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Czech liquid biopsy startup Elphogene comes under full control of one of the founders February 6, 2023 Czech biotechnology start-up Elphogene who pioneered cancer monitoring through its liquid biopsy technology has announced a change in its shareholder structure. The new and sole owner is now Marek Minarik, one of the two original founders of the company. Elphogene, which based its original business plan on molecular cancer diagnostics and monitoring of cancer therapy for patients with colorectal tumors using its proprietary liquid biopsy technology, has seen unprecedented economic growth over the past two years resulting from COVID-19 PCR tests. The company chief, Marek Minárik, says: "With the outbreak of the covid pandemic we have surprisingly seen a significant decrease in interest in our oncology diagnostics from the referring clinical sites. Based on this, our SARS-CoV-2 virus PCR protocol, which was originally developed only for internal testing of our oncology patients, was then converted into accredited regime and after obtaining a license for the Czech National Institute of Public Health we have become part of the official national network of testing laboratories." Elphogene labs, which greatly benefited from their location near the Václav Havel International Airport in Prague - Ruzyne, processed close to 330,000 PCR tests throughout the pandemic, representing approximately 1% of all COVID PCR tests performed at that time in the Czech Republic. The company was first with accreditation for COVID-19 PCR testing, and also one of the first to introduce and validate the pooling method for preventive screening provided to a number of primary and secondary schools in Prague and the Central Bohemia region. "After the decline in COVID tests during the spring of last year, we decided to focus fully to the research and development of a new generation of our technology for the sensitive detection of tumor-specific markers in the peripheral blood of oncology patients," says Minarik, adding: "At the end of the last year, we succeeded in validating of a completely new approach, for which we are now finalizing European patent application. At the same time, we have already approached several leading players in the field of instrument diagnostics with a possibility of technology transfer." Minarik, one of the two original founders, who until now owned 78% stake in the company, acquired the remaining share from a biotechnology incubator i&i Prague, which was the original angel investor when Elphogene was founded at the beginning of 2020. The founder share buy-back, which took place during the last days of December, represents the second successful exit of the investing fund which was established at the Institute of Organic Chemistry and Biochemistry of the Academy of Sciences of the Czech Republic in Prague. i&i Prague: Our mission ends, we wish you much success In the portfolio of the bio-innovation center i&i Prague, Elphogene was among the most mature. "Our investments were at the early stage of the company and helped the transition of its technology from the laboratory to oncology patients and, last but not least, enabled it to respond flexibly to the onset of the COVID-19 pandemic. Thanks to this, Elphogene has become one of the leading laboratories in the Czech Republic in the diagnosis of this disease," says Jiri Moos, executive director of i&i Prague and, until recently, also one of Elphogene's executives. The task of i&i Prague is to search for promising technologies and help them with their introduction to the market. This was achieved in this case, the company Elphogene is today a functioning private healthcare facility that has all the necessary accreditations and permits authorizing it to operate its activities. "At this point, our mission ends and we will focus on supporting other unique ideas from our portfolio. We would like to thank Associate Professor Marek Minarik for excellent cooperation and wish the Elphogene company much success in the commercialization of their technology," adds Jiri Moos. Financial details of the transaction were not disclosed.

< Back Martin Kovalčík Communications For almost 13 years, Martin worked as a media coordinator for the respected Czech non-profit organization, People in Need, where he was responsible for the media service for a team of 300 people. Also, he has experience working in several editorial offices. He left his most significant mark at the Metro newspaper, where he worked for over 5 years, the last two as the deputy editor-in-chief.

