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1 October 25, 2018 Samantha Budd Haeberlein, PhD What have we learned from aducanumab? Biogen, Cambridge, MA, USA

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1

October 25, 2018

Samantha Budd Haeberlein, PhD

What have we learned from aducanumab?

Biogen, Cambridge, MA, USA

2

Disclaimer

• Aducanumab, is an investigational medicine and the benefit/risk profile has not been fully established. It has not received any marketing authorization and there is no guarantee that it will obtain such authorization in the future

• The information and any data presented is early interim data from ongoing clinical trials and it is made available for scientific discussion only, in consideration of the general interest of the scientific community with respect to any progress in the research and development of possible treatments for Alzheimer disease

• The information and any data presented are developed from scientific research and are not intended to predict the availability of any particular drug or therapy

Biogen licensed the worldwide rights to aducanumab from Neurimmune Holding AG in 2007 and is responsible for its development and the commercialization. As of October 22, 2017, Biogen and Eisai are collaborating on the development and commercialization of aducanumab globally.

3

Accumulation of Aβ is a core pathology in Alzheimer’s disease (AD)

Aβ, amyloid beta; APP, amyloid precursor protein.2017 Alzheimer’s Disease Facts and Figures. http://www.alz.org/documents_custom/2017-facts-and-figures.pdf. Accessed June 4, 2018; Dubois B, et al. Alzheimer’s & Dementia. 2016;12:292–323; Jack CR, et al. Brain. 2009;132:1355-1364.

4

Our understanding of the amyloid pathway today

1. Koffie RM, et al. PNAS. 2009;106:4012–4017; 2. Spires-Jones TL, et al. Neurobiol Dis. 2009;33:213–220; 3. Kuchibhotla KV, et al. Neuron. 2008 July 31; 59(2): 214–225; 4. Meyer-Luehmann M, et al. Nature. 2008;451:720–724; 5. Haass C & Selkoe DJ. Nat Rev Mol Cell Biol. 2007;8:101–112; 6. Selkoe DJ & Hardy J. EMBO Mol Med. 2016;8:595–608; 7. Wang ZX, et al. Mol Neurobiol. 2016;53:1905–24.

• The relevant pathological form of Aβ remains elusive• Soluble oligomers &/or insoluble fibrils may play important roles in disease

Monomer Oligomer Fibril Amyloid plaque

Soluble Insoluble

Aggregated

Altered neuronal and synaptic morphology1,2

Structural and functional disruption of neuronal networks2-5

Postulated as causative of Alzheimer’s disease6,7

5

Profiles of amyloid-targeted immunotherapies

RTM, reverse translational medicine; BACEi, β-site APP-cleaving enzyme inhibitor; N3pG, pyroglutamate amyloid beta.1. Sevigny et al, Nature. 2016;537:50-56; 2. Arndt J, et al. Sci Rep. 2018;8:6412; 3. Lord et al. Neurobiol Dis. 2009;36:425-34; 4. Bohrmann et al. J Alzheimers Dis. 2012;28:49-69; 5. Adolfsson et al. J Neurosci. 2012;32:9677-9689; 6. Atwal et al, Neurodegener Dis. 2017;17:591-1890. P828. 7. Bogstedt et al., J Alzheimers Dis. 2015;46:1091-1101; 8. DeMattos et al. Neuron. 2012 Dec 6;76:908-20; 9. Bard et al. Nat Med. 2000;6:916-919; 10. DeMattos et al. Proc Natl Acad Sci U S A. 2001;98:8850-8855.

Aducanumab1,2 BAN24013 Gantenerumab4 Crenezumab5,6 MEDI-18147 LY30028138 Bapineuzumab9 Solanezumab10

CurrentStatus Phase 3 Phase 2 Phase 3 Phase 3 Phase 1 Phase 2

(Combo with BACEi) Discontinued Partially halted

OriginHuman (RTM)

Humanized

Human(Phage display library + affinity

maturation)

Humanized

Human(Phage display library + affinity

maturation)

Humanized Humanized Humanized

Target Fibrillar and Oligomeric Aβ

Fibrillar and Oligomeric Aβ

Fibrillar and Oligomeric Aβ

All forms of Aβ:Oligomeric>

Fibrillar, Monomeric

Soluble monomeric Aβ(1-42) N3pG

All forms of Aβ:Fibrillar, Oligomeric,

Monomeric

Soluble monomeric Aβ

Epitope N-terminus (3-7)

N-terminus (1-16)

Nt (3-11) + mid (18-27) Mid-domain (13-24) C-terminus

(X-42) Aβp3-x N-terminus

(1-5) Mid-domain (16-26)

Effector Function Yes Yes Yes Reduced Reduced Yes Yes Yes

Plaque/CAA binding Yes Yes Yes Low ? Yes Yes No

ARIA Yes Yes Yes No No Yes Yes No

6

What we have learned about the molecular characteristics of aducanumab

7

Aducanumab is a human IgG1 anti-Aβ monoclonal antibody developed in partnership with Neurimmune

CMC, chemistry and manufacturing controls; IgG, immunoglobulin G; Tox, toxicology.Neurimmune. Reverse Translational Medicine™ Technology Platform, 2016. http://www.neurimmune.com/-technology/rtm-technology-platform-.html. Accessed June 4, 2018; Sevigny J et al. Nature. 2016;537:50–56.

