sorrento therapeutics, inc....sorrento therapeutics, inc. (the “company”) intends to conduct...

36
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): October 4, 2013 SORRENTO THERAPEUTICS, INC. (Exact name of registrant as specified in its charter) 6042 Cornerstone Ct. West, Suite B San Diego, CA 92121 (Address of principal executive offices) Registrant’s telephone number, including area code: (858) 210-3700 (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: Delaware 000-52228 33-0344842 (State or other jurisdiction of incorporation or organization) (Commission File Number) IRS Employer Identification No.) Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

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Page 1: SORRENTO THERAPEUTICS, INC....Sorrento Therapeutics, Inc. (the “Company”) intends to conduct meetings with third parties in which its corporate slide presentation will be presented

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K

CURRENT REPORT Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): October 4, 2013

SORRENTO THERAPEUTICS, INC. (Exact name of registrant as specified in its charter)

6042 Cornerstone Ct. West, Suite B San Diego, CA 92121

(Address of principal executive offices)

Registrant’s telephone number, including area code: (858) 210-3700

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Delaware 000-52228 33-0344842(State or other jurisdiction

of incorporation or organization) (Commission File Number)

IRS Employer Identification No.)

� Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

� Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

� Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

� Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Page 2: SORRENTO THERAPEUTICS, INC....Sorrento Therapeutics, Inc. (the “Company”) intends to conduct meetings with third parties in which its corporate slide presentation will be presented

Sorrento Therapeutics, Inc. (the “Company”) intends to conduct meetings with third parties in which its corporate slide presentation will be presented. The Company’s presentation is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

The information contained in this Item 7.01, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be incorporated by reference in any registration statement filed under the Securities Act of 1933, as amended, unless specifically identified therein as being incorporated by reference therein.

(d) Exhibits.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: October 4, 2013

Item 7.01 Regulation FD Disclosure

Item 9.01. Financial Statements and Exhibits

99.1 Sorrento Therapeutics, Inc. Company Presentation

SORRENTO THERAPEUTICS, INC.

By: /s/ Richard Vincent Name: Richard VincentTitle: Chief Financial Officer and Secretary

Page 3: SORRENTO THERAPEUTICS, INC....Sorrento Therapeutics, Inc. (the “Company”) intends to conduct meetings with third parties in which its corporate slide presentation will be presented

Exhibit 99.1

E

xhibit991

SorrentoT

herapeuticsN

extG

enerationC

ancerT

herapeuticsO

ctober2013

Page 4: SORRENTO THERAPEUTICS, INC....Sorrento Therapeutics, Inc. (the “Company”) intends to conduct meetings with third parties in which its corporate slide presentation will be presented

