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Axial Podcast

Scaling Proteomics with Milad Dagher

60 min episode · 3 min read
·
Milad Dagher

Episode

60 min

Read time

3 min

Topics

Productivity, Investing, Startups

AI-Generated Summary

Key Takeaways

  • Multiplexing architecture: Nomic solves the cross-reactivity problem that limits traditional multiplex immunoassays by pre-assembling each antibody pair onto individual color-coded beads before the assay begins. This spatial localization eliminates antibody mixing entirely, unlike proximity extension assays which allow cross-reactivity and then discriminate against it. The result is consistent signal quality whether running 10-plex or 200-plex panels, enabling direct data comparison across experiments.
  • Cost-driven discovery scale: Most biomarker discovery studies using OLink or SomaLogic measure thousands of proteins but only across a few hundred samples, creating overfitting risk. Nomic's lower cost structure enables population-scale studies at 10,000+ samples. Researchers can run broad 200-plex discovery panels first, then build smaller custom panels for the 30–100 proteins of interest, compounding cost efficiency for validation-stage work.
  • Drug discovery target validation: Nomic ran a single experiment profiling 10,000 wells — PBMCs from six donors, stimulated four ways, perturbed with 60 immunomodulatory cytokines — measuring 200 proteins per well. This generated thousands of protein interaction data points in one experiment, a dataset that would have taken years with standard ELISA. Teams using this approach have identified unexpected off-target signals during lead optimization that single-biomarker readouts would have missed entirely.
  • Service-first go-to-market: Launching as a service rather than a kit allowed Nomic to iterate on antibody panel quality, learn directly from scientist workflows, and validate product-market fit within months instead of years. OLink followed a similar path and now derives roughly half its revenue from kits. Scientists who initially requested kits often prefer staying on the service after experiencing the workflow simplicity, which also provides Nomic ongoing data on assay performance across diverse applications.
  • Proteomics vs. transcriptomics ground truth: RNA sequencing data frequently does not correlate with actual protein expression, yet much published biology relies on transcriptomic proxies. Proteomics platforms like the Analyzer provide direct protein quantification, making them a more reliable basis for target validation and drug development decisions. Researchers should treat RNA-seq leads as hypotheses requiring protein-level confirmation before committing program resources to a specific target or pathway.

What It Covers

Milad Dagher, cofounder and CEO of Nomic Bio, explains how the Analyzer platform scales multiplexed ELISA-based proteomics to 200 proteins per sample using pre-assembled antibody pairs on color-coded beads, enabling drug discovery teams to run high-throughput protein measurements at costs low enough for routine daily use across large sample cohorts.

Key Questions Answered

  • Multiplexing architecture: Nomic solves the cross-reactivity problem that limits traditional multiplex immunoassays by pre-assembling each antibody pair onto individual color-coded beads before the assay begins. This spatial localization eliminates antibody mixing entirely, unlike proximity extension assays which allow cross-reactivity and then discriminate against it. The result is consistent signal quality whether running 10-plex or 200-plex panels, enabling direct data comparison across experiments.
  • Cost-driven discovery scale: Most biomarker discovery studies using OLink or SomaLogic measure thousands of proteins but only across a few hundred samples, creating overfitting risk. Nomic's lower cost structure enables population-scale studies at 10,000+ samples. Researchers can run broad 200-plex discovery panels first, then build smaller custom panels for the 30–100 proteins of interest, compounding cost efficiency for validation-stage work.
  • Drug discovery target validation: Nomic ran a single experiment profiling 10,000 wells — PBMCs from six donors, stimulated four ways, perturbed with 60 immunomodulatory cytokines — measuring 200 proteins per well. This generated thousands of protein interaction data points in one experiment, a dataset that would have taken years with standard ELISA. Teams using this approach have identified unexpected off-target signals during lead optimization that single-biomarker readouts would have missed entirely.
  • Service-first go-to-market: Launching as a service rather than a kit allowed Nomic to iterate on antibody panel quality, learn directly from scientist workflows, and validate product-market fit within months instead of years. OLink followed a similar path and now derives roughly half its revenue from kits. Scientists who initially requested kits often prefer staying on the service after experiencing the workflow simplicity, which also provides Nomic ongoing data on assay performance across diverse applications.
  • Proteomics vs. transcriptomics ground truth: RNA sequencing data frequently does not correlate with actual protein expression, yet much published biology relies on transcriptomic proxies. Proteomics platforms like the Analyzer provide direct protein quantification, making them a more reliable basis for target validation and drug development decisions. Researchers should treat RNA-seq leads as hypotheses requiring protein-level confirmation before committing program resources to a specific target or pathway.
  • Founder learning cadence: Dagher credits Y Combinator and Creative Destruction Lab primarily for the founder and mentor networks rather than curriculum. He identifies self-awareness about role-specific skill gaps as the most critical CEO capability, noting the job effectively resets every six months as the company scales. Structured self-evaluation routines and executive coaching become necessary once peer learning from cofounders and accelerator networks no longer covers the new demands of each growth stage.

