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Nicolas Bernard
Pauline Flipo
Mélanie Tilte
Florent Zoonekynd
1990


  Aeterna
Laboratories
 formation
90/09/12: creation of Aeterna Laboratories by Eric and Luc Dupont

     Aim: developing a medicine against cancer




                    Financial need: creation of Atrium Biotechnologies

     Commercial division: cosmetics and nutritional supplement

                                  Commercial earnings reinvest
                                       in cancer R&D
Paul Burroughs, Communication
Director, Aeterna Zentaris Inc.
Cancerous cell
Black/Common Spiny Dog Fish


                         Fractions of cartilage: anti-angiogenesis power

     Anti-collagenase activities: MMP inhibitors

                           Problem: quality of the powder composition
     •Adequate extraction of the anti-angiogenic molecules
     •Preservation of biological activities during extraction and storage
Shark cartilage extracts as anti-angiogenic agents: smart drinks or bitter pills? D. Gingras, A. Renaud, N.
Mousseau, R. B´eliveau, Cancer and Metastasis Reviews 19: 83–86, 2000.
New entity
     •Water-soluble extract
     •Concentrated in biologically-relevant molecules




           Effect of Æ-941 on embryonic neovascularization.
                             Chick embryo




Shark cartilage extracts as anti-angiogenic agents: smart drinks or bitter pills? D. Gingras, A. Renaud, N.
Mousseau, R. B´eliveau, Cancer and Metastasis Reviews 19: 83–86, 2000.
New entity
     •Water-soluble extract
     •Concentrated in biologically-relevant molecules




           Effect of Æ-941 on embryonic neovascularization.
                             Chick embryo




Shark cartilage extracts as anti-angiogenic agents: smart drinks or bitter pills? D. Gingras, A. Renaud, N.
Mousseau, R. B´eliveau, Cancer and Metastasis Reviews 19: 83–86, 2000.
Renal and non-small cell
  Oncology      Neovastat®
                             lung cancer development

 Dermatology    Psovascar®


Ophthalmology   Neoretna®     Discontinued


Rheumatology    Arthrovas®
October 2002

Orphan drug status in renal cancer (FDA)

                         September 2003

Phase III study for metastatic renal cancer doesn’t achieve its goal
December 2003
     Clinical development stopped in renal cancer

                                                       February 2006
     Clinical development stopped in non-small cells lung cancer




Chemoradiotherapy With or Without AE-941 in Stage III Non–Small Cell Lung Cancer: A Randomized Phase III
Trial, Charles Lu and Al, JNCI, 2010 102 (12)
1990          2002


  Aeterna
Laboratories
 formation
               Zentaris AG
               acquisition
Degussa AG                                          Asta-Medica GmbH




                                                        Zentaris AG



                                                 New opportunities
    Marketing alliances and strategic partnerships:
    •Serono
    •Solvay
    •Baxter
Aeterna acquires German biopharmaceutical Zentaris from Degussa, PR Newswire
New portfolio
•Oncology:
   o6 products in clinical trials (phases I to III)
   o2 products in preclinical phase

•Endocrinology:
   o1 product approved and commercialized
   o1 product in clinical trials
   o2 products in preclinical phase
Atrium Biotechnologies
                                                              Inc. acquired Pure
                                                             Encapsulations Inc.




                                                     March         March            May
        1990                    2002
                                                     2003          2004             2004

                                            Aeterna GmbH &
   Aeterna
                                              Zentaris AG                     New name:
 Laboratories
                                                merger                    Aeterna Zentaris Inc.
  formation
                           Zentaris AG
                           acquisition
Aeterna Zentaris, Thomson Reuters Pharma ™company report
Atrium Biotechnologies
     Inc. acquires
    Multichem Inc.

              January
                2005



 Echelon Biosciences
     acquisition

Aeterna Zentaris, Thomson Reuters Pharma ™company report
Atrium voting shares
                                   distribution

Atrium Biotechnologies
     Inc. acquired
    Multichem Inc.

