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© 2017 Immunovaccine Inc. All rights reserved. DepoVax TM : A novel delivery formulation for cancer immunotherapy and infectious disease vaccines May 10, 2017

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Page 1: delivery formulation for cancer - biotech · • Collaboration between Immunovaccine, VIB (Belgium) and the Canadian Center for Vaccinology • Immunovaccine has exclusive worldwide

© 2017 Immunovaccine Inc. All rights reserved.

DepoVaxTM: A novel delivery formulation

for cancer immunotherapy and infectious disease

vaccines

May 10, 2017

Page 2: delivery formulation for cancer - biotech · • Collaboration between Immunovaccine, VIB (Belgium) and the Canadian Center for Vaccinology • Immunovaccine has exclusive worldwide

The DepoVax™ Platform

• A patented oil-based formulation – NOT an adjuvant

• Creates powerful vaccines to treat cancer and protect against infectious diseases

• A novel mechanism of action: no release formulation

• Lead cancer immunotherapy (DPX-Survivac) in combination immunotherapy trials

• Phase 1 study for Respiratory Syncytial Virus (RSV) completed

© 2017 Immunovaccine Inc. All rights reserved.2

Page 3: delivery formulation for cancer - biotech · • Collaboration between Immunovaccine, VIB (Belgium) and the Canadian Center for Vaccinology • Immunovaccine has exclusive worldwide

DepoVax™

Encapsulate in a Liposome

+ Lyophilize + Suspend in Oil

Proprietary Platform & Products

• Protection and prolonged exposure of antigens to the immune system

• Broad applications

• Established GMP manufacturing process

• Years of shelf life stability

• Survivin cancer target

– Recognized as one the most promising target

– 20+ indications

• RSV candidate vaccine

– No vaccine on market

– Next blockbuster vaccine

DPX - Survivac

DPX - RSV

© 2017 Immunovaccine Inc. All rights reserved.3

Page 4: delivery formulation for cancer - biotech · • Collaboration between Immunovaccine, VIB (Belgium) and the Canadian Center for Vaccinology • Immunovaccine has exclusive worldwide

Day 1 Day 14Day 7

Clearance Antigen from DepoVax vs. Emulsion Formulations using Iron Labelling and MRI Imaging

Emulsion

DepoVax

0

0.2

0.4

0.6

0.8

1

1.2

7 17 27 37 47No

rmalized

%o

f ir

on

-la

bele

d R

9F

re

main

ing

Days Post-Vaccination

DepoVax

Emulsion

Iron concentration

Brewer et al, 2014 Vaccine 32:6956

© 2017 Immunovaccine Inc. All rights reserved.4

Page 5: delivery formulation for cancer - biotech · • Collaboration between Immunovaccine, VIB (Belgium) and the Canadian Center for Vaccinology • Immunovaccine has exclusive worldwide

DPX-Survivac: Phase 1 Trial in Ovarian Cancer

Cohort A: 0.5 mL DPX-Survivac (N=7)

Cohort B: 0.1 mL DPX-Survivac

+ low dose Cyclophosphamide (N=6)

Cohort C: 0.5 mL DPX-Survivac

+ low dose Cyclophosphamide (N=6)

Non-randomized, Dose Finding: Immune Monitoring:

• Antigen specific IFNg ELISpot

• CD8+ Tetramer

• Polyfunctionality by ICS

• Gene up-regulation by exploratory mRNA

analysis

• Markers (CA-125, MDSC, Treg, B cells)

Screening Treatment Follow up

Study Day: -7 0 7 14 21 28 35 42 49 56 70 98 119 126 210

DPX-Survivac:

Cyclophosphamide:

PBMC Collection:

Berinstein et al. OncoImmunology, 2015

© 2017 Immunovaccine Inc. All rights reserved.5

Page 6: delivery formulation for cancer - biotech · • Collaboration between Immunovaccine, VIB (Belgium) and the Canadian Center for Vaccinology • Immunovaccine has exclusive worldwide

