AlphaSenseHighlightedDocument AlnylamPharmaceuticalsInc(ALNY) AlnylamPharmaceuticalsIncRNAiRoundtable:ALN-HBVforthetreatmentofhepatitisBvirus (HBV)infection 11-Oct-16 ConferenceTranscript AlnylamPharmaceuticalsIncRNAiRoundtable:ALN-HBVforthetreatmentofhepatitisBvirus (HBV)infection CambridgeOct11,2016(ThomsonStreetEvents)--EditedTranscriptofAlnylamPharmaceuticalsIncconferencecallor presentationTuesday,October11,2016at1:00:00pmGMT CORPORATEPARTICIPANTS JoshBrodsky,AlnylamPharmaceuticals,Inc.-AssociateDirector,IR&CorporateCommunications PushkalGarg,AlnylamPharmaceuticals,Inc.-SVP,ClinicalDevelopment LauraSepp-Lorenzino,AlnylamPharmaceuticals,Inc.-VP,Entrepreneur-in-Residence HeinerWedemeyer,HannoverMedicalSchool-ManagingSeniorPhysician&AssistantProfessor,Departmentof Gastroenterology,Hepatology,andEndocrinology PRESENTATION Operator Thankyou,ladiesandgentlemen,forjoiningtoday'sRNAiroundtable.(OperatorInstructions)Iwouldnowliketoturnthecallover toJoshBrodskyforopeningremarks.Josh,youmayproceed. JoshBrodsky,AlnylamPharmaceuticals,Inc.-AssociateDirector,IR&CorporateCommunications Goodmorning,everyone.Thanksforjoiningusfortoday'sRNAiRoundtabletodiscussourprogresswithALN-HBV,in developmentforthetreatmentofchronichepatitisBvirusinfection.I'mJoshBrodsky,AssociateDirectorofInvestorRelationsand CorporateCommunicationsatAlnylam. WithmetodayarePushkalGarg,SeniorVicePresidentofClinicalDevelopmentatAlnylam;HeinerWedemeyer,ManagingSenior PhysicianandAssistantProfessoratHannoverMedicalSchool;andLauraSepp-Lorenzino,VicePresident,Entrepreneur-inResidenceatAlnylam. BeforeIturnthecallovertoPushkal,Ijustwanttomakeafewcomments.Today'sRNAiRoundtablefocusedonALN-HBVisthe lastoneinaseriesofroundtablesthatwehavebeenhostingthissummerandearlyfall.Today'seventwillendataround10:00AM EasternTime.PushkalwillmoderateaQ&Asessionattheconclusionofthepresentationsandifyouwouldliketosubmita question,youcandosoatanytimeduringtheeventbyclickingtheAskaQuestionbuttonlocatedabovetheslidewindowonthe webcastplayer. Finally,asareminder,wewillbemakingforward-lookingstatementsandweencourageyoutoreadourmostrecentSECfilingsfor amorecompletediscussionofriskfactors.AndsowiththatIwillnowturnitovertoPushkal. PushkalGarg,AlnylamPharmaceuticals,Inc.-SVP,ClinicalDevelopment Thanks,Josh,andthanks,everyone,forjoiningustodaytohearaboutourALN-HBVprogram. Asallofyouknow,AlnylamistheindustryleaderinRNAitherapeutics,whichrepresentsawholenewclassofinnovative medicines.RNAiisapowerfulapproachforgenesilencingthatharnessesanaturalandcatalyticmechanism,andthrough Alnylam'sefforts,RNAiisaclinically-provenapproach. Asyou'llseeonslide7,Alnylamhasdevelopedapipelineofproductsfocusedinthreestrategictherapeuticareas,orSTArs. Thesearegeneticmedicines,cardio-metabolicdiseases,andhepaticinfectiousdiseases,representingarangeofdisease opportunitiesfromraretocommontoglobal. Onslide8youcanseeeachofthespecificprogramslistedbySTAr,showingtheeightproductsthatwehavecurrentlyinclinical development.TodaywewillfocusonALN-HBVwithinourhepaticinfectiousdiseaseSTAr,ashighlightedonslide9. Slide10showsyoutheagendafortoday'sRNAiRoundtable.WewillbeginwithLauraSepp-Lorenzino,whowillprovidean overviewoftheALN-HBVprogram.Aftersheconcludes,Dr.WedemeyerfromHannoverMedicalSchoolwillprovideanoverview ofchronichepatitisDvirusinfection.FollowingDr.Wedemeyer'spresentation,wewillbegintheQ&Asessionsopleaseremember tosubmityourquestionsaswego. ©2015,AlphaSense,Inc.AllRightsReserved.AlphaSenseisaservicemarkofAlphaSense,Inc.Allothertrademarksmentionedbelongtotheirrespectiveowners. AndwiththatIwillhanditovertoLaura.Laura? LauraSepp-Lorenzino,AlnylamPharmaceuticals,Inc.-VP,Entrepreneur-in-Residence Thankyou,Pushkal.Goodmorning,everybody,andthankyouforjoiningourRNAiRoundtable. Asshownonslide11,hepatitisBinfectionisthemostcommonseriousliverinfectionintheworld.Worldwidethereis2billion people,thatisoneinthreepeople,whohavebeeninfectedwithHBVandthereareapproximately290millionpeoplethathave chronicdiseases.Andalthoughprophylacticvaccineshavebeenavailableforovertwodecades,there'sstill10millionto13million newinfectionsperyearwithmostpatientsbeingunawareoftheinfectionandmany,manypatientsbeinguntreated. Chronicinfectionresultsinfibrosis,cirrhosis,andistheleadingcauseinthedevelopmentofhepatocellularcarcinoma,orHCC, andresultsinabout1milliondeathsannually. TherearetwoapprovedclassesofdrugsforchronicHBV,onearetheoralnucleotideinhibitorsoftheviralpolymerase,often knownasnukes.Thesearegivenchronically.Thesecondclassisthepegelatedinterferon,whichisgivenasaninjectableweekly for48weeks. Thesetwoclassesofdrugsareefficaciousinreducingviremia,decreasinginflammation,decreasingfibrosis.Theyreducetherisk ofdevelopmentofHCC,buttheydonoteliminateit.And,importantly,neitherclassresultsinsignificantcurerates.Andbycure, wearetalkingabouttheabsenceofviralproductsinbloodandareflectionofcontrol,immunologicalcontroloftheviralinfection. Itisclearthatpatientsneednewoptions,patientsthatarefacinglifelongtherapyinthisgroupofnukes.Interferonshavepoor