Enlivex Ltd. · NASDAQ:ENLV

Enlivex — Enlivex Therapeutics — Investor Presentation (February 2024)

30 slides from Enlivex's investor presentation, February 2024

  1. Slide 1: Off-the-shelf, universal, macrophage reprogramming cell therapies

    Off-the-shelf, universal, macrophage reprogramming cell therapies for life- threatening and debilitating diseases NASDAQ Ticker: ENLV

  2. Slide 2: Forward-Looking Statements

    Forward-Looking Statements These slides and the accompanying oral presentation contain forward-looking statements and information. Forward-looking statements are subject to known and unknown risks, uncertainties, and other factors that may cause our or our industry’s actual results, levels or activi

  3. Slide 3: Enlivex: next-generation, differentiated cell therapies

    Enlivex: next-generation, differentiated cell therapies PAST FUTURE • Autologous • Off-the-shelf • Not scalable • Scalable • High COGS • Low COGS & • Engineered T-cells • New cell modalities • NKs • Gamma-delta • Macrophages 3

  4. Slide 4: Immune system balance: macrophages are key player

    Immune system balance: macrophages are key player In some diseases, Primary immune cells that macrophages are negatively- regulate immune activity reprogrammed and become non-homeostatic Non-homeostatic macrophages First-responders to pathogenic cause excess damage and challenge and orchestrate the

  5. Slide 5: Macrophage homeostasis implies proper function for its specific tissue, environment, and challenge

    Macrophage homeostasis implies proper function for its specific tissue, environment, and challenge. Reprogramming imbalanced macrophage populations can lead to disease resolution Non-homeostatic, Homeostatic Macrophages pro-inflammatory Macrophages TM Pro-homeostasis Allocetra Pro-inflammatory Pro-o

  6. Slide 6: Allocetra

    AllocetraTM • First-ever cell therapy designed to restore macrophage homeostasis, overall immune rebalancing. • Provide a highly-differentiated new modality that may offer effective treatment to sepsis and osteoarthritis patients.

  7. Slide 7: Allocetra for macrophage reprogramming: the manufacturing process

    Allocetra for macrophage reprogramming: the manufacturing process Proprietary, universal, off-the-shelf, frozen-formulation, macrophage-reprogramming cells Allocetra characteristics Allocetra delivery into macrophages via engulfment Allocetra Allocetra PtdSer Allocetra • Mononuclear cells collected

  8. Slide 8: Allocetra for macrophage reprogramming

    Allocetra for macrophage reprogramming Pipeline of reprogrammable macrophage-modulated indications Potential support Global for EU Conditional Post EU Marketing Indication Pre-Clinical Phase Ib Phase IIb Market Size Marketing Approval US Phase 3 Submission Randomized, Organ failure associated with $

  9. Slide 9: Allocetra: Reprogramming macrophages responsible for organ failure in Sepsis

    AllocetraTM Reprogramming macrophages responsible for organ failure in Sepsis

  10. Slide 10: Cytokine/Chemokine network in sepsis

    Cytokine/Chemokine network in sepsis: the impossible task of resolving sepsis with inhibition of a certain cytokine or signaling pathway Ghrelin G-CSF MΦ: Macrophages GM-CSF TREM-1 sTNFR1 Activation Inhibition Gro-α/β MCP-1 Chemotaxis Bacterial TNFα infection Downregulated in most of the patients IL

  11. Slide 11: Phase Ib clinical trial of macrophage reprogramming in Sepsis patients

    AllocetraTM Phase Ib clinical trial of macrophage reprogramming in Sepsis patients

  12. Slide 12: Sequential Organ Failure Assessment (SOFA) Score

    Sequential Organ Failure Assessment (SOFA) Score The sequential organ failure assessment score (SOFA score), previously known as the sepsis-related organ failure assessment score, is used to track a person's status during the stay in an intensive care unit (ICU) to determine the extent of a person's

  13. Slide 13: High degree of matching: treated vs controls

    High degree of matching: treated vs controls Treated (n=10) Matched Controls (n=37) Average age 71.5 (51-83) 71.25 (50-83) Male/female 80/20 80/20 Average diagnosis SOFA 3.4 (2-6) 3.47 (2-7) Average diagnosis Apache II score 12.3 (8-21) 14.25 (5-24) Sepsis source Pneumonia 50% 53% Biliary infections

  14. Slide 14: Allocetra macrophage reprogramming leads to improved outcomes for sepsis patients

    Allocetra macrophage reprogramming leads to improved outcomes for sepsis patients Alive and organs recovered on day 28: 100% vs 41% 120% Day 28 treatment outcomes Day 28, Mortality 100% 100% Day 28 mortality 80% Day 28 still with organ failures 60% 41% 40% 32% Hospital discharge 27% 20% 0% 0% 0% All

  15. Slide 15: Allocetra macrophage reprogramming leads to improved outcomes for Sepsis patients

    Allocetra macrophage reprogramming leads to improved outcomes for Sepsis patients Statistically significant improvement in hospitalization and SOFA vs. matched controls Time to ICU discharge Average SOFA score during 28 days Drastic difference in organ failure resolution 5 4.4 4.1 4.1 4.0 4 3.47 Avg