Safe

Harbor

StatementO

TC

QB

:SRN

ET

hispresentation

contains“forw

ard-lookingstatem

ents”as

thattermis

definedunder

theP

rivateS

ecuritiesL

itigationR

eformA

ctof1995

(PSL

RA

)including

statements

regardingexpectations

beliefsor

intentionsregarding

ourbusiness

technologiesand

productsstrategies

orprospects

Actualresults

may

differfrom

thoseprojected

dueto

anum

berof

risksand

uncertaintiesincluding

butnotlimited

tothe

possibilitythatsom

eor

allof

thepending

matters

andtransactions

beingconsidered

bythe

Com

panym

aynotproceed

ascontem

platedand

byallother

matters

specifiedin

Com

pany’sfilings

with

theS

ecuritiesand

Exchange

Com

mission

asw

ellasrisks

inherentinfunding

developingand

obtainingregulatory

approvalsof

newcom

mercially-viable

andcom

petitiveproducts

andproductcandidates

Sufficiency

ofthe

datafor

approvalwith

respecttoC

ynviloq™w

illbea

reviewissue

afterN

DA

filingT

hesestatem

entsare

made

basedupon

currentexpectationsthatare

subjecttorisk

anduncertainty

andinform

ationavailable

tothe

Com

panyas

ofthe

dateof

thispresentation

The

Com

panydoes

notundertaketo

updateforw

ard-lookingstatem

entsin

thispresentation

toreflectactualresults

changesin

assumptions

orchanges

inother

factorsaffecting

suchforw

ard-lookinginform

ationA

ssumptions

andother

information

thatcouldcause

resultsto

differfrom

thosesetforth

inthe

forward-looking

information

canbe

foundin

theC

ompany’s

filingsw

iththe

Securitiesand

Exchange

Com

mission

includingits

mostrecentperiodic

reportW

eintend

thatallforward-looking

statements

besubjectto

thesafe-harbor

provisionsof

theP

SLR

A2

Page 5: SORRENTO THERAPEUTICS, INC....Sorrento Therapeutics, Inc. (the “Company”) intends to conduct meetings with third parties in which its corporate slide presentation will be presented

M

anagementT

eamand

Board

ofD

irectorsH

enryJi

Ph

DPresident

CE

O&

Director

Inventorof

G-M

AB

®T

echnologyP

resident&C

EO

ofS

tratageneG

enomics

VP

ofC

ombiM

atrixand

Stratagene

Vuong

Trieu

Ph

DC

hiefScientific

Officer

Founderand

CE

Oof

IgDraS

olCo-inventor

ofIP

coveringA

braxane®Instrum

entalinthe

approvalofA

braxane®C

elgeneacquired

Abraxis

Biosciences

for>

$3billion

George

Uy

Chief

Com

mercialO

fficerC

CO

ofIgD

raSolDirected

thelaunches

ofA

braxane®X

eloda®&

Fusilev®

Builtcom

mercialinfrastructures

andorganizations

instartup

companies

Richard

VincentC

FOand

Director

$430Msale

ofE

levationto

Sunovion-D

ainipponM

eritagePharm

aoption

agreementw

ithV

iroPharm

a($90M

upfront+m

ilestones)$310M

saleof

Verus

asthma

programto

AstraZ

enecaE

lan:variousacquisitions

anddivestitures

with

aggregatevalues

inexcess

of$300M

Board

ofD

irectorsD

avidW

ebbPh

D—

Chairm

anC

elgene(form

erSan

Diego

sitehead)

Ernst-G

üntherA

ftingM

DP

hD

Hoechst(form

erPresident)

Cam

Gallagher

Nerveda

LL

C(M

anagingD

irector)K

imD

JandaPh

DT

heScripps

Research

Institute(Prof

)H

enryJi

Ph

DSorrento

(CE

O)

MScottS

alkaA

mbitB

iosciences(form

erC

EO

)Jaisim

Shah

PDL

(former

CB

O)

Vuong

Trieu

Ph

DSorrento

(CSO

)R

ichardV

incentSorrento

(CFO

)3

Page 6: SORRENTO THERAPEUTICS, INC....Sorrento Therapeutics, Inc. (the “Company”) intends to conduct meetings with third parties in which its corporate slide presentation will be presented

Investm

entHighlights

Late

StageO

ncologyD

rugw

ithE

xclusiveU

Sand

EU

Rights

Addresses

multi-billion

dollarpaclitaxelm

arketA

bbreviatedregulatory

pathway

(“bioequivalence”)for

approvalB

ioequivalenceregistration

trialin2014

(studydirectcosts

~$5M

)Productlaunch

in1H

2016T

herapeuticantibody

engineA

ntibodym

arket>$50B

in2012

Firstantibodydrug

candidatein

clinic1H

2015T

argetedD

rugD

eliveryC

ombining

Antibody

asspecific

targetingw

arheadSm

allMolecule

Drug

aspotenttum

orkilling

payloadT

oxinfor

Antibody

Drug

Conjugates

(AD

C)

PaclitaxelforA

ntibodyform

ulatedD

rugC

onjugates(A

fDC

)C

ynviloq™G

-MA

AD

C/A

fDC

4

Page 7: SORRENTO THERAPEUTICS, INC....Sorrento Therapeutics, Inc. (the “Company”) intends to conduct meetings with third parties in which its corporate slide presentation will be presented

