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Revolutionary Alzheimer's Treatment
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REASONS TO INVEST
TEAM
Pazhani Sundaram PhD • President, Chief Executive Officer, Interim-CFO, and Chairman of the Board
Dr. Sundaram's focus for the past 19 years has been to develop a viable drug to treat Alzheimer's Disease. He has been awarded multiple SBIR grants and matching grants to perform this task. He is also an inventor of the patented drug called 'Amytrap' to treat Alzheimer's Disease. Current research focuses on the safety/toxicology assessment of this drug with the support of a recent phase 2 SBIR grant award. Efforts are underway to join forces with investors from multiple platforms to expedite the preclinical development activities. Immediate efforts are focused on developing a device called 'Amytrapper' to trap amyloid from circulation utilizing the proprietary API molecule. This research is also supported by a peer-reviewed grant from NIA.
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Amrit Dhawan • Secretary
Amrit's primary occupation is working for Yale University. She serves as a part-time Secretary for Recombinant Technologies, working 5 hours per week.
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Treating the Root Cause of Alzheimer’s Disease
We have developed a patented molecule (AmyTrap) with demonstrated success in animal-model proof of concept studies to remove amyloid-beta, which is the physiological cause behind the plaque buildup in the brain associated with Alzheimer's Disease.
Incorporating that same molecule, we designed and developed two types of extracorporeal devices, called AmyTrappers, for treatments. These proposed innovative devices trap amyloid from circulation (just like dialysis to remove urea in patients with kidney failure) which may lead to achieving a novel treatment strategy that improves the lives of patients with AD.
We are excited about the promising results AmyTrapper has shown up to this point, and are now ready to bring our technology to the next level through new research that will result in the initiation of human trials.
The problem
Current Alzheimer’s Disease Treatments Fall Short
Alzheimer’s Disease (AD) is a common disease leading to dementia affecting millions of people worldwide.
One of the many targets in treatment for AD is amyloid-beta plaque buildup. However, currently there are no treatments that address amyloid-beta as the underlying pathophysiology behind Alzheimer’s. Instead, most current drugs work to alleviate symptoms or marginally slow disease progression. Recently, Biogen’s Aduhelm(Adecanumab) was accepted by the FDA as the first treatment that targets reduction of amyloid- beta plaque in the brain. This underscores the significance of amyloid- beta plaque removal strategies as a key against Alzheimer’s .
The solution
AmyTrap Treats the Cause, Not Just the Symptoms
Our prototype, AmyTrap, is designed to reduce disease-causing amyloid-beta plaque burden, improving memory by addressing the physiological cause behind Alzheimer’s Disease.
*Image is a computer-generated demo version. Product is still currently under development.
Use of the technology will slow disease progression in individuals at high risk of developing Alzheimer’s disease, increasing the duration of their independence and lessening third-party payor outlay for symptomatic treatments and caregiving.
The market
Meeting a Growing Need in Alzheimer’s Treatment
We estimate the total market size to be approximately $570,000,000 at the growth rate of 17.5% in 2018. 5,500,000 people in the U.S. have Alzheimer’s disease, and 5% of these patients have early-onset Alzheimer’s disease due to genetic or other factors.
The niche therefore consists of 285,000 patients, and at $2000 per year in treatment, that amounts to a $570,000,000 total potential market. We believe that Amytrapper will be one of the few devices in the immediate future to address this unmet medical need by treating this subset population.
our traction
Promising Early Results and Patented Technology
We have established proof of concept through our animal model, where we saw improved memory and behavior in model mice after treatment. In addition, toxicity and safety assessments in rats and dogs have been completed. Amytrap, the underlying molecule, was found to be safe and non toxic. Further, Amytrapper animal testing is in progress.
