Good afternoon, welcome to the Mirati Therapeutics second quarter 2023 earnings call. My name is Justin, and I will be the operator for today's call. All lines have been placed on mute to prevent any background noise. After the conclusion of the speaker's prepared remarks, there will be a question-and-answer session. If you would like to ask a question during this time, simply press star followed by 1 on your telephone keypad. If you would like to withdraw your question, press the pound key. It is my pleasure to introduce Ryan Asay, Vice President of Corporate Affairs at Mirati. Ryan, you may begin the call. Thank you, Justin, and welcome everyone to this afternoon's call. Joining me on the call today are Dr. Charles Baum, our President and Founder; Dr. Alan Sandler, our Chief Medical Officer; Dr. Jamie Christensen, our Chief Scientific Officer; Ben Hickey, our Chief Commercial Officer; and Laurie Stelzer, our Chief Financial Officer. I'd like to inform you that certain statements we make during this call will be forward-looking. Such statements deal with future events and are subject to many risks and uncertainties, actual results may differ materially from those in the forward-looking statements. For a full discussion of these risks and uncertainties, please review our annual report on Form 10-K and our quarterly reports on Form 10-Q that are filed with the U.S. Securities and Exchange Commission. This afternoon, we released financial results for the quarter ended June 30, 2023, and recent corporate updates. This press release and accompanying second quarter earnings slide presentation are available on the investors section of our website at mirati.com. Additionally, this afternoon, we also announced the launch of a public offering. This presentation shall not constitute an offer to sell or the solicitation of an offer to buy our securities. The securities described are being offered pursuant to a shelf registration statement filed by us with the SEC that became automatically effective upon filing. We have filed a preliminary prospectus supplement and accompanying prospectus with the SEC related to the offering. These, together with the final prospectus, can be accessed on the SEC's website or the investor page of our website at mirati.com. Before we proceed, I'd like to address an important leadership transition within our organization. This afternoon, we announced the departure of David Meek and the appointment of Dr. Charles Baum as interim CEO during the transition period, while our board leads the search for a permanent CEO. With that, it's my pleasure to introduce Dr. Charles Baum, the President, Founder, and interim CEO of Mirati. Thank you, Ryan, thank all of you for joining us on the call today. On this afternoon's call, I will provide initial remarks before turning the call over to Alan, Jamie, Ben, and Laurie to provide key updates. I'll then provide some closing remarks before we open the line for questions. I would like to start by thanking David and acknowledging the significant role he played in leading the company. Under David's guidance, the past two years, we have continued to advance our robust R&D pipeline and made a lasting impact on people living with cancer. During this period, we received the FDA approval and launched Krazati, becoming a commercial stage company. I express my and the company's gratitude for David's contributions. I have been appointed the interim CEO of the company. It is both an honor and a weighty responsibility to return to this role. As Founder, President, and CEO of Mirati for 10 years, I am deeply committed to our mission, and I will work tirelessly to advance our robust pipeline while pushing the boundaries of novel science and best-in-class capabilities. As we navigate this transition, our mission remains unchanged. We will continue our relentless pursuit of scientific excellence and development of groundbreaking therapies and the improvement of patient outcomes. Our commitment to innovation and patients will remain at the core of everything we do. I am confident in the strength of our team and the wealth of experience we possess. Our focus is on building the capabilities needed to drive long-term sustainable growth of our business. We have a robust pipeline and innovative programs with one of the most productive drug discovery organizations in the industry. Our focus is on areas of cancer with large unmet needs and where revolutionary treatments can have meaningful impact on the lives of patients. Today, we will highlight several important updates, which we believe are very meaningful for Mirati. In first-line non-small cell lung cancer, Alan will share an updated data set, which provides clear and compelling support for the rapid advancement of this combination into phase III development in patients with TPS scores of greater than 50%. In our earlier stage pipeline, Jamie will summarize the promising initial clinical data for MRTX1719, which is our potential best-in-class molecule in the emerging field of MTA-cooperative PRMT5 inhibitors. In second-line non-small cell lung cancer, Ben will describe how the differentiated profile of Krazati, along with the world-class commercial organization, have led to a strong initial launch and the promise of continued growth. Finally, Laurie will share certain details regarding our recent announcement for a proposed public offering, along with a summary of our second quarter financial results. I am very optimistic and very excited about the future of Mirati. We are well positioned to create significant value for shareholders, while also making a meaningful impact on the lives of people living with cancer. With that, I'll now turn the call over to- Thank you, Chuck, hello, everyone. I'll begin on slide 6 by discussing adagrasib, starting with first-line non-small cell lung cancer. My commentary will reflect an updated data cut as of February 28th of this year of cohorts 1A and 2 of KRYSTAL-7, a phase II study evaluating adagrasib in combination with pembrolizumab in first-line patients with non-small cell lung cancer with KRAS G12C mutation. Moving to slide 7, patient numbers and median follow-up nearly doubled since our prior updated ESMO IO in December 2022. On slide 8, you will see that the baseline patient characteristics were generally consistent across data cuts