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1
Pharmaceutical Research is Too Expensive and Inefficient
WWW.SCIENTIST.COM© 2017 SCIENTIST � CONFIDENTIAL
7,600,000Die of Cancer
Every Year
The Pharma Industry Spends $150+ Billion Each Year on Research and Produces About 25 New Drugs
12,500,000Die of Heart Disease
Every Year
2
7,000Rare Diseases with
No Cures
WWW.SCIENTIST.COM© 2017 SCIENTIST � CONFIDENTIAL
Key Problem Facing the Pharma Industry Today
3
How can we produce more drugs and cut costs … at the same time?
Marketplaces Can Transform Entire Industries
WWW.SCIENTIST.COM
RetailMarketplace
Transportation Marketplace
HousingMarketplace
4© 2017 SCIENTIST � CONFIDENTIAL
WWW.SCIENTIST.COM
Lower barriers to scientific innovation and collaboration in a way not previously possible.
Create many more drugs for cancer, heart disease, diabetes and thousands of other common and rare diseases.
Significantly reduce the cost of drug research.
The Right Marketplace Can Transform Pharma Research
5
ResearchMarketplace
© 2017 SCIENTIST � CONFIDENTIAL
WWW.SCIENTIST.COM
Connect Potential Partners in $100B Outsourced Research Market
6
Access To InnovationGet online access to cutting-
edge technologies.
Researchers(Pharma and Biotech)
17,000 Suppliers (100+ Countries)
InnovationMarketplace
Simplified SourcingSource in a few mouse clicks,
with faster lead time.
Productivity GainsCompetitive sourcing brings lower
prices and reduces admin costs.
Compliance OversightReduce potential for compliance
breach for human tissues…
Reporting ToolsTrack spending based on user, supplier, location or category.
© 2017 SCIENTIST � CONFIDENTIAL
WWW.SCIENTIST.COM© 2017 SCIENTIST � CONFIDENTIAL
Researchers Can Now Outsource Everything But The Genius
Human BioSamples
Custom Synthesis
Genome-Editing/Crispr
Protein Production
Animal Disease Models
Histopathology
Chemical Analysis
Custom Cell Line Creation
LC/MS Bioanalysis
Assay Development
Biomarker Discovery
Companion Diagnostics (CDX)
3D Cell Culture
Bioimaging
Antibody Humanization
High Throughput Screening
Statistics/Data Analysis
Organ-on-Chips
SNP Genotyping
Protein/Peptide Sequencing
Next Generation DNA Sequencing
Single Cell Transcriptome Analysis
Bioprinting
In Vitro Hemolysis
Cytochrome P450s
Tissue Distribution
Mouse PK
Cardiac Channels
Cancer Models
Off Target Effects …
3 , 5 0 0 + R E S E A R C H S E R V I C E S A N D C U S T O M P R O D U C T S
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WWW.SCIENTIST.COM© 2017 SCIENTIST � CONFIDENTIAL
Latest Tools and Technologies are Found in the Innovation HubTM
Find recently commercialized
technologies as well as recent academic
breakthroughs
Hundreds of cutting-edge tools, technologies and services
WWW.SCIENTIST.COM© 2017 SCIENTIST � CONFIDENTIAL
Help From the Research Concierge
Relationship ManagementMS/PhD Scientists with Sourcing Expertise
• Improve user requests
• Help select best suppliers
• Ensure suppliers respond
• Help users troubleshoot
• Prepare reports
WWW.SCIENTIST.COM© 2017 SCIENTIST � CONFIDENTIAL
Universal Legal Agreement for Low Risk Purchases
Signed by 12 Drug Companies and 1,820+ Suppliers
Universal Purchase AgreementSupplier-friendly MSA with standard terms for low risk services. Two easy ways to amend terms. Existing agreements have priority.
CDA – Confidentiality
MTA – Material transfer
MSA – IP & dispute resolution
WWW.SCIENTIST.COM© 2017 SCIENTIST � CONFIDENTIAL
Example – Sourcing of Human Biological Samples
Bodily Fluids � Organs � DNA / RNA / ProteinTissue Sections � Primary Cells
A New Industry Standard:
• Standard Legal Contract
• Supplier Evaluation Questionnaire
• Supplier Management Tools
• Internal Approval Process
WWW.SCIENTIST.COM
Summary Stats – Sourcing of Human Biological Samples
Human sample orders across marketplace in 2015/16
Average cycle time reduction90%
Minimum savings if get more than one quote15%
Total spend on human sample orders $18M
Place to verify user & supplier compliance1© 2017 SCIENTIST � CONFIDENTIAL
1,025
WWW.SCIENTIST.COM© 2017 SCIENTIST � CONFIDENTIAL
Rapid Request Turn-Around
*Average time from request to final proposal (SOW)2.9days
*Average time from final proposal to purchase order5.6days
*Based on 1,025 purchase orders in 2015/16
WWW.SCIENTIST.COM© 2017 SCIENTIST � CONFIDENTIAL
1 Supplier >1 Supplier >5 Suppliers >10 Suppliers
# Orders 779 246 172 113
Efficiency Gain 0% 15% 19% 21%
Resulted in $0.84M in reduced sample acquisition costs. If received multiple quotes for all orders, could have saved an additional $2.6M+
Potential for Greater Savings
Total Category Spend (Human Samples) = $18M
© 2017 SCIENTIST � CONFIDENTIAL
Cost Savings Vary Based on Scientific Category
15-60%
*Savings are calculated by comparing the winning quote to the average quote
Orders 1 Supplier >1 Supplier >5 Suppliers >10 Suppliers
# Human Sample Acquisitions 779 246 172 113
Savings 0% 15% 19% 21%
# Compound Synthesis Projects 28 190 160 97
Savings 0% 45% 51% 50%
# Protein Engineering Projects 100 82 60 43
Savings 0% 20% 27% 37%
user savings
Up-to-Date Marketplace KPIs, Metrics and Spend data
WWW.SCIENTIST.COM© 2017 SCIENTIST � CONFIDENTIAL
WWW.SCIENTIST.COM© 2017 SCIENTIST � CONFIDENTIAL
Marketplace Value Proposition
ü On-Demand Purchasing (Time Savings)
ü Supplier Consolidation (Simplification)
ü Access to Latest Tools & Technologies (Innovation)
ü Reduced Overhead (Indirect Cost Savings)
ü Enhanced Competition (Direct Cost Savings)
ü Greater Compliance (Risk Reduction)
WWW.SCIENTIST.COM© 2017 SCIENTIST � CONFIDENTIAL
Marketplace Costs
Cost to Users (Pharma, Biotechs, Virtual …) = $0
Cost to Suppliers = 3-5% Commission on Purchases
WWW.SCIENTIST.COM© 2017 SCIENTIST � CONFIDENTIAL
Scientist is One of Country’s Fastest-Growing Private Companies
2015
495%
905th
2,574%
137th
15,186%
7th
19
2016 2017 (Low Est.)
% Growth*
INC 5000 Projected Position
*% Growth = Revenue - Revenue (-3yr) / Revenue (-3yr)
WWW.SCIENTIST.COM© 2017 SCIENTIST � CONFIDENTIAL
How Do We Do More With Less?
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Outsource Everything But The Genius™