a fully integrated biopharmaceutical company
TRANSCRIPT
A Fully Integrated Biopharmaceutical Company
元富台股企業日 Feb 11th, 2020
藥華醫藥股份有限公司
2
About PharmaEssentia
P1101 Approved in Feb 2019
P1101 has Far More Potential to be Explored
Commercialization
Summary
Executive Summary
• Fully Integrated Biopharmaceutical Company
Our mission is to discover, develop, manufacture, and bring to market efficacious & cost-effective therapeutics.
• EMA Approval
1st product, Besremi®, approved by EMA for the treatment of Polycythemia vera (PV) in Feb 2019, first country launched in Q3 2019.
• US BLA for PV indication will be submitted soon
• FDA agreed with Phase 3 trial protocol for Essential Thrombocythemia (ET) indication in Sep., 2019
The trial will kick- off by Q1 2020. The global trial includes US, China, Japan, Korea, and Taiwan.
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Our Journey to DateSelected highlights since initial founding
Page 4
2003
2016
2018
2012: Ground breaking for Taichung manufacturing site
2016: Publicly listed on Taipei Exchange
2017: Marketing Authorization Application filed2012
2016: Phase 3 clinical trial (PROUD-PV)completed
2017
2019
2018: Manufacturing plant received EMA GMP Certification
Company Founded
2019: Besremi®Approved by European Commission
2008: P1101 Discovered
2008
Page 5
Meet our Executive LeadersFounding Members
Ching-Leou Teng, PhD
Chairperson
25+ yr Experience: Ionis Pharmaceuticals,
Food and Drug Administration (FDA)
PhD, University of Michigan
Ko-Chung Lin, PhD
Founder and CEO
25+ yr Experience: Biogen Inc.,
Monsanto - SearlePhD, University of Missouri
Postdoc, University of Michigan
Jack Hwang, PhD
General Manager
25+ yr Experience: Optimer Pharmaceuticals,
Amgen Inc.,Ligand Pharmaceutical,
Array Biopharma.PhD, University of Pennsylvania
Company Highlights
• Establishment: 2003
• Ticker: 6446 TT
• 215 Employees worldwide
• Core technology of PEGylation to tackle unmet
medical needs
• BLA obtained: EMA approved Besremi® in Feb
2019
• Market Cap: Around US$ 1 B (as of Jan 10, 2020)
• Headquarters: Taipei, Taiwan
Taichung site: GMP certified biologics plant
Nankang site: GMP certified PEGylation plant
Nangang Software ParkEMA GMP Certified Plant
National Bio Research Park
Central Taiwan Science ParkEMA GMP Certified Plant
TaipeiHQ
Taichung
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Japan
China
MassachusettsUSA
EU Partner
Our Global PresenceInternational Subsidiaries and Partners
Taiwan, HQHong Kong
Korea(Planning)
• Global Employees: 215• M.D. degree : 6• Ph.D. degree : 32• Master degree : 110
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About PharmaEssentia
P1101 Obtained Approval in Feb 2019
P1101 has Far More Potential to be Explored
Commercialization
Agenda
EU Marketing Authorization Approval
• We discovered and manufactured
Ropeginterferon alfa-2b (P1101);
licensed to AOP Orphan (Austria),
Middle east, and CIS region.
• EMA approved Besremi®
(Ropeginterferon alfa-2b, P1101) on
Feb 15th 2019 for the indication of
Polycythemia Vera (PV).
• Listed in Germany, Austria, Slovenia,
Denmark, and Italy.
