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MAY 22, 2018 IR CALL WORLD FEDERATION OF HEMOPHILIA CONGRESS V ALOCTOCOGENE ROXAPARVOVEC PROGRAM UPDATE

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Page 1: WORLD FEDERATION OF HEMOPHILIA ONGRESS …filecache.investorroom.com/mr5ir_biomarin/285/download... · 2018-05-22 · 2 This press release contains forward-looking statements about

MAY 22, 2018 IR CALL

WORLD FEDERATION OF HEMOPHILIA CONGRESS

VALOCTOCOGENE ROXAPARVOVEC PROGRAM UPDATE

Page 2: WORLD FEDERATION OF HEMOPHILIA ONGRESS …filecache.investorroom.com/mr5ir_biomarin/285/download... · 2018-05-22 · 2 This press release contains forward-looking statements about

2

This press release contains forward-looking statements about the business prospects of BioMarin Pharmaceutical Inc., including without limitation, statements about the development of BioMarin's valoctocogene roxaparvovec program generally, the impact of valoctocogene roxaparvovec gene therapy for treating patients with severe hemophilia A, the potential for valoctocogene roxaparvovec to bring Factor VIII levels to normal, near normal or mild, and to reduce or eliminate bleeds, reduce the number of Factor VIII infusions, improve the quality of life, the planned Phase 3 clinical program, the ongoing Phase 1/2 study, Phase 1/2 study in people with AAV5+, or other possible future clinical studies of valoctocogene roxaparvovec. These forward-looking statements are predictions and involve risks and uncertainties such that actual results may differ materially from these statements. These risks and uncertainties include, among others: results and timing of current and planned preclinical studies and clinical trials of valoctocogene roxaparvovec, including final analysis of the above interim data; any potential adverse events observed in the continuing monitoring of the patients in the Phase 1/2 trial; the content and timing of decisions by the U.S. Food and Drug Administration, the European Commission and other regulatory authorities; the content and timing of decisions by local and central ethics committees regarding the clinical trials; our ability to successfully manufacture the product candidate for the preclinical and clinical trials; and those other risks detailed from time to time under the caption "Risk Factors" and elsewhere in BioMarin’s Securities and Exchange Commission (SEC) filings, including BioMarin's Quarterly Report on Form 10-Q for the quarter ended September 30, 2017, and future filings and reports by BioMarin. BioMarin undertakes no duty or obligation to update any forward-looking statements contained in this press release as a result of new information, future events or changes in its expectations.

BioMarin® is a registered trademarks of BioMarin Pharmaceutical Inc.

Safe Harbor Statement

Page 3: WORLD FEDERATION OF HEMOPHILIA ONGRESS …filecache.investorroom.com/mr5ir_biomarin/285/download... · 2018-05-22 · 2 This press release contains forward-looking statements about

WELCOME AND INTRODUCTION

GEOFF NICHOL, SENIOR VICE PRESIDENT, CHIEF MEDICAL OFFICER AND HEAD OF GLOBAL CLINICAL DEVELOPMENT

STUART BUNTING, FELLOW, TRANSLATIONAL BIOLOGY

BARRIE CARTER, VICE PRESIDENT, VECTOR BIOLOGY

HANK FUCHS, PRESIDENT, WORLDWIDE R&D

Page 4: WORLD FEDERATION OF HEMOPHILIA ONGRESS …filecache.investorroom.com/mr5ir_biomarin/285/download... · 2018-05-22 · 2 This press release contains forward-looking statements about

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BMN 270 FAVOURABLE SAFETY PROFILE AS OF 16 APRIL 2018

• Transient transaminitis

• 73% of subjects; now all resolved

• 93% Grade 1, 7 % Grade 2 ALT elevation

• Median onset at 7.6 weeks; duration <25.3 weeks post onset

• All subjects are off corticosteroids

• No subject developed inhibitors to FVIII; no subject withdrew

• 2 SAEs, both self-limited

• Pyrexia, resolved overnight

• Total knee replacement for pre-existing arthropathy

• Most common other AEs across all dose cohorts:

• Arthralgia (60%); headache (47%), back pain (40%)

• Viral upper respiratory tract infection (40%), fatigue, insomnia, pain in extremity (33%)

