4502 武田薬 2019-11-14 20:00:00
R&D説明会(2019年11月14日NY開催)プレゼンテーション資料(4/5) [pdf]

PEVONEDISTAT (TAK-924): A POTENTIAL NEW
TREATMENT FOR HR-MDS AND AML
Phil Rowlands, PhD
Head Oncology Therapeutic Area Unit
Takeda Pharmaceutical Company Limited
New York, NY
November 14, 2019
BUILDING ON THE TAKEDA ONCOLOGY FOUNDATION IN
HEMATOLOGIC MALIGNANCIES

                                                                                              Cell therapies
                                                                          Next Generation       Type I IFN
                                                                                I/O         Novel checkpoints




           GROWING                                                     MDS/AML
          LEADERSHIP                                                    Phase 3
          POSITION IN                                                 pevonedistat
         HEMATOLOGIC
         MALIGNANCIES

                                     Lymphoma        Chronic Myeloid Leukemia




                        Improving Patient Outcomes
                           in Multiple Myeloma


                                                                                                                79
HIGH RISK MYELODYSPLASTIC SYNDROME (HR-MDS) AND ACUTE
MYELOID LEUKEMIA (AML) HAVE LIMITED TREATMENT OPTIONS


CONTINUUM OF HR-MDS AND AML                                 CLINICAL TREATMENT

                                                              BM failure → cytopenias                             Clinical treatment goals:
                          Blasts                              •   Fatigue (anemia)                                Alleviate cytopenias
                        20% 30%                               •   Infection (neutropenia)                         Improve patient quality of life
                                                              •   Bleeding (thrombocytopenia)                     Improve survival
          HR MDS                                 AML

                                      Low-Blast AML
                                                               Fit       Younger                      Unfit     Older
                                                                         Fewer co-morbidities                   Unfit for intensive chemotherapy
  •       HR-MDS and AML are both rare bone marrow-          Patients    Better performance status   Patients   and/or stem cell transplant
          related cancers that share foundational
          biology, clinical features, and genetic                 Intensive Chemotherapy                        Chemotherapy
          mutations*                                                                                                 azacitidine
                                                                                                                     decitabine
                                                                                                                   Low dose ara-c
  •       Incidence highest in elderly (>70 years old)                                                      Targeted therapies
                                                                                                                   (AML only)
                                                                                                                       BCL2
  •       Overall survival several months to a few years,                                                             IDH1/2
          depending on risk category                                Stem Cell Transplant                               FLT3
                                                                      (Only curative treatment)
                                                                     ≤ 10% HR-MDS, ~45% AML
                                                                                                                                                    80
      * 30% of HR-MDS patients progress to AML
CURRENT STANDARD OF CARE IS INADEQUATE FOR HR-MDS PATIENTS

                   MDS SURVIVAL BY PROGNOSTIC RISK


                                                                                               •   No new treatments have been
                                                                                                   approved for MDS in over a decade

                                                                                                   Transplant ineligible patients
   Survival (probability)




                                                                                               •
                                                                                                   treated with first line therapy:
                                                                                                   Median OS = 15mo; 2yr OS rate 35%

                                                                                               •   Economic burden is substantial -
                                                                                                   hospitalizations are common among
                                                                                                   patients and many are transfusion
                                                                                                   dependent
                                        Time (months)
                                               Schanz et al., J Clin Oncol. 2012, 30:820-829



                            Median survival ~6 months to 5 years
                                                                                                                                       81
PEVONEDISTAT: A UNIQUE FIRST-IN-CLASS NAE INHIBITOR




  •   Pevonedistat is a small molecule
      inhibitor of NAE (NEDD-8 activating
      enzyme), a protein involved in the
      ubiquitin-proteasome system

  •   NAE acts upstream of the
      proteasome and catalyzes the first
      step in the neddylation pathway




                                                      Amir T. Fathi Blood 2018;131:1391-1392

                                                                                               82
ENCOURAGING RESPONSES IN AML PATIENTS TREATED WITH
PEOVNEDISTAT + AZACITIDINE



                                                                   60% ORR with a trend towards
                                                                 improved survival in secondary AML


                                                                 Response rates not influenced by AML
                                                                    genetic risk or leukemia burden



                                                                 Initial data drove interest to move to
                                                                               registration




                       Ronan T Swords et al. Blood 2016;128:98
                                                                                                          83
A PHASE 2 STUDY IN HR-MDS TO CONFIRM THE RISK / BENEFIT
PROFILE OBSERVED IN AML

              Phase 2, Randomized, Open-label, Global, Multicenter Study
              Comparing Pevonedistat Plus Azacitidine vs. Azacitidine in Patients
              with Higher-Risk MDS, CMML, or Low-Blast AML
                                                                                                    • Mature OS data will be
                   n = 117                                                                            available in November
                                                     Pevonedistat + Azacitidine
                    Randomization




                                                             Pevo: 20 mg/m2 on Days 1, 3, 5
                                                             Aza: 75 mg/m2 on Days 1-5 ,8, 9
                                                                                                    • Data will be presented in
                                    1:1            Repeat every 28 days
                                                                                                      upcoming congress
                                                                    Azacitidine
                                                      Aza: 75 mg/m2 on Days 1-5, 8, 9
                                                                                                    • Potential approval in FY21*
                                                   Primary endpoint:         Secondary endpoints:
                                                      OS                       EFS
                                                                                ORR




                                                                                                                                    84
  * Projected approval date assumes filing on Phase 2 data
THE PHASE 3 PANTHER STUDY WAS INITIATED AT RISK TO
ACCELERATE DEVELOPMENT

