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Phase 3 investigation of nemorexantfor patients with insomniaInvestor Webcast – June 2018
The following information contains certain “forward-looking statements”, relating to the company’s business, which can be identified by the use of forward-looking terminology such as “estimates”, “believes”, “expects”, “may”, “are expected to”, “will”, “will continue”, “should”, “would be”, “seeks”, “pending” or “anticipates” or similar expressions, or by discussions of strategy, plans or intentions. Such statements include descriptions of the company’s investment and research and development programs and anticipated expenditures in connection therewith, descriptions of new products expected to be introduced by the company and anticipated customer demand for such products and products in the company’s existing portfolio. Such statements reflect the current views of the company with respect to future events and are subject to certain risks, uncertainties and assumptions. Many factors could cause the actual results, performance or achievements of the company to be materially different from any future results, performances or achievements that may be expressed or implied by such forward-looking statements. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated or expected.
Phase 3 initiation in insomnia | June 20182
More knowledge –Powered by science
Jean-Paul ClozelCEO
Phase 3 initiation in insomnia | June 20183
key priorities to ensure the company’s success over the next 5 years
Our StrategicPriorities 1
2
3
4
5
Deliver at least three products to market
Build a commercial organization
Bring Idorsia to profitability in a sustainable manner
Create a pipeline with a sales potential of CHF 5 billion
Utilize state-of-the-art technologies
5
Phase 3 initiation in insomnia | June 20184
Phase 3 investigation of nemorexantfor patients with insomnia
Guy BraunsteinHead of Global Clinical Development
Phase 3 initiation in insomnia | June 20185
More than 1 type of disturbance present ≥ 3 nights/week for ≥ 3 months
Chronic insomnia disorder
Difficulty Falling Asleep
Difficulty Staying Asleep
Waking Too Early
Sleep-Onset Insomnia
Sleep-Maintenance Insomnia
Sleep-Offset Insomnia
Distress or Impairment of life
Phase 3 initiation in insomnia | June 20186
Who gets insomnia and what is the impact ?
Risk factors• Age (more common with ageing)
• Gender (women > men)
• Lower socio-economic status
• Physical disorder
• Psychiatric disorder (depression, anxiety, alcohol and drug abuse)
Impact • Physically and mentally fatigued,
anxious and irritable
• Increased the risk of malaise, fall, accidents, and injury
• Impaired daytime performance
• Decreased memory and concentration, cognitive decline
• Leading cause of absenteeism and reduced productivity, burden to society
• Higher rate of mortality
Insomnia is a common problem
Phase 3 initiation in insomnia | June 20187
How is insomnia treated, what are the limitations?
Sleep hygiene• Active
patient participation required
Cognitive behavioral therapy• Recommended first-
line therapy but inconsistently practiced
• Not easily accessible
• Often notreimbursed
• Active patient participation required
Pharmacological therapy • Many have significant limitations
• Insufficient acute effect: lack of sustained effect through the night
• Insufficient long-term effect: lack of continued benefit over time
• Next morning residual effect
• Abuse potential, withdrawal effect and rebound
• May have significant adverse effects
Phase 3 initiation in insomnia | June 20188
The orexin system is crucial for the regulation of wakefulness
Orexin stimulates many wake-promoting pathways
Norepinephrine (LC)
Acetylcholine (LDT, PPT)
Dopamine (VTA)
Serotonin(raphe)
orexin
Histamine (TMN)
LHA / PH
LC
TMN
Raphe
LTD / PPT
VTA
Orexin
OX1R
OX2R
OX1R and OX2R
OX1R and OX2R
OX1R and OX2R
Sakurai, T. 2007
Phase 3 initiation in insomnia | June 20189
LHA = lateral hypothalamic area; PH = posterior hypothalamusLC = locus coeruleus; TMN = tuberomammillary nucleus; LDT = laterodorsaltegmental nucleus; VTA = ventral tegmental area; PPT = pedunculopontine nucleus
The orexin system is involved in the regulation of sleep and arousal
Dual orexin receptor antagonist
Phase 3 initiation in insomnia | June 201810
Nemorexant
Nemorexant is investigational, in development and not approved or marketed in any country.
Dual orexin receptor antagonism specifically targets excessive alertness, in contrast to treatments of insomnia that act via broad sedation of the CNS
Potent antagonist at OX1 and OX2 receptors
Brain penetrating
Translation: preclinical healthy subjects patients
Nemorexant
Desired profileHigh in vitro potency
in vivo efficacy
Quick absorption and short half-lifefast onset of action, “appropriate” duration of action to actthroughout the night, and to avoid next morning residual effect
Safety is key• No deterioration of next-day performance• No rebound, no withdrawal symptoms upon treatment cessation• No safety concerns
Nemorexant is investigational, in development and not approved or marketed in any country.