Source: https://www.ema.europa.eu/en/medicines/human/EPAR/besremi
Authorization
EU Availability and Pricing
European Union (EU)
Belarus
Ukraine
Germany
France
Italy
SpainPortugal
Ireland
United Kingdom
Greece
SwedenFinland
Denmark
Estonia
Latvia
Lithuania
Poland
Romania
Hungary
Czech Slovakia
Austria
Bulgaria
Netherlands
Belgium
Malta
Luxembourg
Croatia
Slovenia
Cyprus
Iceland
Norway
Liechtenstein
Switzerland
Russia
Source: Denmark Pricing: Danish Medicines Agency (link)Italy: Italian Medicines Agency (AIFA) (link)Slovenia: Ministry of Health (link)
• Denmark € 3,178• Germany € 2,778• Austria € 2,778• Slovenia € 2,430
• Italy
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Myeloproliferative Neoplasms (MPN)
Chronic Myeloid
LeukemiaMyelofibrosis
Philadelphia chromosome
Essential
thrombocythemia
Polycythemia
Vera
Modified from Cross, Hematology Am Soc Hematol Educ Program;2011:208--‐14.; 2014 EHA and 2013 ASH Education Program
Acute Myeloid Leukemia
Polycythemia Vera
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Phase III Pivotal Clinical Study
3 year treatment results presented at ASH 2018
Efficacy at 24 & 36 monthDurability 24 - 36 month
P1101 Dose titration up to optimal dose at 500 mcg for more than 28 weeks vs. HU 8 weeks
PROUD / CONTI
(n= 127)
(n= 127)
(HU)
Page 13
Results at 36 Months for Polycythemia Vera (PV)
PROUD / CONTI: Phase III Pivotal Clinical Results
Presented at ASH 2018
Primary End PointsRopeginterferonalpha-2b (P1101)
Hydroxyurea p-value
Complete Hemotological Response (CHR)
70.5% 51.4% 0.0122
CHR+ Symptom improvement 52.6% 37.8% 0.0437
Molecular Response (JAK2 mutation)
66.0% 27.0% < 0.0001
Response rate
Better Response Maintenance Profile Compare with HU
107 96 65 56 42 38 32 27 23 19 17 14 12 9 6 4 2 0BAT107 95 84 76 71 68 62 55 49 45 41 35 27 20 10 6 4 0P1101
Number of subjects left
0 3 6 9 12 15 18 21 24 27 30 33 36 39 42 45 48 51
Duration of response, m
0.0
0.1
0.2
0.3
0.4
0.5
0.6
0.7
0.8
0.9
1.0P
rob
ab
ilit
y o
f re
sp
on
se d
ura
tio
n
0 3 6 9 12 15 18 21 24 27 30 33 36 39 42 45 48 51
Duration of response, m
0.0
0.1
0.2
0.3
0.4
0.5
0.6
0.7
0.8
0.9
1.0P
rob
ab
ilit
y o
f re
sp
on
se d
ura
tio
n
(11.9, 21.1)(38.7, --)95% CI
17.97--Median
59 (55.1%)31 (29.0%)Events
107107# of subjects
BATP1101
BAT
P1101
*Long-term study was not designed for comparison. Response curves of BAT are for reference only
Median duration of response* with P1101 exceeds 52 months
Complete Hematologic Response (CHR)
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The Lancet HaematologyPublished online January 31, 2020
Page 16
2020 2021 2022 2023
US JapanChina
Taiwan Korea
Efficacy study in Japanese and Chinese Populations
Timeline for Polycythemia Vera Marketing Approvals
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About PharmaEssentia
P1101 Obtained Approval in Feb 2019
P1101 has Far More Potential to be Explored
Commercialization
Agenda
Page 18
Essential Thrombocythemia (ET)
Chronic Myeloid
LeukemiaMyelofibrosis
Philadelphia chromosome
Essential
thrombocythemiaPolycythemia
Vera
Acute Myeloid Leukemia
Myeloproliferative Neoplasms (MPN)
Modified from Cross, Hematology Am Soc Hematol Educ Program;2011:208--‐14.; 2014 EHA and 2013 ASH Education Program
Page 19
FDA agreed with the Essential Thrombocythemia (ET) phase 3 trial protocol in Sep 2019
Ropeginterferon alpha-2b orphan designation was granted by FDA in 2014
This global study is planned to be conducted in US, Taiwan, China, Japan, Korea
• PLT < 400x109/L and WBC <
9.5x109/L
• Improvement or non-
progression in disease-related
signs (splenomegaly)
• Large symptoms improvement
based on the MPN SAF TSS
Fixed dose
Investigational arm: Ropeginterferon alpha-2b (P1101), Q2W, S.C. (N=80)
250 (W0)->350 (W2)->500 (W4)
4W dose escalation Primary Analysis9 to 12M
4W follow up
Primary Analysis9 to 12M
Control arm: Anagrelide, P.O. (N=80)
Maintain optimal blood counts control at acceptable toxicity
Labelled dose
4W follow up
ET Global Phase III Trial
Primary Endpoints
Page 20
TaiwanUS
Korea ChinaJapan
BLA Filing
Last Patient out
Last Patient in
First Patient in
ApprovalsRegulatory
2020 2021 2022 2023
Clinical Trial
Timeline for ET Trial & Marketing Approvals
Page 21
Future Growth Strategy
Extend PV approval territories: Taiwan, US, Korea, Japan, China, etc.
