UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): June 3, 2020

 

 

REPLIMUNE GROUP, INC.

(Exact name of registrant as specified in its charter)

 

 

Delaware		001-38596		82-2082553
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification Number)

 

500 Unicorn Park

Woburn, MA 01801

(Address of principal executive offices, including Zip Code)

 

Registrant’s telephone number, including area code: (781) 222-9600

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨            Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨            Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨            Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨            Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock, par value $0.001 per share		REPL		The Nasdaq Stock Market LLC (Nasdaq Global Select Market)

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).  Emerging growth company x

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. x

 

 

Item 7.01

Regulation FD Disclosure.

 

On June 3, 2020, Replimune Group, Inc. (the “Company”) issued a press release announcing new interim data from the Phase 2 part of its Phase 1/2 clinical trial of RP1 in combination with Opdivo. The Company will host a virtual investor event at 8:00 a.m. ET on Wednesday, June 3, 2020 to present the interim data. The webcast and accompanying slides will be available under “Events and Presentations” in the Investors and Media section of the Company’s website at www.replimune.com. A copy of the virtual investor event presentation deck and the press release is attached as Exhibits 99.1 and 99.2 to this Current Report on Form 8-K, respectively. The Company undertakes no obligation to update, supplement or amend the materials attached hereto.

 

The information contained in this Item 7.01 and in the accompanying Exhibits 99.1 and 99.2 shall not be incorporated by reference into any filing of the Company, whether made before or after the date hereof, regardless of any general incorporation language in such filing, unless expressly incorporated by specific reference to such filing. The information in this Item 7.01 and the accompanying Exhibits 99.1 and 99.2 shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section or Sections 11 and 12(a)(2) of the Securities Act of 1933, as amended. 

 

Item 9.01

Financial Statements and Exhibits.

 

Exhibit No.		Description
99.1		Company Presentation dated June 3, 2020.
99.2		Press Release dated June 3, 2020.

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

	REPLIMUNE GROUP, INC.
Date: June 3, 2020	By:	/s/ Jean Franchi
		Jean Franchi
		Chief Financial Officer

 

 

Exhibit 99.1

 

NEXT GENERATION ONCOLYTIC IMMUNOTHERAPY NEXT-GENERATION ONCOLYTIC IMMUNOTHERAPY Data Update June 3rd 2020

 

Safe harbor 2 Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding the advancement of our clinical trials, patient enrollments in our existing and planned clinical trials and the timing thereof, the results of our clinical trials, the timing and release of ou r clinical data, our goals to develop and commercialize our product candidates, our expectations regarding the size of the patient populations for our product candidates if approved for commercial use and other statements identified by words such as “could,” “expects,” “intends,” “may,” “plans,” “potential,” “should,” “will,” “would,” or similar expressions and the negativ es of those terms. Forward-looking statements are not promises or guarantees of future performance, and are subject to a variety of risks and uncertainties, many of which are beyond our control, and which could cause actual results to differ materially from those contemplated in such forward-looking statements. These factors include risks related to our limited operating history, our ability to generate positive clinical trial results for our product candidates, the costs and timing of operatin g our in-house manufacturing facility, the timing and scope of regulatory approvals, changes in laws and regulations to which we are subject, competitive pressures, our ability to identify additional product candidates, political and global macro factors including the impact of the SARS-COV-2 coronavirus as a global pandemic and related public health issues, and other risks as may be detailed from time to time in our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and other reports we file with the Securities and Exchange Commission. Our actual results could differ materially from the results described in or implied by such forward-looking statements. Forward-looking statements speak only as of the date hereof, and, except as required by law, we undertake no obligation to update or revise these forward-looking statements.

 

3 3 IntroductionPhilip Astley-Sparke / Chief Executive Officer Summary of Interim ResultsRobert Coffin, Ph.D. / Founder & Head of R&D CSCC Data UpdateKevin Harrington, Ph.D. / The Royal Marsden Melanoma Data UpdateMark Middleton, Ph.D. / University of Oxford Pipeline UpdateRobert Coffin, Ph.D. / Founder & Head of R&D Summary RemarksPhilip Astley-Sparke / Chief Executive Officer

 

Professor of Biological Cancer Therapies at The Institute of Cancer Research, London, and Consultant Clinical Oncologist at The Royal Marsden NHS Foundation Trust Leads the Targeted Therapy Team which focuses on two main areas: (i) the use of viruses as anti-cancer agents; and (ii) the development of new drugs that sensitize cancer cells to radiation. Specializes in treating patients with head and neck cancer, salivary gland and skin cancers. He has published more than 500 articles on cancer treatment and his work has been featured in newspaper and television reports.

 

Professor of Experimental Cancer Medicine in the Department of Oncology, consultant Medical Oncologist at the Oxford Cancer and Haematology Centre and Head of the Department of Oncology at the University of Oxford. Research specializes on the development of new cancer drugs and on the treatment of melanoma and upper gastrointestinal tract cancers. Mark has overseen the development of internationally leading melanoma and upper GI clinical research groups and establishment of portfolios of early phase radiotherapy and haematooncology trials in Oxford.

