Oxis Rodman & Renshaw Presentation

32
OXIS INTERNATIONAL, INC. Rodman and Renshaw, LLC Global Investment Conference London, UK // May 1618, 2010 Advancing Oxidative Stress Technology

description

OXIS International senior management presented on Tuesday, May 18th at 2:50pm BST at the Rodman & Renshaw Annual Global Investment Conference. Chairman & CEO Tony Cataldo and President Bernie Landes unveiled the commercialization and rollout plan of OXIS' powerful patent and IP portfolio.

Transcript of Oxis Rodman & Renshaw Presentation

Page 1: Oxis Rodman & Renshaw Presentation

OXIS INTERNATIONAL, INC.

Rodman and Renshaw, LLCGlobal Investment Conference

London, UK // May 16–18, 2010

Advancing Oxidative

Stress Technology

Page 2: Oxis Rodman & Renshaw Presentation

Advancing Oxidative

Stress Technology

MANAGEMENT AND SCIENTIFIC ADVISORY BOARD

THERAPEUTIC AND

CLINICAL PRODUCTSCONSUMER PRODUCTSSCIENTIFIC BACKGROUNDTHEN AND NOW 1

SAFE HARBOR STATEMENT

Except for the historical information contained herein, the matters discussed in this presentation include forward looking statements. Such statements

in this presentation, including future financings necessary for operations or acquisitions and future product launch dates are only predictions and reflect

current beliefs and expectations of the Company. Actual results may differ materially from those predicted in such forward looking statements due to

the risks and uncertainties inherent in the Company’s business, including, without limitation, risk and uncertainties in the obtaining possibly required

regulatory approvals, market acceptance of and continuing demand for the Company’s products, the impact of competitive products and pricing and

the Company’s ability to obtain additional financing to support its operations. We refer you to the risks and factors detailed from time to time in the

Company’s Annual Reports on Form 10-K and its Quarterly Reports on Form 10-Q. The Company undertakes no obligation to revise or update this

presentation to reflect circumstances after the date hereof.

Rodman and Renshaw, LLC | Global Investment Conference 1May 2010

Page 3: Oxis Rodman & Renshaw Presentation

Then and Now

Page 4: Oxis Rodman & Renshaw Presentation

Advancing Oxidative

Stress Technology

MANAGEMENT AND SCIENTIFIC ADVISORY BOARD

THERAPEUTIC AND

CLINICAL PRODUCTSCONSUMER PRODUCTSSCIENTIFIC BACKGROUNDTHEN AND NOWTHEN AND NOW 3

OXIS: FEBRUARY 2009

• Pink Sheet Company

―Equity marketcap 3/31/09 = $1.9 Million

―60,000 average daily trading volume (US and Europe)

• No cash, many cash liabilities

• Limited management and Corporate Board, no functioning science committee

• Unable to meet SEC filing requirements

• No developed products

• No complete strategic plan

Page 5: Oxis Rodman & Renshaw Presentation

Advancing Oxidative

Stress Technology

MANAGEMENT AND SCIENTIFIC ADVISORY BOARD

THERAPEUTIC AND

CLINICAL PRODUCTSCONSUMER PRODUCTSSCIENTIFIC BACKGROUNDTHEN AND NOW 4

OXIS RECENT MILESTONE ACHIEVEMENTS

• Management

― Anthony Cataldo appointed Chairman & CEO

― Bernie Landes appointed President

― New CFO & Corporate Secretary

― Additional members with strong experience in marketing and distribution being recruited

• Board of Directors - Revitalized with new members

and functioning committees

• Scientific Advisory Board Created

(With world class recognized experts)

• Stock Trading

― Equity market cap 3/31/10= $13.7 Million

― Oxis.OB, OXI.PA

― Average daily trading volume over 1,500,000 shares per day (US and Europe)

• Financial Status

― $2 million capital raised in October 2009

― Current liabilities and ongoing expenses at manageable levels

• Products

― Two nutraceutical products set to launch in summer 2010 (Many more in pipeline)

