(CERE-120) In Parkinson`s Disease

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ASENT 12 th Annual Meeting

March, 2010

AAV2-NRTN (CERE120) In Parkinson’s Disease:

Phase 2 Trial Results and Path Forward

Joao Siffert, MD

Chief Medical Officer

Ceregene, Inc.

San Diego, CA

Ceregene Pipeline

Slide 2

Program Product

Parkinson’s

Disease

Huntingtons

Disease

Alzheimer’s

Disease

Retinitis

Pigmentosa

Macular

Degeneration

Glaucoma

CERE-120

(AAV-NTN)

CERE-110

(AAV-NGF)

CERE-140

(AAV-NT4)

Amyotrophic

Lateral Sclerosis

(ALS)

CERE-135

(AAV-IGF1)

Preclinical

Research

Preclinical

Devel

Clinical

Phase 1

Clinical

Phase 2

*

**

Clinical

Phase 3

*

Phase 2 clinical trial completed Nov 2008

**

New Phase 1/2 clinical trial currently enrolling

Parkinson’s Disease: Profound Nigrostriatal

Dopamine Neuron Degeneration

Neurotrophic Factors

Naturally occurring proteins essential for neuron growth, function and survival

Involve many varieties

Different neurons use different neurotrophic factors

Nigrostriatal dopamine neurons use GDNF and NRTN (neurturin)

Neurotrophic Factor Protein In PD

GDNF protein delivery into either the cerebral ventricles or directly into the putamen failed to show clinical benefits

Neurology, 2003

Ann Neurol, 2006

CERE-120 (AAV2-neurturin)

L-ITR

CAG promoter NEURTURIN cDNA

R-ITR hGH polyA

AAV Capsid

CERE-120 Nonclinical Results

18 separate pharmacology, efficacy and safety/tox studies conducted over 2 year period, establishing:

Excellent control of protein expression via orderly doseresponse

Extensive coverage of striatum and substantia nigra, yet confined to intended target area

No further spread after 1 month

Steady, continuous NRTN expression confirmed beyond

2 years

• Extensive evidence of efficacy in range of rodent and monkey models relevant to PD

• Strong safety/toxicity profile, over range of excessive doses, up to 1 year in monkeys and rats

No toxicity seen in any animals

Delivery Paradigm: Distribute growth factor throughout major areas of Putamen…

… While at same time, avoiding protein spread outside targeted Putamen…

Injecting CERE-120 Into

Targeted Site Within Putamen

Interpretation: The initial data support the safety, tolerability, and potential efficacy of

CERE-120 as a possible treatment for PD; however, these results must be viewed as preliminary until data from blinded, controlled clinical trials are available.

CERE-120 Phase 2 in PD

Randomized, double blind, sham surgery controlled study (efficacy and safety)

Nine leading movement disorder sites in USA

N=58, randomized 2:1 ratio

(CERE-120 : sham surgery)

Bilateral intraputaminal injections

One dose level (higher of two Phase 1 doses)

Page 12

Phase 2 Efficacy at 12 months

Primary endpoint (UPDRS-motor off) failed to distinguish CERE-120 from control group

Both groups showed significant improvement over baseline

Several secondary endpoints did suggest modest clinical improvement from CERE-120 at 12 months and also at 18 months

Primary Efficacy Endpoint: Improvement in

UPDRS Motor “Off” (Part III) at 12 Months

-8

-9

-10

-5

-6

-7

0

-1

-2

-3

-4

Baseline

CERE-120

Sham Surgery

Mon th 3

Mon th 6

Mon th 9 p=0.91

Mon th 1

2

Efficacy Data Beyond 12 mos

Of 58 patients enrolled in the Phase 2 study

30 patients completed a blinded assessment at 15 months

Of those 30 patients, 14 also completed a blinded assessment at 18 months

Opportunity to evaluate the longer-term effects of

CERE-120 under controlled, blinded conditions

Change From Baseline in UPDRS (Part III)

Motor Score “off” (Blinded data; N=30)

0

-2

-4

-6

-8

-10

-12

Sham Surgery

CERE-120 p=0.025*

-14 target clinical response

-16

Baseline Month 3 Month 6 Month 9 Month 12 Month 15 Month 18

* ANCOVA model with a main effect for treatment group and baseline UPDRS Part III motor score in the practically

Outcome Measures With A Trend for Difference Between Groups (p<0.1)

12 months

OUTCOME

MEASURE

Sham

Surgery:

Change from

Baseline

CERE-120:

Change from

Baseline p Value at

12 Months

18 months

Sham

Surgery:

Change from

Baseline

CERE-120:

Change from

Baseline p Value at

18 Months

0.02

0.07

UPDRS I

UPDRS II "off"

UPDRS II “on”

UPDRS III "off"

PD Diary "off"

PD Diary "on without troubling dyskinesia”

0.95

-2.25

1.6

-6.95

-0.23 hrs

0.80 hrs

-0.32

-3.35

-0.89

-7.19

-1.00 hr

1.00 hr

0.002

0.4

0.03

0.9

0.07

0.3

1.27

0.82

-5.64

-0.52 hrs

0.55 hrs

-0.26

-3.32

Not tested

-11.21

-1.48 hr

2.25 hr

0.025

0.09

0.05

0.02

Timed Walking "off" -3.00 sec

PDQ-39 1.20

-2.65 sec

-2.83

0.6

Page 17

0.03

-0.55 sec -8.11 sec

Not tested

Additional Information Was Be Gained From

Autopsy Results in Two Study Subjects

Clear NRTN Expression in Putamen But Not in Substantia Nigra

Clear NRTN Signal in Study Subject’s Putamen

1904L

However, despite adequate putaminal expression of

NRTN, very little to no NRTN signal was seen in substantia nigra of the same individuals

NRTN and Tyrosine Hydroxylase (TH) in the

Human Putamen

Only sparse evidence of TH induction, a key biochemical marker of dopamine neuron integrity and function

CERE-120 Bioactivity : Simulation in Normal versus PD Brain following Striatal Administration

TH

Normal axonal transport

CERE-120

Injection

Striatum

Neurturin

TH

NRTN / CERE-120

Impaired axonal transport

CERE-120

Injection

Striatum

Neurturin

TH

NRTN / CERE-120

?

?

Substantia Nigra

Substantia Nigra

Key Modifications for CERE-120 Dosing in Current Phase 1/2 Study

Add CERE-120 administration to the substantia nigra

Increase CERE-120 dose to putamen

Page 22

Putamen

Substantia Nigra

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