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Business Plan for IR
2013 ???? ??? ????

2013. 12. 09. Pm 02 : 00

#417, Seoul Techno Park, 172 Gongneung-dong, Nowon-gu, Seoul, Korea / Tel. +82-2-576-9332 / Fax. +82-2-576-9334 / M. +82-11-473-9687
Copyright ? YD Life Sciences Inc. All Rights Reserved. e-mail : sg.kang@ydgls.com / http://www.ydgls.com

1
Executive Summary
1. ?? ??? ??(Forcasted Q&A)
2. ?? ??
3. ? ????????
4. ?????? ? ???
5. ???????????? ??
6. ????(Cash Cow) ??
7. ???? ??/????
8. ??? ?? ??
9. ???? ??
10. Investment Highlights
11. YD????? ??

page
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#417, Seoul Techno Park, 172 Gongneung-dong, Nowon-gu, Seoul, Korea Tel. +82-2-576-9332 Fax. +82-2-576-9334 M. +82-11-473-9687
#417, Seoul Techno Park, 172 Gongneung-dong, Nowon-gu, Seoul, Korea //Tel. +82-2-944-6330 //Fax. +82-2-944-6334 //M. +82-10-7737-8556
e-mail : sg.kang@ydgls.com / http://www.ydgls.com
Copyright ? YD Life Sciences Inc. All Rights Reserved. e-mail : rnd@ydlifescience.com/ http://www.ydgls.com

2
1. ?? ??? ??(Forcasted Q & A)

Executive Summary

???? ¡ý
????/???

??? ? ?? ????

????(???) ????

??? ??? ?????

Low Risk, High Return

???? ?? ?????

????+???? ???

????? ?? ?????

2015? ???? ??(IPO)

????? ?????

Q

??? ??
??? ??
?? ???

??? ??????+D/C

A

The Solution of All Q & A
? ?? ??? ?? ???
Copyright ? YD Life Sciences Inc. All Rights Reserved.

? ?? ??? ??
3 3
2. ?? ??(Company Introductiion)

Executive Summary

¡ö ?? ??
???

(?)???????

(???)

(? ? ?)

?

?

????

??? ? ??? ????
????, ???????, ????

??? ??? ?? 339-1?? ?????? 212?

???

??? ??? ??? 172 ????????? ? ??????? 417?

???

2008. 12. 22.

????

21?

???

5,530???

????

????

¡ö ???(Organization)

CEO
COO

???????
CTO

CSO

YD???

?????

??????

???????

??/??????

?????

?? 1?

??? 1?

CNS???

?????

?? 2?

??? 2?

???????

?????

?????

Copyright ? YD Life Sciences Inc. All Rights Reserved.

????

4 4
2. ?? ??(Company Introductiion)

Executive Summary

¡ö Man Power : ??? ?? ???? ? ?? ???? Network
????? ???? ??? ??
? ????? ????
Wisconsin (USA) ????? ??
??? ?????? ????

YD ???

???????? ???? (2?)
???? ???? ???? (7?)
????? ????? (4?)
????????? ????? (8?)
????? ???

??? ????

?????? ???? ??? ??
? ??????? ????
????? ????
????? ?? ??

YD
R&D

?? ?? ???? ? CRO?? ??? ? ???
????? ?? R&D ? ???? ??
?????? ?????? ???????

?
?
?
?

?????? ???? ??? ??
? ??? ??????? ????
Bonn Uni. (Germany) ??? ??
??? ???? ????
????? ???? ??? ??
? ??? ??????? ????
California Uni. (USA) ???????
?? ???? ????

???????? (5?)
???? ???? (2?)
????? ??? ???
????? ???? ??

??/??????

CNS???

??? ?????

??? ?????

??? ?????

??? ?????

??? ?????

???

???

?? ??? ??

???

???

??? ?? ??? ?? ????
- ?? ? ?? ?? ?? ??
?? ???? ?? ? ??
??? ??????? ???? ??
?????????? ????
Copyright ? YD Life Sciences Inc. All Rights Reserved.

???????? (2?)
????? ???? (6?)
????? ?????
????? ?????
????? ?????
????? ??????? Ph.D can.
????? IND 2? (Phase 2)
?????? ?? 4?
????? ?????? ?? 1?
????? ???? 2? (H?, C?)
5 5
2. ?? ??(Company Introductiion)

Executive Summary

¡ö YD? ????? ?? ??

Mission : ??? ?? ?? ?/?/?/?
?? ??

??????
New Drug Development

?? ??

???? ? ????? ??
Diagnosis & Disinfection

?? ??

????????
Well-being FooD & Drink

"?? ??? ?? ?? ???,
??? ??? ?? ?? ???,
??? ??? ??? ?? ???!!!"
Copyright ? YD Life Sciences Inc. All Rights Reserved.

"Your Health Defender"
6 6
2. ?? ??(Company Introductiion)

Executive Summary

¡ö YD? ?? ?? (?? ?? ??)
[??? ??? ????]
? ???? ??? ???? ??? ????(??, ??, ??)
? ??(Speed)? ???(Creativity)? ???? ???? ?? ??
? ? ??? ???? ???? ?? ? ???? ?? ??? ?????? ??

[?? ??? ??]
? ????? ?? ?? ??????? ???(HCS) ? ????(HOT-YESTM) ??
? ?? ???? ?? 9?? ???????? ? ?????? Pipeline ??
? R&D ??????, ???? ? ???? ???? : ???? ??? R&D N/W
? 7?? ????? ?? ???? ?? ??(? ???? : 25??)
? ????????????(FY-304) ???? ??? ???, ???, ??? ?? ??

