Safe Harbor Statement Materials and information provided during this presentation may contain so-called “forward-looking statements.” These statements are based on current expectations, forecasts and assumptions that are subject to risks and uncertainties that could cause actual outcomes and results to differ materially from these statements. Risks and uncertainties include general industry and market conditions, and general domestic and international economic conditions such as interest rate and currency exchange fluctuations. Risks and uncertainties particularly apply with respect to product-related forward-looking statements. Product risks and uncertainties include, but are not limited to, technological advances and patents attained by competitors; challenges inherent in new product development, including completion of clinical trials; claims and concerns about product safety and efficacy; regulatory agency examination periods and obtaining regulatory approvals; domestic and foreign healthcare reforms; trends toward managed care and healthcare cost containment; and governmental laws and regulations affecting domestic and foreign operations. The Company cannot guarantee the actual outcomes and results for any forward-looking statements. Furthermore, for products that are approved, there are manufacturing and marketing risks and uncertainties, which include, but are not limited to, inability to build production capacity to meet demand, unavailability of raw materials, and failure to gain market acceptance. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise. 1 Eisai Scientific Day Opening Remarks Haruo Naito, KBE CEO 2 Plan ‘EWAY2025’ Eisai in 2025 Focus on Neurology Area and Oncology Area to Provide Prevention-Cure-Care 2025 Realize Communitybased Healthcare that Delivers Safe and Peace to Patients Attack Camp Camp III Camp II Camp I Base Camp 3 2016 Hideo Tachi Main Concept of Plan ‘EWAY 2025’ Converting Knowledge into Business We Make Medicines, We Make Solutions through Eisai’s WAY Socialization Spending time together and sharing experiences with patients True Needs Understanding real needs of the patients Motivation for Innovation*1 Fulfilling hhc needs with our innovation Finding Out “Ricchi”*2 In order to fulfill such needs, we will find “Ricchi”, a place where no one has achieved success, an untapped space or an opportunity where Eisai can be a frontrunner. Establishment of House at “Ricchi” Major presence in “Ricchi” with our innovation (House) 4 *1: Innovation refers to “attempts which potentially generate outputs such as science, technologies and business models” *2: Source: “Strategy in Action 1: The High Road to Business Profitability” Kazuhiro Mishina, Toyo Keizai Inc. 2015 Aricept -The First Global Anti-AD DrugAt the Tsukuba Research Laboratories, Dr. Hachiro Sugimoto discovered the compound which showed excellent penetration through Blood-Brain-Barrier and inhibited the acetylcholinesterase selectively, and then developed the first global anti-AD drug with the well-proven efficacy profile. Approved in 97 countries and launched in more than 85 countries 3,447 million USD*1 in FY2009 (million USD) 3,500 3,000 2,500 and enantiomer Donepezil Hydrochloride 2,000 molecular weight: 416 1,500 1,000 500 Mild to Moderate Severe 0 5 *1: Global Aricept revenue *2: Dementia with Lewy Bodies approved in Japan and Philippines DLB*2 Halaven -Winning of Modern Chemistry DevelopmentAt the Andover Innovative Medicines Institute, Halaven was synthesized from a natural product isolated from the marine sponge Halichondria okadai in Miura Peninsula, Japan. Halaven has 19 chiral carbons, which means the theoretical number of stereoisomers is 219 (524,288) making stereocontrol potentially extremely difficult. Halaven is the first and only single-agent therapy to demonstrate a significant overall survival (OS) benefit both in patients with late-stage metastatic breast cancer (MBC) and in patients with advanced or recurrent and metastatic soft tissue sarcoma (STS*1). Approved in 60 countries and launched in more than 45 countries 334 million USD*2 in FY2015 (million USD) 350 Marine sponge Halichondria okadai 300 250 200 150 : Chiral carbon Chiral Carbon: 19 Eribulin Mesylate molecular weight: 826 6 100 50 0 FY2010 MBC FY2011 STS FY2012 FY2013 FY2014 *1: Approved indication in U.S. and EU: advanced liposarcoma. Approved indication in Japan: soft tissue sarcoma *2: Global Halaven revenue FY2015 Common Factors for Success Talent Strong sense of ownership Day and night efforts to overcome hurdles Risk mitigating Science/Technology Chemistry Human biology ICT * 7 * Information communication technology Ricchi “ ” and Innovation in Alzheimer’s Disease and Dementia Field Eisai Scientific Day Ivan Cheung President, Neurology Business Group In Japanese, “Ricchi” is a place where the landscape is clear and a place far away from the crowds, where one would build a home. At Eisai, our “Ricchi” challenges the innovation boundaries of new medicines toward preventive and curative therapies. 8 Understanding Patients’ True Needs: Our Human Health Care (hhc) Mission From Alzheimer’s Disease & Dementia Patients: • It’s hardly possible that I have dementia. I deny it. • I want to take care of myself, at least my personal care, dressing, bathing, eating. But I am missing such capabilities day by day. • I decided to go see a doctor by myself because I can’t bear to carry this anxiety. I need an answer. • Doctor, please tell me the name of this disease together with hope. • Now I am talking, but it is quite tough to me and then I feel severe fatigue of my brain. It is different from my body as I feel my brain becomes puffed up. • Though I took action for early detection, it took six years to receive a diagnosis of dementia with lewy bodies. Before then, wrong diagnosis made me worse. • I was shocked when I receive diagnosis of AD. I thought it was much better to die but then I tried to set objective to live. • I was so shocked when my grandmother couldn’t recognize me, and she has been complaining that she was scared because an unknown man has been talking to her. • My wife doesn’t want me to go out because I look like a normal person so she is afraid that people may consider I pretend to be a dementia patient. • People don't want to show their weakness. It's the same for a dementia person. Improve human health care (hhc) in the field of neurodegeneration by making medicines that fulfill the explicit/implicit needs of patients and follow the evolution of human biology toward the “root causes” of human illness Aspiring to be the most respected company that revolutionizes AD/Dementia “Total Care” across the patient’s journey 9 Platforms in 6 “Ricchi” to Realize Total Care for Alzheimer’s Disease/Dementia Ricchi 1: Super-high-resolution Fluorescence Microscopy, Blood-based Biomarker Ricchi 2: Novel Neuro-Transmission Pathways AMPA Platform, Orexin Platform, PDE Platform Comprehensive analysis methods by integrating behavior, electrophysiology, neurochemistry and PET tracer imaging in various animal models Ricchi 3: Proteinopathy + stratification & PD markers + sensitive clinical scale) Human translation technologies through correlation between function and pathophysiology in genome-editing cell/animal models Ricchi 5: Neurotrophic Factor Platform, Protein-protein-interaction Modulation Platform Platform to discover small molecules or functional biologics to modulate protein-protein interaction in synapse micro environment 10 Today’s Focus Immuno-Dementia Platform, Functional Genomics & Genome Editing Platform, Fractalkine Platform Analysis of large genome sequence data followed by functional genomics to identify drug targets supported by strong human biology Ricchi 6: Neuronal Regeneration Genetically Engineered Glia Implantation Platform Technology to handle stem cell and iPS aiming at next generation therapy including glia cells (astrocyte) implantation Curative Synapse Micro-Environment Neuro-Inflammation & Immuno-Genetics Preemptive Dual-track Platform (Combining production/aggregation inhibition + Toxic species clearance), Dementia Know-how (Integrating target species selection Ricchi 4: Supportive Early and Minimally-Invasive Diagnostics *Platform refers to the drug-discovery technology infrastructure based on innovation, aiming for bearing sequential projects An Industry-leading Portfolio for Alzheimer’s Disease/Dementia “Total Care” E2609: BACE Inhibitor (Ph 2, under Ph 3 prep.) BAN2401: Anti-Aβ protofibrils antibody (Ph 2) Aducanumab: Anti-Aβ antibody (Ph 3) E2027: PDE9 Inhibitor aiming for cognitive and neuropsychiatric benefits in dementia patients (Ph 1) (Eisai has option to jointly develop & commercialize with Biogen) Projects targeting other novel neuro-transmission pathways Cognitive Tau targeting projects (antibody & aggregation inhibitor projects) Immuno-dementia Potential for projects Modifying Synapse microUnderlining environment projects Disease Combination therapy Biology with different MOAs AD, DLB PDD, FTLD, etc. Early & Minimally -invasive Diagnosis Partnership with Sysmex Corporation Other partnership projects targeting blood-based diagnostics Enhancement Supportive Care Insomnia in populations including elderly patients (Ph 3) Sleep-Wake Fragmentation in Dementia (Ph 2 prep.) E2609: in partnership with Biogen, BAN2401: in partnership with BioArtic and Biogen, Lemborexant: in partnership with Purdue Pharma All compounds mentioned above are investigational AD=Alzheimer’s Disease, DLB=Dementia with Lewy Bodies, PDD=Parkinson’s Disease Dementia, FTLD=Frontotemporal Lobar Degeneration 11 Lemborexant: Four Discovery Engines in Eisai Neurology Business Group Tsukuba Research Laboratories (Ibaraki, Japan) Platform Technology • Integration of bio-pharmacology and medicinal chemistry with sound knowledge on CNS drug discovery • Competitive discovery platforms established through in-house discovery projects • Super-high-resolution fluorescence microscopy (partner), blood-based biomarker • Human translation technologies (EEG, fMRI, amyloid/tau PET, CSF measurement) in genome-editing cell/animal • Analysis method by integrating behavior, electrophysiology, neurochemistry and PET tracer imaging in various animal models Early and Minimally-Invasive Diagnostics Proteinopathy Synapse Micro-Environment Novel Neuro-Transmission Pathways Andover Innovative Medicines Institute (Andover, US) Platform Technology • Immunogenetic and immunoepigenetic driven target discovery • Analysis