THERAPEUTIC DEVELOPMENT FOR OPIOID USE DISORDER & OVERDOSE PREVENTION AND REVERSAL

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THERAPEUTIC DEVELOPMENT FOR OPIOID USE DISORDER & OVERDOSE PREVENTION AND REVERSAL EXTENDED RELEASE FORMULATIONS FOR OPIOID USE DISORDER: A CASE STUDY Christian Heidbreder, Ph.D. Chief Scientific Officer, Indivior Inc.

TODAY S PRESENTATION PART I: IMPROVING CURRENT TREATMENT OPTIONS FOR OPIOID USE DISORDER PART II: LESSONS LEARNED PART III: FROM TRANSLATIONAL MEDICINE TO CLINICAL EFFICACY & SAFETY Our vision is that all patients around the world will have access to quality treatment for the chronic relapsing conditions and co-morbidities of addiction PART IV: ACCELERATING THE DEVELOPMENT OF NEW TREATMENT OPTIONS FOR OUD: PUBLIC/INDUSTRY PARTNERSHIP

PART I: IMPROVING CURRENT TREATMENT OPTIONS FOR OPIOID USE DISORDER Our vision is that all patients around the world will have access to quality treatment for the chronic relapsing conditions and co-morbidities of addiction

❶ LANDSCAPE OF CURRENT MAT VS. NEW OPPORTUNITIES Current MAT Options Require daily medication adherence Potential sub-therapeutic buprenorphine level at end of dosing interval & occasional need for supplemental dosing Potential diversion, misuse, abuse and accidental exposure Objectives of extended-release (ER) formulations of buprenorphine Monthly or longer dosing interval to remove burden of daily adherence Deliver therapeutic buprenorphine level and effective opioid blockade from first dose Control of withdrawal symptoms and craving Restricted distribution scheme Administered by health care professional NAS October 11th 2017 - Proprietary to INDIVIOR - RBP-6000 is an investigational product that has not been approved by the U.S. FDA or any other health authority 5

❷ DEVELOPING EXTENDED-RELEASE BUPRENORPHINE: OUR EXPERIENCE WITH ATRIGEL DRUG DELIVERY PLATFORM Used in 7 other FDA-approved drug products Biodegradable depot of buprenorphine Prefilled syringe, administered subcutaneously NAS October 11th 2017 - Proprietary to INDIVIOR - RBP-6000 is an investigational product that has not been approved by the U.S. FDA or any other health authority 6

❸ DEVELOPING EXTENDED-RELEASE BUPRENORPHINE: RELEASE PROFILE CONCEPT Balance of diffusion and polymer degradation needed to obtain desired release rate and pharmacokinetics NAS October 11th 2017 - Proprietary to INDIVIOR - RBP-6000 is an investigational product that has not been approved by the U.S. FDA or any other health authority 7

❹ DESIGNING & PLANNING A DRUG DEVELOPMENT PLAN: A CASE STUDY WITH RBP-6000 2009 2017 Pre-IND submission: Dec 18 th, 2009 Pre-IND meeting with FDA: Apr 27 th, 2010 IND submission: Sep 17 th, 2010 Type C meeting: May 14 th, 2013 End-of-Phase II meeting: Sep 30 th, 2014 Pre-NDA meeting: Dec 15 th, 2016 NDA submission: May 30 th, 2017 NDA filing and PDUFA Priority Review Designation by FDA: Jul 29 th, 2017 Advisory Committee: Oct 31 st, 2017 PDUFA date: Nov 30 th, 2017 First-in-Man study (20 mg) Single Ascending Dose (SAD) study (50, 100, 200 mg) Multiple Ascending Dose (MAD) study (50, 100, 200, 300 mg) Opioid blockade study Phase III double-blind placebocontrolled study Phase III open label long-term safety extension study NAS October 11th 2017 - Proprietary to INDIVIOR - RBP-6000 is an investigational product that has not been approved by the U.S. FDA or any other health authority 8

PART II: LESSONS LEARNED Our vision is that all patients around the world will have access to quality treatment for the chronic relapsing conditions and co-morbidities of addiction

❶ AT LEAST 70% BRAIN μ-opioid RECEPTOR OCCUPANCY (μoro) BY BUPRENORPHINE IS REQUIRED FOR OPIOID BLOCKADE MRI Bup 0 Bup 2 Bup 16 Bup 32 At least 70% brain μ-opioid receptor (μor) occupancy by buprenorphine is required to block the subjective drugliking effect (opioid blockade) of full agonist-induced responses. An analysis of brain μor occupancy and buprenorphine plasma concentration demonstrated that opioid blockade requires buprenorphine plasma concentrations of 2 ng/ml Adapted from: Greenwald MK et al. (2003) Neuropsychopharmacology 28: 2000-2009. NAS October 11th 2017 - Proprietary to INDIVIOR - RBP-6000 is an investigational product that has not been approved by the U.S. FDA or any other health authority 10

