Q1/2018 Non Confidential Investor Presentation - Todos Medical
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
Safe Harbor This presentation may contain forward-looking statements, including, without limitation, statements containing the words “believes”, “expects”, “plans”, ”estimates” and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which might cause the actual results, financial condition, performance or achievements of Todos Medical Ltd., or industry results, to be materially different from any future results, financial conditions, performance or achievements expressed or implied by such forward-looking statements. Given these uncertainties, the audience is advised not to place any undue reliance on such forward- looking statements. These forward-looking statements speak only as at the date of this presentation. Todos Medical Ltd. expressly disclaims any obligation to update any such forward-looking statements in this presentation to reflect any change in its expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based, unless required by law or regulation. Neither Todos Medical Ltd. nor any of its officers, employees, advisers, or agents makes any representation or warranty, express or implied, as to any matter or as to the truth, accuracy, or completeness of any statement made in this presentation, made in conjunction therewith or in any accompanying materials or made at any time, orally or otherwise, in connection with the matters referred to herein and all liability in respect of any such matter or statements is expressly excluded. 2 Todos Medical (OTCQB: TOMDF)
TODOS Medical Company Vision Creating a better and more affordable way of cancer screening to improve treatment and reduce mortality. 3
Company Mission • Blood test as first line method and standard of care for cancer screening. • Provide a simple and reliable cancer screening methods based on a blood sample. The Need The Vision There is currently no low cost and simple cancer Todos Medical aims to develop and bring to market detection method for many of the main cancers. The its revolutionary blood tests for cancer detection. existing screening methods have at least one of the Our new cancer test will add a layer to currently following significant drawbacks: available cancer screening and diagnostics. Our • Expensive goal is to help save lives through early detection • Low sensitivity or specificity while being minimally invasive to the patient. • Not comfortable for use (low compliance) • Not accessible to the mass population • Todos Medical’s vision is to become the • Requires specialists for interpreting the results standard of care in the way people are • Risk involved (Radiation, Invasive tests…) routinely checked for cancer (early detection). Many people who need to be checked regularly for cancer skip the check due to price, availability or • The new method is easy to implement and at a comfort. low cost, currently targeting the mass population as the first choice for cancer detection. • The technology is a platform, and we are investigating methods for using our platform on other types of cancers (as a start we are focused on breast and colon cancers). 4 4
Executive Summary TODOS Medical has developed a new cancer detection method that we believe will change the way cancers will be screened in the future. The method is low cost with high specificity and sensitivity. It is based on optical/biochemical inspection of blood components. Only 10cc of peripheral blood is needed to run the test. The method is based on optical measurement of the blood sample and computerized analysis. Our method provide a way for early detection of cancer hence saving lives and reducing the payers costs. Customers: Health Insurance companies, Private Clinique - Labs and Governments. Milestones: • We have got CE mark for sales in Europe. • Run large scale validation trials • Start evaluating FDA approval process • Commercialize our method (first sales planned for the mid 2019) • Find commercial and strategic partners in Europe, Israel, North America and far east • First sales for Breast cancer (TB) in Europe and the far east TODOS Medical was founded on April 2010. Ben Gurion University (BGU) and Soroka Medical Center located in Israel developed the core technology which serves as the foundation of this venture. TODOS Medical has the worldwide exclusive rights on this technology. Three patents granted and more pending. 5
Investment Highlights Innovation: Blood test based Platform: Strong IP on the total Scalable and Scalable Portfolio: biochemical easy to 3 patents infra-red analysis Platform implement for granted and of the immune new indications more pending system and plasma Global Presence: Scientific Singapore office Regulatory publications: and partnerships path: results of in Germany & CE approved, clinical trials for developing new CLIA and FDA breast and ones in Asia and pathways colorectal tests North America MEDICAL