Sorrento’s

Next-G

enerationC

ancerT

herapeuticsC

ynviloq™N

ext-generationA

braxane®B

ioequivalence(B

E)

pathway

forapproval

Efficacy

demonstrated

US

andE

Urights

G-M

AB

®H

igh-diversityhum

anA

blibrary

Lead

mA

bprogram

sinclude

PD-L

1P

D-1

andC

CR

2FT

Oand

nostacking

royaltiesA

fDC

:Antibody

formulated

Drug

Conjugate

G-M

AB

targetsapproved

chemotherapeutics

tothe

tumor

Effective

againstheterogeneoustum

orsA

DC

:Antibody

Drug

Conjugate

G-M

AB

targetstoxin

tocancer

cellProgram

sinclude

VE

GFR

2c-M

et5

Page 8: SORRENTO THERAPEUTICS, INC....Sorrento Therapeutics, Inc. (the “Company”) intends to conduct meetings with third parties in which its corporate slide presentation will be presented

PipelineIN

DIC

AT

ION

PHA

SE2

PH

AS

E3

ND

AF

ILIN

GM

etastaticB

reastCancer

}505(b)(2)B

ioequivalenceN

on-SmallC

ellLung

Cancer

PancreaticC

ancer(B

E*

orsN

DA

)B

ladderC

ancer(sN

DA

)O

varianC

ancer(sN

DA

)C

ynviloq™G

-MA

AD

CA

fDC

IND

ICA

TIO

N>

TA

RG

ET

PRE

CL

INIC

AL

PHA

SE1

Oncology

>PD

-L1

PD-1

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CR

51H

2015Inflam

mation

>C

CR

2C

XC

R3

2H2015

InfectiousD

isease>

MR

SAC

diffO

ncology>

VE

GF

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c-Met

CX

CR

5E

GF

R2H

2015O

ncology>

PD-L

1V

EG

FR2

c-Met

1H2014

1H2015

Multiple

Strategic

PartnershipO

pportunities*

Abraxane®

orphandrug

status(FD

Aapproval

Septem

ber2013)

6

Page 9: SORRENTO THERAPEUTICS, INC....Sorrento Therapeutics, Inc. (the “Company”) intends to conduct meetings with third parties in which its corporate slide presentation will be presented

O

ncologyFranchise

Cynviloq™

Phase3

7

Page 10: SORRENTO THERAPEUTICS, INC....Sorrento Therapeutics, Inc. (the “Company”) intends to conduct meetings with third parties in which its corporate slide presentation will be presented

C

ynviloqis

the3rd

Generation

PaclitaxelTherapy

Generation

Formulation

Maxim

umT

oleratedD

osePeak

ProductSales

1stT

axol®paclitaxel

Crem

ophorE

Lexcipient:P

olyoxyethylatedcastor

oil175

mg/m

2~

$16B

(WW

in2000)

2ndA

braxane®nab-paclitaxelM

ean130

sizenm

Donor-derived

Biologicalpolym

er:human

serumalbum

in(H

SA

)260

mg/m

2E

st>

$17B

*(U

S)($430M

in2012)

3rdC

ynviloq™paclitaxelpolym

ericm

icelleM

eansize

~25nm

Chem

icalpolymer:P

oly-lactideand

polyethyleneglycoldiblock

copolymer

>300

mg/m

2(up

to435

mg/m

2)C

onversionof

Abraxane®

sales+

newindications*A

nalystprojection;in

Metastatic

BreastC

ancer+

Non-S

mallC

ellLung

Cancer

+Pancreatic

Cancer

8

Page 11: SORRENTO THERAPEUTICS, INC....Sorrento Therapeutics, Inc. (the “Company”) intends to conduct meetings with third parties in which its corporate slide presentation will be presented

C

ynviloqis

aH

ighV

alueP

roposition1

Exclusive

US

andE

UR

ights2

Cynviloq

efficacydem

onstratedin

Phase

2and

Phase

3studies

3F

DA

concurreda

Available

datasupportpursuing

505(b)(2)regulatory

pathway

bB

ioequivalence(B

E)

studysufficientfor

approvalofindications

inA

braxane®label(M

etastaticB

reastCancer

andN

onSm

allCell

Lung

Cancer)

