Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

IMUGENE LIMITED Investor Presentation 2017

Jan 8, 2017

65124_rns_2017-01-08_e14a32bb-f6e3-481e-8b0f-fcbe6502ea5f.pdf

Investor Presentation

Open in viewer

Opens in your device viewer

==> picture [227 x 41] intentionally omitted <==

ASX:IMU

B Cell Based Antibodies for Immuno-Oncology

Leslie
Chong Chief
Executive
Officer 09-­‐January-­‐2017

1

Notice: Forward Looking Statements

==> picture [92 x 279] intentionally omitted <==

Any forward looking statements in this presentation have been prepared on the basis of a number of assumptions which may prove incorrect and the current intentions, plans, expectations and beliefs about future events are subject to risks, uncertainties and other factors, many of which are outside Imugene Limited’s control. Important factors that could cause actual results to differ materially from any assumptions or expectations expressed or implied in this brochure include known and unknown risks. As actual results may differ materially to any assumptions made in this brochure, you are urged to view any forward looking statements contained in this brochure with caution. This presentation should not be relied on as a recommendation or forecast by Imugene Limited, and should not be construed as either an offer to sell or a solicitation of an offer to buy or sell shares in any jurisdiction.

==> picture [90 x 16] intentionally omitted <==

2

What Does Imugene Do?

We are developing cancer immunotherapy drugs based on antibodies

==> picture [90 x 16] intentionally omitted <==

3

IMU’s Value Proposition

  • ü Promising
    science
    with
    impeccable
    provenance in
    the
    hottest
    area
    of
    cancer
    today
    – immuno oncology

==> picture [206 x 111] intentionally omitted <==

  • ü Broad
    Pipeline:
    HER-­‐Vaxx &
    Mimotopes

ü Breast
Cancer
clinical
trial
complete
&
on
the
cusp
of recruitment
on
our
second
Phase
1b/2
clinical
trial
in gastric
cancer

  • ü Tight
    share
    register
    with
    leading
    Fund
    Manager, Platinum
    Asset
    Management

  • ü Frequent,
    rich,
    quality
    news
    flow
    ahead

  • ü Axel
    Hoos Sr.
    VP
    of
    immuno – oncology
    at
    GSK,
    plus team
    with
    successful
    track
    record
    in
    drug development

  • ü Low
    market
    cap
    -­‐ undervalued
    against
    ASX
    peers

==> picture [90 x 16] intentionally omitted <==

4

Imugene Operates in the most Promising area of Oncology Today…

==> picture [170 x 209] intentionally omitted <==

Imugene is
an
immunotherapy
company
developing B-­‐cell
based
vaccines
in
the
most
promising
area
of oncology
today
– IMMUNO-­‐ONCOLOGY

==> picture [152 x 194] intentionally omitted <==

==> picture [212 x 36] intentionally omitted <==

==> picture [196 x 126] intentionally omitted <==

==> picture [190 x 122] intentionally omitted <==

==> picture [173 x 176] intentionally omitted <==

==> picture [238 x 124] intentionally omitted <==

==> picture [217 x 128] intentionally omitted <==

==> picture [90 x 16] intentionally omitted <==

5

What is Cancer Immunotherapy?

  • Immunotherapy
    is
    the
    treatment
    of cancer
    with
    substances
    or
    drugs
    that stimulate
    the
    patient’s
    immune response
    – known
    as
    active immunisation

  • Unlike
    chemotherapy, immunotherapy
    drugs
    do
    not
    target the
    cancer
    directly

  • Immunotherapy
    helps
    the
    patient’s own
    immune
    system
    recognise & attack
    cancer
    cells

  • Typical
    immune
    responses
    are: – B
    Cells
    making
    antibodies
    to
    attack the
    cancer

  • T
    Cells
    developed
    by
    the
    thymus
    to attack
    the
    cancer

B
Cell

Antibody

T
Cell

==> picture [129 x 410] intentionally omitted <==

==> picture [90 x 16] intentionally omitted <==

6

Two Compelling Antibody Programs and Commercial Opportunities

Imugene’s Pipeline
B
Cell
Peptide
technology

Peptides
produced
via computer
aided
programs: HER-­‐Vaxx Vaccine

Peptides
identified
via mimotope technology

**Building

on
the
multi-­‐levels
of
your
own
immune
system**

  • Identification
    of
    cancer
    targets
    for
    variety
    of
    cancer
    indications