Selected donor

cohorts

Immune response

B-cell screening

Antibody cloning

Recombinant production

In vitro validation

In vivo validation

CMC TOX

Clinical trial

Reverse Translational Medicine™ Technology

YY

Y

8

Aducanumab targets the N-terminus of Aβ

*Denotes development that has been discontinued or partially halted. Arndt J, et al. Sci Rep. 2018;8:6412.

1DAEFRHDSGYEVHHQKLVFFAEDVGSNKGAIIGLMVGGVVIA42

Bapineuzumab*J&J/Pfizer

1-5

Solanezumab*Eli Lilly16-26

Ponezumab*Pfizer30-40

CrenezumabGenentech

13-24

GantenerumabRoche

3-11/18-27

BAN2401Eisai/Biogen

1-16

AducanumabBiogen/Eisai/Neuroimmune

3-7

Aβ binding Specificity• All forms of Aβ• Aggregated Aβ• Soluble Aβ

Aβ amino acid sequence

9

Structure of aducanumab Fab with Aβ1-11 shows minimal conformational change in Fab upon peptide binding

CDRs, complementary-determining regions. Arndt J, et al. Sci Rep. 2018;8:6412; Sevigny, J. et al. Nature. 2016;537:50–56.

(2.1 Å) of aducanumab Fab with A1-11

• Residues 2-7 adopt an extended conformation• Key interactions with CDRs H2, H3, L3

10

Aducanumab is highly selective for Aβ aggregates

Right image reprinted with permission from Macmillan Publishers Ltd.1. Arndt J, et al. Sci Rep. 2018;8:6412; 2. Sevigny J, et al. Nature. 2016;537(7618):50–56, copyright 2016.

Binding to insoluble fibrillar and soluble oligomeric Aβ1-40

Dot Blot2

Binding of immunogold-labeled aducanumab

Binding of immunogold-labeled aducanumab

Aβ1-42 fibrils Antibody associated with fibrils

Negative Stain Electron Microscopy1

11

Aducanumab does not bind to soluble monomeric Aβ

EC50, half maximal effective concentration.Figures reprinted with permission from Macmillan Publishers Ltd: Sevigny J, et al. Nature. 2016;537(7618):50–56, copyright 2016.

chAducanumab

3D6 (Bapinuzumab)

0.0001 0.001 0.01 0.1 1 10 1000

0.4

0.8

1.2

1.6

chAducanumab

3D6 (Bapinuzumab)

[Antibody] (nM)

Abso

rban

ce (4

50 n

m)

0.001 0.01 0.1 1 1 0 100 1000

0

1

2

3

[Biotin-Aβ (1–40)] (nM)

Abso

rban

ce (4

50 n

m)

Aggregated Aβ42 peptide Soluble

Aβ40 peptide

(EC50 > 1000 nM)o (EC50 ≈ 0.2 nM)

• Biochemical assays demonstrate:o High affinity binding of BIIB037 for aggregated Aβ (EC50 ≈ 0.2nM)o No binding of BIIB037 to soluble monomeric Aβ (EC50 > 1000nM)

12

Aducanumab binding epitope may determine selective binding to Aβ aggregates

BSA, buried surface area; CDRs, complementary-determining regions. Arndt J, et al. Sci Rep. 2018;8:6412.Protein data bank (PDB): http://www.rcsb.org/pdb/home/home.do. Accessed October 24, 2018. Bapineuzumab structure: PDB ID 4HIX; Gantenerumab structure: PDB ID 5CSZ; PFA1 structure: PDB ID 2IPU.

H2

H3L1

L3

Buried Surface Area (Å2)

Contacts

aducanumab 506 12BAN2401 610 18PFA1 670 20bapineuzumab 565 23gantenerumab 903 24

Aducanumab Fab complexed with Aβ(1-11)

peptide (2.1Å)

Adu binds to Aβ 3-7

A2E3F4H6

D7 R5

D1

H6bapineuzumabaducanumab

• A shallow and compact epitope may contribute to the selectivity for high molecular weight Aβ forms, without targeting Aβ monomers

13

Aducanumab achieves sufficient brain exposure to bind amyloid deposits in APP transgenic mice (Tg2576)

APP, amyloid precursor protein; IHC, immunohistochemistry. Images reprinted with permission from Macmillan Publishers Ltd: Sevigny J, et al. Nature. 2016;537(7618):50–56, copyright 2016.

AβAducanumab

In vivo binding of aducanumab to amyloid deposits

Visualized with anti-human IHC

Pattern of amyloid deposition Serial section visualized with

pan-Aβ IHC

14

6-month aducanumab dosing reduces amyloid plaque in a dose-dependent manner in transgenic mice (Tg2576)

DEA, diethylamine; ThioS, thioflavin S. *P<0.05 versus control.Sevigny J, et al. Nature 2016;537:50–56.