of large genome sequence data followed by functional genomics focusing on neuroinflammation to identify drug targets strongly supported by human biology KAN Research Institute (Kobe, Japan) Platform Technology • Integrated cell biology: synapse, developmental and inflammation biology • New perspective in pathophysiology by sharing knowledge/technology among neural, immune and tumor cell biology • Identification of novel cells and molecules causing disease • Modulation of protein-protein interaction by functional biologics • Handling stem cell and iPS aiming at next generation therapy including glia cells (astrocyte) implantation Hatfield Research Laboratories (Hatfield, UK) Platform Technology • Open innovation by strong network to UK/EU academia • Easy access to patient’s samples • Biomarker research collaboration with Leonard Wolfson Experimental Centre 12 Neuro-inflammation and Immuno-genetics Synapse Micro-Environment Neuro-inflammation and Immuno-genetics Neuronal Regeneration Proteinopathy Neuro-inflammation and Immuno-genetics Delivering precision medicines for dementia A new paradigm of human genetic driven drug discovery Eisai Scientific Day Nadeem Sarwar President, Eisai AiM Institute Andover innovative Medicines AiM Institute hhc mission statement Have the courage to innovate without borders and make evidence-based decisions to deliver solutions that address real patient needs 13 Maturation of human genetics enables a disruptive new paradigm for drug discovery Human genetics & drug discovery: Improving the odds of success 14 A new paradigm for drug discovery: Breaking down ownership & innovation borders Disruptive potential of human genetics shackled by conventional pharma models and cultures Drug Discovery Unit Discovery Biology Discovery Chemistry Discovery Pharmacology “Support” Genetics Unit “Guide” Biomarkers Unit “Assist” Statistics Unit Eisai AiM Institute: Andover Innovative Medicines (I) Human Biology; (II) Chemistry Innovation; (III) Entrepreneurial Collaboration “Impact” “Enable” Screening Unit … 15 A new paradigm for drug discovery: Breaking down ownership & innovation borders Disruptive potential of human genetics shackled by conventional pharma models and cultures Drug Discovery Unit Drug Discovery Unit Drug Discovery Unit Drug Discovery Unit Discovery Discovery Discovery Discovery Biology Drug DiscoveryBiology Drug DiscoveryBiologyDrug Discovery Biology Unit Unit Unit Discovery Discovery Discovery Discovery Discovery Chemistry Discovery Chemistry Discovery Chemistry Chemistry Biology Biology Biology Discovery Discovery Discovery Discovery PharmacologyDiscoveryPharmacology Pharmacology DiscoveryPharmacology Discovery Chemistry Chemistry Chemistry Discovery Pharmacology Genetics Unit Biomarkers Unit Discovery Pharmacology Statistics Unit Eisai AiM Institute: Andover Innovative Medicines (I) Human Biology; (II) Chemistry Innovation; (III) Entrepreneurial Collaboration Discovery Pharmacology Screening Unit … 16 Eisai AiM Institute: Industry unique commitment to realize new paradigm for human genetics driven drug discovery 90-scientist institute at dedicated drug discovery facility in greater Boston Human Biology & Data Sciences Engine Integrated Chemistry Engine Eisai AiM Institute Target Modulation Engine Multi-disciplinary scientists under one roof prosecuting validated genetic targets Integrated Biology Engine Sharply focused precision medicine discovery pipeline and portfolio “Biotech-like” culture but with decades of experience and track record Imaging Center of Excellence Eisai AiM Institute: Andover Innovative Medicines (I) Human Biology; (II) Chemistry Innovation; (III) Entrepreneurial Collaboration 17 Eisai AiM Institute: Industry unique commitment to realize new paradigm for human genetics driven drug discovery Data to drugs Identify and validate therapeutic targets and biomarkers from causal human biology insights Human Biology & Data Sciences Engine Integrated Chemistry Engine Eisai AiM Institute Target Modulation Engine Big data analytics Clinical data sciences Integrative neurogenetics Integrated Biology Engine Imaging Center of Excellence Eisai AiM Institute: Andover Innovative Medicines (I) Human Biology; (II) Chemistry Innovation; (III) Entrepreneurial Collaboration 18 Eisai AiM Institute: Industry unique commitment to realizing genetic drug discovery Human biology insight to impact Focused prosecution of validated targets & precision medicine biomarkers Human Biology & Data Sciences Engine In-vitro & in-vivo biopharmacology Translational biomedicine Functional genomics In vitro cell biology iPSC based methods Systematic gene editing Integrated Chemistry Engine Eisai AiM Institute Integrated Biology Engine Immune phenotyping NextGen Sequencing Functional genomic target validation Dense phenotyping Target Modulation Engine Imaging Center of Excellence Eisai AiM Institute: Andover Innovative Medicines (I) Human Biology; (II) Chemistry Innovation; (III) Entrepreneurial Collaboration Model organisms Proteomics 19 Eisai AiM Institute: Industry unique commitment to realizing genetic drug discovery Drugging the “undruggable” Establish innovative screening systems to identify potent and selective compounds Human Biology & Data Sciences Engine Integrated Chemistry Engine Eisai AiM Institute Target Modulation Engine Assay development Compound screening Structural & chemical biology Integrated Biology Engine Imaging Center of Excellence Eisai AiM Institute: Andover Innovative Medicines (I) Human Biology; (II) Chemistry Innovation; (III) Entrepreneurial Collaboration 20 Eisai AiM Institute: Industry unique commitment to realizing genetic drug discovery Compounds to medicines Exploit Eisai’s recognized small molecule chemistry firepower to make medicines Human Biology & Data Sciences Engine Integrated Chemistry Engine Eisai AiM Institute Target Modulation Engine Medicinal chemistry Novel libraries Complex drug synthesis Integrated Biology Engine Imaging Center of Excellence Eisai AiM Institute: Andover Innovative Medicines (I) Human Biology; (II) Chemistry Innovation; (III) Entrepreneurial Collaboration 21 Eisai AiM Institute: Industry unique commitment to realizing genetic drug discovery Illuminate right drug for right patient Quantitative assessment of target engagement, dose, mechanism and response Human Biology & Data Sciences Engine Integrated Chemistry Engine Eisai AiM Institute Target Modulation Engine PET Tracers Imaging genetics Functional imaging Integrated Biology Engine Imaging Center of Excellence Eisai AiM Institute: Andover Innovative Medicines (I) Human Biology; (II) Chemistry Innovation; (III) Entrepreneurial Collaboration 22 Eisai AiM Institute: Leveraging external environment through unique and flexible entrepreneurial collaborative models Human Biology & Data Sciences Engine Open innovation Research consortia Integrated Chemistry Engine Eisai AiM Institute Integrated Biology Engine Pre-competitive collaborations Scientific partnerships Target Modulation Engine Imaging Center of Excellence Eisai AiM Institute: Andover Innovative Medicines (I) Human Biology; (II) Chemistry Innovation; (III) Entrepreneurial Collaboration Scientific training programs 23 Human genetics and immunodementia: Moving beyond amyloid & tau for NextGen therapeutics Large-scale human genetic data highlight immune dysfunction as causal in dementia Most enriched causal pathway in unbiased genetic analyses of AD risk genes Several common and rare variants in immune related genes associated with AD risk Functional systems available to enable understanding of molecular mechanisms Potentially viable translational biomarkers to identify patient subsets most likely to benefit Eisai AiM Institute: Andover Innovative Medicines (I) Human Biology; (II) Chemistry Innovation; (III) Entrepreneurial Collaboration Gene editing, functional genomics and “disease in dish” models 24 Working example: Immuno-phagocytosis hypothesis Immuno-oncology checkpoint Immuno-dementia checkpoint? Tau Cell debris Ab Tumor cell XXXX PD-L1 MHC PD1 TCR XXXX Cytotoxic activity Cytotoxic T cell Eisai AiM Institute: Andover Innovative Medicines (I) Human Biology; (II) Chemistry Innovation; (III) Entrepreneurial Collaboration Phagocytosis Microglia 25 Working example: Immuno-phagocytosis hypothesis Bioparticle Phagocytosis pHrodo-labeled bioparticles Ab Phagocytosis Aggregated fluor-labeled Ab peptide Eisai AIM Institute neuro-immunology lab Eisai AiM Institute has launched human genetics validated discovery programs to deliver precision medicine clinical candidates within 3-5yrs Eisai AiM Institute: Andover Innovative Medicines (I) Human Biology; (II) Chemistry Innovation; (III) Entrepreneurial Collaboration 26 Discovering novel dementia medicines is – on average – expensive, risky and takes a long time Maturation of human genetics provides a new paradigm for dementia drug discovery by: (i) Identifying novel therapeutic targets increase the probability of success (ii) Matching them to patients most likely to benefit The Eisai AiM Institute is an industry unique commitment to fully harness disruptive drug discovery opportunities provided by human genetics We are at the forefront of delivering precision medicines from human genetics for the targeted subset of patients with immuno-dementia 27 KAN Research Institute Strategy Integrative cell biology to find hidden drug targets Fractalkine platform and EphA4 platform Eisai Scientific Day Toshio Imai, PhD President, CEO & CSO, KAN Research Institute 28| 28 KAN Research Institute Implementation: Focus our multi-disciplinary approach to cell biology and world class translational research on “Ricchi” Mine hidden targets and reveal their pathophysiological functions by integrative cell biology Prioritize developing mAbs and nucleic acid drugs, then cell therapy | 29 KAN Research The Medicine of “Integrative” Cell Biology Leveraging the multi-disciplinary study of neurobiology, immunology and tumor biology to discover novel targets and innovative therapies Novel targets and therapies Pathways Synapse micro-environment Functional Unit Neuro-inflammation and immuno-genetics Effectors Neuronal regeneration Information | 30 Integrative cell biology focusing on brain microenvironment Abnormal regulation of synapse microenvironment Genomic mutation Environmental Factors Blood vessel Abnormal astrocyte Infiltrated immune cells Discovery of ‘non-reported’ cells and molecules causing disease (amyloid, phosphoTau). Target cells: