2. Curtiss Healthcare Highlights & Near
Term Milestones
Founded in 2015 to commercialize research of Prof Roy Curtiss lll
Develop novel vaccines to prevent critical infectious diseases in
animals & humans
Orally delivered Live Recombinant Attenuated Salmonella Vector
(RASV) Vaccines
$1.4M in seed capital raised to date
>100 issued patents licensed exclusively from 3 universities
Series A to raise $12 - $15M to advance 5 - 6 vaccines
In advanced discussions with several prospective AgPharma partners
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3. Exclusive Licenses Consolidated IP from
3 World Class Universities
Washington Arizona State University
University University of Florida
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4. What is Unique About Curtiss
Healthcare’s Offering
Unique Technology:
Disruptive vaccine technology
Single vector affords multiple pathogen protection
Auto lysing or self destruction (minimizes host & environmental effects)
Vector proven safe in multiple species
Meets Market Needs:
Avoids/address concerns about antibiotic resistance
Delivered orally
Utilizes conventional manufacturing process
Economic benefit to producers
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5. Curtiss’ Technology Initially Focused on
Improving Food Safety and Food Quality
Why Food Safety and Food Quality (FS/FQ)
Increased expectations for food safety & antibiotic free
products from major buyers and end consumers
Middle class growth expanding globally with similar
food quality demands in established & growing markets
FS/FQ is key pillar for growth in all 3 leading food
producing animal franchises
Majority of unmet targets are bacterial, where industry’s
portfolio is deficient while antibiotic use being curtailed
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Trader Joe's urged to drop
meat from animals raised with
antibiotics
Publicized “No Antibiotics
Ever” campaign in 2015
McDonalds to cut use of
antibiotics in chicken
6. Value of Controlling Human Food-Borne
Illnesses
Food producing animals contribute more than $300 billion in
revenues to the U.S. economy
Food-borne illnesses cost U.S. economy $15 billion annually*
CDC estimates there are 48 million food-borne infections in the
U.S. each year
Leading approaches to combat food-borne illnesses
Improving food handling techniques, personal hygiene and
sanitary engineering
Vaccines
>$5 billion currently spent to control bacterial infections in food
producing animals
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* USDA estimates
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7. Why Vaccines Are So Important for
Agricultural Animals?
Bacterial infections will always be present in agriculture
Prevent many different bacterial infections and reduce the need
for broad antibiotic use
Convenient and easy to use
Prevent development of antimicrobial resistance
Economic benefit to producers
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8. Why Use Salmonella as a Vaccine Vector?
Highly efficient invader in the gastro-intestinal tissues of target species
Vector attaches to mucosal lymphoid tissues and colonizes internal
lymph nodes, liver & spleen
Produces robust immune stimulation and long-term protective
immunity
Easily manipulated genetically which facilitates vaccine design
Curtiss Healthcare has a broad IP position using Salmonella in
vaccines in animals and humans
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9. Why Is Curtiss Healthcare’s RASV Platform
Needed Today?
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Current vaccines not ideal for initial target infections
Current treatment for target infections is intensive use of antibiotics
Market and regulatory pressure to curtail or eliminate use of
antibiotics
Convenient oral delivery (in feeds, water or by spray)
Maximum immunity with minimal reactivity
Self-destruct, eliminating shedding and spreading
Provides cost effective return for producer
10. Curtiss Is Targeting Key Markets in FS & FQ -
Initial Products in Avian & Swine
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Avian products to reduce food-borne pathogens and
improve bird health and growth
C. perfringens (Necrotic Enteritis)
Campylobacter
Salmonella
E. coli
Swine disease is often subclinical and leads to
productivity loss and increased costs
Helicobacter
Lawsonia
E. coli
11. Initial Avian and Swine FS & FQ Products
Represent Substantial Revenue Potential
Avian (birds) products to reduce food-borne
pathogens and improve bird health and growth
C. perfringens (Necrotic Enteritis)
Campylobacter
Salmonella
E. coli
Swine (pigs) disease is often subclinical and leads to
productivity loss and increased costs
Helicobacter
Lawsonia
E. coli
Total Peak U.S. Sales Potential of 6 Initial Programs:
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U.S. Peak
Annual Sales*
$35 million
$60 million
$40 million
$20 million
$35 million
$45 million
$10 million
$235 million
* U.S. product sales estimates by Prospective Pharma Partner
12. Necrotic enteritis (NE) disease is widespread in broilers, causes diarrhea,
high morbidity and mortality 10 - 40%
Clostrium perfringens is a gram-positive, spore-forming, rapidly growing
anaerobe
Sub-clinical form is most prevalent cause of reduced growth performance
Affects chickens beginning soon after hatch until death
NE is expected to increase with elimination/reduction of antibiotic use
Curtiss Healthcare’s Most Advanced Product
Targets Necrotic Enteritis caused by C. perfringens
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Healthy Chicks
13. Proof of Efficacy in Necrotic Enteritis
Salmonella enterica / Clostridium perfringens Vaccine #2:
In consecutive studies using a single oral vaccination of chicks on
the day of hatch results indicate:
Statistically significant protection from mortality; in a “real world”
model, including a C. perfringens - coccidia pre-challenge
Statistically significant protection from development of lesions
from C. perfringens
A dose dependent effect in protection, supporting the studies
Improved body weights and feed conversion ratios - comparable
to the standard antibiotic treatment
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14. Business Strategy
Initial opportunities for Proof of Concept for RASV technology in
avian market (and then porcine, bovine & companion animals)
Partner initial products to generate cash flow
Identify and develop human Salmonella-based vaccines for infectious
diseases (i.e. Influenza, E. coli, Clostridium difficile)
Utilize Salmonella-based vectors for delivery of immunotherapy
treatments for Cancer (preliminary data available)
Exploration funded by multiple grants through Dr. Curtiss’s lab at
University of Florida
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15. Management Team
Thomas Bigger - CEO/President/Co-Founder
Experienced biotechnology executive
Decades of infectious disease experience
Roy C. Curtiss lll - CSO/Co-Founder
World class scientist – National Academy of Sciences member, life-time
member American Society of Microbiology
Recognized world expert “has played a seminal role in the Salmonella Vaccine
field for at least 30 years”
Substantial NIH and Gates funding
Decades of experience in developing live vaccines
Dennis Molnar - CFO/VP Commercial Development
Experienced biotechnology executive
Decades of infectious disease experience
Robert Nordgren – Technical Research Advisor
Experienced animal health executive
32 years of experience in developing vaccines for animal health
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16. Funding the Future for Curtiss Healthcare
3 Phase Funding Plan:
Seed funding = $1.4 - $1.7 million
Funds lab start-up & lead program hand-off to partner – C. perfringens
Series A over next 3 - 4 years = $12 - $15 million
Funds next 4 - 5 avian & swine program development to milestones
Milestones & grants >4 years provide sustained funding (+cash flow)
Development in swine/cattle and emerging human programs funded
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