UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
January 9, 2017
Date of Report (Date of earliest event reported)
ATYR PHARMA, INC.
(Exact name of registrant as specified in its charter)
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Delaware |
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001-37378 |
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20-3435077 |
(State or other jurisdiction of incorporation) |
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(Commission File Number) |
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(IRS Employer Identification No.)
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3545 John Hopkins Court, Suite #250 San Diego, California 92121
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(Address of principal executive offices, including zip code)
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(858) 731-8389
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
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Item 7.01 Regulation FD Disclosure.
aTyr Pharma, Inc. (the “Company”) intends to use an investor presentation to conduct meetings with investors, stockholders and analysts and at investor conferences, and which the Company intends to place on its website. A copy of the presentation materials is attached hereto as Exhibit 99.1. The Company does not undertake to update the presentation materials.
The information under this Item 7.01, including Exhibit 99.1, is being furnished and shall not be deemed “filed” for the purposes of Section 18 of the Securities and Exchange Act of 1934, as amended, or the Exchange Act, or otherwise subject to the liabilities of that section, nor shall they be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.
Item 9.01 Exhibits.
(d) Exhibits
Exhibit No. |
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Description |
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99.1 |
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Corporate Presentation Materials of aTyr Pharma, Inc. dated January 2017 |
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Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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ATYR PHARMA, INC. |
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By: |
/s/ John D. Mendlein |
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John D. Mendlein, Ph.D. |
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Chief Executive Officer |
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Date: January 9, 2017 |
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Exhibit No. |
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Description |
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99.1 |
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Corporate Presentation Materials of aTyr Pharma, Inc. dated January 2017 |
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Advancing New Therapeutic Horizons Harnessing Novel Physiocrine Biology To Promote Homeostasis Corporate Presentation January 2017 NASDAQ: LIFE Exhibit 99.1
Forward-Looking Statements The following slides and any accompanying oral presentation contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. The use of words such as “may,” “might,” “will,” “should,” “expect,” “plan,” “anticipate,” “believe,” “estimate,” “project,” “intend,” “future,” “potential,” “opportunity,” or “continue,” and other similar expressions are intended to identify forward-looking statements. For example, all statements we make regarding the potential therapeutic benefits of Physiocrines and our product candidates, including Resolaris™ and Stalaris™, the ability to successfully advance our pipeline or product candidates, the timing within which we expect to initiate, receive and report data from, and complete our planned clinical trials, and our ability to receive regulatory approvals for, and commercialize, our product candidates, our ability to identify and discover additional product candidates, our projected cash expenditures, and the ability of our intellectual property portfolio to provide protection are forward-looking statements. All forward-looking statements are based on estimates and assumptions by our management that, although we believe to be reasonable, are inherently uncertain. All forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those that we expected. These risks, uncertainties and other factors are more fully described in our filings with the U.S. Securities and Exchange Commission, including our most recent Quarterly Report on Form 10-Q, Annual Report on Form 10-K and in our other filings. The forward-looking statements in this presentation speak only as of the date of this presentation and neither we nor any other person assume responsibility for the accuracy and completeness of any forward-looking statement. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law. We own various U.S. federal trademark applications and unregistered trademarks, including our company name and Resolaris™. All other trademarks or trade names referred to in this presentation are the property of their respective owners. Solely for convenience, the trademarks and trade names in this presentation are referred to without the symbols ® and ™, but such references should not be construed as any indicator that their respective owners will not assert, to the fullest extent under applicable law, their rights thereto.