Synapse, astrocytes, microglia and peripheral immune cells Amyloid b Amyloid b Abnormal synapse phosphoTau phosphoTau Abnormal microglia Cell death | 31 A novel theory of neuronal loss: A role for E6011*? Fractalkine-mediated immune cells infiltration of the brain Fractalkine (FKN) is a chemokine present in the blood vessels. Its receptor mediates specific immune cells migration Capture Firm adhesion Crawling E6011: Anti-FKN mAb Chemotaxis Infiltrated & activated immune cells Enhancement Aβ Synapse loss Accessory Function Survival Neuron death *Investigational | 32 E6011*: Mechanism of Action E6011 removes immune cells from blood vessels, suppressing infiltration of immune cells Detachment of crawling/adhered macrophages on blood vessels in colon of Oxazolone-induced colitis by anti-FKN mAb Before anti-FKN mAb i.v. 30 min after anti-FKN mAb i.v. Hoechst *Investigational | 33 Phase 1b E6011* study: Efficacy signals in Rheumatoid arthritis ACR* Core Data Set response rate at Wk 12 (%) 100 100mg (n=12) 200mg (n=15) 50 0 ACR 20 ACR 50 ACR 70 ACR 70 at week 12 was 20 % in the cohort of 200 mg Now an additional dose (400 mg) is being evaluated * ACR: Standard for assessing the clinical improvement of rheumatoid arthritis symptoms defined by the American College of Rheumatology *Investigational | 34 Phase 1b E6011* study: Efficacy signals in Crohn’s disease Proportion of patients (%) Clinical Response & Remission at week 12 CR-70 CR-100 Remission 60 40 20 0 2 mg/kg 5 mg/kg (Cohort 1) (Cohort 2) (1/5 1/5 0/5) (2/7 1/7 0/7) 10 mg/kg (Cohort 3) (4/6 4/6 3/6) High remission rate at 10 mg/kg in Crohn’s disease An additional dose (15 mg/kg) is being evaluated *Investigational | 35 E6011*: Challenge in new science for Alzheimer’s disease (AD) Peripheral blood vessels Monocytes Blood-Brain Barrier Microglia Microglia Ab plaque Macrophage Neuron Hypothesis • Well known that microglia expresses risk genes of AD • But NO clear evidence the microglia is mono-population • Infiltrated monocyte may express as well Next step • Proof that the function of monocyte, becoming E6011 is a drug candidate for AD • Conditional KO is critical study for proof of biology Central Nervous System *Investigational | 36 Story of EphA4 targeting synapse modulator: g-Secretase inhibition as classical concept for AD therapy Synapse • Inhibition of g-secretase became the strategy for AD treatment • However, PS1/PS2 double KO mice exhibit AD-like neurodegenerative phenotypes • And clinical trial results indicated that AD patients treated with a g-secretase inhibitor can have worse cognition and function | 37 Finding hidden substrate of g-secretase: The path to EphA4 Axon Synapse Hypothesis: Dendrite Neuron Axon Synapse EphA4 g-secretase Dendrite Inhibition of g-secretase causes synapse dysfunction, and a key substrate of g-secretase is EphA4. Moreover, EphA4 cleavage mediates healthy dendritic spine function, but EphA4 cleavage is reduced in AD. Could EphA4 cleavage enhancers help in AD? Maintenance of synapse and brain homeostasis Inoue (KAN) et al., J. Cell Biol., 2009 | 38 EphA4 cleavage enhancer: A novel therapy for AD EphA4/Ephrin Interaction EphA4 Cleavage (Undesirable) (Desirable) R&D objective: Induce synapse stabilization via increased EphA4 cleavage | 39 Preclinical data suggests that cleaved EphA4 increments synapse density Control Cleaved EphA4 Bar: 5mm In-vitro data (Rat primary neuron) | 40 Summary KAN is committing on the novel molecule hunting with integrative cell biology concept. FKN concept (E6011*), with mechanism validated in Rheumatoid arthritis and Crohn’s disease patients, may challenge new science for Alzheimer’s disease. EphA4 cleavage enhancer encourages creation of new therapeutic field next to Ab concept. KAN makes patients’ hopes by the innovative medicines. *Investigational | 41 Tsukuba Research Laboratories: Strengths in neurotrophic factor, proteinopathy and novel neurotransmission platforms to realize total care for Alzheimer's Disease and dementia patients Eisai Scientific Day Teiji Kimura, Ph.D. Chief Discovery Officer Neurology Business Group 42 Next Approach Beyond Amyloid and Tau Synapse Restoration Agent Cognitive Function Early AD Anti-proteinopathy Agent Mild AD E2609*1, BAN2401*2 Aducanumab(Biogen)*3 Tau program Moderate AD Severe AD Symptomatic Treatment Aricept Typical AD progression Age Synapse restoration agent may not only revitalize synaptic function, but also slows down disease progression. 43 AD=Alzheimer's Disease All projects are investigational except for Aricept. *1: In partnership with Biogen *2: In partnership with Biogen and BioArctic *3: Eisai has an option to jointly develop and commercialize Concept of Neurotrophic Factor Enhancement NGF (nerve growth factor) gene therapies improve MMSE and ADAS-Cog score in all Phase 1 studies for AD patients. • • • • M. H. Tuszynski, et. al., Nature Medicine, 2005, 11, 551. H. Malkki, Nature Reviews Neurology, 2015, 11, 548. D. Ferreira, et. al., J Alzheimers Dis. 2015, 43, 1059. A. Karami, et. al., Alzheimer’s & Dementia, 2015, 11 AD11 animal (chronic depletion of NGF) show AD-like pathology. 1. Loss of cholinergic neurons. 2. Accumulation of Aβ and NFT(neurofibrillary tangle). icv injection of NGF rescues these phenotypes. 44 How Neurotrophic Factor Enhancers Work? Tau Transgenic animals (P301S) exhibits • Loss of cholinergic neurons • Decrease of cholinergic presynapse A neurotrophic factor enhancer increased • the number of ChAT (choline acetyltransferase) positive cells in septum • the optical density of VAChT (vesicular acetylcholine transporter) in hippocampus Neurotrophic Factor Enhancer Rescue Cell Body Damage Revitalize Presynapse Neurotrophic factor enhancer showed rescue of neuronal cell death and recovery of synaptic function. 45 * All projects are investigational Summary Synapse restoration agent not only revitalizes synaptic function, but also slows down disease progression. A small molecule rescued neuronal death and recovered synaptic function in tau transgenic animal. Neurotrophic factor modulator could open a new treatment paradigm as a disease modifier for AD. Ricchi 5: Synapse Micro-Environment Neurotrophic factor and protein-protein-interaction modulation platform Neurotrophic factor activators, EphA4 processing enhancers and other projects 46 Challenge to Disease-Modifying Therapy APP Neurogenesis Microglia activation Neuroinflammation Amyloid Aβ Aβ accumulation Aβ protofibrils P P Synaptic dysfunction tau P P Mitochondria Tau phosphorylation aggregation Proteastasis Tau Circuits/networks dysfunction Cell death Neuronal dysfunction Cellular Metabolism 47 Synapse Dementia Amyloid-based Approach: E2609*1and BAN2401 Protofibril 48 *1: In partnership with Biogen *2: In partnership with Biogen and BioArctic. All projects are investigational. *2 E2609*: Human genetic validation of BACE1 cleavage of APP as therapeutic target of AD Genetic inhibition of BACE should: reduce amyloid, with the aim to protect against Alzheimer’s & delay cognitive decline Rare functional variant in APP gene discovered in Iceland: Reduces BACE1 cleavage of APP by approx. 40%*1 Reduces risk of developing AD by approx. 75%*1 Pharmacological inhibition of BACE (in right patient at right time) should: reduce amyloid, with the aim to protect against Alzheimer’s & delay cognitive decline *1: T. Jonsson, et. al., Nature. 2012 Aug 2;488(7409):96-9. 49 * In partnership with Biogen. Investigational. E2609*: Translation from Animal to Human Dose response of Aβ-reduction by E2609 in animal Dose response of the CSF Aβs changes by E2609 in the Ph1 MAD study Internal data Brain Ab reduction is correlated with CSF reduction. 50 * In partnership with Biogen. Investigational. Clinical study confirmed change in Aβ Isoforms in CSF compared to the baseline after 14 days of E2609 dosing BAN2401*: Characters Amyloid Protofibril Definition: • 80-500 KDa • 18-114 mers • Height 1.8-3.0 nm • Diameter: 25-40 nm PLoS ONE, 2012, 7, e32014 Affinity to amyloids • For protofibril: IC50 1.1 nM • For monomer: IC50 40000 nM Toxic species • Protofibril induces cell toxicity in vitro study • Protofibril shows significantly high level in AD compared to agematched control Comparison among anti-amyloid antibodies BAN2401 Aducanumab Solanezumab Bapineuzumab Crenezumab Gantenerumab Epitope structural N-terminus mid-domain N-terminus mid-domain N-terminus Origin Humanized Human Humanized Humanized Humanized Human Isotype IgG1 IgG1 IgG1 IgG1 IgG4 IgG1 Target Protofibrils Fibrillar Oligomer Soluble Ab Fibrillar Oligomer Monomeric Fibrillar Oligomer Monomeric Fibrillar Oligomeric MOA Microgliamediated clearance Microgliamediated clearance Sink effect Microgliamediated clearance Microgliamediated clearance Microgliamediated clearance Adapted from Biogen Presentation in AD/PD 2015 51 * In partnership with Biogen and BioArctic . All projects are investigational. BAN2401*: Mechanism of Action Increased microglia level and engagement following treatment suggest that amyloid clearance may be mediated by microglia Presented at Alzheimer's Association International Conference (AAIC) 2013 June Kaplow et al, Bradford Navia et al Internal Data SPECT imaging analyses indicated measurable improvements in markers of neuronal health in response to mAb158 at 12 weeks for some brain regions, particularly in the hippocampus and cortex * In partnership with Biogen and BioArctic. Investigational. 52 Tau Hypothesis-based Approach Aβ production inhibitor Eisai is developing tau-targeting discovery projects internally and also through the partnership with externals. Aβ – tau Pathway inhibitor Kinase inhibitor Neuroprotectant Aggregation inhibitor Aβ Aging Microtubule dynamics Microtubule stabilizer Hyperphosphorylation Neuronal death Aggregation Synaptic impairments Clearance enhancer Transmission Transmission inhibitor Enhancer of synaptic function Known target 53 Unknown Target Microtubule dynamics Hyperphosphorylation Aggregation Neuronal death Concept of Anti-Tau antibody Misfolded ‘seed’ Monomer Antibody to prevent Tau seeding and spreading = Tau Cell-to-cell transmission of misfolded Tau causes spread of the pathology. A therapeutic antibody targeting Tau could stop seeding and spreading of pathological Tau in a number of Tauopathies i.e. AD, FTD, PSP etc. 54 Concept Validation in Preclinical Model Tau seeds injecting Tau seeds spread to whole brain and induce tau aggregation Inhibition of primary seeding: Brain injection of the mixture of an antibody with P301S tau seeds to P301S tg animal reduced level of hippocampal insoluble tau. Inhibition of secondary seeding: An antibody ip dosing before and after brain injection of the P301S tau seeds reduced level of cerebrum cortical insoluble tau. Tau seeds induced insoluble tau aggregation. Antibody captured tau seeds and prevented cell-to-cell transmission of tau seeds. Antibody reduced insoluble tau aggregation in neurons. 