How to Meet Alabama Life Sci Startups at RESI South?

By Erika Wu, Business Development Manager, Global Tech Hubs, LSN

EW: Please introduce us to Bio Alabama. Such as mission statement and brief overview of the services offered. 

BIO Alabama Logo (1)

BIO Alabama is the leading advocate for Alabama’s bioeconomy. We represent the state on a national and international stage, promoting the intellectual and innovative capital that make our state a premier place to invest, start, and grow in bioscience.  

We represent Alabama’s bio related industries, research scientists, clinicians and business professionals who are working together to foster, develop and support the life sciences in Alabama. BIO Alabama is the state affiliate in Alabama of the Biotechnology Innovation Organization (BIO), the preeminent national association for biotechnology companies.  

Our mission is to promote biotechnology innovation by creating a favorable scientific, business and legislative environment that will facilitate the growth of emerging and existing companies while attracting new biotechnology opportunities to Alabama and to increase public awareness regarding the potential impact on quality-of-life and the state’s economy. 

EW: Please introduce us to the # startups that are presenting at RESI South in Atlanta on March 25th: 

1: Gulf Sterilization – Michelle Scott – President and CEO of Gulf Sterilization

GS, F, Logo_Horizontal, RoyalBG (1)Gulf Sterilization, offers an environmentally conscious sterilizationoption to the life sciences and advanced manufacturing industries viacutting edge gaseous chlorine dioxide. This technology, developed byan offshoot of Johnson and Johnson, is provided in a state of the art,5400 square foot facility housing multiple chambers for sustainablesterilization services. In December, Gulf Sterilization wasrecommended for ISO:13485 certification ensuring the highest qualityand regulatory compliance. Recently, they accepted one of only 75invitations extended worldwide to the Global Industry ScientificExchange on Alternative Sterilization held in Munich, Germany. Activein the Association for the Advancement of Medical Instrumentation(AAMI), Gulf Sterilization also values the opportunity to foster regionalgrowth in the life science ecosystem through their membership inFMMC and Bio Alabama. 

2: ResBiotic – Vivek Lal – CEO

HorizontalGreenResBResBiotic is a Biotech CPG Company based in Birmingham, AL. ResBiotic stands for Restoration Biotics where we make a new class of wellness supplements – ones that are actually science backed. Physician-developed, with your health in mind, our supplements designed to restore your microbiome and foster whole body wellness and resilience. With multiple product lines, ResBiotic® offers supplements for every body. Our hero seeks to improve symptoms, like low energy or breathing challenges and understands the value of investing in supplements to support healing or general well-being. They most value proactive, holistic, and science-backed wellness approaches to gut, lung, and immune health.

3: SynVivo Inc – Gwen Fewell – President and CEO

SynVivo-Logo-Final-NEWSynVivo Inc. is a commercial stage Organ-on-Chip company in the Life Sciences Research Tools market. Our patented platform offers 3D Tissue and Organ-on-Chip models for Neuroscience,Oncology, Inflammation, and Toxicology drug development and personalized medicine applications. The company’s vision is to  establish a new standard of predictive tools for understanding human responses in drug development, bridging the gap between pre-clinical drug testing and human clinical trials towards transformative advancements in personalizedmedicine. SynVivo’s microfluidic platform allows accurate modeling of both the morphology of human tissues and organs and the physiology of blood flow and shear stress to create more predictive models for preclinical testing of drugs. Complex in vivo microvascular environment including scale, morphology, hemodynamics of blood flow and cellular architecture are re-created invitro. SynVivo’s Organ-on Chip models feature a side-by-side architecture enabling real-time visualization and quantitation using standard analytical instrumentation.

4: Chonex – Michael Lynch – President and CEO

Logo PNG_dark colors (2)  Chonex is at the forefront of regenerative agriculture innovation with StrongSoil, a transformative product designed to rebuild and regenerate topsoil. This allows farmers to achieve higher profitability through reduced chemical use and increased crop yields. Priced to enable cost-effective implementation, StrongSoil enhances soil microbiology, thus promoting profitable farming with less risk from external threats like droughts and diseases. Comprising a comprehensive mix of beneficial microorganisms, micronutrients, and enzymes, StrongSoil is proven to significantly boost soil health and plant resilience. With five years of comprehensive research behind it, StrongSoil’s innovation is packaged in a user-friendly, water-soluble format compatible with almost all agricultural fertilizers and chemicals, marking a significant milestone in the advancement of sustainable farming.

