On Campus Workshop – UCSD September 25, 2012 Rick Lindberg, Site Head of CTI-California What we will cover today… What is CTI? – How does the CTI partnership work? – In what ways is CTI different than other programs on campus? What kind of research is CTI interested in? – Focus on Translational Research via biologic modality – Successful characteristics and attributes of funded projects – Case studies of successfully funded proposals Next Steps for submitting a proposal to CTI – Why choose to collaborate with CTI? •Pfizer Confidential 2 Challenges to Pharmaceutical Industry and Academic Centers Slow progression of pipeline Cost of drug development Cost of drug discovery •Industry Productivity Pressure from: Stakeholders investors Payors Physicians Legislators Regulators Patients Focused on Translational Medicine PIs challenged to translate discoveries VC funding mechanism to the clinic while Academia maintaining Funding pressures "control" CTI New partnership to deliver on the promise of innovative discoveries to treat diseases of high unmet medical need with differentiated new medicines 3 •Pfizer Confidential Increasingly, major biomedical institutions and industry share common objectives… Basic research Patient access Applied research Novel targets Innovative drugs Precision medicine Patient impact Therapeutic Technologies Enabling Functions Clinical material •Pfizer Confidential 4 Centers for Therapeutic Innovation (CTI) CTI VISION Accelerate the translation of innovative discoveries from bench to the clinic CTI STRATEGY Co-localize Pfizer R&D resources where breakthrough science is happening and leverage complimentary expertise CTI APPROACH A new entrepreneurial partnership at Academic Medical Centers focused on translational medicine •Pfizer Confidential 5 Core Elements of the CTI Model Differentiation of CTI vs. NIH, VC, Other Pharma Enable Translational Medicine via accelerating innovative discoveries from target to proof of mechanism Focused on protein therapeutics (e.g mAb) Understand patient heterogeneity and stratification Equitable IP Rights Broad publication rights Co-location with technology, scientists, drug development expertise Collaborative use of Pfizer’s proprietary drug discovery tools and technologies Support for IND- & clinical-enabling functions (e.g., toxicology, regulatory, etc) Success-based funding/financial incentives (milestone & royalty payments) Role for CTI Partnership: Establish Proof or Mechanism in the clinic with innovative new therapeutics to treat diseases of high unmet medical need •Pfizer Confidential 6 Centers for Therapeutic Innovation – CTI Network CTI-Boston CTI-New York CTI-California •Pfizer Confidential 7 CTI – California CTI - San Francisco Address: Mission Bay Campus Occupancy for ~40 Scientists 6 funded programs CTI - San Diego Address: Pfizer La Jolla Campus Occupancy for ~12 Scientists 2 funded programs •Pfizer Confidential 8 Collaboration governance via Joint Steering Committee (JSC) Semi-autonomous via Joint Steering Committee (JSC) governance Processes Equal CTI-AMC decision making member representation Responsible for proposal selection and funded program progression Gary Firestein, Jerry Olefsky, David Brenner, Catriona Jamieson, Michael Jackson Anthony Coyle, Rick Lindberg, Scott Glaser, Charles Baum, Gary Woodnutt •Pfizer Confidential 9 Steering committee governance Shared AMC CTI’s Partnership and Governance Model New targets and associated IP Early clinical studies conducted at AMC $100-$250k provided to PI’s project budget per year $2M $12M •Decision point •Decision point •Milestone payment Pfizer $8M for IND enabling studies Drug discovery tools and expertise Project execution and leadership PK/PD studies Non-clinical safety assessment Regulatory Support •Pfizer Confidential $2M to enable PoM clinical trial Program support including clinical and translational sciences Go / No-go decision to exercise license option 10 CTI Project Plan R&D Stages, Budgets & Milestones •Initiation •SG0 •Start Screening •SG1 Lead Identification Exploratory Validation of target biology Development of primary/secondary screening assay(s) Primary selection and screening of protein or scFv phage libraries •1st Year Pfizer Matching Investment: •Leads Optimized •SG3 Lead Optimization Lead Development •SDS •12 months •ESD •5 months •Academic •Budget: •Leads Identified •SG2 •~$100-250,000 •$1 million •LD •8 months Sequence-based manufacturing assessment & seq. optimization •Candidate Drug •SG4 Pre-Clinical Development Scale-up and manufacturing of batch for clinical studies Exploratory toxicity studies GLP toxicity studies •~$100-250,000 •$1 - $2 million •FIH POM •SG6 Clinical Development •PreClin •14 months In vitro, ex vivo, or in vivo PK/PD studies of leads in mechanistic model •2nd Year •IND / CTA •SG5 •3rd Year Phase 1 POM study in stratified patient population •4th Year •~$100-250,000 •$6- $7 million •TBD •~$2 million •Estimated Investment (per program) – assumes program continues all the way to Phase 1 clinical study; •contingency coverage for post-doc salary if project terminated during discovery phase of the project •Pfizer Confidential 11 Partnership Model Encourages Collaboration at all levels •CTI Protein Therapeutics Antibody Engineering IND Enabling Studies: •PK analysis •Safety/Tox studies •Manufacturing AMC Proposal Writing Project Strategy Reagent Generation In vitro characterization Biomarker Development Patient Selection Strategy Joint Steering Committee •Pfizer Confidential Targets In vivo studies Clinical studies 12 IP and Publishing Rights Licensing Option – One year following achievement of the PoM, Pfizer has an option to obtain exclusive license rights Publication Rights – Findings can be published via submitting materials to the JSC 30 days prior to publication for review to ensure that no confidential or patentable information is disclosed •Pfizer Confidential 13 What We Look for: Key Attributes of Successful Programs Essentials – Targetable with a biologic • Primarily monoclonal antibodies, peptides, proteins – Novel mechanism addressing unmet medical need – Strong link of pathway to human disease Differentiators – Ability to streamline path to proof-of-mechanism in humans – Translating basic biological research into the clinic • Connection of basic scientific researcher & clinical investigator • Clinical differentiation opportunity via patient stratification, molecular signatures, genetic associations, biomarkers •Pfizer Confidential 14 Target Discovery What Makes a Good Target? Compelling validation of target/pathway Target identification often comes from an association of target with disease (e.g. expression pattern) and validation is the process of defining the functional consequence (e.g. siRNA KD, KO mouse) Considerations for defining an attractive target – Link of mechanism to disease – Target validation/biological evidence • Evidence of translation to human disease – Potential safety liabilities associated with target modulation – Technical feasibility (e.g. druggability) 15 •Pfizer Confidential Proposal Evaluation Criteria Link of mechanism to disease Target Validation/Biological Evidence • Evidence of Translation to Human Disease Technical Feasibility (e.g. druggability with a protein therapeutic) Potential safety liabilities associated with target modulation Clinical Trial Design/Feasibility Potential to generate intellectual property Clinical Differentiation • How mechanism might provide an advantage over current therapies Alignment with Pfizer strategy to ensure project uptake into pipeline •Pfizer Confidential 16 Diversity of Biotherapeutic Formats Monoclonal antibody therapeutics •Human •Antibodies •Humanized •Antibodies • Platforms to generate fully human monoclonal antibodies • Humanization technologies Non-antibody biotherapeutics •Fc Fusion •Proteins •Therapeutic Proteins • Fc fusion protein • Secreted protein Peptide therapeutics Novel biotherapeutic modalities •Peptides •Bispecific Abs • Antibody drug conjugates (ADCs) • CovX bodies •ADCs •CovX Bodies •Pfizer Confidential 17 Focused on Monoclonal Antibodies Antibody Modes of Action Neutralizing Antagonist – Antibodies that bind to a target and block an interaction Agonist – Antibodies that bind to a receptor and stimulate a downstream process Effector Function (Cell killing mechanisms) – ADCC: Antibody-Dependent Cell-Mediated Cytotoxicity • Recruits macrophages, monocytes, or NK cells – CDC: Complement-Dependent Cytotoxicity • Recruits complement serum proteins •Pfizer Confidential 18 Additional Modes of Action in the CTI portfolio Antibody Drug Conjugate (ADC) – Antibody linked to a toxic drug via a linker; method to deliver into specific cell types Fc Fusion – Used to extend half-life of peptides and/or small proteins Peptide or Protein – Often requires modification to become drug-like •Pfizer Confidential 19 Proposals have been funded across many therapeutic areas Funded Proposals (20) Other (2) 10% Rare Diseases, (3) 15% Oncology (7) 35% Inflammation & Immunology (3) 15% Cardiovascular and Metabolic Diseases (5) 25% CTI received over 350 proposals across our network in 2011 ranging from ideas/validated pathways to pre-existing mAbs •Pfizer Confidential 20 CTI Project