[???? ???? ??]
? 2013? 11? ?????? ?? ?? : ???? ????(Cash Cow) ??
? ??????? ?? ?? ???? ?????Éç? ?? ?????? ??
? ?? Medora SnacksÉç? ?????? ??(?? ? ???) ? ?? ??
? ???? ???? ?? ?? "?? ??"(Quantum Jump) ? ???? Category Kill

Copyright ? YD Life Sciences Inc. All Rights Reserved.

7 7
3. ? ????????

Executive Summary

? ????/?????? ?? ????? ?? ???? ? ?? (?? 1? ?? ?)
? ??? ?? ??/??? ??? ???, ?? ????? ????(??) ?? ??
? 17? ??? ???? ?? ? ?? ??(??, R&D??) ??
? ?? ?? ?? ??? ÖÐ ????? ??? ?? ??, ?? ? ??? ?? ?? ¡ü

?????(2010)
Copyright ? YD Life Sciences Inc. All Rights Reserved.

8 8
4. ?????? ? ???

Executive Summary

? 9 Pipeline : ????? 5?, ???? 1?, ?????? 3?? ???? ?? ?
? 2013? ????? ????? ???? "????????????" ??(????, ??? ??)
R&D Pipeline ??
??

?????

???

? ? ?

????

????

????

YD-104

??? ??

¢Ù ?, ?? ????? ??, ???? ? ??? ??
¢Ú ????? ??? ????

???

-

YD-107

? ?

??? ??

¢Ù ?????? ??? acute?? ? ??? ?????
?? ??? ???
¢Ú ??? ???, ???? ??

???

???

? ?

??? ??

¢Ù ?? ??????? ?? ??????.
¢Ú ????????, ????????

????

???

YD-109

???

Lead. Opt.

YD??

-

FY-304

?????
??

???

???

YD-102F

?? ??

????
????

????

???

YD-104F

?????

???
???

????? ??? ???.

???

???

YD-106F

????
? ?

???

YD-108

????

??? ??

YD-106
???
? ?

? ?

¢Ù ????? ?? ??? ???? ???? ??
¢Ú ????????? ?????? ?? ? ??
?? ??

?? ??

????
??

?? ?? ?? ??? ?? ??? ???.

???

???

¢Ù ??? ????? ? ??? ??
¢Ú ??? : ?????
¢Ù ????? ??? ??? ??? ??, ???? ??.

?????? ¢Ú ????? ??, ????? ??? 6???? ??

Copyright ? YD Life Sciences Inc. All Rights Reserved.

??.

?????? ??? ???.

???

-

9 9
5. ???????????? ??

Executive Summary

¡ö ????????????
? ?? 3???(???????, ??????? ? ?????)?
???? ???? ?????? ???? ???? ???? ????
? 2020??? 1?600?? ??, ??? ???? ????
? ?? ?? ??? ?? ???? ? ?? ???? ?? IPO ? ??????
??? ??? ?? ??? ?
? ??? ?? ????? ?????, ???? 26? ??

¡ö ????? ?????(Neuropathic Pain)
? ???? ???? ??? ???? ???? ??? ??¡¤??? ?? ??
? ??? Market : ?? 3? ??(US, 5EU, ??)?? ?? 25??? Sales

¡ö FY-304 ??? ??? ? ???
? ?? : ?????? ?? ?? ??? ????? ??
? ??? : ?? Profile? ??
-. ??/??? ?? ??? ???? ?? ? 5~20? ??
? ?? ?? ?? ?? ???? ??? ?? Tox/??? Profile
Copyright ? YD Life Sciences Inc. All Rights Reserved.

10 10
5. ???????????? ??
???? ??

Test ??

Acute ??
?
?
?
?
?
?

FY304

?? ??

Efficacy

> 50 mg/kg

> 10 mg/kg

FY304 = 5?¡ü

Potency

>> 100 mg/kg

> 10 mg/kg

FY304 = 10???¡ü

Efficacy

> 50 mg/kg

> 5 mg/kg

FY304 = 10?¡ü

Potency

>> 100 mg/kg

> 5 mg/kg

FY304 = 20???¡ü

Efficacy

> 25 mg/kg

> 25 mg/kg

??? ??

Potency

> 25 mg/kg

> 25 mg/kg

??? ??

> 6hr

> 6hr

??? ??

????

< 500 mg/kg

< 1000 mg/kg

FY304 = 2?¡ü

????

<< 100 ¦Ìg/5¦Ìl

< 400 ¦Ìg/5¦Ìl

FY304 = 4???¡ü

Formalin test

Neuropathic
??

Gabapentin

Writhing test

Inflammation
??

Chemotherapy
?? ?????
????

???? ????
??? Coordination
??

Writhing test
Rotarod test

Executive Summary

(FY-304 ???? Data)
???????? ???? ???? ?? ¡®????? ?????
???? 'FY-304'? ??? ?? ?? ¡®????????????¡¯
??? ????.
'FY-304'? ????? ??? ?????? ?? ? ??? ???
? ??? ????? ??? ??? ??????, ?? ????
???? ???? ? ?????? ???? ?? ???? ?? ?
? ????.
?????? 'FY-304'? ?? ??? ???? ??? ???? ?
? ?? ???? ??? ?? ??? ???? ??? ???? ?
?¡±? ???.
[?????, 2013. 07. 08.]
Copyright ? YD Life Sciences Inc. All Rights Reserved.

