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Innovating for a Cure: Insights from MDA’s Leaders on the Future of DMD Research 

29 Aug

Interview with Scott Kozak, Vice President of Research & Development, with contributions from Dr. Angela Lek, Vice President of Research at Muscular Dystrophy Association (MDA) By Caitlin Dolegowski, Marketing Manager, LSN

scott-kozakScott Kozak dr.-angela-lekDr. Angela Lek CaitiCaitlin Dolegowski

I had the opportunity to interview Scott Kozak, Vice President of Research & Development, with contributions from Dr. Angela Lek, Vice President of Research, both at the Muscular Dystrophy Association (MDA), a title sponsor at upcoming RESI Boston. As leading figures in MDA’s mission to advance treatments and find cures for neuromuscular diseases, Scott and Angela bring a wealth of experience and a shared dedication to improving patient outcomes. In this interview, they discuss their professional backgrounds, the latest advancements in research, and offer valuable advice for early-stage companies in the field of Duchenne muscular dystrophy (DMD) research.

Caitlin Dolegowski (CD): Scott, can you share a bit about your background and what led you to your current role as Vice President of Research & Development at the Muscular Dystrophy Association?

MDA: Sure. I have been in the pharmaceutical industry for 35 years. Most of that time has been concentrated on licensing & business/corporate development. I have held senior positions in Big Pharma & Specialty Pharma before concentrating on the entrepreneurial route, co-founding 3 companies along with my own consulting company. As an Entrepreneur In Residence for Yale Ventures, The University of Connecticut Center for Entrepreneurial Innovation, and Connecticut Innovations, I have helped many start-ups with business plans and fundraising as well as helping university faculty & students start companies. My role at MDA was a perfect fit for the experience I have gained throughout my years in the industry. I support the Research areas from a business perspective, which covers strategy, negotiation and other partnering activities for MDA Grants, Venture Philanthropy, MOVR, our patient registry of Real-World Data (RWE), and KickStart, a program encompassing MDA in-licensing IP and partnering for the development of therapeutics for the first time.

CD: What advice would you give to early-stage companies looking to access grants for DMD research, and what resources or programs does MDA offer to support them in this process?

MDA: Advice: It is never too early to reach out to MDA’s research team to initiate conversations about your drug or device development plans. We can provide disease-specific insights, patient perspectives, guidance on trial design as well as help connect you with the right experts in the field. We also highly recommend engaging with TREAT-NMD’s Advisory Committee for Therapeutics (TACT) to receive a comprehensive review on your drug development plans by a multidisciplinary team of experts in the neuromuscular disease space: https://www.treat-nmd.org/what-we-do/tact/

Resources/programs: MDA Venture Philanthropy (MVP) awards early-stage companies with promising therapies in development to treat neuromuscular conditions: https://www.mda.org/science/mda-venture-philanthropy

CD: As we explore innovative approaches in DMD treatment, can you explain the significance of Myosana’s non-viral delivery platform and how it differs from current viral delivery methods?

MDA: Myosana’s non-viral platform differs from AAV-based delivery methods because the therapeutic transgene is not packaged in an existing biological delivery vehicle. Instead, the platform includes proprietary components to deliver DNA that is stable in circulation and can assist in movement from blood vessels to muscle by targeting the GLUT4 transporter that is enriched in skeletal and cardiac muscles. The GLUT4 transporter naturally undergoes trafficking from internal stores to the muscle surface and then back again. The Myosana platform is designed to hitch a ride on GLUT4, leading to internalization of the cargo. Once inside the cell, the DNA cargo is optimized for nuclear targeting and expression.

Myosana’s non-viral delivery platform to deliver full-length dystrophin is mutation agnostic and is anticipated to benefit the entire DMD patient population. In addition, the technology overcomes known hurdles associated with current viral delivery methods utilized in gene therapy such as adeno-associated viruses (AAV) by: 1) not limiting gene size; 2) potential for repeat dosing due to lack of immune response; 3) enriched cardiac and skeletal muscle targeting via the GLUT4 receptor; 4) a predicted decreased cost of goods and better scalability.