55 Summary Genetic study strongly supports the concept of BACE for AD treatment. MOA of E2609*1 was translated from preclinical model to clinical study. MOA and functional effect of BAN2401*2 were demonstrated in preclinical study. Anti-Tau antibody validated tau cell-to-cell propagation hypothesis. Ricchi 3: Proteinopathy Translational studies linking function (behavior, EEG, fMRI) to pathobiology (amyloid/tau PET) in genome-editing cell/animal models E2609, BAN2401, tau projects, alpha-synuclein and TDP-43 projects 56 *1: In partnership with Biogen *2: In partnership with Biogen and BioArctic. All projects are investigational Sleep Efficiency % Lemborexant*: Sleep disturbance in AD is part of more broadly dysregulated circadian rhythms Sleep Efficiency % MMSE Score CSF Orexin Level pg/ml A. Satlin et al., Neurobiol. Aging, 1995, 16, 765. Liguori et al, JAMA Neurol. 2014;71(12):1498-1505. AD patients show sleep-wake fragmentation (SWF). Sleep efficiency is positively correlated with cognitive function. Sleep efficiency is negatively correlated with orexin level in CSF. Lemborexant has potential for improvement of SWF in AD 57 * In partnership with Purdue Pharma. Investigational. E2027*: PDE9 inhibitor Glutamatergic neural network Glutamatergic neuron hippocampus Synaptic region Glutamatergic neuron GTP GC cGMP: cyclic guanosine monophosphate GC: guanylyl cyclase NO: nitric oxide PKG: protein kinase G 5’-GMP cGMP PDE9 NMDA R Glu Glu 5’-GMP Ca2+ Glu AMPA R Pre-synaptic site NO PDE9 cGMP Na+ PKG NOS GC GTP PKG Post-synaptic site PDE9 regulates cGMP signaling downstream of multiple neurotransmitter systems. E2027 would provide therapeutic benefits in cognitive impairment and neuropsychiatric symptoms. 58 * Investigational E2027*1: Pharmacological Character Highly potent & selective PDE9 inhibitor PDE9 IC50: 0.0035 μM; >1000-fold selective over other PDEs Freezing % in contextual fear conditioning test vehicle Wild-type animal vehicle 3 10 E2027 (mg/kg, p.o.) Tg2576 animal vehicle Wild-type animal vehicle 3 10 E2027 (mg/kg, p.o.) Tg2576 animal *: p<0.05 compared #: p<0.05 compared Hippocampal cGMP was decreased in Tg2576 animal. E2027 improved the hippocampal cGMP decrease. E2027 improved contextual fear memory deficit in Tg2576 animal. Cognitive improvement is correlated to cGMP level in CSF. 59 *1: Investigational Summary Orexin is the key pathway on regulation of sleep-wake cycle. Lemborexant has potential for treatment of sleep-wake fragmentation in dementia patients. PDE9 inhibitor E2027 may help improve both cognitive function and neuropsychiatric symptoms through regulation on multiple neurotransmitters. Ricchi 2: Novel Neuro-Transmission Pathways AMPA platform, Orexin platform and PDE platform 60 All projects are investigational Capability of Small Molecule Discovery in Tsukuba Research Laboratories Cell Based HTS Fragment Based Drug Design ] Structure Based Drug Design Computer-Aided Drug Design Combination of unique GPCR library and panel assay ] Chemistry capability with various approaches enable delivery of small molecules for various targets which are previously thought undruggable (protein-protein interaction etc). 61 Strong Progress in Clinical-stage Pipeline in Alzheimer's Disease and Dementia Field Eisai Scientific Day Lynn D. Kramer, MD FAAN Chief Clinical Officer & Chief Medical Officer, Neurology Business Group 62 Robust Pipeline for Alzheimer’s Disease and Dementia “Total Care” Pre-clinical Ricchi 2: Novel Neuro -Transmission AMPA Platform Orexin Platform PDE Platform Phase I POC/Ph II Pivotal/Ph III Launched E2027 BAN2401 Dementia Early AD AD/DLB PDE9 inhibitor Anti Aβ protofibril mAb AChE inhibitor Aricept LPI (800 patients) by 3Q FY16 Ricchi 3: Proteinopathy Tau Platform alpha-synuclein Platform E2609 TDP-43 Platform Early AD BACE inhibitor Ricchi 4: Neuro-Inflammation & Immuno-Genetics ImmunoDementia Platform Functional Genomics & Genome Editing Platform Fractalkine Platform Ricchi 5: Synapse Micro-Environment E6011 End of Ph II meeting with FDA in July 2016 Ph III start-up activities underway RA / CD Aducanumab Anti-Fractalkine mAb Early AD Potential indication expansion to AD/Dementia Anti Aβ mAb Neurotrophic Factor Enhancer Platform EphA4 Cleavage Enhancer Platform (Biogen): Eisai has an option to jointly develop and commercialize Lemborexant Ricchi 6: Neuronal Regeneration Genetically Engineered Glia Implantation Platform 63 SWF* in AD/Dementia Orexin receptor antagonist SWF Pre-IND meeting with FDA in July 2016 Phase II initiation anticipated in 3Q FY2016 * Sleep-Wake Fragmentation E2609: in partnership with Biogen, BAN2401: in partnership with BioArtic and Biogen, Lemborexant: in partnership with Purdue Pharma All compounds mentioned above are investigational except for Aricept AD=Alzheimer’s Disease, DLB=Dementia with Lewy Bodies Progressive Adaptation of Diagnostic Repertoire for Early AD Therapeutics How to identify “Early AD” patients in need of targeted disease modifier therapy? Potential Population Stage 1: At-home screening procedures to identify patients at earlier stage disease, i.e. “GENERAL TRIGGER” Stage 2: Specialized screening procedures by primary care physicians, i.e. “SIMPLE SCREENING” Stage 3: Specific diagnostic procedures that meet guidelines by physicians treating AD, i.e. “CONFIRMING EXAMINATION” Early AD Web-based test, wearable devices, smartphone measures etc. In-office computerized tests or simple questionnaires Amyloid PET imaging, gradually supplemented/replaced with CSF IVD*s, but remaining need to evolve to easy-touse and minimally-invasive diagnostics Therapy by “Disease Modifier” 64 * in vitro diagnostics E2609* Concept for Mode of Action Hypothesis on the Amyloid Cascade synaptic dysfunction & loss The Amyloid Cascade Hypothesis Oligomeric Aβ APP BACE Aβ Extracellular E2609 Amyloid plaque Intracellular Neurofibrillary tangle Gamma secretase - P Tau P P P P P Paired Helical Filaments 65 * In partnership with Biogen, investigational E2609* Phase II Progress Study 202 (Outpatient Study) Outcomes of Study 202 66 Multi-center, outpatient study Based on the PK/PD model, doses of 5, 15, and 50 mg were selected for Phase II to achieve 25, 50 and 75% BACE inhibition Preliminary safety confirmed at all doses PK/PD data for CSF and plasma confirmed models developed from earlier Phase I and Phase II – doses achieve expected levels of Aβ inhibition in CSF and plasma Have identified a relevant dose based upon results from safety and aggregate PK/PD modeling from all Phase I and Phase II data * In partnership with Biogen, investigational E2609* Phase III Start-up Activities Underway Regarding Study Design Will discuss study design at end-of-phase II meetings with regulatory agencies FDA (US): July 2016 EMA (EU): 3Q FY2016 PMDA (Japan): 3Q FY2016 Potential Design Concept 67 Global, multi-center, outpatient studies Placebo-controlled 24 months of treatment Primary endpoint: Clinical Dementia Rating Sum of Boxes (CDR-SB) Seeking streamlined development scenarios in consultation with Health Authorities * In partnership with Biogen, investigational BAN2401* Concept for Mode of Action Anti-Amyloid Beta Protofibril Antibody Antibody against Aβ protofibril made for novel AD immunotherapy ADDLs Aβ*56 Oligomers Aβ fibrils Globulomers Spheroids (20-100 kDa) LMW-Aβ (8-20 kDa) in Aβ monomers (4 kDa) Aβ plaques BAN2401 SOLUBLE Protofibrilar Pores Protofibrils (> 100 kDa) INSOLUBLE Plaque Related-Toxicities: Neurotoxicity on neuron (in vitro) LTP impairment (in vitro/in vivo) Memory deficits (in vivo) Prof. Lars Lannfelt 68 * In partnership with Biogen and BioArctic, investigational BAN2401*1 Novel Phase II Design and Current Status Phase II (Study 201): Efficacy and Dose/Schedule Finding Study Begins at 196 subjects enrolled [1st Interim Analysis (IA)] Successive IA at 250 and every 50 subjects enrolled until full enrollment Full Enrollment Bayesian adaptive design A novel approach to address challenges in AD Fixed Burn-in Period: Fixed enrollment for first 196 patients Response Adaptive Randomization Successive IA every 3 months from full enrollment until all subjects complete 12 months treatment Futility assessed at every IA Early success assessed at IA starting at 350 subjects Response adaptive randomization assigns patients to more favorable doses based on IA results, leading to more efficient trial with greater acceptability to investigators, IRBs, and patients Andrew Satlin et al, Alzheimer's & Dementia: Translational Research & Clinical Interventions, Volume 2, Issue 1, January 2016, Pages 1–12 Trial completion with robust results improves regulatory utility of the trial Minimal % Reduction to Call Success at various IA N 69 Bayesian Approach at Interim Analysis 95% Threshold Estimate 650 63 % 700 62 % 750 61 % 800 59 % 800 + 3 months 57 % 800 + 6 months 54 % 800 + 9 months 52 % Traditional Approach*2 Analysis of covariance Current Status 800 + 12 months 38 % 54 % 11th IA at 700 patients occurred in June 2016 LPI (800 patients) by 3Q FY2016 Continuing to explore with Health Authorities on how to leverage the ongoing Phase II study in future pivotal program should the Phase II study achieve positive outcome * 1: In partnership with Biogen and BioArctic, investigational *2: Phase III sample size to detect differences of 25-30% Combination Therapy in AD/Dementia May Unlock Therapeutic Possibilities An Example of Combination Therapy of the Future Inhibition of Aβ generation (BACE inhibitor) Inhibition Amyloid Precursor Protein (APP) Combination Use Clearance of toxic oligomeric Aβ (Anti-Aβ mAb) Elimination Oligomeric Aβ Aβ Plaques Other Examples of Combination Therapy of the Future • • • BACE Inhibitor + Anti-Tau mAb, BACE Inhibitor + Tau Aggregation Inhibitor, Anti-Aβ mAb + Anti-Tau mAb Proteinopathy Targeting Agent Combining with Disease Modifier Targeting Neuro-inflammation/Immunogenetics or Synapse Microenvironment Disease Modifier + Symptomatic Treatment Combination provides the possibility for improved therapy • Increased efficacy vs. monotherapy or Increased safety with equal efficacy (dose sparing reducing AEs) More permutations