Transcript Powerpoint Presentation by Cindy Clark

UNC Office of Technology Development
Seminar
February 2, 2012
About ibiliti
ibiliti Builds Momentum
We accelerate the growth and
commercialization of emerging medical
technologies by uniting human, intellectual and
financial assets toward significant discoveries
that improve lives.
3
History of ibiliti

Non profit, 501(c)(3) state-wide organization

Focused exclusively on devices, diagnostics, imaging,
healthcare IT

Received $2.5 million state grant administered by NC
Biotechnology Center

Founded 2009
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ibiliti Board Members
Board Member
Experience
Greg Davis, Chairman
Fmr CEO Tryton Medical, Guidant
Sam Taylor, Vice Chairman
President, NCBIO
Ken Lee
General Partner, Hatteras Venture Partners
Ken Atkins
Exec. Dir., Wake County Economic Development
Charles Goldstein
VP Research, BD Technologies
Tim Gupton
Partner, HPG
Matt Jennings
CEO Phillips Plastics, fmr Teleflex, BioEnterprises
Fred McCoy
Vice Chairman, Synecor
Barry Myers
Prof. Duke, EIR Pappas
Troy Nagle
Prof. UNC/NCSU
Bob Wilhelm
Prof. UNCC
Mary Beth Thomas (observer)
NC Biotechnology Center
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Cindy Clark, President
•
20 years of life science experience
•
CEO, Sirga Advanced Biopharma, a NCBC TEAM company
•
President, Phase Bioscience
•
President, Bell Atlantic Internet Solutions, North
•
Univax Biologics, CV Therapeutics
•
JD Washington College of Law
•
BA Wesleyan University
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About North Carolina’s Medtech Industry
400+ Companies Call North Carolina Home
Diagnostic
21%
Therapeutic
Device
65%
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Imaging
14%
9,000+ people employed directly; 21,000+ indirectly
North Carolina Medtech Industry Statistics
•
Experienced Talent Pool
– 9,000+ people employed directly; 21,000+ indirectly
•
Significant Investor Support
– 100+ VCs with medtech portfolios invested in NC cos.
•
Strong Community Anchors
– Becton Dickenson, BioMerieux, BSN Medical, Cook
Medical, Covidien, Dupont, Ethicon, LabCorp,
NovoNordisk Engineering, Sandoz (Novartis), Siemans
Medical, Sirona Dental, Smith & Nephew Spine and
Biologics, Suntech Medical, Teleflex Medical
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North Carolina and Medtech—a perfect
match
•
Technology is in our DNA
•
Manufacturing is our strong Suit
•
Southern hospitality
•
Outstanding University with world-class BME schools
•
Convergence of Technologies
•
Foundation of diverse medtech companies
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North Carolina Ranks 17 in Employment,
Payroll and Sales
State
Employment
Payroll
($1,000s)
Sales
($1,000s)
United States
422,778
24,600,669
135,921,967
California
83,999
5,253,891
26,341,566
Minnesota
26,862
1,707, 508
6,775,042
Massachusetts
23,907
1,596,668
8,288,236
Florida
21,668
1,154,620
6,476,288
Ohio
12,383
528,614
2,819,114
Tennessee
8,349
428,035
2,455,967
North Carolina
8,407
425,685
2,208,625
2007 LewinGroup data for AdvaMed
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Recent High-Profile Companies
•
TransEnterix – Spider minimally invasive surgery device
•
Tryton Medical – bifurcated bare metal stent
•
Tear Science – device for diagnosis/treatment of dry eye
•
Pioneer Surgical – orthopedic devices
•
nContact – minimally invasive cardiac surgical devices
•
Oncoscope – imaging system epithelial cell cancer
•
Bioptigen – ophthalmic imaging
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Major Industry Suppliers
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Nypro
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Flextronics
•
Patheon
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Sanmina SCI
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Plexus
•
Insight Product Development
•
Catalent
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ibiliti Programs
ibiliti Programs
•
Job board and job connections
•
Investor connections (VCs, angels, other)
•
Service provider network
•
Expert-on-Call program
•
Grant writing services
•
Tech scouting
•
Quarterly networking meetings
•
Facilitation of NC’s dialogue on change with FDA’s CDHR
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Annual medtech conference
Medical Innovation and
Commercialization Alliance (MICA)
Powered by launchibiliti
MICA : Medical Innovation and
Commercialization Alliance
•
Accelerate the commercialization of medical technology
ideas from doctors, allied health professionals,
entrepreneurs & inventors in Western North Carolina that
will improve patient care
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Unique collaboration with Mission Health
– One of largest healthcare systems in NC
– Named top 15 hospitals in US by Thompson Reuters
•
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Pilot program began 2011
MICA Overview
Hospital Innovation
Forums
1-1 Interviews w/ Staff
On-line Portal
Funded
Development
Program
Physicians
Staff
Community
Other
Regional
Advisory
Board
National
Advisory
Board
Hospital
Investment
Board
No Current Interest - Open Pool
• Grants
• In-kind
services
• Low interest
loans
• Equity
Champion
Patent
Prototype
Business Plan
Other
Large
MedTech
License
•
•
•
•
License Fee
Warrants
Equity
Royalties
Small
MedTech
Entrepreneur
Eligible for In-Kind Development
2-3 technologies/
yr/region
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MICA Partners
•
BD Technologies - $10K prize, prototype work
•
Phillips Plastics – Prototype work
•
J&J COSAT - $250K-$1M grants & matching $
•
Western Carolina University
– Prototype & Business Plan
•
Buncombe County Economic Development
•
UNC/NCSU BME – Prototype work
•
UNC MBA – Business plan development
•
Gilero – Prototype work
•
Synecor – Animal studies
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MICA Regional Advisory Board
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Board Member
Experience
Roy Crowninshield
Zimmer, Tutogen, Entreprenuer
Richard Bock
Vascular Surgeon, Entrepreneur, Asheville
Radiology
Brian Nass
Mission Health Quality, Mayo Clinic
Commercialization, Entrepreneur
Ed Wright
Welch Allen, Suntech Medical, Entrepreneur,
WCU
Carlton Murray
Carolina Financial
Steve Woody
G3 Medical, Medtech Entrepreneur
John Locke
Mission Healthcare Foundation
Pam Lewis
Advantage West, Asheville EDC
National Advisory Board
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Board Member
Experience
Charles Goldstein
BD Technologies
Scott Sewell
Cook Medical
John Uhrin
Credit Suisse
Tony Voiers
Ethicon
Brian Carney
Harbert Ventures
Bob Morff
Hatteras Ventures
Bibhash Mukhopadhyay
J&J COSAT
Bryant Moore
Medtronic
Ali Behbehani
NEA
Matt Jennings
Phillips Plastics
Matt Reike
Quaker Bioventures
Jim O’Connell
Safeguard Scientific
Henry Tung
Smith & Nephew
Garheng Kong
Soffinova Ventures
Kenny Anderson
SunTech Medical
Diabetes Point of Care Network : DNET3
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Unique public/private partnership : UNC, BD Technologies,
ibiliti
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Purpose: identify and commercialize point of care diabetes
technologies to serve needs of underserved diabetes
patients & their care-givers
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Includes undergraduate & graduate training
•
Drs. John Buse & Michael Ramsey, PIs
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NIH grant application pending, other funding sources being
sought
•
First project: Simple, inexpensive Point-Of-Care Blood
Glucose Test to enhance & expand patient selfmanagement of diabetes
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For More Information:
Cindy Clark
President
ibiliti
919.508.6214
[email protected]