High Levels of Sustained Immune Response are Induced by DPX-Survivac in Ovarian Cancer Subjects

• Immunogenicity enhanced with low dose oral cyclophosphamide, dose response observed

Berinstein et al. OncoImmunology, 2015

© 2017 Immunovaccine Inc. All rights reserved.6

Page 7: delivery formulation for cancer - biotech · • Collaboration between Immunovaccine, VIB (Belgium) and the Canadian Center for Vaccinology • Immunovaccine has exclusive worldwide

Clinical Results in Ovarian Cancer

• Ongoing Phase 1b study testing multiple dosing regimens

• Secondary objective is to determine if there any evidence of clinical regression based upon standard of care investigations and CA-125

ASCO 2014, 2015

Sept 2013

May 2014

3.30 cm

5.61 cm

CA-125 Response

Immune Response

Baseline

8 months

© 2017 Immunovaccine Inc. All rights reserved.7

Page 8: delivery formulation for cancer - biotech · • Collaboration between Immunovaccine, VIB (Belgium) and the Canadian Center for Vaccinology • Immunovaccine has exclusive worldwide

Summary of DPX-Survivac Results in OvC

• DPX-Survivac safety/ immunogenicity in cancer patients

- Sustained polyfunctional antigen-specific CD8 + T central memory and differentiated CD8+ T cells induced

- High immune responder rate, statistically significant T cell immunity dose response demonstrated by multiple assays

- Injection site reactions observed in the majority of patients, criteria established to manage these local on target side effects and limit their occurrence/ severity

• DPX-Survivac clinical signal in cancer patients

- A trend of delayed progression observed in patients treated with combination therapy

- Clinical activity in combination with cyclophosphamide documented in a patient with measurable disease and rising CA-125

- Indications from clinical samples that increases in checkpoint inhibitor targets are seen, supporting use of combination immunotherapy.

© 2017 Immunovaccine Inc. All rights reserved.8

Page 9: delivery formulation for cancer - biotech · • Collaboration between Immunovaccine, VIB (Belgium) and the Canadian Center for Vaccinology • Immunovaccine has exclusive worldwide

Combination immunotherapy is key to more effective treatment

Combination immunotherapy is the way forward to maximize the number of patients who will see durable responses

The majority of clinical trials in immuno-oncology are focused on the combination of a checkpoint inhibitor with another type of immunotherapy

Ai et al. CII 2015;64:885-892

© 2017 Immunovaccine Inc. All rights reserved.9

Page 10: delivery formulation for cancer - biotech · • Collaboration between Immunovaccine, VIB (Belgium) and the Canadian Center for Vaccinology • Immunovaccine has exclusive worldwide

Animal results support testing combinations in the clinic

Blockade of PD-1:PD-L1 Increases Control of Established Tumors with DepoVax + mCPA

Immunotherapy with anti-PDL1

Perc

en

t su

rviv

al

0 10 20 30 40 50 60 70 800

20

40

60

80

100

Untreated

DPX/ mCPA

DPX/ mCPA/ isotype

DPX/ mCPA/ anti-PDL1

mCPA:

DPX:

Antibody:

Study Day:

***

***

Immunotherapy with anti-PD1P

erc

en

t su

rviv

al

0 10 20 30 40 50 60 70 800

20

40

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100

Untreated

mCPA/ anti-PD1

DPX/ mCPA/ isotype

DPX/ mCPA/ anti-PD1

mCPA:

DPX:

Antibody:

Study Day:

****

**

**

Weir, JITC, 2016

© 2017 Immunovaccine Inc. All rights reserved.10

Page 11: delivery formulation for cancer - biotech · • Collaboration between Immunovaccine, VIB (Belgium) and the Canadian Center for Vaccinology • Immunovaccine has exclusive worldwide

Anti-PD-1 Did Not Further Increase Immune Infiltration to Tumor

Weir, JITC, 2016

© 2017 Immunovaccine Inc. All rights reserved.11

Page 12: delivery formulation for cancer - biotech · • Collaboration between Immunovaccine, VIB (Belgium) and the Canadian Center for Vaccinology • Immunovaccine has exclusive worldwide