Phase 3 initiation in insomnia | June 201811
Clinical development
Nemorexant
• Single and multiple ascending dose
• Adults and elderly subjects
• Night time administration
• Pharmacokinetic and pharmacodynamic characterization
• Two studies, in adults and elderly patients with insomnia
• All information required to design confirmatory pivotal studies
Entry into man studies
Clinical pharmacology
program
Phase 3 confirmatory
studies
Phase 2 studies
Today
Phase 3 initiation in insomnia | June 201812
Nemorexant is investigational, in development and not approved or marketed in any country.
0
200
400
600
800
1000
0 24 48 72 96 120 144 168
Ideal pharmacokinetic profile
Nemorexant
Plasma concentrations(ng/ml)
• Fast absorption• Short half life• No accumulation over time
Time(h)
Phase 3 studies
Entry into man studies
Phase 2 studies
Phase 3 initiation in insomnia | June 201813
Nemorexant is investigational, in development and not approved or marketed in any country.
25 mg
Fast and time limited pharmacodynamic effect
Nemorexant
Elderly Healthy Volunteer –Daytime dosing
Person performing eye movement test
Adult Healthy Volunteer –Daytime dosing
25 mg Speed of eye movements (degree/sec)
Time (h)
Phase 3 studies
Entry into man studies
Phase 2 studies
Phase 3 initiation in insomnia | June 201814
Nemorexant is investigational, in development and not approved or marketed in any country.
No pharmacodynamic effect on next morning
Nemorexant
Karolinska Sleepiness Scale Score
Very sleepy
Sleepy, but no effort keeping awake
Neither alert nor sleepy
Alert, normal level
Very alert
9
8
7
6
5
4
3
2
1
Time after first dose (h) –measures 8 hours after dosing
Placebo 25 mg
Phase 3 studies
Entry into man studies
Phase 2 studies
Phase 3 initiation in insomnia | June 201815
Nemorexant is investigational, in development and not approved or marketed in any country.
Purpose and objectives of the Phase 2 program
PurposeTo provide necessary information to adequately design the confirmatory trials
Focus in particular:• Dose definition
• Patient population characterization
• Endpoint definition
ObjectivesTo characterize the dose response on objective and subjective sleep parameters
To document the safety profile including adverse events, residual effect, rebound and withdrawal
Phase 3 studies
Entry into man studies
Phase 2 studies
Phase 3 initiation in insomnia | June 201816
Informative design
Two phase 2 studies completed
Adult study: classical parallel group design
• 4-week treatment to assess durability of effect
• Short treatment withdrawal at the end
• 4 dose levels (5 mg, 10 mg, 25 mg and 50 mg)
• Placebo and active arms (zolpidem)
• Objective and subjective sleep parameters
Elderly study: cross over design
• 2-night treatment
• 4 dose levels identical to adults
• Placebo-controlled
• Objective and subjective parameters
In both studies, well-characterized insomnia patientsSelf-reported insomnia at entry
≥ 30 minutes to fall asleep
Wake time during sleep ≥ 30 minutes
Total sleep time ≤ 6.5 h
Confirmed by polysomnography at baseline
Mean LPS ≥ 20 min
Mean WASO ≥ 30 min
Mean TST < 420 minutes
Sleep induction
Sleep maintenance
Total sleep time
Phase 3 studies
Entry into man studies
Phase 2 studies
Phase 3 initiation in insomnia | June 201817
Efficacy results in adult patients
Modified Full Analysis SetLeast Square Mean ± 95% CL
• Statistically significant dose-response on primary endpoint (objective WASO by PSG)
• Clinically relevant effect especially at 25 and 50 mg
• Other sleep endpoints and assessments at subsequent time points generally aligned to primary results
Phase 3 studies
Entry into man studies
Phase 2 studies
Phase 3 initiation in insomnia | June 201818
Nemorexant is investigational, in development and not approved or marketed in any country.
nemorexant dose (mg) Zolpidem 10 mg
Efficacy results in elderly patients
• Statistically significant dose-response on primary endpoint (objective WASO by PSG)
• Clinically relevant effect especially at 10, 25 and 50 mg
• Other objective sleep parameters generally aligned to primary results
Modified Full Analysis SetLeast Square Mean ± 95% CL
Phase 3 studies
Entry into man studies
Phase 2 studies
Phase 3 initiation in insomnia | June 201819
Nemorexant is investigational, in development and not approved or marketed in any country.
