Speakers - Sachs Associates
Speakers - Sachs Associates
Speakers - Sachs Associates
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CONTACT<br />
Carina Schmidt<br />
Chief Executive Officer<br />
ADDRESS<br />
Fogdevreten 2A<br />
17165 SOLNA<br />
SWEDEN<br />
TELEPHONE<br />
+46 8 508 847 44<br />
Carina Schmidt<br />
+46 76 1938 190<br />
EMAIL<br />
info@athera.se<br />
c.schmidt@athera.se<br />
YEAR FOUNDED<br />
2002<br />
Athera Biotechnologies AB<br />
www.athera.se<br />
FINANCIAL SUMMARY<br />
Current shareholders, including Karolinska Development AB (publ), Baltic Sea Foundation and KCIF Coinvestment<br />
Fund AB, have invested nearly €17 m in the company.<br />
Athera is currently in discussion with investors to raise €10 m to fund the Phase I clinical trial of PC-mAb.<br />
Athera plans to partner the program with pharma partners at the end of Phase I trial. Current shareholders have<br />
committed to invest up to 1/3rd of the current financing need.<br />
COMPANY PROFILE<br />
PC-mAb is a fully human monoclonal antibody which neutralizes a key driver of vascular inflammation,<br />
phosphorylcholine (“PC”), and will be indicated for secondary prevention to improve outcome after acute<br />
coronary syndrome (“ACS”). Low endogenous levels of antibodies to phosphorylcholine (“anti-PC”) have been<br />
linked to a higher incidence of secondary events as well as a markedly increased mortality after the coronary<br />
event. This program is in IND-enabling studies and the IND is expected in 2013.<br />
To enhance clinical success by properly selecting the target population, Athera has developed a proprietary<br />
companion diagnostic CVDefine® kit to identify patients with low anti-PC levels in need of receiving PC-mAb<br />
therapy. The kit is CE-approved.<br />
Athera is a biopharmaceutical company focused on developing targeted anti-inflammatory bio-therapeutics<br />
and companion diagnostics for the prevention and treatment of cardiovascular disease (“CVD”). The Company<br />
initiated its current program, harnessing breakthrough innovations made at the world-renowned Karolinska<br />
Institute. The company currently has a proprietary pre-IND program, PC-mAb, supported by an approved<br />
proprietary companion diagnostic kit.<br />
MANAGEMENT<br />
Athera is managed by a team of senior professionals from the pharmaceutical and diagnostics industries in<br />
a semi-virtual organization. The core team is led by CEO, Carina Schmidt. Ms. Schmidt has nearly 30 years<br />
industrial experience, mainly in business development and management, international marketing and product<br />
management within the biotech area. During 15 years she has worked with Pharmacia Biotech/Amersham<br />
Biosciences (now GE HealthCare). Later she founded Grasp Bioscience and co-founded BioBusiness Partners<br />
Scandinavia, where positions included management consultant, interim CEO and business advisor to several<br />
biotech start-ups.<br />
In Nov 2011, a new Scientific Advisory Board was formed in Athera, which includes Professors Peter Libby,<br />
Maarten Simoons, Lars Wallentin and Ulf de Faire.<br />
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WELCOME PHARMA LICENSING GROUPS<br />
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