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Canaccord Genuity Cardiovascular, Aesthetics & Metabolic Disorders Conference December 6, 2011

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Page 1: Canaccord Genuity Cardiovascular, Aesthetics & Metabolic ...extras.newswire.ca/canaccordgenuity/20111206/fibrocell_.pdf · 12/6/2011  · Meetings Association Meetings: Date/Location

Canaccord Genuity Cardiovascular, Aesthetics &

Metabolic Disorders Conference

December 6, 2011

Page 2: Canaccord Genuity Cardiovascular, Aesthetics & Metabolic ...extras.newswire.ca/canaccordgenuity/20111206/fibrocell_.pdf · 12/6/2011  · Meetings Association Meetings: Date/Location

This presentation includes statements that are “forward-looking statements.” While

management has based any forward-looking statements contained in the presentation on its

current expectations, the information on which such expectations were based may change.

These forward-looking statements rely on a number of assumptions concerning future events

and are subject to a number of risks, uncertainties, and other factors, many of which are

outside of Fibrocell Science’s control, that could cause actual results to materially differ from

such statements. Such risks, uncertainties, and other factors include, but are not necessarily

limited to, those set forth under the caption “Item 1A. Risk Factors” in Fibrocell Science’s

most recent Form 10-K filing, as updated in “Item 1A. Risk Factors” in Fibrocell Science’s

most recent Form 10-Q filing. In addition, Fibrocell Science operates in a highly competitive

and rapidly changing environment, and new risks may arise. Accordingly, you should not

place any reliance on forward-looking statements as a prediction of actual results. Fibrocell

Science disclaims any intention to, and undertakes no obligation to, update or revise any

forward-looking statement. You are also urged to carefully review and consider the various

disclosures in Fibrocell Science’s most recent annual report on Form 10-K, our most recent

10-Q as well as other public filings with the SEC since the filing of Fibrocell Science’s annual

report.

2

Safe Harbor Provision

Page 3: Canaccord Genuity Cardiovascular, Aesthetics & Metabolic ...extras.newswire.ca/canaccordgenuity/20111206/fibrocell_.pdf · 12/6/2011  · Meetings Association Meetings: Date/Location

3

Fibrocell Science: A unique autologous cellular therapeutic company with near term

promising revenue and a broad platform.

1. The first area of focus is aesthetics and dermatology, with an indication in

wrinkles/folds. Other possible indications: acne scarring, an unmet need, and

other areas i.e. fine lines and wrinkles around eyes/lips, décolletage and total

facial treatment

2. We will also pursue orphan indications for restrictive burn scars and vocal

cord scarring

3. Our long term vision is to biotransform autologous dermal fibroblasts to

“factor free” IPSC cells capable of differentiation into multiple cell types for

toxicological, research use, and therapeutics

Fibrocell Vision

Page 4: Canaccord Genuity Cardiovascular, Aesthetics & Metabolic ...extras.newswire.ca/canaccordgenuity/20111206/fibrocell_.pdf · 12/6/2011  · Meetings Association Meetings: Date/Location

Growing Market - Aesthetics

• Over 4.2 Million injectable procedures in 2010

• Market expansion through additional indications

• Demographic expansion

4 Source: American Society for Aesthetic Plastic Surgery, 2010

Page 5: Canaccord Genuity Cardiovascular, Aesthetics & Metabolic ...extras.newswire.ca/canaccordgenuity/20111206/fibrocell_.pdf · 12/6/2011  · Meetings Association Meetings: Date/Location

Fibrocell has developed an innovative technology to isolate, purify and

regenerate a patient’s own fibroblast cells for re-injection

5

LAVIV™ – Personalized Dermal Technology

Fibroblast cells are part of the structural

framework of tissues and are responsible for the

production and of collagen and contribute to the

formation of connective tissue fibers.

play a critical role in wound healing by synthesizing

extracellular matrix proteins such as collagens?