$76M estimated cash 2016 EOY* $51M market capitalization 2016 EOY Pursuing partnership(s) for one or more programs to accelerate clinical and preclinical pipeline Pioneers of new therapeutic intervention points in homeostasis - The World of Physiocrines LIFE Value Proposition LIFE’s Opportunities Closing in on a 3rd Physiocrine-based opportunity as a 2017 IND candidate Favorable safety profile and potential clinical activity from 1st Physiocrine program, Resolaris, in 2 rare myopathies Advancing 2nd Physiocrine program, Stalaris, into human trials this year Partnership Opportunities *Estimated cash, cash equivalents, and investments provided pending completion of year-end financial close and external audit
The Power of Physiocrines Orchestrating Homeostasis New Class of Proteins from Alternative Splicing of Ancient Genes
Nature 2015 Science 2014 Nature 2013 Nature 2010 Science 1999 Orchestrating Homeostatic Pathways for Novel Therapies Discovery of potential therapeutic intervention points Tapping an Ancient Source of Power Physiocrines may promote homeostasis and provide for novel therapeutic intervention points for better efficacy and safety Promote Homeostasis to combat disease Disease disrupts Homeostasis regardless of etiology 2015 value of therapeutic intervention points: >$25B global sales for TNF antagonists >$27B global insulin agonist market
Evidence for Homeostatic Role of a Physiocrine in Humans Disrupting the Resokine Pathway Promotes Muscle and Lung Disease Auto-antibodies Homeostasis Imbalance Immune cell invasion/activity Resokine Pathway Diseased Muscle Diseased Lung Healthy muscle Healthy lung 100% (18 of 18) anti-synthetase syndrome patients tested positive for antibodies for Resokine proteins
Free Resokine Pathway in Anti-Synthetase Patients Diminished Unpublished data from aTyr and collaborator Statistics: Mann-Whitney test Resokine Pathway in Humans 69% at or below limit of detection
Agonists of the Resokine Pathway in Immune Driven Models Balancing the immune response to tissue insults In vivo administration of Resokine proteins to animal models of T cell driven disease states. Cell type indicates type of cells involved but may not be limited to these cells. Resokine Pathway Immune Targets Disease Model Resokine Homeostatic Effect Skeletal Muscle Statin Induced Myopathy CD4/CD8 & macrophages Lung Bleomycin Induced Lung Fibrosis Th17/CD4 Colon TNBS Induced Colitis Th17/CD4 Skin IL23 Induced Psoriasis Th17/CD4
Resokine: 1st Physiocrine Pathway Harnessed “Resolution of immune activity” Muscle Resokine pathway relates to a secreted 57kD protein from skeletal muscle (full length HARS*) Lung Resokine pathway relates to a 7kD protein (the iMod domain, a splice variant of HARS) MOA Involved in muscle differentiation Tempers activated T cell response MOA Lung expression >> skeletal muscle Tempers activated T cell response Splice Variant Expression Data for iMod in Tissues *HARS or histidine aminoacyl tRNA synthetase is a single gene responsible for a series of Physiocrine proteins Resokine iMod Domain Resokine (Western Blot) Resokine Pathway
Resolaris Harnessing the Resokine Pathway to Treat Multiple Rare Muscle Diseases
Rare Myopathies with an Immune Component (RMIC) Chronic damage, homeostasis disrupted Genetic Mutation Multiple proteins Dysferlin proteins Dystrophin proteins FSHD LGMD2B DMD Aberrant Protein Expression Localized T Cell Invasion/Proliferation Potential to link genotype to specific T cell phenotype FSHD LGMD2B DMD Untapped therapeutic intervention point Frisullo et al., J. Clin. Immunol., 2011. Gallardo et al. Neurology, 2001. Flanigan et al. Human Gene Therapy, 2013. FSHD = Facioscapulohumeral Muscular Dystrophy (FSHD). LGMD2B = Limb Girdle Muscular Dystrophy 2B. DMD = Duchenne Muscular Dystrophy. Shared Pathophysiology
