R&D Day - Theratech · R&D Day 2 Agenda Time Topic Presenter 12:00 Introduction Luc Tanguay...
Transcript of R&D Day - Theratech · R&D Day 2 Agenda Time Topic Presenter 12:00 Introduction Luc Tanguay...
R&D Day
Nasdaq MarketSite, New York
October 23, 2019
R&D Day
2
Agenda
Time Topic Presenter
12:00 Introduction Luc Tanguay
President and CEO, Theratechnologies
12:10 NAFLD/NASH – HIV Dr. Steven Grinspoon
Harvard Medical School
12:40 NASH – HIV: Review Christian Marsolais, PhD
Senior VP and CMO, Theratechnologies
12:50 Q&A : NASH – HIV Philippe Dubuc
Senior VP and CFO, Theratechnologies
13:00 Oncology Platform Richard Béliveau, PhD in Biochemistry
Université du Québec à Montréal
13:30 Oncology Platform: Review Christian Marsolais
13:40 Q&A Philippe Dubuc
13:55 Closing Comments/Adjournment Luc Tanguay
FORWARD-LOOKING INFORMATION
3
The following presentation contains statements that are considered forward-looking information (“FLI”) within themeaning of securities regulation.
The FLI in this presentation relates to future events or our future performance. The FLI are based on a number ofassumptions and are associated with a number of risks, uncertainties and other unknown factors that may causeour actual results, levels of activity, performance or achievements to be materially different from those implied bythe FLI. Such FLI reflects our current views with respect to future events and is given as at October 23, 2019. Weundertake no obligation and do not intend to update or revise the FLI contained in this presentation, except asrequired by law.
Certain assumptions made in preparing the FLI include, but are not limited to, the following: (1) sale of EGRIFTA®
and Trogarzo® will continue to grow over time; (2) the long-term use of EGRIFTA® and Trogarzo® will not changetheir known safety and efficacy profile; (3) EGRIFTA SVTM will be commercially available in the United States in thenext few weeks; (4) our relations with our suppliers of services will be conflict free; (5) data on the potential marketsize for multidrug resistant HIV-1 and NASH-HIV patients are accurate; (6) Trogarzo® will be reimbursed inEurope; (7) the bioequivalence study of the IV slow push formulation for Trogarzo® will be successful; (8) thedevelopment of EGRIFTA® for the treatment of NASH-HIV patients will be successful; (9) the research anddevelopment work conducted on our oncology platform will yield positive results; (10) our current and futureincome will be sufficient to fund our business plan; and (11) our strategies and business plan will not besubstantially modified.
The FLI in our presentations may not materialize; accordingly, investors should not place undue reliance on it. Werefer you to the “Risk Factors” section of our Annual Information Form dated February 20, 2019 available atwww.sedar.com, at www.theratech.com and as an exhibit to our Form 40-F available at www.sec.gov for adescription of the risks related to the conduct of our business.
EGRIFTA and EGRIFTA SV is a trademarks of Theratechnologies Inc.
Trogarzo is a registered trademark of TaiMed Biologics, Inc. under license to Theratechnologies Inc.
Corporate Overview
THERATECHNOLOGIES
5
• Founded in 1993
• Headquartered in Montreal, Canada
• Listed on NASDAQ (THTX) and on the Toronto Stock Exchange (TH)
• Commercial-stage biopharmaceutical company
• North American and European presence
• Focus on Patients with Special Medical Needs
At a glance
THERATECHNOLOGIES
6
Corporate and commercial structure
FUNCTIONS
Head office (Canada and Europe) 39
Sales team (U.S.) 36
Reimbursement team (U.S.) 8
Medical Science Liaison (U.S.) 8
Medical Science Liaison (Europe) 3
Call center (U.S.) 11
Laboratories (Canada) 5
Total 110
Product
Indication
(Potential Indication)
Phase of Development Expected
2020 MilestonesPreclinical Phase 1 Phase 2 Phase 3 Commercial
THERATECHNOLOGIES
7
Portfolio
Co
mm
erc
ial
EGRIFTA®HIV-associated
lipodystrophy
EGRIFTA SV™HIV-associated
lipodystrophy
Trogarzo® MDR HIV-1
Trogarzo® MDR HIV-1
Reimbursement
approval on a country
by country basis
Develo
pm
en
t
EGRIFTA F8™HIV-associated
lipodystrophyBioequivalence study
Tesamorelin F8 NASH-HIV Initiating Phase III
Trogarzo® IV
slow push and IMMDR HIV-1 Bioequivalence study
TH-1902Triple Negative Breast
Cancer (TNBC)Initiating Ph 1
TH-1904 Ovarian Cancer Initiating Ph 1
Approved in E.U.
