Pulmatrix, Inc. · NASDAQ:PULM

Pulmatrix — Investor Presentation (March 2017)

34 slides from Pulmatrix's investor presentation, Mar 10, 2017

  1. Slide 1: Engineering the Future for Inhaled Therapeutics

    March 2017 NASDAQ: PULM Engineering the Future for Inhaled Therapeutics Exhibit 99.1

  2. Slide 2: Disclaimers & Forward Looking Statements

    Disclaimers & Forward Looking Statements This presentation contains forward-looking statements. Forward-looking statements may be identified by the use of forward-looking terms such as “anticipates,” “assumes,” “believes,” “can,” “could,” “estimates,” “expects,” “forecasts,” “guides,” “intends,” “is

  3. Slide 3: Pulmatrix Snapshot

    Pulmatrix Snapshot Proprietary iSPERSE Technology Engineered dry powder particles enable highly efficient lung delivery independent of inhalation flow rate Strong IP provides protection into 2030s De-risked Strategy Outsourced manufacture, off-the-shelf inhalation device, 505(b)2 ANDA route to regis

  4. Slide 4: Pulmatrix Pipeline: iSPERSE Pulmonary Therapeutics

    Pulmatrix Pipeline: iSPERSETM Pulmonary Therapeutics Product Class Indication Development Phase Addressable Market PUR0200 LAMA COPD EU Bioequivalence/ Phase 2 $7.9B WW by 20191 PUR1900 Anti-fungal Cystic Fibrosis Phase 1/1A 20k patients2 ABPA Asthma >5MM patients3 PUR1500 Anti-fibrotic IPF Preclini

  5. Slide 5: Pulmatrix Team: A History of Biotech Success

    Pulmatrix Team: A History of Biotech Success Terry McGuire BOD Investor (AIR, Cubist, Ironwood) Robert Clarke, PhD CEO (12+ years) (AIR, Alkermes) Steve Gillis, PhD BOD Investor (Immunex, Bluebird) Michael Higgins BOD-Audit Chair (Genzyme) Board of Directors Management David Hava, PhD CSO (9+ years)

  6. Slide 6: Pulmatrix: Respiratory Focused Market Opportunity

    Pulmatrix: Respiratory Focused Market Opportunity Global Respiratory Market = $33 BB by 20191 Cowen & Co. Therapeutic Categories Outlook, Feb 2014 GBI Research, 2013 Radiant Insights, 2016 GlobalData.com Pulmatrix: Seeking to unlock the full potential of inhaled drugs COPD $11.3B2 Cystic Fibrosis $6

  7. Slide 7: Pulmonary Platform + Product = High Value Exit Transactions

    Pulmonary Platform + Product = High Value Exit Transactions Pearl Therapeutics Civitas Therapeutics Prosonix Insmed Indication COPD Parkinson’s Disease COPD Non-tuberculous Myco-bacterium Drug PT003 (LABA/LAMA) CVT-301 (L-Dopa) PSX1001 (Fluticasone propionate) Arikayce (Antibiotic) Development Stage

  8. Slide 8: iSPERSE Platform: Engineered for Exceptional Performance

    iSPERSETM Platform: Small, dense, dispersible, and respirable salt-containing particles Variable formulation concepts to achieve product advantages (particle size, formulation, etc.) Clinically validated advantages over conventional technologies Broad novel IP portfolio in 2030s iSPERSE Technology P

  9. Slide 9: Pulmatrix iSPERSE Strategy: De-risking the Platform

    Pulmatrix iSPERSE Strategy: De-risking the Platform Outsource GMP Manufacture: Fully integrated Pulmatrix R&D team expert in formulation/aerosol science In house spray drying capability from bench top to Size 1 scale (non-GMP) Expertly scale product concepts from early feasibility to kg scale (Size

  10. Slide 10: PUR0200 Inhaled Long Acting Muscarinic Antagonist (LAMA)

    PUR0200 Inhaled Long Acting Muscarinic Antagonist (LAMA)

