Table Alignment
Host
Sam Kessel
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Summary

Merrick Smela, Chief Scientific Officer, and Travis Potter, Chief Executive Officer of Ovelle, joined the Nucleate Podcast to discuss their mission to revolutionize infertility treatment using in vitro gametogenesis (IVG). IVG is the process of creating eggs from normal cells that can be fertilized and implanted, a method first demonstrated in mice in 2016. Ovelle's goal is to provide an option for individuals who cannot use IVF, such as cancer survivors or those with low ovarian reserve, and eventually to offer a superior alternative to traditional IVF by producing an unlimited number of eggs from a simple tissue sample, avoiding hormone treatments and surgical procedures. The company's unique scientific approach involves identifying and directly activating gene regulatory factors to quickly achieve a particular cell state. This "direct regulatory factor expression approach" is significantly faster than trying to mimic the natural biology of egg development, which can take 14 years or more inside a woman's ovaries. Smela's recent research, completed during his PhD at Harvard, identified regulatory factors that can initiate meiosis—a critical step where eggs get the correct number of chromosomes—in about 12 days.

   Travis Potter, who transitioned from a nearly 20-year career in finance at Goldman Sachs and a hedge fund, was motivated by his personal struggles with having a second child, noticing the lack of innovation in IVF over the past 45 years and the minimal global funding for IVG research. He found that building Ovelle required a shift in focus from the "ruthless culture" of finance to one prioritizing "meaning versus money," with biotech driven by a mission to have a positive impact on others' lives. The co-founders emphasized the critical need for strong prioritization, using a "critical path analysis" to focus limited resources on the minimal steps necessary for success, such as erasing DNA methylation, ensuring meiosis, and growing the eggs to a sufficient size. While challenges remain, including combining myiotic and supporting cells to form reconstituted ovarian follicles, the final step—in vitro maturation (IVM)—has already been achieved in humans. Ultimately, the team is focused on first achieving a proof of concept, followed by extensive quality control, optimization, and safety trials, including in non-human primates, before the technology is safe for human use.

Show Notes

Time Stamps

1:58 Merrick Smela's Early Influence

03:36 Ovelle's Founding:  Travis Potter and Merrick Smela

05:07 Travis Potter's Motivation After Facing Fertility Struggles

06:44 Underfunding of IVG

07:48 Finance/Biotech Commonalities

09:15 Scientific Co-founder Role: Merrick Smela

09:56 Using Statistics in Design

12:25 Definition of IVG

12:54 Ovelle's Mission to Revolutionize Infertility Treatment

13:33 IVG vs. IVF

15:49 Ovelle's Unique Scientific Approach

16:39 Direct Activation vs. Natural Signaling: 

18:17 Meiosis Paper Innovation: Identifying Regulatory Factors that can Activate Meiosis from Stem Cells

21:23 Team Building: Finding Dedicated Scientists

24:20 Culture Difference (Meaning vs. Money)

28:35 IVG Process Overview: 

29:36 IVM is Achieved in Humans: 

30:35 Quality Control and Safety of Eggs

32:35 Prioritization using Critical Path Analysis:

35:02 Investor Funding for IVG as a New Fertility Approach

41:21 Rapid Fire Questions

https://www.linkedin.com/in/merrick-p-75513414a/

Travis Potter - Ovelle | LinkedIn
I left my career as a hedge fund and Goldman Sachs MD to solve the biggest unaddressed… · Experience: Ovelle · Education: Cornell University · Location: New York · 500+ connections on LinkedIn. View Travis Potter’s profile on LinkedIn, a professional community of 1 billion members.
Ovelle | LinkedIn
Ovelle | 2,276 followers on LinkedIn. Pioneering Pathways to Parenthood | Ovelle is revolutionizing fertility treatment through human in vitro oogenesis—producing eggs from somatic cells. Our approach uses directed differentiation of human iPSCs to ovarian cell types (including granulosa cells and meiotic germ cells) by manipulating expression of TFs and RNA-binding proteins. We are the first company to be develop technology to induce meiosis in human iPSCs.
Ovelle – Pioneering the Future of Fertility with Groundbreaking Science

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