WESTCHESTER COUNTY BIOSCIENCES UPDATE
Featuring news, events and industry trends
Teladoc Health Announces Deal With Northwell Health


Teladoc has deals with other healthcare systems, but a company spokesperson said this is the first to involve Solo, its product that works with Microsoft Teams.

Teladoc announced in July 2021 that it had developed a product called Solo that works with Microsoft Teams, a software platform that supports teleconferencing like Zoom but also has direct messaging and scheduling functions.
Regeneron signs agreement to acquire Checkmate for $250m


The Checkmate takeover is anticipated to bolster Regeneron’s portfolio of varied and combinable immuno-oncology candidates.

Vidutolimod (CMP-001), the lead investigational product candidate of Checkmate, can potentially stimulate the innate immune system of the body to fight tumours along with other treatments.

It is administered into the tumour and is expected to prompt and expand anti-tumour T-cells and cause tumour regression as a single agent in patients whose tumours have advanced following treatment with a PD-1 checkpoint inhibitor.
Governor Hochul Announces More than $15 Million in Awards Through the New York State Biodefense Commercialization Fund

Governor Kathy Hochul announced the first round of awardees of the $40 million New York State Biodefense Commercialization Fund. The program was created to accelerate the development and commercialization of life science innovations that address serious infectious disease threats including COVID-19 and its variants, while also creating jobs and encouraging continued growth across New York’s expanding life science industry. Upon board approval by Empire State Development, eighteen grants will be awarded for a total grant commitment of $15,292,418.

Startup companies developing promising diagnostics, vaccines, therapeutics, and other innovations to prevent, treat or mitigate serious infectious disease threats were invited to apply for grants of up to $4 million. New York's academic research institutions also were able to apply for grants of up to $500,000 to help fast track advanced intellectual property in life sciences.

Financial support is not the only way the fund will help accelerate commercialization efforts. More than 40 mentors with deep expertise in entrepreneurship and in biopharmaceutical development and commercialization have been recruited by the fund to assist grantees in advancing their technologies toward commercialization. This customized guidance will be invaluable in facilitating a successful path forward for both innovation development and company growth.
Westchester County Biosciences Accelerator Announces 2022 Pitch Day

Mark your calendars for May 12 & May 13 to meet the 12 startups in our Biosciences Accelerator! Network with the bioscience community and enjoy pitches from the the 2022 Westchester County Biosciences Accelerator (WCBA) and the 2022 Accelerator for Biosciences in CT (ABCT) Cohorts. Join either in-person or virtually to show support for this year’s cohort of talented entrepreneurs. Click here to register.
Last Chance to Apply!
Central New York Biotech Accelerator 2022 Medical Device Innovation Challenge
 
The CNYBAC Medical Device Innovation Challenge is a 6-month intensive mentorship / network expansion / resource rich program for early-stage innovators. This highly competitive program accepts 5-6 teams each year to participate. To date, 26 teams have graduated from the program and have amassed milestone achievements during and following their participation. The MDIC serves as a complement and a pipeline to other incubation/acceleration programs.
 
Applications are accepted January 1 through April 30 each year and are reviewed through a due diligence process performed by The Innovation Law Center, Syracuse University. Participants are selected by the MDIC Review Committee - interviews may be convened to assist in team selection. The program starts August 1 (some teams receive early commercialization research in advance of program start). You may participate virtually or on-site. If on-site, you receive 6-months of free work space in the CNYBC Creation Garage, 841 E. Fayette St., Syracuse, NY. All selected teams can utilize this facility at any point in time during the program. 
UPCOMING EVENTS
Future of Tri-State Life Sciences – Leading Developments, Policy, Funding & Designing Class-A Facilities

Date: May 12
Time 8:00 am
Registration fee ($149) and attendee information
Burke Neurological Institute Hosts Hope for Stroke. Leveraging Research to Reduce Vulnerability and Foster Resilience

Date: May 20
Time: 8:30 a.m. - 4:00 p.m.

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