SENO MEDICAL INSTRUMENTS OPTO-ACOUSTIC SYSTEMS FOR MEDICAL IMAGING AND TOMOGRAPHY Alexander A....
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Transcript of SENO MEDICAL INSTRUMENTS OPTO-ACOUSTIC SYSTEMS FOR MEDICAL IMAGING AND TOMOGRAPHY Alexander A....
SENO MEDICAL INSTRUMENTS
OPTO-ACOUSTIC SYSTEMSFOR MEDICAL IMAGING AND TOMOGRAPHY
Alexander A. Oraevsky, Ph.D.
Chief Scientific Officer, Seno Medical Instruments
OPTO-ACOUSTIC IMAGING TECHNOLOGY
Disruptive Technology for Unmet NeedsMultibillion Dollar MarketPlatform for Multiple Follow-on
ApplicationsScience Validated Intellectual Property Protected GloballyExperienced Medical Device Management
TeamSeeking Investment, Strategic Partners
and Licensing Opportunities
OA is a Natural Fusion of Optical Imaging (that provides high contrast) and Acoustic Imaging (that provides high resolution). OA allows to see under the skin in the depth of tissue based on detection of ultrasound waves generated through absorption of light
Opto-Acoustic Imaging is Disruptive Technology:New medical information - maps of blood
distribution in tissues and its oxygen saturation
First new functional imaging technology in 30 years: no contrast agents or ionizing radiation
WHAT IS OPTO-ACOUSTIC IMAGING ?
micro-vasculatureMouse organs
VALIDATION OF SCIENCEPRE-CLINICAL IMAGING IN ANIMALS: BRIDGE TO
CLINIC
blood vessels
>$10M in US Government funding; >$30M for academic research worldwide
CancerCardiovascu
larIntravascula
r
StrokeBrain
Trauma
Other Blood Related
Applications
Diagnostic Imaging
Image - Guided Biopsy
Monitoring of Drug Efficacy
Monitoring of Treatment
Molecular and Functional Imaging
PLATFORM TECHNOLOGY UTILIZING LIGHT AND SOUND TO MAP AND CHARACTERIZE BLOOD IN
TISSUES AND IN ANGIOGENESIS-RELATED MICROVASCULATURE
~$40 B
~$10 B
~$35 B
~$10 B
LOUIS combines optics and acoustics to significantly improve accuracy of cancer detection and noninvasive diagnosis
ENTRY MARKET: BREAST CANCER
LOUIS™ IMAGINGPROVIDES FUNCTIONAL INFORMATION ON BLOOD
DISTRIBUTION IN ADDITION TO TISSUE STRUCTURE
OPTO-ACOUSTICS VERSUS CURRENT STANDARD OF BREAST IMAGING*
KeyProperties
Gold Standard(X-ray mammo)
LOUIS™(US+OA)
SignificantBenefits
Morphology and function
Only morphology
YesBoth
High sensitivityand specificity
Negative Predictive Value
70%/30%50-70 y.o. / <40 y.o.
98% Lower Rate of Missed Cancer
PositivePredictive Value
60%/20%50-70 y.o. / <40 y.o.
82% Reduces False Positives
PatientSafety
Carcinogenic radiation
SafeLight
No harmto patients
PatientComfort
Pain of compression
Nocompression
Patientacceptance
*References:Geller BM. Vacek PM. Skelly J. Harvey SC. The use of additional imaging increased specificity and decreased sensitivity in screening mammography. Journal Clinical Epidemiology. 58(9):942-50. Sep 2005. Quing Z. Cronin EB. Currier AA. Vine HS. Huang M. Chen N. Xu C. Benign versus Malignant Breast Masses: Optical Differentiation with US-guided Optical Imaging Reconstruction. Radiology. 237: 57-66. Oct 2005.
Issued Patents5,840,023 – The Core (umbrella) Opto-Acoustic Imaging
Patent6,309,352* – Treatment and Monitoring in Real-Time6,498,942* – Distinguishing Malignant vs. Benign
Tumors
Allowed Patents 10 / 764,213 – Molecular Imaging Using Nanoparticles
Published Patents PCT / US06 / 02186 – Treatment Using Nanoparticles
Pending Patents 11 / 656,103 – Methods of Quantitative Tomography
* Licensed from the University of Texas Medical Branch
Intellectual Property Protection
BEST-OF-BREED MANAGEMENT TEAM: KEY INDUSTRY EXPERIENCE and INFLUENCE
Janet Campbell – Chairman & CEO Co-Founder of Seno Medical Instruments, Inc.President & COO of InforMedix, Inc.
Alexander Oraevsky – Chief Scientific Officer Inventor of opto-acoustic tomographyVice President of R&D, Fairway Medical
Technologies. Ron Branstetter – President & COO
Co-Founder of Seno Medical Instruments, Inc.President & COO of Colin Medical Instruments,
Inc. William Keane - Chief Medical Officer
Former Head of Merck & Co., Clinical Affairs and R&D
SCIENTIFIC ADVISORY COMMITTEESeasoned Team of world class experts
Robert I. Kramer, M.D. – Susan G. Komen Advisory Board Founding Member
Charles Coltman, M.D. – Co-Founder of Cancer Therapy Research Center
Lester M. Crawford, D.V.M. – Former Head of the FDA
John W. Holaday, Ph.D. – Biotech entrepreneur; Among the 500 most cited scientists in the world
Patricia E. Sacks, M.D. – Director of the largest radiology practice in LA.
Tom Budinger, M.D., Ph.D. – Former president of Molecular Imaging Society; Leading expert in the field of biomedical imaging.
Walt Robb, Ph.D. – Founder of GE Medical Systems. Recipient of Medal of Technology the highest national honor for technological accomplishments from President Clinton.
FINANCIAL PROJECTIONS & KEY METRICS
Latest Seno Financial Projections
Financials * ($) 2009 2010 2011 2012 2013
Revenues 0 0 11,571 32,365 69,470
Expenditures 2,555 7,774 10,831 21,959 40,509
Net (2,555) (7,774) 740 10,406 28,952
*(In Thousands (000) USD)
THE OPPORTUNITY State of our Technology - validated through
Multimillion dollar grant fundingResearch and publications by academia worldwideLicensed our first commercial product for small animal imaging to Visual Sonics, worldwide leader in preclinical imaging research
IP protected globally and vetted for “freedom to operate”
Technology AdvantagesFirst new functional imaging technology in decadesProvides high contrast, high resolution, real-time
informationProvides structural and functional information for
detecting, diagnosing and monitoring disease stateOpportunity
Looking for $3M in Bridge and 7.75 M in series B financing
Strategic partnerships for a variety of applicationsExit strategy – acquisition or IPO in 3 years