Commercialized in US and Canada
Commercialized in the US
Commercialized in U.S
Our Approved Products
8
• EGRIFTA® (tesamorelin for injection)
• Only treatment approved for HIV-associated lipodystrophy
• New formulation to be launched before year-end
• Room temp, smaller needle, smaller injection volume
• Trogarzo® (ibalizumab-uiyk) injection
• Approved by the FDA on March 6, 2018
• Approved by the EMA on September 26, 2019
• Indicated for the treatment of patients with multidrug resistant HIV-1
Focusing on HIV niche markets
Consolidated Revenues (in 000 US$)
9
Quarterly revenues 2017-2019
0
2 000
4 000
6 000
8 000
10 000
12 000
14 000
16 000
18 000
Q1 Q2 Q3 Q4
2017 2018 2019
Product
Indication
(Potential Indication)
Phase of Development Expected
2020 MilestonesPreclinical Phase 1 Phase 2 Phase 3 Commercial
THERATECHNOLOGIES
10
Portfolio
Co
mm
erc
ial
EGRIFTA®HIV-associated
lipodystrophy
EGRIFTA SV™HIV-associated
lipodystrophy
Trogarzo® MDR HIV-1
Trogarzo® MDR HIV-1
Reimbursement
approval on a country
by country basis
Develo
pm
en
t
EGRIFTA F8™HIV-associated
lipodystrophyBioequivalence study
Tesamorelin F8 NASH-HIV Initiating Phase III
Trogarzo® IV
slow push and IMMDR HIV-1 Bioequivalence study
TH-1902Triple Negative Breast
Cancer (TNBC)Initiating Ph 1
TH-1904 Ovarian Cancer Initiating Ph 1
Approved in E.U.
Commercialized in US and Canada
Approved in the US
Commercialized in U.S
Product
Indication
(Potential Indication)
Phase of Development Expected
2020 MilestonesPreclinical Phase 1 Phase 2 Phase 3 Commercial
THERATECHNOLOGIES
11
Portfolio
Co
mm
erc
ial
Develo
pm
en
t Tesamorelin F8 NASH-HIV Initiating Phase III
TH-1902Triple Negative Breast
Cancer (TNBC)Initiating Ph 1
TH-1904 Ovarian Cancer Initiating Ph 1
Steven Grinspoon, M.D.Professor of MedicineHarvard Medical School
Steven Grinspoon, M.D.
13
• Professor of Medicine Harvard Medical School
• Chief, Metabolism Unit
• MGH Endowed Chair in Neuroendocrinology and Metabolism Director, Nutrition Obesity Research Center at Harvard
NAFLD – NASH in HIV
NAFLD/NASH: A Spectrum of Disease
15
Rinella, JAMA 2015
Courtesy of Dr. Steven Grinspoon
Prevalence in HIV in US
16
Prevalence: 35%
385,000 patients
Prevalence: 41%
451,000 patients
Prevalence: 21%
231,000 patients
NAFL NASH Fibrosis
Maurice et al., AIDS 2017; 31: 1621-1632
HIV Lipodystrophy
17
Brown, JCEM 2008
Joy, JAIDS 2008
Disproportionate Visceral Fat in HIV
Versus Controls with Similar BMI
Courtesy of Dr. Steven Grinspoon
Risk Factors in HIV for NAFLD/NASH
18
BMI
Waist circumference
Lipodystrophy
(Visceral Adipose Tissue
– VAT)
Diabetes /Glucose
Hypertension
Cholesterol
CD4 count
HCV co-infection
ART
ALT
AST
Maurice et al., AIDS 2017; 31: 1621-1632
Chalasani et al., 2007, 55(6); 2005-23
Coronel-Castillo, Exp Rev Gastro and Hepato, 2019,
Risk Factors for Fibrosis
19
HIV infection
(OR: 5.17)
Diabetes
(OR: 5.14)
Central obesity
(OR: 7.52)
Reduced HDL
cholesterol
(OR: 3.53)
BMI
(OR: 1.21)
Intrahepatic
triglyceride content
(OR: 1.10)
OR: Odd ratio
Lui et al., APT, 2016;44: 411-421
Leite and al., JIAPAIDS, 2015, 14 (5): 4663-68
Conclusion
20
• High prevalence of NAFLD/NASH in HIV population
• Visceral adipose tissue is a risk factor for NAFLD/NASH in HIV population
• HIV infection is a risk factor for development of fibrosis
• NAFLD/NASH is associated with significant comorbidities:
• CVD
• Diabetes
• All cause-mortality
Association between NAFLD/NASHand Growth Hormone
Relative GH Deficiency in HIV Lipodystrophy
22
Frequent Overnight Sampling GHRH-Arginine Stimulation Test
Rietschel et al, JCEM 2001
Koutkia et al, JCEM 2005
Low GH May Contribute to Hepatic Steatosis
in HIV
23
HIV Liver-Specific GHR KO Mice
*
*
*P < 0.05
Stanley et al, JAMA 2014
Liu et al, Diabetes 2016
Rationale for Use of GHRH vs GH
24
Hypothalamus
Somatostatin GHRH
Pituitary
GH
–
–
+–
++
Liver
IGF-1
Stomach
Ghrelin
Tesamorelin
25
• A minimally modified GHRH1-44 with trans 3-hexanoyl adduct on Tyr.