                  Phase 3, Randomized controlled trial of Pevonedistat Plus Azacitidine
                  Versus Single-Agent Azacitidine as First-Line Treatment for Patients
                  with Higher risk-MDS/CMML, or Low-blast AML


                       n = 450
                                                                                                      • Completed global enrollment
                                                         Pevonedistat + Azacitidine
                                                                                                        10 months earlier than
                        Randomization




                                                              Pevo: 20 mg/m2 on Days 1, 3, 5
                                                               Aza: 75 mg/m2 Days 1-5 ,8, 9
                                                                                                        originally projected*
                                        1:1            Repeat every 28 days

                                                                       Azacitidine                    • Indicative of demand for new
                                                             Aza: 75   mg/m2   Days 1-5, 8, 9
                                                                                                        innovative therapies
                                                       Primary endpoint:       Secondary endpoints:
                                                          EFS                    OS




* Closed to global enrollment; Open for extended enrollment in China                                                                  85
EXPANDING PATIENT-CENTRIC DEVELOPMENT OF PEVONEDISTAT


                                                             Continuum of disease

                            HR-MDS                                          NEW STUDIES IN UNFIT AML
     Ph2 (P2001)                               Ph3 (P3001)
                                                                             Ph3 PEVOLAM                    Utilizing partnership
     Potential
     approval in FY21*                                                       pevo + aza vs. aza             (PETHEMA) for
                                                                             Currently enrolling patients   efficient development

                                                                             Ph2 (P2002) Combo
                                                                                                            Unique MOA and
                                                                             pevo + venetoclax + aza vs.    biologic hypothesis to
                                                                             venetoclax + aza               support combination
                                                                             Study will open in 2020




                                                                                                                                     86
  * Projected approval date assumes filing on Phase 2 data
SUMMARY




 1                      2                          3
 Unmet need in High-    Pevonedistat is a          The Ph2 HR-MDS trial
 risk MDS and AML       selective first-in-class   has reached the
 remain high with few   inhibitor with             updated OS endpoint
 treatment options      potential to be first      data readout and the
                        new therapy in over        PANTHER Ph3 trial
                        a decade for HR-MDS        has completed global
                                                   enrollment
                                                                          87
R&D DAY AGENDA – NEW YORK, NOVEMBER 14, 2019

       TIME            AGENDA
                       Welcome and Opening Remarks
       12:30 – 12:35
                       Sheelagh Cawley-Knopf, Head R&D Global Portfolio Strategy
                       Takeda: A Global Values-Based, R&D-Driven Biopharmaceutical Leader
       12:35 – 12:45
                       Christophe Weber, President & CEO Takeda
                       Translating Science into Highly Innovative, Life-changing Medicines
       12:45 – 13:20
                       Andy Plump, President R&D
                       Oncology and Cell Therapies with Spotlight on CAR-NK
       13:20 – 13:45
                       Chris Arendt, Head Oncology Drug Discovery Unit
                       Spotlight on Oncology Opportunities
       13:45 – 14:05    • TAK-788 : Rachael Brake, Global Program Lead
                        • Pevonedistat : Phil Rowlands, Head Oncology Therapeutic Area Unit
       14:05 – 14:20   Break
                       Rare Diseases & Gene Therapy
       14:20 – 14:45
                       Dan Curran, Head Rare Disease Therapeutic Area Unit
                       Spotlight on Orexin2R agonists
       14:45 – 15:00
                       Deborah Hartman, Global Program Lead
                       Therapeutic Area Focus in GI with Spotlight on Celiac Disease
       15:00 – 15:20
                       Asit Parikh, Head GI Therapeutic Area Unit

       15:20 – 16:00   Panel Q&A Session

       16:00           Drinks reception
                                                                                              88
RARE DISEASES & GENE THERAPY


Dan Curran, MD
Head Rare Diseases Therapeutic Area Unit
Takeda Pharmaceutical Company Limited
New York, NY
November 14, 2019
RARE DISEASES: AN OPPORTUNITY TO TRANSFORM TREATMENT


HIGH UNMET NEED                                                                                                            SCIENTIFIC AND REGULATORY ADVANCES

                                                                                                                                                                                         Diseases are genetic
 7,000                                Distinct rare diseases1                                                                              80%                                           in origin

                                                                                                                                                                                         Recombinant
 350                                                                                                                        Transformative                                               engineering & delivery
                                      Patients worldwide
million                                                                                                                        therapies                                                 of proteins and nucleic
                                                                                                                                                                                         acids

                                      Diseases have no FDA-approved                                                                              ~90%2                                   Orphan drug approvals
   95%                                treatment
                                                                                                                                                                                         benefited from
                                                                                                                                                  100%3                                  expedited review



1. Rare diseases defined by prevalence in line with regulatory agencies (US: <7 in 10,000, EU: < 5 in 10,000 and JPN: <4 in 10,000), Global Genes, NIH National Human Genome Research Institute; 2. Comprises four pathways in US:
Accelerated approval, breakthrough therapy designation, fast track designation, priority review designation; 3. Three pathways in JPN: Priority review, Sakigake designation and conditional approval, CIRS R&D Briefing 70, New drug   90
approvals in six major authorities 2009-2018
RARE DISEASE MARKET IS EXPECTED TO DOUBLE IN SIZE

GLOBAL ORPHAN DRUG1 SALES EXCLUDING ONCOLOGY2, USD BN
 %       share of global, branded Rx sales

                     7%                                11%                                17%                                                           • Orphan drugs expected to make
                                                                                           124                                                            up ~17% of global branded Rx
                                                                                                                                                          sales by 2024

                                                                      12%
                                                                                                                                                        • Growth driven by advances in new
                                                                     CAGR
                                                                                                                                                          modalities and new indications
                                                        62
                                   9%                                                                                                                   • Orphan cell and gene therapies
                     37          CAGR                                                                                                                     estimated at ~$20 bn by 2024, up
                                                                                                                                                          from ~$2bn in 2018