Notes from a trip to “The most startup friendly country in the world” At the end of April, Karel Kubias (one of the partners of i&i Biotech Fund) and Jiří Moos (CEO of i&i Prague) attended an event in Riga, Latvia, called Roche Latvia Innovations Day. Here you can read their blog where they describe their impressions from the event and, more importantly, provide further evidence that the Baltic States can serve as inspiration for the Czech Republic. At least in terms of technology transfer… At the end of April 2022, the Latvian representative office of the global pharmaceutical company, Roche, invited us as guests of the “Roche Latvia Innovations Incubator Day”. We gladly accepted the invitation as supporting and building technology transfer is in i&i Prague and i&i Biotech’s genes. It is commendable and positive (but not surprising) that Roche has decided to establish incubators in different territories to financially support primary research results and create an environment where innovative ideas can grow and mature. In Latvia, moreover, this initiative is closely aligned with significant state support. Developing the knowledge economy During the one-day event, two representatives of the Investment and Development Agency of Latvia (www.liaa.gov.lv ) spoke, among others, about how the Agency supports innovation and technology transfer, increases Latvia’s attractiveness for foreign investors and, last but not least, introduced us to its support programs for startups. Additionally, we learned that: in 2021 Latvia had over 400 startups from different sectors (from Fintech to Medtech and Healthtech to Biotech); the entire country (almost one-fifth smaller than the Czech Republic in size) is divided into 11 regional incubators, each of which provides startups with pre-incubation and incubation programs. Latvia has a “Startup Law”, designed to support startups, which allows them to receive co-funding from the state for qualified staff as well as tax benefits. However, the agency not only supports startups, but also the activities of entrepreneurs looking to develop new products or technologies in the form of Innovation Vouchers of up to €25,000. If you are interested in transferring your activities from abroad to Latvia and establishing a startup there, the Agency will arrange a visa for you. Thanks to all this, the Baltic country has been named “the most startup friendly country in the world” by Index Ventures. At times, we felt like we were at a conference in Germany or Austria, where the state also strongly supports technology transfer and startups in general. But Latvia? The targeted efforts to promote technology transfer here have a quite prosaic reason, this country does not have a strong industrial base, so they are focusing on promoting technology transfer in order to create favorable conditions for the development of the knowledge economy in Latvia. The meeting in Riga ‘one of the most exceptional’ As part of our contribution “What does your start-up need to be ready for investors?”, we shared our experience of the process of evaluating and supporting startups before i&i Biotech Fund decides to invest. We were delighted with the feedback from the audience who found our experience beneficial and did not hesitate to contact us with questions after the program. The full morning program can be viewed here. In the second part of the program, we were then introduced to the presentations of seven startups. Each of them received feedback from us and also recommendations for next steps. We continue to stay in contact with two of the teams and are considering investment in the future. Finally, we would like to acknowledge the Roche team for the excellent organization of the meeting. In our professional lives we have made dozens, if not hundreds of business trips, and only a few have stuck in our minds for their uniqueness. We dare to say that this visit to Riga will be one of those exceptional experiences. And we must also admit that we were pleasantly surprised by the level of support the Latvian government is dedicating to technology transfer. Our country can take inspiration from Latvia in this respect. Jiří Moos, i&i Prague (Executive Director) Karel Kubias, i&i Biotech Fund (Partner) THE CZECH VERSION OF THE BLOG CAN BE FOUND HERE . Contact: Martin Kovalčík, kovalcik@inibio.eu , +420 777 472 863