❷ PHARMACODYNAMIC ACTION OF BUPRENORPHINE DECREASES WITH A DECREASE IN PLASMA CONCENTRATIONS & μoro μor occupancy (%) 18% 33% 46% 70% Pharmacodynamic action (estimated by abstinence, suppression of withdrawal and craving, and blockade of the effects of an opioid agonist such as hydromorphone) of acute sublingual (SL) buprenorphine decreases over time and is highly correlated with plasma concentrations of buprenorphine ( 2 ng/ml) and μor occupancy (> 70%). Adapted from: Greenwald MK et al. (2007) Biological Psychiatry 61: 101-110. NAS October 11th 2017 - Proprietary to INDIVIOR - RBP-6000 is an investigational product that has not been approved by the U.S. FDA or any other health authority 11

❸ BUPRENORPHINE PLASMA LEVEL 2NG/ML ( 70% μor) IS THE MINIMUM THRESHOLD TO ACHIEVE BLOCKADE OF DRUG LIKING Mean Buprenorphine Plasma Concentration (ng/ml) 8 7 6 5 4 3 2 1 SL SUBOXONE RBP-6000 300 mg 2 ng/ml 0 Baseline -1 0 1 2 3 4 5 6 7 8 9 10 11 12 Time (Weeks) Nasser AF et al. (2016) J Clin Psychopharmacol. 36(1):18-26. NAS October 11th 2017 - Proprietary to INDIVIOR - RBP-6000 is an investigational product that has not been approved by the U.S. FDA or any other health authority 12

PART III: TRANSLATING OPIOID BLOCKADE DATA INTO CLINICAL EFFICACY & SAFETY Our vision is that all patients around the world will have access to quality treatment for the chronic relapsing conditions and co-morbidities of addiction

❶ DESIGNING A PHASE III CLINICAL TRIAL (RB-US-13-0001) TO ADDRESS EFFICACY & SAFETY Randomization (n= 504) Treatment Period: 6 double-blind subcutaneous injections Weekly urine drug screens and self-reports Weekly individualized counseling (IDC) RBP-6000 300 mg x 2 months/ 100 mg x 4 months + IDC (194 subjects) Follow Up (option to roll into safety extension) Screening Induction 3 days 2-24mg SL Dose Stabilization 4 11 days 8-24mg SL RBP-6000 300 mg + IDC x 6 months (196 subjects) Week 24/25 Placebo + IDC x 6 months (99 subjects, volume-matched equivalent ) Primary endpoint: The CDF (Cumulative Distribution Function) of the % of urine samples negative for opioids combined with self-reports negative for illicit opioid use collected from Week 5 through Week 24. Urine drug screen (UDS) and self-reports collected weekly Key Secondary Endpoint: Treatment success, defined as any subject with 80% of urine samples negative for opioids combined with selfreports negative for illicit opioid use between Week 5-24. Missing UDS or self-report considered positive for opioids NAS October 11th 2017 - Proprietary to INDIVIOR - RBP-6000 is an investigational product that has not been approved by the U.S. FDA or any other health authority 14

❷ DEMONSTRATING CLINICAL EFFICACY: PRIMARY & SECONDARY ENDPOINTS (WEEKS 5-24) % Abstinent Weeks Mean (SD) RBP-6000 300mg/100mg 42.7% (38.50%) RBP-6000 300mg/300mg 41.3% (39.66%) Placebo 5.0% (16.98%) p-value < 0.0001 < 0.0001-80% Abstinent Weeks (Responder) Treatment Success 28.4% 29.1% 2.0% p-value < 0.0001 < 0.0001-47% of patients on 300 mg/300 mg dosing regimen were drug free in the last 4 weeks of the 6-month study Secondary Endpoint LS Mean Difference vs Placebo (95% CI) Opioid Craving VAS (0 100 mm scale) p-value 300/300 mg vs placebo -12.4 (-17.5, -7.3) < 0.0001 300/100 mg vs placebo -9.4 (-14.6, -4.3) 0.0003 COWS (0 48 scale) 300/300 mg vs placebo -1.0 (-1.7, -0.2) 0.010 300/100 mg vs placebo -0.4 (-1.1, 0.4) 0.31 SOWS (0 64 scale) 300/300 mg vs placebo -2.6 (-4.3, -0.9) 0.003 300/100 mg vs placebo -1.6 (-3.3, 0.1) 0.072 NAS October 11th 2017 - Proprietary to INDIVIOR - RBP-6000 is an investigational product that has not been approved by the U.S. FDA or any other health authority 15

