Theriva Biologics, Inc. · AMEX:TOVX

Theriva Biologics — Synthetic Biologics — B. Riley Securities Oncology Investor Conference January 2022

42 slides from Theriva Biologics's conference presentation, Jan 27, 2022

  1. Slide 1: B. Riley Securities Oncology Investor Conference

    January 2022 B. Riley Securities Oncology Investor Conference

  2. Slide 2: Forward-Looking Statements

    Forward - Looking Statements This presentation includes forward - looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 , as amended, concerning Synthetic Biologics and VCN Biosciences (“VCN”) . In some cases forward - looking statements can be identified by t

  3. Slide 3: Synthetic Biologics advancing into oncology with VCN acquisition

    • Synthetic Biologics (NYSE American: SYN ) advancing into oncology with the acquisition of Barcelona - based VCN Biosciences S.L. • Transaction announced 14 December 2021 (closing subject to conditions including Spanish government approval) ¹ • VCN is developing unique oncolytic viruses ( OVs ) opt

  4. Slide 4: SYN-VCN Transaction Summary

    • Synthetic Biologics (NYSE American: SYN ) to acquire 100% outstanding equity of VCN • Total upfront consideration for the acquisition is $4.7M in cash • Shares of SYN common stock equal to 19.99% of the outstanding shares of common stock distributed to VCN • Up to $70.25M total cash milestone paym

  5. Slide 5: Oncolytic Virus Features and Challenges

    • OVs are a Promising Cancer Therapeutic Approach • Combine the natural ability of certain viruses to cause immunogenic cell death, induce inflammatory responses and trigger immune cell infiltration into treated tumors • Can be combined with other therapeutic modalities (e.g. chemotherapy, checkpoin

  6. Slide 6: Oncolytic Adenovirus

    VCN - 01 Oncolytic Adenovirus • SYSTEMIC • Highly replicating • Decreased liver tropism • Treatment of primary and metastatic lesions • SELECTIVE • Increased tumor penetration • Only replicates in tumors (defective Rb - E2F pathway) ¹ • Transgene only expressed after virus replication - provides a b

  7. Slide 7: Unique Mechanism of Action for VCN Products

    Unique Mechanism of Action for VCN Products 7

  8. Slide 8: Clinical Trials

    VCN - 01 Clinical Trials Location Phase Indication Co - therapy Route (n) Status NCT or EudraCT Multicenter (ESP) 1 Part I: Solid tumor Part II: PDAC Part III: PDAC Part I: None Parts II,III: Gemcitabine + nab - Paclitaxel Part I: IV (16) Part II: IV (12) Part III: IV (14) Complete ¹ NCT02045602 Mul

  9. Slide 9: Pancreatic Ductal Adenocarcinoma (PDAC)

    • PDAC accounts for 3 rd highest cause of cancer - associated deaths in US (4 th in EU) ¹ - ³ • North America ~63,000 new cases and 53,000 deaths each year • Western Europe ~46,000 new cases and 43,000 deaths each year • PDAC h as the lowest survival rate of all major organ cancers • Median survival

  10. Slide 10: Clinical Data Encourage PDAC Phase 2

    • Multicenter, open - label, dose escalation study of single IV doses of VCN - 01 “ gemcitabine/Abraxane ® ( G/A )¹ • ARM I Monotherapy VCN - 01 dose finding, primarily colorectal cancer (12) • ARM II Concomitant VCN - 01 same day as first dose of G/A in PDAC patients (16) • ARM III Sequential VCN -

  11. Slide 11: Most Common IV Related AEs

    Most Common IV VCN - 01 Related AEs (Multicenter ESP ¹ ) 11 ¹ NCT02045602. ²Concomitant IV VCN - 01 3.3x10¹² or 1.0x10¹³ vp/patient administered same day as first dose of Gemcitabine/Abraxane® ( G/A ). ³Sequential IV VCN - 01 3.3x10¹² or 1.0x10¹³ vp/patient administered 7 - days prior to first dose

  12. Slide 12: Remodels the PDAC Tumor Matrix

    VCN - 01 Remodels the PDAC Tumor Matrix 12 IHC immunohistochemical staining IDO indoleamine 2,3 - dioxygenase. Manuscript submitted ; data presented in part at ESMO 2019 Garcia - Carbonero (2019) Ann Oncol 30(S5): v271 . L ink to full ESMO 2019 poster provided on Appendix Slide 31. CD8 + lymphocyte

