Clinical results of OPT-302 (VEGF-C/D ‘Trap’) Combination … · 2019-12-20 · Clinical...

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Clinical results of OPT-302 (VEGF-C/D ‘Trap’) Combination Treatment in nAMD and DME Ophthalmology Innovation Summit @ AAO, October 25 2018 Megan Baldwin PhD, CEO & Managing Director

Transcript of Clinical results of OPT-302 (VEGF-C/D ‘Trap’) Combination … · 2019-12-20 · Clinical...

Page 1: Clinical results of OPT-302 (VEGF-C/D ‘Trap’) Combination … · 2019-12-20 · Clinical results of OPT-302 (VEGF-C/D ‘Trap’) Combination Treatment in nAMDand DME Ophthalmology

Clinical results of OPT-302 (VEGF-C/D ‘Trap’) Combination Treatment in nAMD and DME

Ophthalmology Innovation Summit @ AAO, October 25 2018Megan Baldwin PhD, CEO & Managing Director

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Investment in Opthea Limited (‘Opthea’) is subject to investment risk, including possible loss of income andcapital invested. Neither Opthea nor any other member company of the Opthea Group guarantees anyparticular rate of return or performance, nor do they guarantee the repayment of capital.

This presentation is not an offer or invitation for subscription or purchase of or a recommendation of securities.It does not take into account the investment objectives, financial situation and particular needs of the investor.Before making any investment in Opthea, the investor or prospective investor should consider whether such aninvestment is appropriate to their particular investment needs, objectives and financial circumstances andconsult an investment advisor if necessary.

This presentation may contain forward-looking statements regarding the potential of the Company’s projects andinterests and the development and therapeutic potential of the company’s research and development. Anystatement describing a goal, expectation, intention or belief of the company is a forward-looking statement andshould be considered an at-risk statement. Such statements are subject to certain risks and uncertainties,particularly those inherent in the process of discovering, developing and commercialising drugs that are safe andeffective for use as human therapeutics and the financing of such activities. There is no guarantee that theCompany’s research and development projects and interests (where applicable) will receive regulatory approvalsor prove to be commercially successful in the future. Actual results of further research could differ from thoseprojected or detailed in this presentation. As a result, you are cautioned not to rely on forward-lookingstatements. Consideration should be given to these and other risks concerning research and developmentprograms referred to in this presentation.

Disclaimer

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OPT-302InhibitsVEGF-CandVEGF-D

VEGFR-1 VEGFR-2 VEGFR-3

Ig-likedomain PathwayblockedbyOPT-302KinasedomainLigand

Aflibercept

AngiogenesisVascular Permeability

VEGF-BPlGF

VEGF-A

Ranibizumab

AngiogenesisLymphangiogenesis

VEGF-CVEGF-D OPT-302 66%

5.37

6.91

8.91

0.00

1.00

2.00

3.00

4.00

5.00

6.00

7.00

8.00

9.00

10.00

Baseline 1m 2m

Aque

ousH

umor

VEGF

-C(p

g/ml)

BevacizumabBevacizumab

NeovascularAMD1

1 ARVO(AssociationforResearchinVision&Ophthalmology)AnnualMeeting2016,Cabraletal.,Program3341,PosterD01443

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AnUnmetMedicalNeedfornAMD &DME

Donotachievesignificantvisiongains>50%

Willcontinuetohavefluidatthebackoftheeye

Willhavefurthervisionlossat12months

Opportunity:NewProductsthatImproveEfficacyandDurability

nAMD

*Basedonrandomised,controlledclinicaltrialdata;#Failtoachieve≥2linesimprovementinBCVA;^SD-OCTCST≥300µMor Time-DomainOCTCST≥250µM

2/3

25%

Donotachievesignificantvisiongains#

Continuetohavemaculathickening/swelling^DME

2/3

25%

DespitereceivingaVEGF-Ainhibitor(Ranibizumab,AfliberceptorBevacizumab)*:

4

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OPT-302• PotentinhibitorofVEGF-C(~5pM)andVEGF-D

