Seres Therapeutics, Inc. · NASDAQ:MCRB

Seres Therapeutics — Investor Day (May 2018)

99 slides from Seres Therapeutics's investor day presentation, May 24, 2018

  1. Slide 1: Seres Therapeutics 2018 R&D Event

    Seres Therapeutics 2018 R&D Event Focus on microbiome impact on immune biology: Ulcerative Colitis and immuno-oncology May 24, 2018 New York City Lea ding the Micro bio me Revo lut io n

  2. Slide 2: Forward looking statements

    Forward looking statements Some of the statements in this presentation constitute “forward looking statements” under the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements on the timing and results of our clinical trials, the sufficiency of our financial reso

  3. Slide 3: Agenda

    Agenda 8:00-8:10 a.m. 9:05-9:25 a.m. Opening Remarks Microbiome therapeutic development Roger Pomerantz, M.D., Seres President, CEO Stephen Hanauer, M.D., Northwestern and Chairman University 8:10-8:20 a.m. 9:25-9:30 a.m. The microbiome as a new therapeutic Break modality Will Dere, M.D., Seres Boar

  4. Slide 4: Seres leadership biographies

    - Roger Pomerantz, M.D. is Seres President, CEO, and Chairman of the Board. Previously, he held a series of senior leadership positions at Merck & Co., Inc. Dr. Pomerantz is an internationally recognized expert in HIV molecular pathogenesis and latency and has developed ten approved infectious disea

  5. Slide 5: Seres Mission: Transform the lives of patients worldwide

    Seres Mission: Transform the lives of patients worldwide with revolutionary microbiome therapeutics • First publicly traded company focused on microbiome therapeutics • First clinical study starts: • Biologically sourced microbiome therapy – SER-109 for multiply recurrent C. diff. • Fermented, ratio

  6. Slide 6: R&D capabilities drive drug development productivity

    R&D capabilities drive drug development productivity Computational & systems biology (bacterial identification and functional characterization) Vast bacterial strain library Preclinical model systems GMP manufacturing Clinical datasets Seres is the only company with clinical efficacy/ safety data an

  7. Slide 7: Robust microbiome therapeutics pipeline

    Robust microbiome therapeutics pipeline PRECLINICAL PHASE 1b PHASE 2 PHASE 3 SER-109 Recurrent C. difficile Pivotal study SER-287 Ulcerative colitis Phase 2B SER-262 Primary C. difficile Immuno-oncology – in combination with anti- SER-401 PD-(L)1 therapy SER-301 Inflammatory Bowel Disease (IBD) Prev

  8. Slide 8: C. difficile infection

    C. difficile infection Clinically demonstrated link to GI microbiome dysbiosis Infectious disease caused by toxin-producing anaerobic, spore-forming bacteria, resulting in diarrhea, abdominal pain, fever, and nausea Leading U.S. cause of hospital-acquired infection • Approximately 29,000 deaths/year

  9. Slide 9: Phase 3 SER-109 ECOSPOR III study – enrollment progress ongoing

    Phase 3 SER-109 ECOSPOR III study – enrollment progress ongoing • FDA Breakthrough and Orphan Drug designation • Based on FDA feedback, ECOSPOR III designated as a Phase 3 study • Phase 3 study incorporates key learnings from prior clinical studies: • SER-109 dose is approximately 10-fold higher tha

  10. Slide 10: Agenda

    Agenda 8:00-8:10 a.m. 9:05-9:25 a.m. Opening Remarks Microbiome therapeutic development Roger Pomerantz, M.D., Seres President, CEO Stephen Hanauer, M.D., Northwestern and Chairman University 8:10-8:20 a.m. 9:25-9:30 a.m. The microbiome as a new therapeutic Break modality Will Dere, M.D., Seres Boar

  11. Slide 11: The microbiome is essential to human health

    The microbiome is essential to human health • Human gastrointestinal microbiome is a vast interacting network of organisms • Microbial ecology provides essential functions for the host: • Modulation of immune system • Colonization resistance against potential pathogens • Regulation of host metabolis

  12. Slide 12: Microbiome PK and PD may be measured

    Microbiome PK and PD may be measured, and are increasingly well understood Pharmacokinetics (PK) ● Kinetics of product engraftment: the presence of bacteria in the drug in subjects over time Pharmacodynamics (PD) ● Overall changes in the composition of the microbiome and corresponding alterations in

