Navya Biomedical Technologies, LLC - Office of Research ...
Navya Biomedical Technologies, LLC - Office of Research ...
Navya Biomedical Technologies, LLC - Office of Research ...
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<strong>Navya</strong> <strong>Biomedical</strong> <strong>Technologies</strong>, <strong>LLC</strong><br />
Developing Fullerenes to Image and Destroy Tumors<br />
<strong>Navya</strong> <strong>Biomedical</strong> <strong>Technologies</strong>, <strong>LLC</strong> (<strong>Navya</strong>) is a privately held biotechnology company that designs,<br />
develops, and commercializes novel proprietary polyhydroxy fullerenes to non-invasively<br />
image and destroy solid tumors with minimal damage to healthy tissue. The company is founded<br />
on breakthrough scientific discoveries by renowned cancer and nanoparticle researchers from the<br />
University <strong>of</strong> Florida. Their work demonstrates the untapped potential for improving precision in<br />
diagnostic procedures and cancer treatments.<br />
Technology<br />
The company’s proprietary technology<br />
is based on the unique<br />
photothermal and photoacoustic<br />
properties <strong>of</strong> polyhydroxy<br />
fullerenes (PHF) that make<br />
them highly effective for cancer<br />
treatment. The outpatient<br />
procedure takes approximately<br />
30 minutes with an injection <strong>of</strong><br />
PHF solution/nanoparticle suspension<br />
directly into the tumor,<br />
which is then exposed to an infrared<br />
laser. This treatment has<br />
shown a decrease in tumor size<br />
by average <strong>of</strong> 32 percent (up to<br />
72 percent) within 2 hours <strong>of</strong><br />
treatment, with little effect on<br />
normal body tissue. Twenty<br />
hours later, only a blister is visible.<br />
PHF permits controlled and<br />
localized heat generation, which<br />
PHF is injected into tumor, imaged by photoacoustic tomography and exposed to nearinfrared<br />
laser. The tumor shrinks within two hours <strong>of</strong> exposure, and 20 hours later only a<br />
blister is visible at the tumor site.<br />
allows for selective laser-assisted surgery with minimal damage to surrounding tissue, as well as<br />
controlled drug release and delivery. <strong>Navya</strong>’s proprietary technology will lead to products well<br />
positioned in the marketplace, with competitive advantages over existing cancer treatments. Functionalized<br />
fullerenes are biocompatible, biodegradable, and are easily eliminated from the body in<br />
urine – unlike carbon nanotubes or gold nanoshells, which are not biodegradable and accumulate<br />
in the liver and spleen. Polyhydroxy fullerenes exhibit beneficial biomedical characteristics that<br />
could lead to multiple product lines. <strong>Research</strong> has demonstrated their ability to stimulate growth<br />
and reproduction, up-regulate the immune system and impede tumor growth / resorption, inhibit<br />
allergic response, and protect the central nervous system and brain tissue from oxidative stress.<br />
Market Potential<br />
Cancer is the second leading cause <strong>of</strong> death in the United States: One out <strong>of</strong> every 2 men and 1 out<br />
<strong>of</strong> every 3 women will develop at least one form <strong>of</strong> the disease. The National Institutes <strong>of</strong> Health<br />
(NIH) estimated the overall cost <strong>of</strong> treating cancer in 2010 at $264 billion: $103 billion for direct<br />
medical costs, $21 billion for indirect morbidity costs; and $140 billion for indirect mortality costs.<br />
<strong>Navya</strong>’s technology can treat all malignant or benign tumors. <strong>Navya</strong> intends to begin developing<br />
and commercializing treatment applications for solid tumor cancers, beginning with breast cancer<br />
– the most frequently diagnosed cancer among women in the United States.
