AI assistant
Evotec SE — Investor Presentation 2012
Jun 8, 2012
151_ip_2012-06-08_15a685c0-6250-4ad1-9519-00ca9495295c.pdf
Investor Presentation
Open in viewerOpens in your device viewer
Best in Class Drug Discovery solutions -Evotec Company Overview
Evotec AG, Jefferies 2012 Global Healthcare Conference, 4-7 June 2012
Forward-looking s statements
Information set forth in this presen forward-looking statements, which invo risks and uncertainties ncertainties. The forward forward-lo contained herein represent the judgemen the date of this presentation. Such statements are neither promises nor gua subject to a variety of risks and uncert which are beyond our control control, and wh ntation containsolve a number ofoking statements nt of Evotec as offorward-looking arantees, but are tainties, many of hich couldcause
actual results to differ materially from those contemplated in these forward-looking statements. We expressly disclaim an obligation or ndertaking to release p blicl any undertakingpublicly any updates or revisions to any such statements to reflect any change in our expectations or any change in events, conditions or circumstances on which any such statement is based.
Agenda
• Evotec at a glance
- Action Plan 2016 Innovation Efficiency
- Financial strategy & Outlook
Leader in Innovati on Efficiency
Evotec at a glance 1)
3 1) Founded in 1993, Publicly listed on TecDAX (Germany) ), approx. 70% free float, >600 employees, Headquarter in Hamburg, Germany
Solutions to accelerate Innovation Efficiency
Evotec overview
Agenda
- Evotec at a glance
- Action Plan 2016 Innovation Efficiency
- Financial strategy & Outlook
External innovatiohigher capital effic on delivers ciency
Key factors underpinning Evotec's mission
Action Plan 2016 f for sustainable growth
Action Plan 2016 - Forcesat work
Leveraging innovation efficient discovery
Action Plan 2016 - Evotec's offering for Innovation Efficiency
Broad stand alonee execution business
Comprehensive Drug Disc covery Platform – "EVO Apps"
Disease biology is the processor for integrated drug discovery alliances
Alliance model
"Faster to Decisioaligns incentives ns" business model
Business model
Strong portfolio of f top-class partners
Selected integrated drug d discovery alliances – targets provided by partners
| P t a r n e r s |
F o c u s a r e a |
f U i d E t p s e o r v v o e c |
D i i t e s c r p o n |
|---|---|---|---|
| O l n c o o g y, f i l i t n a m m a o n |
+ + + |
f P b d l i- l t t t t e r o r m a n c e a s e m u a r g e o n g e r m - - , l l i a a n c e |
|
| H i d i t t n n g o n s e a s e u |
+ | L l l l l i i f d h h f i h t t t t t o n g e e r r m m a a a a n n c c e e o c s e o n e e g u - , i H i d i t t t a g a n s n n g o n s e a s e u |
|
| V i a r o u s |
+ + |
f L l l i d l i l t t t t o n g e r m a a n c e o c u s e o n m u p e a r g e s - , |
|
| C S N 1 I l 2 m m n o o g u y |
+ + |
P f b d l l l i t e r o r m a n c e a s e o n g e r m a a n c e - - , , C S / f d N I l t t o c s e o n m m n o o g g a r e s u u y |
|
| P i a n |
+ + |
P f b d l l i f d i e r o r m a n c e a s e a a n c e o c s e o n p a n u - , |
