Irak4 Inhibitors for the Treatment of Rheumatic Diseases

Proprietary physics-based drug discovery technology enabled rapid identification of potent and selective drug candidates for previously inaccessible target

CAMBRIDGE, Mass. – November 12, 2012 – Nimbus Discovery LLC, a biotechnology company discovering novel medicines against exciting but previously inaccessible disease targets, will present data today at the American College of Rheumatology (ACR) Annual Scientific Meeting in Washington, D.C., demonstrating robust efficacy and selectivity of their IRAK4-inhibitors in preclinical models of rheumatic and auto-immune diseases. IRAK4, is a kinase protein, well-validated and long sought after as a target for the treatment of such conditions as lupus, rheumatoid arthritis, psoriasis and inflammatory bowel disease. Previous attempts to identify small molecule modulators of IRAK4 have failed, and yet, the Nimbus compounds show good drug-like properties and are candidates for further development with the potential to make a significant positive impact on patients.

More than 100 conditions fall under the category of rheumatic disease and there are approximately 46 million people in the United States living with some form of the disease. Rheumatic diseases affect the joints and bones and cause chronic joint pain, swelling, and stiffness, and some affect other areas of the body, including the heart, kidneys, lungs, and skin. The drugs currently available to treat most of these conditions do not provide a cure but rather limit the symptoms.

Using a physics-based computational approach, Nimbus and their co-founding partner, Schrödinger Inc., uncovered previously unexploited drivers of potency and selectivity. These insights were used to discover, design, synthesize and test the first truly selective small molecule IRAK4 inhibitors. The three Nimbus novel compounds, ND-346, ND-2110 and ND-2158 demonstrated high selectivity against a panel of 334 kinases, and potent in vitro inhibition of cytokine production in cells and whole blood. Moreover, robust in vivo efficacy was achieved in collagen-induced arthritis, psoriasis and mono-sodium urate (MSU) gout mouse models.

“Previous attempts to modulate IRAK4 have resulted in poor selectivity and inadequate drug-like properties,” said Rosana Kapeller, M.D., Ph.D., Chief Scientific Officer of Nimbus. “These data validate Nimbus’ computational approach to drug discovery and demonstrate our ability to quickly and efficiently identify high potential drug candidates for a target that has challenged researchers for more than a decade.”

Download the poster presented by Nimbus Discovery at the 2012 American College of Rheumatology (ACR) Annual Scientific Meeting (PDF File)

About Nimbus

Nimbus Discovery, a biotechnology company, harnesses cutting-edge computational technologies to uncover breakthroughs in small molecule pharmacology. We focus on medically important and highly sought-after disease targets that have proven inaccessible to traditional industry approaches. Our robust pre-clinical pipeline includes novel agents for the treatment of cancer, metabolic disease and inflammation. Nimbus is organized as a constellation of small, nimble teams of experienced drug-hunters deployed across program-focused subsidiary companies. Each team is freed from conventional barriers to scientific success, chartered to create solutions, and geared for program asset deals with leading pharmaceutical companies. Founded in 2009, Nimbus partnered with Schrödinger to invent and apply a physics-based approach that establishes a new standard for rational drug design. Nimbus is backed by world-class life science investors, including Atlas Venture, SR One, Lilly Ventures and Gates Ventures. For more information please visit www.nimbustx.com.

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Nimbus-Proteros X-Ray Crystallography Partnership

Expands Breadth of Nimbus Drug Discovery Network

CAMBRIDGE, Mass. – November 8, 2012 – Nimbus Discovery LLC, today announced that it has executed a Privileged Partnership Agreement with Proteros Biostructures GmbH (“Proteros”), Martinsried, Germany. This partnership will accelerate drug discovery efforts against a growing pipeline of medically important targets.

Nimbus joins a select number of prestigious pharmaceutical and biotechnology companies that have entered into Privileged Partnership Agreements with Proteros. Privileged Partners are able to preferentially access Proteros’ new Gallery Structures, technologies and extensive in-house expertise to accelerate structure-based drug discovery efforts.

Jonathan Montagu, Vice President, Business Development and Operations at Nimbus commented, “Our cutting-edge computational platform relies heavily upon high quality x-ray structure data. Hence, our current collaboration with Proteros has been instrumental in our success with previously inaccessible targets. This expanded partnership is a logical progression of how we are integrating leading edge technologies to create a new model for drug discovery.”