              January                          2006
                2005                           2007



 Echelon Biosciences
     acquisition

Aeterna Zentaris, Thomson Reuters Pharma ™company report
October 2006: Beginning of Atrium shares distribution

    3,485 million voting shares                            $47 million (24% of
    $14,12 each share                                      the company’s ownership)



                      January 2007: End of Atrium shares distribution
    Last 11 million shares
    Shareholders would receive 0.2079 of an Atrium share for each
    Aeterna share



Aeterna Zentaris, Thomson Reuters Pharma ™company report
Atrium voting shares
                       distribution

Atrium Biotechnologies
     Inc. acquired
    Multichem Inc.

        January             2006            November
          2005              2007              2007


                                             Echelon
Echelon Biosciences                      Biosciences sale
    acquisition
80          Aeterna Zentaris Inc.
                                                Canada

                                                                               10

             Aeterna Zentaris GmbH                           Aeterna Zentaris Inc.
                   Germany                                     New Jersey, USA



                 Zentaris IVF GmbH
                     Germany


Aeterna Zentaris ANNUAL INFORMATION FORM ON FORM 20-F 2010           10
Therapeutic areas
  Product
development         Oncology          Endocrinology

                 Colorectal cancer       Adult Growth
                                      Hormone Deficiency
                 Multiple Myeloma
Own product                           In vitro fertilization
                 Endometrial cancer
discovery unit
                   Ovarian cancer

                  Prostate cancer

                   Bladder cancer
Investor Presentation, February 14th, 2012, www.aezsinc.com
Approval
                          EU: 1999

                          US: 2001

                          JP: 2006

                      Marketed
              World: Merck Serono                       > 90
                                                      countries
                       JP: Shionogi

                 JP: Nippon Kayaku
www.aezsinc.com, Products in the market, Cetrotide®
Marketed
        In Vitro fertilization

             LHRH antagonist

      Dose-dependent action

            Pr Andrew Schally


                                                      Development
          Benign Prostatic Hyperplasia

                       Endometriosis

                      Uterine myoma
www.aezsinc.com, Products in the market, Cetrotide®
Hypothalamus

          14 days                                             LH-RH


                                                          Hypophysis

                                                             LH & FSH


                                                           Ovarian
                                                    -
                                                            Estrogens


                                                        Follicular phase
http://fr.wikipedia.org/wiki/Am%C3%A9norrh%C3%A9e
Hypothalamus

          14 days                                   14 days           LH-RH


                                                                   Hypophysis

                                                                     LH & FSH


                                                                    Ovarian
                                                              +
                                                                     Estrogens
                             Ovulation
                                                                   Ovulation
http://fr.wikipedia.org/wiki/Am%C3%A9norrh%C3%A9e
Hypothalamus
                                                    -         LH-RH


                                                          Hypophysis

                                                             LH & FSH


                                                           Ovarian

                                                    +
                                                    -       Estrogens

                      LH surge too soon                 Follicular phase
http://fr.wikipedia.org/wiki/Am%C3%A9norrh%C3%A9e
FSH or hMG (Gonal-F®)
              Stimulates growth of eggs


                              Cetrotide®

                            Prevents early
                              release of             hCG
                                 eggs
                                                  Induces
                                                maturation of
                                                    eggs



  Start of        Possibility of       Eggs nearly         Eggs retrieved      Embryos transferred
stimulation         LH surge             mature            for fertilization    (3 to 5 days after
   cycle             begin                                   with sperm           egg retrieval)
www.aezsinc.com
March 2009                                         Association with Sanofi

                                                         Study results: primary endpoints not
      December,                      7th   2009
                                                                        matched
                                                               End of the association
     December, 18th 2009
                                                         Discontinuation of Cetrorelix in BHP
                                  80,000
                                                   R&D                 Sales

                                  60,000

                                                                                    -56.2%
                    Thousands $




                                  40,000


                                                                               -54.7%
                                  20,000


                                      0
                                            2006         2007   2008      2009          2010
www.aezs.com Financial report 2010 and 2008
Investor Presentation, February 14th, 2012, www.aezsinc.com
Oral anticancer
          treatment


  PI3K (phosphoinositide 3-
       kinase) pathway
                                                         Alkylphosphocholine

  Inhibition of Akt activation


     Induction of apoptose

www.aezs.com ANNUAL INFORMATION FORM ON FORM 20-F 2010
+ Perifosine
Phase 3
       Multiple Myeloma