nemorexant dose (mg)
Normal sleep architecture preserved
9.8
10
9.8
10.7
10
10.7
57.9
56.2
55.4
56.8
55.1
57.4
15.4
13
12.5
12.5
15
12.6
16.9
20.8
22.3
20
19.9
19.3
Zolpidem
50 mg nemorexant
25 mg nemorexant
10 mg nemorexant
5 mg nemorexant
placebo
S1 S2 SWS REM
Sleep architecture maintained as total sleep time is dose dependently increased in exploratory endpoint
Duration as % of Total Sleep Time (TST)
Total Sleep Time (min)
357
371
384
387
403
388
Phase 3 studies
Entry into man studies
Phase 2 studies
Phase 3 initiation in insomnia | June 201820
Nemorexant is investigational, in development and not approved or marketed in any country.
Overview of adverse events in adultsPlacebo
N = 60
Nemorexant5 mg
N = 60
Nemorexant10 mg N = 58
Nemorexant25 mg N = 60
Nemorexant50 mgN = 61
Zolpidem10 mg N = 60
Subjects with at least one AE [n (%)]Treatment-emergent AE 18 (30.0) 21 (35.0) 22 (37.9) 23 (38.3) 21 (34.4) 24 (40.0)Treatment emergent AE of special interest afterSafety Board adjudication*
- - 1 (1.7) 1 (1.7) 2 (3.3) -
Treatment-emergent AE related to study treatment 6 (10.0) 11 (18.3) 9 (15.5) 12 (20.0) 8 (13.1) 9 (15.0)Treatment-emergent AE leading to premature study discontinuation of double-blind treatment
- - 2 (3.4) - 1 (1.6) 1 (1.7)
Treatment-emergent serious AE - - 2 (3.4)** - 1 (1.6)*** -Treatment-emergent serious AE related to study treatment
- - - - - -
Well tolerated at all tested doses with no evidence of dose-dependent adverse effects
Phase 3 initiation in insomnia | June 201821
Nemorexant is investigational, in development and not approved or marketed in any country.
*Mild excessive daytime sleepiness in 4 patients**Myocardial infarction on Day 12 in a 53 y.o. male patient with no concomitant medication; not related to study medication **Work accident (object fell on head) on Day 8 in a 21 y.o. female patient unrelated to dizziness or sleepiness; not related to study medication ***Angioedema caused by bee venom in a cosmetic cream on Day 4; not related to study medication
Overview of adverse events in elderlyPlacebo
N = 54
Nemorexant5 mg
N = 56
Nemorexant10 mg N = 54
Nemorexant25 mg N = 55
Nemorexant50 mgN = 56
Subjects with at least one AE [n (%)]Treatment emergent AE 8 (14.8) 13 (23.2) 12 (22.2) 10 (18.2) 16 (28.6)Treatment emergent AE of special interest after SafetyBoard adjudication
- - - - -
Treatment emergent AE related to study treatment 4 (7.4) 5 (8.9) 6 (11.1) 4 (7.3) 5 (8.9)AE leading to premature discontinuation of double-blind treatment
- - - 1 (1.8) 2 (3.6)
Treatment emergent serious AE - - - - -
Well tolerated at all tested doses with no evidence of dose-dependent adverse effects
Phase 3 initiation in insomnia | June 201822
Nemorexant is investigational, in development and not approved or marketed in any country.
Phase 2 conclusion
Nemorexant
Efficacy• Dose response confirmed in adults and elderly subjects
on objective sleep primary endpoint : WASO• Other endpoints results generally aligned to primary endpoints
Safety(in the limit of the study design)• No sign of rebound or withdrawal symptoms • No clinically relevant next morning hang-over effect• Good safety and tolerability in both age groups at all dose levels
Three doses selected for Phase 3 in both age groups• 10 mg, 25 mg and 50 mg
Phase 3 studies
Entry into man studies
Phase 2 studies
Phase 3 initiation in insomnia | June 201823
Nemorexant is investigational, in development and not approved or marketed in any country.