Expand P1101 indications and strengthen our collaboration with partners:
- ET- Oncology: solid tumors- Next generations
Enrich pipeline through
1) proprietary science team;
2) collaboration; or
3) acquisition
P1101 is the next generation – Super Interferon
PharmaEssentia (PEG-P-interferon alfa-2b)
MTD = 540 mg
K84 K122
N-terminal proline• Long-acting
• Less frequent dosing
• Less serious adverse events
• Highest maximum tolerated
dose (MTD) comparing to the
marketed products
Roche (PEG interferon alfa-2a)
Merck (PEG interferon alfa-2b)
PEG-Intron(>14 isomers)
MTD = 90 mg
MTD = 180 mg
Clinically Proven ResultsBi-weekly dosing
Weekly dosing
Weekly dosing
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P1101 (n=127)n(%)
HU (n=127)
n(%)
HU (n=36)n(%)
Pegasys (n=36)n(%)
Fatigue16
(12.6%)17
(13.4%)10
(28%)18
(50%)
Leukopenia11
(8.7%)27
(21.3%)3
(8%)8
(22%)
Nausea3
(2.4%)15
(11.8%)7
(19%)7
(19%)
Anemia8
(6.3%)31
(24.4%)6
(17%)7
(19%)
Thrombo-cytopenia
19 (15.0%)
36 (28.3%)
7 (19%)
6 (17%)
Depression2
(1.6%)- -
10 (28%)
P1101 Showed Less Depression than Pegasys*
* MPD-RC 112 Study comes from Mount Sinai Tisch Cancer Institute
PROUD-CONTI Study
PROUD/ CONTI Safety Results Presented at ASH Meeting 2016
MPD-RC 112 Study*
*Pegasys is an off-label use medication for treating PV.
Page 24
More indications for Oncology will be pursued
Solid Tumor• Multiple Myeloma• Bladder Cancer• Malignant Melanoma• Kaposi’s Sarcoma• Squamous cell carcinoma of the conjunctiva• Carcinoid Syndrome
Leukemia• Chronic Myelocytic Leukemia• Hairy Cell Leukemia• Adult T-cell Leukemia (Japan)
Source: WebMD.com
Lymphoma
• Follicular Lymphoma
• Cutaneous T-cell Lymphoma
• Mycosis fungoides
Besremi® (Ropeginterferon alfa-2b/ P1101)
Page 25
Oleh Zagrijtschuk
Therapeutic Head
Boehringer Ingelheim,AOP Orphan PharmaceuticalsMD, Medical University of Vienna
MBA, WU Executive Academy
Albert Qin
Chief Medical Officer
Biogen,China Health Group,
SymBio Pharmaceuticals, ImmunoGen,
PfizerPhD., Harvard University
Chung-Wei Lee
Director
LifeSpring Immuno, AxcellaHealth, Brigham and Women’s
HospitalMD, National Taiwan UniversityPhD, Massachusetts Institute of
Technology
Joe Tseng
Director
Far Eastarn Polyclinic,NTUH
MD, National Taiwan UniversityPhD., Harvard University
Yi-Wen Huang
Senior Director
Cathay General HospitalMD., China Medical University
Ph.D, National Taiwan University
M.D. Ph.D. (MIT) M.D. Ph.D. (NTU) M.D. Ph.D. (Harvard) M.D. Ph.D. (Harvard)M.D. Ph.D. (U of Vienna)
Meet our Medical TeamExperienced leaders in clinical research
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Company Profile
P1101 Obtained Approval in Feb 2019
P1101 has Far More Potential to be Explored
Commercialization
Agenda
Page 27
Senior Marketing Director, Asia - Pacific Jennifer Lin
PROFESSIONAL EXPERIENCE
Takeda Taiwan - Rare Metabolic Business Unit Head
(Fabry disease/Gaucher Disease/Rare immunology/Rare Metabolic Disease)
SHIRE Biotech Taiwan - Business planning & Commercial Operations Lead, Taiwan & HK
Pfizer Taiwan - Commercial Development & Strategic Planning Lead
Janssen Taiwan - Group Product Manager
Bristol-Myers Squibb Taiwan - Regional Sales Manager
EDUCATION and LICENSE
• Durham Business School, University of Durham, UK - MBA
• National Taiwan University - MSc in Pharmacology
• Taipei Medical University – B.S. in Pharmacy
• License of Pharmacist, Taiwan
Page 28
Marija Sebastian, PhD
VP of Commercialization
Join from Dec, 2017
18yr Experience
Novartis Pharmaceuticals,
Craig Zimmerman, PhD
VP of Regulatory and R&D
Join from April, 2013
25yr Experience
Biogen Inc.