 

6 Proprietary ‘Immulytic’ oncolytic immuno-gene therapy platform Intended to maximally activate the immune system against a patient’s cancer Intended to establish Replimune’s products as the second cornerstone of immuno-oncology RP1 – in multiple clinical trials, with current focus on immune-responsive tumors Lead indication – advanced cutaneous squamous cell carcinoma (CSCC) Strong efficacy signal from single arm data in combination with Opdivo – data updated today Ongoing 240 patient registration directed randomized trial in combination with Libtayo Single agent study in organ transplant recipients contra-indicated for anti-PD1 enrolling Anti-PD1 refractory melanoma 125 patient cohort enrolling Strong signal from current RP1 combined with Opdivo melanoma cohort – data updated today RP2 & RP3 - intended to treat less immune-responsive tumors Ongoing Phase 1 clinical trial of RP2 alone & combined with Opdivo Safety & efficacy with single agent RP2 & initial data combined with Opdivo expected by end 2020 RP3 intended to enter the clinic in H2 2020

 

A potent underlying virus strain RP1 Enhanced potency oncolytic immunotherapy backbone RP2 Additionally expresses anti-CTLA-4 RP3 Expresses GALV-GP R-, anti-CTLA-4, CD40L & 4-1BBL Replimune believes HSV to be the most potent, versatile & clinically validated virus species for oncolytic use There is great diversity among clinical HSV strains 29 new clinical strains were tested & the most effective engineered for oncolytic use Increased tumor killing & spread Armed with GM-CSF & a potent fusogenic protein (GALV-GP R-) Increases direct & immunogenic tumor killing* Intended for immune responsive tumor types Delivery of potent immune stimulatory proteins Focus on clinically validated pathways which function at the time & place of immune response initiation, but where systemic engagement is sub-optimal Anti-CTLA-4 Immune-costimulatory pathway activators Aims to increase efficacy while reducing toxicity Intended for less & non-immune responsive tumor types * Replimune pre-clinical data published in Thomas et at JITC 2019

 

June 2019 Dec 2019 June 2020Dec 2020 Phase 2: Melanoma + Opdivo (N=30)* Phase 2: NMSC (mostly CSCC) + Opdivo (N=30)* Data readouts to support the registration directed trials RP1 Anti-PD1 refractory NSCLC + Opdivo Phase 2: MSI-H cancers + Opdivo (N=30)* Potential Registration studies Ph 2: RP1+anti-PD1 in anti-PD1 refractory melanoma (N=125)* Phase 2: RP1+ Libtayo vs. Libtayo in CSCC (N=240)# “CERPASS” Phase 1b: RP1 in CSCC transplant patients (N=30) RP2 Phase 1: RP2 alone & + Opdivo (N≈20)* RP3 Tox, biodist & GMP Phase 1 (N≈20) * Under clinical trial collaboration & supply agreement with BMS for the supply of Opdivo – full commercial rights retained by Replimune # Under clinical trial collaboration agreement with Regeneron; 50:50 sharing of clinical trial costs – full commercial rights retained by Replimune

 

Cutaneous squamous cell carcinoma data update Six of seven patients with follow up treated with RP1+Opdivo have ongoing PRs or CRs Four patients with ongoing CRs (including of uninjected distant tumors): Clear differentiation from anti-PD1 monotherapy Data continues to highlight RP1 is well tolerated, demonstrates immune activation & continues to drive durable and deep responses in patients with CSCC Anti-PD1 refractory cutaneous melanoma data update 16 patients treated with RP1 in combination with Opdivo 5 patients in response - 2 further patients remain on treatment with the opportunity for response These responses (which include patients with extensive visceral disease) wouldn’t be expected with a second line of anti-PD1; 4/5 had failed prior combined Yervoy/Opdivo Activity also shown in anti-PD1 refractory uveal and mucosal melanoma patients Data presented today continues to support the current registration-directed clinical trials

 

10 CSCC opportunity overview

 

Lead indication overview: CSCC 11 RP1 The second most common skin cancer with ≈700,000 patients annually in the U.S.1 Occurs when DNA damage from exposure to ultraviolet radiation or other agents triggers abnormal changes to squamous cells 10% have ‘high risk’ disease (recurs following initial surgery) Approximately 7,000-15,000 US deaths annually1-3 Most conservative addressable population 80% of patients die from locoregional progression, not metastatic disease4,5 Potential US market estimated at 7,000-28,000 patients annually1-4 Only approved anti-PD-1 therapy: Libtayo (Regeneron) 1Rogers et al JAMA Dermatol 10 2015 2Clayman et al JCO 23 2005 3Mansouri et al J Am Acad Dermatol 153 2017 4Schmults et al JAMA Dermatol 149 2013 5Motaparthi et al Adv Anat Pathol 24 2017

 

