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Elizabeth Iorns, Ph.D.
 Co-Founder & CEO
What is Science Exchange?

Science Exchange is a marketplace for
scientists to list, discover, and access
scientific services from any institution in
the world.

 COMPANY VITALS                                    COMPANY METRICS
 Inception: May 2011                               +800 experiment types
 Headquar ters: Palo Alto, CA                      +1,000 providers
 Investors: Andreessen Horowitz, angel investors   +250,000 visits
What is Science Exchange?

Science Exchange provides open access
to specialized research infrastructure and
exper tise at top research institutions
Currently >1,000 providers from >200 US research institutions



                                                     Sample
                                                     facilities
How Science Exchange works

!  
 1 Search for an experiment type.
    !
      Search for a scientific service, by experiment type.
      Over 800 different services currently listed.
How Science Exchange works

!  
 2 Choose a service provider.
   !
      Compare service offerings from more than 1000 core facilities.
      Pricing information and ability to filter by location is provided
How Science Exchange works

!  
 3 Submit a service request.
    !
      Request an estimate from your chosen facility.
How Science Exchange works

!  
 4 Accept a service quote.
   !
      Get notified of service offerings via email, and our online system.
      Accept an estimate from your chosen provider.
How Science Exchange works

!  
 5 Communicate with your provider.
   !
      Receive updates, ask questions, exchange data.
      Easy payment via Science Exchange, an approved vendor within
      university purchasing systems.
OUNT
                   E AC C o m
           UR FRE hange .c
     T E YO c e e x c
CREA //scien
AT http:
So what does this have to
 do with Open Science?
Some key goals of Open Science

➡ Transparency
➡ Access
➡ Efficiency
➡ Reproducibility
Some key goals of Open Science

➡ Transparency      ✔
➡ Access            ✔
➡ Efficiency         ✔
➡ Reproducibility   ✔
Some key goals of Open Science

➡ Transparency      ✔
➡ Access            ✔
➡ Efficiency         ✔
➡ Reproducibility   ✔
Transparency
Prices vary dramatically for the same service
Average difference of 74% from highest-priced to lowest-priced
provider on Science Exchange:

➡ DNA Sequencing: prices range from $3 per sample to
  >$12 per sample
➡ Mass spectrometr y: $50 per sample to $350 per sample
➡ Microarray analysis: $180 per sample to $700 per sample
➡ Bioinformatics analysis: prices range from $60 per hr to
  $150 per hour
Transparency

                              $500   $1,00   $1,50   $2,00   $2,50   $3,00   $3,50   $4,00
                                       0       0       0       0       0       0       0


SNP Array for GWAS

NGS library generation

NGS paired end HiSeq 2000

Sanger DNA sequencing

Illumina microarray

Affymetrix microarray

Bioinformatics

IHC of tissue sections

Transgenic mouse production
Transparency

                  “BY USING SCIENCE EXCHANGE WE
               WERE ABLE TO SAVE HALF THE COST ON THIS
                   PARTICULAR TYPE OF EXPERIMENT”
Some key goals of Open Science

➡ Transparency      ✔
➡ Access            ✔
➡ Efficiency         ✔
➡ Reproducibility   ✔
Access
Access
 You can outsource pretty much any type of
 experiment:

production of viruses for
transduction experiments                                                                acquisition of tissue
                                                                                        for studies on clinical
generation of stable cell lines                                                         samples
                                                                                        generation of transgenic mice
protein
 production
    conduction of animal studies
                                                                                        including xenograft studies
 behavioral studies and neurological studies


                           etc                                      etc                         etc...
Some key goals of Open Science

➡ Transparency      ✔
➡ Access            ✔
➡ Efficiency         ✔
➡ Reproducibility   ✔
Efficiency

For most experiments there are true specialists
who are better and cheaper than other options
(e.g. DIY)
Efficiency
                         Bill fo
                        PCR pr DIY TA c
                                     roduc               loning
                                                ts                 of
                     TOPO
                     rxn)... TA clonin
                                ..........            g
                                            .......... kit (20




                                                                              $31
                   PCR (                               .......$4
                              100 rx                             60
                                           n)......
                  Ligase                              ........$
                              (30 rx                            78



                                                                        vs.
                                          n)......
                Comp                                 ........$
                                                               99
               rxn)... etent cells
                          ..........           (10
                                      ..........
             Minip                               .......$2
                         rep ki                              17
             rxn)...
                        .......... t (50

                                                                              per rxn
                                   ..........
          Restri                              .........$
                      ction                                84
         (100u
                    l)....... enzyme
                              ..........
        Agaro                             ..........

