Investor Presentation
Released
Released
Announcement PDF
ASX ANNOUNCEMENT
INVESTOR PRESENTATION
MELBOURNE (AUSTRALIA) 27 June 2022: Invion Limited (ASX: IVX) (“Invion” or the “Company”)
wishes to release the attached presentation, which will be used in upcoming meetings with
various brokers and investor groups.
This announcement was approved for release by Thian Chew, Chairman of the Board.
____________________________________________
Investor and Media enquiries:
Thian Chew (Chairman & CEO)
T: +61 3 9692 7222
E: investor@inviongroup.com
Brendon Lau (Investor & Media Relations)
M: +61 409 341 613
E: brendon.lau@inviongroup.com
About Invion
Invion is a life-science company that is leading the global research and development of the
PhotosoftTM technology for the treatment of a range of cancers, atherosclerosis and infectious
diseases. Invion holds the exclusive Australia and New Zealand license rights and exclusive
distribution rights to Asia Pacific excluding China (other than Hong Kong, which is included in
the Territory), Macau, Taiwan, Japan and South Korea to the PhotosoftTM technology for all
cancer indications. It also holds the exclusive rights to the technology in Asia Pacific (excluding
Greater China) for atherosclerosis and infectious diseases. Research and clinical cancer trials
are funded by the technology licensor, RMW Cho Group Limited, via an R&D services
agreement with the Company. Invion is listed on the ASX (ASX: IVX).
About Photodynamic Therapy (PDT)
Invion is developing PhotosoftTM technology as a novel next generation Photodynamic
Therapy (PDT). PDT uses non-toxic photosensitisers and light to selectively kill cancer cells and
promote an anti-cancer immune response. Less invasive than surgery and with minimal side
effects, PDT offers an alternative treatment option aimed at achieving complete tumour
regression and long-lasting remission.
Invion Limited ABN 76 094 730 417
100 Albert Road, South Melbourne, VIC 3205
P: +61 3 9692 7222 W: www.inviongroup.com
INVESTOR
PRESENTATION
June 2022
DISCLAIMER
The information in this presentation does not constitute personal investment
advice. The presentation is not intended to be comprehensive or provide all
information required by investors to make an informed decision on any
investment in Invion Limited (Company). In preparing this presentation, the
Company did not take into account the investment objectives, financial
situation and particular needs of any particular investor. Further advice should
be obtained from a professional investment adviser before taking any action on
any information dealt with in the presentation. Those acting upon any
information without advice do so entirely at their own risk. Whilst this presentation
is based on information from sources which are considered reliable, no
representation or warranty, express or implied, is made or given by or on behalf
of the Company, any of its directors, or any other person about the accuracy,
completeness or fairness of the information or opinions contained in this
presentation. No responsibility or liability is accepted by any of them for that
information or those opinions or for any errors, omissions, misstatements
(negligent or otherwise) or for any communication written or otherwise,
contained or referred to in this presentation. Accordingly, neither the Company
nor any of its directors, officers, employees, advisers, associated persons or
subsidiaries are liable for any direct, indirect or consequential loss or damage
suffered by any person as a result of relying upon any statement in this
presentation or any document supplied with this presentation, or by any future
communications in connection with those documents and all of those losses
and damages are expressly disclaimed. Any opinions expressed reflect the
Company’s position at the date of this presentation and are subject to change.
2
Next Generation Photodynamic Therapy | June 2022
COMPANY OVERVIEW
DEVELOPING THE NEXT-GEN PHOTODYNAMIC THERAPY (PDT)
▪
▪
▪
Major disease areas: Cancer, atherosclerosis and infectious diseases
Advancing Photosoft™ technology – novel PDT photosensitiser INV043
Collaboration with world-class expertise (Hudson Institute, Peter Mac)
▪
▪
▪
▪
Regression of established tumours across multiple cancer types
Immune response, protective immunity
Improves efficacy of immune checkpoint inhibitor (ICI) treatments when used in
combination therapies
Strong therapeutic profile: Non-toxic at 100x therapeutic dose
Multiple
Cancers, Future
Potential
▪
▪
▪
Clinical stage cancer program
Multiple cancer indications in Asia Pacific Territories2
Expanded Disease Areas: Atherosclerosis and Infectious Diseases (AID)
Sources of Value
Creation
▪
▪
▪
▪
Clinical trials across multiple cancer indications in 2022-2023 and beyond
Core clinical development funded by RMWC, inventor/ owner of Photosoft™
Expansion of Territories in AID1 and cancer2
Potential to partner with pharmaceutical industry on ICI to extend their patent protections
Meeting Clinical
Needs
Demonstrated
Efficacy,
Protective
Immunity
1 Includes Asia and Oceania (other than Australia and New Zealand, which are covered under a pre-existing distribution and licence agreement with RMW), and excludes
Middle East, Russia and the specified territories of China, Hong Kong, Macau and Taiwan.