EW: What are your initiatives and strategic goals in 2024 for Bio Alabama? 

BIO Alabama has three strategic growth pillars that include economic development, workforce initiatives and connectivity life science efforts across the state.   In 2024, BIO Alabama is offering a couple of new services to our members to support our growth pillars.   The first is an M&A assessment methodology that Dr. Blanks has used previously during his decade of work in private equity.   The goal of this assessment is to identify weaknesses in company plans, strategies, IP, financial plan, capex, etc and correct those weaknesses in order to improve the value of the company’s equity when they go in front of investors.   The second is to support SBIR/STTR applications for members through a review process to catch mistakes or missed steps in the application process.   The goal of this effort on grant applications is to increase the number of applicants that receive a full review of the scientific value of the application.   Both of these services are offered at no direct cost to our members. 

For any questions, please reach out to  Erika Wu,at e.wu@lifesciencenation.com

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The Case for Life Science Service Providers at RESI Partnering Events

By Dennis Ford, Founder and CEO of Life Science Nation, Creator of the RESI Conference Series

Life Science Nation (LSN) and our RESI partnering events are a deal-sourcing engine and sales funnel for any service provider with products for early-stage life science companies. The global platform LSN has developed gathers early-stage life science startup entities when they leave academia with a tech transfer license and matches them up with capital investors and licensing partners who do Seed, Series A, and Series B deals over five to ten years. LSN touches and serves twelve thousand global startups (the sell-side) whom we match up with four thousand capital investors and licensing partners (the buy-side). LSN can integrate a service provider into the buy-side and sell-side communities we have built. Below is the program guide from RESI JPM 2024, where LSN hosted six hundred startups and six hundred investors and licensing partners, and every one of those companies needs products and services on their journey to commercialization.

Life Science Nation has over a decade of expertise in helping match startup companies with capital investors and licensing partners. All the scientist-entrepreneurs need to gather knowledge about how to prepare and execute a global partnering campaign. If you are an early-stage life science company translating research, the juxtaposition is academic researchers moving from research into funding and scaling a commercial product. Once funded, that is where LSN’s service provider network enters the picture and can sell its products to the startups. By regularly attending RESI you develop a pipeline of targets for your products.

LSN works with startups to cover the nuts and bolts of preparing and executing a global fundraising campaign. Once they are prepared for a fundraising campaign, LSN provides a global target list of investors and licensing partners that fit their stage of development and product. Service providers play a large role in helping startups succeed, helping them avoid expensive pitfalls. LSN runs five RESI partnering conferences annually around the planet, and RESI provides a platform for startups to leverage and execute their campaign. If you are a service provider, attend RESI events to establish a pipeline of leads and opportunities to meet one-on-one with the early-stage founders.  Many service providers also meet with investors who attend RESI and offer discounted services to the portfolio being managed by the investors.  A win/win for everyone.

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RESI South Early Bird Rates End Tomorrow

By Cameron Hurlburt, Director of Business Development, LSN

RESI South, March 25, in person at The Whitley Atlanta Buckhead hotel, followed by two days of virtual partnering, March 26-27, early bird rates end tomorrow! Save $300 on registration to RESI South, a partnering conference experience designed to connect early-stage life science and healthcare startups with investors and strategic partners that are a fit for their product and stage of development.

The RESI conference series is unique. It uses a match-based partnering platform designed to take the guesswork out of partnering because it enables users to filter attendees to meet with based on their fundraising needs. To learn more about the partnering platform, join us for a free fundraising webinar, The LSN Event Partnering Process on March 5, 12 PM ET.