We have achieved Intellectual Property protection in the form of a patent issued by USPTO which has been issued to Recombinant Technologies LLC. We have also won multiple small business innovation grants from the National institutes of Health through a rigorous peer-review process.
what we do
Clearing Plaque Buildup to Improve Memory
AmyTrap is a patented molecule composed of polymer-bound short peptides with the capacity to capture beta-amyloid (Aβ) peptide. Amytrap binds and sequesters Aβ from the circulation, leading to the depletion of amyloid plaques from the brain in model mice.
Our preliminary studies in animal models suggest that AmyTrap does not enter the brain. Undetectable levels of AmyTrap and reduction of the Aβ burden in the brain suggest that the AmyTrap possibly exerts its therapeutic activity by acting as a peripheral sink for circulatory Aβ. Based on these observations it has been hypothesized that Aβ exists in equilibrium between the brain and in circulation. Sequestration of the circulatory Aβ in the periphery creates an imbalance in this equilibrium driving efflux of Aβ from the brain into the circulation.
The business model
Working with Established Partners to Reach High-Risk Patients
Currently, we are pre-commercialization and looking to perform additional research to perfect our product.
When we are ready for commercialization, our strategy will initially be aimed at therapy towards individuals at highest risk, in particular those with familial or genetic predisposition for onset of Alzheimer’s disease. We plan to partner with established organizations with a substantial footprint in the marketplace to implement our treatment.
*Likely to increase overtime
We estimate the cost per treatment to be approximately $500. Four treatments per patient per year are proposed, which would generate revenue of $2000 per patient per year. We are the only player in this market as of now.
How we are different
Our Technology Stops Alzheimer’s at the Source
According to our research, AmyTrapper devices are among the first of their kind in their focus on the depletion of beta amyloid from the brain prior to memory deterioration. Rather than functioning as an anti-beta amyloid antibody, our treatment specifically binds to the critical region of beta amyloid necessary for aggregation.
We expect this breakthrough to significantly improve the living condition of people with Alzheimer’s Disease, especially with its focus on early intervention.
the vision
Developing a Life-Changing Treatment
We see our technology as an opportunity to improve the lives of the many patients suffering from Alzheimer’s Disease and related dementia.
Our goal is to complete the studies to get FDA approval of the device within two to three years. Upon this milestone, we plan to exit by outright sale or license the technology out on a milestone and royalty reimbursement model.
our leadership
Experts in Science, Medicine, and Finance
Dr. Pazhani Sundaram, the Founder-President has wide experience in research and development. He was trained at Yale School of Medicine for about a decade prior to founding this company. He has successfully performed a clinical trial on a cholesterol-lowering Indian herbal medicine and commercialized it in the Indian pharmaceutical market.
Our team represents decades of experience across scientific research, biopharmaceuticals, and finance. We believe strongly that this technology will fill an unmet medical need and change many people’s lives for the better.
why invest
A Unique Treatment for a Better World
In 2021, treatment of patients with Alzhemier’s Disease and dementia will cost the nation $355 billion, and this cost is likely to increase to $1.1 trillion by 2050. We need to change the way we are approaching the problem.
Through our technological innovation, we believe we can stop beta amyloid plaque build-ups before they happen in the brain, rather than simply treating the symptoms. Our promising proof of concept trial results alongside our patented technology have us well prepared to move into the next phase of trials.
ABOUT
HEADQUARTERS
1090 Meriden Waterbury Tpke, Suite 1
Cheshire, CT 06410
WEBSITE
View Site
TERMS
Recombinant Technologies
Overview
PRICE PER SHARE
$1
DEADLINE
Feb. 12, 2022 at 7:59 AM UTC
VALUATION
$35M
FUNDING GOAL
$10K - $1.07M
Breakdown
MIN INVESTMENT
$200
MAX INVESTMENT
$107,000
MIN NUMBER OF SHARES OFFERED
10,000
MAX NUMBER OF SHARES OFFERED
1,070,000
OFFERING TYPE
Equity
SHARES OFFERED
Common Stock
Maximum Number of Shares Offered subject to adjustment for bonus shares
*Maximum number of shares offered subject to adjustment for bonus shares. See Bonus info below.