  13. Slide 13: Modification of the microbiome results in downstream changes in biology

    Modification of the microbiome results in downstream changes in biology Illustrative data from various Seres programs Microbiome change Active metabolites Impact on (Pharmacokinetics) (Pharmacodynamics) downstream biology Species Metabolites 13

  14. Slide 14: Multiple factors are now accelerating microbiome drug development

    Multiple factors are now accelerating microbiome drug development Company External Environment • Accumulating clinical data (efficacy, • NIH & government agency funding safety, PK/PD) accelerating basic microbiome • Powerful new research tools research • Advanced manufacturing • Increasing large pha

  15. Slide 15: Agenda

    Agenda 8:00-8:10 a.m. 9:05-9:25 a.m. Opening remarks Microbiome therapeutic development Roger Pomerantz, M.D., Seres President, CEO Stephen Hanauer, M.D., Northwestern and Chairman University 8:10-8:20 a.m. 9:25-9:30 a.m. The microbiome as a new therapeutic Break modality Will Dere, M.D., Seres Boar

  16. Slide 16: Ulcerative Colitis (UC)

    Ulcerative Colitis (UC) Symptoms Appearance Complications • Abdominal pain • Inflammation • Strictures • Diarrhea • Ulcers • Cancer • Urgency • Megacolon • 80% with at least one relapse within 10 years of diagnosis • 20% require colectomy for acute complications or refractory disease Solberg I et al

  17. Slide 17: Rising incidence of Ulcerative Colitis

    Rising incidence of Ulcerative Colitis 20 18 Incidence per 100,000 population (%) per year 16 14 12 10 8 6 4 2 0 1930 1940 1950 1960 1970 1980 1990 2000 2010 Ungaro et al. Lancet. 2016 17

  18. Slide 18: Natural history of Ulcerative Colitis

    Natural history of Ulcerative Colitis Solberg I et al. Scand J Gastro 2009; 44:431-440. 18

  19. Slide 19: Classification of Ulcerative Colitis severity

    Classification of Ulcerative Colitis severity SEVERE FULMINANT • >6 bloody • >10 stools/day stools/day • Continuous bleeding MODERATE • Fever • Toxicity • ≥4 stools/day • Tachycardia • Abdominal ± blood tenderness/distension • Anemia or • Minimal signs • Transfusion requirement MILD  ESR of toxicit

  20. Slide 20: Pathogenesis

    Pathogenesis Gut Lumen Microbial communities Environmental Triggers Gut Epithelium Genetic susceptibility Lamina Propria Immune Dysfunction Blood Vessel 20

  21. Slide 21: Microbiome is critical to epithelial integrity

    Microbiome is critical to epithelial integrity Microbiota metabolize dietary fiber into short chain fatty acids (SCFAs), critical to gut integrity Belkaid Cell 2014 Sartor Gastro 2008; Sokol IBD 2009; Lopetuso Gut pathogens 2013; Morgan Genome Biol 2012; Backhed 2012; Cell Host Microbe Fig 1A and Fi

  22. Slide 22: Microbiota support mucosal immunity

    Microbiota support mucosal immunity Gut homeostasis is maintained through a dialogue between the microbiota and the innate, adaptive, and regulatory immune systems Saleh Immunity 2011, Backhead Cell Host Microbe 2012 Johansson PNAS 2011; Buela KA, Omenetti 2015 DOI: 26398682; Planer JD Peng Science

  23. Slide 23: IBD patients have microbiome dysbiosis

    IBD patients have microbiome dysbiosis Imhann et al., Gut 2017 (n=895) Papa et al PLOS One 2012 (n=91) IBD Healthy Enterobacteriaceae Firmicutes • Decreased abundance of short chain fatty acid (SCFA) producing organisms 23

  24. Slide 24: Microbial stimuli can trigger inflammatory cytokine cascade

    Microbial stimuli can trigger inflammatory cytokine cascade Microbial products or Mucosal barrier antigens stimulate mucosal immune Antimicrobial effectors cells and activate TLRs to produce Tolerance pro-inflammatory cytokines Tolerance 24

  25. Slide 25: Enterobacteriaceae promotes, and Clostridiales suppresses, inflammation

    Enterobacteriaceae promotes, and Clostridiales suppresses, inflammation Winters et al. EMBO Reports 2013 25