2 Includes all Asia Pacific countries excluding China (other than Hong Kong, which is included in the Territory), Macau, Taiwan, Japan and South Korea. Invion’s rights with respect to development
and distribution of Photosoft™ technology in Australia and New Zealand will continue to be covered under the pre-existing agreements with RMW. Closing of transaction subject to shareholder
approval.
3
THE PHOTOSOFTTM ADVANTAGE
A NOVEL CANCER TREATMENT
NGPDT (Next-Gen PDT) is a ground-breaking
technology that overcomes many of the
shortcomings of early PDT technologies and
aims to transform the treatment of a wide
range of cancers
NGPDT is a minimally invasive modality for
treating cancer that specifically identifies and
destroys cancer cells whilst leaving the rest of
the body’s normal cells unharmed
Photodynamic Therapy (PDT) consists of three elements:
1
Combines photosensitiser
compound with lightinduced activation
Generates reactive
oxygen species (“ROS”)
causing damage to only
targeted cells
2
3
Direct cell death along
with induction of immune
response
Light
Necrosis
Photosensitiser
accumulation in
tumour tissue
01
4
Cellular
localisation
Generation of
reactive O2
02
03
Next Generation Photodynamic Therapy | June 2022
Cellular
damage
04
Cell
death via
05
Apoptosis
Autophagy
LEAD DRUG CANDIDATE INV043
PATHWAY TO A US$271B MARKET OPPORTUNITY1
Proof-of-Concept studies of lead candidate INV043 has been shown to:
Selectively absorbed by cancer cells and not healthy tissue
Invion is leading the
global research and
development of the NextGeneration
Photodynamic Therapy
(NGPDT) called
PhotosoftTM for the
treatment of a range of
cancers, atherosclerosis
and infectious diseases
Effective in regressing multiple types of cancer in vivo
Stimulate the body’s natural immune response
Work additively with blockbuster ICI2 drugs
Be non-toxic, safe and have limited side effects
Support the translation into successful clinical trials3
1 Oncology market exceeded US$270.5 billon in 2021 and is forecast to grow at 10.2% CAGR between 2022 and 2028, according to GMI
2 Immune Checkpoint Inhibitor (ICI) therapies are part of the Immunotherapy market
3 Scheduled for 2H CY2022 or 1H CY2023
5
Next Generation Photodynamic Therapy | June 2022
KEY PARTNERSHIPS
WORLD-LEADING INSTITUTIONS
Global bioscience medical research institute
•
• Over 400 scientists focused on ground-breaking
discoveries addressing complex problems in
human diseases including cancer
World-class institute that combines its premier
cancer research capability with its ability to
translate that directly into the clinic
•
Currently conducting about 500 clinical trials in
cancer
•
•
Photosoft™ discovery and development
•
Proof of Concept studies focused on safety
and efficacy1
•
Pre-clinical studies initially focus on high-risk
ano-genital cancers
•
Translational work into clinical trial preparations
•
Successful studies will pave the way for human
clinical trials
1 https://inviongroup.com/videos-reports/
6
Next Generation Photodynamic Therapy | June 2022
Findings
Proof-of-Concept Studies on INV043
undertaken by Hudson Institute
IMPROVED API: INV043
KEY CHARACTERISTICS
Active against multiple cancers
Highly potent and selective
INV043 Activity
Against
INV043
Activity
Against
A. A.
INV034 activityMultiple
against multiple
cancer cell types
Cell Types
MultipleCancer
Cancer
Cell Types
B.
INV04
100
• Formulations enable multiple
routes of administration.
• No “dark” toxicity” until 20 to
300 times the therapeutic
dose.
• Treatment activates an
immune response.
• No observed off target
toxicity.
Viability (% of control)
• ~600x greater photoxicity
than Talaporfin sodium (a
widely used photosensitiser).
Viability (% of control)
• INV043 successfully regressed
established T-cell lymphoma,
triple negative breast and
pancreatic cancers in vivo
(n=4-8/group).