The fibroblast cells in LAVIV are native to the

recipient and recognized by the body’s immune

system as “self”

Potential applications extend beyond the

dermatology field

Page 6: Canaccord Genuity Cardiovascular, Aesthetics & Metabolic ...extras.newswire.ca/canaccordgenuity/20111206/fibrocell_.pdf · 12/6/2011  · Meetings Association Meetings: Date/Location

• The first autologous cell therapy for use in aesthetics filed with the FDA

• Strict release testing on each clinical lot to ensure performance and safety,

including:

– Collagen content testing results must achieve specification for each

prepped injection, indicating cells are biologically active and produce

collagen

– Cell suspension must consist of at least 98% fibroblasts prior to

release

– Cells in suspension must achieve a viability level of at least 85%

Restoring the Equilibrium

6

Human Fibroblast Cell

Cytoskeleton in a Human Fibroblast Cell. Actin (Red), Microtubules

(Green), Nucleus (Blue). Image by Jiashan Wang

Page 7: Canaccord Genuity Cardiovascular, Aesthetics & Metabolic ...extras.newswire.ca/canaccordgenuity/20111206/fibrocell_.pdf · 12/6/2011  · Meetings Association Meetings: Date/Location

Beauty Through

Science

Page 8: Canaccord Genuity Cardiovascular, Aesthetics & Metabolic ...extras.newswire.ca/canaccordgenuity/20111206/fibrocell_.pdf · 12/6/2011  · Meetings Association Meetings: Date/Location
Page 9: Canaccord Genuity Cardiovascular, Aesthetics & Metabolic ...extras.newswire.ca/canaccordgenuity/20111206/fibrocell_.pdf · 12/6/2011  · Meetings Association Meetings: Date/Location

Awarded a Beauty Breakthrough of

the Year Award by Allure Magazine

July issue of Vogue

October issue of Marie Claire

Widespread Press Coverage

9

Page 10: Canaccord Genuity Cardiovascular, Aesthetics & Metabolic ...extras.newswire.ca/canaccordgenuity/20111206/fibrocell_.pdf · 12/6/2011  · Meetings Association Meetings: Date/Location

laViv Market Growth Drivers

10

Novel,

Personalized

Product

Patient

Satisfaction

Patient

Retention &

Referrals

Market Expansion

• New Demographics

• Additional Indications

Organic,

Natural, Long

Lasting Effect

+

Page 11: Canaccord Genuity Cardiovascular, Aesthetics & Metabolic ...extras.newswire.ca/canaccordgenuity/20111206/fibrocell_.pdf · 12/6/2011  · Meetings Association Meetings: Date/Location

Key Commercial Drivers

• Patient satisfaction

• A pleasure to do business with

• Focus on big cities

• Viral Marketing

• Blogger

• Social Events

• Public Relations

• Cream

• New Indications

Page 12: Canaccord Genuity Cardiovascular, Aesthetics & Metabolic ...extras.newswire.ca/canaccordgenuity/20111206/fibrocell_.pdf · 12/6/2011  · Meetings Association Meetings: Date/Location

Outstanding Customer Experience

• Concierge service with office staff

• Quick and thorough pull through with sales force

• Networking

Page 13: Canaccord Genuity Cardiovascular, Aesthetics & Metabolic ...extras.newswire.ca/canaccordgenuity/20111206/fibrocell_.pdf · 12/6/2011  · Meetings Association Meetings: Date/Location

ASDS

• Standing room only at Hot Topics

• Strong booth activity

• 2 papers presented

• 2 press releases

• Many press interviews

Page 14: Canaccord Genuity Cardiovascular, Aesthetics & Metabolic ...extras.newswire.ca/canaccordgenuity/20111206/fibrocell_.pdf · 12/6/2011  · Meetings Association Meetings: Date/Location

Upcoming Events

• ASCDS

• Training Events

• Personal training for large practices

• Social events

• Blogger events (viral marketing)

Page 15: Canaccord Genuity Cardiovascular, Aesthetics & Metabolic ...extras.newswire.ca/canaccordgenuity/20111206/fibrocell_.pdf · 12/6/2011  · Meetings Association Meetings: Date/Location

Update on LAVIV Trained and Certified

Practitioners

• September Launch through November 16th, 2011

• West Coast Representation = 24%

• (35 total: 30 CA, 1 AZ, 1 CO ,2 MO, 1 WA)

• East Coast Representation = 56%

• (81 total: 2 CT, 4 DC, 1 DE, 7 Florida, 1 AL, 8 GA, 1 LA, 2 MA, 10 MD, 3

NC, 4 NJ, 16 NYC, 7 PA, 1 SC, 2 TN, 12 VA)

• Midwest Representation = 19%

• (28 total: 6 IL, 1 IN, 1 KS, 1 NE, 1 OH, 15 TX, 2 WI , 1 MN)

Page 16: Canaccord Genuity Cardiovascular, Aesthetics & Metabolic ...extras.newswire.ca/canaccordgenuity/20111206/fibrocell_.pdf · 12/6/2011  · Meetings Association Meetings: Date/Location

