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1 FULCRUM THERAPEUTICS Emerging Therapeutic Approaches in Facioscapulohumeral Muscular Dystrophy July 14, 2021 10AM EST

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Page 1: Emerging Therapeutic Approaches in Facioscapulohumeral

1FULCRUM THERAPEUTICS

Emerging Therapeutic Approaches

in Facioscapulohumeral Muscular

Dystrophy July 14, 2021 10AM EST

Page 2: Emerging Therapeutic Approaches in Facioscapulohumeral

2FULCRUM THERAPEUTICS FULCRUM THERAPEUTICS

Today’s Agenda and Objective

Agenda Topic Lead Time (ET)

Welcome, Objective, and Overview of Meeting Jennifer McNary 10:00-10:05am

Background on FSHD Chris Morabito, MD 10:05-10:15am

Overview of Pre-Clinical Data Chris Moxham, PhD 10:15-10:20am

ReDUX4 Study Results Michelle Mellion, MD 10:20-10:40am

Putting it all together Chris Morabito, MD 10:40-10:50am

Q&A / Discussion All 10:50-11:00am

Objective: Provide the opportunity to connect with people living with

FSHD and caregivers about the newly released data results.

Page 3: Emerging Therapeutic Approaches in Facioscapulohumeral

3FULCRUM THERAPEUTICS

Fulcrum Overview

Clinical stage biopharmaceutical company using systematic approach to identify small molecules able to rebalance gene expression

▪ ~7,000 genetically defined diseases today

▪ We are building on decades of research highlighting gene expression role in disease

▪ High-throughput product engine designed to rapidly identify and validate drug targets that can modulate gene expression and treat disease at its root cause

▪ Focus on small molecules as therapeutic modality

Our vision is to treat genetically defined diseases by addressing their root cause

FulcrumSeek Platform identifies targets that

have the potential to rebalance gene expression

Page 4: Emerging Therapeutic Approaches in Facioscapulohumeral

4FULCRUM THERAPEUTICS

Background on FSHD – Chris Morabito, MD

Page 5: Emerging Therapeutic Approaches in Facioscapulohumeral

5

Currently, There Are No Treatment Options for People Living With FSHD That Address Disease Progression

STOCHASTIC DUX4 EXPRESSION contributes to disease heterogeneity, asymmetry, and variability in disease phenotype

PATHOLOGICAL ACTIVITY AND MALADAPTIVE REMODELING lead to muscle fiber death and immune and fat infiltration

PROGRESSIVE MUSCLE LOSS AND FATTY REPLACEMENT can cause a slowly progressive descending weakness and loss of function in those affected

MUSCLE PATHOLOGY leads to accumulation of disability

Currently, there are no treatment options for people living with FSHD that prevent and/or slow muscle wasting and weakness

FACIOSCAPULOHUMERAL MUSCULAR DYSTROPHY (FSHD) is caused by the aberrant expression of DUX4 in skeletal muscle

Page 6: Emerging Therapeutic Approaches in Facioscapulohumeral

6

Losmapimod is a Selective p38 α/β MAP kinase inhibitor

• Four different p38 MAP Kinase proteins have been identified: alpha, beta, delta, and gamma (α, β, δ, γ)

• Losmapimod inhibits the activity of p38 MAP Kinase α a d β and reduces phosphorylation of substrates, including HSP27 and other proteins that result in the regulation of DUX4 expression

• Losmapimod has favorable safety and tolerability, as

demonstrated across:▪ > 3500 study participants

▪ > 25 clinical trials

▪ > 30 countries, and ▪ > 11 different target indications in adults1

1. Cadavid D, Mellion M, Wallace O, et al. Safety and tolerability of losmapimod, a selective p38α/β MAPK inhibitor, for treatment of FSHD at its root cause. Poster presented at the 26th Annual FSHD International Research Congress; June

19-20, 2019; Marseille, France.

Page 7: Emerging Therapeutic Approaches in Facioscapulohumeral

7

Losmapimod is a Selective p38 α/β MAP kinase inhibitor

a d

• Four different p38 MAP Kinase proteins have been identified: alpha, beta, delta, and gamma (α, β, δ, γ)

• Losmapimod inhibits the activity of p38 MAP Kinase α a d β and reduces phosphorylation of substrates, including HSP27 and other proteins that result in the regulation of DUX4 expression

• Losmapimod has favorable safety and tolerability, as

demonstrated across:▪ > 3500 study participants

▪ > 25 clinical trials

▪ > 30 countries, and ▪ > 11 different target indications in adults1

1. Cadavid D, Mellion M, Wallace O, et al. Safety and tolerability of losmapimod, a selective p38α/β MAPK inhibitor, for treatment of FSHD at its root cause. Poster presented at the 26th Annual FSHD International Research Congress; June

19-20, 2019; Marseille, France.

Page 8: Emerging Therapeutic Approaches in Facioscapulohumeral

8FULCRUM THERAPEUTICS FULCRUM THERAPEUTICS

ReDUX4 Hypothesis: Losmapimod Modifies the Course of FSHD

Hypothesis: Losmapimod will reduce FSHD-related muscle degeneration through reduction of myotoxic

DUX4, leading to decreased muscle fat replacement and, ultimately, slowing of functional loss

Muscle Health

Decrease of fat replacement in muscle

Function

Preserve and/or improve muscle function

Quality of Life

Significant patient-reported improvements

0 50 100 150 200 250 300 350

-12.5

-10.0

-7.5

-5.0

-2.5

0.0

2.5

5.0

Days

%C

han

ge

Page 9: Emerging Therapeutic Approaches in Facioscapulohumeral

9

FSHD is a Progressive, Lifelong Disease How can losmapimod slow or halt progressive change in a 48-week study?