and subgroups. Let's now discuss the safety summary covered on slide 9. Overall, the adagrasib plus pembrolizumab combination has been well-tolerated with a manageable safety profile. Most frequent treatment-related adverse events of the combination are listed on the slide. Importantly, most of these adverse events were low grade and manageable, which led to acceptably low rates of dose reduction and dose interruption of either adagrasib or pembrolizumab. Treatment-related adverse events led to treatment discontinuation of either adagrasib or pembrolizumab in 18% of patients and both drugs in just 4% of patients. This discontinuation rate is consistent with other regimens in the non-small cell lung cancer treatment setting. Let's now move to slide 10. Combination of adagrasib with pembrolizumab demonstrated low rates of clinically meaningful liver toxicity. Liver enzyme elevation was low and consistent with what was presented at ESMO IO. Notably, only 2 patients, or 1.4%, discontinued the combination due to liver treatment-related adverse events. I'll now summarize the interim efficacy results in patients with TPS scores of greater than 50%. On slide 12, the efficacy outcomes for the adagrasib plus pembrolizumab combination in TPS greater than 50% are highly encouraging and comfortably see the outcomes of pembrolizumab monotherapy, which is a standard of care for these patients. The confirmed objective response rate in the full analysis set was 63%, again comparing favorably to the benchmark 39% in KEYNOTE-042 and 45% in KEYNOTE-024. Among clinical activity evaluable patients, defined as requiring at least 1 post-baseline scan, the objective response rate was even higher at 71%. Let's advance to slide 13. Median progression-free survival has not yet been reached but is tracking well above first-line non-small cell lung cancer standard of care thus far. Similarly, on slide 14, median duration of response has also not yet been reached, but is again tracking well above the KEYNOTE-042 benchmark. I will note that the median overall survival remains immature for analysis as of the time of this data cut. Let's advance to slide 15. In summary, KRYSTAL-7 efficacy and safety data strongly support the advancement of the adagrasib plus pembrolizumab regimen into a pivotal phase III study in patients with TPS scores of greater than 50%. Important to note that patients with TPS greater than 50% represent approximately 40% of the first-line KRAS G12C mutant, non-small cell lung cancer patient population, and closer to 50% of the revenue opportunity when accounting for the longer treatment durations relative to patients with TPS scores of less than 50%. We'll advance to slide 16. Quickly summarizes our phase III study design for adagrasib plus pembrolizumab compared to pembrolizumab monotherapy. The conversion of approximately 150 KRYSTAL-7 sites to the phase III study are underway, which we expect will help us move expeditiously. We expect a primary endpoint of progression-free survival, requiring approximately 500 patients. We plan to have additional discussion with the FDA in the third quarter to finalize the phase III study design. We expect to initiate patient enrollment in this phase III study by year-end. I'll now discuss our clinical development approach in patients with TPS scores of less than 50%, summarized on slide 18. Upon evaluating the updated data cut of KRYSTAL-7, we saw clear signals of clinical activity with adagrasib plus pembrolizumab in the TPS less than 50% patient population. However, these data suggest the doublet approach will not be sufficient to displace the existing standard of care for these patients, which is the KEYNOTE-189 regimen of carboplatin, pemetrexed, and pembrolizumab. However, safety and tolerability profile of the adagrasib plus pembrolizumab combination continues to be favorable, which will potentially enable us to add adagrasib to the KEYNOTE-189 regimen. The phase II KRYSTAL-17 study of adagrasib plus chemo-immunotherapy combination is underway, with initial enrollment expected imminently to confirm the optimal phase III approach for patients with TPS scores of less than 50%. We anticipate a decision regarding phase III registrational plans in the TPS less than 50% patient population in 2024, based on the safety and preliminary efficacy data from KRYSTAL-17. Shifting gears and advancing to slide 20, I will now briefly summarize adagrasib's potential first-in-class development plans for difficult-to-treat cancers beyond non-small cell lung cancer. The combination of adagrasib with cetuximab has shown a compelling and differentiated profile in 3rd-line or later colorectal cancer, and we are on track to submit the Supplemental New Drug Application for accelerated approval in the 4th quarter of this year. Our KRYSTAL-10 phase III registrational study in 2nd-line colorectal cancer, evaluating the same combination of adagrasib plus cetuximab versus chemotherapy, is on track to complete enrollment this year, and we expect to report the final analysis of progression-free survival and interim overall survival in 2024, with plans for regulatory submission based on these results. In addition, adagrasib demonstrated clinically meaningful activity in other previously treated KRAS G12C mutated solid tumors, including pancreatic cancer. We are exploring potential accelerated regulatory approval pathways in these patient populations, we expect to gain clarity on our approach by the end of the year. Finally, I'm pleased to report that we initiated a cohort within the Phase 1/2 study evaluating the combination of adagrasib plus MRTX0902, our potential first-in-class SOS1 inhibitor. I will now provide an update on the recent CHMP opinion related to adagrasib's conditional marketing authorization, or CMA, in Europe. The CHMP states that Krazati has a positive risk-benefit profile, but that it does not fulfill certain requirements for a CMA. We firmly believe that adagrasib should be granted a CMA based on its differentiated profile and have requested a formal reexamination of CHMP's opinion. With that, I'll turn the call over to Jamie for an update on our earlier stage development pipeline. Thank you, Alan. Today, I'll highlight promising initial clinical results from MRTX1719, our potentially best-in-class MTA-cooperative PRMT5 inhibitor. This early