CD: What are the potential advantages of delivering the full-length dystrophin gene compared to current microdystrophin approaches?

MDA: Full-length gene delivery of dystrophin at sufficient doses is anticipated to restore full functionality of the dystrophin protein at the sarcolemma, thus achieving a better result than current microdystrophin gene replacement therapy developed for DMD. Microdystrophin gene constructs currently in clinical development are approximately a third the size of full-length dystrophin and can at best achieve a milder Becker Muscular Dystrophy phenotype.

CD: How might Myosana’s technology address some of the limitations of existing gene therapies for DMD, such as gene size restrictions and the inability to repeat doses?

MDA: Currently, patients who test positive for pre-existing AAV antibodies are currently not eligible to receive AAV-based therapies due to immune-related safety concerns. This also precludes patients from being able to receive AAV-based therapies more than once. Myosana’s non-immunogenic platform is not anticipated to exclude any patients based on pre-existing immune concerns. Importantly, current gene therapy technologies are not optimized for durability, hence the ability to re-dose presents a very attractive option for Myosana’s platform.

Myosana’s non-viral delivery platform can be adapted to deliver gene cargoes without the size limitation of AAV. This opens doors for gene replacement therapy across a range of NMDs with genes that exceed the size limit for AAV packaging (e.g. Titin, Nebulin, LAMA2, Dysferlin, RYR1). The lack of size limitation also makes fine-tuning regulation of the transgene expression theoretically feasible by allowing for the use of native promoters and or additional regulatory elements.

CD: Could you elaborate on the mutation-agnostic nature of this approach and its potential to benefit the entire DMD patient population?

MDA: Despite FDA approval for exon skipping drugs for Duchenne (eteplirsen, golodiresen, casimersen, vitolorsen), there is still significant unmet need for the DMD patient population. These specific drugs target only a subset of patients with mutations in hotspot exons of the DMD gene, excluding those with pathogenic mutations that do not fall in exons 45, 51, 53. The recently approved Elevidys gene replacement therapy delivers a truncated version of the dystrophin gene that aims to achieve a milder Becker-like phenotype in patients. The ability to deliver sufficient quantities of full-length dystrophin may be necessary for the maximum achievable benefit and should be helpful to all DMD/BMD patients regardless of their disease-causing mutation.

CD: How does MDA’s support for Myosana’s research align with the organization’s history of funding DMD research, dating back to the identification of the dystrophin gene in 1986?

MDA: MDA has a strong track record in funding DMD research, dating back to the 1980s when we funded Dr. Louis Kunkel who discovered the dystrophin gene as the disease-causing gene responsible for DMD. Over the years, MDA has funded a range of DMD projects ranging from basic science research to clinical trials. Importantly, MDA supported Dr. Jeffrey Chamberlain and his research into understanding the function of dystrophin and whose pivotal findings have enabled the identification of the most functionally important regions of dystrophin. This vital knowledge has enabled the generation of miniaturized dystrophin gene therapies pursued by several companies. MDA also funded Dr. Jerry Mendell who conducted early AAV-based gene therapy trials and pioneered systemic delivery for muscular dystrophies. We continue to support cutting edge therapy development, identifying new technologies that can fill an unmet need in DMD. Myosana was selected for investment via our MVP program committee because their platform represents an alternative option to viral-based gene therapies and potentially holds tremendous therapeutic benefit through the restoration of the full-length dystrophin gene.

CD: What are your expectations for the development of genetic treatment options for DMD patients in the coming years?

MDA: Our expectation for genetic treatment options is to ensure that every patient is eligible for treatment that can restore dystrophin to therapeutic levels that is sustained over many years, thus allowing patients to life longer and more independent lives.