  11. Slide 11: PUR0200: Bronchodilator for COPD

    PUR0200: Bronchodilator for COPD Indication Overview 64MM COPD patients WW; 3rd leading cause of death in the U.S.1 Once daily long acting muscarinic antagonist (LAMA) is the first line therapy for moderate to severe COPD patients (50%) Product Overview Branded generic iSPERSETM version of a once da

  12. Slide 12: European Development of PK Bioequivalent Orally Inhaled Drugs

    European Development of PK Bioequivalent Orally Inhaled Drugs European regulations provide guidance for the development of orally inhaled products by a step-wise equivalence approach Product approval based on matching PK of test product with reference Single dose PK studies as basis for approval -->

  13. Slide 13: PUR0200 Clinical Data: PK Bioequivalent Targets

    PUR0200 Clinical Data: PK Bioequivalent Targets PUR0200 formulations Trial Design: Single dose PK study in healthy volunteers (n=42) Seven period cross-over design 5 PUR0200 formulations 2 periods of reference product administration Trial Goals: Define relationship between PUR0200 formulation parame

  14. Slide 14: PUR0200: Clinical Demonstration of iSPERSE Efficiency

    PUR0200: Clinical Demonstration of iSPERSETM Efficiency Low Mid High Shows a matching patient benefit of iSPERSETM PUR0200 vs marketed product at 80% lower dose of inhaled active pharmaceutical ingredient (API) Reduced API could translate to improved cost of goods and side effect profile Clinical PD

  15. Slide 15: PUR0200: Next Steps in Partnership and Development

    PUR0200: Next Steps in Partnership and Development EU PK Bioequivalence Path Actively negotiating partnership structure with large pharmas Preferred development path identified EU scientific advice meetings in Q2 2017 Moving to pivotal PK bioequivalence trial US ANDA/505(b)2 path Goal is to partner

  16. Slide 16: PUR1900 Addressing Pulmonary Fungal Infections in Cystic Fibrosis and Severe Asthma

    PUR1900 Addressing Pulmonary Fungal Infections in Patients with Cystic Fibrosis and Severe Asthma

  17. Slide 17: PUR1900: Inhaled Antifungal for CF

    PUR1900: Inhaled Antifungal for CF Indication Overview CF is a fatal genetic disease of the lungs/GI tract that affects 70K patients WW; median survival of patients is 39.3 years1. Patient populations suffer from copious, static mucus leaving patients susceptible to fungal infections caused by funga

  18. Slide 18: PUR1900: Fungal Infections in Cystic Fibrosis

    PUR1900: Fungal Infections in Cystic Fibrosis Source: Chotirmall. Int J Biochem Cell Biol. 2014;1(52):161 Moss. Semin Respir Crit Care Med. 2015;36(2):207 Physician Interviews; ClearView Analysis. A combination of the host’s underlying immune state as well as pathogen-driven factors ultimately deter

  19. Slide 19: PUR1900: Disease Prevalence of Fungal Infections in CF

    PUR1900: Disease Prevalence of Fungal Infections in CF AB: Aspergillus bronchitis. ABPA: Allergic bronchopulmonary aspergillosis. % % % % % % Percent of All U.S. CF Patients Overview of Disease Prevalence by Key Patient Segment ABPA Aspergillus Bronchitis c Aspergillus Bronchitis Two recent studies

  20. Slide 20: PUR1900: Treating CF Patients with Fungal Infections

    Patient Referral Pathway Infectious Disease Specialist Pulmonologist Key Diagnostic Tools Clinical Presentation Wheezing, bloody sputum, shortness of breath, and overall deteriorating lung function are common manifestations In select instances, infectious disease specialists are consulted when clini

  21. Slide 21: PUR1900: Inhaled Itraconazole

    Relieves high treatment burden of oral antifungal therapy and improve outcomes Inhalation delivery provides improved safety and (likely superior) efficacy at a much lower total dose of drug Targeted delivery achieves high therapeutic dose directly to the site of infection avoiding GI/systemic exposu

