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    What's Hot & What's Not

    in Gene Thera ies for Rare DiseasesMay 6, 2015

    o era or:

    Mike Rice, MS, MBASenior Consultant, Defined Health

    Panelists:

    Matthew Porteus, MD, PhDAssociate Professor of Pediatrics(Cancer Biology), Stanford University

    Stewart Abbot, PhDExecutive Director, Integrative Research at

    Paul Gallagher, MBAPresident, Compass Strategic Consulting

    `

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    Toda s Web Panel DiscussionIs Co-Hosted by:

    ShareVault is afull-featured,

    state-of-the-artvirtual data room that

    Defined Health is aleading knowledge-

    based businessdevelopment strategy

    BIO is theworld's largest trade

    association representingbiotechnology

    allows organizationsto simply andsecurely share

    sensitive documents

    consultancy to pharmaand biotech.

    organizationsacross the world.

    BIO also organizes theBIO International

    in the cloud.,

    be held in Philadelphiafrom June 15-18.

    2

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    Logistics

    The web panel discussion will last 75 minutes

    .

    Contribute questions via the Q&A GoToWebinar

    interface.

    We will address the questions intermittently or at the

    end. If we dont get to your question, we will respond

    The web panel discussion is being recorded, and we

    will contact you when it becomes available.

    We welcome your feedback after the web panel so we

    can improve others in the future.

    3

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    Mike RiceMS, MBA

    Senior Consultant

    Mike RiceMike Rice

    4

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    Pharma Has Benefitted Significantly

    b Investin in Biolo icsTop-Selling Products (WW Sales $M) 2004 vs. 2014

    (coded by conventional vs. biologics)

    Lipitor (atorvastatin) - Pfizer Humira (adalimumab) -AbbVie

    2004 2014

    o og conven ona

    Z rexa olanza ine - Lill

    Norvasc (amlodipine) - Pfizer

    Seretide/Advair (fluticasone;salmeterol) - GSK

    ocor s mvas a n -

    Seretide/Advair (fluticasone,Rituxan (rituximab) - Roche

    Lantus (insulin glarginerecombinant) - Sanofi

    Sovaldi (sofosbuvir) - Gilead

    Zoloft (sertraline) - Pfizer

    Procrit (epoetin alfa) - J&J

    Nexium (esomeprazole) - AZN

    Remicade (infliximab) - J&J

    Herceptin (trastuzumab) -Roche

    Avastin (bevacizumab) -Roche

    sametero -

    0 5,000 10,000 15,000

    Plavix (clopidogrel) - BMS

    Effexor (venlafaxine) - Wyeth

    0 5,000 10,000 15,000

    Lyrica (pregabalin) - Pfizer

    Crestor (rosuvastatin) - AZN

    EvaluatePharma

    5

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    Gene and Cell Therapies Next

    Advancement Be ond Biolo ics

    TherapeuticInterventions

    SmallMoleculeModulators

    ProteinAugmentation

    Antibodies Peptidesand

    NucleicAcidsGeneCorrection& Augmentation

    CellTherapy/Regen Med

    Immune

    Modulators

    SMIs

    Plasma/tissue

    derived

    proteins

    Plasmaderived

    Polyclonal Igs

    Monoclonal

    Immune

    Modulators

    Exon skipping

    Viralvectors

    Retro/

    Lentiviral

    AdV

    Autologous

    andallogeneic

    BMT/Cell

    therapy

    Chaperones

    Substrate

    Reduction

    ecom nan

    Proteins

    Clotting

    factors

    Cytokines

    an o es

    mAB fragments

    Scaffolds

    Antisense

    RNAi /miRNA

    Nonviral

    Plasmids/

    Fragments

    Othercell

    sources: e.g.

