Silicon Catalyst Announces EXOKERYX as the Newest Portfolio Company Admitted to the Incubator
Early-stage company developing diagnostic solutions to revolutionize early detection of cancer and other diseases
SAN DIEGO and SILICON VALLEY, Calif., Nov. 18, 2022 /PRNewswire/ -- Silicon Catalyst, the world's only incubator focused exclusively on accelerating semiconductor solutions, is pleased to announce that EXOKERYX has been accepted into the Silicon Catalyst Incubator program. With their admission into the Incubator, EXOKERYX will have direct access to the products and services of the Silicon Catalyst comprehensive ecosystem of In-Kind Partners and a wealth of industry expertise through the advisor and investor network.
EXOKERYX is revolutionizing tools for early disease detection and diagnosis by combining the power of solid-state electronics with exosome based biomarker discovery. Current diagnostic methods often catch cancer too late and result in therapy pathways that are as harmful as the disease itself. By combining principles from the semiconductor industry with breakthrough biotechnology EXOKERYX is seeking to transform how cancer and other diseases are detected and treated.
Exosomes are crucial to cellular communication within our bodies and hold one of the keys to early cancer and disease detection. Armed with this knowledge, EXOKERYX is developing a bio-chip platform for analyzing biological samples. This interdisciplinary approach will use the, all-digital EXOKERYX, lab-on-a-chip device to perform a liquid biopsy that isolates, quantifies and analyzes exosomes. The enhanced sample will subsequently be used for identifying biomarkers that direct the detection and treatment of cancer and other diseases. The company leverages its extensive experience in biological analysis and semiconductor technologies to create the converged approach which will provide fast, cost-effective detection that can be deployed on a global basis.
EXOKERYX CEO, Richard Young states: "We see a future where we can interrupt and stop disease progression in asymptomatic patients by finding it when they go to their annual physical. That vision fuels every member of our team. We have a clear path to provide an early-detection platform for a variety of cancers," said Richard Young. "We see Silicon Catalyst as a valuable partner that can help accelerate the dvelopment time and position the company for growth in the next two years."
EXOKERYX joined Silicon Catalyst to take advantage of the extensive array of resources provided by the Silicon Catalyst ecosystem to assist with the development, commercialization, and market traction. With a singular focus on semiconductor and sensor technologies, Silicon Catalyst has dedicated itself to accelerating emerging hardware technologies that require microfabrication.
"We have seen an influx of applications from startups developing novel bio and life science technologies. The mission of EXOKERYX to dramatically improve the techniques for early-stage cancer and serious disease detection is one that Silicon Catalyst is pleased to support with the full force of our resources," said Pete Rodriguez, CEO of Silicon Catalyst. "The impact of these capabilities offers the prospect to improve the lives of everyone on the planet, and we applaud the urgency the EXOKERYX team has demonstrated to commercialize the products for deployment in the battle against cancer."
EXOKERYX is based in San Diego, California, considered one of the world's top biotech centers. The founding team is multidisciplinary and broadly experienced in research, development, volume manufacturing, and compliance. Richard Young, CEO of EXOKERYX, has an extensive background in manufacturing, operations and finance and has worked in executive leadership for over 20 years. Bryan Rice Ph.D., CTO of EXOKERYX, has a broad semiconductor background, having started his career at Intel and then moved to Sematech, Global Foundries and several biotech companies. Amber Murray, Ph.D., leads the bio-assay product development and brings extensive experience in biotech product development at Exact Sciences and other biotech companies doing liquid biopsy and bio-analysis products. More information is available at: https://exokeryx.com/
About Silicon Catalyst
Silicon Catalyst is the world's only incubator focused exclusively on accelerating semiconductor solutions, built on a comprehensive coalition of in-kind and strategic partners to dramatically reduce the cost and complexity of development. More than 700 startup companies worldwide have engaged with Silicon Catalyst and the company has admitted 88 exciting companies. With a world-class network of mentors to advise startups, Silicon Catalyst is helping new semiconductor companies address the challenges in moving from idea to realization. The incubator/accelerator supplies startups with access to design tools, silicon devices, networking, and a path to funding, banking and marketing acumen to successfully launch and grow their companies' novel technology solutions. Over the past seven plus years, the Silicon Catalyst model has proven to dramatically accelerate a startup's trajectory while at the same time de-risking the equation for investors. Silicon Catalyst has been named the Semiconductor Review's 2021 Top-10 Solutions Company award winner. The Silicon Catalyst Angels was established in July 2019 as a separate organization to provide access to seed and Series A funding for Silicon Catalyst portfolio companies. More information is available at www.siliconcatalyst.com and www.siliconcatalystangels.com.
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SOURCE Silicon Catalyst
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