Alzecure Pharma Ab · OMXSTO:ALZCUR

Alzecure Pharma Ab — Investor Day (May 2023)

69 slides from Alzecure Pharma Ab's investor day presentation, May 17, 2023

  1. Slide 1: Market Update on Alzheimer's & AlzeCure's Alzheimer's projects

    May 17, 2023 V SS e= Market Update - On Alzheimer’s & AlzeCure’s Alzheimer's proje cts

  2. Slide 2: Speakers' experiences

    EXPERIENCES Bengt › Professor in Geriatrics and Aging at Karolinska Institute (KI) Winblad › Education: MD, PhDs from Umeå University MD, Ph.D, Professor at KI › Research focus on treatment & care of dementia with focus on Alzheimer's Johan Sandin › Expert in in vivo Pharmacology with 16 years exper

  3. Slide 3: Agenda

    • 10:00 Welcome address & agenda – Martin Jönsson, CEO, AlzeCure • 10:02 AlzeCure Pharma: Overview, vision & update – Martin Jönsson, CEO, AlzeCure • 10:10 Alzheimer’s disease; Challenges & Opportunities – Professor Bengt Winblad, M.D., PhD, Karolinska Institute • 10:25 Alzstatin: Background & evolu

  4. Slide 4: AlzeCure Pharma overview

    ➢ Working in Alzheimer’s Disease (AD) and Pain – Hugh unmet medical need & multi-billion sales potential ➢ Spin-out from AstraZeneca – as a result of their exit from the CNS area ➢ Founded in 2016, out of a research foundation sponsored by Alzheimerfonden ➢ Experienced team with extensive background

  5. Slide 5: R&D company with out-license or partner model

    • We are a Research & Development company • Research & develop through early clinical phase and then to out-license or partner on our projects • Gain incomes through: − Upfront payments − Milestone payments − Royalties on sold products 5

  6. Slide 6: Small molecules vs large biologics

    DIFFERENCES BETWEEN SMALL MOLECULES & BIOLOGICS* SMALL MOLECULE LARGE BIOLOGIC DRUG Additional benefits: - Oral medications - Low production costs - … AlzeCure focus Monoclonal antibody Small molecule drug c. 25,000 atoms Smaller molecules can have increased likelihood of penetrating the Blood Brain

  7. Slide 7: Pipeline: multiple candidates increase chance of success

    – Multiple candidates increase chance of success Platform Candidate MoA Indication Research Preclinical Phase I Phase II Phase III NeuroRestore® Alzheimer’s Disease, Positive read-out Phase I trial Positive allosteric Sleep disorders, TBI ACD856 modulator (PAM) Parkinson’s disease, Safety, Tolerabil

  8. Slide 8: Developments in the Alzheimer's field

    • Validation of the amyloid hypothesis • Positive out-comes in clinical trials, incl in phase III • New products being approved • Vastly improved biomarkers & diagnostics • Additional Big Pharma companies entering the field • More funds and private equity investment in companies and projects • …

  9. Slide 9: Meeting needs of AD patients: Alzstatin and NeuroRestore

    MEETING NEEDS OF AD PATIENTS – ADRESSING SHORT TERM NEEDS WITH LONG-TERM BENEFITS Disease-modifying therapy Symptomatic & pot. Disease-modifying therapy Alzstatin® NeuroRestore® MoA: Gamma-secretase modulator MoA: Trk-PAM Targeting Amyloid Production Improving Cognitive Function - Novel Oral Small M

  10. Slide 10: Karolinska Institutet Novum Science Park

    Karolinska Institutet Novum Science Park Hälsovägen 7, 141 57 Stockholm SWEDEN www.alzecurepharma.com

  11. Slide 11: Alzheimer's disease; Challenges & Opportunities

    Alzheimer’s disease; Challenges & Opportunities Bengt Winblad, Professor Karolinska Institutet Dept NVS Center for Alzheimer Research Div of Neurogeriatrics AlzeCure, Solna, Sweden May 17, 2023

  12. Slide 12: Dementia prevalence globally and in Sweden

    Dementia prevalence globally and in Sweden Globally, more than 55 million people have dementia, of which Alzheimer disease may contribute to 60–70% of cases. - Every year, there are nearly 10 million new cases. Sweden: ▪ 150 000 persons with dementia, out of which -120 000 with Alzheimer disease, (9

  13. Slide 13: Alzheimer's disease: genetic and environmental factors

    Alzheimer’s disease Genetic factors Environmental /life style factors Mutations Genetic risk factors • APP (Chr 21) • ApoE4 (Chr 19) • Diet • Presenilin 1 (Chr 14) • Cholesterolemi • Presenilin 2 (Chr 1) • Hypertoni • Physical inactivity Amyloid beta plaques Sporadic AD Familial AD • 95-99 % of all