Portfolio Stage-gate 1 0 Early-Stage Discovery 2 Lead Identification 3 Lead Optimization 5(IND) 4 Lead Development Pre-clinical Development 6(POM) Clinical Development mAb (17) Peptide ADC (1) Protein Fusion Protein (3) Inflammation and Immunology Oncology CV MED NeuroSci •Pfizer Confidential Rare Disease Other CTI Case Study: Humanized Antibody Program Background: Cell surface antigen target up-regulated on tumor cells Antigen expressed on few normal tissues Target not down-regulated upon antibody binding Mabs in hand Aim: To generate a humanized mAb with the following modes of action: Antibody effector function: ADCC/CDC Potential opportunity to generate an ADC (antibody drug conjugate) given selective expression on tumor cells POM trial: (1) Incorporate patient stratification to enhance POM measures (e.g. IHC, mutation status) (2) Measurable endpoints in line with pre-clinical activity Measurable biomarker deposition in tumor biopsies (CDC) Demonstrate increase in tumor necrosis and presence of immune infiltrate in post-treatment biopsies (ADCC/CDC) (3). CT scans to monitor tumor regression •Pfizer Confidential 22 CTI Case Study: MOA via Target Modulation Background: Target antigen is a cell surface receptor located on cells in the blood and intestinal tissue Genetic markers in the receptor are associated with Inflammatory Bowel Disease These genetic markers define a “high risk” IBD population with elevated receptor levels Dysregulation of pathway also occurs in this subset of patients Aim: To generate a mAb to block receptor activity and inhibit down-stream signaling, reducing the inflammatory cascade in patients whose disease is driven by this defined pathway POM Trial: (1) Use genetically defined “high risk” and “low risk” patient subgroups for POM. (2) Measurable endpoints in line with pre-clinical activity .Evidence of inhibition of pathway activation in blood cells pre- and post-treatment. RNA signature in gut biopsies provides further evidence of reduced inflammatory cascade. (3) Known measurements from serum and stool samples pre- and post treatment provide additional mechanistic information. •Pfizer Confidential 23 Inaugural CTI-UCSD/SBMRI Collaborations Dr. Carl Ware (SBMRI) Dr. Michael Karin (UCSD) Distinguished Professor of Pharmacology; Head – UCSD Laboratory of Gene Regulation & Signal Transduction Professor, Laboratory of Molecular Immunology •Pfizer Confidential 24 Submitting a Proposal to CTI CTI Proposal Solicitation & Selection Process Scientifically Rigorous, but Light on Bureaucracy 1 CTI Conducts a Call for Proposals – Annually at each AMC 2 PIs Submit a 2-3 page, Non-confidential Pre-proposal for Consideration 3 CTI Convenes a Local Joint Steering Committee to Select Finalists 4 Finalist PIs Author a Confidential Full Proposal, Working Together with a CTI Scientist 5 Joint Steering Committee Reviews Full Proposal and Selects Projects for Funding Proposals are selected for funding within 3 months of submission •Pfizer Confidential •26 Evolving the Request for Proposal (RFP) Search Process From Broad to Targeted CTI Project Identification Version 1.0: Broad RFPs CTI Project Identification Version 2.0: Targeted RFPs Targeted RFP Identified Disease Areas of Interest to Pfizer Broad RFP Disease Agnostic Agreement on Top Projects with Pfizer • • 350+ proposals 20 projects funded across many therapeutic areas Focused Review – ‘Translatability’ • • New approach to foster a deeper partnership with AMCs Upfront link to Pfizer research and commercial strategy Key Question: What are the specific areas of research that Pfizer/CTI is interested in? •Pfizer Confidential •27 Request for Proposal – Inflammation (Systemic Lupus Erythematosus / Lupus Nephritis) Proposals are sought for novel large molecule applications with a path to a clinical proof of mechanism study† Clinical Concept Mechanisms of interest Precision Medicine New and more effective treatments that can induce and maintain remission - Prevention of underlying dysregulation of B- and T- cells - Modulation of innate immunity - Targeting or interrupting inducers of persistent immune activation/inflammation - Inhibition or modulation of inflammatory processes involved in flares (renal, synovial or cutaneous) - Regulation of handling and clearance of apoptotic bodies - Promotion of immune homeostasis and immunoregulation (i.e., functional tolerance). It is preferred if submissions incorporate a hypothesis-driven strategy for patient selection, i.e. rationale for patient subset where drug would be most efficacious •Pfizer Confidential 28 Request for Proposal – Renal Disease (Kidney Injury/Lupus