|
| V i a r o u s |
+ + |
f P b d l i- l t t t t e r o r m a n c e a s e m u a r g e o n g e r m - - , l l i a a n c e |
Good Phase III pro EVT 401 back in deog pp ress on Diapep277, evelopment pipeline
Portfolio of product develo opment partnerships
| I I d d i i i i t t n c a o n |
P t a r n e r |
S S t t t t a s u |
N t e x i l t m e s o n e |
C i i l l o m m e r c a s |
|---|---|---|---|---|
| ) 1 D i b t a e e s |
d P h I I 2 n a s e i i t r e c r n g u |
F i l P h I I I I n a a s e d t a a |
A € 4 0 i l t p p r o x. m m e s o n e s, l i i l k t t t t r o y a e s p o e n a m a r e ; € 5 0 0 a p p r o x. m |
|
| A l h i ´s e m e r z 2 ) D i s e a s e |
P h I I a s e |
P h I I b a s e i i i i t t n a o n |
\$ A 8 2 0 p p r o m x. i l l i t t m e s o n e s, r o a e s y ; \$ i l k b 3– 5 t t t p o e n a m a r e n |
|
| T T i t t t t t t r r e e a a m m e e n n r e s s a n ) 3 d i e p r e s s o n |
O O p e n |
P h I I a s e |
N N i t e e w p a r n e r n g |
O p e n |
| ) 4 I i n s o m n a |
P h I I a s e |
P h I I b t t a s e s a r |
M i l l i t t e s o n e s, r o y a e s |
|
| I f l i t n a m m a o n ( P X ) 2 7 |
C O N B A P H A R M A |
/ P h I I I a s e |
P h I I t t a s e s a r |
A i l 6 0 t p p r o x. m m e s o n e s, l i t r o y a e s ; |
| I f l i i t n a m m a o n n ) 5 i l h l h t a n m a e a |
P h I / I I a s e |
P h I I a s e t t s a r |
M i l l i t t e s o n e s, r o y a e s |
|
| 6 ) O h t e r s |
O p e n |
P l i i l r e- c n c a |
P i t a r n e r n g |
O p e n |
Novel treatment fomet Phase III endp or T1D points
Product development allia ance with Andromeda/Teva (Phase III)
About DiaPep 277®
- • DiaPep 277®, is a unique peptide of 24 amino acids, d derived from human heat shock protein 60 (HSP 60)
- • The peptide acts by modulating the immune system, t that secrete insulin in response to elevated blood gluc thus preventing the destruction of pancreatic cells cose levels
DiaPep 277® is pro entry; orphan drug og g ressing towards market g status in USA granted
Example 1: Product develo opment alliance with Andromeda/Teva
| D l b k d t e v e o p m e n a c g g r o u n |
S t t a u s |
E d k i l t t p e c e e m e s o n e s x y f E t o r o e c v |
|---|---|---|
| A l l d l l t, t e e o p m e n r e g a o r v u y • i b i l i i d h t t r e s p o n s e s a n c o s s a e v b f d t t e e n r a n s e r r e o 1 ) / A d d T n r o m e a e a v P h I d P h I I d i t a s e a n a s e s u e s • f f l l l l d d d d t t w e r e s u c c e s s u y c o n u c e T P h I I I d i h t t o a s e s e s a e o w u v • b d d f i i t t t e c o n c e o r r e g s r a o n u T h l d i d e v a a s a w o r w e • l i l i t e c s e c e n s e o x u v ® D i P 2 7 7 a e p p |
® D i P i 2 7 7 t a e p m m e p r m a r y • t d i f P h I I I i l 1 t s t e n p o n o a s e r a ( B l l f i ) d t t t e a c e n c o n a n u i d € i l 3 9 9 t t r g g e r e a m m e s o n e ® D i P 2 d d d 7 7 t t a e p e m o n s r a e a • i i i i f f i i i i f f t t t t s g n c a n p r e s s e r v a o n o C i d l l l k f t -p e p e e v e s a m a r e r o r , i i l i i b t a s s e s s n g n s n s e c r e o n u y i l l t p a n c r e a c c e s s f A d d i i l l i i l, d t t o n a c n c c a s a e y a n • f f i l i i e c a c y a n a y s s o n g o n g d P h I I I i h 2 5 0 0 n t a s e a p p r o w x • i l d i i i d t t t t p a e n s a s a r e a n a e w y |