                  2012                                2018                               2024
                                                                                                                                                                                                                                       91
1. Orphan drugs generally used as synonym for rare disease due to lack of uniform definition, including also non-rare, but neglected diseases lacking therapy (e.g., tropical infectious diseases); 2. EvaluatePharma (03 June 2019)
TAKEDA IS THE LEADER IN RARE DISEASES

    PATIENT IMPACT                        SCIENCE & INNOVATION                 CAPABILITIES AND SCALE




    •   Foundation of >30 year history    •   Multiple opportunities for       •   Engagement with key
        of leadership in rare diseases        transformational therapies           stakeholders within the
                                              across therapeutic areas             ecosystem e.g. patient groups,
    •   Leading portfolio of rare
                                                                                   regulators
        disease therapies: 11 out of 14   •   Emerging, cutting edge
        global brands spanning                platforms to drive high-impact   •   Pioneering regulatory pathways
        Hematology, Metabolic, GI and         pipeline
                                                                               •   Global footprint
        Immunology
                                          •   Investments in technologies to
                                              accelerate diagnosis

                                                                                                                    92
OUR STRATEGY IS TO TRANSFORM AND CURE RARE DISEASES



               As the global leader in Rare Diseases, we aspire to provide
               transformative and curative treatments to our patients

        Transformative                    Curative

        Programs with transformative      Emerging early pipeline of AAV
        potential in devastating          gene therapies to redefine
        disorders with limited or no      treatment paradigm in
        treatment options today           monogenic rare diseases



                                                                             93
 WE ARE POSITIONED TO DELIVER NEAR-TERM & SUSTAINED GROWTH
                                                                    WAVE 11                                                                                                               WAVE 22
  TARGET                                                                                              CLINICAL-STAGE NMEs                                                                                                     PLATFORMS
 APPROVAL                          FY20               FY21              FY22               FY23               FY24                                                                FY25 AND BEYOND
                                                                                         TAK-007
                                                                                                                                                   TAK-620                                                             TAK-607
                                                    TAK-7883                                                TAK-924                TAK-164 CMV infect. in
                                                                                                                                              TAK-252
                                                                                        Hematologic                              GI malignancies     Solid tumors                                                Complications of
                                                                                                                                                                                                                            TARGETED
                                                     2L NSCLC                           malignancies           AML
                                                                                                                                                   transplant                                                 CELL THERAPY
                                                                                                                                                                                                                    prematurity5
                                                                                                                                                                                                                              INNATE   NEXT-GEN
          ONCOLOGY                                                                                                                                                                                            AND IMMUNE
                                                                                                                                                                                                               ENGAGERS      IMMUNE
                                                                                                                                                                                                                                      CHECKPOINT
                                                    TAK-9243                             TAK-788                                   TAK-573            TAK-981                                                              MODULATION MODULATORS
                                                     HR-MDS                               1L NSCLC                                   R/R MM        Multiple cancers


                                                    TAK-620                              TAK-611            TAK-607                TAK-0794           TAK-754            TAK-755
                                                   CMV infect. in                          MLD (IT)      Complications of            MG, ITP            HemA                 iTTP, SCD
                          Immunology
          RARE            Hematology
                                                    transplant                                             prematurity5                                                                                           GENE
                                                                                                                                                                                                                       TAK-755
                                                                                                                                                                                                                 THERAPY
          DISEASES        Metabolic
                                                    TAK-609                              TAK-755                                   TAK-531                                                                                 cTTP
                                                  Hunter CNS (IT)                            cTTP                                  Hunter CNS


                                                                                         TAK-935         Orexin2R-ag               TAK-341         Orexin2R-ag           TAK-041
                                                                                             DEE          (TAK-925/994)            Parkinson’s      Sleep Disorders          CIAS NS                                              OTHER
                                                                                                          Narcolepsy T1             Disease                                                                       GENE          PLATFORMS
                                                                                                                                                                                                                 THERAPY        RNA Modulation

          NEUROSCIENCE                                                                                                             TAK-418            TAK-653            TAK-831                                   Orexin2R-ag
                                                                                                                                                                                                                         Antibody Transport
                                                                                                                                                                                                                               Vehicle
                                                                                                                                Kabuki Syndrome          TRD                 CIAS NS                               (TAK-925/994)
                                                                                                                                WVE-120101 WVE-120102
                                                                                                                                                                                                                   Narcolepsy T1
                                                                                                                                   Huntington’s      Huntington’s
                                                                                                                                     Disease           Disease


                                  TAK-721                                                                                         Kuma062             TAK-101            TAK-018              TAK-671
                                       EoE                                                                                        Celiac Disease    Celiac Disease      Crohn’s Disease         Acute
          GASTRO-                                                                                                                                   TAK-721           (post-op and ileitis)   Pancreatitis        GENE
                                                                                                                                                                                                                 THERAPY
                                                                                                                                                                                                                                MICROBIOME
                                                                                                                                                                                                                                                   CELL
                                                                                                                                                                                                                                                 THERAPY
          ENTEROLOGY                                                                                                               TAK-954             EoE
                                                                                                                                                      TAK-906            TAK-951
                                                                                                                                      POGD           Gastroparesis        Nausea &
                                                                                                                                                                          vomiting


                                                    TAK-003                                                                        TAK-214            TAK-426            TAK-021
          VACCINES                                Dengue Vaccine                                                                    Norovirus        Zika Vaccine       EV71 vaccine
                                                                                                                                     Vaccine