  13. Slide 13: Retinoblastoma, a Rare Pediatric Malignancy

    • Retinoblastoma ( Rb ) is an orphan indication that accounts for ~2 - 3% of all childhood cancers¹ • 200 - 300 cases each year in the USA, EU ² - ⁴ • VCN - 01 selectivity enables development as an intravitreal treatment for Rb patients • VCN - 01 could be used in combination with chemotherapy to po

  14. Slide 14: Intravitreal Study in Retinoblastoma

    VCN - 01 in Retinoblastoma • Single center, open - label dose escalation study of intravitreal ( IVT ) VCN - 01¹ - ³ • Children aged 1 - 12 years (n=4 to date) • Retinoblastoma that is recurrent or refractory to chemotherapy and for whom enucleation is the best treatment option • VCN - 01 doses of 2

  15. Slide 15: Interim Safety Data for Intravitreal

    Two Intravitreal VCN - 01 Doses of 2.0x10⁹ or 2.0x10¹º vp per eye¹ Interim Safety Data for Intravitreal VCN - 01 15 ¹ NCT03284268. ²I ntravitreal VCN - 01 doses of 2.0x10⁹ virus particles ( vp ) per eye (Patient 1) or 2.0x10¹º vp per eye (Patients 2 - 4) administered on days 1 and 15. Data presented

  16. Slide 16: Planned Phase 2 and Phase 2/3 Trials

    • PDAC Phase 2 Clinical Trial • Finalizing protocol for a multinational, multicenter, study evaluating IV VCN - 01 with gemcitabine/nab - paclitaxel compared to gemcitabine/nab - paclitaxel alone • Newly - diagnosed metastatic PDAC patients treated with gemcitabine/nab - paclitaxel first line therap

  17. Slide 17: Albumin Shield to Expand the VCN Platform

    Albumin Shield Œ to Expand the VCN Platform • VCN has developed the Albumin Shield technology to protect OVs as they travel to the tumors¹ , ² • Albumin Shield modified OVs are coated by albumin and protected from circulating antibodies in cancer patients pre - exposed to adenovirus • Albumin Shield

  18. Slide 18: VCN Albumin Shield Platform Candidates

    VCN Albumin Shield Platform Candidates 18 CLINICALLY - TESTED ADENOVIRUS EXPRESSING PH20 HYALURONIDASE TO DEGRADE STROMA + ALBUMIN SHIELD Œ TO PREVENT NEUTRALIZATION BY CIRCULATING ANTI - VIRAL ANTIBODIES TO FACILITATE IV MULTIDOSING + UNIQUE MULTIFUNCTIONAL PROTEINS TO TURN COLD TUMORS HOT VCN - 11

  19. Slide 19: VCN Potential Advantages

    • VCN OVs ARE OPTIMIZED FOR SYSTEMIC DELIVERY • Opportunity for virus to pursue metastatic lesions in addition to primary tumors • Selectivity has the potential to improve safety and pharmacokinetics (liver sequestration  tumor penetration  ) • VCN OVs ARE HIGHLY REPLICATIVE • Fulfilling systemic

  20. Slide 20: Pipeline and Milestones

    Ven BIOSCIENCES Synthetic ) BIOLOGICS Pipeline and Milestones

  21. Slide 21: SYN and VCN Pro Forma Combined Pipeline

    SYN and VCN Pro Forma Combined Pipeline After Acquisition IND - enabling Phase 3 Phase 2 Phase 1 β - lactamase SYN - 004 Hyaluronidase Technology (HT) VCN - 01 VCN - 01 VCN - 01 Prevention of aGVHD in allogeneic HCT recipients Pancreatic Cancer (IV) േ GEM/nab - paclitaxel Retinoblastoma ( IVit ) Com

  22. Slide 22: Upcoming News and Potential Milestones After Acquisition

    Upcoming News and Potential Milestones After Acquisition H1 2023 Q2 2022 Q3 2022 Q4 2022 • SYN+VCN merger closing • VCN - 01 U. Leeds ISS first patient dosed • VCN - 01 UPenn ISS first patient dosed • SYN - 020 Phase 1 MAD topline data • SYN - 004 Phase 1b/2a data 1 st antibiotic cohort • SYN - 020

