The LacriPen™ – A Handheld Portable Ophthalmic Osmometer and Diagnostic Instrument …a portable laboratory in the palm of your hand Presented by: © Copyright 2015, LacriScience, LLP Dr Chris D. Geddes, Ph.D., FRSC Professor, University of Maryland for LacriScience LLC, Paul T. Gavaris MD Managing Member Slide LacriScience Tear Osmolarity and Dry Eye Tomlinson, et. al.2 - 2006 Metadata analysis of peer reviewed measurements for tear samples from normal eyes and subtypes of dry eyes. Established an osmolarity threshold of 316 mOsm for dry eye diagnosis. Osmolarity All Studies 1978-2005 1. Normal Eyes Mean = 302.2 mOsm S.D. = 9.7 mOsm Probability Farris1 - 1994 Suggested that tear osmolarity measurement offers a possible gold standard for the diagnosis of dry eye disease. Dry Eyes Mean = 326.9 mOsm S.D. = 22.1 mOsm 315.6 mOsm 0. 260. 280. 300. 320. 340. 360. 380. 400. Osmolarity 1) Farris RL. “Tear osmolarity: a new gold standard?” AEMB. 1994;506: 495–503. 2) Tomlinson A, Khanal S, Ramaesh K, Diaper C, and McFadyen A. “Tear Film Osmolarity: Determination of a Referent for Dry Eye Diagnosis”, Investigative Ophthalmology & Visual Science, October 2006, Vol. 47, No. 10 © Copyright 2015, LacriScience, LLP Slide 2 LacriScience Surface Plasmon Resonance: How it Works Gold Film Sensing Surface SPR “Line” SPR Prism SPR Angle (pixels) Image Sensor Typical SPR Image Light Source The Surface Plasmon Resonance Technique for Tear Osmolarity Measurement and more ! © Copyright 2015, LacriScience, LLP Relative Response Tear Fluid Slide3 The location of the central minima of the SPR curve is proportional to the refractive index of the tear fluid in contact with the gold sensing surface. LacriScience Air Lines at 855 nm and 950 nm The LacriPen™ allows for multiple Analytes to be detected © Copyright 2015, LacriScience, LLP Slide LacriScience Chassis Assembly with Cap © Copyright 2015, LacriScience, LLP Slide4 LacriScience Advanced Optics Extremely High Precision and Accuracy Optical Chassis Cylinder lens Collimating lens 855 & 950 nm LEDs SPR Cap Ximea Imager Optical wedge Actual Pen with Optics Our Advanced Data Analysis allows the detection of Tear Osmolarity and other Ophthalmic Markers with incredible speed, accuracy and precision. © Copyright 2015, LacriScience, LLP Slide 6 LacriScience Disposable Cap One Cap per Eye Self Calibrating: LacriPen™ Self Calibrates when Turned On © Copyright 2015, LacriScience, LLP Slide 7 LacriScience Intelligent Sensors on the Tip of your Pen “Smart Sensor” Selection • • • • • • • • Osmolarity Parameter Specification Osmolarity range 260 to 400 mOsm Tear Osmolarity MMP-9 Osmolarity resolution Adenovirus Herpes Zoster MMP-9 Range Herpes Simplex MMP-9 resolution Lactoferrin Tryptase Sensors MRSA < 2.0 mOsm 1 – 100 ng/ml ≈ 5 ng/ml Single use disposable Simply Change the Cap to a different Smart Sensor, The LacriPen™ does the Rest. © Copyright 2015, LacriScience, LLP Slide8 LacriScience LacriScience’s Intellectual Property A very strong and expanding position U.S. Patents • USA 7,395,103 - July 2008 - Surface Plasmon Resonance Based Nanoliter Tear Osmometer • USA 8,249,682 - August 2012 - Device for Measuring Concentrations of Constituents of Tear Sample • Counterparts of these patents are pending in the EU, Canada, Australia, Japan, India, South Korea • USA – March 2015 - Advanced Pen & Cap Design and Tear Analytics – World wide. © Copyright 2015, LacriScience, LLP Slide9 LacriScience Business Plan Potential Markets: Dry Eye: Humans: Veterinary: Diagnostics: Ophthalmology General & Veterinary Medicine U.S. 30 million 15 million pets have dry eye 3 million 10 million Product Costs Product Sales The LacriPen™ $400 $1400 per pen Osmolarity Sensor $1.00 $6.00 per eye Diagnostic Sensor $1.50 $7.50 per test © Copyright 2015, LacriScience, The LLP LacriPen™ Slidein Ophthalmic Point-of-Care - A Paradigm Shift LacriScience LacriPen™ Timeline June 2015 - Complete development of updated sensor design (simpler and less expensive). August 2015 - Complete laboratory and clinical trials. November 2015 - Submit for 510K with present market predicate December 2015 - Complete development of pre-manufacturing schedule The most advanced and portable ophthalmic diagnostic in the world today © Copyright 2015, LacriScience, LLP Slide 12 LacriScience Thank you The Lacripen™ Changing the Way we Think about and Use Ophthalmic Diagnostics Today LacriScience © Copyright 2015, LacriScience, LLP Slide
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