Acumen Pharmaceuticals, Inc. · NASDAQ:ABOS

Acumen Pharmaceuticals — Investor Presentation (March 2023)

35 slides from Acumen Pharmaceuticals's investor presentation, Mar 27, 2023

  1. Slide 1: Corporate Presentation March 2023

    Corporate Presentation March 2023 1

  2. Slide 2: Forward-Looking Statements

    Forward-Looking Statements 2 This presentation contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. Any statement describing Acumen’s goals, expectations, financial or other projections, intentions or beliefs is a forward-looking statement a

  3. Slide 3: Advancing a Potential Best-/First-In-Class Antibody for Early Alzheimer's Disease

    3 Advancing a Potential Best-/First-In-Class Antibody Product for Early Alzheimer’s disease (AD) • Large market • High unmet need • Recent scientific & regulatory momentum • Amyloid-beta oligomers (AβOs) accepted as most toxic form of Aβ • Novel target for effective AD treatment ACU193: First, clini

  4. Slide 4: Acumen Business Strategy: 2023 - 2025

    Acumen Business Strategy: 2023 - 2025 4 → Rapidly advance ACU193 through clinical development in patients with early AD; → Evaluate combination approaches to complement our core ACU193 monotherapy strategy; → Expand our product portfolio by in-licensing and/or developing additional candidates and/or

  5. Slide 5: INTERCEPT-AD Trial Update – February 2023

    5 INTERCEPT-AD Trial Update – February 2023 • INTERCEPT-AD: Phase 1 clinical trial of ACU193 in patients with early Alzheimer’s disease (AD) (RCT) → Topline results, safety and clinical proof-of-mechanism following full database lock expected in Q3 2023 → Enrollment completed in February 2023 → Coho

  6. Slide 6: INTERCEPT-AD a Randomized Placebo Controlled Phase 1 in Early AD Patients

    INTERCEPT-AD a Randomized Placebo Controlled Phase 1 in Early AD patients 6 *On January 30, 2023, Acumen submitted a protocol amendment to FDA to reduce the dose in Cohort 7 to 25 mg/kg Q2W from 60 mg/kg Q2W. This was based on a blinded review of preliminary pharmacokinetic data, inclusive of plasma

  7. Slide 7: AD, Amyloid & Abeta Oligomers

    AD, Amyloid & Abeta Oligomers

  8. Slide 8: Alzheimer's Pathophysiology

    Alzheimer’s Pathophysiology 8 Previous and current anti-amyloid and related drug targets have attempted to intervene Build-up of amyloid-beta (Aβ) is believed to lead to neurodegeneration and dementia Aβ fibrils BACE inhibitors Anti-amyloid plaque mAb Tau destabilization Symptomatic and neuroprotect

  9. Slide 9: AβOs are the most toxic Aβ species

    9 Growing understanding of disease mechanisms indicate that AβOs are the most toxic Aβ species and have the potential to be an ideal target for effective AD therapy AβOs bind to neurons, impair synaptic function, contribute to impairment of memory and cognition, and induce tau hyper phos- phorylatio

  10. Slide 10: What is an Aβ Oligomer?

    10 AβOs May Consist of 2 to >200 Aβ PeptidesWhat is an Aβ Oligomer? ____________________ Source: Kelley et al. J Chem Physics 2008. Figure 1. AβOs composed of 3 (a) and 18 (b) Aβ peptides are depicted below. ____________________ Source: Relini et al. Biomolecules 2014. Figure 2. Atomic force microsc

  11. Slide 11: Positive Signals From Recent Phase 2-3 Anti-Amyloid mAb AD Studies

    Measured Outcome** solanezumab EXPEDITION 3 (Phase 3) aducanumab EMERGE (Phase 3) aducanumab ENGAGE (Phase 3) donanemab (Phase 2) lecanemab BAN2401 (Phase 2) lecanemab Clarity-AD (Phase 3)+ ADAS-cog -11% -27% -12% -39% -47% -26% ADCS-ADL -15% -40% -18% -23% N.A. -37% CDR-SB -15% -23% 2% -23% -26% -2

