Actinium Pharmaceuticals, Inc.

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, Inc. Actimab-A MRD Consolidation Strategy in MRD+ AML July 10, 2018 1

Disclaimer and Safe Harbor Some of the information presented herein may contain projections or other forward-looking statements regarding future events or the future financial performance of the Company which the Company undertakes no obligation to update. These statements are based on management s current expectations and are subject to risks and uncertainties that may cause actual results to differ materially from the anticipated or estimated future results, including the risks and uncertainties associated with preliminary study results varying from final results, estimates of potential markets for drugs under development, clinical trials, actions by the FDA and other governmental agencies, regulatory clearances, responses to regulatory matters, the market demand for and acceptance of s products and services, performance of clinical research organizations and other risks detailed from time to time in 's filings with the Securities and Exchange Commission (the SEC ), including without limitation its most recent annual report on form 10-K, subsequent quarterly reports on Forms 10-Q and Forms 8-K, each as amended and supplemented from time to time. This presentation does not constitute an offer to sell securities including but not limited to within any jurisdiction in which the sale of such securities would be unlawful. This presentation does not constitute a solicitation or offer to sell securities. Such offer and the information set forth herein have not been reviewed, approved or disapproved, nor has the accuracy or adequacy of the information set forth herein been passed upon, by the SEC or any state securities administrator. Any representation to the contrary is a criminal offense. An investment in the securities offered by the company is speculative and involves a high degree of risk. Investment in the securities offered hereby is suitable only for persons of substantial financial means who can afford a total loss of their investment. 2

Today s Speakers Dr. Joseph Jurcic Director of Hematologic Malignancies; Professor of Clinical Medicine Sandesh Seth Chairman & CEO Dr. Mark Berger Chief Medical Officer 3

Agenda for Today s Call Slide Number I. CD33 Program Expansion. Sandesh Seth 5 II. Acute Myeloid Leukemia (AML) Overview.. Mark Berger, M.D. 7 14 III. Beyond CR The Significance of Minimal Residual Disease in AML... Joseph Jurcic, M.D. IV. Actimab-A for MRD+ Patients and Planned Phase Trial Joseph Jurcic, M.D. V. CD33 Program Outlook and Summary.... Sandesh Seth 16 17 19 23 25 28 VI. Question and Answer Session Joseph Jurcic M.D., Mark Berger, M.D. & Sandesh Seth 4

Addressable Market Progressing and Expanding CD33 Program Only multi-disease, multi-indication CD33 program - 5 trials in 3 diseases Expansion enabled by highly differentiated Antibody Radio-Conjugate (ARC) technology Broadening of program driven by interest from and in collaboration with key opinion leaders CD33 Program Building Strategically to Maximize Value Actimab-A MRD Actimab-A Ongoing Phase 2 trial as single agent supported by strong overall response rate Actimab-M First trial studying a CD33 targeting agent in multiple myeloma. Actimab-MDS First trial using an ARC targeting CD33 as a targeted conditioning agent in high-risk MDS patients Actimab-A CLAG-M Novel combo trial., first for therapeutic and targeted conditioning Significant expansion of addressable patient population with high unmet need 1 2 3 4 5 Clinical Trials 5

II. Acute Myeloid Leukemia (AML) overview 6

Acute Myeloid Leukemia At A Glance 2018 AML New Cases WW Incidence 1 (US) 2 Average Age of AML Patient 3 351,965 21,000 68 AML Incidence Per Year 4 1992 3.3 Per 100,000 2015 4.1 Per 100,000 1) WHO and GLOBOCAN (https://gco.iarc.fr/databases.php). 2012 2) https://www.seattlecca.org/diseases/acute-myeloid-leukemia-aml/aml-facts 3) American Cancer Society 2018 Key Statistics for Acute Myeloid Leukemia 4) https://www.ncbi.nlm.nih.gov/pubmed/17019734 Deschler et al., 2006 and Jemal A et al., 2002 7

