Oramed Pharmaceuticals Inc. · NASDAQ:ORMP
Oramed Pharmaceuticals — Investor Presentation (July 2015)
38 slides from Oramed Pharmaceuticals's investor presentation, July 2015
Slide 1: Corporate Presentation
Corporate Presentation Nasdaq: ORMP July 2015
Slide 2: Safe Harbor
Safe Harbor Certain statements contained in this material are forward-looking statements. These forward-looking statements are based on the current expectations of the management of Oramed only, and are subject to a number of factors and uncertainties that could cause actual results to differ materi
Slide 3: Investment Highlights
Investment Highlights Proprietary technology platform (POD™) for oral delivery of peptides Significant market opportunity: focus on significant medical needs Clinical proof of concept achieved Orally ingestible insulin: US FDA Phase II clinical development Strong product pipeline: potential to expan
Slide 4: Oramed: An Oral Solution
Oramed An Oral Solution 4
Slide 5: Fate of proteins/peptides in GIT
Fate of proteins/peptides in GIT Harsh pH Mechanical Protease Absorption challenges threat barrier Leads to protein breakdown and lack of absorption 5
Slide 6: Oramed POD Technology: Oral Protein and Peptide Delivery
Oramed POD™ Technology: Oral Protein and Peptide Delivery and Absorption Enteric Coating Protease Inhibitors Absorption Enhancers pH sensitive – only degrades in the Protects protein from Assists with translocation of small intestine, thus protecting capsule degradation by proteases active ingredien
Slide 7: Targeting Diabetes Treatment: Opportunities in Many Large Markets
Targeting Diabetes Treatment: Oramed has Opportunities in many Large Markets $20 billion 2013 global insulin market1 Insulin $47 billion projected market for 20201 $2+ billion 2012 global GLP-1 market2 GLP-1 $6.6 billion projected for 20183 Analog Many patients stop treatment as a result of injectio
Slide 8: ORMD-0801: Oral Insulin Administrations To-date
ORMD-0801: Oral Insulin Administrations To-date Total number of 200 50 study subjects: 180 160 140 120 62 196 100 80 60 84 40 Total number of 20 human doses: 0 Study Subjects: Breakdown T2DM 50 T1DM 62 2,063 Healthy 84 As of October 15, 2014 8
Slide 9: ORMD-0801 Type 2 Diabetes (T2DM)
ORMD-0801 Type 2 Diabetes (T2DM) 9
Slide 10: Physiologic Insulin Delivery
Physiologic Insulin Delivery Portal insulin delivery is To systemic physiologic, while systemic insulin circulation delivery (injected, inhaled, etc.) is stomach not liver Blood glucose - insulin secretion system forms a 'closed-loop' Peripheral insulin promotes glucose uptake in fat and muscl
Slide 11: ORMD-0801 Treats Diabetes Sooner
T2DM ORMD-0801 Treats Diabetes Sooner: Type 2 Diabetes Stages & Treatment Options Criteria for advancing to next stage: Initial Treatment: AIC not at target < 7.0% • Lifestyle Modification 100 • Diet & Exercise b-cell functioning Single & Combination Oral Therapies: 75 • Reduce insulin resistance •
Slide 12: Unique Initial Indication (ORMD-0801)
Unique Initial Indication (ORMD-0801) ORMD-0801: Unique Indication • Nighttime dose • Focused on reducing the excessive nocturnal glucose production from the liver Fasting Blood Glucose (FBG): • Measurement of blood glucose levels after a fast (e.g. first thing in the morning) • Effected by liver re
Slide 13: ORMD-0801 Trial Results: A Summary
T2DM ORMD-0801 Trial Results: A Summary Pre-clinical • Healthy, non-diabetic, cannulated beagle dogs showed a 60-75% drop in blood glucose levels within 30-100 minutes of treatment • No hypoglycemia or adverse events were observed over the three years of testing (in dogs) T2DM Patients ORA-D-004 8 P
