Neal G. Koller President & Chief Executive Officer
3724a Thomas Point Road Annapolis, Maryland 21403 USA Tel: +1 443 994 0101 Fax: +1 410 990 9817 nkoller@plurogen.com
PluroGen Therapeutics, Inc. 503 Broadleaf Way Charlottesville, Virginia 22911 USA Tel: +1 443 994 0101 Fax: +1 410 990 9817 www.plurogen.com
December 18, 2006
Dear Investor:
We hope everything is well and you are heading into a very happy holiday season.
Thank you for your investment and trust in PluroGen™. As a result of your commitment, we have been able to achieve the following significant milestones since the company’s incorporation at the end of January 2006.
Completed Business Plan, 1st round Offering Memorandum Package & 1st Amendment to the Offering
Completed Support Documentation for Business Plan & Offering Memorandum
Hired world class President & CEO, Neal Koller
Contracted world class VP Medical & Scientific Affairs, Glenn Warden, MD, MBA, FACS
o A globally Recognized Burn Surgeon & Medical Researcher
Assembled Industry Expert Commercial Advisory Board
Assembled World Class Scientific Advisory Board
Raised $1.45M
Contracted Global R&D /Regulatory /Clinical Trial Partner (& Investor) - Cato Research, Inc. (13 offices worldwide)
o Drafted Product Regulatory, Clinical & Manufacturing Plan o Completed 1st Meeting with FDA – October 5, 2006
- Confirmed strategy for fast-track Regulatory Path - FDA agreed PluroGen is ready for Phase III clinical trial for our 1st product
Launched Web Site
Located R&D Space & Began Search for Potential R&D Personnel
Hired Accounting Firm
Hired Law Firm
Hired Intellectual Property Firm
o Expansion of Patent Portfolio Underway
Initiated Discussions with Potential Commercial Partners
Signed agreement with Globally Recognized Contract Manufacturing Partner
o Manufacturing Scale & Compliance with FDA Requirements Underway
We have moved the company forward and achieved much in a very short period of time. Thank you for your support.
In a separate letter we will provide you with an update on fund raising. Should you have any questions or want to talk please let us know. Thank you again for your continued support. We will keep you posted on our progress in 2007.