  • Immune
    responses
    from
    conjugates
    and
    adjuvants

  • B-­‐Cell
    Peptide
    vaccines
    against
    checkpoint
    targets

==> picture [90 x 16] intentionally omitted <==

7

What is an Antibody? A key Defense of the Immune System

Antibodies – Large
Y-­‐shaped
protein.
They
are
exquisitely
made to
attach
themselves
to
a target
sitting
on
an
invading
organism

==> picture [61 x 64] intentionally omitted <==

There
are
2
ways
to
make
antibodies

In
a
factory

==> picture [188 x 124] intentionally omitted <==

For
example, Roche’s
Herceptin

Using
B
cells
in
your
own
body

==> picture [35 x 34] intentionally omitted <==

==> picture [32 x 32] intentionally omitted <==

==> picture [97 x 101] intentionally omitted <==

==> picture [5 x 25] intentionally omitted <==

==> picture [33 x 33] intentionally omitted <==

B
Cells
– are
like
little
antibody factories
producing
millions
of antibodies
against
cancer
targets

==> picture [90 x 16] intentionally omitted <==

8

Advantages of B-Cell Based Antibodies

Issue B-Cell Immunotherapy Monoclonal Antibodies
Safety • Stimulates the immune system to produce
natural Abs, potentially safer, as
demonstrated by HER-Vaxx
• Synthetic Ab, with side effects
(including ventricular dysfunction, CHF,
anaphylaxis, immune mediation)
Efficacy • Polyclonal Ab response reduces risk of
resistance and potentially increases
efficacy
• Monoclonal Ab - single shot
Durability • Antibodies continuously produced a
lasting immune response to inhibit tumor
• Half life up to 12 days sometimes less
recurrence
Usability • Potentially low numbers of vaccinations
required per year
• Requires regular infusion
Cost • Low cost of production enables greater
pricing flexibility facilitating combinations
and opening up additional markets
• Expensive course of treatment
>USD100K per year in the US

B-­‐Cell
Vaccines
offer
a
unique
opportunity
to
intervene
at
multiple
points
in
the
immune
system and
create
immune
memory
which
enhances
durability
of
response.

==> picture [90 x 16] intentionally omitted <==

9

A Mimotope Produces a Copy of an Antibody

  • A
    mimotope is
    a
    small
    molecule,
    often
    a
    peptide,
    which
    mirrors
    the
    structure
    of
    an epitope,
    the
    specific
    target
    an
    antibody
    binds
    to.
    Because
    of
    this
    property
    it
    induces an
    antibody
    response
    similar
    to
    the
    one
    elicited
    by
    the
    epitope.

  • A
    mimotope causes
    your
    B
    cells
    to
    produce
    an
    antibody
    copy
    of
    the
    antibody
    you want
    to
    “mimic”

  • Potential
    tool
    for
    selecting
    novel
    vaccine
    candidates
    against
    a
    variety
    of
    tumors

  • Greatly
    extends
    IMU’s
    oncology
    franchise
    and
    pipeline.

  • Monoclonal
    antibody
    market
    currently
    at
    US$60bn
    annually

  • December,
    2016
    progressed
    the
    mimotope platform
    with
    filing
    of
    4
    new
    patent applications

==> picture [39 x 41] intentionally omitted <==

==> picture [116 x 102] intentionally omitted <==

==> picture [90 x 16] intentionally omitted <==

10

HER-Vaxx is a peptide vaccine being developed for HER2[+] gastric cancer

==> picture [227 x 41] intentionally omitted <==

ASX:IMU

11

HER-Vaxx: Mechanism of Action – How it Works

==> picture [667 x 446] intentionally omitted <==

----- Start of picture text -----

P6
3
Peptides
P4
Tumor
Cell
P7
HER-­‐Vaxx
Antibody
Secretion
HER-­‐2/neu
B-­‐cell
Activation
Via
helper
T-­‐cells
HER-­‐Vaxx attacks
the
HER-­‐Vaxx B-­‐Cell same
target
as
the
Immunotherapy
the
world’s
largest
selling
breast
cancer
drug
Herceptin
----- End of picture text -----

12

Phase 1 in Breast Cancer, Completed at Medical University of Vienna

==> picture [167 x 278] intentionally omitted <==

Design

  • 10
    patients

  • All
    late
    stage
    breast
    cancer patients

  • HER-­‐2
    +/++

  • Life
    expectancy

    4
    months

  • • Conducted
    at
    Medical University
    of
    Vienna

**Clinical

Endpoints**

  • ❶ Safety
    and Tolerability

  • Immunogenicity: antibodies and cellular
    responses

Results

  • Patients
    developed
    anti-­‐HER-­‐2
    antibodies

  • Induction
    of
    cytokines
    (Th1
    biased;
    IFNγ)