1. Projected timing of approvals depending on data read-outs; some of these Wave 1 target approval dates assume accelerated approval; 2. Some Wave 2 assets could be                            Orphan potential in at least one indication
accelerated into Wave 1 if they have breakthrough data; 3. Projected approval date assumes filing on Phase 2 data; 4. TAK-079 to be developed in Rare Diseases indications                                                                          94
                                                                                                                                                                                                Estimated dates as of November 14, 2019
myasthenia gravis (MG) and immune thrombocytopenic purpura (ITP) (FPI projected in each indication in 2H FY19); 5. Currently in a non-pivotal Phase 2 study; planning
underway to include interim stage gates that can advance the program into a pivotal trial
POTENTIAL APPROVALS OF TRANSFORMATIVE THERAPIES

                                                                                                          WAVE 11

  Phase 3                              Phase 3                             Phase 3                             Phase 2                              Phase 2                  Phase 1/2           Phase 2b

TAK-721                            TAK-620                           TAK-755                               TAK-611                              TAK-935                    Orexin              TAK-607
Eosinophilic                       Cytomegalovirus                   Congenital                            Metachromatic                        Developmental              Narcolepsy Type 1   Complications of
Esophagitis                        (CMV) infection                   Thrombotic                            Leukodystrophy                       and Epileptic              (NT1)               Prematurity2
(EoE)                              in transplant                     Thrombocytopenic                      (MLD)                                Encephalopathies
                                                                     Purpura (cTTP)                                                             (DEE)



                                                                                 TARGET APPROVAL                                                                                               POSSIBLE
                                                                                                                                                                                               WAVE 1
FY 2020                            FY 2021                             FY 2023                             FY 2023                              FY 2023                    FY 2024             APPROVAL2
                                                                            ADDRESSABLE POPULATION IN US/WW3,4
~150k/Under                        ~7 - 15k/                           ~500/                               ~350/                                ~50k/                      70 - 140k/          ~25k/
evaluation                         ~25 - 45k                           2 - 6k                              ~1 - 2k                              ~70 - 90k                  300k – 1.2M         ~80 - 90k

1. Projected timing of approvals depending on data read-outs; some Wave 1 target approval dates assume accelerated approval
2. Currently in a non-pivotal Phase 2 study; planning underway to include interim stage gates that can advance the program into a pivotal trial                                                             95
3. Estimated number of patients projected to be eligible for treatment, in markets where the product is anticipated to be commercialized, subject to regulatory approval
4. For TAK-620 and TAK-607, the addressable population represents annual incidence
SELECTED TRANSFORMATIVE PROGRAMS



             Potential first treatment of CMV infection in transplant patients in over 10 years.
   TAK-620
             Inhibitor of protein kinase UL97.

             Potential best-in-class therapy for Thrombotic Thrombocytopenic Purpura (TTP).
   TAK-755
             Recombinant ADAMTS13.

             Potential first pharmacologic therapy in >20 years to prevent complications of
   TAK-607
             prematurity. Recombinant IGF-1 growth factor.




                                                                                                   96
  TAK-620: POTENTIAL BEST IN CLASS TREATMENT FOR POST-
  TRANSPLANT CMV INFECTION
BURDEN OF CMV INFECTION IN TRANSPLANT RECIPIENTS                                                                     TAK-620: NOVEL MOA TARGETING PROTEIN KINASE UL97

               CMV infection is the most common                                                                                1

                 post-transplant viral infection1
                                                                                                                                                         2
                       Affects >25% of transplants
                                                                                                                                                                                4                                   5



                      CMV infection can be fatal2,3
            Higher rates of graft failure: 2.3X and
                       mortality: 2.6X
                                                                                                                                               3

       Current therapies have significant toxicities
                  and resistance4,5,6,7                                                                                                                                                         TAK-620
                                                                                                                       Existing therapies
                                                                                                                                                                                 3   Replication
                                                                                                                       3 Replication
        Incidence of neutropenia >20% and renal                                                                                                                                  4   Maturation and encapsidation
                      toxicity >50%                                                                                                                                              5   Egress of viral capsids


   1. Minerva Med. 2009 Dec; 100(6): 479-501; 2. Blood. 2016 May 19;127(20):2427-38; 3. Infect Chemother. 2013 Sep; 45(3): 260–271; 4. Antimicrob Agents Chemother. 2014 Jan; 58(1): 128–135;
                                                                                                                                                                                                                        97
   5. Transplantation. 2016 Oct;100(10):e74-80;. 6. Clin Microbiol Infect. 2015 Dec;21(12):1121.e9-15; 7. Clin Transplant 2009: 23: 295–304
 TAK-620: ADDRESSES UNMET NEED IN BOTH FIRST-LINE AND
 RESISTANT / REFRACTORY SETTING
                                                                                        CMV                                                                         Failure
                                                                                       Viremia                   First-Line: Newly                                 First-Line                      Resistant/
                                   Transplant treatment
                                                                                                                 diagnosed CMV                                                                Refractory (R/R) CMV

                                                                                                                                                                                              TAK-620: Ph 3 Study 303

 Solid organ
                                                    ~100K                                                                  ~30K                                                                                ~5K
 transplant (SOT)
 patients1,2:



                                                                                                            TAK-620: Ph 3 Study 302
 Hematopoietic Stem
 Cell Transplants                                 ~90K                                                                     ~15K                                                                               ~5K
 (HSCT) patients1,2:




        CMV                            10K
        NON-CMV                        5K                                                                                                                                                                                                     98
1. Solid organ and allogeneic HSCT transplants in global major markets: US, Europe, Canada, Japan, China , Australia and Korea 2. UNOS Data 2018; CIBMR2017IRODaT Registry 2017, EBMT activity survey 2019 , Shire CMV Epi Study, Feb. 2018
TAK-620 DEMONSTRATED SIMILAR EFFICACY AND BETTER SAFETY
VERSUS SOC IN A PHASE 2 STUDY IN FIRST-LINE PATIENTS




