Latest / The BioHub - by Avetix / Episode 75 - Paul Song - CEO of NKGen
Transcript
- 0:05Welcome back to another episode of the Bio Hub.
- 0:08Today I'm joined by Doctor Paul Song, Chairman and CEO of NK
- 0:13Gen. Biotech.
- 0:14Paul has LED across biotech from CMO at NK Gen. to Co founding
- 0:19Fuse Biotherapeutics And since 2022 he's been driving NK Gen's
- 0:24mission to harness natural killer cells through their
- 0:26Podiatry SNK platform for neurogenerative diseases and
- 0:30cancer. In this episode, we dive into
- 0:33his decision to return and lead NK Gen., the science behind the
- 0:37SNK platform, the company's recent SPAC merger and NASDAQ
- 0:41listing, and his perspective on building resilient biotech
- 0:44companies in today's market. It's an absolute pleasure to
- 0:48have you, Paul, how are you? Great.
- 0:50Thanks for having me. No, honestly a pleasure.
- 0:54Let's just start with your journey with NKJN and then what
- 0:57inside you about the company's mission and the team?
- 1:02So I actually was a practicing oncologist for over 20 years.
- 1:07I did always have one foot in the lab.
- 1:09So I was able to understand enough in terms of the what the
- 1:12brilliant scientists were doing, but also enough to realize that
- 1:15I should really focus more on patient care.
- 1:17But about 15 years ago, my I lost my own dad to cancer and it
- 1:22made me re evaluate the way we were treating disease in general
- 1:25and started to learn more about the role the natural killer
- 1:28cells play in human health. And was introduced to this
- 1:32company that had just launched that had really been focused on
- 1:36trying to use the harness the immune system to tackle disease.
- 1:41So I joined the company as the chief medical officer, helped
- 1:44them initially navigate through the USFDA to get several trials
- 1:47up and running in cancer. And that's really how I I first
- 1:52became involved with this. But as we went on, started to
- 1:56realize that natural killer cells had a lot of utility
- 1:59outside of cancer. If any of your listeners were
- 2:02able to do a literature search or put in Google natural killer
- 2:07cells or weak natural killer cells and correlated with
- 2:11disease, you'll find thousands of publications that show that
- 2:14the weaker our immune systems are, particularly the natural
- 2:17killer cells, the more likely we are to develop everything from
- 2:20cancer to autoimmune diseases and such.
- 2:23So we set out initially to develop a process where we could
- 2:26take anyone's weak deficient natural killer cells, grow them
- 2:30and make them very strong and then give them back to patients
- 2:33to perhaps treat numerous diseases and improve human
- 2:36health. And that's kind of where we are
- 2:39right now. Amazing.
- 2:41Yeah. And and you left NK Gen. right?
- 2:43And then you decided to come back.
- 2:45Can you just talk us through that decision and what motivated
- 2:48your return? Absolutely.
- 2:51So I am an oncologist by training as I mentioned and our
- 2:55primary work was using these natural killer cells for cancer,
- 2:59but we started to see some early signal.
- 3:02We weren't sure why and how, but patients with some
- 3:05neurodegenerative diseases were actually showing improvement.
- 3:08And I was intrigued really with that aspect and and I remember
- 3:12having a discussion with the management team how I thought
- 3:16this could be the future. But basically the management
- 3:22team had brought in quote industry experts that said that
- 3:26using natural killer cells for neurodegenerative disease made
- 3:29no sense and we should focus on cancer.
- 3:31So in 2021, I left the company but but I didn't have a non
- 3:38compete or NDA. So it was still free to try to
- 3:41figure out the mechanism of action of why and how NK cells
- 3:45might work for neurodegenerative disease.
- 3:48And over the course of two years, I I felt like I was
- 3:51studying for a PhD in neuroscience.
- 3:53There was no prior precedent. There was no ivory tower that
- 3:57had been sort of touting this is a potential, but was able to
- 4:02come up with a pretty cogent argument and scientific
- 4:05rationale of why natural killer cells could affect not just
- 4:09Alzheimer's, but other neurodegenerative diseases like
- 4:11Parkinson's and Lewy body dementia.
- 4:15And ironically, when I figured that out, the founding CEO came
- 4:21back to me and asked if I would consider coming back to the
- 4:23company. And I said I would only come
- 4:25back if we made a neuro the primary focus of the company.