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Navigating Diagnostics Investment at RESI Boston

29 Aug

By Faith Patenaude, Investor Research Analyst, LSN

Faith

The upcoming RESI Boston conference on September 25, 2024, will feature a Diagnostics panel focused on advancements for personalized care and medicine. This panel, scheduled for 2:00 PM at The Westin Copley Place, brings together a distinguished group of investors to discuss the latest trends and opportunities in the diagnostics sector. The panel will explore investments in innovative diagnostics technologies, covering a wide range of areas including in vitro diagnostics (IVD), genomics, and precision medicine. Panelists will share insights on current areas of interest within the diagnostics field and discuss the challenges faced by companies in this competitive ecosystem. Key topics to be addressed include:

  1. Current investment trends in diagnostics
  2. Navigating the competitive landscape
  3. Common red flags for investors
  4. Examples of successful deals

The panel features experienced investors from various firms:

Bruce-CohenBruce Cohen (Moderator)
Venture Partner
Xeraya Capital
Nat-BrinnNat Brinn
Partner
VC23
Deborah-HemingwayDeborah Hemingway
Managing Partner
Ecphora Capital
Hannah-MamuszkaHannah Mamuszka
Managing Partner
10Edison Capital
James-MurrayJames Murray
Partner
ExSight Ventures
Soyoung-ParkSoyoung Park
General Partner
1004 Venture Partners

These experts will offer valuable advice to startups on successfully fundraising for their diagnostic technologies. They will discuss strategies for approaching and building relationships with relevant investors and ways to address developmental and regulatory hurdles. For entrepreneurs in the diagnostics space, this panel presents a unique opportunity to gain insights into investor perspectives and learn about the key milestones that can make their companies more attractive to potential funders. The discussion will likely touch on how advancements in diagnostics are driving personalized care and medicine forward, making this an essential session for anyone involved in this rapidly evolving field. The Diagnostics panel is part of the larger RESI conference series, with many interesting panels covering different investor types and investment sectors. For those interested in attending, RESI Boston 2024 will take place on September 25 at The Westin Copley Place, followed by two days of virtual partnering on September 26-27.

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Partnering with Pharma Panel at RESI Boston: A Gateway for Startups

22 Aug

By Momo Yamamoto, Investor Research Analyst, LSN

The Partnering with Pharma panel at RESI Boston is set to be an enlightening session for startups and investors. It will focus on the critical intersection between innovative therapeutics and big pharmaceutical companies. As the industry increasingly seeks external sources for groundbreaking therapies, this panel will delve into the strategies and processes that major pharmaceutical players employ to identify and evaluate early-stage assets.

Partnering with Pharma Panel Speakers

Gauri-NairGauri Nair
Senior Director Business Development
AbCellera
(Moderator)
Fabrizio ConicellaFabrizio Conicella
Head COI&C, Center of Open Innovation & Competence
Chiesi
Neel-DesaiNeel Desai
Executive Director, Business Development & Licensing
Biogen
Asli Sahin
Search & Evaluation, Neuroscience, Sr. Manager, Strategy Leadership Program
AbbVie
Deepa Talpade
Head of BD&L, Oncology and Radiology
Bayer
Joshi Venugopal
Head of Region Europe, Novartis Gene Therapy & Rare Diseases, Senior VP
Novartis

Key Topics of Discussion

The panel will cover several essential aspects of the pharma-startup relationship. One of the focal points will be how pharma companies source promising early-stage assets. The discussion will likely explore various strategies, including participation in conferences and pitch events, forming academic partnerships, and utilizing advanced technologies like AI and data analytics to identify potential candidates. Another critical topic will be these companies’ evaluation process when assessing potential acquisitions or partnerships. Panelists will share insights into their due diligence procedures, the criteria they use to gauge scientific validity and market potential, and the frameworks they employ for risk assessment. The conversation will also touch on the specific therapeutic areas and technologies that currently pique the interest of big pharma. Understanding these areas is invaluable for startups looking to align their research and development efforts with industry demand. Furthermore, the panel will address how early in the development process pharmaceutical companies are willing to engage with startups, discussing opportunities for pre-clinical partnerships, seed funding initiatives, and involvement in incubator and accelerator programs.