          DEMONSTRATED SIMILAR ANTI-VIRAL ACTIVITY TO                                                                        NEUTROPENIA WAS TREATED WITH GROWTH FACTORS MORE
            VALGANCICLOVIR (VGV) ACROSS ALL DOSES1                                                                              OFTEN IN THE VGV ARM (15%) VS. TAK-620 ARM (7%)2

                                              TAK-620:                                                                                                                           TAK-620:
                                   Dose 400, 800 or 1200 mg BID2                                   VGV                                                                 Dose 400, 800 or 1200 mg BID                              VGV
                                                                                                  (N=40)                                                                                                                        (N=40)
                                               All Doses (N=119)                                                                                                                  All Doses (N=119)
Confirmed                                                                                                                 Neutropenia that
undetectable                                                                                                              occurred or worsened
plasma CMV DNA                                            79%                                      67%                    during treatment                                                    5%                                  18%
within 6 weeks                                                                                                            through week 12


 1. Confirmed undetectable CMV DNA in plasma was defined as two consecutive CMV DNA polymerase-chain-reaction assay values measure during treatment that were below the level of quantitation (i.e., <200 copies per millimeter
    according to the central laboratory) separated by at least 5 days. For the primary analyses of confirmed undetectable CMV DNA within 3 weeks and 6 weeks, data were missing for 3 patients: 1 each in the 400-mg TAK-620 group, the
    1200-mg TAK-620 group and the valganciclovir group                                                                                                                                                                                    99
 2. N Engl J Med 2019; 381:1136-47. Overall risk ratio (95% CI) relative to the Valganciclovir reference was 1.20 (0.95-1.51)
TAK-620: GRANTED BREAKTHROUGH DESIGNATION IN RESISTANT
OR REFRACTORY CMV INFECTION


        Efficacy in seriously ill R/R CMV in SOT and HSCT recipients with
1       multiple risk factors predictive of poor outcomes

                             TAK-620 Dose: 400 mg, 800 mg, 1200 mg BID1
                     Primary efficacy endpoint                                              All doses (Total N = 120)                                                Historical outcomes: High (~50%) failure
         Patients with confirmed undetectable                                                                                                                                 rates / relapse rates3,4,5
                                                                                                               80
         plasma CMV DNA within 6 weeks in
                                                                                                             (66.7%)
         ITT2 population



        Superior renal safety profile - did not result in treatment                                                                                                  Renal impairment is the primary reason
2       discontinuations                                                                                                                                            for discontinuation with SOC (Foscarnet,
                                                                                                                                                                        Cidovir); nephrotoxicity is > 50%6



    1. Clin Infect Dis. 2019 Apr 8;68(8):1255-1264; 2. ITT - Intent to treat; 3. Antimicrob Agents Chemother, 58, 128-35; 4. Mehta et al, 2016 American Transplant Congress, Meeting abstract C279; 5. J Heart Lung Transplant. 2019 Sep 10;   100
    6. Transplantation. 2016 Oct; 100(10): e74–e80
 TAK-620: TWO ONGOING PIVOTAL STUDIES; EXPECT FIRST
 APPROVAL IN RESISTANT OR REFRACTORY CMV IN 2021
TAK-620 PHASE 3 STUDY 303                                      TAK-620 PHASE 3 STUDY 302

  Resistant/Refractory CMV Patients with SOT or HSCT                    HSCT Recipients With First CMV Infection

                      2:1 Randomization                                             1:1 Randomization

     TAK-620 400mg BID            Investigator's choice             TAK-620 400mg BID             900mg BID VGV
          (N=234)                       (N=117)                          (N=275)                     (N=275)


      Primary Endpoint: Viremia @ 8 wks of Rx                         Primary Endpoint: Viremia @ 8 wks of Rx




       EXPECTED                                                        EXPECTED
                         2020        2021          2022                                 2021              2022
 MILESTONES (FY)                                                 MILESTONES (FY)
                     2H 2020:        2021:          2022:                            1H 2021:           US Approval
                   Ph 3 Readout   US Approval    EU Approval                       Ph 3 Readout         EU Approval

                                                                                                                      101
SELECTED TRANSFORMATIVE PROGRAMS



             Potential first treatment of CMV infection in transplant patients in over 10 years.
   TAK-620
             Inhibitor of protein kinase UL97.

             Potential best-in-class therapy for Thrombotic Thrombocytopenic Purpura (TTP).
   TAK-755
             Recombinant ADAMTS13.

             Potential first pharmacologic therapy in >20 years to prevent complications of
   TAK-607
             prematurity. Recombinant IGF-1 growth factor.




                                                                                                   102
 CONGENITAL AND IMMUNE TTP HAVE SUBSTANTIAL MORTALITY
 AND MORBIDITY BURDEN DUE TO INADEQUATE SOC
CONGENITAL TTP (cTTP)
      • Sub-therapeutic dose with plasma infusions
      • Patients still experience ischemic injury of brain,
        kidneys and heart
      • Poor long-term outcomes
IMMUNE TTP (iTTP)
     • ~30% relapse rate with plasma exchange (PEX)
     • New market entrant reduces relapse rate, but has                                                                                                ADDRESSABLE POPULATION
       significant limitations3,4                                                                                                                             (WW)1,2
          – Enhanced risk of bleeding:                                                                                                                      cTTP                        2,000 – 6,000
            Gingival bleeding 18% vs. 1% placebo                                                                                                             iTTP​                    5,000 – 18,000
            Epistaxis 32% vs. 3% placebo


