strategic drug repositioning exploit opportunities and accelerate r&d by re-profiling your drugs...
TRANSCRIPT
• Strategic Drug Repositioning
Exploit Opportunities and Accelerate R&D by Re-profiling Your Drugs
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[email protected]+1 917 653-0470
William J. Garner, MD MPHManaging Director
Founded EGB Advisors in ’00 to “Drug Hunt”
Author, Garnering Capital (Amazon & Kindle)•Roche/Wall Street•Founder of 4 repositioning companies, 3 public
– Arbitrage over time and geography– ~$15M over three years to a new NDA
•Histopathology, Columbia-Presbyterian/Master of Public Health, Harvard
Overview
• The Promise of Drug Repositioning • What makes a repositioned drug successful? • How are we to overcome the barriers to succeed? • Who has helped to make improvements in the field? • What does the future hold?
Introduction
The costs associated with product development have increased dramatically while venture capital investment from ‘00 to ‘12 for early stage technologies has been limited.
Identifying key issues related to successful financing, commercialization, or partnering requires careful analysis and strategic planning.
What makes a repositioned drug successful?
Technology Assessment–Unmet Medical Need Addressed–Reimbursement–Plan and execute Proof-of-Concept, and next-step studies, to increase value
How are we to overcome the barriers to succeed?
–IP creation/analysis• Pre-clinical, pre-formulation studies
–Regulatory strategies
Our Experiences Repositioning Drugs
• Oncology – DelMar Pharma (DMPI) & Update Pharma, Inc.– Each >40 clinical trials and an Ex-US
approval
• Urology – Urigen (URGP)– Procedure Code & Phase 2 Data Driven
• Pulmonology – Invion (ASX:IVX) formerly Inverseon
Who has helped to make improvements in the field?
– GSK• Carvedilol• To this day, titration packs provide market exclusivity in
some markets• Billions in new sales
- Celgene
– Academics• Elmiron for Interstitial Cystitis, $200M per year