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The Next Generation in Womens Health SolutionsAdvancing Womens Breast Health
Patented, FDA-Cleared Breast Cancer Risk Assessment TestInexpensive, Cost Effective, Painless, Safe Adjunct to MammographyPotential to Significantly Reduce Breast Cancer The Pap Test for Breast Cancer3
Atossa Genetics Two-Pronged Medical SolutionCollect NAFDiagnoseNAFCytology & Biomarker ServicesMASCT System Product4
Atossa Genetics Two-Pronged Business ModelProduct and Service Revenue $13 Billion Annual US MarketNear-Term Launch in 2011Experienced Management5
The Breast Cancer Problem1 In 8 Lifetime Cancer Risk519,000 New Cases per YearLiterally One Death/Minute$3.8 Billion Financial Burden6
Breast Cancer Doesnt Happen OvernightTakes > 8 Years to Develop Identifying Pre-Cancerous Changes Empowers Patients & PhysiciansObtaining Samples Has Not Been Practical-  Until NowDespite Shortcomings, 38.9 MM Women in U.S. Have Annual Mammograms7
Pap Test for Breast CancerBoth Cervical and Breast Cancer Develop Over About a DecadeThe Cervix Undergoes Similar Pre-Cancerous ChangesPAP Test has lowered Cervical Cancer by 74%PAP Test is Most Successful Screening Test in Medical History8
Atossa Products & ServicesSERVICES: 際際滷s Prepared and Interpreted in Atossa Laboratory; Report Prepared: Medicare: $322 per PatientPRODUCTS: Mammary Aspirate Specimen Cytology Test or (MASCT)Reusable device for collecting Nipple Aspirate Fluid (NAF), which contains cellsPump: $200Patient kit: $509
Patient Flow and ProceduresPainless,10 minute Test - No radiationMAMMOGRAPHY ORCLINICPATIENT WAITINGFOR TESTCytology  report STARTMASCT SYSTEMCOLLECTS SAMPLEATOSSA LABORATORYPREPARES SLIDESSAMPLES ARE SHIPPEDFOR ANALYSIS10
Atossa Services:Patented Cytology and IHCPatient List Prices are Two-to Over Three-Times Medicare Reimbursement Rates80% NormalINITIAL ROUTINE STAINING20% HyperplasiaReflex IHC11
Clinical Utility:Over 200 papers and 20,000 WomenNIPPLE ASPIRATE FLUID CYTOLOGY AND THE GAIL MODEL FOR BREAST CANCER RISK ASSESSMENT IN A SCREENING POPULATION              	Jeffrey A. Tice,1 Rei Miike,2 Kelly Adduci,3 Nicholas L. Petrakis,2 Eileen King,2 and Margaret R. Wrensch2              	1 Division of General Internal Medicine, Department of Medicine, 2Department of Epidemiology and Biostatistics, and              	3 Cancer Center, University of California, San Francisco, San Francisco, California	BREAST CANCER RISK IN WOMEN WITH ABNORMAL CYTOLOGY IN NIPPLE ASPIRATES OF BREAST FLUID	M. R. Wrensch, N. L. Petrakis,R. Miike, E. B. King, J. Neuhaus, M. M. Lee (Department of Epidemiology and Biostatistics, School of 	Medicine), K. Chew (Cancer Center), University of California, San Francisco; M. Rhys, School of Nursing, University of California, Los Angeles	THE ROLE OF NIPPLE-ASPIRATE FLUID CYTOLOGY IN BREAST-CANCER RISK SCREENING              	Joel Bentz, M.D., Clinical Professor of Pathology, University of Utah, Salt Lake City, UT12
Why Should a Women Have a MASCT Test?Predicts breast cancer up to 8 years in advanceMammography cannot detect pre-cancersActionable informationIncreased screening frequencyPreventive measuresMASCT is simple, quick, convenient, painless, safe (no radiation), and cost effective13