▪ Can an 80 participant, 48-week trial show patient benefit safely?

▪ Can trends across multiple analyses converging on benefit provide support for efficacy?

▪ Is losmapimod well tolerated and does it appear safe?

0 50 100 150 200 250 300 350

-12.5

-10.0

-7.5

-5.0

-2.5

0.0

2.5

5.0

Days

%C

han

ge

ReDUX4

48 weeks study

Heterogeneity

Time after diagnosis

*Illustrative model of FSHD progression

Hypothetical Data

Page 10: Emerging Therapeutic Approaches in Facioscapulohumeral

10FULCRUM THERAPEUTICS

Losmapimod Clinical Development Program

▪ Refined clinical endpoints: DUX4, MRI, Muscle

Function, PROsFulcrum Preparatory Studies

▪ Safe and tolerable in FSHD subjects

▪ Target engagement demonstrated

▪ Losmapimod penetrates FSHD muscle

Phase 1

Phase 2 Open Label Study

> 52 weeks dosing

▪ Molecular endpoint in muscle biopsy

▪ MRI assessment of skeletal muscle

▪ Clinical assessments of mobility

▪ Patient reported outcomes

Complete

Ongoing

Studies

Phase 2b ReDUX4

24 or 48 weeks dosing then

Long Term Open Label Extension

▪ Phase 2b trial results to be presented

Page 11: Emerging Therapeutic Approaches in Facioscapulohumeral

11FULCRUM THERAPEUTICS FULCRUM THERAPEUTICS

ReDUX4 Trial Was Designed To Capture a Wide Range of FSHD Disease Progression

STRUCTURAL

(MRI)

Muscle Fat Infiltration

Muscle Fat Fraction

Lean Muscle Volume

PHARMACOKINETICS AND

PHARMACODYNAMICS

FUNCTION-PATIENT

REPORTED OUTCOMES

Patients’ Impression of

Global Change

FSHD-Health Index

MOLECULAR

DUX4-Driven Gene Expression

FUNCTIONAL-CLINICAL

OUTCOME MEASUREMENTS

Reachable Workspace

Dynamometry

Timed Up and Go (TUG) FSHD-TUG

Motor Function Measure

SAFETY AND

TOLERABILITY

*This study (N=80) w as only powered to detect a hypothesized difference in the expression of DUX4-driven gene transcripts (primary endpoint). Protocol amendment to accommodate COVID-19 impact (extend trial to 48 w eeks and allow 2nd biopsy to occur at either 16 or 36 w eeks).(77 participants completed, treatment group=39, placebo group=38). 98.7% of eligible participants rolled over to open-label portion.

Phase 2b, randomized, double-blind, placebo-controlled, multi-site international study*

Page 12: Emerging Therapeutic Approaches in Facioscapulohumeral

12FULCRUM THERAPEUTICS FULCRUM THERAPEUTICS

MRI Screening

Visit 1Day1

Visit 3Week 12

Visit 4Week 16

Visit 2Week 4

Visit 5Week 24†

Visit 6Week 36

Visit 7Week 48

Every 3 Months‡ & Every 6th Month‡

Safety follow-up only if not continuing in OLE

28-day

Screening

Period

Open Label

Extension (OLE)

Study (N=76)

Placebo tablet twice per day (N=40)

Losmapimod tablet 15 mg twice per day (N=40)

7-Day Safety Follow-Up

Baseline Assessment & Randomization

48-Week Placebo-Controlled Treatment Period

ReDUX4 Trial Design*

*All analyses were pre-specified in the statistical analysis plan, with the exception of dynamometry, which is now presented as percent change from baseline. †Protocol amended due to COVID-19 to allow collection of data to inform study endpoints. 16 subjects had completed the Wk24 visit and had already rolled over to the OLE at the time of amendment approval. ‡PK measurements will not be assessed in OLE study. COAs=clinical outcome assessments; FSHD-HI=facioscapulohumeral muscular dystrophy health index; MFF=muscle fat fraction; MFI=muscle fat infiltration; MFM=motor function measure; MRI=magnetic resonance imaging;

MV=l a u cl v lu ; P IC= at t ’ gl bal r f cha g ; PK= har ac k t c ; PR = at t r rt d utc ; RWS= reachable workspace; TUG=timed up and go.

DUX4 Activity(Muscle Biopsy)

OR

MRI(MFI, MFF, LMV)

COAs(Dynamometry, RWS, TUG, MFM)

PROs(PGIC, FSHD-HI)

N=45 N=32

Safety/PK

COVID-19

Amendment

Page 13: Emerging Therapeutic Approaches in Facioscapulohumeral

13FULCRUM THERAPEUTICS

Evaluating Biomarkers in ReDUX4

DUX4-Driven Gene Expression in Muscle Biopsies by RT-qPCR

Whole-Body Musculoskeletal MRI

*Analyses at 16 or 36 weeks. *Analyses at 48 weeks.

Page 14: Emerging Therapeutic Approaches in Facioscapulohumeral

14FULCRUM THERAPEUTICS

Evaluating Clinical Outcome Assessments (COAs)*

Timed Up and Go (TUG) FSHD-TUG Dynamometry

Motor Function Measurement Domain 1

Reachable Workspace (RWS)

*Analyses at 48 weeks.

Page 15: Emerging Therapeutic Approaches in Facioscapulohumeral

15FULCRUM THERAPEUTICS

Evaluating Patient Reported Outcomes (PROs)*

Patients’ Global Impression of Change (PGIC)

FSHD-Health Index (FSHD-HI)

“Since the start of the study,

my overall status is”:

*Analyses at 48 weeks.