Anti-PD-1 Increases Clonality of T cells Infiltrating the Tumor

Weir, JITC, 2016

© 2017 Immunovaccine Inc. All rights reserved.12

Page 13: delivery formulation for cancer - biotech · • Collaboration between Immunovaccine, VIB (Belgium) and the Canadian Center for Vaccinology • Immunovaccine has exclusive worldwide

Ongoing Combination Clinical Trials

Phase 1b: DPX-Survivac + IDO1 inhibitor

• DPX-Survivac + epacadostat in recurrent ovarian cancer

• Platinum resistant and sensitive subjects who have completed first-line treatment with any number of subsequent lines of therapy

• Must have evidence of progressive disease, measureable by RECIST v 1.1

• 16 evaluable patients, single arm, open-label, safety and effectiveness study

• Company sponsored - Immunovaccine leading the trial

• Up to 10 sites in US and Canada

• Interim results: Q1 2017

Phase 2: DPX-Survivac + anti-PD-1

• DPX-Survivac + pembrolizumab (anti-PD-1) in recurrent ovarian cancer

• Platinum resistant and sensitive subjects who have completed first-line treatment with no more than 4 lines of previous therapy

• Must have radiologic evidence of progressive disease, measurable by RECIST v 1.1

• Up to 42 subjects, non-randomized, open-label efficacy study

• Investigator sponsored - Princess Margaret Hospitalleading the study, funded by Merck

• Sites in Canada

• Anticipated start: March 2017

© 2017 Immunovaccine Inc. All rights reserved.13

Page 14: delivery formulation for cancer - biotech · • Collaboration between Immunovaccine, VIB (Belgium) and the Canadian Center for Vaccinology • Immunovaccine has exclusive worldwide

RSV SHe Vaccine Development

• Collaboration between Immunovaccine, VIB (Belgium) and the Canadian Center for Vaccinology

• Immunovaccine has exclusive worldwide license from VIB on SHeprotein patent family (WO 2012/065997 A1)

• Scientific advisors

- Dr Joanne Langley (Principal Investigator) Department of Pediatrics , Department of Community Health and Epidemiology at Dalhousie University

- Dr Scott Halperin, Director of the Canadian Center for Vaccinology

- Dr Xavier Saelens, VIB Medical Biotechnology Center

- Dr Barney Graham, Senior Investigator. Viral Pathogenesis Laboratory. NIAID/VRC

© 2017 Immunovaccine Inc. All rights reserved.14

Page 15: delivery formulation for cancer - biotech · • Collaboration between Immunovaccine, VIB (Belgium) and the Canadian Center for Vaccinology • Immunovaccine has exclusive worldwide

Small Hydrophobic Protein (SH)

© 2017 Immunovaccine Inc. All rights reserved.15

Page 16: delivery formulation for cancer - biotech · • Collaboration between Immunovaccine, VIB (Belgium) and the Canadian Center for Vaccinology • Immunovaccine has exclusive worldwide

DPX-RSV: First-in-man SHe based RSV vaccine

• Advantages to formulation in DepoVaxTM

- Only oil formulation that facilitates microdosing (50 µl)

- Ability to remove requirement for KLH coupling

- Ability to customize adjuvant to desired immune response

© 2017 Immunovaccine Inc. All rights reserved.16

Page 17: delivery formulation for cancer - biotech · • Collaboration between Immunovaccine, VIB (Belgium) and the Canadian Center for Vaccinology • Immunovaccine has exclusive worldwide

Investigator Driven Phase 1 Clinical Trial

Objectives

• To demonstrate that a single dose plus booster of a novel RSV antigen(SHe) combined with DepoVaxTM is well tolerated by healthyparticipants 50-64 years of age

- Demonstrate good tolerability of first dose

- If a single dose of DPX-RSV(A) is well tolerated, demonstrate thata booster (second) dose is well tolerated

• To determine if antibody to the novel antigen can be produced followingone or two doses of DPX-RSV(A) vaccine