How Do You Use the Information?Step 1: Test NAF For Hyperplasia  			Step 2: If Present, Treat For 6 Months 			Step 3: Retest NAF For Treatment SuccessNo Mammography Changes33 patients 6 mo therapyBASELINE:CYTOLOGY, ADHPSA BIOMARKER = 37.5FOLLOW-UP:CYTOLOGY, IMPROVEDPSA BIOMARKER = 112Sauter et al. Breast.油16(5):489-94, 200714
MASCT Procedures & RevenueAt $372 Per Patient, Total Available Market Inthe U.S. Exceeds $13 Billion Per YearMAMMOGRAPHYCLINICMammography Clinic Demographics8600 Centers in the U.S.Each Center Provides 4500 Mammograms per Year38.9 Million Mammograms per Year in the U.S.15
All MASCT Steps Are PatentedUS Patent 6,887,210US Patent 6,889,073Mammography Clinic or officePatient waiting for testCytology  report US Patent 6,887,210US Patent 6,889,073US Patent 6,889,073MASCT SystemCollects NAFATOSSA LABORATORY PREPARES SLIDESSAMPLES SHIPPED FOR ANALYSIS16
Worldwide Patent Protection:14 Issued Patents with Additional PendingCanadaEuropeJapanUnited StatesHONG  KONGAustralia17
Competition:Breast Cancer ScreeningNeomatrix is a privately held company with a device that collects fluid From the breast for screening	250 machines placed	Performed over 50,000 tests18
MASCT Launch CalendarQ1 2011MANUFACTURING FOR FIELD TESTING  DONELABORATORY IDENTIFIED AND LEASED DONEQ2 2011FIELD TESTING BEGINSLABORATORY CLIA-REGISTRATIONQ3 2011REGIONAL ROLL-OUT IN PACIFIC NORTHWESTQ3 2012 	NATIONAL ROLL-OUT19
2nd Generation Product:Oxy-MASCT SystemAdditional NAF would be aid biomarker    detectionAtossa discovered oxytocin increases NAF 10XUS Patent 5,798,226 covers oxytocin use for    NAF collectionAdditional clinical trials & FDA approval        needed20
2nd Generation Services:Molecular BiomarkersMicroRNA PatternsNext Gen SequencingDNA MethylationTranscriptomeProteomicsGlycosylation
Management & Board of DirectorsSteven C. Quay, M.D., Ph.D., Chairman, CEOChristopher Benjamin, CFO Shu-Chih Chen, Ph.D., Chief Scientific OfficerMr. John Barnhart, Former Senior Walt Disney ExecutiveStephen Galli, M.D., Chairman, Pathology Dept.,      Stanford Medical SchoolAlexander Cross, Ph.D.,  Former CEO, Syntex Corporation22
5 FDA Approved Drugs and 1 Device Invented and DevelopedSteven C. Quay, M.D., Ph.D.23
Pharmaceutical Business Experience:Patent, Development, MarketingOver $1.3 Billion In Negotiated Milestone Payments, Up-front Payments, And Other Consideration24
Princess AtossaIN 518 B.C., PRINCESS ATOSSA, WIFE OF DARIUS THE GREAT, BECAME THE FIRST WOMAN IN RECORDED HISTORY TO BE DIAGNOSED WITH BREAST CANCER. SHE WAS TREATED BY THE COURT PHYSICIAN, DEMOCEDES, BUT DIED SHORTLY THEREAFTER. ATOSSA GENETICS IS DEDICATED TO HER AND THE MILLIONS OF WOMEN WHO HAVE SUFFERED FROM THIS DREADED DISEASE.Steven C. Quay, M.D., Ph.D.Founder, Chairman, President and CEOPrincess Atossa25
The Next Generation in Womens Health SolutionsAdvancing Womens Breast HealthSteven C. Quay, MD, PhDChairman, CEO, And President4105 E Madison St, Suite 320 Seattle, WA 98112T: 206.325.6086                                                                                                                                                 STEVEN.QUAY@ATOSSAGENETICS.COM26
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Atossa Personalized Medicine 際際滷s

  • 2. The Next Generation in Womens Health SolutionsAdvancing Womens Breast Health
