copyright rib-x, inc. 2005 – all rights reserved susan froshauer, ph.d. president and ceo
TRANSCRIPT
Copyright Rib-X, Inc. 2005 – All Rights Reserved
Susan Froshauer, Ph.D.
President and CEO
Copyright Rib-X, Inc. 2005 – All Rights Reserved
Our MissionOur Mission
To Rapidly Design and Develop theNext Generation
of Antibiotics Active Against Drug
Resistant Bacteria
Many Antibiotics Inhibit the RibosomeMany Antibiotics Inhibit the Ribosome
50S30S
Zithromax
Biaxin
Zyvox
Ketek
Cleocin
Chloromycetin
Synercid
InhibitorsInhibitors
Aminoglycosides
Tetracyclines
mRNA Decoding Peptide bond formation
Copyright Rib-X, Inc. 2005 – All Rights Reserved
Rib-X Business PlanRib-X Business Plan
• Fully exploit Rib-X research and development capability to build a sustainable company
• Establish a strong pipeline of differentiable drugs
• Partnerships to leverage our assets and to expand outreach and global potential
• Revenue via such commercialization partnerships and ultimately a focused Rib-X sales force
Copyright Rib-X, Inc. 2005 – All Rights Reserved
Waves of Programs Build PipelineWaves of Programs Build Pipeline
2004 2005 2006 2007
Clinical TrialsPhase 2
Clinical Trials Phase 1
LatePreclinical
Clinical Trials Phase 2
Clinical Trials Phase 1
CommercialPartnership
IND
IND
IND
2004 2005 2006Copyright Rib-X Inc. 2005 – All Rights Reserved
NCEDevelopmentR02
2007
New Programs
CommercialPartnership
DrugCandidates
DrugCandidates
R03
LatePreclinicalR01
NCE Development
LatePreclinical
Clinical Trials Phase 1
Clinical TrialsPhase 3
Copyright Rib-X, Inc. 2005 – All Rights Reserved
Business HighlightsBusiness Highlights
• Research Initiated, June, ‘01
• $ 9.5 MM, Series A, Dec., ‘01
• $ 63.5 MM, Series B, May ’03
• Multiple, Parallel & Distinct Drug Dev Programs
• Clinic with 1st Program during 2005
• Commercial Partnerships in Phase I/II
Copyright Rib-X, Inc. 2005 – All Rights Reserved
Rib-X CultureRib-X Culture
• 50 Employees
• 42 Ph.D.s, 1 MBA, 3 Specialized Training
• Local Institutions- Yale, Large Pharma
• US Biotech Companies and other Academic Institutions
• International
Copyright Rib-X, Inc. 2005 – All Rights Reserved
Rib-XBenefits from CT
Rib-XBenefits from CT
Nucleation and Cash Flow
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Scientific FoundersScientific Founders
Thomas A. Steitz, Ph.D. • SAB Chair and Co-founder• Yale University
Peter B. Moore, Ph.D.• Co-founder• Yale University
Harry F. Noller, Ph.D.• Co-founder• University of California,
Santa Cruz
John N. Abelson, Ph.D.• Co-founder• California Institute
of Technology
William L. Jorgensen, Ph.D.• Co-founder• Yale University
Copyright Rib-X, Inc. 2005 – All Rights Reserved
Yale Technology TransferYale Technology Transfer
Exclusive Licenses to:
• Ribosome Crystal Structure
Patent
Know-how
• Computational Chemistry Software & Code
Copyright Rib-X, Inc. 2005 – All Rights Reserved
Private Equity Investors, Including CT Venture CapitalPrivate Equity Investors, Including CT Venture Capital
• ABS Ventures
• Axiom Venture Partners
• Cardinal Partners
• Connecticut Innovations
• EuclidSR Partners
• Oxford Bioscience Partners
• S.R. One, Limited
• Warburg Pincus (Series B Lead)
• Zero Stage Capital
Copyright Rib-X, Inc. 2005 – All Rights Reserved
Connecticut Innovations Valuable to Rib-XConnecticut Innovations Valuable to Rib-X
• Connecticut Innovations Private Equity Fund
Seed Investors ($ 1.2 MM)
• Connecticut Innovation’s Lab Space
Science Park Incubator Space
Modest interest loan to build 29,000 square ft George Street Laboratory Facilities ($ 3.1 MM, 5yrs)
Copyright Rib-X, Inc. 2005 – All Rights Reserved
Connecticut Benefits- Increase Rib-X RunwayConnecticut Benefits- Increase Rib-X Runway
• R & D Tax Credit
• Preferential Personal Property Tax
• New Haven Enterprise Zone
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Rib-X Outreach to Organizations Smoothes the WayRib-X Outreach to Organizations Smoothes the Way• Yale
SOM Library Fee for Service- Equipment, Keck Facility Scientific Community Educated Workforce
• CBIA Bulk buying power (health insurance) HR Resources/Information Training and Key Certifications
• CURE On-line info (permitting requirements) Promotion of Biotech Cluster Build
Copyright Rib-X, Inc. 2005 – All Rights Reserved
CT Might Do More….CT Might Do More….
Patient Money and Incentives
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Stimulating the Biotech Cluster Stimulating the Biotech Cluster
• $$ Seed Funding Mezzanine
• Diversity of Business Plans- Synergies- Benefits
• Involve Local Pharma/Biotech- Define Needs
• Administrative Resources
• Connected, Committed, Savy Mentors
• Visionary Facilities- High Cost Equipment
Copyright Rib-X, Inc. 2005 – All Rights Reserved
Susan Froshauer, Ph.D.President & CEO(203) [email protected]
Thank you.