  12. Slide 12: Anti-Plaque mAbs Demonstrate Dose-Related ARIAs

    TARGETING AB MONOMERS solanezumab EXPEDITION 3 (Phase 3) aducanumab EMERGE (Phase 3) aducanumab ENGAGE (Phase 3) donanemab (Phase 2) lecanemab (Phase 2) lecanemab (Phase 3)+ PC Treated PC Low High PC Low High PC Treated PC High PC Treated ARIA-E 0.2% 0.1% 2.2% 26.1% 34.4% 3.0% 25.6% 35.7% 0.8% 27.5%

  13. Slide 13: ACU193 Positioning Relative to Late-Stage and Approved Anti-Aβ/Plaque mAbs

    13 * IgG1 monoclonal antibodies that bind amyloid plaque are associated with high rates of ARIA-E. See e.g., Plotkin, Neurobiology of Disease, 2020. • There have been no head-to-head clinical trials between any of the product candidates listed above. Study designs and protocols for each product cand

  14. Slide 14: Target Selectivity and Safety Profile

    TARGET SELECTIVITY+ SAFETY PROFILE Company Asset Amyloid plaque Aβ fibrils Aβ monomers Aβ oligomers Lower rate of ARIA ACU193  untested    Expected Eisai / Biogen lecanemab     No Lilly donanemab  untested   No Biogen AduhelmTM     No Lilly solanezumab*      Roche gantenerumab* 

  15. Slide 15: ACU193: Our Differentiated Approach

    ACU193: Our Differentiated Approach

  16. Slide 16: ACU193 Drug Profile and Value Proposition

    DRUG: ACU193 is a humanized, affinity-matured, mAb with high selectivity for toxic AβOs vs. Aβ monomers (>500x) and limited to no binding to amyloid plaques. ACU193 is an IgG2 subclass mAb which has a reduced effector function. POPULATION: Early AD - Mild Cognitive Impairment and Mild Dementia due t

  17. Slide 17: ACU193: Extensive Data Package Supporting Development

    ACU193: Extensive Data Package Supporting Development ACU193 is a promising immunotherapy for early AD expected to provide meaningful cognitive and functional benefits, slow disease progression, and offer an attractive safety profile.  Nanomolar affinity for AβOs, >500-fold greater selectivity for

  18. Slide 18: Highly selective for Aβ oligomers versus Aβ monomers

    Highly selective for Aβ oligomers versus Aβ monomers Even in the presence of a large excess of Aβ monomer, binding of ACU193 to AβOs is unchanged Binding of ACU193 to AβOs >500x binding to Aβ monomer Log [Competing Antigen] μM ACU193 Selectivity ACU193 Selectivity in presence of 5μM monomeric Aβ ACU

  19. Slide 19: ACU193 Has a Greater Preference for AβOs Than Other mAbs

    Comparison of Aβ species-mAb complex signals across SEC fractions SELECTIVITY ACU193 binds to a wide range of oligomeric species of Aβ that are differentiated from those bound by hu266 (solanezumab) or hu3D6 (bapineuzumab). ACU193 Has a Greater Preference for AβOs Than Other mAbs 19

  20. Slide 20: ACU193 is Highly Selective for AβOs Versus Aβ Plaques

    AD Hippocampus ThioS/amyloid plaque AD Hippocampus ACU193/AβOs species ____________________ Sources: E. Cline et al. CTAD 2019. ACU193 is Highly Selective for AβOs Versus Aβ Plaques 20 ACU193 staining in human AD brain slices ACU193 (red) binds non-Thioflavin S positive Aβ (green) SELECTIVITY ACU193

  21. Slide 21: AβOs Bind to Neurons and are Toxic; Mouse Analogue Prevents Toxicity

    PHARMACOLOGYSELECTIVITY After binding to neurons, AβOs disrupt Long Term Potentiation (LTP) and cause pathologic increases in intracellular calcium that is destructive to cells. AβOs Bind to Neurons and are Toxic; Mouse Analogue of ACU193 Prevents Toxicity 21 ACU3B3 prevents AβO inhibition of hippoc

  22. Slide 22: Treatment of a Transgenic Mouse Model of AD Results in Behavioral Improvements

    Murine parent version of ACU193 (ACU3B3) was used to treat younger mice with depositing plaque or older mice with abundant plaque Treatment of a Transgenic Mouse Model of AD Results in Behavioral Improvements 22 Deficits in younger (5-7 months) transgenic mice are markedly reduced with treatment PHA

