Multicenter Phase 1b Randomized, Placebo-controlled, Blinded Study to Evaluate the Safety, Tolerability and Efficacy of Microbiome Study Intervention Administration in Combination with Anti-PD-1 Therapy in Adult Patients with Unresectable or Metastatic Melanoma

This study is designed to evaluate the safety and tolerability of treatment with oral
microbiome study intervention (SER-401) or matching placebo in combination with
anti-programmed cell death 1 (anti-PD-1) therapy (nivolumab) in participants with
unresectable or metastatic melanoma. The study also intends to assess clinical outcomes, the
impact of microbiome study intervention administration on the microbiome profile, and its
association with clinical and immunological outcomes.

Inclusion Criteria:

1. Participant must be willing to provide a baseline stool sample.

2. Histologically-confirmed Stage IV cutaneous melanoma or Stage III cutaneous, acral or
mucosal melanoma that is judged inoperable. Participants with a history of uveal
melanoma are not eligible.

3. Measurable disease as defined by Response Evaluation Criteria in Solid Tumors version
1.1 (RECIST v1.1; ie, defined as at least 1 lesion that can be accurately measured in
at least 1 dimension [longest diameter to be recorded] with a minimum size of ≥ 10 mm
by computerized tomography [CT] scan or caliper measurement on clinical exam or ≥ 20
mm by chest X-ray).

1. Malignant lymph nodes must be ≥ 15 mm in short axis when assessed by CT scan to
be considered pathologically enlarged and measurable.

2. Participants must have at least one measurable lesion by RECIST and a separate
lesion amenable to biopsy that has not been previously irradiated.

i. Participants must be willing to undergo a newly-obtained core needle or incisional
biopsy at baseline (prior to antibiotic or antibiotic placebo administration). Fine
needle aspiration is not acceptable.

4. Participants must be willing to undergo tumor biopsy on treatment.

5. Prior adjuvant or neoadjuvant melanoma therapy is permitted if completed at least 6
weeks prior to randomization and all related AEs have either returned to baseline or
stabilized.

1. Prior anti-CTLA-4 therapy in the adjuvant setting is allowed if completed at
least 12 weeks prior to the first dose of anti-PD-1.

Exclusion Criteria:

1. Participants who require hemodialysis.

2. Participants with a history of another cancer in the last 5 years, except for: a)
curatively resected non-melanoma skin cancer; b) curatively treated cervical carcinoma
in situ; c) localized prostate cancer not requiring systemic therapy; and c) other
primary tumors with no known active disease present that, in the opinion of the
Investigator and the Sponsor, will not affect participant outcome in the setting of
the current diagnosis.

3. Any known, untreated brain metastases. Participants with brain metastases are eligible
if these have been treated, and provided:

1. Brain metastases must be stable (image-documented) 4 weeks after completion of
treatment for brain metastases and require treatment with less than 10 mg/day
prednisone equivalent for at least 2 weeks prior to study intervention
administration.

2. Neurological symptoms should be absent or returned to baseline.

4. Prior checkpoint inhibitor therapy with anti-PD-1 or anti-PD-L1 in the adjuvant
setting.

a. Exception: Participants with stage 3 or 4 cutaneous melanoma status post-resection
who have received up to one year of adjuvant anti-PD-1 therapy who have recurred > 6
months after their last dose of anti-PD-1 therapy are eligible.

5. Other prior systemic treatment (ie, anticancer chemotherapy, immunotherapy, or
investigational agents) for unresectable or metastatic melanoma EXCEPT:

1. Prior BRAF-targeted therapy (ie, BRAF or BRAF-MEK) in the metastatic setting is
allowed if completed at least 4 weeks prior to the first dose of anti-PD-1.

2. Prior anti-CTLA 4 therapy in the adjuvant setting are allowed if completed at
least 12 weeks prior to the first dose of anti-PD-1.

6. History of active inflammatory bowel disease (eg, active Crohn's disease or ulcerative
colitis) with diarrhea OR major gastrointestinal surgery (not including appendectomy
or cholecystectomy) within 3 months of enrollment (ie, signed informed consent for the
study), OR any history of total colectomy or bariatric surgery (bariatric surgery
which does not disrupt the gastrointestinal lumen, ie, restrictive procedures such as
banding, are permitted).

7. Any diagnosis of autoimmune disease. Participants with Type I diabetes mellitus,
hypothyroidism only requiring hormone replacement, adrenal insufficiency on
replacement dose steroids, skin disorders (such as vitiligo, psoriasis or alopecia)
not requiring systemic treatment, or conditions not expected to recur in the absence
of an external trigger are permitted to enroll.

a. Participants with controlled Type 1 diabetes mellitus on a stable insulin regimen
may be eligible.

8. Has a condition requiring systemic treatment with either corticosteroids (> 10 mg
daily prednisone equivalents) or other immunosuppressive medications within 14 days of
study intervention administration or has a contrast allergy requiring premedication
with corticosteroids. Inhaled or topical steroids, and adrenal replacement doses > 10
mg daily prednisone equivalents are permitted in the absence of active autoimmune
disease.

9. History of idiopathic pulmonary fibrosis, pneumonitis (including drug induced),
organizing pneumonia (ie, bronchiolitis obliterans, cryptogenic organizing pneumonia,
etc.), or evidence of active pneumonitis on screening chest CT scan.

a. History of radiation pneumonitis in the radiation field (fibrosis) is permitted.

10. Has a transplanted organ or has undergone allogeneic bone marrow transplant.

11. Has received a live vaccine within 30 days prior to first dose. Participants must not
receive live, attended influenza vaccine (eg, FluMist) within 30 days prior to Cycle
1, Day 1 or at any time during the study and 100 days after last dose of nivolumab.

12. Has used antibiotics within 30 days prior to randomization or has planned or required
need for antibiotic prophylaxis for more than 24 consecutive hours during the course
of the study.