Transcript
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IBIO, INC.

Corporate Business Overview

January 5, 2017

By: Daniel Carlson

Email: [email protected]

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CORPORATE OVERVIEW

iBio is a biotechnology company focused on commercializing their proprietary

technologies and product candidates as well as providing product development and

manufacturing services to clients and collaborators. The Company’s technologies

constitute a proprietary, transformative platform for development and production of

biologics in hydroponically grown green plants.

Stated simply, iBio’s technologies harness the natural protein production

capability that plants use to sustain their own growth, and direct it instead to

produce proteins for a range of applications including for vaccines and

biopharmaceuticals. Through this methodology, the Company can produce a wide

assortment of products at greatly reduced manufacturing costs.

The Company’s technologies can be used to produce a wide array of biologics and

also to create and produce proprietary derivatives of preexisting products with

improved properties. The Company has used its technologies and its collaborative

relationships to demonstrate the applicability of its technologies to a diverse range

of product candidates including products against fibrotic diseases, vaccines, enzyme

replacements, monoclonal antibodies, and recombinant versions of marketed

products that are currently derived from human blood plasma.

In addition to the broad array of biological products that can be produced with the

Company’s technologies we believe their technologies offer other advantages that

are not available with conventional manufacturing systems. These anticipated

advantages include reduced production time and lower operating costs. Additionally,

it is expected that the capex for a plant based manufacturing facility will be

dramatically lower than a comparable facility using conventional manufacturing

processes.

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BUSINESS STRATEGY

The near-term focus of iBio is to realize two key objectives: (1) the establishment

of additional business arrangements pursuant to which commercial, government

and not-for-profit licensees will utilize the Company’s technologies in connection

with the development and manufacturing of therapeutic proteins and vaccine

products; and (2) the further development of select product candidates based

upon or enhanced by their technology platforms. These objectives are the core

components of their strategy to commercialize the proprietary technologies they

have been developed and validated.

The Company’s strategy to engage in partnering and out-licensing of their

technologies seeks to preserve the opportunity for iBio to share in the successful

development and commercialization of product candidates by licensees while

enhancing their own capital and financial resources for development, alone or

through commercial alliances with others, of high-potential product candidates

based upon their technologies. In addition to financial resources they may receive in

connection with the license of their technologies, we believe that successful

development by third party licensees of iBio technology-enhanced product

candidates will further validate their technologies, increase awareness of the

advantages that may be realized by the use of such platforms and promote broader

adoption of their technologies by additional third parties.

The advancement of iBio technology-enhanced product candidates is a key element

of their strategy. We believe that selecting and developing products which

individually have substantial commercial value and are representative of classes of

pharmaceuticals that can be successfully produced using their technology platforms

will allow them to maximize the near and longer term value of their technologies

while exploiting individual product opportunities. To realize this result, the

Company is currently internally advancing through preclinical IND enabling studies

a proprietary recombinant protein we call IBIO-CFB03 for treatment of idiopathic

pulmonary fibrosis, systemic sclerosis, and potentially other fibrotic diseases.

iBio intends to perform their contract manufacturing through their 70% owned

subsidiary, iBio CMO LLC (“iBio CMO”). On January 13, 2016, the Company

entered into a contract manufacturing joint venture with an affiliate of Eastern

Capital Limited. The Eastern Affiliate contributed $15 million in cash for a 30%

interest in iBio CMO. The Company retained a 70% interest in iBio CMO and

contributed a royalty bearing license which grants iBio CMO a non-exclusive license

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to use their proprietary technologies for research purposes and an exclusive U.S.

license for manufacturing purposes. We retained the exclusive right to grant product

licenses to those who wish to sell or distribute products made using their technology.

iBio CMO’s operations take place in Bryan, Texas in a facility controlled by another

affiliate of Eastern as sublandlord. The facility is a Class A life sciences building on

the campus of Texas A&M University, designed and equipped for plant-made

manufacture of biopharmaceuticals. iBio CMO was granted a 34-year sublease for

the facility. Commercial operations commenced in January 2016. iBio CMO

operates on the basis of three parallel lines of business: (1) Development and

manufacturing of third party products; (2) Development and production of iBio’s

proprietary product(s) for treatment of fibrotic diseases; and (3) Commercial

technology transfer services.

