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CTL eNewsletter: July 2014
During Cornell University's annual Entrepreneurship@Cornell Celebration event in April, a milestone annual two-day entrepreneurship conference that brings together more than 1,000 alumni, faculty, students, and staff, the Cornell Venture Challenge competition took place. Successful applicants pitched new and exciting business ideas to a panel of professional investors and entrepreneurs.
The winner of this year's Cornell Venture Challenge was York Avenue Diagnostics. Their business plan included the use of genetic signatures to monitor kidney health in patients and provide earlier detection of transplant rejection without an invasive biopsy. Team members William Mills IV, Kevin O'Rourke, Benjamin Burnett and Michael Boice were awarded $25,000 to move their business plan forward.
The team developed their business plan using an invention already disclosed to CCTEC; and CCTEC is actively seeking patent protection to the invention. Alan Paau, Vice Provost for Technology Transfer at Cornell University, presented the team a matching prize of an additional $25,000 provided by CCTEC bringing the total prize to $50,000 for their win at the Cornell Venture Challenge.
Earning second place was TeraPore Technologies, whose business plan is also based on an invention being managed by CCTEC to develop a high performance ultrafiltration solution for biopharmaceutical manufacturing. With a matching prize from CCTEC, TeraPore Technologies won a total of $10,000 to launch the venture on a non-dilutive basis. The team was led by Rachel Dorin, Ph.D. '13.
The Cornell Venture Challenge provides a way for burgeoning entrepreneurial ideas to gain experience, exposure, and financing to help launch successful ventures. The competition is sponsored by Big Red Venture Fund (BRV), a student-run venture capital fund, at Cornell University's Johnson Graduate School of Management.
On Tuesday, May 6, 2014, Cornell University and the University of Rochester hosted the first annual Upstate NY Health Sciences Symposium & Technology Showcase. The event was held on Cornell's Ithaca campus to showcase the health sciences work being done in Upstate New York. The event drew over 70 attendees from business and academia.
Eight speakers from both universities spoke during the day on this year's topic, cancer biology and neurobiology. The keynote speaker, Hening Lin, Professor in the Department of Chemistry and Chemical Biology, at Cornell University spoke on ways of translating novel sirtuin biological discoveries to cancer therapeutics. Dr. Lin's lab focuses on NAD+-consuming enzymes that have important biological functions and human disease relevance, including poly(ADP-ribose) polymerases and sirtuins.
University of Rochester speakers included, Associate Professor Jeffrey Bazarian, Professor Steve Goldman, Assistant Professor Helene McMurray, and Professor Maiken Nedergaard. Bazarian spoke on how biomarkers can aid in the diagnosis of concussions and traumatic brain injuries, while Goldman shared his research on human glial progenitor cells for the treatment and modeling of neurological disorders. McMurray explored common cancer cell vulnerabilities, which could lead to cancer intervention. Nedergaard focused on the glymphatic system as a possible target for treatment of neurodegenerative diseases.
Speakers from Cornell University included Senior Research Associate Marc Antonak, who spoke on microvesicles as mediators of cell communication in cancer and their potential use. Associate Professor Margaret Bynoe addressed the problem of the blood brain barrier hindering the delivery of therapeutic drugs using adenosine to safely and effectively modulate the blood brain barrier. Professor Linda Nicholson shared her work on investigations of a molecular switch to derail Alzheimer's disease.
The day ended with a networking reception and Technology Showcase. "We wanted to shine a spotlight on the exciting research taking place in Upstate New York in health sciences," says Alan Paau, Vice Provost for Technology Transfer at Cornell University. Posters of new technologies in the health sciences field from both universities were on view for attendees. Over 20 posters were on display with their inventors on hand to answer any questions. Next year's Upstate New York Health Sciences Symposium will be held at the University of Rochester.
No upcoming events at this time.
