Fate Therapeutics, Inc. · NASDAQ:FATE

Fate Therapeutics — Investor Presentation (November 2019)

39 slides from Fate Therapeutics's investor presentation, Nov 21, 2019

  1. Slide 1: Off-the-shelf Cell-based Cancer Immunotherapy

    Better Cells For Better Therapies™ Off-the-shelf Cell-based Cancer Immunotherapy Developing First-of-kind Cell Products using Clonal Master iPSC Lines November 2019 www.fatetherapeutics.com Page - 1 -

  2. Slide 2: Forward-Looking Statements

    Forward-Looking Statements This presentation contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company's research and development activities and its progress, plans and timelines for its manufacture, p

  3. Slide 3: First Innings of Cell Therapy Development

    First Innings of Cell Therapy Development Patient-derived CAR-T Cell Immunotherapy "When factoring in all the costs associated with CAR T-cell therapy, hospitals may Patient charge as much as $1.5 million or more to 2-3 week manufacturing avoid losing money." $425,000 drug cost Richard T. Maziarz, M

  4. Slide 4: Batch-to-Batch Engineering is Expensive and Results in Heterogeneity

    First Innings of Cell Therapy Development Batch-to-Batch Engineering is Expensive and Results in Significant Product Heterogeneity Each manufacturing batch is comprised of millions of variable engineering events in primary T cells Healthy Donor or Patient Apheresis Product Patient Specificity (CAR)

  5. Slide 5: Multiplexed CRISPR / Cas9 Gene Editing of Patient T Cells

    First Innings of Cell Therapy Development Example: Multiplexed CRISPR / Cas9 Gene Editing of Patient T Cells • Patient-specific Engineered TCR T-cell Therapy (University of Pennsylvania) – Mulitplexed CRISPR / Cas9 editing ➢ Removal of TCRα (TRAC), TCRβ (TRBC) and PD-1 (PDCD1) ➢ Transduced to expres

  6. Slide 6: Changing the Game in Cell-based Cancer Immunotherapy

    Changing the Game in Cell-based Cancer Immunotherapy The Potential to Characterize, Select and Renewably Use a Single Cell What if we had the opportunity to engineer, characterize, select, and renewably use a single cell? Page - 6 -

  7. Slide 7: Universal, Off-the-Shelf Cell Products Derived from Renewable Master Cell Lines

    Changing the Game in Cell-based Cancer Immunotherapy Universal, Off-the-Shelf Cell Products Derived from Renewable Master Cell Lines Key Features Cell Therapy 1.0 and 2.0 Cell Therapy 3.0 Cell Source Patient and Donor Cells Renewable Master Cell Line Genetic Engineering Random & Variable Uniform & C

  8. Slide 8: Human Induced Pluripotent Stem Cells (iPSCs)

    Human Induced Pluripotent Stem Cells (iPSCs) Reprogramming Adult Somatic Cells to a Pluripotent State Generation of Human iPSCs Fate Scientific Founders Rudolf Jaenisch, MD Sheng Ding, PhD Page - 8 -

  9. Slide 9: Unique Advantages of Human iPSCs

    Unique Advantages of Human iPSCs Isolation, Characterization & Selection of a Single iPSC Clone A Single Human Induced Pluripotent Stem Cell (iPSC) A renewable source for making cells Unlimited Self- Single iPSC Clone Potential to Differentiate Renewal into 200+ Cell Types Multiplexed Master Cell Li

  10. Slide 10: Off-the-Shelf Cell-based Cancer Immunotherapy

    Off-the-Shelf Cell-based Cancer Immunotherapy iPSC Product Platform for Mass Production of Universal NK Cell and T-Cell Products Clonal Master Engineered Induced Pluripotent Single-Cell Sorting iPSC Bank Stem Cells & Clonal Selection Multiplexed Gene iPSC Expansion & Engineering Banking (one-time ev

  11. Slide 11: Natural Killer (NK) Cells

    Natural Killer (NK) Cells First Line of Defense against Tumors and Diverse Range of Pathogens Array of Activating and Inhibitory Surface Receptors Mediate NK Cell Activity • Activating receptors convey multi-faceted effector function against tumor cells – Unique ability to recognize stressed / trans

