exoplexs
TRANSCRIPT
PowerPoint Presentation
PI: A/P Giorgia PASTORIN EL: Wei Jiang GOH TM: Shui ZOU Mentor: Dr Ju Wei WONG
EXOPLEXsTailoring Your Transfection Needs
EXOPLEXsAn Nanoparticle System
Drug cargoEnlarged ViewEXOPLEXsSmall MoleculesPeptidesPlasmid
Value Proposition Drug Delivery
Schematic of EXOPLEXs as a Drug Delivery Platform
This is our original idea when we first conceptualize EXOPLEXs2
EXOPLEXsAn Nanoparticle System
Enlarged ViewEXOPLEXsHigh drug loading capacity
Value Proposition Drug Delivery
As a Drug Delivery PlatformValue Proposition 1: High Drug Loading Capacity3
Targeted Drug Delivery
Tumour cellsTumour cells delivered with Anti-cancer Drug CargoIntravenous Injection
Tumour SiteDrug loaded EXOPLEXs
Targeting only Tumour Cells
Reduced Tumour size
Value Proposition Drug Delivery
As a Drug Delivery PlatformHow EXOPLEXs reach the target siteValue Proposition 2: Specific Targeting4
Therapeutics1Cosmeceutical / Dermatological Solutions2Transfection Kit for Difficult-to-transfect cell typesFor Research Use3What we thought5What we brainstorm during LLP
What we thought Market Segments
What we thought: Therapeutics as Original StrategyWhat we brainstormed at the start: Dermatological solutions and a transfection kit for research labs5
Research AssistantsPhDsPost DoctoralResearch FellowsPrinciple InvestigatorsCompaniesIndustry Liaison OfficeInterviews
MedicinePharmacyEngineeringChemistryCommercialInterviews (by field)6
Interviews Total 33
To find our customers, we went to interview various stakeholders6
Most Regulatory OversightLongest route to marketMost Requirement for dataLeast Regulatory OversightShortest route to marketLeast Requirement for data
Transfection Kit for Difficult-to-transfect cell typesFor Research Use
Cosmeceutical / Dermatological SolutionsTherapeutics123Continue in the backgroundNo interest
Beachhead Strategy
What we found Market Segments
We found that:Therapeutics should be still pursued as an over-arching strategy or goal2. No interest in EXOPLEXs as cosmetics3. Interest in EXOPLEXs as a transfection kit, especially for difficult-to transfect cell types
Why no. 3?Its the market segment that has the:Least regulatory oversightShortest route to marketLeast stringent demands for data7
Transfection Kit for Difficult-to-transfect cell typesFor Research Use
Cosmeceutical / Dermatological SolutionsTherapeutics123Continue in the backgroundNo interest
Beachhead Strategy
8Big PharmaTherapeutics CompanyCosmetic Companies
Laboratory End Users
Customers
From B2B to B2C
What we found Customers
Also the type of customers were very different for each market segmentOur original customers were the big pharma, but when we decided on pursuing the transfection kit strategy, our customers became the lab end users or those working in the research lab.8
EXOPLEXs
Genetic MaterialEnlarged ViewEXOPLEXsPlasmidsiRNAshRNA
Beachhead StrategyTransfecting Difficult-to-Transfect Cells
So what is this transfection kit for difficult-to-transfect cells all about?
Here, we describe how EXOPLEXs can be reformulated to transfer plasmids, or genetic material into cells.
9
EXOPLEXs
Genetic MaterialEnlarged ViewEXOPLEXs
Beachhead StrategyTransfecting Difficult-to-Transfect Cells
11
Single StepTransfection
Target cells(Eg. Fat cells, Blood Cells, Skin cells, Stem Cells)Cells expressing GFPEXOPLEXsWith plasmid
Transfecting Difficult-to-Transfect Cells
Beachhead StrategyTransfecting Difficult-to-Transfect Cells
* GFP: Green Fluorescent Protein
The Plasmid loaded EXOPLEXs enter the cells, instruct the cell machinery to produce more (or less) of a particular protein. In this case, we use Green Fluorescent Protein, hence the green fluorescence observed.11
12CAGR 7.1% from 2009 to 2016
What we found Market Sizing$183.6 MillionTransfection Reagents MarketTransfection Research Market
$30 Billion
Drug Delivery Market
$348 Million
1. Frost & Sullivan, 2010, Global Transfection Markets.2. Frost & Sullivan, 2016, Nanotechnology for Effective Drug Delivery
Is there a market for this?
We found that the overall market is growing at an increasing rate, a CAGR of 7%.
The Transfection Market (or target market) is $183 million, and the overall transfection research market is forecasted to be $348 million globally. In order to reach the huge Drug Delivery Market, we plan to start with our beachhead strategy, the transfection reagents market first.12
13Ease of UseEfficacy*size of circle: Cost EffectivenessEXOPLEXsLipofectamineEffectenePEIElectroporation
Combination of methods
Viral deliveryTransfection Research
What we found Competitive Landscape
Are we alone?Clearly no. But we do believe we have a competitive edge.
Here we constructed a 2x2 figure using transfection efficacy and ease of use as the main parameters. We found found our research that ease of use is one of the main reasons researchers look for. Our third parameter, depicted by the size of the circle, is cost-effectiveness.
