Malnutrition
of Affluence
With
the advent of a highly processed American diet and changes in our
eating habits since World War II, the consumption of essential plant-derived
nutrients (phytonutrients) is on the decline. Despite consumer and
physician awareness about the importance of eating a diverse diet
many of the same forces that are contributing to the epidemics of
obesity, cardiovascular disease and diabetes contribute to the poor
dietary state of Americans today. The fact that these "orphaned
phytonutrients" are depleted from American's diet may be responsible
(in part) for causing or worsening chronic diseases such as diabetes
and cardiovascular disease.
Based
on this association and the preponderance of epidemiologic evidence,
Galileo's nutritional development strategy is to identify depleted
beneficial plant-based bioactive phytonutrients and to replace them
in supplement and food ingredient form to combat inflammatory mediated
diseases. This discovery and development parallels Galileo's pharmaceutical
programs in target validation and aggregation of data.
Galileo's
product strategy is to apply its technology platform to develop
bioactive Nutrient Ingredient Systems targeting at-risk healthy
consumers and select affected patient populations. Since Galileo's
initial focus is on nutritional products, the Company can generate
revenue and profit much earlier in the product development lifecycle
than a traditional biotechnology firm. Clinical data gained within
nutritional programs about both ingredient system activity and biomarker
response profiles are being incorporated into the Company's pharmaceutical
programs. As the company continues to advance its research in the
future, the sales and profits from high value nutritional supplements
and functional foods will be used to fund research on even higher
value pharmaceuticals.
Galileo
relies on partnerships with pharmaceutical and consumer goods companies
to bring its products to market. The Company currently has marketing
and development partnerships established with leading companies
in the pharmaceutical, raw material and consumer product sectors.
Galileo's
business development strategy is to widen its core technology platform
by accessing enabling technologies from key biotechnology partners.
The Company currently has multiple non-disclosed technology licensing
deals. The Company will commercialize clinically proved, proprietary
nutritional products through market leaders. The Company will retain
pharmaceutical rights through completion of Phase II trials for
its drug products. Galileo has peer reviewed grants awarded by the
Florida Department of Citrus and the National Oceanic and Aviation
Administration. In addition, Galileo has key collaborations with
investigators at Johns Hopkins, Harvard, University of California,
Berkeley and other academic institutions.
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