  • Induction
    of
    memory
    T
    &
    B
    cells
    post vaccination

  • Reduction
    in
    T
    reg cells
    post
    vaccination, indicating
    strong
    vaccine
    response

  • Antibodies
    induced
    displayed
    potent
    anti-­‐ tumor
    activity

  • Promising
    results
    -­‐ Patients
    were
    end
    stage and
    not
    primary
    target
    group

  • Reviewed
    in
    Peer
    Publication

==> picture [65 x 313] intentionally omitted <==

==> picture [90 x 16] intentionally omitted <==

13

  • Wiedermann et.
    al.,
    Breast
    Cancer
    Res
    Treat.
    2010
    Feb;119(3):673-­‐83.

HER-Vaxx Has Been Considerably Optimised Since Phase 1a

==> picture [106 x 67] intentionally omitted <==

----- Start of picture text -----

Ph1b/2
Formulation
----- End of picture text -----

**First

Generation**

  • Three
    separate
    B
    Cell epitopes
    delivered
    in virosomes (used
    in Phase
    1a).

Second Generation

  • incorporated the three B Cell epitopes into a single 49-­mer peptide

  • 2x increase in antibody response in vivo compared to three

  • single epitopes (extended patent life to 2030)

Third Generation

  • changed the delivery system from virosomes to CRM197 (which gave CD4 T-­Helper response), and added a montanide adjuvant

  • 20x increase in antibody response in vivo (potentially

  • extends patent life to 2036)

==> picture [90 x 16] intentionally omitted <==

14

HER-Vaxx Has Been Significantly Enhanced by the Carrier System and Adjuvant

Her-­2/neu specific IgG kinetic, after last immunization

==> picture [634 x 200] intentionally omitted <==

----- Start of picture text -----

1.60
1.40
1.20
1.00
0.80 3 w. after 3 doses vacc.
0.60 8 w. after 3 doses vacc.
0.40 16 w. after 3 doses vacc.
0.20 6 mo. after 3 doses vacc.
0.00 Pre-­immunization
10 25 50
OD
----- End of picture text -----

P467-­CRM-­Montanide (µg)

In the mouse model the new formulation sees circulating antibodies maintained for 6 months which equates to many years in humans.

==> picture [90 x 16] intentionally omitted <==

15

Phase 1b/2, in Gastric Cancer

==> picture [92 x 279] intentionally omitted <==

==> picture [206 x 279] intentionally omitted <==

**Phase

1b
lead-­‐in Phase
2**

  • Open
    label

    • Open
      label
  • ~18
    patients
    in
    3
    cohorts ~68
    patients
    from
    sites of
    up
    to
    6
    pts
    per
    cohort in
    Asia

  • Combination
    with
    chemo Combination
    with
    chemo

  • Endpoints: Randomized – Recommended
    Phase
    2 • Primary
    Endpoints:

  • Dose
    of
    HER-­‐Vaxx –

  • – Overall
    Survival Safety:
    any
    HER-­‐Vaxx – Progression-­‐Free
    Survival

  • toxicity

  • Immunogenicity
    (anti-­‐ Secondary
    endpoint: HER-­‐2
    antibody
    titres)) – Immune
    response

08-­‐Nov,
2016:
Phase
1b/2
Commences Q1,
2017:
Patient
Enrolled Q1-­‐Q2,
2017:
Early
Patient
Data
Available Q3
2017:
Interim
Ph1b
Patient
Data
Available Q4
2017:
Final
Ph1b
Patient
Data
Available

==> picture [90 x 16] intentionally omitted <==

16

Huge Gastric Market Opportunity

  • Gastric
    cancer
    is
    the
    second
    leading
    cause
    of
    cancer mortality
    in
    the
    world
    &
    its
    management,
    especially in
    advanced
    stages,
    has
    evolved
    relatively
    little

  • • ~20%
    patients
    with
    metastatic
    gastric
    cancer
    are HER-­‐2
    positive

  • Surgery,
    chemotherapy,
    radiation
    &
    Herceptin
    are the
    key
    treatments

  • In
    many
    countries,
    particularly
    Asia,
    chemotherapy such
    as
    capecitibine and
    5-­‐FU,
    is
    the
    standard
    of care,
    not
    Herceptin

  • Asia
    is
    the
    largest
    market
    for
    gastric
    cancer
    globally

