Randomized Controlled Phase 2 Trial (RCT) ARQ

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Tivantinib in Pretreated Hepatocellular Carcinoma (HCC): Tumor and Plasma Biomarker Analysis from the Randomized Controlled Phase 2 Trial (RCT) ARQ 197-215 L Rimassa, G Abbadessa, N Personeni, C Porta, I Borbath, B Daniele, S Salvagni, JL Van Laethem, H Van Vlierberghe, J Trojan, E De Toni, A Weiss, S Miles, A Gasbarrini, M Lencioni, ME Lamar, Y Wang, R Von Roemeling, B Schwartz, A Santoro Supported by: ArQule, Inc, and Daiichi-Sankyo

Disclosures Lorenza Rimassa, MD No disclosures to report

Background Hepatocellular Carcinoma (HCC) is among the leading causes of cancer-related death, and sorafenib is the only approved systemic agent for patients with unresectable disease 1-3. Recently failed 2 nd line studies consistently showed survival on placebo of 7-8 months 4-6 MET, the receptor tyrosine kinase for hepatocyte-growth factor (HGF), is involved in cancer progression and metastasis; its dysregulation correlates with poor prognosis in early stage and 2 nd line HCC patients 7-10 1 Jemal A, CA Cancer J Clin 2011. 2 Llovet J, N Engl J Med 2008. 3 Cheng AL, Lancet Oncol 2009. 4 Llovet J, J Clin Oncol 2013. 5 Zhu AX, JAMA 2014. 6 Zhu AX, Lancet Oncol 2015. 7 Son G, J Hepatol 2006. 8 You H, Hepatol 2011. 9 Chau G-Y, Eur J Surg Oncol 2008. 10 Santoro A, Lancet Oncol 2013

Background Tivantinib (ARQ 197) is an oral, ATP-independent MET inhibitor with activity in MET-High patients in four randomized, placebo controlled studies in HCC, NSCLC, CRC, and prostate cancer 1-6 ARQ 197-215 was a multi-center, phase 2, placebo RCT of tivantinib: The study enrolled 107 HCC patients who had progressed or were intolerant to one prior systemic therapy The primary endpoint of time to progression (TTP) in the intent-to-treat (ITT) population and the pre-determined secondary efficacy endpoints in MET-High patients were reached Tumor MET was also found to be a strong independent prognostic factor 3 Exploratory endpoints included relationship between biomarkers and key efficacy endpoints 1 Eathiraj S, J Biol Chem 2011. 2 Munshi N, Mol Cancer Ther 2010. 3 Santoro A, Lancet Oncol 2013. 4 Scagliotti G, J Clin Oncol 2015. 5 Eng C, J Clin Oncol 2013;31 suppl, abstr 3508. 6 Monk P, J Clin Oncol 2015;33 suppl 7, abstr 146

Methods Circulating MET, HGF, and AFP were centrally tested in plasma (ELISA): MET and HGF serum samples were collected before the first dose on cycle 1 day 1, and post dose on day 1 of every cycle thereafter (q4 weeks) AFP was collected at screening and every 8 weeks after randomization, as well as at the end of treatment Median biomarker values were used as cut-offs to determine High or Low status except for AFP, where 75 th percentile (Q3) was used Tumor MET was centrally analyzed after randomization and prior to study unblinding. Immunohistochemistry was performed using the Ventana SP-44 antibody. Strict reading criteria were followed to determine MET-High status in patients: 2+ staining within 50% of tumor cells

Survival Probability Circulating MET as a Prognostic Factor (ITT) N=102 (68 on tivantinib, 34 on placebo) Baseline median circulating MET concentration: 13.26ng/mL (1.29-49.8ng/mL) Median OS Patients Events Low (<median) 8.9 mos 51 40 High ( median) 4.6 mos 51 42 HR: 0.61 (95% CI: 0.39-0.94) p=0.03 Time (Months) No observed correlation between circulating and tumor MET

Survival Probability Circulating MET as a Prognostic Factor (Placebo) Median OS Patients Events Low (<median) 9.4 mos 19 15 High ( median) 3.8 mos 15 14 HR: 0.42 (95% CI: 0.20-0.91) p=0.02 Time (Months) Non-statistical trend in predictive value for circulating MET: In circulating MET-High: 7.0 mos in 36 pts on tivantinib, 3.8 mos in 15 pts on placebo; HR: 0.55 (95%CI: 0.28-1.06), p=0.07

Survival Probability Survival Probability Circulating MET as a Pharmacodynamic Biomarker Patients with best circulating MET reduction from baseline by 10% versus <10% Tivantinib Placebo Median OS Patients Events 10% 13.3 mos 24 16 <10% 6.3 mos 32 26 HR: 0.46 (95% CI: 0.24-0.86) p=0.01 Time (Months) Time (Months) Median OS Patients Events 10% 6.2 mos 13 10 <10% 7.9 mos 17 15 HR: 0.64 (95% CI: 0.28-1.49) p=0.3 Overall: 12.3 mos in 37 pts 10%, 6.6 mos in 49 pts <10% HR: 0.50 (95%CI: 0.30-0.83), p=0.006 Median change from baseline in circulating MET in patients stable at first scan: -37.9% on tivantinib, +18.4% on placebo