N i l i i d t t t e m e s o n e s r g g e r e x • d l i f P h 2 t n p o n c o m p e o n o a s e u I I I d t s u y d f F i l d 2 P h I I I i t n n a a a o a s e n • / ( ) 2 0 1 4 2 0 1 5 e F i l j d f t t r s s a e s p r o e c e o r • ( ) / 2 0 1 2 0 1 6 5 e |
Novel treatment off Alzheimer's disease
Product development allia ance with Roche (Phase II)
| E V T 3 0 2 l l i M A O B i h i b i l d d i f t t t a n o r a y a c v e n o r o s o w o w n p r o g r e s s o n o – - ) ( A l h i ' d i A D z e m e r s s e a s e |
|
|---|---|
| ( ) f f f A l h i d i A D i h d i A D t t t t t z e m e r s e a s e s e m o s c o m m o n o r m o e m e n a m o s o e n • , i d i d i l 6 5 s a g n o s e n p e o p e o v e r |
|
| f T h i h d i h i h i A D i t t e r e s n o c u r e o r e s e a s e w c w o r s e n s a s p r o g r e s s e s s • , f f d i d 1 i 8 0 l b 2 0 0 t t t 5 p r e c e o a e c n p e o p e y |
|
| G f R 1 E V T 3 0 2 i d l d h A D 5 7 7 t t t t t s o o n e s m p o m s o s a r g e e o w w y y • – ). 1 S T h i l d b d d i i i h A D A t t t t t s w o u e e m o n s r a e n c o g n v e e s s s u c a s -c o g |
About RG 1577– EVT 302
- • MAO-B is normally present in brain and is responsible e for break-down of certain neurotransmitters
- • Activity of MAO-B is linked to production roduction of reactive eactiveo damage oxygen species, molecules oleculesthat can cause neuronal euronal
- • Blocking the activity of MAO-B should reduce oxidativ ve stress which is expected to slow progression of AD
RG 1577/EVT302 –high unmet medical need
Example 2: Product develo opment alliance with Roche
| D l b k d t e e o p m e n a c g g r o n v u |
L i i t c e n s n g g a g g r e e e m e n |
S d d k t t t a u s a n e x p e c e e y i l f E t t m e s o n e s o r v o e c |
|---|---|---|
| A l l d l l t, t e e o p m e n r e g a o r v u y • i b i l i i d h t t r e s p o n s e s a n c o s s a e v b f d R h t t e e n r a n s e r r e o o c e P h I d P h I I i l t a s e a n a s e r a s • h b d d i l l t t a e e e n c o n c e p a r a v u y f f i h d i h i l t t t t w e r e n e r a p e u c g o a s S f f i l i b l i h d t t a e y p r o e s e s a s e • f D l i l t e v e o p m e n p r o e c a n • i l l d l t t t t t p o e n a y a r g e s a n a o n e l i i t t t t a p p c a o n o r r e a m e n s |
N f h E t t t t o r e r c o s s o o e c u v • \$ U f f 1 0 t t p r o n p a y m e e n o m • \$ M i l f 8 2 0 t e s o n e s o m • D b l d i i l i t t o u e g r o o y a e s • |
L P h I I b i l i t a r g e a s e r a n • i f i 2 0 1 2 t t t p r e p a r a o n o r s a r n P h I I b l i d t a s e c o m p e o n a n • ( / ) P h I I I d 2 0 1 3 2 0 1 4 t t a s e s a r e n |
World leading fran g biology and regen nchise in beta cell nerative medicine
Evotec´s CureBeta franchise
Investing in CureN Nephron
2
4
Kidney disease focused dr rug discovery
Evotec
1
- •Proven regenerative medicine approach