Regeneron has paved the way in CSCC 12 Libtayo generated ~$200M in 1st year sales Libtayo captured market share of systemic therapies 11% 9% 15% 14% 14% 13% 13% 11% 19%22% 11%12% 28% 31% 32% 35% 39% 41%42% 43% $14 $4 15%25%22% 21%20% 20%18% 10%9%9% 8%7% 7%7%6% USRO W 14%13%12%11% 11%9% 17% 15% 15% 14% 13% 13%13%12% $15$27$41 $48 $61 61% 42%43%41%42%38%38% 9%9%9%8% 35%35%35%34% 8% 32% 8%8%7% 29%30%30% 4 Q 18 1 Q 19 2 Q 19 3 Q 19 4 Q 19 N et Pr oduct Sales*, $M illion Befo r e Lau n ch O c t' 1 8 Nov' 18 Dec'18 Jan' 1 9 Feb'1 9 M a r'1 9 Ap r'1 9 M ay'1 9 Ju n'1 9 Ju l' 1 9 Aug'19 Sep'19 O c t' 1 9 N ov '19 A d v a n c e d C S C C – Total U .S . Patien t S h a r e b y Products† Libtay o C hemoEGFRKey tr udaOpdiv oPD-L1s 9 C S C C – C utaneous Squam ous Ce ll Ca rcinoma † S o u r c e : Regeneron Q1 2020 Corporate Presentation U pdated IQ VIA – C l ai ms th roug h N ov ’1 9

 

Single agent anti-PD1 data in advanced CSCC 13

 

Registration-directed randomized controlled trial in collaboration with Regeneron 240 patients Randomized 2:1 (RP1+ Libtayo vs. Libtayo alone) Primary endpoint ORR Secondary endpoints include CR rate, duration of response, PFS, OS Aim to show 15% delta improvement in ORR Control arm ORR expectation based on anti-PD1 single agent data 34-51% Control arm CR expectation based on anti-PD1 single agent data <10% at data cut off Aim to also improve durability and show multi-fold (2-3x) improvement in CR rate

 

30 patient clinical trial of single agent RP1 open for enrollment in solid organ transplant recipients (liver & kidney) Organ transplant recipients are at increased risk of malignancy, with CSCC most prevalent 70% of patients develop CSCC within 20 years1 Anti-PD1 therapy contra-indicated due to the risk of organ rejection in around 40% of patients Clinical data indicates that RP1 has single agent activity in CSCC Intend expansion of the CSCC program to also include neoadjuvant use 1Fisher et al J Am Acad Dermatol 82 2020

 

16 Current CSCC data

 

So far, nine patients have been treated with RP1 + Opdivo: 4 locally advanced, 5 metastatic, 56% had prior systemic therapy 6/7 patients with follow up in ongoing response Patient 1: Ongoing CR Patient 2: Ongoing CR (previously PR) Patient 3: PD Patient 4: Ongoing PR Patient 5: Ongoing CR Patient 6: Ongoing CR (new) Patient 7: Ongoing PR (new) Other NMSC patients enrolled: BCC: N=2 (PD, no follow up yet) Merkel cell carcinoma: N=1 (PD) Angiosarcoma: N=2 (PR, no follow up yet) Patient 8: Initiated dosing 24th April 2020 (no follow up) Patient 9: Initiated dosing 28th April 2020 (no follow up)

 

Time from first dose * Maximum change in tumor diameter -33% -63% * Patient died from progressive disease before formal assessment

 

19 Example CSCC patients

 

16th June 2019 (baseline) 1st July 2019 (post one dose of RP1, no Opdivo) 16th July 2019 (post 2 doses of RP1 & 1 dose of Opdivo) Patient with recurrent CSCC of the neck (bilateral, right injected), retroperitoneal nodes & bone metastases (not injected) Previously treated with cisplatin-based chemoradiation & carboplatin/5-FU Both the large injected tumor & the smaller contralateral tumor in the neck reduced considerably before the first Opdivo dose, i.e. after the first dose of RP1, followed by resolution of all disease

 

The protocol mandated biopsy of the injected tumor taken at day 43 was tumor free No tumor was found to remain when a biopsy was attempted from the left neck

 

Baseline16 weeks The patient also had baseline retroperitoneal tumors which have completely resolved

 

29.5.198.8.197.10.19 Complete sclerosis of all bone lesions with no areas of active disease. Declared radiological CR. Confirmed by PET scan (next slide) Indicates area of increased bony sclerosis, indicative of healing response of lytic metastases

 

Bone metastases had substantially increased by CT between the prior PET scan (June 2018) and initiating the trial (June 2019), but no PET scan was performed at screening. The PET scan to confirm CR of bone mets performed Feb 2020 showed no active disease

 

Patient 2 (4402-2001): CD8 T cell & PD-L1 staining 25 D43 CD8PD-L1

 

2nd Sept 2019 (pre-dosing) 16th Sept (post single RP1 dose, no Opdivo) 15th Oct 2nd Dec13th Jan Baseline scan Recurrent CSCC of the neck (injected) and lung metastases (not injected) Previously treated with radiotherapy with immediate relapse The large injected tumor in the neck flattened considerably after the first dose of RP1 (i.e. before the first Opdivo dose), & continued to reduce thereafter

 

