Determined to realize a future in which people with cancer live longer and better than ever before Q Conference Call
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1 Reimagining Cancer Treatment Determined to realize a future in which people with cancer live longer and better than ever before Q Conference Call 1
2 Forward-Looking Statements Disclosure This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of Words such as "may," "will," "expect," "plan," "anticipate" and similar expressions (as well as other words or expressions referencing future events or circumstances) are intended to identify forwardlooking statements. All statements other than statements of historical facts contained in this presentation, including statements regarding future results of the operations of Syndax Pharmaceuticals, Inc. ( Syndax or the Company ), including financial position, strategy and plans, and Syndax s expectations for future operations, are forward-looking statements. Many factors may cause differences between current expectations and actual results, including unexpected safety or efficacy data observed during preclinical or clinical studies, clinical site activation rates or clinical trial enrollment rates that are lower than expected, changes in expected or existing competition, failure of our collaborators to support or advance collaborations or product candidates and unexpected litigation or other disputes. Moreover, Syndax operates in a very competitive and rapidly changing environment. Other factors that may cause our actual results to differ from current expectations are discussed in Syndax s filings with the U.S. Securities and Exchange Commission, including the "Risk Factors" sections contained therein. New risks emerge from time to time. It is not possible for Syndax s management to predict all risks, nor can Syndax assess the impact of all factors on its business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statement. In light of these risks, uncertainties and assumptions, the forward-looking events and circumstances discussed in this presentation may not occur and actual results could differ materially and adversely from those anticipated or implied. Except as required by law, neither Syndax nor any other person assumes responsibility for the accuracy and completeness of the forward-looking statements. Syndax undertakes no obligation to update publicly any forward-looking statements for any reason after the date of this presentation to conform these statements to actual results or to changes in Syndax s expectations. 2
3 Company Strategy Entinostat Breast Cancer Entinostat Immunooncology New molecules Financing & Staffing 3
4 E2112, a Phase 3 registration trial in advanced HR+ breast cancer patients is underway E2112 Pivotal Trial Design Arm A (1) Patients with advanced HR+ and HER2- breast cancer who have progressed after treatment with SOC hormonal agents Accrual goal = 600 pts Treatment Cycle = 28d (1) Treatment is blinded R A N D O M I Z E Exemestane 25 mg (PO, days 1-28) Entinostat 5 mg (PO, d: 1, 8, 15, 22) Arm B (1) Exemestane 25 mg (PO, days 1-28) Placebo 5 mg (PO, d: 1, 8, 15, 22) Treatment cycles continue until disease progression or unacceptable toxicity Treatment cycles continue until disease progression or unacceptable toxicity 4
5 ENCORE Clinical Trial Program The ENCORE trials are designed to establish entinostat s ability to enhance checkpoint efficacy Entinostat-checkpoint inhibitor combination trials are expected to generate multiple milestones over the next 18 months Trial Partner Indication ENCORE 601 NSCLC Timeline of Data 1H16 2H16 1H17 ASCO 16 Phase 1b safety: Dose escalation Phase 1b RP2D Phase 2 Melanoma Phase 2 ENCORE 602 TNBC Phase 1b safety ENCORE 603 Ovarian Phase 1b safety 5
6 ENCORE 601: Phase 1b Designed in Two Parts KEYTRUDA + Entinostat Phase 1b: open-label Dose & safety confirmation / biomarker assessment (n=22) Dose escalation (n=13) Safety Meeting Dose confirmation (n=9) Phase 2: open-label NSCLC PD-1/PDL-1 naïve (n = 46) NSCLC Progressing on PD-1/PDL-1 (n = 56) Melanoma Progressing on PD-1/PDL-1 (n = 34) Study Milestones: Completed accrual for dose escalation stage Positive safety assessment made by DSMB Initiated dose confirmation stage Dose confirmation stage estimated completion in Q3-16 6
7 1Q Financial Position & Operating Results Condensed Consolidate Balance Sheet Data as of 3/31/2016 Cash, cash equivalents, and short-term investments of $133.7M Total common shares outstanding 17,782,150 Common stock, stock options and warrants 20,857,529 Condensed Consolidated Statements of Operations Data for the Three Months Ended March 31, 2016 Operating loss of $8.8M Net loss attributable to common stockholders of $12.9M Net loss per share attributable to common (basic and diluted) of $2.85 per share Non-cash items included in net loss attributable to common of $6.6M 7
8 Summary Highlights Entinostat Phase 3 registration trial ongoing in advanced HR+ breast cancer Granted Breakthrough designation Developing as cancer immunotherapy in multiple indications Collaborations in place with 3 leading immunotherapy companies Merck & Co., Inc. Genentech, Inc. Merck KGaA, Darmstadt, Germany, and Pfizer Inc. Experienced leadership team Current development efforts are fully funded across multiple indications and through significant clinical milestones 8
9 Thank you. Questions? 9
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