- • Experience and expertise in diabetic complications
- • Fully integrated drug discovery platform
Unique kidney cell tools / capabilities Unique
- • Customized kidney assays and animal models
- • HCS capabilities for target identification
Harvard / Brigham and Woman's Hospital
- •Prof. Andy McMahon
- •Prof. Ben Humphreys
- • World leading science in kidney disease
Paediatric Renal Medicine at the University of Bristol
- • Prof. Moin A Saleem
- Podocyte biology
3
Even higher upsid de if targets from Evotec
Drug discovery alliances – targets provided by EVT
| P t a r n e r s |
F o c u s a r e a |
U i d f E t p s e o r v v o e c |
D i i t e s c r p o n |
|---|---|---|---|
| M b l i t e a o c s , |
+ + + + |
D i b b i d b l i d t t t a e e s o e s a n m e a o c s n r o m e y y , |
|
| i l i i i t n s n s e n s e r u z |
f f R h d i € 7 t, e s e a r c u n n g m u p r o n , € 2 3 0 i l l i t t m m e s o n e s r o y a e s > , |
||
| B l l t e a c e i f t t r e g e n e r a o n a c o r |
+ + + + |
T d d i b i b l l 1 2 t t t t p e a n a e e s a r g e n g e a c e y , R h f d i € f 5 t, m a s s e s e a r c n n g m p r o n u u , , |
|
| € 2 0 i i l l l i 5 t t t m m m e e s s o o n n e e s s r o y a e s > , |
|||
| P i a n |
+ + + |
V R A i 1 t t, n a g o n s \$ P f b d l l i f 1 0 t, e r o r m a n c e a s e a a n c e m p r o n u - , |
|
| \$ 1 0 i l l i 7 t t m m e s o n e s r o y a e s > , |
|||
| R e s p o n s e d i i t p r e c o n |
+ + |
P f b d l l i f d e r o r m a n c e a s e a a n c e o c s e o n u - , d l f d i i t t e e o p m e n o r e s p o n s e p r e c n g v b i k d i l d f i i l o m a r e r s n s c o s e n a n c a s ; u |
Evo g as t e g o lving the glo Innovation Efficienoba eade l leader in ncy
Goals of Action Plan 2016
Key Performance Indicators
| G r o w |
D b l l b 2 0 1 6 t t o u e r e v e n u e s a e s y • O 1 % i i d l h i t t 5 t t t p e r a e a a p p r o x o p e r a n g n c c o m e a n a c c e e r a e c a s -g e n e r a o n • f I l i i h h l i l d i i l b 2 0 1 6 t t t t t t m p r o v e q u a y o r e v e n u e m x r o u g g r o y a y, m e s o n e a n s e r v c e n c o m e a e s y • |
|---|---|
| I t n n o a e v |
C i i € i h i h l i i d h 1 0 t t t t t o n n e o n e s a a p p p p r r o o m p p a a a n g n n o a e n p a r n e r e r e s e a r c u v x x y v v u • ( d f l l l l l i l l l d i ) t e g e p a n r o m s m a m o e c e s a s s o n o a r g e m o e c e s c o e r x u u v y C i d h l i f b € 1 0 t t t t t o n n e o p g r a e e c n o o g n r a s r c r e s a p p r o m p a u u y u u y x • B B i i l l d d i i l l i i i i h h f f i i i i l l i i k k h h h h h h i i h h l l l l i i i i t t t t t t t t t t t t e e n m o r e m a r e p p e n e o n a n c a r s r o g g s e e c e p a r n e r n g u v u w u u y v • |
| C & t r e a e C l i d t o n s o a e |
A i l i i i i k l i d i t t t t t t t c e p a r c p a e n s r a e g c m a r e e c o n s o a o n v y • O i i h h l d l i t t p m s e s a r e o e r v a u e c r e a o n • |
Agenda
- Evotec at a glance
- Action Plan 2016 Innovation Efficiency
- Financial strategy & Outlook
Positive trend of aunderlying busine all key g metrics reflect strength of ess
