Acquisition of APIRx slide image

Acquisition of APIRx

For personal use only Canchew and Chewell patented MCGTs for Over-the-Counter ('OTC') and Prescription markets 01. MCGTs, using APIRX patented formulation technology, with potential to develop as OTC products in Australia and other jurisdictions (U.S., EU, UK, et cetera). DE LO 02. Phase 1 Pharmacokinetic (PK) study demonstrated that the patented CheWell formulation led to >10x increase in CBD bioavailability compared to the standard CBD chewing gum delivery mechanisms. 03. Therapeutic effect and commercial considerations will dictate whether to administer CBD via CheWell chewable tablet or CanChew chewing gum dosage forms. Incannex 04. Data from 36 patient phase 2 proof of concept trial observed a 50% reduction in abdominal pain in CheWell treated Irritable bowel syndrome (IBS) patients, supporting a therepeutic effect in IBS. 05. Therapeutic claims from the phase 2 clinical trial and proven high bioavailability increases marketability. 06. International regulatory analysis being undertaken to identify what is required for commercial launch. 07. Potential to develop CheWell for treatment of pain and cannabis addiction. CBD 9ng/ml) 0,9 0.8 0,7 0,6 0.5 0,4 0,3 0,2 0,1 0 0 10 Bioavailability CheWell vs Chewingum 20 30 40 CheWell 10 mg cbd (ng/ml) 50 Time (min) 60 Lead Assets 70 08 Chewinggum 10 mg CBD (ng/ml) 1) Analysis of CheWell shows an early onset and 10-fold higher CBD bioavailability than a non-microencapsulated chewing gum. Improved bioavailability means that even small doses of CBD within MCGTs could be highly effective even without a prescription from a doctor. That is, they would meet the TGA requirements for an OTC product. Increased bioavailability also reduces cost of goods, which increases margins. First marketing claim could be for IBS, however, could be suitable for a range of indications for which CBD may currently assist patients. 90 Shareholder Presentation 100 15
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