    ES,iPS

    Transcription /

    Translation

    enhancers

    ormones

    Growth

    factors

    Enzyme

    Intrabodies p amers

    Ribozyme Geneediting

    with

    Meganucleases

    ZincFingers

    ev ces

    Encapsulation

    Scaffolds

    Implants

    Microorgans

    Epigenetics Rep acement TALENS

    CRISPR/Cas9

    Ap aeresis

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    Gene Therapy Defined

    According to the FDA, gene therapy products areall products that mediate their effects by

    transcription and/or translation of transferredgenetic material and/or by integrating into the

    acids, viruses, or genetically engineeredmicroorganisms.

    The products may be used to modify cells in vivoor transferred to cells ex vivo prior toadministration to the recipient.

    FDA.gov

    7

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    Components of Gene Transfer Platforms:

    Clinical Need, Intervention, Delivery VectorAAV

    Adenovirus

    Retro/LentiviralGene Transfer

    HSV, VACV, SV40

    Plasmid/Fragment

    Liposome, Other?

    Polygenic Diseases

    Monogenic DiseaseClinicalNeed Infectious DiseaseGene

    Therapy

    Oncology

    Suicide Gene

    Gene Augmentation

    Antisense, RNAi

    TherapeuticIntervention

    ZFs, CRISPR, TALENs

    Ribozymes

    8

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    Clinical Need: Today There Are Over 500Active Gene Therapy Programs

    Broadly Applicable: Investigated in >1,600 clinical trials

    Cancer is By Far the Most Active Area for Clinical Trials Monogenetic Diseases May Be Most Tractable

    5

    Gene Therapies by All Therapeutic Areasn = 574, individual products counted multiple times

    OncologySensory Disorders

    20328

    28

    14Meta o ic Disor ersCardiovascular DisordersNeuromuscular DisordersHematological Disorders

    Neurological DisordersNeurodegenerative Disorders

    29

    28n ec ous sease

    Immunological DisordersMusculoskeletal DisordersOtherGastrointestinal DisordersLiver Disorders

    69

    56

    39

    33

    Genitourinary DisordersCongenital DisordersLung DisordersAccidents & InjuryRespiratory DisordersAdis R&D Insight,

    9

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    Gene Transfer Vectors:Viral-Based Vectors Used in Majority of Pipeline

    Gene Therapies in Development by Approachn=394

    14

    139 7

    5 Adeno-associated virus (AAV)

    Other gene therapy

    Adenovirus

    122

    16

    15

    15 Lentiviral vector

    Plasmid

    Cancer vaccine

    Fragment/DNA

    38

    23Retrovira

    T cell therapy

    Cell therapy

    Other viral vector

    Oncol tic virus

    65

    49

    ZF

    Transposon

    TALEN/CRISPRAdis R&D Insight,

    Thomson Reuters Cortellis

    10

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    Therapeutic Intervention:GT Originated as Functional Genomics Tools MayTrans orm In er te D sor ers an Ot er D seases

    Inherited Disorders

    StableTransient

    Enzyme (ERT)

    mRNA

    Allo SCTAutologous Cell

    Correction

    mRNA

    Exon Skipping Plasmid Transfection

    Viral Integration

    Recombination

    Gene Activation

    Triplex

    Other epigeneticTransposons

    Meganucleases, ZF,

    Viral Episomal? Gene Editing

    , ,

    11

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    Cross-Comparison of

    Gene Thera PlatformsTechnology Capacity Delivery* Integration Pros/Cons

    AdenovirusP: high packaging capacity

    (AdV)

    < n v vo p soma : e c s a po en mmune response;transiently expressed transgene

    Adeno-Associated < 5kB In vivo Episomal

    P: non-pathogenic; infects dividing ornon-dividing cells

    C: Prior ex osure immune re ectionrus

    DNA lost through cell division

    Retrovirus < 8kB Ex vivo IntegratingP: stable integration into host genomeC: random insertion tumorigenesis risk;

    only infects dividing cell types

    Lentivirus 8-10kB Ex vivo IntegratingP: infects dividing or non-dividing cells;

    reduced tendency to cause cancerC: theoretical tumorigenesis risk

    *Indicates how a technology is being used in its current format

    GeneEditing

    n/a Ex vivo IntegratingP: Ability to add, delete or correct genesat the single nucleotide levelC: complexity vs. gene addition;

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    Emerging Genome-Editing Platforms

    Gene editing refers to methods that target adouble-stranded break in the genome, then directsa s ecific DNA se uence alteration.