  23. Slide 23: SYN-VCN: Accelerating the Pathway to Value

    • Advanced Clinical Oncology Pipeline and Platform • Multiple SYN and VCN clinical assets • Lead orphan cancer indications with critical unmet medical need • Continued expansion of the pipeline with joint discovery programs • Synergies Between Teams • Complementary skill sets and experience in OVs,

  24. Slide 24: Appendix

    Synthetic (G5) cs Appendix

  25. Slide 25: VCN Oncolytic Virus Genetic Modifications

    VCN Oncolytic Virus Genetic Modifications L5 L5 Fiber Shaft RGDK L3 Hexon ABD SA K pA PH20 2 5 ¹ Since this is a transgene, progeny virus will also be albumin coated. ²MLP control means transgenes will only be expressed af ter replication, which occurs selectively in tumor cells. Transgene expressio

  26. Slide 26: IV Clinical Trial Population

    IV VCN - 01 Clinical Trial Population (Multicenter ESP ¹ ) 26 ¹ NCT02045602. ²Concomitant VCN - 01 administered same day as first dose of Gemcitabine/Abraxane® ( G/A ). ³Sequential VCN - 01 administered 7 - days prior to first dose of G/A. Manuscript submitted ; data presented in part at ESMO 2019 G

  27. Slide 27: Part II: All AEs Regardless of Relatedness

    Part II: All AEs Regardless of Relatedness to VCN - 01 (ESMO 2019)¹ Concomitant IV VCN - 01 & G/A in PDAC (Multicenter ESP ¹ ) 27 ¹ NCT02045602. G/A Gemcitabine/Abraxane® (nab - paclitaxel). PDAC pancreatic ductal adenocarcinoma. vp virus particle. Manuscript submitted ; data presented in part at ES

  28. Slide 28: Part III: All AEs Regardless of Relatedness

    Part III: All AEs Regardless of Relatedness to VCN - 01 (ESMO 2019)¹ Sequential IV VCN - 01 then G/A in PDAC (Multicenter ESP ¹ ) 28 ¹ NCT02045602. DLT dose limiting toxicity. G/A Gemcitabine/Abraxane® (nab - paclitaxel). PDAC pancreatic ductal adenocarcinoma. Manuscript submitted ; data presented i

  29. Slide 29: Intratumoral in PDAC Adverse Events

    Adverse Events Treatment Related AEs (8) CTCAE Grade Grade 1 - 2 Grade ≥3* Anemia 1 (12.5%) - Leukopenia - 1 (12.5%) Neutropenia 2 (25.0%) - Thrombocytopenia 2 (25.0%) - Constipation 2 (25.0%) - Dyspepsia 1 (12.5%) - Melena 1 (12.5%) - Nausea 2 (25.0%) - Vomiting 1 (12.5%) - Asthenia/Fatigue 5 (62.5

  30. Slide 30: All AEs Regardless of Relatedness, Intratumoral in PDAC

    All AEs Regardless of Relatedness to VCN - 01 (ESMO 2019)¹ Intratumoral VCN - 01 in PDAC (Multicenter ESP ¹ ) 30 ¹ NCT02045589 . DLT dose limiting toxicity. G/A Gemcitabine/Abraxane® (nab - paclitaxel). PDAC pancreatic ductal adenocarcinoma. Manuscript submitted ; data presented in part at ESMO 2019

  31. Slide 31: References

    • Bayo - Puxan N et al. (2006) Role of the putative heparan sulfate glycosaminoglycan - binding site of the adenovirus type 5 fiber sh aft on liver detargeting and knob - mediated retargeting. J Gen Virol 87: 2487 – 2495 • Rojas J et al. (2012) Improved systemic antitumor therapy with oncolytic aden

  32. Slide 32: Oncolytic Viruses

    • Oncolytic viruses ( OVs ) infect and lyse cancer cells without harming normal cells • Can be naturally occurring or genetically engineered to improve selectivity, safety and efficacy • Can be developed from multiple virus types, including adenovirus , herpes simplex (HSV), measles, parvovirus, reo

