R eal Time Lethbridge Entrepreneurial iGEM Team iGEM World Jamboree - - PowerPoint PPT Presentation

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R eal Time Lethbridge Entrepreneurial iGEM Team iGEM World Jamboree - - PowerPoint PPT Presentation

B iologically E nhanced A ssay in R eal Time Lethbridge Entrepreneurial iGEM Team iGEM World Jamboree November 3 rd , 2013 Our Team Web Manager Chief Chief Co-Chief Co-Chief Science Officer Science Officer Executive Operational Officer


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SLIDE 1

Biologically Enhanced Assay in Real Time Lethbridge Entrepreneurial iGEM Team

iGEM World Jamboree November 3rd, 2013

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SLIDE 2

Our Team

Isaac Ward Erin Kelly Mackenzie Coatham Harland Brandon Amrinder Grewal Chief Executive Officer Chief Operational Officer Co-Chief Science Officer Co-Chief Science Officer Web Manager

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SLIDE 3

Our Concept and Development: Hormone Detection

Currently evaluating Canadian, US and EU health and medical device regulations

Single Unit Module Multi Unit Module

Over expression of Protein A Over expressed Protein

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SLIDE 4

BEAR will be valuable to Researchers and Diagnosticians in the endocrinology and neuroscience fields Canada 447 endocrinologists 78% work in an academic health sciences centre 37% work in a university United States 5341 endocrinologists 28% of these are involved in research

Market Demographic

Canadian Society of Endocrinology and Metabolism: http://www.endo-metab.ca/ The Endocrine Society: http://www.endo-society.org/media/press/2008/Endocrinology-Workforce-Shortage- Represents.cfm#

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SLIDE 5

Conventional Methods Market Size

The global market for monoclonal therapeutic and diagnostic antibodies increased from $26 billion in 2006 to an estimated $31 billion by the end of 2007 and $56 billion by 2012. Compound annual growth rate of 13%.

lhttp://www.bccresearch.com/report/monoclonal-therapeutics-products-bio016g.html

Worldwide Sales of Therapeutic Monoclonal and Companion Diagnostics, 2005-2012

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SLIDE 6

Canadian Biotechnology Market Size

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SLIDE 7

Medical Applications

Statistics Canada: http://www.statcan.gc.ca/pub/84f0210x/2009000/t031-eng.pdf

Canadian and United States Births from 1920’s-2009/2011

Martin JA, Hamilton BE, Ventura SJ, et al. Births: Final Data for 2011. National Vital statistics reports; vol 62 no 1. Hyattsville, MD: National Center for Health Statistics. 2013.

Figure 2 Live births and fertility rates: United States, 1920-2011 Figure 1 Canadian births 1921-2009

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SLIDE 8

Canadian Health Care Equipment Market

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SLIDE 9

Canadian Medical Device Industry Advantage

  • Medical Device Manufacturing Costs

Lowest in G7, along with the lowest

  • perating costs
  • Low R&D Costs and Tax Incentives
  • Regulatory Process Emphasizes

Harmonization

  • Supportive Network of Industry

Associations

  • Federally Funded Research Support

Programs

  • CIHR, NRC, NSERC

Canadian medical device industry profile

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SLIDE 10

Business Model

Synbiologica Ltd.

  • Determine Customer

Needs

  • Proof of Principle
  • Develop Prototype
  • Acquire Patents for

Licensing

Established Biotech Company

  • Marketing
  • Manufacturing
  • Advertising
  • Distribution
  • Sales

Final Customer

Royalties Direct Sales Revenue Licence

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SLIDE 11

Revenue Model

Monitoring Device Repeated Use One Time Sales

Disposable Unit One Time Use Recurring Sales

$

$ $ $ $ $ $ $

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SLIDE 12

Customer Strategy

Visibility and Market Demand Publications

Endocrinology Research Livestock Agriculture Human Diagnostics

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SLIDE 13

Financial Model

  • 300,000
  • 200,000
  • 100,000

100,000 200,000 300,000 400,000 Year 1 Year 2 Year 3 Year 4 Income expenses net Income 2,000,000 4,000,000 6,000,000 8,000,000 10,000,000 12,000,000 14,000,000 16,000,000 18,000,000 20,000,000 Year 5 Year 6

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SLIDE 14

International

Skills Value of the iGEM Experience

Team-Work

Leadership

Organization

Project-Management

Presentation

Public-Speaking

Knowledge-Translation

Networking

Collaboration

Grant-Writing

Fund-Raising

Community-Involvement

Multidisciplinary

Entrepreneurship

Ethics

Responsibility

Politics

Creative-Solutions

Problem-Solving

Economics

Values

Goal Setting

Community

Public Policy

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SLIDE 15

Progress and Achievements

Executive Summary Business Plan Presentation

South Venture Business Plan Competition: Winner Synbiologica Limited is Incorporated - March 14, 2013 (Pi Day) Chinook Entrepreneur Challenge Technology Stream: Winner CEC Training First Request for Proposal First Business Cards Insurance

2012

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SLIDE 16

Acknowledgements Advisors

  • Dr. Gerlinde Metz
  • Dr. HJ Wieden
  • Dr. Roy Golsteyn
  • Mr. Michael Kelly
  • Mr. Dan Kazakoff
  • Mr. & Mrs. Cotham

Local Support Networks University of Lethbridge and the Office of Research Services Regional Innovation Network of Southern Alberta Community Futures Economic Development Lethbridge

  • Dr. Dan Polonenko – Gowlings

Local Business and Technology Advisors

  • Mr. Bill Halley
  • Dr. Morgan Guo
  • Mr. Cal Koskowich
  • Ms. Renea Barlow
  • Mr. Geoff Rougeau
  • Mr. K. Greg Senda
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SLIDE 17

Sponsors and Support

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SLIDE 18