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ASX ANNOUNCEMENT 4 April 2023 KAZIA PRESENTS NEW DATA FOR PAXALISIB AND EVT801 AT AACR ANNUAL MEETING Sydney, 4 April 2023 Kazia Therapeutics Limited (NASDAQ: KZIA; ASX: KZA), an oncology-focused drug development company

Key Takeaway: Kazia Therapeutics Limited announced it will present new data for its drugs paxalisib and EVT801 at the American Association for Cancer Research (AACR) Annual Meeting from April 14-19, 2023. The presentations, which build on previous positive data about paxalisib's effectiveness in melanoma and childhood brain cancer, will provide critical insights for future development. Kazia's collaboration with Evotec on EVT801 is expected to yield initial clinical data in 2023. This showcases the ongoing progress and potential of Kazia's oncology pipeline, particularly with the emphasis on biomarker strategies, which might enhance approval chances from the FDA.

Market Sentiment Analysis

POSITIVE FACTORS

  • Kazia Therapeutics is presenting new data for paxalisib and EVT801 at AACR, which strengthens their pipeline.
  • The data presented builds on previously positive results for paxalisib in melanoma and childhood brain cancers.
  • Collaboration with Evotec has been fruitful, and their novel biomarker strategy may enhance clinical trial outcomes.
  • Paxalisib has already received FDA designations that indicate significant potential for clinical success.

