NKTR-255: Accessing The Immunotherapeutic Potential Of IL-15 for NK Cell Therapies

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NKTR-255: Accessing The Immunotherapeutic Potential Of IL-15 for NK Cell Therapies Saul Kivimäe Senior Scientist, Research Biology Nektar Therapeutics NK Cell-Based Cancer Immunotherapy, September 26-27, 2018 Boston, MA

The immunity cycle and multiple points of intervention for I-O therapies 4. Trafficking of immune cells to tumor 3. Priming and activation 5. Infiltration of cytotoxic cells into tumors 2. Cancer antigen presentation 6. Recognition of cancer cells by immune cells Source: Oncology Meets Immunology: The Cancer-Immunity Cycle Chen and Mellman Immunity, Volume 39, Issue 1, 1-10 1. Release of cancer cell antigens 7. Killing of cancer cells 2

Nektar s immuno-oncology strategy to create therapies that cover the immunity cycle 4. Trafficking of T cells to tumor (CTLs) NKTR-214 (CD122 Agonist) Target as many steps as possible in the cycle with as few therapies as possible 3. Priming and activation (APCs & T cells) 2. Cancer antigen presentation (dendritic cells/apcs) Prime, Proliferate, Activate & Increase Tumor-Infiltrating Lymphocytes (TILs), Increase PD-1 expression NKTR-262 (TLR Agonist) Activate Dendritic Cell Response 1. Release of cancer cell antigens (cancer cell death) 7. Killing of cancer cells (immune and cancer cells) 5. Infiltration of T cells into tumors (CTLs, endothelial cells) NKTR-255 (IL-15) 6. Recognition of cancer cells by t cells (CTLs, cancer cells) Stimulate NK Cells, Sustain Immune Response & Generate T Cell Memory Therapies need to be accessible as medicines 3

The potential of IL-15 in immuno-oncology Polymerconjugated IL-15 IL-15 is a pleiotropic cytokine with roles in innate and adaptive immunity Identified by NCI as one of the most promising immuno-oncology agents Key role in formation and maintenance of immunological memory Essential factor for NK development and homeostasis In vitro, IL-15 can reverse tumorinduced NK cell dysfunction 4

The challenge to therapeutic use of IL-15 IL-15 displays rapid clearance from plasma In vivo signaling activity is similarly short-lived Plasma concentration (ng/ml) 1000 100 10 1 0.1 0 24 48 72 96 %pstat5 STAT5 phosphorylation is an early and transient event in IL-15/IL-2 receptor signaling Time (hours) Mouse PK: IL-15 0.5mpk i.p., serum assayed by ELISA Mouse PD: IL-15 0.3mpk i.p., whole blood stained for leukocyte surface markers and pstat5, measured by flow cytometry Requires daily dosing or multi-day continuous infusion for optimal activity with high Cmax-related toxicity 5

NKTR-255 polymer conjugated IL-15 Design Goals: Improve PK and PD to sustain IL-15 activity and achieve large pharmacodynamic effect without need for daily dosing Retain binding to IL-15Rα to maintain full spectrum of IL-15 biology No mutagenesis or complex to soluble IL-15Rα As a result, NKTR-255: Stimulates NK cell activation and proliferation Supports CD8 T-cell survival and memory formation Shows efficacy in various syngeneic tumor models NKTR-255 is first potential medicine to access the IL-15 pathway by preserving receptor binding to IL-15R with antibody-like dosing 6

