Prospective, Open Label, Phase 3 Study of Levoketoconazole in Cushing Syndrome (SONICS): Primary Safety and Efficacy Results

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Prospective, Open Label, Phase 3 Study of Levoketoconazole in Cushing Syndrome (SONICS): Primary Safety and Efficacy Results Eliza B. Geer Maria Fleseriu, 1 Rosario Pivonello, 2 Atanaska Elenkova, 3 Roberto Salvatori, 4 Richard Auchus, 5 Richard A. Feelders, 6 Eliza B. Geer, 7 Yona Greenman, 8 Przemyslaw Witek, 9 Fredric Cohen, 10 Beverly M.K. Biller 11 1 Oregon Health and Science University, Portland, OR, USA; 2 University of Naples Federico II, Naples, Italy; 3 Medical University Sofia, Sofia, Bulgaria; 4 Johns Hopkins University, Baltimore, MD, USA; 5 University of Michigan Medical School, Ann Arbor, MI, USA; 6 Erasmus Medical Center, Rotterdam, Netherlands; 7 Memorial Sloan Kettering Cancer Center, New York, NY, USA; 8 Tel Aviv University, Tel Aviv, Israel; 9 Military Institute of Medicine, Warsaw, Poland; 10 Strongbridge Biopharma, Trevose, PA, USA; 11 Massachusetts General Hospital, Boston, MA, USA.

SONICS Maintenance-of-Benefit Study Design A prospective, phase 3, open-label, single-arm, dose-titration, maintenance-of-benefit study to assess the safety and efficacy of levoketoconazole (COR-003) in the treatment of endogenous Cushing Syndrome (CS) DOSE TITRATION: 2 to 21 weeks MAINTENANCE: 6 months EXTENDED EVALUATION: 6 months Titrate in 150-mg increments up to max 600 mg 2x daily* until UFC normalization is achieved Maintain UFC normalization after 6 months with a fixed therapeutic dose Primary endpoint: UFC response defined as a reduction from baseline in mean 24-hour UFC levels to ULN following 6 months of therapy without a dose increase *All patients began at the protocol-mandated 300 mg daily, but a reduction to 150 mg once daily to resolve tolerability issues was allowed. mufc above ULN was allowed to advance to the Maintenance Phase (at least 50% decrease in mufc required and had to reach the highest allowed or tolerated dose). mufc, mean urinary free cortisol; UFC, urinary free cortisol; ULN, upper limit of normal. 2 2

Key Secondary Endpoints and Analysis Population Changes from baseline in selected cardiovascular risk biomarkers after 6 months of dosing in the Maintenance Phase were predefined Safety/tolerability evaluation: treatment-emergent adverse events (TEAEs) and prespecified adverse events (AEs) of special interest (potential liver toxicity, QTc prolongation, and adrenal insufficiency) Intent-to-treat population included all patients who received at least one dose of levoketoconazole This population was used for the evaluation of efficacy and all safety analyses Efficacy was also evaluated for two secondary analysis populations Maintenance (M) Population all patients who received at least one dose of levoketoconazole in the M Phase Maintenance Completers (MC) Population all patients who completed the M Phase 3

Patient Disposition 94 patients enrolled and were treated 17 patients discontinued during Dose Titration Phase 77 of 94 enrolled completed Dose Titration and entered Maintenance Phase 16 patients discontinued during Maintenance Phase 61 of 94 enrolled completed Maintenance Phase 4

Demographics and Disease Characteristics (N=94) Age, mean (SD), years 44 (13) Gender, n (%) Female Male 77 (82) 17 (18) Baseline weight, mean (SD), kg 84 (23) BMI,* mean (SD), kg/m 2 31 (8) Time since diagnosis, months Mean (SD) Median Range 68 (80) 34 0.7-434 Diagnosis of Cushing disease, n (%) 80 (85) Diagnosis of diabetes, n (%) 36 (38) Diagnosis of hypertension, n (%) 67 (71) Prior pituitary radiotherapy for CS: 9 patients (10%) Prior surgery for CS: 65 patients (69%) No prior therapy for CS (completely treatmentnaïve): 26 patients (28%) Diagnosis of hypercholesterolemia, n (%) 34 (36) Baseline mean UFC, nmol/24 hours; fold ULN Mean (SD) Median Range 671 (743); 5x (5x) 408; 3x 162-4168; 1.2x-30x *BMI is based on 93 patients. One patient had a missing BMI due to missing height information. For each patient, the average of the UFCs from the adequate samples at baseline were calculated. Upper limit of normal (ULN) UFC - 138 nmol/24 hours. BMI, body mass index; CS, Cushing Syndrome; UFC, urinary free cortisol; SD, standard deviation. 5

