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Revolu’onising Rou’ne Sepsis Diagnos’cs

Revolu’onising Rou’ne Sepsis Diagnos’cs · 2016. 12. 16. · Company Overview Ø Focused on rapid assessment of bloodstream infec’on directed towards sepsis and the fight

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  • Revolu'onisingRou'neSepsisDiagnos'cs

  • Company Overview

    Ø  Focusedonrapidassessmentofbloodstreaminfec'ondirectedtowardssepsisandthefightagainst‘superbugs’

    Ø  14staffbasednearOxford(R&D,marke'ng)andCardiff(manufacturing,admin)

    Ø  7patentfamiliesownedbyMomentum,onegrantedUS/EU;3licensedfromZEUSScien'ficnowbeingassigned

    Ø  Fundedtodatethroughacombina'onofequityinvestorsandgrantstotaling£6.2m&£1.4mrespec'vely

    Ø  ManualCognitor®MinusCEmarkedproductintroducedandgenera'ngdatatobuildmarketawareness

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  • The Problem

    SepsiscoststheUShealthcare$20bnperyear

    Sepsisclaimsmorelivesthananycancer

    Sepsisaccountsfor1.6mUSadmissions

    110mbloodculturestestsannually

    90%ofbloodculturesresultsarenega've

    Nega'vepa'entsremainonunnecessaryan'bio'csforup

    to5days

    Reducingtheuseofunnecessaryan2bio2csisakeyfeatureofgovernmentpolicyglobally.TheO’Neillreportspecificallyhighlightsrapiddiagnos2csasakeyrecommenda2on

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  • The Market

    Othermicrobiologymethods

    Tradi'onalBC:$0.9bn~3%growth

    NucleicAcidbasedmolecular:$1.3bn

    ~8%growth

    90%Nega'veBloodCulture

    Confirmedat5days

    10%BCposi've(7%infirst18hr,3%innext4days)

    Nega'veBloodCulture

    LateBC–3%

    EarlyBC–7%

    MicrobiologyMarket:$4.8bn~3.5%growth

    TheautomatedCognitor®Systemaddressesthe93%ofpa2entswai2ngforposi2veiden2fica2onandnega2veconfirma2onthroughastrategyoftargetedadop2on

    Effec2vepa2entmanagementcurrentlyremainslimitedbylengthy2metoresultofbloodculture

    Notto

    scale;B

    C=Bloo

    dCu

    lture

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    Cognitor®reportsnega'vesandslowgrowingposi'vesin

  • Sampleclean-up:Followingsamplelysis,residual

    enzymesoutsidethetargetmicro-organismsareinactivated.

    Microbial lysis:Targetmicro-organismsarelysed.DNA-modifyingenzymes,

    includingDNApolymerase,are

    released.

    Substratemodification:TheDNA-modifyingenzymesareincubatedwithsyntheticDNA

    substrate.Thisisthenmodifiedtocreateatemplate

    forPCR.

    PCRtemplate:Thisisamplified&measuredusingqPCR.Ifthereare

    nomicro-organisms

    present,thePCRtargetwillnotbecreatedand

    amplificationwillnotoccur.

    Specimen:Suspectedofcontaining

    bacteriaor fungi

    The Technology: ETGA

    ETGAisabletocombinethespeedandsensi'vityofPCRwiththe

    universalnatureofbloodculture

    Enzyma'cTemplateGenera'onandAmplifica'onThespeed&sensi7vityofPCRwiththeuniversalnatureofbloodculture

    Asuperiorlimitofdetec'on(1,000–10,000x)comparedtobloodculture

    allowsCognitor®topickupinfec'onsbloodculturemisses

    Furtherapplica'onsincludedifferen'a'onandcategorisa'onof

    posi'vepathogensandan'microbialsuscep'bilitytes'ng

    Momentumownspatentscoveringthedetec2onofbacteria&fungi,theabsenceofmicroorganisms&detec2onofviableorganisms.

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  • The Pa>entsMom

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    EarlyOnsetSepsisinNeonates•  Avoidtoxican'bio'cs•  Getmotherandbabyhomeearly•  MeetNICEguidelines

    AdultIntensiveCare•  Significantcri'calcarecosts•  Reducespa'entburden•  Supportsstewardshipini'a'ves

    TrialData:-  Sheffield:124Neonates-  Basingstoke&

    Winchester:246pa'ents

    -  UCLH:AdultICU

    -  AlderHey:PaediatricOncology/Haematology

    Acomprehensivetrialplantoincludehealtheconomicswillsupportarapidadop2onstrategyoftheautomatedCognitor®System

  • The Strategy

    Ø  Focus:Earlyonsetsepsisinneonatesandpa'entsin

    Ø  Automate:TheCognitor®Systemwillrunupto18tests/dayinasingleshim

    Ø  Demonstrate:Clinical&economicu'lityintargetedpa'entgroups

    Ø  Scale-up:AchieveFDA510(k)clearance&CEMarkin2019forautoma'on

    Throughfocusandtargetedadop2on,Momentumisabletodevelopkeydata,generatesupportfromKOLsandbuildastrongplaNormforcon2nuedgrowth

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    EarlierAdoption

    LaterAdoption

    Earlyonsetsepsisinneonates

    Intensivecareunits

    GeneralMedicalwardswithselectively

    improvingpatients

    Othermedical/surgicalwards

    HigherMedical

    Need

    Increased

    Savings

    BCTe

    stsperfo

    rmedann

    ually(U

    SA,UK,France,German

    y,SpainNe

    therland

    s)

    Ratio

    nale

    1.1M

    7.0M

    9.0M

    >10.0M

    Preventa2nd doseoftoxic

    gentamicin at36hrsandgetmotherandbabyhomesooner

    Preventover-useofantibiotics

    andassociatedmultidrugresistance

    EarlydischargeandIVtooral

    antibioticswitch

    Includesoncology,otherpaediatrics

    &surgicalpatients includingthosegroupsat lowriskofinfection

    Momentum CommercialAdoption Pyramid

  • Contact:SumiThaker,[email protected]+447464606666