  14. Slide 14: Therapy in AD: The first hundred years

    Therapy in AD: The first hundred years and looking forward………. Memantine NMDA Uncompetitive Receptor Antagonist 1906 1910 1974 1982 1997 2004 2010 2015 2021-2023 The Acetylcholinesterase cholinergic inhibitors hypothesis First Disease Modifying Rx aducanumab & lecanemab approved by FDA in US. Donane

  15. Slide 15: 2021 Alzheimer drug development pipeline

    2021 Alzheimer drug development pipeline ➢ “Biologics” are generally derived from living organisms and include antibodies, vaccines, antisense oligonucleotides, and therapeutic proteins. ➢ “Small molecules” refers to drugs taken orally that are typically <500 daltons in size and can regulate a biolo

  16. Slide 16: Important with early diagnosis

    Important with early diagnosis! ▪ For the patient; → Explanation of symptoms → Practical future planning (eg economy, travels, retirement) → Access to treatment before too much damage, take part in clinical trials ▪ For the relatives; → Same as above → Increased understanding ▪ For society; → Patien

  17. Slide 17: AD progress and biomarkers enables early diagnosis

    AD progress and biomarkers enables early diagnosis Abnormal CSF Aβ42 Amyloid imaging FDG-PET MRI hippocampal FDG-PET volume MRI hippocampal CSF Tau volume Cognitive performance Function (ADL) CSF Aβ42 Amyloid Cognitive performance imaging Function (ADL) CSF Tau Normal Time Presymptomatic eMCI LMCI D

  18. Slide 18: Addition of blood/plasma biomarkers

    Addition of blood/plasma biomarkers C Teunissen, 2022, rev S Schedin-Weiss Bengt Winblad 18

  19. Slide 19: Lecanemab reduced amyloid burden

    Lecanemab phase 2 study showed reduced amyloid burden over 18 months (developed by BioArctic, Sweden) Global cortical average vs whole cerebellum reference PET SUVr 0.05 0.01 increase in PET Adjusted mean change from baseline (±SE) 0.00 –0.05 SUVr –0.10 IMPROVEMENT –0.15 –0.20 0.22 reduction in PET

  20. Slide 20: Clarity AD treatment effect: CDR-SB

    Clarity AD (phase 3)Treatment Effect: CDR-SB (Global Measure of Cognition and Function) Adjusted Clarity AD No. of Participants Mean % P (placebo, lecanemab) Difference Improvement Slowing Value CDR-SB Domains Favors lecanemab Memory 875, 859 -0.077 27.5 0.00117 CDR-SB Orientation 875, 859 -0.081 28

  21. Slide 21: Donanemab: last reported positive immunotherapy study

    Donanemab – last reported positive immunotherapy study ▪ Eli-Lilly, US reported in a press release May 3, 2023 positive top-line results of donanemab, from the phase 3 TRAILBLAZER-ALZ2 study ▪ Antibody treatment during 18 months targeting amyloid beta aggregates (plaques) in the brain ▪ 1,736 person

  22. Slide 22: Lecanemab vs Donanemab

    Lecanemab vs Donanemab ▪ Difference in study populations ▪ Different cognitive and ADL scales ▪ The only common scale is CDR-SB, but the outcome from this scale is also influenced by the different study populations In summary: ▪ These differences makes it difficult to properly compare the results fr

  23. Slide 23: AlzeCure Pharma's two Alzheimer platforms

    AlzeCure Pharma’s two Alzheimer platforms - 1st-in-class properties & potential game-changers Disease-modifying therapy Symptomatic therapy Alzstatin® NeuroRestore® Gamma-Secretase-Modulators Trk-PAMs Targeting Toxic Amyloid Production Improving Neuronal Function & Cognition - Novel Oral Small Molec

  24. Slide 24: Research still needed for new treatment

    Research – still needed & the only way forward to new treatment Neuroprotection Risk inhibition Other molecules (growth factors, APOE, (life style, cholesterol, (ACD856, gene therapy, autophagy, inflammation) BRICHOS etc) Beta-amyloid Tau Neprilysin activation) All patients? Treatment of New finding

  25. Slide 25: Acknowledgement

    Acknowledgement ▪ Angel Cedazo-Minguez ▪ Vesna Jelic ▪ Lars Lannfelt ▪ Anders Wimo ▪ Gunilla Johansson Bengt Winblad 2023-05-17 25

