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IGY Immune Technologies and Life Sciences Inc 
Executive Summary                                                                                         
                                                                                                                 
Nutraceuticals Today – Pharmaceuticals Tomorrow 
                                                                                                                                                  January 7th
, 2016 
 
I.  Overview: 
 
IGY Immune Technologies and Life Science Inc.’s (“IGY‐LS” or the “Company”) patented platform technology solves the issue of 
extracting IgY antibodies from egg yolk at a fraction of the cost of current methods. These antibodies have numerous applications, 
including basic nutraceuticals, supplements for nutraceuticals and animal feed, pharmaceuticals, and solutions for bioterrorism and 
pandemic preparedness.  IGY‐LS’s key differentiator lies in being the only cost‐effective commercial process that allows the 
extraction of broad spectrum high purity IgY from egg yolks, while preserving the remaining egg for further consumption in the food 
industry. 
 
The Company expects to build a $70 million base nutraceutical business over five years, and also enter several higher value specialty 
nutraceutical, veterinarian and pharmaceutical markets, with combined sales potential well over a billion dollars. The Company is 
seeking to raise capital of $5 – 7 million, which is expected to yield attractive returns to investors. 
 
 
II.  Product and Technology 
  
For over 30 years, IgY has been available in two forms with the difference being in product purity. The first format is comprised of 
high purity, specialized antibodies for lab use only, with a cost of $1,500 per dose (one dose = 25 milligrams).  The second format 
includes low‐grade powdered whole‐egg products (between 2‐4% purity), that have been available commercially in multiple forms 
such as spray dried powder, or inserted as a functional food ingredient into yogurt, toothpaste, etc.  The lower‐grade product costs 
approximately $0.65 per dose and has issues with taste, added cholesterol, shelf life and the high amounts required to gain an 
efficacious dose.  
 
IGY‐LS’s technology allows it to extract JUST the IgY in a range of purities from 25‐95%, and cost about $.10 per dose, with the 
possibility of reducing this further as the Company continues to refine its manufacturing process. The Company has one issued 
process patent in the US, and is currently embarked on filing another global patent. In addition, the Company protects its intellectual 
property through trade secrets. The Company’s products are orders of magnitude more potent for the same price as its competitors, 
and further improvements to yield are planned. In addition, the products are free of all residual egg yolk, leaving the unused portion 
of yolk available to be resold to the food industry. 
 
Others have published and patented the fact that various vaccines can be combined with IgY antibodies and developed for specific 
diseases. Currently the Company manufactures and sells IgY antibodies in various forms. However, the Company is in discussion with 
various entities to develop particular vaccines, which can be injected into egg laying hens, so that the resulting antibodies would be 
efficacious against specific pathogens and diseases (see later). From a cost stand‐point, while a single dose of a man‐made 
monoclonal antibody costs $150+ per dose, IGY‐LS expects to produce antibodies for $0.10 per dose, allowing room for substantial 
margins. This opens the door to a wide range of applications at much lower costs than monoclonal antibodies, and only available to 
IGY‐LS by virtue of its particular manufacturing expertise. 
 
 
 
 
 
 
 
 
 
2
Matrix highlighting comparative attributes  
 
  Monoclonal Antibodies  High Purity IgY  Powdered Egg IgY  Company’s IgY 
Purity  99.8%  99.8%  4% maximum  Up to 95% 
Performance 
Limited applications  Only for lab use  Very-limited 
Wide range of
applications 
Injectable Not for Human Use Not Injectable Not Injectable
Stability / Shelf-life  Medium duration/cold
storage 
Stable in small
quantities  
Short-shelf life – up to
one-year 
In excess of 10-years 
Scalability Not scalable for large
applications 
Not scalable  Not scalable due to lack
of yolk recovery 
Highly scalable 
Cost Effective Least  No  Somewhat   Highly 
Est. cost per dose $150+  $1,500  $0.65 @ 4% conc.  $0.10 @ 50% conc. 
Pharma. R&D costs Extremely High Not Feasible Not Feasible Low
Pharma. Time lines 10-years plus Not Feasible Not Feasible Less than 5-years
 
