Transforming drug manufacturing.

rBIO has developed a proprietary bacteria-based peptide manufacturing process that increases production output and improves the economics of essential peptide drugs.

The company is focused first on insulin, with a licensing-first model for qualified regional and strategic partners.

rBIO in a nutshell:

  • Peptide manufacturing platform

  • Proprietary process that increases output

  • Licensing model for regional and global partners

  • Experienced leadership and investor-aligned commercialization plan

rBIO CEO Dr. Deen Bakthavatsalam explains the company’s insulin manufacturing process and licensing model, which aims to improve the economics of essential peptide drugs.

Business model

The company has developed a proprietary manufacturing process that increases output, lowers the cost of peptide production, and creates a repeatable licensing model for multiple peptides.

The problem we address:

Complex manufacturing drives high prices

Insulin remains a large, essential drug category, but manufacturing complexity continues to drive cost, margin pressure and supply vulnerability.

For manufacturers and regional partners, a more efficient insulin production process improves commercial economics while supporting broader access.

Investor relevance

  1. Large essential-drug market

  2. Persistent manufacturing inefficiency

  3. Supply pressure as major manufacturers shift focus

  4. Need for qualified regional production capacity

  5. Potential for licensing-driven scale

What rBIO has built

  • Proprietary insulin manufacturing process that doubles the rate of insulin production compared with current industry production techniques.

  • Process IP and technical know-how

  • Bacteria-based production approach

  • Scale-up path from 20L pilot work to 1,000L production

  • Licensing model for qualified manufacturing partners

Our secret sauce

Current industry production

IP platform

Proprietary manufacturing process

Technical differentiation

What makes rBIO different

rBIO uses a proprietary bacterial production process that manufactures insulin more efficiently than conventional approaches.

The platform simplifies production economics and gives qualified partners a transferable process for regional insulin manufacturing.

Differentiation points

  • Proprietary process know-how

  • Designed for higher output

  • Built for scale-up and licensing

  • Expandable to additional peptide drugs over time

Differentiator What it means Investor relevance
Bacteria-based production system rBIO uses a bacterial production process for insulin manufacturing rather than more complex conventional production methods. Simplifies production economics and supports higher-output manufacturing.
Proprietary process know-how rBIO’s value is centered on process design, manufacturing learning, scale-up methods and transfer-ready operating knowledge. Creates a defensible operating advantage before patent language is finalized or publicly disclosed.
Increased output rBIO’s process increases insulin production output compared with current industry production methods. Higher output improves manufacturing economics, licensee economics and long-term platform value.
Scale-up path rBIO has advanced from early process work toward a 1,000L scale-up milestone. Creates a clear technical milestone on the path to process-ready licensing.
Licensing-ready model rBIO’s process supports qualified manufacturing partners that can commercialize insulin in priority markets. Enables a capital-efficient commercialization model without requiring rBIO to build and own every manufacturing asset.
Peptide platform expansion Insulin is the first application, with expansion potential across additional peptide drugs. Extends the platform story beyond the first insulin licensing opportunity.

World-class team

rBIO brings together scientific, operational, financial and investor experience around a licensing-first commercialization strategy.

Dr. Deen Bakthavatsalam
CEO / Co-founder

As a founder and CEO, Deen brings more than two decades of experience building and commercializing biotechnology innovations, from product development and biomanufacturing to strategic partnerships and company growth.

His focus is on translating breakthrough science into scalable businesses that expand global access to affordable peptide therapeutics.

Stuart Douglass
Executive Chairman

Stu is a seasoned investor and company builder with multiple successful exits in the life sciences industry.

He provides strategic guidance, governance experience, and a long-term vision for building shareholder value.

Shawn Swaney
CFO

Shawn brings deep financial expertise, supporting multiple high-growth startups with financial strategy, fundraising, and investor relations.

His disciplined approach to capital planning ensures we have the resources to execute our milestones while maintaining financial strength.

Dr. Judith Shizuru
Board Member

Dr. Judy Shizuru is a physician at Stanford University, founder of Jasper Therapeutics, and an accomplished biotech entrepreneur and investor who has helped raise over $75 million.

Her expertise in company building, fundraising, and investor engagement will be instrumental as rBIO prepares for its next financing round.

Cameron Owen
Co-founder

Cam is the founder of rBIO and combines entrepreneurial vision with exceptional business development and deal-making skills.

His ability to build strategic partnerships and execute commercial opportunities is a key strength of our team.

