Chicago, Ill., April 25, 2019 – Yesterday afternoon, Enzyme by Design - a cancer therapeutic startup spun out from the University of Illinois at Chicago - was named the winner of the BioPharma
category in the Pitch Perfect Startup contest at MedCity INVEST. This 2-day national conference focuses on healthcare investing in the Midwest and took place at the Ritz-Carlton at Water Tower place
in downtown Chicago. Enzyme by Design was one of 43 startups selected to give pitches at this event with technology ranging from therapeutics and diagnostics to medical devices and health
IT.

Dr. Arnon Lavie, Enzyme by Design’s CEO, gave an engaging winning pitch on the exciting new cancer therapeutic his team engineered and are currently developing. His
passion and commitment to the mission of designing safer oncology treatment options was readily apparent and permeated the room. Through precise enzyme engineering, his team’s biologic drug can
selectively starve certain tumor cells of a key nutrient and kill them off without also causing debilitating side effects that plague current FDA-approved variants. Enzyme by Design is excited about
finding the right investors who believe in the impact of our mission to develop safe and effective cancer therapeutics. The company is seeking seed funding to complete IND-enabling studies, which
will allow for first-in-human trials that will establish its superior safety profile in a Phase I clinical trial.