1CR • 7PR (incl 1 unconfirmed CR) • 3

  56. Slide 56: Patients with Pseudoprogression-like response

    Patients with Pseudoprogression-like response Subject 1 Subject 2 • All presented PD at 1st CT scan evaluation (8 weeks) • All showed concomitant reduction of CA19-9 Ongoing Subject 3 Subject 4 Subject 5 Ongoing 56

  57. Slide 57: Monitoring Pseudoprogression

    Monitoring Pseudoprogression Bratman et et al, Can Res 2021 57

  58. Slide 58: Liver metastases evolution subject 2

    Liver metastases evolution subject 2 Screening 2 months 4 months 5 months Target lesions +25% (PD/iUPD) +14% (iSD) 0% (iSD) PD= progressive disease iUPD= unconfirmed progressive disease by iRECIST iSD= immune stable disease by iRECIST 58

  59. Slide 59: Weill Cornell Medicine

    Weill Cornell Medicine = = NewYork-Presbyterian

  60. Slide 60: Nadunolimab, ongoing and upcoming clinical trials

    Nadunolimab, ongoing and upcoming clinical trials Ignacio Garcia-Ribas, CMO

  61. Slide 61: Nadunolimab PDAC highlights

    Nadunolimab PDAC highlights • Nadunolimab appears to increase the efficacy of gemcitabine and nab-paclitaxel (Abraxane®) in patients with metastatic PDAC. • Several patients benefit with durable responses or pseudoprogression (benefit after initial disease progression). These patient populations con

  62. Slide 62: Nadunolimab clinical development status

    Nadunolimab clinical development status Study Indication CAN04 combination Status Planned milestone(s) CANFOUR NSCLC Gemcitabine/cisplatin Recruitment ongoing, Results planned for Q3 2021 CANFOUR PDAC Gemcitabine/nab- Extension phase ongoing. Main study results presented 20 May paclitaxel (Dosing sc

  63. Slide 63: CANFOUR: Tumor shrinkage – NSCLC combination

    CANFOUR: Tumor shrinkage – NSCLC combination → CAN04 in combination with gem/cis in 1st line chemotherapy → Press release September 2020: 6 of 9 evaluable patients with metastatic non-small cell lung cancer (NSCLC) showed objective response including 1 complete response (67% vs historical control da

  64. Slide 64: CIRIFOUR: US Phase I clinical trial

    CIRIFOUR: US Phase I clinical trial → First patient started 2020. Enrollment according to plan, results expected H2. → Combination with checkpoint inhibitor in patients no longer responding to PD1/PDL-1 therapy. • Investigating the safety of the combination • Exploring CAN04 as immune-oncology drug

  65. Slide 65: Nadunolimab clinical trials to be started

    Nadunolimab clinical trials to be started → First line combination with modified FOLFIRINOX in pancreatic cancer • Up to 30 patients, initial dose escalation followed by dose expansion • Approximately 9 centres in France and Spain • First patient planned June 2021 → “Basket trial” in new indications

  66. Slide 66: Rationale for the novel indications/combinations

    Rationale for the novel indications/combinations (1) Colorectal cancer: → 3rd most common tumor, incidence 150.000 per year USA. → Oxaliplatin is a cornerstone in CRC. Immunotherapy doesn’t work in 90% of CRC. → Potential clinical synergy of CAN04 with oxaliplatin → IL-1β is required for macrophages

  67. Slide 67: Rationale for the novel indications/combinations

    Rationale for the novel indications/combinations (2) NSCLC → Docetaxel standard therapy in late stage patients → Based on CANFOUR results and chemosensitization hypothesis, an interesting opportunity for CAN04 → IL-1 system has a well described role in NSCLC development Triple negative breast cancer

  68. Slide 68: CAN10 Research and Development

    CAN10 RESEARCH AND DEVELOPMENT

  69. Slide 69: CAN10 – indications and preclinical development

    CAN10 – indications and preclinical development → Inflammation of muscular tissues of the heart → Chronic, autoimmune connective tissue disorder that can lead to fibrosis and loss of contractile characterized by inflammation and fibrosis of the skin function and internal organs → Characterized by in

  70. Slide 70: CAN10 – rationale

    CAN10 – rationale IL1RAP binding and signaling inhibition Engineered to minimize Opportunity: target all IL1RAP-dependent signaling pathways FcgR binding → The CAN10 antibody is developed as a therapy for inflammatory/autoimmune diseases → CAN10 blocks all signaling pathways mediated by IL1RAP and d

  71. Slide 71: IL1RAP inhibition is a potent strategy to block inflammation

    IL1RAP inhibition is a potent strategy to block inflammation MSU-induced peritonitis (i.p. injection with MSU-crystals, measure cells and cytokines after 6h) Peritoneal lavage Cytokines in lavage 600000 *** 1.5 IL1RA ** …in a way that is Ratio (treated/control) Neutrophils (cells/mL) ** mCAN10 40000

  72. Slide 72: IL1RAP inhibition modulates local and systemic inflammation

    IL1RAP inhibition modulates local and systemic inflammation IMQ-induced Psoriasis (topical daily administration of IMQ, biweekly i.p treatment with ab or daily topical with dex) Total back score Total back score • Skin inflammation involves IL1, 6 Vehicle Isotype aIL-1b 6 IL33 and IL36 • Experiments

  73. Slide 73: CAN10 – indications and preclinical development

    CAN10 – indications and preclinical development 7

  74. Slide 74: CAN10 – indications and preclinical development

    CAN10 – indications and preclinical development 7

  75. Slide 75: Systemic sclerosis and fibrotic disease

    Systemic sclerosis and fibrotic disease → Characterized by diffuse fibrosis and vascular abnormalities in the skin, joints, and internal organs → Lung fibrosis and Pulmonary Arterial Hypertension often accounts for death → IL1/33/36 are involved in several aspects of fibrosis → Experiments on human

  76. Slide 76: CAN10 – indications and preclinical development

    CAN10 – indications and preclinical development 9

  77. Slide 77: CAN10 – indications and preclinical development

    CAN10 – indications and preclinical development 9

  78. Slide 78: The IL-1 family in Cardiovascular Inflammation

    The IL-1 family in Cardiovascular Inflammation → Inflammation of muscular tissues of the heart Dying cardiomyocyte that can lead to fibrosis and loss of contractile function → IL-1 is central to the development of cardiac inflammation and is a potential driver of Myocarditis, ongoing clinical trial

  79. Slide 79: mCAN10 improves heart function in experimental autoimmune myocarditis

    mCAN10 improves heart function in experimental autoimmune myocarditis 11

  80. Slide 80: mCAN10 reduces inflammation and fibrosis in experimental autoimmune myocarditis

    mCAN10 reduces inflammation and fibrosis in experimental autoimmune myocarditis 12

  81. Slide 81: CAN10 – summary

    CAN10 – summary → CAN10 blocks IL1a/b, IL33 and IL36a/b/g signaling through targeting of IL1RAP and is in late-stage preclinical development for clinical trials → Blocking IL1RAP is a potent anti- inflammatory strategy that is qualitatively different from pure IL1a/b blockade. → IL1RAP-blockade coun

  82. Slide 82: CAN10 – milestones

    CAN10 – milestones 2021 → CMC development and production for safety and clinical studies → Completion of safety program → Interactions with health authorities 2022 → CTA submissions → Initiation of clinical studies → Preparations for clinical development in myocarditis and/or SSc 14

  83. Slide 83: Q&A

    Q&A

Cantargia — Investor Day (May 2021) on 6ix