(~0.5nM)• A‘trap’thatblocksVEGF-CandVEGF-D

bindingtothereceptorsVEGFR-2andVEGFR-3

VEGF

-C/D

VEGF

-C/D

hIgG1Fc

Extra-CellularDomains1-3hVEGFR-3 1.0

10.0

100.0

0 24 48 72 96 120 144 168 192 216 240 264 288 312 336

OPT-302 Monotherapy (2 mg)

Combination OPT-302 (2 mg) + Ranibizumab (0.5 mg)

MeanOPT-302serumconcentrations

Time (hours)

Mea

n (+

SD) O

PT-3

02 S

erum

C

once

ntra

tions

(ng/

mL)

• Non-compartmentalOPT-302PKanalysisindicated:• Lowsystemicexposure• Half-lifeof8± 2days• Mean Cmax of~21ng/mLat~31hourspostIVT

injectionatadoseof2mg• Noaccumulation• NoinfluencefromranibizumabonthePKprofile.

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6• Comprises of 4 treatment cohorts of 5 subjects each *Access to rescue anti-VEGF-A Tx

OPT-302 (0.3 mg) + Ranibizumab (0.5 mg)

IVT Q4W x 3

OPT-302 (1 mg) + Ranibizumab (0.5 mg)

IVT Q4W x 3

OPT-302 (2 mg) + Ranibizumab (0.5 mg)

IVT Q4W x 3

28 D

ay D

LT w

indo

w

OPT-302 (2 mg)Monotherapy*IVT Q4W x 3

Cohort 4

Cohort 3

Cohort 2

Cohort 1

Part 1: Dose-escalation(Open-label)

Prim

ary

Ana

lysi

s af

ter a

llsu

bjec

ts c

ompl

ete

12 w

eeks

Long

term

follo

w-u

p at

Wee

k 24

Follo

w-u

p to

wee

k 12

OPT-302 (2 mg)+ Ranibizumab (0.5 mg)IVT Q4W x 3, n=23 pts

OPT-302 (2 mg)Monotherapy*

IVT Q4W x 3, n=8 pts

Part 2: Dose-expansion(Randomised 3:1)

ClinTrials Identifier NCT 02543229

OPT-302Phase1/2aFirst-in-HumanStudyinNeovascularAMD(n=51)

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OPT-302+/- Ranibizumab- Phase1/2aSafetySummaryOPT-302+ LucentisadministeredbyrepeatIVTinjection(Baseline,Week4,Week8)

• Nomisseddoses,safetyexperiencewith~150intravitreal(ocular)injectionsofOPT-302

OPT-302atoculardosesupto2mg+ Lucentis (0.5mg):

• Nodoselimitingtoxicities(MTDwasnotreached)

• Nodrug-relatedseriousadverseeventsorsystemicadverseevents

MajorityofocularemergentadverseeventsprimarilyrelatedtoIVTinjectionprocedure

• (31/51patients;59%);majorityGrade1/MildorGrade2/ModerateandManageable

Twopatients(4%)hadocularadverseeventsrelatedtoOPT-302studydrug

• AEswereGrade1/Mildinflammationindicativeofanterioruveitisinthelow- andmid-dosecombinationgroups

• NoOPT-302relatedAEsobservedinthehighdose(2mg)combinationormonotherapytreatedpatients(n=41)

NoclinicallysignificantchangesinIOP,ECG’s,bloodpressure,vitals

NoevidenceofOPT-302-relatedimmunogenicity

OPT-302hasconsistentlydemonstratedafavourable safetyprofile+/- ranibizumab7

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MeanChangeVAfromBaseline(letters)

MeanBaselineVA=55.7LettersRanibizumabrescuetherapyavailableweek2throughweek12atinvestigatordiscretionorifpatientsmetpre-definedcriteria:<10%decreaseinCSTand≥5letterlossofBCVA

0

2

4

6

Vis

ual

Ac

uit

y(M

ea

n C

ha

ng

e f

rom

Ba

se

lin

e)

A ll M o no T x

N o n -R e s c u e

B a s e lin e W e e k 4 W e e k 8 W e e k 1 2

R e s c u e

MeanChangeinVisualAcuity• Ofthe13patientswhoreceivedOPT-302monotherapytreatment:

• 7/13(54%)didnotreceiveanti-VEGF-Arescuetherapythroughweek12

• Anadditional5/13(38%)receivedonly1rescueinjectionthroughweek12

• Onesubject(8%)received2rescueinjections.

