John Nobile
Tangen Biosciences is an early stage diagnostic instrument company that has developed a group of novel technologies that together enable rapid, portable, lab-free, and very low cost molecular diagnostics at the point of care.
The Tangen platform will amplify and detect specific nucleic acid sequences obtained from a variety of source samples, including clinical specimens such as blood, tissue and sputum, as well as environmental samples obtained from water, soil or food, for example. The first application of the Tangen platform is the detection and diagnosis of Tuberculosis using DNA extracted from sputum samples, using the Tangen Sputum Processing assay kit
Tangen Biosciences
President and CEODaniel O'Connell
Acumen Pharmaceuticals, Inc.
Direct to Brain Soluble Aβ Oligomer Selective Immunotherapy
First/Best in Class Therapy for Alzheimer’s Disease
Right Target - Right Patients - Right Delivery. ACU-193 is Acumen’s monoclonal antibody drug candidate that targets soluble amyloid-beta oligomers (sAβo) with high affinity and selectivity. Acumen is developing ACU-193 for direct intrathecal delivery to the brain via a device collaboration designed to increase the probability of early clinical success and enhance long term commercial potential.
The Only Alzheimer’s Immunotherapy Specifically Targeting Toxic sAβo Using Direct Brain Delivery. ACU-193 is a late-preclinical, fully humanized monoclonal antibody that selectively targets sAβo, the primary pathologic agent in Alzheimer’s. Composition of matter and use patents for ACU-193 run through 2030; and further IP protection is available.
Acumen is establishing an exclusive collaboration for access to FDA/CE approved chronic infusion pump systems for direct to brain drug delivery. ACU-193 and direct brain delivery positions the program as a scientifically and clinically differentiated approach to Alzheimer’s with attractive long-term commercial and therapeutic potential.
Program Profile & Positioning
Indication: |
Early Alzheimer’s dementia (Mild AD, aMCI) |
Therapy: |
Symptomatic + Disease Modifying |
Drug: |
ACU-193 |
Delivery Route: |
Intrathecal, Direct to Brain |
Device: |
FDA/CE Approved Implantable Infusion Pump and Intrathecal Catheter |
Refill Rate: |
Every 14-21 Days |
Duration: |
Life-Long (Chronic Delivery) |
Expected Effects: |
Improved Memory Decreased Soluble Aβ Toxicity Slow Disease Progression (Aβ and tau) |
Stage of Development: |
Pre-clinical – IND Enabling |
Development: |
ACU-193 is poised to reach clinical proof-of-concept (Phase 1b) with short (26 week) clinical studies based on improvements on memory and cognitive measures. |
Scientific Background & Program History. SAβo are widely recognized as the primary neurotoxins responsible for the acute cognitive deficits and progressive neurodegeneration in Alzheimer’s disease. SAβo are non-fibrillic assemblies of Aβ peptides, and are distinct from protofibrils, fibrillar Aβ, and β-amyloid plaques. Brain levels of sAβo are 3-8 orders of magnitude lower than levels of β-amyloid plaques or monomeric Aβ. They are elevated in the Alzheimer’s brain, and studies suggest a correlation between levels of sAβo and cognitive deficits in Alzheimer’s. SAβo bind with high affinity to mature synapses, most likely to a small number of highly selective neuronal receptors. Binding to these receptors interferes with normal neuronal function leading to memory loss and neurodegeneration. Because sAβo are present at concentrations that are 3-8 orders of magnitude lower than non-toxic monomeric and fibrillar Aβ, they are an optimal immunotherapeutic target. However, because only approximately 0.1-0.2% of peripherally administered antibodies cross the blood-brain-barrier and reach the brain, brain exposure of peripherally administered antibodies may limit their therapeutic efficacy. Acumen is pursuing intrathecal delivery of ACU-193 to ensure therapeutic levels of the drug candidate reach the brain and achieve effects.
Effects of sAβo.