28th August 201925th October 2019 The only other sites of disease were lesions in the lung, which have also significantly reduced

 

25th Sep 2019 (Baseline) 9th Oct 2019 (post single RP1 dose, no Opdivo) 23rd Oct 20196th Nov 201920th Nov 20194th Dec 201916th Jan 2020 Recurrent, rapidly progressing CSCC of the left cheek with bone invasion through the maxillary region, previously treated with surgery & radiation before trial entry The lesion flattened considerably after the first dose of RP1, and continued to reduce after the first dose of Opdivo CR confirmed by biopsy in December

 

23rd December 2019 (Baseline) 6th January 2020 (post single RP1 dose, no Opdivo) 20th January 20202nd March 2020 Recurrent, rapidly progressing CSCC of the nasal region (3.5cm tumor), previously treated with carboplatin & radiation before trial entry

 

BaselineDay 57

 

18th Dec 2019 (Screening) 2nd Feb 202014th April 2020* The alternative to study treatment was rhinectomy * CT done in a different plane to prior scans to maximally capture the affected area

 

SCR

 

33 Anti-PD-1 refractory melanoma opportunity overview

 

Anti-PD1 refractory melanoma – market opportunity 34 Approximately half of advanced melanoma patients still die of their disease, despite multiple approved therapies now being available Anti-PD1, anti-CTLA-4, combined anti-CTLA-4/anti-PD1, BRAF targeted agents Approximately 7,230 US deaths annually from metastatic melanoma1 Approximately 62,000 deaths annually world-wide High unmet medical need for patients with baseline resistance to checkpoint therapy 40-65% of all metastatic melanoma are primary refractory to initial anti-PD1 therapy2 The expected response rate to retreatment with anti-PD1 therapy following progression on single agent anti-PD1 is 6-7%3 The expected response rate to Yervoy having failed initial single agent anti-PD1 is 13%4 https://seer.cancer.gov (2019 data) Gide et al Clin. Cancer Res 24 2018 Ribas et al Lancet Oncology 19 2018; Hodi et al JCO 34 2016 Pires de Sliva et al ASCO 2020 RP1

 

Anti-PD1 refractory melanoma; 125 patient study underway 35 RP1 Enrollment of a 125 patient potentially registrational cohort underway RP1 combined with Opdivo Hurdle for success intended to be discussed with FDA late 2020 ORR to a second line of anti-PD1 is estimated at 6-7%1 Targeting patients with primary/acquired resistance to anti-PD1 therapy Treated with anti-PD1or anti-PD1/anti-CTLA-4 for at least 12 weeks with progression confirmed on successive scans Includes patients failing anti-PD1 adjuvant therapy Very unlikely to respond to further treatment with single agent anti-PD1 High un-met medical need 1Ribas et al Lancet Oncology 19 2018; Hodi et al JCO 34 2016

 

36 Current melanoma data

 

36 melanoma patients have been enrolled & treated with RP1 combined with Opdivo, with the last patient enrolled on Jan 7th 2020* As of May 2nd 2020 (data cut off), the status of the patients in this immature data set was: Anti-PD1 refractory cutaneous melanoma (N=16 [8 having had prior anti-CTLA-4 and anti-PD1]): Nine patients showed initial clinical benefit**, seven ongoing, with five so far having met the formal definition of response*** Anti-PD1 naive cutaneous melanoma (N=8): Eight patients showed initial clinical benefit**, six ongoing, with four so far having met the formal definition of response Mucosal melanoma (N=6): 3 patients showed initial clinical benefit**, two ongoing (one anti-PD1 naive, one having had prior anti-PD1), with both having met the formal definition of response*** Uveal melanoma (N=6): Five patients showed initial clinical benefit** (all anti-PD1 refractory), two ongoing, one having a 27.3% reduction by RECIST (uni-dimensional measurement)/61% reduction by WHO (bi-dimensional measurement) *Phase 1 expansion cohort & phase 2 melanoma cohort combined**SD or better with evidence of anti -tumor activity ***RECIST other than PD requires confirmation on successive scans

 

All Cutaneous melanoma Mucosal melanoma Uveal melanoma Number 36 24 6 6 Age: Range 28-95 28-95 40-78 44-85 Prior anti-PD1 25 16* 5 4 Prior single agent anti-PD1 9 7 1 1 Prior anti-PD1/anti-CTLA-4 16 9 4 3 Prior anti-PD1 % 69% 67% 83% 67% Stage IIIc 2 2 0 0 Stage IV M1a 7 3 4 0 Stage IV M1b 11 10 1 0 Stage IV M1c 16 9 1 6 Stage IV M1b/c % 75% 79% 33% 100% disease

 

Example melanoma patients

 

Anti-PD1 refractory cutaneous melanoma patients

 

22nd Oct 2019 (Screening) 9th March 2020 D43 liver biopsy tumor free Reduction of injected & uninjected liver lesions

 

22nd Oct 2019 (Screening) 9th March 2020 Reduction of uninjected lung lesions

 