- 4:29And he said he agreed you could do whatever you want, just come
- 4:35back and run the company. And that's that's kind of how it
- 4:37all came back together. That's amazing.
- 4:40That's amazing. Your your science and technology
- 4:43are pretty innovative as well. So can you just explain the SNK
- 4:48platform and the potential on, on both neurodegenerative and on
- 4:53oncology as well? Yeah.
- 4:55And and first of all, for your viewers who are not familiar
- 4:58with what natural killer cells are, you know, within the body,
- 5:00you've got basically three different subtypes of blood.
- 5:03You got your red blood cells that shuttle oxygen.
- 5:05You have your platelets that, you know, stop bleeding.
- 5:08And then you have your white blood cells, which are
- 5:10considered the immune system. And within the white blood
- 5:12cells, the primary cell that people focus on a lot on are T
- 5:16cells, right? They're the ones that people
- 5:19have engineered car T products. They're the ones that seem to be
- 5:24a very essential part of our immune system to fight infection
- 5:28and and disease. But little known within that are
- 5:31cells called natural killer cells.
- 5:32Now natural killer cells represent about four to 15% of
- 5:37all the white blood cells in your body, but they actually are
- 5:42serve a huge role. So think of a blind person using
- 5:46fingers to read Braille. Natural killer cells have 40
- 5:50plus receptors that the natural killer cells use police your
- 5:54body and they use these receptors as they come across
- 5:56something to basically feel whether or not this is normal
- 6:00and should be left alone or it's a diseased cell.
- 6:04Whether it be a cancer cell, a virally infected cell, or even
- 6:07sometimes when your own immune cell goes rogue and is attacking
- 6:10your body. Natural killer cells through
- 6:12these receptors have the ability to identify them and if they're
- 6:16competent and strong enough, they can eliminate them.
- 6:18But as we get older or based on lifestyle, our immune cells can
- 6:22get quite weak. So we set out to develop a, a, a
- 6:27way to get these to grow. Now the challenges that natural
- 6:30killer cells are very, very difficult to get to grow.
- 6:33So the majority, if not all the other companies in the natural
- 6:36killer space are using a universal donor, meaning they
- 6:40will screen thousands of samples of cord blood or stem cells and
- 6:45figure out which are those sources that they can reliably
- 6:48get to grow. A part of that is because if
- 6:51they take 100 random strangers and isolate the natural killer
- 6:54cells, most of them may be able to get like 30 out of the 100 NK
- 6:59cells to grow. What we showed the USFDA is
- 7:02whether or not we take cells from heavily pretreated cancer
- 7:04patients or healthy subjects, that we can get 100% growth.
- 7:09So that's really, I think what sets our technology apart in
- 7:12that you take 100 random strangers, we can isolate their
- 7:15natural killer cells and get 100% growth.
- 7:18But if you have weak and deficient natural killer cells
- 7:22and all you're doing is making more weak and deficient natural
- 7:25killer cells, we would argue that's not going to be
- 7:27biologically beneficial. So not only can we get everyone
- 7:30cells to grow, but we can make them more powerful.
- 7:32We can take your weak natural killer cell and grow them into
- 7:36very, very powerful strong natural killer cells and restore
- 7:40sort of the immune integrity. The final part as I mentioned is
- 7:43those 40 receptors, right, those finger like projections that NK
- 7:47cells use to read the room. What we find is that again, as
- 7:51you get older, not only can the cells get weaker, but the degree
- 7:54of sensitivity or the degree of expression is also decreased.
- 7:58So we grow cells into massive numbers of cells, we greatly
- 8:03increase the killing potential of natural killer cells, and
- 8:05then we cause a maximum expression of these receptors.
- 8:09So when we give these cells back to patients, we haven't
- 8:12genetically modified them, but we've optimized them.
- 8:14So when we give them back to patients, there's no side
- 8:17effects, there's no rejection because we have not genetically
- 8:22modified them. And that's how we're able to do
- 8:24this and do this in a very, very Safeway.
- 8:27And we're really the only company that has been able to
- 8:29show that we can take everyone sells and do this for that.
- 8:32That's amazing. I love that story.
- 8:35Yeah. I mean, like this question is
- 8:39really relevant just in today's market.