  23. Slide 23: ACU193 Enters the CNS and Binds to AβOs in Transgenic Mice

    ACU193 engages target AβOs in transgenic mouse brain (tg2576) in dose dependent manner. Ability to administer higher doses in patient clinical trials may provide increased target coverage. PK/PD ACU193 Enters the CNS and Binds to AβOs in Transgenic Mice in Dose Dependent Manner 23 PHARMACOLOGYSELECT

  24. Slide 24: Clinical Development Plans

    Clinical Development Plans

  25. Slide 25: INTERCEPT-AD Trial: Phase Overview

    (ACU-001) INTERCEPT-AD Trial: Phase 1 Overview TRIAL DESIGN: Randomized Placebo Controlled Phase 1 • Part A : Single-Ascending Doses • Part B : Multiple-Ascending Doses ENROLLMEN T CRITERIA: Early AD • Mild Cognitive Impairment and Mild Dementia due to AD (amyloid positive by PET) TRIAL OBJECTIVES:

  26. Slide 26: Phase Objectives: Proof of Mechanism

    Phase 1 Objectives: Proof of Mechanism – Ability to Move to Phase 2/3 PROOF OF MECHANISM Requirements for Phase 2/3 ✓ Acceptable safety and tolerability ✓ Show ACU193 gets across the blood brain barrier and into central compartment ✓ Target engagement 1. SAFETY AND TOLERABILITY • Assessment of ARIA-

  27. Slide 27: Cogstate computerized test battery (exploratory)

    Cogstate computerized test battery (exploratory) Test Domains tested Time (minutes) International shopping list test (immediate) Immediate recall 5 Cogstate brief battery Attention, working memory, learning 15 International shopping list test (delayed) Delayed recall 1 Groton maze learning test Exec

  28. Slide 28: Arterial Spin Labelling as an MRI Measure of Cerebral Blood Flow

    Arterial Spin Labelling (ASL) as an MRI Measure of Cerebral Blood Flow • Mild cognitive impairment patients show hypoperfusion in parietal cortex, precuneus, posterior cingulate cortex and medial temporal lobe • AD patients show global hypoperfusion, but especially cingulate, precuneus, parietal lob

  29. Slide 29: ACU193 Development Summary

    ACU193 Development Summary 29 ⇒ Differentiated profile: Nonclinical data consistent with toxicity of Aβ oligomers and selective binding of ACU193 to Aβ oligomers ⇒ Topline results from Phase1 study assessing safety, PK, and target engagement expected in Q3 2023 ⇒ Although unlikely with this small sa

  30. Slide 30: Business Considerations

    Business Considerations

  31. Slide 31: Acumen Leadership Team Experienced in AD/Neuro Drug Development

    Acumen Leadership Team Experienced in AD/Neuro Drug Development Acumen team has decades of experience in Alzheimer’s drug discovery and development. JANICE HITCHCOCK, PHD VP, Regulatory Affairs ROBERT DEAN, MD, PHD Sr. Development Advisor, Biomarkers and Analytical Methods JASNA JERECIC, PHD Analyti

  32. Slide 32: ACU193 IP & Market Exclusivity

    ACU193 IP & Market Exclusivity • Exclusive, perpetual, irrevocable, worldwide, royalty-free license from Merck to its Amyloid Derived Diffusible Ligand (ADDL) IP including, issued ACU193 patents • ACU193 Global IP estate:  Issued patents in 19 countries  Composition of matter patents and methods o

  33. Slide 33: Acumen is Well Capitalized, With Expected Cash Runway Through 2025

    Acumen is Well Capitalized, With Expected Cash Runway Through 2025 We believe that Acumen has the organizational expertise and cash and marketable securities on hand to advance ACU193 through 2025. ~$193M Cash, cash equivalents and marketable securities as of December 31, 2022 33 MILESTONES STATUS/

  34. Slide 34: ABOS: Key Takeaways

    ABOS: Key Takeaways Experienced AD drug development team Massive unmet need in AD, recent favorable trends and cumulative learnings position field for future successes Upcoming sector catalysts throughout 2023 Differentiated product candidate targeting toxic AβOs Blue chip investors, very strong bal

  35. Slide 35: Thank You

    Thank You ! www.acumenpharm.com

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