    ZFN, TALEN, andCRISPR/Cas9 genome-editing

    Four families of engineered nucleases used: Meganucleases (MEGAs): highly specific due to large

    recognition site (dsDNA sequences of 12 to 40 base

    tools

    pa rs .

    Zinc finger nucleases (ZFNs): fusion of a zinc finger

    DNA-binding domain to a DNA-cleavage domain.

    Transcription activator-like effector nucleases(TALENs): fusion of TALE DNA binding domain to aDNA cleavage domain.

    palindromic repeats (CRISPRs): Delivery of Cas9(an RNA-guided DNA endonuclease enzyme) andappropriate guide RNAs into a cell used to cut thegenome at a desired location.

    roc at ca c : .; ature otec no ogy : .; ature ev ews enet cs : .

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    GT May Be Inflecting in Value,

    But Has Yet To Produce aCommercially Viable Product

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    Old and New GT Companies

    Advancin Diverse PlatformsGene EditingGene Augmentation

    AAV

    AdV

    Ado tive Cellular I O-

    Retro

    Plasmid

    Other

    Partners

    15

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    Indicator of Maturity of GT Platforms:

    -

    Counts of Papers Published on PubMed Per YearMentioning Each Gene Therapy Approach

    1 600

    1,800

    2,000

    achYear

    Adeno-Associated Virus Adenoviral

    Retroviral Lentiviral

    CRISPR TALEN

    1 000

    1,200

    1,400

    Pub

    lished

    s eganuc eases

    600

    800

    ofPapers

    -

    200

    1985 1987 1989 1991 1993 1995 1997 1999 2001 2003 2005 2007 2009 2011 2013

    Numbe

    PubMed

    16

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    Indicator of Maturity of GT Platforms:>200 Programs Advancing in Clinical Trials

    Severa w t Conv nc ng PoC

    Broadly Applicable, Cancer is By Far the Most Active Area for Clinical Trials Monogenetic Diseases May Be Most Tractable

    13

    Gene Therapies by All Phases of Development

    n = 574, individual products counted multiple times

    68Preclinical

    Phase 1/2

    Phase 2

    329158

    Phase 3

    Registered

    Adis R&D Insight; Cortellis

    17

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    Indicator of Maturity of GT Platforms:

    Thecombined

    regenerative

    medicine

    field,

    including

    cell,

    gene,

    andgenemodifiedcelltherapies,generated$4.74Bthrough

    , ,

    investmentsfromMarch2013toMarch2014.

    Thereare

    close

    to

    700

    clinical

    trials

    currently

    underway

    with

    the

    , ,

    cardiovasculardiseases.And,theclinicalpipelineismaturing

    withoveronethirdofthosetrialsinlaterstages(P2orP3). The

    rateofgrowthisreflectedinthepublicmarkets:25%ofthe

    biotechIPOs

    in

    the

    second

    half

    of

    2013

    were

    regenerative

    medicinecompanies.

    http://www.biospace.com/News/biotech-ipos-up-22-since-bubble-year-of-2000-shows/361523; http://www.poliwogg.com/news/125-sectors-to-watch-in-biotech-and-healthcare-investing

    18

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    Indicator of Maturity of GT Platforms:

    Gene Thera IPOs & VC Financin

    2015

    IPO VC Financing

    $29 M Series B

    Dec 2014: $185 M

    Jun 2014: $117 M

    Apr 2014: $55MSeries B

    May 2014: $20 M

    Jan 2014: $50 M

    Oct 2013: $44 M Nov2013: $47M Series A

    2013

    July 2013: $18M Seed CapitalMay 2013: $18.4M Conv. Issue

    May 2013: $150M Series F

    Jul 2013: $184 M

    2012

    .