The Challenge of Acute Myeloid Leukemia 5-year survival 1 % of Older Patients Achieve Complete Remission 2 % of Younger Patients Achieve Complete Remission 2 Relapse Rate 3 27.4% 50-70% 40-50% 60-80% 5-year OS shows need for better AML treatment CLL 84% CML ALL CML 68% 68% AML 27% AML has among the lowest 5-year survival rate of blood cancers Most AML patients will relapse 1) WHO and GLOBOCAN (https://gco.iarc.fr/databases.php). 2012 2) Mangan and Luger. Salvage Therapy for Relapsed or Refractory Acute Myeloid Leukemia. Therapeutic Advances in Hematology April 2011, 73 82. 3) Venditti et al. Level of Minimal residual disease after consolidation therapy predicts outcomes in acute myeloid leukemia. Blood 2000 96: 3948-3952 8

Challenges We Are Addressing In AML Difficult to Treat Population 72.9% of patients diagnosed over the age of 55 1 1) National Cancer Institute, Surveillance, Epidemiology, and End Results Program (SEER) https://seer.cancer.gov/csr/1975_2014/browse_csr.php?sectionsel=13&pagesel=sect_13_table.16.html#table3 9

Challenges We Are Addressing in AML Molecular Heterogeneity & Mutational Complexity 10

Challenges We Are Addressing In AML High Relapse Rates & Poor Survival High relapse rates result in poor survival prognosis 1-year survival < 30% for all patients with relapsed AML Speed of relapse also results in a poor survival prognosis 1) Juliusson et al. Acute myeloid leukemia in the real world: why population-based registries are needed. Blood April 2012. Volume 119, Number 17. 3890-3899 11

AML Disease Progression and Treatment Paradigm AML Patient Journey Chemo or Allo BMT AML Diagnosis Induction Therapy Complete Remission Consolidation Therapy Relapse Salvage Therapy 12

AML Disease Treatment Strategy Goal of Induction Therapy Induce Complete Remission (CR) 1 Normal Marrow AML Blasts Detectable disease is still present, relapse is almost certain if left untreated thus the need for consolidation treatment 1) CR: Modified response criteria defined by International Working Group: (1) a bone marrow with < 5% blasts with no Auer rods present; (2) no extramedullary disease (e.g., soft tissue or CNS involvement), and (3) the absolute neutrophil count (ANC) > 1000/µL, platelet count must be 100,000/µL, and subject must be independent of transfusions for 14 days. 13

AML Disease Progression and Treatment Strategy High relapse rates after CR and consolidation therapy indicate need for improved consolidation treatment Up to 80% remission rates Up to 70% relapse rates Chemo or Allo BMT Relapse AML Diagnosis Induction Therapy Complete Remission Consolidation Therapy Relapse Salvage Therapy Patient <60 yrs. old HiDac - High Dose Cytarabine Midostaurin (FLT3+ patients) HCT (Int/poor-risk patients) Patient >60 yrs. old Hypomethylating agent Reduced Intensity SCT Best Supportive Care 14

III. Beyond CR The Significance of Minimal Residual Disease in AML 15

Impact of MRD Status on Relapse Rates MRD status shown to be significant factor in rates of relapse 1 Many patients did not receive consolidation treatment after 2 cycles of induction therapy due to poor condition, slow recovery or early relapse. Almost all patients not receiving consolidation relapsed Points to need for effective and tolerable therapy for MRD+ AML patients MRD Status and Relapse Rates following Consolidation Therapy 1) Terwijn, Monique, et al. High prognostic impact of flow cytometric minimal residual disease detection in acute myeloid leukemia: data from the HOVON/SAKK AML 42A study. Journal of Clinical Oncology, 2013, vol. 31, no. 31, p. 38889-97 16

Genetic Mutations Persist in MRD Patients Testing has demonstrated that one half of AML patients in complete remission have persistent mutations Specific mutation types detected during CR were associated with increased risk of relapse and reduced survival over 4 years Persistent Mutations Drive Relapse 1) Jongen-Lavrencic 2018 17

IV. Actimab-A for MRD+ Patients and Planned Trial 18

Actimab-A s Differentiated Abilities Proprietary Linker -225 Payload Properties of -225 1 High linear energy transfer 5-8 MeV Short path length - 50 80 microns Lintuzumab CD33 mab Advantages of ARC approach: No internalization required No known resistance mechanism Simple outpatient infusion administration Novel mechanism for radiation sensitive cancers Favorable safety profile in over 100 patients to date Very high potency Tolerable to unfit patients 1) Sgouros et al. Radiobiology and Dosimetry of a-particle Emitters for Targeted Radionuclide Therapy. The Journal of Nuclear Medicine 2010; 51:311 328 19