― Re-certifying FDA approved drug for veterinary medicine

• SEC Filings – Up-to-date and complete

THEN AND NOW

Page 6: Oxis Rodman & Renshaw Presentation

Advancing Oxidative

Stress Technology

MANAGEMENT AND SCIENTIFIC ADVISORY BOARD

THERAPEUTIC AND

CLINICAL PRODUCTSCONSUMER PRODUCTSSCIENTIFIC BACKGROUNDTHEN AND NOW 5

OXIS TODAY

• Focusing on research, development and sale of products to combat oxidative stress –

common abnormality in which free radicals overwhelm antioxidant and other bodily defenses

and likely contribute to disease and aging

• Building on an estimated $75 million previously invested in IP development

• Developing multiple natural substance based products for substantial markets:

― Nutraceuticals

― Personal Care (including Cosmeceuticals)

― Animal Health (drugs and supplements)

― Therapeutic Compounds

• Emphasizing L-Ergothioneine (“ERGO”), a highly potent, patent protected, multifaceted antioxidant

• Leveraging multiple intellectual property holdings including: 12 patents and 7 patents pending in

oxidative stress technologies – continue to build IP with help of SAB

• Anticipating growth internally, through mergers and acquisitions, and in/out-licensing

THEN AND NOW

Page 7: Oxis Rodman & Renshaw Presentation

Advancing Oxidative

Stress Technology

MANAGEMENT AND SCIENTIFIC ADVISORY BOARD

THERAPEUTIC AND

CLINICAL PRODUCTSCONSUMER PRODUCTSSCIENTIFIC BACKGROUNDTHEN AND NOW 6

OXIS ADDRESSES TWO MAJOR HEALTH ISSUES: OXIDATIVE STRESS AND INFLAMMATION

• Heart health (Inflammation in arteries)

• Brain health (Decline in cognitive ability, Alzheimer’s)

• Resistance against diseases (Maintain physiological homeostasis)

• Anti-aging/skin care (e.g., Skin protection/rejuvenation)

• Inflammation (Arthritis, joint pain)

• Detoxification (Liver)

• Blood sugar regulation (Protection against developing diabetes)

THEN AND NOW

Page 8: Oxis Rodman & Renshaw Presentation

Advancing Oxidative

Stress Technology

MANAGEMENT AND SCIENTIFIC ADVISORY BOARD

THERAPEUTIC AND

CLINICAL PRODUCTSCONSUMER PRODUCTSSCIENTIFIC BACKGROUNDTHEN AND NOW 7

…WITH VERY LARGE MARKETS

OXIS CONSUMER PRODUCTS*

• Dietary supplements: $25 billion

• Functional foods and beverages: $37 billion

• Personal care (including cosmetics): $10 billion

• Companion animal supplements: $17 billion

OXIS THERAPEUTIC/CLINICAL PRODUCTS

• Veterinary health: $11 billion**

• Pharmaceutical compounds for target indications – several exceeding $100 million in size

