BIO BAZAARE-BAY FOR LIFE SCIENTISTS

The biobazaar will be the e-bay for life science tools

A MARKETPLACE FOR LIFE SCIENCE TOOLS

CHICKEN-EGG PROBLEM: CUSTOMERS - SUPPLIERS

MANUFACTURED PRODUCTS = 35 BN €/YEAR, 10% GROWTH

With the BioBazaartoday’s PAIN

The market is huge and there is no centralised marketplace that would allow a comparison of price and quality of the products. While antibody-online started to gather suppliers to resolve the chicken-egg problem of getting suppliers and customers on e-commerce platforms, we will use the strategy which made e-bay the biggest e-marketplace.

ATTRACTING CUSTOMERS: GENETIC MATERIAL

A FUNDAMENTAL TOOL WHICH CANNOT BE BOUGHT

SCIENTIFICPROGRESS

To attract scientists, we will help them deal with a fundamental tools they are using in their experiments: genetic material.

GROWING USING E-BAY STRATEGY

A NICHE MARKET: FRUIT FLY PEER TO PEER TRANSACTION

: 1 MIO €/Y , 4% GROWTH

today’s PAIN With the BioBazaar

We start with a small, niche market: Drosophila fruit fly exchange. Accessing transgenic flies is nowadays ineffective, a problem which is recognised by the community. Allowing P2P transaction, we will allow fast and automated fly sharing (we sell contact information, but do not deal with flies directly).

1: A FREE FLY STOCK MANAGER

HALFWAY AFTER 1 MONTH OF MARKETING

GOAL:

• 70 labs (i.e. 300 users)

• 25 000 fly lines in the network“Put your stock list online,

but keep it safe, keep it secret”

Our first move into this market was the production of a stock management software, where scientist can access their stock list online, while keeping it safe and secret. Our goal is to gather enough users to make fly sharing possible, getting a supply of about 25 000 fly lines.

MVP: WWW.DROSOSHARE.NET

59 USERS, 42 LABS AND 10974 FLY LINES AVAILABLE

Register lab and users Upload stock list Feedback solutions Legal notices

Short description Blog Stock list backup Video tour

Our MVP platform is online since october 2013, but we started marketing one month ago. We are now halfway toward our objective with 42 labs and about 11 000 fly lines in our network.

STEP2: GM EXCHANGE PLATFORM

order

Forwarding GM request to the right sharing partner

PER TRANSACTION FEE GROWING FROM A NICHE

= 1 mio € / year

= 3-6 mio € / year

5-10 MIO € / YEAR

= 0.5 - 2mio € / year = 0.5-1 mio € / year

others

The next step is to make fly exchange possible. Then we will apply the same tool for the other genetic material, getting users from different niche market on the platform. Each niche will get its design and unique url, while the websites will be compatible and based on the same backend.

GM SOURCES = COMPETITION AT STEP 2

FASTER, CHEAPER, AUTOMATED

Bio Bazaar colleague Stock centerSearch time *** * ****

Fulfillment time **** **** **Breadth of supply **** *** *

Information transfer **** * **Price 5-50 € free 17-700 €

Anonymity of buyer X X √Community trust *

(1st mover advantage) ** / *** ****

In comparison with existing solutions to obtain genetic material, the biobazaar will be much faster, slightly cheaper and automated

STEP3: EXPANSION TO COMMERCIAL SUPPLIERS

Unique marketplace for LST

COMMISSION ON SALES GROWING LIKE E-BAY

• large customer basis to offer

• customers used to buy on the bazaar

• further expansions possible

We will then be able to offer suppliers with a platform gathering a large proportion of their customers, which will be grouped into labs and used to buy services there.

TEAM

DR. JULIEN COLOMB CEO, GENETICIST

BERLIN

I.T. CROW

B. MULDOWN DEVELOPER

LEIPZIG

A. DOEBLER CTO

BERLINV. MLAKER DEVELOPER CALIFORNIA

ADVISORSFOUNDER

M. MENZEL: BOOKKEEPING

M. KOEHLER: LEGAL NOTICE

S. KROHN: BUS. INITIAL DVT

YOU: BUS. EXTENSION

The team is presently limited to Dr. Julien Colomb, the founder, a neuro-geneticist which knows the customers well; three web-developers worked on the MVP and we got different advisors for legal and bookkeeping issues.

FUND RAISING: 6 MONTHS BOOST

TO ENTER THE MARKET

WEB DEVELOPMENT 45 K€ RUNNING COSTS (CO-WORKING SPACE, TESTING MATERIAL,…) 4 K€ !

MARKETING 22 K€ MEETING PARTICIPATION 4 K€ !

TOTAL 75 000 €

We are now looking for an accelerator which would allow us to bring drososhare to profitability and help us to develop the business model.

CONTACTDROSOSHARE GMBH SCHILLERPROMENADE 4 12049 BERLIN !

INFO@DROSOSHARE.NET @DROSOSHARE 030 467 21 825

Feel free to contact us for more information.