Crinetics Pharmaceuticals, Inc. · NASDAQ:CRNX

Crinetics Pharmaceuticals — Technical Presentation (March 2022)

23 slides from Crinetics Pharmaceuticals's technical presentation, Mar 30, 2022

  1. Slide 1: CRN04777: Phase 1 Multiple Ascending Dose (MAD) Preliminary Results

    CRN04777: PHASE 1 MULTIPLE ASCENDING DOSE (MAD) PRELIMINARY RESULTS March 30, 2022

  2. Slide 2: Safe Harbor Statement

    Safe Harbor Statement This presentation contains forward-looking statements. Crinetics cautions you that statements contained in this presentation regarding matters that are not historical facts are forward-looking statements. These statements are based on the company’s current beliefs and expectati

  3. Slide 3: CRN04777 MAD Results Build on Pharmacologic Proof-of-Concept Data from SAD Study

    CRN04777 MAD Results Build on Pharmacologic Proof-of-Concept Data from SAD Study Well-tolerated at doses from 30 mg to 120 mg administered once daily for 10 days • No Serious Adverse Events (SAEs) • All Adverse Events (AEs) considered mild/moderate Further demonstrated pharmacologic POC by showing d

  4. Slide 4: Crinetics’ Endocrine Development Strategy

    Crinetics’ Endocrine Development Strategy Preclinical POC Phase 2/3 Safety, ∆ Glucose & Disease Efficacy Hormones, ∆ Glucose & Hormones, PK, Safety PROs, PK, Safety Phase 1 Healthy Phase 2/3 Trials Volunteers (Patients) Phase 1 Healthy Volunteer Safety, Pharmacologic POC ∆ Glucose & Hormones, PK, Sa

  5. Slide 5: Congenital Hyperinsulinism (HI) Results in Life Threatening Recurrent Hypoglycemia

    Congenital Hyperinsulinism (HI) Results in Life Threatening Recurrent Hypoglycemia Congenital HI patients secrete insulin even when Congenital HI is a devastating rare blood sugar is low, causing hypoglycemia disease (U.S. prevalence = 1.5-2K) • Untreated hypoglycemia can result in life- Low High th

  6. Slide 6: Unmet Medical Needs in Congenital HI are Very High

    Unmet Medical Needs in Congenital HI are Very High Patient & Parent Goals  Avoid hypoglycemia and its consequences including From Congenital Hyperinsulinism International’s 2022 Rare Disease Day neurological damage Awareness Campaign  Safely sleep through the night  Avoid pancreatectomy  Elimina

  7. Slide 7: Current Congenital HI Therapies have Limited Efficacy and Additional Shortcomings

    Current Congenital HI Therapies have Limited Efficacy and Additional Shortcomings Direct Glucose Support Direct Low High Glucose blood blood In use: Support sugar sugar • Intravenous glucose sometimes requiring central venous administration Pancreas • Enteral dextrose delivered via a Glucagon Insuli

  8. Slide 8: Current Congenital HI Therapies have Limited Efficacy and Additional Shortcomings

    Current Congenital HI Therapies have Limited Efficacy and Additional Shortcomings Shortcomings related to safety, efficacy, & route of administration hamper congenital HI treatments Pancreas Directed to Suppress Insulin Secretion In use: Direct therapies Low High Diazoxide • Ineffective in ~50% of p

  9. Slide 9: CRN04777: Oral SST5 Agonist with Potential to Overcome Shortcomings of Competing Therapies

    CRN04777: Oral SST5 Agonist with Potential to Overcome Shortcomings of Competing Therapies Low High blood blood sugar sugar Pancreas CRN04777 in We believe CRN04777 is the only Glucagon Insulin Phase 1 investigational oral product (α-cells) (β-cells) candidate in clinical development that is designe

  10. Slide 10: SST5 Inhibits Insulin Secretion Downstream of all Known HI Causing Mutations

    SST5 Inhibits Insulin Secretion Downstream of all Known HI Causing Mutations CRN04777 Pancreas (SST5 Agonist) KATP channel Depolarization Ca2+ channel X SST5 receptor GLUT2 X Glucose sensing ATP/ADP Ca2+ Glucose Glycolysis Inhibition of insulin secretion X Amino acid metabolism Prevention of X Gluco

  11. Slide 11: CRN04777 MAD Study Designed to Build on SAD Pharmacologic Proof-of-Concept Data

    CRN04777 MAD Study Designed to Build on SAD Pharmacologic Proof-of-Concept Data Follows Crinetics’ core endocrine strategy of using hormonal biomarkers to drive development MAD Study Goals Pharmacodynamic Assessments • Evaluate safety and tolerability with repeat dosing 1. Fasting plasma glucose and

  12. Slide 12: CRN04777 was Well Tolerated with No Dose Discontinuations due to Adverse Events

    CRN04777 was Well Tolerated with No Dose Discontinuations due to Adverse Events All causality treatment emergent adverse events Most Frequent Placebo (SAD+MAD) ‘4777 (SAD+MAD) • As expected, GI side effects (mild to moderate nausea, TEAEs (N=29) n (%) (N=78) n (%) vomiting, diarrhea) were the most c