    May 2012: $10M Series DFeb 2012: $43M Series D

    May 2011: $100M Series E

    EvaluatePharma

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    Indicator of Maturity of GT Platforms:

    Pharma InvestmentGene Therapy Deal Timeline 2012-2015

    Jan 2015$6M

    Hemophilia A&B

    Dec 2014$280M

    Hemophilia B

    June 2014$252M

    Hemophilia A

    Aug 2014$4M

    Acquisition

    June 2014$44M

    Acquisition

    Oct 2013$1M

    Acquisition

    Apr 2015$64M

    VC Funding

    2013 2014 2015

    Feb 2015$845M

    Parkinsons

    July 2014$1MCV

    July 2013$40M

    Familial lipoproteinlipase deficiency

    Jan201511M+

    April 2015$1B

    S100A1CV

    DiseaseCRISPRplatform

    EvaluatePharma, Company Website

    20

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    Gene Therapy Innovator Market Caps

    Company Market CapSangamo

    5,000

    6,000

    Bluebird

    ZioPharm

    GenVec

    $5.7B

    3,000

    4,000

    unts($M) AmpliPhi Biosciences

    Intrexon$3.07B

    $4.3 B

    1 000

    2,000IPOAm

    AGTC

    UniQure

    $897M

    Bloomber .com

    0

    ,

    AAV AdV Lenti ZF

    va anc e

    Spark

    21

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    T-Cell Therapy Deal Timeline

    -

    Feb2014

    $150MCART

    June2014

    $350M

    TCR

    Sept2014

    $350MTargetedTcells

    Opus Bio

    Dec2014

    $20M

    CART

    Jan2015

    $525M

    CART

    Jan2015

    $150M

    CART Mar2015

    CART

    Jan2015

    $60M

    CART

    2014 2015

    Jan2014

    $13.5M

    Acquisition

    June2014

    $265M

    CART

    Sept2014

    CART

    Oct2014

    TCRms

    Dec2014

    $11m

    CART

    Mar2015

    CART

    Apr2015

    CART

    Feb2015

    CART,TCR

    EvaluatePharma, Company Website

    22

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    T-Cell Therapy Market Caps

    20,000

    Market Cap of Leading Biotechsin T-Cell Space by Technology

    ZioPharm

    Takara Bio

    14,000

    16,000

    18,000 Sangamo Biosciences

    MolMed

    MacroGenics

    $17B

    10,000

    12,000

    ket

    Cap

    ($M)

    Kite Pharma

    Juno Therapeutics

    Emergent Biosolutions$8.6B

    4,000

    6,000

    8,000Ma Cellular Biomedicine Grp

    Cellectis

    Bluebird Bio

    Bellicum

    0

    2,000

    Bi-specific CAR T TCR CTL Other T celltherapy

    TIL

    Atara Biotherapeutics

    Affimed Therapeutics

    .

    $1.2B $797M$536M

    Bloomberg.com

    23

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    Pharmas Have Renewed Interest in

    Gene Thera iesHowever, Issues Remain

    Translation of reclinical results into man

    Delivery, Stability, Immunogenicity

    Safety e.g. anaphylaxis, insertional mutagenesis, cytokine storm

    Higher regulatory scrutiny

    Innovative clinical endpoints necessary

    RAC review

    Does not fit nicely into Pharma scalability model Complicated IP and stacking royalties

    Individualized vs. one-size fits all

    Involves devices and process

    anu ac ur ng: epro uc y, ca a y, g cos o goo s

    Market Access:Value-based pricing in different payer systems

    Bioethics: Boundaries of use, Testing in vulnerable populations

    24

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    Recent Gene Therapy News Highlights

    GlaxoSmithKline files for gene therapy OK asa case of the jitters sets in

    May 5, 2015

    By John Carroll

    GSK CEO Andrew Witty

    Close to 5 years after GlaxoSmithKline ($GSK) signed on to collaborate with the San Raffaele Telethon Institute for Gene Therapy inItaly, the partners have stepped up with a European application to start marketing a gene therapy for extraordinarily rare cases of

    - .recoiling from some notable setbacks that have begun to cloud what has been a bullish sector in biotech.