11 11
6. ????(Cash Cow) ??

Executive Summary

? 2013? ?????? ?????? ???? ???? ??(2013? ??? 65??, CAGR 15%)
? ??????(???? ? ??????), ????(??? ????? ? ???? ??) ??? ??
? ?????? + ????(Cash Cow) ???? ?? ??? ??? ???? ??
High(?)

Invest

??
??

????? ?
??????
R&D??
?
?
?

Invest

(25%)

??
??

??(Divest)
2014
2016

Low(?)

2018
(0)

High(?)
Copyright ? YD Life Sciences Inc. All Rights Reserved.

?????(???)

Low(?)
12 12
6. ????(Cash Cow) ??

Executive Summary

¡ö ?? ???? ? ???? ??
???? ? ?? ?? ?? Portfolio
???
???
????
???

???? ???
-. ???? ? ?? ??? ??? ??? ???? ??? ???? ????
-. ????? 30%??? ?? ??? ???? Risk? ?? ??.

?? ?? ??
-. ???? ?? ???? ??? ?? ??
Copyright ? YD Life Sciences Inc. All Rights Reserved.

13 13
6. ????(Cash Cow) ??

Executive Summary

¡ö ??? ????? ?? ??
? ???? ?? ????? ?? ?????Éç? ?? ?????? ??
? ?? ?? ???? KFDA ?? ?? ? / 2014? ????? ?? ??
? ?? ??? ?? ??? ?? ????, ?? ???? ?? ????? ?? ??

???? ???
-. ?????? 4? ?? ????? ??, ?? ??? ?? ??? ??? ??
-. ?? ???? ?????? ?? ??? ??? ??? ??? ?? ?.
-. ???? ?? ??? ?? ???, One-Stop ???? ????? ???? ?? ??

?? ?? ??
-. ???? ?? ??? ?? ???, One-Stop ???? ????? ???? ?? ??
-. ?? ??? ? ??? ??

Copyright ? YD Life Sciences Inc. All Rights Reserved.

14 14
6. ????(Cash Cow) ??

Executive Summary

¡ö ?????? ??
? "??? ?"? ???? ???? ??? ??? ???? ?? ??(?? ??)
? ?? Medora SnacksÉç? ?????? ?? : ??? ? 300% ??? ???
? ???? PopCORNERS? ??? ??? ??? ?? Ÿo?????, ŸoGluten,
Ÿo??? Natural Air-Popping ??

?????? ??? ? ?? ??
-. ???, ????, ????? ? ??????? ??? ? ?? 20,000? ?? ??
-. ???? ? ??? ??? ?? ?? ??? ????? ? ??(??? ??? ??)

Copyright ? YD Life Sciences Inc. All Rights Reserved.

15 15
7. ???? ?? / ????

Executive Summary

¡ö ???? ?? ??

? ??? ?????? ?? ? 2013? 11? ??????? ?? ?????? ??
? 2013? 6? 30? ?? YD????? ????? 7,995??? ?????.

¡ö ?? ? ???? ?? ?? ??
(?? : ??)
Descript ion

2013.7~ 12(E)

??????(FCF)
????
Income Value
WACC %
Operating Value
Non-operating Asset Value
Enterprise Value
Interest-bearing Debt

(808,838)
3
(785,079)

2014(E)
(1,454,545)
12
(1,291,023)

2015(E)
(114,759)
24
(90,407)

2016(E)

2017(E)

2018(E)

4,442,390

10,086,404

18,288,225

36

48

60

3,106,254

6,259,842

10,074,079

12.67%
85,926,508
730,041
86,656,550
3,676,919

Equity Value

82,979,631

Number of issued shares(?)

10,378,760

Stock Value(?)

7,995

¡ù ???? ?? ?? ????? ? ???? ???? ? ?? ???? ????? ??? ??????,
??????, ????? ?????, ?????, ?????, ?????? ? 2015? ?? ?????
? ?? ????? ???? ??? ??????, ?? ?? ??? R&D ????? ???? ?? ?? ??¡ù
?? ? ???? ?? ???? ??????, ? ????? ?????? ???? ??? ???? ???
Copyright ? YD Life Sciences Inc. All Rights Reserved.

16 16
7. ???? ?? / ????

Executive Summary

¡ö ?? ?? ???? ?? ??
[ ???? PER/PBR ?? ?? ]

???

[?? : ???,??, 2013? 11? 11? ??]

??? ????

????

???

???

PBR

PER

??

?????

3,900

(4,630)

630,200

14,195

64,450

9.77

(135.97)

44,350

???

6,300

(2,100)

172,300

6,245

45,830

3.75

(81.78)

27,500

????

3,700

(11,820)

188,200

18,550

22,270

8.37

(15.77)

10,050

700

(2,670)

127,500

6,934

3,350

38.09

(47.78)

18,400

?????

40,770

1,860

483,700

7,166

117,230

4.13

260.44

67,600

????

16,310

4,600

242,600

4,182

15,910

15.38

53.18

58,500

Average

11,947

(2,460)

307,417

9,545

44,840

13

157

37,733

YD(2015?)

22,895

4,337

11,061

39,508

YD(2016?)

32,942

6,272

11,061

45,877

???