Our Value Proposition A robust cancer screening from a simple blood test that utilizes Total Biochemical Infrared Analysis (TBIA): in-vitro diagnostic method (IVD) based on spectral analysis of peripheral blood components – Quick – Simple (blood test) – Non invasive & radiation free – Automated results – Robust platform with ability to screen for additional cancer types – IP Coverage: 3 granted, more pending patents – Previous clinical trials present promising results with high accuracy – CE mark and ISO 13485 approved; U.S. regulatory process in-progress 7
Company Products Todos Breast Screens Todos Colon Screen TM-B1 & TM-B2 TM-C1 Our breast cancer blood Test is targeting a Colonoscopy is the current standard in large population of women that need to be Colorectal Cancer (CRC) testing. Our checked regularly for breast cancer, whether proprietary TM-C1 cancer test is targeting the that is because of a high risk group or at an detection of colorectal cancers at an early age that women are routinely screened. stage. A large percentage (40% or higher) of Usually all women above 40 years old patients who have been recommended to undergo a breast testing. The undergo a colonoscopy do not get one recommended testing protocol using (mainly due to discomfort and cost). Our TM- Mammography and Ultrasound have their C1 test is a groundbreaking cancer test that limitations and discomfort. Our proprietary will indicate the presence of colon cancer. As TM-B1 cancer test will support current it is a blood test, it is minimally invasive and cancer diagnostic protocols in their weak points (like dense breast tissue and young affordable. If colon cancer is detected, the woman) and give a simple and low-cost physician can then determine appropriate solution for early detection. Our proprietary next steps. TM-C1 is not intended to replace TM-B2 cancer screen will allow health care colonoscopies or other standard diagnostic providers to distinguish between benign and methods. Our goal is to incorporate our TM- malignant breast tumors. C1 test into the current colon cancer screening protocols in order to save lives by improving early detection. 8
Leadership • Vice President of Medical Affairs and Clinical Development at Juniper Pharmaceuticals in Boston, MA since 2016. • Senior Director of Clinical Development for Women's Health and Global Head of Women's Health Medical Affairs at Teva Pharmaceuticals. Dr. Herman Weiss • Chief Medical Officer at FibroControl, an Israeli medical device company focused on women's health. Chairman, BoD • Practiced medicine in NY for 8 years, opening up a bladder health center and a female medical imaging center. • Board certified and a Diplomate of The American College of Obstetricians & Gynecologists. • MD, The Ohio State University College of Medicine; MBA from George Washington University • Over 25 years experience in management, marketing, sales and R&D • Seasoned executive at technology companies: Rami Zigdon, MBA, EENG, BSc • Country Manager, Hitachi Semiconductors, Renesas Technology, & Atmel Co-Founder and CEO • Product Manager, Scitex (now HP) • CTO, NI Medical • Over 10 years in biomedical engineering R&D Dr. Udi Zelig • Ben Gurion University and Medical School Instructor Co-Founder and CTO • Numerous medical and biophysics publications • PhD, Biomedical Engineering: Ben Gurion University • Over twenty years experience in healthcare and life sciences, include ten years total with Siemens Medical Dr. Meir Silver Systems and Philips Medical Systems VP Clinical Research and Regulatory • Extensive experience in oncology therapeutics, diagnostics and imaging. • Over forty peer-reviewed publications and presentations. Affairs • Ph.D. in EECS from The Johns Hopkins University Dr. Joseph Wee • Over 45 years experience as a Productivity and Business Management Consultant to SMEs, MNCs, Government Linked Companies and Government Agencies Managing Director • Senior management and directorship positions in over 20 companies, including 3 listed companies Todos Medical Singapore • Member of Advisory Committees appointed by a Singapore government agency 9
Global Cancer Diagnostics Market Overview 2015 Market Snapshot (USD Billions) • The global cancer diagnostics market was valued at $114.5 billion USD in 2015. • By Screening Types: Imaging ($28.3B), Genetic Tests ($25.8B), and Laboratory Tests ($25.7B) each account for about a fourth of the market. • By Application: Breast Cancer ($15.1B), Lung Cancer ($13.8B), Blood Cancer ($11.6B), and Colorectal Cancer ($11.3B) top the market. Source: Cancer Diagnostics Market Analysis and Segment Forecast to 2025, Grand View Research 2016 10