 
 
 
III.  Market Information:   
 
Size   
Nutraceutical supplements and Energy Drinks have continued to grow at double digit rates. Energy drinks have outpaced carbonates 
with sales at $6.67B in the U.S. with an additional $4.47B in supplements. And the Sports supplement market is trending from the 
gym to the grocery aisle. According to IRI, a market research firm, eight in ten Americans plan to save on medical costs by trying to 
stay healthy. 72% are using supplements to meet this challenge.  Finally, while 50% of Americans are concerned about their immune 
system in general, less than 5% of the population is consistently using an immune supplement as they are concerned about efficacy. 
Health Supplements grew by 7% in the past year, and are now over $12.8 billion. 
 
Pharmaceutical sales for the top 25 global companies are in excess of $500 Billion. Challenges for the industry include patent 
infringements, the cost of drug development and the growing demand for new antibiotics.  IGY LS can answer the call to all three 
issues. Its extraction process is protected by patents and trade secrets. And since IgY antibodies have GRAS status (Generally 
Regarded as Safe), the Company can develop pharmaceuticals with reduced clinical trial costs. Lastly, antibiotic resistance is quickly 
becoming a significant health concern of the World Health Organization and Governments around the world. Producing IgY 
antibodies towards bacterial pathogens is discussed in the literature, but so far cost effectiveness of the process has created a 
barrier to their introduction. 
  
Indirect Competitors (Powdered Eggs):  
 Human Health: IGYNUTRITION (5% powdered egg). 
 Animal Health: EW Nutrition (5% powdered egg IGY) 
 
 
IV.  Sales & Marketing of Existing Products 
  
Retail Brands 
In 2012, the Company launched its first two commercial products, Vector450 and IgY Immune.  Vector450 and IgY Immune are the 
same product, marketed to two specialized end users: Vector450 is for athletes to aid in recovery and performance issues, while IgY 
Immune is focused on the healthcare practitioner market and is positioned as an immune system supplement.  
 
After generating annual sales of less‐than $100,000 per year in 2012‐2013, IGY LS signed a $4 million contract with PhD Nutrition for 
distribution of Vector450 into over 700 US retail locations. To allow the contract to proceed, the company has to complete a double‐
blind clinical study which is expected to result in new product claims, at which point PhD Nutrition is expected to more than triple 
their initial commitment, and further sales are expected to develop from other customers. 
 
3
Business‐to‐Business Ingredient Sales and Joint Ventures 
Simultaneous to the above activity, the Company has promoted the core ingredient of its product to be formulated into the products 
of other manufacturers in order to provide enhanced immune properties. The product is branded as Muno‐IgY, and has attracted 
the attention of such companies as Blue Pacific Flavors, Herb‐a Life, Metagenics and another large corporation. The arrangements 
include both direct sales as well as joint venture approaches, such that the Company can obtain a bigger slice of the pie while 
offering sales channel exclusivity. Several such projects are in discussion or underway. 
 
In total, retail brands and ingredient sales (namely the existing products) are expected to grow to global sales of $70 million dollars 
in the next five‐years. 
   
 
V.  Current R&D and Future Development of Specialty Nutraceuticals and Pharmaceuticals 
 
As mentioned earlier, going to the next level requires that IgY is extracted from hens that have been vaccinated against specific 
diseases. Confidentiality agreements have been signed with a number of nutraceutical and Big Pharma companies. These companies 
operate in the human health, pet health and agriculture sectors, and have large global presences.  Current product development 
strategies forecast new products based on IgY antibodies to enter the market as early as 18 months, and the main projects under 
development are outlined below. 
 