nephritis, IgA Nephropathy) Proposals are sought for novel large molecule applications with a path to a clinical proof of mechanism study† Clinical Concept Mechanisms of Interest Precision Medicine • Novel approaches (targets, pathways or interventions) that would alter the course of a disease which directly or indirectly results in kidney injury and failure • • • • - Block intrarenal inflammation - Regulation of leukocyte-endothelial cell interactions - Prevention of tubular atrophy and interstitial injury - Inhibition of specific components of the immune response related to renal damage (i.e., aberrant mesangial Ab:IC deposition or handling). • - Approaches aimed at promoting responses leading to improved renal function, such as repair and/or restoration of renal epithelium and nephron integrity) • It is preferred if submissions incorporate a hypothesis-driven strategy for patient selection, i.e. rationale for patient subset where drug would be most efficacious •Pfizer Confidential 29 Request for Proposal – Cardiovascular (Congestive Heart Failure, Post-Myocardial Infarction and Acute Coronary Syndrome) Proposals are sought for novel large molecule applications with a path to a clinical proof of mechanism study† Clinical Concept Mechanisms of Interest Precision Medicine • Cardiac remodeling events post-MI and in CHF leads to progressive deterioration of health with few options for patients and physicians. • Reduced mortality, CV events, and/or improved cardiac function is the ultimate goal • - Those that impact extracellular matrix turnover, fibrosis, restore cardiac tissue & function, apoptosis & proliferation, cardioprotection and neovascularization. • - Novel mechanisms that impact endothelial repair (beyond standard of care) such as plaque stabilization and dissolution, mast cell & macrophage regulation • Defined patient populations at highest risk of CV events that would most benefit most from this therapeutic approach is required •Pfizer Confidential 30 2012 Proposal Process Flow and Timeline Jun 2012 UCSD Jul 2012 Aug 2012 Sep 2012 Targeted Call for Proposals Oct 2012 Stage I Preproposal Nov 2012 Dec 2012 Stage II Fullproposal Proposal Review JSC Meeting Decision Making Meeting 1:1 meetings with the Office of Contract and Grant Administration (OCGA) and CTI staff in September and October 2–3 page non-confidential Pre-Proposals to be submitted to the Office of Contract and Grant Administration (OCGA) by October 19th If selected, a full confidential proposal co-authored by academic PI and CTI scientist will be submitted to the JSC by mid December Funding Decisions to be made in early 2013 •Pfizer Confidential 31 Next Steps An open, informal discussion session has been scheduled after today’s presentation in this room for PIs in attendance to discuss their research with CTI colleagues – Please do not disclose any confidential information If interested, please contact the Office of Contract and Grant Administration (OCGA) to inquire about meeting with CTI staff prior to submitting a proposal – Cortlandt Urquhart, surquhart@ucsd.edu, 858-534-0244 – Jennifer Ford, jjford@ucsd.edu, 858-534-3335 Pre-proposals due to the Office of Contract and Grant Administration (OCGA) by October 19th To learn more and obtain the pre-proposal template, please visit https://cti.ideareach.com/ and create a user profile •Pfizer Confidential 32 Incentives to collaborating with CTI Partnering leading academics with drug discovery experts to rapidly translate novel research from discovery into meaningful mechanistic studies in the clinic Co-lead project team to ensure sustained involvement from discovery to clinic Collaborative use of Pfizer’s proprietary drug discovery tools and technologies Support for IND- & clinical-enabling functions (e.g., toxicology, regulatory, etc.) Co-location near academic laboratory with access to Pfizer scientists, technology, and drug development expertise Equitable IP and publication rights Success-based funding/financial incentives (milestone & royalty payments) Comparable attrition and funding success rate to NIH R01 grant Streamlined but scientifically rigorous 3 month awarding process from time of proposal submission •Pfizer Confidential 33 Acknowledgements – CTI Leadership Tony Coyle Rick Lindberg Alex Fayne (RIP 2012) Michael Norsen CSO & VP CTI Site Head CTI – California Chief Operating Officer Strategy & Operations CTI Alliance Management Strategy & Operations CTI Jose Carlos Gutierrez-Ramos Margi McLoughlin Louisa Daniels SVP Biotherapeutics Research Sr. Director WW Bus Dev & Innovation VP and Assistant General Counsel 34 Questions