276,557
303,590
321,139
439,040

7

25,003
70

7

27,447
29,033

70

39,693

1. ?? PER??? ????? ??? ???? ????? ??? ??
2. ???????? ?? PER : 143.26?(????? 2013.11.12? ??)?? ?? 70, ??PBR : 13?? ?? 7? ??
3. 2015? YD???? ??? ????? ??? PER? PBR? ???? 26,225??? ???.
Copyright ? YD Life Sciences Inc. All Rights Reserved.

17 17
7. ???? ?? / ????

Executive Summary

¡ö ???? ?? ? ????? ??(IRR, ROI)
????

????(2015?)

??????

?????(IRR)

?????(ROI)

5,000?

26,226?

21,226?

226.20%

424.52%

¡ö ????? ??
???????? ?? ???? 7,995? ¡ú 37% ?? : ?? 5,000?

Copyright ? YD Life Sciences Inc. All Rights Reserved.

18 18
8. ??? ?? ??

Executive Summary

? 2015? ?? Pipeline ? 2? ?? ??2? ?? ?, ??? ??? ??
??????? ???? ??
? ???? ???? ?? ???? ??

¡ö ??????? ???? ????(???? ?2? ?31?)
-. ?????????: : ??? ?? ????? ?? ??? ????? ????
???? ???? ?? ?? ???? ???? ???? ??
-. ?? : 3? ?? 17? ????? ??? ???? ????
-. YD???? : ????-M70113, ?? ? ?? ?????
-. ???? : ?????????? A?? ?? ?????? ??

¡ö ??? ?? ??
??

????

??? ?? ??

????

????? ??? ?????? ÓÐ

???? ???

????
???
????
(? ?)

1) ROE 5%
2) ????? 10??
3) ????? 50?? ?
?????? 300?? ??

???? ???

Copyright ? YD Life Sciences Inc. All Rights Reserved.

19 19
8. ??? ?? ??

Executive Summary

? 2015? ?? Pipeline ? 2? ?? ??2? ?? ?, ??? ??? ??
??????? ???? ??
? ???? ???? ?? ???? ??

¡ö IPO ?? ??
?? ??

?? ??

2013. 11.

?????? ???? ??

2014. 09.

??? ??

2015. 06.

??? ??

2015. 09.

????? ?? ?? ??

Stock Price
Highway

7,995

2013
Copyright ? YD Life Sciences Inc. All Rights Reserved.

20 20
10. Investment Highlights

???? ??
???? ??

?????
?????

??? ???
??? ?? ??
????????
???? ??
(?????)

Executive Summary

¡ð ????? ?? ?? ??????????(HTS) ? ???? ??

¡ð ??? ?? 9?? ????? ??
¡ð ?? ??? ????? ? ???? ??? R&D ???? ??
¡ð ???? ???? ??? ?? ??? R&D ???? ?? ??
¡ð R&D ??? ????? ??? ????? ?? ???? ??
¡ð ?? ??? ???? ?? ? 2014??? ?? ??
¡ð ?? Medora SnacksÉç PopCorners ?? : ?? 20,000? ?? ??
¡ð ???? ???? ?? Synergy HealthÉç ???? ?? ??
¡ð 2014? 2? ??, 2015? ?????(??) ?????? ??
¡ð ??? ??? ???? ???? ????? ??
¡ð ????? ??? ????? ?? ??? ??
¡ð ?2, ?3? ????????? ?? : IPO ? ??? ?? ?? ??

Copyright ? YD Life Sciences Inc. All Rights Reserved.

21 22
11. YD????? ??

Executive Summary
Stock Price
Highway(F)

Company Value (Forecasted Stock Price)

(??)
15

2014, The Year of Quantum Jump
13

11
????? ? ?????

9

7

????(IPO)
??? ?? ????

??

5

3

?????? Process ??
?????? ??? ??

???
???????
??? ??

????? ???? ??
? ????? 8? ??

150?? ??? ???
30?? ??? ????

?????
??

??????? ?? ??

Copyright ? YD Life Sciences Inc. All Rights Reserved.

300?? ??? ?? ??
70?? ??? ????

????? ?? ??
????? ? ????

??? ????? ??

2009

??2? 2? ?? ??
???? / ??? ??

?????? ??? ????
?????? ?? Start

2011

2013

IPO
2015

2017

Time Line
22 23
11. YD????? ??

Executive Summary

" ??? ?? ?? ?/?/?/? "

YD? ??? ??

????

1. ???? ??? ????

? ?
(¹²ÓÐ)

2. ??? ??? ???

? ?
(¹²¸Ð)

3. ?? ??? ??

4. ??? ??? ??

??

(Speed)

Copyright ? YD Life Sciences Inc. All Rights Reserved.

? ?
(¹²øQ)

ÕýÐÅÐеÀ ǧÀïåë³ß
²»ÐŲ»ÐÐ åë³ßǧÀï

???

(Creativity)

23 24
Thank you for your attention!!!

YD????? ???

???? ??? ???? ?????.
?????!!!

?? / ???? / ?????? ??
??? ??? / COO
T. 02-576-9332 / F. 02-576-9334
M. 011-473-9687 / E. sg.kang@ydgls.com
Homepage : www.ydgls.com
Copyright ? YD Life Sciences Inc. All Rights Reserved.

