Biopact Cellular Transport

Biopact Cellular Transport

Patented technology that makes fighting disease simpler, faster, and cheaper

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Security Type
Common Stock
Location
Austin, TX
Offering Date
February 11, 2020
Expected Close Date
June 10, 2020
Target Raise
$20.00K-$1.07M
Deal Notes

Price per Share: $1.55

Valuation
$30,000,000

Company Description

Biopact’s Technology Can Transport Molecules Into The Cell More Safely And More Effectively Than Any Other Delivery Mechanism. Biopact has developed a breakthrough intracellular delivery vehicle called MGMR. MGMR can transport next-generation cellular medicines more safely, and effectively than anything available today. Its unique composition is a major reason why this is possible. MGMR has an ultra high surface-to-volume ratio that enables it to carry molecules other delivery methods cannot, including gene-editing materials, drugs, and enzymes. MGMR is a universal transport system. Unlike other delivery vehicles, it is not cargo- or treatment-specific. It can effectively deliver a variety of treatments to different cell types. MGMR Is The Ultimate “Molecular Shuttle” For Delivering Next- Generation Technologies Like TALEN And CRISPR Into The Cell. Its nanoscale size and unique architecture allow it to serve as an ideal “molecular shuttle” for carrying specialized molecules like drugs, DNA, and enzymes across cells’ outer protective membrane. It can even transport proteins which are known to be very sensitive, easily diminished, and do not efficiently cross membranes. MGMR also does NOT cause damage or toxicity to the cell like other delivery methods (i.e. viruses and electricity). It migrates into the cell via a natural transport process called endocytosis and releases its medicine payload using diffusion.

Key Deal Facts

Founded by former Dow Chemical VP, who was responsible for generating over $30 billion worth of value for Dow and built its largest profit generator.
Pioneering a patented intracellular technology that reduces the cost of new cancer-fighting therapies like CAR-T by up to 50% — cutting prices by hundreds of thousands of dollars and enabling more patients to access these highly promising (and potentially life-saving) treatments.
Has the potential to dramatically decrease the development time of next generation cellular therapies, getting them into the hands of patients faster.
Major market opportunity. This technology has the potential to be instrumental in helping cell-based therapies fight many diseases including cancer, diabetes, osteoporosis, and more.

Use of Proceeds

General Marketing and Advertising, Leasing Costs, Repayment of Outstanding Indebtedness, and General Working Capital

Management Team / Advisory Board Bios

Kurt Swogger - CEO, Founder
Randy Kinsel - President
Milos Marinkovic - Director of Technology
Tena Jamieson - Chief Operation Officer

Deal Notes

Price per Share: $1.55

Amount Raised : $113,173
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Security Description

Common stock is a security that represents ownership in a corporation.

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