Page 16: Emerging Therapeutic Approaches in Facioscapulohumeral

16FULCRUM THERAPEUTICS

Overview of Pre-Clinical Data –Chris Moxham, PhD

Page 17: Emerging Therapeutic Approaches in Facioscapulohumeral

17FULCRUM THERAPEUTICS FULCRUM THERAPEUTICS

Measuring DUX4-Driven Gene Expression

DUX4 is the root cause of FSHD•Present in very low amounts in the FSHD muscle

•Activates expression of DUX4 targets genes during embryogenesis

•DUX4 target genes should not be expressed in skeletal muscle

•Measuring DUX4 target gene expression can tell us about the amount of DUX4 in the muscle

r t

targ t

Page 18: Emerging Therapeutic Approaches in Facioscapulohumeral

18FULCRUM THERAPEUTICS FULCRUM THERAPEUTICS

Losmapimod reduced p38 activity, DUX4 expression, DUX4

activity, and cell death in patient-derived FSHD myotubes

▪ HSP27 is a substrate of p38 MAP kinase pathway

Preclinical study demonstrated a reduction of DUX4 activity

across multiple patient-derived FSHD1/2 myotubes

Losmapimod Reduced DUX4 Expression in Preclinical FSHD Studies

▪ MBD3L2 is a DUX4-target gene

▪ Caspase-3 is an indicator of cell death

0.001 0.01 0.1 10

25

50

75

100

125

% o

f D

MS

O c

on

trol

[Losmapimod] M

0.001 0.01 0.1 10

25

50

75

100

125

0.001 0.01 0.1 10

25

50

75

100

125

% o

f D

MS

O c

on

trol

[Losmapimod] MLosmapimod (μM)

n=8

n=3

Losmapimod

Page 19: Emerging Therapeutic Approaches in Facioscapulohumeral

19FULCRUM THERAPEUTICS FULCRUM THERAPEUTICS

Heterogeneity of muscle composition in FSHDStochastic DUX4 expression and FSHD pathology in the FSHD muscle

DUX4 expression happens in

a subset of myonuclei and myofibers in the FSHD

muscle

Different muscles in an

individual with FSHD have different DUX4 expression

levels and patterns

Area of high

DUX4 activity

Affected

muscle

Area of low

DUX4 activity

STIR signal in MRI helps to

identify muscles most likely to express DUX4

Biopsy procedure was

designed to sample proximal regions in repeated biopsies

Adipose

tissue

Immune

infiltration

Biopsy 1 Biopsy 2

Imprecision in sampling and

heterogeneity in muscle result in

high variability between

measurementsDUX4 expressing myonuclei/fiber

Page 20: Emerging Therapeutic Approaches in Facioscapulohumeral

20FULCRUM THERAPEUTICS

ReDUX4 Study Results – Michelle Mellion, MD

Page 21: Emerging Therapeutic Approaches in Facioscapulohumeral

21FULCRUM THERAPEUTICS FULCRUM THERAPEUTICS

PlaceboBID (N=40)

Losmapimod 15 mg BID (N=40)

Completed 38 (95%) 39 (97.5%)

Discontinued* 2 (5.0%) 1 (2.5%)

DEMOGRAPHICS

Age (years)N 40 40

Mean (SD) 45.7 (+/- 12.69) 45.7 (+/- 12.44)

Race n (%)

White 39 (97.5) 31 (77.5)

Asian 0 5 (12.5)

Other 0 1 (2.5)

Not Applicable 1 (2.5) 3 (7.5)

Ethnicity n (%)

Hispanic or Latino 3 (7.5) 0

Not Hispanic or Latino 36 (90.0) 37 (92.5)

Not Applicable 1 (2.5) 3 (7.5)

Body Mass Index (BMI) (kg/m2)N 39 40

Mean (SD) 26.19 (+/- 4.914) 25.71 (+/- 5.434)

D4Z4 Repeat Unit n (%)

1-3 6 (15.0) 7 (17.5)

4-6 26 (65.0) 29 (72.5)

7-9 8 (20.0) 4 (10.0)

D4Z4 Repeat Category n (%)1-3 Repeats 6 (15.0) 7 (17.5)

4-9 Repeats 34 (85.0) 33 (83.50)

Ricci Score n (%)

2 0 0

2.5 7 (17.5) 5 (12.5)

3 18 (45.0) 19 (47.5)

3.5 7 (17.5) 11 (27.5)

4 8 (20.0) 5 (12.5)

*Discontinuations were not related to study drug.

ReDUX4 Study Participant Randomization Was Well Balanced

Page 22: Emerging Therapeutic Approaches in Facioscapulohumeral

22FULCRUM THERAPEUTICS

Evaluating Biomarkers in ReDUX4

DUX4-Driven Gene Expression in Muscle Biopsies by RT-qPCR

*Analyses at 16 or 36 weeks.

Page 23: Emerging Therapeutic Approaches in Facioscapulohumeral

23FULCRUM THERAPEUTICS FULCRUM THERAPEUTICS

STIR signal in MRI helps to

identify muscles more likely to express DUX4

Biopsy procedure was

designed to sample proximal regions in repeated biopsies

Adipose

tissue

Immune

infiltration

Biopsy 1 Biopsy 2

▪ DUX4-driven gene expression levels

represent DUX4 activity

▪ RT-qPCR assay validated to quantify

DUX4 target gene expression*

▪ Assessed by the mean signal of 6 DUX4 target genes

▪ Primary analysis performed at 16 or

36 weeks of treatment

A Novel Biomarker, DUX4-Driven Gene Expression, Was Selected as the Primary Endpoint

Area of high

DUX4 activity

Area of low

DUX4 activity

DUX4-expressing myonuclei/fiber

*Fulcrum validated a Fluidigm RT-qPCR assay to measure expression of these 6 transcripts (CCNA1, KHDC1L, MBD3L2, PRAMEF6, SLC34A2, ZSCAN4) in addition to 3 reference genes (TBP, HMBS, CDKN1B).STIR= Short-TI Inversion Recovery.