24 25

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YD???? ????? ??? ???? v.4

  • 1. Business Plan for IR 2013 ???? ??? ???? 2013. 12. 09. Pm 02 : 00 #417, Seoul Techno Park, 172 Gongneung-dong, Nowon-gu, Seoul, Korea / Tel. +82-2-576-9332 / Fax. +82-2-576-9334 / M. +82-11-473-9687 Copyright ? YD Life Sciences Inc. All Rights Reserved. e-mail : sg.kang@ydgls.com / http://www.ydgls.com 1
  • 2. Executive Summary 1. ?? ??? ??(Forcasted Q&A) 2. ?? ?? 3. ? ???????? 4. ?????? ? ??? 5. ???????????? ?? 6. ????(Cash Cow) ?? 7. ???? ??/???? 8. ??? ?? ?? 9. ???? ?? 10. Investment Highlights 11. YD????? ?? page 03 04 08 09 10 12 16 19 21 22 23 #417, Seoul Techno Park, 172 Gongneung-dong, Nowon-gu, Seoul, Korea Tel. +82-2-576-9332 Fax. +82-2-576-9334 M. +82-11-473-9687 #417, Seoul Techno Park, 172 Gongneung-dong, Nowon-gu, Seoul, Korea //Tel. +82-2-944-6330 //Fax. +82-2-944-6334 //M. +82-10-7737-8556 e-mail : sg.kang@ydgls.com / http://www.ydgls.com Copyright ? YD Life Sciences Inc. All Rights Reserved. e-mail : rnd@ydlifescience.com/ http://www.ydgls.com 2
  • 3. 1. ?? ??? ??(Forcasted Q & A) Executive Summary ???? ¡ý ????/??? ??? ? ?? ???? ????(???) ???? ??? ??? ????? Low Risk, High Return ???? ?? ????? ????+???? ??? ????? ?? ????? 2015? ???? ??(IPO) ????? ????? Q ??? ?? ??? ?? ?? ??? ??? ??????+D/C A The Solution of All Q & A ? ?? ??? ?? ??? Copyright ? YD Life Sciences Inc. All Rights Reserved. ? ?? ??? ?? 3 3
  • 4. 2. ?? ??(Company Introductiion) Executive Summary ¡ö ?? ?? ??? (?)??????? (???) (? ? ?) ? ? ???? ??? ? ??? ???? ????, ???????, ???? ??? ??? ?? 339-1?? ?????? 212? ??? ??? ??? ??? 172 ????????? ? ??????? 417? ??? 2008. 12. 22. ???? 21? ??? 5,530??? ???? ???? ¡ö ???(Organization) CEO COO ??????? CTO CSO YD??? ????? ?????? ??????? ??/?????? ????? ?? 1? ??? 1? CNS??? ????? ?? 2? ??? 2? ??????? ????? ????? Copyright ? YD Life Sciences Inc. All Rights Reserved. ???? 4 4
  • 5. 2. ?? ??(Company Introductiion) Executive Summary ¡ö Man Power : ??? ?? ???? ? ?? ???? Network ????? ???? ??? ?? ? ????? ???? Wisconsin (USA) ????? ?? ??? ?????? ???? YD ??? ???????? ???? (2?) ???? ???? ???? (7?) ????? ????? (4?) ????????? ????? (8?) ????? ??? ??? ???? ?????? ???? ??? ?? ? ??????? ???? ????? ???? ????? ?? ?? YD R&D ?? ?? ???? ? CRO?? ??? ? ??? ????? ?? R&D ? ???? ?? ?????? ?????? ??????? ? ? ? ? ?????? ???? ??? ?? ? ??? ??????? ???? Bonn Uni. (Germany) ??? ?? ??? ???? ???? ????? ???? ??? ?? ? ??? ??????? ???? California Uni. (USA) ??????? ?? ???? ???? ???????? (5?) ???? ???? (2?) ????? ??? ??? ????? ???? ?? ??/?????? CNS??? ??? ????? ??? ????? ??? ????? ??? ????? ??? ????? ??? ??? ?? ??? ?? ??? ??? ??? ?? ??? ?? ???? - ?? ? ?? ?? ?? ?? ?? ???? ?? ? ?? ??? ??????? ???? ?? ?????????? ???? Copyright ? YD Life Sciences Inc. All Rights Reserved. ???????? (2?) ????? ???? (6?) ????? ????? ????? ????? ????? ????? ????? ??????? Ph.D can. ????? IND 2? (Phase 2) ?????? ?? 4? ????? ?????? ?? 1? ????? ???? 2? (H?, C?) 5 5
  • 6. 2. ?? ??(Company Introductiion) Executive Summary ¡ö YD? ????? ?? ?? Mission : ??? ?? ?? ?/?/?/? ?? ?? ?????? New Drug Development ?? ?? ???? ? ????? ?? Diagnosis & Disinfection ?? ?? ???????? Well-being FooD & Drink "?? ??? ?? ?? ???, ??? ??? ?? ?? ???, ??? ??? ??? ?? ???!!!" Copyright ? YD Life Sciences Inc. All Rights Reserved. "Your Health Defender" 6 6