1st July 2019 (screening) 26th August 2019 22nd October 2019 5th November 20197th April 2020 Biopsy awaited to confirm CR Disease in the foot, leg & nodes in the groin Initial progression in the leg/foot followed by response

 

2nd July 201917th Sept 201919th Nov 20197th April 2020 (screening)

 

10th June 2019 24th June 2019 (pre Opdivo) 2nd September 2019 16th March 2020 Baseline disease in the thigh, groin & lungs Tumors in the thigh flattened after the first dose of RP1, i.e. prior to Opdivo & extensive oedema rapidly reduced

 

May 2019 (Baseline) August 2019 Patient quality of life has also greatly improved, from being essentially immobile to being fully mobile Patient remains on treatment at 10 months December 2019

 

22nd May 2019 16th March 202022nd May 201916th March 2020 Reduction of uninjected lung lesions

 

CD8PD-L1 Baseline Day 43 biopsy

 

49 Mucosal melanoma patients

 

12th Nov 2019 (Screening) 12th March 2020 D43 biopsy tumor free

 

20th Aug 2019 (Screening) 15th Jan 2020 Excision biopsy tumor free 1st April 2020

 

52 Uveal melanoma patients

 

Baseline (2nd Jan 2019)24th April 2019 Baseline disease included multiple c/sc deposits up to 4cm, 5-13mm lung & liver mets, multiple intra-abdominal up to 2cm. Initial response in numerous c/sc deposits, including uninjected (some biopsied showing no remaining residual tumor) and large scalp lesion. Other disease stable. Treatment discontinued 20th Nov 2019 (new brain lesions).

 

25th Sept 2019 (Screening) 3rd April 2020 Patient with extensive disease in the liver 27.3% reduction by RECIST (unidimensional), 61% reduction by WHO (bi-dimensional) Treatment ongoing

 

Safety of RP1 combined with Opdivo in patients with skin cancers Treatment related treatment emergent adverse events (TEAEs) N=41 Preferred term Grade 1-2 Grade 3 (all) Grade 4 Grade 5 (>15%) # (%) (all) (all) # (%) # (%) # (%) Pyrexia 17 (41.5) 1 (2.4) 0 0 Chills 16 (39.0) 0 0 0 Influenza like symptoms 11 (26.8) 0 0 0 Fatigue 8 (19.5) 5 (12.2) 0 0 Decreased appetite 1 (2.4) 0 0 Dehydration 1 (2.4) 0 0 Hypotension 1 (2.4) 0 0 Lipase Increased 1 (2.4) 0 0 Localised oedema 1 (2.4) 0 0 Lymph node pain 1 (2.4) 0 0 Oedema 1 (2.4) 0 0 Rash 1 (2.4) 0 0 Seroconversion test positive 1 (2.4) 0 0 Total 34 (82.9) 8 (19.5) 0 0 Patients who discontinued due to TEAE 4 (9.8) Patients in the melanoma & NMSC phase 2 cohorts treated with RP1 combined with Opdivo as of 1st May 2020 There continues to be a good safety profile, with most AE’s being Grade 1/2 constitutional-type symptoms Injections into visceral tumors practical and well tolerated, with clinical activity seen

 

56 RP1 in other tumor types

 

Activity in a patient with angiosarcoma (ongoing PR) 57 Patient withdrew from treatment due to Opdivo side effects 6th November 201918th February 2020

 

22 year old female with MSI-H rectal cancer Prior neoadjuvant FOLFOXIRI Treated with RP1 combined with Opdivo Ongoing PR Biopsy “No tumour present - strips of dysplastic epithelium and inflammatory exudate only” 9th October 201920th November 201915th January 202025th March 2020

 

Latest scan (March 2020) shows 87% reduction (including of uninjected abdominal disease) 4th Dec 2019 (C5)29th Jan 2020 (C8)25th March 2020 (C11)

 

Heavily pre-treated esophageal cancer (8 prior therapies) Lung lesions & lesions around the esophagus. Treated with RP1 combined with Opdivo Ongoing PR at 10 months BaselineC5C11BaselineC11

 

Esophageal cancer: CD8 T cell & PD-L1 staining 61 CD8PD-L1 Baseline Day 43 biopsy

 

New cohort in anti-PD1 refractory NSCLC & termination of bladder cohort 62 Due to the changing competitive landscape in bladder cancer Replimune has elected to direct resources to a new high-value target & terminate the enrollment of the bladder cancer cohort Anti-PD1 refractory NSCLC is an area of considerable un-met need, with no SOC/viable options RP1 combined with Opdivo has demonstrated the ability to shrink lung metastases RP1 combined with Opdivo shows activity in anti-PD1 refractory melanoma RP1 has been administered safely into lung tumors in multiple patients using imaging guidance The lung is an ‘immune responsive’ site Agreed with BMS to ‘swap in’ an anti-PD1 relapsed/refractory NSCLC cohort in place of the bladder cancer cohort

 

63 Beyond immune responsive tumor types: RP2 & RP3

 

