This presentation discusses Aradigm Corporation, a leader in pulmonary drug delivery technology. It highlights the benefits of its AERx pulmonary delivery system, including fast onset and non-invasive administration. Aradigm has several drug programs in development through partnerships with major pharmaceutical companies. These include Phase 2 programs for insulin, morphine, and dornase alfa. The presentation outlines Aradigm's business model and developmental milestones expected in 2000-2001.
2. This presentation, and its accompanying commentary, contains forward-looking statements.Aradigm Corporation’s actual results may differ materially from those suggested here today. Additional information concerning factors that would cause such a difference is contained in the Company’s 1999 Annual Report on Form 10-K.Aradigm Corporation
3. Aradigm at a GlanceA Leader in Pulmonary Drug DeliveryTechnology platform is applicable to many therapeutic areasPartnered with industry leadersNovo Nordisk, SmithKline Beecham and Genentech$55M invested to dateAERx hand-held device is convenient, simple to use and designed to prevent errors in dosing
4. Benefits of AERx Pulmonary DeliveryTime to peak morphine concentration as fast as intravenous injectionFaster reduction of glucose levels with insulin than with injection90% reduction in dosing time in Cystic FibrosisAchieves therapeutic levels of biotech drugs,non-invasively
5. Advanced Pulmonary Drug DeliveryAdvantagesLarge Surface AreaNear Direct AccessNatural FunctionBenefitsNon-invasiveFast onsetBroad applicability
7. AERx Control of Patient InhalationDevice actively guides patient to breathe correctlyAutomatically delivers drug at right timeEliminates patient breathing as a source of error
12. Four phase II programsLeading Partner Endorsements AERx Diabetes Management SystemAERx Pain Management SystemAERx Respiratory Management SystemPlus five more unannounced programs
14. Diabetes Management RequirementsAERx Diabetes Management SystemAchieve ReproducibilityTight control over particle size and breathingAdjustable DosingOne insulin unit incrementsAccess to InsulinNovo Nordisk is the world leader in insulin
16. Pain Management RequirementsAERx Pain Management SystemRapid, ReproducibleComparable to intravenous deliveryMinimize Misuse & AbuseTimed lockouts and secure accessAccess to Oncology/Pain MarketSmithKline Beecham has a growing oncology franchise
18. Cystic Fibrosis Management RequirementsAERx System with Dornase AlfaFast and Simple90% reduction in dosing timeImproved Adherence with TherapyConvenience and electronic compliance monitoringAccess to CF MarketGenentech is a leader in Cystic Fibrosis therapy
19. Most biotech drugs are in stable liquid formulationsAERx Well Positioned for Future OpportunitiesChronic bronchitis and emphysema drugsAntibodiesGene therapiesAsthma drugsHematopoetic factorsHuman growth factorsAnti-obesity drugsMigraine drugsAnti-Parkinson’s drugsInterleukinsInterferonsAntibiotics
20. DevelopmentManufacturingCommercial SalesAradigm Business Model- Pharma Profitability...Partner pays costs10%-25% ofproduct sales40%-60% gross marginsARDM receives transfer price profitARDM receives royalty…But With Lower Risk Profile
23. 2000 / Early 2001 MilestonesAdvances in intellectual property positionPhase II insulin data at American Diabetes Association meeting (June 2000)Potential feasibility and long-term partnershipsInitiation of Phase IIb morphineInitiation of Phase IIb dornase alfaInitiation of pivotal insulin studies