• Increases GH in a physiologic, pulsatile manner
Tesamorelin Reduces Visceral Fat in
Individuals with HIV and Abdominal Obesity
26
** P < 0.001 vs. placebo § P < 0.001 vs. baseline and vs. T-P
† P < 0.001 vs. baseline NEJM 2010, JCEM 2010
Tesamorelin Reduces Liver Fat in Individuals
with HIV and Abdominal Obesity
27
H2O
Lipid
1H MRS
Tesamorelin
(n = 28)
Placebo
(n = 22)
Age (years) 49 [46, 54] 53 [49, 58]
% Male 86 82
VAT (cm2) 208 ± 98 237 ± 127
SAT (cm2) 258 ± 116 256 ± 123
BMI (kg/m2) 28 [26, 33] 30 [27, 33]
Liver fat (%) 4.5 [2.0, 19.3] 6.2 [2.1, 20.6]Tesamorelin Placebo
-10
-5
0
5
Δ H
ep
ati
c L
ipid
-to
-Wate
r %
P = 0.004
Median, IQR
Stanley et al, JAMA 2014
Effect of Tesamorelin in NonalcoholicFatty Liver Disease in HIV:
A Randomized Trial
NAFLD/NASH Pharmacologic Pipeline
29
No therapies are currently FDA-approved
Connolly, J Clin Transl Hepatol 2018
Tesamorelin
Courtesy of Dr. Steven Grinspoon
Effect of Tesamorelin in HIV & NAFLD
30
Inclusion criteria
• Men and women 18-70 yrs
• HIV-infection and stable ART for ≥ 6 months
• Liver fat fraction ≥5% on MRS
• HCV antibody negative, or, if HCV antibody positive, successful therapy ≥1 year prior to baseline and undetectable HCV RNA.
• Females ≥50 yrs: negative mammogram within 1 year of baseline visit
• If use of Vitamin E ≥400 IU daily, stable dose for ≥6 months prior to study.
Effect of Tesamorelin in HIV & NAFLD
31
Exclusion criteria
• Heavy alcohol use defined as consumption (>20g daily for women or >30g daily for men)
• Use of insulin or thiazoledinediones (TZDs), or HbA1c ≥7%. Individuals with mild diabetes that is well-controlled with diet and/or oral anti-diabetic agents besides TZDs will be included. Use of oral anti-diabetics must have been stable for ≥6 months prior to study entry.