             Perifosine                             Bortezomib   Dexamethasone


             Perifosine                            Lenalidomid   Dexamethasone



      September 2009            FDA : Orphan drug


       December 2009            FDA : Fast Track designation


         March 2010             EMA : Orphan drug


Aeterna Zentaris ANNUAL INFORMATION FORM ON FORM 20-F 2010
Phase 3
             Colon cancer

             Perifosine                            Capecitabine


           April 2010            FDA : Fast Track designation

            July 2011            EPO : Patent for the association

                                                 Until July 28th, 2023




Aeterna Zentaris ANNUAL INFORMATION FORM ON FORM 20-F 2010
Press release July 12th, 2011
Phase 3
               Colon cancer
                      Phase 2 : Time to Progression and Overall Survival




Investor Presentation, February 14th, 2012, www.aezsinc.com
Phase 2
       Waldenstrom’s Macroglobulinemia
                     Renal cell carcinoma
                                Sarcoma
                                 Gliomas
                              Leukaemia
             Non-Small Cells Lung Cancer
                                                + Radiation therapy   Phase 1

                          Neuroblastoma
Aeterna Zentaris ANNUAL INFORMATION FORM ON FORM 20-F 2010
NIH/NCI : Cooperative Research and Development Agreement
    May 2000

                           Access Oncology, Inc./Keryx : Cooperation and license
                           agreement for the United States, Canada and Mexico
   September
      2002




Aeterna Zentaris ANNUAL INFORMATION FORM ON FORM 20-F 2010
Cooperation and license agreement for the
          United States, Canada and Mexico




      Free access to all data from Keryx
           and its partner’s studies


               Milestone payments
                                                             Clinical Development


        Scale-up royalties to be paid on
         future net sales of Perifosine


Aeterna Zentaris ANNUAL INFORMATION FORM ON FORM 20-F 2010
NIH/NCI : Cooperative Research and Development Agreement
    May 2000

                           Access Oncology, Inc./Keryx : Cooperation and license
                           agreement for the United States, Canada and Mexico
   September
      2002             Handok : Agreement to out-license the rights of Perifosine in
                                             South Korea

   April 2009
                      Yakult : development, manufacture and commercialization of
                                          Perifosine in Japan

  March 2011




Aeterna Zentaris ANNUAL INFORMATION FORM ON FORM 20-F 2010
Development, manufacture and
      commercialization of Perifosine in all human
         uses, excluding leishmaniasis in Japan



         Initial up-front payment of €6
               million ($8.3 million)

                                                             Development, Manufacture, Com
        Milestone payments : up to €44
                                                                  mercialization in Japan
             million ($60.9 million)

       Royalties on future net sales of
      Perifosine in the Japanese market


Aeterna Zentaris ANNUAL INFORMATION FORM ON FORM 20-F 2010
NIH/NCI : Cooperative Research and Development Agreement
    May 2000

                           Access Oncology, Inc./Keryx : Cooperation and license
                           agreement for the United States, Canada and Mexico
   September
      2002             Handok : Agreement to out-license the rights of Perifosine in
                                             South Korea

    April 2009
                       Yakult : development, manufacture and commercialization of
                                           Perifosine in Japan

   March 2011
                          Hikma pharmaceuticals : Commercialization and license
                                    agreement for the MENA region
   November
     2011
Aeterna Zentaris ANNUAL INFORMATION FORM ON FORM 20-F 2010
Aeterba Zentaris Press Release – November 23rd, 2011
Commercialization and license agreement for
         the MENA (Middle East and North Africa)
                         region



                Initial up-front payment               Leading drug company in the MENA region

          Milestone payments : up to $2
                     million                              Registration and marketing of
                                                                    perifosine
          Royalties on future net sales of
          perifosine in the MENA region
           Supply perifosine to Hikma
         Pharmaceuticals on a cost-plus-
                      basis
Aeterba Zentaris Press Release – November 23rd, 2011
Investor Presentation, February 14th, 2012, www.aezsinc.com
Investor Presentation, February 14th, 2012, www.aezsinc.com
Investor Presentation, February 14th, 2012, www.aezsinc.com
Investor Presentation, February 14th, 2012, www.aezsinc.com
Cancer Tissue
             LHRH receptor                                    (e.g. breast, endometrial, ovarian,
                                                                 prostate and bladder cancer)
             Reproductive Tissue
                     Hypophysis