Total LAVIV Trained Practitioner Estimates

• 154 Certified & Trained Physicians

• Estimated 270 Certified & Trained Physicians through year end

• 110 biopsies in process

Page 17: Canaccord Genuity Cardiovascular, Aesthetics & Metabolic ...extras.newswire.ca/canaccordgenuity/20111206/fibrocell_.pdf · 12/6/2011  · Meetings Association Meetings: Date/Location

Patient Value Proposition

17 Source: American Society for Aesthetic Plastic Surgery, 2010

Women 25 - 35 Women 35+ Men 35+

Page 18: Canaccord Genuity Cardiovascular, Aesthetics & Metabolic ...extras.newswire.ca/canaccordgenuity/20111206/fibrocell_.pdf · 12/6/2011  · Meetings Association Meetings: Date/Location

Dermatologists Value Proposition

18

Only approved cell-based treatment for use in aesthetics

Patient retention

More frequent patient interactions

Personalized Skincare Cream

• Premium skin cream

• Contains patient’s own natural collagen

• Provided exclusively by your physician

Page 19: Canaccord Genuity Cardiovascular, Aesthetics & Metabolic ...extras.newswire.ca/canaccordgenuity/20111206/fibrocell_.pdf · 12/6/2011  · Meetings Association Meetings: Date/Location

laViv Potential

Indications Of Interest Not Approved* Nasolabial Fold Wrinkles

Nasolabial Folds

Acne Scars*

Fine Lines &

Wrinkles*

Upper Chest /

Neck*

Back of Hands*

* Indication not approved 19

Page 20: Canaccord Genuity Cardiovascular, Aesthetics & Metabolic ...extras.newswire.ca/canaccordgenuity/20111206/fibrocell_.pdf · 12/6/2011  · Meetings Association Meetings: Date/Location

laViv Treatment Process

20 20

Extraction

• A small sample of cells is removed from behind the ear from a small

skin punch biopsy with the use of local anesthetic

• The location is chosen due to limited exposure to the sun and to

avoid creating a visible scar

Purification & Culturing

• A proprietary manufacturing process expands fibroblasts from the

sample into tens of millions of new cells in 90 days

• Fibroblasts are tested by quality control and released by quality

assurance prior to shipment

• Cells are frozen for use in potentially multiple treatment sessions

Page 21: Canaccord Genuity Cardiovascular, Aesthetics & Metabolic ...extras.newswire.ca/canaccordgenuity/20111206/fibrocell_.pdf · 12/6/2011  · Meetings Association Meetings: Date/Location

Nasolabial Folds Photo Gallery

Page 22: Canaccord Genuity Cardiovascular, Aesthetics & Metabolic ...extras.newswire.ca/canaccordgenuity/20111206/fibrocell_.pdf · 12/6/2011  · Meetings Association Meetings: Date/Location

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IT-R-006 Clinical Trial Photos: R6109

Baseline

6 Months Post-Treatment

Page 23: Canaccord Genuity Cardiovascular, Aesthetics & Metabolic ...extras.newswire.ca/canaccordgenuity/20111206/fibrocell_.pdf · 12/6/2011  · Meetings Association Meetings: Date/Location

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IT-R-006 Clinical Trial Photos: R6109

Baseline

6 Months Post-Treatment

Page 24: Canaccord Genuity Cardiovascular, Aesthetics & Metabolic ...extras.newswire.ca/canaccordgenuity/20111206/fibrocell_.pdf · 12/6/2011  · Meetings Association Meetings: Date/Location

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IT-R-005 Clinical Trial Photos: R5120

Baseline

6 Months Post-Treatment

Page 25: Canaccord Genuity Cardiovascular, Aesthetics & Metabolic ...extras.newswire.ca/canaccordgenuity/20111206/fibrocell_.pdf · 12/6/2011  · Meetings Association Meetings: Date/Location

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IT-R-006 Clinical Trial Photos: R6421

Baseline 6 Months Post-Treatment

Page 26: Canaccord Genuity Cardiovascular, Aesthetics & Metabolic ...extras.newswire.ca/canaccordgenuity/20111206/fibrocell_.pdf · 12/6/2011  · Meetings Association Meetings: Date/Location

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IT-R-006 Clinical Trial Photos: R6421

Baseline

6 Months Post-Treatment

Page 27: Canaccord Genuity Cardiovascular, Aesthetics & Metabolic ...extras.newswire.ca/canaccordgenuity/20111206/fibrocell_.pdf · 12/6/2011  · Meetings Association Meetings: Date/Location