==> picture [121 x 121] intentionally omitted <==

==> picture [72 x 63] intentionally omitted <==

Chemotherapy

==> picture [118 x 80] intentionally omitted <==

Monoclonal
antibody

==> picture [90 x 16] intentionally omitted <==

17

2015 Big Pharma Antibody Deals

20%

of
the
top
10
Big
Pharma deals
in
2015
were
in
the
antibody
space

Top
ten
2015
licensing
transactions
by
announced
total
size

Licensee Licensor Total Size Upfront Subject Stage Primary
(US $M) (US $M) Rx Area
1 Sanofi Hanmi $4,266 $445 Sanofl to develop Hanmi's Portfolio (specifically 3 Reformulation Endo/Meta
assets) of long-acting diabetes treatment
2 AstraZeneca lonis $4,090 $65 Discovery and development of antisense therapies Discovery Diversified
(fka Isis) for cardiovascular, metabolic and renal diseases
3 Vertex CRISPR $2,625 $75 Vertex and CRISPR to use CR1SPR-cas9 gene editing Discovery Diversified
technology to discover and develop new treatment
for genetic diseases
4 Gilead Galapagos $2,075 $300 Gilead Sciences to develop and commercialize Phase II Al/lnflam
Galapagos' filgotlnlb against rheumatoid arthritis
5 Pfizer Heptares $1,890 Undisclosed Heptares and pfizer to develop novel drugs targeting Discovery Diversified
GPCR against multiple therapeutic indications
$350M up-front
Phase 1
6 BMS Five Prime $1,740 $350 BMS to develop and commercialize Flve Prime's
CSFlR antibody program, including FPA-008 for
immunology and oncology
Phase I Diversified
7 Sanofi Lexicon $1,730 $300 Sanofi to develop and commercialize Lexicon's Phase III Endo/Meta
sotagliflozin against diabetes, with an option to
license
8 Amgen Xencor $1,702 $45 Amgen to develop and commercialize Xencor's Preclinical Diversified
bispecific cancer immunotherapy and inflammation
programs
$640M up-front
Phase 1
9
10
Sanofi
Ultragenyx
Regeneron
Arcturus
$1,665
$1,570
$640
$10
PD-1 inhibitor and other new immuno-0ncology
antibodies, with an option
Arcturus and Ultragenyx to discover and develop
Phase I
Discovery
Cancer
Diversified
mRNA therapeutics using UNA Oligomer chemistry
and LUNAR nanoparticle delivery platform

==> picture [90 x 16] intentionally omitted <==

18

What Could an IMU Deal Look Like? Top

20
Licenses
with
Upfront
Payments

$50m

Licensee Licensor Upfront($M) Equity($M) Stage Rx Area
Sanofi Regeneron $640 Phase I Cancer
Celgene Med Immune / AZ $450 Phase III Cancer
Sanofi Hanmi $445 Reformulation Endo/Meta
Bristol-Myers Squibb Five Prime $350 Phase I Diversified
Astellas lmmunomic $300 Discovery Al/lnflam
Gilead Galapagos $300 $425 Phase II Al/lnflam
Sanofi Lexicon $300 Phase III Endo/Meta
Medlmmune / AZ. Innate $250 Phase II Cancer
Allergan Merck $250 Phase II Neurology
Novartis Aduro $200 $25 Preclinical Cancer
Celgene Juno $150 $850 Phase II Diversified
Celgene Nurix $150 Discovery Diversified
MerckKGaA lntrexon $115 Discovery Cancer
Celgene Lycera $105 Phase I Cancer
Janssen Hanmi $105 Phase I Endo/Meta
Bayer lonis (fka ISIS) $100 Phase II Cardiovascular
DiaVax Cityof Hope $100 Phase I Viral Infection
Bayer lonis (fka ISIS) $100 Phase II Hematologic
Merck NGM $914 $106 Preclinical Endo/Meta
Vertex Parion $80 Phase II PuIm/Resp

==> picture [90 x 16] intentionally omitted <==

Highlights
indicate
Phase
I
Licensing Source:
Thomson
Reuters
11
Jan
16,
“Life
Sciences
Dealmaking 2015”