    The drug is the rarely mentioned GSK2696273, a gene therapy which uses a viral vector to insert working copies of the ADA geneinto stem cells extracted from the bone marrow of patients. The cells are then reintroduced to the patient, who can expect to startmaking the gene on their own, repairing their immune system.

    The Europeans will be reviewing an application built on data from 18 patients, with the first treatment dating back 13 years. All arealive thou h three had to have follow-u enz me re lacement thera or a bone marrow trans lant which is what most of thesepatients rely on today.

    An approval for GlaxoSmithKline in Europe would have wide implications. With so few patients, the center in Italy may well becomea Mecca for patients around the world, including the U.S.

    "This is an important landmark for clinicians, researchers and all the staff at TIGET who have been working side by side with GSKtowards approval of this gene therapy," says Alessandro Aiuti, the clinical research coordinator at TIGET. "In the past years wehave witnessed how a sin le infusion of ene modified stem cells has chan ed the lives of these children and their families. Ifauthorized, we will be ready to offer gene therapy at our center to ADA-SCID patients in need from Europe and other countries.

    https://www.genomeweb.com/research-funding/nih-places-human-germline-out-bounds-genome-editing-funding

    26

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    Recent Gene Therapy News Highlights

    NIH Places Human Germline out of Bounds forGenome Editin Fundin

    April 29, 2015

    NEW YORK (GenomeWeb) Reacting to research published last week in which Chinese scientists conducted germline editingon a non-viable human zygote, the National Institutes of Health today firmly came down in opposition to the use of geneediting technologies in the human germline.

    "NIH will not fund any use of gene-editing technologies in human embryos," NIH Director Francis Collins wrote in a statementpu is e on t e NIH we site

    While technologies like CRISPR/Cas9 provide an "elegant" way of editing the genome, Collins said safety and ethical issuesoutweighed any potential benefits and added that germline editing has been viewed almost universally as a line that shouldnot be crossed.

    NIH's stand comes a week after scientists from Sun-yat Sen University in China published a study reporting CRISPR/Cas9gene editing of the beta-thalassemia gene in nonviable tripronuclear human zygotes. The study confirmed rumors thatsc en s s were us ng e ec noogy o a er e uman germ ne an prec p a e w esprea ac as n e sc en cand popular press.

    In his statement, Collins mentioned several legal and regulatory barriers to conducting such research in the US, including theDickey-Wicker amendment, which forbids federal funding for the creation of human embryos for research, as well as researchin which human embryos are destroyed; NIH Guidelines pertaining to the Recombinant DNA Advisory Committee, whichstates that research proposals for germline changes will not even be considered; and the authority given to the US Food andDrug Administration to regulate gene therapy products under the Public Health Service Act and the Federal Food, Drug, andCosmetic Act

    "NIH will continue to support a wide range of innovations in biomedical research, but will do so in a fashion that reflects well-established scientific and ethical principles," Collins said.

    htt s: www. enomeweb.com research-fundin nih- laces-human- ermline-out-bounds- enome-editin -fundin

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    Matthew Porteus, MD, PhD

    Introduction:

    Associate Professor of Pediatrics(Cancer Biology), Stanford University

    Areas of interest in research

    What is state of the art?

    Gene Augmentation vs. Gene Editing

    Involvement with CRISPR

    Therapeutics Matthew PorteusMatthew Porteus

    How is the ability to raise significant capital ina biotech company changing the advancementof the field compared to the academic setting?

    to impact which disease first?

    Whats down the road?

    30

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    Stewart Abbot, PhD

    Introduction

    Executive Director, Integrative Research atCelgene Cellular Therapeutics (CCT)

    What is Going on at CCT

    How is Celgene employing gene

    Stewart AbbotStewart Abbot

    trans er an ce u ar t erap esacross therapeutic areas?