• Themeantimetorescuetherapywas58days.

• Useofrescuetherapyin4/6caseswasbasedonInvestigatordiscretion

+4.4letters

+2.8letters

EvidenceofbiologicalactivityinpatientstreatedwithintravitrealOPT-302(2mg)monotherapy

+5.6letters

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GainsinVisualAcuityandReducedRetinalThicknessinPatientswithOPT-302+RanibizumabTherapyChangeinmeanBCVA

+10.8 letters

+ 4.9 letters

TreatmentNaïvePatients:n=18;OPT-302(0.3,2.0mg)+ranibizumab (0.5mg)MeanBaselineVA=56.5Letters

0

5

10

15

0 4 8 12Time(weeks)

Changefrom

baselineinVisu

alAcuity

(ETD

RSLetters) Naïvepts(n=18)

Priortreatedpts(n=20)

Prior-TreatedPatients:n=20(wk 4,8),19(wk 12);OPT-302(0.3-2.0mg)+ranbizumab (0.5mg)MeanBaselineVA=64.5Letters;Meannumberprioranti-VEGF-Ainjections =17

ChangeinmeanCentralSubfieldThickness

-54 µM

-119 µM

-160

-140

-120

-100

-80

-60

-40

-20

00 2 4 6 8 10 12

Changefrom

baselineinCST(µ

M)

Time(weeks)

Naïvepts(n=18)Priortreatedpts(n=20)

Error Bars: SEM

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0

1

2

3

4

5

6

7

8

9

Baseline Week4 Week12

ReductioninCNVSizeonFACN

VSize(m

m2 )

7.71

3.74

2.03

OPT-302+Ranibizumab OPT-302+Ranibizumab

0

10

20

30

40

50

60

Baseline Week4 Week12

%PatientswithAbsentCNVonFA

%Patientsw

ithAbsen

tCNVon

FA

5.6%*

27.8%

50%

ReductionsinCNVinTreatment-NaïvePatientswithOPT-302+RanibizumabTherapy

TreatmentNaïvePatients:n=18;OPT-302(0.3,2.0mg)+ranibizumab(0.5mg);*AbsentonFA,presentonOCT

CNV:ChoroidalNeovascularisation

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OPT-302+/- RanibizumabPhase2bTrialinTreatment-NaïvenAMD (n=351)

Randomized 1:1:1 to treatment armsIVT dosing at every 4 weeks (x 6)

Treatment-NaiveNeovascular AMD

OPT-302 (2 mg) + Ranibizumab (0.5 mg)

OPT-302 (0.5 mg) + Ranibizumab (0.5 mg)

Sham + Ranibizumab (0.5 mg)

Wee

k 24

Fol

low

-up

n=117

n=117

n=117

• Currentlyenrolling• Primarydataanalysisearly2020

ClinTrials Identifier NCT 0334508211

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VEGF-CanditsinteractionwithVEGFR-2andVEGFR-3playsafunctionalroleinpathogenesisofDME:• OPT-302hasshownevidenceofactivitytoresolveretinalfluid1

• VEGFR-2expressionisgreaterindiabeticretinathannon-diabetics2,3,4

• VEGF-Ciselevatedindiabeticretinopathy4

• VitreouslevelsofVEGF-Dareelevatedindiabetes5

• VEGF-Cexpressioniselevatedbyglucose&pro-inflammatorycytokines6,7

• InhibitionofVEGF-CandVEGF-Dinadiposetissueofmiceimprovesmetabolicparametersandinsulinsensitivity8,9

• AdvancedglycationendproductsaccumulatefasterindiabeticsandstimulateVEGF-CexpressionandsecretionfromtheRPE6

• Singlenucleotidepolymorphisms(SNPs)indiabeticpatientsindicatethatgeneticvariationintheVEGF-Cgeneisassociatedwithdiabeticretinopathyanddiabeticmacularedema 10