tolerability;newantiviraltherapiesareneeded. Sobysilencingallviralproducts,aswewilldiscussinthefollowingslides,ALN-HBVisexpectedtoelicitacombinationofantiviral mechanismsthatwillleadtoincreasedviralsuppressionwithinthehepatocytesandreactivationofaneffectiveimmuneresponse thatwillleadtocontroloftheviralinfection,alsoknownasfunctionalcure. Ifwegotoslidenumber12,forALN-HBVweapplythesameframeworkthatweuseforalltheotherprogramsintheAlnylam pipeline.Itstartswithagenetically-validated,liver-expressedtargetgene;andliverbecausetheliveriswhereourdelivery solutionsfunctionmostefficiently.InthecaseofALN-HBV,theHPVvirus,whichisthedirectdisease-causingagent,isthetarget. ThesecondpartoftheframeworkistheincorporationofbiomarkersinPhase1toevaluatethedrugcandidatepharmacodynamic performanceandtounderstandthedoselevelandthedoseregimenthatcanbeappliedinsubsequentPhase2and3trials. Thelastaspectoftheframeworkistheincorporationofwell-definedendpointsforapproval.ForHBV,wewouldbelookingtoelicit asustainedvirologicalresponseafterdiscontinuationofalltherapies.SonotonlyofALN-HBV,butanyothertherapiessuchas nucleosideanalogues,andthesewouldbefollowingafinitecourseoftreatment. Slidenumber13shows--beginstoshowmoredataonthecandidateandthisisdatathatwehadsharedbefore.Wehavechosen ansiRNAtargetsitethatishighlyconservedacrossallviralgenotypes.Ithasa97%perfecthomology,which,ifweallowone mismatch,thathomologyacrossgenotypesAtoJrisesvirtuallyto100%. ThesiRNAtargetsiteislocatedintheXopenreviewframe.Thatisaregionthatispresentinallviraltranscripts,whichinthe graphiconthetoparedepictedasbluelines. BasedonbioinformaticsandlimitedexpressionanalysesofRNA,weexpectthatthistargetsitewillnotonlyleadtosilencingofthe viralgenomeexpressedtranscripts,butalsotranscriptsthatareexpressedfromintegratedviralgenomeintothehostDNA.By beingpresentinallthetranscripts,asinglesiRNAwillbecapableofsilencingalltheRNAs.ThesearethelongRNAsthatcodefor thepre-genomicRNA,thetranscriptthatservesasthetemplateforviralreplication,aswellastheRNAsthatcodeforthecore protein,theEantigen,thepolymerase;andthosethatarecodedbysmallertranscriptscodingforthesmall,medium,andlargeS antigenandtheXprotein. Bysilencingalltheseviralproductsatonce,wearedefactoelicitingacombinationofantiviralmechanisms,similarlyofwhatwould beachievedifweweretocombineanucleosideanalogtoinhibitapolymerase,acoreinhibitor,asecretioninhibitor,andthefuture Xproteintargetingtherapies. Ifwegotoslidenumber14,onthetopthereisadepictionoftheconjugatestructure.SothesiRNAthatwasselectedtotargetthis targetsiteintheXopenreviewframewasmodifiedapplyingourenhancedstabilizationchemistryanditwasconjugatedfromthe three[prime]endofthesensestrandorthepassengerstrandtoa[tri]N-acetylgalactosaminesugar.Aswehaveshownwithother candidates,thistriGalNAcmechanismofdeliveryisveryeffectivefortargetingsiRNAstohepatocytesafterasubcu administration. ButshownonthebottomleftisastudydoneinasurrogatemousemodelofHBVinfectionusingtheadenoviralvectorexpressed HBVgenomeandmeasuringthelevelsofSantigenreductionintheserumofthemiceafterasinglesubcuinjection.Asyoucan see,thereisadose-dependent,profound,anddurablesilencingofSantigen. Wehaveseenthatthesinglesubcudoseachievesover2logsandthatreductioncouldlastoveramonthtotwo.Instudiesnot shownherethatwerepresentedbefore,wehaveshownthatmultipledosingcanfurtherextendduration. ©2015,AlphaSense,Inc.AllRightsReserved.AlphaSenseisaservicemarkofAlphaSense,Inc.Allothertrademarksmentionedbelongtotheirrespectiveowners. Ontheright,therearetwoimages.TheseareimmunohistochemistryofSantigenexpressionintheliveroftheseAAV-HBVmice. Andasyoucouldsee,asingledoseof3milligramsperkilogramofALN-HBVcanleadtosignificantsuppressionofSantigen proteinlevels. Inslidenumber15,weareshowingthetargetproductprofileforALN-HBV.Again,bysuppressingtheproductionofallviral products,wearegoingtobeelicitingacombinationofantiviralmechanisms.Andbysuppressingtheproductionoftolerogenic HBVantigens,wewillbepromotingtheemergenceofaneffectivehostimmunityagainstthevirus,whichinturnwouldleadtoa long-termfunctionalcure. Wearelookingtohaveasix-dosemonthly100to200milligrams,acourseoftreatmentthatwouldbe12to24months,afterwhich wewouldbelookingtohavesustainedbiologicalresponseaftercessationofalltherapies.Forsafety,obviouslywe'relookingto haveawell-tolerateddrug,includingincombinationwithothertherapiesexistingandindevelopmentforHBVinfection,including immunomodulatorytherapy. Slidenumber16depictstheongoingPhase1/2studyforALN-HBV.AswithallPhase1studies,theprimaryobjectiveissafetyand tolerability.Thesecondaryobjectiveispharmacokineticsofthedrugandantiviralactivity,lookingattheproductionofviralantigens: inbloodSantigenandEantigenforEantigenpositivepatients.Andplanned,butnotshownhere,wouldbeeffectsonHBVDNA. Thestudyhasthreeparts.PartAisasingleascending-dosestudyinhealthyvolunteers.Thedosestartsat0.1milligramsper kilogram,0.3,1,3,andwouldhavetwooptionalcohorts.PartAofthisstudywasinitiatedinJuly2016intheUK. ThiswillbefollowedbyaPartB,asingleascendingdoseinchronicHBVpatientswhoarestablysuppressedwithnucleoside analoguesforover12months.Again,thedosesaresimilar,0.1,0.3,1,3andwehavethreeoptionalcohorts.Thiswillbefollowed