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Investor Presentaiton

IBI-302 (VEGF/Complement) Development Plan Overview First-in-class Bispecific Fusion Protein Blocking VEGF/Complement Proteins • • . IBI-302 Differentiated Advantages High affinity blocker of VEGF family and complement protein that simultaneously inhibits angiogenesis and inflammation pathways IBI-302 is constructed by domains of human VEGFR1/2 and CR1 on the human IgG1 backbone; Fully human sequence with low immunogenicity risk IBI-302 has the potential effect in retinal fibrosis and macular atrophy Clinical Highlights Primary outcomes of Phla in nAMD Chang from baseline in BCVA 20 • Clinical Highlights Phase 1a data was published at 2020 AAO: good safety and tolerability with promising effect 1) BCVA increased by 8 letters on average for 4mg group at week 12 and effect lasts about 8~12 weeks after three loading injections 2) Average central retinal thickness decreased by 134μm at week 12 Phase 1b data will be disclosed at 2021 AAO IBI-302 Development Program Overview Neovascular/wet AMD BCVA ETDRS letter 15 10 Day 8 15 29 43 Clinical progress Started Phase 2 trial in wet AMD in 2021.04 -0.05mg IBI302 -0.15mg IBI302 -0.5mg IBI302 1mg IBI302 2mg IBI302 2021 plan • 4mg IBI302 Diabetic macular edema BCVA: best corrected visual acuity Neovascular/Wet AMD Phase 2 study exploring efficacy in fibrosis and macular atrophy is underway in 40 sites Phase 1b/2 trial in diabetic macular edema will be launched by the end of 2021 Global first anti-VEGF/anti-complement bispecific molecule designed to potentially address huge unmet medical needs in neovascular AMD and other ophthalmology diseases with poor response or declining effect under current anti-VEGF treatment. Good safety and tolerability, promising Innovent effect observed in Phase 1. Confidential Copyright©2021 Innovent Biologics 36
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