proof of concept clinical data marks an exciting milestone for Mirati. A manuscript characterizing our early experience with MRTX1719, including case studies from our phase I study, has been accepted by Cancer Discovery and published online this afternoon. Now, let's advance to slide 22, where I will start by describing unique characteristics and the mechanism of action of MRTX1719. PRMT5 is essential for the growth and survival of normal cells, including a number of bone marrow progenitor cell types. Non-selective first-generation PRMT5 inhibitors indiscriminately inhibit PRMT5 in both normal cells and tumor cells. This generally resulted in a narrow therapeutic index, dose-limiting hematologic toxicities, and low single-digit response rates due to incomplete target coverage. In contrast, MRTX1719 is a differentiated MTA-cooperative PRMT5 inhibitor that is designed to specifically target MTAP-deleted tumor cells while sparing bone marrow toxicities. 1719 leverages a unique synthetic lethality approach that exploits a key difference in the methionine salvage pathway between normal cells and tumor cells harboring MTAP gene deletions. In non-tumor cells, illustrated in the left panel of the slide, the intact MTAP protein tightly, tightly regulates levels of the metabolite methylthioadenosine, or MTA. In MTAP-deleted tumor cells, illustrated on the right-hand side of the slide, the loss of the MTAP protein results in accumulation of MTA in up to 20-fold higher cellular concentrations compared to non-tumor cells. This excess of MTA binds the active site of the PRMT5 protein, rendering it in a partially inactive state. This creates an Achilles heel that is uniquely present in MTAP-deleted tumor cells, the PRMT5 MTA complex. MRTX1719 exhibits a greater than 70-fold selectivity for inhibition of PRMT5-dependent cell survival in MTAP-deleted versus normal cells, resulting in a significantly broader therapeutic index relative to non-selective approaches. In preclinical studies, MRTX1719 demonstrated regression in a variety of tumor models harboring an MTAP gene deletion, with maximal antitumor activity expected to require near-complete inhibition of the target biomarker called SDMA, or symmetric dimethylarginine. MRTX1719 does not demonstrate a significant impact on bone marrow or other tissues at dose levels that completely inhibit SDMA and MTAP-deleted tumor cells. Let's move to slide 23. The MTAP gene is deleted in around 10% of all cancers across a broad range of tumors, including non-small cell lung cancer and pancreatic ductal adenocarcinoma, with an estimated annual incidence in the US and Europe of greater than 250,000 patients. Additionally, the Kaplan-Meier curve on the right indicates that patients with tumors harboring an MTAP deletion have a significantly poor prognosis compared to those without an MTAP gene deletion across a composite of major solid tumors. Now, moving on to slide 24, I will now describe our encouraging activity in clinical experience in heavily pretreated patients in our phase I dose escalation study. My commentary will reflect a June 13, 2023 data cut. We dose escalated in 100% increments from 50 to 800 mgs once daily or QD. There were 33 evaluable patients for safety across 6 dose levels and 21 patients evaluable for clinical response, including 18 patients at therapeutic doses at or exceeding 100 mgs. 800 mgs has been defined as the maximum administrative dose for a QD schedule. 600 mgs QD is currently under evaluation as a potential recommended phase II dose. The emerging preliminary PK results are favorable, with a long half-life supporting QD administration and roughly proportional increases in exposure within the therapeutic range. Average exposure at the 200 mg QD dose exceeded the maximal preclinical target efficacious exposure, and the 400 mg QD dose exceeded target exposures by greater than fivefold. In addition, we have evaluated SDMA levels at baseline and day 21 post-treatment tumor biopsies in 3 patients utilizing immunohistochemistry. In all 3 biopsy pairs, SDMA was completely extinguished following the treatment at a dose of 200 mgs QD. Early clinical proof of concept has been achieved with 6 partial responses, including 5 confirmed and 1 unconfirmed response, out of the 18 patients evaluable for response at therapeutic dose levels. Responses were observed across multiple dose levels and tumor types, including non-small cell lung cancer, mesothelioma, biliary tract tumors, melanoma, and malignant peripheral nerve sheath tumor. Importantly, we observed deepening or sustained tumor regression in responding patients over time, which suggests durable clinical benefit. The unconfirmed response I noted in malignant peripheral nerve sheath tumor was observed shortly after data cut-off and is subsequently confirmed. The ongoing trial remains in the dose escalation phase, and dose expansion is underway at several doses. Our experience is early; however, the observation of multiple objective responses across different tumor types is encouraging. Safety has also been encouraging. MRTX1719 has been well tolerated across dose levels to date, with no Grade 4 or 5 treatment-related adverse events observed. The most frequently reported treatment-related adverse events were nausea, vomiting, and fatigue. The vast majority of these were Grade 1 or 2. Grade 3 treatment-related adverse events were observed in only 5 out of 33 patients, or approximately 15%. Finally, dose-limiting cytopenias, which were associated with non-selective PRMT5 inhibitors, have not been observed for MRTX1719 at any dose level to date. When taken together, the apparent complete inhibition of SDMA in patient tumors, favorable safety profile, lack of dose-limiting cytopenias, and early evidence of clinical activity provide clear differentiation from non-selective first-generation PRMT5 inhibitors. These data also highlight a significant opportunity to introduce a novel and meaningful therapeutic approach to the significant population of patients with MTAP-deleted cancers in need of new treatment options. The 70-fold selectivity and pharmaceutical properties of MRTX1719 also support its potential as both a first-in-class and best-in-class opportunity. I'll briefly summarize our potential development approach for MRTX1719. Our goal is to identify a recommended phase