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SUBSTANTIAL REDUCTION IN TREATED ANNUALIZED BLEED RATE (ABR) STARTING FROM 4 WEEKS POST-INFUSION

6e13 dose through week 104 4e13 dose through week 52

% Patients Bleed Free

16.5

0

16.3

0.50

5

10

15

20

Pre-infusion Post-infusion

AB

R (

ep

iso

de

s/ye

ar)

median mean

8

0

12.2

1

0

5

10

15

Pre-infusion Post-infusion

AB

R (

epis

od

es/y

ear)

median mean

97% REDUCTION in MEAN ABR 92% REDUCTION in MEAN ABR

Baseline Year 1 Year 2

14% 71% 86%

% Patients Bleed Free

Baseline Year 1

17% 83%

All patients off prophylaxis

100% resolution in target joints

All patients off prophylaxis

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SUBSTANTIAL REDUCTION IN MEAN ANNUALIZED FVIII USAGESTARTING FROM 4 WEEKS POST- INFUSION

6e13 vg/kg dose through week 104 4e13 vg/kg dose through week 52

139

0

137

5.30

20

40

60

80

100

120

140

160

Pre-infusion Post-infusion

An

nu

aliz

ed

FV

III U

sage

(i

nfu

sio

ns/

year

)

median mean

156

0

147

2.50

20

40

60

80

100

120

140

160

180

Pre-infusion Post-infusion

An

nu

aliz

ed

FV

III U

sage

(i

nfu

sio

ns/

year

)

median mean

98% REDUCTION in MEAN FVIII USAGE96% REDUCTION in MEAN FVIII USAGE

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BMN 270 SUBSTANTIALLY IMPROVED QOL

Dashed line indicate distribution based minimally clinical important difference (MCID) at lower

threshold

* Pocoski J et al., 2014

QOL improvement observed in all 6 domains; i.e. Consequences of Bleeding, Emotional Impact, Physical Functioning, Role Functioning, Treatment Concern, Worry

0

2

4

6

8

10

12

14

16

18

Week 16 Week 28 Week 52 Week 78

Me

an

Ch

an

ge

in

Ha

em

o-Q

oL-A

To

tal S

co

re

13.412.9

9.6

16.6 17.3

0

2

4

6

8

10

12

14

16

18

Week 16 Week 28 Week 52 Week 78 Week 104

Me

an

Ch

an

ge

in

Ha

em

o-Q

oL

-A T

ota

l S

co

re

6e13 vg/kg cohort

4e13 vg/kg cohort

Spinart result at 3 years*

13.412.9

9.6

16.6 17.3

4.7

6.3

3.8

0

2

4

6

8

10

12

14

16

18

Week 16 Week 28 Week 52 Week 78 Week 104

Me

an

Ch

an

ge

in

Ha

em

o-Q

oL-A

To

tal S

co

re

7.2

Page 8: WORLD FEDERATION OF HEMOPHILIA ONGRESS …filecache.investorroom.com/mr5ir_biomarin/285/download... · 2018-05-22 · 2 This press release contains forward-looking statements about

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MEAN FVIII ACTIVITY LEVELS SETTLING IN NORMAL RANGE (6e13 VG/KG)

The upper and lower box bounds represent 25th and 75th percentiles. The whisker lines represent the minimum and maximum values.

8

• No FVIII activity above upper limit of normal at year 2

Mean

Median

Page 9: WORLD FEDERATION OF HEMOPHILIA ONGRESS …filecache.investorroom.com/mr5ir_biomarin/285/download... · 2018-05-22 · 2 This press release contains forward-looking statements about

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MEAN FVIII ACTIVITY LEVELS AT HIGH END OF MILD RANGE (4e13 VG/KG)

The upper and lower box bounds represent 25th and 75th percentiles. The whisker lines represent the minimum and maximum values.

.

