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Innovotech Inc.




               Annual General Meeting



                                       20 April 2010
                                   Edmonton, Alberta
www.innovotech.ca                        © Innovotech, 2009
Innovotech Inc.

                         AGENDA
   Welcome
   Formal Administrative Business
   Adjournment of AGM
   Business Update
   Q&A




www.innovotech.ca                           © Innovotech, 2009
Innovotech Inc.



          Formal Administrative Business




www.innovotech.ca                       © Innovotech, 2009
Innovotech Inc.

 Election of Directors:
    Dr Lorne Babiuk
    Mr Kerry Brown
    Mr Bruce D. Hirsche Q.C.
    Dr Wolfgang H. Muhs
    Mr John Pinsent
    Dr Gerard Tertzakian
    Dr James Timourian


www.innovotech.ca                      © Innovotech, 2009
Innovotech Business Update
2009 – Moving to Market

              Objectives & Performance in 2009



www.innovotech.ca                                © Innovotech, 2009
2009 Financial Results

                          2009               2008
Revenue                     $1,453,924           $1,164,035
Gross Margin                     $813,629           $695,409
Overhead Costs                   $984,178           $909,588
R&D Expenditures                 $809,326           $708,007
EBIT                       ($1,136,783)          ($983,261)
Accumulated Deficit        ($3,618,938)        ($2,491,735)
Shares Outstanding (wa)     23,985,784           21,907,352
Cash Reserves (Dec 31)      $1,375,559           $2,120,859
www.innovotech.ca                              © Innovotech, 2009
bioFILM PA - Objectives

bioFILM PA goals for 2009:
 Revenue
 Expand through commercial partner



Path:
 Canada: Maintain current plan
 USA: “Research Use Only” through Partner
 Convert to dry panel
www.innovotech.ca                            © Innovotech, 2009
bioFILM PA -Stakeholders


      Alberta Health                  Laboratory
          Payer                          User




                         IOT




        Patients                       Doctors
        Recipient                   Decision-maker

www.innovotech.ca                        © Innovotech, 2009
bioFILM - Market potential

Market - bioFILM PA:       Canada   US         World
 Cystic Fibrosis          $2.4M    $24M       $50M
 Ventilator Associated Pneumonia   $35M       $70M
 Other (burns, wounds)                        tbd

Market – bioFILM SA:     Canada     US         World
 Catheters
 Dialysis
 Other (CF, VAP)
      Total                                    >$150M
www.innovotech.ca                            © Innovotech, 2009
bioFILM PA – 2010 Objectives

 Revenue in Canada
    Published paper
    Health economic evaluation
 Enter other markets
    US through private diagnostic laboratory
    Israel
 SA development
    Low cost and quick development
    Augments PA disease use (CF and VAP)

www.innovotech.ca                               © Innovotech, 2009
Agress – Objectives

Agress goals for 2009:
 Regulatory approval for pulses
 Commercial agreement



Path:
 Maintain current Co interest
 Potential reg filing for Fire Blight
 Develop AUS R&D
 Launch in N America for pulses post-09
www.innovotech.ca                              © Innovotech, 2009
Agress – PMRA (Canada)

Current situation:               New submission:
 Innovotech denied waiver        Determine EPA stance
  claims                          Use Syngenta regulatory
 Asked to re-submit with          team
  expedited review for            Evaluate current consultants
  approved components             8 crops, 25 diseases, 2 use
 Fees partially refunded          patterns
 4 crops, 13 diseases, 1 use
  pattern

www.innovotech.ca                                    © Innovotech, 2009
Agress – Syngenta partnership

 Agress to be used as “anti-bacterial” component of many
  products
 Syngenta press release on partnership
 Post-trade show orders of 1.5kg of Agress
 Syngenta (US) interest in Pithium data in corn




www.innovotech.ca                                    © Innovotech, 2009
Agress – 2010 Objectives