CasInvent Pharma, a New University Spin-Off Focused on Developing Cancer Drugs Established with Help of i&i Prague! A new spin-off company, CasInvent Pharma, a.s., has been established by Masaryk University (MU) in cooperation with its investment partner, i&i Prague, s.r.o. (Ltd), in order to facilitate further development of new compounds that could be used to treat certain types of leukaemia, lymphoma and solid tumours. The company will test the compounds that inhibit the enzyme Casein Kinase 1 (CK1) which is responsible, among other things, for the migration of leukaemia cells into lymphoid organs. The research groups of Vitězslav Bryja and Kamil Paruch from the Faculty of Science MU have been studying and developing these compounds for a long time now. Thanks to the newly-established company, they will be able to finish the preclinical stage of the development of these prospective drugs and move on to clinical trials of the most promising compounds. “The main reason behind establishing this spin-off company is the fact that it is virtually the only option to commercialize this technology, which is still in early stages of development, and advance the research to such stage that it catches the interest of big investors from the pharmaceutical industry,” says the director of Technology Transfer Office MU, Eva Janouškovcová, as to why the joint-stock spin-off company was established with the university as one of its stakeholders. “The i&i Prague company searchs and supports the most promising technologies and the highest quality projects. We have known for a long time that the inhibitors of CK1 are the most promising Czech projects. I am glad that Masaryk University has chosen the i&i Prague as a strategic partner for this project. I believe that we will be able to make significant progress towards clinical trials in the development of the drug, attract other co-investors and international partners and enable the practical use of these new substances as soon as possible thanks to the establishment of the CasInvent Pharma company,” said the CEO of i&i Prague, Jaromír Zahrádka. The CasInvent Pharma spin-off will continue developing the promising results of the scientific teams which led to the patenting of the inhibitors, i.e. compounds that significantly decrease or completely inhibit the activity of CK1 and can be used to treat e.g. certain types of leukaemia. More specifically, the B-Cell Chronic Lymphocytic Leukaemia (CLL) and the Acute Myeloid Leukaemia (AML). CLL characteristically causes the accumulation of dysfunctional cancer cells in the blood and their migration to lymph nodes, liver, spleen and bone marrow, which causes further complications such as enlargement of organs, immunodeficiency, anaemia and other. The aggressiveness of the disease then depends on the interaction of these dysfunctional cells with their immediate surroundings – so-called microenvironment. This interaction leads to tumour cells dividing uncontrollably. The inhibitors of CK1 can effectively stop the migration of the leukaemia cells to lymphoid organs, which prevents them from being damaged and hinders the spreading of CLL. AML, which is one of the most aggressive and difficult-to-treat types of leukaemia, has CK1 working in a different way. Based on the current results, the scientists expect the new compounds to initiate programmed cell death (so-called apoptosis) in leukaemia cells. Targeting interactions in the microenvironment, regulating apoptosis and inhibiting migration mechanisms can be successfully used with other forms of cancer as well, e.g. solid tumours the growth and spreading of which often depends on roughly the same principles. CasInvent Pharma joined the ranks of the other 17 spin-off companies Masaryk University helped to establish. The purpose of these spin-off companies is mainly to utilize the university’s intellectual property and increase its value. The university grants companies intellectual property licensing agreements and, in some cases, it even owns shares of the company. As a result, the spin-off companies established by the university bring profit to all the parties involved: for the university, it is the best way to appreciate its intellectual property, the spin-off company gains a competitive advantage on the market and, last but not least, the end product reaches the consumer more quickly

Dracen Pharmaceuticals Announces the Initiation of First-in-human Study of DRP-104 in Adult Patients With Advanced Solid Tumors! Dracen Pharmaceuticals, Inc. has announced the start of a clinical trial of DRP-104, an anti-cancer substance developed by the team of Pavel Majer at IOCB Prague in collaboration with Johns Hopkins University in Baltimore (USA) @johnshopkinsu . The first patients have received the substance, and the initial phase of the trial will last approximately three years. “The initiation of the phase one clinical trial of our substance is excellent news and an important milestone on the path towards a new treatment for oncology patients,” said Pavel Majer, Head of the drug discovery group at IOCB Prague. Learn more on IOCB page or Dracen page !

i&i Prague and other Prague.bio members participate in a business mission with Czech president in Switzerland Prague, November 7, 2024 – Key representatives from Prague.bio, (incl. i&i Prague) and other leading members of the Czech biotech community, participated in a high-profile business mission in Switzerland, which accompanied the President of the Czech Republic, Petr Pavel, on his state visit. Organized by the Czech Chamber of Commerce, this mission aimed to deepen commercial and research partnerships between the Czech Republic and Switzerland, particularly in the fields of biotechnology, pharmaceuticals, and innovation. Switzerland, recognized globally for its leadership in biotech and pharmaceuticals, is an ideal partner for the Czech Republic’s rapidly growing biotech ecosystem. Over the three-day mission, the delegation visited Zurich, Basel, and Bern, where they engaged in forums, expert meetings, and institutional visits that highlight the mutual commitment to advancing science and technology. In Zurich, the Czech delegation took part in a prestigious business forum at ETH Zurich, one of the world’s foremost technical universities. The event was inaugurated by President Petr Pavel and Swiss Confederation President Viola Amherd, featuring speakers such as Ruth Metzler-Arnold, President of Switzerland Global Enterprise, and Christoph Mäder, President of the Swiss Chamber of Commerce. The discussions focused on opportunities for collaboration between Czech and Swiss biotech companies, positioning Prague as an emerging biotech hub in Europe. The mission continued in Basel, where delegates were touring the Biozentrum at the University of Basel, a center known for groundbreaking research in molecular biology and biotechnology. Global pharmaceutical giant Roche was also hosting the delegation for an exclusive visit, offering insights into cutting-edge research in biotech and pharmaceuticals. The agenda included a roundtable discussion on funding opportunities for biotech and life sciences, a key area of growth for both Switzerland and the Czech Republic. "Switzerland represents an extraordinary opportunity for Prague.bio to connect with one of the most innovative biotech ecosystems in the world," says Petra Kinzlová, CEO of Prague.bio. "This mission was not just about strengthening commercial ties; it was about fostering collaborations that can drive scientific progress and bolster the international competitiveness of Czech biotech. By connecting with top Swiss institutions and industry leaders, we were opening doors for new ideas, partnerships, and growth." Contact for media: Martin Kovalčík, kovalcik@iniprague.com +420 777 472 863