Slide 14: ORMD-0801 Phase IIa Results
ORMD-0801 Phase IIa Results 14
Slide 15: ORMD-0801: Phase IIa FDA Study
T2DM – ORA-D-009 ORMD-0801: Phase IIa FDA Study Overview • 30 T2DM patients • US site • In-patient setting • Double blind • Randomized • 1 week of treatment Objectives • Primary objective: • Safety and tolerability • Secondary objectives: • Pharmacodynamic effects on mean nighttime glucose • Pharmac
Slide 16: Phase 2a: Primary Objective Safety
T2DM – ORA-D-009 Phase 2a: Primary Objective Safety Hypoglycemic Events 0 Serious Adverse Events 0 Severe Adverse Events 0 ORMD 0801 Related Adverse Events 0 Adverse Events (non treatment related): Placebo 5 patients 7 reported adverse events 8 mg + 8 mg 3 patients 5 reported adverse events 8 mg + 1
Slide 17: Phase IIa
T2DM – ORA-D-009 Phase IIa Mean fasting blood glucose concentrations (CGM) Fasting CGM Placebo (n = 10) ORMD-0801 Difference ORMD-0801 Difference Glucose – mg/DL (1) 8 mg + 8mg (n=10) (ORMD 0801 – placebo) 8 mg + 16mg (n=8) (ORMD 0801–placebo) Last 2 days of data 156.26 (58.62) 126.02 (27.26) -30.24
Slide 18: ORMD-0801: Phase IIa FDA Study
T2DM – ORA-D-009 ORMD-0801: Phase IIa FDA Study Safe and Well-Tolerated, Sustained Glucose Reduction Safety Conclusions • ORMD-0801 oral insulin gel caps were observed to be safe and well-tolerated for the dosing regimen considered in this study • No hypoglycemic events occurred at any point during
Slide 19: ORMD-0801: Proposed Phase IIb FDA Study
T2DM ORMD-0801: Proposed Phase IIb FDA Study Overview • ~180 T2DM patients • >30 US sites • Double blind • Randomized • 28 days of treatment Objectives • Primary objective: • Safety: Evaluate the safety of ORMD-0801 • Efficacy: evaluate the PF effects of ORMD-0801 on mean nighttime glucose (determin
Slide 20: ORMD-0801 Type 1 Diabetes (T1DM)
ORMD-0801 Type 1 Diabetes (T1DM) 20
Slide 21: T1DM – an overview
T1DM T1DM – an overview T1DM • T1DM is an autoimmune disease – the body destroys its own insulin-producing cells leaving patients completely dependent on external insulin sources • 5-10% of diabetes cases are T1DM – approx. 18-37 million people worldwide. • The disease was previously only seen in ch
Slide 22: ORMD-0801: T1DM
T1DM ORMD-0801: T1DM Mean glucose n=8 Frequency glucose >200mg/dL 300 58 51 50 11.5% Glucose (mg//dL) 280 38 Pretreatment 260 Treatment 240 220 Day Night Frequency (%) 200 60 180 50 Day Night 40 Pretreatment Treatment 30 20 6:00 9:00 12:00 14:00 19:00 21:00 00:00 Results: Safe, well tolerated, 8:5
Slide 23: ORMD-0801: Phase IIa FDA Study
T1DM – ORA-D-010 ORMD-0801: Phase IIa FDA Study Overview • 24 T1DM patients • US site • In-patient setting • Double blind • Randomized • Placebo-controlled • 7 days of treatment Objectives • Primary objective: • To evaluate the change in exogenous insulin requirements in T1DM patients • Secondary ob
Slide 24: Hypoglycemic Events
T1DM – ORA-D-010 ORMD-0801: Phase IIa FDA Study Selected Topline Key Results – Indicating that Insulin Could Possibly be Reduced Further Hypoglycemic Events Day 6 Placebo Hypo ORMD-0801 Delta FPG • Placebo • No events – 5 (50.0%) 40 40 • 1 event – 3 (30.0%) 30 30 • 2 events – 2 (20.0%) • Active 20 2
Slide 25: ORMD-0801: Phase IIa FDA Study Topline Results
T1DM – ORA-D-010 ORMD-0801: Phase IIa FDA Study Selected Topline Key Results – Indicating that Insulin Could Possibly be Reduced Further 10.00 2 0.00 Basal or Bolus Insulin (units) Day 1 Day 2 Day 3 Day 4 Day 5 Day 6 Day 7 Delta Placebo vs ORMD Delta Placebo vs ORMD -10.00 -3 FPG (mg/dl) -20.00 -8 -
Slide 26: Proof-of-Concept for ORMD-0801 Oral Insulin