- 8:41But what, what are some of the biggest challenges you've faced
- 8:45since inception? And also how, how did you and
- 8:48the team overcome them? So again, with regard to how we
- 8:53came across this for neuro, I wish I could say I was so smart
- 8:56that I was sitting in a room with prominent neuroscientists
- 8:59and said I think natural killer cells would work for
- 9:03Alzheimer's. What happened was the founder of
- 9:05our company's father was sitting in a nursing facility with
- 9:08advanced Alzheimer's. He had not gotten out of bed,
- 9:10not been able to talk in many, many years.
- 9:14And this was pre COVID. And the founder of our company
- 9:17said to me, do you think it would be OK if we gave him some
- 9:22boosted natural killer cells? Not thinking it would improve
- 9:25his Alzheimer's, but really thinking that if we boosted his
- 9:29immune system, it would prevent him from getting an infection.
- 9:32So even before COVID, nursing homes were kind of like daycare
- 9:35centers that, you know, one kid get sick and they all get sick,
- 9:381 senior get sick. And the amount of pneumonia or
- 9:41flu that spread was quite contagious.
- 9:45So he felt if I could boost my father's immune system, perhaps
- 9:50I would make him less susceptible, right?
- 9:51Because he wasn't getting out of bed and doing things.
- 9:54So we went ahead and took his blood and made some cells and
- 10:00gave it back to him, thinking that this would just reduce his
- 10:04infect infection risk. But what happened was shortly
- 10:07thereafter, the founding CEO said to me, you're not going to
- 10:10believe this, but my father's talking to me and I said, well,
- 10:13is he making sense? He said, yes, not only is he
- 10:15talking to me, he's able to articulate what he's watching on
- 10:19TV. And not only that, he's able to
- 10:22now sit up in bed. He said, can you see if there's
- 10:25any scientific rationale why are NK cells might work in neuro and
- 10:31in Alzheimer's specifically? So-called some leading experts,
- 10:35called some friends that I went to medical school with and I
- 10:37said, hey, do you know if there's any rationale and all?
- 10:40They came back and said, no, it doesn't make any sense.
- 10:42There's no precedent or publications.
- 10:45It was probably just a coincidence.
- 10:48So just kind of said, oh, it's a coincidence.
- 10:50Left it at that. About six months later, one of
- 10:55our employees came to me and said that there was a family
- 10:59member for which they were raising money for a GoFundMe
- 11:02page. And this was a young man, only
- 11:0538 years old, who was in Hospice with advanced Alzheimer's.
- 11:09At the age of 34. He had been working as a
- 11:12management consultant somewhere in the San Francisco Bay Area,
- 11:15started to act erratically, started to get lost on his way
- 11:18to work. And then he ended up at UCSF
- 11:21Medical Center and was found to have this rare genetic mutation
- 11:25called Peace N1, which guaranteed before the age of 50
- 11:29he would have full blown Alzheimer's disease.
- 11:32So when we met him, it was four years later and he was no longer
- 11:36able to walk, talk or feed himself and required 24 hour
- 11:39care. And the the family, because it's
- 11:42very expensive in the United States to treat such patients,
- 11:45had to raise money for this. So I reached out to the family
- 11:49and I said, you know, I don't know if this is going to work.
- 11:51We had this one instance. Maybe it was coincidence, but we
- 11:55know our treatment's safe. Might you be willing interested
- 11:59in US making this available And the family said yes, we're
- 12:03desperate. So we were able to get
- 12:05compassionate use approval. We took his blood and we started
- 12:09to treat him. And lo and behold, he went from
- 12:11somebody who could not walk, talk or feed himself to doing
- 12:14all those things like to the point where the, and I actually
- 12:18had the head of Alzheimer's at UCLA, Doctor Minguo
- 12:23independently see and follow this patient.
- 12:25And I remember after a few doses, she went back to see him
- 12:29and, and doctor will call me and she said, what, what did you do
- 12:31to this guy? This is unprecedented.
- 12:33We never see anyone this advance ever show any improvement.
- 12:38But still at that time, we didn't understand the mechanism
- 12:40of action. And then right after that we
- 12:44decided, well, let's, let's try it on one more.
- 12:46So we tried a more conventional Alzheimer's patient from New
- 12:49York, same thing. She was not able to remember her
- 12:51kids name. She could no longer walk, talk
- 12:54or feed herself. And she was able to do those
- 12:55things. So based on all of that, I
- 12:57really felt like there was something there, but at the time
- 13:02the the founding CEO was talking to other people, industry
- 13:07experts, and they all said, no, no, this doesn't make sense.
