Cancer Radio Luminescence Therapy Unlocking the Potential of Photodynamic/Ultraviolet Light Therapy (PDT/UV-A) in Deep Tumor Treatment Confidential and Proprietary The Team 5 0 Ye a r s o f C u m u l a t i v e E x p e r i e n c e in Healthcare & business Management Founders You-Yeon Won Rachel Kim Purdue Professor of Chemical Engineering 10+ years in Corporate Finance Management Team Confidential and Proprietary Wade Lange Scott Clark 30 years experience in Healthcare (Big Pharma, CRO, Biotech Startup 3 years experience in Healthcare (CRO) 2 The Problem X-Ray Therapy: standard treatment for almost half of cancer patients Limitations: • • • • Confidential and Proprietary Tissue Burn, Cell Damage Multiple costly hospital visits Not for frail patients Radio resistant tumors 3 The Solution T h e L o d o s Te c h n o l o g y CaWO4 RLNPs 1) Inject RLNPs directly into the tumor 3) Activated RLNPs emit UV light and destroy the tumor 2) EBR (X-Ray) Activates RLNPs C o m b i n a t i o n o f X - R a y & U V L i g h t d e s t r o y Tu m o r Without Deep Penetration into Surrounding Tissue Confidential and Proprietary 4 Market & Lodos Potential T h e L o d o s Te c h n o l o g y Cancer Incidence by Major Region Cancer Incidence by Tumor Type Addressable Patient Population 5.28M New Cases 2017 >90% are Solid Tumors 2.5M Patients 0 5 13% 1.69M 2.61M Breast 11% US Japan Prostate 5.28 M Colo-rectal 51% EU 12% Lung Other 0.98M ESTIMATED NEW CANCER CASES 13% PATIENTS RECEIVING EXTERNAL BEAM RADIATION (EBR OR X-RAY) 2.5 M Source: ACS, EUCAN, Ministry of Health in Japan Lodos Revenue Potential - If 10% of the EBR population were treated with Lodos technology, at an average price range of $4000 -$5,000, the potential sales would be between $1.0B - $1.3B/yr. Confidential and Proprietary 5 Competition Current & Future Radiation Approaches CURRENT Form Radiation Chemotherapy FUTURE Nanobiotics Magforce Confidential and Proprietary Mechanism of Action X-Rays Alone Limitations Systemic Side Effects X-Rays plus Chemotherapy Drugs Additive X-Ray & Chemo side effects Enhances radiation within tumor Damages healthy tissue near tumor (Nanoparticles release free electrons when x-ray is activated) Magnetically-Generated Heat (Alternating magnetic current heats nanoparticles, killing nearby cells) Less effective against Radio-resistant tumors Damages healthy tissue near tumor 6 Business Model Development & Partnership IND Inflection: Preferred Time to Partner Development Stage Preclinical Development Cost $3M $11 M Development Time 2 Years 3 Years Phase I Phase II Phase III Commercialization Cost effective regulatory pathway with clear value inflection point Confidential and Proprietary 7 Marketing Already Ahead • Limited number of radiation oncologists (~5000 each in US and Europe) • Allows for sales coverage with a small sales force • Attractive to potential partner organizations • Does not require purchase of new capital • Does not require changes to practice patterns Confidential and Proprietary 8 3-Year Milestones Projection of Achievable Goals • Complete In-Progress Proof-of-Concept Studies (<12 months) • Clinical Protocol Development (12-18 months) • Formulation Optimization (12-18 months) • GLP/GMP Manufacturing Capability (18-24 months) • GLP/GMP Preclinical Trials (24-36 months) • IND Application for Human Clinical Testing (36 months) Confidential and Proprietary 9 Use of Funds Progression and Upkeep • Patent and Licensing Upkeep (~$10K) • Laboratory Studies (~$10K) • Proof-of-Concept Completion • Formula Optimization • Development of Manufacturing Capability Confidential and Proprietary 10 Lodos Theranostics [Point of Contact] [Phone Number] [Email Address] [Website]