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Raghu Kannan “THE NEW GOLD STANDARD IN COMPANION DIAGNOSTICS”

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Presentation on theme: "Raghu Kannan “THE NEW GOLD STANDARD IN COMPANION DIAGNOSTICS”"— Presentation transcript:

1 Raghu Kannan “THE NEW GOLD STANDARD IN COMPANION DIAGNOSTICS”

2 Current methods of detection IHC: Dako –in accurate PCR –amplifies all genes FISH –works well; however, microscopic visualization of tumor regions is difficult First Target: NSCLC Quantify proteins Quantify genes Effective treatment plan Detects and quantifies proteins in tumor tissue.

3 Lung Cancer (2014) Incidence 221,200; Mortality: 158,040 The heterogeneity of NSCLC makes effective treatment dependent on knowledge of the patient’s tumor biomarkers (and mutations) Cost of targeted therapy: $100,000 A diagnostic test platform that enables identification and quantitation of all types of tumor biomarkers (and mutation) is needed

4 Platform Technology: Gold nanorod mediated targeted histochemistry” (GNR-HC). Can identify and precisely quantify biomarkers in human tissues Highly sensitive. Can detect and quantify all classes of tumor biomarkers (e.g., proteins, mutations, gene fusion, copy number variants)

5 Business model. Diagnostic kit supplied to pathology laboratories. Oncologists –order to provide effective treatment plan. Pharmaceutical companies use as companion diagnostics. Market strategy Start up: Golden Diagnostics IDE; PMA pathway $250K for Pre-IDE phase $1-$1.5 million for IDE and PMA approval

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7 Raghu Kannan –Business development and nanotechnology Co-founder of three start-ups; raised more than $3 million in funding. Gerald Arthur –Board Certified Pathologist Partners and potential partners Regulatory specialists –Dr. Anandhi Upendran Industry contacts –Eli Lilly for providing human samples and expertise

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