Sixth Annual Symposium on Entrepreneurship and Academic Drug Development Highlights Expanding Entrepreneurial Ecosystem - Weill Cornell Medicine Newsroom

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When ophthalmologist Dr. John Pena was a first-year resident, helium helped to dainty a kid with a signifier of crab that originates successful the backmost of the eye. Dr. Pena utilized precocious exertion to spot wrong the eye’s clear, gel-like operation called the vitreous, and recovered abundant microscopic structures that transport biologic accusation from 1 compartment to another. The patient’s lawsuit inspired Dr. Pena, past a Weill Cornell Medicine physician-scientist, to make caller methods for visualizing these structures, oregon extracellular vesicles, successful tissues, and research their relation successful cancer. The enactment yet led to a Cornell startup that focuses connected processing caller therapies for blinding oculus diseases.

Laying the groundwork for the startup’s constitution was captious bridge-funding assistance from Weill Cornell Medicine’s Daedalus Fund for Innovation. The backing enabled Dr. Pena to further make the procedure, which successful 2019 helium published successful Nature Methods. Shortly afterward, Dr. Pena founded Aufbau Holdings, an early-stage ophthalmology biotech, for which helium serves arsenic CEO. Leaving world medicine for manufacture was similar “jumping retired of a perfectly bully airplane,” helium said. But helium was committed to translating the basal subject advancement successful imaging from the seat to the bedside successful the commercialized space.

“We person to standard our operations to bring the therapeutic inventions to clinic,” helium said.

Dr. Pena and different Weill Cornell module and alumni recounted their entrepreneurial journeys astatine the sixth yearly Symposium on Entrepreneurship and Academic Drug Development, hosted Nov. 14 successful the Belfer Research Building and attended by much than 100 radical successful idiosyncratic and via Zoom. The symposium, sponsored by the Dean’s Office, showcased Weill Cornell’s affluent array of programs for supporting module who privation to bring their discoveries to the wellness attraction marketplace.

“Sometimes those of america successful academia whitethorn beryllium funny astir starting a institution oregon patenting a discovery, but whitethorn not beryllium definite wherever to start,” said Dr. Augustine M.K. Choi, the Stephen and Suzanne Weiss Dean of Weill Cornell Medicine. “Attending events similar this is an fantabulous mode to larn astir disposable resources. The Office of BioPharma Alliances, the Center for Technology Licensing, BioVenture eLab, and related programs specified arsenic the Daedalus Fund for Innovation person experts connected unit who tin supply important guidance each measurement of the way.”

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Dr. Augustine M.K. Choi

Dr. John Leonard, elder subordinate dean for innovation and initiatives, highlighted enlargement successful these offices, arsenic good arsenic caller spinoffs, inventions, commercialized alliances and licensing. He emphasized that Weill Cornell Medicine present manages each these efforts nether 1 office—“one beforehand door”—known arsenic Enterprise Innovation.

“There's a batch happening, and it continues connected a affirmative trajectory,” said Dr. Leonard, who is besides interim seat of the Weill Department of Medicine and the Richard T. Silver Distinguished Professor of Hematology and Medical Oncology astatine Weill Cornell Medicine.

Dr. Lisa Placanica, elder managing manager of CTL astatine Weill Cornell Medicine, led a sheet treatment connected the challenges and lessons of entrepreneurial life, with Dr. Pena and 2 existent Weill Cornell Medicine faculty: gynecological surgeon Dr. Tamatha Fenster and pharmacologist Dr. Lonny Levin. Dr. Fenster, an adjunct prof of objective obstetrics and gynecology, is an inventor of imaging and surgical tools including a caller benignant of speculum, and Dr. Levin, a prof of pharmacology, is processing a non-hormonal commencement power pill for men.

Dr. Pena emphasized that would-be entrepreneurs astatine Weill Cornell Medicine should try, for arsenic agelong arsenic imaginable earlier founding a company, to cod information for their ideas wrong the organization assemblage with each its supportive resources. “When you commencement a company, you’re ever reasoning astir your wealth pain rate,” helium said. Staying successful arsenic agelong arsenic imaginable means “you’re not spending arsenic overmuch wealth erstwhile you travel out.”

Dr. Fenster, who is besides manager of innovations and biotechnology of the Fibroid and Adenomyosis Center astatine Weill Cornell Medicine, noted that she enjoys the champion of some worlds, arsenic an innovator who inactive teaches residents and aesculapian students and treats patients but tin besides telephone upon Weill Cornell Medicine’s ever-growing translational offices. “I usage the resources present to the nth grade and I’m truthful grateful for them,” she said. “It’s astonishing due to the fact that I tin deliberation of an thought portion I’m successful the O.R., sketch it up and past telephone my beloved friends astatine CTL, and wrong a time they commencement doing patent searches for me, and assistance maine refine the drawings and the CAD models.”

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Dr. John Leonard

Dr. Levin noted that being capable to enactment successful some the world and commercialized settings is becoming ever easier, acknowledgment to efforts similar Weill Cornell Medicine’s. In the past 2 decades, “the enactment betwixt academia and pharma has wholly blurred,” helium said. He explained however helium and his workfellow Dr. Jochen Buck were capable to make a contraceptive enzyme inhibitor with captious assistance from the Daedalus Fund for Innovation led by Larry Schlossman and the Tri-Institutional Therapeutics Discovery Institute, a concern betwixt Weill Cornell Medicine, The Rockefeller University and Memorial Sloan Kettering Cancer Center.

“That quality to instrumentality compounds from hits successful a surface to cause candidates you tin usage successful an carnal exemplary is unheard of successful astir world settings, but we person that now,” Dr. Levin said.

The symposium’s keynote talker was Dr. George Church, a prof of genetics astatine Harvard Medical School who is regarded arsenic a founding begetter of genomics. Dr. Church gave the assemblage a tour d’horizon of his lab’s caller work, on the mode showcasing galore of the commercialized and technological possibilities of DNA technology: molecular transistors, fluorescent microscopy for DNA sequencing, organisms with non-standard nucleic acids and amino acids, multi-virus resistant bacteria for biotech production, non-Crispr DNA editing techniques, superfast-growing bacteria for biotech, techniques for penning accusation to DNA arsenic a retention medium, ever-evolving DNA barcodes for tracing cells successful organ improvement studies, and adjacent aging reversal medicines.

Although galore of these projects and ideas mightiness look excessively overmuch of a reach, Dr. Church said, the aboriginal is person than we think. He noted that caller mRNA and viral-vector COVID-19 vaccines were technologically equivalent to cistron therapies, and yet became disposable astatine debased outgo astir the satellite acknowledgment to authorities enactment and planetary economies of scale. He looks guardant to akin successes successful different areas, and is astir optimistic astir cistron therapies against aging. “The COVID-19 acquisition makes maine much hopeful that we tin get aging reversal for $2 a dose,” helium said.

Many Weill Cornell Medicine physicians and scientists support relationships and collaborate with outer organizations to foster technological innovation and supply adept guidance. The instauration makes these disclosures public to guarantee transparency. For this information, spot profiles for Drs. Tamatha Fenster and Lonny Levin.

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