Why are We Unique?
We are developing an Antibody Immunotherapy Drug that is predicted to have the ability to treat multiple types of cancers, with a current focus on Multiple Myeloma.
Our technology and concept:
- Encompasses a critical area of cancer research and immunology that has been overlooked by the scientific community.
- Uses a patient’s own immune system to fight cancer in a balanced fashion.
- Has the potential to rationally and safely combine with other treatments.
- Provides the opportunity for early partnerships. “Patent Cliffs” (primary drugs that have fallen off patent protection) have caused havoc in traditional drug development groups. Large pharmaceutical companies have been forced to cut back on their internal research & development and are now looking externally for smaller but dramatic biotech discovery programs that they can license or acquire. As such, small biotech companies can often partner with larger companies and, in so doing, achieve faster exits for their early investors.
- Pharmaceutical companies are very interested in the development of antibody drugs, and are currently seeking novel cancer targets and approaches like the ones being developed at Novelogics. Our approach is not a “personalized medicine” option, so it should be less cumbersome to deliver.
- Expected to broadly treat the top 10 types of deadly cancers vs. more targeted drugs that are designed for specific types of cancer and often only work well on one kind of cancer.
- By design our concept is expected to be less toxic than traditional therapies either on the market or coming through the pipeline, and given the way our drug is expected to work, it should not make a patient sick to get better.
- Drug resistance is less likely to develop considering the drug target is not actually on or within the cancer cell, but instead indirectly reactivates the immune system to fight the disease.
- In addition to the antibody drug, we will be developing an independent, yet related, medical device.
Things You May or May Not Know:
- Estimated 14.1 million new cancers cases diagnosed worldwide EACH YEAR.
- Lung, female breast, colorectal and stomach cancers were the most diagnosed cancers accounting for almost 40% of all cases.
- An estimated 8.2 million deaths occurred from cancer worldwide in 2012, or about 22,000 cancer deaths a day.
More information can be found here: http://www.cancer.org/acs/groups/content/@research/documents/document/acspc-044738.pdf
USA – American Cancer Society Inc. Surveillance Research 2015
- Estimated New Cases 1,658,370
- Estimated New Cases (Male) 848,200
- Estimated New Cases (Female) 810,170
- Cancer Deaths (Male) 312,150
- Cancer Deaths (Female) 277,280/li>
More information can be found here: http://www.cancer.org/acs/groups/content/@editorial/documents/document/acspc-044552.pdf
Canada – Canadian Cancer Society 2014
- Estimated 191,300 new cases
- Estimated 76,600 deaths
More information can be found here: http://www.cancer.ca/en/cancer-information/cancer-101/canadian-cancer-statistics-publication/?region=on
Comparable Company Valuations for other Biotech Firms
For examples of deals and pipelines in immunotherapy for stage, type of immunotherapy, indication and sample deal sizes such as:
- Discovery of a target
- Development (pre-clinical)
- Phase I, II & II clinical trials
- Evaluations of Targets
More information can be found here: http://www.genengnews.com/keywordsandtools/print/3/38018