                  Healthy Tissue                                         AEZS-108

          Consequence for the cytotoxic agent :
                           ↑ Efficacy                                 ↓ Side-Effects
Investor Presentation, February 14th, 2012, www.aezsinc.com
Phase 2

             Refractory Ovarian Cancer                        Positive efficacy and
                                                                   safety data
          Recurrent Endometrial Cancer


        Phase 1

                    Refractory Prostate Cancer                Positive efficacy and
                                                                   safety data
                                 Bladder Cancer
Investor Presentation, February 14th, 2012, www.aezsinc.com
Phase 2

             Refractory Ovarian Cancer                        Positive efficacy and
                                                                   safety data
          Recurrent Endometrial Cancer


        Phase 1

                    Refractory Prostate Cancer                Positive efficacy and
                                                                   safety data
                                 Bladder Cancer
Investor Presentation, February 14th, 2012, www.aezsinc.com
Investor Presentation, February 14th, 2012, www.aezsinc.com
Phase 1

                          Two Mecanisms of action
                                                    Tubulin polymerisation
        Topoisomerase II inhibition
                                                          inhibition


                             Advanced solid tumors

           Colon/rectum                   Lung                   Trachea

              Pancreas                   Prostate                Thyroide

      No clinically relevant drug-related adverse events
www.aezsinc.com
Investor Presentation, February 14th, 2012, www.aezsinc.com
Diagnostic test for
                                 Adult Growth
                              Hormone Deficiencies

             Low energy levels                 Emotional changes



                  Impaired sleep                     Anxiety



        Decreased strength and                Increased weight or
          exercise tolerance                 difficulty losing weight
www.aezsinc.com
Phase 3
                Diagnostic test for
                  Adult Growth
               Hormone Deficiencies

                   Ghrelin agonist




www.aezs.com
Hypothalamus

                                     GH-RH

               Ghrelin agonist
                                  Hypophysis

                                      GH




www.aezs.com
Phase 3
                           Diagnostic test for
                             Adult Growth
                          Hormone Deficiencies

                                Ghrelin agonist


          Secretion of growth                     No secretion of growth
            hormone (GH)                              hormone (GH)



         No growth hormone                           Growth hormone
             deficiencies                              deficiencies
www.aezsinc.com
Phase 1
                    Tumor induced
                  cachexia and others

                     Ghrelin agonist




www.aezsinc.com
Hypothalamus

                                         GH-RH

                  Ghrelin agonist
                                     Hypophysis

                                            GH

                                           Liver

                                          IGF I/II

                                    Metabolic activation
                                      Tissue growth
                                         Muscles
www.aezsinc.com                           Bones
Phase 1
                    Tumor induced
                  cachexia and others

                     Ghrelin agonist




                    ↓ loss of weight
                    ↓ muscle atrophy
                    ↓ fatigue
                    ↓ weakness
                    ↓ loss of appetite

www.azesinc.com
Number of shares
                                                                80
                                                                75
                                                                70




                                                      Million
                                                                65
                                                                60
                                                                55
                                                                50
                                                                     2006      2007   2008    2009   2010




                                                                                               Sanofi
                                                                                             partnership




                                                                                                       Studies good results
                                                                                                         announcement




http://www.nasdaq.com/symbol/aezs/interactive-chart
Net operating incomes
               40,000


               20,000
 Thousands $




                    0
                         2006        2007    2008       2009      2010

               -20,000


               -40,000
                                                                                Long-term liabilities
               -60,000
                                                                                     64697
                                                               70000
                                                                                               57768
                                                               60000                                    50648
                                                               50000
                                                               40000
                                                               30000
                                                               20000
                                                                         12517
                                                               10000
                                                                  0
                                                                         2007       2008       2009     2010
Audited Annual Financial Statements 2010 and 2008
Gleevec®

