CliniWorks Presentation 12008

1
Company Presentation
5/2009 (short version)
2
Our Mission
Accelerate Bio-Pharma Products
Time-to-Market By releasing the clinical
development bottleneck
3
CliniWorks

• Founded 2007
• Self funded
• Fully developed software platform and products
• Aggregated Revenues to date 1,300,000
• Headquarters Waltham, MA
• RD Tel Aviv, Israel
• 7 People

4
The Clinical Drug Development

• New drug development cost 1Bn
• 40-70 spent on clinical development
• 30 of budget spent on Investigators
  (physicians) and Subjects (patients) recruitment
• Finding patients for clinical trials is the main
  challenge
• Clinical data is critical for effective clinical
  development
• gt80 of Clinical Trials are delayed ? 5-6Bn
  losses/year
• Recruitment issues are the major causes for
  delays

5
The clinical data access challenge

• Manual review of 000s of medical records takes
  months/years
• Investigators (MDs) cant find enough data and
  identify eligible subjects at any timeline
• The result Declined participation in clinical
  trials
• The drug-development industry describes the
  situation as a crisis!

6
CliniWorks Solution and Service

• The industrys only solution that
• Screen millions of textual medical records
• Extracts ALL clinical data out of free text
  records
• Finds in seconds qualified subjects per study
• Provides on-line, de-identified record view
  audit
• Keeps strict HIPAA / IRB compliancy

 
7
Bio-Pharma Benefits and ROI
Accelerate Pharma Products Time-to-Market
gtgtgt Generate 1.4 million/day on successful
products Accelerated time-to-exclusion from
pipeline gtgtgt Save 35,000/day on each
excluded drug!
ROI Fees are insignificant compared with the
return
8
Expansion Capital Required

• Complete product and initial business developed
• 1.3M Revenues generated from blue-chip customers
• Investment
• 4M First round investment at preferred terms
• Position the company with positive cash-flow from
  operations in 18 months

9
Thank You! Phone [phone] Email
nitzan_at_cliniworks.com