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Copyright © Benitec Biopharma Ltd www.benitec.com Potent and durable RNAi mediated suppression of Hepatitis B Virus infection in a mouse model by a non- viral Closed Ended Linear DNA (CELID) vector November 11, 2018 Dr. Peter W. Roelvink Senior Director Research

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  • Copyright © Benitec Biopharma Ltdwww.benitec.com

    Potent and durable RNAi mediated

    suppression of Hepatitis B Virus

    infection in a mouse model by a non-

    viral Closed Ended Linear DNA (CELID)

    vector

    November 11, 2018

    Dr. Peter W. Roelvink

    Senior Director Research

  • Copyright © Benitec Biopharma Ltdwww.benitec.com

    2

    This presentation contains "forward-looking statements" within the meaning of section 27A of the US Securities Act of 1933

    and section 21E of the US Securities Exchange Act of 1934. Benitec has tried to identify such forward-looking statements by

    use of such words as "expects," "intends," "hopes," "anticipates," "believes," "could," "may," "evidences" and "estimates,"

    and other similar expressions, but these words are not the exclusive means of identifying such statements. Such statements

    include, but are not limited to, any statements relating to Benitec's pipeline of ddRNAi-based therapeutics, including the

    initiation, progress and outcomes of clinical trials and any other statements that are not historical facts. Such forward-

    looking statements involve risks and uncertainties, including, but not limited to, risks and uncertainties relating to the

    difficulties or delays in our plans to develop and potentially commercialize our product candidates, the timing of the

    initiation and completion of preclinical and clinical trials, the timing of patient enrolment and dosing in clinical trials, the

    timing of expected regulatory filings, the clinical utility and potential attributes and benefits of ddRNAi and our product

    candidates, potential future out-licenses and collaborations, our intellectual property position and duration of our patent

    portfolio, the ability to procure additional sources of financing and other risks detailed from time to time in filings that

    Benitec makes with US Securities and Exchange Commission, including our most recent annual report on Form 20-F and our

    reports on Form 6-K. Such statements are based on management's current expectations, but actual results may differ

    materially due to various factors, including those risks and uncertainties mentioned or referred to in this presentation.

    Accordingly, you should not rely on those forward-looking statements as a prediction of actual future results.

    Safe Harbor Statement

  • Copyright © Benitec Biopharma Ltdwww.benitec.com

    3

    Badriprasad Ananthanarayanan

    Mick Graham

    Tin Mao

    Vanessa Strings-Ufombah

    Shih-Chu Kao

    Kermit Zhang

    Peter Roelvink

    David Suhy

    Contributors

  • Copyright © Benitec Biopharma Ltdwww.benitec.com

    4

    Positioning of shRNA Used in Clinical Construct

    Ensure Cleavage of Multiple HBV Transcripts

    shRNA 9 shRNA 9 shRNA 4shRNA 4

    HBV proteinsHBV proteins

    HBV TranscriptsHBV Transcripts

    HBV genomeHBV genome

    shRNA 8shRNA 8 shRNA 9 shRNA 4

    HBV proteins

    HBV Transcripts

    HBV genome

    shRNA 8

    * Sequences selected for shRNA are well conserved across HBV genotypes A-H

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    5

    • Single stranded recombinant DNA

    • Wild type Pol III promoters for high expression

    • Model shRNA into miRNA backbone for safety• High fidelity: a few predominant, highly active

    species of siRNA

    • May help reduce potential toxicity

    BB-103: Triple shmiR anti HBV

    ITR

    ITR

    A CB

    U69-shmiR-4 U61-shmiR-8 U68-shmiR-9

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    6

    Overview of Phoenix Bio’s PXB Human Liver

    Chimeric Mouse

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    7

    BB-103 Combo with Entecavir:

    Reduction of Serum HBV DNA Levels

    *

    *

    1.0E+03

    1.0E+04

    1.0E+05

    1.0E+06

    1.0E+07

    1.0E+08

    1.0E+09

    0 7 14 21 28 35 42 49 56 63 70 77 84 91Day

    Untreated, HBV infected PXB mice

    Se

    rum

    HB

    V D

    NA

    (co

    pie

    s/m

    l)

    2.63 log drop ETV

    Entecavir (ETV) administered daily

    LLOQ – 4e4 DNA copies ml (~ 3.72 logs)

    BB-103 administered once at Day 0

    1.34 log drop BB-103 (*max 2.17 Day 63)

    (HBV detectable but not quantifiable)