4L

argem

arketopportunitya

Abraxis

(Abraxane®

)sold

toC

elgenefor

>$3B

b$1

7Bin

projectedU

Speak

revenuesfor

Abraxane®

9

Page 12: SORRENTO THERAPEUTICS, INC....Sorrento Therapeutics, Inc. (the “Company”) intends to conduct meetings with third parties in which its corporate slide presentation will be presented

B

ioequivalence=

EfficientP

athway

toM

arketB

ioequivalenceregistration

studyin

breastcancerpatients

(2014)12

months

ofduration

(includingpatientrecruitm

ent)D

irecttrialcost~$5MC

ycle1

Cycle

2A

braxane®(50

patients)A

braxane®C

ynviloq™(50

patients)C

ynviloq™D

ose:260m

g/m2

Infusiontim

e:30m

inD

uration:3w

eeks+

crossoverfor

3w

eeksE

ndpoints:AU

Cand

Cm

ax(90%

CI)

10

Page 13: SORRENTO THERAPEUTICS, INC....Sorrento Therapeutics, Inc. (the “Company”) intends to conduct meetings with third parties in which its corporate slide presentation will be presented

C

ynviloqM

arketOpportunity

~70000

patientstreated

with

paclitaxelbased

regimen

in1stline

#of

PatientsT

reatedin

1stline(U

SO

nly;2012)100

00090

00080

00070

00060

00050

00040

00030

00020

00010

00030

76615

90314

4799

880N

SCL

CM

BC

Pancreatic

Cancer

Ovarian

Cancer

n=

93800

n=

38000

n=

27000

n=

17700

Other

regimens

PAC

+treated

~55000

patientsw

ithpaclitaxelas

1stlinetherapy

inM

BC

NSC

LC

&O

C15

903P

Cpatients

eligiblefor

treatmentw

ithA

braxane®+

Gem

citabinecom

binationN

ote:InPancreatic

Cancer

theblue

portionrepresents

#patients

treatedw

ithgem

basedR

xin

2012Sources:U

Sinform

ationSE

ER

AnnualC

ancerR

eview1975

2006;US

Census;M

attsonJack;U

HC

andM

edicareC

laims;IntrinsiQ

;SynovateT

andemW

HO

mortality

database2008

http://ww

ww

hoint/w

hosis/whosis/

World

Population

Prospects

The

2008R

evisionU

NP

opulationD

ivision2009

http://esaun

org/unpp/R

ocheG

enentechC

linicalPatientC

hartAudits

Totalpatientnum

bersrepresenttreatable

population1stL

inepatient

estimates

fromIntrinsiQ

2012M

onthlyL

OT

Diag

Com

bo11

Page 14: SORRENTO THERAPEUTICS, INC....Sorrento Therapeutics, Inc. (the “Company”) intends to conduct meetings with third parties in which its corporate slide presentation will be presented

C

ynviloqA

dvantagesC

ynviloq™A

braxane®T

axol®C

ynviloqA

dvantageM

aximum

Tolerated

Dose

(mg/m

2)>

300260175Potentialfor

higherefficacy

Rapid

reconstitution:nofoam

ingconcerns

Convenience

forbusy

practicesand

pharmacies

No

donor-derivedhum

anserum

albumin

(HSA

)N

oviral/prion

concernsC

onvenientstorageconditions

No

requirementfor

controlledtem

pstorage

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microbialgrow

thC

hemicalpolym

erC

remophor-free

Reduced

sideeffects

Dosing

q3wq3w

*&

weekly**

q3w&

weekly

Exploits

PKadvantage

@higher

dose*

=M

BC

;**=

NSC

LC

&PC

12

Page 15: SORRENTO THERAPEUTICS, INC....Sorrento Therapeutics, Inc. (the “Company”) intends to conduct meetings with third parties in which its corporate slide presentation will be presented

Potentialto

Expand

LabelIndications

–For

Exam

ple:2ndL

ineB

ladderC

ancerC

ynviloqPhase

2(K

orea)*260-300

mg/m

2q3w

n=34#

BestSupportive

Care

Phase2

(Japan)**/P

hase3

(EU

)***n=

23**/n=

108***O

verallResponse

Rate

(OR

R)