• Hepatitis B & active hepatitis C
• Known cirrhosis
• Fibrosis stage 4
• Chronic corticosteroid use except intermittent use of topical steroid creams
• Use of GH or GHRH within the past 1 year
• Active malignancy
Effect of Tesamorelin in HIV & NAFLD
32
Study design
Tesamorelin 2 mg SC daily
Open label Tesamorelin 2 mg
SC dailyPlacebo SC daily
Patients from 2 centers
(MGH and NIH)Randomization: 1:1
n=60
0 12 m 6 m
33
Editorial
Stanley, Fourman, The Lancet HIV 2019
Courtesy of Dr. Steven Grinspoon
Effect of Tesamorelin in HIV & NAFLD
34
Baseline characteristics
EGRIFTA® (n=31) PLACEBO (n=30)
Sex (N (%) Male) 24 (77.4%) 24 (80%)
Age (Y) 52 ± 8 54 ± 7
Duration of HIV infection 16 ± 9 18 ± 8
Current vitamin E use (N (%)) 2 (6.5%) 1 (3.3%)
Hepatic Fat (%) 12.9 ± 7.7 14.7 ± 9.0
NASH (N (%)) 10 (34.5%) 9 (31.0%)
Fibrosis (N (%)) 14 (48.3%) 11 (37.9%)
Stage 1 4 (13.8%) 5 (17.2%)
Stage 2 6 (20.7%) 4 (13.8%)
Stage 3 4 (13.8%) 2 (6.9%)
At baseline:
Mean HFF: 13.8 ± 8.4%
33% with histologic diagnosis of NASH
43% had fibrosis Stage 1 or higher
Effect of Tesamorelin on Hepatic Fat
35
Tesamorelin Placebo-8
-6
-4
-2
0
2
Ab
so
lute
ch
an
ge
in liv
er
fat, % P = 0.009
-0.0 ± 4.1
-4.7 ± 6.6
Tesamorelin Placebo-60
-40
-20
0
20
Re
lativ
e c
ha
ng
e in
liv
er
fat, % P = 0.02
-32 ± 54
5 ± 42
Tesamorelin Placebo0
10
20
30
40
He
pa
tic
ste
ato
sis
< 5
%
at 1
2 m
on
ths
P = 0.007
35
4
Mean ± SEM Courtesy of Dr. Steven Grinspoon
Effect of Tesamorelin on ALT in Participants
with ALT > 30 U/L at Baseline
36
Mean ± SEMCourtesy of Dr. Steven Grinspoon
Effect of Tesamorelin in HIV & NAFLD
37
Effect on fibrosis progession after 12 months of Tx
10,5
37,5
0
5
10
15
20
25
30
35
40
Fibrosis progression
Pe
rce
nta
ge
of p
atie
nts
(%
)
EGRIFTA Placebo
P=0.004
Effect of Tesamorelin in HIV & NAFLD
38
Effect on visceral adiposity and SAT after 12 months of Tx
-35
11
-40
-30
-20
-10
0
10
20
Visceral adiposity Subcutaneous fat
Tre
atm
en
t e
ffe
ct (c
m2
)
Tx effect:
-35 (-66, -4)
p=0.03
Tx effect:
11 (-19, 41)
p=0.46
Association of hepatic fat reduction with NAS
score improvement
39
• 29% decrease in liver fat is associated ≥ 2 point change in histological NAS score*
• Phase II results:
*Patel et al., Therapeutic Advances in Gastroenterology 2016 9;692-701
60%
16%
0%
10%
20%
30%
40%
50%
60%
70%
Patient with relative liver fat reduction of > 30%
Tesamorelin
Placebo
Effect of Tesamorelin in HIV & NAFLD
40
Effect on other parameters after 12 months of Tx
Tx effect P
ALT, U/L -7 (-15, 1) 0.09
GGT, U/L -19 (-13, 4) 0.10
IGF-1 117 (76, 157) < 0.0001
TG, mg/dL 23 (-7, 53) 0.12
HDL-C, mg/dL 3 (-1, 6) 0.17
LDL-C, mg/dL -5 (-21, 11) 0.54
CRP, mg/L -4.7 (-9.2, -0.2) 0.04
Tx effect P
Adiponectin, ng/mL 222 (-225, 669) 0.32
Fasting glucose, mg/dL 4 (-5, 13) 0.40
HbA1c, % 0.2 (-0.1, 0.5) 0.29
CD4+ T cells (cells/mm3) 17 (-60, 95) 0.65
CD8+ T cells (cells/mm3) -18 (-113, 77) 0.70
Log HIV viral load
(copies/mL)
0.18 (-0.25, 0.62) 0.41
Even though there was an expected increase of
IGF-1.
No subject had IGF-1 Z score over the pre-
specified dose reduction threshold (Z-score > 3).
Effect of Tesamorelin on Fasting Plasma
Glucose by Treatment Group
41
0 3 6 9 120
50
100
150
200
Months
Pla
sm
a g
luc
os
e (m
g/d
L) Tesamorelin
Placebo
Courtesy of Dr. Steven Grinspoon
Adverse Events by Treatment Group
42
Courtesy of Dr. Steven Grinspoon
Summary
43
• Low concentration of GH is associated with an increase of the visceral adipose tissue and liver fat (+fibrosis).