Resolaris Tempers Activated T cells Demonstrated effect as an immuno-modulator In Vitro T Cell Modulation Anti-CD3/CD28 Stimulation + Vehicle T cell Activation Marker CD4+ T cell count Anti-CD3/CD28 Stimulation + Resolaris T cell Activation Marker CD4+ T cell count Resolaris appears to work on activated T cells Resolaris 100pM On the Left: Gated on CD4+ T cells. Resolaris at 100 pM. 24 hours stimulation with anti-CD3/CD28 Abs. On the Right: T cells were stimulated with anti-CD3/CD28 antibodies in the presence of vehicle or Resolaris . After 24 h, supernatants were collected and analyzed by ELISA, Statistics by T test
First Physiocrine For Patients: Resolaris Skeletal muscle secretes Resokine Resokine, an agonist, plays a role in homeostasis & T cell responses in muscle Recombinant version of Resokine Demonstrated favorable safety profile and potential clinical activity in two rare myopathy indications Therapeutic potential for rare myopathies with an immune component (RMIC), over 20 potential indications Strategy: Establish broad utility across multiple indications Resolaris Program Derived from a naturally occurring protein, the histidine aminoacyl tRNA synthetase (HARS)
Few Treatment Options: FSHD, LGMD2B, & DMD DMD LGMD2B Genetics Immune Pathology Clinical Standard of Care Disease Progression Toxic gain of function (DUX4 region) Immune infiltration1 by activated T cells (CD8+) Loss of function mutations (Dysferlin gene) Immune infiltrates2 of CD4+, CD8+ and macrophages Debilitating, progressive skeletal muscle weakness Pain, fatigue, difficulty moving limbs, may have respiratory distress No therapeutic treatments, only supportive care provided Heterogeneous by muscle Homogeneous by muscle group 1Frisullo et al. J Clin Immunol (2011) 31:155–166 2Gallardo et al. Neurology 2001;57:2136–2138; Yin et al. Int J Clin Exp Pathol 2015;8(3):3069-3075 3Flanigan et al. Human Gene Therapy, 2013. Yin et al. Int J Clin Exp Pathol 2015. FSHD Loss of function mutations (Dystrophin gene) Immune infiltrates3 of CD4+, CD8+ Homogeneous, steeper slope, by muscle groups Steroids and recently approved exon specific drugs Similar clinical symptoms to FSHD and LGMD2B, with potential severe cardiac weakness and effects, and higher morbidity Patients Unmet Need
RMIC Disease Progression Case History (LGMD2B) Difficulty rising from a chair, raising hands above head Uses a cane and leg braces Walks normally, active childhood Abnormal gait Knees locked Difficulty climbing stairs and running Age <15 16 – 18 19 – 27 28 - 34 1https://www.youtube.com/watch?v=JLqHis1yPUI 2http://mwtn2013blisswelch.blogspot.com/ Unable to turn over in a bed or raise hands above head Uses service dog for daily activities Slight improvement when steroids stopped Unable to rise from a chair Requires assistance in daily living LGMD2B Diagnosis Misdiagnosed w/ polymyositis Part time wheelchair-bound First symptoms Full dependency due to severe physical disability Full time wheelchair-bound Patients Unmet Need
LGMD Patients Manual Muscle Strength Progressively Declines Treatment with Deflazacort was for 6 months in each arm. Single site, placebo controlled, cross over design (n=25) Manual muscle strength assessed bilaterally by the modified Medical Research Council Scales (MRC) CIDD (Clinical Investigation of Duchenne Dystrophy) score, graded from 0 (worst) to 10 (best) Run in Phase I Washout Phase 2 Deflazacort Deflazacort Walter et al, Orphanet Journal of Rare Diseases, 2013 Placebo Placebo Natural History of Disease