100
Ovarian (SKOV3)
80
Liver (HEK293)
• No toxicity identified up to
100x the therapeutic dose
• Selectively retained into
tumours in vivo:
Two distinct light activations
wavelengths
o Within hours accumulates in
tumour mass
o Within a day INV043 is not
detectible in healthy tissue
o Remains concentrated
within tumour mass for >3
days
8
• Diagnostic: Fluorescence
providing highly visible
definition of tumour mass
and margins.
• Therapeutic: Activation of
INV043 causes rapid
cancer cell death and
tumour regression.
Next Generation Photodynamic Therapy | June 2022
60
Colorectal (DLD1)
T-cell Lymphoma (HH)
60 40
40
Lung (A549) Liver (HEK293)
20
0.001
20
20
Triple Negative
Breast Lymphoma (
T-cell
(MDA-MB-468)
40
0.01
0.1
Lung (A549)
1
Photosensitizer (M)
0.01
0.1
0.01
Triple Negative Bre
(MDA-MB-468)
1
Photosensitizer (M)
Theragnostic potential
80
Colorectal (DLD1)
Ovarian (SKOV3)
80 60
0.001
Strong therapeutic profile
Viability (% of control)
100
INV043 fluorescing in a tumour under light
DESIRABLE THERAPEUTIC PROFILE
MULTIPLE CANCERS, HIGH POTENCY, LOW NON-SPECIFIC TOXICITY
INV043 phototoxicity was evaluated in multiple human cancer cell types including ovarian, colorectal, kidney,
lung, triple negative breast and T-cell lymphoma. Assays were performed in vitro with 4 replicates per data point.
INV043 is Active Against Multiple
Cancer Types:
with IC90
(the
concentration required to kill 90% of
cells) as low as 30nM against some
cancer types (Fig 1A).
01
0.01
0.01
1
20
9
0.001
T-cell 80
Lymphoma (HH)
Viability (% of control)
PhotosensitizerOvarian
(M) (SKOV3)
Viability (% of control)
40
B.
Phototoxicity
100
100
INV043 vs IVX-P03 vs Talaporfin Sodium
C. INV043 Photoand Dark-Toxicity
(IC90) M Type
(IC90) M
(IC10) M
Phototoxicity
(IC90) M
Dark Toxicity
Cancer
Viability (% of control)
Viability (% of control)
Ovarian
(SKOV3)
Ovarian (SKOV3)
Ovarian
INV0439.49
Lung
0.14
0.06
INV043
0.14
29.52
(SKOV3)
Colorectal
(DLD1)
(A549)
Talaporfin
Sodium
Colorectal
(DLD1)
80
Ovarian (SKOV3)
Talaporfin Sodium
60
Lung
60
INV043 IVX-P03
IVX-P03
0.14
0.03 Lymphoma
Liver
(HEK293)
0.03 29.52
10.25
(A549)
Liver (HEK293)
Colorectal
(DLD1)
Talaporfin
Sodium
(HH)
C. INV043 Photo- and Dark-Toxicity
Phototoxicity
B. 60
Lymphoma
T-cell
Lymphoma
(HH)
IVX-P03
40
Liver
0.03
10.25
LiverT-cell
(HEK293)
Lymphoma (HH)
INV043
40 vs IVX-P03 vs Talaporfin Sodium
Phototoxicity
Dark
Toxicity
Cancer8.16
(HH) 0.20
0.20
(HEK293)
(IC90) M
(IC10) M
Type Liver
100 (A549)
Lung
T-cell
Lymphoma
(HH)
40
Lung (A549)
0.20
8.16 Ovarian
Colorectal
0.33
20
(HEK293)
0.33
9.20
0.06
9.49
20
Triple Negative
Breast
(DLD-1)
(SKOV3)
Lung
(A549)
C. INV043 Photo- and Dark-Toxicity
Phototoxicity
Colorectal
B.
Triple
Negative
80
Ovarian
(SKOV3) Breast
0.33
9.20
20
(MDA-MB-468)
Lung
Breast
C.
INV043
Photoand
Dark-Toxicity
Phototoxicity
B.