- 13:10And that's when they decided to drop it.
- 13:11And that's where I realized it was time for for me to go.
- 13:16So I would say the biggest challenge during the period of
- 13:18time is even though I was able to put a cogent argument and
- 13:21scientific rationale together that satisfied the USFDA enough
- 13:26to give us an Ind approval to start a clinical trial, the
- 13:32industry, the the code establishment all thought this
- 13:36was nonsense. I got a lot of responses like
- 13:41it's too good to be true. It's placebo effect.
- 13:43Look, you're an oncologist, stay in your lane.
- 13:45You don't know what you're talking about.
- 13:48But because I was actually seeing patients improve in
- 13:52unprecedented manner, I couldn't dismiss it.
- 13:55So I, I felt like I needed to, to, to come back and try to
- 14:03fight for this because I knew if I didn't, nobody else would and
- 14:06this would have died years ago. So came back, got the Ind, we
- 14:11started a pilot trial. We were able to draw samples of
- 14:16patients cerebral spinal fluid before our first dose, 4 after 4
- 14:20doses and then three months later.
- 14:22And we were able to show one that when we take your cells and
- 14:27put it through our proprietary process and we give them back to
- 14:30you through a simple IV that they do indeed get into the
- 14:33brain. And not only are they getting
- 14:35into the brain to improve protein levels.
- 14:38So not just amyloid, but we showed that it also improves
- 14:41alpha synuclein proteins were true associated with also, I
- 14:43mean Parkinson's disease and Tau proteins that are associated
- 14:47with the front of temporal dementia.
- 14:49But we also showed we reduce neuro inflammation and more
- 14:53importantly, we were showing that patients were actually
- 14:55getting better. So as you know, the current
- 14:58treatments for Alzheimer's are one, the approved drugs are only
- 15:02for the earliest stage, what we call the mild cognitive
- 15:04impairment. And all they're doing is slowing
- 15:07the level of decline. Nobody stops getting worse or
- 15:09anyone gets better, but we're showing from the time again that
- 15:12the majority of patients are actually either stopping the
- 15:15decline entirely or actually really getting better.
- 15:18And we presented data at the most recent International
- 15:22Alzheimer's Meeting in Vienna in June that showed that we've been
- 15:30able to convert patients from moderate stage Alzheimer's to
- 15:32mild. Like we're actually showing
- 15:34patients had meaningful improvement as well as
- 15:39corresponding biomarker improvement, reduction in
- 15:41protein levels or improvement of protein levels, improvement in
- 15:46neuroinflammatory markers. So we went from nobody believing
- 15:50in what we were doing, everyone telling me to stay in my lane to
- 15:54now getting major sites wanting to be part of our trial.
- 15:58The FDA looked at our data and felt convinced that there was
- 16:01something there. And they give us a fast track
- 16:03designation now for our work in moderate stage disease.
- 16:08And now we're actually treating other indications front of
- 16:11temporal dementia, Parkinson's disease.
- 16:15And so it's been a long struggle, but we're, we're
- 16:19finally to the point where people don't view us as, as you
- 16:24know. Nonsense.
- 16:27Yeah. Wow, that's such an incredible
- 16:29story. Yeah.
- 16:32And, and I'll tell you it it, it's only because it's easy to
- 16:37get dejected. It's easy to be want to give up,
- 16:44but the, it's because when you meet the families of these
- 16:48patients, not to mention the patients, and you see the
- 16:50profound impact it's had on them, right?
- 16:52So think of like if you have a loved one who has Alzheimer's
- 16:55disease who is no longer capable of caring for themselves, you
- 16:59either have to have the means to hire somebody or a lot of these
- 17:02people take time off. They, they quit their jobs to
- 17:05take care of their loved ones. And think about if you've had to
- 17:08physically pick up your loved one out of a chair to take him
- 17:11to the bathroom. But now they can stand up and
- 17:13walk to the bathroom by themselves, and they can follow
- 17:15commands. When you meet these families and
- 17:20they tell you how it's had a profound impact.
- 17:24It's what It's what drives me and keeps me going.
- 17:29Yeah. Even when, you know, the medical
- 17:32community or the VC community just basically shits on you.
- 17:37You just got to keep moving along.
- 17:39Yeah. Kind of moving on to that, like
- 17:42VC community slash financing, you guys went through a SPAC
- 17:46merger and listed on NASDAQ that way.