• In the HIV population, Tesamorelin
• Significantly decreases the liver fat
• Significantly decreases the fibrosis progression
• Already approved for visceral fat reduction in lipodystrophy, likely to also benefit the large number of HIV patients with NAFLD/NASH
• Tesamorelin has a good and well documented safety profile
HIV NASH Regulatory Strategy
Tesamorelin in HIV NAFLD/NASH –
Regulatory Strategy
45
• Drugs in development for NASH
• Have not included HIV patients
• Did not show conclusive results for this patient population
• Disease’s etiology is different from the general population due to HIV risk factors
• Tesamorelin safety profile is well established
• Impossible to conduct large trials to assess impact on Clinical Events in HIV
• Tesamorelin can address an unmet medical need
Tesamorelin in HIV NAFLD/NASH –
Regulatory Strategy
46
• FDA Guidelines:
• Identifying therapies that will slow the progress of, halt, or reverse NASH and NAFLD will address an unmet medical need
• Endpoints:
• Decrease in fibrosis of at least 1 with no negative impact on NASH
• Normalization of NASH score with no negative impact on fibrosis
Tesamorelin in HIV NAFLD/NASH –
Regulatory Strategy
47
• Clinical Phase III trial
• Patient population: presence of fibrosis with a score of at least 1 and NASH of 4 or more
• Endpoints:
• Normalization of liver fat (˂5%) with
• Delayed progression in fibrosis with no negative impact on NASH, or
• Delayed progression in NASH with no negative impact on fibrosis
• In Silico mathematical modeling of long term reduction of clinical events
Next Steps – Tesamorelin in HIV NAFLD/NASH
48
• Request for Type C meeting submitted to the FDA
• Request for Scientific Advice with EMA to be submitted at the beginning of November
• Complete Bioequivalence studies for F8 formulation
• Complete discussion with regulatory agencies
• Initiate Phase 3 program
Q&A NASH – HIV
TARGETED ONCOLOGYPLATFORM
Dr. Richard BéliveauProfessor Emeritus of BiochemistryUniversité du Québec à Montréal
Need for a new approach in cancer treatment
52
Chemotherapy is a key therapeutic approach to treat cancer, but it is limited by side effects:
• More than 95% anticancer drugs administered through classical chemotherapy is unfortunately taken up within healthy tissues, whereas only 2-5% effectively reaches tumors
First-line treatments
53
Chemotherapy drugs and side effects
Chemotherapy drugs
• Doxorubicin
• Pegylated liposomal doxorubicin
• Paclitaxel
• Nab-paclitaxel
• Capecitabine
• Gemcitabine
• Vinorelbine
• Cyclophosphamide
• Carboplatin
• Docetaxel
• Cisplatin
• Epirubicin
Common side effects
• Myelosuppression
• Neutropenia
• Nausea and vomiting
• Sore mouth and throat
• Alopecia
• Diarrhea
• Constipation
• Fatigue
• Loss of appetite
• Treatment-induced menopause
• Cognitive changes
• Nervous system damage
• Fertility problems
Targeted Oncology Platform
54
• New oncology platform
• Potential to link a number of different cytotoxic and other anticancer agents
• Lower risk program
• Peptide-Anticancer Drug Conjugates for targeted therapies
• Targeting Sortilin receptor (receptor overexpressed in cancer cells)
• Targets cancer cells with virtually no impact on normal cells
• Brings cytotoxics to the cancer cells without inducing neutropenia and other AEs, weight loss.
• Can lead to the development of a number of cancer drugs
Receptor-mediated Cancer Treatment
Why Sortilin as a new target in cancer therapy?