Inhibition of long-term potentiation |
Tau missorting in cell bodies and dendrites |
Disappearance of dendritic spines |
Tau hypo-phosphorylation |
Elevation of intracellular calcium |
Increased Tau targeting kinases |
Increased cytosolic calcium |
Decreased microtubules |
Increased missorted neurofilaments |
Decreased mitochondria density |
Acumen pioneered research on sAβo. The company’s anti-sAβo antibody program was licensed to Merck & Co. in 2003 for significant upfront and milestone payments. ACU-193 is a third generation product of the ~8 year/~$70M partnership with Merck. Merck advanced the program to a late preclinical development stage. In November 2011, as part of Merck’s restructuring following its merger with Schering Plough, Acumen reacquired all rights to the program including ACU-193, backup molecules, and substantial IP with no financial or take-back rights obligations to Merck.
ACU-193 Details.
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Humanized, affinity-matured, IgG2 monoclonal antibody with uniquely high selectivity for sAβo.
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Prevents binding of sAβo to neurons and sAβo toxic effects at synapses.
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Brain penetration, target engagement and robust biochemical and behavioral efficacy demonstrated in mouse models of Alzheimer’s.
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Excellent pharmacokinetics, bio-distribution and brain penetration demonstrated in 4 animal species.
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Excellent safety profile in exploratory studies in rhesus monkeys.
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GMP production cell lines and the necessary analytics established.
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Drug delivery collaboration with Medtronic for direct brain delivery.
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Companion diagnostic biomarker assay established.
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Composition of matter and use patent protection through 2030.
Acumen Pharmaceuticals
Senior Business and Corporate AdviserMr David Olson
IMS Health Capital (IMSHC) is a niche life-science focused investment bank which manages financing transactions, and advises on M&A and licensing/partnering transactions.
IMS Health Capital (IMSHC) is a fully owned subsidiary of IMS Health, Inc. (www.imshealth.com) and affiliated with IMS Consulting Group (www.imscg.com).
IMSHC has privileged access to a vast array of IMS Health’s resources and connections and can help prepare a compelling value proposition and put you in touch with the right interested parties. Our team has extensive life-science industry experience and can provide support at any and all stages of the transaction process. Unlike most investment banks or business development consultants, IMSHC has immense strategic partnering capabilities and can work with companies on both partnering and financing efforts. Given our unique positioning and access to a vast array of information and relationships, we see a high volume of opportunities.
IMSHC is a SEC/FINRA licensed broker dealer and a wholly owned subsidiary of IMS Health, Inc. IMS Health Inc. is publicly traded on the NYSE under the ticker “IMS”, and is the world’s leading information, services and technology company in the Life Sciences sector. Customers of IMS Health’s data and consulting services include most of the top names in pharmaceutical, medical device and consumer health manufacturers and distributors, providers, payers, government agencies, policymakers, researchers and the financial community (www.imshealth.com).
Nandan Padukone
Joslin Diabetes Center is a foundation based in Boston, Massachusetts that was founded in 1898, and is the world's largest diabetes and clinical care organization.
Joslin Diabetes Center
Vice President, Office of Commercialization & VenturesFilippo Petralia
IMS Health Capital (IMSHC) is a niche life-science focused investment bank which manages financing transactions, and advises on M&A and licensing/partnering transactions.
IMS Health Capital (IMSHC) is a fully owned subsidiary of IMS Health, Inc. (www.imshealth.com) and affiliated with IMS Consulting Group (www.imscg.com).
IMSHC has privileged access to a vast array of IMS Health’s resources and connections and can help prepare a compelling value proposition and put you in touch with the right interested parties. Our team has extensive life-science industry experience and can provide support at any and all stages of the transaction process. Unlike most investment banks or business development consultants, IMSHC has immense strategic partnering capabilities and can work with companies on both partnering and financing efforts. Given our unique positioning and access to a vast array of information and relationships, we see a high volume of opportunities.
IMSHC is a SEC/FINRA licensed broker dealer and a wholly owned subsidiary of IMS Health, Inc. IMS Health Inc. is publicly traded on the NYSE under the ticker “IMS”, and is the world’s leading information, services and technology company in the Life Sciences sector. Customers of IMS Health’s data and consulting services include most of the top names in pharmaceutical, medical device and consumer health manufacturers and distributors, providers, payers, government agencies, policymakers, researchers and the financial community (www.imshealth.com).
IMS Health Capital, Inc.
AssociateSergei Petukhov
Enso Ventures is a Venture Capital firm that was founded in 2010 and based in London with an additional office in New York. The firm is looking to provide equity capital to high growth companies in the life science space. The firm is currently interested in companies located in Europe, Russia and the US and is looking to make approximately 2-3 investments over the next 6-9 months.