Voting Rights of Securities Sold in this Offering
Each Subscriber shall appoint the Chief Executive Officer of the Company (the “CEO”), or his or her successor, as the Subscriber’s true and lawful proxy and attorney, with the power to act alone and with full power of substitution, to, consistent with this instrument and on behalf of the Subscriber, (i) vote all Securities, (ii) give and receive notices and communications, (iii) execute any instrument or document that the CEO determines is necessary or appropriate in the exercise of its authority under this instrument, and (iv) take all actions necessary or appropriate in the judgment of the CEO for the accomplishment of the foregoing. The proxy and power granted by the Subscriber pursuant to this Section are coupled with an interest. Such proxy and power will be irrevocable. The proxy and power, so long as the Subscriber is an individual, will survive the death, incompetency and disability of the Subscriber and, so long as the Subscriber is an entity, will survive the merger or reorganization of the Subscriber or any other entity holding the Securities. However, the Proxy will terminate upon the closing of a firm-commitment underwritten public offering pursuant to an effective registration statement under the Securities Act of 1933 covering the offer and sale of Common Stock or the effectiveness of a registration statement under the Securities Exchange Act of 1934 covering the Common Stock.
Investment Incentives*
Time-Based:
Friends and Family Early Birds
Invest within the first 48 hours and receive additional 20% bonus shares.
Super Early Bird Bonus
Invest within the first week and receive additional 15% bonus shares.
Early Bird Bonus
Invest within the first two weeks and receive an additional 10% bonus shares.
Amount-Based:
$500+ | Tier 1
Invest $500 and receive 2% bonus shares.
$1,000+ | Tier 2
Invest $1,000 and receive 5% bonus shares.
$2,500+ | Tier 3
Invest $2,500 and receive 7% bonus shares.
$5,000+ | Tier 4
Invest $5,000 and receive 10% bonus shares.
$10,000+ | Tier 5
Invest $10,000 and receive 15% bonus shares.
*All perks occur when the offering is completed.
Irregular Use of Proceeds
PRESS
'Amytrapper', a Novel Immobilized Sepharose API Matrix, Removes Amyloid-β from Circulation in vitro
Recombinant Technologies LLC (RTL) has developed and studied its proprietary Amytrap peptide to remove Aβ from circulation which in turn depletes brain Aβ in a clinically relevant mouse model of AD. The results provide a proof of concept for our proposed prototype design for an Amytrapper device.
Pre-Clinical Safety and Efficacy Evaluation of Amytrap, a Novel Therapeutic to Treat Alzheimer's Disease
Efficacy evaluations were performed on model mice. Pharmacokinetics and safety toxicology were assessed. Post treatment, mice showed significant improvements in cognition. Efficacy and safety features make Amytrap a promising candidate for treating or modulating AD.
ALL UPDATES
02.11.22
Last Chance to invest in this game-changing Alzheimer's Therapeutic/Device
Take Advantage of this last day opportunity before the campaign closes. As for updates we have the following in the pipeline:
1. Two NIH grant proposals are under review
2. Two investment firms and a private high net worth investor are in the process of doing due diligence to get involved with our patented molecule based technologies to treat Alzheimer's Disease.
3. The valuation potentially could increase many fold if the FDA approves the device within 2-3 years.
We want the SE community to get the best of this campaign opportunity. So get excited and get involved by investing at the following link
https://investment.startengine.com/recombinant-technologies
The information included above is forward-looking information. Please refer to our risk factors section in our Form C and to our Forward-Looking Information Legend included in our Terms section on this page.
02.08.22
Final few days to close out this campaign
Only Three Days Left before the campaign closes
You have a very short period of time before the current campaign closes on the SE platform. Get in early and participate in the growth and history of a great disease modifying therapy to treat Alzheimer's and other amyloidosis. Let us join together to make their (AD patients) living better !!!
