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SciTech Development, LLC
281 Kercheval Avenue, Grosse Pointe Farms, MI 48236
Sinai Hospital BioIncubator, 2401 West Belvedere Ave., Baltimore, MD 21215
Earle Holsapple, President: (313) 263-4887
www.SciTechDevelopment.com
SciTech Development, LLC (“SCI”) is a clinical stage, biopharmaceutical company that has developed unique nano-
delivery systems (SciTech Drug Delivery Vehicle - SDV) to enable intravenous (IV) delivery of water-insoluble drugs.
One such challenged drug is fenretinide which has been shown in extensive clinical trials* to be a safe and effective
anticancer therapy with targeted cancer destroying activity. The combination of the new SDV and fenretinide has led to
SCI’s first drug product, ST-001 nanoFenretinide, that holds the promise of improving and saving many lives.
Problem/Solution: Fenretinide was clinically tested as a breast cancer prevention drug in more than 3,000 women
and was demonstrated to be safe after long periods of use. It subsequently evolved into a cancer therapeutic and was
shown to be safe and efficacious in treating several other cancers. Recent discovery of its immunotherapeutic effect, in
which a reactivated natural immune response compliments the previously understood safe, direct, chemotherapeutic
effect (two MOAs), results in a unique, genetically directed process of cancer cell destruction (apoptosis).
However, fenretinide is not currently approved as a cancer therapeutic due to the challenges of delivering adequate
doses to tumor cells. Unlike the earlier IV formulations of fenretinide, ST-001 nanoFenretinide is expected to safely
deliver greater concentrations of fenretinide, thereby prospectively achieving therapeutically effective doses without
the toxic side effects observed with other delivery systems. SCI’s immediate goal is to reconfirm fenretinide’s safety and
efficacy in its new formulation, opening the potential for use in numerous other cancers.
Technology: ST-001 nanoFenretinide utilizes the SCI drug delivery platform to overcome the drug delivery and
bioavailability problems of fenretinide associated with previous oral and IV drug delivery versions. ST-001
nanoFenretinide is a nanoparticle suspension for IV administration comprised of fenretinide in patented combination
with specifically selected phospholipids (inactive ingredients). The phospholipids were chosen because they have been
used extensively in humans and are recognized as safe for IV use by the FDA. Secondly, they were chosen because of
their unique chemical and physical properties, that when combined with those of fenretinide, yielded an integrated,
robust structure that contained much higher concentrations of fenretinide. The nature and relative proportions of all
the ingredients (composition of matter), that are assembled and manufactured in a very specific manner, is what defines
the unique qualities of ST-001 nanoFenretinide. By virtue of this, ST-001 nanoFenretinide delivers a 15-fold higher drug
to lipid ratio and a >6x formulation strength than conventional IV formulations. As a consequence, it is capable of safely
delivering the range of fenretinide doses required for therapeutic efficacy in a larger population of patients – a benefit
previously unattainable. SCI's delivery platform technology also provides for the delivery of other, similarly challenged
drugs by changing the nature of the phospholipids to “fit” the physical characteristics to match those of the target drug.
This is SCI’s second product derived from its SDV.
Addressable Market & Potential Strategic Partnering: The market opportunity for the initially targeted diseases, T-
cell lymphoma and small cell lung cancer (SCLC), is ~ $1 billion and will likely address a broader cancer market of $5
to $25 billion including other cancers where research has demonstrated they are likely to respond to fenretinide. The
initial diseases were chosen, not because of market size, but because prior clinical efficacy data suggests these
indications have the highest probability of responding to ST-001 nanoFenretinide and, thereby, result in quicker FDA
approval.
The Investment Opportunity: SCI is seeking a $3.5M Series A to be followed by an additional $12.5M Series B Round
of funding totaling $16MM. The Series A Round is to initiate and finance the early stages of the Phase I T-cell study. The
Series B Round is to expand operations and to complete the T-cell as well as to initiate and complete an SCLC study.