Rising Incidence Market Driver Analysis (1 of 4) of Cancer • Cancer is a leading cause of death worldwide. According to the National Cancer Institute at the National Institutes of Health, around 8.2 million cancer deaths and 14 million new cases were registered in 2012. • The following chart depicts estimated cases of most common cancer types in 2016: Cancer Cases by Type, 2016 ~250,000 WHO claimed that cancer is the second most common cause of ~150,000 death in the US, and accounts for nearly 1 of every 4 deaths in the region. Source: Cancer Diagnostics Market Analysis and Segment Forecast to 2025, Grand View Research 2016 11
Application Movement Analysis: Breast Cancer • Breast cancer has the largest prevalence rate. About 1 in 8 U.S. women develop invasive breast cancer as per the U.S. breast cancer statistics. It also reports that 246,660 new cases of invasive breast cancer are expected to occur in 2016. • Most of the times the symptoms of cancer are not identified in early stages and thus, screening tests are important for early diagnosis of the disease. • Imaging tests used for diagnosis of breast cancer are mammography, breast ultrasound, and magnetic resonance imaging (MRI). This imaging gives pictures of inside body structures, functions, as well as abnormalities that are caused due to presence of cancer. Breast Cancer Market 2014 – 2025 (USD Billion) The breast cancer segment of the market is expected to grow at the fastest CAGR of 8.8% over the forecast period and to reach $35.6 billion in 2025. 12
Application Movement Analysis: Colorectal Cancer • Colorectal cancer is a malignant type of cancer arising from the inner wall of large intestine. • According to National Cancer Institute, it is third most common type of cancer in men and women in the U.S. • Colorectal cancer can be hereditary in a family caused by colon polyps or by long standing ulcerative colitis. This cancer develops from colon polyps, thus, its removal can prevent cancer. However, colon polyps and early colon cancer show no symptoms, therefore regular screening is important. • Diagnosis and regular screening of cancer can be done using endoscopic methods such as colonoscopies and sigmoidoscopies. For further confirmation for presence of cancer, biopsy can be performed. • The treatment of colorectal cancer depends on its size, location, and extent of its spread. Thus, its early detection and regular screening is of high importance. Colorectal Cancer Market 2014 – 2025 (USD Billion) The colorectal cancer segment of the market is expected to grow at a CAGR of 6% over the forecast period and to reach $20.7 billion in 2025. 13
Large & Growing Addressable Market • In women, breast cancer has the highest incidence rate • In women and men, colorectal cancer has the 3rd highest incidence rate Breast Cancer Screening Colorectal Cancer Screening Eligible Candidates Market Eligible Candidates Market In the EU, In the U.S., 64 M or In Asia, 50 M In the U.S., 94 M In the EU, In Asia 64 M 50 M or $1.0 B $1.2 B or $2.5 B or $2.0 B 107M or or $3.2 B $2.3 B $4.7B TAM $7.5B TAM Sources: 1) American Cancer Society, 2009 Early Prevention & Early Detection Facts and Figures 2) European Commission 2008 Report, Cancer Screening in the EU 3) United Nations Department of Economic and Social Affairs 4) IARC, 150 Cours Albert Thomas, 69372 Lyon CEDEX 08, France 14
Todos Medical Solution • No change to the standard practices for blood tests • Proprietary technology to analyze blood and detect the presence of various cancers • Todos Kit – specially prepared kit, including special glass slide and salt solution needed for the blood separation process, to ensure accurate and reliable TBIA Process in the Clinic or Lab Todos Cloud Server Same process for all indications Standard Blood Mononuclear Cells & FTIR1 Analysis with Results Reported to Draw with Todos Kit Plasma Separated Todos Algorithm Doctor 1) Fourier Transform Infra-Red (FTIR) spectroscopic analysis of the immune system‘s response to cancer 15
Cloud Based Solution Todos Medical Data Warehouse Todos Sell a Kit to the lab or clinic Patient Data from lab + Results FTIR Spectrum File Hematologic Lab 16
Innovative Technology (Immune respond and FTIR) • Total Biochemical Infrared Analysis (TBIA) – FTIR spectroscopic analysis of cancers’ impact on the immune system – Most biomarkers’ assays depend upon a single or several markers which are directly related to the tumor – TBIA observes the biochemical composition of the plasma and peripheral blood mononuclear cells (PBMCs) and learns patterns in the biochemical snapshot which are characteristics of cancer patients – Multidimensional analysis characterizes each cancer and its stage according to different biochemical profiles, or “fingerprints” Plasma & PBMC Analysis with FTIR: Simple, Automated, Cost Effective Early Cancer Detection 17
The Technology Combined FTIR Analysis of PBMC and Plasma Combined Plasma and PBMCs analysis results in high sensitivity & specificity test 18
