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The RNA Oncology Company
NASDAQ Symbol: RNAZ
Investor Presentation
Forward Looking Statements
2
Disclaimer
Statements in this presentation contain “forward-looking statements” that are subject to substantial risks and uncertainties.
Forward-looking statements contained in this presentation may be identified by the use of words such as “anticipate,”
“expect,” “believe,” “will,” “may,” “should,” “estimate,” “project,” “outlook,” “forecast” or other similar words, and
include, without limitation, statements regarding TransCode Therapeutics, Inc.’s expectations regarding projected timelines
of clinical trials, and expectations regarding current or future clinical trials. Forward-looking statements are based on
TransCode Therapeutics, Inc.’s current expectations and are subject to inherent uncertainties, risks and assumptions that
are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may
not prove to be accurate, including that clinical trials may be delayed; that the data reported may be interim data,
conclusions as to which may be superseded by subsequent data we receive in connection with other and/or subsequent
clinical trials; and that any anticipated meeting with or presentation to the FDA may be delayed. These and other risks and
uncertainties are described more fully in the section titled “Risk Factors” in TransCode Therapeutics, Inc.’s prospectus
dated July 8, 2021, and other reports filed with the U.S. Securities and Exchange Commission. Forward-looking
statements contained in this presentation are made as of this date, and TransCode Therapeutics, Inc. undertakes no duty to
update such information except as required under applicable law.
Capitalization
Corporate
Source of Capital Amount
Seed Capital (Angel investors) 2,240,000
SBIR Grant 2,300,000
IPO* 25,400,000
Total $29,940,000
*Net Proceeds
NASDAQ Symbol: RNAZ
Common Shares 12,904,574
Options (WAEP $0.32) 1,792,672
Underwriter Warrants (WAEP $5.00) 312,500
Total 15,009,746
3
TransCode Therapeutics - The RNA Oncology Company
RNAi
PRR
CRISPR
mRNA
•Developing multiple RNA approaches in oncology
•Lead therapeutic candidate targeting principal driver of metastasis
RNA’s power and potential
•Optimized delivery of RNA therapeutics to genetic targets in cancer
•File eIND FIH (Phase 0) clinical study 1H 2022
•Modular toolbox enabling rational drug design
TTX Platform: Resolving delivery challenge of RNA therapeutics
•Early programs targeting biomarkers in numerous solid tumor types
•Access to genetic targets previously undruggable without RNA delivery
R&D: Broad and diverse oncology pipeline
•Adding to robust IP portfolio
•Experienced management, board of directors and advisory team
•Highly capital efficient
Corporate
Summary
RNA
Strategy
PRR- Pattern recognition receptors; CRISPR - Clustered Regularly Interspaced Short Palindromic Repeats 4
TTX-Based Modular Design Toolbox
Platform
5
Annotated genetic code
Based on phenomenon of genetic complementarity
Nanocarrier delivery mechanism
Tunable chemistries (size, charge, surface chemistry)
optimized depending on the tissue that is being
targeted and approach used
Imaging
Provides specific measurement of drug
delivery to target tissue of interest and
pharmacokinetics of the drug during drug
development
Modular design toolbox
Synthesize libraries of therapeutic agents
optimized for molecular targets/desired approach:
Therapeutic oligonucleotides
Genetic code provides a coded blueprint for
drug design optimized for a given cancer
indication
RNAi
PRR
CRISPR
mRNA Vaccine
6
Platform One Delivery System – Multiple RNA Approaches
TTX
Delivery
Platform
PRR
Radiolabeled
Therapeutics
RNAi
mRNA
Text
Here
Diagnostics
• Cancer Vaccines.
• Small Interfering RNA
• Antisense
• Non-coding RNA Mimics
• Biomarker Screening Assay
• Biomarker Diagnostic Assay
• Gene Repair
• Gene Replacement
• Pattern Recognition Receptors
• Targeting Innate Immune
System
• Early Drug Development
• Targeted Radiotherapy
CRISPR
Pipeline of First-in-Class RNA Therapeutic Candidates in Oncology
Programs
Drug
Candidate
Target
RNA
Type
Disease Indication Discovery Preclinical Phase 0 Phase 1 Phase 2 Phase 3 Key Anticipated Milestones
TTX-MC138 miR-10b RNAi
Metastatic Cancer Tox study 1H ‘22; eIND filing 1H ‘22
**Pancreatic Cancer Complete Preclinical Study 1H ‘22
**Glioblastoma (GBM) Completed In vitro Study 2H ‘21
**Glioblastoma (GBM),
SCLC, and Osteosarcoma
Complete In vivo Studies 2H ‘22
TTX-siPDL1 PD-L1 RNAi PDAC Complete Preclinical Study 1Q ‘22
* TTX-siLin28b Lin28b RNAi PDAC Complete Preclinical Study 1H ‘22
TTX-RIGA Multiple RIGI Cancer Agnostic Complete Preclinical Study 1Q ‘22
TTX-CRISPR Multiple CRISPR Cancer Agnostic Initiate Preclinical Studies 2H ‘22
TTX-mRNA
Cancer
Vaccine
mRNA Cancer Agnostic Initiate Preclinical Studies 2H ‘22
* TransCode signed an Exclusive Option Agreement with The General Hospital Corporation, d/b/a Massachusetts General Hospital, or MGH, for TTX-siLin28b. Under this Option, TransCode has the right to negotiate a
license to this asset with MGH. TransCode’s decision will depend on the results of a preclinical study it plans to conduct as shown above. PDAC: Pancreatic ductal adenocarcinoma
** Orphan designation
7
TTX Delivery
PLATFORM
A Proprietary Nanoparticle Delivery System
for RNA Oncology Therapeutics
8
Our delivery strategy employs a nanoparticle
extensively used in imaging that has been
repurposed to:
• Deliver oligonucleotides to tumors and metastases
• Achieve robust target engagement in tumor cells
anywhere in the body
9
The challenge in RNA
therapeutics: delivering an
oligonucleotide to its target
outside of the liver
We believe that demonstrating our ability to overcome the challenge of RNA delivery to genetic
targets would represent a major step forward in unlocking therapeutic access to a variety of genetic
targets involved in a range of cancers
Platform TTX Delivery System: 16+ Years of R&D Optimization
10
NH2
Iron Oxide Nanoparticle Platform:
• Long circulation half-life
• Avoids early kidney and liver clearance
• Unique capability to accumulate in tumor cells
and metastatic sites
• Image capable via MRI – quantifiable drug
delivery to the target organ
• Highly stable, low toxicity potential; low
immunogenicity
Dextran coating:
• Stabilizes nanoparticles
• Protects oligos from degradation
• Promotes uptake and entrapment inside tumor
cells
Disulfide bond:
• Allows oligo to disconnect from
nanoparticle in order to bind to
RNA/DNA target
RNA-targeted nucleic acid:
• Strong binding affinity, specificity & stability
while minimizing immunogenicity
Amino functional groups:
• Provide stabilization
Our delivery system is specifically designed to access targets inside tumor cells:
TTX Delivery Platform is Highly Differentiated
Platform
• Iron Oxide Nanoparticles were approved for the treatment of iron deficiency anemia & may be used clinically as imaging agents
• Designed for long circulation time & efficient accumulation in tumor cells while minimizing kidney & liver clearance
• Lipid nanoparticles carry a risk of immunogenicity; iron oxide nanoparticles mitigate against this risk
Competition & differentiation summary
Source: J Nano Res 2014, J Drug Targeting 2012, Alnylam presentation, Molecular Therapy-Nucleic Acids 2016, Nature Communications 2018, Molecular Therapy 2018, Int J Pharmaceut 2014,
Analytical Chem 2013, Large Molecular Therapeutics 2017, Current Pharma Design 2015, Radiology 2018
Particle Size (nm)
Optimized to minimize clearance &
maximize tumor uptake
siRNA lipid nanoparticles
siRNA lipid nanoparticles
siRNA lipid nanoparticles
miR liposomal nanoparticles
miR lipid nanoparticles
Kidney
Clearance
0 120
100
80
60
40
20 >120
miR minicells
siRNA angiplex particles
TTX-XXX
Liver Clearance
11
TTX-MC138
Lead Therapeutic Candidate:
Targeted Therapy Against Metastatic Cancer
12
Addressing High Unmet Need in Metastatic Cancer
13
TTX-MC138
* In combination with a low dose cytostatic (doxorubicin), see Figure 10 in S-1.
