Detecting Cancer in Blood
Transcription
Detecting Cancer in Blood
not commercially available in the U.S. Detecting Cancer in Blood Company presentation Safe harbor statement Forward Looking Statements This communication contains certain forward-looking statements, including, without limitation, statements containing the words “expects”, “future”, “potential” and words of similar import. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause our actual results of operations, financial condition, performance, or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the following: uncertainties related to results of our clinical trials, the uncertainty of regulatory approval and commercial uncertainty, reimbursement and drug price uncertainty, the absence of sales and marketing experience and limited manufacturing capabilities, attraction and retention of technologically skilled employees, dependence on licenses, patents and proprietary technology, dependence upon collaborators, future capital needs and the uncertainty of additional funding, risks of product liability and limitations of insurance, limitations of supplies, competition from other biopharmaceutical, chemical and pharmaceutical companies, environmental, health and safety matters, availability of licensing arrangements, currency fluctuations, adverse changes in governmental rules and fiscal policies, civil unrest, acts of God, acts of war, and other factors referenced in this communication. Given these uncertainties, prospective investors and partners are cautioned not to place undue reliance on such forward-looking statements. We disclaim any obligation to update any such forward-looking statements to reflect future events or developments. Legal Product Disclaimer Products by Epigenomics that are referred to in this presentation, especially Epi proColon®, are not available and are not approved for sale in the United States. The analytical and performance characteristics of any product to be eventually sold in the U.S. based on our technology have not been established. 1 2/29/2016 Saving lives through blood-based cancer detection Our high-performing, minimally-invasive tests have the potential to radically improve cancer detection. By leveraging our expertise in epigenetics as well as our product pipeline and strong IP, we are uniquely positioned to drive patient access to cancer testing through liquid biopsy. not commercially available in the U.S. 2 2/29/2016 Targeting the most deadly cancers Annual cancer deaths US population 26,120 Prostate 3 2/29/2016 158,080 40,890 41,780 Breast Pancreas 49,190 Colorectal Source: American Cancer Society, Cancer Facts & Figures 2016, annual figures Lung Colorectal cancer (CRC): Early detection saves lives Diagnosed in Stage I or II Diagnosed in Stage IV 9 out of 10 survive 1 out of 10 survive 5 years 4 2/29/2016 Source: American Cancer Society, Cancer Facts & Figures 2015 5 years CRC: One in three in the USA remains unscreened % 65% Unscreened eligible population Screened population 23 to 30 million eligible Americans are not screened for CRC 5 2/29/2016 Source: Centers for Disease Control and Prevention, “Vital Signs”, November 2013; American Cancer Society Cancer Facts and Figures, 2015. Stagnant screening rate over the past years 60% 2002 6 2/29/2016 63% 2008 65% 65% 2010 2012 Screening gap American Cancer Society screening goal: 80% by 2018 Source: Data from the BRFSS survey reported in MMWR 60(26)884-889, MMWR 62(44):881-888. 80% 2018 Epi proColon adds convenient CRC screening option Imaging Methods Colonoscopy Flexible sigmoidoscopy Virtual colonography 7 2/29/2016 Stool Sampling occult blood in stool by FIT or gFOBT Fecal DNA testing Liquid biopsy Septin-9 blood test Opportunity for US market expansion 15% 80% CRC screening goal by ACS Screening gap $2 billion* Closing the screening gap towards the 80% goal 65% Screened population * Annual revenue ex laboratory 8 2/29/2016 High patient preference for blood test % of patients refusing colonoscopy accepted minimal-invasive test % of those patients chose a blood test Source: Adler, A., et al. (2014). Improving compliance to colorectal cancer screening using blood and stool based tests in patients refusing screening colonoscopy in Germany. BMC Gastroenterol 14: 183. 