- 17:49Can you just walk us through that decision process because
- 17:54it's not as conventional, right? Like what?
- 17:56What was the thinking behind it? So remember I mentioned that I
- 18:01left the company and then the founding CEO asked me to come
- 18:05back. And when he asked me to come
- 18:08back, it was because he was about to close the doors on the
- 18:12US entity because it was out of money.
- 18:15Over the period of time when I was away, they had adopted
- 18:20several plans and strategies that just didn't pan out.
- 18:24So really it was last ditch effort when he asked me to come
- 18:28back. So when I came back, the company
- 18:31was in such bad financial straits there.
- 18:36There wasn't, we weren't even sure if we're going to make it
- 18:38another few months. And so I was given the
- 18:42opportunity to raise some capital through a SPAC merger
- 18:47and because to do a traditional IPO was going to be too hard.
- 18:50If it was up to me, I would have remained wanted to remain in
- 18:55private and independent as long as possible.
- 18:58But we decided to go to the markets with the SPAC to and we
- 19:04were able to raise about $25 million and the Korean parent
- 19:08company had actually agreed to give us 25,000,000 as a backstop
- 19:12as well. So I figured that would give it
- 19:14give us enough money to execute till we reached our milestones.
- 19:20Unfortunately, about three months after we went to the
- 19:24NASDAQ, the Korean parent company had imploded.
- 19:29So the Korean parent company was traded on the Korean Stock
- 19:31Exchange, the Kozdak, and the founding CEO and the company had
- 19:37some issues. So they went, they got delisted
- 19:42and then subsequently declared bankruptcy about 5 months after
- 19:46we went to the NASDAQ. And because of the Korean parent
- 19:50company going bankrupt and all the issues there, everyone
- 19:54assumed there was something wrong with their science.
- 19:56So it caused a massive sell off of our shares on the NASDAQ
- 20:01because a lot of investors in our company also had shares in
- 20:04the Korean company. And it, it almost killed us
- 20:09because not only did it 'cause our stock price to plummet, it
- 20:13caused people to question whether or not the science was
- 20:15real. And then remember, the Korean
- 20:18parent company had agreed to give us a $25 million backstop.
- 20:22They'd only given us 10 million before they went under.
- 20:24So. We were had a big cash
- 20:27shortfall. We couldn't raise any money
- 20:29because of the mess of the Korean parent company and people
- 20:34were questioning our science. So for the next year we
- 20:38basically almost closed the doors several times.
- 20:40I went almost a year without a salary.
- 20:42I still haven't really taken one.
- 20:44I ended up getting my mom, my sister, my mother-in-law to put
- 20:51money into the company just to make payroll.
- 20:56But the thing that we continue to do during this really
- 20:59difficult, tumultuous time was execute clinically and generate
- 21:03real compelling data. So it was a perfect storm of
- 21:07everything that could go wrong. So that was our quote path to
- 21:11the NASDAQ. But because of the Korean parent
- 21:14company overhang and then the drop, we went fell below the $35
- 21:19million market cap and then we got delisted from the NASDAQ.
- 21:23We've been on the OTC exchange. But through all this process,
- 21:29because our science has remained strong, I've now been able to
- 21:33raise the money to acquire the Korean parent company out of
- 21:37bankruptcy, which will be announcing very soon.
- 21:41And then we plan to relist or uplift back to the NASDAQ or the
- 21:48NYSE probably before the end of the year.
- 21:52So we literally have emerged from the ashes due to no fault
- 21:58of our own really the Korean parent company causing this.
- 22:01And now we're not only going to be taking over the Korean parent
- 22:04company out of bankruptcy, we'll consolidate all the IP, the
- 22:08global rights, everything. So it's it's it was no small
- 22:13feat. I can't even imagine like the
- 22:16stress and resilience that you guys have, but like
- 22:20congratulations. Like it's it's one hell of a
- 22:23story and like. It's really a really a testament
- 22:28to the dedicated team that I have.
- 22:32We had to lay off 75% of our staff, but the 25% that have
- 22:35stayed with us are they believe in what we're doing.
- 22:39They, they could have taken jobs elsewhere.
- 22:42You know, why stick around a company where you don't know if
- 22:44you're going to make it next month?
- 22:46But they, they see the profound impact that we're having and
- 22:49they want to stay. And they also, I think see that
- 22:52myself and some of our management have gone without
- 22:57paychecks for, as they say, almost a year.
