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Started: - with $200,000 and 3 scientists - in a small laboratory at Seoul National University - in November, 1996. First university-based venture company in Korea First gene medicine company in Korea Seoul National University High quality Graduate Manpower Students Government Intellectual Property - Patents Technology - Scientific papers Capital MOST MOCIE Governmental support was instrumental at the commencement stage. However, the company needed a critical amount of money for growth. Domestic company was too conservative to invest in long-term, high risk projects. CEO: Sunyoung Kim, D. Phil. Established: Nov. 21, 1996 Listed on Korean KOSDAQ market (December, 2005) Total Personnel: 66 Market Cap: US $ 50 - 200 million Most Active Biotech Company in Korea - Phase II for 1 product (China) - Phase I for 1 product (US, Korea and China) - Phase I/II for 1 product (Korea) - Phase I planned for 1 anti-cancer product in 2009 (Korea) - Active R & D in progress for cancer and autoimmune diseases Target Markets US, Japan, EU, China, Korea, etc. Global Competitiveness - Out-licensing Records (UK, Japanese, and Chinese Companies) - Global Capital Placement - Patents Issued in Major Countries Including the US, Japan, EU, etc. - Scientific Papers Published in Renowned International Scientific Journals DNA-Based Virus-Based Recombinant Protein Retrovirus Naked DNA Phase II Phase I/II Phase I Phase I 1 1 3 2 (Planned in 2009) Adenovirus VM202 (phase I) Clinical Trial Critical Limb Ischemia Coronary Artery Disease VM206 (pre-clinical) VM106 (phase I/II) Chronic Granulomatous Disease VM501 (phase II) Thrombocytopenia Cancer (1) Anti-Cancer Genetic Vaccine R&D Rheumatoid Arthritis Autoimmune diseases(1) Genetic Diseases Cancer Cancer Psoriasis Multiple Sclerosis VM202 Angiogenic medicine for ischemic cardiovascular diseases • Company’s proprietary expression system pCK ColE1 p(HCMV) • Designed to produce the two isoforms of human HGF (723 and 728 amino acids) e1 • Effects: Formation of new blood vessels VM202 (Kanr ) (Backbone: pCK) pA(BGH) e2 • Patents: Issued in Japan, Europe, Korea, Singapore, China and Hong Kong and filed in the US and Brazil Target: Coronary Artery Disease No. 1 or 2 cause of death in all major countries Direct Injection Catheter Drug-Eluting Stent World market size of gene medicine for cardiovascular diseases: > $3.3 B by year 2015 (Jain Pharmabiotech, 2006) Day 1 (Pre-dose) Target : Peripheral Artery Disease Day 59 (Ischemic Limb Disease) Day 1 (Pre-dose) Day 15 Day 1 (Pre-dose) - Hospitalization of about 250,000 patients annually in the US - World market size in peripheral artery disease: $1.5B (DataMonitor, 2004) Day 90 VM202 Coronary Artery Disease (Myocardial Infarction, Angina Pectoris) A leading cause of death in developed countries 911,000 deaths annually in the US Approximately 16 million patients in the US experience CAD Peripheral Artery Disease Diabetic Neuropathy Estimated 8 million Americans (symptoms of PAD) About 250,000 patients hospitalized annually in the US Direct Muscle Injection Direct injection on Heart muscle Phase I (Korea) Ongoing (6/9) By Catheter Drug-Eluting Stent Phase I (US) 2009 Pre-clinical Phase I (US) Enrollment completed (12/12) Phase I (China) Enrollment started (0/21) Phase I/II (US) Planned for DN Cancer patient VM501 Original wild type IL-11 → Highly toxic Genetically Modified IL-11 Antibody Her2 Her2 expressing cancer cells CTL IND Submission in 1Q, 2009. Phase I trial planned in 3Q, 2009. Pre-clinical experiments have been completed in murine, canine, and primate models. DNA-Based Virus-Based Recombinant Protein Retrovirus Naked DNA Phase II Phase I/II Phase I Phase I 1 1 3 2 (Planned in 2009) Adenovirus VM202 (phase I) Clinical Trial Critical Limb Ischemia Coronary Artery Disease VM206 (pre-clinical) VM106 (phase I/II) Chronic Granulomatous Disease VM501 (phase II) Thrombocytopenia Cancer (1) Anti-Cancer Genetic Vaccine R&D Rheumatoid Arthritis Autoimmune diseases(1) Genetic Diseases Cancer Cancer Psoriasis Multiple Sclerosis ViroMed has grown from a small university-born company to one of the most active biopharmaceutical companies in Asia. ViroMed has developed 4 products, that are under phase I or phase II human trials in the US, China, and Korea. In addition, 2 products are being actively developed for cancer and autoimmune diseases. ViroMed is a multi-portfolio biopharmaceutical company with solid multiple technology platforms. ViroMed is a unique and sophisticated biotech company, poised to become a significant global player in the field.