Title: BioSciCon, Inc.
1BioSciCon, Inc.
- BioSciCon has developed and manufactures a
patented biomarker-based technology, the MarkPap
System, for the early detection and screening of
cervical cancer which is more accurate, less
costly and less invasive than current Pap test
technologies.
2The Problem
- Existing Pap Test Technology
- Insufficient Accuracy - (gt15 false negatives)
Leads to unacceptable death rates. - Invasive - Requires a doctor visit which leads to
fewer women being tested. - Costly Increasing insurance costs in US and
prohibitively expensive in developing countries. - Slow - Takes weeks to obtain results.
3The Solution
- BioSciCons MarkPap is the solution
- More Accurate - (lt5 false negatives).
- Less Invasive - May be self-administered,
leading to increased use by women. - Less Costly - Priced gt25 less than conventional
Pap tests. - Timely - Results within hours vs. weeks.
4 MarkPap Technology
- CAP-PAP Test
- (US patent, 2000).
- CAP-PAP Test Kit
- (US patent pending).
- International Application (PCT 2004).
Chemical sensitive biomarker flags abnormal
cells for early detection.
5MarkPap Products
- MarkPap Kit Assembly of reagents, instructions
and controls - Kit Accessories Cytopreservative solution
- Available for research only in the US (before
FDA approval). International sale under local
regulations. - MarkPap Test service, assay
6Regulatory Process
- Non-Regulatory, NIH Clinical Study Completed
- Supported by NIH, SBIR Phase-1, Phase-2 Grants.
- Total Subjects 2,000
- Total Specimens 4,000
- Controls Pap Smear and ThinPrep Pap
- Performance Safe and more efficient than the
controls (up to 50). - FDA One Year Clinical Trial Required
7BioSciCon Founders Team
- President - Nenad Markovic, M.D., Ph.D.
- Developed a National Cancer Comprehensive
Center, university hospital director. - Director - Olivera Markovic, M.D., Ph.D.
- Developed, directed research and clinical
laboratories. - Clinical Laboratory Managers
- 20 Ob/Gy, pathologists and GPs in U.S. (MD, DC,
CA, NY) and abroad (India, SCG). - Business Management Team TBN
8Market Opportunity - US
100 million women at risk 50 million Pap tests
per year
- Per Test Breakdown
- Price 9
- Manufacturing 3
- Mktg. Distribution 1
- Expected Margin 5
- 25 below nearest competitor
We expect to capture 5 of market in 1 year of
sale, leading to 60 in 5 yrs.
2.5m tests/yr. 12.5m/yr. profit
9Market Opportunity - WORLD
1.7 billion women at risk
- Dev. Countries
- 18m total tests/yr
- 1/test expected margin
- 5 of market in 2 yrs. leading to 60 in 5 yrs.
- EU
- 42m total tests/yr.
- 5/test expected margin
- 5 of market in 2 yrs of sale, leading to 40 in
5 yrs.
2.1m tests/yr. 10.5m/yr. profit
MarkPap Self MarkPap Digital
10Funding Exit Strategy
- Invested Value 6 Million
- Funding Sought 3 Million
- FDA PreMarket Approval (PMA).
- Initial Funding sought 1.6 Million.
- Exit Strategy
- Acquisition by a large pharmaceutical or medical
device company Confidential conversations
currently ongoing.
11Todays Story
- Serious health problem
- Possible solution
- Technology available
- Company that has developed this technology
- Needs to bring tech. to market
- Market opportunity and hurdles
- Why we are here Funding Exit strategy
- Invitation
12MarkPap Self Digital
- BioSciCons New Products in 2005
13MarkPap Self
- Collecting cervico-vaginal fluids on swabs
- Smearing onto microscopic slide, or rinsing into
MarkPap Solution - Mailing specimen to cytopathology laboratory
- MarkPap test for specimen staining and
interpretation
14MarkPap Self
15MarkPap Digital - 1
- MarkPap slide examined under a microscope
- Search for cervical acid phosphatase in control
cells accept/reject the slide - Search for cervical acid phosphatase in
epithelial-like cells - Capture images (x20 magnification) of areas with
CAP positive epithelial cells by a digital camera
16MarkPap Digital - 2
- Transfer images of CAP positive epithelial cells
to Image analysis system via Internet - Automatically eliminate of debris
- Automatically select of cells with biomarker
(microscopic images) - Transfer selected images to human observer for
screening - Validate screening with QC of normal and abnormal
images
17MarkPap Digital
18BioSciCon, Inc. 14905 Forest Landing
Circle Rockville, MD 20850 Tel (301)
610-9130 Fax (301) 610-7662 Web site
www.bioscicon.com