  26. Slide 26: Microbiome acts through multiple pathways to alter immunological tone

    Microbiome acts through multiple pathways at physiologically relevant concentrations to alter immunological tone • Specific consortia of microbes affect T cell Existing Agents All Act on Same activation, cytokine networks and immune Side of Gut Epithelium cell trafficking Gut Lumen • Demonstrated mo

  27. Slide 27: Microbiome therapeutics represent a novel modality to treat intestinal inflammation

    Microbiome therapeutics represent a novel modality to treat intestinal inflammation Potential of Microbiome Therapeutics: 1. Address key components of IBD pathogenesis 2. Offer safety advantages over current agents 3. Ideal for combination therapy 27

  28. Slide 28: Agenda

    Agenda 8:00-8:10 a.m. 9:05-9:25 a.m. Opening remarks Microbiome therapeutic development Roger Pomerantz, M.D., Seres President, CEO Stephen Hanauer, M.D., Northwestern and Chairman University 8:10-8:20 a.m. 9:25-9:30 a.m. The microbiome as a new therapeutic Break modality Will Dere, M.D., Seres Boar

  29. Slide 29: SER-287 overview

    SER-287 overview • Consortium of Firmicute bacterial spores • Biologically sourced from healthy screened donors • Spore purification process mitigates risk of transmission of infectious agents SER-287 • Spores are resistant to gastric acid allowing Composition & formulation into capsules Rationale f

  30. Slide 30: Fecal microbiota transplantation has established proof of concept in UC

    Fecal microbiota transplantation has established proof of concept for the role of the microbiome in Ulcerative Colitis • McMaster University, Toronto1 ○ 70 patients with active UC; 6x FMT q1 week ○ 24% remission in FMT vs. 5% in POB at 7 weeks ○ Responders increased microbiota diversity ○ 7 responde

  31. Slide 31: SER-287 Phase 1b study objectives

    SER-287 Phase 1b study objectives Primary Objectives: • Safety and tolerability • Engraftment of SER-287 dose species into the recipient Select Secondary Objectives Evaluated at Week 8 of induction: • Clinical remission defined as Total Modified Mayo Score (TMMS) ≤2 plus endoscopic subscore (ESS) of

  32. Slide 32: SER-287 Phase 1b Ulcerative Colitis study

    SER-287 Phase 1b Ulcerative Colitis study Placebo pre- Placebo once daily for treatment for 6 days 8 weeks (n=11) Vancomycin pre- SER-287 once daily for 58 mild- treatment for 6 days 8 weeks (n=15) moderate UC patients failing standard Placebo pre- SER-287 once weekly of care* treatment for 6 days f

  33. Slide 33: Why pretreat with antibiotics?

    Why pretreat with antibiotics? Creates an “ecologic niche” for better engraftment of SER-287 species 33

  34. Slide 34: Why pretreat with antibiotics? Why oral vancomycin?

    Why pretreat with antibiotics? Creates an “ecologic niche” for better engraftment of SER-287 species Why oral vancomycin? Rationale: • Favorable safety profile with minimal systemic exposure • Low risk for inducing Clostridium difficile infection • Has activity against Gram positive anaerobes which

  35. Slide 35: Significant and dose dependent impact on remission

    Significant and dose dependent impact on remission 40.0% (6/15) 40% achieving remission 30% p = 0.0237 % patients 17.7% 20% (3/17) 13.3% (2/15) 10% 0.0% (0/11) 0% Placebo Vancomycin Placebo Vancomycin pretreatment / pretreatment / pretreatment / pretreatment / Placebo SER-287 daily SER-287 weekly SE

  36. Slide 36: Dose dependent impact on endoscopic improvement

    Dose dependent impact on endoscopic improvement 40.0% (6/15) 40% 33.3% endoscopic improvement (5/15) % patients with 30% p = 0.178 23.5% (4/17) 20% 9.1% (1/11) 10% 0% Placebo Vancomycin Placebo Vancomycin pretreatment / pretreatment / pretreatment / pretreatment / Placebo SER-287 daily SER-287 weekl

  37. Slide 37: Illustrative endoscopy improvement — SER-287 daily treatment

    Illustrative endoscopy improvement — SER-287 daily treatment Pre-treatment endoscopy showing the Post-treatment day 64 sigmoid colon with spontaneous endoscopy bleeding and ulceration 37

  38. Slide 38: Histological healing

    Histological healing RHI score change 8 weeks post SER-287 administration Placebo PBO/SER287 Placebo Vanc/SER287 Vancomycin Vanc/SER287 Vancomycin PBO/PBO / pretreatment weekly / pretreatment Weekly / pretreatment Daily / pretreatment Placebo SER-287 weekly SER-287 weekly SER-287 daily 2 (n=10) (n=1