Survival Probability Circulating HGF as a Prognostic Factor N=102 (68 on tivantinib, 34 on placebo) Baseline median circulating HGF concentration: 2307 pg/ml (421-58080 pg/ml) Median OS Patients Events Low (<median) 9.0 mos 51 36 High ( median) 5.0 mos 51 46 HR: 0.60 (95% CI: 0.39-0.94) p=0.02 Time (Months) On placebo: 21 High, 13 Low: HR: 0.80 (95% CI: 0.37-1.73), p=0.56 On tivantinib: 30 High, 38 Low: HR: 0.57 (95% CI: 0.33-0.98), p=0.04

Circulating HGF as a Predictive Factor Predictive Role: None HGF-High: 30 on tivantinib, 21 on placebo: HR: 0.99 (95% CI: 0.55-1.79), p=0.98 HGF-Low: 38 on tivantinib, 13 on placebo: HR: 0.75 (95% CI: 0.36-1.56), p=0.44 Interaction test: no correlation between circulating HGF and response to tivantinib, nor with circulating or tumor MET

Survival Probability Best Circulating HGF Response as a Prognostic Factor Median OS Patients Events 10% 9.8 mos 39 29 <10% 6.5 mos 47 38 HR: 0.60 (95% CI: 0.36-0.98) p=0.04 Time (Months) No difference was evident by treatment arm No predictive value for circulating HGF change was observed

Survival Probability Circulating HGF and Best Response as Prognostic Factor Time (Months) Baseline HGF-Low and 10% best reduction: N=11, median OS: not reached Baseline HGF-Low and <10% best reduction: N=35, median OS: 7.65 mos Baseline HGF-High and 10% best reduction: N=29, median OS: 7.77 mos Baseline HGF-High and <10% best reduction: N=12, median OS: 3.52 mos p=0.03

Survival Probability Circulating AFP as a Prognostic Factor N=104. Prognostic trend favoring patients with AFP below median (186 IU/mL): HR: 0.75 (95% CI: 0.48-1.15), p=0.18 Baseline AFP 75 th percentile (Q3): 3507.50 IU/mL Median OS Patients Events <75 th percentile 7.9 mos 78 58 75 th percentile 3.0 mos 26 25 HR: 0.36 (95% CI: 0.22-0.58) p<0.0001 Time (Months) No difference by AFP change observed in 43 patients with AFP 20 IU/mL

Circulating AFP as a Predictive Factor Predictive Role: None AFP median: 31 on tivantinib, 21 on placebo: HR: 0.78 (95% CI: 0.42-1.44), p=0.42 AFP <median: 37 on tivantinib, 15 on placebo: HR: 1.01 (95% CI: 0.52-1.98), p=0.98 On tivantinib: 31 AFP median, 37 AFP <median: HR: 0.79 (95% CI: 0.45-1.36), p=0.39 AFP Q3: 15 on tivantinib, 11 on placebo: HR: 0.72 (95% CI: 0.31-1.63), p=0.42 AFP <Q3: 53 on tivantinib, 25 on placebo: HR: 0.98 (95% CI: 0.57-1.71), p=0.95 Interaction test: no correlation between circulating AFP and response to tivantinib Potential association between baseline AFP median and tumor MET-High

Tumor H-Score Patient Distribution by Tumor MET Status In tivantinib studies, patients are defined as MET-High if staining is 2+ within 50% of tumor cells. Such criterion is strict and excludes borderline staining patients In HCC patients from this study, values clustered towards either high or low MET expression. Median H-Score: for MET-High: 175 for MET-Low: 40 MET-High MET-Low H-score is obtained by multiplying the percentage of cells staining by the intensity of the stain 1, eg: (50% x 2+ = 100) + (25% x 3+ = 75) + (25% x 0 = 0) gives H-score of 175 1 Shi B, J Histochem Cytochem 2013

Tumor MET Status by prior Therapies MET-High MET-Low Overall* (N=77) 37 (48%) 40 (52%) Time on sorafenib 6.1 months 4.6 months Tumor samples taken before sorafenib (N=55) Tumor samples taken after sorafenib (N=17) 22 (40%) 33 (60%) 0/9 samples taken at surgery 9/9 samples taken at surgery 12 treated with TACE: 6 biopsied before TACE, 6 after 13 treated with TACE: 12 biopsied before TACE, 1 after 14 (82%) 3 (18%) 6 treated with TACE 1 treated with TACE Median H-Score (0-300) 175 40 *Biopsy date available for 72 of the 77 patients analyzed for MET status