                   Zometa®

                   Femara®

                   Afinitor®

                   Exjade®

                   Tasigna®

www.novartis.com
Pipeline in 2011




www.novartis.com Annual Report 2011
Oncology leader        Sales by therapeutic area
                               Phase III and registration

                 MabThera®

                    Avastin®

                  Herceptin®

                     Xeloda®

                    Tarceva®

Roche in Brief 2011 by Roche
Oncology leader

               MabThera®
                            Protropin®
                             Avastin®
                Avastin®
                            Herceptin®
                            Nutropin®
               Herceptin®
                             Tarceva®
                Xeloda®
                             Rituxan®
                Tarceva®

www.gene.com
Aezs-108 (diagnosis
                                                  Protropin®
           companion test)

                                                  Nutropin®




www.aezsinc.com Press Release January, 5th 2012
Focused R&D
    Promising pipeline    Debts
   Focused on 2 areas     Financial dependence
   Multiple indications   1 product marketed
Cetrotide® sales better   Dependent on third
         than expected    parties
 2 products in phase 3    Failure in Phase 3 or
   Oncology : growing     SAE : detrimental
                market    Low-value shares :
       Companion test     tender offer?
  Fast Track processes    Purchase?
        2 NDA for 2012    Bankrupt?
          Orphan Drugs
AEterna Zentaris