Market
• In 2020, 10
million people
worldwide died
from cancer –
the majority of
which resulted
from metastatic
disease
Problem
• Current treatments
do not specifically
target metastatic
disease, resulting
in high unmet
need, offering
potential for
streamlined
development and
expedited
regulatory path
Solution
• TTX-MC138
targets an RNA
molecule,
microRNA-10b,
shown to be the
master regulator of
metastatic
progression in
multiple tumor
types
Pre-clinical
Results
• Preclinical
studies* using
human tumor
models in mice
linked inhibition of
miR-10b with
regression of
established
metastases and no
recurrence or
toxicity during the
length of the
studies
• Significant
potential due to its
broad
applicability, as
monotherapy or in
combination with
SOC, across
multiple solid
tumor types
• Significant
potential due to its
broad treatment
applicability, as a
monotherapy or in
combination with
SOC, across
multiple solid
tumor types
Potential
Metastasis Treatment: Deficiency in the Oncology Market
TTX-MC138
90%
of Cancer Deaths
Due to Metastasis
$111B
Global Metastatic
Cancer Treatment
Market by 2027
Metastatic Cancer Reduces 5-year Survival Rate,
Highlighting Critical Need for Therapy Targeting
Metastasis
Source: 2019 American Cancer Society, Inc., Surveillance Research 14
Five-year Relative Survival rates (%) by Cancer Type and Stage at Diagnosis - US
microRNA-10b (miR-10b) is a Unique, Well Documented Biomarker
TTX-MC138
Clinical Evidence Demonstrated in >200 peer-reviewed publications over the last ten years
Biomarker of Metastasis
Positive expression associated with tumor
cell migration, invasion and viability of
metastatic tumor cells
Marker of local & distant metastasis
Linked to Higher Cancer Risk - Poor
Survival Outcomes
Carcinogenesis, presence of cancer
Poor overall-survival (OS)
Positive link to greater aggressiveness of
disease
Linked to Metastatic Progression in
Multiple Cancer Types
Breast, Pancreatic, Non-Small Cell Lung,
Gastric, Liver, Ovarian, Colorectal,
Prostate, Esophageal cancers as well as
Glioblastoma, and others
15
TTX-MC138 MOA designed to eliminate metastasis by inhibiting microRNA-10b
TTX-MC138
16
• TTX-MC138 is composed of proprietary nanoparticle delivery system + inhibitory
oligonucleotide targeting microRNA-10b, the driver of metastasis
• Delivery system designed to optimize delivery of oligonucleotides to tumor cells anywhere in the
body
• Unique capability to accumulate at metastatic sites
Cancer Res 75, 4407-4415 (2015); Sci Rep 7, 45060 (2017)
Mechanism of Action (MOA)
Preclinical Evidence of TTX-MC138 Delivery to Metastatic Sites
TTX-MC138
Study results
• Drug accumulated in distant metastatic
organs
• Drug accumulation co-localized with the
metastatic lesion
Source: Scientific Reports | 7:45060 | DOI: 10.1038/srep45060, Can Res 2015
Metastasis
TTX-MC138
Lymph Node Lungs Bone Liver Kidney Spleen Muscle
17
Accumulation in the liver, spleen & kidney as clearance mechanisms
Accumulation in lymph node, lung, and bone metastases
Tumor tissue (microscopy)
Accumulation in brain metastases
Red: TTX-MC138, Blue: cell nuclei
Clinical Feasibility of Delivery to Metastases
TTX-MC138
Sources: Hamilton et al, J Neurooncol 2016; Fredrickson et al, MRM 2017; Ramanathan et al, 2017 Clin Cancer Res
High confidence of delivery to metastatic sites in patients with TTX-MC138
* Ferumoxytol – iron oxide nanoparticles similar in size to TTX, used to treat iron-deficiency anemia
18
• Ferumoxytol* accumulates in lesions from multiple cancers
• Red arrows point to brain metastases in a patient with pancreatic cancer
• Nanoparticles visualized as darkening on MRI
Survival Benefit Observed Preclinically in Multiple TNBC* Models
TTX-MC138
Sources: Can Res 2015, Sci Report 2017 / Figure 11 in S-1 Preclinical results of TTX-MC138 in models of metastatic breast cancer 19
* TNBC – Triple-negative Breast Cancer
First in Human (FIH) Study - Microdosing Study in Breast Cancer Patients
20
TTX-MC138
Written guidance by FDA informing proposed FIH (Phase 0) trial
FIH study has the potential to:
• Demonstrate quantifiable evidence of delivery of TTX-MC138 to metastatic lesions in stage IV breast
cancer patients
• Inform Ph I/II clinical trials by measuring pharmacokinetics & biodistribution in vital organs & other tissues
• Extrapolate therapeutic dose level from microdose results
• Validate delivery for the TTX pipeline and open-up additional relevant RNA targets that have been
previously undruggable due to lack of RNA delivery challenges
“A major obstacle preventing widespread usage of oligonucleotide therapeutics has been the
difficultly in achieving efficient delivery to target organs & tissues other than the liver.”