Practical Advice for Startups

A significant benefit of this panel will be the practical advice offered to startups on effectively pitching their assets to big pharma. Panelists will guide tailoring presentations to align with specific company interests, demonstrating clear value propositions, and proactively addressing potential concerns that may arise during discussions.

Industry Trends and Future Outlook

With a diverse lineup of panelists representing major companies, attendees can expect a comprehensive view of current trends within the pharmaceutical industry. The discussion will likely cover emerging therapeutic modalities, the shifting regulatory landscape, and the growing impact of AI and machine learning on drug discovery.

The Partnering with Pharma panel at RESI Boston promises to be a valuable resource for startups navigating the complex landscape of pharmaceutical partnerships. By offering insider knowledge on how big pharma approaches early-stage assets, this session will equip attendees with the insights needed to successfully position their innovations in a competitive market. With expert perspectives from industry leaders, the panel is poised to illuminate the path forward for startups seeking to make their mark in the ever-evolving world of therapeutics.

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Mastering the Art of Fundraising: Essential Strategies for Startups 

22 Aug

By Dennis Ford, Founder and CEO of Life Science Nation

Understanding the nuances of startup fundraising is crucial in the competitive landscape. Many startups overlook the fact that they are navigating a space governed by capital investors and licensing partners. To succeed, it’s imperative to not only be innovative but also grasp what these partners are seeking. Here are some essential strategies to enhance your fundraising efforts.

Understand the Investor’s Perspective

One of the most common pieces of feedback from investors is the need for startups to make it easy for them to say “yes” to a meeting. This begins with thorough preparation and research. Knowing potential partners’ interests, portfolios, and investment criteria can increase your chances of securing a meeting. Please clearly explain how your objectives align with their focus areas when you reach out. A well-prepared approach boosts your credibility and sets the stage for a productive conversation.

Prepare for a Long-Term Campaign

Fundraising is not a sprint; it’s a marathon. Many startups may feel ready for a thirty-minute pitch but fail to grasp that a successful fundraising campaign can span 12 to 18 months. This process requires a substantial investment of time and resources. Be prepared to travel to conferences, leverage service providers, and engage in strategic networking. Additionally, having a solid financial plan to sustain operations during this period is essential. Complaining about being cash-strapped can be a significant red flag for investors, so exploring all avenues to secure the necessary funds is crucial.

Develop a Compelling Narrative

A well-crafted narrative can be one of your most powerful tools in fundraising. Clearly define your problem, outline your unique approach, and explain how your solution stands out from the competition. When you present a compelling story alongside hard data, you create a more persuasive pitch that captivates potential investors. This combination informs, inspires, and motivates them to invest in your vision.

Build a Strong Advisory Board

It would be great if you established a robust advisory board composed of experienced professionals in your industry. These advisors can provide invaluable insights and connections that facilitate the fundraising process. Engaging seasoned professionals who understand the landscape helps navigate the complexities of capital fundraising, ensuring you are better prepared to meet your goals.

You Need to Invest Cash in the Process

Finally, it’s important to recognize that successful fundraising often requires a significant financial investment. Startups should be prepared to allocate up to $100,000 per year just for fundraising activities. This investment is crucial for sustaining operations and exploring funding opportunities, even those outside your comfort zone. Early-stage life science companies must get the basics right to secure the necessary funding for growth.

Attention International Companies in Boston the Week of September 23rd – LSN Is Hosting a Soft-Landing Event at The CIC in Kendall Square

22 Aug

By Greg Mannix, VP, EMEA Business Development, LSN

On September 24th, 2024, Life Science Nation (LSN) is offering an exclusive opportunity for RESI Boston attendees and other international companies in Boston that week to gain invaluable insights into the world-renowned Boston-Cambridge life science hub. This free, pre-conference event, titled “Landing Your Company in the Boston Life Science Ecosystem,” is specifically designed to help companies tap into the resources of this thriving ecosystem and establish a strong presence in the US market. Space is limited and registrations will be accepted on a first come, first serve basis.