Cony D’Cruz, Chief Business Officer and President, Proteros, US Inc. added, “We are excited to expand our collaboration with Nimbus. The relationship has been very productive and we look forward to continuing to support Nimbus’ innovative and proven discovery platform.”

About Nimbus

Nimbus Discovery, a biotechnology company, harnesses cutting-edge computational technologies to uncover breakthroughs in small molecule pharmacology. We focus on medically important and highly sought-after disease targets that have proven inaccessible to traditional industry approaches. Our robust pre-clinical pipeline includes novel agents for the treatment of cancer, metabolic disease and inflammation. Nimbus is organized as a constellation of small, nimble teams of experienced drug-hunters deployed across program-focused subsidiary companies. Each team is freed from conventional barriers to scientific success, chartered to create solutions, and geared for program asset deals with leading pharmaceutical companies. Founded in 2009, Nimbus partnered with Schrödinger to invent and apply a physics-based approach that establishes a new standard for rational drug design. Nimbus is backed by world-class life science investors; including Atlas Venture, SR One, Lilly Ventures and Gates Ventures. For more information please visit www.nimbustx.com.

About Proteros biostructures GmbH

Proteros is a privately held company that provides services and proprietary technologies to support integrated drug discovery. Proteros uses its technical expertise, industrial processes and unique technologies for crystallography, kinetic and thermodynamic profiling and fragment-based lead generation incorporating protein structure inspired compound and fragment libraries. The platform enables ‘knowledge driven lead engineering’ to accelerate and improve protein structure analysis and structure-based drug discovery. Proteros complements its clients’ internal capabilities with external expertise and access to flexible resources. Proteros currently provides services to more than 80 pharmaceutical and biotechnology clients in North America, Europe and Asia. Proteros US, Inc. is a wholly owned subsidiary of Proteros established to serve the growing customer base in North America. For more information please visit www.proteros.com.

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Daniel Lynch Joins Nimbus As Executive Chairman

CAMBRIDGE, Mass. – November 1, 2012 – Nimbus Discovery LLC, a biotechnology company discovering novel medicines against exciting but previously inaccessible disease targets, today announced that Daniel S. Lynch has been appointed to the company’s Board of Directors as Executive Chairman. Dan will succeed Bruce Booth, D. Phil., Partner at Atlas Venture and Co-Founder of Nimbus, who will remain on the Board.

“One of Dan’s many strengths is his ability to drive young companies to achieve their goals. In particular, his proven track record in creating value through partnerships will be important as we secure a series of program-focused transactions”, said Bruce Booth. “His expertise in strategy and executive management will provide a valuable resource to the Nimbus team and Board,” Booth added.

Previously, Dan was Executive Chairman at Avila (acquired by Celgene in 2012) and Stromedix (acquired by Biogen Idec in 2012). Dan has more than 25 years experience serving in management positions in the biotechnology and pharmaceutical industries. Dan was CEO and CFO at ImClone Systems, which he led through a significant turnaround, helping to restore the company’s reputation and to secure FDA approval of ERBITUX® (cetuximab), a novel cancer treatment. Earlier, he served in various financial positions at Bristol-Myers Squibb over a 15-year tenure.

“Nimbus Discovery is successfully developing drugs for sought-after targets where traditional chemistry approaches have failed,” said Dan Lynch. “Nimbus has established a radically new approach to drug discovery that has the potential to transform the entire industry pipeline with innovative medicines.”

About Nimbus

Nimbus Discovery, a biotechnology company, harnesses cutting-edge computational technologies to uncover breakthroughs in small molecule pharmacology. We focus on medically important and highly sought-after disease targets that have proven inaccessible to traditional industry approaches. Our robust pre-clinical pipeline includes novel agents for the treatment of cancer, metabolic disease and inflammation. Nimbus is organized as a constellation of small, nimble teams of experienced drug-hunters deployed across program-focused subsidiary companies. Each team is freed from conventional barriers to scientific success, chartered to create solutions, and geared for program asset deals with leading pharmaceutical companies. Founded in 2009, Nimbus partnered with Schrödinger to invent and apply a physics-based approach that establishes a new standard for rational drug design. Nimbus is backed by world-class life science investors, including Atlas Venture, SR One, Lilly Ventures and Gates Ventures. For more information please visit www.nimbustx.com.

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