% Subjects ❸ DEMONSTRATING CLINICAL EFFICACY: EXPOSURE-RESPONSE ANALYSIS µoro (%) or probability (%) 100 2 ng/ml 80 µoro (%) Abstinence 60 Craving = 0 40 20 0 0 5 10 15 20 Buprenorphine plasma concentration (ng/ml) Dose Group N C avg (ng/ml) μoro (%) * Buprenorphine plasma concentration (ng/ml) 300 mg/100 mg 194 3.14 75 300 mg/300 mg 196 6.32 83 * Predicted whole brain μ-opioid Receptor Occupancy corresponding to C avg NAS October 11th 2017 - Proprietary to INDIVIOR - RBP-6000 is an investigational product that has not been approved by the U.S. FDA or any other health authority 16

❹ DEMONSTRATING CLINICAL SAFETY Occurrence (%) Placebo + IDC (n=100) RBP-6000 300/100 mg + IDC (n=203) RBP-6000 300/300 mg + IDC (n=201) Any TEAE 56.0 76.4 66.7 Serious TEAE 5.0 2.0 3.5 TEAE leading to discontinuation 2.0 3.4 5.0 Any injection site TEAE 9.0 13.8 18.9 Serious injection site TEAE 0 0 0 Injection site TEAE leading to discontinuation 0 0 0.5 1048 total exposures 848 exposures in Phase 3 with up to 12 monthly doses Safety profile consistent with transmucosal buprenorphinecontaining products with exception of anticipated injection site reactions Injection site reactions generally mild to moderate and selflimiting, and led to treatment discontinuation in < 1% NAS October 11th 2017 - Proprietary to INDIVIOR - RBP-6000 is an investigational product that has not been approved by the U.S. FDA or any other health authority 17

ACCELERATING THE DEVELOPMENT OF NEW TREATMENT OPTIONS FOR OUD: PUBLIC/INDUSTRY PARTNERSHIP Our vision is that all patients around the world will have access to quality treatment for the chronic relapsing conditions and co-morbidities of addiction

❶ AREAS OF FOCUS: PUBLIC/INDUSTRY PARTNERSHIP ER buprenorphine formulation to prevent opioid overdose? ER buprenorphine formulation in patient sub-populations? Impact of ER buprenorphine formulation on patient outcomes? improvement in health status and health-related quality of life medication satisfaction decreased health care resource utilization improvement in employment status and health insurance decreases in comorbid drug use and psychiatric associations Craving research? NAS October 11th 2017 - Proprietary to INDIVIOR - RBP-6000 is an investigational product that has not been approved by the U.S. FDA or any other health authority 19

❷ AREAS OF FOCUS: PUBLIC/INDUSTRY PARTNERSHIP Biomarkers for patient stratification and as endpoints for clinical trials? Clinical phenotyping and identification of common genetic variants Small clinical trials of homogeneous populations to establish PoC DMPK/DDI? Demonstrate early that therapeutic levels of a drug can be reliably delivered to the brain Demonstrate that, at those levels, the drug binds its target and modifies the disease pathway in the desired directions Combinatorial approaches to treatments? E.g., combination of drugs, behavioral therapies and psychotherapies, or devices NAS October 11th 2017 - Proprietary to INDIVIOR - RBP-6000 is an investigational product that has not been approved by the U.S. FDA or any other health authority 20

❸ AREAS OF FOCUS: PUBLIC/INDUSTRY PARTNERSHIP Reliability and reproducibility of published data? Preclinical studies to have rigorous standards, similar to clinical trials, ensuring sound research design and credible statistical analyses for successful translational medicine. Overrepresentation of positive data in the published literature and corresponding underrepresentation of negative data. Data sharing? Success cannot be achieved independently. Fight high-risk target aversion. Collaborations and cross-training with disciplines outside the neurosciences? E.g., engineering, chemistry, physics, and mathematics. NAS October 11th 2017 - Proprietary to INDIVIOR - RBP-6000 is an investigational product that has not been approved by the U.S. FDA or any other health authority 21

THANK YOU Our vision is that all patients around the world will have access to quality treatment for the chronic relapsing conditions and co-morbidities of addiction