9 2/29/2016 Simple for patients and health care providers Easy for the patient Part of routine visits No dietary restrictions Easy for the doctor Drives patient compliance Easy to explain Easy for the lab Runs on existing hardware No investment required 10 2/29/2016 Epi proColon - Option for non-compliant patients Colonoscopy Patient managed based on colonoscopy outcome Standard of Care Further regular screening 11 2/29/2016 Epi proColon detects tumor-specific DNA in blood 12 2/29/2016 Test performance established in major studies Prospective pivotal study Prospective, multicenter clinical study Multi-center, comparative clinical study Sensitivity of 68.2% and specificity of 80.0% Sensitivity of Epi proColon was 73.2% vs. 68.0% of FIT-test 7,941 screening-eligible individuals enrolled 13 FIT comparison study Epi proColon vs. FIT test ADMIT study Multi-center clinical study 420 patients, historically noncompliant with current screening guidelines 99.5% rate of adherence to Epi proColon Sensitivity: the percentage of cancer cases correctly identified Specificity: the percentage of healthy individuals correctly identified as negative 2/29/2016 Recent FDA notification* on status of Epi proColon Final approval expected Epi proColon would be first and only FDA approved blood- Significant milestone towards FDA approval * published on Jan 8, 2016 14 2/29/2016 based colorectal cancer test on U.S. market in Q1/Q2 2016 Only minor topics left to be clarified with the agency Next steps towards approval Secure reimbursement code Secure national availability upon launch Train and inform potential laboratory customers Build product inventory to serve initial demand Finalize FDA requirements 15 2/29/2016 U.S. commercialization with partner Nation-wide distribution to target labs with Polymedco Polymedco is the biggest distributor of CRC screening tests in the U.S. All incentives aligned between labs, partner and Epigenomics HQ Ideally positioned (CRC focus) to address over 1,000 existing laboratory customers U.S. chart with target labs only illustrative 16 2/29/2016 Strong outreach through multiple sales channels Reference Labs Epigenomics Polymedco 2/29/2016 Leading hospitals Academic Medical Centers Integrated Networks 17 Local medical doctors Key opinion leaders Healthcare providers Ideal partnership for commercial success Marketing Sales Distribution Customer support Billing Collection 18 2/29/2016 Product supply Reimbursement Regulatory KOLs Medical guidelines Reimbursement elements 19 2/29/2016 Strategic collaboration with BioChain in China Epi proColon® approved in China by CFDA1 BioChain started commercialization in 2015 Pricing and reimbursement discussions underway Septin9 test included in Chinese CRC Screening Guidelines Epi proColon® distribution and license agreement for Septin9 in place 20 2/29/2016 1 China Food and Drug Administration (CFDA) blood test for detection of lung cancer About lung cancer Lung cancer is #1 cancer killer worldwide High medical need for minimally invasive tests 21 2/29/2016 Lung cancer test in development Performance Based on Test sensitivity proprietary DNA was reported methylation at 95% with a biomarkers, specificity of SHOX2 & 64% in initial PTGER4 studies Target indications Follow-up after positive results in low dose spiral CT Future opportunity in screening of high risk patients This project has received funding from the European Union’s Horizon 2020 research and innovation programme under grant agreement No 672680. Next steps Initiation of clinical studies in 2016 (US/EU) Liquid biopsy will revolutionize cancer care Disease management Costs Liquid biopsy Compliance Repeatability 22 2/29/2016 Early detection Invasiveness “ For me the biggest payoff in cancer research would be the discovery of biomarkers that can be measured in the blood that reflect the presence of early-stage cancer. Dr. Leland Hartwell, March 2008, President, Ford Hutchison Cancer Research Center, Nobel Prize in Medicine and Physiology, 2001 ” R&D strategy Broad IP protection with over 50 active patent families 1 Biomarker discovery, confirmation and selection 23 2/29/2016 2 >20 proprietary biomarkers in CRC, lung cancer and other solid tumor indications 3 Test development and validation of regulated in-vitro diagnostic products Key financial information 9M 2015 9M 2014 EBIT (Operating result) -8,261 -5,390 Cash consumption -7,675 Revenue Net loss Liquid assets* *cash and cash equivalents incl. marketable securities 1,324 1,095 -8,033 -5,906 Sep 30, 2015 Dec 31, 2014 9,721 -5,948 7,495 Liquid assets currently sufficient to fund operations into 2017 24 2/29/2016 Epigenomics share Share information Types of shares Registered shares ISIN DE000A11QW50 ADR program Sponsored Level 1 ADR Security code number Stock exchange Ratio Total shares outstanding Analyst coverage 1 A11QW5 Frankfurt Stock Exchange, Prime Standard: ECX 1 ADR = 5 common shares 18,496,2341 (20.1m fully diluted) Edison, Equinet, First Berlin, Kempen & Co, Maxim As of Jan 31, 2016; 2 According the published voting right notifications 25 2/29/2016 Shareholder structure BioChain 9.1%2 Free float 86.0% Abingworth 4.9%2 Expected news flow topics 2016 Start of clinical studies with Epi proLung® FDA approval 26 2/29/2016 Inclusion in medical guidelines Start of US commercialization Market adoption and reimbursement progress Thank you for your attention! Contact Investor Relations Peter Vogt Investor & Public Relations Epigenomics AG T. +49 30 24345 386 [email protected] Brian Korb Managing Director The Trout Group LLC T. +1 646 378 2923 [email protected] Ticker Bloomberg: ECX:GR Reuters: EXXG.DE Thomson ONE: ECX-XE ADR OTC: EPGNY Internet 27 2/29/2016 www.epigenomics.com www.epiprocolon.com www.epiprolung.com