II dose this year. Key development interests for phase II cohorts and beyond include pancreatic cancer, non-small cell lung cancer, and mesothelioma. Emerging signals from our ongoing phase I study and phase II basket cohort will inform additional indications for prioritization. As we've already provided significant updates on other programs today, I'll provide a very brief update on MRTX1133, our potent, selective, and potentially first-in-class oral KRAS G12D inhibitor. The phase 1/2 study continues to enroll well, with strong interest from both patients and investigators. Eleven thirty-three has the potential to provide a transformative treatment option for the large and underserved KRAS G12D patient population. We remain excited about the future of the program and look forward to providing an update in the first half of 2024. Overall, we are pleased with the significant progress we've made across our portfolio. Now with that, I'll turn the call over to Ben for our commercial update. Thank you, Jamie, and good afternoon, everyone. I'm delighted to share the very strong results we achieved during our second full quarter since the launch of Krazati. The commercial performance and execution were very strong, and we are thrilled with the positive impact we are making, reaching more patients in need of treatment. We continue to gain market share, and our efforts are also expanding the size of the market. Our product launch continues to gain momentum, and we've witnessed robust demand for Krazati as we generated $13.4 million of net product revenue in the second quarter. Included in this figure was $11.7 million of commercial Krazati sales and $1.7 million of Krazati sales for use in third-party clinical studies. The differentiated efficacy profile has resonated well with healthcare providers and patients alike. We estimate that Krazati achieved new-to-brand share within the mid-40% range among second-line patients not previously treated with a KRAS G12C inhibitor, highlighting the rapid and broad adoption across both academic and community settings. As of the end of the second quarter, we had reached the vast majority of target accounts, which constitute approximately 90% of the market potential. In addition, Krazati has already been prescribed in 90% of the top 100 accounts. We are targeting patients who are naive to a KRAS G12C inhibitor, who have recently progressed to the second line. These patients constitute approximately 75% of our new-to-brand patients, with the remainder coming from later lines of therapy. From a reimbursement, access, and coverage perspective, we are pleased with our rapid progress as our access and medical teams have achieved broad, unrestricted coverage with minimal access barriers for patients. We estimate over 90% of patients are covered, and payer feedback has been positive based on the clinical value of Krazati. Additionally, our patient services have been well-received, with patients able to obtain drug in an average of only 4 days of an oncologist prescription, which is significantly ahead of analogs, closer to 2 weeks. Feedback from oncologists, office staff, and importantly, patients, has also been extremely positive. Importantly, for those oncologists who are familiar with Krazati but have yet to prescribe, intent to prescribe is approximately 80%, and those with experience of using Krazati intent to continue to prescribe is similarly high. Our key messages centered around a 44% response rate, 14.1 months of median overall survival, and low treatment-related discontinuation rates are resonating well. Additionally, data showing Krazati's activity in patients with central nervous system metastases has been favorably received by physicians. A recent Journal of Clinical Oncology publication reflects that Krazati is the only G12C inhibitor to have proven efficacy in previously untreated CNS Mets. In addition, Krazati is the only KRAS G12C inhibitor added to the NCCN guidelines for patients with CNS Mets. Looking ahead, we believe that significant opportunity remains to grow our market share in the second-line setting by increasing the depth of our prescriber base and increasing depth of use, and expanding the addressable market. Our team continues to focus on increasing both testing and identification of KRAS G12C eligible patients, particularly in the community setting. We now estimate that KRAS G12C testing at time of lung cancer diagnosis is in the mid-70% range, and we are working to further increase these testing rates. There is also a meaningful opportunity to better identify patients with a KRAS G12C mutation at the local account level in the electronic medical record system. The U.S. KRAS G12C unique volume grew at over 20% on an annual basis, and we expect this type of linear growth to continue throughout 2023. In conclusion, Krazati is well positioned to become the market-leading product in a growing KRAS G12C market. I'll now turn the call over to Laurie for a financial update. Thank you, Ben. As Chuck mentioned, today, we launched a proposed underwritten public offering to sell $250 million of shares of our common stock and to certain investors that so choose pre-funded warrants to purchase shares of common stock. We also expect to grant to the underwriters of the offering a 30-day option to purchase up to an additional $37.5 million of shares at the public offering price, less the underwriting discounts and commissions. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed or as to the actual size or terms of the offering. Our ending cash and investments balance as of June 30th, 2023, was approximately $780 million. We now expect our 2023 net cash burn to annualize within a range of $560 million-$580 million. Looking ahead, we are committed to evaluating ways to increase operational efficiencies across the organization, and we intend to reduce our 2024 cash burn rate by cutting spend that doesn't negatively impact our highest value drivers. I will now walk through our income statement and touch on a few other key financial metrics. Please see our press release from earlier this afternoon for additional details about our second quarter 2023 financial results. Revenue for the second quarter of 2023 was $13.7 million, which was driven by $13.4 million of Krazati sales and $0.3 million of license and collaboration revenues. This compares to revenue of $5.4 million for the second quarter of 2022, primarily due to a $5 million milestone payment earned from Zai Lab for the first pivotal clinical trial of adagrasib for the first indication in China. The gross to net discount in the second quarter continued to be within our expected range of 20%-25%. Cost of product revenue for the second quarter of 2023 was $1 million. A substantial portion of the inventory sold during the second quarter were manufactured prior to the FDA approval and therefore were expensed to research and development prior to 2023. Research and development expenses for the second quarter of 2023 were $124.2 million, compared to $128.3 million for the same period in 2022. The decrease was primarily driven by a reduction in clinical development costs for sitravatinib as we completed enrollment in the SAPPHIRE phase III clinical trial in the second quarter of 2022 at a decrease in share-based compensation. These decreases were partially offset by increases in our earlier stage clinical development programs, such as MRTX1133, and an increase in salaries and other employee-related expenses to support the advancement of our portfolio. Selling general and administrative expenses for the second quarter of 2023 were $75.5 million, compared to $54.2 million for the same period in 2022. The increase was primarily due to an increase in headcount-related costs, including share-based compensation and salaries, and commercial-related costs to supporting the marketing and sales of Krazati. Net loss for the second quarter of 2023 was $176.9 million, or $3.04 per share, basic and diluted, compared to a net loss of $176.4 million or $3.18 per share, basic and diluted, for the same period in 2022. These results include non-cash expenses, including share-based compensation of $39.4 million and depreciation and amortization of $1.1 million. With that, I'll turn the call back to Chuck for closing remarks. Thanks, Laurie. In conclusion, I want to express my gratitude to our dedicated team for their relentless pursuit of scientific excellence and their commitment to improving the lives of people living with cancer. I also want to extend my appreciation to our shareholders for their continued support, which has been crucial to our success. On behalf of all of us at Mirati, thank you all for joining us today and for your unwavering support for our mission. We are very excited about the future of Mirati and the potential to make a significant impact in the fight against cancer. With that, Justin, we are ready to open the call for questions. Please proceed. Thank you. If you would like to signal with questions, please press star one on your touchtone telephone. If you're joining us today using a speakerphone, please make sure your mute function is turned off to allow your signal to reach our equipment. If you would like to withdraw your question, please press the pound key. Please limit yourself to one question and one related follow-up question. Again, that is star one if you would like to signal. Our first question comes from Michael Schmidt with Guggenheim. Hey, guys. Thanks for taking my questions. Chuck, I guess welcome back in the CEO seat, at least for now. Thank you. I had a question on the lung cancer update. The planned phase III in the TPS above 6% patients obviously makes a lot of sense to us. I was wondering if you think there's an opportunity for accelerated approval with an ORR endpoint on the project frontrunner for the study. The follow-up question would be on the TPS less than 50% patient population. It obviously sounds like you're shifting towards a triplet combination strategy. Perhaps help us understand, you know, if there were any learnings from the KRYSTAL-7 study in that patient subset. Was that data consistent with what you've seen previously in October? How should we think about the KRYSTAL-17 study, you know, in terms of the data that you want to see to, to make a phase III go decision in that patient population? Thanks so much. Yeah. Hi, this is, this is Alan Sandler. I'll answer that question. Let's we'll go bit by bit. The first one was the potential use of an accelerated approval with the phase III study of pembrolizumab versus pembro and adagrasib. You know, as, as you know, the FDA has, has started to talk some more about utilizing phase III studies as opportunities for accelerated approval. It's something we've considered, but we, it is a high bar, number 1, but also the fact is that there's a certain time commitment that is involved in a study and increased complexity when conducting a study in that manner. At this time, we're choosing to go towards a more traditional approach using a progression-free survival, which will allow us, we believe, to get it to patients as quick as possible. The other aspect, again, 2 questions related to the less than 50% population. Yes, KRYSTAL-7 did provide some learnings along the way. There were clear signals of clinical activity with the combination of adagrasib and, and pembrolizumab in this, in this setting, but the data suggested that the doublet approach wouldn't be sufficient to go head-to-head with the triplet combination of chemotherapy and, and pembrolizumab. We did, however, have some early correlative analyses of co-mutations and TPS, which may help to be informative for our subsequent evaluation of a phase III study in the less than 50 population, also prompted us to believe that the addition of chemotherapy in the less than 50% population will be important. KRYSTAL-17 will help us address that by adding adagrasib to chemotherapy and pembrolizumab. We'll after evaluating both safety and early efficacy from KRYSTAL-17. We should be able to have a decision perhaps in the first half of next year regarding plans, further plans in the less than 50% population. Our next question will come from Tyler Van Buren with TD Cowen. Hey, guys. Good afternoon. Thanks for all the update. This was a more exciting call than I think people were anticipating. My question is on MRTX1719. At first glance, looking at the responses in the Cancer Discovery publication, it looks like the depth of responses are around 30%-50%. Do you expect the depth of tumor reduction to continue to increase at consistently higher doses and with longer follow-up? Ultimately, do you view 1719 as a