byPartC,multipleascendingdoseinpatients,alsostablysuppressedonnucleosidetherapyforover12months.Herewewould belookingatfourmonthlydoses. Soslide17givesasnapshotofthecompetitivelandscapeforHBV.AndbeforeIgointomoredetail,Iwanttohighlightamistake ontheslideforARC-521:thetextonthefirstrowitshouldbeonthenextrowforArbutus-1467.Thatmistakewillbecorrectedin theslidethatwillbedownloadablefromourwebsite. SoforALN-HBVwearelookingatasubcuinjection,noneedforpremedication,well-behaveddrugasprovenbyotherpipeline candidatesformultipletherapeuticindicationsandtargetintheliver.Weunderstandtheperformanceofthesedrugcandidates,the doseresponse,theduration,andthisiswhatweareexpectingtoseeforALN-HBV. Theotherprogramsaremoreadvanced.WehaveARC-520andARC-521.BothusetwocholesterolsiRNAsthataregivenbyIV infusionincombinationwithanagentthatisrequiredforendosomalreleaseofthesiRNAandactivityofthesiRNAliver;thatisthe GalNAcmellitin-likepeptide.ThesearegivenbyIVinfusionwithoralantihistaminepremedication.SofaronlydataforARC-520 hasbeenreleasedandhasshownlowactivity,lowefficacyinEantigenpositivepatientswithverypoorefficacyinEantigen negative. TheArrowheadteamhasdoneveryelegantstudiesinchimpsshowingthecontributionofSantigenfromintegratedDNAasa possibleinterpretationforthelackofefficacyofthecandidateintheEantigennegativepatients.Forthattheyhavedeveloped ARC-521asafollow-ontherapyinwhichinadditionoftargetingansiRNAtotheXopenreadingframe,theyhaveasecondsiRNA targetingtheSantigenfrombothsources,theintegratedDNA,aswellastheviralgenome. Arbutushastwocandidates:1467isintheclinic,afollow-onis1740.Inthiscaseitisalipid,notaparticleformulation,thatisgiven byIVinfusionandrequirespretreatmentwithsteroids.AndknowthatsteroidpretreatmentiscontraindicatedinchronicHBV. TheemergingdataforArbutus1467alsoshowssignificantunderperformancewith0.1to0.6logdeclineofSantigenin--sorryin Eantigennegativepatients.ThenextcandidatewillbetheIonisGalNAc-targetedanti-sense,whichisgivenbysubcuinjection.It leveragestheAlnylamGalNActechnologyfordeliveryandiscurrentlyinPhase2andnodatahasbeenreleasedyet. But,again,goingbacktoALN-HBV,weareexpectingthatitwillbewellbehaved;thatthesiRNAwillbeabletotargetbothS antigenfromthe--notonlytheDNAgenomeofthevirus,butalsotheintegratedfragments.And,importantly,thereisnoneedfor premedication. Goingtoslide18,aswethinkoftheperformanceofALN-HBV,wearealsothinkingofadditionalindicationsthatwillbeappropriate forourdrugcandidate.AndweareusingthisopportunitytodaytointroducetheconceptoftargetingALN-HBVinchronichepatitis Dvirusinfection. ProfessorWedemeyerisgoingtogointomoredetailaboutthediseaseandtheopportunity,butjustasaquickintro,thechronic-theHDVvirusisanRNAsub-virusthatdependsonpre-existingorco-infectionwithHBVinorderforthevirustopropagate.There isabout5%,5%to10%ofpatientswhohavechronicHBVinfectionareco-infectedorsuperinfectedwithHDV.There'satotalof about15millionto20millionpatientsinfectedworldwidewithabout80,000patientsintheUS. Itisaverysevereinfectionandtherearenocurrentcurativetherapiesavailable.Peginterferonhassomesmallresponse,butit's notdurable,andthereisatremendousneedfornewtherapies.SoaswethinkofALN-HBVanditsabilitytosuppressthisantigen frombothsources,theintegratedDNAandtheCCCDNA,wearelookingattwopotentialoutcomesinHDV. OnewouldbeHDVsuppression,wherepatientswillreceivechronic,ongoingtherapyforreductionofSantigen;thereby,directly suppressingHDVreplicationandHDVviremia.ThenextisthatifweareabletoinduceanimmunecontroloftheHBVinfection, ©2015,AlphaSense,Inc.AllRightsReserved.AlphaSenseisaservicemarkofAlphaSense,Inc.Allothertrademarksmentionedbelongtotheirrespectiveowners. thenthatbyitselfwillresultinachronicHDVcure. Sotowrapupmypartofthepresentation,weareexcitedofthinkingaboutALN-HBV,notonlytoelicitfunctionalcuresforchronic hepatitisB,butalsoforchronichepatitisDelta.Imadeallthesepointsduringmytalk. Again,Iwanttohighlightthatwiththismechanism,thisdrugformatwearelookingatlowvolume,infrequent,subcudosing;no needforpremedication.Wearethinkingthatthiswillleadtoimprovedcomplianceduetoconvenienceofthisinfrequentdosing, goodtolerability,andwe'reexpectingthatwewillbeabletoreachacrossthedifferentchronicHBVpatientsegmentsincluding youngimmunetolerantandpatientsthattodayareoutsidethetreatmentguidelines. Anotherpointisthat,forourdrugs,theyarestableatroomtemperatureandaswearethinkingofchronicHBVbeingaglobal problem,particularlyinAsiaandAfrica,nothavingacoldchainitreallysimplifiesglobaldistributionandaccessingthepatientsin need.SowiththatIwillpassitontoPushkal. PushkalGarg,AlnylamPharmaceuticals,Inc.