19

Valuation and Licensing Deals in Immuno-Oncology

Valuation of
Companies
Licensing Deals
Company
Valuation (USDm)
Development Stage of lead drug
Agios Pharmaceuticals, Inc.
$1.829
Phase 3
Karyopharm Therapeutics, Inc.
$288
Phase 2
Dicerna Pharmaceuticals, Inc.
$68
Phase I
Immune Design Corp.
$167
Phase 2
Heat Biologics, Inc.
$14
Phase 2
Loxo Oncology, Inc.
$514
Phase I
Epizyme, Inc.
$597
Phase 2
Kite Pharma, Inc.
$2,609
Phase 1/2
Idera Pharmaceuticals, Inc.
$185
Phase 1/2
Ignyta, Inc.
$213
Phase 1/2
Inovio Pharmaceuticals, Inc.
$716
Phase 2
Five Prime Therapeutics, Inc.
$1.150
Phase I
OncoMed Pharmaceuticals,Inc.
$387
Phase 2
Mean
$672
Licensing Deals Licensing Deals
Licensing Deals Upfront (includes
equity& cash)USDm
Milestone payments
(USDm)
Upfront Payment as %
ofTotal
Total deal size
High
999.8
1835
100%
2,012.3
Mean 87.6 433 22.9% 514.6
Median 35.0 309 10.3% 363.5
Low 1.0 0 0.7% 1.0

The average total deal size is $514.6m, and the median deal size is $363.5m

==> picture [200 x 24] intentionally omitted <==

==> picture [90 x 16] intentionally omitted <==

20

Sample News Flow in the next 12 Months

==> picture [208 x 152] intentionally omitted <==

  • ü Patent
    filings
    on
    mimotopes (2H,
    2016)

  • ü Patients
    dosed
    in
    the
    Phase
    1b/2
    trial
    in
    gastric cancer
    (1H,
    2017)

  • ü Recruitment
    progress
    and
    interim
    Phase
    1b/2
    data (1H,
    2017)

==> picture [224 x 158] intentionally omitted <==

ü First
mimotope drug
candidate
identified
(1H, 2017)

ü Preclinical in
vivo/vitro
results
(2H,
2017) ü Final
Phase
1b/2
trial
readout
(2H,
2017)

HER-­‐Vaxx mimotope

==> picture [90 x 16] intentionally omitted <==

21

IMU broadens pipeline with acquisition from Baker IDI

==> picture [324 x 115] intentionally omitted <==

ü Exclusive
agreement
with
Baker
IDI

ü Oncology
rights
to
develop
a
portfolio
of
small
molecule
arginine modulators
for
cancer
treatment

ü Arginine
is
a
critical
amino
acid
for
the
health
of
cancer
fighting
T-­‐cells
and depletion
of
it
limits
the
effectiveness
of
T-­‐cells
to
fight
tumors ü Baker
IDI
compounds
increase
the
availability
of
arginine
in
the
cellular environment

ü Minimal
cost
and
resources
required
for
POC
in
2017

ü New
patent
filed
to
protect
compounds
in
the
field
of
cancer
and
immuno-­‐ oncology,
including
combination
with
checkpoint
inhibitors

==> picture [90 x 16] intentionally omitted <==

22

A Team with Track Record in Drug Development

==> picture [72 x 72] intentionally omitted <==

==> picture [72 x 72] intentionally omitted <==

==> picture [72 x 72] intentionally omitted <==

**Leslie

Chong**

_Chief

Executive
Officer_

  • Over
    19
    years
    of
    oncology
    experience
    in
    Phase

  • I
    -­‐ III
    of
    clinical
    program
    development

  • Leadership
    role
    involvement
    in
    2
    marketed

  • oncology
    products

  • Previously
    Senior
    Clinical
    Program
    Lead
    at Genentech,
    Inc.,
    in
    San
    Francisco

**Dr Axel

Hoos**

_Non-­‐Executive

Director_

  • Currently
    Vice
    President
    Oncology
    R&D
    at GlaxoSmithKline

  • Previously
    Clinical
    Lead
    on
    Ipilumimab at

  • Bristol-­‐Myers
    Squibb

  • Co-­‐Director
    of
    the
    think-­‐tank
    Cancer Immunotherapy
    Consortium; Imugene is
    his only
    Board
    seat
    worldwide

**Paul

Hopper**

_Executive

Chairman_

  • International
    &
    ASX
    biotech
    capital
    markets
    experience particularly
    in
    immuno-­‐oncology &
    vaccines

  • Chairman
    of
    Viralytics,
    Director
    of
    Prescient,

  • Founder
    of
    Polynoma LLC,
    former
    Director
    pSivida, Somnomed &
    Fibrocell Science

  • Head
    of
    Life
    Sciences
    Desk
    &
    Australia
    Desk
    at
    Los Angeles-­‐based
    investment
    bank,
    Cappello Group