R&D for Base Business 
a) IP expansion: Three additional patents to be acquired and/or executed: $150K 
b) Athlete Study (Winter 2016): $150K – to be completed by spring. 
c) Blue Pacific Flavors J.V. to develop new energy drink: $100K – to be completed by spring 2016 
d) IgY Gut Health with Fraunhofer and a Pharma company– $150K to produce additional product claims. 
 
R&D for new Specialty Nutraceuticals and Pharmaceuticals 
These projects include both specialty nutraceutical and pharmaceutical products, and in some cases the products span both 
categories. The initial efforts are shown below, and the Company expects to work on those projects that can be partnered and 
funded by the large corporate or Big Pharma companies who have already demonstrated interest in obtaining access to an IgY 
platform. 
 
e) Corporate 2: STF:  $250K –eighteen month project. 
f) ImmunoDerm Y: begins as a blended ingredient to gain market penetration, and then works toward an OTC class 
pharma. 
g) Universal Influenza IgY – The application is being developed jointly with the U.S. NIH. 
h) Anti‐Periodontal IgY ‐ starts in the pet care industry for dogs, and moves into the pharma industry for humans. 
i) Anti‐H. Pylori – enters the market as a functional food ingredient, and continues to be developed into a pharma 
product. 
 
Influenza 5,000$ 35.00$ 3 years 500$ NIH
H.Pylori 9,500$ 0.35$ 18 months 500$ Corp. 1 24,000$ 25.00$ 3 years 1,400$ TBD
Acne 4,000$ 0.40$ 2 years 250$ Pharma 1 8,000$ 20.00$ 4 years 500$ Pharma 1
Periodontal 500$ 0.35$ 18 months 80$ Pharma 2 2,500$ 35.00$ 4 years 750$ Pharma 2
C. Perfringens 3,000$ 0.25$ 18 months 40$ Corp. 2
Totals 17,000$ 1.35$ 870$ 39,500$ 115.00$ 3,150$
Long Term
Annual
Sales $ M
Partner
Specialty Nutraceuticals Pharma Products
Market
Size
Millions
Development
Cost Millions
Long Term
Annual Sales
$ M
Partner
Development
Timeline
Development
Time Line
Market Size
Millions
Development
Cost Millions
 
 
The first five target areas have sales potential in the multi‐billion dollars level, subject to the Company successfully partnering these 
opportunities and receiving sufficient funding. Three of those projects commence as specialty nutraceuticals, and could develop into 
pharmaceuticals, allowing sales in both regulatory categories.  Development timelines for the pharma products are expected to be 
4
shorter than normal as IgY is a GRAS (Generally Regarded as Safe) regulated product, reducing or eliminating the need for extensive 
toxicology testing. For instance, in influenza, all mouse model testing is complete in the proof‐of‐concept study. The next step is to 
refine the Universal Influenza vaccine for the commercial poultry industry and move the IgY tests into a ferret model. From there the 
Company can proceed directly into a Phase II clinical trial. The US National Institute of Health is expected to support the 
development of this product as it moves toward FDA completion. The other projects are being discussed with various 
pharmaceutical companies (their identities can be revealed under NDA), all of whom approached IGY‐LS to express their interest in 
working together. 
 
 
VI.  Management Bios / Resumes and Track Records  
 
Backgrounds of Top Personnel: 
 CEO: Terry Dyck – Studied both Science and humanities at University of Manitoba. Then spent twenty‐years building a 
multimillion dollar financial services business and sold it. Purchased the predecessor company, now re‐branded as IGY‐LS.    
 Interim CSO: John Mason – Both a scientist and a C.A ‐ the creator of our extraction technology. 
 Manufacturing Consultant:  David Mason ‐ Industry expert in protein extraction; has designed and sold protein extraction 
models worth many millions of dollars to fortune 500 companies. 
 VP Sales: Trevor Dyck ‐ Been in sales and real estate development for fifteen‐years; has built the Company’s sales from the 
ground up.  
 Director of Marketing: Jit Mistry ‐ His eye for creativity has been applied to create the corporate websites, marketing 
materials and corporate logos; previously built and sold a hedge‐fund business. 
 Operations: Jeff Stubbings ‐ Adept at both procedures and processes, making him perfect for developing GMP guidelines; 
also manages Ontario’s Registry Business.  
 