Source: Advances in oligonucleotide drug delivery. Nature Reviews Drug Discovery volume 19, pages 673–694(2020)
Anticipated Study Design for Phase 0 Trial Using Radiolabeled TTX-MC138
• Precision measurement of pharmacokinetic endpoints by
noninvasive imaging (PET-MRI or PET-CT)
• Quantify delivery* to metastatic lesions
• Quantify delivery to vital organs
• Measure drug substance disposition by correlating
pharmacokinetic imaged measurements to LC-MS/MS
• Intended benefits:
• Quantitative measurement of amount of TTX-MC138 delivered
to metastatic lesions
• Permits measurement of the pharmacokinetics and
biodistribution of TTX-MC138 in metastatic lesions and other
tissues of the body
• Potential to inform dosing for Phase I-III clinical trials
• Further informs patient enrollment during Phase I-III trials based
on which patients’ metastases accumulate TTX-MC138
21
TTX-MC138
10 Patient Study
• Stage IV breast
cancer patients
• Single 100 µg dose
• Investigator sites:
Termeer Center and
I-3 Institute at MGH
Enrollment criteria
• Positive microRNA-
10b expression in
blood/tissue
• Stage IV cancer
patients with primary
tumor resected
Study Design
64Cu-TTX-MC138
*Microdosing study is informed by Dr. Medarova’s recent publication: Le Fur et al., Cancer Nanotechnology. 2021;12(1):16.
22
Quantifying microRNA
Expression in Patients
Validated assays for detection of microRNAs
Diagnostic Two Assays for Detection and Measurement of microRNA-10b in Blood
TransCode has developed two separate assays that
allow for detection of our lead candidate target, miR-
10b in patient blood samples:
1. Our screening assay has the capability of detection of
microRNA expression. The fluorescent read-out generated
by the assay is highly specific and has nanomolar sensitivity
2. Our quantitative diagnostic assay could be used to confirm
miR-10b expression in patient samples that reported positive
in the screening assay and measure the level of miR-10b
expression
Potential to:
• Identify patients that could benefit from treatment with TTX-
MC138
• Long term monitoring of disease recurrence
• Measure response to therapy
23
MicroRNA-10b (miR-10b) expression could be useful as 1) a
biomarker to detect the presence of metastasis and 2) a biomarker
to predict overall survival and disease-free survival in cancer
Next Steps & Milestones
24
Next Steps
• Complete CMC processes for radiolabeled Drug Product
(DP), 64Cu-TTX-MC138
• File eIND for FIH trial
• Conduct Phase 0 study at Termeer Center and Institute for
Innovation in Imaging (I3) at MGH
• Complete CMC processes for TTX-MC138 DS and DP
• CMO validation and characterization of DP;
sterilization/fill, finish/label DP for IND enabling
studies (Ph I/Ph II) and Ph I/Ph II clinical trials
• CMO manufacturing scaleup of GMP Drug Product
(DP) for Phase I/II
• File IND
• Conduct Ph I/II at investigator sites TBD
25
TTX-MC138
Exploratory IND for Ph 0 IND for Ph I/II
Planned Product Milestones
Products
26
• Complete Tox study for eIND submission 1H
• File eIND 1H
• Complete PC* study in Pancreatic 1H
• Complete IND-enabling studies for PhI/II 2H
• Complete Ph 0 clinical trial 2H
• Complete PC study in GBM 2H
• Complete PC study in SCLC 2H
• Complete PC study in Osteosarcoma 2H
• Dose first patient in Ph I clinical trial 1H
• Continue dosing additional patients in Ph I clinical trial
2022 2023
TTX-
MC138
R&D
Pipeline
• Complete PC studies for TTX-RIGA 1H
• Complete PC studies for TTX-siPDL1 in PDAC 1H
• Complete PC study for TTX-siLin28b in PDAC 1H
• Initiate PC studies for TTX-CRISPR 2H
• Initiate PC studies for TTX-mRNA 2H
• Outsource development of diagnostic programs 1H
* Pre-clinical
• File IND for for TTX-RIGA or TTX-siPDL1
Timing of Key Milestones
Product
27
File IND
Ph I/II trial
* Pre-clinical
PC study
GBM
File eIND Ph 0
PC* Studies
RIGA
1H 2022 2H 2022
Ph 0 study
results**
PC Study Lin28b
PDAC
PC Study PD-L1
PDAC
TTX-MC138
R&D Pipeline
Therapeutic Candidates
** Estimated
PC study
Pancreatic
1H 2023
Dose patient
Ph I/II
PC Studies CRISPR
PC Study
SCLC
PC Study
Osteosarcoma
Note: All pre-clinical study timelines are estimated times of completion
PC Studies
mRNA vaccine
2022 Corporate Milestones
Intellectual Property:
• File patents for new diagnostics
• File patents for new therapeutics
Regulatory:
• File for Orphan designations
Publications:
• Clinical Applications of non-coding RNA-based Therapies
in the Era of Precision Medicine
• Pre-clinical study results for lead candidate in GBM
• Pre-clinical study results for TTX-siPDL1in pancreatic cancer
• Pre-clinical study results for TTX-RIGA therapeutic
Partnerships:
• TBD
Operations:
• Grow company to 18-20 + employees
• Relocate lab and office
Investor meetings:
• CEO to present at Investor conferences
Marketing:
• Corporate branding
• New corporate website
Goals
28
29
Addendum Slides
TTX Oncology Candidates in Development
| PD-L1 | Lin28b | RIG-I | CRISPR| mRNA Vaccine
Pleiotropic Effects of miR-10b Driving Metastasis
Mechanism of Endogenous Delivery to Tumors and Metastases
Officers and Board
Corporate
Michael Dudley
Co-Founder, President,
Chief Executive Officer
& Director
• An entrepreneurial senior executive with over 40 years
of with diversified industry experience within the
biopharma industry and in multiple medical device
markets
Zdravka Medarova,
PhD
Co-Founder
Chief Technology
Officer
• Assoc. Professor of Radiology at Harvard Med School
• Developed core nanodelivery platform & identified
miR-10b as a therapeutic target; also developed the
siRNA approach to PD-L1 for our TTX-siPDL1
therapeutic. Authored many publications on targeted
cancer therapies
Thomas Fitzgerald,
MBA
Chief Financial Officer,
VP of Administration &
Director
• Extensive CFO and investment banking experience
• Former CFO of other life sciences companies
• Former founding Managing Director of Leerink Swann
& Company (now SVP Leerink)
Experience
Name
Philippe Calais, PhD
Independent Director,
Board Chair
• President, CEO and Director MatriSys Biosciences Inc.
• 33+ years of biotech & pharma industry experience
• Former President & CEO of Isarna Therapeutics,
developer of oligonucleotide therapeutics
• Former President/CEO Univalor & Ambrilia Biopharma
Erik Manting, PhD
Independent Director
• Chief Executive Officer, Immunicum AB, a clinical stage
oncology company in the Netherlands; Founder
BioEntrepreneur BV; Executive director of life sciences &
healthcare at Kempen & Co investment bank ’12-’17
Magda Marquet, PhD
Independent Director
• Strong expertise in M&A, global commercial
development and regulatory strategies.