Guanidine Fraction

PBS 0.3 1 3 10 300

20

40

60

80

100

120

% o

f con

trol

Cortex

PBS 0.3 1 3 10 300

20

40

60

80

100

120

Dose (mg/kg)

% c

ontr

olDEA Fraction

PBS 0.3 1 3 10 300

20

40

60

80

100

120 Aβ40Aβ42

% o

f con

trol

Hippocampus

PBS 0.3 1 3 10 300

20

40

60

80

100

120 6E10ThioS

Dose (mg/kg)

% c

ontr

ol* * * *

** ** ** ***** *

* * * * *-50%

-50%

15

Aducanumab restores neurite calcium levels in transgenic mice with amyloid plaques

YFP, yellow fluorescent protein; CFP, cyan fluorescent protein.Kastenaka, KV. et al. Neurobiol. Dis. 2016;536:12549–12558.

Aducanumab

Control antibody

Multiphoton live imaging in

Tg2576 mouse brain

35

16

Aducanumab recruits microglial cells and induces phagocytosis-mediated clearance of amyloid plaques in Tg2576 mice

PBS, phosphate buffered saline; Iba-1, ionizing calcium-binding adaptor molecule 1.Sevigny J, et al. Nature 2016;537:50–56.

PBS Aducanumab-treated

Aβ Iba-1

17

Clinical learnings from the Phase 1b PRIME study

18

Aducanumab Phase 1b study (PRIME) design

PK, pharmacokinetics; PD, pharmacodynamics; LTE, long-term extension; MCI, mild cognitive impairment; MMSE, Mini–Mental State Examination; PET, positron-emission tomography; CDR-SB, Clinical Dementia Rating-Sum of Boxes. *Pooled placebo group.ClinicalTrials.gov: https://clinicaltrials.gov/ct2/show/NCT03718819. Accessed October 24, 2018.

Population Treatment Arms Endpoints

• Prodromal/MCI due to AD mild AD dementia

• MMSE ≥20

• Stable concomitant medications

• Positive amyloid PET

• Primary endpoint: safety & tolerability

• Secondary endpoints: serum PK, immunogenicity, change in amyloid PET (Week 26)

• Exploratory endpoints included CDR–SB, MMSE, change in amyloid PET (Week 54); in the LTE all endpoints except safety were exploratory

Placebo* (n=48)

1 mg/kg (n=31)

3 mg/kg (n=31)

6 mg/kg (n=30)

10 mg/kg (n=32)

Titration ApoE ε4 carriers; 1→10 mg/kg (n=23)

• Randomization: 3:1 active: placebo within cohorts, fixed-dose cohorts stratified by ApoE ε4 status• Patients randomized to placebo in the placebo-controlled period were switched to aducanumab 3 mg/kg or a titration

regimen in the LTE (“placebo switchers”). Patients randomized to aducanumab 3, 6, or 10 mg/kg or titration in the placebo-controlled period continued in the same dose group in the LTE (“continuers”)

• PRIME is an ongoing Phase 1b study assessing the safety, tolerability, PK and PD of aducanumab in patients with prodromal or mild Alzheimer’s disease dementia

• 197 subjects randomized, 196 dosed; 12-month placebo-controlled period, ongoing LTE

19

Target engagement

20

Amyloid plaque reduction as a measure of target engagement

11C-PiB PET, Pittsburgh compound B positron-emission tomography.*Difference between patients in the placebo group and those in the bapineuzumab group at week 78= -0.24 (p=0.003).1. Rinne et al. Lancet. 2010;9:363-372; 2. Ostrowitzki et al Arch Neurology. 2012;69:198-207.

• Amyloid PET when the PRIME study started was a very new technology for multicenter clinical trials

• Two pioneering studies bapineuzumab (11C-PiB PET) and gantenerumab moved the fields understanding on

• Sample sizes

• Placebo response

• Analysis methodologies

• Aducanumab PRIME study

• Screened all subjects for baseline levels of amyloid

• >20 clinical sites

• 18F-AV-45 (Amyvid)

• Larger sample sizes per arm

Bapineuzumab1

Gantenerumab2

21

Aducanumab target engagement: dose- and time-dependent reduction in amyloid plaque as measured by PET

ANCOVA, analysis of covariance; PET, positron-emission tomography; SE, standard error; SUVR, standard uptake value ratio.Nominal p values: * P<0.05; **P<0.01; ***P<0.001 vs placebo. Analyses based on observed data. ANCOVA for change from baseline with factors of treatment, laboratory ApoE ε4 status (carrier and non-carrier), and baseline composite SUVR. PD analysis population is defined as all randomized patients who received at least 1 dose of study medication and had at least 1 post-baseline assessment of the parameter.1. Viglietta et al. Aducanumab titration dosing regimen: 12-month interim analysis from PRIME, a randomized, double-blind, placebo-controlled Phase 1b study in patients with prodromal or mild Alzheimer’s disease. Presented at the 9th edition of Clinical Trials on Alzheimer’s Disease (CTAD), December 8‒10, 2016, San Diego, CA, USA; 2. Sevigny J, et al. Nature. 2016;537:50–56.