Survival Probability Tumor MET as a Prognostic Factor (Placebo) Median OS Patients Events Placebo MET-Low 9.0 mos 13 9 Placebo MET-High 3.8 mos 15 15 HR: 0.34 (95% CI: 0.13-0.86) p=0.02 Time (Months)

Survival Probability Tumor MET as a Predictive Factor Median OS Patients Events Placebo MET-Low 9.0 mos 13 9 Tivantinib MET-High 7.2 mos 22 17 HR: 0.72 (95% CI: 0.30-1.70) p=0.45 Time (Months) A significant interaction between tivantinib and tumor MET levels in terms of OS was observed (p=0.039)

ARQ 197-215 Conclusions: Circulating Biomarkers Prognostic value: Baseline MET, HGF, AFP (75 th percentile), and HGF changes Prognostic trend: Baseline AFP (median) Hazard Ratio (95% CI) Baseline MET (N=102) 0.61 (0.39-0.94) Baseline HGF (N=102) 0.60 (0.39-0.94) Baseline AFP (N=104) Median Cut-off 75% Cut-off 0.75 (0.48-1.15) 0.36 (0.22-0.58) 10% MET Reduction (N=86) 0.50 (0.30-0.83) Pharmacodynamic biomarker: Changes in circulating MET on tivantinib Favors Low Favors High Potential association between tumor MET and circulating AFP No correlation between tumor and circulating MET 10% HGF Reduction (N=86) 0.60 (0.39-0.94)

ARQ 197-215 Conclusions: Circulating Biomarkers Predictive trend: Baseline circulating MET Baseline MET Median (N=51) <Median (N=51) Baseline HGF Median (N=51) <Median (N=51) Baseline AFP Median (N=52) <Median (N=52) 75 th (N=26) <75 th (N=78) MET Reduction 10% (N=37) <10% (N=49) HGF Reduction 10% (N=39) <10% (N=47) Hazard Ratio (95% CI) 0.55 (0.28-1.06) 0.97 (0.51-1.85) 0.99 (0.55-1.79) 0.75 (0.36-1.56) 0.78 (0.42-1.44) 1.01 (0.52-1.98) 0.72 (0.31-1.63) 0.98 (0.57-1.71) 0.70 (0.31-1.56) 0.89 (0.47-1.70) 0.85 (0.40-1.82) 0.61 (0.31-1.20) Favors Tivantinib Favors Placebo

ARQ 197-215 Conclusions: Tumor MET Tumor MET status is more frequently High after sorafenib In line with literature: MET is more expressed in hypoxic, aggressive tumors The majority of pre-sorafenib MET-Low may be MET-High after sorafenib The favorable prognostic impact of true MET-Low may be underestimated Stage MET-High % Operable Non-operable Sorafenib No Standard Therapy 0-20 ~40 ~80

ARQ 197-215 Conclusions: Tumor MET Tumor MET status is more frequently High after sorafenib Hazard Ratio (95% CI) Tumor MET status is the only prognostic and predictive factor: tivantinib makes survival of MET-High comparable with the MET-Low patients MET High vs Low (N=77) 0.34 (0.13-0.86) MET-High (N=37) Tivantinib vs Placebo MET-Low (N=40) Tivantinib vs Placebo 0.38 (0.18-0.81) 1.33 (0.58-3.03) Favors MET-Low / Tivantinib Favors MET-High / Placebo Immunohistochemistry can be reliable when strict criteria are applied Overall, the biomarker data from this trial support the use of tivantinib in MET-High patients only. The ongoing phase 3 METIV-HCC trial will validate the role of biomarkers in HCC

WE THANK THE PATIENTS, THEIR FAMILIES, AND THE INVESTIGATORS Humanitas Cancer Center, Rozzano, Milan, Italy (A Santoro, L Rimassa, N Personeni) Humanitas University, Rozzano, Milan, Italy (A Santoro); University of Milan, Italy (N Personeni) Fondazione IRCCS Policlinico San Matteo, Pavia, Italy (C Porta) Cliniques Universitaires Saint-Luc, Brussels, Belgium (I Borbath) G Rummo Hospital, Benevento, Italy (B Daniele) Azienda Ospedaliera Parma, Italy (S Salvagni) Erasme University Hospital, Brussels, Belgium (JL Van Laethem) Ghent University Hospital, Belgium (H Van Vlierberghe) J W Goethe-University Hospital, Frankfurt, Germany (J Trojan) Klinikum der Universitat Munchen-Groshadern, Munich, Germany (E De Toni) Vancouver General Hospital, British Columbia Cancer Clinic, Canada (A Weiss) Cedar Sinai, Los Angeles, CA, USA (S Miles) Policlinico Universitario Agostino Gemelli, Rome, Italy (A Gasbarrini) Azienda Ospedaliero-Universitaria di Pisa, Italy (M Lencioni) Daiichi Sankyo, Edison, NJ, USA (R Von Roemeling) ArQule, Burlington, MA, USA (G Abbadessa, B Schwartz, ME Lamar, Y Wang) lorenza.rimassa@humanitas.it