21%-

/0%***

ProgressionF

reeS

urvival2

7M

-/1

5M

***O

verallSurvival

65

M2

3M

**/4

3M

***Sum

mary:

High

unmetneed—

noF

DA

-approved2nd

linedrug

Dem

onstratedclinicalO

verallResponse

Rate

(OR

R)

Phase3-ready

fordevelopm

entas2nd

linechem

otherapyin

patientsrefractory

toplatinum

-basedtherapy

#advanced

urothelialcarcinoma

patientsrefractory

togem

citabineand

cisplatin**

AU

ASan

Diego

May

4th8th;***

JCO

(2009):445461

13 *InvestN

ewD

rugs(2012)

30:1984–1990

Page 16: SORRENTO THERAPEUTICS, INC....Sorrento Therapeutics, Inc. (the “Company”) intends to conduct meetings with third parties in which its corporate slide presentation will be presented

N

extSteps

forC

ynviloq1

Bioequivalence

(BE

)trial:2014

2N

DA

filing:2014/2015

3A

pproval:2015/2016

aM

etastaticB

reastCancer

(MB

C)

andN

onSm

allCellL

ungC

ancer(N

SCL

C)

bF

utureA

braxane®indications

(Pancreaticcancer

andM

elanoma)

4P

roductlaunchfor

MB

Cand

NS

CL

C:2016

5sN

DA

planningfor

labelexpansioninto

Bladder

andO

variancancers

Bioequivalence

Trial

ND

AF

ilingFD

AA

pprovalL

AU

NC

H2014

2014/20152016

201614

Page 17: SORRENTO THERAPEUTICS, INC....Sorrento Therapeutics, Inc. (the “Company”) intends to conduct meetings with third parties in which its corporate slide presentation will be presented

T

herapeuticA

ntibodyE

ngineG

MA

Extensive

Pipeline15

Page 18: SORRENTO THERAPEUTICS, INC....Sorrento Therapeutics, Inc. (the “Company”) intends to conduct meetings with third parties in which its corporate slide presentation will be presented

G

-MA

:Library

ofT

herapeuticA

ntibodies-

RN

Aam

plificationused

for2

1x

1016distinctantibodies

librarygeneration

-F

reedom-T

o-Operate

•F

ullyhum

anantibodies

DifficultT

argets:Sm

allPeptides

MostD

ifficultTargets:

High

Value

Oncology

Targets:G

Protein

Coupled

Receptors

Imm

unomodulation:P

D1

andP

DL

1(G

PC

Rs)

Antibody

Drug

Conjugates:c

Met;V

EG

FR2

Sizeof

TargetA

ntigenA

IP1

AIP

2A

IP3

AIP

416 •

Proprietarytechnology

Very

highlibrary

diversity:•

No

stackingroyalties

High

successfulscreeninghitrate

Page 19: SORRENTO THERAPEUTICS, INC....Sorrento Therapeutics, Inc. (the “Company”) intends to conduct meetings with third parties in which its corporate slide presentation will be presented

A

nti-PD

-L1

mA

bsE

xhibitPotentA

ctivityIm

mune

Modulation*

Tum

orM

ouseM

odel**T

CellA

ctivation(%

)403020100IFN

-?(pg/m

L)

15000120009000600030000IL

-2(pg/m

L)

8006004002000T

umor

Grow

thInhibition

(%)

504030201001525DayC

ompetitor

mA

bSorrento

mA

b**

xenograftmodelusing

H1975

human

NS

CL

Ccells;%

inhibitionrelative

tocontrolm

Ab

treatment

***p<

005

mean

tumor

volumes

aresignificantly

reducedin

ST

IA

1010group

versuscontrolgroups

asdeterm

inedby

Mann

Whitney

utest

17 *m

Abs

@0

05m

g/mL

Page 20: SORRENTO THERAPEUTICS, INC....Sorrento Therapeutics, Inc. (the “Company”) intends to conduct meetings with third parties in which its corporate slide presentation will be presented

A

nti-PD

-1m

Abs

ExhibitP

otentImm

uneM

odulationIL

-2C

oncentration(pg/m

L)

10008006004002000IN

F-?