      Ethid
     etc, et
                   se gel
                 ium b
                              (50g).
                                          .......$2
                                                     $53
                                                       65
                                                                              outsourced
                c.... romide etc,
                                                  etc,
    Total
              cost...
                         ..........
  Total                             ..$1,00
             cost (p                             0’s
                         er rxn
 ..........                          )
            ..........
                       ..........
                                  ......$ 5
                                                5
Efficiency
Science Exchange was established to improve the
efficiency of scientific research
We believe scientific specialization is essential for efficiency:

➡ no single scientist can master all techniques or purchase all
  equipment

➡ no single university can provide all core facilities



                    = a marketplace for core facilities
Efficiency
Science Exchange promotes open access to expert
providers
Improves collaboration with experts at core facilities  CROs:
➡ No requirement to purchase duplicate equipment
➡ No need to learn highly specialized one-off techniques

Provides one central, efficient solution:
➡ Ensures researchers know where to go
➡ Tracks usage  efficiency of research spending as an important
  metric
Some key goals of Open Science

➡ Transparency      ✔
➡ Access            ✔
➡ Efficiency         ✔
➡ Reproducibility   ✔
Reproducibility
Quality of academic research is under scrutiny:
➡ ~80% of academic studies1,2,3 reported not reproducible
➡ 10x increase in retracted publications over past decade

Implications for quality:
➡ Lack of academic reproducibility results in lack of new therapies
➡ Bayer halted 65% of target validation projects in 2011
➡ Drug development estimated at ~$4B per NME
1. Drug development: Raise standards for preclinical cancer research. Begley CG, Ellis LM. Nature. 2012; 483(7391):531-3.
2. Reliability of 'new drug target' claims called into question. Mullard A. Nat Rev Drug Discov. 2011; 10(9):643-4.
3. Claims of sex differences: an empirical assessment in genetic associations. Patsopoulos NA, Tatsioni A, Ioannidis JP. JAMA. 2007; 298(8):880-93.
Reproducibility solution
Use specialists to enhance the quality of research
Distribute research among multiple sites
➡ prevents single investigator bias

Replicate key data at independent sites
➡ reward high quality reproducible research

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Access Specialized Research via Science Exchange Marketplace