    How is a large pharma company

    of individualized, potentially one-time treatments?

    Infrastructure, logistics, manufacturing,

    scalability, patient access

    31

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    e u ar erapeu cs

    Gene Therapies for Rare Diseases

    Stewart Abbot

    May 2015

    NON-CONFIDENTIAL

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    Celgene Cellular Therapeutics (CCT)

    Whats going on at CCT

    CCT is a wholly owned subsidiary of Celgene Corporation

    Established in 2003 as semi-autonomous group within Celgene

    Longstanding interest in human-placental cells (HSC and MSC)

    Internal R&D, regulatory, clinical and cell and tissue productmanufacturing capabilities

    eve op ng ce , gene-mo e ce an ssue erapeu cs

    Primary focus on indications with high unmet clinical needs

    (rare and not-so-rare)

    Clinical-stage candidates including PDA-002 Diabetic foot ulcers and PAD

    Support chimeric antigen receptor-modified T cell collaborations

    Revenue generating activities including biomaterial products and private

    Partnered BiovanceTM and other biomaterial products with AlliquaBiomedical

    33

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    Celgene Cellular Therapeutics (CCT)

    How are we employing gene transfer and cellular therapies

    Mechanistic studies

    Medium throughput RNA-silencing studies to define PDAC (MSC-like) cell MoA

    Transfection protocols for whole genome siRNA and miRNA

    Viral transduction stable cell lines for in vitro and in vivo functional studies Potential for product life cycle management

    Utilize detailed MoA findin s to further au ment cell function b en ineerin in or

    out CTQ functionality

    Gene-modified cellular candidates

    Embracing technology convergences between cell and gene-therapy platforms , -

    oncology)

    Gene modified HSC-derived RBC (DARPA and other partners)

    Chimeric antigen modified T-cell candidates

    -

    R&D capabilities

    Focus on scientifically-driven product development and practicality of

    production, distribution etc.

    34

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    Pharma Approaches to

    Individualized TreatmentsRare Disorders

    The individual treatment MarmiteTM analogy:

    You either love it or you hate it.

    Precision medicine versus rare diseases

    7 000 different rare diseases and disorders 30 million eo le in the United

    States are living with rare diseases

    Potential for precision medicine initiatives to define individualized treatment

    subsets within highly common single disorders

    35

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    Pharma Approaches toIndividualized Treatments

    CCTs Experience

    Initial focus on expanded allogeneic cell therapies for common disorders

    Immuno-evasive cells, scalable production, lower COGS

    Business models evolving to embrace individualized treatments for orphan

    indications

    Reimbursement and margins dependent on magnitude of treatment effects

    Ex vivo gene-modification of cellular therapies can overcome PK issues with

    gene-therapies Potentia or rationa y- esigne t erapeutics to e curative or at east

    transformative

    Assumption that high treatment effects can facilitate smaller clinical trials

    Organizational structures evolving to embrace modality diversity

    CCT organized as semi-autonomous unit within Celgene to develop modality-

    , .

    36

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    Pharma Approaches toIndividualized Treatments

    CCTs Experience (continued)

    Rapidly adapt to evolving scientific, regulatory and commercial

    bureaucracy

    Understand, and potentially embrace, initiatives such as Japans Pharmaceutical

    and Medical Device (PMD) Act, Safety of Regenerative Medicine Act

    Focus on making the possible practical

    Develop solid understanding of CTQ attributes for each product (non-modified or

    gene-modified)

    Consider duration of cell and gene-modified manufacturing cell processing andinfrastructure requirements (clean room suites, incubators etc.)