*=Market size estimates for 2008 by Nutritional Business Journal

**=Market size estimate for 2008 by Vetnosis, Ltd.

THEN AND NOW

Page 9: Oxis Rodman & Renshaw Presentation

Scientific Background

Page 10: Oxis Rodman & Renshaw Presentation

Advancing Oxidative

Stress Technology

MANAGEMENT AND SCIENTIFIC ADVISORY BOARD

THERAPEUTIC AND

CLINICAL PRODUCTSCONSUMER PRODUCTSSCIENTIFIC BACKGROUNDTHEN AND NOW 9

OXIDATIVE STRESS: CREATED WHEN FREE RADICALS EXCEED BODY’S NATURAL DEFENSES

FREE RADICALS

• An atom or group of atoms with unpaired electrons, creating

unstable situations where cells and important organs may

be damaged

• Generated normally as result of naturally occurring processes

when the body’s cells use oxygen to produce energy

• Also result from other sources: air pollution, tobacco smoke,

ultraviolet rays, agricultural chemicals, psychological stress,

exhaustive exercise, drug intake and inflammation

• Increases with aging and disease

Normal

Oxygen

Atom

Free

Radical

Loss of

Electron

SCIENTIFIC BACKGROUND

Page 11: Oxis Rodman & Renshaw Presentation

Advancing Oxidative

Stress Technology

MANAGEMENT AND SCIENTIFIC ADVISORY BOARD

THERAPEUTIC AND

CLINICAL PRODUCTSCONSUMER PRODUCTSSCIENTIFIC BACKGROUNDTHEN AND NOW 10

FREE RADICALS CAN CAUSE A VARIETY OF DESTRUCTIVE ACTIONS ON CELLS

Oxygen

Glucose

Oxygen radical

with unpaired electron

Superoxide

dismutaseDamage to

mitochondrial

DNA

Motor Neuron

Water

Oxygen

Energy

Chromosome

Nucleus

Hydrogen Peroxide

Damage to

Nuclear DNA

Catalase

SCIENTIFIC BACKGROUND

Page 12: Oxis Rodman & Renshaw Presentation

Advancing Oxidative

Stress Technology

MANAGEMENT AND SCIENTIFIC ADVISORY BOARD

THERAPEUTIC AND

CLINICAL PRODUCTSCONSUMER PRODUCTSSCIENTIFIC BACKGROUNDTHEN AND NOW 11

OXIDATIVE STRESS

• Created by an imbalance in the physiologic ability (natural and ingested antioxidants)

to combat free radicals

• May be accelerated by excess alcohol and certain foods, certain pharmaceutical drugs, strenuous

exercise, inflammation and aging process

Free Radicals Antioxidants Free Radicals Antioxidants

Disease Good Health Disease Good Health

SCIENTIFIC BACKGROUND

Page 13: Oxis Rodman & Renshaw Presentation

Advancing Oxidative

Stress Technology

MANAGEMENT AND SCIENTIFIC ADVISORY BOARD

THERAPEUTIC AND

CLINICAL PRODUCTSCONSUMER PRODUCTSSCIENTIFIC BACKGROUNDTHEN AND NOW 12

VULNERABLE BODY ELEMENTS/DISEASES

• Brain (Protein damage: Parkinson, Alzheimer, ALS)

• Eye (Cataract)

• Heart (Lipid damage: Atherosclerosis)

• Skin (Protein damage; Pre-Mature Aging)

• Lungs (Emphysema, COPD)

• Cancer (DNA damage)

• Reproductive System (Sperm protection)

• Various Inflammation Related (Arthritis)

SCIENTIFIC BACKGROUND

Page 14: Oxis Rodman & Renshaw Presentation

Advancing Oxidative

Stress Technology

MANAGEMENT AND SCIENTIFIC ADVISORY BOARD

THERAPEUTIC AND

CLINICAL PRODUCTSCONSUMER PRODUCTSSCIENTIFIC BACKGROUNDTHEN AND NOW 13

ANTIOXIDANT DEFENSE SYSTEMS

• Internally produced antioxidant enzymes

―Superoxide dismutase (SOD)

―Catalase

―Glutathione Peroxidase (GPx)

• Ingested in diet and supplements:

―Vitamin A, C, E, beta-carotenes

―Proanthocyanins, anthocyanins, polyphenols, flavonoids, and metal chelators

• However, natural antioxidant systems can be overwhelmed creating Oxidative Stress

leading to disease states and premature aging

SCIENTIFIC BACKGROUND

Page 15: Oxis Rodman & Renshaw Presentation

Advancing Oxidative

Stress Technology

MANAGEMENT AND SCIENTIFIC ADVISORY BOARD

THERAPEUTIC AND

CLINICAL PRODUCTSCONSUMER PRODUCTSSCIENTIFIC BACKGROUNDTHEN AND NOW 14

ERGOTHIONEINE (“ERGO”): PROPRIETARY SCIENCE BASE FOR INITIAL PRODUCTS

• Highly potent naturally occurring multifaceted

antioxidant - can’t be made internally by humans

• Humans have special transporter system to

concentrate ERGO in specific locations as

needed

• Found naturally in certain mushrooms, grapes,

other foods, but not in quantities that can be

ingested in sufficient amounts to help humans

• OXIS has proprietary technology to make ERGO

in sufficient strength to be a dietary supplement

and food/beverage ingredient

• Oxis has 3 patents and 2 patent pending

applications for ERGO (Several more

in development)

• Significant well-documented benefits of ERGO

(based on over 100 research papers and studies):