Additionally, RESI South will feature conversations with entrepreneurs and investors around specific topics related to the early-stage fundraising ecosystem through expert panels and hosts the Innovator’s Pitch Challenge (IPC), providing opportunities for fundraising executives to pitch directly to a panel of relevant, active investors. IPC applications are accepted on a first-come-first-serve basis, and the IPC application deadline has been extended until Wednesday, February 28.

Whether sourcing elite technology assets or seeking funding from a strategic partner who is a fit for your company, the RESI conference series is a one-stop shop to help you meet your needs. Learn more about what each event has to offer and sign up by February 23 to save!

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The Right RESI South Registration for You

By Caitlin Dolegowski, Marketing Manager, LSN

Caiti

The RESI South Conference at The Whitley Atlanta Buckhead Hotel on March 25, 2024. The conference, which has served as a catalyst for connecting early-stage life science companies with investors and licensing partners for over a decade will host the event in Atlanta, Georgia for the first time. Life Science Nation anticipates 250+ early-stage investors to register for this event, along with 250+ early-stage startup companies spanning the silos of drugs, devices, diagnostics, and digital health.

Being so early-stage focused, RESI attracts many different types of attendees, and to accommodate that we have a few different registration options. Read through the graph below to figure out what registration option is best for you.

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Register before Friday, February 23 to save $300 with the Early Bird Rate. Only applicable to some registrations, see prices here.

For additional help in finding your registration type, reach out to the business development team at salescore@lifesciencenation.com to book a meeting so we can assist in figuring out the right registration type for you.

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Investors and Licensing Partners, Voting with Their Feet Making the Case for RESI South

By Dennis Ford, Founder and CEO of Life Science Nation, Creator of the RESI Conference Series

The secret is out, and LSN sees firsthand that the Southeastern states have been an under served nascent marketplace for discovering early-stage technology assets. Investors have told me that “it’s booming in the South,” with highly competitive technology assets at more reasonable valuations, making for a dynamic marketplace for identifying and investing in early-stage companies across drugs, devices, diagnostics, and digital health.

Over the last six months, I have become familiar with the seven southeast states (GA, VA, NC, SC, AL, TN, and FL) partnered with LSN as co-developers of the RESI South March 25-27th event in Atlanta. A common theme is running through this multi-state alliance: each state seems to have broken the code that to create a life science innovation economy, you need the buy-in and deep participation from academia, industry, and government. In this cross-sector leadership dynamic, the magic happens with a concentration of industry players, a highly educated workforce, and a supportive environment for startups and established companies where innovation can flourish.

Each state in the southeast alliance checks off all the boxes with a preponderance of diverse clusters throughout their region, a high concentration of BioTech, MedTech, and HealthCare companies, and strong support from hospitals, colleges, and research institutions contribute to its dynamic life sciences landscape.

I have witnessed firsthand how each state has a unique and dynamic ecosystem of government, academic, and industry stakeholders working together. Each state’s life sciences industry is not exclusively based in one metro area. There are multiple clusters around the state. This geographical diversity has contributed to the industry’s dynamism.

The last puzzle piece is investment and incentives, and we are seeing a combination of grants, loans, capital infrastructure investments, tax incentives, and workforce programs. These investments have created thousands of jobs and propelled the development of new therapies, devices, and scientific advancements that improve patient health and well-being in the Southeast region and worldwide.

LSN has an investor and licensing partner network of over four thousand entities that leverage LSN and the RESI conference series to identify and invest in companies for their portfolios and product pipelines. RESI South is currently seeing a brisk signup rate and is expecting 300 investors and licensing partners to participate in the one-day face-to-face meeting in Atlanta and the two-day virtual global meeting on March 25- 27.

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The Value of the RESI Innovator’s Pitch Challenge (IPC) 

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

Life Science Nation (LSN) prepares early-stage entrepreneurs for their Global Roadshow Campaign. There are many tools in the LSN toolkit that we provide to make this happen. One of the tools is the Innovator’s Pitch Challenge (IPC). A key component of the Redefining Early Stage Investments (RESI) Conference Series, the Innovator’s Pitch Challenge (IPC), is an opportunity for early-stage life science and healthcare companies to apply to gain additional exposure to conference attendees and pitch directly to a panel of judges, featuring active investors and industry experts. Each finalist company also prepares a posterboard to be showcased in the exhibit hall and competes for “RESI Cash,” which attendees use to “invest” in their favorite presenters for the final prizes. The value of the Innovator’s Pitch Challenge comes from the real-time critique IPC finalists receive from the judging panel and the experience the finalists gain by pitching their technology to relevant industry leaders.