  39. Slide 39: Analysis of patients previously treated with biologics

    Analysis of patients previously treated with biologics • 6 patients in the study were previously treated with biologics for ulcerative colitis: o4 patients in vanco pre-treat, SER-287 daily arm oOne in vanco pre-treat, SER-287 weekly arm oOne in placebo arm • Of the 4 patients in the vanco pre-treat

  40. Slide 40: Favorable SER-287 Phase 1b safety profile

    Favorable SER-287 Phase 1b safety profile • SER-287 administration arms demonstrated a similar safety profile to placebo • No serious drug-related adverse events • No subject discontinuations in the SER-287 daily treatment arm • Reduced gastrointestinal adverse events provide an independent assessme

  41. Slide 41: SER-287 Engraftment & Mechanism of Action

    SER-287 Engraftment & Mechanism of Action Leading the Microbiome Revolution 41

  42. Slide 42: SER-287 Phase 1b PK and PD results support mechanism of action

    SER-287 Phase 1b PK and PD results provide support for the mechanism of action Pharmacokinetics (PK) • Kinetics of product engraftment: the presence of bacteria in the drug in subjects over time Pharmacodynamics (PD) • Overall changes in the composition of the microbiome and corresponding alteration

  43. Slide 43: Pharmacokinetics: Significant engraftment of SER-287 species

    Pharmacokinetics: Significant engraftment of SER- 287 species starting 7 days post treatment SER-287 Dosing Period Follow-up * * P < 0.05 * * * * Placebo / Placebo Number SER-287 Species * * 30 * * Placebo / SER-287 Weekly * * * * * * Vanco pre-tx / SER-287 Weekly * * * * Vanco pre-tx / SER-287 Dail

  44. Slide 44: Bacterial species signature associated with clinical remission

    Identified bacterial species signature that associates with clinical remission vs non-remission Remission Non-remission Relative species 7 days 10 days 14 days 56 days 84 days 7 days 10 days 14 days 56 days 84 days abundance Less More 19 Species more prevalent in patients achieving clinical remissio

  45. Slide 45: Signature species correlated with metabolite shifts

    New Seres data Pharmacodynamics: Signature species associated with clinical remission are strongly correlated with metabolite shifts within SER-287 treated patients Signature Species • Strong correlation between species and metabolites that predict clinical remission Species or Metabolite Outcome As

  46. Slide 46: Metabolic pathways modulated by SER-287 impact inflammatory and immune state

    New Seres data Metabolic pathways modulated by SER-287 and associated with clinical remission impact inflammatory and immune state • Short Chain Fatty Acids (SCFAs): o Promote anti-inflammatory responses: enhance epithelial tight junctions, increase in regulatory T cells (Treg), inhibit histone deac

  47. Slide 47: Bile acid metabolism can impact IBD and immune regulation

    Bile acid metabolism can impact IBD and immune regulation BSH* Primary Bile Acids 7αDH* Secondary Bile Acids Liver (1° BA) (2° BA) Glycine/Taurine Cholic acid (CA) Deoxycholic acid (DCA) Conjugates Chenodeoxycholic acid (CDCA) Lithocholic acid (LCA) Additional 2° *microbial mediated metabolism Bile

  48. Slide 48: Secondary bile acids metabolism is increased in subjects with clinical remission

    New Seres data Secondary bile acids metabolism is increased in subjects with clinical remission Secondary bile acids (2° BA) derived Secondary bile acids (2° BA) have from microbial mediated metabolism are confirmed dose dependent anti- positively associated with clinical inflammatory effects in per

  49. Slide 49: SER-287 Phase 1b data demonstrate clinical effect and mechanistic data

    SER-287 Phase 1b data demonstrate clinical effect and provide supportive molecular mechanistic data METABOLITES & CLINCAL OUTCOME SPECIES SIGNATURES PATHWAYS Metabolites and functional Dose dependent Engraftment (PK) associated pathways (PD) associated with clinical remission with clinical remission

  50. Slide 50: SER-287 Presentations at Digestive Disease Week 2018

    SER-287 Presentations at Digestive Disease Week 2018 Oral Presentation: SER-287 Phase 1b clinical trial results in mild-to-moderate ulcerative colitis during “Distinguished Abstract Plenary” • Date: June 2nd 10:30-10:45 am • Speaker: Bharat Misra, M.D. (Borland Groover Clinic) Late Breaker Poster: D