Page 24: Emerging Therapeutic Approaches in Facioscapulohumeral

24FULCRUM THERAPEUTICS

Primary Endpoint: Reduction of DUX4-Driven Gene Expression in Muscle Biopsies

N

Difference LOS-PBO (95% CI) p ValueLOS PBO

DUX4-driven gene expression

(Week 16 and 36 combined)39 38

0.4284(-1.0376, 1.8945)

0.56

Subgroup analysis

(Week 16 and 36 combined)

T 75% at Ba l (≥2 . 2) 32 25-0.4397

(-2.2641, 1.3846)0.63

T 50% at Ba l (≥25.7 2) 19 190.0782

(-2.2392, 2.3956)0.95

T 25% at Ba l (≥27.95 ) 9 11-0.1926

(-3.6835, 3.2984)0.91

By timepoint analysis

DUX4-driven gene expression at Week 16 24 210.0668

(-1.8794, 2.0130)0.95

DUX4-driven gene expression at Week 36 15 170.3523

(-2.0105, 2.7151)0.76

LOS betterPBO better

Log2-fold change

▪ Subgroup analysis by quartile of DUX4-driven gene expression showed no differences

▪ DUX4-driven gene expression was highly variable in both groups

*Primary analysis at 16 or 36 weeks. †Y-axis in log2 scale. Lines represent mean.

DUX4-driven gene expressionPer visit†

• Losmapimod• Placebo

0 16 36

18

20

22

24

26

28

30

32

DU

X4-d

riven

gen

e e

xp

ressio

nin

v(d

elta

Ct)

(y-a

xis

lo

g2

sca

le)

Weeks

PBO (n=21)LOS (n=24)

PBO (n=17)LOS( n=15)

p=0.95 p=0.76 -4-2024

Changes in either group were not observed in the treatment period*,

and the primary endpoint was not met

Page 25: Emerging Therapeutic Approaches in Facioscapulohumeral

25FULCRUM THERAPEUTICS

Challenges of DUX4 Experimental Biomarker

ReDUX4 Showed Downstream Benefits of DUX4 Reduction

▪ Losmapimod reduced DUX4-driven gene expression preclinically in vitro and in vivo

▪ Translation to clinic was limited despite having validated qPCR assay

▪ Stochastic expression - dynamic range varies by ~1000-fold

▪ Scarce expression - ~1/1000 myonuclei shown to express DUX4

▪ Needle biopsy samples a relatively small muscle segment from heterogeneous cell environment

▪ Sampling a dynamic, scarce signal in a heterogenous cell population with needle biopsy was not sufficiently robust to detect treatment-related changes over time

▪ Inter- and intra-patient heterogeneity introduces additional variability

▪ Relative imprecision in the needle biopsy procedure across multiple clinical trial sites

Page 26: Emerging Therapeutic Approaches in Facioscapulohumeral

26FULCRUM THERAPEUTICS

Evaluating Biomarkers in ReDUX4

Whole-Body Musculoskeletal MRI

*Analyses at 48 weeks.

Page 27: Emerging Therapeutic Approaches in Facioscapulohumeral

27FULCRUM THERAPEUTICS FULCRUM THERAPEUTICS

New Paradigm of Image Analysis in NMD

Page 28: Emerging Therapeutic Approaches in Facioscapulohumeral

28FULCRUM THERAPEUTICS FULCRUM THERAPEUTICS

Muscle Categorization Captures FSHD Disease Heterogeneity

Normal-Appearing “A” Intermediate “B” End-Stage “C”

Page 29: Emerging Therapeutic Approaches in Facioscapulohumeral

29FULCRUM THERAPEUTICS

Losmapimod Treated Participants Showed Significantly Less Muscle Fat Infiltration (MFI) vs Placebo in Intermediate Muscles*

Placebo Losmapimod

0.0

0.5

1.0

1.5

2.0

2.5

Intermediate Muscles

Ch

an

ge

fro

m

BL

(p

.p.)

(48 w

eeks)

p=0.38

Placebo Losmapimod

-10

-8

-6

-4

-2

0

Intermediate Muscles

Ch

an

ge

fro

m

BL

(%

)

(48

We

eks)

p=0.77

Muscle Fat Fraction (MFF) Lean Muscle Volume (LMV)Muscle Fat Infiltration (MFI)

* ally tat t cally g f ca t valu ( ≤0.05) ar r rt d f r c dary a d x l rat ry d t . R w a ly w ered to detect a hypothesized difference in the expression of DUX4-driven gene transcripts (primary endpoint). Mixed-

Effects Model for Repeated Measures (MMRM) analysis. Intermediate muscles included in the longitudinal composite score because they are most likely to progress; M I ≥ 10%, M < 50%. LMV by MRI w as pre-specif ied for hypothesis testing.

Placebo Losmapimod

0.0

0.2

0.4

0.6

0.8

Intermediate Muscles

Ch

an

ge

fro

m

BL

(p

.p.)