1.Phase1/2aOPT-302trialresults:www.opthea.com;2.Sunetal.,2014;3.Witmeretal.,2002;4.Zhaoetal.,2007;5.Kovacsetal.,2015;6.Puddu etal.,2012;7.Nagineni etal.,2011;8.Karaman etal.,2014;9.Karaman etal.,2016;10.Kaidonis etal.,2015

OPT-302MechanismofActionSupportsInvestigationinDME

VEGF-C/DSignalingPathwayisImplicatedinDiabetes

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Phase1bDoseEscalationstudyofOPT-302+AfliberceptinDME

N=

14 D

ay D

LT w

indo

w

Cohort 3

Cohort 2

Cohort 1

Phase 1b Dose-Escalation

Prim

aryAn

alysisafterall

subjectsco

mplete12weeks

PRN

ant

i-VEG

F-A

Wee

k 12

to 2

4

Follo

w-u

p to

wee

k 12

Phase 2a Dose-Expansion(Randomised 2:1 ratio)

OPT-302 (0.3 mg)+ Aflibercept (2.0 mg)

IVT Q4W x 3, n=3 ClinTrialsIdentifier NCT 03397264

• HbA1c≥12%• Uncontrolledhypertension≥180mmHgsystolicor

≥110mmHgdiastolic• EyesneedingPRPwithin3monthsofscreening• Concurrent/prioruseofintravitrealinjectionsof

steroidswithin4monthsofstudystart• Concurrent/prioruseofdexamethasoneor

fluocinoloneimplantinstudyeye

KeyExclusionCriteria

OPT-302 (1.0 mg)+ Aflibercept (2.0 mg)

IVT Q4W x 3, n=3

OPT-302 (2.0 mg)+ Aflibercept (2.0 mg)

IVT Q4W x 3, n=3

OPT-302 (2.0 mg)+ Aflibercept (2.0 mg)

IVT Q4W x 3, n=~72 pts

Aflibercept (2.0 mg)IVT Q4W x 3, n=~36 pts

N=9 patients

KeyInclusionCriteria• Age≥18years;centre-involvingDME• CST≥335µm*• BCVA73– 24ETDRSletters(20/40– 20/320Snellen• Priorexposuretoanti-VEGF-Atherapywithsub-optimal

therapeuticresponse• ≥3intravitrealinjections• Lastinjection≤6wks priortostudyday1• PriorbevacizumabonlyallowedifswitchedtoIVTafliberceptor

ranibizumabpriortostudy

*CSTasmeasuredbySpectralis (Heidelberg)atscreening,≥320µmforCirrus.13

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BaselineOcularCharacteristics– PriorTreated

CharacteristicOPT-302(0.3 mg)+Aflibercept(2.0mg)

(n=3)

OPT-302(1 mg)+Aflibercept(2.0mg)

(n=3)

OPT-302(2 mg)+Aflibercept(2.0mg)

(n=3)

TotalNumberofSubjects(N=9)

Vision

MeanBCVA,ETDRSletters(SD) 64.3(9) 64.6(5) 66.7(3.1) 65(5.5)Betterthan55lettersvision,n(%) 3(100%) 3(100%) 3(100%) 9(100%)Worsethan55lettersvision,n(%) 0(0%) 0(0%) 0(0%) 0(0%)

AnatomicMeanCST,µm(SD) 460(103) 396(42) 432(24) 430(63)CST≤450µm,n(%) 1(33%) 3(100%) 2(67%) 6(67%)CST≥450µm,n(%) 2(67%) 0(0%) 1(33%) 3(33%)

Meandurationofdiabetesatscreening,years(SD) 14(7.9) 17.3(13) 10.9(12.6) 14.1(10.3)

Meanpriorintravitrealinjectionsofanti-VEGF-Atherapy,number(SD) 5(2.6) 7.3(2.5) 6.7(2.3) 6.3(2.4)

MeantimefrompriorTxtoday1,days 42(0) 33.7(7.2) 31(4.4) 35.6(6.5)MeanHbA1c*,%(SD) 7.5(2.4) 7.1(0.3) 7.4(1.4) 7.3(1.4)

*HbA1c=glycatedhemoglobin14

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OPT-302+AfliberceptSafetyResults• OPT-302(0.3,1or2mg)+ aflibercept(2mg)administeredbyIVTinjection(Baseline,Week4,Week8)

• OPT-302intravitrealdosesupto2mgincombinationwithaflibercept(2mg)

• Nodoselimitingtoxicities(MaximumToleratedDosenotreached)

• Nostudydrugrelatedadverseevents

• OcularAEsinthestudyeyeprimarilyrelatedtoIVTinjectionprocedure(Mild/moderate,resolved)

• NoclinicallysignificantchangesinIOP,ECG’s,orvitals.

