Cardiff Oncology, Inc. · NASDAQ:CRDF

Cardiff Oncology — Trovagene — Investor Presentation (October 2014)

36 slides from Cardiff Oncology's investor presentation, Oct 3, 2014

  1. Slide 1: Better Cancer Monitoring with Cell-Free DNA

    Better Cancer Monitoring with Cell-Free DNA October 2014

  2. Slide 2: Forward-Looking Statements

    Forward-Looking Statements Statements in this presentation about the Company's expectations, applications of its technology, markets, launch of tests and other statements that are not historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 an

  3. Slide 3: Our Goal: Improve Treatment Outcomes with Noninvasive Cancer Diagnostics

    Our Goal To Improve Treatment Outcomes with Copyright©2014 Trovagene, Inc. 3 Noninvasive Cancer Diagnostics Trovagene’s technology noninvasively detects and quantitates circulating tumor DNA in urine and plasma for improved disease management

  4. Slide 4: Company Overview

    Company Overview Copyright©2014 Trovagene, Inc. 4 Numerous clinical collaborations with leading cancer centers 30+ clinical studies Expanding clinical evidence to support broad market adoption Generating health economic data necessary for appropriate reimbursement CLIA certified, CAP accredited, hig

  5. Slide 5: Experienced Leadership Team

    Experienced Leadership Team Copyright©2014 Trovagene, Inc. 5 Vlada Melnikova MD, PhD VP, Research & Development Transgenomic, ApoCell, MD Anderson Cancer Center MD | PhD Biological Engineering Mark Erlander PhD Chief Science Officer BioTheranostics, AviaraDx, Arcturus, J&J, Scripps Research Institut

  6. Slide 6: Targeted Therapies for Cancer

    Targeted Therapies for Cancer Therapies are expensive and have side effects Specific for particular biomarkers Response monitoring required Resistance develops Clinical Problem Copyright©2014 Trovagene, Inc. 6 Need for Genomic Monitoring Driven by Oncogene mutations and alterations Heterogeneous: In

  7. Slide 7: Limitations of Current Technology for Cancer Monitoring

    Limitations of Current Technology for Cancer Monitoring Copyright©2014 Trovagene, Inc. 7 Imaging Tissue biopsy Circulating tumor cells Rough indication of tumor size No molecular information Radiation concerns for younger patients Invasive procedures, often not possible Potential for serious complic

  8. Slide 8: Significant Market Opportunity

    Significant Market Opportunity Copyright©2014 Trovagene, Inc. 8 $12B In 2010 Insufficient Imaging Tools in Oncology Still Yield Huge Market Prime Opportunity for Trovagene 525K Metastatic cancer patients per year 8-10 Imaging procedures received by cancer patient during first year of treatment $5B P

  9. Slide 9: Circulating Tumor DNA (ctDNA)

    Circulating Tumor DNA (ctDNA) Copyright©2014 Trovagene, Inc. 9 Tumor cells Main Advantages of ctDNA Captures intratumor heterogeneity Systemic overview of cancer Frequent sampling options for monitoring applications Different analyte options depending on clinical context

  10. Slide 10: Why Urine?

    Why Urine? Copyright©2014 Trovagene, Inc. 10 Unlimited Volume Urine ctDNA Plasma ctDNA 3,000 – 15,000 genome equivalent 15,000 – 150,000 genome equivalent Frequency of Testing Completely Non-invasive Convenient

  11. Slide 11: ctDNA Emerging as Preferred Analyte to Monitor Cancer

    “The statistically significant correlation between mutational status and treatment response suggests oncogene mutation monitoring using urinary cell-free DNA can help clinicians rapidly determine responders from non-responders, [to] improve patient outcomes”. Dr. Frances Collins, National Institutes

  12. Slide 12: Trovagene Precision Cancer Monitoring (PCM) Platform

    Trovagene Precision Cancer Monitoring (PCM) Platform Copyright©2014 Trovagene, Inc. 12 Ultra-Sensitive Detection and Quantitative Monitoring 100-1000 fold enrichment ~0.5µg ctDNA/ 100 mL of urine Integration with Commercially Available Platforms Single Molecule Detection Proprietary error rate detec

  13. Slide 13: Patent Portfolio

    Patent Portfolio Copyright©2014 Trovagene, Inc. 13 51-110 bp TrNA Family Concentrating Urine Family Patent Term Term to approx. 2035 US provisional app filed Term to approx. 2034 US provisional app filed Term to approx. 2029 US & EU Term 2018 US & EU Small Footprint Family Monitoring Disease Family