Intellectual Property (IP): SCI has patents issued in the US,** EU, Canada, Australia & New Zealand. These patents
cover composition of ST-001 nanoFenretinide, ST-001 nanoFenretinide drug combinations, and the delivery platform
planned for use in enabling other water-insoluble drugs. SciTech has recently filed a provisional patent application
titled "Use of Fenretinide Nanoparticles for Immunotherapeutic Cancer Treatment" (Application No. 62/769,822). SCI
also plans on filing additional patents generated from new discoveries made during clinical trials to expand its ST-001
nanoFenretinide IP runway.
The FDA Regulatory Strategy: SCI has a clear path to test ST-001 nanoFenretinide in humans. The FDA has recently
approved SciTech's IND. SCI's use of FDA Expedited Programs should enable an early drug product launch. FDA granted
ST-001 nanoFenretinide Orphan Drug Designation in December of 2017. Timothy Kuzel, MD, Division Head of
Hematology, Oncology and Cell Therapy, Rush University Medical Center, is the study’s Principal Investigator.
Alliances & Collaborations: The Company has also developed a topical version of nano-fenretinide for the treatment
of various pre-cancerous and cancer conditions of the skin in collaboration with Ferndale Pharma Group, Ferndale MI,
which this privately-held company has financed development to date. SciTech intends to engage additional strategic
partners to address other large-market and drug combination opportunities. Johnson & Johnson has confirmed its
interest in collaboratively developing ST-001 nanoFenretinide.
The Competition: Based upon multiple discussions with key opinion leaders, active researchers from government,
academic centers and corporate labs, and its internal studies, SciTech concludes that no competitive pharmacology
routinely demonstrates therapeutic efficacy of fenretinide in cancer patients absent side-effects.
Company Financing: SciTech has raised ~$6.0M to date from: National Cancer Institute (NCI) Small Business
Innovative Research grants; National Institutes of Health(NIH)/NCI indirect support including free access to data,
commercialization assistance and a supply of drug; excess cash flow from performing outside services; the sale of
convertible notes; and self-funding of expenses. The NCI will provide an additional ~$2.0M of drug gratis.
Management
Earle Holsapple: President & Co-Founder; Director, Center for Cancer Economics, Technology Assessment, Innovation &
Development (CETAID), Karmanos Cancer Institute (KCI), developed numerous new technologies for detecting or treating
cancer; CEO/COO of six profitable midsized corporations; raised significant capital for 4 startups.
Ralph Parchment, PhD: Inventor & Co-Founder; Pharmacologist; Managing Director, Laboratory Program and member of
the developmental therapeutics program leadership @ NCI; discovered ST-001 nanoFenretinide while a pharmacology core
leader of KCI.
Brian Leyland-Jones, MD, PhD: CMO & Scientific Advisory Board Member for the National Foundation for Cancer Research
(NFCR); Chief Scientific Officer of The Darwin Foundation; VP, Avera Cancer Institute Center for Precision Oncology & Dept.
of Molecular & Experimental Medicine, Avera Cancer Institute.
Michael Burns, PhD: Senior Vice-President, Product Development; President and COO, Ferndale Pharma Group, 40 years of
pharmaceutical industry experience including R&D, product development, sales & marketing, licensing and M & A.
Louis Scarmoutzos, PhD: VP Operations & Senior Scientist; consultant to the NIH and the National Science Foundation
Commercialization Assistance Programs, drug development leader.
Christine D. Copple, PhD: VP Strategy; serial bio-entrepreneur, founder of public companies: Microfluidics & Neuralstem.
Michael W. Young: Clinical & Commercial Consultant; Extensive product-specific marketing & operational experience;
Responsible for the launch of T-Cell therapies for CTCL, Targretin,® ONTAK® and Panretin.®
Andrew J. Stumpf, MBA: Acting Chief Financial Officer; Partner, Storm Lake Capital, auditor Ernst & Young.
Elizabeth Kraus, Esq: General Counsel; Attorney, Immix Law Group, CEO of a startup pharmaceutical cancer research tool
company, specializes in business and SEC law.
Ali Moin, MD: Division Manager; Topical Products.
Board of Advisors
John Doux, MD, MBA, Palo Alto Investors, Funded development of Valchlor® for Ceptaris (CTCL drug).
Gregory Kalemkerian, MD, Professor of Medicine, University of Michigan, small cell lung cancer specialist, experience
administering fenretinide to humans, Principal Investigator for SciTech’s Phase 1 SCLC clinical trial.