Phase 3 program concept: adults and elderly patients – 3 dose levels selected
Nemorexant
Efficacy1. Objective sleep parameters2. Subjective sleep parameters3. Daytime functioning assessed by a patient reported outcome instrument specifically
developed and validated by Idorsia according to FDA guidelines
Safety1. Adverse events, vital signs, biochemistry and hematology2. Next morning residual “hang-over” effect3. Withdrawal/physical dependence, and rebound
Clinical pharmacology studies including…• Driving performance, interaction (drugs, alcohol), abuse potential• Safety in specific population (COPD, obstructive sleep apnea, liver and renal impairment)
Phase 3 studies
Entry into man studies
Phase 2 studies
Phase 3 initiation in insomnia | June 201824
Nemorexant is investigational, in development and not approved or marketed in any country.
Phase 3 program overview
Nemorexant
Design• 3 double-blind, randomized, placebo-controlled,
multicenter international studies
Doses• 301: placebo, 25 mg & 50 mg • 302: placebo, 10 mg & 25 mg• 303: placebo, 10 mg, 25 mg, and 50 mg
Main studies (12 weeks) Extension study (40 weeks)
Duration• 3-month treatment in main studies, 301 & 302,
and 9-month in extension study, 303
Sample size (combined adult and elderly)• 900 patients/study• Extension study: All subjects who complete
either 301 or 302
301: placebo, 25 mg & 50 mg 303: placebo, 10 mg, 25 mg & 50 mg
302: placebo, 10 mg & 25 mg
Phase 3 studies
Entry into man studies
Phase 2 studies
Phase 3 initiation in insomnia | June 201825
Nemorexant is investigational, in development and not approved or marketed in any country.
Study design
Main studies 301 & 302
LD nemorexant
HD nemorexant
Placebo
V1 V3V2 V4 V5 V6 V7 EODBT, V8 V9 V10 V111st month 2nd month 3rd month EOT EOSRandomization
Screening 20-31days Treatment Period 84 days Safety Follow-up 30 days
Run-in Placebo or Low (LD) or high dose (HD) nemorexantDouble-blind
Run-out
301: LD = 25 mg; HD = 50 mg302: LD 0 10 mg; HD = 25 mg
Extension study
V = Visit= polysomnography
nights
EODBT = End of double-blind treatmentEOT = End-of-Treatment EOS = End-of-Study
Phase 3 studies
Entry into man studies
Phase 2 studies
Phase 3 initiation in insomnia | June 201826
Nemorexant is investigational, in development and not approved or marketed in any country.
Study Design
Extension study 303
V1 V2 V3 V4 EOS, V7Week 13 Week 26 Week 44Randomization
ID-078A301/02 Treatment Period 40 weeks Safety Follow up 30 days
Run out period Either Placebo, 10, 25 or 50mg nemorexantDouble-blind
Run out No treatmentNo blinding
EODBT, V5Week 40
EOT, V6Week 41Week 2
Run-out
10 mg nemorexant
25 mg nemorexant
50 mg nemorexant
10 mg nemorexant
25 mg nemorexant
50 mg nemorexant
Placebo
25 mg nemorexantPlacebo
Patients assigned to any nemorexant arms in the confirmatory studies will receive the same dosePatients assigned to placebo in the confirmatory studies will be randomized to receive either placebo or 25 mg nemorexant in a 1:1 ratio
Phase 3 studies
Entry into man studies
Phase 2 studies
Phase 3 initiation in insomnia | June 201827
Nemorexant is investigational, in development and not approved or marketed in any country.
In summary:
Phase 3 initiation in insomnia | June 201828
• From preclinical to phase 2: translation of product properties
− Promotes sleep and maintains a natural sleep architecture
− PK/PD profile optimized to combine effect during the night with low residual next morning plasma concentration/no “hang-over” effect
− Well tolerated at all dose levels tested (up to 50 mg)
• Phase 3 confirmatory program initiated
− Assessing the efficacy of nemorexant during the night and the impact on patient’s functioning during the day
− To assess the safety, including residual “hang-over” effect, withdrawal symptoms, and rebound
− In adult and elderly insomnia patients treated with nemorexant at three dose levels, 10 mg, 25 and 50 mg, for up to 12 months
− Comprehensive clinical pharmacology program conducted in parallel
Nemorexant
Nemorexant is investigational, in development and not approved or marketed in any country.
InsomniaCompound: Nemorexant
Mechanism of action: Dual orexin receptor antagonismStatus: Phase 3
“It really annoys me when people say ‘if you were really tired, you would sleep’. If only it were that simple! Unless you have suffered from true insomnia, you have absolutely no idea what it’s like.”- Patient
Phase 3 initiation in insomnia | June 201829