Event Details

  • Date and Time: September 24th, 2024, 9:00 AM – 4:00 PM
  • Location: CIC Cambridge, 5th Floor, One Broadway, Cambridge, MA
  • Cost: Free for RESI Boston attendees and other international companies in Boston during Boston Biotech Week – Sign Up Here

For more information please contact us at RESI@LifeScienceNation.com.

The day will conclude with a networking reception, providing an excellent opportunity for participants to connect with industry leaders, potential partners, and fellow innovators.

Attending this informative session will allow participants to gain firsthand insights from key players in the Boston-Cambridge life science ecosystem. Experts will share their knowledge about what makes this area unique and how companies can effectively leverage their resources for growth and success.

For international companies looking to establish a presence in the United States, this event is particularly valuable. It offers crucial information on entering the US life science market through one of its most prominent hubs. Attendees will learn how to navigate the landscape, optimize resources, and tap into the vast opportunities available in the Boston-Cambridge area.

The Boston-Cambridge region is globally recognized as a powerhouse in life sciences, characterized by a dense concentration of world-class research institutions and hospitals, a robust network of venture capital firms and investors, and access to top-tier talent from renowned universities. The collaborative ecosystem here fosters innovation and growth, making it an ideal environment for companies at all stages of development.

This pre-RESI event is an excellent opportunity to kickstart your experience at RESI Boston with valuable insights into one of the world’s most dynamic life science ecosystems. For more information or to register, please contact resi@lifesciencenation.com. Don’t miss out on this chance to elevate your company’s presence in the thriving Boston life science community!

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Family Office Perspectives on Early-Stage Investments

15 Aug

By Dennis Ford, Founder and CEO of Life Science Nation

Family offices are emerging as influential investors in the early-stage life sciences sector, leveraging their unique position to support innovation while seeking promising financial returns. Register for our free virtual family office panel. These investment entities align their strategies with personal values, contributing to healthcare advancements and enhancing their families’ legacies. As the life sciences sector evolves, the collaboration between family offices and early-stage companies is expected to grow, potentially leading to significant societal impacts. Life Science Nation curates one of the largest databases of family offices that focus on the healthcare arena, with over 700 offices. The most prominent family offices have the potential to distribute allocations exceeding $100M, though most, a remarkable 95% fall into the Seed, Series A, and Series B with mandates to allocate between $250K to $50M, which bodes well for the early-stage companies.

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Family Office Panel at RESI Boston

Several Family Offices will share their insights on early-stage investments at the upcoming RESI conference on September 25th at the Westin Copley, Back Bay, Boston. Notable speakers include Michael Langer, Co-Founder & Managing Partner of T.Rx Capital; Sunil Shah, Co-Founder of o2h Group and CEO of o2h Ventures; John Parker, Founder of Springhood Ventures; John Abeles, General Partner at Northlea Partners; and David Prim, Senior Associate at Broadview Ventures. This event will provide an opportunity to learn about investment themes and strategies from seasoned family office investors.

michael-langerMichael Langer
Co-founder & Managing Partner at T.Rx Capital
Sunil-ShahSunil Shah
Co-founder of the o2h Group and CEO of o2h Ventures
John-ParkerJohn Parker
Family Member and Trustee of the Charles Hood Foundation and Founder of Springhood Ventures
John Abeles
General Partner of Northlea Partners
David Prim
Senior Associate of Broadview Ventures

The Appeal of Life Sciences

Investing in early-stage life sciences is attractive for several reasons. The sector is marked by rapid innovation and growth, offering the potential for substantial financial returns. Breakthroughs in biotechnology, pharmaceuticals, and medical devices can increase significant valuation for successful startups. With market volatility affecting traditional investment avenues, family offices are turning to life sciences to diversify their portfolios. The healthcare sector often behaves differently from other industries, providing a buffer against economic downturns. Many families have personal connections to healthcare, whether through family members who are healthcare professionals or personal experiences with illness. Thus, investing in life sciences offers financial rewards and allows families to contribute positively to society by supporting innovations that can improve health outcomes.