Full Press Release Details

KAZIA PRESENTS NEW DATA FOR PAXALISIB AND EVT801
AT AACR ANNUAL MEETING
4 April 2023 Kazia Therapeutics Limited (NASDAQ: KZIA; ASX: KZA), an oncology-focused drug development company, is pleased to announce the presentation of new data for both of its pipeline molecules, paxalisib and EVT801, at
the upcoming Annual Meeting of the American Association for Cancer Research (AACR), held in Orlando, FL, from 14 19 April 2023.
total, there will be five presentations at AACR, four of which build on previous positive data for paxalisib in melanoma and childhood brain cancer. The new data being presented provide significant support and direction for the future development of
paxalisib in these expansion indications.
In addition, a presentation by scientists from Kazia s partner, Evotec, will outline the novel biomarker
strategy employed in the phase I study of EVT801, and anticipates the potential initial clinical data from EVT801 in CY2023.
The broad range of abstracts presented
at AACR speak to the breadth of work that is ongoing across our pipeline, said Dr James Garner, Chief Executive Officer of Kazia. The promising new data from Professors Holmen and Rubens, in melanoma and childhood brain cancer
respectively, reinforces the significance of these new opportunities for paxalisib. Moreover, Kazia s ongoing collaboration with Evotec remains extremely fruitful, with excellent work from the biomarker team opening the possibility of rational
patient selection in clinical trials. Of note, biomarker strategy is an important area of focus for FDA, and drug candidates with biomarker selection are potentially more likely to achieve approval than those without.
Summary of Abstracts
SESSION PO.ET03.02 Drug
Resistance in Molecular Targeted Therapies 2
April 16, 2023 1:30pm-5:00pm
Abstract 427/22 Newer generation mTOR inhibition represents effective therapeutic strategy for BRAF-mutant melanoma
Gennie L Parkman, Tursun Turapov, David Kircher, William Burnett, Christopher Stehn, Kayla O Toole, Katie Culver, Ashley Chadwick, Riley Elmer, Ryan
Flaherty, Mona Foth, Karly Stanley, Robert Andtbacka, David Lum, Robert Judson-Torres, Martin McMahon, Sheri Holmen
Huntsman Cancer Institute,
University of Utah, Salt Lake City, UT
University of Minnesota, Minneapolis, MN
SESSION PO.CL09.01 Combination Therapies for Cancer
April 18, 2023 1:30pm-5:00pm
5490/8 Combination of the PI3k inhibitor paxalisib with the nucleoside analog Gemcitabine over-activates the integrated stress response and induces atypical teratoid / rhabdoid tumor cell death
Tyler Findlay, Kristen Malebranche, Anupa Geethadevi, Eric Raabe, Charles Eberhart, Jeffrey Rubens
Johns Hopkins University School of Medicine, Baltimore, MD
Abstract 5509/27 The PI3K inhibitor paxalisib combines synergistically with the MEK
inhibitor mirdametinib to target atypical teratoid / rhabdoid tumors
Kristen J. Malebranche, Tyler Findlay, Anupa Geethadevi, Charles Eberhart, Eric
Raabe, Jeffrey Rubens
Johns Hopkins University School of Medicine, Baltimore, MD
SESSION PO.ET01.04 Targeting Protein Kinases and Phosphatases for Therapy 1
April 18, 2023 1:30pm-5:00pm
4990/3 Dual inhibitor of ACVR1 and MEK 1/2 E6201 and PI3K/mTOR inhibitor paxalisib synergistically inhibit cell growth in DMG
Kwon, Abigail Tindall, Charles Eberhart, Jeffrey Rubens, Eric Raabe
Johns Hopkins University School of Medicine, Baltimore, MD
SESSION PO.CL01.06 Diagnostic and Prognostic Biomarkers 1
April 16, 2023 1:30pm-5:00pm
1015/25 VEGFR-3 expression profiling by histology to classify patient population for the selective VEGFR-3 inhibitor EVT801
Paillasse, Pierre-Benoit Ancey, Gaelle Badet, Anne Gomez-Brouchet, Janik Selves, Philippe Rochaix, Maxime Battistella, Celeste Lebbe, Philippe Cassier, Carlos Gomez-Roca, Jean-Pierre Delord, Mark Whittaker, Lise Davenne, John Friend, Michael
Fitzgerald, James Garner, Pierre Fons
Evotec SE, Toulouse, France & Abingdon, UK
Institut Universitaire du Cancer Toulouse Oncopole, Toulouse, France,
Universit de Paris Cit , AP-HP H pital Saint Louis, Paris, France,
Centre L on B rard, Lyon, France
Therapeutics Ltd, Sydney, Australia
About Kazia Therapeutics Limited
Kazia Therapeutics Limited (NASDAQ: KZIA; ASX: KZA) is an oncology-focused drug development company, based in Sydney, Australia.
Our lead program is paxalisib, a brain-penetrant inhibitor of the PI3K / Akt / mTOR pathway, which is being developed to treat multiple forms of brain cancer.
Licensed from Genentech in late 2016, paxalisib is or has been the subject of ten clinical trials in this disease. A completed phase II study in glioblastoma reported promising signals of efficacy in 2021, and a pivotal study for registration, GBM
AGILE, is ongoing, with final data expected in CY2023. Other clinical trials are ongoing in brain metastases, diffuse midline gliomas, and primary CNS lymphoma, with several of these having reported encouraging interim data.
Paxalisib was granted Orphan Drug Designation for glioblastoma by the US FDA in February 2018, and Fast Track Designation for glioblastoma by the US FDA in
August 2020. In addition, paxalisib was granted Rare Pediatric Disease Designation and Orphan Designation by the US FDA for DIPG in August 2020, and for atypical teratoid / rhabdoid tumours (AT/RT) in June 2022 and July 2022, respectively.
Kazia is also developing EVT801, a small-molecule inhibitor of VEGFR3, which was licensed from Evotec SE in April 2021. Preclinical data has shown EVT801 to
be active against a broad range of tumour types and has provided compelling evidence of synergy with immuno-oncology agents. A phase I study commenced recruitment in November 2021.
This document was authorized for release to the ASX by James Garner, Chief Executive Officer, Managing Director.
Forward-Looking Statements
This announcement may contain
forward-looking statements, which can generally be identified as such by the use of words such as may, will, estimate, future, forward, anticipate, or other similar words. Any
statement describing Kazia s future plans, strategies, intentions, expectations, objectives, goals or prospects, and other statements that are not historical facts, are also forward-looking statements, including, but not limited to, statements
regarding: the timing for results and data related to Kazia s clinical and preclinical trials, and Kazia s strategy and plans with respect to its programs, including paxalisib. Such statements are based on Kazia s expectations and
projections about future events and future trends affecting its business and are subject to certain risks and uncertainties that could cause actual results to differ materially from those anticipated in the forward-looking statements, including
risks and uncertainties: associated with clinical and preclinical trials and product development, related to regulatory approvals, and the related to the impact of global economic conditions. These and other risks and uncertainties are described
more fully in Kazia s Annual Report, filed on form 20-F with the SEC, and in subsequent filings with the SEC. Kazia undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future
events, or otherwise, except as required under applicable law. You should not place undue reliance on these forward-looking statements, which apply only as of the date of this announcement.

Frequently Asked Questions

What new data is presented by Kazia at AACR?

Kazia presents new data on paxalisib and EVT801 at the AACR Annual Meeting.

What cancers does paxalisib target?

Paxalisib targets melanoma and childhood brain cancer in its development.

What is the focus of EVT801's phase I study?

The phase I study of EVT801 focuses on a novel biomarker strategy.

Where is Kazia Therapeutics based?

Kazia Therapeutics is based in Sydney, Australia.

What major designations has paxalisib received?

Paxalisib received Orphan Drug and Fast Track Designations from the FDA.

Last updated: Apr 4, 2023