  12. Slide 12: FT500 Off-the-Shelf NK Cell Product Candidate

    FT500 Off-the-Shelf NK Cell Product Candidate First-ever iPSC-derived Cell Therapy to Advance to Clinical Investigation in the U.S. FT500 Product Candidate FT500 cGMP Manufacture (non-engineered) • High levels of expression of potent activating receptors (NKG2D, NKp30/40/46) • High levels of secreti

  13. Slide 13: FT500 In Vitro Cytotoxicity vs Healthy Donor NK Cells

    FT500 Off-the-Shelf NK Cell Product Candidate In Vitro Cytotoxicity – Head-to-Head Comparison against Healthy Donor NK Cells Enhanced Cytotoxicity vs. Healthy Donor NK Cells Target Cells Donor NK Cells FT500 (fresh) (cryopreserved) Page - 13 -

  14. Slide 14: FT500 Phase 1 Dose Escalation

    FT500 Off-the-Shelf NK Cell Product Candidate Phase 1 Dose Escalation – Monotherapy and Combination with Checkpoint Inhibitor Therapy Phase 1 Dose Escalation in Advanced Solid Tumors • Regimen A: Monotherapy – Salvage setting with patients having progressed or failed all FDA-approved therapies • Reg

  15. Slide 15: FT500 Phase 1 Dose Escalation – Safety and Tolerability

    FT500 Off-the-Shelf NK Cell Product Candidate Phase 1 Dose Escalation – Monotherapy and Combination with Checkpoint Inhibitor Therapy Phase 1 Dose Escalation in Advanced Solid Tumors Assess Novel Treatment Paradigm Key Read-outs: Safety and Tolerability • First-ever U.S. clinical investigation of iP

  16. Slide 16: FT500 Phase 1 Dose Expansion

    FT500 Off-the-Shelf NK Cell Product Candidate Phase 1 Dose Expansion – Overcome Resistance to Checkpoint Inhibitor Therapy Phase 1 Dose Expansion – Target Loss of MHC-I Tumor Escape Mechanism NK cells have the unique ability to recognize and kill cancer cells that have down-regulated MHC Class I, a

  17. Slide 17: FT516 Off-the-Shelf hnCD16

    FT516 Off-the-Shelf hnCD16 NK Cell Product Candidate CD16 Fc Receptor Mediates Antibody-Dependent Cellular Cytotoxicity (ADCC) • CD16 is an activating receptor expressed on NK cells NK Cell – Mediates antibody-dependent cellular cytotoxicity (ADCC), a potent anti-tumor mechanism by which NK cells re

  18. Slide 18: FT516 High-Affinity, Non-Cleavable CD16 Fc Receptor

    FT516 Off-the-Shelf hnCD16 NK Cell Product Candidate High-Affinity 158V, Non-Cleavable CD16 Fc Receptor for Enhanced ADCC hnCD16 Enhanced Survival In Vivo with Rituximab Mouse model of human lymphoma (Raji cells) FT516 Median survival time for FT516 + anti-CD20 Modified form of CD16a was not reached

  19. Slide 19: FT516 Study Design: AML & Lymphoma

    FT516 Off-the-Shelf hnCD16 NK Cell Product Candidate Phase 1 Study Design: Multiple Doses over Multiple Cycles for AML & Lymphoma First-ever Clinical Trial in World of Engineered iPSC-derived Cell Therapy Cyclophosphamide: 500 mg/m2 IV x 3 days Safety & Activity Fludarabine: 30 mg/m2 IV x 3 days IL-

  20. Slide 20: FT516 Supported by Clinical POC

    FT516 Off-the-Shelf hnCD16 NK Cell Product Candidate Supported by Clinical POC in Hematologic Malignancies and Solid Tumors Donor NK Cell Therapy for AML Monoclonal Antibody for Solid Tumors Phase 1 clinical trial in relapsed / refractory AML • Cytokine-primed, donor-derived NK cell therapy • Single

