20/20 Genesystems United States

20/20 GeneSystems is a revenue stage diagnostics company that markets a blood test for the early detection of lung cancer.  Several marketing partnerships entered in late 2014 should permit a nationwide expansion in 2015.  A JV with a multi-billion dollar Chinese company is expected to lead to commercialization of the lung cancer test in China in the near term.   20/20 also is developing companion tests to targeted cancer therapies.   

In 2014 we raised $1.2 million from our existing shareholders and members of the Keiretsu Forum, the nation's largest network of Angel investors.   A Term Sheet and Due Diligence package has been prepared by Keiretsu Forum members with expertise in healthcare investing and molecular diagnostics.  

Biotech Phase of Development
Technology Overview
Multiplex immunoassays (tumor antigens and autoantibodies)
Alliance & Collaborations
Marketing and technology agreements with leading diagnostics companies
Supporting Metrics or Evidence
Extensive case-control studies (multi-center)
Current Financing Needs
$4 million round ($650,000 closed since November)
Current Timeline
on the market
Current Investors
Keiretsu Forum (largest Angel network in U.S.)
IP Status
issued patents and pending applications (worldwide)
Recent Milestones
Various lab send out agreements
Management Team Highlights
Veterans of leading diagnostics companies such as Ventana, Qiagen, and Celera
Jonathan Cohen
CEO 

5AM Ventures United States

5AM Ventures is an early-stage venture capital firm focused on building next-generation life science companies. The firm has offices in Menlo Park, CA and Waltham, MA. Formed by successful industry executives and experienced venture capitalists, the 5AM team takes a focused, hands-on approach to company building.  In addition to leading investments and contributing as board members of its portfolio companies, 5AM is directly involved in company strategy, management recruiting, business development and fundraising and often takes on short-term operating roles.

The 5AM portfolio, built on advanced life science technologies, is diversified by two key categories: sector & type.  In the sector category, companies are diversified by innovative platform technologies, corporate spin-offs, and products with shorter development cycles.  In the type category, companies are diversified by product discovery, drug development, and medical technologies.

Year Founded
2002
Investor Type
Dr Hannah Chang
Dr Hannah Chang
Associate 
BIO

Harvard-trained physician scientist. Member of earlystage, life sciences venture capital firm (5AM Ventures). Based in Menlo Park.

Acumen Pharmaceuticals United States

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.  

  • Humanized, affinity-matured, IgG2 monoclonal antibody with uniquely high selectivity for sAβo.

  • Prevents binding of sAβo to neurons and sAβo toxic effects at synapses.

  • Brain penetration, target engagement and robust biochemical and behavioral efficacy demonstrated in mouse models of Alzheimer’s.

  • Excellent pharmacokinetics, bio-distribution and brain penetration demonstrated in 4 animal species.

  • Excellent safety profile in exploratory studies in rhesus monkeys.

  • GMP production cell lines and the necessary analytics established.

  • Drug delivery collaboration with Medtronic for direct brain delivery.

  • Companion diagnostic biomarker assay established.

  • Composition of matter and use patent protection through 2030.

Year Founded
1996
Biotech Subsector
Biotech Phase of Development
Technology Overview

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.  

  • Humanized, affinity-matured, IgG2 monoclonal antibody with uniquely high selectivity for sAβo.

  • Prevents binding of sAβo to neurons and sAβo toxic effects at synapses.

  • Brain penetration, target engagement and robust biochemical and behavioral efficacy demonstrated in mouse models of Alzheimer’s.

  • Excellent pharmacokinetics, bio-distribution and brain penetration demonstrated in 4 animal species.

  • Excellent safety profile in exploratory studies in rhesus monkeys.

  • GMP production cell lines and the necessary analytics established.

  • Drug delivery collaboration with Medtronic for direct brain delivery.

  • Companion diagnostic biomarker assay established.

  • Composition of matter and use patent protection through 2030.

Current Financing Needs

Investment of $8M brings ACU-193 to IND in ~18 months; incremental investment of $22M brings ACU-193 through clinical proof of concept in Alzheimer’s by 2018.

Acumen seeks potential partners and investors to accelerate development of ACU-193 and an associated companion diagnostic for Alzheimer’s.

Current Timeline

18 months to IND, 20 months to completion of Phase 1A/B clinical trials; 24 months to completion of Phase 2A Proof-of-Concept clinial trails.  ACU-193 is expected to deliver acute behavioral benefits and chronic disease modification benefits:

  • ACU-193 is expected to show behavior benefits within 3 months

  • POC for acute clinical benefits via Aricept/Memantine like clinical trials

Current Investors

Investors.

  • Biotechnology Value Fund

  • NeuroVentures Fund

  • Individuals

IP Status

Composition of matter and use patents for ACU-193 and backup antibodies run through 2030; and further IP protection is available.

Recent Milestones

Acumen’s soluble Aβ oligomer selective antibody shows more robust behavioral and biochemical efficacy in transgenic mouse models of Alzheimer’s disease than that reported for any Aβ immunotherapy in clinical testing.

