Bio Europe, Paris March 11, 2015 TM TSX-V: SBM Sirona’s Fluorination Chemistry Technology The Solution to Unstable Carbohydrate Molecules Carbohydrate molecules are unstable by nature Our technology stabilizes carbohydrate molecules Resulting in improved bioavailability and selectivity that translates into better safety and efficacy TSX-V: SBM Current Collaborations & Pipeline Cosmetic Products Therapeutic Area Compound Partnering Status Skin lightening SBM-TFC-849 Valeant / Obagi Skin lightening SBM-TFC-1067 Ready for licensing Anti-aging SBM-TFC-837 Ready for licensing Pharmaceutical Products Therapeutic Area Compound Partnering Status Diabetes SBM-TFC-039 Partnered with Wanbang Biopharma in China Ready for licensing in ROW Regenerative Medicine SBM-TFC-837 Ready for licensing Inflammatory Disease In development JV with Bloom Burton & Co TSX-V: SBM Skin Lightening Agent SBM-TFC-1067 TM TSX-V: SBM Global Skin Lightening Market 25.0 $ billions 20.0 17.3 18.1 18.9 19.8 2016 13.2 4.5 0.4 2017 13.7 4.8 0.4 2018 14.1 5.2 0.5 15.0 10.0 5.0 0.0 Japan Asia-Pacific US, EU, ROW TSX-V: SBM 2015 12.8 4.1 0.4 Safety of SBM-TFC-1067 In vitro stability: percentage of hydroquinone released Hydroquinone Released (%) 140 128.6 120 Water RT 14 days Bis Tris buffer RT 14 days 100 88.8 PBS RT 14 days 80 Ringer solution at pH 6.8 at RT 14 days 60 Ringer solution at pH 8.5 at 70°C 24H Ringer solution at pH 5.5 at 70°C 24H Fibroblasts RT 48H Keratinocytes RT 48H 40 Human skin extract RT 48H 20 Synthetic perspiration RT 48H 11.8 4.2 0 Deoxyarbutin SBM-TFC-1067 SBM-TFC-1067 is stable and extremely safe, with zero hydroquinone released in all tested conditions (chemical, biological) TSX-V: SBM Summary of Safety Evaluations Genotoxicity Test (SOS Chromotest) Acute Toxicity Test (on keratinocytes) • No genotoxicity between concentrations of 0 to 0.25% • MTT50: 66µg/ml (on human reconstituted cornea) • Low toxicity at a concentration of 0.14% • No toxicity at a concentration of 0.01% Phototoxicity Test • No phototoxicity Ocular Irritation Test (on fibroblasts) Skin Irritation Test (on RHE) Sensitization Test TSX-V: SBM • No irritation at a concentration of 0.05% • Non sensitizer (high flow, no haptenation, MTT75: 20µg/ml, no IL-18 induction) • Irritant on keratinocytes Transcutaneous Diffusion SBM-TFC-1067 0.01% 20µg of compound at 100µg/mL (in 90% purified water/5% ethanol/ 5% DMSO) was deposited on human skin (exchange surface: 2cm2) Results EPIDERMIS DERMIS Quantity TFC-1067 per gram epidermis (ng/g) SD (ng/g) 22278 1296 5142 831 Flux SD TFC-1067 0.12 µg/h/cm² 0.020 Deoxyarbutin 0.17 µg/h/cm² 0.041 SBM-TFC-1067 penetrates into the site of action (epidermis layer of the skin) With a high flux capacity and excellent efficacy, very low concentrations could be used in aqueous formulations TSX-V: SBM Efficacy of SBM-TFC-1067 Inhibition of Human Tyrosinase (300U/ml) 0.4 0.272 mM IC50 (mM) 0.3 0.2 0.1 0.035 mM 0 SBM-TFC-1067 Deoxyarbutin SBM-TFC-1067 has 8 times the efficacy of deoxyarbutin TSX-V: SBM Safety and Efficacy Summary Safety • Superior safety profile over deoxyarbutin with zero hydroquinone released • No genotoxicity (0-0.25%) • Very minor ocular irritation at 0.14% • No ocular irritation at 0.01% • No skin irritation at 0.05% • No sensitization • No phototoxicity TSX-V: SBM Efficacy • 8 times the efficacy of deoxyarbutin • High flux capacity to the site of action in the epidermis • Antioxidant properties Glycoprotein Program Anti-Aging and Regenerative Medicine TM TSX-V: SBM Natural Anti-Freeze Glycoproteins (AFGPs) …enable survival under freezing temperatures TSX-V: SBM Efficacy of SBM-TFC-837 Viability of fibroblasts under stressed conditions of serum deprivation Cell viability (%) 100 80 Stress control 60 40 Stress + TFC-837 at 5mg/ml 20 0 D0 D1 D2 D3 D4 D5 D6 D7 D10 D12 At the conclusion of a 12 day study, 100% of the unprotected cells were dead whereas 75% of the glycoprotein-protected cells were fully viable. SBM-TFC-837 protects fibroblasts from the stressed condition of serum deprivation TSX-V: SBM Sirona’s Glycoprotein program: Biomimicry The potential opportunities are enormous Sirona’s Glycoprotein program Adjuvants for biological material preservation Cosmetic Active Ingredients Anti-aging Protection & Regeneration Stem cells Healing, Wound care, Tissues Organs Transplant Islet cells Skin explants, RHE, Hypothermic protection, Platelets Cornea Sunscreen Red blood cells Post-sunburn/ radiotherapy TSX-V: SBM Cells Adipocytes Renal Reperfusion Living organisms Vaccines SGLT2 Inhibitor Program Type 2 diabetes TM TSX-V: SBM Diabetes 2012 statistics from the International Diabetes Federation (www.idf.org) More than 371 million people have diabetes. By 2030, this will rise to 552 million. In 2011, 4.8 million people died due to diabetes and more