Timothy Kuzel, MD, FACP, Professor of Medicine & Chief, Division of Hematology/Oncology/Cell Therapy, Rush University.
Medical Center (Chicago), T-cell lymphoma specialist, Principal Investigator for SciTech’s Phase 1 T-cell lymphoma trial.
Brian Leyland-Jones, MD, PhD, Avera Cancer Institute, Chief Medical Officer & Scientific Advisory Board Member for the
National Foundation for Cancer Research (NFCR).
Kenneth Massey, PhD, Senior Director, Venture Development, Wayne State University, Former Director, Development
Operations & Senior Scientist, Pfizer.
Steve Munk, PhD, Deputy Director, The Biodesign Institute, ASU, previous CEO, Ash Stevens, Inc., oncology drug
manufacturing, Managed FDA manufacturing approval for notable oncology drugs: Velcade,®
Clolar®
& Vidaza.®
Investment Highlights
 De-risked cancer therapy built on widely studied therapeutic agent.
 Initial, addressable markets of nearly $1 billion, plus much broader cancer market.
 Modest projected capex requirements to commercialize and short time to market of 2 to 3 years.
 Lower patient costs with short outpatient infusion vs. inpatient multi-day infusions.
 More affordable than immunotherapy.
 Limited competition identified, wide application with other cancers, combination therapy likely.
* See Clinical Cancer Research Ann M. Mohrbacher , et.al. 4/18/17; ** Expires February 6, 2030, subject of a 1045-day (2.9 yrs.) extension; References, data
and budgets covered herein are available on request
Disclaimer - This document does not constitute an offer of securities. Such an offer may only be made by means of a confidential offering or private placement memorandum. The information contained in this
summary is not complete and is only intended to provide prospective investors with a basic understanding of the Company and its prospects. Further, there are substantial risks associated with the Company’s ability
to achieve its prospects, including, without limitation, changes in applicable laws, rules, and regulations, risks associated with the economic environment, the financing markets, and risks associated with the
Company’s ability to execute on its business plan. Note that the information contained herein constitutes forward-looking statements, which involve risks and uncertainties.

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SciTech Development Executive Summary

  • 1. SciTech Development, LLC 281 Kercheval Avenue, Grosse Pointe Farms, MI 48236 Sinai Hospital BioIncubator, 2401 West Belvedere Ave., Baltimore, MD 21215 Earle Holsapple, President: (313) 263-4887 www.SciTechDevelopment.com SciTech Development, LLC (“SCI”) is a clinical stage, biopharmaceutical company that has developed unique nano- delivery systems (SciTech Drug Delivery Vehicle - SDV) to enable intravenous (IV) delivery of water-insoluble drugs. One such challenged drug is fenretinide which has been shown in extensive clinical trials* to be a safe and effective anticancer therapy with targeted cancer destroying activity. The combination of the new SDV and fenretinide has led to SCI’s first drug product, ST-001 nanoFenretinide, that holds the promise of improving and saving many lives. Problem/Solution: Fenretinide was clinically tested as a breast cancer prevention drug in more than 3,000 women and was demonstrated to be safe after long periods of use. It subsequently evolved into a cancer therapeutic and was shown to be safe and efficacious in treating several other cancers. Recent discovery of its immunotherapeutic effect, in which a reactivated natural immune response compliments the previously understood safe, direct, chemotherapeutic effect (two MOAs), results in a unique, genetically directed process of cancer cell destruction (apoptosis). However, fenretinide is not currently approved as a cancer therapeutic due to the challenges of delivering adequate doses to tumor cells. Unlike the earlier IV formulations of fenretinide, ST-001 