-SVP,ClinicalDevelopment Thankyou,Laura.AndthankyouforgivingusagreatoverviewoftheALN-HBVprogram,thepharmacology,thenonclinicaldata andframingoutthisinterestingopportunityinhepatitisD. WeareveryfortunatetodaytohaveProfessorHeinerWedemeyerherewithus,whoisamanagingseniorphysicianandassistant professorintheDepartmentofGastroenterology,Hepatology,andEndocrinologyatHannoverMedicalSchool.Dr.Wedemeyeris anexpertinhepatitisDvirusandhehasagreedtotalktousandgiveus--educateusallabouttheunmetneedandbiologyofthis infectionandwhereALN-HBVmayplayarole. Dr.Wedemeyer? HeinerWedemeyer,HannoverMedicalSchool-ManagingSeniorPhysician&AssistantProfessor,Departmentof Gastroenterology,Hepatology,andEndocrinology Thankyouverymuch,Pushkal,forthekindintroduction.And,indeed,IalwaysliketospeakabouthepatitisDelta,whichisa largelyunderestimatedliverdiseaseworldwide.Notonlyin,let'ssay,developingcountries,butinparticularalsoinWestern countriesandalsoNorthAmerica,theimportanceofhepatitisDeltaandseverityhas,inmyview,notbeenappreciatedenough overthelastyears. WhatIthoughtisbrieflytointroducetoyouthediseaseandalsothecurrenttreatmentlandscapeandverybrieflythentogive someideashowto--whatcouldbepassedtonewtherapiesforhepatitisDelta. Onslide22,Ihavetohighlightmydisclosures,whichisobviouslyimportant.Thisincludesalsoconnectionstocompanies developingdrugsnotonlyforhepatitisB,butalsospecificallyforhepatitisDelta. Onslide23youcanseeanotherpictureoftheschemeofthehepatitisDeltavirus.Lauramentionedalreadythatthisisaquite uniquevirus.ItisanRNAvirusthathijackshepatitisB. Itisthesmallestofallknownanimalviruses.IthasaveryparticularstructurewithRNA.Importantly,thevirusitself,thegenome, doesnotencodeforownviralenzymes.Meaningitisnotpossibletodevelop,let'ssay,polymerizeinhibitorsorproteaseinhibitors againstHDVbecauseHDVuseshostenzymesforreplication. Itdoesonlyencodeforonesingleantigenwithsomepost-translationandmodificationstepssothatintheendinthecellthereare twoantigens,thesmallandthelargeHDantigen,butencodesonlyoneantigen.AndthenbasicallyaroundthisHDVRNAwiththe antigen,youhavethesurfaceantigenofthehepatitisBvirus.Thisisbasically--therefore,youhavetheidenticalmodesof transmission;it'saco-infectionofhepatitisBvirus. Weareunderstandingnowinmoredetailthebiology,theimportanceofthedifferentHDVantigens,butagainIhavetohighlight herethatwehaveyetnodirectmechanismstotargetvirus-specificproducts. Soifthisisaco-infection,thenobviously,asshownonslide24,youhaveeithersimultaneousco-infectionoryouhavepatients whocarryalreadythehepatitisBvirusandhavebecomesuperinfectedwithHDV.Incaseofacuteco-infection,thisusuallyleads toverysevereacutedisease;morefrequentfulminantdisease,frequentlywithfataloutcomes,butthisfortunatelyhasbecomea ratherrareevent.Whatismorecommonisthesuperinfection,soyouhavepatientscarryingHBVwhobecomesuperinfectedwith HDVandthenthesepatientsdevelopchronicdiseasein90%ofthecases,whichalsoismoresevere. Theprevalenceworldwide,shownonslide25,andthereyoucanseeaquiteheterogeneouspicture.Youhavecountrieswithlow HDVprevalenceandthenyouhavedistincthotspots.Forexample,intheAmazonianareainwesternBraziltheyhavesome villageswithextremelyhighDeltaprevalence. YoualsohavecountrieslikeMongolia.InMongolia,therearemorepatientsdyingfromHDVthanfromcardiovasculardisease.So it'sextremelyprevalentthere. AndalsoinEuropewehavesomecountrieswithhighprevalence.Forexample,inRomaniaupto20%ofthehepatitisBpatients areco-infectedwithHDV. ©2015,AlphaSense,Inc.AllRightsReserved.AlphaSenseisaservicemarkofAlphaSense,Inc.Allothertrademarksmentionedbelongtotheirrespectiveowners. Theotherpointisthatwehave,likeforotherviruses,alsodifferentgenotypes.ThemostfrequentgenotypeintheWesternworldis genotype1infection,whileyouhaveothergenotypesinAfricaandSouthAmericaandalsoinEasternAsia.Butforusgenotype1 isthechallengeandthebiggestproblem. Onslide25,thisisjustoneexampleshowing--or26--thatit'salsoprevalentinHIV-infectedpersons.Ithasbeenshownthatthis isassociatedwithmorbidityandmortality.SoifDeltais--youcanfinditfrequentlyworldwide,thenthenextquestionis,well,why hasitbeenunderestimated?ThebiggestchallengeisforusdoctorstoeducatethecolleaguesthattheysimplytestforDelta. Justoneexampleonslide27,thatintheUSlessthan10%ofHBSantigenpositivepatientshaveactuallybeentestedforantiHDV.AndasIgivemyeducationaltalkstogeneralpractitioners,togastroenterologists,usuallymyfirstslideforDeltaisremember onlyonethingfromthistalk:TestyourBpatientsforDelta.Andthisisthemostimportantfactoratthisstage. Justoneexampleonslide28thatDeltaisreallytakingaseverecourse.ThisisdatafromGreece,wheretheycomparedthe outcomeofco-infectedpatients,D/Bco-infected,versusBmono-infectedpatients.Reallyshowingtheseverityofthediseasethat afteronlyfiveyearsorsixyearsofinfection,morethanone-thirdoftheDeltapatientshadalreadydevelopedcomplicationsofliver disease.Andthere'sotherdatafromdifferentcountriesreallyconfirmingtheseverityofthischronicviralinfection. Onslide29,thisiskindofhistoricalviewwherewehaveseen,let'ssay,anevolutionofclinicalpresentationofpatients.Whilein the1980sand1990swehaveseenyoungpatients,frequentlyIVdrugusers,wenowseeolderpatients,immigrantpopulations whichhaveseveredisease.AndontheleftsideoftheslideyoucanseesomereferencesconfirmingtheseverityofDeltawith cohortsfromItaly,fromSpain,fromGermany,andalsofromothercountries. Brieflyonslide30,itisshownthattheHBVgenotypematters.VeryunfortunatelythegenotypewearetalkingaboutinWestern EuropeandinNorthAmerica,HDVgenotype1,showsamoreseverecauseofliverdiseasethan,forexample,genotype2,which