  26. Slide 26: Alzstatin: Background & Evolution

    May 17, 2023 Alzstatin® b A preventive treatment against Alzhe | / - Background & Evolution Johan Sandin, PhD, CSO, AlzeCure Pharma

  27. Slide 27: Healthy brain vs Alzheimer's brain

    Healthy brain Alzheimer’s brain 27

  28. Slide 28: Amyloid in Alzheimer's brain

    Ab amyloid Healthy brain Alzheimer’s brain 28

  29. Slide 29: Alzheimer's disease progression

    Alzstatin® – Gamma-Secretase Modulator b ALZHEIMER'S DISEASE PROGRESSION Pre-symptomatic Alzheimer Symptomatic Alzheimer 10-20 years 7-10 years Abnormal Area where the highest societal gains can be achieved, and which AlzeCure can cater to Aβ Amyloid Memory Tau Mediated Brain Injury & Structure Clin

  30. Slide 30: Alzstatin gamma-secretase modulator

    Alzstatin® – gamma-secretase modulator b Alzstatin® modulates the enzyme, alter its cleaving pattern and thereby limits the aggregation Aggregation X X Ab42 - main culprit in Alzheimer progression Alzstatin® targets the gamma- secretase as a modulator - does not block enzyme activity 30

  31. Slide 31: Antibodies bind and clear aggregated Ab peptides

    Alzstatin® – Gamma-Secretase Modulator Ab Antibodies bind and clear aggregated Ab peptides. 31

  32. Slide 32: GSMs inhibit formation of Ab aggregates

    Alzstatin® – Gamma-Secretase Modulator Aβ X GSM’s inhibits the formation of all Ab aggregates 32 32 *) GSM = Gamma Secretase Modulator

  33. Slide 33: GSMs increase shorter protective Ab fragments

    Alzstatin® – Gamma-Secretase Modulator Aβ X GSM’s increase formation of shorter protective Ab fragments 33 33 *) GSM = Gamma Secretase Modulator

  34. Slide 34: Alzstatin: Gamma-Secretase Modulator

    Alzstatin® – Gamma-Secretase Modulator b 34

  35. Slide 35: Alzstatin reduces toxic Ab42 and Ab40

    Alzstatin® – Gamma-Secretase Modulator b Alzstatin reduces toxic Ab42 and Ab40, while No effect on total Ab increasing protective Ab38 and Ab37 peptides Consistent with a GSM 35

  36. Slide 36: Alzstatin reduces brain Ab42 in mice

    Alzstatin® – Gamma-Secretase Modulator 120 100 Control Control 80 GSI Semagacestat ( 1 uM) 60 40 GSM cmpd ACD678 (3 uM) 20 0 C99-GVP Notch1DE- EphB2-GVP EphA4-GVP GVP Other proteins that are cleaved by gamma-secretase 0 30 100 200 µmol/kg Alzstatin potently reduces the Alzstatin compounds do not aff

  37. Slide 37: Small molecule therapy benefits

    Alzstatin® – Gamma-Secretase Modulator Small molecule therapy Oral formulation => Home treatment • Small molecules generally pass much more readily • Don’t need to go to the hospital once or twice a across the BBB to its target site - the brain month for an infusion of the drug • Provides a more cos

  38. Slide 38: Clinical PoM and target engagement in Phase I

    Alzstatin® – Gamma-Secretase Modulator • Clinical PoM and central target engagement already in Phase I − SAD/MAD studies conducted in healthy volunteers − Evaluation of safety and tolerability after single and repeated administration − Possibility to explore biomarker effects showing central target

  39. Slide 39: Preventive and maintenance therapy

    Alzstatin® – Gamma-Secretase Modulator Preventive therapy based on genetic risk factors* and biomarkers • Early stand-alone treatment before onset of symptoms and any major neurodegeneration occurs • Prevents build-up of amyloid – an early pathological feature of AD • Suitable for preventive therapy

  40. Slide 40: Preventive and maintenance therapy

    Alzstatin® – Gamma-Secretase Modulator Preventive therapy based on genetic risk factors* and biomarkers • Early stand-alone treatment before onset of symptoms and any major neurodegeneration occurs • Prevents build-up of amyloid – an early pathological feature of AD • Suitable for preventive therapy

  41. Slide 41: Main known competitors

    Alzstatin® – Gamma-Secretase Modulator Main known competitors: − UCSD-776890 (Steven Wagner)/NIH – Phase 1 − Roche RG6289 – Phase 1 Published data on Pfizer’s PF-06648671 show that GSM’s can display both potent efficacy and good safety in man. → Development stage of Alzstatin in line with competitor