• No FVIII activity above normal

Mean

Median

Page 10: WORLD FEDERATION OF HEMOPHILIA ONGRESS …filecache.investorroom.com/mr5ir_biomarin/285/download... · 2018-05-22 · 2 This press release contains forward-looking statements about

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SUMMARY• BMN 270 was well-tolerated with favourable safety profile; currently:

• No subjects in either cohort have FVIII activity levels above the upper limit of normal• ALT levels within normal limits in all subjects• All subjects remain off corticosteroids• No inhibitors to FVIII• Only 2 serious adverse events as previously reported

• ABR: Profound reduction with both cohorts – 6e13 vg/kg sustained 2 years, 4e13 vg/kg sustained 1 year

• FVIII usage: Profound reduction with both 6e13 and 4e13 vg/kg cohorts

• QOL: Continued improvement reflects cessation of bleeding, freedom from worry and independence from treatment

• FVIII activity levels• 6e13 vg/kg cohort, settling within normal range• 4e13 vg/kg cohort, at upper range of mild haemophilia

• Patterns of FVIII activity levels consistent with other clinical and pre-clinical reports

• Gene therapy has the potential to transform the standard of care in haemophilia A

Page 11: WORLD FEDERATION OF HEMOPHILIA ONGRESS …filecache.investorroom.com/mr5ir_biomarin/285/download... · 2018-05-22 · 2 This press release contains forward-looking statements about

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AAV GENE THERAPY DELIVERS DURABLE EXPRESSION

AABioMarin data on File

Pernaud-Budloo et al J Virol 2008

Mcintosh et al Blood 2013

0 10 20 30 40 50 60 70 80 90 100 110 120 130 140 150 160 170 180 190 2000

20

40

60

80

100

120

140

160

180

200

220

240

260

280

300

Study Day

FV

III P

rote

in (

ng

/mL

)

Pernaud-Budloo et al J Virol 2008

(in pre-clinical models)

Page 12: WORLD FEDERATION OF HEMOPHILIA ONGRESS …filecache.investorroom.com/mr5ir_biomarin/285/download... · 2018-05-22 · 2 This press release contains forward-looking statements about

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Linear SS-DNA

HOW AAV VECTORS MEDIATE PERSISTENT EXPRESSIONIncoming

SS DNA

delivered

to nucleus

Expression

begins from

linear DS

genomes

Stable

expression

persists

Linear DS-DNA

monomerCircular DS-DNA

monomer and

concatamers

Strand

annealing

degradation degradation

Lung, liver, muscle of mice & NHP, vector genomes persist as unintegrated, circular episomes.Afione et al (1996) J Virol 70:3235. Duan et al. (1998) J Virol 72:8568. Nakai et al (2000) J Virol 74:9451. Nakai et al (2001) J Virol 75:6969. Nakaiet al (2002) J Virol 76:11343. Nakai et al (2003.)HuGT 14:871. Song et al (2004) PNAS 101:2112. Wang et al (2007) PNAS 104:13104. Snyder et al (1997) HuGT 8:1891. Vincent-Lacaze et al (1999) J Virol 73:1949. Song et al (200) PNAS 98:4084. Penaud-Budloo et al (2008) J Virol 82:7875.

The kinetics of

expression result

from the complex

processing of

DNA

Circular

conversion

0 10 20 30 40 50 60 70 80 90 100 110 120 130 140 150 160 170 180 190 2000

20

40

60

80

100

120

140

160

180

200

220

240

260

280

300

Study Day

FV

III P

rote

in (

ng

/mL

)

Page 13: WORLD FEDERATION OF HEMOPHILIA ONGRESS …filecache.investorroom.com/mr5ir_biomarin/285/download... · 2018-05-22 · 2 This press release contains forward-looking statements about

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NEXT STEPS

• New goal is to prove superiority of valoctocogene roxaparvovec to prophylactic therapy

• GENEr8-1 (6e13 vg/kg) sample size now powered to evaluate superiority to standard of care

– 90% powered to demonstrate a reduction in bleeding events

– N = 130 (90 additional patients)

– Expect to complete enrollment in Q1 2019

• GENEr8-2 (4e13 vg/kg) study design unchanged

– N = 40

– FVIII primary endpoint

– Targeted to finish enrollment 1-2 quarters after GENEr8-1

• Comprehensive program underway

– AAV5+ study initiated

– Global seroprevalance study

– Ongoing follow-up of 201 patients

– Initiating use of full commercial scale material from BioMarin manufacturing facility