  51. Slide 51: Planned SER-287 Phase 2B study design

    Planned SER-287 Phase 2B study design • Study to further evaluate induction dosing and longer term maintenance efficacy • Design expected to support potential FDA registrational data package and with compelling data may be considered a pivotal trial • Expect to initiate study in the coming months 26

  52. Slide 52: Agenda

    Agenda 8:00-8:10 a.m. 9:05-9:25 a.m. Opening remarks Microbiome therapeutic development Roger Pomerantz, M.D., Seres President, CEO Stephen Hanauer, M.D., Northwestern and Chairman University 8:10-8:20 a.m. 9:25-9:30 a.m. The microbiome as a new therapeutic Break modality Will Dere, M.D., Seres Boar

  53. Slide 53: Sequential Therapies for Ulcerative Colitis

    Sequential Therapies for Ulcerative Colitis Therapy according to severity & prognosis at presentation or failure at prior step Disease Severity at Presentation Anti-TNF +/- What’s New? immunosuppressant Anti-Integrin +/- Anti-TNF/Anti-Integrin Severe immunosuppressant +/- immunosuppressant Aminosali

  54. Slide 54: Success and failure in IBD drug development

    Success and failure in IBD drug development Epithelial cell Rituximab Ocrelizumab Rituximab Ustekinumab Ocrelizumab MEDI2070 Dendritic β cell cell Briakinumab IL-12 IL-23 B-7 T cell Activated Success CD-28 macrophage Tofacitinib CD-3 Visilizumab Jak3 Abatacept p38 Th0 T cell JNK IL-12 Fontolizumab I

  55. Slide 55: Less than 30% remission rates in recent clinical studies

    Less than 30% remission rates in recent clinical studies Epithelial cell Rituximab Ocrelizumab Ustekinumab MEDI2070 Dendritic β cell cell Briakinumab IL-12 IL-23 B-7 T cell Activated Tofacitinib Success CD-28 macrophage CD-3 Visilizumab Jak3 Abatacept p38 Th0 T cell JNK IL-12 Fontolizumab IFN-γ TGFβ

  56. Slide 56: Drug development has followed a standard path so far…

    Drug development has followed a standard path so far… 56

  57. Slide 57: Current indications & consequences for biologics

    Current indications & consequences for biologics Indications Consequences • Moderate-Severe Disease • Steroid-Refractory/Steroid- • Not Responding to Conventional Dependent Agents (or Anti-TNF agents) • No benefit & all risks • Long-disease duration • Least likely to respond o Refractory disease o T

  58. Slide 58: Favorable SER-287 efficacy relative to approved and development stage UC drugs

    Favorable SER-287 efficacy relative to selected approved and development stage UC drugs Remission Rates for Induction in Active UC FDA approved for UC In development for UC SER-287 40.0% 40.0% 39.0% 34.0% 33.0% 31.6% 28.0% 25.0% 24.0% 21.8% 18.5% 18.5% 17.8% 16.5% 15.0% 17.0% 16.6% 16.0% 13.0% 13.8%

  59. Slide 59: Current management of UC is directed towards host immunosuppression

    Current management of UC is directed towards host immunosuppression Focus of drug discovery for past two decades Rationale for targeting immune response: • UC pathogenesis is thought to arise from disruption of immune tolerance to the gut microbiota in a genetically susceptible host • R&D efforts ha

  60. Slide 60: Current management of UC is directed towards host immunosuppression

    Current management of UC is directed towards host immunosuppression To date, there are no approved UC drugs targeting the triggers of inflammation rather than inflammation itself Unmet need for an oral nonimmunosuppressive therapeutic agent for UC treatment Sartor Gastro 2017; Sartor Gastro 2008 60

  61. Slide 61: Improved 1st Line Therapies

    Improved 1st Line Therapies Disease Severity at Presentation What’s New? Anti-TNF +/-IS Anti-TNF/Anti-Integrin Severe Anti-Integrin +/- IS +/- IS Corticosteroid Aminosalicylate/ Moderate Thiopurine/MTX Aminosalicylate Aminosalicylate Mild Oral/Topical/Combo Oral/Topical/Combo Budesonide Induction Ma