  42. Slide 42: Advantages with Alzstatin

    Alzstatin® – Gamma-Secretase Modulator Advantages with Alzstatin ✓ Reduces amyloidogenic Aβ42 production ✓ Increase the shorter peptides Aβ37 and Aβ38 - suggested to have protective properties ✓ Do not affect the total amount of Aβ – thus any physiological function likely not affected ✓ Mode of acti

  43. Slide 43: Team and collaborators

    • Team at Alzecure Pharma • Karolinska Institutet − Gunnar Nordvall − Prof. Bengt Winblad − Boel Nilsson − Assoc. Prof. Lars Tjernberg − Maria Backlund − Azita Rasti • Göteborgs Universitet − Märta Dahlström − Prof. Henrik Zetterberg − Magnus Halldin − Lotta Agholme, PhD − Veronica Lidell − Stefanie

  44. Slide 44: Karolinska Institutet Novum Science Park

    Karolinska Institutet Novum Science Park Hälsovägen 7, 141 57 Stockholm SWEDEN www.alzecurepharma.com

  45. Slide 45: NeuroRestore ACD856: Background & data supporting disease modification

    May 17, 2023 NeuroRestore ACD856 jo SS Background & data supporting disedse modi

  46. Slide 46: NeuroRestore: positive allosteric modulator of Trk-receptors

    NeuroRestore® – positive allosteric modulator of Trk-receptors • ACD856 is a novel small molecule positive modulator of Trk receptors enhancing the signaling of neurotrophins, such as Nerve Growth Factor (NGF) and Brain-Derived Neurotrophic Factor (BDNF) • The neurotrophins has been known for decade

  47. Slide 47: ACD856 enhances neurotrophin signaling

    NeuroRestore® – positive allosteric modulator of Trk-receptors • ACD856 is a novel small molecule positive modulator of Trk- receptors enhancing the signaling of neurotrophins such as NGF and BDNF • The enhanced signaling leads to short term symptomatic effects with long term benefits • The long-ter

  48. Slide 48: In vitro and in vivo effects

    NeuroRestore® – positive allosteric modulator of Trk-receptors • In vitro − Protection against amyloid-beta induced neurotoxicity − Potentiation of neuronal growth and neurite outgrowth − Increased levels of BDNF • In vivo − Improved memory possibly through increased neuroplasticity − Long term anti

  49. Slide 49: Symptomatic and disease-modifying therapy

    NeuroRestore® – positive allosteric modulator of Trk-receptors • Key pathological features of the Alzheimer’s disease brain: - Amyloid plaque - Synapse dysfunction - Axon withdrawal Symptomatic & disease- modifying therapy - Mitochondrial dysfunction • These events are closely correlated with the co

  50. Slide 50: The life and death of a neuron

    The life and death of a neuron Healthy Spine Synaptic Neurite Neuronal cell neuron degeneration dysfunction degeneration death Amyloid-beta aggregates Amyloid- plaque Dendrites Spines Axon Neurites Synaptic dysfunction Neuroprotective effects of ACD856 Neurite degeneration Neuronal function Neuronal

  51. Slide 51: ACD856 protective against Ab1-42 neurotoxicity

    NeuroRestore® – positive allosteric modulator of Trk-receptors • Vehicle (DMSO) or Ab1-42 was added to neurons, with or without ACD856 • The neuronal content of a synaptic protein (SNAP25) was quantified by microscopy ACD856 + Ab1-42 Ab1-42 51 ACD856 is protective against Ab1-42-induced neurotoxicit

  52. Slide 52: In vitro and in vivo effects

    NeuroRestore® – positive allosteric modulator of Trk-receptors • In vitro − Protection against amyloid-beta induced neurotoxicity − Potentiation of neuronal growth and neurite outgrowth − Increased levels of BDNF • In vivo − Improved memory possibly through increased neuroplasticity − Long term anti

  53. Slide 53: ACD856 increases neuronal growth and neurite formation

    NeuroRestore® – positive allosteric modulator of Trk-receptors • Neurotrophins like NGF and BDNF are important for neurite outgrowth and neuronal proliferation • Effects of ACD856 on cell number and neurite outgrowth was studied in immature neuronal-like cells 40 Neurite total length per neuron ✱ ✱✱

  54. Slide 54: In vitro and in vivo effects

    NeuroRestore® – positive allosteric modulator of Trk-receptors • In vitro − Protection against amyloid-beta induced neurotoxicity − Potentiation of neuronal growth and neurite outgrowth − Increased levels of BDNF • In vivo − Improved memory possibly through increased neuroplasticity − Long term anti