  • 7. 2. ?? ??(Company Introductiion) Executive Summary ¡ö YD? ?? ?? (?? ?? ??) [??? ??? ????] ? ???? ??? ???? ??? ????(??, ??, ??) ? ??(Speed)? ???(Creativity)? ???? ???? ?? ?? ? ? ??? ???? ???? ?? ? ???? ?? ??? ?????? ?? [?? ??? ??] ? ????? ?? ?? ??????? ???(HCS) ? ????(HOT-YESTM) ?? ? ?? ???? ?? 9?? ???????? ? ?????? Pipeline ?? ? R&D ??????, ???? ? ???? ???? : ???? ??? R&D N/W ? 7?? ????? ?? ???? ?? ??(? ???? : 25??) ? ????????????(FY-304) ???? ??? ???, ???, ??? ?? ?? [???? ???? ??] ? 2013? 11? ?????? ?? ?? : ???? ????(Cash Cow) ?? ? ??????? ?? ?? ???? ?????Éç? ?? ?????? ?? ? ?? Medora SnacksÉç? ?????? ??(?? ? ???) ? ?? ?? ? ???? ???? ?? ?? "?? ??"(Quantum Jump) ? ???? Category Kill Copyright ? YD Life Sciences Inc. All Rights Reserved. 7 7
  • 8. 3. ? ???????? Executive Summary ? ????/?????? ?? ????? ?? ???? ? ?? (?? 1? ?? ?) ? ??? ?? ??/??? ??? ???, ?? ????? ????(??) ?? ?? ? 17? ??? ???? ?? ? ?? ??(??, R&D??) ?? ? ?? ?? ?? ??? ÖÐ ????? ??? ?? ??, ?? ? ??? ?? ?? ¡ü ?????(2010) Copyright ? YD Life Sciences Inc. All Rights Reserved. 8 8
  • 9. 4. ?????? ? ??? Executive Summary ? 9 Pipeline : ????? 5?, ???? 1?, ?????? 3?? ???? ?? ? ? 2013? ????? ????? ???? "????????????" ??(????, ??? ??) R&D Pipeline ?? ?? ????? ??? ? ? ? ???? ???? ???? YD-104 ??? ?? ¢Ù ?, ?? ????? ??, ???? ? ??? ?? ¢Ú ????? ??? ???? ??? - YD-107 ? ? ??? ?? ¢Ù ?????? ??? acute?? ? ??? ????? ?? ??? ??? ¢Ú ??? ???, ???? ?? ??? ??? ? ? ??? ?? ¢Ù ?? ??????? ?? ??????. ¢Ú ????????, ???????? ???? ??? YD-109 ??? Lead. Opt. YD?? - FY-304 ????? ?? ??? ??? YD-102F ?? ?? ???? ???? ???? ??? YD-104F ????? ??? ??? ????? ??? ???. ??? ??? YD-106F ???? ? ? ??? YD-108 ???? ??? ?? YD-106 ??? ? ? ? ? ¢Ù ????? ?? ??? ???? ???? ?? ¢Ú ????????? ?????? ?? ? ?? ?? ?? ?? ?? ???? ?? ?? ?? ?? ??? ?? ??? ???. ??? ??? ¢Ù ??? ????? ? ??? ?? ¢Ú ??? : ????? ¢Ù ????? ??? ??? ??? ??, ???? ??. ?????? ¢Ú ????? ??, ????? ??? 6???? ?? Copyright ? YD Life Sciences Inc. All Rights Reserved. ??. ?????? ??? ???. ??? - 9 9
  • 10. 5. ???????????? ?? Executive Summary ¡ö ???????????? ? ?? 3???(???????, ??????? ? ?????)? ???? ???? ?????? ???? ???? ???? ???? ? 2020??? 1?600?? ??, ??? ???? ???? ? ?? ?? ??? ?? ???? ? ?? ???? ?? IPO ? ?????? ??? ??? ?? ??? ? ? ??? ?? ????? ?????, ???? 26? ?? ¡ö ????? ?????(Neuropathic Pain) ? ???? ???? ??? ???? ???? ??? ??¡¤??? ?? ?? ? ??? Market : ?? 3? ??(US, 5EU, ??)?? ?? 25??? Sales ¡ö FY-304 ??? ??? ? ??? ? ?? : ?????? ?? ?? ??? ????? ?? ? ??? : ?? Profile? ?? -. ??/??? ?? ??? ???? ?? ? 5~20? ?? ? ?? ?? ?? ?? ???? ??? ?? Tox/??? Profile Copyright ? YD Life Sciences Inc. All Rights Reserved. 10 10
  • 11. 5. ???????????? ?? ???? ?? Test ?? Acute ?? ? ? ? ? ? ? FY304 ?? ?? Efficacy > 50 mg/kg > 10 mg/kg FY304 = 5?¡ü Potency >> 100 mg/kg > 10 mg/kg FY304 = 10???¡ü Efficacy > 50 mg/kg > 5 mg/kg FY304 = 10?¡ü Potency >> 100 mg/kg > 5 mg/kg FY304 = 20???¡ü Efficacy > 25 mg/kg > 25 mg/kg ??? ?? Potency > 25 mg/kg > 25 mg/kg ??? ?? > 6hr > 6hr ??? ?? ???? < 500 mg/kg < 1000 mg/kg FY304 = 2?¡ü ???? << 100 ¦Ìg/5¦Ìl < 400 ¦Ìg/5¦Ìl FY304 = 4???¡ü Formalin test Neuropathic ?? Gabapentin Writhing test Inflammation ?? Chemotherapy ?? ????? ???? ???? ???? ??? Coordination ?? Writhing test Rotarod test Executive Summary (FY-304 ???? Data) ???????? ???? ???? ?? ¡®????? ????? ???? 'FY-304'? ??? ?? ?? ¡®????????????¡¯ ??? ????. 'FY-304'? ????? ??? ?????? ?? ? ??? ??? ? ??? ????? ??? ??? ??????, ?? ???? ???? ???? ? ?????? ???? ?? ???? ?? ? ? ????. ?????? 'FY-304'? ?? ??? ???? ??? ???? ? ? ?? ???? ??? ?? ??? ???? ??? ???? ? ?¡±? ???. [?????, 2013. 07. 08.] Copyright ? YD Life Sciences Inc. All Rights Reserved. 11 11
