FermCo, Inc. Toll Fermentation FermCo, Inc. Toll Fermentation Eastman Business Park, Rochester NY PAC RIM BIO, San Diego, CA December, 2014 BioEconomy Partners
FermCo, Inc. Toll Fermentation
FermCo, Inc. Toll Fermentation Eastman Business Park, Rochester NY
PAC RIM BIO, San Diego, CA
December, 2014
BioEconomy Partners
COMPETITION READY AND WELL
FUNDED
Barriers to Crossing Commercializa1on Gap
Remain the Same Intensity
BioEconomy Partners
• Capital Intensive scale up -‐ contract or construct • No Company Bandwidth • Distant Demo Scale -‐ Proximity Effect • Distant Technology Transfer • Cross culture rela1onship management • Limited ability to expand opera1ons at site • Capital raise (again) • Site selec1on 1me and travel intensive • Government incen1ves uncertain • Decreases efficiencies -‐ poten1al not captured • Lag 1mes of pilot and demo slow commercial
scale efforts • No cure for supply uncertainty • Exis1ng Contract Fermenta1on costly, and oMen
not centric to service providers business • Partnering with large players no guarantee of
customer certainty
2
0
0
7
1
0
2
North America 390K L +/-
0
South America 0
0
Africa 0
7
Europe 5.2M L +/-
1
Asia 1.6M L +/-
0
Australia 0
Global Capacity Toll Fermenta1on: 7.1M L “addressing cri1cal weak links early is vital for commercializa1on success”
Fermenta1on Front Loading: FermCo, Inc.
BioEconomy Partners
• Biotechnology licensors • VC -‐ providing access for porXolio companies • Biotechnology scale up • Addi1onal IP scale up • Large players with biotechnology partners • Downstream partners for supply assurance
• $30M Capex • 2,000,000 liter general purpose facility • 6 320,000 liter fermenters • 3 trains of 5,000, 40,000 liter
fermenters • Priority Right of Produc1on 30 days
BioEconomy Partners
A Fermenta1on Company with a Flexible Produc1on System for customers to reduce risk in the supply chain. • Dedicated cost effec1ve fermenta1on • Robust service model • Assignable Priority Produc1on Right • Produc1on within 30-‐60 days • Assignable right can be licensed to other
companies or strategic partners, or even sold if not needed
• LEED Cer1fied Plant • Advantaged site • Constructed with a coopera1ve input process • Phased investment lowers risk, • Can be leveraged with downstream partners • Advantaged co-‐loca1on opportunity
Fermenta1on Front Loading: FermCo, Inc.
CP
EPCM
GOV
Customer-‐Partners
Site
Developer
Flex Facility
Public Partner
Paradigm ShiM: the FermCo, Inc. Model
BioEconomy Partners
FermCo Inc. Holding Company
Toll Fermenta1on
Project En1ty CAPEX $30M
FermCo Inc. Holding Company
Bioscience Manufacturing Center
Project En1ty CAPEX $30M
Non-‐Dilu1ve Equity
FermCo, Inc. Strategic Partner Model
Return
EPCM Engineering Procurement Construc1on Management
OPERATIONS Salaried Employees, Management, Administra1on, Associa1on Fees
BioEconomy Partners
Equity
Strategic Partner Investor -‐ VC
Strategic Investor / Customer
BioEconomy Partners -‐ Confiden1al -‐
Debt
Ins1tu1onal Investors
Strategic Investor / Chems
BioEconomy Partners
The right knowledge and the right rela1onships
at the right 1me.
-‐ Confiden1al -‐
Contact: Ally LaTourelle, Esq. [email protected] P. 917-‐428-‐6008 www.bioeconomypartners.com Skype: ally.latourelle
The informa1on contained herein is of a general nature and is not intended to address the circumstances of any par1cular individual or en1ty. Although we endeavor to provide accurate and 1mely informa1on, there can be no guarantee that such informa1on is accurate as of the date it is received or that it will con1nue to be accurate in the future. No one should act upon such informa1on without appropriate professional advice a=er a thorough examina1on of the par1cular situa1on.