(48 w

eeks)

p=0.01

LS means + SE LS means + SE LS means + SE

Wo

rse

nin

g

Wo

rse

nin

g

Wo

rse

nin

g

(n=29) (n=24) (n=29) (n=24) (n=29) (n=24)

*Please see poster: "Quantitative Muscle Analysis in FSHD Using Whole-Body MRI: Composite Muscle Measurements for Cross-Sectional A aly ”.

Page 30: Emerging Therapeutic Approaches in Facioscapulohumeral

30FULCRUM THERAPEUTICS

Normal-Appearing Muscles Appear Preserved With Losmapimod vs Placebo*

*Post-h c a aly . R ult ar t tat t cally g f ca t. ally tat t cally g f ca t valu ( ≤0.05) ar r rt d for secondary and exploratory endpoints. ReDUX4 w as only powered to detect a hypothesized difference in the

expression of DUX4-driven gene transcripts (primary endpoint). Normal muscles do not appear to be affected by disease; MFI < 10%.; MFF<50%

Placebo Losmapimod

-0.4

-0.2

0.0

0.2

0.4

0.6

Normal-Appearing Muscles

Ch

an

ge

fro

m

BL

(p

.p.)

(48 w

eeks)

p=0.18

Placebo Losmapimod

-2.5

-2.0

-1.5

-1.0

-0.5

0.0

Normal-Appearing Muscles

Ch

an

ge

fro

m

BL

(%

)

(48

We

eks)

p=0.84

Muscle Fat Fraction (MFF) Lean Muscle Volume (LMV)Muscle Fat Infiltration (MFI)

Placebo Losmapimod

-0.2

-0.1

0.0

0.1

0.2

0.3

Normal-Appearing Muscles

Ch

an

ge

fro

m

BL

(p

.p.)

(48 w

eeks)

p=0.16

Imp

rove

me

nt

Wo

rse

nin

g

Imp

rove

me

nt

Wo

rse

nin

g

LS means + SE LS means + SE LS means + SE

(n=29) (n=24)

Wo

rse

nin

g

(n=29) (n=24) (n=29) (n=24)

Page 31: Emerging Therapeutic Approaches in Facioscapulohumeral

31FULCRUM THERAPEUTICS

Evaluating Clinical Outcome Assessments (COAs) and Patient Reported Outcomes (PROs)*

Timed Up and Go (TUG) FSHD-TUG Dynamometry Motor Function Measurement Domain 1

Reachable Workspace (RWS)

*Analyses at 48 weeks.

Patients’ Global Impression of Change (PGIC)

FSHD-Health Index (FSHD-HI)

“Since the start of the study,

my overall status is”:

Page 32: Emerging Therapeutic Approaches in Facioscapulohumeral

32FULCRUM THERAPEUTICS

Reachable Work Space (RWS)Evaluating Upper Arm and Shoulder Function in FSHD subjects

▪ Centrally read evaluation of individual global upper extremity function, including shoulder and proximal arm

▪ Tracks 3D upper limb trajectory

▪ Divided into 5 regions; shoulder as origin

▪ Calculation of total RWS surface envelope area (m2) and areas for each quadrant

▪ Subjects sit in front of Microsoft Kinect sensor and undergo standardized upper extremity movement protocol

▪ Evaluation performed with and without weights

▪ Scal g f data by ach ubj ct’ ar l gth allows normalization and comparison between subjects

▪ Reliable and sensitive to change

▪ Annualized change; % change/year will be presented

Validated for UE function (FSHD evaluation scale for UE function) and Strength (MVICT)1

1Han et al., 2015 “Reachable workspace reflects dynamometer-measured upper extremity strength in facioscapulohumeral muscular dystrophy”

Page 33: Emerging Therapeutic Approaches in Facioscapulohumeral

33FULCRUM THERAPEUTICS

Losmapimod Showed Significant Improvement in Total Surface Area by Reachable Workspace*

▪ Placebo group lost about 2% to 4% of Total Surface Area (with and without weight)

▪ Losmapimod group showed trends of slower disease progression as well as improvements of up to 1.5% in surface area with weight

-0.10 -0.05 0.00 0.05

Dominant

Non-Dominant

Total Surface Area

No Weight at 48 weeks

* ally tat t cally g f ca t valu ( ≤0.05) ar r rt d f r c dary a d x l rat ry d t . R w a ly w ered to detect a hypothesized difference in the expression of DUX4-driven gene transcripts (primary endpoint). †Total relative area for the 5 quadrants used to calculate the approximate percentages of total area that participants experienced change on w as 1.25. LS means ± SE.

• Placebo (n=29)

• Losmapimod (n=26)

500 g Weight at 48 weeks

-0.10 -0.05 0.00 0.05

Dominant

Non-Dominant

Total Surface Area

p=0.01

p=0.05

Change in total relative surface area†

• Placebo (n=29)

• Losmapimod (n=26)

Worsening Improvement

Page 34: Emerging Therapeutic Approaches in Facioscapulohumeral

34FULCRUM THERAPEUTICS

Hand-Held Dynamometry Evaluating Upper and Lower Extremity Strength in FSHD subjects

▪ Quantitative isometric dynamometry used to assess muscle strength of upper and lower limbs bilaterally

▪ Evaluation performed by trained Physical Therapists

▪ Muscle groups to be assessed include

▪ Shoulder abduction

▪ Elbow flexion

▪ Elbow extension

▪ Ankle dorsiflexion

▪ Hand grip (Jamar)

Shoulder Abduction

Ankle Dorsiflexion

Page 35: Emerging Therapeutic Approaches in Facioscapulohumeral

35FULCRUM THERAPEUTICS

▪ Placebo group lost about 15% of shoulder and ankle dorsiflexors strength after 48 weeks

▪ Losmapimod group

▪ Showed trends of slower progression (< 4% decline)

▪ Improvements (12% to 27%) in the strength of non-dominant shoulder abductors and right ankle dorsiflexors compared to the placebo group

*P t h c a aly . ally tat t cally g f ca t valu ( ≤0.05) ar r rt d f r c dary a d x l rat ry d t . ReDUX4 w as only powered to detect a hypothesized difference in the expression of DUX4-driven gene transcripts

(primary endpoint). Data are reported as percent change from baseline, rather than the pre-specif ied plan to report as LS mean change from baseline in kilograms. LS mean change from baseline (kg) did not show changes.