for combination treatment provides a broader choice to tailor multi-drug regimens to individual patient needs Combination may accelerate development and reduced costs in development programs • 2X2 (1 trial)-factorial designs can potentially support each agent in monotherapy and the combination • Combination can provide label extension opportunity • Monotherapy followed by combination (efficacy or dose sparing lifecycle strategy depending on experiences in monotherapy program) Ultimate goal is to create potentially preventive and curative therapies for this complex disease 70 Lemborexant* Parallel Programs in Sleep-Wake Fragmentation in Dementia & General Insomnia Sleep-Wake Fragmentation (SWF) in Dementia Aiming toward the first product indicated for treatment of sleepwake fragmentation in dementia Sleep-wake fragmentation is not insomnia and is diagnostically distinct from insomnia General Insomnia Aiming toward a clinically differentiated and best-in-class insomnia product that can be uniquely positioned as the insomnia treatment of choice for elderly patients 71 * In partnership with Purdue Pharma. Investigational Unmet need: Available medications are not appropriate • Potential to be a novel treatment for sleep-wake fragmentation in dementia • Sleep-Wake Fragmentation is associated with behavioral disturbances that often lead to institutionalization • Lack of approved therapies puts dementia patients at risk due to offlabel use of other therapies, including antipsychotics • Allow for speed to market by leveraging the general insomnia clinical development program • Phase II potential design: double-blind, placebo-controlled, multi-center study with primary endpoints of sleep efficiency and wake efficiency SWF Pre-IND Meeting with FDA July 2016 IND Submission 2Q FY2016 Phase II Study Initiation 3Q FY2016 Expected Phase III Study Initiation FY2017 Expected Approval Before FY2020 Potential Pillars of Differentiation • Superior safety profile compared to zolpidem in head-to-head studies • Superior sleep efficacy compared to zolpidem in head-to-head studies (sleep maintenance and potentially sleep onset) • No impairment of next-morning driving performance Pivotal Study Initiation May 2016 Expected Approval Before FY2020 E2027* Inhibits PDE9 and Increases Brain cGMP cGMP is a secondary messenger with critical role in learning & memory The enzyme phosphodiesterase 9 (PDE9) specifically degrades cGMP; thereby regulating cGMP signaling within brain PDE9 is abundantly expressed in brain cognition pathways cGMP is decreased in brains/CSF of patients with cognitive deficits The PDE9 inhibitor strengthens signaling in cognition pathways E2027 * PDE9 inhibitor 72 * Investigational Preliminary proof-of-mechanism observed in Phase I study Planning designs for additional clinical development studies targeting improvement in cognitive function and behavioral psychological symptoms of dementia (BPSD) in dementia patients Launch target: Beyond FY2020 Potential for Modifying Underlining Disease Biology Summary of Five Clinical-stage Assets in Alzheimer’s Disease and Dementia E2609 BACE inhibitor (Beta-secretase) BAN2401 Anti-A-beta protofibrils antibody Aducanumab (BIIB037, Biogen) Anti-A-beta antibody Supportive Care and Cognitive Enhancement 73 Lemborexant Orexin receptor antagonist E2027 PDE9 inhibitor Study 202 (Phase II) confirms preliminary safety at all doses and expected levels of abeta inhibition in CSF and plasma – have identified a relevant dose based upon results from safety and aggregate PK/PD modeling from all Phase I and Phase II data Phase III design to be discussed at End of Phase II meeting with FDA in July 2016 Phase III start-up activities underway 11th Interim analysis at 700 patients in Study 201 occurred in June 2016 Last-patient-in (800 patients) anticipated in 3Q FY2016 Continuing to explore with Health Authorities on how to leverage the ongoing Phase II study in future pivotal program should the Phase II study achieve positive outcome Launch target: Shortly after FY2020 Two Phase III studies (18-month primary endpoint) in patients with early AD ongoing Eisai has an option to jointly develop and commercialize Phase III insomnia program initiated in May 2016 including elderly patients Sleep disturbances are prevalent in over half of dementia patients and bidirectional relationship between sleep and dementia is being implicated* Pre-IND meeting with FDA for Sleep-Wake Fragmentation in July 2016, with Phase II initiation anticipated in 3Q FY2016 Launch target: Before FY2020 Preliminary proof-of-mechanism observed in Phase I study Planning for additional clinical development studies targeting improvement in cognitive function and behavioral psychological symptoms of dementia (BPSD) in dementia patients Launch target: Beyond FY2020 E2609: in partnership with Biogen, BAN2401: in partnership with BioArtic and Biogen, Lemborexant: in partnership with Purdue Pharma All compounds mentioned above are investigational * Liguori C et al. JAMA Neurol. 2014 Dec;71(12):1498-505 “Ricchi” and Innovation in Oncology Field Eisai Scientific Day Teru Iike President, Oncology Business Group 74 Eisai Oncology Business Group From Pain to Gain - hhc Needs We Fulfill Find a Cure • “My ultimate hope is to find a cure. But that’s not realistic. What I’m after is as much time as possible. Your drug, Halaven, has given me extra time and I am so very thankful for that. It has allowed me these precious months with my family. But I know it will not last forever. Maintaining a normal/social life • Survival is important. What I can do after survival is also important. • As long as I can live my life and continue to work full-time, that is my goal. My goal is to stay away from systemic chemos. Affordable pricing Pain Side Effects • Side effects of chemo was like a hell. If I have a recurrence of cancer, I would never take a chemo, rather go to hospice. • I asked a doctor what if I have a numbness as side effects but I got answer “There is no coping technique to the side effects”. Maintaining a normal/social life • I was afraid that I would be unable to continue working due to side effects of chemo and social stigma. • Who is going to support my family if I am too sick to work, or not here? Mental/Spiritual pain Financial concerns ・ My husband and I had to declare bankruptcy because of the outrageous costs of my leukemia medicine ($7000 per month) and tests. The unreasonable costs of the medicine I needed to stay alive has taken everything we have. ・ They are taking the pills every other day or missing a month—and the reasons are completely financial. 75 Make Cancer curable or manageable • Please don’t compare patients. Every single patient is different. • Mental pain was tougher than pain from surgery or chemo therapy. • Physicians may say that “Your cancer has a good prognosis in general”. However, cancer is cancer. The way how to see the disease is different between physicians and patients. • I’m very much worried about potential recurrence of the cancer. Solution to maintain patient’s normal life Total Disease Management: Mental/Spiritual care, Tailormade treatment, Advance Care Planning "Patient Profile" chart is prepared by Eisai, modifying from "Customer Profile" chart in the following source: Value Proposition Design: How to Create Products and Services Customers Want (Strategyzer) Oncology “Ricchi” and Innovation “Center-Line” Platforms to Provide Cure for Cancer Patients Ricchi 1: Cancer Microenvironment 1-1. Mesenchymal Cancer and Stromal Cells (Cell Differentiation, Cancer Stemness, etc.) Platform technology • Eribulin platform • Morphotek’s antibody platform • Cancer stemness platform Projects • Eribulin + Pembrolizumab*, Eribulin + PEGPH20*, Halichondrin research* and other new projects 1-3: Endothelial Cells (Abnormal Tumor Vessels) 1-2: Myeloid Cells (Immunosuppressive Myeloid Lineage) Platform technology • Prostaglandin/Toll-like receptor platform (cancer immunity platform targeting myeloid cells) Projects • E7046 (EP4 inhibitor)* and other new projects Ricchi 2: Cancer Gene Dependence and Aberrant Splicing Platform technology • Lenvatinib/kinase inhibitor platform Platform technology • Cancer genomics platform • Splicing platform Projects • Lenvatinib + Pembrolizumab*, Lenvatinib + Everolimus*, and other new projects Projects • FGFR4 inhibitor*, SF3B1 modulator* and other new projects 76 These platforms refer to the drug-discovery technology infrastructure based on innovation, aiming for bearing sequential projects. * Investigational single agents or combination treatments Our Focus in Cancer Microenvironment Mesenchymal cancer cells EMT*1 MET*2 Cancer stem cells Myeloid cells Epithelial cancer cells • Cytotoxics • 1st generation RTKIs*3 Lymphoid cells Immune checkpoint inhibitors Endothelial cells Mesenchymal stromal cells (Fibroblasts, etc.) Angiogenesis inhibitors 77 *1 Epithelial-Mesenchymal Transition *2 Mesenchymal-Epithelial Transition, *3 Receptor tyrosine kinase inhibitors Oncology Discovery Engine Four Sites H3 Biomedicine (Cambridge, US) Cancer Genomics Platform • State-of-the-art genomics, genetics and bioinformatics tools to identify and validate cancer gene dependence, such as driver gene mutations and abnormal gene expression Splicing Platform • Cancer Gene Dependence • Aberrant Splicing • Compound libraries to identify novel, splice variant-specific splicing modulators • A unique set of high throughput screening systems Tsukuba Research Laboratory (Tsukuba, Japan) • Abnormal Tumor Vessels Lenvatinib/Kinase Inhibitor Platform • Diverse small molecule libraries to inhibit target kinases • Clinical samples and translational research tools via Lenvima development to identify new cellular targets in cancer Cancer Stemness Platform • Functional cell based phenotypic assay systems to evaluate cell differentiation, epigenetic control and tumor metabolism • Single cell-based analysis to address tumor heterogeneity Eribulin Platform • Natural product chemistry to synthesize highly complex small to mid-size molecules with halichondrin-based compound library. Translational research tools via Halaven development Morphotek (Exton, US) Morphotek’s Antibody Platform • Anti-folate receptor alpha antibody, anti-mesothelin antibody, anti-TEM1 antibody and others • Morphotek original site specific conjugation technologies • Immunosuppressive Myeloid Lineage • Cell Differentiation • Cancer Stemness • Cell Differentiation • Cancer Stemness Eisai Andover Innovative Medicines Institute (Andover, US) Prostaglandin/TLR Platform (Cancer immunity Platform targeting Myeloid cells) 78 • Unique compound libraries consisting of EP2, EP4 and toll-like receptor (TLR) antagonists • Cell free and cell-based assay systems to evaluate myeloid-derived cancer immunity • Immunosuppressive Myeloid Lineage Eisai Scientific Day Markus Warmuth, MD President and CEO, H3 Biomedicine H3 Biomedicine H3 - At the interface of Big Molecular Data and Precision Chemistry Translate cancer patient data into powerful precision therapeutics Big Data Science 80 Precision Chemistry H3 Biomedicine Novel Therapies The H3 Knowledge Base Generation Processing Management Integration Wart TiP Analysis Mining Therapeutic Hypothesis 81 H3 Biomedicine H3’s portfolio projects impact several important hallmarks of cancer Modified from Cell, Volume 144, Issue 5, Douglas Hanahan and Robert A. Weinberg, Hallmarks of Cancer: The Next Generation, p646–674, Copyright 2011, with permission from Elsevier. 