• Serves on multiple boards of public & private companies
and is Chair of Micronoma, Matrisys Biosciences &
ProciseDx
30
Experience
Name
Mechanism of Endogenous Delivery to Tumors and Metastases
Platform
Hemodynamic targeting
• TTX is long-circulating (24-30 hours) - distributes
throughout the microcirculation of tumors and
metastases
• Small hydrodynamic size - easily extravasates from
the vascular endothelium (the inner cellular lining of
arteries, veins and capillaries) of tumors and
metastases and diffuses throughout the tumor tissue
Metabolic targeting
• Tumor cells are metabolically active and require
glucose for growth. Once in the tumor tissue, TTX,
which is coated with a non-metabolizable glucose
polymer, is avidly taken up by these metabolically
active tumor cells
• The process is similar to the mechanism behind
diagnostic PET imaging with fluorodeoxyglucose
(FDG), which is widely used to diagnose and stage
metastatic cancer
ŠTransCode Therapeutics, Inc.
Created with BioRender.com
31
miR-10b Pathway Pleiotropic Effects of miR-10b Driving Metastasis
TTX-MC138 Inhibits miR-10b Blocking Metastasis Through Multiple Pathways
Source: Am J Cancer Res 2018, Oncotarget 2016, Protein Cell 2011, 2(11): 889-898
TWIST1
TTX-MC138
miR-10b
NF1
ROCK
cJUN
Anti-apoptosis & cell proliferation
HOXD10
E-Cadherin
TBX5
PTEN
AKT
Select miR-10b Molecular Pathways
Improved self-renewal:
Proliferation, apoptosis & growth
Tumor cell motility & metastasis
Downstream
miR-10b
Effects
RHOC
32
TTX-siPDL1 Targets PD-1/PD-L1 with RNAi
R&D Pipeline
Checkpoint Inhibitors may not be effective in many cancers,
including pancreatic cancer:
TTX-siPDL1 – (RNAi) advantages:
We employ an RNAi approach which is intended
to prevent the synthesis of PD-L1 altogether
Traditional checkpoint inhibitors simply block
PD-1/PD-L1 from binding each other
Š 2015 Terese Winslow LLC
U.S. GOVT has certain rights
33
TTX-siPDL1 Generated Robust Preclinical Response in Mice
R&D Pipeline
90% tumor regression in the first two weeks of treatment
Source: Scientific Reports, 9 (1), 4712 2019
Results:
• High-dose TTX-siPDL1 + gemcitabine regressed pancreatic tumors
by 90% within the first two weeks of treatment and delayed tumor
growth. (Figure A above)
• Treatment increased survival - 67% of the experimental animals
survived for 12 weeks. (Figure B above)
34
gem = gemcitabine
TTX-siLin28b: Lin28b is a Therapeutic Target for Multiple Solid Tumors
R&D Pipeline
Lin28b is a biomarker of tumor survival and an actionable therapeutic target for solid tumors:
• RNA-binding protein that regulates mRNA translation and miRNA let-7 maturation in embryonic stem cells and developing tissues
• Evolutionarily constrained but aberrantly reactivated with overexpression of oncofetal proteins
• Increasing evidence, it serves as a critical oncogene for SIRT6 deficiency associated with tumor cells
• Believed to have broad applicability in aggressive solid tumors
• Increased expression of Lin28b correlated with poor survival in Pancreatic
Ductal Adenocarcinoma (PDAC) patients (Figure A)
o Lin28b is required for the growth and survival of SIRTlow PDAC
o Knocking down Lin28b with both small hairpin RNA (shRNA) and small
interfering RNA (siRNA) resulted in potent suppression of cell
proliferation and tumor sphere formation
o Knocking down Lin28b inhibited in vivo xenograft growth (Figure B)
o Knockdown of Lin28b led to both G1 cell-cycle arrest and induction of
apoptosis
Sources: Cell 2016 35
TransCode executed an exclusive option agreement with Massachusetts General Hospital (MGH),
for TTX-siLin28b, under which TransCode has the right to negotiate an exclusive license for this asset.
Key Preclinical Observations
Novel Targeting of Cancer Via RIG-I Signaling Pathway
TTX-RIGA
TTX-RIGA
(5’ppp-antisense tsRNA)
Tumor-specific
RNA (tsRNA)
RNA Sensing &
Activation of RIG-I
tsRNA-antisense tsRNA
hybridization
5’ppp-dsRNA/RIG-I Agonist
(retinoic acid-inducible gene I)
RIG-I Signaling & Cell Death
Release of immunological factors (IF) including type I interferons (IFN), pro-
inflammatory cytokines, DAMPs (damage-associated molecular pattern) and
tumor antigens that trigger the innate and adaptive immune responses in the
tumor microenvironment (TME)
RIG-I
Immunological
factors (IF)
PRR/Tum
or Antigen
(pattern
recognition
receptor)
NaĂŻve T-cells
Clonal Expansion
& Activation
C
r
o
s
s
P
r
i
m
i
n
g
Maturation of DCs
Antigen Processing &
Presentation
Activated CTLs
(cytotoxic T lymphcytes)
Activation of
Macrophages, NK & DCs
Memory T Cells
(cancer prevention)
Tregs
(immune cell suppression)
K
i
l
l
i
n
g
o
f
C
a
n
c
e
r
C
e
l
l
s
Primary Tumor (Cells)
A
c
ti
v
a
ti
o
n
Inhibition
M
ature
APCs
(antigen-presenting
cell)
Lymph Nodes
Killing of
Cancer Cells
• Novel delivery of TTX-RIGA inside tumor cells to produce a potent agonist
of the RIG-I signaling pathway.
• Activation of RIG-I signaling leads to type I IFN-driven immune response
and preferential activation of programmed tumor cell death.
• Tumor cell death through RIG-I has been shown to build immunological
memory and would reject tumors as “foreign”.
36
CRISPR/Cas9 Cancer Therapy
37
TTX-CRISPR
TTX can be designed to deliver CRISPR/Cas9
therapy inside tumor cells to:
• Delete cancer-causing gene sequences
• Repair cancer-causing gene sequences
Important when a gene that protects against cancer
is disrupted by mutation and needs to be repaired to
function properly
ŠTransCode Therapeutics, Inc.