This is where EXOPLEXs lie, the orange circle.13
14EXOPLEXs
Sales(Transfection Kit)Licensing
What we thoughtWhat we foundLicensing
EXOPLEXs
Lab End Users
Research Kit CompaniesResearch Kit Companies
What we found Business Model
Also, we learned that our business model may not necessarily be static.We started with the premise of doing licensing at first.
Then in the course of our interviews, we found the we can explore direct sales of the kit by ourselves.
14
15
What we found Channels
Direct SalesDistributorshipsTimeCollaborationsEfficacy Data, PublicationsProduct SupportSmall scale manufactureBespoke servicesOEMSales force
So how do we plan to reach our customers?To target the innovators we plan to show them the efficacy data, and collaborate together to generate publications, as well as providing product support.Adding on would be the early adoptors, where we plan to sell in small scales directly to the labs as well as providing customized transfection services.To target the early majority and the rest, we hope to obtain a larger scale manufacturing, as well as a sales forces to push the product to the customers.15
Targeting & Minimal collateral damageImproved cell deliveryBiocompatibleAvert patent cliffUniversitiesPharma companiesTherapeutic companiesDrug Delivery companiesCosmetic companies
Production of:Efficacy dataSafety dataIntellectual propertyTrained laboratory usersRaw materialsEquipmentUniversitiesGovernment (Grants)In-house development of single chemotherapeuticIn-house development of EXOPLEXs as transfection agentIn-house development of EXOPLEXs as a cosmetic agentLicencing for other usesValue driven:R & D costsTrained personnel costsRaw materialsPatent developmentOutreach via publications, workshops and conferencesContinuous feedback with interested parties to fine tune EXOPLEXs platform to their use
Single sided niche market
B2B model
When we first started Business Model Canvas
This is our BMC when we first started.As you can see, we tried to target almost everyone except the lab end users. So this is a case showing what we have in mind may not always be true in the real world.16
Key PartnersKey ActivitiesValue PropositionKey ResourcesCustomer RelationshipsChannelsCustomer SegmentsCost StructureRevenue Streams
PublicationsEfficacy dataComparison data
Transfecting Difficult-to-Transfect cellsImproved user experienceIncreased research efficiency
Co-development/ collaboration with innovators & early adoptersDirectAcademic and research labs focusing tissue labsPrimary cell linesSkin, fat, neurons, stem cells
Intellectual PropertyTrained lab personnelKeep costs down, asset light by staying affiliated to NUSCurrently exploring other revenue streams, ie direct sales and co-development with other companies.
After 10 weeks Business Model Canvas
And after 10 weeks, this is our BMC.Our Value Proposition is to transfect better difficult to transfect cells, as well as providing a better user experience.We plan to do it directly to the customers, and this is our lab end users. These include those in tissue and cell labs, such as the Pis, post docs, Phds.We Plan to keep our costs low and stay assets light, by staying affiliated to NUS.We also intend to explore our revenue streams beside direct sales such as co-development with other companies, as well as keeping the option of licensing should such opportunities arises. Therefore it is extremely important that we keep our customer relationships with the lab users open and on-going, through active collaborations and co-development.
17
18Transfecting difficult to transfect CellsDrug DeliveryClinical ApplicationsGene TherapyPeptide-based DeliverySmall Molecule DeliveryBeachhead StrategyRevenue Generation Direct salesLicensingDistributorshipsLong Term StrategyRevenue Generation Licensing Co-development2016: $183.6 Million12020: $30 Billion1. Frost & Sullivan, 2010, Global Transfection Markets.2. Frost & Sullivan, 2016, Nanotechnology for Effective Drug Delivery
Time (Years)Difficulty
Roadmap for the Future
This is our roadmap for the future.Our beachhead strategy is coming up with a kit for the difficult-to-transfect cells market.Long term, we plan to enter the drug delivery market, where there are several applications possible. Why drug delivery? Because while our beach head strategy has a market size of $183 million, the drug delivery market is estimated to be a huge $30 billion.18
19
What we have nowWhat we will do nextProvisional PatentEfficacy dataMore R & D for MVPPublicationsFind potential Collaborators (Labs)Applications for Grants (POC)
Next Steps
What's next?Currently, we have a provisional patent and some preliminary data.
What we will do next is More R & D for a MVP to beta test on our next door labPublish publish publishFind potential collaboratorsApply for more grants19
20Wei Jiang GOH
Principle Investigator
Department of PharmacyEntrepreneurial LeadPhD-MBA StudentDepartment of PharmacyTeam MemberPhD StudentDepartment of PharmacyA/P Giorgia PASTORINShui ZOU
The TeamTeam Mentor
Dr Ju Wei Wong
This is our team20
21Thank You
EXOPLEXs
Thank you21
EXOPLEXsStrategyTransfection KitDifficult-to-transfect cellsDrug delivery platformSmall moleculesPeptidesGenetic materialSmall Scale ManufacturingLicensingLicensingCo-DevelopmentDirect SalesSales & DistributorshipResearch Lab End UsersResearch Reagent CompaniesGenerics CompaniesDelivery to difficult to reach cellsNeurodegenerative diseasesDiabetesPartnership with emerging biotech companiesPotential NDAsSearch for off-patent drug for averting patent cliffPharma CompaniesBiotech CompaniesStrategyRevenue ModelCustomer*Beachhead strategy2020: $30 Billion2016: $183.6 Million*Frost & Sullivan
Supplementary slide22