The selective ERK inhibitor BVD-523 is active in models of MAPK pathway-dependent cancers, including those with intrinsic and acquired drug resistance

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The selective ERK inhibitor BVD-523 is active in models of MAPK pathway-dependent cancers, including those with intrinsic and acquired drug resistance Ursula Germann 1, Brinley Furey 2, Jeff Roix 3, William Markland 2, Russell Hoover 2, Alex Aronov 2, Michael Hale 4, Guanjing Chen 5, Gabriel Martinez-Botella 6, Rossitza Alargova 7, Bin Fan 8, David Sorrell 9, Kay Meshaw 10, Paul Shapiro 11, Michael J. Wick 12, Cyril Benes 13, Mathew Garnett 14, Gary DeCrescenzo 15, Mark Namchuk 16, Saurabh Saha 15, Dean J. Welsch 15. 1 OnKognos Scientific Consulting and Services, MA; 2 Vertex Pharmaceuticals, MA; 3 Phoremost, United Kingdom; 4 AstraZeneca, MA; 5 Novartis, MA; 6 Sage Therapeutics, MA; 7 Blend Therapeutics, MA; 8 AVEO Pharmaceuticals, MA; 9 Horizon Discovery, Plc, United Kingdom; 10 Charles River Discovery Research Services, NC; 11 University of Maryland, Baltimore, MD; 12 South Texas Accelerated Research Therapeutics, TX; 13 Massachusetts General Hospital, Harvard Medical School, MA; 14 Wellcome Trust Sanger Institute, United Kingdom; 15 BioMed Valley Discoveries, MO; 16 Alkermes, MA. Contact: Dean Welsch (dwelsch@biomed-valley.com) AACR Annual Mee+ng, April 18-22, 2015 Session Title: Exploi+ng the MAPK Pathway in Cancer Session Category: Experimental and Molecular Therapeu+cs

Disclosure Information AACR Annual Meeting 2015 Dr. Dean J. Welsch I have the following financial relationship to disclose: Employee of BioMed Valley Discoveries I will not discuss off label use and/or investigational use in my presentation 2

Mechanistic Background & Therapeutic Opportunity dabrafenib BVD-523 RTKs RAS RAF MEK ERK RSK vemurafenib trametinib MAPK pathway mutations causally drive many cancers 3 MAPK drugs are approved but limited by intrinsic and acquired resistance ERK inhibition has the potential to overcome or avoid resistance from upstream mutations 3

BVD-523 Executive Summary Highly potent, selective and reversible ATPcompetitive ERK1 and ERK2 inhibitor Tumor growth regression in BRAF- and KRASmutant xenograft models Single agent inhibition of a patient-derived xenograft cross-resistant to BRAFi and MEKi Phase 1 dose escalation completed with expansion cohorts in progress 4

BVD-523 (ulixertinib): A Potent & Selective ERK Inhibitor BVD-523 Highly potent ERK1 K i < 300 pm ERK2 K i = 40 pm Highly selective > 1,000-fold vs CDK1, CDK2, CDK5, CDK6, GSK3b > 10,000-fold vs 70 other kinases 5

BVD-523 Preferential Activity in Cells with MAPK Pathway Mutations MGH/Wellcome Genomics of Drug Sensitivity in Cancer Panel 100 MAPK mutant MAPK mut. MAPK WT MAPK wt Proliferation IC50 [um] 10 1 0.10 0.01 1 4710131619222528313437404346495236912151821242730333639424548515457606366697275 6

BVD-523 Mechanism of Action and Enzyme Binding BVD-523 RTKs RAS RAF MEK ERK RSK Mechanism of Action Enzyme: BVD-523 Binding RKO (BRAF V600E) Colorectal Cancer Cell Line BVD-523 (um) 0 0.5 2 MEK1/2 p*s217/s221 ERK1/2 p*t202/y204 RSK1/2 p*t359/s363 Differential Scanning Fluorimetry D T m ( K ) 1 5 1 2 9 6 3 E R K 2 p p E R K 2 p 3 8 a pperk2 ERK2 p38α 0 0. 0 1 0. 1 1 1 0 B V D - 5 2 3 ( µ M ) 7