Losmapimod Showed Improved Muscle Strength vs Placebo*

LOS

(n=15)

(n=16)

(n=26)

(n=26)

PBO

(n=12)

(n=15)

(n=30)

(n=30)

• Placebo

• Losmapimod

Worsening Improvement

-60 -45 -30 -15 0 15 30 45

DominantShoulder Abductors

Non-DominantShoulder Abductors

Left Ankle Dorsiflexor

Right Ankle Dorsiflexors

Dynamometry (Max)

% Change at Week 48

p=0.05

p=0.01

Page 36: Emerging Therapeutic Approaches in Facioscapulohumeral

36FULCRUM THERAPEUTICS

Losmapimod-Treated Participants Showed a Trend in Decreasing Timed Up and Go (TUG) Completion Time vs Placebo*

Placebo Losmapimod

0.00

0.25

0.50

0.75

1.00

1.25

Average Completion Time

Change fro

m b

aselin

e

at w

eek 4

8 (

sec)

p=0.30

> 0.5 second change

from Placebo (p=NS)

(n=29) (n=25)

* ally tat t cally g f ca t valu ( ( ≤0.05) ar r rt d f r c dary a d x l rat ry d t . R w a ly powered to detect a hypothesized difference in the expression of DUX4-driven gene transcripts (primary endpoint).

LS means ± SE.

Wo

rse

nin

g

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37FULCRUM THERAPEUTICS

Trial Participants Who Received Losmapimod Reported Significant Improvement vs Placebo*

Placebo Losmapimod

1

2

3

4

5

6

7

PGIC

LS

mean

s a

t w

eek 4

8(±

SE

)

p=0.02

Pat t ’ l bal I r f Cha g (PGIC) evaluates the impression of change in study participants by asking “Since the start of the study, my overall status is”:

Δ=0.58

* ally tat t cally g f ca t valu ( ≤0.05) ar r rt d f r c dary a d x l rat ry d t . R w a ly w ered to detect a hypothesized difference in the expression of DUX4-driven gene transcripts (primary endpoint).

(n=31) (n=29)

Impro

vem

ent

Wors

enin

g

Page 38: Emerging Therapeutic Approaches in Facioscapulohumeral

38FULCRUM THERAPEUTICS

Fewer participants reported worsening on Losmapimodvs Placebo*

▪ Losmapimod r v th Pat t ’ l bal I r f Cha g (P IC) c ar d t lac b

Improved

48 Weeks

Placebo Losmapimod0

5

10

15

20

25

30

Pe

rce

nta

ge

(n=31) (n=29)

Worsened

48 Weeks

Placebo Losmapimod0

5

10

15

20

25

30

35

40

Pe

rce

nta

ge

(n=31) (n=29)

▲ More study participants

reported improvement

▼ Fewer study participants

reported worsening

PGIC Rating:

Wk

4

Wk

12

Wk

16

Wk

24

Wk

36

Wk

48

Wk

4

Wk

12

Wk

16

Wk

24

Wk

36

Wk

48

0

20

40

60

80

100

Pe

rce

nta

ge

1 : Very much improved

2: Much improved

3: Minimally improved

4: No Change

5: Minimally worse

6: Much worse

7: Very much worse

Placebo Losmapimod

n= 39 34 35 33 30 31 39 36 35 35 27 29

*Stat t cal t t g t d h r . ally tat t cally g f ca t valu ( ≤0.05) ar r rt d f r c dary a d x l ratory endpoints. ReDUX4 w as only pow ered to detect a hypothesized difference in the expression of DUX4-driven gene

transcripts (primary endpoint).

Page 39: Emerging Therapeutic Approaches in Facioscapulohumeral

39FULCRUM THERAPEUTICS | CONFIDENTIAL

Losmapimod Was Generally Well Tolerated With No Severe, Drug-Related Adverse Events

▪ Treatment-emergent adverse events (TEAEs) occurred in 29 (72.5%) losmapimod and 23 (57.5%) placebo participants

▪ For both losmapimod and placebo:

▪ The majority of TEAEs were assessed by the principal investigator as unlikely related or not related to study drug

▪ TEAEs occurred with a frequency of 1 with the exception of dyspepsia, rash, and increased ALT, each of which occurred in 2 subjects

▪ The majority of TEAEs were rated as mild or moderate

▪ No TEAE led to treatment discontinuation or study withdrawal

▪ No adverse events led to death and no deaths occurred during the trial

▪ Three serious adverse events (SAEs), post-op wound infection, alcohol poisoning, and a suicide attempt, were reported in 2 participants in the losmapimod group. All SAEs were severe and assessed as unrelated to study drug

▪ No significant changes in vital signs, laboratory studies, or electrocardiogram (EKG) were observed

▪ Losmapimod has shown favorable safety and tolerability in > 3500 subjects exposed to at least 1 dose1

1. Cadavid D et al. Safety and tolerability of losmapimod, a selective p38α/β MAPK inhibitor, for treatment of FSHD at its root cause. Poster presented at the 26th Annual FSHD International Research Congress; June 19-20, 2019; Marseille, France.