==> picture [72 x 72] intentionally omitted <==

==> picture [72 x 72] intentionally omitted <==

==> picture [72 x 72] intentionally omitted <==

Prof
Ursula
Wiedermann
Chief
Scientific
Officer

  • Co-­‐inventor
    of
    Her-­‐Vaxx;
    inventor
    of

  • mimotope platform
    technology

  • Professor
    of
    Vaccinology at
    Medical
    University of
    Vienna

**Dr Nick

Ede**

Chief
Technology
Officer

  • Over
    25
    years
    peptide
    vaccine
    and
    drug development

  • Former
    CTO
    Consegna,
    CEO
    Adistem Ltd,
    CEO Mimotopes P/L,
    COO
    EQiTX Ltd
    (ZingoTX & VacTX)

  • VP
    Chemistry
    Chiron
    (now
    Novartis),
    Research Fellow
    CRC
    Vaccine
    Technology

**Dr Anthony

Good**

_Clinical

Program
Manager_

  • Over
    15 years
    oncology
    &
    immunology experience
    in
    global clinical development programs.
    Integral
    to
    the development
    of
    significant
    new
    medicines including
    Viagra,
    Revatio,
    Lipitor, Selzentry and
    Somavert.

  • Ex Pfizer
    Global
    Research
    and
    Development, Covance
    Clinical
    and
    Periapproval Services and
    Western
    Sydney
    University

==> picture [90 x 16] intentionally omitted <==

23

Business Strategy and Partnering Opportunities

2017 2017-­‐2018

2017-­‐2018?

==> picture [184 x 83] intentionally omitted <==

----- Start of picture text -----

Phase
1b
Gastric
Study
----- End of picture text -----

==> picture [136 x 84] intentionally omitted <==

----- Start of picture text -----

Big
Pharma?
----- End of picture text -----

License
/Partner

==> picture [90 x 16] intentionally omitted <==

24

Our Stock

ASX:IMU, ISIN: AU000000IMU9

Market Cap $32.5M AUD, $23.5M USD
(22/Dec/16)
Ordinary Shares
12 month price range
2.17 billion
0.7 cents – 2.1 cents AUD
Avg daily volume 10.5M shares (last three months)
Investment to Date ~$12.2 m
Cash & Equivalents $3.82M as of 22/Dec/2016

Options on issue (as at Dec. 2016)

No of options Exercise Price Expiry
Listed (IMUO) 371,166,262 $0.015 31-Mar-17
Unlisted 49,000,000 $0.0173* 30-Oct-17*
TOTAL 420,166,262 $0.0155* 18-May-17*

Substantial holders (as at Dec. 2016)

No. of Shares % Capital
Platinum Asset 213,846,553 9.88%
Management
Webinvest Pty Ltd 101,000,000 4.66%
National Nominees
Limited
66,424,732 3.07%
Tisia Nominees 65,666,666 2.39%
Sarah Cameron 51,817,073 1.39%
  • Average

==> picture [90 x 16] intentionally omitted <==

25

IMU’s Value Proposition

  • ü Promising
    science
    with
    impeccable
    provenance in
    the
    hottest
    area
    of
    cancer
    today
    – immuno oncology

==> picture [206 x 111] intentionally omitted <==

  • ü Broad
    Pipeline:
    HER-­‐Vaxx &
    Mimotopes

ü Breast
Cancer
clinical
trial
complete
&
on
the
cusp
of recruitment
on
our
second
Phase
1b/2
clinical
trial
in gastric
cancer

  • ü Tight
    share
    register
    with
    leading
    Fund
    Manager, Platinum
    Asset
    Management

  • ü Frequent,
    rich,
    quality
    news
    flow
    ahead

  • ü Axel
    Hoos Sr.
    VP
    of
    immuno – oncology
    at
    GSK,
    plus team
    with
    successful
    track
    record
    in
    drug development

  • ü Low
    market
    cap
    -­‐ undervalued
    against
    ASX
    peers

==> picture [90 x 16] intentionally omitted <==

26

Contact

Leslie
Chong Chief
Executive
Officer [email protected] +61
458
040
433

==> picture [227 x 41] intentionally omitted <==

ASX:IMU

27

Appendix

==> picture [90 x 16] intentionally omitted <==

28

Imugene Science Advisory Board

Christoph Zieliniski

MD

  • Director, Clinical Division of Oncology and Chairman, Department of Medicine at Medical University Vienna, Austria.

  • Coordinator of the Comprehensive Cancer Center at Medical University Vienna and the General Hospital in Vienna, Austria.

  • President, Central European Cooperative Oncology Group (CECOG).

