Hexima Ltd · ASX:HXL

Hexima — Shareholder Meeting (November 2008)

40 slides from Hexima's shareholder meeting presentation, Nov 25, 2008

  1. Slide 1: Annual General Meeting

    Annual General Meeting Tuesday 25th November 2008, 11:00am RACV Club 483-501 Bourke Street Melbourne, Victoria

  2. Slide 2: Forward Looking Statements

    Forward Looking Statements Certain statements in this presentation relate to the future, including forward looking statements relating to Hexima’s future expectations, beliefs, goals, plans, prospects, financial position and strategy. These forward looking statements involve known and unknown risks,

  3. Slide 3: Annual General Meeting - CEO

    Annual General Meeting 25th November 2008 Mr Joshua Hofheimer Chief Executive Officer

  4. Slide 4: The Role for Hexima in the Agribusiness Growth Story

    The Role for Hexima in the Agribusiness Growth Story • Continued demand for food, feed, fuel and fibre • Increasing agricultural productivity requires innovative technology • Hexima collaborates with global leader DuPont 4 Hexima Limited ©

  5. Slide 5: Grain Stocks Remain at Record Lows

    Grain Stocks Remain at Record Lows 35% 115 days inventory 30% 25% 20% Stocks to Use (%) 15% 62 days inventory 10% 5% 0% 5 Source: USDA, ABN Amro Morgans Hexima Limited ©

  6. Slide 6: China & India – Share of Global Consumption

    China & India – Share of Global Consumption India + China = 37% global population Kilograms of grain needed to produce 1 kilogram of beef 6-7 KG 1 KG 6 Source: OECD/FAO Hexima Limited ©

  7. Slide 7: Solving Global Supply Constraints: Growth Opportunities for Agricultural Productivity

    Solving Global Supply Constraints: Where are the Growth Opportunities for Agricultural Productivity? Conventional Transgenic Conventional Land Fertiliser Processing Technology 7 Hexima Limited ©

  8. Slide 8: Huge Growth Opportunity: GM Crops Make Up Just 8% of World Crops

    Huge Growth Opportunity: GM Crops Make Up Just 8% of the World’s 1.5 Billion Hectares of Crops $US billion Source: ISAAA 8 * Hans Kast, BASF Hexima Limited ©

  9. Slide 9: Hexima is Well Funded and Able to Capitalise on Its Technology

    Hexima is Well Funded and Able to Capitalise on Its Technology Hexima’s Technology Financial Strength • Diverse portfolio of technologies • Hexima Limited IPO August ‘07 • Fungal Resistance • A$40million • Insect Resistance • ~4 years cash remaining • Protein Delivery (MGEV) • Clear strategy of ensu

  10. Slide 10: Options for Commercialising Technology

    Options for Commercialising Technology Full Collaboration Maintain Independence High High Royalty Rates DuPont/ Hexima Resources at Risk ($, people) Size denotes Industry Model relative return Low Royalty Rates Internal & External Competition Early Stage Technology Sale Low Time to Revenue 10 Hexima

  11. Slide 11: How Does the DuPont Agreement Deliver Value?

    How Does the DuPont Agreement Deliver Value? ¥ Hexima is DuPont’s exclusive anti-fungal protein disease partner ¥ Hexima controls development in crops other than corn and soy ¥ Access to enabling technology ¥ Co-investment option to double returns “Both the stature of the deal partner and the charac

  12. Slide 12: Value Creation and Capture is Clear

    Value Creation and Capture is Clear Yield Improvement Hexima’s royalty is directly linked to the measurable benefits to farmers, NOT the price charged by DuPont Chemical Displacement Value of Trait Farmer’s Insurance to Farmer Share Trait Price Seed Provider Technology Provider Disease related yield

  13. Slide 13: Value Emerges Before Revenue: Development Process

    Value Emerges Before Revenue: Development Process 13 Hexima Limited ©

  14. Slide 14: Proteinase Inhibitors, MGEV & Pipeline: Maximise Value

    Proteinase Inhibitors, MGEV & Pipeline: Maximise Value by Balancing Resources, Risk and Time to Return Full Collaboration Maintain Independence High High Royalty Rates DuPont/ Hexima Resources at Risk ($, people) Size denotes relative return Low Time to Revenue 14 Hexima Limited ©

  15. Slide 15: Financial Highlights

    Financial Highlights CASH BALANCE $33.8 million (at 30 Sept 08) DEBT Zero ANNUAL SPEND $7-8 million projected investment p.a. Financial Results 2008 ($000) 2007 ($000) Revenue 1,156 542 Operating expenditure (6,597) (3,466) Net operating expenditure plus (3,030) (2,883) interest income 15 Hexima Lim