82 H3 Biomedicine H3’s Chemistry Approach H3 INTEGRATES SEVERAL DIFFERENT APPROACHES WITH A GOAL TO TACKLE HARD TO DRUG CANCER GENES Diversityoriented Synthesis Structurebased Design Natural Products Fragmentbased Approaches 83 Covalent Inhibitors H3 Biomedicine H3 Pipeline* TARGET INDICATION(S) SF3B1 (H3B-8800) Advanced Myeloid Malignancies FGFR4 (H3B-6527) FGF19-High HCC, CCA, CRC ESR1 ER+ BrCa SF3B1 / MCL1 MCL1-Amplified Cancers Target A MYD88-mutant DLBCL SF3B1 (Mutant Selective) Advanced Myeloid Malignancies SRSF2 (Mutant Selective) Advanced Myeloid Malignancies Target E Bladder Cancer Multiple Exploratory Programs Various genetically defined cancers TARGET VALIDATION LEAD OPTIMIZATION PRECLINICAL DEVELOPMENT IND / PHASE I CLINICAL 2017 *all projects are investigational 84 HIT TO LEAD H3 Biomedicine FGFR4: an attractive target in Hepatocellular Carcinoma (HCC) • Member of a family of highly conserved tyrosine kinase receptors • Involved in the regulation of bile acid synthesis as well as other metabolic processes • Signaling critically depends on Klotho-b (KLB) as a co-receptor • Ligand (FGF19) binding induces downstream signaling pathways, including MAPK, AKT and STAT-3 85 H3 Biomedicine H3B-6527* shows efficacy in HCC with activated FGF19/FGFR4 signaling Cancer Cell 3 Proliferation and Survival V e h ic le , P O , B ID 1500 H 3 B - 6 5 2 7 3 0 m g /k g , P O , B ID H 3 B - 6 5 2 7 1 0 0 m g /k g , P O , B ID M e a n + /- S E M H3B6527 FGFR4 Hyper activation H E P 3 B T u m o r v o lu m e ( m m ) FGF19 FGF19 FGF19 Autocrine/Paracrine H3B-6527 selectively inhibits FGFR4 leading to growth inhibition and cell death in FGF19 dependent cells and animal models H 3 B - 6 5 2 7 3 0 0 m g /k g , P O , B ID 1000 500 0 0 5 10 15 D a y o f T r e a tm e n t 1 (internal data) *investigational 86 H3 Biomedicine H3B-6527* demonstrates efficacy superior to Sorafenib in HCC models HCC Tumor Expression and Copy Number of FGF19 Patient Tumor Samples V e h ic le , P O , B ID 7 S o r a fin ib 4 0 m g /k g , P O , Q D H 3 B -6 5 2 7 5 0 0 m g /k g , P O , B ID Model 1 3 3 L IX 0 1 2 T u m o r v o lu m e (m m ) 5 4 3 Model 3 Model 1 2000 1500 1000 500 0 0 5 10 1500 Model 2 1000 500 0 0 15 5 0 -1 Model 3 2000 1500 1000 500 0 0 -3 -2 -1 0 1 2 3 4 5 6 7 FGF19 Copy Number (Log2 Ratio) 8 3 3 1 L IX 0 0 6 T u m o r v o lu m e (m m ) 2 10 20 30 D a y s p o s t a d m in is t r a t io n 10 15 20 25 D a y s p o s t a d m in is t r a t io n D a y s p o s t a d m in is t r a tio n Model 4 40 Model 4 2000 1500 1000 500 0 0 10 20 30 D a y p o s t a d m in is tr a tio n (internal data) *investigational 87 L IX 1 0 8 T u m o r v o lu m e ( m m ) Model 2 L IX 0 6 6 T u m o r v o lu m e (m m ) FGF19 Expression (Log2 Ratio) 6 H3 Biomedicine H3B-6527*: profile summary • Potent and highly selective small molecule inhibitor of FGFR4 • Covalent mechanism of action results in irreversible inhibition of FGFR4 • Selective growth inhibition seen in FGF19 expressing cell lines in vitro • Inhibition of FGFR4 signaling observed in cell line and xenograft models • Tumor regressions in FGF19 expressing in-vivo xenograft models • Acceptable non-clinical DMPK profile for oral dosing • Acceptable non-clinical safety profile with all identified toxicities manageable and reversible *investigational 88 H3 Biomedicine H3B-6527*: clinical development • IND approved April 2016, FPFV Phase 1 in July 2016 • Phase I in advanced, unresectable HCC (with and without cirrhosis) and IHCC • Global Clinical Trial (US, Europe, Asia) • Clinical proof of concept in patients with high FGF19 expression • Aim for accelerated approval in 2nd line HCC • Additional opportunities: • HCC 1st line as monotherapy or in combination *investigational 89 H3 Biomedicine Spliceosomal mutations: A new class of Cancer genes SF3B1 (several across HEAT domain 4-8) U2AF1 (S34 or Q157) MDS (25%), CLL (10%), CMML (5%), AML (5%), Breast (2%), Uveal melanoma (20%) MDS (6%), AML (5%), CMML (8%), lung (3%), uterine and pancreatic cancer (~1%) ZRSR2 CMML (8%), MDS (6%), AML (1%) SRSF2 (P95 or P95-R102 indel) CMML (47%), MDS (15%), PMF (17%), AML/sAML (19%) 90 • Somatic mutations in the mRNA splicing machinery lead to aberrant splicing • Aberrant splicing induce key hallmarks of cancer, including blockage of differentiation and evasion of the immune system H3 Biomedicine Exploiting spliceosomal sickness as a therapeutic approach SF3B1/SRSF2/U2AF1 91 WT/WT Normal MUT/WT Malignancies -/WT Mild effects -/- Hematopoietic Failure and Cell Death MUT/Inhibitor Selective Cell Death H3 Biomedicine SF3B Modulator H3B-8800 H3B-8800* shows differential activity in models of malignancies with spliceosomal mutations K562 SF3B 1 2000 T u m o r V o lu m e 2000 1000 500 0 1500 1000 500 0 0 5 10 15 20 0 T im e ( D a y ) 5 10 15 20 T im e ( D a y ) • Inhibition of tumor growth observed only in SF3B1 mutant model • Activity seen in several additional xenograft models (internal data) *investigational 92 T u m o r V o lu m e 8 m g /k g P O , Q D (M e a n S E M ) 1500 K700E V e h ic le 3 T u m o r V o lu m e , m m 8 m g /k g P O , Q D (M e a n S E M ) K562 SF3B 1 V e h ic le 3 T u m o r V o lu m e , m m K 700K H3 Biomedicine H3B-8800*: profile summary • A potent and selective SF3B modulator • Dose-dependent pharmacodynamic modulation of RNA splicing and selective induction of apoptosis and anti-tumor activity in SF3B1MUT cells and xenografts • Active in xenograft and PDX models of SRSF2 mutant leukemia • Pharmacodynamic activity observed at tolerated doses • GLP toxicology studies predict favorable therapeutic index • Projected human half-life predicts compound suitable for QD dosing *investigational 93 H3 Biomedicine H3B-8800*: clinical development • IND approved April 2016, FPFV Phase I in July 2016 • Ph1 in advanced myeloid malignancies, with multiple expansion arms to probe activity in selected patients with MDS, CMML and AML • Global clinical trial (North America, Europe) • Potential Ph2 registrational trials in splice factor mutant-positive patients (assumes strong signal/good safety) with MDS – use hematological improvement as readout. • CMML might offer additional opportunity for accelerated approval • Other development opportunities exist sAML, CLL, NSCLC, Uveal Melanoma *investigational 94 H3 Biomedicine H3 Biomedicine Splicing Platform BIOINFORMATICS • Novel RNAseq pipelines • Aberrant splicing SPLICING CHEMISTRY • Small molecule splice modulators • DOS and Natural product chemistry SPLICING BIOLOGY • High through-put In vitro minigene and splicing assays • U2-snRNP complex component crystallography 95 H3 Biomedicine Combinatorial approach to Splice Modulation in Cancer “Omics” Characterization and Driver Splice Events Scaffold A Splice Modulators Scaffold B Indication 96 Scaffold C Indication H3 Biomedicine Indication Splice modulation can induce tumor specific immunity Splice Modulator Tumor Cell High Affinity Antigens NeoAntigen 97 Cell Death H3 Biomedicine Summary • Within 4.5 years of commencing scientific operations H3 has build an industry leading R&D engine at the interface of big molecular data and precision medicine • Focus on connecting cancer genomics and aberrant splicing to key hallmarks of cancer • 2 INDs (H3B-6527*, H3B-8800*) filed and approved, FPI expected in July • Additional projects are being advanced towards preclinical development and IND stage • First approval targeted for 2020 *investigational 98 H3 Biomedicine Delivering NextGen Targeted Immunotherapies Myeloid lineage targeting therapeutics to address unmet needs in immuno-oncology Eisai Scientific Day Nadeem Sarwar President, Eisai AiM Institute Andover innovative Medicines AiM Institute hhc mission statement Have the courage to innovate without borders and make evidence-based decisions to deliver solutions that address real patient needs 99 Our generation of drug discoverers have the tools needed to cure cancers 100 Unprecedented hope for cancer patients: but only small subset of patients currently benefit Immunotherapies & precision medicines provide most powerful arsenal ever available in fight against cancer Game changing scientific discoveries have driven unprecedented translational investments Genomics England*1 Cancer MoonShot Initiative*2 Parker Institute*3 Bloomberg-Kimmel Institute*4 ………. Considerable and unmet residual needs remains *1: Genomics England: A genome analysis project in the UK involving more than 100,000 people *2: Cancer MoonShot: A $ 1 billion national project in the US led by the Vice president Joe Biden aiming to make more cancer therapies available to more patients *3: Parker Institute for Cancer Immunotherapy in US: A collaboration between the country's leading immunologists and cancer centers, established by Sean Parker aiming for cancer cure *4: Bloomberg-Kimmel Institute: A new institute for cancer immunotherapy research established in John’s Hopkins University with support from Michael R. Bloomberg, Sydney Kimmel and others. 