Family Office Strategies for Investing

Family offices employ various strategies when investing in early-stage life science companies. Some invest directly in startups, providing capital, strategic guidance, and mentorship, allowing them more control over their investments and the opportunity to influence the direction of the companies they support. Others invest in specialized venture capital funds focusing on life sciences, leveraging the expertise of experienced fund managers to identify high-potential startups and provide the necessary support for their growth. Collaboration with other investors or family offices is common, as they share resources and insights to reduce risk and enhance opportunities, leading to joint ventures or co-investments in promising life science enterprises.

Investor Fireside Chat – Strategies for Family Office Investments

Join our free Family Office webinar on August 20th at 1PM ET to hear how to find and approach family offices, and what assets are most interesting to them.

August 20, Family Office Webinar – Free Sign Up
1 PM Investor Fireside Chat – Strategies for Family Office Investments
– Claire Jeong, VP of Investor Research, LSN (Moderator)
– Katherine Hill Ritchie
, Founder, Private Capital Investments, LLC
– Ron Paliwoda, Founder and President, Paliwoda Group
– Shubhra Jain, Principal, Head of Healthcare Investments, Tarsadia Investments
– Bryan Grulke, Partner, Volcano Capital

Why Life Science CEOs Should Seize the Opportunity at Redefining Early Stage Investments (RESI) Events 

15 Aug

By Claire Jeong, Chief Conference Officer, Vice President of Investor Research, Asia BD, LSN

In the ever-evolving landscape of life sciences, fundraising is not just an option; it’s a necessity. CEOs in this sector must navigate a complex environment where access to capital can define the trajectory of their innovations. One of the most effective strategies for maximizing fundraising success is participating in global events that bring together key investors and decision-makers. The Redefining Early Stage Investments (RESI) events are premier platforms for life science startups. With RESI Boston on September 25, RESI London on December 4, and RESI JPM on January 14, 2025, this series presents a unique opportunity for CEOs.

The Importance of Global Reach

In the life sciences, the competition for funding is fierce, and operating within a confined regional market can limit opportunities. By expanding your search beyond local investors and tapping into the global arena, you significantly increase your chances of finding the right fit for your stage of development and innovative products. The RESI events are strategically designed to allow CEOs to engage with a diverse spectrum of investors from various geographic locations.

Attending both the Boston and London events and culminating with JPM in January allows you to cover critical markets—the East Coast of the U.S., Europe, and the West Coast—all within five months. This geographical breadth means you can connect with 50-60 qualified investors actively seeking investment opportunities in early-stage life sciences, increasing your chances of success.

Fundraising as a Numbers Game

At its core, fundraising is indeed a numbers game. The more potential investors you meet, the higher the likelihood of securing funding. The RESI events are structured to make sure you engage your outreach. With each event attracting a fresh group of investors, your networking efforts compound over time. This is unlike traditional fundraising approaches, where outreach may be static or limited to a single region.

Life Science Nation, the owner of RESI, has a proven track record of delivering diverse investors, ranging from angels and family offices to venture capitalists, private equity firms, and industry-specific players such as pharmaceutical and med tech investors. These investors increasingly leverage LSN’s global events to source new technology assets for their portfolios and product pipelines.

A Unique Lineup of Investors

The alignment of these three events within such a short period extends your reach and introduces you to an audience of investors tailored to your specific needs. The unique lineup of seasoned professionals at these events is precisely what early-stage companies require. This carefully curated access can distinguish between a successful fundraising round and an uphill battle.

CEOs in the life sciences sector must take advantage of the opportunities presented by the RESI events. Engaging with a global network increases visibility and access to critical funding sources. The following five months could very well determine the future trajectory of your company; make it count by attending RESI Boston, RESI London, and RESI JPM. The world of life science investment is waiting, and your next significant opportunity might be one conference away. Don’t miss your chance to take your innovations to the next level!

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