Actimab-A Molecular Surgery for MRD Low disease burden level is ideal for Actimab-A Potency of Ac-225 allows less drug to be given Well tolerated with little to no extramedullary toxicities Targeted delivery of Ac-225 expected to be effective against remaining CD33+ cells MRD + MRD - CD33 Positive CD33 Negative 20

Actimab-A MRD Trial Trial Overview: Phase 1, 3+3 dose-escalation trial 4 18 patients, 12 patients expected AML patients in 1 st, 2 nd or 3 rd CR or CRp with detectable minimal residual disease after completing all planned therapy Primary Objectives: Safety/tolerability and establish maximum tolerable dose (MTD) Secondary Objectives: Effect on MRD Progression Free Survival (PFS) post remission Overall Survival (OS) 21

Actimab-A MRD Trial Design Actimab-A Consolidation Therapy Dose level 1-0.50 µci/kg * Dose level 2-0.75 µci/kg Dose level 3-1.0 µci/kg Up to 4 cycles Every 4-6 weeks Complete Remission/ MRD+ Continued follow-up for PFS and OS Day 1 Day 29 7 Bone marrow evaluation with MRD assessment * If DLT seen at 0.50 µci/kg then will go to 0.25 µci/kg 22

Expected Regulatory Pathway Forward Phase 1 Safety - MTD Efficacy Impact of MRD & PFS/OS Pivotal Trial Consolidation therapy in MRD+ AML 23

V. Outlook for CD33 Program and Summary 24

Relapsed/ Refractory Newly Diagnosed s Industry Leading CD33 Program Industrywide CD33 Programs Primarily AML focused AML Patients under 55 AML Patients over 55 Immunogen/Jazz 1,2 ADC Seattle Genetics 1,2,3 ADC Actimab-A - ARC Pfizer 1,2 ADC Amgen 1,2 BiTE Amphivena/J&J 1,2 BiTE Actimab-A - ARC s ARC approach enables program expansion into multiple diseases and with multi-indications that are unlikely be matched by other programs has the only unpartnered CD33 program 1. Clinicaltrials.gov 2. Company Materials 3. Conference Abstracts (ASH, AACR, ASCO) 4. Company estimates 25

Progressing and Expanding CD33 Program Therapeutics BMT Disease Induction Consolidation Relapsed/Refractory Targeted Conditioning AML Actimab-A Actimab-A MRD Actimab-A CLAG-M Actimab-A CLAG-M MDS Actimab-MDS Multiple Myeloma Actimab-M (penta refractory) 26

Attractive Consolidation Market Opportunity Adult AML Incidence: ~21,000 (US) 1 Adult AML Incidence: ~18,000 (EU) % of AML Patients >60 yrs. of Age: ~24,000 1 Risk Status Fav Intermediate Poor ~15% ~50% ~35% % Est. to Achieve CR 1 Fav (80%), Int (60%), Poor (40%) CD33+ 90% MRD+ ~80% Consolidation Opportunity MRD+ CD33+ 60+ ~9,000 patients (US, Europe) Future expansion opportunities include patient population <60 yrs. of age 1) 2018 Kantar Health, SEER and Company Estimates 2) Estimated Consolidation Candidates: Fav (~90%), Int (~75%), Poor (~50%) 27

Conclusion AML remains extremely challenging and MRD+ patients have high relapse rates and suboptimal outcomes Poor survival outcomes demonstrate need for new therapies and mechanism of action Actimab-A s differentiated mechanism of action is agnostic to AML s molecular heterogeneity and is well suited to address the high unmet medical need in this indication Actimab-A MRD trial adds another potential attractive market opportunity to s CD33 program with a potentially straightforward pathway to a pivotal trial s ARC approach continues to enable expansion of our CD33 program into multi-indications, multi-diseases that will unlikely be matched by other CD33 programs 28

Thank-You, Inc. 29