Market

Large licensing opportunity, insulin-first entry point

The company licenses insulin first, expands by geography and partner category, then extends the platform to additional peptide drugs.

A LOI is in place for the first licensing deal of insulin.

Global licensing market: $250 billion*

Competitive position

Where rBIO fits

rBIO sits at the intersection of insulin focus, licensing model, manufacturing know-how and future peptide expansion.

Unlike broad service providers or generalized peptide-platform startups, rBIO’s initial advantage is focused on insulin manufacturing economics and licensing-ready process transfer.

Company Type Insulin Focus Licensing Model Know-how Multiple Peptides
rBIO
Contract Research Organization
Other Startups
High
Emerging
Low

Customer and licensee targets

rBIO’s licensing model serves organizations that commercialize, manufacture, distribute or scale insulin and other peptide drugs in priority markets.

The initial target universe includes biosimilar players, traditional pharma companies and CDMOs with clear manufacturing, licensing or margin-pressure reasons to evaluate rBIO’s platform.

rBIO evaluates potential licensee categories based on their fit with the company’s insulin-first licensing model, including insulin focus, licensing receptivity, need for rBIO’s process know-how and margin pressure.

Customer Type for rBIO Insulin Fit Licensing Fit Need for rBIO Know-how Margin-Pressure Fit
Biosimilar Players Civica Rx, Cost Plus Strong fit Strong fit Lower fit Strong fit
Traditional Pharma Lilly, Novo Nordisk, Sanofi Strong fit Lower fit Moderate fit Moderate fit
Contract Manufacturing / CDMO KPI Pharma, Cytovance, AGC Biologics Lower fit Strong fit Strong fit Strong fit

Marketing strategy and moat

Beachhead strategy

rBIO prioritizes markets where insulin demand, partner access, manufacturing need and licensing potential create a practical commercialization path.

The company’s beachhead analysis evaluates target markets based on partner availability, market access, sales fit, research support, and existing relationships.

Market Product Partner Availability Market Access Sales Fit Research Support Relationship Strength
Mexico Regular insulin Moderate fit Moderate fit Strong fit Strong fit Strong fit
U.S. Regular insulin and detemir Moderate fit Moderate fit Strong fit Strong fit Moderate fit
Middle East Regular insulin Lower fit Moderate fit Strong fit Strong fit Moderate fit
Spain Regular insulin Moderate fit Moderate fit Moderate fit Strong fit Moderate fit
LatAm / EU Insulin glargine Lower fit Moderate fit Moderate fit Strong fit Lower fit
LatAm / EU Insulin lispro and aspart Lower fit Moderate fit Moderate fit Strong fit Lower fit

Partner categories include manufacturers, distributors and fill-finish owners.

Go-to-market strategy

Licensing drug manufacturers

rBIO commercializes through licensing rather than building and owning every manufacturing asset from the start.

The company works with qualified manufacturers, regional partners, CDMOs, distributors, and strategic pharma organizations.

Near-term go-to-market channels

  • Licensing conversations with drug manufacturers

  • Press release and investor communications

  • Conference presentations

  • Professional referrals

  • Patient advocacy relationships

  • Strategic partner introductions

Sustainable barriers

Why rBIO’s position is defensible

rBIO’s competitive advantage comes from process know-how, time advantage, and platform expansion.

Barriers to entry

  • 3-year head start

  • Proprietary process and know-how

  • Insulin-first focus

  • Licensing model

  • Expansion across multiple peptides

  • Existing partner and licensee conversations

Financials

Capital supports a defined path to licensing revenue

rBIO’s financing strategy moves the company from process scale-up to commercial readiness and licensing revenue.

The current funding plan supports four priorities:

  1. Complete commercial-scale process development

  2. Prepare the process for licensing

  3. Build the licensee pipeline

  4. Expand the platform across additional markets and peptide drugs

Funding path

From commercial scale-up to licensing revenue

The current financing plan combines a seed round with a planned Series A.

The seed round moves rBIO through commercial-scale development and process readiness. The Series A supports licensee acquisition, broader commercialization and strategic growth.

Stage Primary objective
Seed round Complete commercial-scale process development and prepare the platform for licensing.
Commercial readiness Establish a repeatable manufacturing process for partner transfer.
Licensing revenue Secure regional licensees and generate licensing revenue.
Series A Expand the licensee base, enter additional markets and advance strategic growth.