Management Team Highlights

William Goure
COO 
Daniel O'Connell
Senior Business and Corporate Adviser 

Addario Lung Cancer Medical Institute United States

The Addario Lung Cancer Medical Institute (ALCMI), founded in 2008 as a 501c(3) non-profit organization, is a patient-centric, international research consortium driving research otherwise not possible, evidenced by ALCMI's current clinical studies CASTLE, INHERIT EGFR T790M, Genomics of Young Lung Cancer and others. ALCMI overcomes barriers to collaboration via a world-class team of investigators from 21+ institutions in the U.S., France, Italy, Spain and U.K., supported by dedicated research infrastructures such as centralized project management, tissue banks and data systems. ALCMI directly facilitates research by combining scientific expertise found at leading academic institutions with patient access through our network of community cancer centers – accelerating novel research advancements to lung cancer patients. 

Mr Steven Young
Mr Steven Young
LinkedIn logo President & COO 
BIO

Steven W. Young serves as the President & Chief Operating Officer of the Addario Lung Cancer Medical Institute, a patient-founded/-focused non-profit research consortium directly linking more than 20 academic and community centers via shared infrastructures (biorepository, data system) and centrally managed intramural translational projects in the United States, France, Italy and Spain.  After transitioning from the clinical research information technology industry, Mr. Young had played a central role in the development and evolution of the Multiple Myeloma Research Consortium as its Executive Director from 2003 through 2008.  Earlier still, he served as Director of the National Institutes of Health-funded General Clinical Research Center at Mount Sinai School of Medicine and the Pediatric Clinical Research Center at Cornell University College of Medicine, both in New York City.  Mr. Young resides in Weston, Connecticut with his wife and two sons.

AdvaMed United States

The Advanced Medical Technology Association (AdvaMed), is a trade association that leads the effort to advance medical technology in order to achieve healthier lives and healthier economies around the world. AdvaMed represents 80 percent of medical technology firms in the United States and acts as the common voice for companies producing medical devices, diagnostic products and health information systems. AdvaMed members produce nearly 90 percent of the health care technology purchased annually in the United States and more than 40 percent purchased annually around the world. AdvaMed's member companies range from the largest to the smallest medical technology innovators and companies.

AdvaMed 2015 - October 5-7, San Diego - is the leading MedTech Conference in North America, bringing more than 1,000 companies together in a uniquely multifaceted environment for business development, capital formation, innovative technology showcasing, world-class educational opportunities and networking. An event rich in international flavor and featuring a deep, diverse attendee list that includes influential policy-makers, business executives and media, AdvaMed 2015 seeks to advance industry discussion from key perspectives through detailed panel sessions, executive forums and more. It is a “must-attend” event for any MedTech company.

Service Provider Type
Sector Interest
Medtech Phase of Development
Unique Capabilities

AdvaMed 2015 is the place where medical technology leaders meet for business development and investment opportunities.  Emerging medical technology companies connect with top industry decision-makers at AdvaMed 2015 to explore strategic business development and capital formation.

Corporate business development professionals and investors will:

  • Discover the latest medical technologies and innovations during the Innovation Showcase and the MedTech Innovator competition;
  • Gain insights into the key investment issues and industry trends during the Funding Forums and Business Development & Finance Panels.

Innovators and early-stage companies will:

  • Learn how to develop an actionable strategic plan in the Entrepreneurship Boot Camp;
  • Pitch their technologies to investors during the Innovations Showcase and explore strategic business development opportunities through MedTech Partnering.
Patrick Brennan
Ray Briscuso
Ashley McMaster
Associate Vice President, Membership and Business Development 
Ashley (Wallin) Wittorf
Executive Director, Emerging Growth Company Council 

Advax United States

AdVax is an inter/multi-disciplinary team of individuals who have developed major paradigm-shifting science, research, technology and new clinical data sets demonstrating previously unidentified bacterial infections are able to translocate to the brain and be linked to the induction of Alzheimer’s disease.

We have developed novel and proprietary real time molecular diagnostics to identify these non-culturable bacteria and then apply novel immune refocusing technologies to create both monoclonal antibodies that could be used in treatments and a first of its kind vaccine for the prevention of both cardiovascular and Alzheimer’s disease.

Our program is well on its way to identifying the major disease-inducing bacteria, which are then ready to be put into the immune refocusing technology for the derivation of human monoclonal antibodies and vaccines.

Dr Daniel Sindelar
Dr Daniel Sindelar
LinkedIn logo CEO 
BIO

Daniel L. Sindelar DMD attended business school at Saint Louis University and earned a dental degree at Washington University School of Dental Medicine in 1981. He is a practicing dentist and expert in oral systemic health. He is a co-founder and recent president of the American Academy for Oral Systemic Health (AAOSH). He has earned preceptorship certification by participating with cardiologists in the prevention of heart attack, stroke, and diabetes. He is the founder and director of Oral Genomics, LLC. A passionate advocate of oral-systemic health, he has developed online video educational systems for healthcare professionals.