  16. Slide 16: Clinical summary of macrophage reprogramming in Sepsis Phase Ib

    Clinical summary of macrophage reprogramming in Sepsis Phase Ib: complete recovery from any organ failure for all 10 patients and 100% 28-day survival Sepsis clinical characteristics and organ recovery Organ Dysfunction Each patient had at least 2 organ dysfunctions, maximum of 5 Kidney 3/9 patients

  17. Slide 17: Sepsis: Allocetra Phase II clinical plan

    Sepsis AllocetraTM macrophage reprogramming Phase II clinical plan Sepsis Phase II Addressable global market $33 Billion market (severe Sepsis only) Type Controlled, randomized, multi-country, multi-center Patients 80-160, SOFA < 10, Source: pneumonia, biliary, urinal tract, and peritoneal infection

  18. Slide 18: Phase Ib & II Clinical Trials in COVID-19

    AllocetraTM Phase Ib & II Clinical Trials in COVID-19 Patients in Severe or Critical Condition

  19. Slide 19: Despite strong clinical results, COVID-19 business opportunity is de-prioritized

    Despite strong clinical results, COVID-19 business opportunity is de-prioritized • Primary reasons: • Availability of therapeutics for mild/moderate patients • Dominance of Omicron variants, who seem to cause less severe disease in most patients • Regulators “step-back” and reluctance to provide eme

  20. Slide 20: Allocetra: Positive Phase Ib and top line Phase II results in COVID-19

    AllocetraTM: Positive Phase Ib and top line Phase II results in COVID-19 Hospitalization Clinical Outcome # Patients Post Administration of AllocetraTM Clinical Trial Disease Severity * enrolled Recovered Mortality Discharged Duration Day 28 Day 28 Day 28 (days, avg.) Phase Ib 5 2 Severe, 3 Critical

  21. Slide 21: Allocetra and Osteoarthritis

    Allocetra and Osteoarthritis Pro-inflammatory macrophages lead to a chronic low-grade inflammation and eventually cartilage degradation • Osteoarthritis (OA) is a worldwide highly prevalent chronic joint disease that causes pain, disability, and loss of function. • Globally, prevalent cases of OA in

  22. Slide 22: Osteoarthritis vertical - severe compassionate case

    Osteoarthritis vertical - severe compassionate case as basis for Allocetra potential ● 70-year old patient who suffered for many years from vanishing bone disease (Gorham-Stout syndrome) ● A rare disease characterized by destruction of osseous matrix and proliferation of vascular structures, resulti

  23. Slide 23: Osteoarthritis vertical, ongoing and planned clinical trials

    Osteoarthritis vertical, ongoing and planned clinical trials ● End-stage knee osteoarthritis ● Investigator-initiated Phase I/II, 12 patients ● Patients have already been indicated for knee replacement surgeries ● Offered an injection of AllocetraTM in lieu of surgery ● First patient dosed ● Data re

  24. Slide 24: Macrophage reprogramming in solid tumor microenvironment

    AllocetraTM Macrophage reprogramming in solid tumor microenvironment Unique & differentiated value proposition

  25. Slide 25: Synergistic effect of Allocetra + anti-CTLA4 in peritoneal mesothelioma

    Synergistic effect of Allocetra + anti-CTLA4 in peritoneal mesothelioma solid tumor Legend Initial cancer spread advanced cancer spread mouse dead mouse alive Mortality 100% 75% 71.5% 33% 0% Survival 0% 25% 28.5% 67% 100% Complete 0% 25% 28.5% 67% 100% cure IVIS imaging, AB12-137 study 25

  26. Slide 26: Enlivex - Planned Milestones (24 months)

    Enlivex - Planned Milestones (24 months) April-24 Q3-25 Q4 2022 Top line data macrophage Moderate knee Received FDA approval for IND reprogramming Sepsis osteoarthritis Phase I/II (Phase I/II in advanced-stage Phase II (randomized, top-line data solid tumors patients) controlled) (randomized, contro

  27. Slide 27: Financial Summary

    Financial Summary NASDAQ GS ENLV Cash $30MM (Sep 30, 2023) Debt None Shares Outstanding 18.4 MM Funded Through Dec 31, 2025. 27 27

  28. Slide 28: Management

    Management Founder and President of PROLOR Biotech through a $560mm sale in 2013. Lead product Shai Novik partnered to Pfizer, $295 million down payment, $275 upon FDA & other regulatory approvals. Executive Chairman Now named Ngenla® by Pfizer, received marketing authorizations starting 2022 in Aus

  29. Slide 29: Board Of Directors

    Board Of Directors Shai Novik Founder and President of PROLOR Biotech, Sold in 2013 ($560mm transaction). Lead product partnered to Pfizer, Executive Chairman $295 million down payment, $275 upon FDA & other regulatory approvals. BLA filed by Pfizer late 2020. Former Worldwide Head of Licensing and

  30. Slide 30: Thank You

    Thank You

Enlivex Therapeutics — Investor Presentation (February 2024) on 6ix