55
• Sortilin overexpression in tumors, compared to healthy tissue
• Clinical patients survival correlated with Sortilin expression
• Scavenger receptor involved in import-export of peptides: ideal candidate for drug internalization of peptide-drug conjugates
• Ligands with known sequences allow creation of an ideal synthetic ligand with drug conjugation capability
Discovery and role of Sortilin
56
Functions:
• Transmembrane scavenger receptor
• Involved in internalization and trafficking of ligands
from the plasma membrane, to the endocytic
pathway and to lysosomes for degradation
• Considered as one of the cells own shuttle system
In cancer:
• Receptor involved in cancer cell survival, invasion
and progression
• High Sortilin expression has been associated with
poor prognosis in different cancers
57
Sortilin’s role in cancer development
58
• Associated with cancer stem cells expansion
• Progranulin-induced breast cancer stem cell propagation in vivo
• Involved in intercellular communication
• Transfer of genetic and protein material to control angiogenesis
• Release and transfer of exosomes
• Regulates adaptive phenotypes in solid tumor
• Increased upon low oxygen tension
• Increased in metastases and local cancer cell infiltration
Treatment of Sortilin Positive Cancers
59
Sortilin expression in cancers
• Associated with ovarian and breast cancers aggressiveness:
• 90-100% of ovarian cancers
• 79% of invasive ductal breast cancer (60% in TNBC)
• Increased expression as a function tumor grade (I to IV)
• Other cancers expressing Sortilin:
• Endometrial (90%)
• Lung (65%)
• Melanoma (90-100%)
• Urothelial (70%)
• Colorectal (30%)
• Pancreatic (30%)
Classic Chemotherapy
60
Drug efflux
Doxorubicin Docetaxel MaytansineINTERSTITIUM
PLASMA
MEMBRANE
CYTOPLASM
MDR1
PASSIVE DIFFUSION
• Low specificity
• Many unwanted side effects
• Drug efflux by MDR1 leading to low drug concentrations
Theratechnologies’ Oncology Platform
61
A molecular Trojan horse
Receptor-mediated internalization
• High specificity
• Less side effects
• Bypasses MDR1 leading to high drug concentrations
Intracellular
Drug Release
Lysosomal
Degradation
Receptor
RecyclingInternalization
SORTILIN
Theratechnologies peptide conjugates
Binding Endocytic-Vesicle
Formation
MDR1
Treatment of Sortilin Positive Cancers
62
• First-in-class peptide family
• 17 AA linear synthetic peptide specific for Sortilin
• Conjugation cytotoxics at selected drug-peptide ratio
• Combination treatment with other pharmacological approaches
Cleavable linker: DMG
(dimethyl-glutaryl)
Peptide
Drug
(Doxorubicin)
Doxorubicin-Theratechnologies peptide conjugate (TH1904)
TH1904: Doxorubicin conjugate in Ovarian Cancer
64
Cancer Incidence Mortality Rate (%)
Breast 1 384 155 275 008 20
Uterus 288 387 73 854 26
Cervix 530 232 224 747 42
Ovary 224 747 140 163 62
Incidence of Major Cancers in Women
(worldwide)
Ovarian cancer
65
SORTILIN Expression in Human Ovarian Cancers by IHC
Healthy ovary Primary ovarian cancer Ovarian metastasis Healthy ovary Primary ovarian cancer Ovarian metastasis
In Vivo Validation
66
Preferential tumor targeting
TH1904 (Ovarian Cancer)
Ovarian tumor vs healthy ovary
Healthy Ovary Tumor0
1000
2000
3000
4000
5000
6000
7000
8000
Doxorubicin
DoxKA
Tissues
Accu
mu
latio
n (n
g/g
of t
issu
e) • High accumulation in ovarian tumor
• Low accumulation in healthy ovary tissueTH1904
In Vitro Characterization and Validation
67
Bypass MDR efflux pump
TH1904 (Ovarian Cancer)
• In contrast to Doxorubicin, TH1904 is unaffected by the MDR inhibitor Cyclosporin A (CsA)
• Bypassing MDR1 efflux pump leads to increased TH1904 accumulation
Uptake in MDCK-MDR-positive cells
Doxorubicin TH1904
0
5
10
15
20
- + - + CsA
Upta
ke (
fmol/m
g o
f pro
tein
)
In Vivo Validation
68
ES-2 Ovarian Cancer model
Delta tumor volume post-treatments
