Vivani Medical, Inc. · NASDAQ:VANI

Vivani Medical — Second Sight Medical Products — Technical Presentation (June 2019)

28 slides from Vivani Medical's technical presentation, Jun 25, 2019

  1. Slide 1: Development of a Visual Prosthesis: The Orion Visual Prosthesis System

    Development of a Visual Prosthesis: The Orion Visual Prosthesis System Nader Pouratian, M.D., Ph.D. Daniel Yoshor, M.D., Ph.D. Study partly funded by NIH BRAIN Initiative grant: UH3NS103442 Ex 99.2

  2. Slide 2: Disclosures

    Disclosures Second Sight – Grant Support for this project Consultant BrainLab – Grant Support Medtronic – Fellowship Support Boston Scientific – Consultant, DSMB

  3. Slide 3: 39 million people worldwide are legally blind

    39 million people worldwide are legally blind 8 million patients globally are legally blind due to unpreventable causes Retinitis Pigmentosa (RP) [fj 375,000 > Waal Age Related Macular Degeneration (AMD) Fe 2,000,000 Other Untratable Causes (i.e. Glaucoma, Infection, etc.) 5,800,000

  4. Slide 4: Overall Goal: Cortical Prosthesis for Previously Sighted Patients

    Overall Goal: Cortical Prosthesis for Previously Sighted Patients with No or Bare Light Perception Safe – Implant-related concerns (infection) Seizures Practical –Surgically Practical and Adoptable (microarray “tiles” vs ECoG) Clinically Useful –Perceptions Shadows Edges

  5. Slide 5: Visual Cortical Prosthesis: Orion I Implant

    Visual Cortical Prosthesis: Orion I Implant Leverages existing Argus II technology Bypasses the eyes and optic nerve and directly stimulates the visual cortex Early Feasibility Study underway in U.S. Designated a Breakthrough Device by FDA In planning stages for next phase (pivotal or feasibility st

  6. Slide 6: Orion I Implant

    Orion I Implant Medial View Lateral View Electrode array (60 channels) Cable Implant coil (receiving antenna) Cover Video Processing Unit Glasses & Antenna

  7. Slide 7: Early Testing in a Blind Subject with Off the shelf Device

    Early Testing in a Blind Subject with “Off the shelf” Device 30 year old with an 8 year history of bare light perception blindness due to Voght-Koaynagi-Harada Syndrome Implantation of a Neuropace responsive neurostimulation device with 2 parallel 4-contact leads implanted over the right medial occi

  8. Slide 8: Results: Retinotopic Localization and Reproducibility Over Time

    Results: Retinotopic Localization and Reproducibility Over Time Frequency Modulation of thresholds Different shapes and sizes Consistent Localization

  9. Slide 9: Current Thresholds: Relationship to Stimulus Parameters

    Current Thresholds: Relationship to Stimulus Parameters

  10. Slide 10: Differential phosphene modulation with modulation of distinct stimulation parameters

    Differential phosphene modulation with modulation of distinct simulation parameters

  11. Slide 11: Stimulation thresholds are stable over months

    Stimulation thresholds are stable over 19 months

  12. Slide 12: Orion Early Feasibility Study: subjects

    Orion Early Feasibility Study: 6 subjects Eligibility: Subjects are completely bilaterally blind due to any cause other than damage to the visual cortex May include trauma to eyes or optic nerve, diabetic retinopathy, glaucoma, or other etiology Primary outcome: safety (adverse events) Secondary out

  13. Slide 13: Orion Early Feasibility Study – Enrollment

    Site Subject Implant Date Age at time of implant Gender Reason for Vision Loss Implant Duration as of 6/28/19 (months) UCLA S1 01/30/2018 56 Male Optic neuropathy secondary to burn/trauma 17 UCLA S2 03/29/2018 29 Male Head Trauma – motor vehicle accident 15 UCLA S3 04/26/2018 64 Female Endophthalmit

  14. Slide 14: Primary Endpoint - Safety

    6 adverse device or procedure-related adverse events (ADEs) in 2 (out of 6) subjects 1 serious ADE 5 non-serious ADEs Four out of 6 subjects have not experienced any device- or procedure-related Aes Data as of last independent medical safety monitor meeting of May 3, 2019 Primary Endpoint - Safety E