Resolaris Phase 1b/2 Clinical Trials Trial Indication(s) Patients Highest Dose Design 002 Adult FSHD 3 dose cohorts (n=20 Total) 3.0 mg/kg Weekly (12 weeks) Placebo controlled, Double blinded; Interpatient Dose Escalation up to 12 weeks 003 Early onset FSHD Stage 1 (n=8) 3.0 mg/kg Weekly (6 weeks) Open-label, Intrapatient Dose Escalation for 12 weeks 004 Adult LGMD2B, Adult FSHD LGMD2B (n=10) FSHD (n=8) 3.0 mg/kg Biweekly (4 weeks) Open-label, Intrapatient Dose Escalation for 12 weeks Evaluate Safety and Tolerability Build safety dossier for Resolaris Multiple indications, different dosing regimens, longer duration Evaluate Potential Activity Assessments* Functional / Strength: MMT Patient Reported Outcomes: INQoL MRI / Biomarkers assessments Resolaris Program Objectives *MMT = Manual Muscle Testing, a validated assessment tool that measures muscle function/strength INQoL = Individualized Neuromuscular Quality of Life, a patient reported outcome measure designed specifically for neuromuscular disease
Relatively Stable or Improved Muscle Function Observed Change from baseline overall MMT scores at week 14 *Early onset FSHD (003) Trial represents interim data results (4 patients of a total of 8) **One patient in 004 Trial did not have an MMT measurement due to being wheelchair bound at baseline 50% to 78% of patients in Resolaris dose groups had increased MMT scores No placebo patients had increased MMT scores n = 4 n = 2 n = 4 n = 9** n = 4* Overall Mean MMT Change Week 14 by Dose Group FSHD & LGMD2B Patients From 002, 003, 004 Trials Mean Change from baseline (%) Decrease Muscle Function Increase Muscle Function n = 6 004 FSHD 3.0 mg/kg 004 LGMD* 3.0 mg/kg 002 FSHD 3.0 mg/kg 004 FSHD 1.0 mg/kg 003 E.O.FSHD 3.0 mg/kg Placebo-controlled Open-label Open-label Open-label 002 FSHD Placebo Open-label 3.0 mg/kg weekly identified as an active dose Resolaris Program Manual Muscle Testing (MMT): A measure of muscle function/strength
Patients Reported Relatively Stable or Decreased Disease Burden Change from baseline overall INQoL scores at week 14 *Early onset FSHD (003) Trial represents interim data results (4 patients of a total of 8) One patient in 003 Trial did not have an INQoL measurement taken at baseline 004 FSHD 3.0 mg/kg 004 LGMD* 3.0 mg/kg 002 FSHD 3.0 mg/kg 002 FSHD Placebo 003 E.O.FSHD 3.0 mg/kg n = 2 n = 3* n = 10 n = 4 n = 6 Placebo-controlled Overall Mean INQoL Change Week 14 by Dose Group FSHD & LGMD2B Patients From 002, 003, 004 Trials Increased Disease Burden Decrease d Disease Burden Open-label Open-label Open-label Mean Change from baseline (%) n = 4 004 FSHD 1.0 mg/kg Open-label Resolaris Program 50% to 83% of patients in Resolaris dose groups had stable or decreased disease burden No placebo patients decreased their disease burden 3.0 mg/kg weekly identified as an active dose INQoL: A patient reported outcome measuring level of disease burden
No clinical symptoms observed with low-level anti-drug antibody assay signals and protocol discontinuations were primarily driven by transient infusion related reactions (IRR) Robust Safety & Tolerability Dossier 44 patients have received Resolaris for a total drug exposure of 149 patient months No observed immuno-suppressive effects: consistent with a homeostatic pathway Resolaris demonstrated a favorable safety profile and was generally well-tolerated across all doses tested in multiple myopathies, various age-groups, and with long-term exposure No Serious Adverse Events (SAE) were reported by study investigators and the Adverse Events (AE) reported were mild-to-moderate FDA lifted partial clinical hold for dosing above 3.0 mg/kg Going Forward: Target Product Profile (Discontinuation Rate ≤ 10%) Potential to pre-medicate patients Potentially relax cut-off criteria for discontinuations Resolaris Program
