3. WHAT IS SCIENCE EXCHANGE?
Science Exchange is a marketplace for
scientists to list, discover, access and pay
for scientific services from any institution in
the world.
COMPANY VITALS COMPANY METRICS
Inception: May 2011 1100+ experiment types
Headquarters: Palo Alto, CA 1,000+ providers
Investors: Andreessen Horowitz, angel investors 35,000+ researchers
3
4. WHAT IS SCIENCE EXCHANGE?
Science Exchange makes it easy for researchers to connect
with specialist contract research providers
DEMAND SIDE SUPPLY SIDE
1.4 million 15,000
US Researchers US Contract
Research Providers
RESEARCHER VALUE PROPOSITION PROVIDER VALUE PROPOSITION
• Access to 1000s of research providers • Access to new business
• Save time and money => get more • Platform to market services & build
research done reputation
• Easy payment for services • Management, billing and reporting tools
4
5. WHAT IS SCIENCE EXCHANGE?
Science Exchange provides open access to
specialized research infrastructure and
expertise at top research institutions
Currently 1,000+ providers from 400+ US research institutions
Sample
facilities
5
6. HOW SCIENCE EXCHANGE WORKS
1. Search for an experiment type.
• Search for a scientific service, by experiment type.
• 1100+ different services currently listed.
6
7. HOW SCIENCE EXCHANGE WORKS
2. Choose a service provider.
• Compare service offerings from 1000+ core facilities and CROs.
• Pricing information and ability to filter by location is provided.
7
8. HOW SCIENCE EXCHANGE WORKS
3. Submit a service request.
• Request an estimate from your chosen facility.
8
9. HOW SCIENCE EXCHANGE WORKS
4. Accept a service quote.
• Get notified of service offerings via email, and our online system.
• Accept an estimate from your chosen provider.
9
10. HOW SCIENCE EXCHANGE WORKS
5. Communicate with your provider.
• Receive updates, ask questions, exchange data.
10
11. HOW SCIENCE EXCHANGE WORKS
6. Easily pay for services.
• Easy payment via Science Exchange.
• We accept credit cards and are an approved vendor within university purchasing
systems.
11
13. SCIENCE EXCHANGE BENEFITS
Do research in parallel. Focusing on the stuff you do
Speed
well + using experts for the other stuff = Getting more
research done.
Use specialists for specialized research. Most
Quality
techniques have a steep learning curve. No one can be
a master of all techniques.
Take advantage of economies of scale. Even
Cost
without taking account of your time, experts can do
specialized experiments more cheaply due to
economies of scale
13
14. SCIENTIFIC COMMUNITY SUPPORT
It could transform the current very inefficient use
of funds and dramatically change the way in
which scientists do research. --Nature News
14
15. WHAT IS RESEARCH?
DISCOVERY
REPUTATION COLLABORATION
RESEARCH
COMMUNICATION FUNDING
15
16. WHAT IS RESEARCH 2.0?
DISCOVERY
2.0
REPUTATION COLLABORATION
2.0 2.0
RESEARCH
2.0
COMMUNICATION FUNDING
2.0 2.0
16
17. SCIENCE EXCHANGE & RESEARCH 2.0
Discovery 2.0 and Collaboration 2.0
• Discovery and collaboration becoming even more intertwined due
to specialization.
• no single scientist can master all techniques or purchase all
equipment
• no single university can provide all core facilities
• Discovery 2.0 will be more efficient:
• Greater transparency about cost (e.g. P212121)
• Greater access to expertise will lead to more collaboration
• No requirement to purchase duplicate equipment
• No need to learn highly specialized one-off techniques
17
18. SCIENCE EXCHANGE & RESEARCH 2.0
Providing access to previously hidden resources
18
19. SCIENCE EXCHANGE & RESEARCH 2.0
Providing transparency about the cost of research
$500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500 $4,000
SNP Array for GWAS
NGS library generation
NGS paired end HiSeq 2000
Sanger DNA sequencing
Illumina microarray
Affymetrix microarray
Bioinformatics
IHC of tissue sections
Transgenic mouse production
19
20. SCIENCE EXCHANGE & RESEARCH 2.0
Saving researchers money
“BY USING SCIENCE EXCHANGE WE
WERE ABLE TO SAVE HALF THE COST ON THIS
PARTICULAR TYPE OF EXPERIMENT”
20
21. SCIENCE EXCHANGE & RESEARCH 2.0
Funding 2.0
• How can we improve access to research funding?
• Support alternative models of funding e.g. Crowdfunding (e.g.
Microryza); Bootstrapping (e.g. Tom Voss at Tulane University)
Reputation 2.0
• How can we measure true impact?
• Develop alternative metrics to researchers (e.g. Mendeley stats, Total
Impact score) and providers (e.g. Science Exchange reputation)
Communication 2.0
• How can we shorten the communication cycle?
• Make it easier for researchers to “publish” (e.g. integration with
figshare)
21
22. WHAT IS RESEARCH 2.0?
DISCOVERY
2.0
REPUTATION COLLABORATION
2.0 2.0
RESEARCH
2.0
COMMUNICATION FUNDING
2.0 2.0
22