Baseline One year

Placebo

3 mg/kg

6 mg/kg

10 mg/kg

• Statistically significant reduction in amyloid plaque seen as early as 6 months• No increase in placebo arms

Dose and time dependent reduction in composite SUVR (PET)1

Amyloid-β (Aβ) plaque reduction:example amyloid PET images2

22

Aducanumab target engagement: dose- and time-dependent reduction in amyloid plaque in SUVR and centiloid

ANCOVA, analysis of covariance; SE, standard error; SUVR, standard uptake value ratio.Nominal p values: * P<0.05; **P<0.01; ***P<0.001 vs placebo. Analyses based on observed data. ANCOVA for change from baseline with factors of treatment, laboratory ApoE ε4 status (carrier and non-carrier), and baseline composite SUVR. PD analysis population is defined as all randomized patients who received at least 1 dose of study medication and had at least 1 post-baseline assessment of the parameter. 1. Viglietta et al. Aducanumab titration dosing regimen: 12-month interim analysis from PRIME, a randomized, double-blind, placebo-controlled Phase 1b study in patients with prodromal or mild Alzheimer’s disease. Presented at the 9th edition of Clinical Trials on Alzheimer’s Disease (CTAD), December 8‒10, 2016, San Diego, CA, USA Viglietta et al. Data presented at CTAD 2016; 2. Data on file.

10

0

-10

-20

-30

-40

-50

-700 26 54

Analysis visit (weeks)

**

******

***

*

******

***

-28.25

-10.18

-36.37

-45.60

-57.31-60

Weeks 0 26 54Placebo n=42 42 381 mg/kg n=26 26 213 mg/kg n=29 27 266 mg/kg n=24 23 2310 mg/kg n=28 27 21Titration n=18 17 16Ad

ucan

umab

3.97

Standardization:• Centiloid facilitates cross ligand / cross trial comparison

Cen

tiloi

dSc

ale

Adju

sted

mea

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SE)

Change in SUVR1 Change in centiloid2

23

Dose- and time-dependent reductions in SUVR observed with aducanumab regardless of reference/target regions

SUVR, standard uptake value ratio.P<0.05; **P<0.01; ***P<0.001 vs placebo. Analyses based on observed data. ANCOVA for change from baseline with factors of treatment, laboratory ApoE ε4 status (carrier and non-carrier), and baseline composite SUVR. PD analysis population is defined as all randomized patients who received at least 1 dose of study medication and had at least 1 post-baseline assessment of the parameter.Chiao P et al. J Nucl Med. 2018;pii: jnumed.118.209130. [Epub ahead of print]; Sevigny J et al. Nature. 2016;537:50-56.

Effect size for each brain target region in 10 mg/kg aducanumab group by reference region at week 54

Aducanumab reduces amyloid plaque in regions anticipated to have amyloid

24

Aducanumab reduction in amyloid plaque is equivalent across prodromal/MCI due to AD and Mild AD dementia

MCI, mild cognitive impairment; ANCOVA, analysis of covariance; SE, standard error.Analysis based on ANCOVA model with factors of treatment, ApoE ε4 status (carrier/non-carrier) and baseline.Data on file.

-0.35

-0.30

-0.25

-0.20

-0.15

-0.10

-0.05

0.00

0.05

0 26 54-0.35

-0.30

-0.25

-0.20

-0.15

-0.10

-0.05

0.00

0.05

0 26 54

Mild AD dementiaProdromal AD

Week Week

Weeks 54Placebo 181 mg kg 83 mg/kg 126 mg/kg 1010 mg/kg 12Titration 10

Weeks 54Placebo 201 mg kg 133 mg/kg 146 mg/kg 1310 mg/kg 9Titration 6Ad

just

ed m

ean

chan

ge ±

SE

25

Aducanumab reduction in amyloid plaque is equivalent in ApoE ε4 carriers and non-carriers

ANCOVA, analysis of covariance; SE, standard error.Analysis based on ANCOVA model with factors of treatment and baseline.Data on file.

-0.35

-0.30

-0.25

-0.20

-0.15

-0.10

-0.05

0.00

0.05

0 26 54-0.35

-0.30

-0.25

-0.20

-0.15

-0.10

-0.05

0.00

0.05

0 26 54

Carrier Non-carrier

Week Week

Weeks 54Placebo 271 mg kg 123 mg/kg 176 mg/kg 1710 mg/kg 14Titration 16

Weeks 54Placebo 111 mg kg 93 mg/kg 96 mg/kg 610 mg/kg 7Titration -

Adju

sted

mea

n ch

ange

±SE

26

Aducanumab continues to reduce amyloid plaque levelsover 48 Months – by up to 75 centiloid units

LTE, long-term extension; MMRM, mixed model for repeated measures; PBO, placebo; SE, standard error, SUVR, standard uptake value ratio. * P<0.05; ** P<0.01; *** P<0.001 vs PBO in the placebo-controlled period and vs PBO switchers in the LTE period.Results based on MMRM, fitted with change from baseline as a dependent variable, and included fixed effects for categorical treatment, categorical visit and treatment-by-visit interaction, continuous baseline value, and laboratory ApoE ε4 status (carrier and non-carrier). Data on file.

