Disease Modifying Therapy for DMD: Utrophin Modulation Programme PPMD Connect, June 2014 Legal Disclaimer FORWARD-LOOKING STATEMENTS This Document contains forward-looking statements. These statements relate to, among other things, analysis and other information that are based on forecasts of future results and estimates of amounts not yet determinable. These statements also relate to the Company’s future prospects, developments and business strategies. Forward-looking statements are identified by their use of terms and phrases such as “believe”, “could”, “envisage”, “estimate”, “expect”, “intend”, “may”, “plan”, “will” or the negative of those, variations or comparable expressions, including references to assumptions. The forwardlooking statements in this Document are based on current expectations and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by those statements. Given the risks and uncertainties associated with a company of this nature, potential investors should not place reliance on forward-looking statements. These forward-looking statements speak only as at the date of this Document. The Company does not undertake any obligation to update forward-looking statements or risk factors other than as required by any relevant regulations, whether as a result of new information, future events or otherwise. 2 | PPMD Connect | June 2014 www.summitplc.com Dystrophin or Utrophin Protein: Maintaining Integrity of Muscle Fibres Muscle fiber membrane Extracellular matrix Actin cytoskeleton Dystrophin or Utrophin 3 | PPMD Connect | June 2014 Dystrophin or utrophin protein www.summitplc.com Utrophin Modulation: A Disease-Modifying Approach for DMD Time to Develop • Utrophin is functionally equivalent to dystrophin in both fetal and repairing muscle • Utrophin is continually expressed at specialized sites in normal mature muscle fibers • Utrophin modulation is a diseasemodifying strategy of potential utility for all DMD patients (independent of dystrophin mutation) • Only normal utrophin levels required for DMD muscle recovery • SMT C1100 designed to increase and maintain utrophin transcription 4 | PPMD Connect | June 2014 Fetal (repairining) Fetal/ Immature Mature Normal Fiber DMD Fiber Degeneration DMD + SMT C1100 Fiber utrophin dystrophin www.summitplc.com SMT C1100 Increased Utrophin Levels in Muscle Fibers Improves Disease Biomarkers In Vivo tibialis anterior extensor digitorum longus Reduced Fiber Regeneration (%CNFs) Reduced Muscle Leakiness (blood CK levels) mdx mdx + SMT C1100 • Increased utrophin at the sarcolemma significantly reduces secondary disease effects • 28 days of oral dosing (50mk/kg, QD) in mdx mice (n=5) mdx vehicle Source: PLoS ONE, Vol 6, Issue 4, May 2011 5 | PPMD Connect | June 2014 mdx+SMT C1100 www.summitplc.com UTROPHIN MODULATION PROGRAMME Clinical Data 6 | PPMD Connect | June 2014 www.summitplc.com Summary of Phase 1 Healthy Volunteer Trial • Repeat dose Phase 1 healthy volunteer trial conducted in 2012 showed – SMT C1100 was safe and well tolerated at all doses tested – Achieved levels expected to increase utrophin expression for at least 14 hours/day – Higher plasma levels achieved when SMT C1100 taken with food SMT C1100 taken with food v SMT C1100 taken after 12h fasting (same individuals after washout) 200mg/kg 7 | PPMD Connect | June 2014 www.summitplc.com Phase 1b Trial: Overview • UK-based study – 4 sites: London, Liverpool, Birmingham, Manchester • 12 ambulatory DMD patients aged 5 to 11 years old • 3 escalating dose cohorts, 4 patients per cohort: – 50mg/kg BID, 100mg/kg BID, 100mg/kg TID • 10 days of oral dosing • Dosing to occur “ideally within 10 minutes of consuming food” • Primary endpoint: Tolerability & Safety • Secondary endpoint: PK levels of SMT C1100 and metabolites 8 | PPMD Connect | June 2014 www.summitplc.com Phase 1b Trial: Safety and PK • First ever utrophin modulator trial in patients Safety: Primary endpoint of trial achieved – SMT C1100 safe and well-tolerated in patients at all doses tested – No apparent issues with patient compliance Variable Plasma levels of drug – 2/12 boys had good SMT C1100 plasma levels appropriate for activating utrophin modulation – 10/12 boys plasma levels were similar to fasted healthy adult volunteers 9 | PPMD Connect | June 2014 www.summitplc.com Phase 1b Trial: CK Observation Reduction in enzyme related to muscle damage • Serum creatine kinase (CK) is an enzyme associated with muscle fibre damage and serum levels are elevated in DMD patients • Reduced serum CK levels seen in non-clinical efficacy studies in mdx model after 15 days treatment with SMT C1100 Phase 1b data • CK levels were reduced during dosing in the majority of boys • Result is consistent with mdx data • Consistent with reduction in muscle membrane damage 10 | PPMD Connect | June 2014 www.summitplc.com Next Steps: Targeting all Patients with DMD • Future clinical trials of SMT C1100 to be modified to reflect our greater understanding of the importance of diet and other potential disease related factors • Will seek to determine the optimal way to address drug exposure variability – Dietary means and/or – Drug formulation change • Formulations already identified that increase exposure in animal studies • Next patient study now expected to start in Q4 2014 11 | PPMD Connect | June 2014 www.summitplc.com 12 | PPMD Connect | June 2014 www.summitplc.com 13 | PPMD Connect | June 2014 www.summitplc.com • Alliance represents a multi-year strategic collaboration that combines extensive utrophin biology, chemistry and drug discovery expertise • Commitment to build on the results obtained with SMT C1100 • Aim to deliver first in-class and best in-class utrophin modulators for the therapy of DMD 14 | PPMD Connect | June 2014 www.summitplc.com Utrophin Modulation Programme DISCOVERY OPTIMISATION PRECLINICAL PHASE 1 PHASE 2 Lead: SMT C1100 SMT C1100 related Next Generation 15 | PPMD Connect | June 2014 www.summitplc.com UTROPHIN MODULATION PROGRAMME Next Generation and Biomarkers 16 | PPMD Connect | June 2014 www.summitplc.com Next Generation Utrophin Modulators 1. Structurally Related to SMT C1100 Rat In vivo PK Study – Similar in vitro potency to SMT C1100, enhanced PK properties – Clean safety/off target profile 2. New structures, new mechanism Utrophin Levels in DMD patient Myoblasts – New screening technology identifying differentiated utrophin modulators – Potential new mechanism of action – Increased in vitro activity compared to SMT C1100 17 | PPMD Connect | June 2014 www.summitplc.com Biomarker Development Programme Utrophin / Mechanism Related • UTRN localisation by quantitative IF • UTRN mRNA by QPCR • UTRN protein by MS/MS Muscle Health From Muscle: • Regeneration markers Non-invasive Markers • Muscle MRI • Inflammatory markers From Sera: • Membrane damage (muscle enzymes, MicroRNAs) • Active fibrosis (collagen fragments) 18 | PPMD Connect | June 2014 www.summitplc.com Thank You to the Community 19 | PPMD Connect | June 2014 www.summitplc.com Contact If you have further questions, do get in contact: Email: dmd@summitplc.com Phone: +44 (0)1235 44 39 39 Web: www.summitplc.com Twitter: @summitplc 20 | PPMD Connect | June 2014 www.summitplc.com