  62. Slide 62: Replacement of Steroids

    Replacement of Steroids Disease Severity at Presentation What’s New? Anti-TNF +/-IS Anti-TNF/Anti-Integrin Severe Anti-Integrin +/- IS +/- IS Corticosteroid Aminosalicylate/ Moderate Thiopurine/MTX Aminosalicylate Aminosalicylate Mild Oral/Topical/Combo Oral/Topical/Combo Budesonide Induction Mainte

  63. Slide 63: What Are We Getting?

    What Are We Getting? Disease Severity at Presentation What’s New? Anti-TNF +/-IS Anti-TNF/Anti-Integrin Severe Anti-Integrin +/- IS +/- IS Corticosteroid Aminosalicylate/ Moderate Thiopurine/MTX Aminosalicylate Aminosalicylate Mild Oral/Topical/Combo Oral/Topical/Combo Budesonide Induction Maintenan

  64. Slide 64: Potential SER-287 positioning

    Potential SER-287 positioning • Potential across broad spectrum of IBD: ✓ Prior to biologics, other therapies with significant safety concerns ✓ Pediatric patients ✓ Following biologics (non-responder patients) ✓ Combination therapy ✓ Other forms of IBD (e.g., Crohn’s disease) 64

  65. Slide 65: Agenda

    Agenda 8:00-8:10 a.m. 9:05-9:25 a.m. Opening remarks Microbiome therapeutic development Roger Pomerantz, M.D., Seres President, CEO Stephen Hanauer, M.D., Northwestern and Chairman University 8:10-8:20 a.m. 9:25-9:30 a.m. The microbiome as a new therapeutic Break modality Will Dere, M.D., Seres Boar

  66. Slide 66: Agenda

    Agenda 8:00-8:10 a.m. 9:05-9:25 a.m. Opening remarks Microbiome therapeutic development Roger Pomerantz, M.D., Seres President, CEO Stephen Hanauer, M.D., Northwestern and Chairman University 8:10-8:20 a.m. 9:25-9:30 a.m. The microbiome as a new therapeutic Break modality Will Dere, M.D., Seres Boar

  67. Slide 67: Robust evidence that microbes play mechanistic role in checkpoint inhibitor response

    Robust evidence that microbes play mechanistic role in checkpoint inhibitor response T cell migration DC activation PAMPs Translocation Innate Bacterial Immune migration Stimulation Ag Loaded DC DC Cytokin Bacteria e l Milieu antigens Antigen mimicry Treg -> Th17 T cell maturation Gopalakrishnan Sci

  68. Slide 68: Modulation of inflammation in UC provides rationale for modulating cancer immune set point

    New Seres data Modulation of inflammation in UC provides compelling rationale for modulating cancer immune set point Adoptive T cell Transfer Model Key pathways characteristic of human UC Example: Cytokine-Cytokine Receptor are modulated by SER-287 in colitis model Genes shared with human pathway •

  69. Slide 69: MDACC identified microbiome signature in melanoma patients who respond to anti-PD-1

    MDACC identified microbiome signature in melanoma patients who respond to anti-PD-1 • Signature driven by bacteria in the class Clostridia, family Ruminococcaceae, including Ruminoccocus and Faecalibacterium • All spore formers that leverage deep Seres expertise in the biology and manufacturing of t

  70. Slide 70: Microbiome signature composition restores anti-PD-1 efficacy after antibiotics

    New Seres data Treatment of mice with the microbiome signature composition restores anti-PD-1 efficacy after antibiotics Note: Not all donor-derived bacterial spore compositions result in restoration of anti-PD-1 efficacy 70

  71. Slide 71: Collaborations with leading cancer centers to develop microbiome therapeutics

    Collaborations with leading cancer centers to develop microbiome therapeutics Patients treated with PD-1 axis therapies Services: Lung, melanoma, renal, bladder, Hodgkins • Seres option to license foundational • Microbiome samples intellectual property from MD Anderson pre-tx, and at related to the

  72. Slide 72: Agenda

    Agenda 8:00-8:10 a.m. 9:05-9:25 a.m. Opening remarks Microbiome therapeutic development Roger Pomerantz, M.D., Seres President, CEO Stephen Hanauer, M.D., Northwestern and Chairman University 8:10-8:20 a.m. 9:25-9:30 a.m. The microbiome as a new therapeutic Break modality Will Dere, M.D., Seres Boar

  73. Slide 73: Disclosure information

    Disclosure information Seres Research and Development Day The gut microbiome and response to cancer therapy Jennifer A. Wargo MD MMSc • I have the following financial relationships to disclose: - Speaker’s bureau: Imedex, Dava, Omniprex, Illumina, BMS - Advisory board member: Roche - Genentech, GSK,

