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The Center for Biotechnology is deeply saddened to share the loss of one of our biggest advocates and trusted advisors, Peter Young. Peter spent his career in the life-science industry, most recently as a Sr. Venture Partner and Executive-in- Residence with Pappas Capital. Until recently, he resided on Long Island and gave freely of his time and expertise to support our Center, and the emerging life sciences companies, entrepreneurs, and faculty innovators we work with to advance life science innovation into the market. Most importantly, Peter had a wonderful and kind spirit that he generously shared with all of us. He will be profoundly missed.
[post_title] => Peter Young, 1949-2025
[post_excerpt] => We are deeply saddened to share the loss of one of our biggest advocates and trusted advisors, Peter Young.
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Kathera Bioscience Inc., a privately-held biotech startup was awarded a SBIR Fast Track grant with a value of up to $3,298,530 from the National Institute of Allergy and Infectious Diseases (NIAID) for its dihydrofolate reductase (DHFR) program. Kathera Bioscience was founded by CFB Advisor and Long Island BIoMentor Initiative Mentor Dr. Stephen Parent.
Kathera is developing novel therapeutics to treat fungal infections, a major cause of human disease with an estimated 11.5 million annual life-threatening infections globally, resulting in more than 1.5 million deaths. The award will fund selection of a lead series in the Phase 1 award and lead optimization in Phase 2. Read more about Kathera and the award here.
[post_title] => Kathera Bioscience Receives SBIR Phase I Fast Track Award To Advance Novel Drugs To Treat Life Threatening Fungal Infections
[post_excerpt] => Kathera Bioscience Inc.,founded by CFB Advisor and Long Island BIoMentor Initiative Mentor Dr. Stephen Parent, was awarded a SBIR Fast Track grant with a value of up to $3,298,530.
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[post_content] => Just released: MoneyBall Medicine: Thriving in the New Data-Driven Healthcare Market, a new book authored by Harry Glorkian & Malorye Allison Branca
From Amazon.com: "How can a smartwatch help patients with diabetes manage their disease? Why can’t patients find out prices for surgeries and other procedures before they happen? How can researchers speed up the decade-long process of drug development? How will "Precision Medicine" impact patient care outside of cancer? What can doctors, hospitals, and health systems do to ensure they are maximizing high-value care? How can healthcare entrepreneurs find success in this data-driven market?
A revolution is transforming the $10 trillion healthcare landscape, promising greater transparency, improved efficiency, and new ways of delivering care. This new landscape presents tremendous opportunity for those who are ready to embrace the data-driven reality. Having the right data and knowing how to use it will be the key to success in the healthcare market in the future. We are already starting to see the impacts in drug development, precision medicine, and how patients with rare diseases are diagnosed and treated. Startups are launched every week to fill an unmet need and address the current problems in the healthcare system. Digital devices and artificial intelligence are helping doctors do their jobs faster and with more accuracy.
MoneyBall Medicine: Thriving in the New Data-Driven Healthcare Market, which includes interviews with dozens of healthcare leaders, describes the business challenges and opportunities arising for those working in one of the most vibrant sectors of the world’s economy. Doctors, hospital administrators, health information technology directors, and entrepreneurs need to adapt to the changes effecting healthcare today in order to succeed in the new, cost-conscious and value-based environment of the future. The authors map out many of the changes taking place, describe how they are impacting everyone from patients to researchers to insurers, and outline some predictions for the healthcare industry in the years to come."
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[post_excerpt] => MoneyBall Medicine: Thriving in the New Data-Driven Healthcare Market, which includes interviews with dozens of healthcare leaders, describes the business challenges and opportunities arising for those working in one of the most vibrant sectors of the world’s economy.
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The Center for Biotechnology is deeply saddened to share the loss of one of our biggest advocates and trusted advisors, Peter Young. Peter spent his career in the life-science industry, most recently as a Sr. Venture Partner and Executive-in- Residence with Pappas Capital. Until recently, he resided on Long Island and gave freely of his time and expertise to support our Center, and the emerging life sciences companies, entrepreneurs, and faculty innovators we work with to advance life science innovation into the market. Most importantly, Peter had a wonderful and kind spirit that he generously shared with all of us. He will be profoundly missed.
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