Inhibrx Biosciences, Inc. · NASDAQ:INBX

Inhibrx Biosciences — Investor Presentation (January 2021)

31 slides from Inhibrx Biosciences's investor presentation, January 2021

  1. Slide 1: Innovation Driven, Outcomes Focused

    Innovation Driven Outcomes Focused January 2021

  2. Slide 2: Presentation disclaimer

    Presentation disclaimer The Company may not actually achieve the plans, intentions or expectations disclosed in its This presentation contains forward-looking statements. In some cases, you can forward-looking statements, and you should not place undue reliance on the Company’s identify forward-look

  3. Slide 3: Key investment highlights

    Key investment highlights Validation from industry Four clinical programs Proprietary single leading partners with upcoming readouts domain antibody (sdAb) platform Potential rapid path Experienced leadership to first approval and team aligned with financial sustainability investors 3

  4. Slide 4: Four differentiated clinical programs addressing large market opportunities

    Four differentiated clinical programs addressing large market opportunities !" INBRX-109 INBRX-106 INBRX-105 INBRX-101 Tetravalent DR5 agonist Hexavalent OX40 agonist PD-L1x4-1BB tetravalent AAT-Fc fusion protein + Single agent activity in + Potential across numerous conditional agonist + Potential

  5. Slide 5: Inhibrx's modular sdAb platform

    Inhibrx’s modular sdAb platform Versatile and innovative formats enable validated Inhibrx multivalent formats complex target biology to be exploited Precision engineering 75 kDa 90 kDa 105 kDa 120 kDa 135 kDa – Multivalent – precise valency selection engineered to specific target biology – Multispec

  6. Slide 6: INBRX-109

    INBRX-109 Tetravalent DR5 Agonist

  7. Slide 7: Death receptor target overview

    Death receptor 5 target overview Death receptor 5 (DR5) is a receptor for the tumor necrosis factor-related Valency apoptosis-inducing ligand (TRAIL) 2 4 >4 DR5 activation naturally eliminates damaged and neoplastic cells cancer cancer cancer Apoptosis Higher order clustering of DR5 is required to d

  8. Slide 8: Valency drives DR5-mediated apoptosis

    Valency drives DR5-mediated apoptosis Impact of valency on DR5 induced tumor cell death Antibody TRAIL INBRX-109 Tetravalent 100 Anti-DR5 mAb 75 (Bivalent) DR5 DR5 DR5 %Viability TRAIL 50 (Trivalent) 25 INBRX-109 (Tetravalent) 0 cancer cancer cancer 10-5 -4 10 -3 10 10 -2 10-1 1 10 Concentration (nM

  9. Slide 9: INBRX-109 engineered to avoid hepatotoxicity

    INBRX-109 engineered to avoid hepatotoxicity Therapeutic format selection designed to balance efficacy and safety Human hepatocyte toxicity assay TAS266 TAS266 INBRX-109 INBRX-109 Hex-1F5 Hepatocytes may be subject to on-target toxicity for DR5 pathway agonism + Previous tetravalent DR5 agonist failed

  10. Slide 10: Ph1 INBRX-109 trial design and status

    Ph1 INBRX-109 trial design and status First in human Phase 1 trial started Nov. 2018 PART 1: PART 2: Dose expansion PART 3: Dose escalation cohorts Combination studies completed ongoing initiated 0.3 to 30 mg/kg Aug. 2019 Initial expansion cohort indications were selected based on in vitro and 20 Pa

  11. Slide 11: Fast to market opportunity

    Fast to market opportunity Chondrosarcoma Incidence rate PFS from failed study of ~1 in 200,000 persons per year Therapeutic IPI-926 (HH) Control arm Placebo Subject number 100 (2:1) ~1,400 Efficacy data PFS 3.7 mo vs 2.9 mo Placebo cases per year Comment Negative study No approved therapeutic for t

  12. Slide 12: INBRX-109 data and registration-enabling study design in chondrosarcoma

    INBRX-109 data and registration-enabling study design in chondrosarcoma INBRX-109 in chondrosarcoma: Potential registration-enabling study design: Randomized, double-blind, placebo-controlled, Phase 2 study of INBRX-109 as any-line therapy in unresectable or metastatic conventional chondrosarcoma Ra

  13. Slide 13: INBRX-109 potential in multiple indications

    INBRX-109 potential in multiple indications FUTURE POTENTIAL OPPORTUNITIES Solid tumors STUDIES INITIATED + IAP antagonists IN Q3 OF 2020 Hematologic tumors INITIAL INDICATIONS Pancreatic – 2nd line + Bcl-2 inhibitors FOLFIRI Chondrosarcoma NSCLC Registration-enabling study Mesothelioma + various co

  14. Slide 14: INBRX-106

    INBRX-106 Hexavalent OX40 Agonist

  15. Slide 15: INBRX-106 hexavalent OX40 agonist

    INBRX-106 hexavalent OX40 agonist OX40 is a co-stimulatory receptor on activated T-cells OX40: sdAb OX40: sdAb Hexavalent engagement of OX40: • Provides co-stimulation to activated T-cells OX40: sdAb OX40: sdAb • Reverses regulatory T-cell induced immune suppression OX40: sdAb OX40: sdAb • Enhances