Created with BioRender.com
mRNA Cancer Vaccine
38
TTX-mRNA
Delivery of TTX-mRNA inside tumor cells to produce an
immune response specific to that tumor’s immune profile
Activation of cytotoxic immunity against the tumor
resulting in tumor cell death
Mechanism behind TTX-mRNA vaccine:
• TTX-mRNA delivers the code for immunogenic tumor
antigens
• Once injected into the muscle, TTX-mRNA is taken up
by muscle cells (2a) or antigen presenting cells (2b),
which synthesize the tumor antigens
• This leads to either direct priming of cytotoxic T cells
by the muscle cells (3a) or activation of T helper cells
by the APCs (3b)
• Both pathways result in activation of cytotoxic T cells
(4), followed by tumor infiltration by the immune cells
(5), and tumor cell death (6)
The result of this process is the immune destruction of
tumors throughout the body
ŠTransCode Therapeutics, Inc.
Created with BioRender.com

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Trans Code Therapeutics Investor Presentation 2022

  • 1. The RNA Oncology Company NASDAQ Symbol: RNAZ Investor Presentation
  • 2. Forward Looking Statements 2 Disclaimer Statements in this presentation contain “forward-looking statements” that are subject to substantial risks and uncertainties. Forward-looking statements contained in this presentation may be identified by the use of words such as “anticipate,” “expect,” “believe,” “will,” “may,” “should,” “estimate,” “project,” “outlook,” “forecast” or other similar words, and include, without limitation, statements regarding TransCode Therapeutics, Inc.’s expectations regarding projected timelines of clinical trials, and expectations regarding current or future clinical trials. Forward-looking statements are based on TransCode Therapeutics, Inc.’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate, including that clinical trials may be delayed; that the data reported may be interim data, conclusions as to which may be superseded by subsequent data we receive in connection with other and/or subsequent clinical trials; and that any anticipated meeting with or presentation to the FDA may be delayed. These and other risks and uncertainties are described more fully in the section titled “Risk Factors” in TransCode Therapeutics, Inc.’s prospectus dated July 8, 2021, and other reports filed with the U.S. Securities and Exchange Commission. Forward-looking statements contained in this presentation are made as of this date, and TransCode Therapeutics, Inc. undertakes no duty to update such information except as required under applicable law.
  • 3. Capitalization Corporate Source of Capital Amount Seed Capital (Angel investors) 2,240,000 SBIR Grant 2,300,000 IPO* 25,400,000 Total $29,940,000 *Net Proceeds NASDAQ Symbol: RNAZ Common Shares 12,904,574 Options (WAEP $0.32) 1,792,672 Underwriter Warrants (WAEP $5.00) 312,500 Total 15,009,746 3
  • 4. TransCode Therapeutics - The RNA Oncology Company RNAi PRR CRISPR mRNA •Developing multiple RNA approaches in oncology •Lead therapeutic candidate targeting principal driver of metastasis RNA’s power and potential •Optimized delivery of RNA therapeutics to genetic targets in cancer •File eIND FIH (Phase 0) clinical study 1H 2022 •Modular toolbox enabling rational drug design TTX Platform: Resolving delivery challenge of RNA therapeutics •Early programs targeting biomarkers in numerous solid tumor types •Access to genetic targets previously undruggable without RNA delivery R&D: Broad and diverse oncology pipeline •Adding to robust IP portfolio •Experienced management, board of directors and advisory team •Highly capital efficient Corporate Summary RNA Strategy PRR- Pattern recognition receptors; CRISPR - Clustered Regularly Interspaced Short Palindromic Repeats 4
  • 5. TTX-Based Modular Design Toolbox Platform 5 Annotated genetic code Based on phenomenon of genetic complementarity Nanocarrier delivery mechanism Tunable chemistries (size, charge, surface chemistry) optimized depending on the tissue that is being targeted and approach used Imaging Provides specific measurement of drug delivery to target tissue of interest and pharmacokinetics of the drug during drug development Modular design toolbox Synthesize libraries of therapeutic agents optimized for molecular targets/desired approach: Therapeutic oligonucleotides Genetic code provides a coded blueprint for drug design optimized for a given cancer indication RNAi PRR CRISPR mRNA Vaccine
  • 6. 6 Platform One Delivery System – Multiple RNA Approaches TTX Delivery Platform PRR Radiolabeled Therapeutics RNAi mRNA Text Here Diagnostics • Cancer Vaccines. • Small Interfering RNA • Antisense • Non-coding RNA Mimics • Biomarker Screening Assay • Biomarker Diagnostic Assay • Gene Repair • Gene Replacement • Pattern Recognition Receptors • Targeting Innate Immune System • Early Drug Development • Targeted Radiotherapy CRISPR
  • 7. Pipeline of First-in-Class RNA Therapeutic Candidates in Oncology Programs Drug Candidate Target RNA Type Disease Indication Discovery Preclinical Phase 0 Phase 1 Phase 2 Phase 3 Key Anticipated Milestones TTX-MC138 miR-10b RNAi Metastatic Cancer Tox study 1H ‘22; eIND filing 1H ‘22 **Pancreatic Cancer Complete Preclinical Study 1H ‘22 **Glioblastoma (GBM) Completed In vitro Study 2H ‘21 **Glioblastoma (GBM), SCLC, and Osteosarcoma Complete In vivo Studies 2H ‘22 TTX-siPDL1 PD-L1 RNAi PDAC Complete Preclinical Study 1Q ‘22 * TTX-siLin28b Lin28b RNAi PDAC Complete Preclinical Study 1H ‘22 TTX-RIGA Multiple RIGI Cancer Agnostic Complete Preclinical Study 1Q ‘22 TTX-CRISPR Multiple CRISPR Cancer Agnostic Initiate Preclinical Studies 2H ‘22 TTX-mRNA Cancer Vaccine mRNA Cancer Agnostic Initiate Preclinical Studies 2H ‘22 * TransCode signed an Exclusive Option Agreement with The General Hospital Corporation, d/b/a Massachusetts General Hospital, or MGH, for TTX-siLin28b. Under this Option, TransCode has the right to negotiate a license to this asset with MGH. TransCode’s decision will depend on the results of a preclinical study it plans to conduct as shown above. PDAC: Pancreatic ductal adenocarcinoma ** Orphan designation 7
  • 8. TTX Delivery PLATFORM A Proprietary Nanoparticle Delivery System for RNA Oncology Therapeutics 8
  • 9. Our delivery strategy employs a nanoparticle extensively used in imaging that has been repurposed to: • Deliver oligonucleotides to tumors and metastases • Achieve robust target engagement in tumor cells anywhere in the body 9 The challenge in RNA therapeutics: delivering an oligonucleotide to its target outside of the liver We believe that demonstrating our ability to overcome the challenge of RNA delivery to genetic targets would represent a major step forward in unlocking therapeutic access to a variety of genetic targets involved in a range of cancers
  • 10. Platform TTX Delivery System: 16+ Years of R&D Optimization 10 NH2 Iron Oxide Nanoparticle Platform: • Long circulation half-life • Avoids early kidney and liver clearance • Unique capability to accumulate in tumor cells and metastatic sites • Image capable via MRI – quantifiable drug delivery to the target organ • Highly stable, low toxicity potential; low immunogenicity Dextran coating: • Stabilizes nanoparticles • Protects oligos from degradation • Promotes uptake and entrapment inside tumor cells Disulfide bond: • Allows oligo to disconnect from nanoparticle in order to bind to RNA/DNA target RNA-targeted nucleic acid: • Strong binding affinity, specificity & stability while minimizing immunogenicity Amino functional groups: • Provide stabilization Our delivery system is specifically designed to access targets inside tumor cells:
  • 11. TTX Delivery Platform is Highly Differentiated Platform • Iron Oxide Nanoparticles were approved for the treatment of iron deficiency anemia & may be used clinically as imaging agents • Designed for long circulation time & efficient accumulation in tumor cells while minimizing kidney & liver clearance • Lipid nanoparticles carry a risk of immunogenicity; iron oxide nanoparticles mitigate against this risk Competition & differentiation summary Source: J Nano Res 2014, J Drug Targeting 2012, Alnylam presentation, Molecular Therapy-Nucleic Acids 2016, Nature Communications 2018, Molecular Therapy 2018, Int J Pharmaceut 2014, Analytical Chem 2013, Large Molecular Therapeutics 2017, Current Pharma Design 2015, Radiology 2018 Particle Size (nm) Optimized to minimize clearance & maximize tumor uptake siRNA lipid nanoparticles siRNA lipid nanoparticles siRNA lipid nanoparticles miR liposomal nanoparticles miR lipid nanoparticles Kidney Clearance 0 120 100 80 60 40 20 >120 miR minicells siRNA angiplex particles TTX-XXX Liver Clearance 11
  • 12. TTX-MC138 Lead Therapeutic Candidate: Targeted Therapy Against Metastatic Cancer 12
  • 13. Addressing High Unmet Need in Metastatic Cancer 13 TTX-MC138 * In combination with a low dose cytostatic (doxorubicin), see Figure 10 in S-1. Market • In 2020, 10 million people worldwide died from cancer – the majority of which resulted from metastatic disease Problem • Current treatments do not specifically target metastatic disease, resulting in high unmet need, offering potential for streamlined development and expedited regulatory path Solution • TTX-MC138 targets an RNA molecule, microRNA-10b, shown to be the master regulator of metastatic progression in multiple tumor types Pre-clinical Results • Preclinical studies* using human tumor models in mice linked inhibition of miR-10b with regression of established metastases and no recurrence or toxicity during the length of the studies • Significant potential due to its broad applicability, as monotherapy or in combination with SOC, across multiple solid tumor types • Significant potential due to its broad treatment applicability, as a monotherapy or in combination with SOC, across multiple solid tumor types Potential
  • 14. Metastasis Treatment: Deficiency in the Oncology Market TTX-MC138 90% of Cancer Deaths Due to Metastasis $111B Global Metastatic Cancer Treatment Market by 2027 Metastatic Cancer Reduces 5-year Survival Rate, Highlighting Critical Need for Therapy Targeting Metastasis Source: 2019 American Cancer Society, Inc., Surveillance Research 14 Five-year Relative Survival rates (%) by Cancer Type and Stage at Diagnosis - US
  • 15. microRNA-10b (miR-10b) is a Unique, Well Documented Biomarker TTX-MC138 Clinical Evidence Demonstrated in >200 peer-reviewed publications over the last ten years Biomarker of Metastasis Positive expression associated with tumor cell migration, invasion and viability of metastatic tumor cells Marker of local & distant metastasis Linked to Higher Cancer Risk - Poor Survival Outcomes Carcinogenesis, presence of cancer Poor overall-survival (OS) Positive link to greater aggressiveness of disease Linked to Metastatic Progression in Multiple Cancer Types Breast, Pancreatic, Non-Small Cell Lung, Gastric, Liver, Ovarian, Colorectal, Prostate, Esophageal cancers as well as Glioblastoma, and others 15
  • 16. TTX-MC138 MOA designed to eliminate metastasis by inhibiting microRNA-10b TTX-MC138 16 • TTX-MC138 is composed of proprietary nanoparticle delivery system + inhibitory oligonucleotide targeting microRNA-10b, the driver of metastasis • Delivery system designed to optimize delivery of oligonucleotides to tumor cells anywhere in the body • Unique capability to accumulate at metastatic sites Cancer Res 75, 4407-4415 (2015); Sci Rep 7, 45060 (2017) Mechanism of Action (MOA)
  • 17. Preclinical Evidence of TTX-MC138 Delivery to Metastatic Sites TTX-MC138 Study results • Drug accumulated in distant metastatic organs • Drug accumulation co-localized with the metastatic lesion Source: Scientific Reports | 7:45060 | DOI: 10.1038/srep45060, Can Res 2015 Metastasis TTX-MC138 Lymph Node Lungs Bone Liver Kidney Spleen Muscle 17 Accumulation in the liver, spleen & kidney as clearance mechanisms Accumulation in lymph node, lung, and bone metastases Tumor tissue (microscopy) Accumulation in brain metastases Red: TTX-MC138, Blue: cell nuclei
  • 18. Clinical Feasibility of Delivery to Metastases TTX-MC138 Sources: Hamilton et al, J Neurooncol 2016; Fredrickson et al, MRM 2017; Ramanathan et al, 2017 Clin Cancer Res High confidence of delivery to metastatic sites in patients with TTX-MC138 * Ferumoxytol – iron oxide nanoparticles similar in size to TTX, used to treat iron-deficiency anemia 18 • Ferumoxytol* accumulates in lesions from multiple cancers • Red arrows point to brain metastases in a patient with pancreatic cancer • Nanoparticles visualized as darkening on MRI
  • 19. Survival Benefit Observed Preclinically in Multiple TNBC* Models TTX-MC138 Sources: Can Res 2015, Sci Report 2017 / Figure 11 in S-1 Preclinical results of TTX-MC138 in models of metastatic breast cancer 19 * TNBC – Triple-negative Breast Cancer
  • 20. First in Human (FIH) Study - Microdosing Study in Breast Cancer Patients 20 TTX-MC138 Written guidance by FDA informing proposed FIH (Phase 0) trial FIH study has the potential to: • Demonstrate quantifiable evidence of delivery of TTX-MC138 to metastatic lesions in stage IV breast cancer patients • Inform Ph I/II clinical trials by measuring pharmacokinetics & biodistribution in vital organs & other tissues • Extrapolate therapeutic dose level from microdose results • Validate delivery for the TTX pipeline and open-up additional relevant RNA targets that have been previously undruggable due to lack of RNA delivery challenges “A major obstacle preventing widespread usage of oligonucleotide therapeutics has been the difficultly in achieving efficient delivery to target organs & tissues other than the liver.” Source: Advances in oligonucleotide drug delivery. Nature Reviews Drug Discovery volume 19, pages 673–694(2020)
  • 21. Anticipated Study Design for Phase 0 Trial Using Radiolabeled TTX-MC138 • Precision measurement of pharmacokinetic endpoints by noninvasive imaging (PET-MRI or PET-CT) • Quantify delivery* to metastatic lesions • Quantify delivery to vital organs • Measure drug substance disposition by correlating pharmacokinetic imaged measurements to LC-MS/MS • Intended benefits: • Quantitative measurement of amount of TTX-MC138 delivered to metastatic lesions • Permits measurement of the pharmacokinetics and biodistribution of TTX-MC138 in metastatic lesions and other tissues of the body • Potential to inform dosing for Phase I-III clinical trials • Further informs patient enrollment during Phase I-III trials based on which patients’ metastases accumulate TTX-MC138 21 TTX-MC138 10 Patient Study • Stage IV breast cancer patients • Single 100 Âľg dose • Investigator sites: Termeer Center and I-3 Institute at MGH Enrollment criteria • Positive microRNA- 10b expression in blood/tissue • Stage IV cancer patients with primary tumor resected Study Design 64Cu-TTX-MC138 *Microdosing study is informed by Dr. Medarova’s recent publication: Le Fur et al., Cancer Nanotechnology. 2021;12(1):16.
