SPT — Investor Presentation 2020

Dec 1, 2020

1789 TT

ScinoPharm

December 1, 2020

Disclaimer

This material has been prepared by ScinoPharm Taiwan, Ltd. (“ScinoPharm”).

Any opinions expressed in this material are subject to change without notice as a result of using different assumptions. ScinoPharm is under no obligation to update or keep current the information contained herein. The information contained in this presentation is ScinoPharm’s confidential information.

Any disclosure, copying, distribution or any action taken or omitted to be taken in reliance on it is prohibited and may be unlawful.

No representation or warranty , express or implied, is or will be made in or in relation to, and no responsibility or liability is or will be accepted by the Company as to , the accuracy or completeness of this material and any liability therefore is hereby expressly disclaimed.

Statements made in this material include forward-looking statements, which include, without limitation, statements about the issues, plans and expectations of ScinoPharm. Without limiting the foregoing, statements including the words “believes”, “anticipates”, “plans”, “expects” and similar expressions are also forward-looking statements. Forward-looking statements reflect, among other things, management’s plans and objectives for future operations, current views with respect to future events and future economic performances and projections of various financial items. These forward-looking statements involve known and unknown risks , uncertainties and other factors which may cause actual results to differ materially from those implied by such forward-looking statements.

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Table of Content

 Business Overview

 Business Update

 2020 Product Approval Plan

 Operating Results

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Business Overview

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ScinoPharm at a Glance

• Est. in 1997 in Taiwan (Tainan) with cGMP plants/R&D in Tainan and Changshu and marketing forces in Tainan, Shanghai and Tokyo

• Listed on TWSE in 2011 with market cap of c. USD 806 million as of 2020/09/30. Major shareholders include Uni-President Group, National Development Fund and Taiwan Sugar Corporation

• Specializes in high potency (cytotoxic/steroid) API and injectable R&D and manufacturing with customers worldwide

 73 generic APIs in portfolio with 32 referred and approved by ANDA/NDA. 856 active DMFs worldwide with 62 US DMFs  Certified by key international regulators - US FDA, EMA, EDQM, Australian TGA, Japanese PMDA, Korea KFDA, Mexico COFEPRIS and German Authority*

*** Data as of 2020/09/30**

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Progress of Three Key Businesses

 3Q 2020 revenue of NTD 2,209 million, up 7% YoY, with net profit of NTD 274 million, up 63% YoY, and EPS NTD 0.35

Generic API

Drug Product

CDMO

• Strengthen sales &

• production coordination • Maximize production advantage in two sites

• Develop economy scale

• of core products

3 outsourcing drug product launched

Submitted 1st ANDA of in-house prefilledsyringe product to FDA in May

One CDMO product (MAA) approved by EMA

Two CDMO products submitted to EMA and FDA by customers

Leverage US/EU experiences to expand Japan & China markets

Completed registration batches of 1st pen device and liquid solution in March and July

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Integrate Production Resources in Two Sites

 External Market

• Adjust for market segmentation and supply chain change in the post-pandemic period

 Changshu to focus on FDA/CFDI dual filing customers for API business under MAH regulation

• CFDI completed on-site inspection of Changshu site in September

• Internal Resources

Allocate resources based on product features and two sites’ advantage

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Business Update

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Business Strategies

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Advancing to
Injectables
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Optimize
Existing Generic
API Portfolio
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Expand CDMO
Business
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Actively Develop Japan, China and Emerging Markets
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Advancing to Injectables

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Oral Solids
Extended Release
Oral Solids
Immediate Release
APIs
Dermatological
Semi-Solids
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Peptides
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Sterile
Injectables
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Pen Injectors
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Otics & Opthalmics Respiratory Devices

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Higher entry barriers due to more tech, IP and regulatory requirements
lead to more value
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In-House Injectables Portfolio  12 drug products under development

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5 3
2 2
Data as of 2020/09/30
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Existing Generic API Portfolio

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37
40
Pipeline
35 Approved
30
19
25
20
12
15
10 18 7 6 6
5 4 2 3 2 2 2 2 1
5 2 4 3 2 1 1 2 2 1
0
Data as of 2020/09/30
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CDMO Business

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12
12
10
10
8
6
7
8
1
6
SciAnda (Changshu)
6
ScinoPharm Taiwan
4 7 7
6
4
2
0
Phase 1 Phase 2 Phase 3 Commercial
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Data as of 2020/09/30