  16. Slide 16: Summary

    Summary ¥ Agricultural productivity requires technology ¥ Hexima: Hitting our milestones ¥ Execution of valuable commercialisation deal – a validation of Hexima’s technology ¥ Strong balance sheet 16 Hexima Limited ©

  17. Slide 17: Discovery and Strategy

    Annual General Meeting 25th November 2008 Professor Marilyn Anderson Senior Vice President Research and Discovery “Discovery and Strategy”

  18. Slide 18: La Trobe University Biochemistry

    La Trobe University Biochemistry 18 Hexima Limited ©

  19. Slide 19: Discovery

    Discovery Insecticidal molecules •Proteinase inhibitors •Cyclotides Antifungal molecules •Defensins MGEV 19 Hexima Limited ©

  20. Slide 20: School of Molecular Sciences

    School of Molecular Sciences Mass Spectrometry & Proteomics Facility 20 Hexima Limited ©

  21. Slide 21: NMR Spectroscopy

    NMR Spectroscopy Prof. David Craik – University of Queensland 21 Hexima Limited ©

  22. Slide 22: Defensins – Ancient Immunity Proteins

    Defensins – Ancient Immunity Proteins C N N N C C NaD1 Def A HBD-1 Plant Insect Mammalian 22 Hexima Limited ©

  23. Slide 23: Defensins Kill Fusarium oxysporum-Fusarium wilt

    Defensins Kill Fusarium oxysporum-Fusarium wilt 23 Hexima Limited ©

  24. Slide 24: The NaD1 Defensin Kills Fungal Disease Pathogens

    The NaD1 Defensin Kills Fungal Disease Pathogens With defensin No defensin 24 Hexima Limited ©

  25. Slide 25: How do Defensins Kill Fungi?

    How do Defensins Kill Fungi? Glycosylated proteins Cell Wall Plasma Membrane ROS nucleus Cytoplasm Death of fungus 25 Hexima Limited ©

  26. Slide 26: NaD1 Makes Holes in Fungal Membranes

    NaD1 Makes Holes in Fungal Membranes hyphae NaD1 – 2 mM • Defensin makes holes in fungal membranes and allows entry of the fluorescent dye SYTOX green 26 Hexima Limited ©

  27. Slide 27: NaD1 Defensin Enters Live Fungal Cells

    NaD1 Defensin Enters Live Fungal Cells Fluorescently tagged defensin N C 10 min 27 Hexima Limited ©

  28. Slide 28: After NaD1 Entry the Fungal Cells Die

    After NaD1 Entry the Fungal Cells Die Granular contents 3h 28 Hexima Limited ©

  29. Slide 29: The Defensin Team

    The Defensin Team 29 Hexima Limited ©

  30. Slide 30: Hexima's Transformation Capabilities

    Annual General Meeting 25th November 2008 Dr Robyn Heath Senior Vice President Product Development “Hexima’s Transformation Capabilities”

  31. Slide 31: Hexima's Crop Modification Capabilities

    Hexima’s Crop Modification Capabilities Canola Cotton Corn 31 Hexima Limited ©

  32. Slide 32: Tissue Culture Facilities

    Tissue Culture Facilities Sterile hoods New canola/corn growth room Cotton growth room 32 Hexima Limited ©

  33. Slide 33: Glasshouse Facilities

    Glasshouse Facilities Quarantine glasshouse, La Trobe University The University of Melbourne Plan for new Hexima glasshouse and tissue culture facility 33 Hexima Limited ©

  34. Slide 34: Process for Transferring a New Gene Into a Plant

    Process for Transferring a New Gene Into a Plant (Transformation) DNA insertion Cell division New gene Plant cell Plant regeneration Transgenic plant in tissue culture 34 Hexima Limited ©

  35. Slide 35: Transformation of Cotton

    Transformation of Cotton Seedlings Hypocotyl segment + DNA Callus developing Plant developing Transgenic plant 35 Hexima Limited ©

  36. Slide 36: Transformed Plants Grown in the Glasshouse

    Transformed Plants Grown in the Glasshouse Plantlets transferred to soil Checking phenotype in the glasshouse 36 Hexima Limited ©

  37. Slide 37: Fungal Bioassays With Transformed Cotton

    Fungal Bioassays With Transformed Cotton Wilt symptoms caused by Fusarium oxysporum (Fusarium wilt) Collecting data 37 Hexima Limited ©

  38. Slide 38: Fungal Resistance Field Trial 2006/2007

    Fungal Resistance Field Trial 2006/2007 Conventional Transgenic Conventional 38 Hexima Limited ©

  39. Slide 39: Hexima's Crop Modification Capabilities

    Hexima’s Crop Modification Capabilities Canola Cotton Corn 39 Hexima Limited ©

  40. Slide 40: Annual General Meeting - Deputy Chairman

    Annual General Meeting 25th November 2008 Professor Adrienne Clarke Deputy Chairman

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