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40FULCRUM THERAPEUTICS

Putting it all together – Chris Morabito, MD

Page 41: Emerging Therapeutic Approaches in Facioscapulohumeral

41FULCRUM THERAPEUTICS FULCRUM THERAPEUTICS

From the Voice of the Patient*…

*Landmark report in November 2020 capturing testimony given to the FDA by patients and family members about the severity of FSHD disease symptoms and the urgent need for treatment. Arjomand J, et al. Facioscapulohumeral muscular

dystrophy (FSHD) voice of the patient report. Published November 5, 2020. Accessed March 1, 2021. https://www.fshdsociety.org/wp-content/uploads/2020/11/Voice-of-the-Patient-Report-FINAL.pdf.

▪ “Having a significant treatment for FSHD

would really be life changing. I would like to

see something that would stop progression

of the disease. If I were to stop progression

right now, I would still be able to walk in 10

years. I would still be able to smile, to get off

the couch, to raise my arms, to hold my future

baby and countless other things….”

– 26-year-old woman

▪ “Our future and her’s stay in limbo with so

many unknowns–that if we had a therapy

that at minimum slowed the progression…

we would be able to guide and plan for what

her future looks like.” – Mother of young girl

with FSHD

▪ “This disease is wicked and cruel in many

ways, but losing my independence is

probably the most frightening and helpless

feeling I have ever had.” – 50-year-old man

Page 42: Emerging Therapeutic Approaches in Facioscapulohumeral

42FULCRUM THERAPEUTICS FULCRUM THERAPEUTICS

Treatment with Losmapimod Resulted in Improved Muscle Health, Strength, and Upper Body Function: Clinical Outcome of Reachable Workspace

Decreased Muscle

Fat Infiltration

Improved Muscle Strength in

Upper Extremities

Improved Function in Upper

Extremities

Observed absolute differences of up >30%

between placebo and losmapimod treatment

* ally tat t cally g f ca t valu ( ≤0.05) ar r rt d f r c dary a d x l rat ry d t . R w a ly w ered to detect a hypothesized difference in the expression of DUX4-driven gene transcripts (primary endpoint).

Page 43: Emerging Therapeutic Approaches in Facioscapulohumeral

43FULCRUM THERAPEUTICS FULCRUM THERAPEUTICS

Treatment with Losmapimod Resulted in Improved Muscle Health, Strength, and Function: Timed Up and Go

Decreased Muscle

Fat Infiltration

Improved Muscle Strength in

Lower Extremities

Improved Function in Lower

Extremities

Observed absolute differences of up to 40%

between placebo and losmapimod treatment

* ally tat t cally g f ca t valu ( ≤0.05) ar r rt d f r c dary a d x l rat ry d t . R w a ly w ered to detect a hypothesized difference in the expression of DUX4-driven gene transcripts (primary endpoint).

Page 44: Emerging Therapeutic Approaches in Facioscapulohumeral

44FULCRUM THERAPEUTICS FULCRUM THERAPEUTICS

The Totality of Evidence Supports Losmapimod as a Potential, Transformative Disease-Modifying Treatment for FSHD

STRUCTURAL

(MRI)

PHARMACOKINETICS AND

PHARMACODYNAMICS

Extensive evaluations in

patients

FUNCTIONAL PATIENT-

REPORTED OUTCOMES

MOLECULAR

In vitro and in vivo data

FUNCTIONAL CLINICAL

OUTCOME MEASUREMENTS

SAFETY AND

TOLERABILITY DATASET

>3600 subjects treated

Losmapimod

for FSHD

Page 45: Emerging Therapeutic Approaches in Facioscapulohumeral

45FULCRUM THERAPEUTICS FULCRUM THERAPEUTICS

Acknowledgements

Patient Groups

Collaborating OrganizationsPeople Living With FSHD Participating in This Study

ReDUX4 Study Sites

Clinical and Scientific Advisors

▪ Baziel van Engelen, MD, PhD Radboud UMC

▪ Jeffrey Statland, MD. KUMC

▪ Lee Sweeney, PhD. UFL

▪ Leslie Leinwand, PhD. UC Boulder

▪ Peter Jones, PhD. UNR

▪ Rabi Tawil, MD. URMC

▪ Silvère van der Maarel, PhD. LUMC

▪ Stephen Tapscott, MD, PhD. Fred Hutch

Other Collaborators

▪ Jay Han, MD, and Maya Hatch, PhD at UC Irvine

ReDUX4 Physical Therapists

ReDUX4 Study Coordinators

Principal Investigator

Rabi Tawil, MD. URMC

Site Investigators

▪ Alan Pestronk, MD. WUSTL

▪ Angela Genge, MD. Montreal Neurological Inst.