  74. Slide 74: Major advances in cancer treatment through immunotherapy

    Major advances in the treatment of cancer through the use of immunotherapy (immune checkpoint blockade) aCTLA-4 aPD-1 aCTLA-4 + aPD-1 However responses are not universal and not always durable, and there is a critical need to identify biomarkers of response, as well as strategies to improve response

  75. Slide 75: How can we better understand responses to therapy and optimize treatment regimens?

    How can we better understand responses to therapy and optimize treatment regimens? 75

  76. Slide 76: Responses are dependent on factors shaping tumor growth and immunity

    Responses are dependent on factors shaping tumor growth and immunity Systemic Immunity Tumor Genome and Epigenome Innate and Adaptive Tumour cell Tumour cells Epigenetic Changes Tumor Microenvironme Environment nt ECM Internal / External Factors Tumour Stromal cell cell TIL TAF Blood Vessel MDSC Cog

  77. Slide 77: The human microbiome

    The human microbiome 100 trillion 10-100X microbes microbial : human genes 3% human body mass largest # microbes – GI tract 1-10X microbes : human cells There is a growing appreciation of the role of the microbiome in health and disease, & evidence that the microbiome can contribute to carcinogenesi

  78. Slide 78: Could the microbiome become the newest frontier in cancer therapy?

    Could the microbiome become the newest frontier in cancer therapy, with diagnostic and therapeutic strategies targeting the microbiome? 78

  79. Slide 79: Growing appreciation of the role of the microbiome in cancer

    There is a growing appreciation of the role of the microbiome in cancer 79

  80. Slide 80: The microbiome may also influence responses to cancer immunotherapy

    The microbiome may also influence responses to cancer immunotherapy Diversity of the gut microbiome is associated Composition of the gut microbiome is with differential outcomes in the setting of associated with differential responses to stem cell transplant in patients with AML checkpoint blockade

  81. Slide 81: Role of the gut microbiome in response to checkpoint blockade in melanoma

    Based on this evidence, we wanted to better understand the role of the gut microbiome in response to checkpoint blockade in patients with melanoma 81

  82. Slide 82: Hypothesis

    Hypothesis • Differential bacterial “signatures” exist in responders versus non-responders to immune checkpoint blockade • Favorable signatures will be associated with an enhanced anti-tumor immune response (with increased CD8+ T cells, as well as evidence of an enhanced innate immune response) • In

  83. Slide 83: Oral and gut microbiome studied in a large cohort of metastatic melanoma patients

    Oral and gut microbiome were studied in a large cohort of patients with metastatic melanoma going onto systemic therapy Responder RECIST at 12 CR, PR, weeks and SD (> 6mos) PFS assessed Initial Tumor Start of Clinical Repeat oral & gut Non- oral & gut biopsy therapy assessment & microbiome Responder

  84. Slide 84: Responders to anti-PD1 had higher gut microbiome diversity

    Responders to anti-PD1 had a significantly higher diversity of bacteria in the gut microbiome, and clustered separately from non-responders ** P<0.01 Higher diversity of the gut microbiome was * p<0.05 associated with improved PFS on anti- PD-1 therapy 84

  85. Slide 85: Compositional differences in gut microbiome in responders versus non-responders

    Compositional differences in the gut microbiome were also noted in responders versus non-responders to PD-1 blockade Set Responder Low 1 High Responder R NR Set 2 Bacteroidia Set1 Clostridia Clostridia Bacteroidia Set 3 Set2 Non-responder Set3 Non-responder Responders p < 0.05 for LDA>3 or <-3 (FDR

  86. Slide 86: Metagenomic sequencing confirmed taxonomic and metabolomic differences

    Metagenomic sequencing confirmed taxonomic differences, and also revealed differences in metabolomic profiles of responders (R) versus non-responders (NR) Enrichment of biosynthetic pathways in R and degradative pathways in NR Gopalakrishnan et al, Science 2018 86

  87. Slide 87: Anti-tumor immune responses compared to gut microbiome composition

    Anti-tumor immune responses were assessed and were compared to the composition of the gut microbiome in patients on anti-PD-1 Expression of markers in Bacteroidales abundance Faecalibacterium abundance p<0.05 tumor (IHC) Bacteria enriched in the gut of responders and non-responders High abundance of