  • 12. 6. ????(Cash Cow) ?? Executive Summary ? 2013? ?????? ?????? ???? ???? ??(2013? ??? 65??, CAGR 15%) ? ??????(???? ? ??????), ????(??? ????? ? ???? ??) ??? ?? ? ?????? + ????(Cash Cow) ???? ?? ??? ??? ???? ?? High(?) Invest ?? ?? ????? ? ?????? R&D?? ? ? ? Invest (25%) ?? ?? ??(Divest) 2014 2016 Low(?) 2018 (0) High(?) Copyright ? YD Life Sciences Inc. All Rights Reserved. ?????(???) Low(?) 12 12
  • 13. 6. ????(Cash Cow) ?? Executive Summary ¡ö ?? ???? ? ???? ?? ???? ? ?? ?? ?? Portfolio ??? ??? ???? ??? ???? ??? -. ???? ? ?? ??? ??? ??? ???? ??? ???? ???? -. ????? 30%??? ?? ??? ???? Risk? ?? ??. ?? ?? ?? -. ???? ?? ???? ??? ?? ?? Copyright ? YD Life Sciences Inc. All Rights Reserved. 13 13
  • 14. 6. ????(Cash Cow) ?? Executive Summary ¡ö ??? ????? ?? ?? ? ???? ?? ????? ?? ?????Éç? ?? ?????? ?? ? ?? ?? ???? KFDA ?? ?? ? / 2014? ????? ?? ?? ? ?? ??? ?? ??? ?? ????, ?? ???? ?? ????? ?? ?? ???? ??? -. ?????? 4? ?? ????? ??, ?? ??? ?? ??? ??? ?? -. ?? ???? ?????? ?? ??? ??? ??? ??? ?? ?. -. ???? ?? ??? ?? ???, One-Stop ???? ????? ???? ?? ?? ?? ?? ?? -. ???? ?? ??? ?? ???, One-Stop ???? ????? ???? ?? ?? -. ?? ??? ? ??? ?? Copyright ? YD Life Sciences Inc. All Rights Reserved. 14 14
  • 15. 6. ????(Cash Cow) ?? Executive Summary ¡ö ?????? ?? ? "??? ?"? ???? ???? ??? ??? ???? ?? ??(?? ??) ? ?? Medora SnacksÉç? ?????? ?? : ??? ? 300% ??? ??? ? ???? PopCORNERS? ??? ??? ??? ?? Ÿo?????, ŸoGluten, Ÿo??? Natural Air-Popping ?? ?????? ??? ? ?? ?? -. ???, ????, ????? ? ??????? ??? ? ?? 20,000? ?? ?? -. ???? ? ??? ??? ?? ?? ??? ????? ? ??(??? ??? ??) Copyright ? YD Life Sciences Inc. All Rights Reserved. 15 15
  • 16. 7. ???? ?? / ???? Executive Summary ¡ö ???? ?? ?? ? ??? ?????? ?? ? 2013? 11? ??????? ?? ?????? ?? ? 2013? 6? 30? ?? YD????? ????? 7,995??? ?????. ¡ö ?? ? ???? ?? ?? ?? (?? : ??) Descript ion 2013.7~ 12(E) ??????(FCF) ???? Income Value WACC % Operating Value Non-operating Asset Value Enterprise Value Interest-bearing Debt (808,838) 3 (785,079) 2014(E) (1,454,545) 12 (1,291,023) 2015(E) (114,759) 24 (90,407) 2016(E) 2017(E) 2018(E) 4,442,390 10,086,404 18,288,225 36 48 60 3,106,254 6,259,842 10,074,079 12.67% 85,926,508 730,041 86,656,550 3,676,919 Equity Value 82,979,631 Number of issued shares(?) 10,378,760 Stock Value(?) 7,995 ¡ù ???? ?? ?? ????? ? ???? ???? ? ?? ???? ????? ??? ??????, ??????, ????? ?????, ?????, ?????, ?????? ? 2015? ?? ????? ? ?? ????? ???? ??? ??????, ?? ?? ??? R&D ????? ???? ?? ?? ??¡ù ?? ? ???? ?? ???? ??????, ? ????? ?????? ???? ??? ???? ??? Copyright ? YD Life Sciences Inc. All Rights Reserved. 16 16
  • 17. 7. ???? ?? / ???? Executive Summary ¡ö ?? ?? ???? ?? ?? [ ???? PER/PBR ?? ?? ] ??? [?? : ???,??, 2013? 11? 11? ??] ??? ???? ???? ??? ??? PBR PER ?? ????? 3,900 (4,630) 630,200 14,195 64,450 9.77 (135.97) 44,350 ??? 6,300 (2,100) 172,300 6,245 45,830 3.75 (81.78) 27,500 ???? 3,700 (11,820) 188,200 18,550 22,270 8.37 (15.77) 10,050 700 (2,670) 127,500 6,934 3,350 38.09 (47.78) 18,400 ????? 40,770 1,860 483,700 7,166 117,230 4.13 260.44 67,600 ???? 16,310 4,600 242,600 4,182 15,910 15.38 53.18 58,500 Average 11,947 (2,460) 307,417 9,545 44,840 13 157 37,733 YD(2015?) 22,895 4,337 11,061 39,508 YD(2016?) 32,942 6,272 11,061 45,877 ??? 276,557 303,590 321,139 439,040 7 25,003 70 7 27,447 29,033 70 39,693 1. ?? PER??? ????? ??? ???? ????? ??? ?? 2. ???????? ?? PER : 143.26?(????? 2013.11.12? ??)?? ?? 70, ??PBR : 13?? ?? 7? ?? 3. 2015? YD???? ??? ????? ??? PER? PBR? ???? 26,225??? ???. Copyright ? YD Life Sciences Inc. All Rights Reserved. 17 17
