Praxis Precision Medicines, Inc. · NASDAQ:PRAX

Praxis Precision Medicines — Technical Presentation (September 2024)

24 slides from Praxis Precision Medicines's technical presentation, Sep 3, 2024

  1. Slide 1: Relutrigine: EMBOLD Phase 2 Study Topline Results

    RELUTRIGINE: EMBOLD Phase 2 Study Topline Results September 3, 2024 ®

  2. Slide 2: Forward-looking statements

    2 Forward-looking statements This presentation may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 relating to our business, operations, and financial conditions, including but not limited to express or implied statements regarding the

  3. Slide 3: Relutrigine - EMBOLD delivers unparalleled results in DEE

    3 Relutrigine - EMBOLD delivers unparalleled results in DEE 46% placebo-adjusted seizure reduction Unprecedented level of seizure freedom 5 patients seizure-free for longer than 28 days Well-tolerated in a heavily treated population 75% long-term median seizure reduction Disease modifying impact for

  4. Slide 4: >$500M US Market Opportunity

    4 >$500M US Market Opportunity * Poke G, Stanley J, Scheffer IE, Sadleir LG. Epidemiology of Developmental and Epileptic Encephalopathy and of Intellectual Disability and Epilepsy in Children >100k Developmental Epilepsies with high seizure burden using sodium channel blockers* >$2B+ Opportunity for

  5. Slide 5: Disease Overview: Developmental and Epileptic Encephalopathies (DEEs)

    5 Disease Overview: Developmental and Epileptic Encephalopathies (DEEs) RELUTRIGINE

  6. Slide 6: DEEs are demanding and devastating with early mortality

    6 DEEs are demanding and devastating with early mortality The incidence of DEE is expected to be 1/10,000 live births Characterized by frequent seizures, abnormal brain function, and developmental disability, typically beginning in infancy Often caused by mutations that disrupt function of brain vol

  7. Slide 7: SCN2A and SCN8A are amongst the most severe and refractory forms of DEE

    7 • SCN2A and SCN8A conditions are caused by mutations in ion channels that disrupt normal function • Patients with SCN2A and SCN8A DEEs frequently exhibit symptoms from birth, persisting their entire life, including: • Severe and uncontrollable early-onset seizures • Movement disorders • Pronounced

  8. Slide 8: Relutrigine Mechanism of Action

    8 RELUTRIGINE Mechanism of Action

  9. Slide 9: Relutrigine potential first- and best-in-class small molecule for DEEs

    9 Preclinical and emerging clinical data demonstrate relutrigine has the potential to be a first- and best-in-class small molecule for DEEs Superior selectivity for disease-state NaV channel hyperexcitability Convenient auto-titration regimen with stable PK Unprecedented therapeutic window with pote

  10. Slide 10: Superior potency and selectivity for disease-state NaV channel hyperexcitability

    10 % INHIBITION OF hNaV1.6 PERSISTENT INa COMPARISON OF POTENCY AND SELECTIVITY Superior potency and selectivity for disease-state NaV channel hyperexcitability 0.01 0.1 1 10 100 1000 10000 0 20 40 60 80 100 Concentration (µM) % Inhibition Carbamazepine Lamotrigine Cenobamate Relutrigine Persistent

  11. Slide 11: Functional selectivity translates to a wide therapeutic index in vivo

    11 MES EFFICACY sLMA TOLERABILITY Functional selectivity translates to a wide therapeutic index in vivo for relutrigine Therapeutic Index (TI) = TC50 / EC50 CD-1 mice; (n=12/group) **p<0.01 vs. Veh ED50: 2 mg/kg Molecule Plasma Therapeutic Index Relutrigine 16.2x Relutrigine (mg/kg, PO) Relutrigine

  12. Slide 12: Relutrigine Topline Data

    RELUTRIGINE Topline Data &} EmBoid

  13. Slide 13: Relutrigine Phase 2 EMBOLD study design and endpoints

    13 KEY ENDPOINTS: Incidence and severity of treatment-emergent adverse events (TEAEs) Change from baseline in monthly (28-day) motor seizure frequency Seizure freedom achieved for a 4-week period Clinical and Caregiver Global Impression of Improvement and Severity Relutrigine Phase 2 EMBOLD study de

