Dr. CN Ramchand CEO, Saksin lifesciences Pvt. Ltd Chennai & San Francisco Module No:306, 3rd Floor, Phase2, Ticel Bio Bio Park, Taramani, Chennai - 600 113| Module No:306, 3rd Floor, Phase2, Ticel Park, Taramani, Chennai - 600 113| www.saksinlife.com www.saksinlife.com General outline Funding and development of biotech start-ups My experiences Overview-India & in Kerala Module No:306, 3rd Floor, Phase2, Ticel Bio Park, Taramani, Chennai - 600 113| www.saksinlife.com 2 Vice President & Head of New Drug Discovery President and CEO Chief Scientific Officer President & CEO Director & World Wide executive member Advisor Advisor Scientific publications = > 150 Conferences organized => 8 Patents => 60 Value added basic research The Fish oil story Curcumin based products Nanoparticles for biological applications 4 Module No:306, 3rd Floor, Phase2, Ticel Bio Park, Taramani, Chennai - 600 113| www.saksinlife.com 5 Major players in the country 6 Advantage India Skilled manpower Ecological /Cultural diversity Large consumer base Ancient knowledge Agricultural base strong English proficiency Government funding/Venture funding Good IT support Raw materials aplenty Indian biotech in global context Leadership vacuum Shortage on mentors, advisors Publications and Patents still less Less number of R&D Institutes & Universities Research in Industry not significant yet Lack of awareness about opportunities No dialogue between academics and industries Less number of startups Academia not ready to take risk for a venture One mentionable point University’s role in supporting Innovation & Entrepreneurship Spun off from Oxford University in 1993 Spun off from Cavendish Laboratory at the University of Cambridge in 2000 Spun off from Oxford University in 1959 Spun off from Carnegie Mellon University in 1994 9 Country Period No. Spinouts US 19802003 4543 Canada 19622003 1100 France 19842005 1230 Netherlands 19801990s 300 Australia 19841999 97 UK 19812003 1650 10 Columbia University- >100 spin offs 11 12 Roadmap to success Learning by example 14 Reverse pharmacology Module No:306, 3rd Floor, Phase2, Ticel Bio Park, Taramani, Chennai - 600 113| www.saksinlife.com 15 Conventional drug discovery Associated issues Strategy 16 17 Source Active Phytochemical Curcumin Application Anti-inflammatory, antioxidant, antiamyloid, antiarthritic. Capsaicin Long-term analgesic, anti-inflammary, anti-psoriasis. 6-Gingerol Antitumor, anti-carcenogenic, antiarthritic. Epicatechin gallate Strong antioxidant, Anti-inflammatory, anti-HIV. Lycopene Anti-ageing, antioxidant, antidiabetic. Source Active Phytochemical Resvertrol Caffeic acid phenethyl ester Diallyl sulphide Application Neuroprotective, Cardioprotective antidiabetic, antiviral. Anti-inflammatory, antimitogenic, antifungal. Antimicrobial, antioxidant. Indole-3-carbinol Anticarcinogenic, antioxidant, antiatherogenic. Sulphoraphane Inhibits H. pylori, anticarcinogenic. 18 Development of Novel biologics at Saksin Lifesciences Wet AMD Module No:306, 3rd Floor, Phase2, Ticel Bio Park, Taramani, Chennai - 600 113| www.saksinlife.com 19 Module No:306, 3rd Floor, Phase2, Ticel Bio Park, Taramani, Chennai - 600 113| www.saksinlife.com Age related AMD Dry, or Atrophic or Non-neovascular macular degeneration Macula Optic disc Wet AMD Fovea centralis Dry AMD Wet or Exudative or Neovascular macular degeneration Abnormal blood vessels begin to grow underneath the retina Blood vessels may leak fluid or blood, blurring or distorting central vision. Disease causing factor Mechanism of the novel drug Disease causing factor Receptor in eyes Disease complex formed AMD No AMD Disease causing factor No complex formed Anti-VEGF Fab DNA extraction using magnetic nanoparticles Module No:306, 3rd Floor, Phase2, Ticel Bio Park, Taramani, Chennai - 600 113| www.saksinlife.com Magnetic nanoparticles Applicable to various biological systems Can be performed without using sophisticated instruments using DNA extraction High yield and purity Magnetic nanoparticles Easy to use for large number of samples Quick and robust UK patent application GB 2455780. Patent application number 1067/MUM/2006 Patent application number 5676/CHE/2014 Viable applications Healthcare r-DNA Products, Vaccines & Diagnostics, Monoclonal Antibodies, Stem Cells, Tissue Specific delivery methods Agriculture GM crops, Micro-propagation, Bio-fertilizers & Biopesticides, Animal Improvement Environment Soil & Water remediation, Bio-safety & GMOs Industry Enzymes , Fermentation based Products & Food, Biotech Instruments & Equipment, Bio-energy & Bio-fuel, Bioinformatics, Bio-mining 27 28 Technology development funds Market entry funds Technology scale-up /validation/de-risking funds Technology in-licensing funds Funds for patent protection Expansion funds 29 Funding Government of India/Kerala Venture capitalist For more information visit : http://www.venturecenter.co. in/funding 30 Department of Scientific & Industrial Research (DSIR) National Research Development Corporation (NRDC) Major funding sources Ministry of Micro Small Medium Enterprises (MoMSME) Department of Bio-Technology (DBT) Department of Science and Technology (DST) World Bank & ICICI Bank collaboration National Innovation Foundation (NIF) Bill and Melinda Gates Foundation Kerala Venture Capital Fund Amrita Vishwa Vidhyapeetham- TBI 31 Biotechnology in India/Kerala-Thrust areas Module No:306, 3rd Floor, Phase2, Ticel Bio Park, Taramani, Chennai - 600 113| www.saksinlife.com 32 Advantage Kerala Module No:306, 3rd Floor, Phase2, Ticel Bio Park, Taramani, Chennai - 600 113| www.saksinlife.com 33 34 Prebiotics & Probiotics FCR enhancers Agri-foods Pharmaco-genomics and Nutri-genomics 35 Regional Cancer Center, Thiruvananthapuram Central Institute of Fisheries Technology, Ernakulam Kerala Agricultural University, Vellayani Regional Research Laboratory, Thiruvananthapuram Center for Water Resources Development and Management, Kunnamangalam, Kozhikode Major research institutes in Kerala Indian Cardamom Research Institute, Myladumpara, Idukki National Research Center for Oil Palm (Regional Center), Palode, Thiruvananthapuram Indian Institute of Spices Research, Kozhikode Central Marine Fisheries Research Institute, Ernakulam Central Tuber Crops Research Institute, Thiruvananthapuram Central Plantation Crops Research Institute, Kasargod Rubber Research Institute of India, Kottayam Central Coir Research Institute, Kalavoor, Alappuzha Kerala Forest Research Institute, Peechi 36 37