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04/24/18 10:06 AM

#218689 RE: DewDiligence #218582

NKTR > NKTR-214 Takeda collaboration...

New Oncology Clinical Collaboration between Nektar and Takeda to Evaluate Combination of NKTR-214, a CD122-biased Agonist, and TAK-659, a Dual SYK and FLT-3 Inhibitor, in Liquid and Solid Tumors

https://seekingalpha.com/pr/17138716-new-oncology-clinical-collaboration-nektar-takeda-evaluate-combination-nktrminus-214-cd122

"Based upon highly compelling preclinical data, we are looking forward to combining Nektar's unique CD122-biased agonist with TAK-659, which is a dual inhibitor of both SYK and FLT-3," said Phil Rowlands, PhD, Head, Oncology Therapeutic Area Unit, Takeda. "NKTR-214 is unique in that it can stimulate tumor-killing T-cells in the tumor micro-environment itself. By combining with TAK-659, we hope to target different stages of the cancer immunity cycle in a combination regimen. This collaboration is aimed at achieving our goal of allowing more patients with different types of cancer to benefit from immunotherapies."

TAK-659 is an orally-available investigational reversible dual SYK/FLT-3 inhibitor. SYK is a non-receptor cytoplasmic kinase that binds to phosphorylated immuno-receptor tyrosine-based activating motifs and mediates cellular proliferation and survival. Mutations in FLT-3 genes can result in the constitutive activation of the FLT-3 receptor and result in acute myeloid leukemia and acute lymphoblastic leukemia. TAK-659 demonstrates both direct- and immune-mediated tumor cell kill mechanisms. It is currently being explored in clinical studies as a single agent and in combination in solid and hematological malignancies.

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05/14/18 4:06 PM

#219006 RE: DewDiligence #218582

NKTR > Q&A on NKTR-214 accelerated filing & approval pathway...

https://finance.yahoo.com/news/edited-transcript-nktr-earnings-conference-075612366.html?.tsrc=rss

Just beyond general FDA criteria, can you elaborate a little bit more on some of the specific things, for lack of a better word, that you'd need to see in the data to be able to dictate an accelerated filing and approval pathway? And what do you think is that quickest way to market for 214?


Hi, Corey, it's a very good question. And as you can imagine, partnering with BMS, we're able to leverage a lot of experience that they've had with the FDA on these topics. But in general, what you need to prove is that you can, with your 95% confidence interval for your objective response rate, that your lower bound of that 95% confidence interval rules out the point estimate for standard of care. So just to give you, like a specific example in terms of relapsed/refractory melanoma population, where those patients have been treated with a prior checkpoint inhibitor, a second-line treatment could be ipilimumab, which has about 13% objective response rate. So you would want to see an objective response rate somewhere around 20% or above 20%, where your 95% confidence interval, the lower bound would be above 13%. In terms of non-small cell lung cancer, post-I-O plus chemo or post-I-O, docetaxel is a very reasonable comparator in the second-line setting. And there's been a number of large Phase III trials that show that the objective response rate for docetaxel is roughly 9%. And so in the non-small cell lung cancer population that has been previously treated with an I/O agent, the doublet of NKTR-214 plus nivo, we had estimated has to have an objective response rate around 18% or higher to rule out the lower bound of the 95% confidence interval that's above 9%. Just to give you some ideas, when we do our statistical calculations, those cohorts need to be around 100 patients to be able to demonstrate that level of efficacy. I hope that helps.



Second question, just the deepening of the responses in RCC patients that were just alluded to, is there a mechanistic explanation to think that it might work better in that tumor type? And more broadly, are there tumor types before you actually look at clinical data that would be predicted to have a better response with 214 in the mix?

Yes. We've shown an update from our dose escalation patients for first-line melanoma, first-line RCC and non-small cell lung cancer. And this pattern, we've actually seen to be consistent across all 3 of these solid tumor types. And from a biological perspective, it makes sense that NKTR-214 would have this robust effect in all tumor types because the mechanism provides for new antigen-specific T cells to be generated every 21 days, and that's why we see this effect over time in contrast to CAR-T cells, where you see a very high rate of relapse after 6 months of treatment because all those T cells are now gone. In contrast, NKTR-214 generates this new replenishment of these antigen-specific T cells every 21 days, which is why we see this ongoing tumor regression and tumor reduction with ongoing treatment.