-105

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0 26 54 110 166 222

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Placebo-controlled period

LTE period(all patients received aducanumab)

Weeks 0 26 54 110 166 222Placebo n=34 34 30 PBO switchers 18 15 121 mg kg n=26 26 21 3 mg/kg 13 6 73 mg/kg n=29 27 26 18 12 136 mg/kg n=24 23 23 18 15 1010 mg/kg n=28 27 21 13 7 7Ad

ucan

umab

Analysis visit (weeks)

Change from baseline at Week 222 (SUVR units)

-51.20

-57.63

-75.01-71.53

Placebo switchers

Continuers

**

**

-57.26

27

Aducanumab reduction in amyloid plaque falls below a purported SUVR cut point for positive pathology

0.90

1.00

1.10

1.20

1.30

1.40

1.50

0 26 54 110 166 222

Mea

n SU

VR (±

SE)

Weeks 0 26 54 110 166 222Placebo n=34 34 30 PBO switchers 18 15 121 mg kg n=26 26 21 3 mg/kg 13 6 73 mg/kg n=29 27 26 18 12 136 mg/kg n=24 23 23 18 15 1010 mg/kg n=28 27 21 13 7 7Ad

ucan

umab

Analysis visit (weeks)

Placebo switchers

Continuers

(a)

Placebo-controlled period

LTE period(all patients received aducanumab)

LTE, long-term extension; SUVR, standardized uptake value ratio; SE, standard error. 1. Joshi AD, et al. J Nucl Med. 2015;56:1736-1741.Data on file.

aThe value of 1.10 is a purported quantitative cut-point that discriminates between positive and negative scans.1

28

Clinical endpoints (Exploratory endpoints in Phase 1b study)

29

Clinical proof of concept: effect of aducanumab on clinical decline as measured by CDR-SB & MMSE

MMRM, mixed model for repeated measures. CDR-SB, Clinical Dementia Rating–Sum of Boxes; LTE, long-term extension; PBO, placebo; SE, standard error.Viglietta et al. Aducanumab titration dosing regimen: 12-month interim analysis from PRIME, a randomized, double-blind, placebo-controlled Phase 1b study in patients with prodromal or mild Alzheimer’s disease. Presented at the 9th edition of Clinical Trials on Alzheimer’s Disease (CTAD), December 8‒10, 2016, San Diego, CA, USA.

Change in CDR-SB Change in MMSE

CDR-SB is an exploratory endpoint. Analyses based on observed data. ANCOVA for change from baseline with factors of treatment, laboratory ApoE ε4 status (carrier and non-carrier), and baseline CDR-SB. Efficacy analysis population is defined as all randomized subjects who received at least 1 dose of study medication and had at least 1 post-baseline questionnaire assessment

MMSE is an exploratory endpoint. Analyses based on observed data. ANCOVA for change from baseline with factors of treatment, laboratory ApoE ε4 status (carrier and non-carrier), and baseline MMSE. Efficacy analysis population is defined as all randomized patients who received at least 1 dose of study medication and had at least 1 post-baseline questionnaire assessment.

30

Clinical stage impacts disease progression in the placebo arms but does not impact treatment effect of aducanumab

MMSE, Mini–Mental State Examination; CDR-SB, Clinical Dementia Rating-Sum of Boxes; SE, standard error; ANCOVA, analysis of covariance.Analysis based on ANCOVA model with factors of treatment, ApoE ε4 status (carrier/non-carrier) and baseline.Data on file.

0.00.51.01.52.02.53.0

0 26 540.00.51.01.52.02.53.0

0 26 54

Mild AD DementiaProdromal AD Weeks 54Placebo 181 mg kg 83 mg/kg 126 mg/kg 1010 mg/kg 10Titration 12

Weeks 54Placebo 211 mg kg 153 mg/kg 156 mg/kg 1610 mg/kg 13Titration 9

Adju

sted

mea

n ch

ange

±SE

CDR-SB

MMSE

-4.0-3.5-3.0-2.5-2.0-1.5-1.0-0.50.00.51.0

0 24 52-4.0-3.5-3.0-2.5-2.0-1.5-1.0-0.50.00.51.0

0 26 54Week Week

Weeks 52Placebo 191 mg kg 93 mg/kg 126 mg/kg 1010 mg/kg 12Titration 12

Weeks 54Placebo 211 mg kg 163 mg/kg 146 mg/kg 1610 mg/kg 13Titration 9

Adju

sted

mea

n ch

ange

±SE

31

ApoE ε4 status does not impact disease progression or treatment effect with Aducanumab on CDR-SB and MMSE

MMSE, Mini–Mental State Examination; CDR-SB, Clinical Dementia Rating-Sum of Boxes; SE, standard error; ANCOVA, analysis of covarianceAnalysis based on ANCOVA model with factors of treatment, ApoE E4 status (carrier/non-carrier) and baseline.Data on file.

