Overview for the New York Pharma Forum November 12, 2012 Company - - PowerPoint PPT Presentation
Overview for the New York Pharma Forum November 12, 2012 Company - - PowerPoint PPT Presentation
Overview for the New York Pharma Forum November 12, 2012 Company & Employees Founded 6 years ago Located in Massachusetts 31 employees Experienced leadership Collectively more than 200 years of device development experience
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Company & Employees
- Founded 6 years ago
- Located in Massachusetts
- 31 employees
- Experienced leadership
Collectively more than 200 years of device development experience at Boston Scientific, Medtronic, Genzyme, and others
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- Duke Collier, CEO
- Blaine McKee, Ph.D., Executive VP, CBO
- Maria Palasis, Ph.D., Executive VP, CTO
- Raymond Knox, VP Operations
- Wendy Naimark, Ph.D., Director R&D
480 Biomedical’s Management Team
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- Carmichael Roberts, Ph.D., Chairman
- Duke Collier, CEO
- George Whitesides, Ph.D., Harvard University
- Bob Langer, Sc.D., MIT
- Terry McGuire, Polaris Venture Partners
- Jimmy Rosen, Intersouth Partners
- Guido Neels, former Guidant COO
- Tony Semedo, Medtronic
Investors: Polaris, North Bridge, Intersouth, and Medtronic
480 Biomedical’s Board
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480 Biomedical’s Lead Product: A Transformational Bioresorbable Scaffold
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WW SFA Disease Prevalence >12MM
Source: DataMonitor Pipeline Perspectives: PAD 2007; internal estimates
8.5M PAD 4.7M SFA 9.5M PAD 4.9M SFA 5.5M PAD 2.8M SFA
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- Abandoning coronary
stents, but investing in peripheral interventions
- Acquired DEB
company Lutonix in Dec 2011 for $225M + $100M earnouts
- Acquired EV3 in
July 2010 for $2.6B, strong peripheral portfolio
Major Players are Active in the Space
- Developing an SFA
bioresorbable scaffold
- Purchased Invatec in April
2010 for $350M plus $150M in earnouts, has leading DEB for periphery
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Current SFA Treatments are Suboptimal
Lower Higher Lower Higher
Effectiveness Invasiveness
Surgical Bypass Balloon Angioplasty Medical Management Stents
SFA Treatment Landscape
Atherectomy
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- Strong
– Scaffolds the vessel during healing
- Flexible
– Responds to vessel motion
- Bioresorbable
– There only while its needed – Safely resorbed by the body
Attributes of the the Optimal SFA Stent
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Bioresorbable Scaffolds are Optimal for SFA
Drug-Eluting Balloon Drug-Eluting Stent Bioresorbable Scaffold
Ease of Procedure
✓ ✓ ✓
Supports vessel during healing
✓ ✓
No Permanent Implant
✓ ✓
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StanzaTM: A Superior Bioresorbable
Device Image Strength Flexibility Absorption Time ABSORBTM
Abbott Vascular Similar to metal stents Highly rigid 3-4 years
IGAKI-TAMAI
Kyoto Medical Planning Low radial strength Semi-rigid 3-4 years
StanzaTM
480 Biomedical Similar to metal stents Highly flexible Elongates with vessel ~1 year =most desirable =least desirable
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STANCE Trial A Safety Assessment
- f the StanzaTM Self-
Expanding Bioresorbable Scaffold System in the Treatment of de Novo Superficial Femoral Artery (SFA) Lesions
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StanzaTM Scaffold Supports Drug Delivery
No Drug Drug-Eluting
Drug-eluting scaffold in advanced preclinical testing
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