  • 18. 7. ???? ?? / ???? Executive Summary ¡ö ???? ?? ? ????? ??(IRR, ROI) ???? ????(2015?) ?????? ?????(IRR) ?????(ROI) 5,000? 26,226? 21,226? 226.20% 424.52% ¡ö ????? ?? ???????? ?? ???? 7,995? ¡ú 37% ?? : ?? 5,000? Copyright ? YD Life Sciences Inc. All Rights Reserved. 18 18
  • 19. 8. ??? ?? ?? Executive Summary ? 2015? ?? Pipeline ? 2? ?? ??2? ?? ?, ??? ??? ?? ??????? ???? ?? ? ???? ???? ?? ???? ?? ¡ö ??????? ???? ????(???? ?2? ?31?) -. ?????????: : ??? ?? ????? ?? ??? ????? ???? ???? ???? ?? ?? ???? ???? ???? ?? -. ?? : 3? ?? 17? ????? ??? ???? ???? -. YD???? : ????-M70113, ?? ? ?? ????? -. ???? : ?????????? A?? ?? ?????? ?? ¡ö ??? ?? ?? ?? ???? ??? ?? ?? ???? ????? ??? ?????? ÓÐ ???? ??? ???? ??? ???? (? ?) 1) ROE 5% 2) ????? 10?? 3) ????? 50?? ? ?????? 300?? ?? ???? ??? Copyright ? YD Life Sciences Inc. All Rights Reserved. 19 19
  • 20. 8. ??? ?? ?? Executive Summary ? 2015? ?? Pipeline ? 2? ?? ??2? ?? ?, ??? ??? ?? ??????? ???? ?? ? ???? ???? ?? ???? ?? ¡ö IPO ?? ?? ?? ?? ?? ?? 2013. 11. ?????? ???? ?? 2014. 09. ??? ?? 2015. 06. ??? ?? 2015. 09. ????? ?? ?? ?? Stock Price Highway 7,995 2013 Copyright ? YD Life Sciences Inc. All Rights Reserved. 20 20
  • 21. 10. Investment Highlights ???? ?? ???? ?? ????? ????? ??? ??? ??? ?? ?? ???????? ???? ?? (?????) Executive Summary ¡ð ????? ?? ?? ??????????(HTS) ? ???? ?? ¡ð ??? ?? 9?? ????? ?? ¡ð ?? ??? ????? ? ???? ??? R&D ???? ?? ¡ð ???? ???? ??? ?? ??? R&D ???? ?? ?? ¡ð R&D ??? ????? ??? ????? ?? ???? ?? ¡ð ?? ??? ???? ?? ? 2014??? ?? ?? ¡ð ?? Medora SnacksÉç PopCorners ?? : ?? 20,000? ?? ?? ¡ð ???? ???? ?? Synergy HealthÉç ???? ?? ?? ¡ð 2014? 2? ??, 2015? ?????(??) ?????? ?? ¡ð ??? ??? ???? ???? ????? ?? ¡ð ????? ??? ????? ?? ??? ?? ¡ð ?2, ?3? ????????? ?? : IPO ? ??? ?? ?? ?? Copyright ? YD Life Sciences Inc. All Rights Reserved. 21 22
  • 22. 11. YD????? ?? Executive Summary Stock Price Highway(F) Company Value (Forecasted Stock Price) (??) 15 2014, The Year of Quantum Jump 13 11 ????? ? ????? 9 7 ????(IPO) ??? ?? ???? ?? 5 3 ?????? Process ?? ?????? ??? ?? ??? ??????? ??? ?? ????? ???? ?? ? ????? 8? ?? 150?? ??? ??? 30?? ??? ???? ????? ?? ??????? ?? ?? Copyright ? YD Life Sciences Inc. All Rights Reserved. 300?? ??? ?? ?? 70?? ??? ???? ????? ?? ?? ????? ? ???? ??? ????? ?? 2009 ??2? 2? ?? ?? ???? / ??? ?? ?????? ??? ???? ?????? ?? Start 2011 2013 IPO 2015 2017 Time Line 22 23
  • 23. 11. YD????? ?? Executive Summary " ??? ?? ?? ?/?/?/? " YD? ??? ?? ???? 1. ???? ??? ???? ? ? (¹²ÓÐ) 2. ??? ??? ??? ? ? (¹²¸Ð) 3. ?? ??? ?? 4. ??? ??? ?? ?? (Speed) Copyright ? YD Life Sciences Inc. All Rights Reserved. ? ? (¹²øQ) ÕýÐÅÐеÀ ǧÀïåë³ß ²»ÐŲ»ÐÐ åë³ßǧÀï ??? (Creativity) 23 24
  • 24. Thank you for your attention!!! YD????? ??? ???? ??? ???? ?????. ?????!!! ?? / ???? / ?????? ?? ??? ??? / COO T. 02-576-9332 / F. 02-576-9334 M. 011-473-9687 / E. sg.kang@ydgls.com Homepage : www.ydgls.com Copyright ? YD Life Sciences Inc. All Rights Reserved. 24 25