  33. Slide 33: Adenovirus Overview

    • Adenoviruses ( AdV ) are medium - sized (90 – 100 nm), non - enveloped viruses with icosahedral shaped capsids containing a double - stranded DNA ( dsDNA ) genome typically 30 - 36 kb in length¹ - ³ • There are at least 57 AdV serotypes classified into 7 subgroups (A to G)² • AdV2 and AdV5 (Group

  34. Slide 34: Oncolytic Adenoviruses

    Structural features determining virus viability, tumor access and efficacy¹ - ⁴ Oncolytic Adenoviruses 34 ¹Hajeri (2020) Cancers 12: 1504. ²Gonzalez - Pastor (2021) Cancer Gene Ther 28: 375. ³Yamamoto (2017) Cancer Sci 108: 831. ⁴ Khare (2012) J Virol 86: 2293, as much as 95 - 98% of an IV dose of u

  35. Slide 35: Pancreatic Cancer Cases and Deaths 2020

    Pancreatic Cancer Cases and Deaths 2020 ¹ REGION ALL Male Female New Cases Deaths New Cases No. per 100,000 Deaths New Cases No. per 100,000 Deaths Caribbean 2,746 2,668 1,479 5.1 1,440 1,267 3.6 1,228 Central America 6,576 6,244 3,232 3.8 3,111 3,344 3.2 3,133 South America 28,030 27,118 13,766 5.4

  36. Slide 36: Pancreatic Cancer

    ¹ PDAC pancreatic ductal adenocarcinoma. Cancers in the pancreas head (~70%) are diagnosed earlier than cancers in the body or tail (ea ch ~15%), which have a worse prognosis, Sarantis (2020) World J Gastrointest Oncol 12: 173 - 181. ²Bengtsson (2020) Sci Rep 10: 16425. ³GLOBOCAN 2020 survey of pers

  37. Slide 37: Pancreatic Cancer Treatment

    ¹Radiotherapy is used in <20% of PDAC cases as most present at a late stage. ²Neoadjuvant chemotherapy - if indicated - is ident ical to first - line chemotherapy. ³Patients with good performance status ECOG 0 - 1. ⁴Patients with good to moderate performance status ECOG 0 - 2.⁵Patients with poor per

  38. Slide 38: Tumor Stroma Barriers to Therapy

    Tumor Stroma Barriers to Therapy Pancreatic Ductal Cell Carcinoma (PDAC) 38 Graphic from ¹Balachandran (2019) Gastroenterology 156: 2056. ²Sarantis (2020) World J Gastrointest Oncol 12: 173. ³Orth (2019) Radiation Oncol 14: 141. ⁴Christenson (2020) Lancet Oncol 21 :e135. ⁵ Elsayed (2021) Biomedicine

  39. Slide 39: Retinoblastoma overview

    • Retinoblastoma ( Rb ) is a rare pediatric malignancy accounting for ~2 - 3% of all childhood cancers¹ • Primarily diagnosed in children ≤2 years¹ • 200 - 300 cases each year in the USA, EU and >1,000 cases each in China and India² , ³ • Significant regional disparities in age/stage at diagnosis, t

  40. Slide 40: Rb Cases - One Retinoblastoma World Map

    Rb Cases - One Retinoblastoma World Map ¹ 40 ¹Reported number of retinoblastoma cases from One Retinoblastoma World Map https://map.1rbw.org/ (accessed April - November 2021)

  41. Slide 41: Retinoblastoma Staging

    ¹ Fabian (2020) JAMA Oncol 6 :685; m edian [IQR] age; ²Fabian ID (2018) Community Eye Health 31: 11. ³ Tomar (2020) Ophthalmology 127: 1719. HIC high income countries; ICRB International Classification of Retinoblastoma. IIRC International Intraocular Retinoblastoma Staging System. IRSS Internationa

  42. Slide 42: Retinoblastoma Treatment

    Retinoblastoma Treatment Bilateral or germline RB1 Group A Unilateral Group B Group C Group D Group E 42 Extraocular IAC Cryo or ITT GLOBE SALVAGE Consolidation Cryo or TTT; IAC; IVC; IvitC ; IcamC ; radiotherapy/brachytherapy (rare) ENUCLEATION ± High Dose IVC IVC, IAC Macula Involved Adapted from:

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