canbefoundinEasternAsia.Andmostlikelythemostseveregenotypeisgenotype3infection. Thereisonepapershownonslide31fromSouthAmericareallyshowingthatratheryoungpatients--youcanseeinthethirdrow thattherearemanypatientsbelowtheageof25whohavealreadydevelopedadvancedliverfibrosiswhichisreallyremarkable. YoudonotseethisinhepatitisCmono-infectionandhepatitisBmono-infection,butyoucanseepatientsatanageof20,25years whohavedevelopedlivercirrohosisincaseofhepatitisDelta. Sothenthenextquestionthenobviouslyonslide32is,ifthiscanbereallyaseveredisease,doesittakeaseverecourseinevery patient?Howcanwe,fromtheclinicalperspective,identifypatientswithahigherriskfordiseaseprogressionandthenobviously alsowithahigherneedfornovelantiviraltreatmentapproaches? Wecanlookforsimplebiomarkers.Forexample,onslide33thisisapaperfromourgroupshowingthatyoucanlookforanti-HDV IgMantibodies,whichyoucanalsofindinchronicdisease.Andiftheseantibodiesareabsent,thenyouusuallyhaveamilder courseofdisease.Whileiftheseantibodiesarepresent,thenthesepatientshaveahigherriskfordiseaseprogression. Andonslide34weareshowingaclinicalscorewhichwedevelopedhereinHanoverwherewecoulddistinguishthreegroupsof patientswithanintermediatecourse,abenigncourse,andaseverecourseofliverdisease.Thisisaclinicalscorewhichweusein ourpracticetoidentifypatientswhich,forexample,shouldreceiveinterferontreatment,whichIwillmentioninoneminute.Andon slide35,youcanseethatthisscoredoesn'tonlyworkinmycourthereinHanover,butalsoinBarcelonaandDusseldorf. Okay,sowhatcanwedonow?TreatmentofhepatitisDelta,slide36;Ishowedyouthisdiseaseisnotinfrequent.Ishowedyou thatthediseaseissevere.Whatcanwedo? AsImentionedbefore--thisistheslideIshowedinthebeginningonslide37already--therearenoHDV-specificviralenzymes. SonoHDVprotease,noHDVpolymerase,whichisobviouslyachallenge.Wehaveinprinciplethentheoptionoftargeting somethingcommontoHBVandHDV:soHBVentry,targetingthemothervirus,HBV,orsome,let'ssay,post-translationalspecific stepstoHDV,whichisalittlemorechallenging. AndasthedrugswehaveforHBVdonottargetdirectlyHBV,obviouslytheHBVpolymeraseinhibitorsdonotwork.Therefore,we areleftwithinterferon,sotheotherconceptthatLauraintroducedtoyoualsoforHDVinfection.Thisisshownonslide38.This wasthelandmarkpaperthatweperformedwithGermancenterstogetherwithcentersinGreeceandTurkeywhereweused interferon--peginterferonalfa-2a,eitheraloneorincombinationwithapolymeraseinhibitoragainstHBV,whichwasatthattime adefovir. Themessageofthatslideisbasicallythat,yes,interferonworksagainstHDV,butonlyin,let'ssay,one-quartertomostlyone-third ofthepatients.Andalsothat,astobeexpected,thecombinationtherapywasofsimilarefficacyascomparedtotheinterferon monotherapy,wheretherewasnoeffectofthepolymeraseinhibitoragainstHBValone. Sothiswasthemainmessageofthatpaperandwhatwefoundatthatstageisthattheremayhavebeenasynergisticeffectof bothdrugsagainstthemothervirus,orHBV,intermsofHBSantigensuppression,whichwasaninterestingnote.Butadefovir todayisnolongerusedbecauseadefovirisassociatedwithrenaltoxicityand,therefore,itbasicallyisnolongerrecommendedby guidelines.Andasadefovirisnolongerrecommended,thequestionnowwhataboutcombininginterferonwithtenofovir,the currentstandardofcareforhepatitisB.Wealsoperformedatrialinvestigator-initiatedandonslide41youcanseethedesign. Sowedidinvestigateinterferonplustenofovirandthenweusedthisregimennotonlyforoneyearbutalsofortwoyears.96 weekswetorturedourpatientswithinterferon.Icantellyouthiswasinclinicalpracticenotfunatthatstage,butwedidit.We completedthetrialandonslide42youcanseetheresults. ©2015,AlphaSense,Inc.AllRightsReserved.AlphaSenseisaservicemarkofAlphaSense,Inc.Allothertrademarksmentionedbelongtotheirrespectiveowners. It'sabusyslide.Themessageforyouistheunfortunatethingisthatevenbyextendingtreatmentdurationto96weeks,wecould notincreaseoverallresponseratesandthisisshown.So24weeksaftertheendoftherapyonlyaroundone-quarterofpatients werestillHDVRNAnegative.Westillhadpost-treatmentrelapsesandthiswasveryunfortunate.Sopersonalizingtreatment durationdidnotreallyhelptothepatients. Andonslide43wealsolookedfortheHPSantigen.TheslidebeforewasHDVRNA;nowwe'relookingtothehepatitisBsurface antigenandsotheeffectonHBV.Andtherewasnolongeranysynergisticeffectbetweentenofovirandinterferon,soitdidnot makeadifferencewhetherweusedinterferonaloneorincombinationwithtenofovir.Meaningthatthereis,atthisstage,noroleof combinationtherapyforhepatitisDelta. Andthenwehadafurtherchallengeandthisisintroducedonslide44andthenslide45.Sowhatishappeningifyoufollowour patientsafterinterferontherapyfurther?SomeofyoumayfollowtheHCVfieldandthereweareusedtotheendpointsustained virologicalresponse.Meaning,ifIamnegative12or24weeksaftertheendoftherapy,thisisalmostequivalenttoviralelimination fromthebody,sothisisreallycure. ForDelta,thisisnotthecase.SomepeoplemakejokesaboutmebecauseIpublishedintheNewEnglandJournalofMedicine thatIcured25%ofHDVRNApositivepatientsandthreeyearslaterwepublishedinHepatologywewereactuallywrong.Thatwe disprovedourNewEnglandJournalofMedicinepaperbecausethosepatientswhowerenegative24weeksaftertheendof therapy--andthisisshownontherightsideofslide45--thatmanypatientsrelapsedthereafter.SointerferoncansuppressHDV