(DLD-1)
INV043
(MDA-MB-468)
INV043
vs IVX-P03 vs Talaporfin Sodium
0.14 Cancer
29.52
Phototoxicity
Dark Toxicity
Triple Negative
Breast
0.07 (MDA-MB(A549)
Colorectal (DLD1)
0.07
13.25
Talaporfin
Sodium
INV043
vs
IVX-P03
vs
Talaporfin
Sodium
Breast
Phototoxicity
Dark
Toxicity
Cancer
(IC90)
M
(IC10)
M
Type
(MDA-MB-468)
0.1100
1
0.01
0.1
1
10
60
Lymphoma
0.01
0.1
1
10
IVX-P03
468)
(MDA-MB0.03
(IC90) M
(IC10)
M0.07
Liver (HEK293)
100
OvarianType10.25 13.25
0.01
0.1
Photosensitizer
(M) 1Photosensitizer (M)
1
INV043
Photo- and D
Phototoxicity C. INV043 Photo- C.
B.
and
Dark-Toxicity
Phototoxicity
INV043
vs
IVX-P03
vs
Talaporfin
Sodium
Phototoxicity
Figure
1B vs IVX-P03 vs Talaporfin SodiumFigure 1C Phototoxicity
INV043
Dark Toxicity
CancerDark Tox
Viability (% of control)
20
0.1
INV034 Photo- and Dark-Toxicity
Ovarian
80(SKOV3)
60
ivity
80 Against
Activity
Against
cer
Cell Types
Cancer
Cell
Types 0.001
60
Phototoxicity: INV043 vs IVXPO3 vs
Talaporfin Sodium
100
80
INV043 Activity Against
40 Cell Types
Multiple Cancer
100
Low Toxicity: INV043 was not activated
by ambient light, and no evidence of
“dark toxicity” was observed until
reaching 20-300 times the effective
treatment dose (Fig 1C).
B.
80
Ovarian (SKOV3)
Lung (A549)
Colorectal (DLD1)
60
Colorectal (DLD1)
Triple Negative
Liver (HEK293)
60 Breast
(MDA-MB-468)
Liver (HEK293)
T-cell Lymphoma (HH)
40
0.01
0.1 T-cell Lymphoma
1
(HH)
40
Next Generation
Photodynamic
Therapy
Lung (A549)
Photosensitizer (M)
20
Lung (A549)
Triple Negative Breast
20
(MDA-MB-468)
Triple Negative Breast
Viability (% of control)
Viability (% of control)
Viability (% of control)
INV034 Activity Against Multiple
Cancer Cell Types
INV043 Activity Against
A.
INV043 Activity
Against
Multiple
FigureCell
1A Types Cancer Cell Types
Multiple Cancer
INV043 Activity100
Against
Multiple Cancer Cell Types
Improved Potency: INV043 had ~50fold greater phototoxicity than IVX-P03
(previously developed by Invion) and
~600-fold greater phototoxicity than
clinically approved photosensitizer
Talaporfin sodium (Fig 1B).
80
(M)
0.06 Photosensitizer
9.49
1
10 (M)
Photosensitizer
Ovarian
(SKOV3)
0.01
0.1
40
Photosensitizer
(M)
INV043
INV043
Talaporfin
Sodium
Talaporfin Sodium
IVX-P03
IVX-P03
20
| June 2022
0.01
0.1
0.06(IC10) M
1
Photosensitizer (M)
10
0.06
0.14
0.14
0.03
0.03
0.20
0.20
0.33
0.33
0.07
9.49
0.20
8.16
Lung(SKOV3)
29.52
(A549) Lung
29.52
0.33 Lymphoma
9.20
(A549)
10.25
Lymphoma
(HH)
10.25
Liver (HH)13.25
8.16 0.07
(HEK293)Liver
8.16
(HEK293)
Colorectal
9.20
Colorectal
(DLD-1)
9.20
(DLD-1)
Breast
Breast
13.25
(MDA-MB-
0.06
9.49
Type
(HH)
468)
Liver
(HEK293)
Colorectal
(DLD-1)
Breast
(MDA-MB468)
(IC10)
9.49
29.52
10.25
8.16
9.20
13.25
IN VIVO PROOF OF CONCEPT: TUMOUR LOCALISATION
SELECTIVITY IN PRIMARY AND METASTATIC TUMOURS, NON-TOXIC
Localisation in vivo was monitored over time using the intrinsic fluorescence of INV043 under blue light.
•
INV043 localises to tumour: Intratumoral (IT - for subcutaneous tumours) or intraperitoneal (IP - for metastatic
peritoneal tumours) administration resulted in strong localiSation to tumour deposits (Fig 2A-D).