monotherapy or a combination agent in a large indication like lung cancer? Yeah, thanks, Tyler. This is Jamie. I'll, I'll take that question. You know, I think, I think your question is, is a very good one, and it's something we're paying, paying very close attention to. You know, I think that, you know, something important to consider for this study is, you know, it's been ongoing for a, a bit over a year. We have some experience at the lower doses for a number of scans, as we get up to the 400 and higher doses, most of those patients only have a single scan. I think, you know, in addition to that, we, you know, kind of note that if we look at the 100 and 200 meg dose levels, these are where patients may have two or more scans. First of all, of the 6 responses we've seen, 4 of those have occurred at cycles 2, 3, or beyond. Then secondly, a number of those responses or even stable diseases continued to deepen during that period of time. Together, that, you know, really suggests that, you know, our data set may not be fully mature when it comes to response rate. Again, you know, we will keep a close eye on that. I have forgotten your second question. Could you repeat it for me, please? Monotherapy. Oh, yeah, combination. Yeah. Yeah, monotherapy, combination, like lung cancer. Right. You know, I think it... You know, if you look at our experience with relevent so far, we have 2 out of 3 responses in mesothelioma. We have 1 out of 2 in non-small cell lung cancer. For many of the other indications, we have an N of 1, so we're, you know, we're still gathering that. Our phase II approach will be initially monotherapy in the phase II setting. We have cohorts designed with clear futility stopping rules and clear expansion rules. If we should hit response rates of 30%-35% plus with a 6-month duration of response or more, we believe that accelerated approval is possible in indications like non-small cell lung cancer, pancreatic cancer, and mesothelioma in 2nd line and, and beyond, indication. Also, you know, we're using the opportunity to see responses in our study, to prioritize further combination work. Although we do believe that there is a possible accelerated path here, you know, we're really not gonna hesitate to evaluate, combinations as well. Our next question will come from Jay Olson with Oppenheimer. Oh, hey, congrats on all the progress, and welcome back, Chuck. Thank you for taking our question. We had a question on the updated KRYSTAL-7 results. Can you just help us understand why the data cutoff was in February and maybe qualitatively comment on any more recent results you may have seen, and if we should expect additional updates from KRYSTAL-7 this year? Then I had a follow-up, if I could. Sure. Again, this is Alan. I'll, I'll take that. The February cutoff was chosen because it was approximately 6 months after the August, which we felt would provide us with additional patients and additional duration of follow-up, which of course it did. Additionally, there are plans to consider additional data analysis and submission for a medical symposium perhaps later this year. That'll be another opportunity to update the data. Okay, great. Thank you. Congrats on the initial clinical efficacy for MRTX1719. Can you talk about the duration of follow-up that you've observed for patients in the therapeutic dose range is 800 milligrams the top dose? Can you just talk about how many prior lines of therapy the patients failed and how many had non-small cell lung cancer? Sure. Yeah, there was a, a wide variety of, of different types of patients on the study, and prior lines of therapy ranged between, 2 and 6, and median is over 3 for prior lines. Sorry, could you repeat that? Lung cancer. Oh, the lung cancer was 1 out of 2. We're still building an experience there. Duration of follow-up. Duration of follow-up. You know, I think this varies by dose. Our, you know, first active dose level is 100. You know, those patients that have stable disease or partial response remain on therapy, and, you know, for those patients were over 30 weeks. You know, then for that 200 mg dose level, we started, of course, a bit after, you know, those patients have also not progressed unless they had an initial progressive disease. You know, those patients have been on over 20 weeks. Then we have a more nascent experience at 400, and you asked about 800. 800 was defined by protocol as the maximum administered dose. We saw 2 grade 2 intolerable adverse events of vomiting and a fatigue. We'll not be going back to that dose level, but we will be pursuing 600 through the DLT or dose limiting toxicity evaluation period. If we make it through that, we will be looking at expanding that as a potential recommended phase II dose. Bottom line is, you know, median follow-up varies by dose level, and this is something we'll have to let mature over time. Our next question will come from Gena Wang with Barclays. Thank you for taking my question. Also, Chuck, welcome back, and looking forward to working with you, at least in the meantime. One question, you know, regarding the slide 12, I have several clarification questions. I know there are many different response rates here, 63, 59, 71, and also in the footnote, you have a 74%. Could you give us the denominator of at least, you know, the February 2023 update, 63%, 71%, and also the 74%? Yeah. Hi, this is Alan. I'll, I'll be happy to, to walk you through that. Let's recall that the starting number of patients are 56 patients. That is the full analysis set. There were 35 responses overall, that's your 63%. The clinical activity, evaluable patients, that represents 49 patients overall. Again, with that 35 responses, had a response rate of 71%. Now, how we got there, the 56 patients included 3 patients who were ineligible due to 1 patient being a G13C, another patient with atrial fibrillation, and then another patient who'd suffered a stroke and anemia. Although since they received therapy, they were included in the FAS, the full analysis set. If you remove those patients, that's a response rate of 66% out of 53 patients. The clinical activity evaluable, those are patients who had to have both received treatment and had a follow-up scan for evaluation. And that excluded 5 patients that did not have a scan, and 2 of the 3 patients I mentioned that were ineligible. The