 Expand product claims
    Crop, Disease and Use pattern
    Incorporate Syngenta trials
 Remove regulatory hurdles
    Meet with agencies
    Draw on external scientific expertise
 Maintain flexibility with other companies



www.innovotech.ca                                  © Innovotech, 2009
Silver Periodate opportunity

   Unique properties
   Patentable discovery
   Interest of medical device and agriculture companies
   Assembly of internal team




www.innovotech.ca                                          © Innovotech, 2009
2010 – Objectives

Our goals for 2010:
 bioFILM PA™          Revenue
                       Enter US market
 Agress               Expand claims
                       Remove regulatory hurdles
 R&D                  Product candidate from Silver periodate
                       Develop bioFILM SA
                       Photo-dynamic approval as sanitizer
 Contract Research    Revenue growth
www.innovotech.ca                                     © Innovotech, 2009
Contact Information




                    Ken Boutilier, President
                    Innovotech Inc.
                    ken.boutilier@innovotech.ca
                    Ph: 780-448-0585 ext 221
                    Fax: 780-424-0941



www.innovotech.ca                                   © Innovotech, 2009
www.innovotech.ca   © Innovotech, 2009
2008 Summary - Agress™

                                         Factors:
    Seed & Foliar                         Treatment is based on
      All crops                          disease pressure
       World                              Crop guarantees by
       $20B+        Seed Treatment,      sellers increases
                    All crops            treatments
                    North America         A suitable antibacterial
                    $120M                is lacking
                                          Formulations are as
                       Seed Treatment,   important as “actives”
                       Pulse crops        Agress will be in a
                       North America     combination with other
                       $3-5M             agents



www.innovotech.ca                                     © Innovotech, 2009
Agress – Market Potential
              Markets
                          100%               Canola
                                                                                   Vegetables/               Fruit Trees/
                                                                                   Horticulture                Bushes
Treatment Intensity (%)




                          80%              Corn
                          Pulses
                          60%
                                Soybeans
                          40%
                                 Cereals                                                          Agress is price
                          20%                                                                     competitive in all
                                                                                                  markets!
                           0%
      -$500                                $500       $1,500             $2,500       $3,500             $4,500
                                                               Value/Acre ($/ac)

www.innovotech.ca                                                                                       © Innovotech, 2009

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Innovotech Annual General Meeting Presentation 2010