Strategy<br />
<strong>Navya</strong> is seeking $5M in private equity funding to support execution <strong>of</strong> the clinical studies needed to<br />
bring the PHF technology to the marketplace. Funding will also support ongoing R&D for new products<br />
and applications and <strong>of</strong>fset basic operational costs. The company has acquired key PCT applications,<br />
which are protected by national phase patent applications.<br />
Management Team<br />
Ravi Kiron, Ph.D., MBA – Chief Executive <strong>Office</strong>r<br />
Dr. Kiron has 25 years’ experience in the pharma and healthcare industry. He was a pr<strong>of</strong>essor at Cornell<br />
Univ. Medical College, New York; and developed Cardiovascular, CNS & Oncology R&D programs<br />
at Pfizer Inc. and J&J (ALZA). Dr. Kiron earned a B.S. (Chem) and M.S. (Microbio) at Bombay University,<br />
India; a Ph.D. (Biochem) at Indian Institute <strong>of</strong> Science, and an MBA from Rensselaer, NY.<br />
Abhita Batra, M.S. – Chief Operating <strong>Office</strong>r and Co-Founder<br />
Ms. Batra <strong>of</strong>fers broad business development, marketing and technical experience in the pharma and<br />
healthcare industry. She is the Founder and Managing Director <strong>of</strong> ABC; a consulting firm providing<br />
expertise in the establishment and sustenance <strong>of</strong> global business for pharma and biotech companies.<br />
Ms. Batra earned a B.E. in Biotechnology at Panjab University (India), and M.S. in Biotechnology and<br />
Pharmaceutical Sciences at the University <strong>of</strong> Pennsylvania.<br />
Amit Vohra, Ph.D. – President and Co-Founder<br />
Dr. Vohra has comprehensive expertise in new product development and product lifecycle management<br />
in the regulated healthcare and biomedical industry. He serves as Director, Engg. & Mfg. at a<br />
medical-device startup, and leads development <strong>of</strong> products in the prostate cancer domain from ground<br />
research phase to final commercial product. Dr. Vohra received his doctorate from UF.<br />
Scientific Advisory Board (University <strong>of</strong> Florida)<br />
Brij Moudgil, Ph.D., Director <strong>of</strong> the Particle Engineering <strong>Research</strong> Center, has published more<br />
than 300 technical papers, presented more than 50 papers, received 13 patents and won several major<br />
awards. He completed his graduate education at Columbia University.<br />
Vijay Krishna, Ph.D., is a Postdoctoral Fellow with the Particle Engineering <strong>Research</strong> Center. He<br />
is the primary inventor on 15 patent applications and has authored 12 journal articles. Dr. Krishna<br />
earned a B.E. in Chemical Engineering at Bangalore University and a Ph.D. at UF.<br />
Ben Koopman, Ph.D., is a Pr<strong>of</strong>essor in the Department <strong>of</strong> Environmental Engineering Sciences,<br />
has authored more than 120 journal publications. He earned a B.S. in Civil Engineering at Oregon<br />
State University and a Ph.D. at the University <strong>of</strong> California, Berkeley.<br />
Stephen Grobmyer, M.D, an Associate Pr<strong>of</strong>essor in the Department <strong>of</strong> Surgery, earned his M.D.<br />
from the University <strong>of</strong> Texas Southwestern and completed surgical training at NY Hospital Cornell<br />
Medical Center and Memorial Sloan-Kettering Cancer Center. He serves as Co-Director <strong>of</strong> the Women’s<br />
Cancer Collaboration between the UF Shands Cancer Center and M<strong>of</strong>fitt Cancer Center. He is a<br />
surgical oncologist with expertise in the management <strong>of</strong> solid tumors including breast, skin, and gastrointestinal<br />
cancers and authored 90 peer reviewed publications.<br />
Contact Information<br />
Ravi Kiron, CEO<br />
<strong>Navya</strong> <strong>Biomedical</strong> <strong>Technologies</strong>, <strong>LLC</strong><br />
(650) 224-3836 • rkiron@navyabiomedical.com<br />
For more information about this UF startup company or other spin<strong>of</strong>f<br />
opportunities from the University <strong>of</strong> Florida, contact:<br />
UF TechConnect ® (352) 846-1840