Ursula Wiedermann

MD, PhD

  • Chief Science Officer

  • Professor of Vaccinology and Head of the Institute of Specific Prophylaxis and Tropical Medicine of the Medical University Vienna.

  • Speaker of the newly founded Centre for Geographic Medicine at the Medical University Vienna

Neil Segal

MD, PhD

  • Oncologist at the Memorial Sloan Kettering Cancer Center.

  • He holds a Doctorate of Medicine and Philosophy from University of the Witwatersrand in South Africa.

Yelena Janjigian

MD

  • Medical
    oncologist
    at
    the
    Memorial
    Sloan
    Kettering
    Cancer

  • Specializes
    in
    the
    treatment
    of
    malignancies
    of
    the
    gastrointestinal
    tract, including
    esophagus
    and
    stomach
    cancers.

==> picture [90 x 16] intentionally omitted <==

29

Phase Ia Study Design*

Administration & Readout Schedule

==> picture [390 x 166] intentionally omitted <==

----- Start of picture text -----

D0 D28 D56 D84
----- End of picture text -----

==> picture [17 x 61] intentionally omitted <==

==> picture [56 x 64] intentionally omitted <==

Blood draw

Vaccination with 10μg of each peptide antigen

**Patient

inclusion criteria**

  • Metastatic breast cancer

  • HER2
    +,
    ++

  • ER/PR
    pos.

  • Life
    expectance >
    4
    mo

**Primary

endpoint**

  • Safety &
    Tolerability

Secondary endpoint

  • Immunogenicity

  • Specific antibodies

  • Cellular responses

  • Breast
    Cancer
    Res
    Treat.
    2010
    Feb;119(3):673-­‐83.

==> picture [90 x 16] intentionally omitted <==

30

Patient Characteristics – Ages 55-84 *

Patient ID Age Metas. disease since Prior chemotherapy Current antihormonal therapy
1 55 Oct. 2006 no Anastrozol
2 66 May 2004 yes (1 adj) Fulvestrant
3 84 Mar. 1999 no Anastrozol
4 79 Sept. 2003 no Anastrozol
5 67 Apr. 2004 no Fulvestrant
6 69 Sept. 2004 no Anastrozol
7 60 Aug. 2002 yes (3 met) Fulvestrant
8 76 Apr. 1999 no Fulvestrant
9 63 Jun. 2006 yes (1 met) Exemestan
10 70 Apr. 2008 No Anastrozol

==> picture [90 x 16] intentionally omitted <==

  • Breast Cancer Res Treat. 2010 Feb;;119(3):673-­83.

31

Safety and Tolerability – Few Grade 1 Local Reactions, None Systemic*

Patient ID Local vaccination reaction grade Systemic grade 3/4 toxicity
1 1 no
2 0 no
3 0 no
4 1 no
5 1 no
6 0 no
7 0 no
8 0 no
9 1 no
10 0 no
  • Breast Cancer Res Treat. 2010 Feb;;119(3):673-­83.

==> picture [90 x 16] intentionally omitted <==

32

Phase 1 Secondary Endpoint – Immunologic Responses

Cellular responses show Th2 profile

==> picture [524 x 266] intentionally omitted <==

----- Start of picture text -----

80 3
70
60 1 2 3 4
2
50
40 185 kDa
30 1
20
10
0 0
pre- post- pre- post- pre- post- kappa IgG lambda IgG
P4 P6 P7
140 P<0.05 800 800
120 700 700
600 600
100
500 500
80
400 400
60
300 300
40 200 200
20 100 100
0 0 0
pre- post- pre- post- pre- post-
eptide ab titer
p
H er-2/neu ab titer increase
pg/ml pg/ml
α γ
IL-2 pg/ml TNF- IFN-
----- End of picture text -----

  • 8/ ~~10 developed significant anti-p~~ ep ~~tide antibody levels~~

  • In
    all
    but
    one
    the
    antibodies
    were
    also
    directed
    against
    Her-­‐2/neu

  • The
    majority
    also
    showed
    a
    4-­‐fold
    increase
    in
    influenza
    titres (HI)

  • Breast Cancer Res Treat. 2010 Feb;;119(3):673-­83.