Here's the link to invest !
https://investment.startengine.com/recombinant-technologies
02.05.22
Exciting Development
Great News ! We are proud to announce that there are some private clients interested to invest about $ 5 million in our company. This goes to show the confidence from these clients on our technology. We are hoping to finalize the transaction by signing a definitive agreement. This may occur after this offering closes. Once this happens, we will keep the investors and potential investors from start engine posted with details. In addition, I would like to take take this opportunity to thank the current investors for your confidence in our company. I also encourage all of you to take advantage and invest to increase your value along with the company's. You have a very short period of time before the current campaign closes on the SE platform. Here's the link to invest !
https://investment.startengine.com/recombinant-technologies
The information included above is forward-looking information. Please refer to our risk factors section in our Form C and to our Forward-Looking Information Legend included in our Terms section on this page.
01.12.22
Campaign updated to allow more investors
We are happy to share the exciting news! To those who were worried about missing the boat. In order to accommodate more investors, Start Engine has extended this campaign by one month. So, get in and be part of the history ! join us in this exciting journey to invest and to help find a possible cure for Alzheimer's Disease !! Use the link below.
https://www.startengine.com/recombinant-technologies
Besides this campaign Recombinant is working to raise private capital via other partners and through grant applications worth about $ 1.8M are under review at the National Institute on Aging, National institutes of Health.
01.12.22
Notice of Material Change in Offering
[The following is an automated notice from the StartEngine team].
Hello! Recently, a change was made to the Recombinant Technologies offering. Here's an excerpt describing the specifics of the change:
Campaign is extending by 30 days.
When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.
01.07.22
Limited time before the campaign closes
Only a few weeks to get involved before this campaign ends ! Participate in this exciting opportunity to help those affected by Alzheimer's disease. Take a look at this video illustration:
12.21.21
Update from Founder-President
We are thankful for your support. As we enter the new year we have reached a major milestone of $ 75,000 in our campaign raise. With respect to our research front, we are initiating a key animal model testing study in January 2022. Additional research funding (in multimillion dollar grant applications that are in review) is also sought from the National Institute on Aging, NIH. We anticipate positive results in 2022. With your continued help, we hope to able to kickstart the FDA application/approval process for our device, in 2022. Please join us and invest to participate in this exciting journey.
https://www.startengine.com/recombinant-technologies
Have a safe and happy new year.
10.15.21
Brand new Scientific Publication
We're excited to get this publication out there and hope you'll join us on this journey. Invest today! Invest now and participate in our success.
10.01.21
Notice of Funds Disbursement
[The following is an automated notice from the StartEngine team].
Hello!
As you might know, Recombinant Technologies has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Recombinant Technologies be on the lookout for an email that describes more about the disbursement process.
This campaign will continue to accept investments until its indicated closing date.
Thanks for funding the future.
-StartEngine
09.30.21
Press Releases for Recombinant Technologies
Recombinant has been talked about in various press releases (yahoo finance, marketwatch, Benzinga and seeking alpha).
We have press coverage from various publications this week!
"Their patented technology was developed over ten years and has successfully improved memory in mice and proof of concept trials."
"Going beyond conventional modalities that only address the symptoms, Recombinant Technologies is focused on treating the root cause of Alzheimer's Disease delivering a huge improvement in the quality of life of those afflicted."
We're excited to get this technology out there and hope you'll join us on this journey. Invest today!
REWARDS
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Tier 1
Invest $500 and receive 2% bonus shares.
$1,000
Tier 2
Invest $1,000 and receive 5% bonus shares.
$2,500
Tier 3
Invest $2,500 and receive 7% bonus shares.
$5,000
Tier 4
Invest $5,000 and receive 10% bonus shares.
$10,000
Tier 5
Invest $10,000 and receive 15% bonus shares.