insomepatients,butitdoesnotinducelong-termcure. Forclinicaldevelopment,it'sstillimportantdoesthistreatmenthaveclinicaleffects?FDAandEMA,theywillnotonlyaskformy surrogatesHDVRNAsuppressionalso,buttheyobviouslywanttoapproveadrugonlyifthereisaclinicallong-termeffect.And thishasbeenquestionedbytheagenciesandbymanycolleaguesinthefieldwhetherthepatientbenefitsifIsuppressHDVRNA andmaybeevenifIloseSantigen. There'sveryolddatabyPatriciaFarcishownonslide47,whereshelooked10yearsafterinterferontherapyandcouldseeif patientsreceivedhighdosesofinterferonthatthenthesurvivalofpatientswasbetter.Butthiswas,let'ssay,interferonusedinthe early1990s,oldinterferons;threetimesweeklyinjections. WejustpublishedinHepatology--thepaperisinpress,notyetonline;shouldgoonlinenextweekorso--thatinterferon-treated patientsorpeginterferontreatedpatientsreallybenefitiftheyrespondtotherapyandthattheyhaveabetteroutcomethanpatients whohavenotbeentreatedwithinterferonorreceivednukesHBValone.Thisisshownonslide48. Andveryimportantly,onslide49,whichmaybethenrelevantforthenewideastogetridofHBsantigenfromthebody.For example,rightnowourapproachistoreduceSantigen,andevenmaybetoeliminateHBsantigen,isthisagoodthingforthe patient?Youcanclearlyseeherethatthosepatients,veryfewpatientswholostHBsantigeninourcohorthereinHanover,they hadamuchbetteroutcomethanpatientswhoremainedHBsantigenpositive.Suggestingthatthisisaveryhardendpoint,which hopefullythenalso--nothopefully;whichshouldbeacceptedalsobyagencies. Onslide50thenthisisasummaryofthemanagementofhepatitisDelta.Fromaclinicalperspective,Icandistinguishpatientswith milddiseasebutalsoveryseveredisease,sothoseguyswhorequireimmediatetreatment.Wehaveonlyinterferonastheonly effectivetreatmentoptions.However,long-termfollow-upisrequiredandIshowedyouthatthereisnocureforhepatitisDelta. Andtheproblemisalsothatonlyone-quarterofpatientsintheendbenefitfrominterferontreatment.Andtheotherproblemisthat it'snotonlythatonlyone-quarterofpatientsrespondtointerferon,theproblemisthatmostlyhalfofthepatientscan'tactuallybe treatedwithinterferon,becausethemajorityofpatientshaseithertooadvanceddiseaseorhascontraindicationsforinterferon. Sothelong-termbenefitofinterferontreatmentforDeltaisintheendonlylessthan10%ofpatientshavealong-termbenefitof interferontherapy.Therefore,wehaveahighurgentneedfornoveltherapiesagainstDelta. Maybewecanswitchslide51and52anddirectlymovetoslide54,wherewecanhaveanothersketchofthelifecycleofHDV, whicharethepossibleideastotreathepatitisDelta.Oneobviouslyistoblocktheentryoftheviruses,bothBandD. Thereisdata;thereistheentryinhibitormyrcludexdevelopedbyStephanUrbanandfirstproof-of-concepttrialinveryfew patients,14patients,hasrecentlybeenpublishedintheJournalofHepatologyinSeptember,showingthatmyrcludexisableto blockHBVandHDVentryandthismayhaveaneffectonHDVlevels.Buttherearemoretrialsneededreallytoidentifythose patientswhoreallybenefit. Onslide56,thereisillustratedthattheremaybeanotherspecificstepoftheHDVlifecyclewhichcouldbeusedasanantiviral target.Thisistheso-calledprenylationinhibition,sothisisadistinctstepwhichblocksvirionassemblyandpackingofviral particlesbyblockingthefarnesyltransferase.Andindeed,herewehavealsothefirstproof-of-conceptdatabeingpublishedand thisisshownonslide57. LastyearattheNIHtrialontheprenylationinhibitorlonafarnib,whichshowedadose-dependentreductionofHDVviralloadin thesepatients.ThesepatientsreceivedtreatmentforfourweeksatASLD;thisyearinBostontherewillbemoredatawhereI,for example,willpresentadoseescalationstudyonthiscompound.Butthecompoundalsohassideeffects,GItoxicity,andwehave toseehowtheclinicalimportancewillbetheninthelongterm. ThelastoptionfortreatmentofDeltawouldbethentoblocksubviralparticleformation.Thereisalsosmallproof-of-concepttrials whichhavebeeninitiated.Alsoherewearelackingyetfully-publisheddata,butthisisanothertheoreticalideaforanewtreatment ©2015,AlphaSense,Inc.AllRightsReserved.AlphaSenseisaservicemarkofAlphaSense,Inc.Allothertrademarksmentionedbelongtotheirrespectiveowners. inhepatitisDelta. Sotosummaryonslide59,asImentionedinterferonremainstheonlytreatmentoption.WehaveHBVentryinhibition,prenylation inhibition,andblockofparticleformationaspotentialnewideaswhicharecurrentlyexploredinclinicaltrials. Butthemostimportantmessageisobviouslyintermsoforconsideringtheseverityoftheliverdisease,weneedreallynovel strategiestoachieveHBsantigenclearancebecause,obviously,cureofHBVwillalsobecureofHBV/HDVinfections.Andone may--fromtheclinicalperspectivepeoplemayquestiondowereallyneednewtherapiesforhepatitisBifwehavealreadythe goodnukes?IcantellyouwedefinitelyneednewtherapiesforhepatitisDelta.It'sanunmetneedandmanyofthesenew strategiesshouldurgentlybeexploredalsoagainsthepatitisDelta. Finally,onslide60IwanttohighlightthatwehaveinitiatedaninternationalhepatitisDeltanetwork,whichisalargedatabaseof morethan1,000patients,whichshouldallowusalsotovalidatesurrogatesforthelong-termoutcomeandalsotoidentifypatients beingtreatedindifferentregionsoftheworld. SothiswasmyintroductiontoDeltaandIturnitbacknowtoPushkal.Thankyou. QUESTIONSANDANSWERS