BVD-523 Anti-tumor Activity in Multiple In Vivo Cancer Models BVD-523 Tumor Growth Inhibition in Colo205 Xenograft Mean Tumor Volume (mm 3 + SEM) A Vehicle 50 mpk/day 100 mpk/day 150 mpk/day Days Following Tumor Cell Implantation Single agent activity in xenografts with - BRAF mutation (Colo205 CRC, A375 Mel) - RAS mutation (MiaPaCa2 Panc) At least additive with other MAPK inhibitors 8

Response Correlates with Tumor PK and Dose perk Levels Correlate with Tumor PK - Timecourse pperk/total ERK (%) B 100 mpk, P.O. [BVD-523] tumor (ng/ml) Time Post Dose (hrs) perk IHC 0 1 3 8 16 24 perk Levels Correlate with Tumor PK-Dose pperk/total ERK (%) C 8 hr post-dose 0 25 50 75 100 Dose (mpk, P.O.) 9

RSK1/2 Phosphorylation as a BVD-523 Activity Clinical Biomarker BVD-523 RTKs RAS RAF MEK ERK RSK RSK1/2 is a substrate for ERK phosphorylation RKO BRAF V600E CRC Cells DMSO Dabrafenib BVD523 Trametinib 0.5µM 2µM p*t359/s363 Vemurafenib prsk1/2 Total BVD-523 inhibits RSK1/2 phosphorylation using an ex vivo human whole blood assay 10 Human PBMC Donors % of Control RSK1/2 p*s380 10

RSK1/2 Phosphorylation as a Clinical Biomarker for BVD-523 Activity BVD-523 inhibits ERK activity following oral dosing in canine GLP tox study Dose (mg/kg, BID) ERK Inhibition (%) BVD-523 Conc. (um) Vehicle 0 0 2 53 0.23 5 64 0.92 15 94 3.2 Human and canine whole blood ERK activity assays established BVD-523 demonstrated significant ERK inhibition with chronic oral dosing in canine GLP toxicity study at tolerated doses, exposures ERK activity assay supporting clinical studies 11

BVD-523 Effective in Models of Acquired Resistance to BRAF and MEK Inhibitors BVD-523 potency retained in cells cross-resistant to BRAFi & MEKi Vemurafenib Trametinib BVD-523 MEK1 Q56P RKO parental BVD-523 sensitivity retained in A375 cells cultured to acquire resistance to BRAFi + MEKi combination Cell Line Proliferation IC 50 (nm) Dabrafenib Trametinib BVD-523 Paclitaxel Parental 2.1 0.2 129 1.9 BRAFi + MEKi- Resistant 17.9 2.7 323 4.7 Fold Increase 8.5 13.5 2.5 2.5 12

BVD-523 Effective in Xenografts Derived from a Patient Who Progressed on BRAF Inhibitor BVD-523 sensitivity in patient-derived xenograft model Baseline Post-Progression Intrinsic BRAFi Sensi/vity BRAFi & MEKi Insensi/vity ERKi Sensi/vity Tumor Volume (mm 3 ) Intrinsic BRAF Sensitivity Vehicle Vemurafenib Trametinib Vehicle Vemurafenib 1500 1000 500 0 0 7 14 21 Day Vehicle Dabrafenib BVD-523 BVD-523 + Dabrafenib Tumors that escape BRAFi and MEKi may remain sensitive to ERKi 13

BVD-523 IND Enabling Studies Summary of Findings Safety Pharmacology No significant interaction in in vitro screens against 65 receptors, transporters, and ion channels Exhibited no significant genetic toxicology risks in reverse mutation and micronucleus assays Inhibits the herg current (IC 50 3.4 um) Dog Purkinje fiber assays revealed no significant effects up to 10 ug/ml Metabolism Recombinant human CYP1A2, CYP2C9, CYP2C19, CYP2D6, and CYP3A4 capable of metabolizing BVD-523 Metabolism predominantly via oxidation and dealkylation Metabolic profile of BVD-523 across mouse, rat, dog, and human liver microsomes and hepatocytes very similar (monkey was unique in its metabolic profile) Rat & dog identified as appropriate species for toxicological evaluation GLP Toxicity Studies No CV findings observed following 28 days of dosing with BVD-523 28-day studies, with reversal arms, conducted at doses ranging from 25-100 mg/kg/day and 4-30 mg/kg/day in rat and dog, respectively Target Tissue Toxicities Findings are dose-dependent, and at least partially reversible Rat: tissue mineralization, skin lesions/rash Dog: gastrointestinal All toxicities consistent with MAPK pathway inhibitors, further demonstrating the exquisite selectivity of BVD-523 Starting Dose Justification Rat identified as most sensitive species Supported first-in-human starting dose of 10 mg, BID 14