Concentration

(pg/mL

)150001000050000T

cellActivation

(%C

D25+

)norm

alizedto

untreatedcontrol

252015100Competitor

mA

bsSorrento

mA

b18 5

Page 21: SORRENTO THERAPEUTICS, INC....Sorrento Therapeutics, Inc. (the “Company”) intends to conduct meetings with third parties in which its corporate slide presentation will be presented

Potent A

ntibody against Difficult G

PCR

Target*

Disease Score**

mA

b Cell B

inding (E

C50 –nM

) Sorrento 0.17 C

ompetitor 21

Untreated Sorrento m

Ab

3.5 2.5 1.50

5013

1415

1617

1819

2021

2223

2425

2627

2829

3031

3233

3435

3637

38D

aysA

fterD

iseaseInduction

**E

xperimentalA

utoim

mune

Encephalom

yelitis(E

AE

)=

murine

modelof

Multiple

Sclerosis

19 321*Sorrento

mA

bagainstC

-CC

hemokine

Receptor

2(C

CR

2)

Page 22: SORRENTO THERAPEUTICS, INC....Sorrento Therapeutics, Inc. (the “Company”) intends to conduct meetings with third parties in which its corporate slide presentation will be presented

T

argetedD

rugF

ormulation

PlatformA

DC

/AfD

CG

MA

+Payload

20

Page 23: SORRENTO THERAPEUTICS, INC....Sorrento Therapeutics, Inc. (the “Company”) intends to conduct meetings with third parties in which its corporate slide presentation will be presented

A

ntibody Drug C

onjugates (AD

C)

Key C

omponents: 1 A

DC

in plasma

1T

argetspecific

internalizingantibody

2P

otentcytotoxicprodrugs

3L

inkerand

conjugationchem

istriesD

rugreleased

inC

AN

CE

RC

EL

L21 2

AD

Cbinds

toreceptor

3A

DC

isinternalized

4C

ytotoxicagentis

released5

Apoptosis

(celldeath)

Page 24: SORRENTO THERAPEUTICS, INC....Sorrento Therapeutics, Inc. (the “Company”) intends to conduct meetings with third parties in which its corporate slide presentation will be presented

Sorrento

AD

Cs

Dem

onstrateE

nhancedA

ctivityA

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etAD

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iability(%

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eadingC

ompetitor

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ontrolSorrento

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oxin)**

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uman

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Page 25: SORRENTO THERAPEUTICS, INC....Sorrento Therapeutics, Inc. (the “Company”) intends to conduct meetings with third parties in which its corporate slide presentation will be presented

Sorrento

anti-GPC

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emonstrate

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Activity

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XC

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ontrolSorrento

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Page 26: SORRENTO THERAPEUTICS, INC....Sorrento Therapeutics, Inc. (the “Company”) intends to conduct meetings with third parties in which its corporate slide presentation will be presented

A

ntibody formulated D

rug Conjugates (A

fDC

) K

ey Features:

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otherapeutics with know

n safety profile 2. N

o internalization required 3. M

ultiple mA

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ors T

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or3

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agentisreleased

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cells

Page 27: SORRENTO THERAPEUTICS, INC....Sorrento Therapeutics, Inc. (the “Company”) intends to conduct meetings with third parties in which its corporate slide presentation will be presented

G

MA

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pportunities25

Page 28: SORRENTO THERAPEUTICS, INC....Sorrento Therapeutics, Inc. (the “Company”) intends to conduct meetings with third parties in which its corporate slide presentation will be presented

Positioned

toB

ecome

Oncology

Leader

Cynviloq™

GM

AB

®A

DC

/AfD

CPhase

3E

xtensivePipeline

GM

AB

+P

ayload26

Page 29: SORRENTO THERAPEUTICS, INC....Sorrento Therapeutics, Inc. (the “Company”) intends to conduct meetings with third parties in which its corporate slide presentation will be presented

Sm

allMolecule

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Antibody

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panyV

aluationsC

ompany

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allMolecule

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ncologyD

rugPlatform

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egistrationT

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ibraryPum

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hase3)

