Achieve Life Sciences, Inc. · NASDAQ:ACHV

Achieve Life Sciences — Technical Presentation (May 2023)

24 slides from Achieve Life Sciences's technical presentation, May 23, 2023

  1. Slide 1: ORCA-3 Phase 3 Topline Data

    ORCA-3 Phase 3 Topline Data NASDAQ: ACHV | May 23, 2023 Exhibit 99.2

  2. Slide 2: Forward Looking Statements

    Forward Looking Statements This presentation contains forward-looking statements, including, but not limited to, statements regarding the timing of planned clinical development activities of cytisinicline; the projected path toward potential regulatory approval; the safety, efficacy and commercial p

  3. Slide 3: Cytisinicline ORCA Development Program

    Cytisinicline ORCA Development Program Indication Phase 1 Phase 2 Phase 3 Completed Milestones Smoking Cessation E-cigarette Cessation Completed Clinical Trials Statistically significant quit rates vs placebo (p<0.005) Statistically significant quit rates vs placebo (p<0.0001) Statistically signific

  4. Slide 4: Large Market Opportunity: Treating Nicotine Addiction

    Annualized healthcare costs associated with smoking costs in the U.S.2 $300B 1.1B Global Smokers1 ~480K Deaths in the U.S. annually2 Tobacco use is the leading cause of preventable death1 Large Market Opportunity: Treating Nicotine Addiction 28M Adult Smokers in the U.S.3 11M Adult e-cigarette users

  5. Slide 5: ORCA-3: Phase 3 Topline Results May 2023

    Forward Looking Statements ORCA-3: Phase 3 Topline Results May 2023

  6. Slide 6: ORCA-3: Phase 3 Study Design

    Arm C Arm B Arm A Placebo 6 weeks Cytisinicline 6 weeks Cytisinicline 6 weeks Placebo 6 weeks Placebo 6 weeks Cytisinicline 6 weeks Monthly Follow-Up CYT: 6 weeks CYT: 6 weeks N=264 CYT: 6 weeks Placebo: 6 weeks N=263 Placebo: 12 weeks N=265 Objective: Evaluate safety and efficacy of 3.0 mg of cytis

  7. Slide 7: ORCA-3 Demographics and Baseline Characteristics

    ORCA-3 Demographics and Baseline Characteristics Characteristic​​ Randomized (N=792) Sex​​ Female​​ Male​​ ​ 439 (55%)​ 353 (45%)​ Race​​ White​​ Black or African American​​ Other ​ 631 (80%)​ 139 (18%)​ 21 (2%)​ Age (yrs)​​ Median​ ​ 53 Average # Daily Cigarettes in last 30 days Median ​​ ​ 20 Dura

  8. Slide 8: 12-week Cytisinicline Treatment: 4x Increased Likelihood of Cessation

    12-week Cytisinicline Treatment: 4x increased likelihood of smoking cessation at end of treatment & ~6x more likely at 24 weeks Quit Rates for 3 mg TID vs Placebo Primary Endpoint: Weeks 9-12 Odds Ratio 4.40 (p<0.0001) Secondary Endpoint: Weeks 9-24 Odds Ratio 5.79 (p<0.0001) (3 months) (1 month)

  9. Slide 9: 6-week Cytisinicline Treatment: ~3x Increased Likelihood of Cessation

    (4.5 months) (1 month) 6-week Cytisinicline Treatment: ~3x increased likelihood of smoking cessation at end of treatment & 6x more likely at 24 weeks Quit Rates for 3 mg TID vs Placebo Primary Endpoint: Weeks 3-6 Odds Ratio 2.85 (p=0.0008) Secondary Endpoint: Weeks 3-24 Odds Ratio 6.25 (p=0.0006)

  10. Slide 10: Safety Profile: Well-tolerated with Low Rates of Adverse Events

    No treatment-related serious adverse events reported Safety Profile: Well-tolerated with low rates of adverse events reported Most commonly reported AE’s (>5% Overall) 164 (62.6%) 170 (64.6%) 168 (64.5%) 20 (7.6%) 29 (11.0%) 31 (11.9%) Adverse Event (AE) Placebo (N=262) 6-week CYT (N=263) 12-week CY

  11. Slide 11: Strong Relative Efficacy Compared to Current Treatments

    3.7 Strong Relative Efficacy Compared to Current Treatments Odds Ratio (OR) expresses the drug effect in proportion to placebo OR is the preferred outcome measure in smoking cessation trials in the literature [-----Cochrane Database Review-----] *Varenicline = Chantix Cahill K et al; The Cochrane Li

  12. Slide 12: Cytisinicline is Well Positioned

    Cytisinicline is Well Positioned... To Meet the Cessation Needs of Smokers and Patients Battling Nicotine Addiction Dual-acting, differentiated, and highly selective MOA provides minimal adverse events (AEs) and excellent compliance rates Safe & Well-Tolerated Efficacious Robust efficacy demonstrate