― Conserves other antioxidants-Vitamin E and Glutathione (GSH)

― Increases respiration and oxidation of fat

― Reduces damage from ultraviolet radiation

― Protects mitochondria from damage

― Directly scavenges certain free radicals and oxidants

― Protects against damage from neuro-toxins that maybe responsible for creating cognitive decline

― Protects red blood cells

SCIENTIFIC BACKGROUND

Page 16: Oxis Rodman & Renshaw Presentation

Advancing Oxidative

Stress Technology

MANAGEMENT AND SCIENTIFIC ADVISORY BOARD

THERAPEUTIC AND

CLINICAL PRODUCTSCONSUMER PRODUCTSSCIENTIFIC BACKGROUNDTHEN AND NOW 15

ERGO: A MULTI-FACETED, ANTI-INFLAMMATORY ANTIOXIDANT

Infection

ERGOTHIONEINE

Cancer

InflammationAging

Neurodegenerative

DiseasesMetabolic Diseases

OXIDATIVE STRESS

ROS Antiox

Alzheimer’s

Parkinson’s

Diabetes, Atherosclerosis,

Cardiovascular diseases

Indirect Antioxidant

Direct Antioxidant

Scavenging Action

Stimulation of Antioxidant

Enzymes (GPx, GRx) Genetic and Epigenetic Regulator

Anti-Inflammatory

Potential

Pharmacogenomic

Benefit

Antioxidant

SCIENTIFIC BACKGROUND

Page 17: Oxis Rodman & Renshaw Presentation

Consumer Products

Page 18: Oxis Rodman & Renshaw Presentation

Advancing Oxidative

Stress Technology

MANAGEMENT AND SCIENTIFIC ADVISORY BOARD

THERAPEUTIC AND

CLINICAL PRODUCTSCONSUMER PRODUCTSSCIENTIFIC BACKGROUNDTHEN AND NOW 17

CONSUMER PRODUCTS – TARGET SEGMENTS

NUTRITION AND WELLNESS

• Dietary Supplements

• Functional Foods

• Functional Beverages (e.g., energy drinks)

PERSONAL CARE

• Creams

• Cosmetics

• Hair care

CONSUMER PRODUCTS

Page 19: Oxis Rodman & Renshaw Presentation

Advancing Oxidative

Stress Technology

MANAGEMENT AND SCIENTIFIC ADVISORY BOARD

THERAPEUTIC AND

CLINICAL PRODUCTSCONSUMER PRODUCTSSCIENTIFIC BACKGROUNDTHEN AND NOW 18

GO TO MARKET STRATEGIES – NUTRACEUTICALS

• Build direct to consumer sales relationships

to maximize margins and repeat sales

• Create marketing alliances with key

thought leaders by product category

• Establish multiple channels:

―Multi-level marketing

― Internet sales

―TV Infomercials

―Long and short form radio infomercials

―Direct mail

―Traditional retail approaches

• Two product launches for Summer 2010

(Others to follow shortly afterwards)

― “Ergo-Pure” - ERGO in pure

form as a highly potent multifaceted

antioxidant

― “Ergo-Plex” – ERGO plus other functional

nutraceutical ingredients directed at Joint

Health/Pain relief.

• Actively exploring several joint venture and

acquisition opportunities

CONSUMER PRODUCTS

Page 20: Oxis Rodman & Renshaw Presentation

Advancing Oxidative

Stress Technology

MANAGEMENT AND SCIENTIFIC ADVISORY BOARD

THERAPEUTIC AND

CLINICAL PRODUCTSCONSUMER PRODUCTSSCIENTIFIC BACKGROUNDTHEN AND NOW 19

GO TO MARKET STRATEGIES –PERSONAL CARE PRODUCTS

• Develop line of ERGO based products with mass marketer (Walmart, Walgreens, CVS, etc.)