•
Selectively retained in tumour tissue: Both primary and metastatic tumour deposits retained INV043 for at least
3 days following administration (Fig 2). Fluorescence was readily visible under blue light; and highlighted small
(<1mm) metastatic deposits that were otherwise invisible to the naked eye (Fig 2D).
•
Non-toxic: No toxicity was identified over the short (24hr) or long term (1 week) at doses up 5mg/kg; and
INV043 did not induce detectible photosensitivity under ambient light.
Figure 2: Localisation of INV043 in tumour tissue using fluorescence.
INV043 was administered at 1mg/kg either intratumorally (IT) or
intraperitoneally (IP). Fluroescence was visualized under a blue light and
photographed using a standard camera phone (A, B, D) or using an IVIS
Lumina III instrument (C). N=4-8 mice/group.
(A, B) INV043 was strongly localised to tumour mass and margins in
subcutaneous breast (A) and pancreatic (B) tumours; and within one
hour of administration was excluded from surrounding healthy tissues.
Fluorescence was retained within tumour mass for at least 3 days.
(C, D) INV043 rapidly localized to metastatic breast (C) and ovarian (D)
cancer deposits in the peritoneal cavity after IP administration. Within 24
hours INV043 was not detectible in healthy tissues, but remained
concentrated within tumour mass and metastatic nodules throughout
peritoneal cavity for at least 3 days. Fluorescence highlighted small
metastatic nodules in the peritoneal cavity that were not visible to the
naked eye (Fig 2D).
10
Next Generation Photodynamic Therapy | June 2022
The research activities involving the use of animals were carried out in accordance with relevant
guidelines and regulations as well as with appropriate Animal Ethics Committee approval.
IN VIVO PROOF OF CONCEPT: TUMOUR REGRESSION
SIGNIFICANT REGRESSION ON MULTIPLE TUMOUR TYPES
INV043 was used to treat implanted T-cell lymphoma, breast and pancreatic cancers in vivo (n=4-8/group).
Low dose INV043 (0.1mg/kg) was administered by IT injection and laser light (220J/cm^2) applied after 1.5hrs. Control
animals received either laser or INV043 alone. Tumours were measured for 1 week following treatment to assess
change in tumour size. Significant tumour regression was achieved in all cases.
Figure 3: PDT using INV043 regresses multiple tumour types in vivo
T-cell lymphoma, breast or pancreatic
cancers grown subcutaneously in nude mice
(n=4-8/group) were treated twice within 24hrs
as described.
(A) All tumour types regressed following
treatment, as determined by decrease in
measurable
volume.
Lymphoma
and
pancreatic cancers responded within 1-2
days; breast cancers took longer to show
evidence of tumour reduction.
(B) Immediately following laser activation
tumour tissue became less palpable and
developed a “bruised” appearance. Tumour
necrosis was evident within 2 days as a
distinct darkening of tumour mass beneath
the skin. A visible eschar subsequently formed
in all cases after 2-4 days. Neither laser nor
INV043 without light activation had any
measurable effect (not shown).
11
Next Generation Photodynamic Therapy | June 2022
The research activities involving the use of animals were carried out in accordance with relevant
guidelines and regulations as well as with appropriate Animal Ethics Committee approval.
PROOF OF CONCEPT: PRIMARY TUMOUR PILOT STUDY
REGRESSION AND PROTECTIVE IMMUNITY
Treatment with established tumours (INV043 with light)
•
INV043 was injected intratumorally (0.1mg/kg)
•
16 hours later, illuminated with red light
•
No anaesthesia required, no adverse effects observed
Immune competent
mice with TNBC
(n=3/group)
Day 0
Day 6
Day 15
Orthotopic
implantation of
4T1 TNBC cells
TREATMENT
GROUP
CONTROL
GROUP
12
Day 35
Day 17 Day 19 Day 21
Orthotopic
reimplantation
of 4T1 TNBC cells
No adverse
effects
observed
1. No treatment
2. INV043 alone (no light)
3. Light alone (no INV043)
Tumour
regression
observed
Tumour mass
undetectable
No tumour
undetectable
• Enlarged rapidly and reached endpoint (Tumour size >100mm2)
• Obvious metastatic involvement of lungs and abdominal fat
pad at autopsy
Next Generation Photodynamic Therapy | June 2022
The research activities involving the use of animals were carried out in accordance with relevant
guidelines and regulations as well as with appropriate Animal Ethics Committee approval.