Efficacy: UFC Responder Analysis at End of Maintenance Phase N=94 Primary endpoint: mufc normalization without a dose increase mufc normalization (regardless of dose increase) Analysis of observed rate at month 6 with imputation for missing mufc after month 3 50% mufc decrease or normalization (regardless of dose increase) Maintenance Phase completers with mufc data and mufc normalization without a dose increase Maintenance Phase completers with mufc data and 50% UFC reduction from baseline 30% (29/94)* 95% CI, 21%-40%; P=0.0154 38% (36/94)* 95% CI, 28%-49% 42% (40/94) 95% CI, 32%-53% 48% (45/94)* 95% CI, 37%-58% 53% (29/55) 76% (42/55) *Based on mixed-effects, repeated measures model with underlying binomial distribution and logit link function, adjusting for baseline covariates. For the primary analysis only, onesided P-value vs null hypothesis of 20% response is presented. Imputed mufc as normal for a missing value at EOM, if mufc was normal at preceding and subsequent visits. Imputed missing value at EOM as last non-missing mufc from latest of month 3,4,or 5. CI is from the Clopper-Pearson two-sided 95% CI for the one-sample binomial proportion. Data based on 55 Maintenance Phase completers with both baseline and month 6 UFC data available. EOM, End of Maintenance phase; mufc, mean urinary free cortisol. At the end of the Dose Titration Phase, 81% (62/77) of M patients had achieved mufc normalization A majority (66%) of the Maintenance Phase completers had received 600 mg/day 6

Influence of Baseline mufc on mufc Improvement at End of Maintenance Phase Maintenance Completers Population ITT Population Baseline UFC tertiles Third (>4x ULN) Second (>2x ULN to 4x ULN) First ( 2x ULN) Baseline UFC tertiles Third (>4x ULN) Second (>2x ULN to 4x ULN) First ( 2x ULN) Median percent decrease from baseline at month 6 Percent of patients with normalized mufc after 6 months of treatment Relative mufc reductions from baseline were substantial and were not related to baseline UFC EOM, End of Maintenance Phase; ITT, intention-to-treat; mufc, mean urinary free cortisol. 7

Individual Patient mufc * From Baseline to Month 6 by Combined Dose Groups in MC Population 65% achieved mufc normalization 54% achieved mufc normalization 36% achieved mufc normalization Baseline Month 6 (Day 180) Patients who have achieved normal mufc at month 6, regardless of dose increase *The patients within each dose group are plotted by decreasing baseline mufc. mufc, mean urinary free cortisol; UFC, urinary free cortisol; ULN, upper limit of normal. 8

Significant Changes From Baseline in Key Secondary Endpoints at Month 6* Outcome Measure at EOM Baseline Mean, (n) Mean Change From Baseline, (n) Fasting blood glucose 6 mmol/l (76) -0.68 (50) Hemoglobin A1c Total cholesterol LDL-cholesterol HDL-cholesterol 6% (77) 6 mmol/l (77) 3 mmol/l (77) 2 mmol/l (77) -0.39 (55) -1.11 (53) -0.97 (53) -0.20 (53) Note: All least squares mean changes from baseline for outcome measures at EOM were statistically significant; P<0.0001 Body weight 82 kg (77) -5.10 (54) Body mass index 30 kg/m 2 (77) -1.89 (54) Hochberg adjustment applied to P values to control type 1 error at 0.05 (except BMI); reductions from baseline based on least squares mean changes from baseline from mixed-effects, repeated measures models adjusting for baseline covariates. *Analysis based on the N=77 patients who entered the Maintenance Phase. There was no imputation for missing data, so only those patients with both baseline and month 6 data were included in the analysis of each outcome measure. No statistically significant mean changes observed in blood pressure or C-reactive protein. HDL, high-density lipoprotein; LDL, low-density lipoprotein. 9