JOIN THE DISCUSSION
0/2500
Michael Nadler
3 years ago
Pazhani, from your previous answers to my questions, what's to believe that the company will have enough capital to survive let alone grow given your burn rate? Profitability in 2-3 years potentially, and who knows when or how much grant money you'll receive? Convince me otherwise. I like the company and idea, but don't see enough capital funding to grow this business to scale to profitability.
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Michael Nadler
3 years ago
Pazhani, thanks for all your insight. Are you closing this round tonight? How many hours are left on this round or are you extending it?
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Michael Nadler
3 years ago
I'm interested in investing in the company, and have a concern about the amount raised with your monthly burn at 60K. When do you see needing to raise more cash? Or are you going to be collecting more of the outstanding grant money? How long do you expect grant money to last for 2-3 years? When do you expect profitability or is that not in the near future i.e. within 5 years? Is profitability seen shortly after you clear FDA approval in 2-3 years? Please get back to me with this insight before the closing of this round. Thanks.
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Mario Nacinovich
3 years ago
The amyloid-β (Aβ) pathway at the center of Alzheimer’s disease (AD) pathophysiology. https://www.nature.com/articles/s41380-021-01249-0
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Thomas Johnson
4 years ago
Alzheimer's medications such as solanezumab and bapineuzumab succeeded in reducing amyloid plaques, but these medications did not significantly slow down cognitive decline. https://www.nejm.org/doi/full/10.1056/NEJMoa1705971 https://www.alzforum.org/therapeutics/bapineuzumab Also, some Alzheimer's medications succeeded in reducing amyloid plaques, and the reduction in the plaques had some bad side effects (such as brain hemorrhage and brain swelling). https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3693547/ So, even if your Amytrap works to reduce amyloid plaques, will that be enough to significantly slow down cognitive decline? And will the reduction in amyloid plaques cause side effects like brain hemorrhage and brain swelling? When you tested the Amytrap on mice, did you test the mice for brain hemorrhage or brain swelling?
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Barbara Morris
4 years ago
I'm not convinced plaques in the brain cause AD. I believe nutrition and exercise over a lifetime play a role in the formation of plaques but plaques alone are not the cause. I wish you well.
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Michael Nadler
4 years ago
Very interested in the company and idea, why has no one ever thought of this before or if they have, then what is it about your company that you've been able to improve memory in mice that no one in the world has been able to do before? Can you explain more about what the patent is- it protects the chemical composition of AmyTrap molecule?
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Andrius Steponavicius
4 years ago
Bill did raise some relevant questions, some of which you ignored answering. 5 million is a tiny investment for potentially blockbuster drug. Why would you seek investment here vs deep pocketed partner who could not only provide money but also expertise, facilities, etc? You could also structure a deal to get paid for milestones which would offer you nice paydays along the way. Maybe I am missing something but going this route makes no sense.
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Bill Evers
4 years ago
Hello, Dr. Sundaram. I have a couple of questions for you. 1) You, your secretary Ms. Dhawan, and your consultant Dr. Ranjini Sundaram have strong ties to Yale University. Also, your research was used by the pharmaceutical giant Merck to create the Gardasil vaccine. So, you have strong ties to Merck as well. You have said that you will need to raise $5 million to get FDA approval for Amytrap. For Yale and Merck, $5 million is a very small amount of money. Why don't you ask Yale and Merck to fund Amytrap? Why are you raising money from average people on StartEngine? 2) As I just mentioned, your research was used by Merck to create Gardasil. Unfortunately, there have been problems with Gardasil, and Merck has been sued because of these problems. Here is an example of that: https://www.baumhedlundlaw.com/prescription-drugs/gardasil-lawsuit/ So, what went wrong with the creation of Gardasil? Was your research faulty to begin with? Or did Merck screw something up in using your research to create Gardasil? And, if your research was faulty, what are you doing to make sure that your research for Amytrap is not equally faulty?
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Michael Nadler
3 years ago
Pazhani, if the private investors invest recently after this closing, what valuations are being discussed? Would that be a down round from this $35 pre money cap?
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