  15. Slide 15: Orion System Programming and Home Use

    Orion System Programming and Home Use After implantation, subjects undergo “programming” process to customize settings for use of the system in video mode (with stimulation driven by the camera image) No earlier than 3 months, subjects are cleared to use the system outside the clinic Visual rehabili

  16. Slide 16: First Threshold Measurement

    First Threshold Measurement Subject Average Threshold (µA) Standard Deviation (µA) No. of Thresholds S1 2893 1322 56/60 S2 1645 828 60/60 S3 2194 789 59/59 S4* 3765 1603 54/58 S5 2693 1248 59/59 S6 3730 1170 55/59 Thresholds amount of current required for subject to see phosphene 50% of the time on

  17. Slide 17: Measuring Ultra-Low Vision Visual Function

    Measuring Ultra-Low Vision Visual Function 20/20 20/200 Bare LP No LP Count Fingers Hand Motion LP with Projection LP = Light Perception Legally Blind Square Localization Direction of Motion Grating Visual Acuity (1.6 – 2.9 LogMAR) (20/800 – 20/16000)

  18. Slide 18: Square Localization Performance

    Square Localization Performance * Mean error significantly different ON vs. OFF, t-test, p<0.05 System OFF System ON Subject S2 at 6 months

  19. Slide 19: UCLA

    UCLA

  20. Slide 20: Direction of Motion Performance

    Direction of Motion Performance * Mean error significantly different ON vs. OFF, t-test, p<0.05 System OFF System ON Subject S2 at 6 months

  21. Slide 21: Grating Visual Acuity - Performance

    Grating Visual Acuity is measured between 2.9 – 1.6 logMAR. Gratings are presented for only 5 seconds No subjects (0 of 5) scored on the scale with the System ON or OFF at 6 months post-implant 1 subject (1 of 4) scored on the scale with the System ON or OFF at 12 months post-implant (2.8 logMAR) Tr

  22. Slide 22: Functional Low-Vision Observer-Rated Assessment (FLORA)

    Trained observers rate the impact of the Orion implant on patients’ well-being and functional vision periodically at specific time points Interview Observer-rated functional vision tasks (System ON and OFF) Final rating of benefit of Orion System on subject’s life Functional Low-Vision Observer-Rate

  23. Slide 23: Real World Use: observations from rehabilitation sessions

    “Real World Use”: observations from rehabilitation sessions Subjects are finding success with Orion for everyday visual tasks “…He was able to find the cue ball with no problems on the table. He was able to tell the cue ball from the blue ten, and also from balls with a stripe vs. the cue ball. He c

  24. Slide 24: How does Orion compare to the Argus II Retinal Prosthesis System?

    How does the Orion Visual Cortical Prosthesis System compare to the Argus II Retinal Prosthesis System? Argus II System: retinal implant for end-stage Retinitis Pigmentosa Orion System: potentially treats any cause of profound bilateral blindness other than cortical damage Eye injury, optic nerve di

  25. Slide 25: Argus II System Indications for Use (U.S.)

    Argus II System Indications for Use (U.S.): Bilaterally blind due to retinitis pigmentosa with bare light or no light perception Implanted in the worse-seeing eye Commercial Approval in European Economic Area (CE Mark) in 2011 Commercial Approval in U.S. (HDE) in 2013 Over 350 implanted worldwide (E

  26. Slide 26: Safety Comparison

    Safety Comparison Rates of Adverse Events due to the Device or Procedure # Subjects # Events Serious Adverse Events 1 1 Non-serious Adverse Event 2 5 Grand Total 2 6 # Subjects # Events Serious Adverse Events 2 2 Non-serious Adverse Event 4 23 Grand Total 4 25 5 Orion Early Feasibility Study Subject

  27. Slide 27: Performance Comparison

    Performance Comparison Argus II at 12 months Orion at 12 months* Square Localization 94% (N = 16) 80% (4 of 5) Direction of Motion 63% (N = 16) 80% (4 of 5) Grating Visual Acuity 48% (N = 29) 20% (1 of 5) FLORA 80% (N = 15) 100% (5 of 5) Improvement = significantly better ON than OFF (SL & DOM), on

  28. Slide 28: Conclusions

    Conclusions Visual Cortical Prostheses are promising. Visual cortical prostheses are generally safe. Visual cortical stimulation in previously sighted blind subjects results in consistent and reliable thresholds and phosphenes Surgery is only the first step. The implant will evolve – Need for penetr

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