101 NextGen precision immunotherapeutics: Targeting the tumor microenvironment The tumor and its cellular environment are interdependent, with both defining the extent of: immune tolerance, growth, evolution Microenvironment Tumor 102 Novel immune-microenvironment clues from an old source: Aspirin, prostalandins and myeloid cells Aspirin may reduce risk of several cancers – MoA likely prostaglandin and myeloid cell driven Reduction in cancer incidence associated with aspirin in large-scale meta-analyses: Adapted from Rothwell et al. Several Esophageal: 30% Stomach: 30% Colorectal: 35% 11,000 participant RCT of cancer prevention Potent and specific modulation of EP receptors may provide novel therapeutic opportunity for targeting tumor immune microenvironment 103 Prostaglandin E2 (PGE2) signaling disrupts anti-tumor activity of immune cells Investigational E7046: First in Class EP4 Specific Antagonist Reverses of PGE2-mediated tumor promotion and immune suppression Macrophage EP2 PGE2 E7046 EP4 receptor T-cell Dendritic cell 104 E7046 clinical plan and status FY2015 101 Study: Monotherapy, RP2D FY2016 FY2017 FY2018 FY2019 FY2020 Ph-1 RP2D (Recommended Phase 2 Dose) RT/CRT comb. (Radiotherapy/ Chemoradiotherapy) Ph-1b comb. Ph-2 comb. CRT Regulatory Activities /Full Development Submission Phase I: Open-labeled multi-center study Selected cancers with high myeloid cell infiltration Collection of multiomic data, samples and FDG-PET Phase 1b/2 with CRT: Open labeled multi-center combination study PET tracer development currently ongoing Combination with pre-operative radiotherapy in locally advanced rectal cancer 105 Available immunotherapies provide unprecedented hope for subsets of oncology patients in whom such therapies work Immunosuppresive myeloid cell lineage in tumor microenvironment provide novel and complementary path to address unmet patient needs Our first in class EP4 receptor antagonist – E7046 – currently in clinical development provides a unique opportunity to test this hypothesis Integration of large-scale multi-omic and imaging data being employed to identify right target, right tumor, right patient & right dose for E7046 106 “Ricchi” and Innovation in Small Molecule Science to Target Cancer Microenvironment at Tsukuba Research Laboratories (TRL) Eisai Scientific Day Takashi Owa, Ph.D. Chief Medicine Creation Officer Oncology Business Group 107 Eribulin New Mechanisms of Action 1. Tubulin-based Antimitotic Effects 2. Complex Non-Mitotic Effects on Cancer Biology 1) Tumor Vasculature Remodeling 2) Reversal of Epithelial-Mesenchymal Transition (EMT) 3) Inhibition of Cancer Metastasis 4) Inhibition of Cancer Stem Cells Linked with Phenotypic Changes in Cancer Cells and Cancer Microenvironment Agoulnik et al., Dezso et al., Matsui et al., and McCracken et al., 2013 AACR Meeting; Yoshida et al., 2013 AACR-NCI-EORTC; Funahashi et al., 2014; Yoshida et al., Br J Cancer, 2014 108 After a Single Dose of Eribulin, Perfusion Becomes Uniform Across Tumor Core and Rim DCE-MRI of representative tumors in vehicle- or eribulin-treated nude rats with MX-1 human breast cancer xenografts (day 6) Well perfused Uniform perfusion, tumor shrinkage Poorly perfused, hypoxic area Vehicle Eribulin, 0.3 mg/kg Funahashi et al., 2014 109 Eribulin Reverses EMT in Tumors In Vivo MX-1 human breast cancer cells xenografts in vivo (single dose, 8 days, nude mice) Epithelial marker Mesenchymal markers 110 Yoshida et al., 2014 Eribulin Prevents Experimental Metastasis and Increases Survival in Mice Inject eribulin-treated or 5FUtreated surviving breast cancer cells into tail vein Number of lung nodules 111 Survival of mice Yoshida et al., 2014 Anti-Cancer Stem Cell Activity with Eribulin in the In Vivo Serial Transplantation Model of HSAEC RD Cells HSAEC RD: Human small airway epithelial cell infected with retroviral vectors expressing KRAS V12 (R) and CYCLIN-D1 (D) Control Tumor volume (mm3) HSAEC RD lung cancer xenograft Cell number Serial transplantation PTX Eribulin Day Control PTX QD5 20 mg/kg ERI Q4D3 1 mg/kg 112 ( N = 10 112 ) Presentation at AACR 2016 Shows Human Biology Evidence on Eribulin New MOAs • 52 patients with locally advanced or metastatic breast cancer treated with eribulin • Before/after biopsies from 10 patients • Correlated response rate (RR) with immunohistochemical evaluation: o TILS: PD-1, CD8, FOXP3 o Cancer cells: PD-L1, PD-L2 o EMT markers: E-cadherin, N-cadherin, vimentin, CA9 Conclusions • Statistically significant correlations between clinical RR and change in marker status for PD-L1 (p = 0.024) FOXP3 (p = 0.004) E-cadherin (p = 0.004) CA9 (p = 0.024) • Immune suppression markers (PD-L1, FOXP3) going negative correlated with Clinical RR Reversal of EMT (E-cadherin going up) • Loss of hypoxia (CA9 going down) correlated with clinical RR 113 Halichondrin Family Halichondria okadai Kadota 600 kg Cytotoxicity against B-16 melanoma cells IC50 (nM) Halichondrin B 12.5 mg C 7.2 mg Norhalichondrin A 35.0 mg B 4.2 mg C 2.4 mg Homohalichondrin A 17.2 mg B 3.1 mg C 2.1 mg • 0.083 0.31 4.6 0.23 0.089 - Isolation, structure determination and biological activity: Hirata, Uemura et al J. Am. Chem. Soc. 1985, 107, 4796; Pure Appl. Chem. 1986, 58, 701. • For isolation from different species of sponges, see: Pettit et al J. Med. Chem. 1991, 34, 3339; J. Org. Chem. 1993, 58, 2538. 114 Blunt, Munro et al Tetrahedron Lett. 1994, 35, 9435; J. Org. Chem. 1997, 62. 1868; Bioorg. Med. Chem. 2009, 17, 2199. Halichondrin B In Vitro Antiproliferative Profile Eribulin (NSC 707389) GI50 values from NCI-60 cell panel analysis https://dtp.cancer.gov/timeline/posters/Halichondrin.pdf 115 Halichondrin B (NSC 609395) Halichondrin B In Vivo Antitumor Profile LOX melanoma s.c. xenograft model in nude mice LOX melanoma bone marrow metastasis model in nude rats Halichondrin B Vinblastine Survival (%) Halichondrin B Vinblastine Vehicle Days The i.v. treatment schedules and doses were 20 mg/kg Q2D5 for halichondrin B (-□-) and homohalichondrin B (-◆-) given i.v. and 4 mg/kg Q7D2 i.v. for vinblastine (-◇-). Control animals (■-) were treated with saline at Q2D5 schedule. 116 Animals were injected intracardially with 1 x 106 LOX cells day 0 , and the i.p. treatments of halichondrin B (9 mg/kg, Q2D5) , vinblastine (1.8 mg/kg, Q7D2) and saline (Q2D5) were started on day 7. J Exp Ther Oncol. 1996;1(2):119-25 Lenvatinib Combination with Anti-PD-1 Therapy Scientific Rationale Lenvatinib reduces immune suppressive myeloid derived cells (TAM) and induce activated cytotoxic T cells (CD8 T-cell) , promoting antitumor activity of anti-PD-1 therapy. Kato et al., EORTC-NCI-AACR 2015 117 Lenvatinib Combination with Anti-PD-1 Therapy Lenvatinib reduces immune suppressive myeloid derived cells and induce activated cytotoxic T cells, promoting antitumor activity of anti-PD-1 therapy Immune suppressive tumor microenvironment Lenvatinib (VEGF blockade) Improved antitumor activity of anti-PD-1 therapy Monocyte Monocyte PD-L1 expressed on tumor cells activate PD-1 and suppressed CTL VEGF CSF TAM TGF-b Cancer Decrease Cancer MHC Antigen TCR TAM PD-L1 PD-1 CTL Immune Inhibitory Cytokine (TGF-b) TAM Down Immune Inhibitory Receptor (PD-1, Lag3) Down Immune Stimulatory cytokine(IL12) Treg TAM secretes TGF-b, which activates immune suppressive Treg and inhibits cytotoxic T cells. 118 Up MHC Antigen TCR Attack PD-1 Ab IFNg CTL Lenvatinib causes Immune stimulating tumor microenvironment Kato et al., EORTC-NCI-AACR 2015 Rayman et al. also reported the similar MOA for sunitinib with PD-1 blockade in the mouse RCC model (SITC 2015) Cancer Stemness Platform in TRL (1) AXL inhibitor Targeting Mesenchymal Cancer Cells & Tumor Vessel Formation AXL is a key regulator for mesenchymal cancer (stem-like) cells & tumor vessel formation. Endothelial cell (EC) Activation of AXL and concomitant epithelialmesenchymal transition (EMT) were reported in EGFR-mutant NSCLC with acquired resistance to erlotinib. Smooth muscle cell (SMC) Cancer cell Nat Genet., 44, 852 (2012) AXL was identified as a mesenchymal marker gene associated with innate anti-PD-1 resistance in melanoma patients. Cancer cell EMT Cell, 165, 35 (2016) EC migration, proliferation. and survival SMC migration, proliferation and survival A clinical sample of triple negative breast cancer after weekly paclitaxel treatment showed upregulation of AXL expression. Autocrine/paracrine AXL/Gas6 signaling AXL/Gas6 signaling was shown to accelerate the formation of pericyte covered tumor vessels resistant to anti-VEGF therapies. 119 AXL IHC staining Cancer Res., 65, 9294 (2005) Cancer Stemness Platform in TRL (2) ALDH (Aldehyde Dehydrogenase) Inhibitor Targeting Cancer Stemness ALDH consists of 19 isoforms • • • • ALDH1A1, ALDH1A2, ALDH1A3, ALDH1B1, ALDH1L1, ALDH1L2 ALDH2 ALDH3A1, ALDH3A2, ALDH3B1, ALDH3B2 ALDH4A1, ALDH5A1, ALDH6A1, ALDH7A1, ALDH8A1, ALDH9A1, ALDH16A1, ALDH18A1 Stemness markers 1. High ALDH expression in variety of cancers 2. Upregulation of ALDH expression after chemotherapy 3. Positive correlation between ALDH expression and tumor grade relevant to poor prognosis • Kaplan–Meier curves among ALDH1(-) and ALDH1(+) patients with all breast cancer subtypes showed a statistically significant correlation between ALDH(+) status and shorter disease-free survival (DFS)/overall survival (OS): Breast Cancer Res Treat., 156, 261 (2016). 4. ALDH knock-down led to suppression of cancer stem-like properties in vitro and tumor growth in vivo. In vivo H358 s.c. model In vitro 120 Oncology “Ricchi” and Innovation to Provide Cure with Particular Focus on Cancer Genomics and Cancer Microenvironment TRL Platform Eribulin/Cancer Stemness Mesenchymal cancer cells EMT*1 MET*2 Epithelial cancer cells Cytotoxics 1st generation RTKIs*3 H3B Platform Cancer genomics Splicing TRL Platform Lenvatinib Endothelial cells Angiogenesis inhibitors 121 Cancer stem cells AIM Institute Platform Prostaglandin receptors Myeloid cells TRL Platform Lenvatinib/Eribulin Lymphoid cells Immune checkpoint inhibitors MOR Platform Anti-TEM-1 Ab Mesenchymal stromal cells (Fibroblasts, etc.) *1 Epithelial-Mesenchymal Transition *2 Mesenchymal-Epithelial Transition *3 Receptor tyrosine kinase inhibitors Key Global Assets Eribulin and Lenvatinib: Toward Establishing New Treatment Paradigms Eisai Scientific Day Alton B. Kremer MD, PhD Chief Clinical Officer Chief Medical Officer 122 Mechanism of Action of Lenvatinib VEGFR FGFR Lenvatinib RAS PI3K RAF AKT MEK mTOR T202/Y204 P ERK1/2 P P T389 S6K T421/S424 S235/S236 P S6 Angiogenesis 123 Adapted from Stjepanovic N, Capdevila J. Biologics: Targets and Therapy. 2014:8;129-139; Eisai data on file. Proposed Mechanism of Interaction Between Lenvatinib and Everolimus VEGFR FGFR Lenvatinib RAS PI3K RAF AKT MEK mTOR T202/Y204 Everolimus P ERK1/2 P P T389 S6K T421/S424 S235/S236 P S6 Angiogenesis 124 Adapted from Stjepanovic N, Capdevila J. Biologics: Targets and Therapy. 