Second Half First Half Resolaris Status and 2017 Development Goals Clinical Results: Early Onset FSHD Patients (003) Clinical Trial: Kick off next trial post partnership* Regulatory: Advance interactions with regulatory agencies Biomarker/MOA: Introduce Mechanistic/PD Assay Established a favorable safety profile and identified an active dose Signals of clinical activity across (1) LGMD2B (2) FSHD and (3) Early onset FSHD Commercial scale manufacturing poised for future trials Clinical Status 2017 Development Goals *Partner for one or more programs Resolaris Program
Resolaris: One Product, Multiple RMICs Promise for severely afflicted myopathy patients FSHD: Average prevalence rates of FSHD are approximately 1/17,000. Applying this rate to the US population based on recent census data equals approximately 19,000. LGMD: 16,000 cases estimated in US population. 1/20,000 Wickland and Kissel, Neural. Clin. 20`14. Relative Prevalence of Limb Girdle Muscular Dystrophies in the United States Population. Wicklund et al., Neurology 2013. DMD: Prevalence of approximately 5/100,000. Orphanet Report Series - Prevalence of rare diseases: Bibliographic data - May 2014 - Number 1 Infantile onset FSHD Severe FSHD LGMD 2I LGMD 2B LGMD 2A Other LGMD Exon 8 Exon 55 Exon 50 Exon 52 Exon 44 Exon 45 Exon 53 Exon 51 Other Exons 19,000 US FSHD 16,000 US LGMD 16,000 US DMD Resolaris Exon skipping requires individual molecules for each mutation set Market Opportunities Resolaris has broad potential across multiple rare myopathies Patients
Stalaris Lung Physiocrine Engineered to Treat Multiple Pulmonary Diseases
Adapted from: Thannickal VJ, et al. Ann Rev Med. 2004;55:395-417 (and) 2013 ATS Statement: Update of the International Multidisciplinary Classification of the Idiopathic Interstitial Pneumonias *IPF = Idiopathic Pulmonary Fibrosis Interstitial Lung Disease Opportunity Driven by a combination of immunological and fibrotic pathways Fibrosis Immune Component NSIP UIP Patients Unmet Need Over 100 different specific disease types Interstitial Lung Disease (ILD) Steroids and immuno-suppressants Approved therapies for IPF*: Pirfenidone & Nintedanib Standard of Care Pathology Pattern of Disease Pattern of disease, e.g. usual interstitial pneumonia (UIP) vs. non-specific interstitial pneumonia (NSIP), to determine diagnosis/prognosis Prognosis Poor prognosis for these patients e.g. 2-3 year median survival for IPF
Stalaris Program: Opportunity for Lung Patients Leverages Knowledge of Resokine Pathway in Lung Stalaris Program iMod domain Fc Domain of an antibody Engineered Physiocrine Stalaris iMod domain: Resokine splice variant relatively more expressed in lung than other tissues Fc Domain: increased exposure to potentially enable once-monthly dosing in humans Engineered result: Stalaris ~350x increased exposure vs. iMod; while retaining T cell modulation activity 1st molecule from internal Fc platform Potential Therapeutic Applications: Rare pulmonary diseases with an immune component (RPICs) Broader reach into RPICs and interstitial lung disease (ILD) indications Stalaris from Greek, statera for balance
Discovery of the iMod Domain Promotes Survival more than Steroids Rodent survival model of severe immune cell activity induced by administration of trinitrobenzene sulfonic acid (TNBS) --- Untreated --- TNBS + iMod 1mg/kg daily dosing --- TNBS + Budesonide 5mg/kg daily dosing --- TNBS + PBS iMod promoted longer survival (p < 0.01) than vehicle or Budesonide ** p-value <0.01 by Log rank test Rodent Survival Model of Severe Immune Cell Activity Stalaris Program
iMod Domain in Lung Splice Variant Express Data for iMod in Lung Splice variant for the iMod domain is relatively more expressed in lung than other tissues iMod Transcript Stalaris Program