nanoFenretinide is expected to safely deliver greater concentrations of fenretinide, thereby prospectively achieving therapeutically effective doses without the toxic side effects observed with other delivery systems. SCI’s immediate goal is to reconfirm fenretinide’s safety and efficacy in its new formulation, opening the potential for use in numerous other cancers. Technology: ST-001 nanoFenretinide utilizes the SCI drug delivery platform to overcome the drug delivery and bioavailability problems of fenretinide associated with previous oral and IV drug delivery versions. ST-001 nanoFenretinide is a nanoparticle suspension for IV administration comprised of fenretinide in patented combination with specifically selected phospholipids (inactive ingredients). The phospholipids were chosen because they have been used extensively in humans and are recognized as safe for IV use by the FDA. Secondly, they were chosen because of their unique chemical and physical properties, that when combined with those of fenretinide, yielded an integrated, robust structure that contained much higher concentrations of fenretinide. The nature and relative proportions of all the ingredients (composition of matter), that are assembled and manufactured in a very specific manner, is what defines the unique qualities of ST-001 nanoFenretinide. By virtue of this, ST-001 nanoFenretinide delivers a 15-fold higher drug to lipid ratio and a >6x formulation strength than conventional IV formulations. As a consequence, it is capable of safely delivering the range of fenretinide doses required for therapeutic efficacy in a larger population of patients – a benefit previously unattainable. SCI's delivery platform technology also provides for the delivery of other, similarly challenged drugs by changing the nature of the phospholipids to “fit” the physical characteristics to match those of the target drug. This is SCI’s second product derived from its SDV. Addressable Market & Potential Strategic Partnering: The market opportunity for the initially targeted diseases, T- cell lymphoma and small cell lung cancer (SCLC), is ~ $1 billion and will likely address a broader cancer market of $5 to $25 billion including other cancers where research has demonstrated they are likely to respond to fenretinide. The initial diseases were chosen, not because of market size, but because prior clinical efficacy data suggests these indications have the highest probability of responding to ST-001 nanoFenretinide and, thereby, result in quicker FDA approval. The Investment Opportunity: SCI is seeking a $3.5M Series A to be followed by an additional $12.5M Series B Round of funding totaling $16MM. The Series A Round is to initiate and finance the early stages of the Phase I T-cell study. The Series B Round is to expand operations and to complete the T-cell as well as to initiate and complete an SCLC study. Intellectual Property (IP): SCI has patents issued in the US,** EU, Canada, Australia & New Zealand. These patents cover composition of ST-001 nanoFenretinide, ST-001 nanoFenretinide drug combinations, and the delivery platform planned for use in enabling other water-insoluble drugs. SciTech has recently filed a provisional patent application titled "Use of Fenretinide Nanoparticles for Immunotherapeutic Cancer Treatment" (Application No. 62/769,822). SCI also plans on filing additional patents generated from new discoveries made during clinical trials to expand its ST-001 nanoFenretinide IP runway. The FDA Regulatory Strategy: SCI has a clear path to test ST-001 nanoFenretinide in humans. The FDA has recently approved SciTech's IND. SCI's use of FDA Expedited Programs should enable an early drug product launch. FDA granted ST-001 nanoFenretinide Orphan Drug Designation in December of 2017. Timothy Kuzel, MD, Division Head of Hematology, Oncology and Cell Therapy, Rush University Medical Center, is the study’s Principal Investigator.
