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The AsthmaCo . June 2013. $8.9B Problem in Asthma. SALBUTAMOL (a.k.a. Albuterol) is the ONLY short-acting bronchodilator – several “me toos ” - all act via same B-adrenergic pathway $1.6B sales, 4 th most prescribed, 15 th highest selling GENERIC worldwide
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The AsthmaCo. June 2013
$8.9B Problem in Asthma • SALBUTAMOL (a.k.a. Albuterol) is the ONLY short-acting bronchodilator – several “me toos” - all act via same B-adrenergic pathway • $1.6B sales, 4th most prescribed, 15th highest selling GENERIC worldwide • When Salbutamol doesn’t work… • 3.9M Emergency Department visits / yr • TREATED WITH SALBUTAMOL AGAIN! – no other options exist • $2.1B: 85% sent home after 3 hrs • $6.8B: 15% take up 1.8M hospital bed-days • >10,000 deaths worldwide • WHAT IS NEEDED: • NEW Short-Acting Bronchodilator, with NEW mechanism of action
Canadian Asthma ResearchLeads to New Drug Discovery NEW mechanism of action Mucous plugs Drugs can’t get to where they are needed
New Treatment: S-1226TM • Perflubron mixed with CO2-enriched air • Short-Acting Bronchodilator • Constituents are well described, safe • Constituents have previously been approved by FDA, EMA, etc… • NEW mechanism of action • Superior to Salbutamol! Circulaire II CO2 Perflubron S-1226TM
Faster Than Salbutamol Tissue dye www.SolAeroMed.com/S-1226 Pre-MCh Post-MCh 0 second treatment 3 seconds treatment 1 second treatment 2 seconds treatment 4 seconds treatment
Patented in Major Markets • Issued in US and Europe • Pending in other jurisdictions • Claims: • Composition of matter and method to treat • Monotherapy and in combination
Markets • Emergency Department: “preceding salbutamol for acute asthma exacerbation” • Estimated at $190M Peak Sales • Less than 10% COGS – approximately $13/unit • Personal rescue device • Estimated at up to $2.9B Peak Sales • Combination drug • Estimated at $2B - $4B Peak Sales
Partners • Proprietary nebulizer • Exclusive Perflubron supply • (marketed as Perflubronc® by Origen Biomedical) • Phase I Clinical Trial Phase IIa Clinical Trial Development Partner Candidates ? ?
Team • Management • Experienced in the business, and top scientists • Board of Directors • Extremely successful at growing and selling respiratory medicine companies • Advisors • Highly networked, experienced
Corporate Development - July 2013 - CTA@Boston Award Corp Off. in US US VCs & Partners EXIT - Acquisition Prototype Proof of Concept Market Test Exit
US Expansion • Interest expressed by: • Boston Harbor Angels, Lead: Bill McPhee • Mass Medical Angels, Lead: Frank Bobe • Launchpad, Lead: Eduardo Pontoriero • Office in Cambridge, MA • Canadian Technology Accelerator • Selected in a highly competitive application process • Cambridge Innovation Center Office • Other • MIT VMS, Lead: Jerome Smith • Keiretsu Forum, Lead: Thealzel Lee
S-1226™ is De-Risked Proof of Concept & Animal Studies Animal Studies Toxicity Toxicity – past studies Risk Controlled Human Efficacy Efficacy – sheep, humans Manufacturing Manufacturing - 510(k) Real World Efficacy Statistically Significant Data Regulatory Approval Pre-clinical Phase I Phase IIa Phase IIb Phase III Approval S-1226™
Future Partnerships We are seeking additional strategic partnerships to help fund, develop, and commercialize S-1226™