Notable Moment

Dagher describes the precise moment he decided to start Nomic — not when the technology first worked in the lab, but when the team ran the cost and scalability math and realized the platform economics justified a company, not just a product. That financial calculation, not scientific validation, triggered the founding decision.

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Episode Transcript

Welcome to the Axial podcast. Axial is an early stage investment firm based in San Francisco. We partner with great founders and inventors investing in early stage life science companies often when they are no more than an idea. Axial is fanatical about helping the right venture who's compelled to build their own and journey business. Hey, Balad. Hope you're doing well. Thanks for taking the opportunity to this podcast. Thank you. I wish we go for a walk again. That was a really nice walk we did last time in SF. But Yes. We'll do it next time. But We should. I I really appreciated that. This was that was the first first, ever meeting I had on a walk, and I, I told people about it. We should more people should be having meetings, over walks. I'm telling you, Crissy Field might be the best walk in the world or one of the best. And so people should go to Crissy Field for, walk and talk meetings. But maybe for people in the podcast list the listeners here, you can introduce yourself. And, what does NoMick do? Yeah. So thanks again for for having me on, Josh. My name is Milad Dager. I'm the cofounder and CEO of, NoMick Bio. And, at NoMic, we have developed the analyzer, which is a next generation, proteomics platform that enables, really low cost, really high throughput, high fidelity protein measurements. And, we're two years, in the making, so to speak. We've, we've, launched a couple of years ago, and we have more than 40 customers now that leverage the analyzer primarily for drug discovery and development applications. And, you know, our our mission at NoMEC is to just develop better tools for measuring biology and enabling, you know, scientists to, better quantify biology disease and, eventually extend health health span. Absolutely. That's our mission. Could you define m Eliza's capabilities right now and, you know, compare versus other methods out there, mass spec to, other types of antibody related methods? Yeah. Absolutely. Maybe taking a a step back, like, proteomics in the in the in the last, last few years have have come into the forefront as a modality that is, inevitable. Right? I mean, obviously, DNA and RNA are so critical to read. And in many ways, you know, measuring proteins has considering the complexity of proteins, considering the the the various ways one needs to measure proteins, you know, it it is quite complex, and it has, over the years, been some something that scientists try to get around if they could. You know, transcriptomics is a nice proxy sometimes, but not always. Right? But proteomics has always been a very costly, very complex, you know, affair. And, you know, just a few years ago, the only two kind of ways to interrogate the proteome, you know, broadly speaking, are mass spec or Eliza based or binder based systems. Right? And, there's been so much, you know, really exciting …

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Books, tools, and gear mentioned in this episode

SignalCast may earn commission on purchases via these links.

Tools

  • by OLink

    Most biomarker discovery studies using OLink or SomaLogic measure thousands of proteins but only across a few hundred samples, creating overfitting risk.
  • AnalyzerBy guest

    by Nomic Bio

    Milad Dagher, cofounder and CEO of Nomic Bio, explains how the Analyzer platform scales multiplexed ELISA-based proteomics to 200 proteins per sample using pre-assembled antibody pairs on color-coded beads.
  • by SomaLogic

    Most biomarker discovery studies using OLink or SomaLogic measure thousands of proteins but only across a few hundred samples, creating overfitting risk.

course

  • by Y Combinator

    Dagher credits Y Combinator and Creative Destruction Lab primarily for the founder and mentor networks rather than curriculum.
  • by Creative Destruction Lab

    Dagher credits Y Combinator and Creative Destruction Lab primarily for the founder and mentor networks rather than curriculum.

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