  13. Slide 13: Appendix

    Forward Looking Statements APPENDIX

  14. Slide 14: ORCA-2: Phase 3 Study Results April 2022

    Forward Looking Statements ORCA-2: Phase 3 Study Results April 2022

  15. Slide 15: ORCA-2: Phase 3 Study Design

    Arm C Arm B Arm A Placebo 6 weeks Cytisinicline 6 weeks Cytisinicline 6 weeks Placebo 6 weeks Placebo 6 weeks Cytisinicline 6 weeks Monthly Follow-Up CYT: 6 weeks CYT: 6 weeks n=270 CYT: 6 weeks Placebo: 6 weeks n=269 Placebo: 12 weeks n=271 Objective: Evaluate safety and efficacy of 3.0 mg of cytis

  16. Slide 16: ORCA-2: Demographics and Baseline Characteristics

    ORCA-2: Demographics and Baseline Characteristics Characteristic​​ Randomized (N=810) Sex​​ Female​​ Male​​ ​ 442 (55%)​ 368 (45%)​ Race​​ White​​ Black or African American​​ Other ​ 659 (81%)​ 130 (16%)​ 21 (3%)​ Age (yrs)​​ Median​ ​ 54 Average # Daily Cigarettes in last 30 days Median ​​ ​ 20 Dur

  17. Slide 17: 12-week Cytisinicline Treatment: 6.3x Increased Likelihood of Cessation

    12-week Cytisinicline Treatment: 6.3x increased likelihood of cessation at end of treatment Quit Rates for 3 mg TID vs Placebo Primary Endpoint: Weeks 9-12 Odds Ratio 6.3 (p<0.0001) Secondary Endpoint: Weeks 9-24 Odds Ratio 5.3 (p<0.0001) (3 months) (1 month)

  18. Slide 18: 6-week Cytisinicline Treatment: 8x Increased Likelihood of Cessation

    (4.5 months) (1 month) 6-week Cytisinicline Treatment: 8x increased likelihood of cessation at end of treatment Quit Rates for 3 mg TID vs Placebo Primary Endpoint: Weeks 3-6 Odds Ratio 8.0 (p<0.0001) Secondary Endpoint: Weeks 3-24 Odds Ratio 3.7 (p=0.0016)

  19. Slide 19: Safety Profile: Well-tolerated with Single Digit Rates of Adverse Events

    No treatment-related serious adverse events reported Safety Profile: Well-tolerated with single digit rates of adverse events Most commonly reported AE’s (>5% Overall) 166 (61.5%) 172 (63.9%) 184 (68.1%) 13 (4.8%) 23 (8.6%) 26 (9.6%) Adverse Event (AE) Placebo (N=270) 6-week CYT (N=269) 12-week CYT

  20. Slide 20: ORCA-2 & ORCA-3 Combined Results

    Forward Looking Statements ORCA-2 & ORCA-3 Combined Results

  21. Slide 21: ORCA-2 and ORCA-3 Demographics and Baseline Characteristics

    ORCA-2 and ORCA-3 Demographics and Baseline Characteristics Characteristic​​ ORCA-2 Randomized (N=810) ORCA-3 Randomized (N=792) Sex​​ Female​​ Male​​ ​ 442 (55%)​ 368 (45%)​ ​ 439 (55%)​ 353 (45%)​ Race​​ White​​ Black or African American​​ Other ​ 659 (81%)​ 130 (16%)​ 21 (3%)​ ​ 631 (80%)​ 139 (1

  22. Slide 22: 12-week Cytisinicline Treatment: ORCA-2 and ORCA-3

    Cytisinicline Placebo 12-week Cytisinicline Treatment: ORCA-2 (N=810) and ORCA-3 (N=792) Secondary Endpoint (Weeks 9-24) Primary Endpoint (Weeks 9-12) Odds Ratio: 5.79 (p<0.0001) Odds Ratio: 5.3 (p<0.0001) Odds Ratio: 4.40 (p<0.0001) Odds Ratio: 6.3 (p<0.0001)

  23. Slide 23: 6-week Cytisinicline Treatment: ORCA-2 and ORCA-3

    Cytisinicline Placebo 6-week Cytisinicline Treatment: ORCA-2 and ORCA-3 Secondary Endpoint (Weeks 3-24) Primary Endpoint (Weeks 3-6) Odds Ratio: 6.25 (p=0.0006) Odds Ratio: 3.7 (p=0.0016) Odds Ratio: 2.85 (p=0.0008) Odds Ratio: 8.0 (p<0.0001)

  24. Slide 24: Safety Profile: Well-tolerated with Low Rates of Adverse Events

    No treatment-related serious adverse events reported Safety Profile: Well-tolerated with low rates of adverse events reported Most commonly reported AE’s (>5% Overall) 166 (61.5%) 172 (63.9%) 184 (68.1%) 13 (4.8%) 23 (8.6%) 26 (9.6%) Adverse Event (AE) Placebo 6-week CYT 12-week CYT At least 1 TEAE

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