Rob Ross, MD. Infinity Pharmaceuticals March 9 th, 2011

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Heat Shock Protein 90 (Hsp90) Inhibition as a Potential Novel Approach to the Treatment of Patients with ALK Mutated Non-small Cell Lung Cancer (NSCLC) Rob Ross, MD Infinity Pharmaceuticals March 9 th, 2011

Disclosure I am an employee of Infinity Pharmaceuticals 2

Heat Shock Protein 90 (Hsp90) is an Emerging Cancer Target Function of Hsp90 Chaperone protein necessary for stability and function of certain client proteins Function of Hsp90 in Cancer Cells Many oncoproteins are dependent on Hsp90 for function Therapeutic Rationale Inhibiting Hsp90 induces degradation of oncoproteins, provides an alternative to directly inhibiting these proteins 3

IPI-504 (Retaspimycin Hydrochloride) Cl - H + N O H O H O H N H O H Me O O O O Highly potent and selective Hsp90 inhibitor Novel analog of the natural product geldanamycin Water soluble IV formulation, administered to patients in normal saline >250 mg / ml aqueous solubility Preclinical evidence of broad therapeutic potential Two ongoing clinical studies focused on patients with non-small cell lung cancer NH 2 4

5

IPI-504 Phase 2 Trial in NSCLC 6

Demographics and Baseline Characteristics Total Number of Patients 76 Age (years) Median 64.0 Range 31-82 Sex (n [%]) Female 48 (63) Male 28 (37) Asian 11 (14) Race (n [%]) Black or African American 4 (5) White 61 (80) Current Smoker 0 Smoking Status (n [%]) Never Smoked 34 (45) Previous Smoker 42 (55) Months since Diagnosis Median 27.5 Range 8-120 Adenocarcinoma 59 (78) Bronchioloalveolar 4 (5) Histology (n [%]) Large cell 2 (3) Squamous 6 (8) Unspecified NSCLC 5 (7) Number of prior treatment regimens for Median 4.0 NSCLC Range 1-11 Best prior response to TKI treatment CR 1 (1) PR 18 (24) Total months on TKI prior to study Median 1.8 Range 0-61 7 Sequist, ASCO 2010

Best Percent Change in Size of Target Lesions by EGFR Status Sequist, ASCO 2010 8

Samples for Biomarker Analysis 76 pts enrolled 100% Sample not available 56 provided samples 73% Insufficient amount: < 3 slides, small specimen consent Evaluable for: EGFR/KRAS Genotyping (DxS): 35 (42%) Oncomap, ALK FISH: 15 (18%) 9

Best Percent Change in Size of Target Lesions by KRAS Status Sequist, ASCO 2010 10

Oncomap Analysis Oncomap: A primer extension/mass spec-based analysis of mutations in oncogenes Coverage: 1155 mutations in 114 genes Results: No additional mutations found in any of the patient samples analyzed (including 3 PRs) 11

Assay for ALK Translocations: Fluorescent In Situ Hybridization (FISH) Wild type ALK locus: probes overlap Rearranged 5 3 Rearranged ALK locus: probes apart 5 / / 3 Wild type 12

Best Percent Change in Size of Target Lesions by ALK FISH Status 70 % 60 % 50 % Color by ALK FISH Status ALK rearrangement detected No ALK rearrangement detected Best % Change in Target Lesions from Baseline 40 % 30 % 20 % 10 % 0 % -10 % -20 % -30 % -40 % -50 % -60 % -70 % Each Bar is an Individual Patient Sequist, ASCO 2010 13

Change in Size of Target Lesions Over Time for Patients Tested for ALK Rearrangement Sequist, ASCO 2010 14

Overall Efficacy Total EGFR Status (n=68) KRAS Status (n=38) ALK Status (n=15) Wild Type Mutant Wild Type Mutant Wild Type Rearranged Number of Patients (n [%]) Objective Response Rate (All PRs) (n [%]) RECIST Stable Disease or better for at least 3 months (n [%]) 76 40 (53) 28 (37) 26 (34) 12 (16) 12 (16) 3 (4) 5 (7) 4 (10) 1 (4) 3 (12)* 0 (0) 1 (8) 2 (67) 18 (24) 10 (25) 6 (21) 4 (15) 5 (42) 3 (25) 3 (100) Median PFS in Months (95% CI) 2.86 (2.43-4.18) 2.86 (1.18-5.33) 2.76 (2.40-3.91) 2.86 (1.22-10.20) 3.91 (1.12-4.18) 2.43 (1.13-5.33) Unable to determine Sequist, ASCO 2010 15

Nonclinical Findings: EML4-ALK is a More Sensitive Client Protein than mut EGFR or HER2 100 time (h) Protein level (% control) 80 60 40 20 ALK palk 0 0 1 10 100 1000 IPI-504 (nm) 1 µm IPI-504 16

EML4-ALK Expression Sensitizes HEK293 Cells to IPI-504 In vitro Total ALK Phospho-ALK 100 EML4-ALK Viability % control 75 50 25 GAPDH 1 2 3 4 5 6 0 100 1000 IPI-504 (nm) 17

IPI-504 Treatment Results in Tumor Regressions in the H3122 Xenograft Model IPI-504: PF-02341066: 75mg/kg, IP, BIW 37.5mg/kg, PO, QDX5 18

IPI-504 Combination With PF-1066 in the H3122 Xenograft Model 19 IPI-504: PF-02341066: 50mpk, IP, BIW 37.5mpk, PO, QDX5

H3122 NSCLC Cells Selected for Resistance to ALK Kinase Inhibitor Retain Sensitivity to IPI-504 Wt H3122 Res. H3122 (GI 50, nm) (GI 50, nm) Fold change IPI-504 22 76 3.4 PF-02341066 166 2000 12.0 TAE-684 50 3141 63.0 20

Conclusions EML4-ALK is the most sensitive Hsp90 client protein we have studied to date Expression of EML4-ALK can sensitize cells to IPI-504 treatment Combinations of IPI-504 and ALK kinase inhibitors lead to pronounced tumor regressions in xenograft models of human NSCLC Cells selected for resistance to ALK kinase inhibitors retain sensitivity to IPI-504 In patients, rearrangements in the ALK locus are associated with responses to IPI-504 as a single agent Validation of this finding is ongoing in a prospective trial of IPI-504 in patients with NSCLC and an ALK rearrangement 21

Acknowledgements The patients, families and caregivers who participate in our clinical trials The clinical investigators who have worked with IPI-504 The team at Infinity Pharmaceuticals and our collaborators 22