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| OVERVIEW |
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NYC Bioscience Bulletin provides the latest news and information on the thriving bioscience cluster in New York City. This month's issue highlights a new discovery, major funding agreement, and two key upcoming events.
Visit www.nycbiotech.org or contact us for more information on how New York City Economic Development Corporation (NYCEDC) can assist your business. |
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| IN THE NEWS |
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Intra-Cellular Therapies Announces Discovery
Intra-Cellular Therapies, Inc. announced additional preclinical data from its ongoing development programs for ITI-007, the company's first-in-class dual 5HT2A receptor antagonist/dopamine receptor phosphoprotein modulator (DPPM), and ITI-722, a low-dose formulation of ITI-007, which are in development for schizophrenia and sleep disorders, respectively. These new data demonstrate ITI-007 has preclinical activity both in vitro and in vivo as an antidepressant.
"We believe ITI-007 represents a unique compound that may have broad use in treating many neuropsychiatric and neurodegenerative disorders where sleep problems, depression, or psychosis are prominent symptoms, including schizophrenia, affective disorders, and Parkinson's disease," stated Sharon Mates, Ph.D., Chairman and Chief Executive Officer of Intra-Cellular Therapies.
For more information, read the Intra-Cellular Therapies press release. |
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Stemline Therapeutics Raises $12.5 Million
Stemline Therapeutics, Inc., a clinical stage biopharmaceutical company focusing on the development of oncology compounds directed to cancer stem cell targets, recently announced that it has completed a $12.5 million round of financing. Proceeds will go towards advancing its oncology therapeutics clinical program. |
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NYC to Host 1st Annual World Science Festival
The Science Festival Foundation selected NYC for its 1st annual World Science Festival, May 28th to June 1st. The Festival begins with The World Science Summit, an invitation-only conference that will bring together scientists, policy makers, and business, academic and cultural leaders to exchange ideas and information about cutting-edge innovations and their impact on the world. Other events throughout the week range from a street fair, to movie screenings, performances, and presentations throughout Manhattan. Visit www.worldsciencefestival.com for more details. |
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NYBA's 17th Annual Meeting – May 19-20
The New York Biotechnology Association will conduct its Annual Meeting from May 19-20 – the largest regional biotech event of the year, drawing 600 professionals from across New York State and New England. Held at the Marriott Marquis Hotel in the heart of Times Square, the event features keynotes from today's leaders and luminaries, dozens of business, scientific and educational sessions. |
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$3,000 Grants Available For Biotech Companies to Exhibit at BIO 2008
New York bioscience firms interested in exhibiting in the New York Pavilion at BIO 2008 are encouraged to apply for a NY Loves Bio grant at http://www.nylovesbio.net/NY_Bio_Grant_Opps.pdf. The grants allow companies to exhibit for as little as $1,000!! The early-bird deadline has been extended, so apply now! Space is limited. | |
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