Adju

sted

mea

n ch

ange

±SE

CDR-SB

MMSE

Week Week

Adju

sted

mea

n ch

ange

±SE

Carrier Weeks 54Placebo 281 mg kg 133 mg/kg 186 mg/kg 1910 mg/kg 16Titration 21

Weeks 54Placebo 111 mg kg 103 mg/kg 96 mg/kg 710 mg/kg 7Titration -

Weeks 52Placebo 281 mg kg 153 mg/kg 176 mg/kg 1910 mg/kg 16Titration 21

Weeks 52Placebo 121 mg kg 103 mg/kg 96 mg/kg 710 mg/kg 9Titration -

-0.50.00.51.01.52.02.53.0

0 26 54-0.50.00.51.01.52.02.53.0

0 26 54

Non-carrier

-4.0-3.5-3.0-2.5-2.0-1.5-1.0-0.50.00.51.0

0 24 52-4.0-3.5-3.0-2.5-2.0-1.5-1.0-0.50.00.51.0

0 24 52

33

PRIME: Treatment up to 48 months CDR–SB & MMSE data suggests clinical benefit in patients continuing aducanumab

MMRM, mixed model for repeated measures. CDR-SB, Clinical Dementia Rating–Sum of Boxes; LTE, long-term extension; PBO, placebo; SE, standard error.Analysis based on ANCOVA model with factors of treatment, ApoE E4 status (carrier/non-carrier) and baseline.Data on file.

0123456789

10

0 26 54 78 110 134 166 190 222

Weeks 0 26 54 78 110 134 166 190 222

Placebo n=36 36 31 3 or 3→6 mg/kg 23 21 18 17 15 13

1 mg kg n=28 28 23 3 mg/kg 15 14 9 10 9 8

3 mg/kg n=30 30 27 21 16 14 14 14 14

6 mg/kg n=27 27 26 24 23 18 16 14 12

10 mg/kg n=28 28 23 14 15 12 10 9 9

Change in CDR-SB Change in MMSE

CDR-SB is an exploratory endpoint. Results based on MMRM, fitted with change from baseline as a dependent variable, and included fixed effects for categorical treatment, categorical visit and treatment-by-visit interaction, continuous baseline value, and laboratory ApoE ε4 status (carrier and non-carrier).

*P<0.05 (vs placebo [Week 52] or placebo switchers [Weeks 76,108,132,164,188 and 220]). MMSE is an exploratory endpoint. Results based on MMRM, fitted with change from baseline as a dependent variable, and included fixed effects for categorical treatment, categorical visit and treatment-by-visit interaction, continuous baseline value, and laboratory ApoE ε4 status (carrier and non-carrier).

LTE period(all patients received aducanumab)

Placebo-controlled

period

Aduc

anum

ab

Adju

sted

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from

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SE)

Analysis visit (weeks)

Difference from placebo switchers at Week 222

1.49

-1.38

-3.09

0.79

LTE period(all patients received aducanumab)

Placebo-controlled

period

-15-14-13-12-11-10

-9-8-7-6-5-4-3-2-101

0 24 52 76 108 132 164 188 220Analysis visit (weeks)

Adju

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e (±

SE)

Difference from placebo switchers at Week 220

0.75

2.02

5.42

-2.39

*

Weeks 0 24 52 76 108 132 164 188 220

Placebo n=37 36 32 3 or 3→6 mg/kg 24 21 18 17 16 14

1 mg kg n=26 26 25 3 mg/kg 15 15 10 10 9 8

3 mg/kg n=29 29 26 21 17 15 14 14 14

6 mg/kg n=28 28 26 24 23 18 17 14 11

10 mg/kg n=30 29 25 14 15 13 12 8 9Aduc

anum

ab

** *

34

PRIME: Reduction in brain amyloid correlates with slowing of cognitive decline at the individual and group levels

Data on file. Analyses based on subjects who had changes from baseline at Week 54 in both amyloid PET SUVR and CDR-SB. Amyloid PET SUVR is calculated using whole cerebellum.a. The partial correlations that adjusted for the baseline amyloid PET SUVR were presented.b. Based on ANCOVA for change from baseline in PET SUVR, with factors of treatment, laboratory ApoE ε4 status (carrier and non-carrier) and baseline PET.c. Based on ANCOVA for change from baseline in CDR-SB, with factors of treatment, laboratory ApoE ε4 status (carrier and non-carrier), baseline CDR-SB, and baseline PET.

