LIBI - Genetics
Transcript of LIBI - Genetics
Introduction: • LIBI-Diagnostics is a gene-biomarker start-up for early detection of cancer, powered by
the next-generation bio-liquid test.
• The venture was recently accepted into the Ministry of Economy's accelerator program
- MaofTech.
• Funding and development plans were submitted to the venture by Albert Einstein
College of Medicine in New York.
Developing a non-invasive method to detect and quantify AURKA-gene mRNA over-
expression by RNA-FISH (fluorescent in situ hybridization) presented in voided Urine
samples.
Technological breakthrough:
Mission Statement:
Our mission is to provide doctors and patients with critical data from body fluids that have
not been technically available to date and can save many patients' lives and even change the
face of medicine.
& CEO:Co-FounderDavid Risin Attorney.
Master of Real Estate.
(Technion, Israel Institute of Technology)
Tel: 050-6270399
Email: [email protected]
& CMO:Co-FounderDr. Ayelet Ben Barak
Senior physician in Pediatric
Hematology-Oncology.
Former head of the hematology unit at Rambam
Hospital.
M.D.
(Technion, Israel Institute of Technology)
Principal Investigator:
Ganjam V. Kalpana, Ph.D.
Mark Trauner Faculty Scholar in Neuro-Oncology
Professor, Department of Genetics
Professor, Department of
Microbiology and Immunology.
Albert Einstein College of Medicine1300 Morris Park Ave., Ullman 821
Bronx, New York, 10461
Tel: 1-718-430-2354
Fax: 1-718-430-8778
https://www.einstein.yu.edu/faculty/6576/ganjam-kalpana/
Email: [email protected]
Market potential• It is a body fluid test, without the need for tumor tissue.
• The test is needed for medical follow up of cancer patients who are in remission and allow early detection of recurrence.
• The test allows anyone to perform cancer screening that can diagnose cancer at the earliest stage.
R&D + Funding• Year 1 - Optimization of methods in normal voided urine samples mixed
with rhabdoid tumors cell lines - $200K (University requirements).
• Year 2 - Optimization of methods in voided urine samples from
patients - $400K (University requirements).
• Year 1 + 2 - Company formation, patent registration, management
and advertising - $500K.
Competitors:• Freenome inc - is a biotechnology company that develops a multiomics
platform for early detection of cancer – Total funding: $237.6M
• GRAIL - is a healthcare company whose mission is to detect cancer early,
when it can be cured - Total funding: $1.6B