than $471 billion US was spent on related healthcare. Global prevalence is drastically increasing. TSX-V: SBM SGLT2 Inhibitors A New Class of Diabetes Drugs The novel mechanism of action for SGLT2 inhibition is blocking the re-uptake of glucose from the kidneys and improving the obesity profile. TSX-V: SBM Global SGLT2 inhibitor Market 7,000 6,000 ($ US million) 5,000 4,000 3,000 2,000 1,000 0 2013 TSX-V: SBM 2014 2015 2016 2017 2018 2019 2020 SBM-TFC-039 Ongoing Development Milestone Status Upfront payment Complete Preclinical Studies (first line tests) • Urinary Glucose Excretion (UGE) • Oral glucose tolerance test (OGTT) • Pharmacokinetic study in rats • Batch production of 80g of compound • 14 day toxicology study with repeated administration in Sprague Dawley (SD) rats Complete (06/2014) Complete (06/2014) Complete (07/2014) Complete (12/2014) Complete (02/2015) Milestone payment for completion of toxicology study Expected in March 2015 Preclinical studies (second line tests) Investigational New Drug (IND) TSX-V: SBM SBM-TFC-039 14 Day Rat Toxicity Study 14 Days Repeated Oral Administration and Toxicokinetic observation Days 0 1 2 3 4 Group TSX-V: SBM 5 6 7 8 Treatment 9 10 11 12 13 7 Days Recovery 14 1 2 Dose (mg/kg/ day) Animal Numbers & Sex 1 SBM-TFC-039 0 3M + 3F 2 SBM-TFC-039 100 3M + 3F 3 SBM-TFC-039 300 3M + 3F 4 SBM-TFC-039 800 3M + 3F 5 Canagliflozin 300 3M + 3F 3 4 5 6 7 Same schema for toxicity and toxicokinetic studies Results of the 14 Day Toxicology Study mg/kg/day Maximum Tolerated Dose 900 800 700 600 500 400 300 200 100 0 SBM-TFC-039 Canagliflozin • Efficacy study dosing: 3 mg/kg/day • Pharmacokinetics study dosing: 10mg/kg/day PO and 1 mg/kg/ day IV TSX-V: SBM Toxicity Study Results Parameter Results Mortality • No mortality in the groups treated with SBM-TFC-039 • 1 rat died in the Canagliflozin group Clinical Observation • Soft stool observed in the 800 mg/kg/day and Canagliflozin groups Weight • No effects Food intake • No effects, except for a significant increase in the male 100 mg/kg/day group and Canagliflozin group on day 9 Hematology • Platelet counts significantly decreased in the 300 & 800 mg/kg/day groups and returned to normal at the end of the recovery period Biochemistry • Alanine transaminase (ALT) increased significantly in the 300 mg/kg/day and Canagliflozin groups • Total cholesterol increased significantly in the 800 mg/kg/ day and Canagliflozin groups • Blood urea nitrogen (BUN) increased significantly in the 300, 800 mg/kg/ day and Canagliflozin groups • These indexes returned to normal at the end of the recovery period Histopathology Examination • No visual abnormalities • Renal weight / body weight increased significantly in the 100, 300, 800 mg/kg/day and Canagliflozin groups • Thymus weight / brain weight decreased significantly in the 300, 800 mg/kg/day and Canagliflozin groups • Target organ toxicity could be the liver, kidney and thymus Coagulation • No effects TSX-V: SBM Toxicokinetic (TK) Study Results Parameter Results AUC last • No obvious gender difference after the last measurable exposure • Repeated administration of the 100 and 300 mg/kg/day doses increased exposure 2 fold (from 2.1 to 4.2), suggesting drug accumulation • Repeated administration of the 800 mg/kg/day dose did not increase exposure significantly (0.7 to 0.8), suggesting no drug accumulation • Repeated administration of Canagliflozin did not increase exposure significantly, suggesting no drug accumulation TSX-V: SBM Summary of Toxicity and TK Study Results • The maximum tolerated dose (MTD) is more than 800 mg/kg/ day for SBM-TFC-039, significantly greater than 300 mg/kg/day for Canagliflozin • No obvious gender differences suggesting equal exposure between the sexes • Repeated administration of the 100 and 300 mg/kg/day doses increased exposure 2 fold (from 2.1 to 4.2), suggesting drug accumulation • Repeated administration of the 800 mg/kg/day and Canagliflozin doses did not increase exposure, suggesting no drug accumulation TSX-V: SBM SBM-TFC-039 Summary SBM-TFC-039 Reduced glycemia with a long duration of action • • • • A highly selective and potent SGLT2 inhibitor Triggered glycosuria in a dose-dependent manner Glucosuria lasted 24 hours Reduced blood glucose levels following glucose challenge • Reduced blood glucose level in obese diabetic rats and normalized diabetes in a 28-day chronic study • Well tolerated and orally bioavailable TSX-V: SBM Summary • Sirona Biochem is a development stage biotechnology company that is the leader in commercializing carbohydrate chemistry • The opportunity exists to: o License our glycoprotein for anti-aging and regenerative medicine o License our SGLT2 inhibitor for type 2 diabetes / NASH o License our skin lightener TSX-V: SBM www.sironabiochem.com TM TSX-V: SBM