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2020 Product Approval Plan

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2020 Product Approval Plan (I)

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Type	Product	Region	Indication	Brand Marketer
Generic API	Capecitabine	CN( )	Various cancers	Roche
Generic API	Dantrolene Sodium	CN( )	Skeletal Muscle Relaxant	Par Sterile Products
Generic API	Tamsulosin HCl	CN( )	Benign prostatic hyperplasia (BPH)	Sanofi Aventis
Generic API	Irinotecan HCl	CN	Colorectal cancer	Pfizer
Generic API	Fondaparinux Sodium	CN	Anti-thrombotic	Mylan
Generic API	Anastrozole	CN	Breast cancer	ANI Pharmaceuticals
Generic API	Sodium Phenylbutyrate	CN	Urea cycle disorders	Horizon Therapeutics
Generic API	Azilsartan	CN	Hypertension	Arbor Pharmaceuticals

：Approved

Data as of 2020/09/30

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2020 Product Approval Plan (II)

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Type	Product	Region	Indication	Brand Marketer
Generic API	Galantamine HBr	JP( )	Alzheimer’s disease	Janssen
Generic API	Topiramate	JP	Anti-convulsant	Janssen
Generic API	Topiramate	EU	Weight management	Vivus
(*)Generic API	Pemetrexed Disodium 7H2O CEP	EU	Non-small cell lung cancer	Eli Lilly
Generic API	Fulvestrant	US	Breast cancer	AstraZeneca
CDMO API	Donafenib	CN	Cancer	Suzhou Zelgen
CDMO API	Quofenix	EU( )	Anti-biotic	Menarini

：Approved

*： Collaborative project with partner for drug product development

Data as of 2020/09/30

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Operating Results

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Consolidated Income Statement

In NTD Million, except for EPS	3Q 2020 (Reviewed)	3Q 2020 (Reviewed)	YoY	3Q 2019 (Reviewed)	3Q 2019 (Reviewed)
Revenue	2,209	100%	7%	2,073	100%
Gross Profit	1,058	48%	18%	896	43%
Operating Profit	354	16%	69%	210	10%
Net Profit before Tax	346	16%	67%	208	10%
Net Profit after Tax	274	12%	63%	168	8%
EPS (NTD)	0.35	-	-	0.21	-

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3Q 2020 Sales Distribution

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China
Drug India Others
CDMO
Product 3%
13% 7%
23%
5%
US+Canada
Japan
20%
16%
Generic
EU
API
41%
72%
Others
by Business CNS 7% by Region
28%
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by Indication

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Sales Distribution – YoY

B Business Unit: USD y Generic API CDMO Drug Product 3Q 2020 Sales 53.4M 17.2M 3.5M YoY -2.2% 56.2% 192.4%

B Business y

B Indication y

Oncology CNS Others 3Q 2020 Sales 47.9M 20.9M 5.3M YoY 4.2% 57.9% -29.9%

By Region

US & EU Japan India China Others Canada 3Q 2020 Sales 30.4M 14.5M 12.1M 9.8M 2.1M 5.2M YoY 42.4% 9.3% -12.4% -2.2% 22.8% -21.5%

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Consolidated Balance Sheet

In NTD Million	2020/9/30 (Reviewed)	2020/9/30 (Reviewed)	2019/9/30 (Reviewed)	2019/9/30 (Reviewed)
Cash and Cash Equivalents	3,759	31%	3,143	27%
Accounts Receivable	468	4%	439	4%
Inventories	1,350	11%	1,238	10%
Property, Plant & Equipment	4,211	35%	4,501	39%
Other Current/Non-Current Assets	2,212	19%	2,401	20%
Total Assets	12,000	100%	11,722	100%
Financial Debt	244	2%	271	2%
Other Current Liabilities	638	6%	472	4%
Other Non-Current Liabilities	633	5%	669	6%
Total Liabilities	1,515	13%	1,412	12%
Total Shareholders' Equities	10,485	87%	10,310	88%

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Consolidated Cash Flow Statement

In NTD million	3Q 2020 (Reviewed)	3Q 2019 (Reviewed)
From Operating Activities	616	636
From Investing Activities	51	(160)
From Financing Activities	(210)	(1,545)
Effect of foreign exchange rate changes	(3)	9
Net Change in Cash	454	(1,060)
Beginning Balance	3,305	4,203
Ending Balance	3,759	3,143

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Q & A

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Brand Quality with Asian Advantages

www.scinopharm.com

1789 TT

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