Proprietary iBio technologies have been used to advance development of certain

products that have been commercially infeasible to develop with conventional

technologies such as Chinese hamster ovary cell systems and microbial fermentation

methods. They can be used to create and operate manufacturing facilities at

substantially lower capital and operating costs. These include development and

manufacture of both vaccine and therapeutic product candidates. iBio CMO plans to

promote commercial collaborations with third parties on the basis of these

technology advantages and to work with customers to achieve laboratory scale

technical milestones that can form the basis of longer-term manufacturing business

arrangements. iBio itself will be a client of iBio CMO for further IND advancement

of its proprietary products beginning with IBIO-CFB03 for the treatment of a range

of fibrotic diseases. iBio will work with iBio CMO on the production of IBIO-

CFB03 for clinical trials and, with clinical success, for commercial launch.

Due to the lower capital and operating cost requirements for pharmaceutical

production via iBio technology versus legacy methods, certain corporations and

governments that have not already established manufacturing capacity for biologic

products are client prospects for both development and for commercial technology

transfer services to enable autonomous manufacturing in the market being served.

For example, in Brazil, iBio has been collaborating with the Oswaldo Cruz

Foundation (Fiocruz) to develop a recombinant yellow fever vaccine based on iBio

technology. iBio’s contract with Fiocruz provides for commercial technology

transfer services as the product candidates enters human clinical trials. Over time,

iBio expects to work closely with iBio CMO to provide such technology transfer

services for a variety of both commercial and government clients.

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MANAGEMENT TEAM

ROBERT B. KAY

Executive Chairman and Chief Executive Officer

Mr. Kay is an accomplished business strategist and senior manager with extensive

M&A, JV, and international licensing experience. Mr. Kay was a founder and senior

partner of the New York law firm of Kay Collyer & Boose LLP, with a particular

focus on cross-border mergers and acquisitions and joint ventures. Previously, Mr.

Kay served as a director for Genesys S.A. (West Corporation French subsidiary). He

received his B.A. from Cornell University's College of Arts & Sciences and his J.D.

from New York University Law School.

ROBERT L. ERWIN

President

Mr. Erwin previously led Large Scale Biology Corporation from its founding in

1988 through 2003, including a successful initial public offering in 2000, and

continued as non-executive Chairman until 2006. Mr. Erwin recently served as

Managing Director of Bio-Strategic Directors LLC providing consulting services to

the life sciences industry. He served as Chairman of Icon Genetics AG from 1999

until its acquisition by a subsidiary of Bayer AG in 2006. He is currently Chairman

of Novici Biotech, a private biotechnology company and a Director of Resolve

Therapeutics LLC. Mr. Erwin's non-profit work focuses on applying scientific

advances to clinical medicine, especially in the field of oncology. He is co-founder

and President of the Marti Nelson Cancer Foundation, and a member of the Cancer

Policy Forum of the Institute of Medicine. Mr. Erwin received his B.S. degree with

Honors in Zoology and an M.S. degree in Genetics from Louisiana State University.

TERENCE E. RYAN, PHD

Chief Scientific Officer

Dr. Ryan is a pharmaceutical and biotech research leader who is highly

accomplished in recombinant protein expression, and also has a record of innovation

in cell biology, proteomics, and systems biology. His distinguished 20-year career

includes working for such industry leaders as Wyeth (Pfizer) Research,

GlaxoSmithKline, Celera Genomics, and Regeneron Pharmaceuticals. Dr. Ryan

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holds an MS and PhD in Microbiology from Rutgers University, and received his

AB in Biology from Princeton University.

DOUGLAS C. HICKS

Senior Vice President, Business Development & Strategy

Douglas Hicks is the Vice-President, Business Development for iBio, Inc. Mr. Hicks

has over fifteen years of operational, financial, and administrative experience within

both small and large businesses. He has primarily focused on business development,

corporate planning, and strategy execution within the biotechnology,

pharmaceutical, and private equity segments. Prior to joining iBio in 2010, Mr.

Hicks was with Clearview Projects, Inc., a strategic advisory firm which provides

business development, product alliance, and strategic advice to the pharmaceutical

and biotechnology industry. Mr. Hicks joined Clearview when the firm was formed

in 2001 and has held various roles of increased responsibility over his 10 year tenure

with the firm, most recently as Executive Director of Business Development and

Strategic Analysis. While at Clearview, he participated in over thirty-five strategic

transactions across various therapeutic areas. Before joining Clearview, Mr. Hicks

was a consultant at Bristol-Myers Squibb. Mr. Hicks received his MBA from The

Pennsylvania State University, with a focus on finance and strategy.