  16. Slide 16: INBRX-106 is a best-in-class OX40 agonist

    INBRX-106 is a best-in-class OX40 agonist Valency Isotype Ligand blocking Candidates Status MOXR-0916 Discontinued GSK-3174998 Ph 1 (MM, 2019) BMS-986178 Ph 1 (2016) Bi- IgG1 Y INCAGN-1949 Ph 1 (2016) ABBV-368 Ph 1 (HNSCC, 2020) IBI-101 Ph 1 (2018) MEDI-0562 Discontinued Bi- IgG2 Y PF-04518600 Disco

  17. Slide 17: Hexavalent OX40 agonism potently induces anti-tumor immune activation

    Hexavalent OX40 agonism potently induces anti-tumor immune activation Redmond lab Earle A. Chiles Research Institute Providence Cancer Institute Hexavalent OX40 agonism impacts multiple cell populations to tip the balance toward tumor eradication 17

  18. Slide 18: Phase 1 INBRX-106 trial design and status

    Phase 1 INBRX-106 trial design and status Initial data from Part 1 - Dose escalation in combination with Keytruda™ initiated PARTS 1 & 3: - Signs of single agent activity, including prior PD-1 failures PARTS 2 & 4: Dose escalation - 0.03 mg/kg dose selected based on rapid loss of OX40, memory T cell

  19. Slide 19: INBRX-105

    INBRX-105 PD-L1 x 4-1BB Multispecific

  20. Slide 20: INBRX-105 tumor-targeted 4-1BB agonist

    INBRX-105 tumor-targeted 4-1BB agonist 41BB agonism boosts anti-tumor T-cell activity PD-L1: sdAb INBRX-105, a PD-L1 dependent 4-1BB agonist: • Provides potent PD-1/PD-L1 blockade • 4-1BB agonism only at sites of PD-L1 expression, 4-1BB: sdAb provides local co-stimulation to TILs • Engineered to avo

  21. Slide 21: INBRX-105 reversed suppression by PD-L1

    INBRX-105 reversed suppression by PD-L1 Anti-PD-L1 Anti-PD-L1 INBRX-105 potently reversed PD-L1/PD-1 MCLA-145 analog* suppression with activity equivalent to displayed ~20 fold Tecentriq® in preclinical assay reduction in potency Cell based PD-1/PD-L1 blockade assay: artificial Data indicated potent

  22. Slide 22: Phase 1 INBRX-105 trial design and status

    Phase 1 INBRX-105 trial design and status First in human Phase 1 trial started Feb. 2019 PART 1: PART 2: PART 3: PART 4: Dose escalation Dose expansion Dose escalation Dose expansion ongoing planned planned planned INBRX-105 INBRX 105 INBRX-105 + Keytruda™ INBRX-105 + Keytruda™ Locally advanced or 2

  23. Slide 23: INBRX-101

    INBRX-101 Recombinant Alpha-1 Antitrypsin Fc-fusion Protein

  24. Slide 24: AATD and current therapy shortcomings

    AATD and current therapy shortcomings What is AATD? AATD standard of care AATD is an orphan respiratory Current therapy is sub-optimal inherited disease Plasma derived AAT with weekly infusions is Increases risk of developing pulmonary not able to maintain normal serum AAT levels disease, resulting

  25. Slide 25: INBRX-101 optimizing AAT augmentation therapy

    INBRX-101 optimizing AAT augmentation therapy Elimination of oxidation-prone residues INBRX-101 is a precisely engineered recombinant human AAT-Fc fusion protein AAT • Potential to extend the dosing range, from weekly to every three weeks, while maintaining patients in the normal range of AAT exposu

  26. Slide 26: INBRX-101: first human pharmacokinetic data

    INBRX-101: first human pharmacokinetic data PK profile of first 5 patients: 10 mg/kg INBRX-101 10 Serum AAT level (μM) Preliminary human PK data for first five subjects dosed with 10 mg/kg single IV dose of INBRX-101 1 • Consistent with preclinical estimates • Estimated human half-life is approximat

  27. Slide 27: Near term expected clinical milestones

    Near term expected clinical milestones INBRX-101 (AAT) Phase 1 data INBRX-105 (PDL-1x41BB) expansion cohort data INBRX-109 (DR5) initial combination study data INBRX-106 (OX40) / Keytruda dose escalation cohort data INBRX-109 (DR5) registration-enabling trial initiation- chondrosarcoma INBRX-105 (PD

  28. Slide 28: Inhibrx contact details

    11025 N. Torrey Pines Rd, Ste 140 La Jolla, CA 92037 www.inhibrx.com

  29. Slide 29: Supplementary Slides

    Supplementary Slides

  30. Slide 30: INBRX-109 data in malignant pleural mesothelioma

    INBRX-109 data in malignant pleural mesothelioma Cut point 17-Oct-2020, study ongoing Disclaimer: Per investigator assessments, not confirmed by central radiology review, and data subject to change PR=Partial Response, SD=Stable Disease, PD=Progressive Disease, NE=Not Evaluable ► Ongoing 30 *Off-stu

  31. Slide 31: INBRX-109 - favorable Adverse Event (AE) profile

    INBRX-109 - favorable Adverse Event (AE) profile AE Term AE related to INBRX-109 (very likely, probable, possible) Grade per CTCAEv5.0 Gr1&2 (N) Gr1&2 (%) Gr=/>3 (N) Gr=/>3 (%) All Grade (N) All Grade (%) Fatigue 14 18 0 0 14 18 AST increased 7 9 3 4 10 13 ALT increased 7 9 3 4 10 13 Nausea 6 8 1 1

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