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Copyright Rib-X, Inc. 2005 – All Rights Reserved Susan Froshauer, Ph.D. President and CEO
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Copyright Rib-X, Inc. 2005 – All Rights Reserved Our Mission To Rapidly Design and Develop the Next Generation of Antibiotics Active Against Drug Resistant Bacteria
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Many Antibiotics Inhibit the Ribosome 50S30S Zithromax Biaxin Zyvox Ketek Cleocin Chloromycetin Synercid Inhibitors Aminoglycosides Tetracyclines mRNA Decoding Peptide bond formation
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Copyright Rib-X, Inc. 2005 – All Rights Reserved Rib-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
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Copyright Rib-X, Inc. 2005 – All Rights Reserved Waves of Programs Build Pipeline 2004200520062007 Clinical Trials Phase 2 Clinical Trials Phase 1 Late Preclinical Clinical Trials Phase 2 Clinical Trials Phase 1 Commercial Partnership IND 200420052006 Copyright Rib-X Inc. 2005 – All Rights Reserved NCE Development R 02 2007 New Programs Commercial Partnership Drug Candidates R 03 Late Preclinical R 01 NCE Development Late Preclinical Clinical Trials Phase 1 Clinical Trials Phase 3
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Copyright Rib-X, Inc. 2005 – All Rights Reserved Business 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
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Copyright Rib-X, Inc. 2005 – All Rights Reserved Rib-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
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Copyright Rib-X, Inc. 2005 – All Rights Reserved Rib-X Benefits from CT Rib-X Benefits from CT Nucleation and Cash Flow
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Copyright Rib-X, Inc. 2005 – All Rights Reserved Scientific 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
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Copyright Rib-X, Inc. 2005 – All Rights Reserved Yale Technology Transfer Exclusive Licenses to: Ribosome Crystal Structure Patent Know-how Computational Chemistry Software & Code
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Copyright Rib-X, Inc. 2005 – All Rights Reserved Private 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
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Copyright Rib-X, Inc. 2005 – All Rights Reserved Connecticut 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)
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Copyright Rib-X, Inc. 2005 – All Rights Reserved Connecticut Benefits- Increase Rib-X Runway R & D Tax Credit Preferential Personal Property Tax New Haven Enterprise Zone
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Copyright Rib-X, Inc. 2005 – All Rights Reserved Rib-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
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Copyright Rib-X, Inc. 2005 – All Rights Reserved CT Might Do More…. Patient Money and Incentives
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Copyright Rib-X, Inc. 2005 – All Rights Reserved Stimulating the Biotech Cluster $$ Seed FundingMezzanine Diversity of Business Plans- Synergies- Benefits Involve Local Pharma/Biotech- Define Needs Administrative Resources Connected, Committed, Savy Mentors Visionary Facilities- High Cost Equipment
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Copyright Rib-X, Inc. 2005 – All Rights Reserved Susan Froshauer, Ph.D. President & CEO (203) 624-5606 froshauer@rib-x.com Thank you.
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