Day-14 PT
Vehicle Doxorubicin DoxKA0
25
50
75
100
125
150
43%
97%
Tum
or
volu
me incre
ase (
%)
*18 mg/kg/week TH1904 is equivalent to the Doxorubicin MTD (6 mg/kg/week)
TH 1904
TH1904: Tumor Growth Inhibition
69
Second Ovarian Tumor Model (SKOV3)
• Mice treated with Doxorubicin received 5 treatments at 3 mg/kg/bi-weekly (MTD)
• Mice treated with TH1904 received 7 treatments at an equivalent dose of Doxorubicin
0 2 4 6 8 10 12 14 16 18 20 220
100
200
300
400
500
600
700
800
900
1000
1100
Tx1 Tx2 Tx3 Tx4 Tx5 Tx6*
Vehicle
Doxorubicin
DoxKA
Tx7*
Days Post-Treatment
Tum
or
Volu
me
(mm
3)
Treatments: equimolar Doxorubicin doses
(3 mg/kg/bi-weekly, IV)
SKOV-3 Ovarian Tumor Growth
TH1904
Vehicle Doxorubicin DoxKA0
25
50
75
100
125
150
¯41%
¯77%
Tum
or
volu
me incre
ase (
%)
TH1904
In Vivo Benefits
70
TH1904 (Ovarian Cancer)
• In humans, Doxorubicin limit lifetime cumulative dose (<550 mg/m²) to reduce risk of cardiotoxicity
• Less accumulation of TH1904 in the heart suggests better cardiotoxicity profile compared to Doxorubicin
Reducing side effects
Heart
Doxorubicin DoxKA0
500
1000
1500
2000
Treatment
Accu
mu
latio
n (n
g/g
of t
issu
e)
TH1904Doxorubicin
In Vivo Benefits
71
TH1904 Conjugate (Ovarian Cancer)
Reducing side effects
TH1904
In contrast to Doxorubicin, TH1904
does not induce the expression of the myocardial pro-
inflammatory interleukin-6 (IL-6)
Cumulative doses injected into mice:
• Doxorubicin: 15-20 mg/kg
• TH1904: 72-180 mg/kg (Eq. Doxo: 24-60 mg/kg)
In Vivo Benefits
72
TH1904 (Ovarian Cancer)
Reducing side effects
Untreated Doxorubicin TH1904
After 2 treatments
• No weight loss observed for TH1904 treated mice
In Vivo Benefits
73
TH1904 (Ovarian Cancer)
Reducing side effects
• No significant effect of TH1904 on white blood cell counts (ex. Lymphocytes)
Vehicle Doxorubicin TH19040
2
4
6
8
Treatments
Lym
phocyte
s (
10
9/L
)
Higher normal limit
Lower normal limit
Lymphocytes counts after 3 treatments
TH1902: Docetaxel conjugate in Triple Negative Breast Cancer
Breast cancer
75
• Association between SORT1 expression and clinico-pathological parameters in breast
cancer
Breast cancer Sortilin +
PATHOLOGIC TYPES
- Invasive ductal carcinoma 79%
- Invasive lobular carcinoma 54%
BREAST CANCER SUBTYPES
- Luminal A 66%
- Luminal B 73%
- HER2+ 79%
- TNBC 59%
Overall,
in breast cancers,
expression of
SORT1 is about
66%vs
10-15%for HER2
expression
SORT1 expression
Triple-Negative Breast Cancer
76
• Most lethal form of breast cancer
• More frequently diagnosed in younger women (<40 years old)
• Higher risk of earlier relapse (42% will have rapid relapses within 5-10 years)
• Median survival from the time of developing metastases rarely >1 year
• Lack ER, PR and HER2 – no targeted therapies available
• Endocrine therapy and anti HER2 treatments are not effective
TNBC Patients
77
• TNBC patients with metastases in lymph nodes and high sortilin expression have a poorer
prognostic in ‘‘Relapse Free Survival’’
0 24 48 72 96 120 144 168 192 2160.2
0.4
0.6
0.8
1.0
1.2
(n = 161)
Time (months)
Fra
ctio
n s
urv
iva
l in
all
TN
BC
pa
tien
ts
Low Sortilin
High Sortilin
0 24 48 72 96 1200.2
0.4
0.6
0.8
1.0
1.2
(n = 72)
Time (months)
Fra
ctio
n s
urv
ival in
TN
BC
patie
nts
with
lym
ph
no
de
me
tasta
se
s
Low Sortilin
High Sortilin
ALL TNBC PATIENTS(n=161)
PATIENTS WITH LYMPH NODE METS(n=72)
Breast cancer
78
SORTILIN Expression in Breast Cancers
Normal
adjacent tissue
Infiltrating
duct carcinoma
Lymph Node
Metastasis carcinoma
In Vivo Validation
79
TH1902 (Triple-Negative Breast Cancer)
• Mice treated with Docetaxel received 3 treatments at 15mg/kg/week (MTD)
• Mice treated with TH1902 received 5 treatments at an equivalent dose of Docetaxel
0 5 10 15 20 25 30 35 40 45 50 55 60 65 700
200
400
600
800
Tx1 Tx2 Tx3 Tx4* Tx5*
Vehicle
Docetaxel (15 mg/kg, MTD)
DoceKA (1 eq.)