NKTR-255 achieves sustained plasma exposure in mice, rats and NHP after single dose 10000 IL-15 and NKTR-255 PK in Mice 10000 NKTR-255 PK in Rats 1000 100 10 1 1000 µg/kg 300 µg/kg 100 µg/kg 30 µg/kg 10 µg/kg IL-15, 500 µg/kg ng/ml plasma conc. (mean SD) 1000 100 10 1 150 µg/kg 75 µg/kg 10 µg/kg ng/ml plasma conc. (mean SD) 0.1 0 24 48 72 96 120 144 168 192 216 240 0.1 0 24 48 72 96 120 144 168 Hours post IV dose Hours post IV dose PEGylation Significantly Improved NKTR-255 PK Profiles: PEGylation significantly enhanced plasma exposure and reduced total clearance Extended plasma exposure across the species on single dose (Mice, Rat and NHP) NKTR-255 Half-life (t 1/2 ): Mouse: Rat: Monkey: ~14 hrs ~18 hrs ~30 hrs (100µg/kg) Note: Parent IL-15 was not dosed in the Rat PK study; No apparent gender differences are noted in the Cyno study 7

Binding to IL-15Rα is required to access the biological functions of IL-15 Three potential modes of interaction Trans-presentation: IL-15 binds to IL-15Rα on one cell (eg. DC) then signals through Rβγ on a second cell (eg. T-cell) Cis-presentation: soluble IL-15 binds to IL-15Rα and Rβγ on the same cell Binding of soluble complex: soluble IL-15:IL-15Rα heterodimer binds to Rβγ (Stonier and Schluns, 2010) Design NKTR-255 to maintain IL-15 biological context IL-15/IL-15Rα therapeutic fusion protein signals in an IL-15Rα independent manner, loses biological context 8

NKTR-255 retains affinity for IL-15R IL-15 NKTR-255 Conjugate k on (M -1 s -1 ) k off (s -1 ) K D (pm) IL-15 7.88 x 10 6 1.33 x 10-4 16.2 NKTR-255 1.08 x 10 6 1.69 x 10-4 182 Many conjugates were screened for ability to bind IL-15Rα Conjugation chemistry parameters were carefully optimized NKTR-255 affinity for IL-15Rα is ~10X weaker than IL-15 Affinity measured by BIAcore, using IL-15Rα:Fc captured by immobilized anti-fc NKTR-255 interaction with β and αβ were also ~8-10X weaker than IL-15 9

NKTR-255 signaling is mediated via IL-15Rα Wt IL-15Rα KO Whole blood + IL-15 NKTR-255 IL-15/IL-15Rα complex % of pstat5+ in CD45+ gate IL-15 NKTR-255 IL-15/IL-15Rα complex wt IL-15Rα IL-15Rα -/- NKTR255 NKTR255 wt NKTR255 IL-15Rα IL-15Rα NKTR255 -/- wt IL-15Rα IL-15Rα -/- Treatment IL-15 NKTR-255 IL-15/IL-15Rα complex WT KO WT KO WT KO pstat5 EC50 (ng/ml) 15.58 347.3 26.23 1220 20.35 54.23 EC50 ratio 22.29 46.51 2.66 NKTR-255 signaling is dependent on IL-15Rα as with IL-15 10

NKTR-255 drives IL-15-like signaling across species Human Cyno-monkey Mouse CD4 T CD8 T + IL15/NKTR-255 % of pstat5+ population on sub-populations Whole Blood NK IL-15 EC50 (ng/ml) NK CD8 T CD4 T NKTR-255 EC50 (ng/ml) NK CD8 T CD4 T Human 0.48 1.5 1.6 Cyno-monkey 0.24 2.6 4.0 Mouse 1.8 0.27 1.2 Human 5.1 4.9 5.3 Cyno-monkey 6.9 39 53 Mouse 42 3.4 19 In human, NKTR-255 exhibits equal potency across three populations NKTR-255 potency to NK cells is preserved across species except for mouse NKTR-255 potency to T cells is different depending on species NKTR-255 species difference is similar to that for IL-15 Varying potency across species attributed to differences in IL-15 Rα expression level 11

Conclusions: NKTR-255 PK and target engagement NKTR-255 dramatically improves IL-15 receptor agonist exposure enabling low frequency administration NKTR-255 enables sustained IL-15 receptor pathway engagement in NK and T cells NKTR-255 retains IL-15Rα binding specificity maintaining IL-15 biological context 12