  • 2. Alliances & Collaborations: The Company has also developed a topical version of nano-fenretinide for the treatment of various pre-cancerous and cancer conditions of the skin in collaboration with Ferndale Pharma Group, Ferndale MI, which this privately-held company has financed development to date. SciTech intends to engage additional strategic partners to address other large-market and drug combination opportunities. Johnson & Johnson has confirmed its interest in collaboratively developing ST-001 nanoFenretinide. The Competition: Based upon multiple discussions with key opinion leaders, active researchers from government, academic centers and corporate labs, and its internal studies, SciTech concludes that no competitive pharmacology routinely demonstrates therapeutic efficacy of fenretinide in cancer patients absent side-effects. Company Financing: SciTech has raised ~$6.0M to date from: National Cancer Institute (NCI) Small Business Innovative Research grants; National Institutes of Health(NIH)/NCI indirect support including free access to data, commercialization assistance and a supply of drug; excess cash flow from performing outside services; the sale of convertible notes; and self-funding of expenses. The NCI will provide an additional ~$2.0M of drug gratis. Management Earle Holsapple: President & Co-Founder; Director, Center for Cancer Economics, Technology Assessment, Innovation & Development (CETAID), Karmanos Cancer Institute (KCI), developed numerous new technologies for detecting or treating cancer; CEO/COO of six profitable midsized corporations; raised significant capital for 4 startups. Ralph Parchment, PhD: Inventor & Co-Founder; Pharmacologist; Managing Director, Laboratory Program and member of the developmental therapeutics program leadership @ NCI; discovered ST-001 nanoFenretinide while a pharmacology core leader of KCI. Brian Leyland-Jones, MD, PhD: CMO & Scientific Advisory Board Member for the National Foundation for Cancer Research (NFCR); Chief Scientific Officer of The Darwin Foundation; VP, Avera Cancer Institute Center for Precision Oncology & Dept. of Molecular & Experimental Medicine, Avera Cancer Institute. Michael Burns, PhD: Senior Vice-President, Product Development; President and COO, Ferndale Pharma Group, 40 years of pharmaceutical industry experience including R&D, product development, sales & marketing, licensing and M & A. Louis Scarmoutzos, PhD: VP Operations & Senior Scientist; consultant to the NIH and the National Science Foundation Commercialization Assistance Programs, drug development leader. Christine D. Copple, PhD: VP Strategy; serial bio-entrepreneur, founder of public companies: Microfluidics & Neuralstem. Michael W. Young: Clinical & Commercial Consultant; Extensive product-specific marketing & operational experience; Responsible for the launch of T-Cell therapies for CTCL, Targretin,® ONTAK® and Panretin.® Andrew J. Stumpf, MBA: Acting Chief Financial Officer; Partner, Storm Lake Capital, auditor Ernst & Young. Elizabeth Kraus, Esq: General Counsel; Attorney, Immix Law Group, CEO of a startup pharmaceutical cancer research tool company, specializes in business and SEC law. Ali Moin, MD: Division Manager; Topical Products. Board of Advisors John Doux, MD, MBA, Palo Alto Investors, Funded development of Valchlor® for Ceptaris (CTCL drug). Gregory Kalemkerian, MD, Professor of Medicine, University of Michigan, small cell lung cancer specialist, experience administering fenretinide to humans, Principal Investigator for SciTech’s Phase 1 SCLC clinical trial. Timothy Kuzel, MD, FACP, Professor of Medicine & Chief, Division of Hematology/Oncology/Cell Therapy, Rush University. Medical Center (Chicago), T-cell lymphoma specialist, Principal Investigator for SciTech’s Phase 1 T-cell lymphoma trial. Brian Leyland-Jones, MD, PhD, Avera Cancer Institute, Chief Medical Officer & Scientific Advisory Board Member for the National Foundation for Cancer Research (NFCR). Kenneth Massey, PhD, Senior Director, Venture Development, Wayne State University, Former Director, Development Operations & Senior Scientist, Pfizer. Steve Munk, PhD, Deputy Director, The Biodesign Institute, ASU, previous CEO, Ash Stevens, Inc., oncology drug manufacturing, Managed FDA manufacturing approval for notable oncology drugs: Velcade,® Clolar® & Vidaza.® Investment Highlights  De-risked cancer therapy built on widely studied therapeutic agent.  Initial, addressable markets of nearly $1 billion, plus much broader cancer market.  Modest projected capex requirements to commercialize and short time to market of 2 to 3 years.  Lower patient costs with short outpatient infusion vs. inpatient multi-day infusions.  More affordable than immunotherapy.  Limited competition identified, wide application with other cancers, combination therapy likely. * See Clinical Cancer Research Ann M. Mohrbacher , et.al. 4/18/17; ** Expires February 6, 2030, subject of a 1045-day (2.9 yrs.) extension; References, data and budgets covered herein are available on request Disclaimer - This document does not constitute an offer of securities. Such an offer may only be made by means of a confidential offering or private placement memorandum. The information contained in this summary is not complete and is only intended to provide prospective investors with a basic understanding of the Company and its prospects. Further, there are substantial risks associated with the Company’s ability to achieve its prospects, including, without limitation, changes in applicable laws, rules, and regulations, risks associated with the economic environment, the financing markets, and risks associated with the Company’s ability to execute on its business plan. Note that the information contained herein constitutes forward-looking statements, which involve risks and uncertainties.