Enso Ventures
PartnerVinzenz Ploerer
Brace Pharmaceuticals is based in Rockville, MD, and is a strategic investment company formed by Brazil-based pharma company EMS S/A. Brace investment structure varies depending on a company’s development stage; for early-stage opportunities Brace typically makes equity investments and may syndicate with other investors, whereas for clinical-stage opportunities Brace is more likely to form strategic partnerships that involve rights to an asset. Brace is open to considering therapeutic opportunities globally, but only if the company is pursuing the US market.
Brace Pharmaceuticals invests in therapeutics; about 80% of the firm’s investments are in clinical-stage assets, with a preference for companies with some human proof-of-concept data; the remaining 20% of investments are made in preclinical opportunities. Drug-device combinations will also be considered, but Brace does not invest in diagnostics. The firm will invest in both small and large molecules, and has a strong preference for investing in orphan drugs and other niche disease areas. It is preferred that indications have validated clinical endpoints and can be studied using small trials. Indications that require large clinical trials, including as cardiovascular diseases and primary care indications (such as influenza) will not be considered.
Brace Pharmaceuticals
President & CEOHjalmar Pompe van Meerdervoort
VisionScope Technologies (VSI) is an early stage medical device company utilizing state of the art video hardware, micro-optics (1.4mm) and advanced computational software to bring arthroscopic imaging to the surgeon’s office. The company’s VisionScope Imaging (VSI) system brings gold standard accuracy into the clinic, providing surgeons with direct visualization of patients’ joint space – views that could previously only be achieved in the operating room – providing better outcomes at a lower cost to both MRI and OR based diagnostics.
Benefits of VSI:
· High definition quality of a VSI diagnostic can eliminate the need for a MRI and rule out OR based diagnostic surgery
· More detailed and accurate than a MRI for joint conditions
· Significantly reduces the cost of care for individuals and overall healthcare systems
· Patient centric exam – the patient participates in treatment discussion
VisionScope Technologies
CEOStephen Porter
Advances in synthetic chemistry and drug screening techniques have flooded the pharmaceutical industry with potential new drugs. At the same time, industry consolidation and financial pressures on R&D budgets have reduced the ability of biotech and pharmaceutical companies to develop early stage drugs. As a result of these market forces, large pharmaceutical companies have restricted their drug development activities to "blockbuster" drugs ($1 billion revenues) with proven efficacy. Promising early-stage drugs developed in emerging biotech and pharmaceutical companies, and university research laboratories are being shelved.
VDDI Pharmaceuticals has been formed to capitalize on these opportunities. The Company will license attractive product development opportunities from academic institutions, biotech firms and pharmaceutical companies. VDDI Pharmaceuticals will focus on pharmaceutical product opportunities where general proof-of-principle has already been established in pre-clinical or human testing, and where the products are novel and offer significant potential advantages to products currently in the market or in development. VDDI Pharmaceuticals will pursue early-stage products qualifying for fast track approval, primarily in the areas of cancer, cardiovascular disease and infectious disease and develop the products through Phase II of the required regulatory approval processes. The developed products will be licensed to existing pharmaceutical companies for product marketing, thereby generating license fees and ongoing royalties for VDDI Pharmaceuticals.
As its name suggests, VDDI Pharmaceuticals utilizes a virtual business model. Virtual drug development entails: (i) a small core group of employees responsible for strategic management, regulatory strategy, and financial control, (ii) outsourcing all non-core business functions, including preclinical and clinical drug development, and (iii) electronic data capture and data submission to regulatory authorities. By adopting this model, VDDI Pharmaceuticals believes it can reduce total drug development program costs by at least 25% and development times by up to 50%.
VDDI Pharmaceuticals
President, CEOSofie Qiao
WuXi Venture Fund is the corporate venture arm of WuXi AppTec, a multinational CRO based in Shanghai China with multiple offices across China and the United States. The fund makes equity investments into technology and life science companies to enhance or leverage WuXi AppTec's platform capabilities. The investment size will be varied based on a case-by-case basis. The firm invests in life science companies across the globe with an emphasis in China and the US.