Use of seed funds

Focused investment in scale-up and commercialization

The $5.5 million seed round allocates capital across three workstreams:

  • Scale-up: $3.0 million

  • Business development and licensing: $2.0 million

  • Operations and team: $0.5 million

The largest allocation advances the manufacturing process to commercial scale. Business-development funding builds the licensee pipeline and supports market entry. Operating capital funds the team and infrastructure required for execution.

Use of funds Allocation Purpose
Scale-up 55% Complete commercial-scale process development and production readiness.
Business development and licensing 36% Build the licensee pipeline, advance partner discussions and support market entry.
Operations and team 9% Fund the personnel and operating infrastructure required for execution.

Customer economics

Licensing creates attractive customer economics

rBIO’s first-customer model projects a lifetime value of $30 million against a customer-acquisition investment of $3.5 million.

This produces an estimated LTV/CAC ratio of 8.6x.

The model reflects the value of a long-term licensing relationship relative to the technical, commercial and relationship-development investment required to secure a licensee.

Metric Current model
Customer lifetime value $30M
Customer acquisition cost $3.5M
LTV/CAC 8.6x

Financial model

Licensing revenue drives operating scale

The current financial model projects:

  • Revenue beginning in Q5

  • Operating profit turning positive in Q7

  • Net cash turning positive in Q15

  • Increasing revenue and operating profit as licensing activity expands

The model reflects a licensing-first commercialization strategy with limited owned manufacturing infrastructure.

Summary table

Financial milestone Current projection
Revenue begins Q5
Operating profit turns positive Q7
Net cash turns positive Q15
Minimum projected net cash Approximately $(5.8)M

Risk mitigation and strategic value

rBIO’s licensing-first model addresses the core technical, capital and commercialization risks associated with scaling a new biomanufacturing process.

The company advances through defined technical milestones, milestone-based funding and targeted licensing relationships. This approach builds commercial validation while creating strategic value for organizations seeking insulin and peptide-manufacturing capabilities.

Exit strategy

Strategic value for established industry participants

rBIO’s exit strategy centers on organizations seeking peptide-manufacturing capability, more efficient insulin production, expanded U.S. or regional manufacturing infrastructure, and access to a proprietary licensing platform.

The company’s licensing model creates multiple strategic paths, including acquisition, platform partnership and regional commercialization agreements.

Strategic Category Industry Need rBIO Strategic Value
Biologics CDMOs Expanded peptide-manufacturing capability Adds an insulin-focused process and licensing platform.
Pharma Services Companies Broader manufacturing infrastructure and technical services Adds proprietary insulin-production know-how and process-transfer capability.
Strategic Pharma Companies Improved manufacturing economics and supply flexibility Supports lower-cost insulin production and regional licensing.
Biosimilar Manufacturers Insulin-production capability and margin improvement Provides access to a higher-output manufacturing process.
Regional Manufacturing Partners Local production and market access Creates a country- or region-specific licensing path.

Risk mitigation

Defined risks. Defined responses.

rBIO addresses the principal risks investors evaluate in an early-stage biomanufacturing company: process scale-up, CMC readiness, capital requirements, and licensee adoption.

Risk Current Position Mitigation
Process Scale-up 20L pilot work completed Advance the process through 1,000L optimization over an approximately nine-month scale-up program.
CMC Readiness Exploratory animal testing completed successfully Complete the process-development and manufacturing package required for partner transfer and commercialization.
Capital Licensing-first commercialization model Deploy capital against defined technical and commercial milestones rather than building and owning every manufacturing asset.
Licensee Adoption Targeted regional licensee strategy and licensing interest Focus on markets and partners with clear insulin demand, manufacturing infrastructure and margin pressure.
Commercial Execution Experienced scientific, financial and governance team Coordinate technical scale-up, licensing development and investor strategy through an integrated commercialization plan.

Three things to remember

Investment thesis summary

01

Manufacturing inefficiency drives drug costs

Insulin remains essential, but manufacturing complexity creates persistent cost, margin and supply pressure.

02

rBIO’s process doubles output

rBIO’s proprietary process doubles the rate of insulin production compared with current industry production.

03

Higher output improves manufacturing economics

Increased output lowers production cost, strengthens licensee economics and supports broader access to insulin.

Investor FAQ

Key information about rBIO’s technology, licensing model, market strategy, development stage, and funding plan.

Investor relations

rBIO welcomes inquiries from accredited investors, institutional investors and strategic funding partners. Please provide your information below, and a member of the rBIO team will follow up.