• Develop line of products independently – go to market via direct mail, Internet, infomercials

or combination

• Develop strategic partnership with spa market participants and promote custom

developed products

• Develop separate line of personal care products for dermatology market and then also sell at

upscale retail channels such as Bloomingdales and Sephora

CONSUMER PRODUCTS

Page 21: Oxis Rodman & Renshaw Presentation

Therapeutic and Clinical Products

Page 22: Oxis Rodman & Renshaw Presentation

Advancing Oxidative

Stress Technology

MANAGEMENT AND SCIENTIFIC ADVISORY BOARD

THERAPEUTIC AND

CLINICAL PRODUCTSCONSUMER PRODUCTSSCIENTIFIC BACKGROUNDTHEN AND NOW 21

THERAPEUTIC AND CLINICAL PRODUCTS –HIGH UPSIDE POTENTIAL

• Oxis has 9 patents and 5 patent pending applications that cover a number of current and potential

therapeutic and clinical applications

• Most indications for still available for out-licensing to biotech and pharmaceutical companies

• Anti-inflammatory indications seem most promising

• Several ERGO analogs (antioxidant mimics and variations of ERGO) also may have promise in

neurodegenerative (Alzheimer’s and Parkinson’s), diabetes and cardiovascular diseases

GAME PLAN:

• Initiate out-license program

• Add to IP based on relationships with leading researchers as guided by SAB

• JVs with third parties (Several under consideration)

THERAPEUTIC AND CLINICAL PRODUCTS

Page 23: Oxis Rodman & Renshaw Presentation

Advancing Oxidative

Stress Technology

MANAGEMENT AND SCIENTIFIC ADVISORY BOARD

THERAPEUTIC AND

CLINICAL PRODUCTSCONSUMER PRODUCTSSCIENTIFIC BACKGROUNDTHEN AND NOW 22

OXIS THERAPEUTIC AND CLINICAL PRODUCTS –IP PORTFOLIO HIGHLIGHTS

BXT-51072

―Action: Low weight anti-inflammatory glutathione peroxidase mimicking molecule that metabolizes lipid peroxides

―Target Indications: cardiovascular and inflammatory bowel diseases

LIPID SOLUBLE ANTIOXIDANT COMPOUNDS

―Action: Natural cell penetrating potent (20-40X) agent that mimics Vitamin E

―Target Indications: neurodegenerative (Alzheimer’s and Parkinson’s) and cardiovascular diseases

SUPEROXIDE DISMUTASE (“SOD”) RELATED COMPOUNDS

―Action: Naturally occurring ubiquitous enzyme that reduces superoxide (a pivotal free radical) found in all living organisms

―Target Indications: Inflammatory joint disease and prevention of radiation toxicity

THERAPEUTIC AND CLINICAL PRODUCTS

Page 24: Oxis Rodman & Renshaw Presentation

Advancing Oxidative

Stress Technology

MANAGEMENT AND SCIENTIFIC ADVISORY BOARD

THERAPEUTIC AND

CLINICAL PRODUCTSCONSUMER PRODUCTSSCIENTIFIC BACKGROUNDTHEN AND NOW 23

THERAPEUTIC AND CLINICAL PRODUCTS –FDA APPROVED DRUG FOR ANIMALS

• Palosein™ - anti-inflammatory form of SOD (Orgotein)

• Derived from bovine liver

• Previously sold by Oxis

• Currently re-certifying manufacturing process to resume sales

• In discussions with potential distribution partners

THERAPEUTIC AND CLINICAL PRODUCTS

Page 25: Oxis Rodman & Renshaw Presentation

Management and Scientific Advisory Board

Page 26: Oxis Rodman & Renshaw Presentation

Advancing Oxidative

Stress Technology

MANAGEMENT AND SCIENTIFIC ADVISORY BOARD

THERAPEUTIC AND

CLINICAL PRODUCTSCONSUMER PRODUCTSSCIENTIFIC BACKGROUNDTHEN AND NOW 25

MANAGEMENT TEAM

ANTHONY CATALDO

CHAIRMAN & CEO,

DIRECTOR

• Overall management, financings, investor and public relations

• Multiple times public company CEO or Chairman with life science focus (Calypte, Senetek)

• Significant public company investor relations and financing experience

BERNIE LANDES

PRESIDENT

• Overall product/market strategy, mergers, acquisitions, alliances nutraceutical and cosmeceutical

product development and management

• Multiple top management and advisory roles in nutrition, natural foods, supplements, skin care

