Cypherpunk Technologies Inc. · NASDAQ:CYPH

Cypherpunk Technologies — Leap Therapeutics — Investor Presentation (September 2023)

42 slides from Cypherpunk Technologies's investor presentation, Sep 13, 2023

  1. Slide 1: Company presentation

    company presentation LEAP THERAPEUTICS September 13, 2023

  2. Slide 2: Forward looking statements

    Forward looking statements 2 This presentation contains forward-looking statements that involve substantial risks and uncertainties. All statements, other than statements of historical facts, contained in this presentation, including statements regarding our strategy, future operations, clinical tri

  3. Slide 3: Developing biomarker-targeted antibody therapies for cancer patients

    Developing biomarker-targeted antibody therapies for cancer patients 3 Two clinical stage antibody programs – DKN-01 targeting DKK1 FL-301 targeting CLDN18.2 Upcoming multiple milestones from two randomized clinical trials Biomarker strategy, focus on GI cancers Cash runaway to mid H1 2025 with $91.

  4. Slide 4: Pipeline

    Pipeline 4 Indication: Treatment: Preclinical Phase 1 Phase 2 Phase 3 Partners: DKN-01 Anti-DKK1 antibody tislelizumab + chemotherapy bevacizumab + chemotherapy pembrolizumab FL-302 (NBL-016) Anti-CLDN18.2/CD137 bispecific antibody FL-301 (NBL-015) Anti-CLDN18.2 antibody Gastric cancer Gastric cance

  5. Slide 5: DKN-01 Anti-DKK1 monoclonal antibody

    DKN-01 Anti-DKK1 monoclonal antibody

  6. Slide 6: The role of DKK1 in cancer

    The role of DKK1 in cancer 6 Tumor CKAP4 Angiogenesis Akt PI3K Cancer cell Cancer cells DKK1 is produced and secreted by cancer cells, and functions on several tumor pathways and nearby immune cells. Enhances the suppressive activity of MDSCs and M2 macrophages. Reduces NK cell activity and T-cell i

  7. Slide 7: Activity of DKN-01 to treat cancer

    Activity of DKN-01 to treat cancer 7 CKAP4 Angiogenesis Akt PI3K Cancer cell Cancer cells Tumor Cancer cell DKK1 DKN-01 treatment neutralizes DKK1 and stimulates an immune mediated anti-tumor response. DKN-01 DKN-01 activates NK cells, reprograms macrophagesinto the tumor-attacking M1 subtype and pr

  8. Slide 8: DKN-01 and anti-PD-1 cooperativity

    DKN-01 and anti-PD-1 cooperativity 8 Anti-PD1 Anti-PD1 PD1 DKN-01 targets innate immunity by activating NK cells, reprogramming Macrophages and inhibiting MDSCs, thus setting the stage for an enhanced adaptive immune response by anti-PD-1. Promotes a pro-inflammatory M1 macrophage phenotype. DKN-01

  9. Slide 9: DKN-01 Gastric cancer development

    DKN-01 Gastric сancer development

  10. Slide 10: DKK1-high levels are associated with poor survival in gastric cancer

    DKK1-high levels are associated with poor survival in gastric cancer 10 Strata 21 34 7 1 1 20 4 0 0 100 200 300 time to treatment discontinuation (days) High levels of DKK1 correlate with shorter overall survival In gastric cancer TCGA STAD dataset DKK1-high is associated with poor response to first

  11. Slide 11: DKN-01 single agent activity in heavily pretreated esophagogastric cancer patients

    DKN-01 single agent activity in heavily pretreated esophagogastric cancer patients 11 Baseline 4-month scan On Study 1 Year, Reduction -33.9% Failed Prior anti-PD-L1 + IDOi Best Overall Response of 20 Evaluable Patients* Partial Response 2 Stable Disease 6 Progressive Disease 12 *By Blinded Independ