                                                                                                                                                                                                        103
 1. Global major markets: US, Europe, Canada, JPN, and Global Emerging Markets; 2. Haematologica September 2010 95: 1444-1447; 3. N Engl J Med 2019;380:335-46.; 4. N Engl J Med 2016; 374:511-522
TAK-755 DIRECTLY ADDRESSES UNDERLYING CAUSE OF TTP
    TAK-755 REPLACES ADAMTS13, DEFICIENCY OF WHICH LEADS TO TTP
                                                        Platelet   Von Willebrand Factor (VWF)


      Normal     ADAMTS13:
      clotting   Cleaves VWF multimers that mediate
      cascade    platelet aggregation and clotting


                                             Blood vessel



                 ADAMTS13 deficiency:
        TTP      Formation of microthrombi due to
                 accumulation of large VWF multimers


                                                                                                 104
  TAK-755: POTENTIAL TRANSFORMATIVE THERAPY FOR TTP
TAK-755 PHASE I, OPEN-LABEL, DOSE                                                                      TAK-755 PK PROFILE AND PD EFFECT ON
ESCALATION STUDY IN cTTP1                                                                              VWF CLEAVAGE AT 40 IU/KG

                                                                                                              100%                                 Mean FRETS ADAMTS13 Activity                100%
                                                                                                                                                   176 kDa VWF Cleavage Product
                                                                                                              90%                                                                              90%
  • Administered as a single dose




                                                                                                                                                                                                     VWF Cleavage Product (%)
                                                                                     ADAMTS13 Activity2 (%)
                                                                                                              80%                                                                              80%
    in 15 cTTP patients                                                                                                                                         TTP diagnosis requires
                                                                                                              70%                                                  confirmation of             70%
                                                                                                              60%                                              ADAMTS13 activity <10%          60%
  • TAK-755 was well tolerated                                                                                50%                                                                              50%
                                                                                                              40%                                                                              40%

  • No anti-ADAMTS13                                                                                          30%                                                                              30%

    antibodies detected                                                                                       20%                                                                              20%
                                                                                                              10%                                                                              10%
                                                                                                               0%                                                                              0%
                                                                                                                     0   24   48   72   96   120   144   168     192   216   240   264   288
                                                                                                                                             Time (hours)


                                                                                                                                                                                                           105
   1. Blood 2017; vol. 130, number 19, 2055-63; 2. Measured using FRETS (fluorescence resonance energy transfer)
TAK-755: ONGOING PHASE 3 CONGENITAL TTP STUDY
                                         TAK-755 PHASE 3 PROPHYLAXIS STUDY

                                                                        cTTP patients
                                                                        (N = 26 – 42)

                                                                        1:1 Randomization
                                                                                                                                                       • All patients roll over to a 6 month TAK-755
                                                                                                                                                         extension
                                                                                          TAK-755 40 IU/kg
                                                             SOC
                                                                                          Every other week1                                            • Phase 3 study has a cohort of acute cTTP
              Tx duration: 6 months                                                                                                                      patients who receive TAK755. Patients are
                                                                                                                                                         eligible to enter the prophylaxis study upon
                                                 TAK-755 40 IU/kg                                                                                        completion of acute treatment
                                                                                                       SOC
                                                 Every other week

              Tx duration: 6 months
                                                               Primary Endpoint:
                                                        Incidence of acute TTP episodes


                   EXPECTED        2019                                                      2021                                  2023                                   2025
             MILESTONES (FY) 1H: Ph 3 initiated                                        2H: Ph 3 Readout                        US Approval                            EU Approval2
                                                                                                                                                                                                                           106
1. A single dose modification to 1x/week may be mandated based on clinical outcomes; 2. Plan to seek deferral of pediatric data requirement in EU for initial filing, which would enable possible approval in EU in 2023
TAK-755 IMMUNE TTP PHASE 2 STUDY DESIGN
                              Primary or relapse acute iTTP episode (N=30)
                                               PEX Day 1

                                           1:1:1 Randomization


                  Placebo                  TAK-755 Low dose             TAK-755 High dose
                     +                             +                            +
                    SOC                          SOC                          SOC



                                            Remission Phase
                                           Placebo or TAK-755


                                      Primary endpoints: PK/PD



              EXPECTED        2020                2021                 2023            2025
        MILESTONES (FY) 2H: Ph 2 Readout      2H: Ph 3 Start     2H: Ph3 Readout   US/EU Approval   107
SELECTED TRANSFORMATIVE PROGRAMS



             Potential first treatment of CMV infection in transplant patients in over 10 years.
   TAK-620
             Inhibitor of protein kinase UL97.

             Potential best-in-class therapy for Thrombotic Thrombocytopenic Purpura (TTP).
   TAK-755
             Recombinant ADAMTS13.

             Potential first pharmacologic therapy in >20 years to prevent complications of
   TAK-607
             prematurity. Recombinant IGF-1 growth factor.