Meet Our Team Our team benefits from decades of know-how and experiences gathered in academic institutions, technology transfer and industrial companies. Using this knowledge, we are developing a pool of highly potent biotech projects originating in academia and finding commercial partners for them. Jiří Moos CEO, Board of Directors Jiří Moos is the Executive Director at i&i Prague. Read More Iva Machová Project Manager Iva Machová is a Project Manager at i&i Prague. Read More Martin Kovalčík Communications Martin Kovalčík is our Communications Manager. Read More Milan Prášil Chairman, Board of directors Milan Prášil is the Chairman of the Board of Directors. Read More Jiří Růžička Project Manager Jiri Ruzicka is a Project manager at i&i Prague. Read More Simona Šandová Office Manager Simona Šandová is the Office Manager of i&i Prague. Read More David Stíbal Board of Directors, Vice Director David Stíbal is the Vice Director at i&i Prague. Read More Roberto Fernandez Project Manager Roberto Fernandez is a Project manager at i&i Prague. Read More Mikuláš Vargic External Lawyer Mikuláš studied law at Masaryk University Brno and International and European Law at the University of Antwerp. Read More Our Mission We scout and support the growth through discovery, pre-seed or seed phase of the most promising projects with innovative potential in Drug Discovery, Diagnostics, MedTech and other Life Science fields. Our Objective Our ambition is to become a leading partner advancing and promoting game-changing biotech inventions coming from the Central Europe region. Our Team Our team benefits from expertise and experience gathered from IOCB and IOCB Tech. We are developing a pool of highly promising biotech projects originating from academia and finding commercial partners for them. Our background We operate as a private company under the wings of the Czech Academy of Sciences and its Institute of Organic Chemistry and Biochemistry (IOCB). From 1994 to 2002, the IOCB was led by Dr. Antonín Holý, whose team invented and developed hugely effective and successful anti-HIV drugs (Truvada, Atripla, Complera, Eviplera). We believe that this is a legacy to build upon and that, with your and our combined expertise, we can make this world a better place and help millions of people.

< Back Alexandr Krajhanzl Board of Directors Alexandr Krajhanzl has been a part of i&i Prague since September 2021. He is also a member of the Board for the Commercialization of Science and Research Results of Charles University Prague. Between 1993 and 2004 he worked in various General Management functions in Cilag, later Janssen-Cilag, Johnson & Johnson. In 2004 as the Regional Director he became responsible for Business Development in EMEA Emerging Markets (80 countries) at Janssen, J&J Pharmaceutical companies. His responsibility changed from 2010 until 2017 when he acted as the Regional Director of New Business Development in the territory covering Europe Mid-Sized Markets. Between 2004 and 2017 he was a member of the Global BD team responsible for L&A and M&A initiatives and projects in Infectious Diseases and Vaccines. During his tenure in this position, he led or participated in numerous global, regional and local L&A and M&A deals. For his contribution, he was rewarded with two Global Standards of Leadership Awards of Johnson & Johnson. Between 2013 and 2019 he also served as the President and Founding Member of Pharma Licensing Group Central and Eastern Europe and Vice-President of the European Pharma Licensing Board. Alexandr completed his Master’s degree in Chemistry at Charles University in Prague. He has received a Ph.D. (CSc.) degree in Biochemistry and worked as a Charles University teacher for almost 11 years at the Department of Biochemistry, Faculty of Science. Should you be interested in a collaboration in the field of drug development, Alexandr will be the right contact whom you can meet. He has been in the world of science and its commercialization for more than 20 years and has an extensive network of contacts among Pharma and Medical Device companies.