Reboot Rx
Model & Strategy
Reboot Rx works to provide effective and affordable treatment options to cancer patients worldwide, including society’s most vulnerable, so they can live longer and better lives. Their proprietary AI technology rapidly identifies the most promising generic drugs for repurposing. Reboot Rx is bringing their first repurposed generic drug into the standard of care, which costs as little as $50 per year and could help hundreds of thousands of prostate cancer patients.
The Problem
10 million lives are lost to cancer each year. Patients urgently need affordable and effective treatment options, but the development of new drugs is an arduous and expensive process. Bringing just one new drug to market can take over a decade and cost $1 billion, with no guarantee of meaningful benefits: many new cancer drugs only extend survival by a few months yet cost patients over $100,000 annually. The financial toll is devastating, with around 40% of U.S. cancer patients exhausting their life savings within two years of diagnosis. There is a major opportunity to reduce the time and cost of creating new cancer treatments — while also prioritizing globally accessible therapies — through the repurposing of FDA-approved generic drugs. However, a fundamental market failure exists when it comes to repurposing generic drugs for new indications since pharmaceutical companies lack incentives to pursue this path, leaving potential life-saving treatments undeveloped and patients without access to affordable care.
The Solution
Reboot Rx envisions a future where cancer patients worldwide have access to effective, low-cost treatment options that help them live longer and better lives. Using their AI technology powered by machine learning and natural language processing, Reboot Rx accelerates the drug development process, identifying high-potential drug candidates for repurposing in weeks instead of years. Using this innovative approach, Reboot Rx’s team of AI and cancer experts identified promising generic drugs for prostate cancer, which have already been tested in clinical trials. They are now validating their findings with real-world evidence using electronic medical record data in partnership with the Veterans Health Administration (VA). Reboot Rx is also working to identify the most promising generic drugs for multiple other cancer types and will drive the adoption of generic drugs into the standard of care. While their work will create accessible treatment options for patients everywhere, those in resource-limited settings and those who face systemic health inequities will realize the most benefit from inexpensive and widely available repurposed generic drugs.
Laura Kleiman, PhD, is the Founder and CEO of Reboot Rx. When her mother was diagnosed with cancer, Laura realized that a market failure is preventing effective and affordable treatments from rapidly reaching patients. She lost her mother and now passionately works to expand treatment options with repurposed generic drugs for future cancer patients.
Laura’s career is focused on building cross-sector collaborations to drive innovative and equitable development of new treatments for cancer patients. She holds a PhD in Computational and Systems Biology from MIT, was an American Cancer Society Postdoctoral Fellow at the Massachusetts General Hospital and Harvard Medical School, and served as Scientific Research Director in the Department of Data Sciences at the Dana-Farber Cancer Institute. Laura has been featured in Forbes, the Boston Business Journal, and Life Science Leader. She has been recognized with awards from The Commonwealth Institute’s Extraordinary Women Advancing Healthcare, 40 Under 40 in Cancer, the Massachusetts Life Sciences Center’s MassNextGen Initiative, and the Dana-Farber Cancer Institute. Laura is a Draper Richards Kaplan Foundation Entrepreneur and a Class of 2022 Henri Termeer Fellow, a prestigious appointment for emerging CEOs within the life science industry who show great promise for bringing life-saving treatments to patients.
Impact
Reboot Rx deployed their AI technology to synthesize clinical data from 16,000 published research studies and identified the top non-cancer generic drug to repurpose for treating prostate cancer.
The drug costs as little as $50 per year and could slow prostate cancer progression, helping hundreds of thousands of patients avoid or delay surgery and radiation, and saving billions in healthcare costs each year worldwide.
Reboot Rx News
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Cheap, Effective Treatments for Cancer Already Exist, So Why Don’t You Know About Them?Reboot Rx envisions a future where cancer patients worldwide have access to effective, low-cost treatment options that help them live longer and better lives. Reboot…Dec 2023
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Can AI Help Locate Low-Cost Cancer Treatments? These Funders Want to Find OutPosted in Inside Philanthropy on April 3, 2023 By: Paul Karon Cancer is the second-most common cause of death in the United States. Every year,…Apr 2023