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ibraryC

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antis:Acquired

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enetics:SG

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only27 *

basedon

publicly-availableinform

ation(09/26/13)

Page 30: SORRENTO THERAPEUTICS, INC....Sorrento Therapeutics, Inc. (the “Company”) intends to conduct meetings with third parties in which its corporate slide presentation will be presented

Investm

ent Highlights

Cynviloq™

G

-MA

A

DC

/AfD

C

Late Stage O

ncology Drug w

ith Exclusive U

S and E

U R

ights T

herapeutic antibody engine T

argeted Drug D

elivery Com

bining 28 •

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multi-billion

dollarpaclitaxelm

arket•

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regulatorypathw

ay(

bioequivalence)

forapproval

•B

ioequivalenceregistration

trialin2014

(studydirectcosts

~$5M

)•

Productlaunchin

1H2016

•A

ntibodym

arket>$50B

in2012

•Firstantibody

drugcandidate

inclinic

1H2015

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ntibodyas

specifictargeting

warhead

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allMolecule

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orkilling

payload•

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forA

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rugC

onjugates(A

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ntibodyform

ulatedD

rugC

onjugates(A

fDC

)

Page 31: SORRENTO THERAPEUTICS, INC....Sorrento Therapeutics, Inc. (the “Company”) intends to conduct meetings with third parties in which its corporate slide presentation will be presented

Financials

&C

apitalizationC

ashand

Cash

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$5

7MT

otalDebt$

50M

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mon

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utstanding16

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urrentCapitalization

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price:$657

29

Page 32: SORRENTO THERAPEUTICS, INC....Sorrento Therapeutics, Inc. (the “Company”) intends to conduct meetings with third parties in which its corporate slide presentation will be presented

Sorrento

Therapeutics

Next

Generation

Cancer

Therapeutics

Contact:H

enryJi

PresidentandC

EO

hji@sorrentotherapeutics

com(858)

6686923

Page 33: SORRENTO THERAPEUTICS, INC....Sorrento Therapeutics, Inc. (the “Company”) intends to conduct meetings with third parties in which its corporate slide presentation will be presented

C

ynviloq:Interim

Results

fromPhase

3M

BC

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studyin

MB

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aryof

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xposuresStage

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braxane®in

MB

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axol®based

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RR

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012T

axol©A

braxane©T

axol©South

Korea*

United

States

China

31

Page 34: SORRENTO THERAPEUTICS, INC....Sorrento Therapeutics, Inc. (the “Company”) intends to conduct meetings with third parties in which its corporate slide presentation will be presented

Sim

ulatedP

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etersS

upportiveof

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:C

ynviloq™vs

Abraxane®

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parisonof

mean

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@260

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ith30

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e:C

max

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)/Cm

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inf(T)/A

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M19486

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imulated

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doneas

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FDA

requirement

ratioT

/R(C

max

andA

UC

inf)m

ustbew

ithin80-125%

(90%confidence

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CI)

Cynviloq™

dataon

file32 *

Gardner

etal2008

Page 35: SORRENTO THERAPEUTICS, INC....Sorrento Therapeutics, Inc. (the “Company”) intends to conduct meetings with third parties in which its corporate slide presentation will be presented

W

hyA

ntibodyT

herapeuticsC

linicaltrackrecord

ofsafety

andefficacy

Mostsuccessfuldrug

classtoday

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andaffinity

Lim

itedoff

targeteffectsPredictable

PK

/PD

propertiesG

oodserum

halflife

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functionsR

ecruitmentof

patient’sim

mune

systemagainstdiseased

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unabledrug

characteristicsE

ngineeringof

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cytotoxicdrugs

Antibody

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C)

andA

ntibodyform

ulatedD

rugC

onjugates(A

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)Feb

regionH

ingeregion

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HL

cv33s

Page 36: SORRENTO THERAPEUTICS, INC....Sorrento Therapeutics, Inc. (the “Company”) intends to conduct meetings with third parties in which its corporate slide presentation will be presented

T

op10

SellingT

herapeuticA

ntibodies(>

$50B)

2012Sales

mA

bT

argetCom

panies(U

S$

billions)*U

SG

lobalH

umira

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umab)

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334