Hot Investor Mandate: Advisor of Global Family Offices Seeking $5-25M Investment Opportunities in All Life Sciences & Healthcare Companies

A UAE registered investment consultancy firm’s core activities involve independent advisory, outsourced CIO, and direct investments. The firm acts as the consultant role to advise global family offices with their investment objectives. The firm looking for investment leads in early-stage life science industry. Companies who are looking to raise their series B – series C rounds would be the sweet spot. The firm typically invests in $5M-25M, which depends on the stage of development. The firm is also open to looking at earlier stage companies but the investment size might vary. The firm is looking for companies in the US (60%), China (20%), UK, Germany, India, and other countries with emerging life science technologies.

The firm is opportunistic in sectors and is willing to consider any indications.

The firm has no specific requirements for companies. The firm might take an observer seat or board seat in applicable cases.

If you are interested in more information about this investor and other investors tracked by LSN, please email mandates@lifesciencenation.com.

Hot Investor Mandate: USA & China-Based VC Firm Invests in All Life Science Companies from Seed to Series B & Supports Companies with China Market Entry

A venture capital firm founded in 2016 with offices in USA and China invests exclusively in healthcare companies (therapeutics, medical devices, digital health, and healthcare services). The firm typically invests $1-5M (USD) of equity capital with the ability to make follow-on investment. The fund aims to make at least 5 investments per year, but this is not a fixed number. In general, the firm participates in seed, series A and series B funding rounds. The firm looks at companies of all parts of the world and has a strong preference for companies that have market opportunities in the US, Europe and China. The firm’s China office can provide companies with the resources they need for successful market entry in Asian markets.

The firm looks at all sectors pertaining to healthcare, including biotech therapeutics, R&D services, diagnostics, medical devices, and digital health. While the firm’s focus is in early-stage companies, it takes a very opportunistic viewpoint. In therapeutics, the firm will look at products of all stages from pre-clinical to phase III, and is open to all indications. In terms of medical devices, the firm will consider both 510k and PMA devices. In addition, the firm will also consider products that are already on the market.

The firm is open to both public and private companies, and expects them to have an experienced management team with a strong exit strategy. The firm requires a board seat in all portfolio companies.

If you are interested in more information about this investor and other investors tracked by LSN, please email mandates@lifesciencenation.com.

Hot Investor Mandate: Japan-Based VC Firm Invests in Biotech & Digital Health Technologies, Especially Companies Interested in Expanding to Japanese Market

A venture capital firm headquartered in Japan manages a fund dedicated specifically to life science investments. Though it could largely vary on a deal-by-deal basis, the firm’s initial size of investment is usually around $1M, with a significant portion dedicated to follow-on investments. Geographically, the firm is focused on companies headquartered in Japan and those that are looking to expand into the Japanese market.

The firm is most interested in biotech and digital health technologies. The firm is very interested in emerging therapeutic technologies such as cell and gene therapy, as well as platform technologies. With regards to digital health technologies, the firm is most interested in (i) IT solutions for people in terms of health management, disease prevention, diagnosis, therapy, disease management, and nursing care; (ii) healthcare industry in terms of drug discovery & development, medical information, distribution system by leveraging AI, big data, IoT, VR, etc. The firm is opportunistic in terms of stage, and will seek opportunities that are pre-clinical and beyond.

The firm is actively seeking opportunities in Japan and those that are looking to expand into Japan. The firm will prefer to lead investments in companies headquartered in Japan where they can best leverage their resources and network, but will generally follow larger syndicates for deals outside of Japan.

If you are interested in more information about this investor and other investors tracked by LSN, please email mandates@lifesciencenation.com.

Hot Investor Mandate: USA Venture Capital Firm Invests in Digital Health & Healthcare Services Companies with Focus on West Coast USA

A venture capital firm based in the USA is interested in a broad range of technology companies, including those in the software, cloud services, IT, and Internet sectors. In the life sciences, the firm will only invest in the healthcare IT sector. The firm invests in late seed to early Series A rounds with a typical investment size ranges from $50,000 to $2M. Investment is typically in form of equity, though convertible loan and other capital structures would be considered as well. The firm will look at investment opportunities across the US with a focus on West Coast.

The firm will make new investments in the healthcare IT sector. The firm is interested in healthcare services and IT companies targeting platform, enterprise software, m-health, solution, data analytics and consumer health. The firm will invest in commercial-stage companies with products or services on the market.

The firm invests in privately held healthcare companies. The firm focuses on companies with annual revenues of between $0.5M and $10M.

If you are interested in more information about this investor and other investors tracked by LSN, please email mandates@lifesciencenation.com.