Answer–PushkalGarg:Thankyou,Dr.Wedemeyer.ThatwasreallyelucidatingandveryhelpfuloverviewofhepatitisDeltaand thebiologyandemergingtherapies. Atthispoint,we'regoingtoopenitupforquestion-and-answerforbothofourspeakers.Asareminder,pleasesubmityour questionsbyclickingtheAskaQuestionbuttonlocatedabovetheslidewindowonthewebcastplayer. We'llgiveamomentforquestionstocomein.We'vestartedtogetsomecomingin,somaybe--thefirstone,Laura,isforyou whichisyou'vetalkedaboutthePhase1/2studythat'songoing.Whataretheplansnowintermsofwhenefficacyand/orsafety datawillbereportedoutfromthatstudy?Andcanyoucommentonthestatusatall? Answer–LauraSepp-Lorenzino:ThePartAofthestudystartedinJulyofthisyear.WearedoingPartAintheUKandPartsB andCarebeingdoneintheUKandsixAsiancountries.We--aswehadannouncedbefore,weexpecttoprovideanupdatemid 2017,soatthisstagethereisnothingtoreport. Answer–PushkalGarg:Great,great.Theotherquestionthatcameinforyou,Laura,wasyouhadspokenabitaboutsingle agentversuscombination.SocanyoutalkalittlebitabouthowyouarethinkingaboutwhetherALN-HBVwillbepositionedand howit'sgoingtobestudiedandwhatpotentialtherapiesmightitbecombinedwithgoingforward?What'stherangeofoptionsand howwillyouunderstandthat? Answer–LauraSepp-Lorenzino:That'sanimportantquestion.InourPhase1trialit'salreadydesignedasacombination therapy,sowearelookingatpatientswhoarestablysuppressedbynucleosideanaloguestenofovirandentecavir.SotheirDNA replicationshouldbeorviremiashouldbecontrolled. However,asweknow,nucleosideanaloguesdonotsignificantlyimpactSantigensasareflectionofcontinuedtranscription happeninginthehepatocytes.ThefirstcombinationthatwearedoingisalreadyinPartsBandCwithnucleosideanalogues.And althoughwedon'texpecttoseeanydeclinesinDNAbecauseit'snotdetectable,wedoexpecttoseeinhibition,knockdownofS antigen,andEantigenintheEantigenpositivepatients. ForthePhase2,wearegoingtobeexpandingthenumberofcombinations.OneobviouslyisthecombinationofnukeswithALNHBVsuccessiontoleadtofunctionalcureinapercentageofpatients.Butthenwhatothertherapies? IntheUSpegylatedinterferonisnotcommonlyused;however,weareconsideringthatcombinationex-US.Andthenasnew mechanismsarebeingdeveloped,likecoreinhibitorsforexample,thisisofinterestforustoevaluateinvestigationaldrugs.And it'simportantaswethinkofthestrategyoftakingtwoinvestigationaldrugsintoshort[biomarketrange]Phase2studies. Last,butobviouslyveryimportantly,isalsoanyimmunomodulatorytherapies,notonly--.Sothereissomeworkon(inaudible),but wehaveseenpresentedby,forexample,Dr.UlrikeProtzerveryinterestingpreclinicaldatainwhichanimalsweretreatedwitha shorthairpinRNAtoreduceexpressionofallviraltranscripts,similarlytowhatwearedoingwithALN-HBV.Andfollowedbya therapeuticvaccine. InthissequentialtherapytherewasasignificantincreaseinTcellsspecificforHBV.Sothatleadsintoapotentialcombination therapyinwhichpatientswillbefirsttreatedwithALN-HBVandthenfollowedupwithatherapeuticvaccine.Andthatmaybe, obviously,veryimportantinthosepatientsinwhichimmunesuppressionisalmostorcompletelysuppressed. SoifthereisnoT-cellfunctiontobereactivated,wemayneedtogeneratenewTcells,whichintheabsenceofantigensmaylead toasustainedvirologicalcontrol--immunologicalcontrolofinfection. Answer–PushkalGarg:Great.Thankyou,Laura.ProfessorWedemeyer,aquestionforyou.Thequestionisjustaroundisthe incidenceand/orprevalenceofHDVgrowingandwhy?Isitamatterjustofdiagnosisorwhat'shappeningintermsoftheoverall epidemiologyofthedisease?Istheincidenceactuallyofnewinfectiongrowing? ©2015,AlphaSense,Inc.AllRightsReserved.AlphaSenseisaservicemarkofAlphaSense,Inc.Allothertrademarksmentionedbelongtotheirrespectiveowners. Answer–HeinerWedemeyer:Thisisdifferentfromcountrytocountry.InWesterncountrieslet'ssaythenumberofpatientswe seeintheclinicisincreasing,butthis,inmyview,reflectsabetterdiagnosticfrequency.Thatphysiciansarefollowingour guidelines. Whiletherearesomecountries,likeinMongolia,whereitreallylooksliketheincidenceisstillincreasing.There'sstillpatientpatienttransmission.Inothercountries,likeinItaly,therehasbeenasignificantdeclineoverthelast10,15,20yearswith concurrentpreventivemeasuresalsotopreventHBVinfection. So,overall,it'sdiverse,butIthinkit's--forusit'snotreallythequestionwhetherthediseaseisincreasingyesorno.Ithinkwefirst havetodoourhomeworkandsimplytodiagnosethosepatientswhoarewalkingaroundthere.AndoncewehavedonethatjobI thinkwehaveidentifiedsomanypatientswhichrequireurgenttreatment,sothisshouldbethepriorityofourpublic-healthefforts forDelta. Answer–PushkalGarg:That'sgreat.Maybeafollow-upquestionthatcameinforyou,Dr.Wedemeyer;wastalkingaboutthe unmetneed.You'vecertainlyhighlightedthecriticalityofthisdisease,butaretheresubsetsofthepopulationthathaveparticular unmetneedorthatmaybe,conversely,moreamenabletotreatment? Youtalkedaboutariskstratificationscorethatyoudeveloped.Maybeyoucanelaboratealittlebitmoreonwheretheunmetneed isgreatestandwhichpopulationmaybemostamenabletoanRNAitherapeuticapproach. Answer–HeinerWedemeyer:Obviously,fromaclinicalperspective,Ihaverightnowmyinterferon.Ihaveusedinterferonon