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AEterna Zentaris

  • 1. Nicolas Bernard Pauline Flipo Mélanie Tilte Florent Zoonekynd
  • 2.
  • 4. 90/09/12: creation of Aeterna Laboratories by Eric and Luc Dupont Aim: developing a medicine against cancer Financial need: creation of Atrium Biotechnologies Commercial division: cosmetics and nutritional supplement Commercial earnings reinvest in cancer R&D Paul Burroughs, Communication Director, Aeterna Zentaris Inc.
  • 5. Cancerous cell Black/Common Spiny Dog Fish Fractions of cartilage: anti-angiogenesis power Anti-collagenase activities: MMP inhibitors Problem: quality of the powder composition •Adequate extraction of the anti-angiogenic molecules •Preservation of biological activities during extraction and storage Shark cartilage extracts as anti-angiogenic agents: smart drinks or bitter pills? D. Gingras, A. Renaud, N. Mousseau, R. B´eliveau, Cancer and Metastasis Reviews 19: 83–86, 2000.
  • 6. New entity •Water-soluble extract •Concentrated in biologically-relevant molecules Effect of Æ-941 on embryonic neovascularization. Chick embryo Shark cartilage extracts as anti-angiogenic agents: smart drinks or bitter pills? D. Gingras, A. Renaud, N. Mousseau, R. B´eliveau, Cancer and Metastasis Reviews 19: 83–86, 2000.
  • 7. New entity •Water-soluble extract •Concentrated in biologically-relevant molecules Effect of Æ-941 on embryonic neovascularization. Chick embryo Shark cartilage extracts as anti-angiogenic agents: smart drinks or bitter pills? D. Gingras, A. Renaud, N. Mousseau, R. B´eliveau, Cancer and Metastasis Reviews 19: 83–86, 2000.
  • 8. Renal and non-small cell Oncology Neovastat® lung cancer development Dermatology Psovascar® Ophthalmology Neoretna® Discontinued Rheumatology Arthrovas®
  • 9. October 2002 Orphan drug status in renal cancer (FDA) September 2003 Phase III study for metastatic renal cancer doesn’t achieve its goal
  • 10. December 2003 Clinical development stopped in renal cancer February 2006 Clinical development stopped in non-small cells lung cancer Chemoradiotherapy With or Without AE-941 in Stage III Non–Small Cell Lung Cancer: A Randomized Phase III Trial, Charles Lu and Al, JNCI, 2010 102 (12)
  • 11. 1990 2002 Aeterna Laboratories formation Zentaris AG acquisition
  • 12. Degussa AG Asta-Medica GmbH Zentaris AG New opportunities Marketing alliances and strategic partnerships: •Serono •Solvay •Baxter Aeterna acquires German biopharmaceutical Zentaris from Degussa, PR Newswire
  • 13. New portfolio •Oncology: o6 products in clinical trials (phases I to III) o2 products in preclinical phase •Endocrinology: o1 product approved and commercialized o1 product in clinical trials o2 products in preclinical phase
  • 14. Atrium Biotechnologies Inc. acquired Pure Encapsulations Inc. March March May 1990 2002 2003 2004 2004 Aeterna GmbH & Aeterna Zentaris AG New name: Laboratories merger Aeterna Zentaris Inc. formation Zentaris AG acquisition Aeterna Zentaris, Thomson Reuters Pharma ™company report
  • 15. Atrium Biotechnologies Inc. acquires Multichem Inc. January 2005 Echelon Biosciences acquisition Aeterna Zentaris, Thomson Reuters Pharma ™company report
  • 16.
  • 17. Atrium voting shares distribution Atrium Biotechnologies Inc. acquired Multichem Inc. January 2006 2005 2007 Echelon Biosciences acquisition Aeterna Zentaris, Thomson Reuters Pharma ™company report
  • 18. October 2006: Beginning of Atrium shares distribution 3,485 million voting shares $47 million (24% of $14,12 each share the company’s ownership) January 2007: End of Atrium shares distribution Last 11 million shares Shareholders would receive 0.2079 of an Atrium share for each Aeterna share Aeterna Zentaris, Thomson Reuters Pharma ™company report
  • 19. Atrium voting shares distribution Atrium Biotechnologies Inc. acquired Multichem Inc. January 2006 November 2005 2007 2007 Echelon Echelon Biosciences Biosciences sale acquisition
  • 20.
  • 21. 80 Aeterna Zentaris Inc. Canada 10 Aeterna Zentaris GmbH Aeterna Zentaris Inc. Germany New Jersey, USA Zentaris IVF GmbH Germany Aeterna Zentaris ANNUAL INFORMATION FORM ON FORM 20-F 2010 10
  • 22.
  • 23. Therapeutic areas Product development Oncology Endocrinology Colorectal cancer Adult Growth Hormone Deficiency Multiple Myeloma Own product In vitro fertilization Endometrial cancer discovery unit Ovarian cancer Prostate cancer Bladder cancer