Our Global LeadersExperienced leaders in biotech
US General Manager Qualifications (Recruiting in 2020)
• VP level and C level is preferred
• Small biotech and big pharma
• $Bn sales experience
• Launch 1st Product experience
Samuel Lin, MBA
Sr. Director of Business Operations
Join from May, 2016
Monster Government Solutions
USPTO
Duke University
Page 29
NCCN Guidelines for PV
High-risk PV
patient
Monitor
Manage CV risk factors
Aspirin
Phlebotomy
Hydroxyurea or interferon
Treatment failure*
Hydroxyurea (if not previously used)
Interferon (if not previously used)
Ruxolitinib
Source: NCCN guidelines for patients 2018
IF
Initial Treatment 2nd line Treatment
* Treatment failure includes inadequate response or loss of response
Page 30
Marketing EventOnclive Peer Exchange
Source: Onclive: Determining the Potential of Ropeginterferon Alfa-2b in Polycythemia Vera (Link)Youtube (Link)
PharmaEssentia Received Humanitarian Award
Company Auditor
S. Sophia
Chair
Dr. Lin
Representative
K. Yonezu
Director
N. Miyachi
(MA & QA)
Director
Dr. Teng
Director
C. Snow
RA
A. Muko
Finance
Y. Tanaka
HR
D. Doi
Assistant
Y. Amano
Board of Directors
Medical
Director
Clinical Operation.
H. Kawase
RA
T. Adachi
HR
S. Nakagawa IT
H. Song
CRO
A2 healthcare
CRO
EPSI Bio stat
Y. Yamaguchi
PV
M. Takano
Supervisor-general
A. Hasegawa
Non-clinical
M. Iijima
Auditor
Avantia
Lawyer
K. Kitamura
Accountant
K. WangCMC
M.Okamura
H. Takasugi
2020 Japan Organization
藥華生物科技(北京)有限公司組織架構
董事總經理(申維宏)
臨床醫學和市場總監(王煒)
行政兼人事助理(待招聘)
醫院管道主管(劉博漢)
臨床研究副總監(張菁菁)
項目1組-專案經理(鄭滿佳)
項目2組-專案經理(離職,待招聘)
註冊經理(待招聘,
肝病/血液專業)
醫學經理(待招聘,血液專業)
現行組織架構(一年內)
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Our Global LeadersPharmaEssentia Korea
General Manager (Recruiting)
• Copy Japan hiring model
• Great relationship with KOLs
• Global pharma experience
• Entrepreneurship
Head of Medical (Recruiting)
• MD, PhD
• Industry experience
• Hematologist
Page 35
Concentration Technology Indication MarketPre-
ClinicalProof of Concept Pivotal Regulatory Approval
HematologyP1101
PV
EU
US, TW
JP, CN, KR
ET Global
Adult T-Cell Leukemia (ATL) JP, TW, CN
Next Generationsof P1101 MPN Global
Oncology
P1101 + anti PD-1 HCC Global
Oraxol Breast Cancer TW, SG, VN
Oraxol +Ramucirumab Gastric Cancer TW, SG, VN
P1101 Solid Tumors Global
Infectious P1101 HDV US, EU, TW
DermatologyKX01 Psoriasis TW, CN, MY
KX01 Actinic Keratosis TW, VN,MY
Building Our Next Wave of GrowthBy Q1 2020