Portola Pharmaceuticals August 2016. Forward looking statements This presentation contains forward-looking statements within the meaning of the Private.

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Presentation transcript:

Portola Pharmaceuticals August 2016

Forward looking statements This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of In some cases you can identify these statements by forward-looking words, such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “could,” “would,” “project,” “plan,” “potential,” “seek,” “expect,” “goal,” or the negative or plural of these words or similar expressions. These forward-looking statements are subject to a number of risks, uncertainties and assumptions, and new risks emerge from time to time. In light of these risks, uncertainties and assumptions, the forward- looking events and circumstances discussed in this presentation may not occur and actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. Please refer to our Annual Report on Form 10-K and our most recent Quarterly Report on Form 10-Q that we filed with the SEC for a description of risks and uncertainties that could impact future results. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee that the future results, levels of activity, performance or events and circumstances reflected in the forward-looking statements will be achieved or occur. We undertake no obligation to update any forward-looking statements except as required by law.

Introduction Stuart J. Connolly, M.D., ANNEXA-4 Executive Committee chairman and professor in the Department of Medicine of the Faculty of Health Sciences at McMaster University in Hamilton, Ontario Dr. C. Michael Gibson, ANNEXA-4 Executive Committee member and professor of medicine at Harvard

Andexanet alfa in Factor Xa Inhibitor-Associated Acute Major Bleeding Stuart J. Connolly, M.D., Truman J. Milling, Jr., M.D., John W. Eikelboom, M.D., C. Michael Gibson, M.D., John T. Curnutte, M.D., Ph.D., Alex Gold, M.D., Michele D. Bronson, Ph.D., Genmin Lu, Ph.D., Pamela B. Conley, Ph.D., Peter Verhamme, M.D., Ph.D., Jeannot Schmidt, M.D., Saskia Middeldorp, M.D., Alexander T. Cohen, M.D., Jan Beyer-Westendorf, M.D., Pierre Albaladejo, M.D., Jose Lopez-Sendon, M.D., Shelly Goodman, Ph.D., Janet Leeds, Ph.D., Brian L. Wiens, Ph.D., Deborah M. Siegal, M.D., Elena Zotova, Ph.D., Brandi Meeks, B.Eng., Juliet Nakamya, Ph.D., W. Ting Lim, M.Sc., Mark Crowther, M.D. on behalf of the ANNEXA-4 investigators

Background Factor Xa (fXa) inhibitors are effective, but can cause serious bleeding No available specific reversal agent available fXa inhibitors Andexanet alfa developed as a specific reversal agent for both direct and indirect fXa inhibitors, It rapidly and safely reversed anti-fXa activity in healthy volunteers

Andexanet alfa: Recombinant Modified Human Factor Xa Specifically designed to reverse anticoagulant effects of fXa inhibitors Acts as a fXa decoy to bind molecules that target and inhibit fXa Nature Medicine, Volume 19, April 2013 S S Factor Xa Inhibitor Catalytic Domain Gla GLA domain removed to prevent anticoagulant effect N terminal residues retained to reduce immunogenicity S419A High affinity S419A Activity eliminated to prevent thrombin generation

Day 1 ANNEXA-4 Study Design Patient with acute major bleed, meeting inclusion criteria Patient Screening IV Bolus 2-hour IV Infusion Safety follow-up visit Efficacy Measurements ◆ Change in anti-FXa activity ◆ Clinical hemostatic efficacy through 12 hours Day 30Day 3 If last dose of fXa inhibitor was within 18 hours Andexanet Treatment Bleeding and Laboratory Assessment Assessments: Safety Measurements ◆ Thrombotic events ◆ Antibodies to FX, FXa, andexanet ◆ 30-day mortality After end of infusion 1 hr4 hr8 hr12 hr

ANNEXA-4 Dose Selection Acute major bleeding ≤ 18 hours of last dose of apixaban, edoxaban, rivaroxaban, or enoxaparin Andexanet IV bolus and 2 hour infusion Pts on apixaban or >7 h from last rivaroxaban dose Bolus 400 mg + Infusion mg/min Pts on enoxaparin or edoxaban or ≤ 7 h from last rivaroxaban dose Bolus 800 mg + Infusion mg/min Pts on enoxaparin, edoxaban or ≤7 h from last rivaroxaban dose Bolus 800 mg + Infusion mg/min