Dr. Sindelar has been an instructor in the field of laser dentistry. He is the author of Refresh Life, a book on the importance of oral health on overall health and well-being and has been interviewed by local and national radio shows and print news outlets. He has written for various dental publications, lectured at major healthcare conferences, and has been featured in several cover stories in Dental Economics.

Allurion Technologies United States

Allurion Technologies was founded in 2009 to develop an intragastric balloon for weight loss that can be administered without surgery, endoscopy, or anesthesia. Obesity is a worldwide epidemic, yet only 2% of patients who qualify for bariatric surgery go on to be treated. Several endoscopic weight loss techniques are under development for the overweight and obese population, but they are restricted to the gastroenterologist call point and more expensive due to the costs associated with endoscopy and anesthesia.

Allurion's Elipse intragastric balloon is swallowed and excreted and can be delivered without endoscopy or anesthesia, thereby making it accessible to non-endoscopists and to consumers at a lower price point.

Allurion is currently a clinical-stage company seeking funds for further clinical work and OUS commercialization.

Year Founded
2009
Main Sector
Medtech Subsector
Medtech Phase of Development
Technology Overview
Swallowed and excreted intragastric balloon that resides in the stomach for several months before self-emptying and passing through the GI tract.
IP Status
Three US patents allowed. 5 US patents pending. 15+ WW patents pending.
Shantanu Gaur

Altravax United States

Altravax is a privately held biopharmaceutical company focused on developing first-in-class biological products to fight infectious diseases or treat other indications. The Company has a robust pipeline of candidates at various preclinical stages of development including a therapeutic vaccine against chronic hepatitis B infection. Altravax seeks investment opportunities to develop these lead candidates for clinical testing.

Website:
www.altravax.com
Year Founded
2009
Biotech Subsector
Biotech Phase of Development
Technology Overview
: Altravax’s proprietary Immunogen Optimization System™ (IOS) offers unique opportunities to create many types of novel biopharmaceutical product candidates with significantly improved safety, efficacy, manufacturability, stability, and toxicity for preclinical evaluation in a cost-effective manner.
Supporting Metrics or Evidence
A novel therapeutic hepatitis B vaccine containing improved antigen sequences has shown the abilities to induce superior antigen-specific B-cell and T-cell immune responses in animal experiments. The vaccine could potentially break immune tolerance, restore T-cell exhaustion, and have a significant therapeutic impact in chronic hepatitis B patients
Current Timeline
24-30 months to IND and 4 years to human POC with sufficient funding in place.
Current Investors
Arthur Ventures & an angel investor
IP Status
US and PCT filed.
Dr Sean Du
Co-Founder, Chief Operator Officer 

Amorphex Therapeutics United States

Amorphex Therapeutics is an early clinical stage company that was founded to develop products for sustained ophthalmic drug delivery using patented TODDD™ technology. Topical ophthalmic pharmaceuticals are a $5+Billion market, but inaccurate and inefficient delivery systems, poor compliance and excessive side effects undermine their clinical benefits and true sales potential. TODDD™ is a soft, non-invasive device that is completely concealed under the eyelid and continuously delivers therapeutic levels of drug 24/7 over several months. While TODDD™ is soft and flexible, unlike soft contact lenses, it doesn’t contain appreciable water and avoids the surface drying and resulting deposits that irritate and deter many contact lens wearers. In recognition of the potential benefits and their developmental progress, the company’s founders have been awarded three National Institutes of Health (NIH-SBIR) grants for the TODDD™ technology totaling $2.5 million.

TODDD™ has issued patents in major markets and has been successfully tested in safety studies, animal trials with drugs and without drug in humans.

Amorphex is seeking to fund small, 30 - 40 subject, human clinical trials of TODDD™ delivering timolol, prostaglandin and both drugs simultaneously. This funding will also support pre-clinical development of TODDD™ for ocular allergy and inflammation applications.  These milestones will drive dramatic increases in valuation and corporate partner interest.

Year Founded
2010
Main Sector
Biotech Subsector
Medtech Subsector
Biotech Phase of Development
Medtech Phase of Development
Supporting Metrics or Evidence
Successful safety studies, animal trials and human proof of concept studies.
Current Financing Needs
$1.1M to regulatory milestone, $2.1M to clinical milestone, $4.6+ M to complete plan
IP Status
Patents issued in US, Europe, Japan and Canada
Mr Robert Thompson
CEO 
Mr Charles Leahy
VP of Clinical Affairs 

Antibody Solutions United States

Antibody Solutions is a premier developer of therapeutic, diagnostic and critical reagent antibodies. Our platforms include human antibodies from transgenic OmniRats™, Hybridoma Libraries™, and high-throughput flow-cytometry screening of cell-associated targets. We provide full technical support and project management with all services performed in the USA. 

Website:
www.antibody.com
Year Founded
1995
Service Provider Type
Medtech Subsector
Biotech Phase of Development
Unique Capabilities

Human Ab producing OmniRats™ 

Hybridoma Libraries™  

High-throughput flow-cytometry screening 

Proven record of success

In Vitro Ab Production

Proven track record of success

John Kenney
President