Knockout of Resokine Pathway Increases T Cell Invasion Post Disease Induction Rodent functional knockout inducing idiopathic pulmonary disease using Bleomycin T cell Invasion Impairment of lung function Stalaris Program * p < .05 Mouse Resokine vaccine Mouse iMod vaccine Naïve Sharm vaccine
Stalaris Tempers Activated T Cells at High Affinity Stalaris Program Stalaris inhibits Th2 type cytokines from activated T cells Th2 cytokines play a role in promoting fibrosis in certain interstitial lung diseases Vehicle or Stalaris IL – 13 (pg/ml) Stalaris 10 pM to 10 nM Th2 Cytokine (pg/ml) *** p < .001; ** p <.01; * p < .05
Stalaris Program Stalaris Outperforms Current Treatments Established Rodent Model for Idiopathic Pulmonary Fibrosis (IPF) *The Ashcroft scale for the evaluation of bleomycin-induced lung fibrosis is the analysis of stained histological samples by visual assessment Improvement in Ashcroft Score (%)* TGF β Ab 3mg/kg IP QOD D0-D 21 Pirfenidone 100 mg/kg PO BID D8-D 21 Stalaris 0.4 mg/kg IV mg/kg D8, D15 33 Total drug amt (mg/kg) 2,800 0.8 Stalaris outperformed pirfenidone at 1/3500th total dose Two doses of Stalaris outperformed 11 TGFβ Ab doses Superior activity in established IPF fibrotic model Vehicle
Second Half First Half Biomarker/MOA: Introduce mechanistic/PD assay GMP Manufacturing: Complete clinical trial supply IND Enabling: Initiate preclinical safety studies Activity in industry proven model of IPF (approved drugs Pirfenidone & Nintedanib) GMP manufacturing kicked off Rat/non-human primate non-GLP safety & PK data support advancement to IND Preclinical Status: 2017 Development Goals: Stalaris: Status and 2017 Development Goals Stalaris Program Clinical Trial: Initiate First in human clinical trial
Building a New Class of Therapeutics Foundation for the Future
LIFE Leaders Foundation for the Future Andrea Cubitt, Ph.D. VP, Product Protection John Blake, CPA VP, Finance Sanjay Shukla, M.D. Chief Medical Officer Holly D. Chrzanowski VP, Enterprise Talent and Organization Ashraf Amanullah, Ph.D. VP, Manufacturing John Mendlein, Ph.D. Chief Executive Officer Sanuj Ravindran, M.D. Chief Business Officer David King, Ph.D. SVP, Research Grove Matsuoka SVP, Product Programs and Planning Nancy Krueger VP, Legal Affairs
Discovered Physiocrines tRNA synthetase genes LIFE Numbers Foundation for the Future 3 Programs 300 Physiocrines 4,000,000,000 Years 23 genes 1 LIFE
LIFE Partnering Strategy “Partner One or More Programs to Accelerate Clinical Development” Lower cost of capital to strategically advance pipeline Accelerate our programs for greater value to stakeholders Leverage complementary resources and capabilities of partner organizations 3rd Physiocrine-based program: in 3rd attractive therapeutic area Resolaris: Favorable safety profile and potential clinical activity in myopathies Stalaris: First-in-class treatment for lung diseases, entering clinic in 2017 The World of Physiocrines: New therapeutic intervention points Priorities Foundation for the Future Partnering Assets
LIFE 2017 Goals and Financial Guidance *Estimated cash, cash equivalents, and investments provided pending completion of year-end financial close and external audit **Operational cash burn only, excludes cash from financings 2017 Goals Partner One or More Programs Advance Pipeline with Two Molecules in the Clinic Declare 3rd IND Candidate from Physiocrine Discovery Engine Financial Guidance $76M estimated cash 2016 EOY* Operations funded into 3Q 2018 without any partnerships ~30% expected reduction in operational cash burn compared to 2016** Foundation for the Future
Thank you!