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IT-R-006 Clinical Trial Photos: R6421

Baseline

6 Months Post-Treatment

Page 28: Canaccord Genuity Cardiovascular, Aesthetics & Metabolic ...extras.newswire.ca/canaccordgenuity/20111206/fibrocell_.pdf · 12/6/2011  · Meetings Association Meetings: Date/Location

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IT-R-006 Clinical Trial Photos:

R6136

Baseline

6 Months Post-Treatment

Page 29: Canaccord Genuity Cardiovascular, Aesthetics & Metabolic ...extras.newswire.ca/canaccordgenuity/20111206/fibrocell_.pdf · 12/6/2011  · Meetings Association Meetings: Date/Location

Premium

Skin

Creams

Daily Moisturizing

Cremè

Skin Creams with

animal collagen or

non-personalized

human fibroblast

growth media

Daily Moisturizing Cremè

• Premium skin cream

• Contains your own

natural collagen

• Exclusively from your

skincare physician

29

First and Only Natural Personalized Skin Cream:

Expected launch in early 2012

Page 30: Canaccord Genuity Cardiovascular, Aesthetics & Metabolic ...extras.newswire.ca/canaccordgenuity/20111206/fibrocell_.pdf · 12/6/2011  · Meetings Association Meetings: Date/Location

Conventions and Scientific Association

Meetings Association Meetings: Date/Location

American Society of Dermatologic

Surgeons (ASDS)

November 3 – 6, 2011

Washington, D.C.

American Society of Cosmetic Dermatology and

Aesthetic Surgery (ASCDAS) December 1 – 4, 2011

Las Vegas, NV

Florida Society of Dermatologic Surgeons

(FSDS) Annual Conference

December 2 - 4, 2011

Orlando, FL

Orlando Dermatology Aesthetic and

Clinical Conference

January 13,16, 2012

Orlando, FL

American Academy of Cosmetic Surgery

(AACS)

January 18-22, 2012

Las Vegas, NV

American Society for Aesthetic Plastic

Surgery (ASAPS)

May 3-8, 2012

Vancouver, British Columbia

American Academy of Dermatology (AAD) March 16-20, 2012

San Diego, CA

Page 31: Canaccord Genuity Cardiovascular, Aesthetics & Metabolic ...extras.newswire.ca/canaccordgenuity/20111206/fibrocell_.pdf · 12/6/2011  · Meetings Association Meetings: Date/Location

Fibrocell Pipeline & Partner Opportunities

31

Numerous near-term indications to pursue

FDA-approved platform has significant partnership opportunities

In addition to Acne Scars, potential new indications include Total

Face, Restrictive Burn Scars, and Vocal Cord Scars

Page 32: Canaccord Genuity Cardiovascular, Aesthetics & Metabolic ...extras.newswire.ca/canaccordgenuity/20111206/fibrocell_.pdf · 12/6/2011  · Meetings Association Meetings: Date/Location

Acne Scarring Key Points

• Completed one Phase II/III study

Statistically significant efficacy results

Currently in discussions with the FDA

• Large market potential – estimated to be 3 million patients

• Opportunity to be the first medical treatment for Acne Scars

32

Page 33: Canaccord Genuity Cardiovascular, Aesthetics & Metabolic ...extras.newswire.ca/canaccordgenuity/20111206/fibrocell_.pdf · 12/6/2011  · Meetings Association Meetings: Date/Location

Acne Scar Photo Gallery

Page 34: Canaccord Genuity Cardiovascular, Aesthetics & Metabolic ...extras.newswire.ca/canaccordgenuity/20111206/fibrocell_.pdf · 12/6/2011  · Meetings Association Meetings: Date/Location

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IT-A-008 Clinical Trial Photos:

A8104

4 Months Post-Treatment

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IT-A-008 Clinical Trial Photos:

A8117

4 Months Post-Treatment

Page 36: Canaccord Genuity Cardiovascular, Aesthetics & Metabolic ...extras.newswire.ca/canaccordgenuity/20111206/fibrocell_.pdf · 12/6/2011  · Meetings Association Meetings: Date/Location

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IT-A-008 Clinical Trial Photos:

A8609

4 Months Post-Treatment

Page 37: Canaccord Genuity Cardiovascular, Aesthetics & Metabolic ...extras.newswire.ca/canaccordgenuity/20111206/fibrocell_.pdf · 12/6/2011  · Meetings Association Meetings: Date/Location