manypatients,sothemosturgentneedisforthosepatientswhoareeitherintoleranttointerferonorwhereinterferonhasalready failed.Thosepatientsareleftwithnothing,soIurgentlyneedsomething. Fromtheoverallclinicalperspective,obviouslywehavemanyratheryoungpatientswhoareintheageofwithin20,30,35and whohaveaprettyprogressivecourseofliverdisease.Andtheonlyoptionfortheseyoungindividualsisactuallyliver transplantation. YoucanimaginethatifIwouldhavesomethinginhandthatwouldreduceHDVreplication,thatwouldreduceHBsantigen replication,Iwouldimmediatelyusethis,butparticularlyintheseyoungadultswithchronicadvancedHDVinfectionwhoareat highriskofdiseaseprogression. AndwhereIcantellyouit'snofunintheclinictocounselthesepatientsandtotellthem--whentheyask,whatcanyouofferme? Andyousay,well,nothing;justwaitforyourcomplicationoryourcancerand,ifyou'relucky,Imaygetanorganforyou.Andthat's allIhave.SothisisreallysomethingwhereIneedsomethingnew. Answer–PushkalGarg:That'sreallyhelpful.Anotherquestionthathascomeinisaround--youbothtalkedabouttargetingHB surfaceantigenasawaytopreventhepatitisDortotreatortocurehepatitisD.Canyou--maybeDr.Wedemeyerandthen, Laura,youcanfollowifyouhaveanythingtoadd. Whatshouldbethetarget?We'vetalkedalittlebit--LauratalkedalittlebitabouttargetsintermsofwhatwewouldlookforinHB surfaceantigenknockdown.ButforhepatitisD,whatshouldbethetargetlevelofhepatitisBsurfaceantigenknockdownthat's neededtoclearHDV?AndcouldevenasmallamountofresidualsurfaceantigenbepermissivetoHDV? Answer–HeinerWedemeyer:Thisiscertainlysomethingwhichneedstobe--thehonestanswerisIdon'tknowwhetherthereis aspecificlevelwhichwestillcouldtolerateandwhetherthismayalterthenaturalcourseofdisease.Whatisveryimportanthere forDeltaisthatwereallyneedtogetridofSantigeningeneral.Notonlytotarget,let'ssay,theviraltranscripts,butalsotheS antigenwhichcancomefromintegratedformsofHBV. Andthisis,Ithink,crucialthattheRNAitargetsconsiderthisasapotentialsource,whichwouldbestillsufficienttopropagateHDV replication.Soinmyview,mostlikelyweneedreallytosuppressHBVasmuchaspossibleandalsoSasmuchaspossibleto haveaclinicaleffectonDelta,butanexactthresholdneedstobedeterminedinclinicaltrials. Answer–PushkalGarg:Great.Laura,anythingyouwanttoaddtothat? Answer–LauraSepp-Lorenzino:That'srighton.Whatwedoknowfrompreclinicalstudiesisthatbothdependingonthe sequencethat'sintegratedandwhattypeofSantigentheproteincanexpress,itmaybesufficienttosupportHDVreplication.So, yes,itwillbeimportanttobeabletosuppresswithanRNAidrugbothsourcesofSantigen,theintegratedDNAandtheCCCDNA. Sothatbeingsaid,howmuchdoweneedtoknockdown?Ithinkit's--rightnow,asHeinerclearlyoutlined,therearenotherapies. Sothelowerbarwouldbecanweknockdown1logofSantigenfrombothsources?Andwill--thatisexpectedtoalreadybelead toadecreaseinHDVRNAinviremia.NowthatcouldleadtochronictreatmentofHDVandcontroloftheinfection. Now,gettingbetterandmoreefficaciousobviouslywouldbebetter.Ultimately,if,viathismechanism,wecancureHBV,wewill alsobecuringHDV.ButIthinkthatwecanwalkbeforewerunandfirstunderstandingthedoseescalation.WouldSantigen knockdowncanleadtosignificantantiviraleffectsandthenfromtheregowhataretheregimens,thecombinationsthatwewilllead toaneffectiveHBVcureleadingtoanHDVcure? Answer–PushkalGarg:That'sgreat,thankyou.Ithinkwehavetimeforonelastquestion.Justlookingdownthelist;andmaybe ittiesintothelastconceptthatyoubothwerespeakingaboutandthisone'sforyou,Laura. ©2015,AlphaSense,Inc.AllRightsReserved.AlphaSenseisaservicemarkofAlphaSense,Inc.Allothertrademarksmentionedbelongtotheirrespectiveowners. YouhighlightedthevisionoffunctionalcureinhepatitisB.Maybeyoucouldjustcommentonwhatexactlythatvisionisandwhat doesthatmean?Idon'tknowthatweallunderstandfullywhatthatconceptis. Answer–LauraSepp-Lorenzino:Yes,thereisalotofdiscussionbutalsoagreementonwhatweareenvisioningasafunctional cure.Sowhatwearelookingisaftercessationoftherapyitwouldbeademonstrationofimmunologicalcontrolofinfection,as reflectedbythebloodbiomarkerswithHBVDNAbeingnegative,undetectable,butalsotheSandEantigensbeingundetectable. Andthiscouldbeaccompaniedornotbythepresenceofanti-Santibodies. Ofcourse,everybodywouldwanttoseeafurthercureinwhichwehadasignofcompleteeradicationoftheCCCDNAand integratedDNA.ButIthinkrightnow,giventhestateoftheHBVdrugdevelopment,achievingfunctionalcurewouldbegamechangingformany,manypatients. Answer–PushkalGarg:That'sgreat.Thankyou,Laura,andthankyou,Dr.HeineWedemeyer.WiththatI'mgoingtoturnitover toJosh. Answer–LauraSepp-Lorenzino:Okay.Thankyou,Pushkal,andthankstoourspeakers,LauraandDr.Wedemeyer,aswellas toallofyouonthewebcastforjoiningustoday. ThereplayandslideswillbepostedontheAlnylamwebsitelatertodayatalnylam.com/roundtables,andthetranscriptwillfollow shortlythereafter.Youcanalsoviewthatpagetoaccessanyoftheotherroundtablesfromthisyear'sseries. Thisconcludestoday'sevent.Thanks,everybody,andhaveagreatday. StreetEventstranscriptscontentprovidedbyThomsonReuters ©2015,AlphaSense,Inc.AllRightsReserved.AlphaSenseisaservicemarkofAlphaSense,Inc.Allothertrademarksmentionedbelongtotheirrespectiveowners.
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