                                                                                                   108
EXTREMELY PREMATURE INFANTS EXPERIENCE CONSIDERABLE
MORBIDITY


                                                                                                           ~80,000-90,000                                                                      0 Therapies
                                                                                                           Extremely preterm                                                                   for prevention of
                                                                                                           babies (<28 wks                                                                     complications of
                                                                                                           gestational age) born                                                               prematurity
                                                                                                           WW2,3
                                                                                                            ~40% have lung                                                                     ~$200,000
  Morbidity (%) by birth year, US                        data1
                                                                                                            complications                                                                      hospitalization
 100%
                          Bronchopulmonary dysplasia (BPD)
                                                                                                            in addition to                                                                     costs per infant 4
  80%                                                                                                       morbidities in brain,
                          Severe intraventricular hemorrhage (IVH)
  60%                                                                                                       eye that adversely impact
  40%                                                                                                       development and learning
  20%
    0%
        1992         1996        2000         2004         2008         2012

                                                                                                                                                                                                                                109
1. Stoll B, JAMA, 2015;314(10): 1039–1051; 2. CDC; 3. UN data and published sources; 4. Mowitz M et al. Co-occurrence and Burden of Complications of Prematurity Among Extremely Preterm Infants in the US AAP 2017 Poster 76
TAK-607 REPLENISHES IGF-1, A FETAL GROWTH FACTOR THAT IS
DECREASED IN PRETERM INFANTS

TAK-607: IGF-1 / IGFBP-31 COMPLEX                                                                                 IGF-1 LEVELS ARE LOW IN PRETERM INFANTS2

• IGF-1 is an important fetal growth factor
  supplied by the mother that is involved in the                                                                                             IGF-1 in normal in utero fetus
                                                                                                                                             IGF-1 in preterm infants
  development of multiple organs
                                                                                                                                             Mean predicted value
                                                                                                                                             Upper prediction interval (95th)
• IGF-1 is low or absent in premature infants
                                                                                                                                             Lower prediction interval (5th)
  born before 28 weeks2
• TAK-607 demonstrated beneficial effects in
  lung development and brain vasculature in
  preclinical models3,4




  1. Recombinant insulin-like growth factor 1 (rIGF-1), IGFBP-3- IGF binding protein-3; 2. Hellstrom et al., Acta Pædiatrica 2016 105, pp. 576–586; 3. Seedorf G et al. EAPS. Geneva 2016 (manuscript in preparation)
                                                                                                                                                                                                                        110
  4. Ley D et al. jENS 2019
 TAK-607: PHASE 2 STUDY INFORMED DOSE AND
 ENDPOINT SELECTION
ROP-2008-01: RANDOMIZED, CONTROLLED PHASE 2 STUDY OF TAK-607                                                                             TAK-607 IMPACTED BPD AND IVH2

 • Pre-term infants with a gestational age (GA) <28 weeks (N = 120)                                                                                          100                      Standard of care
                                                                                                                                                                                      IGF-1/IGFBP-3
 • Assessed outcomes in ITT and “evaluable” sets (40% patients                                                                                                80




                                                                                                                                       Number of infants %
   who achieved target exposure of IGF-1 levels)1




                                                                                                                                         (evaluable set2)
                                                                                                                                                              60     55%
   • Primary endpoint: ROP not met
                                                                                                                                                              40
   • Pre-specified secondary endpoints: Bronchopulmonary                                                                                                                   29%
     Dysplasia (BPD) was reduced and Intra-Ventricular                                                                                                                               23%
                                                                                                                                                              20
     Hemorrhage (IVH) showed a positive trend                                                                                                                                              8%

 • Granted FDA fast-track designation                                                                                                                          0
                                                                                                                                                                   BPD (Moderate   IVH (Grade 3-4)
                                                                                                                                                                    and Severe)




  1. Evaluable set: ≥70% IGF-1 measurements within targeted intrauterine range (28‒109 µg/L) AND ≥70% intended duration of treatment                                                                 111
  2. Ley D, J Pediatrics, 2018
  ROP – retinopathy of prematurity
TAK-607: FOOTPRINTS STUDY DESIGNED TO DEMONSTRATE
REDUCTION IN THE COMPLICATIONS OF PREMATURITY

                                                 Open label, 1:1:1 Randomization                                                         Treatment                                       Post Treatment
                                                         (N = 200/arm)                                                           (2-7 wks based on GA)                                    Follow-up period

                                                        TAK-607 250 μg/kg/24 h                                               Rx: Day 1                Rx End: 29 wk +                               Primary endpoint:
                                                             continuous IV                                                                               6 d PMA                                 12 months corrected age
       Premature
                                                        TAK-607 400 μg/kg/24 h
         infants:
                                                             continuous IV
      <28 weeks GA
                                                                                                                                                                          Outpatient: Respiratory
                                                         Standard Neonatal Care                                                                                         morbidity assessments/week




                                     Primary endpoint: Duration of supplemental oxygen use through 1 year corrected age1
                                                                     EXPECTED         2019                                                         2023
                                                               MILESTONES (FY) 1H: Ph 2b initiated                                          1H: Ph 2b Readout


                                                                                                                                                                                                                                           112
1. Supplemental oxygen use defined by one of the following: a) Any fraction of inspired oxygen (FiO2) >21%, b) Non-invasive respiratory support delivered via a nasal interface (e.g., continuous positive airway pressure [CPAP], nasal
cannula, etc.), c) Invasive respiratory support (mechanical ventilation) via an endotracheal tube or tracheostomy
NME MILESTONES ACHIEVED IN FY19 AND LOOKING AHEAD TO
OTHER POTENTIAL MILESTONES1 THROUGH FY20
                                                                                    PIVOTAL STUDY STARTS, APPROVALS


                         MLD                                       PEVONEDISTAT       AML                                                                                              EoE
     TAK-611
                         Ph 2 start2                              TAK-924            Ph 3 start
                                                                                                                                                                          TAK-721
                                                                                                                                                                                       Approval

                         cTTP                                                         1L NSCLC                                                                                         Huntington’s Disease
     TAK-755
                         Ph 3 start
                                                                   TAK-788
                                                                                      Ph 3 start
                                                                                                                                                                          mHTT ASO
                                                                                                                                                                                       Pivotal start