  88. Slide 88: Mechanistic studies in murine models link gut microbiome and anti-PD-1 response

    Mechanistic studies in murine models demonstrated a link between the gut microbiome and response to anti-PD-1 based therapy Anti-PD-L1 Germ-free mice receiving FMT from responders have delayed tumor growth and enhanced response to anti-PD-L1 Dapi CD45 CD8 Control FMT from NR FMT from R Control FMT f

  89. Slide 89: Can we modulate the gut microbiome to enhance responses to immunotherapy?

    Can we modulate the gut microbiome to enhance responses to immunotherapy? 89

  90. Slide 90: Working with Seres and Parker Institute to implement a clinical trial

    Working with Seres Therapeutics and Parker Institute for Cancer Immunotherapy to implement a clinical trial to test the hypothesis that modulation of the gut microbiome will enhance responses 90

  91. Slide 91: Gut microbiome signature to help CR donor selection and inform SER-401

    Importantly we identified a gut microbiome signature that can help us with CR donor selection, and will inform composition of SER-401 Type 1 Type 2 Importantly, we identified a gut microbiome signature that can help us with CR donor selection and will inform composition of SER-401 Gopalakrishnan et

  92. Slide 92: SER-401 Phase 1b study design

    SER-401 Phase 1b study design Study objectives PICI0014 Arm A Fecal microbiota (FM) from All patients = CT scans with complete responders anti PD-1 RECIST week 12 (n=20) Primary endpoint = Arm B safety and tolerability SER-401 (n=20) Secondary endpoints: engraftment, response and Arm C correlative s

  93. Slide 93: Acknowledgements

    Acknowledgements Laboratory Investigation (Wargo lab members) Patients and their families •Vancheswaran Gopalakrishnan PhD Seres R&D Day Attendees / Supporters •Christine Spencer PhD Seres Therapeutics •Alexandre Reuben PhD •Roger Pomerantz MD •Miles Cameron Andrews MD PhD •Dave Cook PhD •Luigi Nezi

  94. Slide 94: Agenda

    Agenda 8:00-8:10 a.m. 9:05-9:25 a.m. Opening remarks Microbiome therapeutic development Roger Pomerantz, M.D., Seres President, CEO Stephen Hanauer, M.D., Northwestern and Chairman University 8:10-8:20 a.m. 9:25-9:30 a.m. The microbiome as a new therapeutic Break modality Will Dere, M.D., Seres Boar

  95. Slide 95: Appendix

    ee Appendix SERES THERAPEUTICS” 95

  96. Slide 96: Demographics

    Demographics PBO/SER-287 Vanco/SER-287 Vanco/SER-287 PBO/PBO qWk qWk qD Characteristic (N=11) (N=15) N=17 (N=15) Mean age (years) 45.8 46.5 47.9 47.8 Disease location Left-sided colitis 72.7% 66.7% 70.6% 60.0% Extensive colitis 27.3% 33.3% 29.4% 40.0% Severity of UC Mild 27.3% 40.0% 52.9% 40% Modera

  97. Slide 97: Adverse Events Incidence by Treatment and Organ Class

    Adverse Events Incidence by Treatment and Organ Class Pbo/SER-287 Vanco/SER-287 Vanco/SER-287 SER-287 Pbo/PBO Wkly Wkly Daily Overall (N = 11) (N = 15) (N = 17) (N = 15) (N = 47) n (%) n (%) n (%) E n (%) n (%) Gastrointestinal disorders 5 (45.5) 7 (46.7) 8 (47.1) 2 (13.3) 17 (36.2) General disorder

  98. Slide 98: Key inclusion and exclusion criteria

    Key inclusion and exclusion criteria Inclusion Criteria Exclusion Criteria • Active mild-to-moderate UC: • Subjects taking cyclosporine • Total Modified Mayo Score (TMMS) 4-10 • Subjects taking biologic therapy • ESS >1, with evidence of mucosal currently or within 3 months prior lesions to randomiz

  99. Slide 99: Engraftment of remission-associated spore-former species

    Engraftment of remission-associated spore-former species is greater in subjects with clinical remission across all study arms * P < 0.05 * * * * Number of Spore-Former 10 Signature Species Clinical Remission (R) Non-Remission (NR) 5 0 Day 3 Day 7 Day 10 Day 14 Day 56 Day 84 Days Post Initial SER-287

Seres Therapeutics — Investor Day (May 2018) on 6ix