PROOF OF CONCEPT: PRIMARY TUMOUR PILOT STUDY
REGRESSION AND PROTECTIVE IMMUNITY
• Triple Negative Breast Cancer (TNBC) is a hard-to-treat cancer resistant to most chemotherapies
•
Proof of Concept (PoC) pilot showed complete regression of TNBC in vivo following INV043 treatment
•
Tumour mass undetectable two weeks after initial treatment and no scarring evident
•
No recurrence of disease, re-challenge with TNBC implant could not re-establish new tumours, suggesting
development of protective immunity
• Additional PoC tests being carried out by Hudson Institute
Endpoint
Tumour volume
Control
Pretreatment
Treated
Mice with established 4T1
breast tumours treated with
INV043 PDT at days 6 and 13
post-implant. Tumour size
monitored until endpoint
(>100mm2). Treatment
regressed established tumours
to an undetectable level
within 14 days of treatment.
No tumour regrowth observed.
n=3/group; mean +/- SD
https://inviongroup.com/videos-reports/
13
Figure 4. PDT using INV043
results in complete
regression of established
tumours.
Next Generation Photodynamic Therapy | June 2022
The research activities involving the use of animals were carried out in accordance with relevant
guidelines and regulations as well as with appropriate Animal Ethics Committee approval.
PROOF OF CONCEPT: IMMUNE CHECKPOINT INHIBITORS (ICI)
COMBINATION THERAPY FOR A US$140B MARKET1 (BY 2030)
•
Immune checkpoint inhibitors are widely used for the treatment of lung cancer and melanoma. However, ICI
treatments are typically only effective on a small proportion of patients
•
Proof of Concept (PoC) pilot showed both INV043 (under restricted administration) and anti-PD-1 therapies
achieved a very similar level of tumour growth restriction following therapy, with tumour growth reduced by
~40% compared to controls
•
A combination of INV043 with anti PD-1 provided substantially enhanced restriction (~65%) of tumour growth,
with clear tumour regression despite the sub-optimal INV043 treatment protocol used
Figure 5. INV043-PDT combines with immune checkpoint
inhibition to regress tumour mass.
Mice with established 4T1 breast tumours were treated using a
restricted INV043 PDT protocol and / or anti PD-1 antibody over
a period of 14 days. Tumour size was monitored until endpoint
(tumour size >100mm2).
Combi therapy:
>60% increase in
effectiveness vs. ICI
alone
Monotherapies restricted tumour growth compared to
untreated controls; combination therapy regressed and
stabilized tumours and achieved a ~65% reduction in tumour
size at endpoint. INV043 control, no light activation; IgG2a
control, isotype antibody control; combination, PDT+ anti PD-1.
Additional control groups have been omitted for clarity. mean
+/- SD, n=4/group.
The research activities involving the use of animals were carried out in accordance with
relevant guidelines and regulations as well as with appropriate Animal Ethics Committee
approval.
14
Next Generation Photodynamic Therapy | June 2022
1 https://www.alliedmarketresearch.com/immune-check-point-
inhibitors-market
The research activities involving the use of animals were carried out in accordance with relevant
guidelines and regulations as well as with appropriate Animal Ethics Committee approval.