                1H FY 2019                                                   2H FY 2019                                                    1H FY 2020                               2H FY 2020
                         Narcolepsy                                PEVONEDISTAT       HR-MDS                                                        2L NSCLC
     TAK-925
                         POC                                      TAK-924            Ph 2 Overall Survival
                                                                                                                                 TAK-788
                                                                                                                                                    Ph 2 Pivotal
                                                                                                                                                                          TAK-620
                                                                                                                                                                                        R/R CMV SOT & HSCT
                                                                                                                                                                                        Ph 3 data

     TAK-721
                         EoE
                         Ph 3 data (induction)                    TAK-007
                                                                                      Hem. Malignancies
                                                                                      POC
                                                                                                                                 TAK-573
                                                                                                                                                    R/R MM, Solid Tumor
                                                                                                                                                    POC
                                                                                                                                                                          TAK-755
                                                                                                                                                                                        iTTP
                                                                                                                                                                                        POC

                         Celiac Disease                                               Hunter (IT)                                                                                      DEE
     TAK-101
                         POC
                                                                   TAK-609
                                                                                      Ph 3 data 2yr extension
                                                                                                                                                                          TAK-935
                                                                                                                                                                                       POC

                                                                                      Huntington’s Disease                                                                              Gastroparesis
                                                                   mHTT ASO                                                                                               TAK-906
                                                                                      POC                                                                                               POC

                                                                                      EoE                                                                                              Nausea & Vomiting
                                                                   TAK-721                                                                                                TAK-951
                                                                                      Ph 3 data (maintenance)                                                                          POC

       Oncology

       Rare Disease

       Neuroscience

       Gastroenterology

 Denotes milestones that have been achieved.
                                                                                                    KEY DATA READOUTS
                                                                                                                                                                                                              113
1. Potential key milestone dates as of November 14, 2019. The dates included herein are estimates based on current data and are subject to change
2. Potentially registration enabling
WE AIM TO PROVIDE CURATIVE THERAPY



               As the global leader in Rare Diseases, we aspire to provide
               transformative and curative treatments to our patients

        Transformative                    Curative

        Programs with transformative      Emerging early pipeline of AAV
        potential in devastating          gene therapies to redefine
        disorders with limited or no      treatment paradigm in
        treatment options today           monogenic rare diseases



                                                                             114
BUILDING A WORLD CLASS GENE THERAPY ‘ENGINE’
         TOP TIER GMP       GENE THERAPY                                 GENE THERAPY
        MANUFACTURING       AAV1 PLATFORM                                  PIPELINE


                                                         TAKEDA THERAPEUTIC AREAS

                                                                     Preclinical                     Clinical
                                                                    Development                    Development

                                                       Liver expression
                                                      3+ Research         NextGen     TAK-748      TAK-754
                            • Strong capabilities     Candidates           Hem A       Hem B        Hem A
                              in liver expression
                            • Emerging
                              capabilities in          CNS expression
                              CNS expression        StrideBio        StrideBio       TAK-686
                                                    Research         Friedreich     Huntington’s
                                                    Candidate           Ataxia        Disease

                                                                                                                 115
1. Adeno-Associated Virus
WE WILL APPLY OUR CELL THERAPY PLAYBOOK AND UNIFYING
CAPABILITIES TO BUILD A GENE THERAPY PIPELINE
                Select Cell Therapy                            Cell To Gene Therapy
             Partnerships/Acquisitions
                                                             Unifying Capabilities
                                                              • Viral expertise
                                                              • Manufacturing

                      Acquisition


      2016     2017    2018           2019                   2020                     2021                 2022+


                                                                        Focus of Future Gene Therapy Partnerships
                                                                        1. Enable re-dosing
                      Deliver protective     Capsids to enhance
                       or regenerative        biodistribution in
   Gene Therapy           factors to                 CNS
     Platform           hepatocytes                                     2. Lower dose and enhance biodistribution
                                     Acquisition
                                  AAV tool box and
                                manufacturing platform                  3. Develop alternative gene delivery vehicles

                                                                                                                        116
SUMMARY


 1                          2                           3
 Takeda has the             We have a leading late      We are building cutting -
 capabilities, scale, and   stage portfolio of          edge capabilities in gene
 innovative platforms to    transformative programs     therapy that aim to
 extend our leadership in   that will establish or      deliver ‘cures’ in
 Rare Diseases              re-define the standard of   monogenic rare diseases
                            care for highly
                            underserved patients




                                                                                    117
R&D DAY AGENDA – NEW YORK, NOVEMBER 14, 2019

       TIME            AGENDA
                       Welcome and Opening Remarks
       12:30 – 12:35
                       Sheelagh Cawley-Knopf, Head R&D Global Portfolio Strategy
                       Takeda: A Global Values-Based, R&D-Driven Biopharmaceutical Leader
       12:35 – 12:45
                       Christophe Weber, President & CEO Takeda
                       Translating Science into Highly Innovative, Life-changing Medicines
       12:45 – 13:20
                       Andy Plump, President R&D
                       Oncology and Cell Therapies with Spotlight on CAR-NK
       13:20 – 13:45
                       Chris Arendt, Head Oncology Drug Discovery Unit
                       Spotlight on Oncology Opportunities
       13:45 – 14:05    • TAK-788 : Rachael Brake, Global Program Lead
                        • Pevonedistat : Phil Rowlands, Head Oncology Therapeutic Area Unit
       14:05 – 14:20   Break
                       Rare Diseases & Gene Therapy
       14:20 – 14:45
                       Dan Curran, Head Rare Disease Therapeutic Area Unit
                       Spotlight on Orexin2R agonists
       14:45 – 15:00
                       Deborah Hartman, Global Program Lead
                       Therapeutic Area Focus in GI with Spotlight on Celiac Disease
       15:00 – 15:20
                       Asit Parikh, Head GI Therapeutic Area Unit

       15:20 – 16:00   Panel Q&A Session

       16:00           Drinks reception
                                                                                              118