  12. Slide 12: Clinical activity of DKN-01 plus paclitaxel or anti-PD-1 antibody

    *DKK1-high ≥ upper tertile (35) Clinical activity of DKN-01 plus paclitaxel or anti-PD-1 antibody 12 PD PD PD PD PD PDPD PD PD PD SD SD SD SD SD SD SD SD SD SD SD SD SD SD SD SD SD SD SD PD PD PD PD PD PD PD PD PD PD PR PR PR PR PR PR PR PR PR PR PR PR PR PD PD PD PD PD PD PD PD PD PD PD PD SD SD SD

  13. Slide 13: Response by DKK1 expression in first-line patients

    mITT* population N=22 DKK1-high N=10 DKK1-low N=9 DKK1-unknown N=3 CR - complete response 1 (5%) 0 1 (11%) 0 PR - partial response 15 (68%) 9 (90%) 5 (56%) 1 (33%) SD - stable disease 5 (23%) 0 3 (33%) 2 (67%) PD - progressive disease 0 0 0 0 NE - non-evaluable 1 (5%) 1 (10%) 0 0 Response by DKK1 ex

  14. Slide 14: Durability of clinical benefit by DKK1 expression

    Durability of clinical benefit by DKK1 expression 14 90% ORR in DKK1-high patients Best % change in sum of diameters 1L GEJ/GC DKN-01 + tislelizumab + chemotherapy Best Response Tumor Type GEJ GC DKK1 RNAscope H-score status High (≥35) Low (<35) Unknown PR - partial response SD - stable disease CR -

  15. Slide 15: Response by PD-L1 expression

    Response by PD-L1 expression 15 86% ORR in PD-L1 low patients Best % change in sum of diameters vCPS: visually-estimated combined positive score; PD-L1: programmed death-ligand 1 *Includes one pathologic CR As presented at ASCO 2023 1L GEJ/GC DKN-01 + tislelizumab + chemotherapy CR - complete respon

  16. Slide 16: Durability of clinical benefit by PD-L1 expression

    Durability of clinical benefit by PD-L1 expression 16 86% ORR in PD-L1 Low patients Best % change in sum of diameters 1L GEJ/GC DKN-01 + tislelizumab + chemotherapy Best Response Tumor Type GEJ GC PD-L1 Status vCPS High (≥5) Low (<5) Unknown PR - partial response SD - stable disease CR - complete re

  17. Slide 17: Progression-free survival

    Progression-free survival 17 DKK1-high: H-score ≥35; | DKK1-low: H-score <35 | PD-L1: Programmed Death-Ligand 1 | vCPS: Visually-Estimated Combined Positive Score Overall Population 3 3 2 2 2 2 2 2 2 1 1 1 0 6 6 5 5 5 4 4 4 4 4 4 4 3 2 2 2 2 2 2 2 2 2 1 0 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17

  18. Slide 18: Overall survival

    Overall survival Overall Population 25 0 0 28 0 28 By PD-L1 Expression By DKK1 Expression 0 28 76% 55% 24 21 21 21 20 20 20 20 20 20 20 19 17 17 17 15 13 13 12 10 9 9 8 8 4 9 0 At Risk Medrio+Rave Data Medrio+Rave Data Medrio+Rave Data Time since first dose (months) Time since first dose (months) At

  19. Slide 19: DKK1 and PD-L1 expression are not correlated

    DKK1 and PD-L1 expression are not correlated 19 This population had low overall PD-L1 expression 1L GEJ/GC DKN-01 + tislelizumab + chemotherapy 200 300 100 10 20 30 40 50 60 70 80 90 100 0 DKK1 expression (H-score) 0-300 PD-L1 expression (CPS) 0 - 100 DKK1 0 Spearman correlation r = 0.061 p-value (t

  20. Slide 20: Competitive benchmarks for anti-PD-1 + chemotherapy in 1L GEJ/GC patients

    Competitive benchmarks for anti-PD-1 + chemotherapy in 1L GEJ/GC patients 20 Nivolumab Checkmate-649 ORR (%) (95% CI) 51.3% (47.7%, 54.8%) 50% (46%, 55%) 47% (43%, 50%) 9.6 8.0 (8.2, 12.4) 8.5 (7.7, 9.9) 8.3 (7.0, 9.3) 7.7 (7.1, 8.6)) 9.0 (8.2, 19.4) DOR months (95% CI) PFS months (95% CI) Checkmate