  • 24. Investor Presentation, February 14th, 2012, www.aezsinc.com
  • 25. Approval EU: 1999 US: 2001 JP: 2006 Marketed World: Merck Serono > 90 countries JP: Shionogi JP: Nippon Kayaku www.aezsinc.com, Products in the market, Cetrotide®
  • 26. Marketed In Vitro fertilization LHRH antagonist Dose-dependent action Pr Andrew Schally Development Benign Prostatic Hyperplasia Endometriosis Uterine myoma www.aezsinc.com, Products in the market, Cetrotide®
  • 27. Hypothalamus 14 days LH-RH Hypophysis LH & FSH Ovarian - Estrogens Follicular phase http://fr.wikipedia.org/wiki/Am%C3%A9norrh%C3%A9e
  • 28. Hypothalamus 14 days 14 days LH-RH Hypophysis LH & FSH Ovarian + Estrogens Ovulation Ovulation http://fr.wikipedia.org/wiki/Am%C3%A9norrh%C3%A9e
  • 29. Hypothalamus - LH-RH Hypophysis LH & FSH Ovarian + - Estrogens LH surge too soon Follicular phase http://fr.wikipedia.org/wiki/Am%C3%A9norrh%C3%A9e
  • 30. FSH or hMG (Gonal-F®) Stimulates growth of eggs Cetrotide® Prevents early release of hCG eggs Induces maturation of eggs Start of Possibility of Eggs nearly Eggs retrieved Embryos transferred stimulation LH surge mature for fertilization (3 to 5 days after cycle begin with sperm egg retrieval) www.aezsinc.com
  • 31. March 2009 Association with Sanofi Study results: primary endpoints not December, 7th 2009 matched End of the association December, 18th 2009 Discontinuation of Cetrorelix in BHP 80,000 R&D Sales 60,000 -56.2% Thousands $ 40,000 -54.7% 20,000 0 2006 2007 2008 2009 2010 www.aezs.com Financial report 2010 and 2008
  • 32. Investor Presentation, February 14th, 2012, www.aezsinc.com
  • 33. Oral anticancer treatment PI3K (phosphoinositide 3- kinase) pathway Alkylphosphocholine Inhibition of Akt activation Induction of apoptose www.aezs.com ANNUAL INFORMATION FORM ON FORM 20-F 2010
  • 35. Phase 3 Multiple Myeloma Perifosine Bortezomib Dexamethasone Perifosine Lenalidomid Dexamethasone September 2009 FDA : Orphan drug December 2009 FDA : Fast Track designation March 2010 EMA : Orphan drug Aeterna Zentaris ANNUAL INFORMATION FORM ON FORM 20-F 2010
  • 36. Phase 3 Colon cancer Perifosine Capecitabine April 2010 FDA : Fast Track designation July 2011 EPO : Patent for the association Until July 28th, 2023 Aeterna Zentaris ANNUAL INFORMATION FORM ON FORM 20-F 2010 Press release July 12th, 2011
  • 37. Phase 3 Colon cancer Phase 2 : Time to Progression and Overall Survival Investor Presentation, February 14th, 2012, www.aezsinc.com
  • 38. Phase 2 Waldenstrom’s Macroglobulinemia Renal cell carcinoma Sarcoma Gliomas Leukaemia Non-Small Cells Lung Cancer + Radiation therapy Phase 1 Neuroblastoma Aeterna Zentaris ANNUAL INFORMATION FORM ON FORM 20-F 2010
  • 39. NIH/NCI : Cooperative Research and Development Agreement May 2000 Access Oncology, Inc./Keryx : Cooperation and license agreement for the United States, Canada and Mexico September 2002 Aeterna Zentaris ANNUAL INFORMATION FORM ON FORM 20-F 2010
  • 40. Cooperation and license agreement for the United States, Canada and Mexico Free access to all data from Keryx and its partner’s studies Milestone payments Clinical Development Scale-up royalties to be paid on future net sales of Perifosine Aeterna Zentaris ANNUAL INFORMATION FORM ON FORM 20-F 2010
  • 41. NIH/NCI : Cooperative Research and Development Agreement May 2000 Access Oncology, Inc./Keryx : Cooperation and license agreement for the United States, Canada and Mexico September 2002 Handok : Agreement to out-license the rights of Perifosine in South Korea April 2009 Yakult : development, manufacture and commercialization of Perifosine in Japan March 2011 Aeterna Zentaris ANNUAL INFORMATION FORM ON FORM 20-F 2010
  • 42. Development, manufacture and commercialization of Perifosine in all human uses, excluding leishmaniasis in Japan Initial up-front payment of €6 million ($8.3 million) Development, Manufacture, Com Milestone payments : up to €44 mercialization in Japan million ($60.9 million) Royalties on future net sales of Perifosine in the Japanese market Aeterna Zentaris ANNUAL INFORMATION FORM ON FORM 20-F 2010
  • 43. NIH/NCI : Cooperative Research and Development Agreement May 2000 Access Oncology, Inc./Keryx : Cooperation and license agreement for the United States, Canada and Mexico September 2002 Handok : Agreement to out-license the rights of Perifosine in South Korea April 2009 Yakult : development, manufacture and commercialization of Perifosine in Japan March 2011 Hikma pharmaceuticals : Commercialization and license agreement for the MENA region November 2011 Aeterna Zentaris ANNUAL INFORMATION FORM ON FORM 20-F 2010 Aeterba Zentaris Press Release – November 23rd, 2011