• Experience at Suracell, Monavie, Zila, Paracelsian, Alacer, Health Valley

MICHAEL HANDELMAN

CFO & TREASURER

• Overall responsibility for financial management and reporting

• Multiple times CFO including LA Kings Hockey Team and several start-ups

• CPA

GARY POST

SECRETARY &

DIRECTOR

• Corporate Governance, Administration, Special Projects

• Multiple interim public and private company Board Member/CEO/COO –

initiated Oxis strategy transition

• Investing and advising with Ambient Advisors, McKinsey, Kidder Peabody, Drexel Burnham

MANAGEMENT AND SCIENTIFIC ADVISORY BOARD

Page 27: Oxis Rodman & Renshaw Presentation

Advancing Oxidative

Stress Technology

MANAGEMENT AND SCIENTIFIC ADVISORY BOARD

THERAPEUTIC AND

CLINICAL PRODUCTSCONSUMER PRODUCTSSCIENTIFIC BACKGROUNDTHEN AND NOW 26

SCIENTIFIC ADVISORY BOARD

A STRONG SAB IS ACTIVELY ASSISTING WITH KEY CONTRIBUTIONS:

• Participating in product development

• Evaluating and contributing to additional IP opportunities

• Evaluating merger, in and out-license opportunities

• Assisting in communicating the Oxis science story to investors

MANAGEMENT AND SCIENTIFIC ADVISORY BOARD

Page 28: Oxis Rodman & Renshaw Presentation

Advancing Oxidative

Stress Technology

MANAGEMENT AND SCIENTIFIC ADVISORY BOARD

THERAPEUTIC AND

CLINICAL PRODUCTSCONSUMER PRODUCTSSCIENTIFIC BACKGROUNDTHEN AND NOW 27

INITIAL MEMBERS OF SAB

OKEZIE I. AROUMA,

BSc, MBA, PhD, MSc, DSc

• Professor of Pharmaceutical

and Biomedical Sciences,

Touro College of Pharmacy, NYC

• Biochemist, world expert and

leading researcher re: Ergothioneine

and Oxidative Stress

• Author of 10 books and 250 peer review

papers focused on oxidative stress, dietary

antioxidants and diseases of overt

inflammation, two patent applications

JOHN E. REPINE, M.D.

• Waring Professor of Medicine, Pediatrics

and Surgery at University of Colorado

and Director of Webb-Waring Center

• Pulmonary/Critical Care Specialist

and expert in antioxidant and

inflammatory research

• Author of over 300 peer review articles

and 14 patent applications

Other candidates under consideration for the SAB have complementary specialties in science and product development

MANAGEMENT AND SCIENTIFIC ADVISORY BOARD

Page 29: Oxis Rodman & Renshaw Presentation

Summary

Page 30: Oxis Rodman & Renshaw Presentation

Advancing Oxidative

Stress Technology

MANAGEMENT AND SCIENTIFIC ADVISORY BOARD

THERAPEUTIC AND

CLINICAL PRODUCTSCONSUMER PRODUCTSSCIENTIFIC BACKGROUNDTHEN AND NOW 29

MARKET SNAPSHOT (April 30, 2010)

COMMON STOCK TICKER: (OXIS.OB) (OXI.PA)

STOCK PRICE: $0.19

52 WEEK RANGE: $0.04 – $0.61

SHARES OUTSTANDING: 102.5 million

MARKET CAPITALIZATION: $ 19.5 million

29Rodman and Renshaw, LLC | Global Investment Conference 29May 2010

Page 31: Oxis Rodman & Renshaw Presentation

Advancing Oxidative

Stress Technology

MANAGEMENT AND SCIENTIFIC ADVISORY BOARD

THERAPEUTIC AND

CLINICAL PRODUCTSCONSUMER PRODUCTSSCIENTIFIC BACKGROUNDTHEN AND NOW 30

KEY POINTS

• Large potential markets for unique products, especially incorporating ERGO

• Strong IP position

• Diversified strategies for growth

• Highly qualified Management and SAB team

MANAGEMENT AND SCIENTIFIC ADVISORY BOARD

30Rodman and Renshaw, LLC | Global Investment Conference 30May 2010

Page 32: Oxis Rodman & Renshaw Presentation

Thank You