ANNUAL REPORT 2021 slide image

ANNUAL REPORT 2021

LUNDBECK ANNUAL REPORT 2021 = CONTENTS 22/111 OUR SCIENCE AND INNOVATION Over the past year, we consistently demonstrated leadership in the CNS space through our unique approach to science and innovation. It's an approach rooted in our commitment to persist in a challenging space, shaped by our agile mindset and defined by our bold vision of better lives for people with brain diseases. EXECUTING THE R&D STRATEGY In 2021, Lundbeck advanced the R&D strategy established in 2020, sharpening our focus on leading-edge science, de-risking and optimizing clinical development and supporting the commercialization of truly global products. Central to the approach of rebuilding the pipeline is the utilization of an experimental medicine approach that allows us to de-risk the pipeline and advance only the most promising drug candidates into full development. We executed this throughout the year and were able to initiate two important studies: A phase II proof-of-concept study program of Lu AF82422 for treatment of Multiple System Atrophy and a phase Il proof-of-concept study of Lu AG09222 for migraine prevention. We also advanced our ambition to become a truly global developmental organization, registering and launching VyeptiⓇ in a number of markets. Also in 2021, we established several important partnerships that strengthen our developmental capabilities through external innovation. In October 2021, we entered into an agreement with the South Korean biopharmaceutical company AprilBio and gained exclusive worldwide rights to APB-A1 (now Lu AG22515), a phase-I-ready biotherapeutic for the treatment of neuroimmune diseases. Lu AG22515 is a novel and well- differentiated anti-CD40 ligand (CD40L) antibody-like drug candidate. Modulating the CD40L/CD40 interaction holds great promise for treatment of a wide range of immune-related nervous system disorders. The agreement bolsters our neuroinflammation/neuroimmunology discovery platform, strengthening the biology cluster focus of our future therapies. In August 2021, we entered a strategic research collaboration with the U.S.-based company Rgenta Therapeutics to discover small molecules targeting RNA regulation and splicing of disease-causing genes. Lundbeck gained access to technology that targets RNA pathways, and with this exciting platform we aim to pursue novel targets previously inaccessible. DEVELOPMENTAL PIPELINE We believe that what fuels innovative drug discovery is a focus on the most promising science - to be in touch with and at the leading edge of where the neuroscience field is headed in our understanding of the brain and the pathophysiology that underpins brain health. Through pursuit of novel targets within the four biological clusters upon which we are focused, we are advancing truly innovative solutions to areas of significant unmet need in brain diseases. ol ᏌᏁ HORMONAL / NEUROPEPTIDE SIGNALING Eptinezumab- development and regulatory status Eptinezumab is a monoclonal antibody (mAb) that binds to the calcitonin gene-related peptide (CGRP), a neuropeptide believed to play a key role in mediating and initiating migraine, with high specificity and potency. Eptinezumab is administered as a quarterly 30-minute intravenous (IV) infusion, providing immediate and complete bioavailability. In February 2020, VyeptiⓇ (eptinezumab) was approved by the FDA as the first FDA-approved IV treatment for the treatment of migraine in adults. The recommended dose is 100 mg every 3 months; some patients may benefit from a dose of 300 mg. Eptinezumab was subsequently approved in the U.A.E. in December 2020, Canada in January 2021, Kuwait in May 2021, Australia in June 2021, Singapore in September 2021 and Switzerland in October 2021.
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