Days Post-Treatment
Tu
mo
r V
olu
me
(m
m3)
MDA-MB-231 xenografts study(IV administration)
TH1902
Tx4* Tx5*
TH1902
80
Eradication of breast tumors (IP administration)
Residual tumor burden
0 2 4 6 8 10 12 14 16 18 20 22 24 26 28 30 32 34 36 38 40 42 44 46 48 50 52 54 56 58 60 62 64 66 68 70 72 74 76 78
-20
-10
0
10
20
30
40
50
Vehicle
Docetaxel
KBA106
Days (post-treatments)
Lu
min
esce
nce
In
ten
sity (x1
06 R
FU
)
TH1902
Vehicle Docetaxel TH1902
Day-1
4 P
TD
ay-7
4 P
T
TH1902 treated mice:
• Luminescence is undetectable in 6/6 mice 46 days after last treatments
1 day in mice =
1 month in human
TH1902
81
Eradication of breast tumors
TH1902 treated mice:
• Luminescence is undetectable in 6/6 mice 46 days after last treatments
Docetaxel TH1902-100
0
100
200
300
400
Tum
or
lum
inescence p
rogre
ssio
n(%
of D
ay 0
level)
*
TH1902 Potent efficacy against TNBC
82
Strong inhibition of MDA-MB231 tumor growth at low dose
0 5 10 15 20 25 30 35 400
200
400
600
800
1000
Days Post-Treatment
Tum
or
Volu
mes (
mm
3)
Docetaxel (3.75 mg/kg,1/4 MTD)
TH1902 (8.75 mg/kg)
Vehicle
83
• After a single injection at MTD, Docetaxel induced a drastic reduction in neutrophil count
• Even after six TH1902 treatments at an equivalent Docetaxel dose, neutrophil count remained within normal limits
Docetaxel MTD: 15 mg/kg/week; 3 cycles
TH1902Docetaxel
0 1 3 6 0 1 3 60.0
0.5
1.0
1.5
2.0
(Number of treatments)
Docetaxel DoceKA
NANeutropenia
Ne
utro
ph
ils (1
09/L
)
TH1902Docetaxel
Absence of neutropenia after TH1902 treatment
Effect on body weight after 3 cycles (Day 19)
84
• Docetaxel : MTD 15 mg/kg/week
• TH1902 : Equivalent dose
Vehicle Docetaxel TH190280
90
100
110
*
Treatments
Weig
ht
(% o
f D
ay-0
)
Advantages of Theratechnologies’ Oncology Platform
85
INCREASED
EFFICACY
BETTER
TOLERABIILITY
TARGETED
THERAPY
FLEXIBLE
PLATFORM
Advantages of Theratechnologies’ Oncology Platform
86
Specifically targeting known drugs already tested in millions of patients
drastically reduces the risk of unfortunate surprises in
translating animal studies to human patients
Showing old drugs new tricks…
THANK YOU
Oncology Platform
88
Summary
1 Business model: Clinical POC in ovarian and TNBC cancers, large unmet medical
needs
2 Novel proprietary peptides for the targeted delivery of known and novel cancer
therapies
3 Use of well known cytotoxics, doxorubicin and docetaxel to reduce the development
risk
Oncology Platform
89
Summary
4 Targeted cancer treatment on Sortilin, a novel target involved in cellular
internalization/trafficking and cancer cells, over-expressed in several cancers
5 Initiation of Phase I studies in 2020
6 Targeting clinical Proof-of-Concept in humans in 2021
Q&A Oncology
Conclusion
THERATECHNOLOGIES
92
• Major turnaround in the last five years
• Grew from $4M in royalties and amortized revenues to over $60M in sales for the past 12 months
• Developed commercial activities in the USA
• Expanded to the EU
• Developed and gained approval for a new formulation: EGRIFTA SV
• Built an R&D pipeline
• Active on M&A
• Acquisition of Trogarzo commercial rights in the USA and the EU
• Acquisition of the Oncology Platform
Conclusion
THERATECHNOLOGIES
93
• Well positioned for significant growth
• Short term with Egrifta SV and Trogarzo in the USA
• Mid term with Trogarzo in the EU
• Longer term with our pipeline in NASH and in Oncology
Conclusion
THANK YOU