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EX-99.2 - EXHIBIT 99.2 - ORAMED PHARMACEUTICALS INC.exhibit_99-2.htm


Exhibit 99.1
The tolerability and efficacy of oral
insulin in Type 2 diabetes patients: A
pilot
clinical study
GTC Diabetes Summit
Dr. Miriam Kidron
April 24, 2014
 
 

 
Oramed Background
 
 

 
Oramed POD™ Technology:
Absorption Enhancers
 Assists with translocation of active
 ingredient (protein/ peptides) across
 intestinal membrane into bloodstream
 
Oramed’s delivery platform protects insulin and
enhances its absorption, allowing it to reach the
bloodstream via the portal vein, thereby establishing
a
more physiologic insulin gradient when compared
to other delivery systems.
Ve
Protease Inhibitors
 Protects protein from degradation by
 proteases once capsule degrades in the
 small intestine
Enteric Coating
pH sensitive - only degrades in the small
intestine, thus protecting capsule
constituents during travel through the
upper gastrointestinal tract
POD™ TECHNOLOGY FEATURES
Versatile:  supports a wide range of
protein sizes and doses
Simple blend of ingredients
Regulatory competence: No NCEs,
widely applied pharmacopoeia
 
 

 
Study ORA-D-009
 
 

 
STUDY: Phase IIa, randomized, double-blind, placebo-
 controlled
SETTING: In-patient (8 days)
PARTICIPANTS: 30 male or female adult T2DM patients
 inadequately controlled with diet and metformin
TREATMENT: 16 mg or 24 mg insulin, or placebo, at bedtime.
 
 

 
ORA-D-009 was a substudy requested by the
FDA prior to commencement of a large scale
study with a similar design.
The study was initiated to ensure safety of
ORMD-0801 and was not powered to
demonstrate efficacy.
 
 

 
PRIMARY OBJECTIVE:
 To evaluate the safety and tolerability of ORMD-0801
SECONDARY OBJECTIVES:
 To evaluate the PD effect of ORMD-0801 on mean night
 time (10 PM - 6 AM) glucose (CGM data) as compared to
 placebo
 To evaluate changes from baseline in fasting blood (finger
 stick) and plasma glucose (FBG), morning fasting serum
 insulin, and C-peptide
 
 

 
Dosing
ORMD-0801 was supplied as gel caps formulated as either 8 mg or 16 mg
First group received two 8 mg gel caps
Second dose group received one 8mg and one 16 mg gel cap
Gel Cap Dissolution: Performance Issue with 16 mg gel caps
During the course of the study, GMP analysis of study drug formulations revealed a
manufacturing problem with the 16 mg gel caps resulting in diminished and inconsistent release
of study drug. This exclusively effected patients randomized to receive ORMD-0801 24 mg.
The 8 mg capsules did not have this problem and demonstrated an appropriate release of
medication.
Patients in the 24 mg group treated with one 8 mg gel cap and one 16 mg gel cap. The effective
dose was, therefore, approximately only 8 mg.
The formulation issue with the 16 mg gel caps has been investigated, identified, and solved.
 
 

 
Study Design
14 days
ORMD-0801 8mg + 8 mg
ORMD-0801 8mg + 16 mg
 
 

 
Patient demographics
 
Placebo
ORMD-0801 8 + 8mg
ORMD-0801 8mg+16mg
Sex, n (%)
 
 Male
3 (30.0)
5 (50.0)
7 (70.0)
 Female
7 (70.0)
5 (50.0)
3 (30.0)
Race, n (%)
 
 White
6 (60.0)
6 (60.0)
6 (60.0)
 Black/African Am
4 (40.0)
2 (20.0)
1 (10.0)
 Asian
0 (0.0)
1 (10.0)
3 (30.0)
 N. Hawaiian/Pacific Is
0 (0.0)
1 (10.0)
0 (0.0)
Age (yrs), mean (SD)
53.6 (12.0)
54.1 (4.9)
57.4 (4.7)
Alcohol history, n (%)
 
 Never consumed
5 (50.0)
6 (60.0)
7 (70.0)
 Currently consumes
2 (20.0)
3 (30.0)
0 (0.0)
 Occasionally consumes
3 (30.0)
1 (10.0)
3 (30.0)
 
 
 

 
Results
 
 

 
Primary objective - safety and tolerability
No significant changes in clinical laboratory and physical parameters were noted
Hypoglycemic Events
0
Serious Adverse Events
0
Severe Adverse Events
0
ORMD 0801 Related Adverse Events
0
Adverse Events (non treatment related):
Placebo
5 patients
7 reported adverse events
8 mg + 8 mg
3 patients
5 reported adverse events
8 mg + 16 mg
4 patients
5 reported adverse events
 
 

 
Mean night time glucose concentrations (CGM)
Night time mean (SD)
CGM Glucose - mg/DL(1)
Placebo
(n = 10)
ORMD 0801
8 mg + 8 mg
(n = 10)
Difference
(ORMD 0801 -
placebo)
ORMD 0801
8 mg + 16 mg
(n = 8)
 
Difference
(ORMD 0801 -
placebo)
Last 2 days of data
167.95 (64.172)
135.64 (39.400)
-32.31
150.24 (49.264)
-17.71
All 7 days
165.85 (60.760)
139.73 (38.861)
-26.12
 