Correlation between changes in PET SUVR and CDR-SB at Week 54 adjusting for

baseline PET SUVR (a)

N Pearson correlation

P-value

Placebo 37 -0.03 0.8854

1 mg/kg 21 0.03 0.9163

3 mg/kg 26 0.49 0.0119

6 mg/kg 23 0.24 0.2861

Titration 16 0.39 0.1485

10 mg/kg 19 0.64 0.0034

At the Individual-subject LevelReduction in brain amyloid is significantly correlated

with slowing of cognitive decline as measured by CDR-SB in the 10 mg/kg group at Week 54

At the Group (Dose) LevelTreatment-induced reduction in brain amyloid is

correlated with treatment-induced slowing of cognitive decline as measured by CDR-SB at Week 54

Improv

ing

Improving

Amyloid PET SUVR: Adjusted mean difference from placebo in change from baseline at Week 54 (b)

CD

R-S

B: A

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n di

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nce

from

PB

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35

-3.5-3

-2.5-2

-1.5-1

-0.50

0.5

0 24 52

What about the 6 mg/kg cohort?

ANCOVA, analysis of covariance; ARIA-E, amyloid-related imaging abnormalities - vasogenic edema; CDR-SB, Clinical Dementia Rating–Sum of Boxes; MMSE, Mini-Mental State Examination; SE, standard error; SUVR, standard uptake value ratio. Nominal p values: * P<0.05; **P<0.01; ***P<0.001 vs placebo. Analyses based on observed data. ANCOVA for change from baseline with factors of treatment, laboratory ApoE ε4 status (carrier and non-carrier), and baseline CDR-SB. Efficacy analysis population is defined as all randomized subjects who received at least 1 dose of study medication and had at least 1 post-baseline questionnaire assessment. PD analysis population is defined as all randomized patients who received at least 1 dose of study medication and had at least 1 post-baseline assessment of the parameter. Viglietta et al. Aducanumab titration dosing regimen: 12-month interim analysis from PRIME, a randomized, double-blind, placebo-controlled Phase 1b study in patients with prodromal or mild Alzheimer’s disease. Presented at the 9th edition of Clinical Trials on Alzheimer’s Disease (CTAD), December 8‒10, 2016, San Diego, CA, USA.

• PET performs as expected in the 6mg/kg cohort• But 6 mg/kg does not perform as expected on the

clinical endpoints – particularly MMSE• We have done an extensive review of the data

• No detectable differences in baseline characteristics• Baseline MMSE and CDR-SB scores not different than

other cohorts• Placebo decline of 6mg/kg cohort is consistent with other

cohorts• No detectable enrollment, site/rater differences

• Majority of data was collected prior to announcement of first results in 1, 3, and 10 mg/kg cohorts.

• These sample sizes are very small for clinical endpoints; PRIME was not powered to detect clinical effects

• The inconsistency is either due to chance alone, resulting from the small sample sizes, or caused by unknown or unobserved factors.

• In the phase 3 study, parallel group design and larger sample size should address similar inconsistencies

Difference from placebo at Week 52

MMSE

Analysis visit (weeks)

* 1.91

1.70

0.25

0.47

1.46

Adju

sted

mea

n ch

ange

from

ba

selin

e (

SE)

Placebo n= 45, 44, 40 1mg/kg adu n= 26, 26, 25 3mg/kg adu n= 29, 29, 26

6 mg/kg adu n= 28, 28, 26 10 mg/kg adu n= 30, 29, 25 Titration n= 21, 20, 21

Amyloid plaque reduction by SUVR

-0.3

-0.2

-0.1

0

Com

posi

te S

UVR

, ad

just

ed m

ean

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om b

asel

ine

(±SE

) Placebo(42)

1(26)

Aducanumab, mg/kg (n)

3(27)

6(23)

10(27)

Titration(17)

Week 26

Placebo(38)

1(21)

Aducanumab, mg/kg (n)

3(26)

6(23)

10(21)

Titration(16)

Week 54

**

***

***

*

***

***

***

***

36

Safety

37

ARIA (amyloid related imaging abnormalities)

ARIA, amyloid related imaging abnormalities; CAA, Cerebral Amyloid Angiopathy. Sperling R et al. Alzheimers Dement. 2011;7:367-385.

• The term ARIA refers to a spectrum of MRI signal abnormalities observed in the clinical trials of amyloid lowering agents.

• Image presentation as vasogenic edema (ARIA-E) or deposition of heme products (ARIA-H)

• Spontaneous ARIA-like events can occur in untreated AD and CAA

• The mechanism leading to ARIA are not fully elucidated

o Putative pathophysiological basis thought to be increased vascular permeability triggered by removal of parenchymal/ vascular amyloid

ARIA-E ARIA-H

38

ARIA characteristics in PRIME

ARIA-E, amyloid-related imaging abnormalities - vasogenic edema; ARIA-H, amyloid-related imaging abnormalities – haemosiderin.Data on file.

