Company Profile Novel Solutions for Cartilage Repair Leveraging Regenerative Medicine Innovation with the Ultimate Goal of Improving Patient’s Lives About Histogenics Histogenics is a regenerative medicine company focused on developing and commercializing products in the musculoskeletal segment of the marketplace. Our regenerative medicine platform combines expertise in cell processing, scaffolding, tissue engineering, bioadhesives and growth factors to provide solutions that can be utilized individually or in concert to treat musculoskeletal-related conditions. Our first product candidate, NeoCart®, leverages our platform to provide an innovative treatment in the orthopaedic space, specifically cartilage damage in the knee. Company History Platform & Products Histogenics was incorporated in 2000 with an initial focus of Our regenerative medicine platform is comprised of innovative developing products that meaningfully improve the lives of bioengineering, advanced proprietary materials sciences as patients with defects in cartilage and joints. In May 2011, the well as molecular and cellular biology technologies that can be company acquired ProChon Biotech, Ltd. (ProChon), a utilized individually or in a variety of combinations. privately-owned biotechnology company based in Israel, which enabled a synthesis of products, technology and materials science by establishing a robust scientific and technology platform targeting tissue repair solutions. marketing and commercializing products in the musculoskeletal segment of the marketplace. The company is building its core technology platform and plans to expand its clinical products’ therapeutic applications to develop new and innovative solutions for musculoskeletal conditions. Histogenics leverages a combination of the latest advances in molecular biology and proprietary materials sciences to create products designed to help improve patient outcomes. NeoCart, is an investigational cartilage implant produced using trial were conducted in the United States. The Phase 2 clinical Histogenics’ goal is to become a leading regenerative medicine developing, create a potential treatment for cartilage damage in the knee. a patient's own healthy cartage cells. A Phase 1 and 2 clinical Company Vision company Our first product candidate, NeoCart, leverages our platform to trial compared NeoCart to the standard-of-care microfracture, and met its objectives for safety and for improvement in pain and function. NeoCart is currently enrolling a Phase 3 clinical trial in the United States under an approved Special Protocol Assessment. Information about the study is available on http://www.clinicaltrials.gov (search term: ‘NeoCart’). NeoCart is a registered trademark of Histogenics Caution: New Biologic. NeoCart is limited by federal law to investigational use only and is not available for sale. For additional inquiries, please email us at [email protected] or call us at 781.547.7900. www.histogenics.com Copyright © 2014 - Histogenics, Inc. - All rights reserved Company Profile Regenerative Medicine such as general wear over time. Unlike other tissues in the body, Regenerative medicine is a rapidly developing, interdisciplinary joint cartilage has no innate ability to repair itself, making any field that is transforming healthcare by translating fundamental injury permanent. Left untreated, even a small chondral defect can science into a variety of products and solutions aimed at repairing, expand in size and progress to debilitating arthritis, ultimately regenerating or replacing function loss caused by injury, disease necessitating a joint replacement procedure. or aging. Regenerative medicine technologies Knee Cartilage Injury encompass a variety of therapeutic approaches, including tissue engineering, We estimate that, based in part on cell-based therapies, gene therapy, historical growth rates reflected in small molecules and biologics, stem a 2011 article in The Journal of Bone cells and biobanking. Any combination and Joint Surgery, over 1 million knee of these technologies may be used to arthroscopies are performed on harness or stimulate the body's innate an annual basis in the U.S. in healing ability in order to treat a wide skeletally mature adults, and based range of ailments, including musculoskeletal-related conditions, cardio- and peripheral vascular diseases, neurological disorders, stroke, non-healing wounds and ocular diseases. on a 2007 article published in The Knee, more than 60% of those arthroscopies may reveal cartilage damage. Cartilage damage is a leading cause of osteoarthritis, a chronic Musculoskeletal Conditions condition in which cartilage breaks down, and the condition most Musculoskeletal conditions, comprised of injuries to or diseases of responsible for the estimated 750,000 knee replacements bones, cartilage, joints, ligaments, muscles, nerves, skin or performed in the United States annually. tendons, are the most common health problem in the United States and are a leading cause of disability and healthcare expenditure according to The Burden of Musculoskeletal Diseases in the United States, a 2011 publication of a coalition of professional organizations including the American Academy of Orthopaedic Surgeons. Based on the commercial introduction of new products and expanded applications of approved products, the musculoskeletal and orthopedics/spine segment of the market (which includes cartilage, bone, nerves, muscles, tendons and ligaments), is projected to reach approximately $13 billion worldwide by 2015 according to a 2011 report issued Debridement and microfracture procedures are the most frequently performed surgical procedures for treatment of cartilage damage. Debridement does not repair cartilage damage, as its only goal is to improve symptoms. Microfracture is considered the current standard of care for severe chondral defects due to its simplicity, symptom improvement in the short-term for many patients, its safety profile and the lack of other alternatives. However, microfracture has been unsuccessful in reliably solving the underlying problem of cartilage damage because the repair tissue formed by the procedure is incapable of withstanding the normal shock and shear forces that joint by MedMarket Diligence. cartilage sustains. Microfracture is also associated with numerous Cartilage Injury long-term patient benefits and extended patient recovery. Joint, or articular, cartilage covers the Autologous Chondrocyte Implantation (ACI) and osteochondral ends of bones and allows for joints to grafting have drawbacks and limitations similar to those affecting glide smoothly with minimal friction. debridement and microfracture, and also are associated with Cartilage damage, or chondral defects, can be caused by acute trauma, such as a bad fall or sports-related injury, or by repetitive trauma, other drawbacks and limitations: modest efficacy, limited technically demanding surgeries and negative safety profiles. Caution: New Biologic. NeoCart is limited by federal law to investigational use only and is not available for sale. For additional inquiries, please email us at [email protected] or call us at 781.547.7900. www.histogenics.com Copyright © 2014 - Histogenics, Inc. - All rights reserved
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