Focus on delivery of proteins which act as the immune response is being generated Systemic antibody approaches probably don’t act at the right place or the right time Potential for toxicity RRPP2 RRPP3 Delivery of anti-CTLA-4 directly into the tumor Blocks Treg activation/inhibition of T cell activation at the site of immune response initiation Retain the efficacy of Yervoy alone & in combination with anti-PD1 but reduce toxicity Phase 1 trial alone & combined with Opdivo underway – initial data expected late 2020 Delivery immune co-stimulatory pathway activating ligands RP3 encodes anti-CTLA-4, CD40L & 4-1BBL CD40L: Broadly activates both innate & adaptive immunity 4-1BBL: Promotes the expansion of cellular & memory immune responses Phase 1 trial alone & combined with anti-PD1 expected to initiate this year

 

RP1 - CSCC Significant expected commercial opportunity Clear path to market Frequency of CRs provides clear differentiation to anti-PD1 alone Biomarkers (CD8 T cells & PD-L1) supportive RP1 - Anti-PD1 refractory melanoma Significant expected commercial opportunity Clear activity in Yervoy/Opdivo failed patients, including with extensive visceral disease Biomarkers (CD8 T cells & PD-L1) supportive Activity also seen in mucosal & uveal melanoma patients RP1 - Early indications of activity seen beyond skin cancers Clinical testing of RP1 combined with Opdivo in anti-PD1 refractory NSCLC planned

 

RP1 - CSCC Complete recruitment of 30 patient NMSC cohort with Opdivo Present data from first patients dosed in single agent transplant study Plan for neoadjuvant study RP1 - Anti-PD1 refractory melanoma Discuss potential path to market with FDA Report mature data set from 30 patient completed cohort with Opdivo RP1 - Finalize planning for anti-PD1 refractory NSCLC cohort RP2 - Initial data from phase 1 trial of RP2 alone & combined with nivolumab RP3 - Phase 1 clinical trial to initiate *COVID-19 has impacted & is expected to continue to impact accrual & therefore the number of patients from whom data is expected to be available during 2020, with average expected length of follow up also expected to be reduced.

 

 

 

 

Exhibit 99.2

 

Replimune Provides RP1 Data Update from its Phase 2 Cohorts in Melanoma and Non-Melanoma Skin Cancer that Strongly Support Replimune’s Ongoing Registration-Directed Clinical Trials with RP1

 

Multiple Complete Responses Observed in Advanced Cutaneous Squamous Cell Carcinoma

 

High Rate of Deep Responses in Anti-PD-1 / Anti-CTLA-4 Refractory Melanoma

 

Announces Intention to Commence Clinical Development in Anti-PD-1 Refractory Non-Small Cell Lung Cancer

 

Woburn, MA, June 3, 2020 – Replimune Group, Inc. (Nasdaq: REPL), a biotechnology company developing oncolytic immuno-gene therapies derived from its Immulytic™ platform, today announced new interim data presented from the Phase 2 part of its Phase 1/2 clinical trial of RP1 in combination with Opdivo^® that continues to provide strong support for its lead indications of cutaneous squamous cell carcinoma (CSCC) and anti-PD-1 refractory melanoma.

 

“CSCC is a significant commercial opportunity that we believe has the potential to drive substantial value for the company. The number of complete responses (CRs) observed is highly suggestive that our combination approach with RP1 can provide better patient outcomes compared to anti-PD-1 therapy alone, where CRs are infrequent,” said Philip Astley-Sparke, CEO of Replimune. “In anti-PD-1 refractory melanoma, we believe we also have a strong efficacy signal and are optimistic that our currently-enrolling 125 patient cohort could generate data to support regulatory approval, pending feedback from the U.S. Food and Drug Administration (FDA) and other regulatory agencies. We are also excited to be moving to evaluate RP1 in anti-PD-1 refractory non-small cell lung cancer (NSCLC), given the large unmet need in this tumor type. We believe we have established clinical proof of principle with RP1 in immune-responsive tumor types and in anti-PD-1 refractory cancers, and now have a solid foundation upon which to establish our product candidates more broadly as the second cornerstone of immuno-oncology.”

 

New interim clinical data in CSCC from the enrolling 30 patient non-melanoma skin cancer cohort evaluating RP1 in combination with Opdivo continues to strongly support the Company’s registration-directed clinical trial of RP1 in combination with Libtayo^®

 

Overall, four of seven evaluable patients have ongoing CRs and six of seven have an ongoing CR or partial response (PR) (compared to one out of five patients and two out of five, respectively, as presented at the Society for the Immunotherapy of Cancer meeting in November 2019). The data continues to demonstrate that RP1 in combination with Opdivo is well-tolerated, demonstrates immune activation and continues to drive deep and durable responses in patients with CSCC. Furthermore, the number of CRs observed to date in advanced CSCC patients with aggressive disease treated with RP1 in combination with anti-PD-1 provides clear differentiation versus anti-PD-1 therapy alone, which we believe provides the Company strong validation of its clinical development plan.