Functional characterization of NKTR-255 across immune cell subsets in rodents and nonhuman primates 13

NKTR-255 drives IL-15 receptor signaling and proliferation in CD8 T and NK cells in mice NK cell count in blood CD4 T cell count in blood 10000 10000 Cell expansion 1000 100 1000 100 0.3 mg/kg 0.03 mg/kg Vehicle Predose 10 0 24 48 72 96 120 144 168 192 216 240 Hours post dose 10 0 24 48 72 96 120 144 168 192 216 240 Hours post dose CD8 T cells %Ki67+ 100 Ki67+ %Ki67 (mean SD) %Ki67 (mean SD) 80 60 40 20 %Ki67 (mean SD) 0 0 24 48 72 96 120 144 168 192 216 240 Hours post dose 100 NK cells %pstat5+ pstat5+ 75 50 25 %pstat5 (mean SD) %pstat5 (mean SD) 0 0.25 1 6 24 48 72 96 120 Hours post dose 14

NK cells are the most sensitive in NKTR-255 dose response compared to CD4 and CD8 T cells in vivo in NHPs NK cell expansion is detected at 0.01 mg/kg dose level NK cells Ki-67 and pstat5 induced at lowest dose level (0.001mg/kg). Cynomolgus monkeys NKTR-255 IV dose response PD: blood stained for leukocyte surface markers and pstat5 + Ki67, measured by flow cytometry 15

Increased NKTR-255 sensitivity in CD8 T cell memory populations compared to naïve CD8 T cells in vivo in NHPs Cynomolgus monkeys NKTR-255 IV dose response PD: blood stained memory markers (CD45RA, CD197, CD95) in CD8 T parent gate. 16

NKTR-255 expands NK cell subpopulations NK cells at all stages of maturation are highly responsive to NKTR-255 Terminal Effector (CD11b+CD27+) Most mature Activation tightly regulation Higher activation threshold High Effector (CD11b+CD27+) High cytokine secretion Great effector function Lower activation threshold 10000 1000 Terminal Effector NK 10000 1000 High Effector NK pre-dose Vehicle 0.03 mg/kg 100 100 0.3 mg/kg 10 10 CD11b NK maturation 1 0 1 2 3 4 5 6 7 8 9 10 Days 1 0 1 2 3 4 5 6 7 8 9 10 Days cells/ul Immature (CD11b-CD27-) Potential to differentiate CD27 Early NK (CD11b-CD27+) High cytokine secretion 17

NKTR-255 increases expression of effector functions in NK cells in mice GzmB+ MFI 3500 3000 2500 2000 1500 1000 2500 2000 1500 untreated vehicle NKTR-255, 0.03 mg/kg NKTR-255, 0.3 mg/kg 500 1000 0 0 1 2 3 4 5 6 7 Days after single dose 0 1 2 3 4 5 6 7 Days after single dose 18

NKTR-255 increases levels of cytotoxic enzymes in NK cells in NHPs GzmB MFI in NK cells Granzyme B MFI in NK cells GzmB MFI in NK cells GzmB MFI in NK cell Perforin MFI in NK Perforin cells Perforin MFI MFI in NK cellsperforin MFI in NK cells 50000 50000 50000 15000 15000 15000 MFI (mean SD) 40000 30000 20000 10000 MFI (mean SD) 40000 30000 20000 10000 MFI (mean SD) 40000 30000 20000 10000 10000 5000 10000 5000 10000 5000 0 peak levels 0 peak levels 0 peak levels 0 peak levels 0 peak levels 0 predose predose predose predose predose predose peak levels 0.001 mg/kg 0.01 mg/kg 0.1 mg/kg 0.001 mg/kg 0.01 mg/kg 0.1 mg/kg NKTR-255 increases protein levels of constitutively expressed cytolytic enzymes Granzyme B and Perforin in NK cells 19