T1DM – ORA-D-010 ORMD-0801: Phase IIa FDA Study Proof-of-Concept for ORMD-0801 Oral Insulin to Reduce Exogenous Insulin Requirements SUMMARY OF DATA • ORMD-0801 was observed to be safe and well-tolerated for the preprandial dosing regimen in this study • ORMD-0801 showed encouraging trends of: • Dec
Slide 27: ORMD-0901 Oral GLP-1 Analog (T2DM)
ORMD-0901 Oral GLP-1 Analog (T2DM) 27
Slide 28: Oral GLP-1 Analog (Exenatide)
Oral GLP-1 Analog (Exenatide) GLP-1: Hormone Facts • Secreted by the intestine • Has effect on the satiety center in the brain ORMD-0901 • Has effect on pancreatic β-cells Oral GLP-1 • Pre-IND package submitted GLP-1 Analog: Drug Facts to the US FDA Q3 2013 • Good safety profile • IND-enabling tox s
Slide 29: Oral GLP-1 – ORMD-0901: Blunting of glucose excursions in dogs
Oral GLP-1 – ORMD-0901 Blunting of glucose excursions in dogs *102 120 Methods: 100 Healthy, fasting, cannulated Area (mg/dl)/minutes dogs 80 * Single dose ORMD-0901 60 * * formulation Administered 30 minutes 40 pre-glucose challenge Blood samples collected every 20 15 minutes 0 Exenatide -
Slide 30: ORMD-0901 - T2DM First in Human Study
ORMD-0901 - T2DM Study • First in Human • 4 healthy volunteers • Placebo controlled • Pre-prandial ORMD-0901 Mean AUC n=4 140 Placebo: 120 148.530.5 Insulin (mU/mL) 100 150 mg No Nausea 80 exenatide Insulin: 60 180.3106.3 40 21% 20 placebo 0 -50 0 50 100 150 30
Slide 31: Pipeline Overview
Pipeline Overview Phase I Phase II Phase III Timeline Q1, ‘14: Phase IIa completed ORMD-0801 (Oral Insulin) Q2, ’15: Phase IIb multi-center study Type 2 Diabetes initiated ORMD-0801 (Oral Insulin) Q3, ’14: Phase IIa completed Type 1 Diabetes ORMD-0901 (Oral GLP-1) Q3, ’14: Preclinical/IND studies in
Slide 32: Corporate Overview
Corporate Overview 32
Slide 33: Management
Management Nadav Kidron, Esq, MBA – CEO & Director Experience in various industries, including corporate law and technology Board of Directors Michael Berelowitz, MD Miriam Kidron, PhD – CSO & Director • Chairman of Oramed SAB Senior Researcher at the Diabetes Unit of Hadassah • SVP Clinical Develop
Slide 34: Scientific Advisory Board
Scientific Advisory Board Michael Berelowitz, MD Chairman of SAB Derek LeRoith, MD, PhD • Former SVP Clinical Development and • Professor of Medicine and Chief of Medical Affairs, Specialty Care Business Endocrinology, Diabetes and Bone at Pfizer Inc. Disease Unit, Mount Sinai School of • Strong bac
Slide 35: Corporate Overview
Corporate Overview* Ticker: NASDAQ: ORMP Nadav Special • $54M raised to date ** Kidron Situation 7% Fund • No Debt 4% Regals Fund • Cash and investments: $26.2M 8% • Shares Issued: 11.5M Leonard Sank • Fully diluted: 14.5*** 4% •Strong intellectual property estate Guangxi Public Wuzhou • Methods & C
Slide 36: Anticipated Milestones 2015/16
Anticipated Milestones 2015/16 T2DM Completion of Phase IIa FDA study ORMD-0801 Initiation & Completion of Phase IIb multi-site Oral Insulin study under US IND T1DM Completion of Phase IIa FDA study ORMD-0901 • Initiation & Completion of IND-enabling studies Oral GLP-1Analog • Initiation & Com
Slide 37: Summary
Summary Proprietary technology platform (POD™) for oral delivery of peptides Significant market opportunity: focus on significant medical needs Clinical proof of concept achieved Orally ingestible insulin: US FDA Phase II clinical development Strong product pipeline: potential to expand to other ind
Slide 38: Nadav Kidron, CEO; Josh Hexter, COO
Nadav Kidron Josh Hexter CEO COO nadav@oramed.com josh@oramed.com
Oramed Pharmaceuticals — Investor Presentation (July 2015) on 6ix