ANNEXA-4: Design and Analysis Plan Criteria for Major Acute Bleeding Life-threatening bleeding with hemodynamic compromise Bleeding with hemoglobin drop of >2 gm/dl, or falling below 8 gm/dl Critical organ bleeding, such as intra-cranial, intra-spinal, etc. Analysis Populations Safety population included all patients receiving andexanet Efficacy population excluded patients with baseline anti-fXa activity <75 ng/ml (<0.5 IU/ml for enoxaparin) Preliminary analysis Includes all patients with complete data on June 17, 2016 ANNEXA-4 study is ongoing

Assessment of Clinical Hemostatic Efficacy All cases assessed by independent committee Specific efficacy criteria for each type of bleed Independent Core Lab interpreted brain CT and MRI Cases rated as excellent/good vs. poor/none Based on method developed for assessment of PCC in warfarin bleeding, where efficacy reported was 71%* *Sarode et al, Circulation 2013; 128,

Safety Population N=67 Efficacy Population N=47 Age (yr), mean ± SD77.1 (10.00)77.1 (10.08) Male, n (%)35 (52.2)24 (51.1) White race, n (%)54 (80.6)36 (76.6) Time from presentation until andexanet bolus (hrs), mean ± SD4.8 ± ± 1.82 Estimated creatinine clearance < 30 mL/min, n (%)6 (9.0)4 (8.5) Indication for anticoagulation Atrial fibrillation, n (%)47 (70.1)32 (68.1) VTE, n (%)15 (22.4)12 (25.5) Atrial fibrillation and VTE, n (%)5 (7.5)3 (6.4) Medical History Myocardial infarction, n (%)13 (19.4)7 (14.9) Stroke, n (%)17 (25.4)15 (31.9) Deep vein thrombosis, n (%)20 (29.9)16 (34.0) Pulmonary embolism, n (%)6 (9.0)4 (8.5) Atrial Fibrillation, n (%)49 (73.1)34 (72.3) Heart Failure, n (%)23 (34.3)19 (40.4) Diabetes mellitus, n (%)23 (34.3)17 (36.2) Baseline Characteristics

Factor Xa Inhibitors Received Safety Population N=67 Efficacy Population N=47 Rivaroxaban, N3226 Daily dose, median (IQR)20 (15-20)20 (20-20) Time from last dose to andexanet (hrs), mean ± SD12.8 ± ± 4.12 Baseline anti fXa activity (ng/mL), mean ± SD247.4 ± ± Unbound plasma concentration (ng/mL), median (IQR)16.7 ( )19.3 ( ) Apixaban, N3120 Daily dose, median (IQR)5 (5-10) Time from last dose to andexanet (hrs), mean ± SD12.1 ± ± 4.74 Baseline anti fXa activity (ng/mL), mean ± SD137.7 ± ± Unbound plasma concentration (ng/mL), median (IQR)9.4 ( )10.5 ( ) Enoxaparin, N41 Daily dose, median (IQR)90 (80-150)200 Time from last dose to andexanet (hrs), mean ± SD10.8 ± Anti fXa activity (IU/mL), mean ± SD0.4 ±

Site of Bleeding Safety Population N=67 Efficacy Population N=47 Gastrointestinal Bleeding, n (%)33 (49.3)25 (53.2) Upper, n (%)9 (27.3)7 (28.0) Lower, n (%)10 (30.3)8 (32.0) Unknown, n (%)14 (42.4)10 (40.0) Intracranial Bleeding, n (%)28 (41.8)20 (42.6) Glasgow Coma Scale, mean ± SD14.1 ± ± 1.72 Intracerebral site, n (%)14 (50.0)12 (60.0) Sub-dural site, n (%)11 (39.3)7 (35.0) Subarachnoid site, n (%)3 (10.7)1 (5.0) Other Bleeding site, n (%)6 (9.0)2 (4.3) Nasal, n (%)1 (16.7)0 (0.0) Pericardial/pleural/retroperitoneal, n (%)3 (50.0)1 (50.0) Genital/urinary, n (%)1 (16.7)1 (50.0) Articular, n (%)1 (16.7)0 (0.0)

Anti-factor Xa Activity: Rivaroxaban n= 26

Anti-factor Xa Activity: Apixaban n=20

Clinical Hemostatic Efficacy

Safety Assessment Anticoagulation re-started in 18 patients (27%) by 30 days Thrombotic events occurred within 3 days of andexanet in 4 (6%) patients and by 30 days in 12 (18%) Therapeutic anticoagulation was re-started in only 1 patient before a thrombotic event occurred 10 deaths occurred by 30 days (15%), of which 6 were cardiovascular

Conclusions Andexanet bolus plus 2 hour infusion rapidly reversed anti-fXa activity Effective hemostasis observed in 79% of patients Thrombotic events occurred at rates consistent with the high risk profile of the patients

DOI: /NEJMoa