OUR PIPELINE IS MAKING THE IMPOSSIBLE POSSIBLE

Pipeline for Rare and Common Diseases Across All Ages

OVERVIEW

Capsida’s pipeline consists of next generation intravenously (IV) administered gene therapies. Capsida’s gene therapies utilize proprietary engineered capsids that enable high transduction levels to desired tissues and cells, while limiting tropism to non-target organs. We have identified novel human blood-brain-barrier receptors that bind our engineered capsids. Capsida has developed IV-delivered therapeutic candidates with >70% neuronal expression and greater than 16x liver and 50x DRG detargeting relative to naturally occurring AAV9, substantially increasing the potential therapeutic index of our gene therapy candidates.

The Investigational New Drug (IND) application for our therapy for STXBP1 developmental and epileptic encephalopathy (STXBP1-DEE) has received FDA clearance and we are initiating a clinical trial. This program is the first engineered IV-delivered gene therapy that crosses the blood-brain-barrier and detargets the liver and dorsal root ganglia (DRG) to enter the clinic.

Our investigational gene therapy for Parkinson’s disease associated with GBA mutations (PD-GBA) is on track for IND submission in the second quarter of 2025. Our third program is in IND-enabling studies for Friedreich’s ataxia (FA) and is aiming to target CNS, cardiac, and sensory manifestations with a single candidate.

In our partnered programs we have the potential to co-develop and co-commercialize up to three CNS programs. Partnered programs target CNS and ophthalmology disease indications.

CAP-002: Capsida’s Program for STXBP1-DEE

STXBP1-DEE is a devastating developmental epileptic encephalopathy estimated to affect up to one in 26,000 births globally. STXBP1 is a protein involved in the release of neurotransmitters and neuropeptides, which are responsible for communication across neurons in the brain and throughout the central nervous system. STXBP1-DEE is characterized by early onset seizures and a risk of sudden unexpected death in epilepsy (SUDEP), severe developmental delay, intellectual disability and motor disorders. There are no disease-modifying therapies for STXBP1-DEE. Current treatments are supportive only, and include anti-seizure medication, and physical, occupational, and speech therapy.

CAP-002 is a wholly owned first-in-class next-generation IV-administered gene therapy that is designed to stably supplement STXBP1 protein throughout the brain after a single intravenous infusion while providing a superior safety profile compared to traditional gene therapy approaches by lowering dose and detargeting non-therapeutic organs. This potential disease modifying therapy aims to correct the underlying disease pathology to alleviate disease manifestations for patients with STXBP1-DEE.

CAP-002 received FDA IND clearance and is entering clinical trials. This program is the first engineered IV-delivered gene therapy that crosses the blood-brain-barrier and detargets the liver and dorsal root ganglia (DRG) to enter the clinic. The FDA has granted Orphan Drug Designation to CAP-002 for the potential treatment of STXBP1 encephalopathy.

Capsida has an exclusive license agreement and research collaboration with Baylor College of Medicine and Associate Professor of Neuroscience Mingshan Xue, Ph.D., who has developed STXBP1 mouse models and AAV gene therapy approaches, in support of preclinical development of this program.

López-Rivera et al, 2020, Abramov et al, 2020, Stamberger et al, 2016, Saitsu et al., 2008; Stamberger et al., 2016

CAP-003: Capsida’s Program for PD-GBA

PD is the second most common neurodegenerative disorder, with an estimated prevalence of more than 10 million adults worldwide and nearly one million in the United States. Current evidence suggests up to 15% of PD patients have GBA1 mutations, making this the most common genetic risk factor for PD. A key hallmark of PD is the loss of dopaminergic neurons in a part of the brain called the substantia nigra, and development and spread of Lewy bodies, which are aggregated protein inclusions. PD-GBA is associated with motor and non-motor symptoms, including tremor, rigidity, slowness of movement, cognitive decline, psychiatric symptoms, and sleep disturbances. Currently, there are no approved disease modifying treatments for any form of PD, including PD-GBA. Though standard of care is available for treatment of motor symptoms, motor fluctuations and dyskinesias (abnormal involuntary movements) develop in many patients, and non-motor symptoms will frequently persist, all of which can be debilitating in and of themselves.

Capsida is developing a next-generation systemically delivered gene therapy with best-in-class potential, CAP-003, for the treatment of PD-GBA. Capsida’s wholly owned gene therapy offers the potential to supplement GCase enzyme with a single intravenous infusion, enabling long-term disease modification and substantially slowing disease progression with limited treatment burden. Capsida aims to target critical cortical and sub-cortical areas of the brain associated with PD-GBA, such as the substantia nigra, caudate nucleus, putamen, cortex, and thalamus and offer a superior safety profile compared to traditional gene therapy approaches owing to substantial detargeting from non-therapeutic organs and potential for lower dose.

CAP-003 is expected to clinical development in the first half of 2025.

CAP-004: Capsida’s Program for FA

FA is a rare, hereditary, form of ataxia causing progressive neurodegeneration, decline in gait and limb control, cardiac dysfunction, and sensory deterioration. The prevalence of FA is approximately 1 in every 50,000 people, affecting approximately 5,000 patients in the US and approximately 15,000 worldwide. The average life expectancy for FA patients is 37 years of age, with death typically precipitated by cardiac dysfunction. FA is caused by an intronic triplicate repeat expansion that diminishes the expression of the frataxin (FXN) protein. FXN protein plays a critical role in cellular respiration, and in its absence, there is deficient iron-sulfur clustering in the mitochondria leading to impaired cellular respiration, oxidative stress, and cell death. Owing to eventual cell death, the impact to functions controlled by non-regenerative cell types (e.g., neurons, cardiomyocytes) is most pronounced. Currently, there are limited treatment options for FA.

CAP-004 is a wholly-owned, next generation, IV-delivered gene therapy in IND-enabling studies comprising a novel capsid designed to deliver a functional FXN gene to neurons in the CNS, cardiomyocytes, and sensory regions, thereby providing a permanent source of FXN protein allowing for restoration of cellular respiration and prevention of cell death. CAP-004 offers the potential to stably replace wild type FXN protein in disease-relevant cell types across CNS, cardiac tissues, and sensory regions with a single administration. Capsida’s aim is to enable long-term disease modification across multiple organ systems and tissues impacted by the disease with limited treatment burden and provide a superior safety profile compared to traditional gene therapy. Based on CNS, cardiac and sensory targeting combined with substantial detargeting to the liver and potential for lower dosing, CAP-004 has the potential to be a best-in-class therapy that addresses significant unmet needs in FA patients.

Compassionate Use/Expanded Access Policy

We are focused on developing transformational gene therapies for people with serious diseases. We work closely with patients and families, advocacy groups, physicians, scientists, and regulators who share our commitment to advancing potential medicines to address high unmet medical needs for patients.

Access to Capsida investigational therapies is possible only through participation in carefully designed clinical trials overseen by both an Investigational Review Board (IRB) and regulatory authorities such as the U.S. Food and Drug Administration (FDA). These trials are closely monitored and regulated to help manage potential risks and are rigorously designed to evaluate safety and efficacy of our investigational therapies. The trials are critical to generate data for regulatory review and approval, with the goal of making therapies available to the broader patient population.

Our policy was established after carefully considering the potential risks and benefits of an investigational treatment, our commitment to patient safety and other ethical obligations. Please contact us if you have questions about this policy at patients@capsida.com if you are a patient or caregiver, or at HCPs@capsida.com if you are a healthcare provider.