  • 44. Commercialization and license agreement for the MENA (Middle East and North Africa) region Initial up-front payment Leading drug company in the MENA region Milestone payments : up to $2 million Registration and marketing of perifosine Royalties on future net sales of perifosine in the MENA region Supply perifosine to Hikma Pharmaceuticals on a cost-plus- basis Aeterba Zentaris Press Release – November 23rd, 2011
  • 45. Investor Presentation, February 14th, 2012, www.aezsinc.com
  • 46. Investor Presentation, February 14th, 2012, www.aezsinc.com
  • 47. Investor Presentation, February 14th, 2012, www.aezsinc.com
  • 48. Investor Presentation, February 14th, 2012, www.aezsinc.com
  • 49. Cancer Tissue LHRH receptor (e.g. breast, endometrial, ovarian, prostate and bladder cancer) Reproductive Tissue Hypophysis Healthy Tissue AEZS-108 Consequence for the cytotoxic agent : ↑ Efficacy ↓ Side-Effects Investor Presentation, February 14th, 2012, www.aezsinc.com
  • 50. Phase 2 Refractory Ovarian Cancer Positive efficacy and safety data Recurrent Endometrial Cancer Phase 1 Refractory Prostate Cancer Positive efficacy and safety data Bladder Cancer Investor Presentation, February 14th, 2012, www.aezsinc.com
  • 51. Phase 2 Refractory Ovarian Cancer Positive efficacy and safety data Recurrent Endometrial Cancer Phase 1 Refractory Prostate Cancer Positive efficacy and safety data Bladder Cancer Investor Presentation, February 14th, 2012, www.aezsinc.com
  • 52. Investor Presentation, February 14th, 2012, www.aezsinc.com
  • 53. Phase 1 Two Mecanisms of action Tubulin polymerisation Topoisomerase II inhibition inhibition Advanced solid tumors Colon/rectum Lung Trachea Pancreas Prostate Thyroide No clinically relevant drug-related adverse events www.aezsinc.com
  • 54. Investor Presentation, February 14th, 2012, www.aezsinc.com
  • 55. Diagnostic test for Adult Growth Hormone Deficiencies Low energy levels Emotional changes Impaired sleep Anxiety Decreased strength and Increased weight or exercise tolerance difficulty losing weight www.aezsinc.com
  • 56. Phase 3 Diagnostic test for Adult Growth Hormone Deficiencies Ghrelin agonist www.aezs.com
  • 57. Hypothalamus GH-RH Ghrelin agonist Hypophysis GH www.aezs.com
  • 58. Phase 3 Diagnostic test for Adult Growth Hormone Deficiencies Ghrelin agonist Secretion of growth No secretion of growth hormone (GH) hormone (GH) No growth hormone Growth hormone deficiencies deficiencies www.aezsinc.com
  • 59. Phase 1 Tumor induced cachexia and others Ghrelin agonist www.aezsinc.com
  • 60. Hypothalamus GH-RH Ghrelin agonist Hypophysis GH Liver IGF I/II Metabolic activation Tissue growth Muscles www.aezsinc.com Bones
  • 61. Phase 1 Tumor induced cachexia and others Ghrelin agonist ↓ loss of weight ↓ muscle atrophy ↓ fatigue ↓ weakness ↓ loss of appetite www.azesinc.com
  • 62.
  • 63. Number of shares 80 75 70 Million 65 60 55 50 2006 2007 2008 2009 2010 Sanofi partnership Studies good results announcement http://www.nasdaq.com/symbol/aezs/interactive-chart
  • 64. Net operating incomes 40,000 20,000 Thousands $ 0 2006 2007 2008 2009 2010 -20,000 -40,000 Long-term liabilities -60,000 64697 70000 57768 60000 50648 50000 40000 30000 20000 12517 10000 0 2007 2008 2009 2010 Audited Annual Financial Statements 2010 and 2008
  • 65.
  • 66. Gleevec® Zometa® Femara® Afinitor® Exjade® Tasigna® www.novartis.com
  • 67. Pipeline in 2011 www.novartis.com Annual Report 2011
  • 68. Oncology leader Sales by therapeutic area Phase III and registration MabThera® Avastin® Herceptin® Xeloda® Tarceva® Roche in Brief 2011 by Roche
  • 69. Oncology leader MabThera® Protropin® Avastin® Avastin® Herceptin® Nutropin® Herceptin® Tarceva® Xeloda® Rituxan® Tarceva® www.gene.com
  • 70. Aezs-108 (diagnosis Protropin® companion test) Nutropin® www.aezsinc.com Press Release January, 5th 2012
  • 71. Focused R&D Promising pipeline Debts Focused on 2 areas Financial dependence Multiple indications 1 product marketed Cetrotide® sales better Dependent on third than expected parties 2 products in phase 3 Failure in Phase 3 or Oncology : growing SAE : detrimental market Low-value shares : Companion test tender offer? Fast Track processes Purchase? 2 NDA for 2012 Bankrupt? Orphan Drugs