 

 

“The data in patients with CSCC treated with RP1 in combination with Opdivo has continued to strengthen since it was last presented at the SITC conference in November 2019, with PRs converting to CRs, providing patients with the potential for cure, and with further responses observed, including CRs,” said Professor Kevin Harrington, PhD, Professor in Biological Cancer Therapies at The Institute of Cancer Research, London, and Consultant Clinical Oncologist at The Royal Marsden NHS Foundation Trust​ in the UK. “RP1 in combination with anti-PD-1 therapy therefore appears to be highly active for the treatment of CSCC, both in patients with advanced loco-regional disease, which is the main cause of death in patients with CSCC, and in patients with distant metastatic disease, with the potential to provide a highly effective new therapeutic option for these patients.”

 

The Company’s registration-directed Phase 2 clinical trial (CERPASS) in CSCC is a multi-center, randomized, controlled clinical trial intended to enroll approximately 240 patients. The primary objective is to compare the response rate following treatment with RP1 in combination with Libtayo versus Libtayo alone. Libtayo is an anti-PD-1 therapy developed by Regeneron and Sanofi and was approved by the FDA last year for the treatment of patients with metastatic or locally advanced CSCC who are not candidates for curative surgery or radiation. This clinical trial is being conducted under the Company’s collaboration agreement with Regeneron. Multiple clinical trial sites in the United States and Australia are open for enrollment. Additional clinical trial sites in these and other countries will be added, with recruitment expected to take approximately 18 to 24 months.

 

A clinical trial of single-agent RP1 in organ transplant recipients with CSCC is also open for enrollment. This clinical trial is intended to enroll approximately 30 patients and assess the safety and efficacy of RP1 in liver and kidney transplant recipients with recurrent CSCC. Anti-PD-1 therapy is not indicated for solid organ transplant recipients due to the risk of rejection of the transplanted organ.

 

New interim clinical data in anti-PD-1 refractory melanoma from the fully accrued 30 patient melanoma cohort testing RP1 in combination with Opdivo continues to strongly support the Company’s registrational approach

 

Overall, 36 melanoma patients have been treated in the Phase 1/2 clinical trial of RP1 in combination with Opdivo, of which there were 6 patients in the Phase 1 expansion cohort and 30 patients in the Phase 2 cohort. Sixteen anti-PD-1 refractory cutaneous melanoma patients have been treated. An additional eight patients with anti-PD-1 naïve cutaneous melanoma and 12 patients with uveal or mucosal melanoma (both anti-PD-1 naïve and refractory) have also been enrolled. Initial results from this immature data set (the final patient was enrolled in January 2020) in the anti-PD-1 refractory cutaneous melanoma patients showed:

 

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Five patients so far have met the formal criteria for response; four of which had previously failed both anti-PD-1 and anti-CTLA-4 therapies

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Two further patients remain on treatment with the opportunity for response

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The minimum final objective response rate (ORR) for these patients will therefore be 31%

 

 

The majority of melanoma patients treated with anti-PD-1 therapy have primary resistance, or acquire resistance to checkpoint blockade drugs following initial response. The clear activity of RP1 in anti-PD-1 refractory patients, including in patients with extensive visceral disease, represents a new potential therapeutic option for these patients. Based on the initial efficacy data with RP1 in melanoma, the Company initiated a registration-directed 125-patient cohort of anti-PD-1 refractory melanoma in the Phase 2 clinical trial of RP1 in combination with Opdivo in the first quarter of 2020. The additional cohort is being enrolled under an expansion of the clinical trial collaboration and Opdivo supply agreement with Bristol Myers Squibb (BMS).

 

Clinical data from the additional patients with anti-PD-1 naïve cutaneous melanoma, mucosal melanoma and uveal melanoma are also supportive of the clinical activity of RP1 in combination with Opdivo. This includes eight patients with anti-PD-1 naïve cutaneous melanoma, six patients with mucosal melanoma and six patients with uveal melanoma.

 

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Anti-PD-1 naïve cutaneous melanoma (N=8): Four patients so far have met the formal definition of response with two further patients remaining on treatment with the opportunity for response

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Mucosal melanoma (N=6): Two patients (one anti-PD1 naive, one having had prior anti-PD-1) have met the formal definition of response

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Uveal melanoma (N=6): Two patients with extensive liver disease are responding to treatment, both refractory to combined Opdivo and Yervoy®, one so far having a 27.3% reduction by RECIST criteria uni-dimensional measurement and 61% reduction by WHO criteria bi-dimensional measurement

 

“Responses to RP1 in combination with Opdivo in patients with difficult to treat melanomas who have failed both anti-PD-1 and anti-CTLA-4 would not have been expected for those receiving a second line of anti-PD1 alone,” said Mark Middleton, Professor of Experimental Cancer Medicine in the Department of Oncology, consultant Medical Oncologist at the Oxford Cancer and Haematology Centre and Head of the Department of Oncology at the University of Oxford. “The clinical activity of RP1 in combination with Opdivo in these patients appears robust, with the overall safety profile suggesting no additional toxicities compared to anti-PD1 therapy alone.”

 

The data from this clinical update can be found in the presentation linked here.