G13C patient did go on to receive a scan and suffered progressive disease. That 71% would actually be 73% if you included that ineligible G13C patient. I believe I covered your question. Let me know if that's true. Yes. There's another response. Is it 74%? It would be 73. Not one more response, it would be one fewer in the denominator. Our next question will come from Salveen Richter with Goldman Sachs. Hey, thanks. This is Matt on for Salveen. Congrats on the updates. When could we see more mature PFS data for the TPS in 50% population? How confident are you this will be clinically meaningful? Could you just discuss the appropriate benchmark here more broadly, in particular, as direct comparison to KEYNOTE-024 for all endpoints, including OS? I know there has been ongoing debate around this. Thank you. Sure. Again, this is Alan. I'll, I'll take us 2 questions. The PFS, the next opportunity will be coming later this year, as I, as I had mentioned, and we'll have plans to submit to a medical symposium later in the year. There'll be a follow-up. We are quite confident that we will be able to see that this progression-free survival continues to, to maintain. We've done some internal scenarios where we've run them with various analyses of how it may turn out to be with the PFS moving forward, with all those patients that are currently censored. Again, it seems to support very nicely that that PFS will be maintained with additional follow-up. The second part question related to the benchmark. Number 1, the benchmark is pembrolizumab. There is a wealth of data of single agent pembrolizumab in the literature, both 24, 42. There's also real-world evidence data when you look at subsets as well of the KRAS mutant patients. There's a whole wide range of opportunity to establish what the standard of care is. We plan on taking the totality of the data and looking at that as the control. In either way of looking at it, whether you look at KEYNOTE-0 24, KEYNOTE-0 42, or the real-world evidence that suggests maybe the G12C patients do slightly better, in all of those scenarios, we are comfortably ahead of what that projected PFS to be. We'll put that together and use that as our standard of care and our benchmark moving forward for the phase III study. We have a question from Jonathan Miller with Evercore. Hi, guys. Thanks much for the question. Good day again, Jack. I guess on the PRMT5 paper, I met, hey, is this paper all we're going to see this year from this early data? Are you planning on presenting this at a medical meeting? I ask specifically because I noticed you didn't give a full safety table, for instance, and you didn't make mention of, like, LFTs that caused one patient to discontinue. I'm just trying to get a sense for overall tolerability for that and if we'll see a full presentation at a medical meeting this year. Then maybe just a housekeeping question. Can you give any color on the requirements for EU approval that weren't met? What, were they responding to something in trial design or, or something beyond that? All right, I'll take part 1, you know, I think, as you know, we've guided to a MRTX1719 disclosure this year. You know, we essentially consider this a, you know, high-level top-line disclosure and are not actively planning an additional disclosure until 2024. However, we continue to look at data as we move forward, and, you know, as soon as we have a mature enough data to make a difference, we would, you know, have an opportunity to present at a medical meeting, but likely in the 2024 timeframe. You know, with regard to safety, you know, we generally say that this drug has been well tolerated at dose levels up to 800 mgs, that the, you know, number of grade 3 adverse events, is only 15% on study, no grade 4 or grade 5 events. The most common adverse events have been fatigue, nausea, and diarrhea. You know, again, most of those are grade 1 or 2, then certainly the nausea and diarrhea have been very well controlled with co-meds when they need to be. Generally, the grades are low, and they don't require co-med intervention. We have seen, you know, I think you mentioned ALT. We've seen 1 patient with an ALT in the grade 3 range, that patient, you know, essentially, you know, I believe, interrupted and stayed on study. We, you know, are, you know, overall very encouraged by the, the overall safety profile at dose intensity. You know, in fact, we have very few dose interruptions or dose reductions at these dose levels, up again, up to 800 so far. This is Ben. I'll take the CHMP question. Just as a reminder, our CHMP conditional marketing approval was the filing was based upon a single-arm study, and the CHMP actually indicated that the available data showed that we had a positive benefit risk. However, we believe that the negative opinion could be based on the fact that there is an existing conditionally approved KRAS inhibitor. In addition, there was results from a competitor which showed potentially underwhelming pivotal results, which we believe could have been part of the extrapolation there. From our standpoint, we're very, we have filed for a reexamination. We will have the results of that in the next four months. Additionally, the KRYSTAL-12 study is enrolling well. We look forward to the readout of that pivotal study in the first half of 2024, and that was always going to be the study that we would base our pricing and our, and our launch plans off of. We have a question from Jason Gerberry with Bank of America. Hey, guys. Thanks for taking my question. Just wanted to follow up ahead. It sounds like you're meeting with the FDA to finalize your phase III design for this TPS greater than 50. I guess I'm just curious sort of what, what are gonna be the key talking points? Is this largely procedural, or are there elements of the design that you need buy-in, such as, you know, what your comparator is or the PFS endpoint? Then I guess my follow-up to that is a question of, like, commercial relevance if you go with a Keytruda monotherapy comparator. It sounds like probably half the market, you know, uses a KEYNOTE-189 regimen, half uses Keytruda monotherapy. Just kind of wondering if your results are ultimately going to get benchmarked against KEYNOTE-189 in that segment of patients. Thanks. Hey, great. This, this is Al, and I'll take the first half