Challenges With Current Detection Methods Breast Cancer – • Mammography Low – Cost: approx. $200 Sensitivity – Approx. 50% of women are poorly diagnosed and – Indeterminate mammograms require follow-up Specificity with MRI, 3D mammography and biopsies – High false positive cancer diagnosis rate (casing many un needed biopsies) Limited – Operator and equipment dependent Availability – Limited access to current cancer screening methods in Eastern Europe, Asia and Africa due to the high cost of diagnostic imaging equipment outlays Costly • Genetic testing (BRACA I & II) requires follow-up with MRI, 3D mammography and biopsies Follow-up – Costly in time and money 19
Challenges with Detection Methods (Cont.) Colorectal Cancer – • Colonoscopy – Cost: ~$1,000 – Difficult preparation process; fasting and invasive procedure – Approx. 60% of patients refuse to undergo a Poor Early colonoscopy; and about 80% adhere to blood Detection test – Low patience compliance contributes to increased cancer incidence Low • Stool Tests Compliance – Cost: $5 to $500 (different performances) – Poor clinical results for pre-malignant stages – Requires submission of fecal “stool” samples – Low patient compliance Painful & Invasive 20
The Solution Trifecta • Todos’ solution is a triple win appealing to all three participants Patient - Simple blood test - Early cancer detection Payer Physician - Low cost test - Patient compliance - Saving on expensive treatment - Fast detection for early stages 21 1) Based on latest clinical trials
Comparable Companies Todos Medical Exact Science Volition RX Epigenomics Provista TOMDF EXAS VNRX EPGNF Diagnostics IVD / CRC+ Breast Stool / CRC IVD CRC IVD CRC IVD Breast Early Stage Detection PPP P PP P NA Sensitivity & Specificity in PPP PPP PP PP PPP advanced cancer Target Population PPP P NA P NA Cost PPP P PP PP NA Scalable platform PPP P PP P PP Maturity PP PPP PP PPP PP Market cap * $6B $80M $120M ~ USD Note: Q1/2018; According to Todos Medical
A Superior Solution Competing Tests • Immune system indication – The only test that looks at the immune system to identify the presence of cancer • Results – Early stage cancer detection – Sensitivity and specificity in advanced cancer – Increased compliance and prevention • Simple Process – Simple blood test with fast indication for high or or low risk • Low Cost / Cost-effective Method – Centralized evaluation – Same process used for many tests 23
Publications on Clinical Results Clinical Support for Feasibility in Breast and Colorectal Cancer Screening Four Peer Reviewed Publications Over 80% sensitivity and over 80% specificity achieved in most recent studies • June 2015, Colorectal Cancer Screening: Barlev et al. Journal of Gastroenterology • May 2015, Breast Cancer Screening: Zelig et al. BMC Cancer • February 2013, Proof of concept for solid tumors: Ostrovsky et al. IEEE Transactions on Biomedical Engineering • November 2005, Leukemia trial publication: Sahu et al. Journal of Leukemia Research 24
Intellectual Property (IP) Portfolio • TODOS Medical has the exclusive worldwide rights to use the IP for commercial and R&D purposes. Three patents are currently granted: Patent Number Description Issue Date Exp. Date Category I: These applications relate to analysis of an IR spectrum of a PBMC sample. Claims are generally directed to indicating the presence of a solid tumor based on analysis of an IR spectrum of a PBMC sample. US Patent 9,606,057 Method. Presence of a solid tumor in breast tissue based on analysis of an 28-Mar-17 1-Jun-31 IR spectrum of a PBMC sample. Continuation of U.S. Patent 9,606,057 Presence of a solid tumor in tissue of a gastrointestinal tract based on 1-Jun-31 analysis of an IR spectrum of a PBMC sample. Category II: These applications relate to analysis of an IR spectrum of a blood plasma sample. Claims are generally directed to indicating the presence of a solid tumor based on analysis of an IR spectrum of a blood plasma sample. US Patent 9,719,937 Method (process), a system, and for a computer program product. The 1-Aug-17 10-May-32 claims in this application are generally directed to indicating the presence of a solid tumor in a gastrointestinal tract based on analysis of an IR spectrum of a blood plasma sample. Continuation of US Patent 9,719,937. This has claims for a method (process), a system, and for a computer 10-May-32 program product. Category III: Application relates to analysis of an IR spectrum of a blood plasma sample and PBMC samples. US Patent 9,804,145 The claims in this application are generally directed to (i) analysis of an 31-Oct-17 14-Nov-33 infrared (“IR”) spectrum of a peripheral blood mononuclear cells (“PBMC”) to indicate the presence of a benign tumor in breast tissue and in the gastrointestinal tract, and (ii) analysis of an infrared (“IR”) spectrum of a blood plasma sample to indicate the presence of a benign tumor. 25
Thank You! For Additional Information: Rami Zigdon CEO Telephone: +972-54-638-0666 | Main Office: +972-8-633-3964 rami@todosmedical.com
You can also read