Key metrics for 2012
in € m
Strong growth and profitability and in d clear investment strategy drive nnovation
Key financials FY 2011: Co ondensed profit & loss statement (IFRS)
in €m
| 2 0 0 9 A l t c a u |
2 0 1 0 A l t c a u |
2 0 1 1 A l t c a u |
% s v A l 0 1 t c a u |
||
|---|---|---|---|---|---|
| R e e n e s v u |
4 2 7 |
5 5 3 |
8 0 1 |
4 5 % + |
|
| G i r o s s m a r g n |
4 3 2 % |
4 4 1 % |
4 3 % 7 |
||
| R & D e p e n s e s x • |
2 0 9 |
6 1 |
8 4 |
3 8 % + |
S i t r o n g o r g a n c |
| S G & A e x p e n s e s • |
1 6 7 |
1 6 0 |
1 5 8 |
1 % - |
h t g r o w t m o m e n u m - |
| A i i t t m o r s a o n • |
0 5 |
0 7 |
1 7 |
r e v e n u e s |
|
| I i t m p a r m e n • |
1 8 2 |
0 0 |
2 1 |
l d i e x c u n g |
|
| R l f i i t e e r s a o m p a r m e n v • |
( ) . 0 4 |
0 0. |
( ( ) ) 1 1 5 5 |
i i i t a c q u s o n s |
|
| R i t t e s r c r n g e p e n s e s u u x • |
4 8 |
0 0 |
0 0 |
3 0 % + |
|
| O h i t t e r o p e r a n g e x p e n s e s • |
( ) 0 1 |
( ) 0 1 |
3 3 |
||
| O i i ( l ) t p e r a n g n c o m e o s s |
( ) 4 2 3 |
1 7 + |
5 2 + |
2 0 4 % + |
|
| N i ( l ) t e n c o m e o s s |
( 5 5 ) 4 |
3 0 + |
6 7 + |
1 2 3 % + |
Visit the Manfred EEigen Campus in Hamburg
Significant upgrading proc cesses at all sites
Sales representation (Boston, Tokyo) Operations & sales representation
1) Manfred Eigen (*1927), German biophysical chemist and work on a special measuring method of fast chemical react d one of the worldwide leading pioneers in biotechnology.In 1967, he won the Nobel Prize in Chemistry for his ions, which, until then, were considered to be immeasurable. He initiated the foundation of Evotec AG.
The right team to d industrialisationdeliver innovation, growth and
Management & sharehold der structure
Strong news flow to come
Outlook and next steps for r 2012 ff
Key milestones for 2012
| E V T E 1 t x e c u e |
D b l d i i h 2 0 1 2 2 0 1 6 t t o u e g r e v e n u e g r o o w • – E i f i i l l i t p a n s o n s c c e s s o e s n g a a n c e s x u x x • S f i i i l d l i h j h t t t g n c a n o n g e r m e a a s m a o r p a r m a w • - |
|---|---|
| E V T I t t 2 n e g r a e |
A l i i i i f f i i i i d d h h l l / / d d i i l l i 2 2 t t t t t t t t t t e a s s g n c a n n e n e g r a e e c n o o g s e a s e a a n c e s w w y • f / D l i i i i d l d l i i l l i i l i l t t t e e r s g n c a n a n a a c c e e r a e p r e c n c a c n c a m e s o n e s v • S f h i l i i i i t t t o w o p e r a o n a s y n e r g g e s o r e c e n a c q u s o n s • |
| E V T I t 3 n n o a e v |
A l i d l f l 1 t t t t t e a s s r a e g c e a o r e a r a s s e s y • f f f f ( ) E d i i l l l i A i b d i t t p a n o e r n g n o a r g g e r m o e c e s o e r n g e g n o e s x u • C ( C ) i l i i i X t o m m e r c a s e n n o v a o o n e g u r e • , … P h I I I d i D i P d P h I I b i h i A D d 2 7 7 t t t t t a s e a a n a e p p a n a s e s a r n p r o c w u • d l h i t t e e o p m e n p a r n e r s p p v |
Your contact:
Dr Werner LanthalerChief Executive Officer
+49.(0).40.560 81-242 +49.(0).40.560 81-333 Fax [email protected]