We are accepting applications for the RESI South 2024 Innovator’s Pitch Challenge until Wednesday, February 21. Learn more about the IPC and apply here!

Hear from past IPC finalists and Investor Judge: 

Vanessa WilliamsonVanessa Williamson, CEO, Gliachem:“A 4-minute pitch is not easy. There is an opportunity to add a bunch more content than you would with just a standard elevator pitch, but you can’t overload. Coming up with a succinct message that focused on the problem, solution, differentiation and market opportunity was key. As tempting as it was to get deep into the science, we focused on the business opportunity. The LSN and RESI resources were also invaluable. We attended the prep session you offered and followed the recommendations with respect to focus.”


Alberto Ramos VernieriDr. Alberto Ramos Vernieri, Chief Scientific Officer, Untech:“This prize is exactly that because the judges of the contest are people with a lot of experience and well recognized in the field. Each question from this kind of person is always useful to learn more about those things you can’t learn in other ways.”


Dr. Gennady Bratslavsky, Co-Founder & Partner at Avicella Capital:“An opportunity for us to have a good deep look during the presentations. It also gives an opportunity to provide feedback…It is an opportunity to put their best foot forward and an opportunity to have great exposure.”


David MedinaDavid Medina, PhD, Co-founder at Novaurum Biosciences:“I had the opportunity to pitch for the first time at RESI in Boston.  I was impressed by the quality of the questions I was asked by the investor judges, and it was great to be able to continue the conversation over a drink at the end of the day. We are currently still in conversation with some of them. I also think it helped us get more meetings with investors at RESI. A great experience!” 

To learn more and hear about how to prepare for the IPC, LSN offers free webinars. You can listen here to a previous recording Preparing for the Innovator’s Pitch Challenge.

Applications for the Innovator’s Pitch Challenge are now open for RESI South.

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Introducing Panelists on the Seed Funds Panel at RESI South 

Joey Wong, Senior Investor Research Analyst, Hong Kong BD, LSN

Life Science Nation (LSN) has curated a program of investor panels for our first RESI South, set to take place in person on March 25th in Atlanta, GA and virtually on March 26-27. We are thrilled to announce a compelling lineup for the Seed Funds panel, featuring 5 dynamic investors who specialize in providing seed-stage financing to startups in the life science and healthcare sectors.

The discussion will center on strategies and approaches on investing in the earliest stage of life science/healthcare assets. The panelists will delve into considerations investors face when dealing with high-risk, high-reward opportunities, what they look for when assessing these prospects, tactical advice for entrepreneurs seeking seed-stage financing, and much more. Our panelists represent a diverse range of backgrounds, expertise and geographic focuses, each bringing a unique perspective and wealth of experience to the table, making this discussion invaluable for fundraising entrepreneurs or investors looking to expand their portfolio. Please see below for the panelist lineup:


Peter Alff
Senior Venture Partner
Orange Grove Bio

Sinclair Dunlop
Managing Partner
Epidarex Capital

Deborah Hemingway
Managing Partner
Ecphora Capital

Michelle (Waye) Leeuwon
Program Manager for Product Development
Cancer Prevention and Research Institute of Texas (CPRIT)

Ron Levin
Managing Partner
Alumni Ventures

At LSN, we recognize the pivotal role that early-stage investments play in driving innovation and shaping the future of healthcare, and through our RESI panels, we aim to cultivate dialogue between investors and entrepreneurs, offering actionable insights and unparalleled networking opportunities.

We look forward to fostering connections and communications between the local ecosystem and the broader life science and healthcare innovation community through our inaugural RESI South. Join us in-person on March 25th or virtually on March 26-27, and we can’t wait to see you there!

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