- 23:00And then I think also the fact that I was willing to get my own
- 23:06family to put money in just to keep the company going last,
- 23:11Lastly, I'll just say that in those two years that I had left
- 23:13the company, I went and started another company in the cancer
- 23:19space and we ended up selling that company a few months ago.
- 23:23I can't divulge the company that bought a shed as per the
- 23:25agreement, but the money that I made from that I immediately
- 23:30rolled into our company now. And I think it again, it just
- 23:34showed that how much I believe in the science and I and then it
- 23:37started to open the gates for people to invest in us.
- 23:42So I guess the point being that left to my own devices, if I
- 23:45start my own company, I know what I'm doing and I can quickly
- 23:49turn it around. But inheriting a company that
- 23:52was run in a in a very different way, it's been the biggest
- 24:00challenge of my life. But again, the only reason I
- 24:04have come back is because I see what it can actually do to
- 24:07patients. And I knew that if I didn't
- 24:10fight for it, nobody would. But now we're at a point where
- 24:16the, the, the patience and the profound changes we're seeing
- 24:20is, is it's so rewarding. And that, that's why I that's
- 24:24what fueled me to keep. Going, yeah, I mean, it's kind
- 24:28of less my speech like the yeah, what you've gone through to to
- 24:32get to this point. And like you can, you can see
- 24:35where it's going to go now. And it, it, it, it shows, right?
- 24:39Like the, the science will always come through, you know,
- 24:44tough market, really like unfortunate circumstances.
- 24:49Like I can't take my hat off to you enough in, in terms of what
- 24:52you've done. Like, it's incredible.
- 24:56Well, again, we had to set a new paradigm, right?
- 24:58Because the whole Alzheimer's space is focused on just
- 25:02removing amyloid proteins. What we found is that when we
- 25:07we've all evolved with an immune system that technically can keep
- 25:12things in check. But as I mentioned, if we get
- 25:15older and our immune system start to get weaker or lifestyle
- 25:19changes, maybe they start to lose their ability to police.
- 25:23And This is why, you know, people develop cancer and all
- 25:25sorts of things. But what we found is when we
- 25:29take your NK cells and we grow them into billions of highly
- 25:34enhanced active NK cells, we upregulate A receptor that
- 25:40allows them to get into the brain.
- 25:41And once they get into the brain, we've shown that they can
- 25:44help to not only digest and remove amyloid proteins, which
- 25:49is what majority of the drugs are focused on, but also alpha
- 25:53synuclein proteins, which you traditionally see in elevated
- 25:57and Parkinson's or Lewy body dementia, and Tau proteins,
- 26:00which is what you see in front of temporal dementia.
- 26:02So we're able to show that your own immune system cells can get
- 26:06up there and reduce those levels or improve those levels in, in
- 26:09your CSF. And then the final part is as
- 26:13these proteins accumulating the brain, your other cells, the T
- 26:16cells get up into the brain. And in their attempt to try to
- 26:20remove the proteins, T cells only have one receptor, so they
- 26:24can't distinguish between normal healthy tissue and disease.
- 26:28So they cause a lot of collateral inflammation and
- 26:30damage. So one of the things what we
- 26:33have found is if you just remove the protein, but leave the
- 26:37inflammation and damage behind, this is one of the reasons we
- 26:39believe nobody's getting better with the current regimen.
- 26:42We found that your own immune systems or are natural killer
- 26:46cells all have the ability to get up into the brain to remove
- 26:50proteins, but also start to clean up those T cells that are
- 26:53attacking your own body. And in doing so, they reduce the
- 26:56inflammation and and the neuronal damage.
- 27:00So it's pretty, it's a new paradigm and it's pretty cool
- 27:04that this is not a drug. It's basically unleashing what
- 27:08our God-given immune systems at one point had the ability to do.
- 27:13And so that's what's great about it.
- 27:15There's no side effects with our treatment.
- 27:18And our goal is right now we're taking patients who actually
- 27:22have Alzheimer's and making them improved dramatically, right?
- 27:27So as I mentioned, moderate, the reason we focused on moderate
- 27:30stage Alzheimer's disease, those, these are patients that
- 27:32are no longer capable of independent living.
- 27:34They leave the stove on or they walk somewhere and then they get
- 27:38lost, right? So they always need somebody to
- 27:39watch them. And we found if we could improve
- 27:42them from moderate to mild, not only would that improve their
- 27:45lifestyle, but it would improve their loved ones lifestyle.