  13. Slide 13: MAD PK Results and Exposures were Consistent with Expectations from SAD Data

    MAD PK Results and Exposures were Consistent with Expectations from SAD Data at the Same Doses Favorable PK results support once daily dosing Steady State PK Concentration-Time Profile at Steady State (Day 9) • Oral bioavailability • Favorable half-life of ~40 hours • Rapidly absorbed with a tmax of

  14. Slide 14: Dose-Dependent Decrease in Fasting Insulin Led to Increases in Plasma Glucose

    Dose-Dependent Decrease in Fasting Insulin Led to Increases in Plasma Glucose CRN04777 drove rapid and sustained changes in insulin and glucose levels in healthy volunteers Fasting Insulin Levels Plasma Glucose Levels 10 120 Plasma Glucose (mg/dL) 8 110 Insulin (mU/L) 6 100 4 90 2 0 80 1(a) 2 3 4 5

  15. Slide 15: CRN04777 MAD Study Designed to Build on SAD Pharmacologic Proof-of-Concept Data

    CRN04777 MAD Study Designed to Build on SAD Pharmacologic Proof-of-Concept Data Follows Crinetics’ core endocrine strategy of using hormonal biomarkers to drive development Sulfonylurea (SU) Challenge Sulfonylureas block KATP channels, Baseline (Day -2) inducing insulin secretion, mimicking Pancreas

  16. Slide 16: CRN04777 Reversed SU-Induced Insulin Secretion in a Pharmacologic Model of Congenital HI

    CRN04777 Reversed SU-Induced Insulin Secretion in a Pharmacologic Model of Congenital HI Insulin Levels Following Sulfonylurea (SU) Challenge Placebo QD `4777 30 mg QD `4777 60 mg QD `4777 120 mg QD 60 60 60 60 Day -2 (N=9) Day -2 (N=6) Day -2 (N=6) Day -2 (N=6) Day 10 (N=9) Day 10 (N=6) Day 10 (N=6

  17. Slide 17: CRN04777 Reversed SU-Induced Hyperinsulinism in a Pharmacologic Model of Congenital HI

    CRN04777 Reversed SU-Induced Hyperinsulinism in a Pharmacologic Model of Congenital HI CRN04777 eliminated the need for IV glucose support by inhibiting excess insulin secretion Glucose Infusion Rate (GIR) – Increases in Proportion to Insulin Secretion `4777 30 mg QD `4777 60 mg QD `4777 120 mg QD 8

  18. Slide 18: Dose-Dependent Reduction in IV Glucose Support Needed to Maintain Normal Blood Glucose Levels

    Dose-Dependent Reduction in IV Glucose Support Needed to Maintain Normal Blood Glucose Levels CRN04777 inhibited SU-induced insulin secretion & eliminated the need for IV glucose support Change in Insulin (AUC-55-120min) Change in Glucose Infusion Rate (AUC0-10h) 50% 20% 17% Compared to Baseline Com

  19. Slide 19: SU Challenge / Glucose Clamp Study Designed to Mirror the Congenital HI Patient Experience

    SU Challenge / Glucose Clamp Study Designed to Mirror the Congenital HI Patient Experience Crinetics’ goal is to obviate the need for IV dextrose and/or feeding tubes Mirroring Patient Experience • Sulfonylurea recapitulates the effects of the most common genetic mutations in congenital HI patients

  20. Slide 20: Conclusions from CRN04777 Phase 1 Program

    Conclusions from CRN04777 Phase 1 Program Objectives: CRN04777 was well tolerated in the Phase 1 program • Evaluate Safety and tolerability Favorable pharmacokinetics results support once-daily dosing • Rapidly absorbed after oral administration (tmax ~1-3 hrs.) • Evaluate Drug-like • Half-life of ~

  21. Slide 21: Next Steps: Advancing Towards Program in Congenital HI Patients

    Next Steps: Advancing Towards Program in Congenital HI Patients 1 Discuss program data package with global regulators Initiate program in congenital HI patients 2 (anticipated in 2H22) Continued engagement with international congenital HI 3 patient advocacy groups and Centers of Excellence CRINETICS

  22. Slide 22: Pipeline Targets Multi-Billion $ Total Addressable Market with Internally Discovered Drug Candidates

    Pipeline Targets Multi-Billion $ Total Addressable Market with Internally Discovered Drug Candidates NCE patent portfolio expected to provide protection into the 2040s Development Stage (Potential Registrational Endpoints) Prevalence PROGRAM US Global Range Preclin Phase 1 Phase 2 Phase 3 Total per

  23. Slide 23: 2021 Accomplishments and Anticipated 2022 Milestones

    2021 Accomplishments and Anticipated 2022 Milestones 2021 Accomplishments 2022 Accomplishments & Anticipated Milestones ✓ Initiated Ph 3 PATHFNDR program of paltusotine in acromegaly ✓ Strategic partnership for paltusotine in Japan ✓ Phase 1 POC data for CRN04894 ✓ CRN04777 MAD data in 1Q22 ✓ Phase

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