4:00PM – 9/30/2014: Platform Technologies & Novel Therapeutics @14th Global Partnering & Biotech Investment, Congress Center Basel – SACHS Associates, London
Reporter: Aviva Lev-Ari, PhD, RN
Real Time Media Conference Coverage – Business and Scientific Channels by: https://pharmaceuticalintelligence.com
3:30PM – Industry Leader interview by Bloomberg News
4:00PM – 9/30/2014: Platform Technologies & Novel Therapeutics
C0-Chaired by:
- Christina Takke, Partner, Forbion Capital Partners
– What has changed in the technology and the environment in terms of Deals?
– Bioinformatics platform used on molecule behavior
– in the US the future potential is part of the valuation, in Europe only the present value not the future potential
– diversity
– how to structure companies
- Robin Davison, Director, Healthcare, Edison Investment Research
question to co-chair
– what impact geographic location has on decision regional, market penetration
Panelists:
- Doug Doerfler, President & CEO, MaxCyte, Inc.
– Application technology, managing expectation of share holders, over 15 years, product companies play both sides, now platform companies and products. balancing act
– what is the best way to go?
– expertise drives all
- Elena Startseva, Head of Business Development, OCT
– Challenge: Therapeutics not the platform
- David Urech, Co-CEO & CSO Numab AG
– platform
– serendipity and lucky to start, T cell activation, safety to immunotherapy product
– proof of concept for ophthalmology product, franchise
- Oliver Middendorp, Co-CEO & CBO, Numab AG
- Philippe Calais, CEO, Isarna Therapeutics GmbH
– Partner is Roche, advanced the pipeline, with traditional investors, decision to approach the US VC markets capture more finance
– move to ophthalmology products from oncology, better economic rewards
– moving from 1st generation drugs, via Pharma partners, investors requested additional product to secure investment
- Tim Knotnerus, Director Business Development, AM-Pharma
– valuation of platform technology companies, is very hard.
– investors suggests alternative opportunities
– Big Pharma
- Vikas Sharma, Director, Business Development, Rexahn Pharmaceuticals, Inc.
– Platform for drugs, feedback from the industry, license,
– product obsolescence in pharmaceutical, the real 4 is in the therapeutics not in the platform
– decision on exit, investment drives the structure
–
- Vincent Charlon, CEO, Anergis SA
– Lausanne based company, market opportunity, allergy vaccine, completed Phase II, product in Clinical stage, commercially shift in funds.
– confident to reproduce success, not as ease as should be, challenge continues
– Swiss based, originates in Hospital, if Global entry, locality matters less
- Daniel Elgar, CFO, Genkyotex SA
– success in one molecule does not imply success for the next. if Cystic Fibrosis was a success, next drug may not be a success.
– product assets have different characteristics, patient selection, failure of mechanism for compound to fail salvage from the clinical trial something.
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