    Time in culture = risk & cost in production

    Develop robust, comparable and scalable manufacturing and distribution solutions

    Leverage expertise in allogeneic cell process development and manufacturing

    scale-upapproaches to develop autologous cell manufacturing scale-out

    approaches

    Distribution logistics for frozen and non-frozen products and feedstock

    Requirement for JIT processing and rapid release tests

    37

    h h

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    Pharma Approaches toIndividualized Treatments

    Internal or external partnering to rapidly fill capability gaps

    Novartis / U. Penn

    GSK / Adaptimmune

    CCT / Alliqua biomedical

    Embrace new technology developments

    CCT / miRNA-based screening

    Novartis / Intellia / Caribou

    GSK / Celgene / CRISPR Therapeutics Check the business model is practical

    Orphan versus ultra-orphan

    Patient access for trials

    Patient available and reimbursement

    38

    Ph A h t

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    Pharma Approaches toIndividualized Treatments

    Summary

    - -

    therapeutics

    Current clinical success is supporting high levels of investment,

    . .

    Current investment should support appropriate basic and clinical

    R&D to ensure some the approaches change the near-future

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    Paul Gallagher, MBA

    Introduction:

    President,Compass Strategic Consulting, Inc.

    Will payers carve out genethera ies in health technoloassessments, pricing and coveragedecisions?

    In planning will innovative

    Paul GallagherPaul Gallagher

    paymen sc emes, suc asannuities, apply?

    What should developers of genethera ies do to o timize the value

    of innovations?

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    P i i d k t i f

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    Pricing and market access issues of genetherapies are just beginning to be addressed

    Glybera registered and pricedin Germany at 877,400

    No country has carved outspecific HTA process to cover

    There is not just one business model for all gene therapies.

    Different diseases will find different models

    Jorn Aldag, CEO, UniQure

    regenerative medicine

    Generally off the radar ofa ers

    I dont know that this is on anybodys radar screen, thats the

    other issue, I dont think a lot of senior leaders of our businessunits really understand.

    Member of formulary of major US payer, Dec 2014

    Advocacy groups beginningto look at reimbursementissues

    Alliance for Re enerative

    The original annuity payment could be set with certaintypes of 're-opener' clauses, such as with patent expiration[death], or if a less expensive new therapy came on line --

    thus subjecting the gene therapy annuity to the same vagaries

    Medicine

    Calls for innovative payment

    of market competition that standard pharmaceuticals faceThe special case of gene therapy pricing, Troyen ABrennan, James M Wilson, Nature Biotech, Sep 2014

    I think its very difficult to amortize payments...the business

    Pricing and budget impact

    not value are issues in thepublic domain

    -

    regulated industryfor fully insured products there are specificrules reserve requirements

    Member of formulary of major US payer, Dec 2014

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    In your planning, assume current payment

    until health systems show willingness tocarve out some gene therapies

    Remember affordability is a major issue in ex-USmarkets and coming to the US

    therapies is asking for special treatment in HTAs and offthe radar in the US, less so in the EU

    specific for product and country / payer within country

    Start early to understand the needs in markets meet with payers

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    If new payment mechanisms are necessary

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    If new payment mechanisms are necessaryfor some curative therapies, change will

    require a collaborative effort amongnumerous stakeholders

    Prioritize developing strong clinical, economic and long-

    term follow-up data based on early analysis of genetherapy HTAs

    Focus on value, start with crystalizing the burden of illness

    Monitor health system structure / policy since they

    are likely to change based on recent history Educate payers, payer influencers and policy makers

    Collaborate with decision makersuse strength innumbersform a working group and explore options with

    the budget holders Build bridges to patient advocacy groups

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    Discussion and

    Listeners, please type your questions into the.

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    What's Hot & What's Not

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    What s Hot & What s Notin Gene Thera ies for Rare Diseases

    May 6, 2015

    o era or:

    Mike Rice, MS, MBASenior Consultant, Defined Health

    Panelists:

    Matthew Porteus, MD, PhD

    Associate Professor of Pediatrics(Cancer Biology), Stanford University

    Stewart Abbot, PhDExecutive Director, Integrative Research at

    Paul Gallagher, MBAPresident, Compass Strategic Consulting

    `

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    joining us!

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