1
Disease Stage Progression

4 groups spanning the full AMD spectrum — from healthy baseline through advanced disease — collected from 3+ clinical centers (n=240)

Baseline
Healthy Controls
n=60
No retinal findings
The Critical Window
Asymptomatic Early AMD
n=60
Drusen present, ZERO vision symptoms
Proves biomarkers rise BEFORE symptoms
Symptomatic
Symptomatic Early AMD
n=60
Vision changes present
Advanced
Advanced AMD
n=60
Dry & Wet AMD
2
Why Cross-Sectional Validation Works

FDA & CLIA-Accepted Standard

Used by Cologuard (FDA PMA) and CancerGuard (CLIA LDT) — both Exact Sciences products that validated via cross-sectional case-control studies

Captures Years of Biology

Drusen deposits represent 5–10+ years of accumulated molecular changes, meaning a single-timepoint blood draw captures the cumulative biological signature of disease progression

3
Regulatory Precedent: Exact Sciences Success Stories
Similar Study Design as Ours
C

CancerGuard (Exact Sciences)

CLIA-certified LDT launched at $689 with nationwide Quest Diagnostics access
Case-control design: compared patients with existing cancer vs. healthy controls at a single timepoint. Same cross-sectional validation approach as our 240-sample AMD study. No longitudinal data required for CLIA certification.
C

Cologuard (Exact Sciences)

FDA PMA-approved via prospective, cross-sectional DeeP-C trial — $2.1B+ annual screening revenue
Prospective screening of 10,000 asymptomatic patients with colonoscopy as reference standard at a single timepoint. No longitudinal progression data required for FDA approval.
A

Alzheimer's Biomarkers

Cross-sectional validation, later confirmed elevated 10–20 years pre-symptoms

P

PSA & Oncotype DX

Validated via single-timepoint biomarker comparison

4
Investor Questions
Why not longitudinal data?
Cross-sectional validation is the industry standard. CancerGuard (case-control design like ours, CLIA LDT at $689) and Cologuard (FDA PMA-approved, $2.1B+ revenue) both used single-timepoint validation. Our asymptomatic group proves biomarkers rise before symptoms. Longitudinal studies follow post-launch — standard two-phase approach used by all screening tests.
Can you predict AMD before any signs?
Our validation study is specifically designed to answer this by including an asymptomatic early AMD cohort (drusen present, zero vision symptoms).
Our proof-of-concept demonstrates the platform can detect biomarker alterations associated with AMD.
Our 240-sample validation study follows the same case-control, cross-sectional design Exact Sciences used for CancerGuard.
CancerGuard's test development study analyzed 21 different cancer types and 4 stages in 729 samples, resulting in 1 to 48 samples per cancer type per stage.
Our study focuses on a single disease with 60 samples per group, providing significantly greater statistical power per condition.
Cohort sizes determined by power analysis requiring ~13 samples per group for statistical significance. We are using nearly 5x that threshold.
CancerGuard launched as a CLIA LDT at $689 with nationwide Quest Diagnostics access (September 2025).
Full CancerGuard clinician brochure available in data room.
How reliable is "asymptomatic early AMD"?
Diagnosed via dilated fundus exam and OCT imaging — the clinical gold standard. Drusen deposits are objective physical findings validated by retinal specialists, making this classification highly reliable.

Cross-sectional validation is the industry-standard path to regulatory approval and commercial success

Same approach: CancerGuard (CLIA LDT $689), Cologuard (FDA PMA $2.1B+), Alzheimer's biomarkers, PSA testing