  14. Slide 14: Trovagene Performance Advantages

    Trovagene Performance Advantages Copyright©2014 Trovagene, Inc. 14 Detection of Rare Genomic Mutations Monitoring Response, Progression & Resistance Robust quantitation to determine number of mutation fragments present Ability to track changes longitudinally Compatible with highly degraded DNA for m

  15. Slide 15: Strategy to Drive Clinical Adoption & Reimbursement

    Strategy to Drive Clinical Adoption & Reimbursement Copyright©2014 Trovagene, Inc. 15 Demonstrate concordance of oncogene mutation status between urine and tumor tissue Clinical Utility: Determine mutational status of actionable biomarkers in urine when a biopsy is not an option. Ex. BRAF, KRAS $100

  16. Slide 16: Clinical Utilities of ctDNA

    Clinical Utilities of ctDNA Copyright©2014 Trovagene, Inc. 16 Metastatic Cancers Detection of Mutation Monitoring Mutation Level When tissue biopsy is unavailable Supplement tissue biopsy to get systemic overview of the entire heterogeneity of cancer Tumor load Emergence of resistant mutations Drug

  17. Slide 17: 30+ Collaborations to Validate & Integrate our PCM Platform

    30+ Collaborations to Validate & Integrate our PCM Platform Copyright©2014 Trovagene, Inc. 17 Disease Ongoing Pending Protocol Dev/Approval Under Evaluation Lung Cancer (NSCLC) 4 3 — Colorectal Cancer 4 3 — Pancreatic Cancer 3 — 1 Melanoma 2 4 — ECD/LCH 2 — 1 Brain Cancer 1 1 — Prostate Cancer — 1 —

  18. Slide 18: Ongoing Clinical Utility Studies

    Ongoing Clinical Utility Studies Copyright©2014 Trovagene, Inc. 18 Detection of Mutation Monitoring Tumor Load Emergence of Resistant Mutations Pancreatic/MDACC Brain/UCSD Lung/MSKCC KRAS BRAF EGFR Minimal residual disease detection post surgery Detect ctDNA in brain cancer patients Detection and mo

  19. Slide 19: Increasing Volume of Clinical Study Samples Received by Trovagene

    Increasing Volume of Clinical Study Samples Received by Trovagene Copyright©2014 Trovagene, Inc. 19

  20. Slide 20: Clinical Results Presented & Published To Date

    Clinical Results Presented & Published To Date Copyright©2014 Trovagene, Inc. 20 2014 2 ASCO Presentations Histiocytic BRAF MSKCC/MD Anderson Longitudinal BRAF MD Anderson AACR Poster Concordant BRAF NEXTGEN DX SUMMIT Oral Presentation, Technology IPV Meeting Poster Presentation HR-HPV Manuscript su

  21. Slide 21: High Concordance of KRAS Status in Urine, Plasma & Tissue

    High Concordance of KRAS Status in Urine, Plasma & Tissue of Advanced Colorectal Cancer Patients Copyright©2014 Trovagene, Inc. 21 20 Advanced Stage Colorectal Cancer Patients KRAS Mutation in Tissue, Treatment Naïve Matched urine and plasma, archived (3-5 years) Blinded analysis, seven KRAS mutatio

  22. Slide 22: Monitoring ctBRAF V600E and Treatment Response

    Monitoring ctBRAF V600E and Treatment Response Copyright©2014 Trovagene, Inc. 22 17 metastatic cancer patients 15 evaluable patients for ctDNA BRAF V600E >4 weeks Evaluate time to progression % tumor change per RECIST 1.1 Urine ctDNA BRAF decrease Urine ctDNA BRAF increase Urine BRAF ctDNA correlate

  23. Slide 23: ctDNA Improves Genotyping Over Tissue Biopsies in Histiocytic Patients

    ctDNA Improves Genotyping Over Tissue Biopsies in Histiocytic Patients Copyright©2014 Trovagene, Inc. 23 BRAFV600E burden in urine correlates w/ radiographic response. BRAFV600E Mutant BRAF Wildtype Urinary ctDNA BRAFV600E genotype Tissue BRAFV600E genotype Indeterminate Genotype BRAFV600E Mutant BR

  24. Slide 24: Dynamic Monitoring Captures Early Progression and Response

    Dynamic Monitoring Captures Early Progression and Response Copyright©2014 Trovagene, Inc. 24 One week 1 Abdel-Wahab et al., ASCO Poster Highlight 2014 Successful monitoring tumor dynamics independent of drug class used Patient’s tumor progressed within 1 wk of Anakinra withdrawal Demonstration of ne