MARK GIANNONE

Chief Financial Officer

Mr. Giannone has been a member of the accounting firm of Bosco Giannone LLC

since its formation in 1999. His prior experience included employment as a senior

accountant at Kenneth Leventhal & Co. (acquired by Ernst &Young LLP) and as a

tax manager at BDO Seidman, a lecturer in various continuing education programs

for the New York State Society of Certified Public Accountants and New York

University.

WAYNE P. FITZMAURICE, PH.D.

Vice President, Intellectual Property

Dr. Fitzmaurice has extensive experience in plant biotechnology research, and is a

USPTO certified Patent Agent. He led research teams at Biosource Technologies

(later Large Scale Biology Corp.) for 15 years from 1992 to 2007 ultimately holding

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the position of Senior Director of Plant Biology and Pharmaceutical Development.

He is a founding partner of Novici Biotech, and functions as their Senior Director of

Intellectual Property. With Novici he is on key patents as both an inventor and a

prosecuting patent agent. He also acted as an independent consultant in

biotechnology intellectual property for several corporations. Dr. Fitzmaurice

received a Ph.D. in Biochemistry from The Johns Hopkins University, and did

postdoctoral research at the University of Wisconsin-Madison and North Carolina

State University.

BOARD OF DIRECTORS

ROBERT B. KAY

Executive Chairman and Chief Executive Officer

Mr. Kay is an accomplished business strategist and senior manager with extensive

M&A, JV, and international licensing experience. Mr. Kay was a founder and senior

partner of the New York law firm of Kay Collyer & Boose LLP, with a particular

focus on cross-border mergers and acquisitions and joint ventures. Previously, Mr.

Kay served as a director for Genesys S.A. (West Corporation French subsidiary). He

received his B.A. from Cornell University's College of Arts & Sciences and his J.D.

from New York University Law School.

GLENN CHANG

Director

Mr. Chang is Director, Executive Vice President and Chief Financial Officer of First

American International Bank of Brooklyn, N.Y. Prior to the founding of the Bank in

1999, he spent almost 20 years at Citibank as Vice President. Mr. Chang is a

Certified Public Accountant.

ARTHUR Y. ELLIOTT, PHD

Director

Dr. Elliott is a distinguished infectious disease and vaccine manufacturing and

licensing expert whose career includes 16 years with Merck & Co., serving

ultimately as Executive Director of Biological Operations, Merck Manufacturing

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Division, responsible for the bulk manufacture, testing, release and registration of

all biological products sold. Dr. Elliott continues to serve as Senior Program

Manager for the Antigen Sparing Project for the United States Department of Health

and Human Services in the Avian Influenza Pandemic Preparedness Program in

Washington, D.C., (since 2006), and is a member of the American Association for

Advancement of Science, American Society for Microbiology, and American Tissue

Culture Association. Dr. Elliott holds a PhD in Virology from Purdue University,

and an M.S. in Microbiology and a B.A. in Biology from North Texas State

University.

GENERAL JAMES T. HILL, USA (RET.)

Director

At the time of his retirement from active duty, General Hill was the Commander of

the United States Southern Command, reporting directly to the President and the

Secretary of Defense. As such he led all U.S. military forces and operations in

Central America, South America and the Caribbean, and worked directly with U.S.

Ambassadors, foreign heads of state, key Washington decision-makers, foreign

senior military and civilian leaders, developing and executing United States policy.

General Hill is President of The JT Hill Group, a consulting firm and serves on the

boards of Fraunhofer USA, Inc and The Protective Group, providers of personnel

protective equipment.

JOHN D. MCKEY, JR.

Director

Mr. McKey has served as of counsel at McCarthy, Summers, Bobko, Wood, Sawyer

& Perry, P.A. in Stuart, Florida since 2003, and previously was a partner from 1987

through 2003. From 1977 to 1987 Mr. McKey was a partner at Gunster Yoakley in

Palm Beach, Florida. Mr. McKey received his B.B.A at the University of Georgia

and his J.D. from the University of Florida College of Law.

PHILIP K. RUSSELL, M .D.