  • 1. Innovotech Inc. Annual General Meeting 20 April 2010 Edmonton, Alberta www.innovotech.ca © Innovotech, 2009
  • 2. Innovotech Inc. AGENDA  Welcome  Formal Administrative Business  Adjournment of AGM  Business Update  Q&A www.innovotech.ca © Innovotech, 2009
  • 3. Innovotech Inc. Formal Administrative Business www.innovotech.ca © Innovotech, 2009
  • 4. Innovotech Inc. Election of Directors:  Dr Lorne Babiuk  Mr Kerry Brown  Mr Bruce D. Hirsche Q.C.  Dr Wolfgang H. Muhs  Mr John Pinsent  Dr Gerard Tertzakian  Dr James Timourian www.innovotech.ca © Innovotech, 2009
  • 6. 2009 – Moving to Market Objectives & Performance in 2009 www.innovotech.ca © Innovotech, 2009
  • 7. 2009 Financial Results 2009 2008 Revenue $1,453,924 $1,164,035 Gross Margin $813,629 $695,409 Overhead Costs $984,178 $909,588 R&D Expenditures $809,326 $708,007 EBIT ($1,136,783) ($983,261) Accumulated Deficit ($3,618,938) ($2,491,735) Shares Outstanding (wa) 23,985,784 21,907,352 Cash Reserves (Dec 31) $1,375,559 $2,120,859 www.innovotech.ca © Innovotech, 2009
  • 8. bioFILM PA - Objectives bioFILM PA goals for 2009:  Revenue  Expand through commercial partner Path:  Canada: Maintain current plan  USA: “Research Use Only” through Partner  Convert to dry panel www.innovotech.ca © Innovotech, 2009
  • 9. bioFILM PA -Stakeholders Alberta Health Laboratory Payer User IOT Patients Doctors Recipient Decision-maker www.innovotech.ca © Innovotech, 2009
  • 10. bioFILM - Market potential Market - bioFILM PA: Canada US World  Cystic Fibrosis $2.4M $24M $50M  Ventilator Associated Pneumonia $35M $70M  Other (burns, wounds) tbd Market – bioFILM SA: Canada US World  Catheters  Dialysis  Other (CF, VAP) Total >$150M www.innovotech.ca © Innovotech, 2009
  • 11. bioFILM PA – 2010 Objectives  Revenue in Canada  Published paper  Health economic evaluation  Enter other markets  US through private diagnostic laboratory  Israel  SA development  Low cost and quick development  Augments PA disease use (CF and VAP) www.innovotech.ca © Innovotech, 2009
  • 12. Agress – Objectives Agress goals for 2009:  Regulatory approval for pulses  Commercial agreement Path:  Maintain current Co interest  Potential reg filing for Fire Blight  Develop AUS R&D  Launch in N America for pulses post-09 www.innovotech.ca © Innovotech, 2009
  • 13. Agress – PMRA (Canada) Current situation: New submission:  Innovotech denied waiver  Determine EPA stance claims  Use Syngenta regulatory  Asked to re-submit with team expedited review for  Evaluate current consultants approved components  8 crops, 25 diseases, 2 use  Fees partially refunded patterns  4 crops, 13 diseases, 1 use pattern www.innovotech.ca © Innovotech, 2009
  • 14. Agress – Syngenta partnership  Agress to be used as “anti-bacterial” component of many products  Syngenta press release on partnership  Post-trade show orders of 1.5kg of Agress  Syngenta (US) interest in Pithium data in corn www.innovotech.ca © Innovotech, 2009
  • 15. Agress – 2010 Objectives  Expand product claims  Crop, Disease and Use pattern  Incorporate Syngenta trials  Remove regulatory hurdles  Meet with agencies  Draw on external scientific expertise  Maintain flexibility with other companies www.innovotech.ca © Innovotech, 2009
  • 16. Silver Periodate opportunity  Unique properties  Patentable discovery  Interest of medical device and agriculture companies  Assembly of internal team www.innovotech.ca © Innovotech, 2009
  • 17. 2010 – Objectives Our goals for 2010:  bioFILM PA™  Revenue  Enter US market  Agress  Expand claims  Remove regulatory hurdles  R&D  Product candidate from Silver periodate  Develop bioFILM SA  Photo-dynamic approval as sanitizer  Contract Research  Revenue growth www.innovotech.ca © Innovotech, 2009
  • 18. Contact Information Ken Boutilier, President Innovotech Inc. ken.boutilier@innovotech.ca Ph: 780-448-0585 ext 221 Fax: 780-424-0941 www.innovotech.ca © Innovotech, 2009
  • 19. www.innovotech.ca © Innovotech, 2009
  • 20. 2008 Summary - Agress™ Factors: Seed & Foliar  Treatment is based on All crops disease pressure World  Crop guarantees by $20B+ Seed Treatment, sellers increases All crops treatments North America  A suitable antibacterial $120M is lacking  Formulations are as Seed Treatment, important as “actives” Pulse crops  Agress will be in a North America combination with other $3-5M agents www.innovotech.ca © Innovotech, 2009
  • 21. Agress – Market Potential Markets 100% Canola Vegetables/ Fruit Trees/ Horticulture Bushes Treatment Intensity (%) 80% Corn Pulses 60% Soybeans 40% Cereals Agress is price 20% competitive in all markets! 0% -$500 $500 $1,500 $2,500 $3,500 $4,500 Value/Acre ($/ac) www.innovotech.ca © Innovotech, 2009