▪ David Reyes Leiva, MD. HSCSP

▪ Doris Leung, MD, PhD. KKI

▪ Kathryn Wagner, MD, PhD. KKI*

▪ Hanns Lochmüller, MD, PhD. CHEO

▪ Jeffrey Statland, MD. KUMC

▪ Johanna Hamel, MD. URMC

▪ Jordi Diaz Manera, MD, PhD. HSCSP

▪ Jorge Alonso-Perez, MD. HSCSP

▪ Lawrence Hayward, MD, PhD. UMMS

▪ Leo Wang, MD, PhD. UW Medicine

▪ Namita Goyal, MD. UCI

▪ Nicholas Johnson, MD. VCU

▪ Nuria Muelas, MD, PhD. Hospital La Fe

▪ Perry Shieh MD, PhD. UCLA Health

▪ Sabrina Sacconi, MD, PhD. CHU Nice

▪ Samantha LoRusso, MD. OSU

▪ Sub Subramony, MD. UFL

▪ Summer Gibson, MD. Utah Health

Page 46: Emerging Therapeutic Approaches in Facioscapulohumeral

46FULCRUM THERAPEUTICS

Q&A / Discussion

Page 47: Emerging Therapeutic Approaches in Facioscapulohumeral

47FULCRUM THERAPEUTICS

Thank you!Fulcrum Therapeutics, Inc.26 Landsdowne Street

Cambridge, MA 02139

Email: [email protected]

Page 48: Emerging Therapeutic Approaches in Facioscapulohumeral

48FULCRUM THERAPEUTICS

Back-up

Page 49: Emerging Therapeutic Approaches in Facioscapulohumeral

49FULCRUM THERAPEUTICS FULCRUM THERAPEUTICS

Neck

Legs

Torso Left Arm

Patient reposition Patient reposition

Right Arm

Imaging Protocol for Whole Body MRI

Total examination time ~30 min

Page 50: Emerging Therapeutic Approaches in Facioscapulohumeral

50FULCRUM THERAPEUTICS

Evaluating Skeletal Muscle Health by Whole Body Musculoskeletal MRI*

Dystrophic Skeletal Muscle

Tissue in FSHD

Fatty and fibrotic tissue infiltration contribute to the loss of function by

altering muscle biomechanical properties

FibrosisFat tissue

Muscle Fat

Infiltration (MFI)

Muscle Fat

Fraction (MFF)

Holistic and Quantitative Picture of Muscle Health

50%

0%

100%

0%

100%

0%

Muscle Fat Infiltration

(MFI)Indicator of muscle quality

Muscle Fat Fraction

(MFF)Measurement of overall

fattiness of the muscle

Lean Muscle Volume

(LMV)Measurement of the amount of

lean/contractile muscle tissue

18 muscles were analyzed bilaterally (36 total)

*Please see poster: "Quantitative Muscle Analysis in FSHD Using Whole-Body MRI: Composite Muscle Measurements for Cross-Sectional A aly ”.

Page 51: Emerging Therapeutic Approaches in Facioscapulohumeral

51FULCRUM THERAPEUTICS

FSHD-TUG, Motor Function Measurement, and FSHD-HI Did Not Demonstrate Differences Between Losmapimod and Placebo*

Motor Function Measure FSHD Health Index (FSHD-HI)FSHD-TUG

Placebo Losmapimod

0.00

0.25

0.50

0.75

1.00

1.25

Average Completion Time

Change fro

m b

aselin

e

at w

eek 4

8 (

sec)

LS means + SE

* ally tat t cally g f ca t valu ( ≤0.05) ar r rt d f r c dary a d x l rat ry d t . R w a ly w ered to detect a hypothesized difference in the expression of DUX4-driven gene transcripts (primary endpoint).

Mixed-Effects Model for Repeated Measures (MMRM) analysis. FSHD-TUG w as pre-specified for hypothesis testing.

Placebo Losmapimod

-5

-4

-3

-2

-1

0

1

2

3

4

5

MFM Domain 1 Score

Change fro

m b

aselin

e

at w

eek 4

8

LS means + SE

Wo

rse

nin

gIm

pro

vem

en

t

Wo

rse

nin

g

Placebo Losmapimod

0

1

2

3

4

Total FSHD-HI Score

Change fro

m b

aselin

e

at w

eek 4

8

Wo

rse

nin

g

LS means + SE

(n=30) (n=23) (n=30) (n=25) (n=30) (n=28)

The placebo results suggest that these measures did not detect progression

Page 52: Emerging Therapeutic Approaches in Facioscapulohumeral

52FULCRUM THERAPEUTICS

Reachable Work Space (RWS)Evaluating Upper Arm and Shoulder Function in FSHD subjects

1Han et al., 2015 “Reachable workspace reflects dynamometer-measured upper extremity strength in facioscapulohumeral muscular dystrophy”

Page 53: Emerging Therapeutic Approaches in Facioscapulohumeral

53FULCRUM THERAPEUTICS

-0.03 -0.02 -0.01 0.00 0.01 0.02

Q5 Dominant

Q5 Non-Dominant

Q4 Dominant

Q4 Non-Dominant

Q3 Dominant

Q3 Non-Dominant

Q2 Dominant

Q2 Non-Dominant

Q1 Dominant

Q1 Non-Dominant

No Weight

p=0.03

500 g Weight

Change in at Week 48

• Placebo (n=29)

• Losmapimod (n=26)

Change at Week 48

• Placebo (n=29)

• Losmapimod (n=25)

Improvement in Total Surface Area Was Seen in Trends of Slowed Disease Progression and Improvement on Multiple RWS Metrics*

* ally tat t cally g f ca t valu ( ≤0.05) ar r rt d f r c dary a d x l rat ry d t . R w a ly w ered to detect a hypothesized difference in the expression of DUX4-driven gene transcripts (primary endpoint).

Total relative area for the 5 quadrants used to calculate the approximate percentages of total area that participants experienced change on w as 1.25. LS means ± SE.

Worsening Improvement Worsening Improvement

-0.03 -0.02 -0.01 0.00 0.01 0.02

Q5 Dominant

Q5 Non-Dominant

Q4 Dominant

Q4 Non-Dominant

Q3 Dominant

Q3 Non-Dominant

Q2 Dominant

Q2 Non-Dominant

Q1 Dominant

Q1 Non-Dominant

p<0.1

p=0.02

p<0.1

p<0.1

p<0.1

p<0.1