  21. Slide 21: DisTinGuish Part C randomized study

    DisTinGuish Part C randomized study 1L GEJ/GC DKN-01 + tislelizumab + chemotherapy 21 DKN-01 + tislelizumab + SOC chemotherapy (XELOX or mFOLFOX6) Tislelizumab + SOC chemotherapy (XELOX or mFOLFOX6) N=80 N=80 Stratification factors: • DKK1 expression (TPS ≥ 20% vs < 20%) • PD-L1 (CPS ≥5 vs < 5) Key

  22. Slide 22: DKN-01 Colorectal cancer development

    DKN-01 Colorectal cancer development

  23. Slide 23: DKN-01 activity in combination with 5-FU chemotherapy in colorectal cancer models

    DKN-01 activity in combination with 5-FU chemotherapy in colorectal cancer models 23 • DKN-01 has efficacy in CRC syngeneic models including SW480 • Additive activity was seen with 5FU chemotherapy • In a 5FU chemotherapy-resistant model, DKN-01 demonstrates significant inhibition of tumor growth Da

  24. Slide 24: DKN-01 activity in combination with 5-FU chemotherapy in colorectal cancer models

    DKN-01 activity in combination with 5-FU chemotherapy in colorectal cancer models 24 • DKN-01 has efficacy in CRC syngeneic models including HCT116 • Additive activity was seen with 5FU chemotherapy • In a 5FU chemotherapy-resistant model, DKN-01 demonstrates significant inhibition of tumor growth D

  25. Slide 25: DeFianCe study design: advanced colorectal cancer

    DeFianCe study design: advanced colorectal cancer 25 Randomized phase 2 study of FOLFIRI/FOLFOX and bevacizumab +/- DKN-01 as second-line treatment of advanced colorectal cancer 2L CRC DKN-01 + bevacizumab + chemotherapy Primary objective: PFS Secondary objectives: – ORR – DoR – OS DKN-01 + SOC chem

  26. Slide 26: DeFianCe study update – September 13, 2023

    DeFianCe study update – September 13, 2023 26 2L CRC DKN-01 + bevacizumab + chemotherapy Unknown • 33 patients dosed in Part A, completed enrollment in April • Initial efficacy outcomes drove the decision in late June to open 130 patient randomized controlled Part B • Overall response rate > 20% • V

  27. Slide 27: DKN-01 Endometrial cancer development

    DKN-01 Endometrial cancer development

  28. Slide 28: DKN-01 monotherapy - overall response by DKK1 tumoral expression

    Status Total CR PR SD PD NE ORR DCR DKK1-high (≥18)* n=8 1 1 3 3 0 25% 63% DKK1-low (<18) n=15 0 0 1 11 3 0% 7% Unknown n=6 0 0 5 1 0 0% 83% DKN-01 monotherapy - overall response by DKK1 tumoral expression 28 CR PR SD SD PD PD PD PD PD PD PD PD PD PD PD PD PD SD SD SD — PD — PD SD SD SD SD — *H-scor

  29. Slide 29: Complete response in endometrial cancer patient on DKN-01 monotherapy

    Complete response in endometrial cancer patient on DKN-01 monotherapy 29 Maximum percent ecrease -100% -60% -20% -80% -40% 0% 37.5% 56% tumor reduction CR Treatment: DKN-01 monotherapy Patient: 60 yo female with recurrent endometrial cancer Prior treatment: radiation and chemotherapy poorly tolerate

  30. Slide 30: DKN-01 plus pembrolizumab endometrial cancer study

    DKN-01 plus pembrolizumab endometrial cancer study 30 * Move to Stage II based on ORR in Stage I 2-3L EEC DKN-01 + pembrolizumab Key eligibility criteria: • > 18 years of age • Pathology-confirmed advanced or recurrent endometrial carcinoma • Non-endometrioid histologies included with a Wnt activati

