ourotech investor deck feb 2017
TRANSCRIPT
OurotechCancer treatment with certainty
Here’s how breast cancer is being fought today
1st line treatment Herceptin combination
2nd line treatmentT-DM1
3rd line treatmentXeloda
4th line treatmentHormone therapy
Example: HER2+ Breast Cancer
Drug Resistance:Every cancer has a different weakness
The Problem
Multiple drugs target the same cancer subtype but they don’t work on all patients
Tumors can be resistant due to:- Genetic resistance/mutation- Tumor microenvironment- Interaction with other cancer cells- Interaction with healthy cells
Take the guess work out of cancer treatment
The SolutionObtain patient tumor sample from biopsy
Grow tumors in 96 well plate using proprietary hydrogel
Test the effectiveness of drugs and combination treatments
Calculate necessary human dosage from test results
Treat the patient
Obtain patient tumor sample from
biopsy
Grow tumors in 96 well plate using proprietary
hydrogel
Test the effectiveness of drugs and
combination treatments
Calculate necessary human dosage from
test results
Treat the patient
Proof of Concept: IC50
Drug Tested: Doxorubicin
Human IC50: 702nM Ourotech IC50: 600~650nM Alginate IC50: 200nM
IC50: industry standard measure of drug resistanceOurotech can predict this better than the competition
Core Technology
Genesis
Hydrogel that mimics conditions inside patients’ bodies for Stage 3 and 4 breast, colon, and brain cancers
Allows doctors to culture patient tumors outside the body, create 3D tumor models and test drug resistance on patient derived tumors
Market
$500/patient $500M/year
Team
Duleeka Ranatunga, CEO Prof Jonathan Blay Prof Shirley Tang William Lin, Head of R&D
Christina Ryu, Business DevelopmentAli Nikdel, R&DMichael Kim, Head of Finance
Funding Roadmap
Strategic partnership with hospitals for preclinical trials
Strategic partnership with big
pharma client for clinical trials and
distribution
Start generating revenue by
pharmaceutical drug testing services
Optimize product based on drug testing and preclinical results
Seed Series A
Funding and Milestones
Ask: $1.5M Runway: 18 months
Milestones
Finish preclinical trials IRB and begin FDA 510K clearance process
Generate revenues from pharma clients
Develop new prototypes and IP
Traction
2 patents pending 2 academic pilots 2 pharma pilots, sales to start May 2017
1 Pre Clinical Trial In Progress
Partnership for marketing
2 Year Product Development Roadmap
Develop more humanized hydrogels
Integrate hydrogels with microfluidics and bioreactors
Use big data for better drug dosage prediction
Train machine learning algorithms to predict drug resistance
Test immuno- therapies