NKTR-255 enhances murine splenic NK cytotoxicity NKTR-255 Spleens harvested at Day 1, 4, 6 Effector cells: NK cells isolated from spleens Target cells: YAC-1 cells labeled with PKH26 Co-culture at 12.5:1 (E:T ratio) for 4 hr Label cells with 7-AAD; Analyze lysis of target cells via flow cytometry % NK cells % lysis A single in vivo dose (0.3 mg/kg) of NKTR-255 sustains NK cell killing activity for at least 6 days ex vivo 20

In vivo comparison summary of NK vs T cell responses to NKTR-255 NK cells most sensitive to NKTR-255 stimulation in vivo in mice and NHPs - %pstat5 and %Ki67 increases measurable at lowest tested dose level (0.001 mg/kg) in NHP - Lowest dose level requirement for effective in vivo expansion in NK cells NKTR-255 increases intracellular levels of cytotoxic enzymes and prolongs cytotoxic activity of NK cells Higher sensitivity to NKTR-255 in CD8 memory T cells relative to naïve CD8 T cells - Graded sensitivity within memory subpopulations (T EM >T SCM >T CM >T Naive ) in proliferative response CD4 T cells are the less responsive T cell population to NKTR-255 stimulation in mice and NHPs 21

NKTR-255 in vivo anti-tumor efficacy 22

NKTR-255 has potential to enhance anti-cancer immunotherapy via both NK and CD8 cells NK cell biology Activation balance among human NK subtypes IL-15 is similarly potent to regulatory CD56 bright and cytotoxic CD56 dim/null NK sub-populations IL-15 pre-activated NK cells show sustained function CD8 cell biology Supporting memory CD8 T cell longevity and function IL-15 maintains Ag-specific effector CD8 T cells after the contraction phase by promoting their survival and proliferation IL-15 23

NKTR-255 enhances NK cell-dependent anti-tumor efficacy in disseminated CT26 lung metastasis model Female Balb/c mice (6-8 weeks) 10 5 cells CT26 i.v. Count lung nodules NKTR-255 D0 D1 D8 D 13 ( ) NKTR-255 efficacy in disseminated CT26 model is NK cell dependent NK cell proliferation in the lung NK cells NK cell proliferation % lung nodule inhibition (mean ± SEM) %NKp46 (CD3) (mean ± SEM ) Hrs post last dose %Ki-67 (NKp46) (mean ± SEM ) Hrs post last dose Vehicle NKTR-255 0.3 mg/kg *=p<0.05 vs Vehicle, unpaired Student t test 24

A single dose of NKTR-255 provides sustained protection against lung colonization by circulating tumor cells 1x10 5 CT26 cells inoculated i.v Lung nodule count on Day 13 after inoculation Prophylactic NKTR-255: single dose treatment Day -9 Day -6 or Day -3 Day 0 or 100 75 Vehicle NKTR-255 0.3 mg/kg; IV 50 25 0 3 days 6 days 9 days ****=p<0.0001 vs respective Vehicle (One-way ANOVA followed by Tukey's multiple comparison test) # of days between NKTR-255 dose and CT26 inoculation 25

NKTR-255 inhibits establishment of spontaneous lung metastasis in 4T1 tumor model Mean tumor volumes of subcutaneous primary tumors Number of spontaneous metastatic colonies on Day 14 in lungs 3500 3000 2500 40 20 0 26

Summary NKTR-255 may overcome many limitations of IL-15 as a therapeutic agent Improved PK to allow infrequent administration Provides sustained IL-15 PD activity from a single dose Achieves full breadth of signaling profile characteristic to IL-15 By design, NKTR-255 maintains binding affinity for IL-15Rα NKTR-255 promotes the proliferation of memory T cells and induces significant NK cell expansion and increased cytotoxic activity NKTR-255 enhances NK dependent anti-tumor immune responses in vivo NKTR-255 enables access to the immunotherapeutic potential of the IL-15 pathway by enhancing expansion and activation of both NK and CD8 T cells 27