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Investor Conference Call: Second Quarter 2020 Financial Results and Business Update August 4, 2020
Investor Conference Call:
Second Quarter 2020 Financial Results and Business Update
August 4, 20202 ©2020 Karyopharm Therapeutics Inc. On Today’s Call
•Michael G. Kauffman, MD, PhD, Chief Executive Officer
•John Demaree, Chief Commercial Officer
•Mike Mason, MBA, Chief Financial Officer
•Sharon Shacham, PhD, President and Chief Scientific Officer
•Christopher Primiano, JD, MBA ,Chief Business Officer & General Counsel
•Ian Karp, MBA, Senior Vice President, Investor and Public RelationsPrepared
Q&A Session3 ©2020 Karyopharm Therapeutics Inc. This presentation contains forward -looking statements within themeaning ofThePrivate Securities Litigation Reform Actof1995. Such forward -looking statements include those regarding
Karyopharm’s expectations andplans relating toXPOVIO forthetreatment ofpatients withrelapsed orrefractory multiple myeloma orrelapsed orrefractory diffuse large B-celllymphoma ;
commercialization ofXPOVIO oranyofitsdrug candidates andthecommercial performance ofXPOVIO ;submissions to,andthereview andpotential approval ofselinexor by,regulatory
authorities, including theCompany’s regulatory strategy, theanticipated availability ofdata tosupport such submissions, timing ofsuch submissions andactions byregulatory authorities
andthepotential availability ofaccelerated approval pathways ;theexpected design oftheCompany’s clinical trials ;thetherapeutic potential ofandpotential clinical development plans for
Karyopharm's drug candidates, especially selinexor ;Karyopharm’s collaboration efforts with third-parties, including theNational Cancer Institute ;2020 financial expectations, including
forecasted non-GAAP R&D andSG&A expenses ;andexpectations ofthesufficiency ofKaryopharm’s existing cash andinvestments .Such statements aresubject tonumerous important
factors, risks anduncertainties, many ofwhich arebeyond Karyopharm's control, thatmay cause actual events orresults todiffer materially from Karyopharm's current expectations .For
example, there canbenoguarantee thatKaryopharm willsuccessfully commercialize XPOVIO ;thatregulators willagree thatselinexor qualifies forconditional approval intheE.U.asa
result ofdata from theSTORM study orconfirmatory approval intheU.S.orEUbased ontheBOSTON study inpatients with relapsed orrefractory multiple myeloma ;orthatanyof
Karyopharm's drug candidates, including selinexor, willsuccessfully complete necessary clinical development phases orthatdevelopment ofanyofKaryopharm's drug candidates will
continue. Further, there canbenoguarantee thatanypositive developments inthedevelopment orcommercialization ofKaryopharm's drug candidate portfolio willresult instock price
appreciation. Management's expectations and, therefore, anyforward -looking statements inthispresentation could also beaffected byrisks anduncertainties relating toanumber ofother
factors, including thefollowing: theriskthat theCOVID -19pandemic could disrupt Karyopharm’s business more severely than itcurrently anticipates, including byreducing sales of
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