of the, of the question, the, the meeting with the FDA. I, I think it's probably a combination of, of, of procedural and also, just a, an open dialogue with, with the FDA. There were some early discussions when we were there for on another topic, where they had, stated that pembrolizumab would be an appropriate, standard care control arm. What we'd like to do is meet with them again, have that formalized, the discussions regarding the, the control arm, the pembrolizumab, also, PFS as a primary endpoint, as well. We're, we're confident that, we should have a very fruitful discussion with them in agreement, on both, on both key points. I'll have Ben gonna discuss the commercial item. Yeah, from a commercial standpoint, the standard of care in the greater than 50 population is pembrolizumab monotherapy, constitutes over 60% of the current use. From an attractivity standpoint, attractiveness standpoint, a chemo-free regimen is highly sought after by both physicians and patients. We believe actually that the, the targeted, the targeted approach, with the, the long tail of an IO combination will be very attractive to the market, and we hopefully look forward to a successful study and, and bringing it to the market. We have a question from Benjamin Burnett with Stifel. Great, thank you for taking our question. Just one on, on KRYSTAL-7 and the results. Congrats on the improved FC profile you're seeing in the PD-L1 high patients. I want to just ask about, there was a slide that mentioned liver-related adverse events that led to discontinuations that looked pretty low. I was wondering if you maybe give just a little color on what adverse events led to the dose reductions, described on slide 9, I believe. I guess, was there any trend in dose reduction by PD-L1 status, or was that pretty much kind of broad? All right. This is Alan again. First, last question first, there was no difference based on levels of PD-L1 expression. As far as the, the discontinuation rates, or, or interruptions, no one particular TRAE stood out. There's a number that there were a few different events, such as perhaps the GI, with, you know, diarrhea or vomiting, and there were a wide range of ones that had low levels of dyscon associated with it. No other one that really stood out. We have a question from Michael Ulz with Morgan Stanley. Hey, guys. Thanks for taking the question. Maybe just to follow up on the phase III frontline lung study in patients with TPS greater than 50, you're proposing roughly 500 patients there. Just curious, based on your estimates, how long it might take to enroll that number of patients? Thanks. Yeah. This is Alan again. We, we think that enrollment probably will be in the range of about 2.5 to 3 years. Yeah, that will be expedited. We, we'd like that as a result of the transfer of it, the phase II to the phase III, and being able to activate sites quickly. Our next question comes from Yigal Nochomovitz with Citigroup. Yeah. Hi, thanks for taking the questions, and great to see you back in the CEO role, temp- at least temporarily, Chuck. With regard to the greater than 50% cut of the market for the frontline trial, I just wondering a few things. Can you just talk about how you're getting confidence on the PFS as a primary endpoint? I believe the FDA has been on record saying they want to see OS for, for IO therapies. Then obviously, there's a big data point coming in the competitive landscape with Roche's Day one trial for TIGIT in the PD-L1 grade and 50%. What, what type of flexibility might you have to adapt the trial if that hits and the standard of care in frontline were, were to rapidly change? Thank you. Great. Two, two questions. The first one, we'll talk about PFS. Again, we're, we're certainly confident that PFS that we're seeing will be maintained overall, as I've mentioned a little bit earlier. The comment about whether or not the FDA will require OS, of course, is gonna be something that we'll be talking with them, speaking with them this quarter. I will say that, as you'll recall, in the second-line study, PFS was accepted as a primary endpoint, and primarily because of the known entity of crossover and second-line therapy. Although there's not necessarily formal crossover in this study, in front-line patients, the opportunity, since they live so much longer, the opportunity for subsequent lines of therapy, can certainly impact the overall survival or detecting a difference between survival. That will be our discussion with the FDA, based on that. We will, of course, look at overall survival in this study as well. The second part of your question related to the impact of other potential agents that may have positive studies down the road, such as, say, TIGIT. Basically, in essence, that impact is not, does not actually occur with a positive study. It only, the impact only happens when there's been a formal approval, not even accelerated approval, but a full approval of an agent. We believe that once our study has started and we've agreed with, the FDA has agreed in principle, that should be able to go as is and not have to be changed midstream. We'll take a question from Evan Seigerman with BMO. Hi, guys. Thank you so much for taking my question. Thank you for all the data on the call. A bigger picture question from my perspective, you talk about, you know, optimizing your investments, maybe reducing the cash burn. Can you get a little more granular and help us understand how you prioritize what's important versus what maybe, maybe you would let go? Thank you so much. Yeah. Hi, it's Laurie. We, you know, we're continuing, continuing to evaluate our expense base, looking for ways to, you know, be more efficient with our capital. You know, we'll continue to do so. We're committed to reducing the burn as we go into 2024. We will be looking across the organization, but, you know, you know, with a focus on ensuring that we do not, you know, we do not cut expenses as it relates to the most value-driving programs and, and parts of the organization. You know, I, I can't go into more detail today. All right. Thank you. Thanks, thank you for your interest in Mirati, and look forward to sharing additional updates with you in the future. Thank you. Well, thank you. That does conclude today's conference. We do thank you for your participation. Have an excellent day.