San Diego’s Telephus Seeks $5M to Advance Anti-Infective Antibody

Prosthetic Joint Infections,

advance treatments that rely on new monoclonal antibody drugs that target Staphylococcus aureus bacteria, including methicillin-resistant Staphylococcus aureus (MRSA), which account for 80 percent of all prosthetic joint infections.

With technology licensed from the University of Rochester lab of Edward Schwarz, who is the startup’s founder and chief scientific officer, Telephus plans to advance a monoclonal antibody to early stage trials. The company ultimately wants to develop a single-dose biologic drug that could be injected before a patient undergoes revision surgery to clean out the bacteria and repair the damage caused by a staph infection of artificial hips, knees, and other prosthetic joints.

“What we’re trying to do is supplement the patient’s immune system to fight this infection, without giving them a bunch more antibiotics, which they’re getting anyway,” says Telephus CEO Mark Benedyk, a biotech consultant and longtime industry executive.

Mark Benedyk
Mark Benedyk

Benedyk says he initially worked with Schwarz as a consultant, and together they developed a strategy to start a company around the original biologic product. “Eddie approached me with a good deal of very high-quality preclinical data in his animal model of implant-associated osteomyelitis,” Benedyk wrote in an e-mail, “It was immediately clear to me the high unmet medical need, and more stringent outcome requirements for reimbursement under the ACA [Affordable Care Act] made this a very valuable product.”

Telephus is now seeking to raise a $5 million Series A round to advance the company’s lead product to Phase I trials in 2016. So far, Telephus has raised more than $1.4 million from individual investors and the Wilson Sonsini law firm.

A key advantage of the germline clone that Telephus is developing, Benedyk says, is that it neutralizes a sticky enzyme that helps staph bacteria adhere to the implant surface, enabling the bacteria to form multi-layered biofilms.

Disrupting the biofilm is crucial. Otherwise, bacteria can fortify the outer layers of the biofilm, creating a kind of shield against antibiotics. The Telephus drug also is intended to

Author: Bruce V. Bigelow

In Memoriam: Our dear friend Bruce V. Bigelow passed away on June 29, 2018. He was the editor of Xconomy San Diego from 2008 to 2018. Read more about his life and work here. Bruce Bigelow joined Xconomy from the business desk of the San Diego Union-Tribune. He was a member of the team of reporters who were awarded the 2006 Pulitzer Prize in National Reporting for uncovering bribes paid to San Diego Republican Rep. Randy “Duke” Cunningham in exchange for special legislation earmarks. He also shared a 2006 award for enterprise reporting from the Society of Business Editors and Writers for “In Harm’s Way,” an article about the extraordinary casualty rate among employees working in Iraq for San Diego’s Titan Corp. He has written extensively about the 2002 corporate accounting scandal at software goliath Peregrine Systems. He also was a Gerald Loeb Award finalist and National Headline Award winner for “The Toymaker,” a 14-part chronicle of a San Diego start-up company. He takes special satisfaction, though, that the series was included in the library for nonfiction narrative journalism at the Nieman Foundation for Journalism at Harvard University. Bigelow graduated from U.C. Berkeley in 1977 with a degree in English Literature and from the Columbia University Graduate School of Journalism in 1979. Before joining the Union-Tribune in 1990, he worked for the Associated Press in Los Angeles and The Kansas City Times.