TEAEs Summary 92 patients (98%) had at least 1 treatment-emergent adverse event (TEAE) 40 patients (43%) had at least 1 TEAEs probably or definitely related to study drug 12 patients (13%) discontinued study drug due to TEAEs 14 patients (15%) had at least 1 treatment-emergent serious AE In 4 patients, the treatment-emergent serious AE was considered probably or definitely related to study drug 1 case of elevated liver function tests, 2 cases of prolonged QTc, and 1 case of adrenal insufficiency 15 patients (16%) had at least 1 TEAE that was graded as severe (worst toxicity grade reported) 10

Most Commonly Reported TEAEs TEAE Number of Patients % of Enrolled (N=94) Nausea 30 32% Headache 26 28% Peripheral edema 18 19% Hypertension 16 17% Fatigue 15 16% Diarrhea 14 15% ALT increased* 14 15% GGT increased* 12 13% *Includes all ALT/GGT increases reported as an adverse event regardless of level or relationship to drug. A subset of these ALT/GGT increased events was also reported as adverse events of special interest. Patients rarely discontinued from common AEs. ALT, alanine aminotransferase; GGT, gamma glutamyl transpeptidase; TEAEs, treatment-emergent adverse events. 11

Liver-Related Laboratory Values N=94 Liver-related AEs defined in protocol as AE of special interest 7 (7%)* ALT >1x ULN to 3x ULN 29 (31%) ALT >3x ULN to 5x ULN 7 (7%) ALT >5x ULN 3 (3%) Total bilirubin values >1.5x ULN 0% *No severe drug-induced liver injury; no Hy s law; no transaminases >20x ULN; no obvious dose relationship. All ALT >3X ULN occurred at Day 60 of Maintenance or earlier In all 10 (11%) patients with ALT >3x ULN (including 3 with ALT >5x ULN), the ALT elevation was reversible after discontinuing drug without any clinical sequelae AE, adverse event; ALT, alanine aminotransferase; ULN, upper limit of normal. 12

QTc Data Summary (ECG) Normal QTc: <450 msec in men and <460 msec in women Allowed up to 470 msec into study Baseline QTcF: mean 404 msec; median 402 msec 9 patients (10%) had at least 1 QTc value representing >60 msec increase from baseline value 2 patients (2%) had at least 1 confirmed QTc interval of >500 msec at any time Both represented an increase of more than 60 msec above baseline and were during the Maintenance Phase All QTc prolongations reversed with temporary drug interruption and all patients affected were able to resume study drug at the same or lower dose following the prolongation event No arrhythmias, associated or unassociated with QTc prolongation, were reported during the study 13

SONICS Conclusions In this large, international, prospective trial, levoketoconazole* monotherapy normalized mufc initially in 62 (of 77) patients with CS who advanced into the Maintenance Phase Of the 62 patients with normalized mufc at entry into Maintenance, 27 had normalized mufc at Month 6, without a preceding dose increase (using rigorous criteria for primary endpoint analysis); 2 patients with non-normal mufc at entry also normalized at Month 6 Markers of cardiovascular risk also improved significantly coincident with mufc improvement No unexpected safety signals observed from AE data and there was a low discontinuation rate due to TEAEs (13%) Liver enzyme elevation >3x ULN, which occurred among 10 (11%) patients, on or before D60 of M, was fully reversible upon drug discontinuation without clinical sequelae *The safety and efficacy of levoketoconazole (COR-003) for treatment of endogenous Cushing syndrome have not been established. 14

Acknowledgements The authors acknowledge all Investigators, Sub-Investigators and Research Nurses/Study Coordinators who performed the trial and all patients who participated in the trial This trial was sponsored by Cortendo AB, a subsidiary of Strongbridge Biopharma, Trevose, PA, USA and funding for this support was provided by Strongbridge Biopharma 15

Shift Table From Baseline for LFT: ALT Worst Post-baseline Alanine Aminotransferase (ALT), n (%) Baseline ALT* Normal >1x ULN to 3x ULN >3x ULN to 5x ULN >5x ULN to 10x ULN >10x ULN Total Normal 54 (57) 27 (29) 6 (6) 1 (1) 2 (2) 90 (96) >1x ULN to 3x ULN 1 (1) 2 (2) 1 (1) 0 0 4 (4) Total 55 (59) 29 (31) 7 (7) 1 (1) 2 (2) 94 Nearly all ALT values that became ULN during the study were within normal limits at the Screening/Baseline visits *Patients were excluded for Screening/Baseline ALT levels greater than 3-fold ULN. ALT, alanine aminotransferase; LFT, liver function test; ULN, upper limit of normal. 16