Australia’s Emerging Start-ups Make a Mark at Digital RESI June

By Gregory Mannix, Chief Conference Officer, Vice President International Business Development, LSN

Life Sciences Queensland has joined forces with LSN and the RESI conference to move the needle in the life sciences. They are sponsoring a delegation of constituent companies to participate in Digital RESI, as part of their active efforts to advance life sciences in their region.

Aptly titled Australia’s ‘Sunshine State’, Queensland has a globally competitive life sciences sector with significant financial investment and support from the state government to harness the region’s unique capabilities in biomedical R&D and infrastructure.

Government initiatives, like Advance Queensland, are aimed at harnessing the opportunities available in science and innovation to grow and diversify the state’s economy, create jobs, and secure a long-term financial future in the life sciences. As a result, Queensland welcomes a wide array of global start-ups, SMEs and larger companies, to establish business operations in the state and undertake research and clinical trials, by partnering with many world-class universities and research organisations.

Life Sciences Queensland (LSQ) is an industry-led peak body supporting Queensland’s broad life sciences industry. Representing more than 170 industry members, LSQ aims to influence public policy and grow industry businesses to create a dynamic, internationally competitive and sustainable life sciences sector in Queensland. LSQ members forge new frontiers in fields critical to human health, sustainable development and economic prosperity — spanning medical devices and diagnostics, medicines, agricultural and marine biotechnology, animal health and bioenergy.

One of many initiatives by LSQ to nurture the state’s life sciences industry is the LS Catalyst program, run in partnership with Advance Queensland. The program is committed to supporting and growing the entrepreneurial culture and start-up ecosystem in the life sciences sector by providing companies with opportunities at all stages of the innovation spectrum. The program aims to create a unique roadmap with customised solutions for each new start-up or SME through quality access to mentors, training, and introductions to investors and business networks.

Foxo Technology, Nadu and Specialist Airway Solutions are just three participants in the LS Catalyst program to benefit from opportunities to partner with investors and present a pitch at this year’s Digital RESI Virtual Conference. In addition to pitching, LS Catalyst program participants OrthoDx and QHeart Medical will also participate in the conference’s prestigious Innovation Challenge Final.

VP R&D and Quality of QHeart Medical Dr. MadhusudanRao Neeli recently shared his thoughts heading into the conference.

“QHeart Medical is very excited to be part of the RESI Life Science Investment Conference and to have competitively ranked in the top 35 companies for the Innovation Challenge Final,” Dr Neeli said.

A supporter of initiatives aimed at cultivating opportunities for start-ups and small business, LSQ is proud to champion the potential of Queensland’s biotechnology sector to feed, fuel and heal the world through initiatives like the Digital RESI Virtual Conference in 2020.

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Life Sciences Queensland

LSQ is a Member based organisation that is working for the life sciences industry in Queensland. LSQ recognises and supports the Queensland Government’s commitment to work with industry, to build infrastructure and attract world-class individuals to form the basis of a life sciences industry in Queensland. As an industry-led vehicle, which promotes and supports all segments of the life sciences industry, LSQ works to enhance Queensland’s national and international reputation as a centre of commercial and research excellence in life sciences.

Foxo

On average, doctors spend 66 minutes on hold, send and receive 75 emails between staff and their network, and experience missed calls, messages, and errors that impact efficiencies and patient safety every single day. The lack of a wide-reaching collaborative healthcare network continues to lock communication and health information in silos behind primitive systems. Foxo presents national and global health with an interoperable, collaborative platform (desktop/mobile) that enables real-time messaging between clinicians, nurses, teams, departments, and organisations. Built on scalable infrastructure, easy to deploy, and approved by Qhealth, Foxo features the requisite tools, integrations, and workflows required for powerful, fast, borderless clinical communication.

Nadu

Nadu, be nice to your nose! Nadu is a range of self-administered nasal cleaning & medicinal delivery devices that reduces symptoms of respiratory diseases such as chronic sinusiuts, allergic sinusitus, hayfever, cystic fibrosis, influenza as well as removing allergens & air-borne pathogens. The hand-held devices are easy to travel with and provide real-time data to health care professionals such as ENTs, doctors and allergists. The patent-pending capsule technology allows for the delivery of medication and the tracing of dose, frequency and type straight to the Nadu App. The Nadu technology is based on a parallel innovation model; allowing us to develop multiple-time-use devices for the developed world and single-time-use sterile medicinal delivery devices for disaster relief and pandemic management to reduce risk of disease transmission, manage air-quality issues and reduce respiratory infections.