Date: April 9, 2014
The 2014 Upstate NY TechCareer Connection featured experienced panelists who shared their advice on finding a career in science and technology and an exhibitor session with STEM companies from a 15-county region in Upstate New York. Companies and attendees networked with one another and learned what Upstate NY has to offer in the Science, Technology, Engineering, and Math (STEM) fields.
April 10, 2014 - 12:30pm - 2:00pm
CCTEC hosted a New Business & Emerging Technology Showcase on Thursday April 10, 2014 in the Statler Hotel Ballroom on Cornell's Ithaca Campus. The showcase featured emerging technologies and new business opportunities from the Ithaca campus, New York State Agricultural Experiment Station in Geneva, and Weill Cornell Medical College in New York City. Researchers and business representatives were on hand to discuss the technologies and companies.
April 22, 2014 - 12:00pm - 1:30pm
Dr. Xiaochun Zhu, Partner at Scully Scott Murphy & Presser PC, and CCTEC staff discussed the recent U.S. Supreme Court decisions of Mayo Collaborative Services v. Prometheus Laboratories, Inc. (2012) and Assoc. for Molecular Pathol. v. Myriad Genetics (2013), as well as the impact of these decisions on patenting of biological products and processes.
April 29, 2014 - 12:00pm - 1:30pm
CCTEC and speakers Lenzie Harcum, Center for Economic Transformation, at the New York City Economic Development Corporation (NYCEDC) and Raphael Farzan-Kashani, City of New York Early-Stage Life Sciences Fund discussed and learned about entrepreneurial life sciences and health care technology initiatives recently launched by NYCEDC.
April 30, 2014 - 4:00pm - 7:00pm
This Boot Camp focused on entrepreneurial activities outside the lab or university. Our panel talked about how they navigated their academic careers toward commercial endeavors.
May 6, 2014 - 9:30am - 5:30pm
On Tuesday, May 6, 2014, Cornell University and the University of Rochester hosted the Upstate NY Health Sciences Symposium & Technology Showcase focusing on cancer biology and neurobiology. The event was held in G10 in the Biotech Building on Cornell's Ithaca campus to showcase the health sciences work being done in Upstate New York.
May 7, 2014 - 5:45pm - 7:15pm
Large Scale Production of Soft Robots
Attendees learned about the current capabilities of existing soft robots and new manufacturing routes for the reliable and large scale manufacturing of these machines, and the potential societal impact of these advancements.
June 9, 2014
On June 9, 2014, CCTEC and Aptiv Solutions hosted a Biologics Development Boot Camp at Weill Cornell Medical College.
Attendees learned the keys to developing a successful biologic medicine. The program offered information and practical advice for all, including early stage entrepreneurs, and feature presentations and discussions by biologic industry leaders, intellectual property specialists, and regulatory, clinical trial, and reimbursement experts.
June 10, 2014 - 5:30pm - 7:00pm
Cornell alum David Frank of MEDx Associates LLC, who has experience in diagnostics, startups and running M&A for Ortho-Clinical, spoke on the trials of point of care diagnostics.
June 24, 2014 - 6:30pm - 8:30pm
On Tuesday, June 24th, 2014 Cornellians, including alumni, business partners and friends, were invited to join CCTEC professionals for a night of fun over drinks and hors d'oeuvres at the San Diego Marriott Marquis and Marina in San Diego. This was a great opportunity to strengthen "Cornell Connections," and learn about technology opportunities at Cornell University.
July 8, 2014 - 7:00pm - 9:00pm
On July 8th, 2014 Cornellians, including alumni, business partners and friends, were invited to join CCTEC professionals for a night of fun over drinks and hors d'oeuvres at the Parc 55 Wyndham in San Francisco. This was a great opportunity to strengthen "Cornell Connections," and learn about technology opportunities at Cornell University.
July 9, 2014 - 5:00pm - 8:30pm
Attendees learned about selected physical sciences technologies and startups coming out of Cornell University, as well as information about our technology transfer program.