==> picture [90 x 16] intentionally omitted <==

33

Reduction in Regulatory T Cells*

==> picture [567 x 289] intentionally omitted <==

----- Start of picture text -----

pre-vaccination post-vaccination
p=0.033 Data.026
10.0 p=0.007 60.841.06 29.788.32 65.780.86 25.797.58
7.5 Pat 01
5.0
1 0 [0] 10 [1] 10 [2] 10 [3] 10 [4] 10 [0] 10 [1] 10 [2] 10 [3] 10 [4]
10 [0] 10 [1] CD25 PE10 [2] 10 [3] 10 [4]
2.5
2.29 6.21 1.31 4.36
64.26 27.24 73.22 21.10
0.0
pre- post- pre- post- Pat 02
patients normal donors
10 [0] 10 [1] 10 [2] 10 [3] 10 [4] 10 [0] 10 [1] 10 [2] 10 [3] 10 [4]
0.77 2.51 0.94 2.12
• 87.16 9.56 88.74 8.20
Significantly
higher
number
of
Normal
CD4+Foxp3+
regulatory
T
cells
in
tumour patients
than
healthy
controls donor

Vaccination
significantly
reduced
T
reg CD4+CD25+
cells
in
both
groups
p
CD4+Foxp3+
%CD4+CD25+Foxp3+
----- End of picture text -----

  • Vaccination
    significantly
    reduced
    T
    reg cells
    in
    both
    groups

  • Breast Cancer Res Treat. 2010 Feb;;119(3):673-­83.

==> picture [90 x 16] intentionally omitted <==

34

Excellent Immunogenicity, even at low dose, and in Patients ages up to 84 years, with no Cardiotoxicity

Antibody and cellular responses in human

Pat.
1
2
3
# Peptide-
specific ab
P4, P6, P7
↑ ↑↑
↑ ↑ ↑
↑ ↑ ↑
HER2-
specific
ab


↑ (+/-)
Infl.
HIT
-

-
IL-2, IFNγ,
TNF
-
-
-
↑ ↑ ↑
↑ -
-
T reg


4
5
↑ ↑ ↑
↑ ↑ ↑


-
↑ ↑
↑ ↑ ↑

6
7
8
9
10
-
-
-
↑ ↑ ↑
↑ ↑ ↑
↑ +/- +/-
-
-
-
-

↑ (+/-)

-
-



-
↓ ↓ ↓
-
-
-
↑ ↑ -
↑ ↑ ↑
+/- ↓ +/-




  • Strong
    immunogenicity
    in
    8/10 patients
    in
    Phase
    1
    study
    with 10
    μg of peptide antigen

  • Good
    correlation
    with
    cellular responses
    (cytokines)

  • Safe
    and
    well
    tolerated,
    in particular
    no
    cardiotoxicity

  • Protective
    efficacy
    of
    peptides demonstrated
    in
    preclinical tumor
    model
    in
    mice
    showing delay
    of
    onset
    and
    reduced tumor
    growth

HER-­Vaxx breast cancer vaccine – Phase 1 trial 10 μg group

  • Breast
    Cancer
    Res
    Treat.
    2010
    Feb;119(3):673-­‐83.

==> picture [90 x 16] intentionally omitted <==

35

Tumor Growth Inhibition in vivo *

Time to disease progression

Days after randomization

Preclinical study with tetanus toxoid–conjugated peptide antigens

d
65 d
170 d
235

  • Prolonged
    time
    to disease
    progression

  • Immunization of c-­‐neu transgenic mice (recognized HER2
    cancer model)
    with tetanus toxoid-­‐conjugated peptides P4,
    P6
    and P7

  • Vaccinated animals show significant delay in
    tumor onset and reduced growth kinetics

  • Co-­‐administration
    of IL-­‐12 further improves the vaccine performance

  • Breast Cancer Res Treat. 2010 Feb;;119(3):673-­83.

==> picture [90 x 16] intentionally omitted <==

36

No toxicity, in Particular No Cardiotoxicity

Rat cardiomyocytes

==> picture [348 x 240] intentionally omitted <==

  • Repeat
    dose
    toxicity
    study
    with TT-­‐conjugated
    peptides
    in
    mice

  • Repeat
    dose
    toxicity
    study
    with HER-­‐Vaxx
    in
    rats

  • Local
    tolerability
    &
    immuno-­‐ genicity
    study
    with
    HER-­‐Vaxx
    in rabbits

  • In
    vitro
    toxicity
    study
    with purified
    serum
    from
    immunized animals
    on
    rat
    cardiomyocytes

In vitro toxicity study on rat cardiomyocytes

  • Breast Cancer Res Treat. 2010 Feb;;119(3):673-­83.

==> picture [90 x 16] intentionally omitted <==

37

Contact

Leslie
Chong Chief
Executive
Officer [email protected] +61
458
040
433

==> picture [227 x 41] intentionally omitted <==

ASX:IMU

38