  • 22. 22 Quantifying microRNA Expression in Patients Validated assays for detection of microRNAs
  • 23. Diagnostic Two Assays for Detection and Measurement of microRNA-10b in Blood TransCode has developed two separate assays that allow for detection of our lead candidate target, miR- 10b in patient blood samples: 1. Our screening assay has the capability of detection of microRNA expression. The fluorescent read-out generated by the assay is highly specific and has nanomolar sensitivity 2. Our quantitative diagnostic assay could be used to confirm miR-10b expression in patient samples that reported positive in the screening assay and measure the level of miR-10b expression Potential to: • Identify patients that could benefit from treatment with TTX- MC138 • Long term monitoring of disease recurrence • Measure response to therapy 23 MicroRNA-10b (miR-10b) expression could be useful as 1) a biomarker to detect the presence of metastasis and 2) a biomarker to predict overall survival and disease-free survival in cancer
  • 24. Next Steps & Milestones 24
  • 25. Next Steps • Complete CMC processes for radiolabeled Drug Product (DP), 64Cu-TTX-MC138 • File eIND for FIH trial • Conduct Phase 0 study at Termeer Center and Institute for Innovation in Imaging (I3) at MGH • Complete CMC processes for TTX-MC138 DS and DP • CMO validation and characterization of DP; sterilization/fill, finish/label DP for IND enabling studies (Ph I/Ph II) and Ph I/Ph II clinical trials • CMO manufacturing scaleup of GMP Drug Product (DP) for Phase I/II • File IND • Conduct Ph I/II at investigator sites TBD 25 TTX-MC138 Exploratory IND for Ph 0 IND for Ph I/II
  • 26. Planned Product Milestones Products 26 • Complete Tox study for eIND submission 1H • File eIND 1H • Complete PC* study in Pancreatic 1H • Complete IND-enabling studies for PhI/II 2H • Complete Ph 0 clinical trial 2H • Complete PC study in GBM 2H • Complete PC study in SCLC 2H • Complete PC study in Osteosarcoma 2H • Dose first patient in Ph I clinical trial 1H • Continue dosing additional patients in Ph I clinical trial 2022 2023 TTX- MC138 R&D Pipeline • Complete PC studies for TTX-RIGA 1H • Complete PC studies for TTX-siPDL1 in PDAC 1H • Complete PC study for TTX-siLin28b in PDAC 1H • Initiate PC studies for TTX-CRISPR 2H • Initiate PC studies for TTX-mRNA 2H • Outsource development of diagnostic programs 1H * Pre-clinical • File IND for for TTX-RIGA or TTX-siPDL1
  • 27. Timing of Key Milestones Product 27 File IND Ph I/II trial * Pre-clinical PC study GBM File eIND Ph 0 PC* Studies RIGA 1H 2022 2H 2022 Ph 0 study results** PC Study Lin28b PDAC PC Study PD-L1 PDAC TTX-MC138 R&D Pipeline Therapeutic Candidates ** Estimated PC study Pancreatic 1H 2023 Dose patient Ph I/II PC Studies CRISPR PC Study SCLC PC Study Osteosarcoma Note: All pre-clinical study timelines are estimated times of completion PC Studies mRNA vaccine
  • 28. 2022 Corporate Milestones Intellectual Property: • File patents for new diagnostics • File patents for new therapeutics Regulatory: • File for Orphan designations Publications: • Clinical Applications of non-coding RNA-based Therapies in the Era of Precision Medicine • Pre-clinical study results for lead candidate in GBM • Pre-clinical study results for TTX-siPDL1in pancreatic cancer • Pre-clinical study results for TTX-RIGA therapeutic Partnerships: • TBD Operations: • Grow company to 18-20 + employees • Relocate lab and office Investor meetings: • CEO to present at Investor conferences Marketing: • Corporate branding • New corporate website Goals 28
  • 29. 29 Addendum Slides TTX Oncology Candidates in Development | PD-L1 | Lin28b | RIG-I | CRISPR| mRNA Vaccine Pleiotropic Effects of miR-10b Driving Metastasis Mechanism of Endogenous Delivery to Tumors and Metastases
  • 30. Officers and Board Corporate Michael Dudley Co-Founder, President, Chief Executive Officer & Director • An entrepreneurial senior executive with over 40 years of with diversified industry experience within the biopharma industry and in multiple medical device markets Zdravka Medarova, PhD Co-Founder Chief Technology Officer • Assoc. Professor of Radiology at Harvard Med School • Developed core nanodelivery platform & identified miR-10b as a therapeutic target; also developed the siRNA approach to PD-L1 for our TTX-siPDL1 therapeutic. Authored many publications on targeted cancer therapies Thomas Fitzgerald, MBA Chief Financial Officer, VP of Administration & Director • Extensive CFO and investment banking experience • Former CFO of other life sciences companies • Former founding Managing Director of Leerink Swann & Company (now SVP Leerink) Experience Name Philippe Calais, PhD Independent Director, Board Chair • President, CEO and Director MatriSys Biosciences Inc. • 33+ years of biotech & pharma industry experience • Former President & CEO of Isarna Therapeutics, developer of oligonucleotide therapeutics • Former President/CEO Univalor & Ambrilia Biopharma Erik Manting, PhD Independent Director • Chief Executive Officer, Immunicum AB, a clinical stage oncology company in the Netherlands; Founder BioEntrepreneur BV; Executive director of life sciences & healthcare at Kempen & Co investment bank ’12-’17 Magda Marquet, PhD Independent Director • Strong expertise in M&A, global commercial development and regulatory strategies. • Serves on multiple boards of public & private companies and is Chair of Micronoma, Matrisys Biosciences & ProciseDx 30 Experience Name