  21. Slide 21: FT596 Off-the-Shelf Multi-Targeted CAR NK Cell

    FT596 Off-the-Shelf Multi-Targeted CAR NK Cell Product Candidate Potential Best-in-Class Cell-based Cancer Immunotherapy for B-cell Malignancies First-ever Cell Therapy Engineered with Three Active Anti-tumor Modalities Cleared for U.S. Clinical Investigation hnCD16: High-affinity 158V, non-cleavabl

  22. Slide 22: FT596 IND Application Cleared by FDA

    FT596 Off-the-Shelf Multi-Targeted CAR NK Cell Product Candidate IND Application Cleared for Clinical Investigation by FDA Clonal Master iPSC Line Renewable source One-time iPSC engineering Scalable, cost-effective manufacture -------------------------------------- Off-the-Shelf Rapid time-to-patien

  23. Slide 23: FT596 Uniformly Engineered with Three Anti-Tumor Components

    FT596 Off-the-Shelf Multi-Targeted CAR NK Cell Product Candidate Uniformly Engineered with Three Active Anti-Tumor Functional Components 3 Active Anti-Tumor Modalities Uniformly Engineered Product Profile CD16 CD56 CD45 CD56 IL15/R CAR19 CD56 CD56 Page - 23 -

  24. Slide 24: FT596 In Vivo Activity vs Primary CAR T Cells

    FT596 Off-the-Shelf Multi-Targeted CAR NK Cell Product Candidate In Vivo Anti-Tumor Activity – Head-to-Head Comparison against Primary CAR T Cells Single-Antigen Targeting of CD19 in Humanized Mouse Model of Lymphoma Tumor Primary Control Only CART FT596 (3x) Primary CART FT596 Does not include addi

  25. Slide 25: FT596 Overcoming Tumor Heterogeneity and Antigen Escape

    FT596 Off-the-Shelf Multi-Targeted CAR NK Cell Product Candidate Leveraging CAR + hnCD16 to Overcome Tumor Heterogeneity and Antigen Escape Targeting Multiple Tumor-Associated Antigens CD19+ targets 100 50 Co-culture 0 at 1:1 ratio 100 50 CD20+ targets + CD20-targeted mAb (rituximab) 0 Time of co-cu

  26. Slide 26: FT596 Dual-Antigen Targeting in Lymphoma Xenograft

    FT596 Off-the-Shelf Multi-Targeted CAR NK Cell Product Candidate Leveraging CAR + hnCD16 to Overcome Tumor Heterogeneity and Antigen Escape Dual-Antigen Targeting of CD19 and CD20 in a Xenograft Model of Lymphoma FT596 (3x) Control Rituxan + Rituxan Page - 26 -

  27. Slide 27: FT596 Phase 1 Study Design

    FT596 Off-the-Shelf Multi-Targeted CAR NK Cell Product Candidate Phase 1 Study Design in Relapsed / Refractory B-cell Lymphoma and CLL Phase 1 Dose Escalation – Monotherapy and mAb Combination Combination with mAb in CLL @ MTD Combination with mAb @ MTD in B-cell Lymphoma 30M 90M 300M 900M cells cel

  28. Slide 28: FT596 Supported by Clinical POC with Donor-derived CAR19 NK Cells

    FT596 Supported by Clinical POC with Donor-derived CAR19 NK Cells M.D. Anderson Cancer Center, Katy Rezvani, M.D., Ph.D. (NCT03056339) • First-in-human clinical trial testing the safety and efficacy of donor-derived CAR NK cell therapy – Cord blood derived – Transduced with CAR19 (28z) / IL15 (secre

  29. Slide 29: Off-the-Shelf NK Cell Cancer Immunotherapy Franchise

    Off-the-Shelf NK Cell Cancer Immunotherapy Franchise Systematic Build of Industry-Leading iPSC-derived NK Cell Product Pipeline Universal, Off-the-Shelf NK Cell Cancer Immunotherapy Pipeline Clonal Master iPSC Line Synthetic Biology FT500 FT516 FT596 FT538 FT576 Multi-faceted Innate Immunity + High-