• Since the start of the PRIME study, ARIA-E has been observed in 46 of the 185 patients doses with aducanumab, with a cumulative incidence of 25% over the course of the study

• Of the 46 patients with ARIA-E (± ARIA-H), 28 (61%) were asymptomatic and 18 (39%) had associated symptoms, which were typically mild

• ARIA-E resolved on MRI in 44 of 46 patients and was ongoing in 2 patients at the time of withdrawal. In most cases resolving as assessed by MRI 4-12 weeks after onset

• 8 patients experienced more than one event of ARIA-E (recurrent ARIA-E) which was similar to initial events• The incidence of ARIA-E in fixed dose cohorts was dose-dependent and occurred more frequently in ApoE ε4

carriers• The incidence of ARIA-E during the placebo-controlled period was lower in ApoE ε4 carriers receiving

aducanumab titrated to 10mg/kg (35%) than in ApoE e4 carriers receiving fixed doses of 6mg/kg (43%) or 10mg/kg (55%) of aducanumab

• The incidence of ARIA-H not accompanied by ARIA-E in the placebo-controlled period was low and similar across dose groups

39

ARIA-E tends to occur early in the course of treatment with aducanumab

Patients switching from 1mg/kg after 14 infusions to 3mg/kg

ARIA-E, amyloid-related imaging abnormalities - vasogenic edema.Data on file.

40

What we will learn (Phase 3)

41

Aducanumab Phase 3 studies ENGAGE & EMERGE

Studies Two 18‐month, randomized, double‐blind, placebo‐controlled, Phase 3 studies 

Geography ~360 sites in 20 countries

Population MCI due to AD  + mild AD dementia• MMSE 24‐30, CDR‐G 0.5, RBANS ≤ 85, enriched using Amyloid PET

Doses Two dose levels (low & high) and placebo, randomized 1:1:1

Duration 18 months; followed by long‐term extension

Primary endpoint CDR sum of boxes 

Other endpoints Secondary: MMSE, ADAS‐Cog 13, ADCS‐ADL‐MCI Biomarkers: Aβ PET, tf‐MRI, ASL‐MRI, PBMC, blood‐based biomarkers Sub‐studies: Amyloid PET, Tau PET, CSF disease‐related markers 

Sample size ~1605 per study

Strong engagement and high interest of clinical sites/community in aducanumab• ~12,500 patients screened• Enrollment has completed July 2018

ADAS-Cog 13, Alzheimer’s Disease Assessment Scale-Cognitive Subscale (13-item); ADCS-ADL-MCI, Alzheimer’s Disease Cooperative Study-Activities of Daily Living Inventory (Mild Cognitive Impairment version); ASL-MRI, arterial spin labelling MRI; fMRI, functional MRI; MCI, mild cognitive impairment; MMSE, Mini-Mental State Examination; PBMC, peripheral blood mononuclear cells; PET, positron-emission tomography; RBANS, Repeatable Battery for Assessment of Neuropsychological Status.ClinicalTrials.gov: https://clinicaltrials.gov/ct2/show/NCT02477800. Accessed October 24, 2018; ClinicalTrials.gov: https://clinicaltrials.gov/ct2/show/NCT02484547. Accessed October 24, 2018; Data on file.

42

With thanks!

Al SandrockPhilipp von RosenstielCarmen Castrillo-VigueraPing HeChristian von Hehn LeAnne SkordosYing TianLiz MillerAngela NeufeldKumar Kandadi Muralidharan Spyros Chalkias Claudia PradaLaura NisenbaumTina OlssonJohn O’Gorman Kim UmansHelen Lockett Thierry BussierePaul WeinrebFang QianJoe ArndtBen SmithChao QuanKrishna Praneeth KilambiBlake PepinskyShobha Purushothama

Katie HarrisonLindsey SimovKatherine OrtizDakshaben PatelShannon HohengasserEdwin Cuthbert Tianle ChenShuang WuHuijuan Xu Linda MaherLily HuangLinda D’AmoreMin YeeMatt StagrayGersham DentKarl EvansPrashant BansalRaj Rajagovindan Maggie Yingkrunal ShahDaisy NietoJulie Ranuio Shane McLoughlinPoorvi ChablaniTim MullenKen LovedayJennifer Clark

Blanche TavernierKerry LovelaceDawn FentonBrett EverhartFabienne Emery SalbertGiovanni FacciponteHelle SeemJaime TorringtonKatharina BruppacherElizabeth ThelanderMichelle BarringtonPaola MarconPedro Allende EchevarrietaPeter KrachtPrzemyslaw SetnyBea Vanzieleghem Kayoko SakayoriNori HidakaTetsuhiro ShiotaSatoshi Tamura Naohiro HondaEmi Yamaoka Yosuke Tachibana Narinder ChopraKate WilsonCharity RoddyMarianne BachSharon Allin

Jan GrimmMarcel Maier

Christoph HockRoger Nitsch

Patients, their caregivers, our Investigators and staff at the clinical trial sites

Martin BushThomas Walz

Ksenia KastanenkaBrian Bacskai

Aducanumab Data Safety Monitoring Committee

Aducanumab Ph3 Steering Committee