  • 1. Elizabeth Iorns, Ph.D. Co-Founder & CEO
  • 2. What is Science Exchange? Science Exchange is a marketplace for scientists to list, discover, and access scientific services from any institution in the world. COMPANY VITALS COMPANY METRICS Inception: May 2011 +800 experiment types Headquar ters: Palo Alto, CA +1,000 providers Investors: Andreessen Horowitz, angel investors +250,000 visits
  • 3. What is Science Exchange? Science Exchange provides open access to specialized research infrastructure and exper tise at top research institutions Currently >1,000 providers from >200 US research institutions Sample facilities
  • 4. How Science Exchange works !   1 Search for an experiment type. ! Search for a scientific service, by experiment type. Over 800 different services currently listed.
  • 5. How Science Exchange works !   2 Choose a service provider. ! Compare service offerings from more than 1000 core facilities. Pricing information and ability to filter by location is provided
  • 6. How Science Exchange works !   3 Submit a service request. ! Request an estimate from your chosen facility.
  • 7. How Science Exchange works !   4 Accept a service quote. ! Get notified of service offerings via email, and our online system. Accept an estimate from your chosen provider.
  • 8. How Science Exchange works !   5 Communicate with your provider. ! Receive updates, ask questions, exchange data. Easy payment via Science Exchange, an approved vendor within university purchasing systems.
  • 9. OUNT E AC C o m UR FRE hange .c T E YO c e e x c CREA //scien AT http:
  • 10. So what does this have to do with Open Science?
  • 11. Some key goals of Open Science ➡ Transparency ➡ Access ➡ Efficiency ➡ Reproducibility
  • 12. Some key goals of Open Science ➡ Transparency ✔ ➡ Access ✔ ➡ Efficiency ✔ ➡ Reproducibility ✔
  • 13. Some key goals of Open Science ➡ Transparency ✔ ➡ Access ✔ ➡ Efficiency ✔ ➡ Reproducibility ✔
  • 14. Transparency Prices vary dramatically for the same service Average difference of 74% from highest-priced to lowest-priced provider on Science Exchange: ➡ DNA Sequencing: prices range from $3 per sample to >$12 per sample ➡ Mass spectrometr y: $50 per sample to $350 per sample ➡ Microarray analysis: $180 per sample to $700 per sample ➡ Bioinformatics analysis: prices range from $60 per hr to $150 per hour
  • 15. Transparency $500 $1,00 $1,50 $2,00 $2,50 $3,00 $3,50 $4,00 0 0 0 0 0 0 0 SNP Array for GWAS NGS library generation NGS paired end HiSeq 2000 Sanger DNA sequencing Illumina microarray Affymetrix microarray Bioinformatics IHC of tissue sections Transgenic mouse production
  • 16. Transparency “BY USING SCIENCE EXCHANGE WE WERE ABLE TO SAVE HALF THE COST ON THIS PARTICULAR TYPE OF EXPERIMENT”
  • 17. Some key goals of Open Science ➡ Transparency ✔ ➡ Access ✔ ➡ Efficiency ✔ ➡ Reproducibility ✔
  • 19. Access You can outsource pretty much any type of experiment: production of viruses for transduction experiments acquisition of tissue for studies on clinical generation of stable cell lines samples generation of transgenic mice protein
  • 21.   conduction of animal studies including xenograft studies behavioral studies and neurological studies etc etc etc...
  • 22. Some key goals of Open Science ➡ Transparency ✔ ➡ Access ✔ ➡ Efficiency ✔ ➡ Reproducibility ✔
  • 23. Efficiency For most experiments there are true specialists who are better and cheaper than other options (e.g. DIY)
  • 24. Efficiency Bill fo PCR pr DIY TA c roduc loning ts of TOPO rxn)... TA clonin .......... g .......... kit (20 $31 PCR ( .......$4 100 rx 60 n)...... Ligase ........$ (30 rx 78 vs. n)...... Comp ........$ 99 rxn)... etent cells .......... (10 .......... Minip .......$2 rep ki 17 rxn)... .......... t (50 per rxn .......... Restri .........$ ction 84 (100u l)....... enzyme .......... Agaro .......... Ethid etc, et se gel ium b (50g). .......$2 $53 65 outsourced c.... romide etc, etc, Total cost... .......... Total ..$1,00 cost (p 0’s er rxn .......... ) .......... .......... ......$ 5 5
  • 25. Efficiency Science Exchange was established to improve the efficiency of scientific research We believe scientific specialization is essential for efficiency: ➡ no single scientist can master all techniques or purchase all equipment ➡ no single university can provide all core facilities = a marketplace for core facilities
  • 26. Efficiency Science Exchange promotes open access to expert providers Improves collaboration with experts at core facilities CROs: ➡ No requirement to purchase duplicate equipment ➡ No need to learn highly specialized one-off techniques Provides one central, efficient solution: ➡ Ensures researchers know where to go ➡ Tracks usage efficiency of research spending as an important metric
  • 27. Some key goals of Open Science ➡ Transparency ✔ ➡ Access ✔ ➡ Efficiency ✔ ➡ Reproducibility ✔
  • 28. Reproducibility Quality of academic research is under scrutiny: ➡ ~80% of academic studies1,2,3 reported not reproducible ➡ 10x increase in retracted publications over past decade Implications for quality: ➡ Lack of academic reproducibility results in lack of new therapies ➡ Bayer halted 65% of target validation projects in 2011 ➡ Drug development estimated at ~$4B per NME 1. Drug development: Raise standards for preclinical cancer research. Begley CG, Ellis LM. Nature. 2012; 483(7391):531-3. 2. Reliability of 'new drug target' claims called into question. Mullard A. Nat Rev Drug Discov. 2011; 10(9):643-4. 3. Claims of sex differences: an empirical assessment in genetic associations. Patsopoulos NA, Tatsioni A, Ioannidis JP. JAMA. 2007; 298(8):880-93.
  • 29. Reproducibility solution Use specialists to enhance the quality of research Distribute research among multiple sites ➡ prevents single investigator bias Replicate key data at independent sites ➡ reward high quality reproducible research
  • 30. What does Science Exchange mean for your research? ➡ Increased speed ➡ Decreased cost ➡ Better quality
  • 31. elizabeth@scienceexchange.com Twitter @elizabethiorns

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