  • 3. Patented, FDA-Cleared Breast Cancer Risk Assessment TestInexpensive, Cost Effective, Painless, Safe Adjunct to MammographyPotential to Significantly Reduce Breast Cancer The Pap Test for Breast Cancer3
  • 4. Atossa Genetics Two-Pronged Medical SolutionCollect NAFDiagnoseNAFCytology & Biomarker ServicesMASCT System Product4
  • 5. Atossa Genetics Two-Pronged Business ModelProduct and Service Revenue $13 Billion Annual US MarketNear-Term Launch in 2011Experienced Management5
  • 6. The Breast Cancer Problem1 In 8 Lifetime Cancer Risk519,000 New Cases per YearLiterally One Death/Minute$3.8 Billion Financial Burden6
  • 7. Breast Cancer Doesnt Happen OvernightTakes > 8 Years to Develop Identifying Pre-Cancerous Changes Empowers Patients & PhysiciansObtaining Samples Has Not Been Practical- Until NowDespite Shortcomings, 38.9 MM Women in U.S. Have Annual Mammograms7
  • 8. Pap Test for Breast CancerBoth Cervical and Breast Cancer Develop Over About a DecadeThe Cervix Undergoes Similar Pre-Cancerous ChangesPAP Test has lowered Cervical Cancer by 74%PAP Test is Most Successful Screening Test in Medical History8
  • 9. Atossa Products & ServicesSERVICES: 際際滷s Prepared and Interpreted in Atossa Laboratory; Report Prepared: Medicare: $322 per PatientPRODUCTS: Mammary Aspirate Specimen Cytology Test or (MASCT)Reusable device for collecting Nipple Aspirate Fluid (NAF), which contains cellsPump: $200Patient kit: $509
  • 10. Patient Flow and ProceduresPainless,10 minute Test - No radiationMAMMOGRAPHY ORCLINICPATIENT WAITINGFOR TESTCytology report STARTMASCT SYSTEMCOLLECTS SAMPLEATOSSA LABORATORYPREPARES SLIDESSAMPLES ARE SHIPPEDFOR ANALYSIS10
  • 11. Atossa Services:Patented Cytology and IHCPatient List Prices are Two-to Over Three-Times Medicare Reimbursement Rates80% NormalINITIAL ROUTINE STAINING20% HyperplasiaReflex IHC11
  • 12. Clinical Utility:Over 200 papers and 20,000 WomenNIPPLE ASPIRATE FLUID CYTOLOGY AND THE GAIL MODEL FOR BREAST CANCER RISK ASSESSMENT IN A SCREENING POPULATION Jeffrey A. Tice,1 Rei Miike,2 Kelly Adduci,3 Nicholas L. Petrakis,2 Eileen King,2 and Margaret R. Wrensch2 1 Division of General Internal Medicine, Department of Medicine, 2Department of Epidemiology and Biostatistics, and 3 Cancer Center, University of California, San Francisco, San Francisco, California BREAST CANCER RISK IN WOMEN WITH ABNORMAL CYTOLOGY IN NIPPLE ASPIRATES OF BREAST FLUID M. R. Wrensch, N. L. Petrakis,R. Miike, E. B. King, J. Neuhaus, M. M. Lee (Department of Epidemiology and Biostatistics, School of Medicine), K. Chew (Cancer Center), University of California, San Francisco; M. Rhys, School of Nursing, University of California, Los Angeles THE ROLE OF NIPPLE-ASPIRATE FLUID CYTOLOGY IN BREAST-CANCER RISK SCREENING Joel Bentz, M.D., Clinical Professor of Pathology, University of Utah, Salt Lake City, UT12
  • 13. Why Should a Women Have a MASCT Test?Predicts breast cancer up to 8 years in advanceMammography cannot detect pre-cancersActionable informationIncreased screening frequencyPreventive measuresMASCT is simple, quick, convenient, painless, safe (no radiation), and cost effective13
  • 14. How Do You Use the Information?Step 1: Test NAF For Hyperplasia Step 2: If Present, Treat For 6 Months Step 3: Retest NAF For Treatment SuccessNo Mammography Changes33 patients 6 mo therapyBASELINE:CYTOLOGY, ADHPSA BIOMARKER = 37.5FOLLOW-UP:CYTOLOGY, IMPROVEDPSA BIOMARKER = 112Sauter et al. Breast.油16(5):489-94, 200714