 

Based on the emerging data indicating that RP1 can be safely administered to tumors in the lung and that evidence of activity, including in anti-PD1 refractory disease, has been observed in patients with lung metastases of other tumor types, the Company announced its intention to enroll a thirty patient cohort of patients with anti-PD1 refractory NSCLC in the Phase 2 clinical trial of RP1 in combination with Opdivo, subject to approval of a protocol amendment by the regulatory authorities. The Company also announced that it plans to terminate the enrollment of the cohort of patients with metastatic bladder cancer in light of changes to the competitive landscape.

 

Investor event and webcast information

 

Replimune will host a virtual investor event today, Wednesday, June 3, 2020 at 8:00 a.m. ET. The webcast and accompanying slides will be available under “Events and Presentations” in the Investors and Media section of the company’s website at www.replimune.com. Alternatively, audience members may listen to the call by dialing (833) 651-0806 from locations in the United States and (918) 922-6072 from outside the United States. The conference ID number is 4268503. An archived webcast recording of the event will be available on the website for approximately 30 days.

 

 

About CSCC

 

CSCC is the second most common form of skin cancer and is estimated to be responsible for at least 7,000 deaths each year in the United States. It currently accounts for approximately 20% of all skin cancers in the United States, with the number of newly diagnosed cases expected to rise annually. When CSCC invades deeper layers of the skin or adjacent tissues, it is categorized as locally advanced. Once it spreads to other distant parts of the body, it is considered metastatic. Libtayo^â is the only approved therapy in the United States and Brazil, and conditionally approved therapy in the European Union and Canada, for the treatment of locally advanced or metastatic CSCC.

 

About Melanoma

 

Melanoma is a form of skin cancer characterized by the uncontrolled growth of pigment-producing cells (melanocytes) located in the skin. Metastatic melanoma is the deadliest form of the disease and occurs when cancer spreads beyond the surface of the skin to other organs. The incidence of melanoma has been increasing steadily for the last 30 years. In the United States, 91,270 new diagnoses of melanoma and more than 9,320 related deaths are estimated for 2018. Globally, the World Health Organization estimates that by 2035, melanoma incidence will reach 424,102, with 94,308 related deaths. Melanoma is mostly curable when treated in its very early stages; however, survival rates are roughly halved if regional lymph nodes are involved.

 

About RP1

 

RP1 is Replimune’s lead Immulytic™ product candidate and is based on a proprietary new strain of herpes simplex virus engineered to maximize tumor killing potency, the immunogenicity of tumor cell death and the activation of a systemic anti-tumor immune response.

 

About Replimune

 

Replimune Group, Inc., headquartered in Woburn, MA, was founded in 2015 to develop the next generation of oncolytic immuno-gene therapies for the treatment of cancer. Replimune is developing novel, proprietary therapeutics intended to improve the direct cancer-killing effects of selective virus replication and the potency of the immune response to the tumor antigens released. Replimune’s Immulytic^™ platform is designed to maximize systemic immune activation, in particular to tumor neoantigens, through robust viral-mediated immunogenic tumor cell killing and the delivery of optimal combinations of immune-activating proteins to the tumor and draining lymph nodes. The approach is expected to be highly synergistic with immune checkpoint blockade and other approaches to cancer treatment. Replimune intends to progress these therapies rapidly through clinical development in combination with other immuno-oncology products with complementary mechanisms of action. For more information, please visit www.replimune.com.

 

 

Forward Looking Statements

 

This press release contains forward looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding our expectations about the advancement of our clinical trials, our plans to initiate new clinical trials, our goals to develop and commercialize our product candidates, our expectations regarding commercialization of our product candidates, our expectations regarding the size of the patient populations for our product candidates if approved for commercial use, patient enrollments in our existing and planned clinical trials and the timing thereof, our expectations with respect to our own in-house manufacturing capabilities, and other statements identified by words such as “could,” “expects,” “intends,” “may,” “plans,” “potential,” “should,” “will,” “would,” or similar expressions and the negatives of those terms. Forward-looking statements are not promises or guarantees of future performance, and are subject to a variety of risks and uncertainties, many of which are beyond our control, and which could cause actual results to differ materially from those contemplated in such forward-looking statements. These factors include risks related to our limited operating history, our ability to generate positive clinical trial results for our product candidates, the costs of operating our in-house manufacturing facility, the timing and scope of regulatory approvals, changes in laws and regulations to which we are subject, competitive pressures, our ability to identify additional product candidates, political and global macro factors including the impact of the coronavirus as a global pandemic and related public health issues and other risks as may be detailed from time to time in our Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q and other reports we file with the Securities and Exchange Commission. Our actual results could differ materially from the results described in or implied by such forward-looking statements. Forward-looking statements speak only as of the date hereof, and, except as required by law, we undertake no obligation to update or revise these forward-looking statements.

 

Investor Inquiries

Chris Brinzey

Westwicke, an ICR Company

339.970.2843

chris.brinzey@westwicke.com

 

Media Inquiries

Arleen Goldenberg

Verge Scientific Communications

917.548.1582

agoldenberg@vergescientific.com