  55. Slide 55: BDNF and Alzheimer's disease

    NeuroRestore® – positive allosteric modulator of Trk-receptors • BDNF stimulates neuroplasticity and synaptic function • BDNF levels are increased in an activity-dependent manner. Exercise increase BDNF levels and it is believed to be one of the reasons for well-being after training • Several lines

  56. Slide 56: ACD856 increases BDNF levels

    NeuroRestore® – positive allosteric modulator of Trk-receptors • Cortical neurons were incubated with ACD856 for 6 hours • Old animals were administered ACD856 once daily for 4 weeks BDNF levelsincrease ACD856 in corticalBDNF neurons ACD856 increase BDNF Mean of individual experiment (n=4 +/- SD) le

  57. Slide 57: In vitro and in vivo effects

    NeuroRestore® – positive allosteric modulator of Trk-receptors • In vitro − Protection against amyloid-beta induced neurotoxicity − Potentiation of neuronal growth and neurite outgrowth − Increased levels of BDNF • In vivo − Improved memory possibly through increased neuroplasticity − Long term anti

  58. Slide 58: ACD856 improves age-induced memory impairment

    NeuroRestore® – positive allosteric modulator of Trk-receptors • Old animals were used to study effects of ACD856 on age-induced memory impairment • Two memory tests were performed at one or eleven days after a learning task Single dose ACD856 Learning Test 1 Test 2 Day 0 Day 1 Day 11 Memory test #1

  59. Slide 59: In vitro and in vivo effects

    NeuroRestore® – positive allosteric modulator of Trk-receptors • In vitro − Protection against amyloid-beta induced neurotoxicity − Potentiation of neuronal growth and neurite outgrowth − Increased levels of BDNF • In vivo − Improved memory possibly through increased neuroplasticity − Long term anti

  60. Slide 60: Sustained antidepressant-like effect

    NeuroRestore® – positive allosteric modulator of Trk-receptors • Mice were treated with ACD856 once daily for 5 days • ACD856 was tested for antidepression-like effect 3, 5 or 7 days after the last dose 360 Depression-like model using mice 320 Immobility time (s) 280 *** ** 240 200 160 120 80 40 0 k

  61. Slide 61: ACD856 effects summary

    NeuroRestore® – positive allosteric modulator of Trk-receptors ACD856: ✓ Protects against amyloid-beta induced neurotoxicity ✓ Enhance neurite outgrowth and neuronal proliferation ✓ Increase the levels of BDNF in cortical neurons and in brains of aged mice ✓ Improves memory impairment, presumably vi

  62. Slide 62: New potential use of ACD856

    NeuroRestore® – positive allosteric modulator of Trk-receptors • The preclinical data suggest a new potential use of ACD856 • The effect of ACD856 on BDNF levels are very encouraging and supports that ACD856 can improve learning and memory in multiple ways • Neuroprotective and neurorestorative effe

  63. Slide 63: Team and collaborators

    • Team at Alzecure Pharma • Karolinska Institutet − Cristina Parrado − Prof. Bengt Winblad − Gunnar Nordvall − Prof. Maria Eriksdotter − Maria Backlund − Assoc. Prof. Sumonto Mitra − Veronica Lidell − Azita Rasti − Sanja Juric − Märta Dahlström − Magnus Halldin − Johan Sandin Some of the artwork wer

  64. Slide 64: AlzeCure Pharma AB

    AlzeCure Pharma AB Karolinska Institutet Novum Science Park Hälsovägen 7, 141 57 Stockholm Sweden www.alzecurepharma.com info@alzecurepharma.com

  65. Slide 65: Q&A session

  66. Slide 66: Panel participants

    EXPERIENCES Bengt › Professor in Geriatrics and Aging at Karolinska Institute (KI) Winblad › Education: MD, PhDs from Umeå University MD, Ph.D. Professor at KI › Research focus on treatment & care of dementia with focus on Alzheimer's Johan Sandin › Expert in in vivo Pharmacology with 16 years exper

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  68. Slide 68: Concluding remarks

    • Increased interest and activity level in the Alzheimer’s field - both with regard to investors and new pharma companies entering the area • Anti-bodies are very promising, slowing the disease progression, - but not curing the disease or increasing patient’s cognition • => Huge need for new more ef

  69. Slide 69: AlzeCure Pharma AB

    AlzeCure Pharma AB Karolinska Institutet Novum Science Park Hälsovägen 7, 141 57 Stockholm Sweden www.alzecurepharma.com info@alzecurepharma.com

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