  • 15. MASCT Procedures & RevenueAt $372 Per Patient, Total Available Market Inthe U.S. Exceeds $13 Billion Per YearMAMMOGRAPHYCLINICMammography Clinic Demographics8600 Centers in the U.S.Each Center Provides 4500 Mammograms per Year38.9 Million Mammograms per Year in the U.S.15
  • 16. All MASCT Steps Are PatentedUS Patent 6,887,210US Patent 6,889,073Mammography Clinic or officePatient waiting for testCytology report US Patent 6,887,210US Patent 6,889,073US Patent 6,889,073MASCT SystemCollects NAFATOSSA LABORATORY PREPARES SLIDESSAMPLES SHIPPED FOR ANALYSIS16
  • 17. Worldwide Patent Protection:14 Issued Patents with Additional PendingCanadaEuropeJapanUnited StatesHONG KONGAustralia17
  • 18. Competition:Breast Cancer ScreeningNeomatrix is a privately held company with a device that collects fluid From the breast for screening 250 machines placed Performed over 50,000 tests18
  • 19. MASCT Launch CalendarQ1 2011MANUFACTURING FOR FIELD TESTING DONELABORATORY IDENTIFIED AND LEASED DONEQ2 2011FIELD TESTING BEGINSLABORATORY CLIA-REGISTRATIONQ3 2011REGIONAL ROLL-OUT IN PACIFIC NORTHWESTQ3 2012 NATIONAL ROLL-OUT19
  • 20. 2nd Generation Product:Oxy-MASCT SystemAdditional NAF would be aid biomarker detectionAtossa discovered oxytocin increases NAF 10XUS Patent 5,798,226 covers oxytocin use for NAF collectionAdditional clinical trials & FDA approval needed20
  • 21. 2nd Generation Services:Molecular BiomarkersMicroRNA PatternsNext Gen SequencingDNA MethylationTranscriptomeProteomicsGlycosylation
  • 22. Management & Board of DirectorsSteven C. Quay, M.D., Ph.D., Chairman, CEOChristopher Benjamin, CFO Shu-Chih Chen, Ph.D., Chief Scientific OfficerMr. John Barnhart, Former Senior Walt Disney ExecutiveStephen Galli, M.D., Chairman, Pathology Dept., Stanford Medical SchoolAlexander Cross, Ph.D., Former CEO, Syntex Corporation22
  • 23. 5 FDA Approved Drugs and 1 Device Invented and DevelopedSteven C. Quay, M.D., Ph.D.23
  • 24. Pharmaceutical Business Experience:Patent, Development, MarketingOver $1.3 Billion In Negotiated Milestone Payments, Up-front Payments, And Other Consideration24
  • 25. Princess AtossaIN 518 B.C., PRINCESS ATOSSA, WIFE OF DARIUS THE GREAT, BECAME THE FIRST WOMAN IN RECORDED HISTORY TO BE DIAGNOSED WITH BREAST CANCER. SHE WAS TREATED BY THE COURT PHYSICIAN, DEMOCEDES, BUT DIED SHORTLY THEREAFTER. ATOSSA GENETICS IS DEDICATED TO HER AND THE MILLIONS OF WOMEN WHO HAVE SUFFERED FROM THIS DREADED DISEASE.Steven C. Quay, M.D., Ph.D.Founder, Chairman, President and CEOPrincess Atossa25
  • 26. The Next Generation in Womens Health SolutionsAdvancing Womens Breast HealthSteven C. Quay, MD, PhDChairman, CEO, And President4105 E Madison St, Suite 320 Seattle, WA 98112T: 206.325.6086 STEVEN.QUAY@ATOSSAGENETICS.COM26

Editor's Notes

  • #12: $322 per Patient Weighted AverageCosts are under $20 per slide
  • #15: Breast cancer prevention
  • #21: As MASCT System biomarker tests expand the availability of additional NAF would be usefulAdministration of oxytocin 5 to 10 minutes before MASCT collection provides up to a 10-fold increase in NAFUS Patent 5,798,226, exclusively licensed to Atossa, covers the use of oxytocin for NAF collectionAdditional clinical trials and FDA approval will be required for Oxy-MASCT commercialization