    3.72+ log drop BB-103 + ETV

    16Copyright © Benitec Biopharma Ltdwww.benitec.com

  • Copyright © Benitec Biopharma Ltdwww.benitec.com

    8

    Se

    rum

    HB

    s A

    g (

    IU/m

    l)

    1.0E+01

    1.0E+02

    1.0E+03

    1.0E+04

    0 7 14 21 28 35 42 49 56 63 70 77 84 91

    Day

    Entecavir (ETV) administered daily

    0.46 log drop ETV

    1.49 log drop BB-103 (*max 1.94 Day 70)

    BB-103 administered once at Day 0

    BB-103 and Entecavir as Monotherapy: Reduction of

    Serum HBsAg (S-Antigen) Levels

    Untreated, HBV infected PXB mice

    19Copyright © Benitec Biopharma Ltdwww.benitec.com

  • Copyright © Benitec Biopharma Ltdwww.benitec.com

    9

    Complex Manufacturing in mammalian or insect cells

    Pre-existing antibodies in patients against AAV serotypes

    prevents administration of an AAV vector

    Administration of an AAV vector prevents repeat dosing

    Solution (perhaps): Celids

    Problems with AAV Delivery

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    10

    It’s a Closed Ended Linear DNA and to be more precise:

    It looks like the genome of an AAV minus the capsid, but is

    not size restricted and thus can be much shorter than 4.6

    Kb

    What is a Celid?

    A CB

    U69-shmiR-4 U61-shmiR-8 U68-shmiR-9

  • Copyright © Benitec Biopharma Ltdwww.benitec.com

    11

    Celids are produced by infection of insect cells by two baculoviruses. One

    carries the Celid, the other carries the Replication genes of an AAV but NOT

    the capsid genes.

    This results in production of Celids that can be purified from harvested insect

    cells using DNA purification kits followed by HPLC (size exclusion).

    The first in vivo evaluation was with a Celid that expresses luciferase (female

    BALB/c by Hydrodynamic Injection)

    Production of Celids

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    12

    Long term expression of luc-Celid in vivo

    0 4 8 12 16 20 24 28101

    102

    103

    104

    105

    106

    107

    108

    109

    Weeks after injection

    Ra

    dia

    nc

    e (

    ph

    oto

    ns

    /s/c

    m2

    /sr)

    Saline 151

    Saline 152

    Saline 153

    Saline 154

    CELiD 451

    CELiD 452

    CELiD 453

    CELiD 454

    CELiD 455

    CELiD 456

    CELiD 457

    CELiD 458

    CELiD 459

    CELiD 460

    Luciferase expression

    0 4 8 12 16 20 24 28101

    102

    103

    104

    105

    106

    107

    108

    109

    1010

    Weeks after injection

    Ra

    dia

    nc

    e (

    ph

    oto

    ns

    /s/c

    m^

    2/s

    r)

    Luciferase expression

    Saline

    Plasmid

    CELiD

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    13

    Characterizing Celids

    � Fully characterized CEliD 286 (HBV triple shmiR)

    - Purified (glycerol gradients)

    - Mapped

    - Sequenced

    - Activity

    cBL286 pBL283 single shmiR

    All4 71.5 62.4 71.0

    sh8 80.6 80.9 96.8

    All9 82.4 70.7 97.5

    0.0

    20.0

    40.0

    60.0

    80.0

    100.0

    120.0

    % i

    nh

    ibit

    ion

    of

    Luc

    rep

    ort

    er

  • Copyright © Benitec Biopharma Ltdwww.benitec.com

    14

    HBV Hydro Dynamic Injection

    study in NOD-SCID mice

    WUXI study 20170123A

    In Vivo Evaluation of Celid Activity

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    15

    Test groups:

    Saline + HepB plasmid (Group D)

    TT035 + HepB plasmid (negative control that produces 3 anti-HepC shmiRs)

    Celid (produces 3 anti-HBV shmiRs) + HepB plasmid

    HDI of 10 ug in volume of 8% of mouse bodyweight/5 seconds

    HepB DNA levels determined in serum by Q-PCR, S and E antigens by ELISA

    In Vivo Evaluation of Celid Activity: set up

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    16

    Serum HBV DNA

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    17

    Serum HBsAg

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    18

    Serum HBeAg

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    19

    The NOD-SCID HDI mouse model appears suitable for

    quick evaluation/ranking of potential anti HepB

    therapeutics.

    The model is not necessarily suitable for long term (i.e.

    over 30 days p.i.) evaluation.

    Celids are molecular therapeutic tools that have utility in

    a preclinical setting.

    Conclusions