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Istar Medical Corporate Presentation

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Istar Medical Corporate Presentation Corporate Presentation OCTOBER 2020 Next Generation Devices to Treat Glaucoma iSTAR Medical Investors Company Highlights ISO 13485 • Private VC-backed company • Targeting the MIGS* segment: fastest growing segment in Ophthalmic devices • Lead product MINIject™ expected to provide best-in- class performance • Primary Endpoints met in First-In-Human and CE clinical trials • Regulatory Plans setup to achieve CE mark in 2021, and FDA clearance in 2024 • Completed €40M Series-C financing in July 2019 (*) Micro-invasive Glaucoma surgery © iSTAR Medical. Confidential. 2 Our People Board of Directors Management Team Scientific & Clinical Advisors Michel Lussier Michel Vanbrabant Chairman of the Board CEO Ike Ahmed, MD Christoph Hirneiss, • CEO of Metronom Health, Chairman of Celyad • Formerly with Abbott, St.Jude Medical, PneumRx (Boston Toronto, Canada MD, Ph.D. Scientific) Munich, Germany Lionel Carnot Katya Smirnyagina Zubair Hussain Stefan Uhrlandt • Partner, Earlybird Philippe Denis, Julian Garcia Feijoo, • Partner, Capricorn VP Regulatory & VP R&D Venture Capital, and Health-Tech MD, Ph.D. MD, Ph.D. Clinical Affairs • Formerly with MD with Bay City Venture Fund Lyon, France Madrid, Spain Capital • Formerly with Evonik Industries, Pfizer, Alcon, JNJ Ethicon, Ipsen Alcon Ciba Vision David Guyer, MD Bram Vanparys Antonio Fea, Norbert Pfeiffer, • Co-Founder & • Partner, Gimv Dan Scherrer Nadia Verwilghen Chairman of MD, Ph.D. MD, Ph.D. VP Operations VP Finance Ophthotech Corp. Torino, Italy Mainz, Germany • Formerly with • Formerly Auditor DePuy Spine at PWC and CFO at (JNJ), Synthes, MCI WorldCom, Biwi ABB, ASL Airlines Marty Wax, MD Marc Nolet de Brian Flowers, MD Steven Vold, MD • CMO and Brauwere Fayetteville, USA Executive VP of Dallas, USA • CEO of PhysIOL (cutting-edge IOLs) R&D at PanOptica, Inc. Anne Portwich • Partner, LSP © iSTAR Medical. Confidential. 3 Glaucoma Progressive, sight- Associated with elevated Intraocular Pressure threatening disease, (IOP) in most cases largely asymptomatic Blocked drainage canal builds up Second cause of blindness fluid after macular degeneration worldwide22 Excess fluid increases pressure which damages optic nerve >80 >100 million million Proven therapeutic options aim at lowering IOP people people1 Sources: 1. Market Scope estimates for Glaucoma prevalence (August 2020) 2. WHO/NMH/PBD/12.01 – Global data on visual impairments 2010 & Glaucoma Devices: Progress On 2016 2021 Multiple Fronts, Elsevier Business Intelligence, April 2013 © iSTAR Medical. Confidential. 4 Glaucoma: Treatment Options & their limitations Disease progression Mild Moderate Severe Refractory Eye drops Traditional Surgery MIGS Safe and fast procedure Fastest growing market segment… • Largely dependent upon • Invasive and associated with Patient Compliance complications • Significant side-effect from ▪ Fibrotic reactions eye drops (ocular surface ▪ Patient maintenance disease) (bleb) © iSTAR Medical. Confidential. 5 iSTAR Medical’s Lead Product: MINIject STAR® MINIjectTM Medical grade silicone with precision-pore geometry A supraciliary MIGS implant made of STAR® anti-fibrotic Soft, flexible, tissue-friendly material Developed at the University of Washington, Seattle, USA iSTAR has exclusive rights in Ophthalmology MINIject Patents Granted to iSTAR to the STAR® anti-fibrotic material © iSTAR Medical. Confidential. 6 The STAR® anti-fibrotic material Rabbit Study, Supraciliary Placement – 6m Follow Up Cornea Iris Exceptional No Encapsulation STAR implant Biointegration observed as shown by the Choroid of the device with surrounding tissue colonizing absence of a continuous the porous structure while surrounding fibrous capsule, Retina preserving in vivo drainage nor continuous macrophage, Sclera efficacy nor a continuous fibroblast layer Source: Prof. Nathalie Collignon (CHU of Liège, Liège, © iSTAR Medical. Confidential. Belgium); In-vivo: CER Groupe (Marloie, Belgium); Histology: GIGA-ULg Immunohistology Platform (University of Liège, Liège, Belgium). March 2013. 7 MIGS Clinical Performance Indicators Meds (Eye-drops) Intra-ocular Pressure (IOP) As low as possible Under control • Highest % of patients off eg. 10 to 20 mmHg meds depending on disease • Lowest use of meds to severity achieve target IOP MIGS Performance Re-Intervention Safety (SAE, ECL,…) As low as possible As low as possible • Lowest SAE rate • Secondary Incisional • No impact on endothelial Surgery corneal cells • Needling (sub-conj) • No impact on visual field and acuity © iSTAR Medical. Confidential. 8 STAR-I @ 24 month Clinical Performance Indicators Meds (Eye-drops) Intraocular Pressure (IOP) 48% Meds-free Mean 13.8 mmHg 1.1 mean active 41% reduction ingredients MINIject Best in Class Performance Re-Intervention Safety (SAE, ECL,…) (for Glaucoma) No Ocular SAE None Mean ECL < 5% © iSTAR Medical. Confidential. 9 MINIject: Summary The next generation MIGS • Micro-invasive technology which is safe and intuitive made of anti-fibrotic to implant in the supraciliary space medial grade silicone • Strong IP around anti-fibrotic STAR® material, device STAR® material design and implantation method • Designed for powerful and enduring IOP reduction • STAR-I trial highly positive efficacy and safety data supports use and excellent patient acceptance for vast majority of mild-moderate glaucoma patients • Extensive clinical program evaluating the efficiency and safety with market access to CE countries and MINIject USA © iSTAR Medical. Confidential. 10.
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