LAVIV™ Therapy Acne Scar, Actual Result

Before Treatment 6 Months Post Treatment

Courtesy of Robert Weiss, MD, Margeret Weiss, MD, Karen Beasley MD, Gillish Munavalli, MD

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Page 38: Canaccord Genuity Cardiovascular, Aesthetics & Metabolic ...extras.newswire.ca/canaccordgenuity/20111206/fibrocell_.pdf · 12/6/2011  · Meetings Association Meetings: Date/Location

LAVIV™ Therapy Acne Scar, Actual Result

Before After

Courtesy of Gilly Munavalli, MDMD

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Page 39: Canaccord Genuity Cardiovascular, Aesthetics & Metabolic ...extras.newswire.ca/canaccordgenuity/20111206/fibrocell_.pdf · 12/6/2011  · Meetings Association Meetings: Date/Location

Restrictive Burn Scars

Courtesy of Mark Palmer, MD

Feb. 1, 2006

Before

treatment

August 11, 2006

Scar tissue now very soft &

flexible, no longer palpable as a

ridge, appearance much improved 39

Situation Patient Treated with Fibroblasts

• 63 year-old woman

• Burned 10 years previously

• Full thickness burns

• Originally treated with skin grafts

• Scar tissue progressively became hardened,

contracted and inflexible

• Constant pain with severe restriction and abduction

• Wearing cervical collar, taking strong analgesics

• Plastic surgeon reluctant to intervene

• Reviewed 5 months post second treatment

• Improvement on both sides of neck

• Stopped all analgesics

• Discarded cervical collar

• Full range of motion and pain free

Page 40: Canaccord Genuity Cardiovascular, Aesthetics & Metabolic ...extras.newswire.ca/canaccordgenuity/20111206/fibrocell_.pdf · 12/6/2011  · Meetings Association Meetings: Date/Location

Publication in the January edition of The Laryngoscope

“Cellular-based approaches using tissue engineering and

regenerative medicine techniques like Fibrocell’s autologous

fibroblasts are promising for the treatment of vocal scars.”

• Dinesh K. Dr. Chhetri, MD, Associate Professor, Division of Head

and Neck Surgery, David Geffen School of Medicine at UCLA

Vocal Cord Scars

40

Page 41: Canaccord Genuity Cardiovascular, Aesthetics & Metabolic ...extras.newswire.ca/canaccordgenuity/20111206/fibrocell_.pdf · 12/6/2011  · Meetings Association Meetings: Date/Location

Fibroblast cells are present throughout the body

Potential alternative to stem cells

Ability to use in models for studying medical conditions, particularly where

no good animal models exist

Byrne (2008). Hum. Mol. Gen. 17:R37-R41

Long Range Potential

James A. Byrne, PhD

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Page 42: Canaccord Genuity Cardiovascular, Aesthetics & Metabolic ...extras.newswire.ca/canaccordgenuity/20111206/fibrocell_.pdf · 12/6/2011  · Meetings Association Meetings: Date/Location

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iPSC - Cardiomyocytes

Page 43: Canaccord Genuity Cardiovascular, Aesthetics & Metabolic ...extras.newswire.ca/canaccordgenuity/20111206/fibrocell_.pdf · 12/6/2011  · Meetings Association Meetings: Date/Location

• Establish LAVIV in key U.S. markets

Recruiting/Training Physicians

Interest has been strong and encouraging

• First and only cell based therapy FDA approved

• Other possible aesthetic indications:

Total facial treatment, fine lines and wrinkles around eyes, lips, &

décolletage

• Acne Scarring offers a significant opportunity

• Restrictive Burn Scars and Vocal Cord Scarring are potential orphan

indications

Applied for Restrictive Burn Scars orphan status

Vocal Cord Scarring orphan drug application in progress

• Several important scientific publications this year

• UCLA – offers potential to be a stem cell alternative

• Launch in China expected 2012

In Conclusion:

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Page 44: Canaccord Genuity Cardiovascular, Aesthetics & Metabolic ...extras.newswire.ca/canaccordgenuity/20111206/fibrocell_.pdf · 12/6/2011  · Meetings Association Meetings: Date/Location

Hypothetical Market Size

Aesthetics •Current indication

•Potential new indications

Acne Scars

Restrictive

Burn Scars

Each 5% share of woman or

1.8% share of procedures =

approximately $150 - $225

million annually

3 million patients each received

a treatment potential market is >

$5 billion

25,000 patients = $100 - $150

million annually

44

If each of the estimated

1.5 million current

women were treated for

one of the potential new

areas > $3 billion

market