  30. Slide 30: Memorial Sloan Kettering Collaboration

    Off-the-Shelf CAR T-Cell Cancer Immunotherapy Memorial Sloan Kettering Collaboration “Engineering therapeutic attributes into pluripotent cell lines is a breakthrough approach to renewably generate potent T-cell immunotherapies. This unique approach offers the prospect for off-the-shelf delivery of

  31. Slide 31: FT819 TRAC-encoded CAR 1XX Expression

    FT819 TRAC-encoded CAR 1XX Expression Engineering Primary T Cells vs. Single iPSC Clone for TCR Elimination CRISPR Engineering: TCR Disruption + TRAC-encoded CAR Expression Primary T Cell Batch ✓ 20% of T cells express allo-reactive TCR ✓ Only 45% of T cells have TCR KO + CAR expression Single iPSC

  32. Slide 32: FT819 Off-the-Shelf CAR19 T-Cell Product

    FT819 Off-the-Shelf CAR19 T-Cell Product Novel CAR19 Targeted to the TRAC Locus for Improved Safety and Efficacy First-of-Kind Off-the-Shelf CAR T-cell Therapy Derived from Renewable Master iPSC Line Engineered to Uniformly Lack TCR Expression and Express Novel 1XX CAR19 1XX CAR19: Novel chimeric an

  33. Slide 33: FT819 In Vivo Tumor Clearance vs Primary CAR T Cells

    FT819 Off-the-Shelf CAR19 T-Cell Product Novel CAR19 Targeted to the TRAC Locus for Improved Safety and Efficacy In Vivo Head-to-Head Tumor Clearance vs. Primary CAR T Cells Control Tumor Only FT819 (3x) Primary CART Acute Lymphoblastic Leukemia 10 11 10 10 10 9 FT819 10 8 Tumor only 10 7 Control Pr

  34. Slide 34: Foundational IP – Recently Issued Composition of Matter Patents

    Off-the-Shelf CAR T-Cell Franchise Foundational IP – Recently Issued Composition of Matter Patents • U.S. Patent Number 10,287,606 entitled “Genomic Engineering of Pluripotent Cells” – Issued May 2019 (FATE owned) – A cell or population thereof, wherein (i) the cell is an induced pluripotent stem ce

  35. Slide 35: ONO Pharmaceutical Collaboration

    ONO Pharmaceutical Collaboration Off-the-Shelf iPSC-derived CAR T-Cell Product Candidates Product 1 Product 2 CAR T-cell targeting Antigen “ND” CAR T-cell targeting Antigen “ND” Tumor Type Lymphoblastic leukemia Solid tumor Binding Domain FATE to contribute ONO to contribute Preclinical Funding Up t

  36. Slide 36: Next-Generation CRISPR Editing Technologies

    Next-Generation CRISPR Editing Technologies MAD7 CRISPR Nuclease • Patent-protected, RNA-guided, Class 2 Type V CRISPR nuclease isolated from Eubacterium rectale • Improved features over commonly-used CRISPR-Cas9 nucleases: – Different PAM recognition sequences and cut efficiencies – Reduced sizes a

  37. Slide 37: iPSC Product Platform

    iPSC Product Platform Clonal Master iPSC Lines for Off-the-Shelf Cell Products (Engineered) Single Pluripotent Stem Cell Single • Renewable iPSC Clone • Potential to differentiate into 200+ cell types Expansion & Banking Working Cell Banks Unlimited Supply of Master Cell Working Cell Banks Clonal Ma

  38. Slide 38: Financial Summary

    Financial Summary As of September 30, 2019 Three Months Ended September 30, 2019 Revenue $2.4M Operating Expense, Adjusted 1 $25.0M Cash & Cash Equivalents $303.0M Employees 159 Total Shares Outstanding 2 89.6M [1] Excludes non-cash stock-based compensation expense of approximately $4.6M. [2] Includ

  39. Slide 39: Better Cells For Better Therapies

    Better Cells For Better Therapies™ Page - 39 -

Fate Therapeutics — Investor Presentation (November 2019) on 6ix