  31. Slide 31: FL-301 (NBL-015) FL-302 (NBL-016) Anti-Claudin18.2 antibodies

    FL-301 (NBL-015) FL-302 (NBL-016) Anti-Claudin18.2 antibodies

  32. Slide 32: The role of Claudin18.2

    The role of Claudin18.2 32 Normal epithelial cells • Regulates barrier properties and contributes to cell-to-cell adhesion. • Expression very limited in normal tissue. • Typically buried in the tight junction complex of gastric mucosal cells. Cancer cells • In cancer, cells lose their polarity and s

  33. Slide 33: FL-301 is a potential best-in-class anti-Claudin18.2 antibody

    FL-301 (NBL-015) is a potential best-in-class anti-Claudin18.2 antibody with enhanced tumor killing efficacy 33 FL-301 CLDN18.2 Efficacy could extend to patients with lower CLDN18.2 expression that other currently used anti-CLDN18.2 antibodies. Engineered Fc High affinity Fab Higher affinity Fully h

  34. Slide 34: FL-301 clinical trial being conducted by NovaRock in China

    FL-301 (NBL-015) Phase 1 clinical trial being conducted by NovaRock in China 34 FL-301 CLDN18.2 Patients with advanced /metastatic solid expressing CLDN18.2 Stage I Stage II Measurable, advanced pancreatic adenocarcinoma Advanced solid tumors without standard treatment Measurable, advanced gastric/G

  35. Slide 35: FL-302 Claudin18.2-CD137 bispecific antibody program

    FL-302 (NBL-016) Claudin18.2-CD137 bispecific antibody program 35 FL-302 CLDN18.2-CD137 0 30 3000 2000 1000 0 Tumor volume (mm3 ) Days post implantant Control Tumor free: 0% 5 mg/kg Tumor free: 67% Tetravalent construct СLDN18.2-CD137 High affinity to claudin18.2 СLDN18.2 CD137 CLDN18.2 dependent T

  36. Slide 36: FL-501 Anti-GDF15 monoclonal antibody

    FL-501 Anti-GDF15 monoclonal antibody

  37. Slide 37: The role of GDF15 in cancer

    The role of GDF15 in cancer 37 Cancer cells GDF15 expression leads to a reduction in T cell infiltration and increase in Treg function. Cancer cell GDF15 GDF15 experessed by tumors is also able to drive cancer progression by promoting an immunosuppressive tumor microenvironment. Tumor

  38. Slide 38: FL-501 mechanism of action

    FL-501 mechanism of action Cancer cells Inhibition of GDF15 by FL-501 may promote immune stimulation in a broad range of cancers. T T reg FL Tumor -501 is designed to block the immune inhibitory activity of GDF15. Cancer cell FL-501 GDF15

  39. Slide 39: Corporate

    CORPORATE leaptherape **--

  40. Slide 40: Management team

    Management team 40 Christine Granfield Vice president, head of regulatory affairs and quality Cyndi Sirard, MD Chief medical officer Jason Baum, PhD Chief scientific officer Walter Newman, PhD Senior research fellow Douglas Onsi President & chief executive officer Mark O’Mahony Chief manufacturing o

  41. Slide 41: DKN-01 clinical milestones

    DKN-01 clinical milestones 41 Indication: Treatment: 2022 Partners: DKN-01 Anti-DKK1 antibody tislelizumab + chemotherapy bevacizumab + chemotherapy pembrolizumab Gastric cancer Colorectal cancer Endometrial cancer Q4 2023 Q1 2024 Q2 Q3 Q4 Q1 Q2 Q3 Q4 FPI Part C Initial ORR Data Initial PFS Data FPI

  42. Slide 42: Leap Therapeutics

    company presentation LEAP THERAPEUTICS September 13, 2023

Leap Therapeutics — Investor Presentation (September 2023) on 6ix