• OPT-302wasgenerallysafeandwelltolerated+aflibercept

OPT-302hasafavorablesafetyprofilewhenadministeredwithaflibercept(DME)expandinguponsimilarresultswhengivenasmonotherapyorincombinationwithranibizumab(wetAMD)

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OPT-302+Aflibercept– SafetySummaryofselectedAEsSelectedAdverseEvents:

OcularorSystemicOPT-302(0.3 mg)+Aflibercept(2.0mg)

(n=3)

OPT-302(1 mg)+Aflibercept(2.0mg)

(n=3)

OPT-302(2 mg)+Aflibercept(2.0mg)

(n=3)

TotalNumberofSubjects(N=9)

Intraocularinflammation 0 0 0 0Endophthalmitis 0 0 0 0Retinaldetachment 0 0 0 0Vitreoushemorrhage 0 0 0 0Hypertension 1(33%)* 0 0 1(11%)*

APTCevents#

Nonfatalmyocardialinfarction 0 0 0 0Nonfatalstroke 0 0 0 0Vascularorcardiacdeathordeathofunknowncause 0 0 0 0CombinedAPTCevents 0 0 0 0

Anyotherdeath 0 0 0 0

IOP,mmHg:Baseline,week12;(changefrombaseline) 13.0;15.7(2.7) 17.3;15.3(-2.0) 16.7;17.0(0.3) 15.7;16.0(0.3)

• Nosafetysignalsorunexpectedfindings#APTC=AntiplateletTrialists'Collaboration*Determinedbytreatinginvestigatorasunrelatedtostudydrug(s)16

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DoseResponseinBCVAchangesfromBaselinetoWeek12

+ 14.3

Mea

n C

hang

e fr

om b

asel

ine

in B

CVA

(Let

ters

)

Week

+ 3.0

-5

0

5

10

15

20

0 2 4 8 12

+ 5.7

Aflibercept (2 mg) + OPT-302

2 mg

1 mg

0.3 mg

MeanChangeinBCVABaselinetoWeek12

Error Bars: SEM17

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OPT-302+Aflibercept:GainsinBCVAatWeek12DoseResponseRelationship

Dose of OPT-302 + Aflibercept

(2 mg)

% of pts with BCVA gain≥ 5 letters

Mean # prior anti-VEGF-A

injections0.3 mg 1/3 (33%) 5

1 mg 2/3 (67%) 7.32 mg 3/3 (100%) 6.7

0.3 to 2 mg 6/9 (67%) 6.3

0

5

1 0

1 5

2 0

Mea

n C

hang

e fr

om b

asel

ine

in B

CVA

(Let

ters

)

0.3 mgOPT-302

1 mgOPT-302

2 mgOPT-302

0.3 - 2 mgOPT-302

+ 2 mg Aflibercept

(N=9)(N=3)(N=3) (N=3)

+7.7

+14.3

+3.0+5.7

Error Bars: SEM18

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OPT-302(0.3-2mg)+Aflibercept(2mg):MeanchangesinCSTfromBaselinetoWeek12

Mea

n C

hang

e fr

om B

asel

ine

in

CST

on

SD-O

CT

(µm

)

Week

- 77 µM-100

-80

-60

-40

-20

0

20

0 2 4 8 12

Error Bars: SEM; Mean Baseline CST = 430 µm19

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DMEPatientswithBilateralDisease*StudyEyevsFellowEye(N=5)

MeanChangeinBCVABaselinetoWeek12

Mea

n C

hang

e B

CVA

(Let

ters

)

OPT-302 + Aflibercept

Anti-VEGF-A Monotherapy

+10.0

+2.6

MeanChangeinCST(uM)BaselinetoWeek12

Mea

n C

hang

e C

ST (µ

M)