2014:8;129-139; Eisai data on file. Laboratory Rationale for the Combination of Lenvatinib with Everolimus Complementary activities of lenvatinib plus everolimus Enhancement of the inhibitory activity against VEGF-induced angiogenesis by the combination of lenvatinib with everolimus Synergistic enhancement of the inhibitory activity against FGF-induced angiogenesis by the combination Combination of potent antiangiogenic activity as well as direct antitumor activity by the combination Dual targeting of the mTOR-S6K-S6 pathway by the combination Source: Module 2.6.2, Discussion and Conclusion 125 Phase II Study in Renal Cell Carcinoma (RCC) (Study 205, NCT01136733) Global, randomized, open-label, phase II trial Key eligibility criteria • Advanced or metastatic RCC • Measurable disease • Progression on or within 9 months from prior treatment • Progression on/after 1 prior VEGF-targeted therapy • Eastern Cooperative Oncology Group Performance Status (ECOGPS) ≤ 1 Lenvatinib, 18 mg + Everolimus, 5 mg R A N D O M I Z E *Based on investigator review and RECIST v1.1 • Lenvatinib 24 mg PO qd n = 52 LEN/EVE vs EVE LEN vs EVE Selected secondary endpoints • Progression-free Survival LEN/EVE vs LEN • • Everolimus 10 mg PO qd n = 50 1:1:1 126 Both PO once daily n = 51 Primary endpoints • Progression-free Survival* Treatment until disease progression or unacceptable toxicity • • Objective Response Rate Overall Survival Safety and tolerability Kaplan-Meier Plot of Progression-Free Survival (Investigator Assessment – Study 205) 1.0 +EVE +LEN+EVE Progression-Free Survival (n = 51) PFS, months, median (95% CI) 0.8 14.6 (5.9-20.1) HR vs everolimus 95% CI 0.6 + (n = 50) 5.5 (3.5-7.1) 0.40 (0.24-0.68) + 0.4 0.2 0.0 0 3 6 9 12 15 18 21 24 10 3 5 1 1 0 0 0 Time (months) Number at risk: Lenvatinib/Everolimus Everolimus 51 50 41 29 27 15 23 11 16 7 After post-hoc multiplicity adjustment with the Bonferroni method, the adjusted P value for lenvatinib/everolimus compared with single agent everolimus was P = 0.0011* United States Package Insert. 127 *Internal data Efficacy Results in Renal Cell Carcinoma (Investigator Assessment – Study 205) Lenvatinib 18 mg + Everolimus 5 mg (n=51) Everolimus 10 mg Median PFS in months (95% CI) 14.6 (5.9, 20.1) 5.5 (3.5, 7.1) Hazard Ratio (95% CI)b Lenvatinib + Everolimus vs Everolimus 0.37 (0.22, 0.62) − Median OS in months (95% CI) 25.5 (16.4, 32.1) 15.4 (11.8, 20.6) Hazard Ratio (95% CI)b Lenvatinib + Everolimus vs Everolimus 0.67 (0.42, 1.08) − Objective response rate, n (%) 19 (37) 3 (6) (95% CI) (24, 52) (1, 17) (n=50) Progression-Free Survival (PFS)a Overall Survivalc Objective Response Rate (Confirmed) 128 Tumor assessments were based on RECIST v1.1 criteria for progression but only confirmed responses are included for ORR. Data cutoff date = 13 Jun 2014 CI = confidence interval a. Point estimates are based on Kaplan-Meier method and 95% CIs are based on the Greenwood formula using log-log transformation. b. Hazard ratio is based on a stratified Cox regression model including treatment as a covariate factor and hemoglobin and corrected serum calcium as strata. c. Data cutoff date = 31 Jul 2015 FDA Approval On May 13, the U.S. Food and Drug Administration (FDA) approved lenvatinib capsules (18 mg) in combination with everolimus (5 mg) for the treatment of patients with advanced renal cell carcinoma (aRCC) who were previously treated with an anti-angiogenic therapy, which is a standard of care for this disease. This was a Priority Review following Breakthrough Therapy Designation The first and only FDA-approved combination of a multiple receptor tyrosine kinase inhibitor (lenvatinib) and an mTOR inhibitor (everolimus) for the treatment of advanced RCC 129 Phase III Study in Renal Cell Carcinoma (RCC) Study 307, to open Sept 2016 Global, randomized, open-label, phase III trial Key eligibility criteria • Age ≥18 years • Advanced RCC with a clear-cell component and histologic / cytologic confirmation • No prior systemic anticancer therapy for RCC • Karnofsky Performance Score ≥70 Stratification factors: • Geography (Western Europe and North America, Rest of World) • MSCKK prognostic group (Low, Intermediate, High) 130 Lenvatinib 18 mg orally once daily R A N D O M I Z E + Everolimus 5 mg orally once daily • Lenvatinib 20 mg orally once daily + Pembrolizumab 200 mg IV every 3 weeks • Sunitinib 50 mg orally once daily 4 weeks on / 2 weeks off 1:1:1 n = ~735 Treatment until disease progression or unacceptable toxicity Primary endpoints • PFS (independent imaging review using RECIST 1.1) Secondary endpoints • ORR • OS • Safety and tolerability Selected exploratory endpoints • HRQoL • DOR • PK/PD • Biomarkers First Line RCC Study 307: Key Target Dates Study Open September 2016 Database lock December 2019 Topline results 4Q FY2019 131 Phase III Study in Investigational Hepatocellular Carcinoma (HCC) (Study 304, NCT01761266) Key eligibility criteria (N = 940) • Confirmed unresectable HCC • Measurable disease by mRECIST • Barcelona Clinic Liver Cancer Stage B or C • Child-Pugh score A • ECOG PS:0 or 1 • No prior anticancer agents Stratification • Geographic Region • Macroscopic portal vein invasion or extrahepatic spread or both (No/Yes) • ECOG (0/1) • Body weight (< 60 kg/ ≥ 60 kg) R A N D O M I Z E Lenvatinib 12 or 8 mg daily PO (based on body weight) Sorafenib 400 mg daily PO BID 1:1 Treatment until disease progression (mRECIST) 132 Primary endpoint • Overall Survival Selected secondary endpoints • Progression-free Survival • Time to Progression • Objective Response Rate • Safety and tolerability • PK parameters • Quality of life Phase Ib/II Study of Lenvatinib + Pembrolizumab in Selected Solid Tumors (Study 111, NCT02501096) Phase Ib Phase II (opened 31 Jan 2016) Renal Cell (20)* Cohort Lenvatinib Pembrolizumab 1A 2A 3A 24 mg 20 mg 14 mg 200 mg 200 mg 200 mg Same tumor types as Phase 2 n = 10 – 30 subjects (13 subjects actual) Lenvatinib Melanoma (7) 20 mg QD (RP2D) + Pembrolizumab Urothelial (6) 200 mg Q3W (21-day cycle) n = 60-120 NSCLC (1) Endometrial (20) SCCHN (5) 133 * Number Of Subjects Enrolled As Of 23 June 2016 Study in planning: Phase Ib Study of Lenvatinib + Pembrolizumab in Hepatocellular Carcinoma (Study 116) DLT evaluation part • N=6-10 • Starting dose of lenvatinib: 12mg QD (BW ≥ 60 kg) /8 mg QD (BW < 60 kg) • Dose of pembrolizumab: 200mg /Q3W • BCLC: Stage B or C • Child-Pugh A • ECOG PS: 0-1 134 Primary endpoints • MTD & RP2D for combination of lenvatinib + pembrolizumab Expansion part • No prior systemic therapy • N=20 (10 in Japan /10 in US) Selected secondary endpoints • Safety and tolerability • Efficacy: ORR/ PFS/ OS/ Duration of response (Tumor assessments to be performed using irRECIST) • Pharmacokinetics • Blood / tumor biomarkers Phase Ib/II Study of Eribulin + Pembrolizumab in Metastatic Triple-Negative Breast Cancer (Study 218, NCT02513472) Key eligibility criteria • Aged 18 years or greater • 0-2 prior lines of chemotherapy for metastatic disease • Measurable disease • ECOG PS:0 or 1 • Adequate bone marrow, renal, and hepatic function Primary endpoints • Dose-limiting Toxicities • Objective Response Rate Eribulin 1.4 mg/m2 on Days 1, 8 + Pembrolizumab 200 mg on Day 1 (21-day cycle) n = approximately 95 Current enrollment: 85 patients* 135 * Number Of Subjects Enrolled As Of 23 June 2016 Selected secondary endpoints • Progression-free Survival • Overall Survival • Duration of Response • Outcomes in the PD-L1–positive subgroup • Safety and Tolerability Current Status of Combinations with PD-1 • Lenvatinib (Study 111) – Preliminary data to be presented at major conference – Further studies based on cohort data as they accumulate – Phase 3 RCC study already planned (Study 307) • Eribulin (Study 218) – Preliminary data to be presented at major conference – Cohorts for patients with urological malignancies to be added • Total 52 patients • Cohorts: a) ineligible for cis-platinum; b)following cis-platinum • Will open October 2016 136 Summary Lenvatinib has obtained a second line RCC indication in combination with everolimus in the U.S. We will initiate a phase 3 study in first line RCC in September studying lenvatinib in combination with everolimus and in combination with pembrolizumab We expect the results of the phase 3 study of lenvatinib in HCC by the end of 2016 Combination studies with pembrolizumab are ongoing with both lenvatinib and eribulin across 8 different tumors 137 Cancer Microenvironment Cancer Gene Dependence and Aberrant Splicing Endothelial cells Flagship Programs in Oncology 138 Lenvatinib*1 H3B-6527 FGFR4 Inhibitor H3B-8800 Splice Modulator E7046 EP4 Inhibitor Eribulin*1,2 Global, randomized, open-label, Ph 3 study for RCC 1st line is planned to start in September 2016 in combination with pembrolizumab or everolimus. Global submission for HCC 1st line is planned within FY16. Combination therapy with pembrolizumab: Ph 1b/2 study is ongoing for Lung, melanoma, head and neck, bladder, renal and endometrial cancer. Launch target: FY2017 for HCC IND approved April 2016, FPFV for Ph 1 study in July 2016 Phase I in advanced, unresectable HCC (with and without cirrhosis) and IHCC (Intra Hepatic Cholangiocarcinoma) Clinical proof of concept is planned in patients with high FGF19 expression IND approved April 2016, FPFV for Ph 1 study in July 2016 Ph1 in advanced myeloid malignancies, with multiple expansion arms to probe activity in selected patients with MDS, CMML and AML. Potential Ph2 registrational trials in splice factor mutant-positive patients with MDS. Launch target: FY2020 Multi-center Ph 1study is ongoing to determine recommended Ph 2 dose. Open-label multi-center Ph 1b/2 study is planned to start in the 2nd half of FY16, a combination study with pre-operative radiotherapy in locally advanced rectal cancer. Combination therapy with pembrolizumab: Ph 1b/2 study is ongoing for Triplenegative breast cancer. Combination therapy with PEGPH20: Phase Ib/II study site initiation in 1Q FY16. Investigating the potential to treat HER2-negative breast cancer. All the compounds shown in this slide are investigational. *1: Collaboration with Merck for the Ph 1b/2 combination study with Pembrolizumab. *2: Collaboration with Halozyme Therapeutics, Inc for the combination with PEGPH20. Launch target: Beyond FY2020 Eisai Scientific Day Closing Remarks Haruo Naito, KBE CEO 139 TO THE LARGEST UNMET MEDICAL NEEDS OF THE GLOBE “AD/DEMENTIA”, WE WILL PROVIDE A VARIETY OF PREEMPTIVE OPPORTUNITIES BY USING DIFFERENT MOA AGENTS UTILIZING OUR WORLD-CLASS SMALL MOLECULE SCIENCE, AND FOCUSING ON “CANCER MICROENVIRONMENT” AND “ONCOGENOMICS”, WE WILL AIM CURE OF CANCERS 140