- 27:48So now maybe you don't need to watch your loved one all the
- 27:50time. You can go back to work or you
- 27:53can leave the house for several hours to take care of what you
- 27:55need to do and how transformative this could be,
- 27:58not only for the patients, but for the loved ones.
- 28:02And it represents about a third of all patients.
- 28:04So once we. So right now we have a
- 28:06randomized trial where we're giving patients placebo or our
- 28:09cell therapy and we really expect to see real significant
- 28:14differences between the two groups in the middle of next
- 28:17year and apply for accelerated approval.
- 28:19But if we but once we and we're seeing a time and time again of
- 28:23patients improving, but once we show that, then the idea is to
- 28:26use it even earlier stage. So if you have the biomarker,
- 28:31maybe you don't have to mention it yet.
- 28:32Now they know they can detect these biomarkers 10 years before
- 28:35you develop dementia. Imagine if we just give you a
- 28:38big bolus of your own immune cells that reduces all that
- 28:43before you ever develop symptoms.
- 28:44We can, Our goal is to prevent people from ever getting to that
- 28:47point and to do it safely because it's doesn't cause any
- 28:51brain bleed or anything like these other therapies.
- 28:53And that's where we believe the transformative nature of our
- 28:57therapy will be, not just in treating patients with disease,
- 29:01but giving everyone, it's going in for like an oil change, you
- 29:04know, a couple times a year where we just give you these
- 29:06enhanced NK cells to boost and tackle, you know, disease.
- 29:11That's where we expect to have a real profound impact long term.
- 29:15Yeah, I mean the mission you guys on is amazing.
- 29:19I actually had a the next couple of questions about current
- 29:22market and leadership, but they they don't feel as relevant like
- 29:25after the you know the the stuff we've just been talking about.
- 29:29I would like to ask you one last question though, which was what
- 29:33advice would you give to to the younger people coming into this
- 29:37market and aspiring leaders for the for the future in biotech?
- 29:42Well, one is I would say that if you're working on something that
- 29:48has never been done before, don't get discouraged when
- 29:52people don't understand it. And, and really be agnostic
- 29:58versus prejudice, which I believe are medical community
- 30:04and the biotech community is, I find the biotech community is if
- 30:08one ivory tower place, like if it was embedded at Sanford or
- 30:12Oxford or Upenn and everyone immediately jumps on it, even if
- 30:15you look at some of those treatments never make it right.
- 30:18But if it's somebody else that comes from a lesser known place
- 30:22or didn't come from the pedigree of the, of the, you know, a lab
- 30:27at Oxford, that all of all of a sudden the scrutiny in the bar,
- 30:31scrutiny's increased and the bar is much higher in terms of what
- 30:34you have to show before you even get funding.
- 30:37But I would say if you really find something that, that you
- 30:41believe in your heart, don't, don't get discouraged and, and
- 30:45fight for it. That would be the first thing.
- 30:47The second thing is that the the establishment is all a bunch of
- 30:54like even the Alzheimer's space, billions of the dollars have all
- 30:57been focused on the amyloid hypothesis and no willingness to
- 31:02look at any other ways to treat this.
- 31:06In fact, you know, there was an article by Stat magazine that
- 31:10called it a, a cabal of how they really discouraged and squashed
- 31:17other alternative thinking. And I think that that's
- 31:21dangerous for us as a society. And I believe that you we have
- 31:26to keep fighting for it. So again, it would have been
- 31:28very easy for me to be just disgusted with the
- 31:31establishment. Maybe if I was a young scientist
- 31:33and had not seen an actual human respond, I would have quit this
- 31:37a long time ago. But I also, so I would just tell
- 31:40people to really fight for what you believe in.
- 31:42Set, set a new precedent, set new standards, set new
- 31:46scientific discoveries. Don't be a follower.
- 31:51I I, I feel like you know this is the time to really come
- 31:57forward with your new fresh ideas.
- 32:00Yeah, I'd love to leave the podcast there.
- 32:02That was so powerful. Thank you so much for coming on,
- 32:05Paul. Thank you for having me and I
- 32:08really appreciate the work you guys are doing too.
- 32:10Yeah, thank you so much. And everyone please like and
- 32:13subscribe to the Bio Hub. Thanks again, Paul.
- 32:16Thank you.