OrthoDx

SynvIchor by OrthoDx is a molecular diagnostic designed to differentiate between sterile and infection causes of joint inflammation. This technology leverages the host immune response to report to the physician whether the cause of the patient’s joint pain is inflammatory or infective. The difference in treatment is significant. This means antibiotics are reserved only for those that need it. The diagnostic is rapid (less than 3hrs) reliable (works in every patient with an intact immune system) and accurate (high negative predictive value).

QHeart Medical

QHeart Medical is a private Australian medical device company developing and commercializing a novel therapy device for highly unserved moderate heart failure. Also referred to as preserved ejection fraction heart failure (HFpEF), this subset of patients represents 40-50% of patients and is a significant unmet clinical need as there are currently no suitable therapies for this patient population. HFpEF patients have increased aortic stiffness by 88% relative to young controls, and increased pulse pressure and heart rate. Our core value is to reduce the high cost of treatment and improve the quality of life for patients suffering from moderate heart failure and we are competitively positioned to serve this need with the BioQ CA disruptive technology. The BioQ CA device has been validated in animal and pilot human testing, has 3 issued and 2 pending patents for global markets, and has an experienced management team and partnership with leading research and manufacturing groups.

Specialist Airway Solutions

Specialist Airway Solutions is developing the D-FLECT deflectable-tip bougie designed to help anaesthetists successfully intubate the difficult airway. The D-FLECT bougie is a novel single-use tracheal tube introducer that can negotiate the highly angled curves of a difficult airway. Upward deflection of the tip allows the bougie to be easily inserted into the trachea to facilitate faster intubation. Successful intubation during anaesthesia or critical care is vital to prevent complications, which can be catastrophic. There is a vast unmet need for an improved introducer as 50 million intubations are conducted annually worldwide, of which up to 30% are considered difficult.

 

Interview with SOLA Biosciences: How They Secured 26 Investor Meetings at Digital RESI April

Keizo Koya
By Claire Jeong, Vice President of Investor Research, Asia BD, LSN

Claire Jeong

As many of our readers are aware, the LSN team is busily preparing for the upcoming Redefining Early Stage Investments (RESI) Conference from June 8th – 10th. This will be our third digitally run RESI, and we have been impressed by everyone’s dedication and support for our conferences.

A few weeks ago, I had the opportunity to speak with Keizo Koya, CEO of SOLA Biosciences. SOLA Biosciences attended the last digital RESI conference in April and was one of the highest performing companies at the conference with 26 confirmed investor meetings. I was able to learn more about SOLA Biosciences’ proprietary platform technology and hear about the factors that contributed to his success in securing an impressive number of meetings at the last RESI.

Mr. Koya delivers a very positive message and is exemplary of how businesses should be moving forward during these times. We hope you enjoy this read!

Claire Jeong (CJ): Could you briefly introduce SOLA Biosciences and the company’s technology?

Keizo Koya (KK): SOLA Biosciences was established in 2016 based on the research Dr. Akinori Hishiya started working on in 2010. The science he was working on was very fascinating to me, but when I first met him, I was working for a different biotech company, so I spent time with him on weekends to help move the research forward. Very promising data was generated, and we moved the science into Strategia Therapeutics, which is a consulting company I founded in 2012 to start a new, innovative model for drug R&D, and help support Asian-based pharmaceutical companies in the USA. We filed for patents, published research findings in scientific journals, then spun out SOLA Biosciences.

SOLA Biosciences developed a novel, “Engineered Chaperone” technology that can control cellular protein folding of disease-causing proteins. The technology is designed to harness the power of the patient’s own chaperones to repair and prevent protein misfolding. This is a platform technology, as it can potentially be applied for any types of conformational diseases (proteopathies) such as Alzheimer’s Disease, Huntington’s Disease, ALS, and more. We are taking a patient-centric approach and want to use our technology for life-saving therapies.

CJ: How has the Covid-19 pandemic impacted your business?

KK: Fortunately, the pandemic has not had a significant impact on our business.  Long before Covid-19, I had wondered whether it was necessary for all of the management team to be in the same location to discuss science and move business forward. I wanted to work with the best people from all over the world in the fields of research, manufacturing, development, etc., Therefore, for a few years I have been using platforms and approaches so that our team can work remotely anywhere in the world.

CJ: What was your initial thought when you heard that RESI shifted to a digital format? Did you have any concerns?

KK: Not at all. I thought it was a good idea. I saw LSN’s summary of the Digital RESI April event on LinkedIn, and it was wonderful to see people all over the world connect in virtual meetings for 48 hours.

CJ: Great! So how many meetings did you have at the last RESI event?

KK: We had 26 meetings in total.  For the people we could not schedule meetings during the conference, we had meetings after RESI.

CJ: Were these meetings with mostly investors, or did you meet with other groups as well?