  14. Slide 14: EMBOLD study disposition

    14 EMBOLD study disposition *Patients assigned to placebo received placebo for one (4 week) period and relutrigine for 3 periods **1 patient had no available data for efficacy assessment Assessed for eligibility (n=21) Did not meet inclusion criteria (n=5) Placebo (n=8)* • Safety population (n=8) •

  15. Slide 15: Demographics and Baseline Characteristics

    15 Demographics and Baseline Characteristics Placebo (n = 8) Total (n = 16) Age, mean (min, max) 6.1 (3, 12) 5.9 (2, 14) DEE SCN2A, n (%) 4 (50) 7 (44) SCN8A, n (%) 4 (50) 9 (56) Gender (Male / Female, %) 5/3 (63/37) 9/7 (56/44) Age at seizure onset (n) 0 – 3 months 7 13 4 – 12 months 1 2 >12 months

  16. Slide 16: Relutrigine was generally well-tolerated

    16 Relutrigine was generally well-tolerated *Infections include bronchiolitis, conjunctivitis, gastroenteritis, influenza, metapneumovirus infection, nasopharyngitis, otitis media, pneumonia, respiratory tract infection, rhinovirus infection scarlet fever, tonsillitis, upper respiratory tract infect

  17. Slide 17: Robust reduction in motor seizures and unprecedented seizure-free status

    17 Relutrigine demonstrated robust reduction in motor seizures and unprecedented seizure-free status per 28-day period *Percent reduction derived from log-transformed placebo-adjusted relutrigine effect **Assessment of motor seizures over the controlled plus open-label periods through August 21, 202

  18. Slide 18: Significant short- and long-term improvement in motor seizures

    18 -90% -80% -70% -60% -50% -40% -30% -20% -10% 0% Relutrigine patients demonstrated significant improvement over the short and long-term in motor seizures Long-term extension data for 8 patients with data available for at least one 28-day period as of August 21, 2024 Placebo (n=7) -1.6% Relutrigine

  19. Slide 19: CGI-I and CgGI-I assessed at Week-16

    Clinical Global Impression of Improvement and Caregiver Global Impression of Improvement assessed at Week-16 visit 19 57% 71% 43% 29% 69% 62% 31% 23% 0% 10% 20% 30% 40% 50% 60% 70% 80% Alertness Seizure Severity and Intensity Communication Disruptive Behavior Clinician Caregiver Relutrigine treatmen

  20. Slide 20: Next Steps

    20 Next Steps RELUTRIGINE

  21. Slide 21: Relutrigine - EMBOLD delivers unparalleled results in DEE

    21 Relutrigine - EMBOLD delivers unparalleled results in DEE 46% placebo-adjusted seizure reduction Unprecedented level of seizure freedom 5 patients seizure-free for longer than 28 days Well-tolerated in a heavily treated population 75% long-term median seizure reduction Disease modifying impact fo

  22. Slide 22: SCN2A and SCN8A are the tip of the iceberg for other DEEs

    22 SCN2A and SCN8A are the tip of the iceberg to address significant unmet need for other DEEs *Based PubMed Search of DEEs that could use SCBs to treat focal seizures when they presented. >$500m peak revenue Low tolerability and inadequate response >70% DEE patients treated with sodium channel bloc

  23. Slide 23: Next steps: registrational cohort and EMERALD trial

    23 Regulatory agency input • EMBOLD registrational Cohort 2 initiated • Leveraging EMBOLD successful study design Next steps Initiated registrational trial for SCN2A and 8A, discuss Other DEEs with FDA by Q1 2025 2H 2024 1H 2025 Initiate EMERALD Trial 1:1 Randomization N=80 (SCN2A/SCN8A) Relutrigine

  24. Slide 24: Dare for More

    - DARE FOR MORE

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