  22. Slide 22: PUR1900 Achieves High Lung and Low Plasma Exposure

    PUR1900 Achieves High Lung and Low Plasma Exposure Once daily aerosol dosing of PUR1900 achieves 3x lung concentration over oral dosing at 25% the dose in pre-clinical evaluation Significantly lower systemic exposure with PUR1900 after both single and repeat doses Low level of systemic accumulation

  23. Slide 23: Superior Efficacy Compared to Oral Treatment of Immunosuppressed Guinea Pigs

    Superior Efficacy Compared to Oral Treatment of Immunosuppressed Guinea Pigs Treatment with PUR1900 beginning one day after infection provides greater protection than oral dosing

  24. Slide 24: PUR1900: Cystic Fibrosis Product Profile

    PUR1900: Cystic Fibrosis Product Profile Physicians highlighted that ~85% of treated AB patients would likely be prescribed an inhaled antifungal, largely due to current dissatisfaction with available agents Source: Physician Interviews; ClearView Analysis. ABPA: Allergic bronchopulmonary aspergillo

  25. Slide 25: PUR1900: Product Profile Feedback

    PUR1900: Product Profile Feedback Source: Physician Interviews ClearView Analysis. Profile Element Safety and Tolerability Dosing and ROA “If anything, I would anticipate that itraconazole delivered directly into the lungs will result in better patient outcomes compared to oral azoles.” “This ROA ma

  26. Slide 26: PUR1900: U.S. Payer Reaction

    PUR1900: U.S. Payer Reaction Payers expressed enthusiasm for PUR1900, highlighting that an inhaled antifungal addresses a key unmet medical need in cystic fibrosis. Source: Payer Interviews; ClearView Analysis. “I like the product. Seems like a TOBI but for fungal infections. This would be great for

  27. Slide 27: PUR1900: Significant Commercial Opportunity

    PUR1900: Significant Commercial Opportunity Source: Physician Interviews; ClearView Analysis. Potential LCM Opportunities for PUR1900 Physicians identified a spectrum of potential opportunities for PUR1900 commercial footprint. Potential PUR1900 LCM Opportunities Chronic Pulmonary Aspergillus SAFS O

  28. Slide 28: PUR1900: Development Strategy

    PUR1900: Development Strategy Formulation Development Strategy PUR1900 completing non-clinical safety testing to support Phase I clinical trials PUR1900 next generation formulation completing CMC/scale up; targeted for Phase II POC Clinical Development Strategy (Orphan Drug) FDA orphan drug designat

  29. Slide 29: PUR1500 Inhaled Antifibrotic for Idiopathic Pulmonary Fibrosis (IPF)

    PUR1500 Inhaled Antifibrotic for Idiopathic Pulmonary Fibrosis (IPF)

  30. Slide 30: PUR1500: Inhaled Antifibrotic for Idiopathic Pulmonary Fibrosis

    PUR1500: Inhaled Antifibrotic for Idiopathic Pulmonary Fibrosis IPF – Extremely high unmet need IPF is fatal disease with significant unmet need that afflicts between 132,000 – 200,000 patients in the US1,2,4 and 40,000 patients in the EU3,5 40,000 deaths per year; 50,000 new diagnoses each year in

  31. Slide 31: PUR1500 Exhibits Long Lung Half-Life

    PUR1500 Exhibits Long Lung Half-Life High lung concentrations versus oral dosing at significantly lower exposure doses High lung concentrations over 48h period with corresponding low plasma exposure

  32. Slide 32: Share Statistics

    Share Statistics Ticker PULM Total Shares Outstanding 17.9 million Financials Cash on Hand At February 28, 2017 $9.7 million Key Financial Data

  33. Slide 33: Engineering the Future for Inhaled Therapeutics

    March 2017 NASDAQ: PULM Engineering the Future for Inhaled Therapeutics

  34. Slide 34: Glossary

    Glossary 505(b)2 – US regulatory pathway for changes to previously approved drugs ABPA – Allergic Bronchopulmonary Aspergillosis ANDA – Abbreviated New Drug Application for a US generic drug approval for an existing licensed medication or approved drug FEV1 – Forced Expiratory Volume in 1 Second ICS

Pulmatrix — Investor Presentation (March 2017) on 6ix