KK: We focused on investors and pharmaceutical companies for this RESI conference.  Even though we did not have meetings with CRO companies, it is good to learn about them through the RESI list.

CJ: What do you think contributed to your success?

KK: The participants were interested in learning more about our unique technology platform and how it can be applied to conformational diseases such as Alzheimer’s which quite a few investors had interest in.

CJ: How are your follow-up discussions going?

KK: Most of the investors are still reviewing our platform technology and pipelines. Right after RESI, we followed up with all in more detail and we are moving forward under CDAs.  One group kindly let us know that our stage of R&D is still too early for them, which we fully respect their decision.

CJ: Given how the current situation is, it seems like RESI and other conferences will continue digitally. Do you think continuing this Digital RESI provides enough value for companies like SOLA?

KK: Absolutely. Even major conferences like ASCO are also converting to a digital format. The only missing part is actually meeting the people, which gives us an opportunity to get to know them better and show my passion for our projects. Traveling to meet new people and to discuss how to develop the drugs with them is very enjoyable.  But the digital format still provides a good alternative.

CJ: What advice would you like to provide, if any, to fellow entrepreneurs?

KK: I am still in the process of raising funds and continuously learning from fellow entrepreneurs, collaborators, and investors.  The main goal for many startups is to raise money and then exit.  If we find amazing investors/companies to transfer our technology to, who can develop our technology better than we can, then that is certainly the right strategy. It is also good to find collaborators and investors to work together if we can create synergy.  The ultimate goal is to use our technology to help patients. This is all part of a large process of all of us helping patients by doing what we can do well. With an open mind, we will be able to develop a good, long-term relationship with investors and/or collaborators to bring the needed medicine to patients.

Digital RESI June Gold Sponsor: BioHealth Innovation Announces 5 Panels Showcasing Central Maryland’s Vibrant Life Science Environment

By Bryanna Allison, Business Development Manager, LSN

BioHealth Innovation (BHI), central Maryland’s dynamic tech hub, will showcase its regional life science environment with 5 panels from the BioHealth Capital Region (BHCR). The LSN/BHI alliance works well because the Digital RESI format can increase both the reach of regional tech hubs and their visibility with the RESI global player attendees. Indeed, worldwide players seek technology partnerships with North American regional tech hubs. The 5 panels featured will allow the world to become more acquainted with this dynamic tech hub. Check out the descriptions of these panels below, and the organizations the speakers represent.

Great Investment Opportunities in the BioHealth Capital Region

While we adjust to a Covid-19 world, there continue to be great investment opportunities in the BioHealth Capital Region. Join BHCR CEOs as they make short introductions about themselves and companies. Join CEOs from American Gene Technologies International Inc., miRecule, Adaptive Phage, Healion Bio, KaloCyte, Emocha, Tailored Therapeutics, Inc., Deka Bioscience, and Ashvattha Therapeutics, Inc.

Raising Early Stage Capital in Difficult Times

Companies are still working to raise capital while we remain socially distant. Join us as we discuss how to best adjust and continue attracting investors to your business. Moderator, Rich Bendis, Founder, President and CEO of BioHealth Innovation, is joined by investment experts from Alexandria Venture Investments, The BioHealth Capital Fund, Boston Millennia Partners, and JP Morgan.

Collaborating for Growth in the BioHealth Capital Region

Being able to collaborate with your business partners is as important today as it ever has been. This panel demonstrates the strong collaboration taking place in the BioHealth Capital Region. Led by Jarrod Borkat, Senior Director, External Partnerships & Collaborations, Emergent BioSolutions, Inc., the panel includes experts from Children’s National Hospital, George Mason University, AstraZeneca, and Immunomic Therapeutics.

International BioHealth Companies Entering the U.S. Market

Also known as “Soft Landing”, the ability for international BioHealth Companies to successfully enter the U.S. market and grow is a constant challenge. Having a partner in the U.S. to help with this process is critical to your business. Moderator, Rich Bendis, Founder, President and CEO of BioHealth Innovation, discusses the topic with representatives from BHI, Gentian Diagnostics (Norway), Mimetas (Netherlands), and OnDosis (Sweden).

Advancing your Technology Through Non-Dilutive Grants

Keeping ownership of your company and technology, while raising growth capital, is an important topic for many entrepreneurs. Join our panel led by BioHealth Innovation Inc.’s Managing Director – Economic Development, Judy Costello, as she covers the ins and outs with participants who have successfully navigated these waters. Industry experts from Aperiomics, miRecule, Mimetas, SpineAlign, and TEDCO join the discussion to share their experiences.

Learn more about the Digital RESI – Three Day Conference Registration on June 8-10, 2020 ONLINE.