Science Team & Collaborators:  
 Dr. Huan Nguyen – Principal Investigator at the International Vaccine Institute and a world expert in vaccine development in 
the areas of pandemic preparedness, emerging diseases and influenza.  
 Dr. Paul Kilgore – Epidemiologist at Wayne State University with global expertise in tropical and infectious disease; is part of 
the Universal Influenza IgY development project. 
 Christopher Olkrug, PhD – Recognized expert at McMaster University in Oncology pharma development; focused on gut 
health, leading a team of scientists on three separate IgY targets. 
 Dr. Doug Korver – Lead Poultry Researcher at the Poultry Research Institute, University of Alberta; lead developer for the 
C.Perfringens program. 
 Dr. Paul Hodgson, Associate Director, Business Development – VIDO InterVac 
 Dr. Anthony Iacopino ‐ Dean of the School of Dentistry, University of Manitoba; leads a team of four scientists developing 
periodontal IgY strategies for both pet and human applications.  
 
Key Hires: 
 Dr. Huan Nguyen – will bring two patents with him and begin work on IgY‐Influenza and Ebola. 
 Kevin Sommervile – has a decade of sales expertise in the field of IgY and a large client list. 
 Plant Manager and Operators for the Airdrie manufacturing plant 
 Representatives for sales of the products of the base business. 
 Connie Luthy, PhD.  ‐ Principal Investigator & Product  Development Specialist ‐ Vector450 clinical trial 
 
 
VII.  Risks:   
  
The egg industry will need to be a key player as the Company develops.  Currently three large egg breaking companies are interested 
in supplying eggs to the Company, and as IGY‐LS grows, other suppliers will have to brought on. 
 
Another risk is in the resale of egg yolk, or what is referred to as High Ratio Yolk. While High Ratio Yolk has many upside properties, 
at some point there will be a need to sell it as plain yolk. Current market regulations do not allow this since water has been 
introduced to the yolk, though later removed. An amendment to the industry guidelines would be necessary for the Company to sell 
into plain yolk markets, a change that would likely be supported by the industry. 
5
 
 
VIII.  Financial Forecast and Capital Required   
 
Forecast for Base Business Only (excluding Specialty Nutraceuticals and Pharmaceuticals) 
Year  2016  2017  2018  2019  2020 
Revenue  1.1  17.9  40.2  57.7  72.7 
Expenses  3.8  17.0  30.3  46.9  56.1 
EBITDA  (2.7)  0.8  9.9  10.7  16.5 
 
Capital Required and Use of Funds  
 
Licensing	and	Product	Development	 $1,000,000	
Key	Hires	(9)	 $700,000	
Operations	and	Logistics	 $500,000	
Working	Capital		 $750,000	
Infrastructure	(Airdrie	Equipment	Purchase)	 $1,400,000	
Sales	and	Marketing	 $900,000	
Total	 $5,250,000	
 
 
 
Share Structure 
Shares Outstanding – 16.7 million; Fully Diluted – 21.2 million (no options issued as yet) 
Last round financed at ‐ $1.00 
Pre‐money Valuation – The Company seeks an increase from the last round 
Investment type ‐ Class B common shares or other instrument  
 
 
IX.  Conclusions: 
 
IGY‐LS possesses a superior, patented technology for the manufacture of IgY antibodies from hen eggs. The Company is poised to 
build a $70 million base nutraceutical business from its existing products, and also has the opportunity to expand into specialty 
nutraceuticals and pharmaceuticals with multi‐billion dollar sales potential. 

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