THE WAY FORWARD
MULTIPLE CATALYSTS AND MILESTONES
Australia
Proof of Concept (PoC) Building on in vivo work further
demonstrating both safety and efficacy profiles
•
Pre-clinical Preparations: Building foundations for clinical
trials in multiple indications and internationally
•
Clinical Trials: With strong in vitro and in vivo results
demonstrating both safety and efficacy profiles, and across
multiple cancer types, the next steps will be to conduct
clinical trials in multiple indications, including
•
•
Skin Cancer (superficial basal cell carcinoma)
•
Anogenital Cancer
•
Other solid tumour cancers TBC1
GMP manufacturing and scale up: Building capacity to
scale up for global late-stage trials and commercialisation
AID
Atherosclerosis and
Infectious Diseases
(AID)
Early stage broad
based discovery
Identification of
target indications
1 RMW Cho Group (“RMW”)
Global
Cancer
•
Expand
Internationally:
Leveraging
Australian clinical
trial data into later
stage programs in
the US and other
major markets
Proof of Concept
on targeted
indications
as licensor of PhotosoftTM technology, is pursuing independent research in parallel with Invion’s R&D efforts
including a prostate cancer trial. The research is complementary/supplemental to Invion’s development program. To the extent that
Invion becomes aware of material information relating to RMW’s studies, Invion will release the information to the ASX in compliance with
its disclosure obligations (noting however that Invion is not involved in RMW’s studies and does not have direct access to information)
15
Next Generation Photodynamic Therapy | June 2022
MANAGEMENT TEAM
THE RIGHT EXPERTISE FOR SUCCESS
THIAN CHEW
EXECUTIVE CHAIRMAN & CEO
• Managing Partner, Polar Ventures
• Executive Director, Goldman Sachs
• Director, KPMG Consulting, Senior Manager KPMG
• Adj. Prof. HKUST, MBA/MA Wharton School
16
MELANIE LEYDIN
CFO
• 25+ years in accounting profession
• Partner, Vistra
• CFO and Co. Secretary multiple biotech companies
• Fellow Gov. Institute of Australia, Chartered Acc’t
DR ANDREW STEPHENS
HUDSON INSTITUTE, R&D
NICOLETTA MUNER
REGULATORY AND CLINICAL DEVELOPMENT
• 15+ years in novel treatment R&D
• Founder, Ovarian Cancer Biomarker Group, Hudson Institute
• 20+ years non-clinical and clinical drug development, quality,
manufacturing, incl. EMA and US FDA approval
• Postdoc. positions, the Uni. of Sydney and Prince Henry’s Institute,
PhD Biochemistry Monash Uni
• Founder Canary Regulatory Affairs
• Global Regulatory Affairs, Clinuvel Pharmaceuticals
• Published extensively, holds several patents
• Pre-clinical and regulatory affairs, Pfizer
DR SEBASTIAN MARCUCCIO
CHEMISTRY
LOUISE WHITE
MANUFACTURING AND QUALITY
• 15+ years in Pharmaceutical and organic chemistry
developmental research
• 35+ years in the pharmaceutical industry, 13 years in vaccine
manufacturing, CSL, Partner SeerPharma
• 16+ years commercial experience in molecular based companies
(Managing Director / Founder)
• Senior roles in virology R&D, bacterial vaccines production,
quality control and production planning
• Adj. Prof. La Trobe University, PhD Organic Chemistry ANU
• Registered auditor for APVMA
ALEXANDER BENNETT
TECHNICAL ADVISOR, LIGHT
KIM STEEL
CLINICAL TRIAL MANAGEMENT
• 35+ years in R&D, manufacturing and commercialisation of
scientific instrumentation incl. ISO certifications
• 15+ years managing global and clinical drug and
device studies from Phase 1-IV across 14 countries
• GM Forensic Light Sources, Rofin Australia.
• Director, Sapro Consulting
• Led Medical Light Source trial for PDT in skin cancers Peter
MacCallum Cancer Centre
• Project Director, Novotech
Next Generation Photodynamic Therapy | June 2022
• Project Manager, Pacific Clinical Research Group
SUMMARY
17
Promising Early Results: Total tumour
regression, immune response, potential
ICI combination therapies
Well Funded: Cancer program fully
funded & AID partially funded by
RMWC
Multiple Growth Options: Large
addressable markets, multiple
indications, partnership opportunities
World-Leading Partnerships:
Collaboration with internationally
renowned Peter Mac and Hudson
Institute
Clinical Trials: Human trials across
several cancer types expected to
commence 2022-2023
Experienced Management: The right
mix of expertise in life science and
commercialisation
Next Generation Photodynamic Therapy | June 2022
12 Months Share Price*
MARKET OVERVIEW
$0.01
(as of 15 Jun 2022)
Market Cap
A$64.2m
Focus
Issued Shares
Cash
(31 March 2022)
Revenue
(Year ended 30 June 2021)
Symbol/ Exchange
18
Clinical-stage life sciences
company developing the
PhotosoftTM technology as
a treatment for a range of
diseases including cancers
6,416,513,644
AUD $8.1M
$2.330M
ASX: IVX
TOP 10 SHAREHOLDERS*
%IC
Polar Ventures Limited
8.50
NGPDT Greater China Limited
8.50
RMW Cho Health Technology Ltd
5.01
RMWC Pty Ltd
4.90
BNP Paribas Nominees Pty Ltd
4.66
Mr Honsue Cho
4.44
ACSLNC Pty Ltd
3.80
Yong Chen
3.12
Mei Jun Lin
2.34
Citicorp Nominees Pty Limited
2.31
*As of 15 Jun 2022
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