  • 31. Mechanism of Endogenous Delivery to Tumors and Metastases Platform Hemodynamic targeting • TTX is long-circulating (24-30 hours) - distributes throughout the microcirculation of tumors and metastases • Small hydrodynamic size - easily extravasates from the vascular endothelium (the inner cellular lining of arteries, veins and capillaries) of tumors and metastases and diffuses throughout the tumor tissue Metabolic targeting • Tumor cells are metabolically active and require glucose for growth. Once in the tumor tissue, TTX, which is coated with a non-metabolizable glucose polymer, is avidly taken up by these metabolically active tumor cells • The process is similar to the mechanism behind diagnostic PET imaging with fluorodeoxyglucose (FDG), which is widely used to diagnose and stage metastatic cancer ŠTransCode Therapeutics, Inc. Created with BioRender.com 31
  • 32. miR-10b Pathway Pleiotropic Effects of miR-10b Driving Metastasis TTX-MC138 Inhibits miR-10b Blocking Metastasis Through Multiple Pathways Source: Am J Cancer Res 2018, Oncotarget 2016, Protein Cell 2011, 2(11): 889-898 TWIST1 TTX-MC138 miR-10b NF1 ROCK cJUN Anti-apoptosis & cell proliferation HOXD10 E-Cadherin TBX5 PTEN AKT Select miR-10b Molecular Pathways Improved self-renewal: Proliferation, apoptosis & growth Tumor cell motility & metastasis Downstream miR-10b Effects RHOC 32
  • 33. TTX-siPDL1 Targets PD-1/PD-L1 with RNAi R&D Pipeline Checkpoint Inhibitors may not be effective in many cancers, including pancreatic cancer: TTX-siPDL1 – (RNAi) advantages: We employ an RNAi approach which is intended to prevent the synthesis of PD-L1 altogether Traditional checkpoint inhibitors simply block PD-1/PD-L1 from binding each other Š 2015 Terese Winslow LLC U.S. GOVT has certain rights 33
  • 34. TTX-siPDL1 Generated Robust Preclinical Response in Mice R&D Pipeline 90% tumor regression in the first two weeks of treatment Source: Scientific Reports, 9 (1), 4712 2019 Results: • High-dose TTX-siPDL1 + gemcitabine regressed pancreatic tumors by 90% within the first two weeks of treatment and delayed tumor growth. (Figure A above) • Treatment increased survival - 67% of the experimental animals survived for 12 weeks. (Figure B above) 34 gem = gemcitabine
  • 35. TTX-siLin28b: Lin28b is a Therapeutic Target for Multiple Solid Tumors R&D Pipeline Lin28b is a biomarker of tumor survival and an actionable therapeutic target for solid tumors: • RNA-binding protein that regulates mRNA translation and miRNA let-7 maturation in embryonic stem cells and developing tissues • Evolutionarily constrained but aberrantly reactivated with overexpression of oncofetal proteins • Increasing evidence, it serves as a critical oncogene for SIRT6 deficiency associated with tumor cells • Believed to have broad applicability in aggressive solid tumors • Increased expression of Lin28b correlated with poor survival in Pancreatic Ductal Adenocarcinoma (PDAC) patients (Figure A) o Lin28b is required for the growth and survival of SIRTlow PDAC o Knocking down Lin28b with both small hairpin RNA (shRNA) and small interfering RNA (siRNA) resulted in potent suppression of cell proliferation and tumor sphere formation o Knocking down Lin28b inhibited in vivo xenograft growth (Figure B) o Knockdown of Lin28b led to both G1 cell-cycle arrest and induction of apoptosis Sources: Cell 2016 35 TransCode executed an exclusive option agreement with Massachusetts General Hospital (MGH), for TTX-siLin28b, under which TransCode has the right to negotiate an exclusive license for this asset. Key Preclinical Observations
  • 36. Novel Targeting of Cancer Via RIG-I Signaling Pathway TTX-RIGA TTX-RIGA (5’ppp-antisense tsRNA) Tumor-specific RNA (tsRNA) RNA Sensing & Activation of RIG-I tsRNA-antisense tsRNA hybridization 5’ppp-dsRNA/RIG-I Agonist (retinoic acid-inducible gene I) RIG-I Signaling & Cell Death Release of immunological factors (IF) including type I interferons (IFN), pro- inflammatory cytokines, DAMPs (damage-associated molecular pattern) and tumor antigens that trigger the innate and adaptive immune responses in the tumor microenvironment (TME) RIG-I Immunological factors (IF) PRR/Tum or Antigen (pattern recognition receptor) NaĂŻve T-cells Clonal Expansion & Activation C r o s s P r i m i n g Maturation of DCs Antigen Processing & Presentation Activated CTLs (cytotoxic T lymphcytes) Activation of Macrophages, NK & DCs Memory T Cells (cancer prevention) Tregs (immune cell suppression) K i l l i n g o f C a n c e r C e l l s Primary Tumor (Cells) A c ti v a ti o n Inhibition M ature APCs (antigen-presenting cell) Lymph Nodes Killing of Cancer Cells • Novel delivery of TTX-RIGA inside tumor cells to produce a potent agonist of the RIG-I signaling pathway. • Activation of RIG-I signaling leads to type I IFN-driven immune response and preferential activation of programmed tumor cell death. • Tumor cell death through RIG-I has been shown to build immunological memory and would reject tumors as “foreign”. 36
  • 37. CRISPR/Cas9 Cancer Therapy 37 TTX-CRISPR TTX can be designed to deliver CRISPR/Cas9 therapy inside tumor cells to: • Delete cancer-causing gene sequences • Repair cancer-causing gene sequences Important when a gene that protects against cancer is disrupted by mutation and needs to be repaired to function properly ŠTransCode Therapeutics, Inc. Created with BioRender.com
  • 38. mRNA Cancer Vaccine 38 TTX-mRNA Delivery of TTX-mRNA inside tumor cells to produce an immune response specific to that tumor’s immune profile Activation of cytotoxic immunity against the tumor resulting in tumor cell death Mechanism behind TTX-mRNA vaccine: • TTX-mRNA delivers the code for immunogenic tumor antigens • Once injected into the muscle, TTX-mRNA is taken up by muscle cells (2a) or antigen presenting cells (2b), which synthesize the tumor antigens • This leads to either direct priming of cytotoxic T cells by the muscle cells (3a) or activation of T helper cells by the APCs (3b) • Both pathways result in activation of cytotoxic T cells (4), followed by tumor infiltration by the immune cells (5), and tumor cell death (6) The result of this process is the immune destruction of tumors throughout the body ŠTransCode Therapeutics, Inc. Created with BioRender.com