Director

Major General (ret.) Philip K. Russell, M.D. served in the U.S. Army Medical Corps

from 1959 to 1990, pursuing a career in infectious disease and tropical medicine

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research. Following his military service, Dr. Russell joined the faculty of Johns

Hopkins University's School of Hygiene and Public Health and worked closely with

the World Health Organization as special advisor to the Children's Vaccine

Initiative. He was founding board member of the International AIDS Vaccine

Initiative, and is an advisor to the Bill and Melinda Gates Foundation. He has served

on numerous advisory boards of national and international agencies, including the

Centers for Disease Control, National Institutes of Health, and the Institute of

Medicine. He is the past Chairman of the Albert B. Sabin Vaccine Institute.

SEYMOUR FLUG

Director

Mr. Flug was Chairman of the Board and CEO of Diners Club International and a

managing Director of Citibank. Prior to that, he was Senior Vice President of Hess

Oil Company. He began his career as a CPA with the accounting firm of Deloitte &

Touche.

TECHNOLOGY

THE IBIO TECHNOLOGY IS A UNIQUE PLANT-BASED PLATFORM THAT

ACCELERATES THE DEVELOPMENT AND MANUFACTURING OF HIGH LEVELS OF

TARGET PROTEIN

❖ iBio scientists engineer vectors containing the target sequence within a viral replicon

❖ The vector is transferred to an AGROBACTERIUM host that efficiently introduces

target DNA to the plant cell nucleus.

❖ The viral replicon directs the production of large amounts of target-specific messenger

RNA in plant cells, which is translated into protein by the plant’s own machinery for

several days.

❖ Once the plants have been infiltrated with agrobacteria, the viral sequences of the launch

vectors, along with the cloned target sequences, are massively amplified through the

action of virally encoded enzymes.

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Translation of these recombinant viral vector mRNAs can result in the accumulation of

gram quantities of target protein per kilogram of fresh plant tissue in less than a week.

❖ The plants accumulate high levels of target protein in their leaf and stem tissue.

This expression of recombinant protein is termed “transient” expression because the

target gene sequence is expressed as protein for a fixed period of time, and the foreign

genes are not incorporated into the plant chromosome to result in the creation of

transgenic plants.

❖ The plant biomass is harvested, homogenized, and clarified to produce an extract

containing the protein of interest.

Proteins are further purified as required using conventional separation and

chromatography steps widely used in the biopharmaceutical industry.

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FAST DEVELOPMENT AND PRODUCTION

The iBio Technology dramatically speeds up drug development and production.

Due to entire plants not being required to be genetically modified, accelerated production and

development is possible. By using non-GMO plants as manufacturing platform, the iBio

Technology process eliminates the months or years needed by technologies using mammalian

cells to find a high-producing, stable cell clone that can be expanded into the trillions of daughter

cells required for manufacturing useful amounts of a drug.

USING THE IBIO TECHNOLOGY, A NOVEL PROTEIN PRODUCT CAN BE

PRODUCED AT FACTORY SCALE IN UNDER A MONTH

Once a desired gene is cloned into the iBio Technology vectors, it is introduced into the leaves of

the plants by automated vacuum infiltration technology. Over the next 4-7 days, special features

of the proprietary vectors ensure the gene spreads to every cell in the stems and leaves where the

desired protein is expressed at extremely high levels.

FLEXIBLE TECHNOLOGY ALLOWS FOR AGILE PRODUCTION

Since the growth of plants and introduction of the iBio Technology vectors is the same

regardless of the desired product, a facility using the iBio Technology system can easily produce

multiple proteins in the same facility without physical reconfiguration.

BIOTHERAPEUTICS

TREATING FIBROTIC DISEASES WITH IBIO-CFB03

iBio’s proprietary therapeutic product, IBIO-CFB03, is intended to treat systemic scleroderma,

idiopathic pulmonary fibrosis (IPF), and other fibrotic diseases.

iBio has produced the active pharmaceutical ingredient using its patented iBio Technology and

has made the clinical development of this promising product a key priority.

COLLABORATING WITH DR. CAROL FEGHALI-BOSTWICK AT THE MEDICAL

UNIVERSITY OF SOUTH CAROLINA

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Data published in 2012 by Dr. Feghali-Bostwick demonstrates that specific endostatin-derived

peptides are useful for both in inhibition and reversal of fibrosis in preclinical mouse models of

fibrosis as well as in human skin.