BVD-523 Clinical Development Plan Ongoing Studies Current Status FIH (10 mg, BID) Accelerated Dose Titration (1 pt per cohort) > Grade 2 Related AE Standard 3 + 3 Dose Escalation Solid Tumor RP2D Advanced Solid Tumor Protocol (NCT01781429) Group 1: BRAF V600E/K mutant melanoma, inhibitor naive Group 2: BRAF non-v600e/k mutant melanoma, inhibitor naive Group 3: BRAF mutant melanoma, progressed/refractory to BRAFi &/or MEKi Group 4: NRAS mutant melanoma, inhibitor naive Group 5: MEK mutant cancers, inhibitor naive Group 6: BRAF mutant NSCLC, inhibitor naive AML/MDS RP2D Acute Myelogenous Leukemia or Myelodysplastic Syndromes Protocol (NCT02296242) Solid Tumor RP2D X 0.5 Standard 3 + 3 Dose Escalation Group 1: AML/MDS w/o RAS mutation Group 2: AML/MDS w/ RAS mutation 15

BVD-523 Clinical Development Plan Potential Studies Possible Protocols BVD-523 + BRAFi, MEKi, or BRAFi & MEKi BVD-523 + BRAFi, MEKi, or BRAFi & MEKi after acquired resistance BVD-523 + non-mapk pathway targeted agents BVD-523 + immune response modulators BVD-523 + chemotherapeutics BVD-523 +??? 16

BVD-523 Executive Summary Highly potent, selective and reversible ATPcompetitive ERK1 and ERK2 inhibitor Tumor growth regression in BRAF- and KRASmutant xenograft models Single agent inhibition of a patient-derived xenograft cross-resistant to BRAFi and MEKi Phase 1 dose escalation completed with expansion cohorts in progress 17

The selective ERK inhibitor BVD-523 is active in models of MAPK pathway-dependent cancers, including those with intrinsic and acquired drug resistance Ursula Germann 1, Brinley Furey 2, Jeff Roix 3, William Markland 2, Russell Hoover 2, Alex Aronov 2, Michael Hale 4, Guanjing Chen 5, Gabriel Martinez-Botella 6, Rossitza Alargova 7, Bin Fan 8, David Sorrell 9, Kay Meshaw 10, Paul Shapiro 11, Michael J. Wick 12, Cyril Benes 13, Mathew Garnett 14, Gary DeCrescenzo 15, Mark Namchuk 16, Saurabh Saha 15, Dean J. Welsch 15. 1 OnKognos Scientific Consulting and Services, MA; 2 Vertex Pharmaceuticals, MA; 3 Phoremost, United Kingdom; 4 AstraZeneca, MA; 5 Novartis, MA; 6 Sage Therapeutics, MA; 7 Blend Therapeutics, MA; 8 AVEO Pharmaceuticals, MA; 9 Horizon Discovery, Plc, United Kingdom; 10 Charles River Discovery Research Services, NC; 11 University of Maryland, Baltimore, MD; 12 South Texas Accelerated Research Therapeutics, TX; 13 Massachusetts General Hospital, Harvard Medical School, MA; 14 Wellcome Trust Sanger Institute, United Kingdom; 15 BioMed Valley Discoveries, MO; 16 Alkermes, MA. Contact: Dean Welsch (dwelsch@biomed-valley.com) AACR Annual Mee+ng, April 18-22, 2015 Session Title: Exploi+ng the MAPK Pathway in Cancer Session Category: Experimental and Molecular Therapeu+cs