Overview of Prime
Disposable solution/patented
technology….disruptive implications for the market
Prime Separations was started in early 2003 in the
laboratory of a company that makes specialty chemicals for large/small businesses to
optimize their compounds for the market. The founder had been an owner in this
business before retiring in 2000 and returning to science as he had
envisioned a new separations solution. Because of his extensive polymer,
chemistry and industry experience gained at over 25 years in Polaroid’s
laboratory and consulting experience in major industries around the world the
founder was able to put this unique background together with assistance from a
successful, early stage life science process business leader/investor with
direct experience/success in the separation/purification market to enable this
significant invention which received its first patent in 2007. Subsequent work over
the next few years refined the manufacturing process by developing proprietary
process techniques which are vital to accomplishing a successful technology
transfer and product/market entry. Prime is in the process of filing additional patents
for other innovative technologies that has been identified.
Prime Separations, Inc. (PSI) has developed and patented a disruptive
(2x-100 x improvement) market solution for the continuous separation and
purification of molecules ranging from small organic compounds, precious
metals, proteins, and contaminants by utilizing a chromatographic film format
employing proprietary separation chemistries. Prime addresses many cost,
environmental, process, profit, competitive and governmental needs that have
created enormous pull for PSI in the marketplace to fulfill these critical
unmet needs. Prime has at least a 3-4 year lead on any potential competitors
and provide vertical partners with opportunities to capture new $B markets.
PSI’s addressable market
opportunity of $30B+ includes food/agriculture ($B+), pharmaceuticals
($5B+), mining ($B+), e--waste market ($5B, is expected to surpass $15B by
2015) and new areas that have not been able to be economically addressed by
existing technologies. Prime is a “Green Separations Company” as its process
minimizes solvents, sharply reduces water usage, eliminates contaminants…many
other environmental and cost benefits not available with current separation
solutions.
The invention and subsequent products challenge for the first time in over 50 years the traditional methods
utilized to perform separations and purification. In just one of these
multi-billion dollar markets, biopharmaceuticals ($5B US market, 11% CAGR for
process equipment and disposables) PSI’s solution would replace the high cost capital
equipment, batch process utilizing large columns and expensive media with a
continuous, low cost, environmentally superior, disposable solution with significant
margins. An independent test by a public
pharmaceutical company provided results that would allow them to produce a
specific antibody for $40/kilogram vs.
$4000/kilogram. PSI’s has validated tests in other vertical markets with
similar outstanding results.
About Management
Team
BACKGROUND OF THE PRINCIPALS:
Henry S. Kolesinski:
Founder, Chief Executive Officer, R&D
and
applications development. Hank has many years of synthetic chemistry
background with the Polaroid Corp. where he developed and patented
numerous
unique chemistries for the photographic industry. He gained his life
science experience as a consultant to Millipore and Waters. He was the
founder
of Cohesive Technologies, a supplier of chromatographic instrumentation
which
was acquired by Thermo Electron Corp. He has several issued and pending
patents
relating to the separation industry and multiple technical publications.
he received his degree in chemistry from Northeastern University.
Robert S. Cooley: Co-Founder, and
President. Mr. Cooley is a recognized
global market expert in the area of liquid chromatographic separations. Mr.
Cooley founded YMC, Inc. and grew it to successful exit. Prior to YMC, Mr. Cooley held numerous senior
management positions within Waters Corporation, the global leader for
chromatographic separations. He
successfully developed the first process scale HPLC for production as VP of
Chromatography at Whatman Chemical Separations, Inc., and expanded the
business by 30%. BS Chemistry/Biology, Norwich University;
Graduate Programs
Jonathan N. Kremsky: Ph.D., Chief Technology Advisor,
Dr. Jonathan N.
Kremsky has more than 25 years experience in the synthesis, scale-up and
production of organic chemicals. He is the founder of Prime Organics, Inc.
Previously, he was the Director of Process Chemistry for the Milligen Division
of Millipore Corporation and directly responsible for the manufacture of
chemicals for DNA and peptide synthesis. Dr. Kremsky was the Senior Scientist
for Millipore's Specialty Chemical Group, overseeing the R&D of new
chemistry for chromatography products. Dr Kremsky also worked several years at
the DNA Institute. Dr. Kremsky is an
adjunct Professor of Chemistry at the University of Massachusetts
Lowell and a member of the Biological Chemistry
Division of the American Chemical Society. He is the author of seven
publications and has two U.S. Patents. Dr. Kremsky received his B.S. in
Chemistry from Michigan State University
and a Ph.D. in Organic Chemistry from the University of Chicago
in 1983.
Steven F. McGrath: Consultant, is the retired director of the analytical laboratory for the Montana Bureau of Mines and Geology. Since 1974, he has been involved with solvent extraction technology in the non-ferrous metals industry. He was a plant operator at the experimental Arbiter facility in Anaconda, Montana (operated by the Anaconda Company), which was the first modern solvent extraction-electrowining (SX/EW) hydro-metallurgical copper production facility in the state. Subsequently, he has worked in plants using ion exchange technology to extract metals from acid mine drainage (AMD) and has conducted research into novel acoustic mixing technology for use in solvent extraction mixers. He has consulted abroad for copper mining operations in optimizing SX/EW operations. He is very familiar with conventional mass transfer technology used in metal recovery operations.