• WHAT IS ORGAN FIBROSIS?

• WHAT IS SYSTEMIC SCLERODERMA?

• WHAT IS IPF?

IBIO TECHNOLOGY BENEFIT: MONOCLONAL ANTIBODIES

Monoclonal antibodies are usually manufactured in engineered mouse or hamster cells, but they

can be manufactured at a significantly lower cost in whole plants using the iBio Technology.

Production of monoclonal antibodies in plants results in high yields of biologically active

antibody without contaminating animal cell products. In addition to antibody therapies for

chronic disease, monoclonal antibodies have been developed to treat infectious diseases.

The iBio Technology expression platform has produced a monoclonal antibody that protects

against respiratory anthrax in a non-human primate model, as well as an anti-influenza

neuraminidase monoclonal antibody that is active against Tamiflu™-resistant virus strains.

IBIO TECHNOLOGY BENEFIT: REPLACEMENT PROTEINS FROM HUMAN BLOOD

Many proteins have been purified from human blood or plasma to compensate for genetic defects

in individuals who cannot make these proteins for themselves. As was seen in the case of

hemophilia, patients receiving replacement proteins purified from blood or plasma run the risk of

infection from viruses or other pathogens found in blood. Because of this risk, clotting factors for

hemophiliacs are now supplied as recombinant proteins manufactured from engineered animal

cells; however, there are still several genetic diseases for which the current source of

replacement protein therapy continues to use human blood or plasma as the starting material.

Production of these replacement proteins using the iBio Technology would remove this risk of

disease transmission, since the technology uses no animal cells or animal products, and there is

no risk of transmission of viruses to patients from plant material.

IBIO TECHNOLOGY BENEFIT: ENZYME REPLACEMENT THERAPY

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The iBio Technology plant expression system can dramatically lower the cost of important

recombinant proteins used in enzyme replacement therapy for certain genetic disorders, putting

these life-saving treatments in easier reach of patients. In addition, supply disruptions resulting

from problems with complex cell-based manufacturing methods, such as the recent shortages of

some replacement therapies caused by viral contamination of the recombinant protein

manufacturing process, would be obviated by the adoption of iBio’s plant expression technology.

Human viral pathogens cannot replicate in plant cells, and no human or animal components are

used in the iBio Technology process, providing an additional product safety and production

reliability margin.

VACCINES

IBIO TECHNOLOGY IS THE MANUFACTURING PLATFORM OF CHOICE WHEN

RAPID RESPONSE TO PANDEMIC THREATS IS PARAMOUNT

Vaccines are increasingly being developed from recombinant proteins representing highly

immunogenic proteins of the natural pathogen. In contrast to earlier vaccine technologies which

used killed or weakened pathogens to stimulate an immune response, the newer "subunit"

vaccines offer an improved safety profile, as well as the potential for a significantly simplified

manufacturing and quality process. The iBio Technology delivers the improved safety and

manufacturing profile demonstrated with subunit vaccines, but unlike competitor technologies,

iBio's extremely rapid gene sequence-to-manufacturing timeline (as little as one month) makes

the iBio Technology the manufacturing platform of choice when rapid response to pandemic

threats is paramount.

Hookworms are parasitic nematodes that cause anemia and child development complications in

infected individuals, most commonly in tropical and subtropical environments. iBio Technology

is being used to produce a vaccine antigen to an enzyme found in the gut of the hookworm.

Antibodies to this gut enzyme block its action, which normally acts to break down hemoglobin in

the blood as a source of iron for the hookworm. When this gut enzyme is blocked, the hookworm

dies, allowing infected patients to resume a healthier life. The antigenic form of this hookworm

gut enzyme has proven to be impossible to manufacture efficiently using bacterial, yeast, or

animal cell expression systems. However, commercially useful amounts of the antigen can be

manufactured using the iBio Technology plant expression technology, and development of a

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vaccine in partnership with the Sabin Vaccine Research Institute is proceeding towards human

safety and efficacy studies.

IBIO TECHNOLOGY OFFERS A BREADTH OF APPLICATION THAT IS UNMATCHED

The iBio Technology expression platform has been used to manufacture vaccine candidates that

represent a broad range of viral, bacterial and parasitic threats to human health. The technology

has been used to successfully produce vaccine components that could not be manufactured using

bacterial, yeast or animal cell expression systems, demonstrating a breadth of application that is

unmatched.