  25. Slide 25: Ongoing Clinical Studies Continue to Drive Publications

    Ongoing Clinical Studies Continue to Drive Publications Copyright©2014 Trovagene, Inc. 25 2014 EORTC-NCI-AACR Submit abstracts HISTIOCYTIC SOC. Submit abstracts Q4 Q1 Q2 Q3 3/2015 10/2015 Submit manuscript Longitudinal and pharmacodynamic BRAF and KRAS multiple cancers MD Anderson ASCO Submit abstra

  26. Slide 26: Current Development Program for Cancer Monitoring Applications

    Current Development Program for Cancer Monitoring Applications Copyright©2014 Trovagene, Inc. 26 KRAS Exon 2 BRAF V600E KRAS Exon 2,3,4 NRAS Exon 2,3,4 BRAF V600E PIK3CA H1047R EGFR Exon 20 T790M EGFR Exon 19 Del EGFR Exon 21 L858R ALK Rearrangements NRAS Exon 2

  27. Slide 27: Trovagene Urine-based High Risk HPV Assay

    Trovagene Urine-based High Risk HPV Assay Copyright©2014 Trovagene, Inc. 27 Urine-based High Risk HPV Assay established in Trovagene’s CLIA lab since 2013 265K Deaths in 2012 Market in 2013 $9B Market in 2020 HPV Testing Market Globally Screening is a viable solution: 75% reduction in incidence in U

  28. Slide 28: Developing Trovagene's HPV Franchise

    Developing Trovagene’s HPV Franchise Internal Development Clinical studies in general screening population Strand Life Sciences (3,000 patients, enrollment underway) Planning stages for pivotal studies Obtain regulatory compliance Copyright©2014 Trovagene, Inc. 28 Partnering Opportunities Strategic

  29. Slide 29: Reimbursement Value Based on Clinical Utilities of ctDNA

    Reimbursement Value Based on Clinical Utilities of ctDNA Copyright©2014 Trovagene, Inc. 29 Detection of Mutation Monitoring Tumor Size When tissue biopsy is unavailable Tumor load Emergence of resistant mutations Drug holidays Tier 1 MDx Codes Concordance with SOC Established codes Price/assay Repea

  30. Slide 30: Key Component for Commercialization: Market Development

    Key Component for Commercialization: Market Development Copyright©2014 Trovagene, Inc. 30 Market Development (2013-2014) Full Commercialization (2015) Target KOLs/ Early adopters Develop IIS (Investigator Initiated Study) Program Accelerate Adoption within Integrated Healthcare Delivery Networks (ID

  31. Slide 31: Key Components for Full Commercialization in 2015

    Key Components for Full Commercialization in 2015 Copyright©2014 Trovagene, Inc. 31 Full Commercialization (2015) Drive Adoption of Expanded Menu Conversion of Research Collaborators to Clinical Adopters Expand New Market Segments New Market for Genomic Monitoring Direct sales team 6 sales reps in P

  32. Slide 32: Targeted Segments for Market Development & Commercialization

    Targeted Segments for Market Development & Commercialization Copyright©2014 Trovagene, Inc. 32 Data support adoption in clinical academic centers in defined patient populations Pancreatic (Metastatic) Melanoma (Metastatic) Colorectal (Metastatic) Lung (NSCLC) Pancreatic (Stage 2-3) ECD/LCH

  33. Slide 33: Cash Flow Summary 2012 – YTD Jun 2014

    Cash Flow Summary 2012 – YTD Jun 2014 Copyright©2014 Trovagene, Inc. 33 ($ in millions) 2012 2013 YTD Jun 2014 Net loss (11.6) (11.8) (4.3) Cash burn Cash used in operating activities (4.9) (7.3) (5.5) Cash used in investing (0.3) (0.6) (0.1) (5.2) (7.9) (5.6) Funding Net cash provided by financing

  34. Slide 34: Funding Details 2012 – YTD Jun 2014

    Funding Details 2012 – YTD Jun 2014 Copyright©2014 Trovagene, Inc. 34 ($ in millions) 2012 2013 YTD Jun 2014 Financing activities (net of expenses) Private Placements 6.2 NASDAQ up-listing 9.1 ATM 4.0 Institution Investment 14.8 Exercise of Warrants and options 0.0 3.6 15.3 22.4 - Net borrowing unde

  35. Slide 35: Near Term Catalysts to Drive Valuation

    Near Term Catalysts to Drive Valuation Copyright©2014 Trovagene, Inc. 35 Demonstrate clinical utility Expand mutation coverage on PCM platform Initiate new collaborations to establish clinical utility Establish strategic partnerships to grow market reach Drive early adoption in top cancer centers an

  36. Slide 36: For further information

    For further information Please contact: Stephen Zaniboni, CFO szaniboni@trovagene.com Antonius Schuh, CEO aschuh@trovagene.com 36

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