Anti-VEGF-A Monotherapy

OPT-302 + Aflibercept

-90 µM

-6.0 µM

Perc

enta

ge P

atie

nts

%Ptswith≥50%ReductioninExcessFovealThickness

OPT-302 + Aflibercept

Anti-VEGF-A Monotherapy

80%

20%

Study Eye: 0.3 – 2mg OPT-302 + 2 mg Aflibercept Fellow Eye: Anti-VEGF-A Monotherapy*

*PatientswithbilateraldiseaseandpersistentDMEinthefelloweyereceivinganti-VEGF-A(ranibizumaboraflibercept)monotherapyPrioranti-VEGF-AtherapyinFellowEyesBLtoWk 12:3xAflibercept,3xRanibizumab,1xRanibizumab,4xRanibizumab,3xAflibercept

Meanbaseline BCVA,CST:StudyEyes (63letters,437µM);FellowEye(73letters,383µM)#Excessfovealthicknesswasdeterminedbyusing300µmSpectralis scanvaluesand285µmCirrusscanvalues20

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Phase2aRandomisedDoseExpansionstudyofOPT-302+AfliberceptinPersistentDME

14 D

ay D

LT w

indo

w

Cohort 3

Cohort 2

Cohort 1

Phase 1b Dose-Escalation

Prim

aryAn

alysisafterall

subjectsco

mplete12weeks

PRN

ant

i-VEG

F-A

Wee

k 12

to 2

4

Follo

w-u

p to

wee

k 12

Phase 2a Dose-Expansion(Randomised 2:1 ratio)

OPT-302 (0.3 mg)+ Aflibercept (2.0 mg)

IVT Q4W x 3, n=3 ClinTrialsIdentifier NCT 03397264

OPT-302 (1.0 mg)+ Aflibercept (2.0 mg)

IVT Q4W x 3, n=3

OPT-302 (2.0 mg)+ Aflibercept (2.0 mg)

IVT Q4W x 3, n=3

OPT-302 (2.0 mg)+ Aflibercept (2.0 mg)

IVT Q4W x 3, n=~72 pts

Aflibercept (2.0 mg)IVT Q4W x 3, n=~36 pts

• Phase2acurrentlyenrollingpatientsinUSandAustralia• Primarydataanalysis2019

21

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OPT-302Target:VEGF-C/D

OPT-302Target:VEGF-C/D

OPT-302Target:VEGF-C/D

DiabeticMacularEdema

NeovascularAMDPhase1

CombinationAgent Preclinical Phase2a Phase2b Phase3 Status

1o DataAnalysis

RanibizumabTarget:VEGF-A

RanibizumabTarget:VEGF-A

AfliberceptTarget:VEGF-A,PlGF,VEGF-B

CompletePh1/2a(n=51) April2017

OngoingPh2b(n=351) Early2020

OngoingPh1b/2a(n=117) 2019

OPT-302ClinicalProgram

• TwoongoingrandomisedcontrolledclinicaltrialsinnAMD &DME

22

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• CurrenttreatmentstargetprimarilyVEGF-A;OPT-302inhibitsVEGF-C/D• ThesuccessfuldoseescalationofOPT-302incombinationwithafliberceptinDMEbuildsuponthesimilarfavourablesafetyprofileincombinationwithranibizumabinnAMD

• EvidenceofadoseresponseforOPT-302combinationtreatmentongainsinBCVAinpersistentDME,togetherwithbiologicalresponsesonanatomicmeasuresinnAMDandDMEindicatesthatPan-VEGF(A,CandD)inhibitionmayofferbenefitsthatexceedtheinhibitionofVEGF-Aalone

• CurrentlyrecruitingpatientsintwoPhase2multi-center internationaltrials:• ~108patientrandomisedcontrolledPhase2atrialinDME• 351patientrandomisedcontrolledPhase2btrialinnAMD

• Primarydatareadouts2019(DME)andearly2020(nAMD)

Conclusion

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MeganBaldwin,PhDCEO&ManagingDirectorT+61(3)[email protected]

Suite0403,Level4,650ChapelStreet,SouthYarra 3141VictoriaAustralia