Design

• randomized, observer-blind, controlled, multi-arm parallel group trial

• 2:2:1 randomized to DPX: Alum:Placebo (N=8:8:4 for 10 µg and 25µgdose level)

• Safety features: staggered enrolment and dose escalation

• N = 40

© 2017 Immunovaccine Inc. All rights reserved.17

Page 18: delivery formulation for cancer - biotech · • Collaboration between Immunovaccine, VIB (Belgium) and the Canadian Center for Vaccinology • Immunovaccine has exclusive worldwide

Safety summary

• Most common solicited local AE was pain at injection site

- 14/15 had grade 1 pain

- no increase in pain with second dose

• Common solicited general AE were drowsiness and muscle aches

- 7 rated grade 1 and 1 rated Grade 3

- Unsolicited AE occurred in all groups

- No pIMD

- No SAE

Langley et al, ID Week 2016

© 2017 Immunovaccine Inc. All rights reserved.18

Page 19: delivery formulation for cancer - biotech · • Collaboration between Immunovaccine, VIB (Belgium) and the Canadian Center for Vaccinology • Immunovaccine has exclusive worldwide

Circulating immune response to SH persists for greater than one year post booster vaccination with DPX-RSV

Step 2 D28

DPX-RSV(A) RSV(A)-Alum Placebo0

1

2

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En

dp

oin

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Step 2 D56

DPX-RSV(A) RSV(A)-Alum Placebo0

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DPX-RSV(A) RSV(A)-Alum Placebo0

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DPX-RSV(A) RSV(A)-Alum Placebo0

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Step 2 D421

DPX-RSV(A) RSV(A)-Alum Placebo0

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dp

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Step 2 D236

DPX-RSV(A) RSV(A)-Alum Placebo0

1

2

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4

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En

dp

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og

Tit

er

Langley et al, ID Week 2016

© 2017 Immunovaccine Inc. All rights reserved.19

Page 20: delivery formulation for cancer - biotech · • Collaboration between Immunovaccine, VIB (Belgium) and the Canadian Center for Vaccinology • Immunovaccine has exclusive worldwide

Antigen specific ELISA correlates with functional immune assays

100 1000 100000.0

0.2

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1.0

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1.4

1.6

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2.0SD0

SD7

SD28

SD56

SD63

SD84

Serum dilution

OD

(450n

m)

0 20 40 60 80 1000

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15

Study day:

Immunization:

MF

I o

f G

FP

+/

MF

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f G

FP

-

SHe ELISA (IgG) SH binding assay Phagocytosis Assay

Langley et al, ID Week 2016

© 2017 Immunovaccine Inc. All rights reserved.20

Page 21: delivery formulation for cancer - biotech · • Collaboration between Immunovaccine, VIB (Belgium) and the Canadian Center for Vaccinology • Immunovaccine has exclusive worldwide

Summary

• Vaccination with a DepoVaxTM-based RSV vaccine targeting SH protein had an acceptable safety profile with no serious AEs reported

• Vaccination with DPX-RSV(A) generated antigen-specific immune responses in the majority of vaccinated subjects, including 75% of patients vaccinated at the 10 µg dose and 100% Of patients at the 25 µg dose. Greater than 60% of subjects demonstrated antigen specific immune responses prior to the second vaccination, in both dose levels.

• Preliminary data with exploratory assays confirm the binding of antigen-specific antibodies to the RSV SH protein, and their ability to stimulate macrophage phagocytosis

Langley et al, ID Week 2016

© 2017 Immunovaccine Inc. All rights reserved.21

Page 22: delivery formulation for cancer - biotech · • Collaboration between Immunovaccine, VIB (Belgium) and the Canadian Center for Vaccinology • Immunovaccine has exclusive worldwide

© 2017 Immunovaccine Inc. All rights reserved.

Immunovaccine Inc.

1344 Summer Street, Suite 412

Halifax, Nova Scotia, B3H 0A8

Tel: 902.492.1819

Fax: 902.492.0888