149.38 (38.249)
-16.47
(1) Per Protocol (PP) population, consisting of all study completers with an endpoint of
adequate weighted mean nighttime glucose and no major protocol violations
 
 

 
Mean daytime glucose concentrations (CGM)
Daytime mean (SD)
CGM Glucose - mg/DL (1)
Placebo
(n = 10)
ORMD 0801
8 mg + 8 mg
(n = 10)
Difference
(ORMD 0801 -
placebo)
ORMD 0801
8 mg + 16 mg
(n = 8)
Difference
(ORMD 0801 -
placebo)
Last 2 days of data
176.06 (63.698)
153.23 (40.160)
-22.83
158.58 (40.672)
-17.48
All 7 days
175.99 (61.115)
152.55 (36.986)
-23.44
163.05 (30.282)
-12.94
(1) Per Protocol (PP) population, consisting of all study completers with an endpoint of
adequate weighted mean nighttime glucose and no major protocol violations
 
 

 
Fasted mean (SD)
CGM Glucose - mg/DL (1)
Placebo
(n = 10)
ORMD 0801
8 mg + 8 mg
(n = 10)
Difference
(ORMD 0801 -
placebo)
ORMD 0801
8 mg + 16 mg
(n = 8)
Difference
(ORMD 0801 -
placebo)
Last 2 days of data
156.26 (58.622)
126.02 (27.264)
-30.24
136.12 (43.168)
-20.14
All 7 days
154.37 (57.993)
129.27 (27.426)
-25.10
144.83 (39.279)
-9.54
Mean fasting glucose concentrations (CGM)
(1) Per Protocol (PP) population, consisting of all study completers with an endpoint of
adequate weighted mean nighttime glucose and no major protocol violations
 
 

 
Morning fasting serum
insulin - μIU/mL
(2)
Placebo
(n = 10)
ORMD 0801
8 mg + 8 mg
(n = 10)
Difference
(ORMD 0801 -
placebo)
ORMD 0801
8 mg + 16 mg
(n = 10)
Difference
(ORMD 0801 -
placebo)
Screening
34.51 (64.375)
20.80 (18.984)
-13.71
17.34 (12.225)
-17.17
Day 2
9.01 (4.665)
11.93 (10.122)
2.92
12.94 (7.472)
3.93
Day 9
9.85 (3.977)
15.70 (8.559)
5.85
15.51 (14.924)
5.66
Morning fasting serum insulin
(2) Modified intention-to-treat (mITT) population consisting of all randomized patients who
took at least one dose of study medication and who had at least one night of CGM monitoring
 
 

 
Morning fasting
C-peptide - mg/DL (2)
Placebo
(n = 10)
ORMD 0801
8 mg + 8 mg
(n = 10)
Difference
(ORMD 0801 -
placebo)
ORMD 0801
8 mg + 16 mg
(n = 10)
Difference
(ORMD 0801 -
placebo)
Screening
5.159 (4.9825)
4.233 (2.3869)
-0.926
3.125 (1.3372)
-2.134
Day 2
2.400 (0.9419)
3.180 (1.6593)
0.78
3.064 (0.9200)
0.66
Day 9
2.715 (0.8506)
3.875 (1.6927)
1.16
3.090 (1.1021)
0.375
Morning fasting C-peptide
(2) Modified intention-to-treat (mITT) population consisting of all randomized patients who
took at least one dose of study medication and who had at least one night of CGM monitoring
 
 

 
ORMD-0801: Phase IIa T2DM
Conclusions
Safety Conclusions
ORMD-0801 oral insulin gel caps were observed to be safe and
  well-tolerated for the dosing regimen considered in this study
No hypoglycemic events occurred at any point during the study
  in any treatment group
No ORMD 0801 related adverse events observed
Efficacy
Both ORMD-0801 dose groups showed trends towards sustained
  reduction in night-time, day time and mean fasting glucose
  concentrations compared to placebo
8mg + 8mg dose group showed a more pronounced effect over
  placebo, versus the intended 8mg + 16mg dose
 
 

 
Planned Phase IIb trial
ORA-D-007
 
 

 
ORMD-0801: Phase IIb T2DM
Study ORA-D-007: Randomized, Double-Blind, Placebo-Controlled Study to Assess the
Safety and Pharmacodynamics of Multiple Oral Bedtime Doses of ORMD-0801 in
Adult Patients with T2DM who are Inadequately Controlled with Diet and Metformin
PRIMARY OBJECTIVE:
To evaluate the pharmacodynamic effects of ORMD-0801 on mean night time
  glucose and safety parameters (e.g., hypoglycemia, cardiovascular events).
Safety, including incidence of hypoglycemia and cardiovascular events
SECONDARY OBJECTIVES:
To evaluate changes from baseline in fasting blood glucose (FBG), morning fasting
  serum insulin, c-peptide, triglycerides, and HbA1c.
STUDY DESIGN:
28 day Treatment Period. Variable-length washout/medication stabilization period
  and 7-day single-blind placebo run-in period.
Multicenter (up to 20 centers)
Planned patient enrollment: n = 200+ T2DM patients
DOSING: ORMD-0801 16mg, ORMD-0801 24mg or placebo
LOCATION: US (conducted under a US IND)
 
 

 
Thank you!
Dr. Miriam Kidron
CSO, Oramed Pharmaceuticals
miriam@oramed.com