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Frequently Asked Questions
What is Welichem’s business?
- Developing and commercializing new therapeutics for autoimmune/ inflammatory diseases and cancer
- Producing better therapeutics based on a novel source of compounds from symbiotic microorganisms
- Unique compounds discovered by Welichem principals, leading scientists in symbiotic microorganisms, through more than 25 years of research
What are the key elements of Welichem’s technology?
- Compounds have exceptionally effective bioactivities - immunomodulation & anti-proliferative.
- Existing evidence shows high efficacy with low or no toxicity
- Compounds originate from natural process that has existed for millions of years – less likelihood of unknowns to occur through clinical trials
- Pipeline of other ultra high quality drug leads – technology has already yielded many bioactive, small molecules in over 10 different classes of chemicals that exhibit a range of anti-inflammatory, antimicrobial and anti-proliferative (i.e. anti-cancer and anti-psoriatic) bioactivities
What is Welichem’s market focus?
- Large target Markets with unmet needs.
- Psoriasis $4.4 billion
- Eczema $4.0 billion
- Potential for Inflammatory bowel diseases (IBD) - $1.6 billion
What stage is Welichem at?
- First drug candidate, WBI-1001, has successfully completed a phase I clinical trial for psoriasis, and a phase IIa clinical trial for atopic dermatitis (a form of eczema)
- Second drug candidate, WBI-2100, is currently undergoing pre-clinical studies
What are Welichem’s competitive advantages?
- Compared with existing drugs, Welichem’s therapeutics offer the potential of safer treatments with greater efficacy and faster relief.
What is Welichem’s commercialization strategy?
- Complete phase II clinical trials on WBI-1001
- Enter into an agreement with a major biotech or pharmaceutical company for co-development, or
- Out-license key compound for upfront and milestone payments, and royalties after receiving marketing approval
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