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ANNUAL REPORT 2012 - TiGenix

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Cx611 Phase IIa in rheumatoid arthritis (RA)<br />

reported positive interim safety results<br />

Cx611 is an allogeneic eASC product<br />

candidate for the treatment of RA. This is<br />

the most advanced trial in the world with<br />

stem cells in RA and the Company expects<br />

to report final results in April 2013. Positive<br />

interim safety results were reported in<br />

December <strong>2012</strong>. This multicenter (20 centers),<br />

placebo-controlled study enrolled 53<br />

patients, divided in 3 cohorts with different<br />

dosing regimens. The objective of the trial<br />

is to determine safety, feasibility, tolerance,<br />

and optimal dosing, and obtain a first<br />

indication of efficacy in this very difficult to<br />

treat patient population that has previously<br />

failed to respond to at least two biologicals.<br />

<strong>TiGenix</strong> expects that the phase IIa results will<br />

set the stage for the further development of<br />

Cx611 in RA, and potentially in a wide range<br />

of other autoimmune disorders.<br />

Phase I successfully concluded for Cx621<br />

to assess intra-lymphatic administration of<br />

eASCs<br />

Cx621 is an allogeneic eASC product<br />

candidate for the treatment of autoimmune<br />

diseases via a proprietary technique of<br />

intra-lymphatic administration. In July <strong>2012</strong>,<br />

<strong>TiGenix</strong> successfully concluded a phase<br />

I study to assess safety, tolerability and<br />

pharmacodynamics of intra-lymphatic<br />

administration of Cx621 in healthy volunteers.<br />

The Company filed a patent for this novel<br />

route of administration and is currently<br />

evaluating in which autoimmune indication<br />

eventually move the product forward into<br />

the next clinical stage of development.<br />

Appointments of Jean Stéphenne as<br />

chairman & Russell Greig as member of<br />

Board of Directors<br />

On September 19, <strong>TiGenix</strong> appointed Jean<br />

Stéphenne chairman and Russell Greig<br />

member of the Board of Directors. Both are<br />

former members of the Corporate Executive<br />

Team of GlaxoSmithKline, and have a sterling<br />

track record that will be of immense value<br />

as <strong>TiGenix</strong> enters into a pivotal phase of<br />

its growth with the commercial roll-out of<br />

ChondroCelect and the advanced clinical<br />

development of its cell therapy programs.<br />

Key approvals for manufacturing facilities in<br />

the Netherlands and Spain<br />

In September <strong>2012</strong>, <strong>TiGenix</strong> obtained the<br />

approval from the EMA for the production<br />

of ChondroCelect in its new state-of-the-art<br />

manufacturing facility in Sittard-Geleen, the<br />

Netherlands. The new site is unique in Europe<br />

as it is 100% geared towards the production<br />

of innovative cell therapy products. It<br />

provides crucial manufacturing capabilities<br />

to support the expected growth in demand<br />

for ChondroCelect for cartilage repair, and<br />

has sufficient capacity for the production of<br />

other advanced stem cell therapy products.<br />

In addition, in January 2013, <strong>TiGenix</strong><br />

successfully renewed its manufacturing<br />

authorization for stem cell products at its<br />

manufacturing facility in Madrid, Spain.<br />

The GMP facility in Madrid performs a vital<br />

function by manufacturing high-quality,<br />

clinical grade allogeneic stem cell products<br />

to fuel <strong>TiGenix</strong>’s key clinical programs.<br />

200 <strong>TiGenix</strong> I annual report <strong>2012</strong>

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