Each of these vaccines is available to be licensed from iBio along with the iBio Technology

manufacturing platform, providing a turnkey entry into vaccine development and manufacturing.

• YELLOW FEVER • INFLUENZA

• MALARIA

• HOOKWORM

• HUMAN PAPILLOMA VIRUS

• BACTERIAL PATHOGENS

IBIOMODULATOR

IBIOMODULATOR IMPROVES EFFECTIVENESS OF A VACCINE AGAINST

HPV16

The E7 transforming gene of human papilloma virus has been implicated in the maintenance of

HPV in keratinous tissues and their oncogenic transformation in cervical cancers. Fusions of E7

and a less-transforming mutant form (E7GGG) were made in the lichenase surface loop and

compared with native, unfused E7 and E7GGG as vaccines. Since there is no cell culture or

animal model of HPV infection, E7-transformed mouse TC-1 cells serve as a surrogate tumor

model for HPV infections and cancers.

Vaccines (+/-adjuvant) were evaluated for their ability to prevent implantation and growth of

TC-1 tumors (prophylaxis), and for their ability to induce immunity that reduces existing TC-1

tumors and extends survival.

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Fusion of iBiomodulator with the E7GGG or E7 antigens completely prevented the

establishment of E7 expressing TC-1 cell tumors in mice, showing that an effective prophylactic

vaccine for HPV-16 can be produced in plants. In addition, the E7 antigens fused to

ibioModulator completely protected mice from prior administration of HPV tumorigenic cells,

indicating that therapeutic vaccination could provide a treatment option for already-established

cervical tumors. In both prophylactic and therapeutic mode, E7 antigens administered without

being fused to iBioModulator failed to completely protect the mice from tumors and tumor-

related death.

IBIOMODULATOR IMPROVES ANTIBODY TITERS AND EXTENDS

PROTECTION IN VACCINES

In a transmission-blocking vaccine for malaria, fusion of iBioModulator with the Pfs25 antigen

of Plasmodium falciparum resulted in a 10-fold increase in antigen-specific IgG when compared

to native (unfused) Pfs25. In addition, in the standard oocyte membrane-feeding assay for

transmission blocking antibodies, fusion of Pfs25 with iBioModulator reduced the dose of

vaccine required for complete transmission-blocking activity five-fold, and provided longer

protection after immunization.

IBIO-CFB03

PROPRIETARY FIBROSIS DRUG THAT HAS BREAKTHROUGH POTENTIAL.

iBio, in collaboration with Dr. Carol Feghali-Bostwick of the Medical University of South

Carolina, is developing a proprietary therapeutic product for the treatment of systemic

scleroderma with potential application to idiopathic pulmonary fibrosis (IPF) and other fibrotic

diseases.

PRECLINICAL DATA FOR IBIO-CFB03 INDICATES ABILITY TO STOP OR EVEN

REVERSE FIBROSIS

Data published in 2012 by Dr. Feghali-Bostwick demonstrate that specific endostatin-derived

peptides are useful for both inhibition and reversal of fibrosis in preclinical mouse models of

fibrosis, as well as in human skin.

iBio has produced the active pharmaceutical ingredient using its patented iBio Technology and

has made the clinical development of this promising product a key priority.

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MARKET NEED

WHAT IS SYSTEMIC SCLERODERMA?

Systemic Scleroderma is a disorder that affects

connective tissue of skin and internal organs as well

as the walls of blood vessels. Early diagnosis and

individualized therapy can be helpful, but treatment

of systemic scleroderma is limited to symptom

management. No currently-approved drug has been

proven to arrest the underlying process or processes

that drive progression of the disease.

KEY FIGURES

123,000 - 245,000

PREVALENCE OF SYSTEMIC

SCLERODERMA IN US & EU

European Respiratory Review, 2012

__________________________________________________________________________

WHAT IS IDIOPATHIC PULMONARY

FIBROSIS (IPF)?

Idiopathic pulmonary fibrosis is a life-shortening

lung disease with a rapidly progressing negative

impact on quality of life leading to death within an

average of three to five years after diagnosis

KEY FIGURES

44-88K PREVALENCE OF IPF IN US

~188K PREVALENCE OF IPF IN EU

European Rrespiratory Review, 2012


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