management team dr stephen edwards: commercial and managing director phd industrial biotechnology,...
TRANSCRIPT
Management Team
Dr Stephen Edwards: Commercial and Managing Director
PhD Industrial Biotechnology, Knowledge Transfer Manager
Professor Mathew Brown: Research and Development Director
Professor of Cell Biology & Applied Virology
Dr Amos Iorliam: Operations DirectorMBA Harvard University, LLP
Ruth Kennedy-Walker: Finance Director
MBA, FCA, Chartered accountant: PWC
COST OF PIPELINE CORROSION
COST OF MIC
£12.1 Billion
£3.6 Billion
Cost of Corrosion in the Oil Industry
Microbial Influenced Corrosion
Metabolites
Microbial Influenced Corrosion
COST OF PIPELINE CORROSION
COST OF MIC
£12.1 Billion
£3.6 Billion
£1.9 Billion
Cost of MIC in the Oil Industry
MIC Mitigation/Maintenance
• Dewatering • Physical Cleaning (Pigging)• Flushing/Addition of Biocides• Introduction of Chemical Inhibitors• Internal pipeline coatings
MIC Phage Therapy
• Lab Scale Results:Reduced Biofilm Formation by up to 20%Reduced MIC Causing Bacteria by 60%Reduced Corrosion by up to 25%
Phage Therapy Vs. Biocides/Inhibitors
Phage Addition Biocide Addition
Market Opportunity
£1.9 Billion p.a £475 Million p.a
Where We Have Come From?
2008 2009 2010 2011 2012 2013 2013
Investment Pitch2/12/2013
Formation of Spin Out Company - Phage Off1/4/2013
EPSRC Advanced Research Fellowship 1/9/2008
1/3/2013 - 1/3/2013International Patents Filed in Target Nations
1/5/2013 - 1/5/2013 UK IP Granted
1/11/2010 - 1/11/2010 UK Priority Applications
16/9/2013 - 16/9/2013IP License and Research Concordat Agreed with University
1/9/2011 - 1/9/2012 Phage Application Experiment
1/9/2009 - 1/9/2011 Development of Lab Scale Culture Techniques
1/9/2008 - 1/9/2010 Identification and Isolation of Major MIC causing Bacteria and Associated Phages
Business Strategy: Years 1 - 3
2013 2014 2015 2016 2017 2017
End of Year 3 1/1/2017
End of Year 21/1/2016
End of Year 11/1/2015
Investment Pitch2/12/2013
Formation of Spin Out Company - Phage Off1/4/2013
1/1/2014 - 1/1/2017 Continued R & D
1/1/2016 - 1/1/2017Identify Potential Licensees/ Building Market Presence
1/7/2014 - 1/7/2016 Scale Up of Phage Application
1/7/2014 - 1/3/2017 Production of Phage Culture
1/1/2014 - 1/7/2014 Scale Up of Phage Culturing Techniques
Intellectual Property
2010 2011 2012 2013 2014 2015 2016 2017 2017
End of Year 3 1/1/2017
End of Year 21/1/2016
End of Year 11/1/2015
Investment Pitch2/12/2013
Formation of Spin Out Company - Phage Off1/4/2013
1/12/2014 - 1/11/2016 Patents Granted in Target Nations
1/3/2013 - 1/3/2013 International Patents Filed in Target Nations
1/9/2011 - 1/9/2011 International PCT Applications
1/5/2013 - 1/5/2013 UK IP Granted
1/11/2010 - 1/11/2010 UK Priority Applications
Expenditure: Years 1 - 3
Projected Income: Years 4 - 10
Growth and Future Markets
GasOil
Wastewater
Drinking water
Thank You