Challenges in Bioentrepreneurship - July 17, 2023

Posted on July 10, 2023

Challenges in Bioentrepreneurship

July 17, 2023, 3:00 – 4:00 p.m. EST

Joseph Scaduto, Co-founder and CEO, CMTx Biotech

A comprehensive interview session with CEO and Co-founder Joseph Scaduto of CMTx Biotech. Bring your questions!

Mr. Scaduto is currently the Co-Founder and CEO of CMTx Biotech, a clinical-stage biopharmaceutical company working to commercialize a pipeline of proprietary, non-antibiotic, chemically-modified tetracycline (CMT) compositions and formulations for the host-modulatory treatment of diseases with high unmet needs. The company’s lead drug candidate is a clinical-stage, orally-administered small molecule (incyclinide / CMT-3 / COL-3) for the treatment of hospitalized sepsis patients at risk of septic shock, multiple organ dysfunction syndrome (MODS) and acute respiratory distress syndrome (ARDS), including from SARS-CoV-2 infection (COVID-19) and other infectious diseases. Mr. Scaduto is also the Founder and CEO of Traverse Biosciences Inc., an emerging bioscience company commercializing a proprietary library of novel drug candidates to treat chronic inflammatory conditions affecting humans and animals. Mr. Scaduto is also a Co-Founder and Managing Partner of Hairpin Technologies Inc., the exclusive licensing agent of Cold Spring Harbor Laboratory (CSHL) to expand the commercial distribution and use of small hairpin RNA (shRNA). Mr. Scaduto was previously designated as an external BioEntrepreneur-In-Residence (B-EIR) at the Center for Biotechnology, a New York State Center for Advanced Technology (CAT) at Stony Brook University.

Mr. Scaduto has also served as the Assistant Director of Business Development at the Center for Biotechnology, as well as the founding Executive Director of the Long Island Life Sciences Initiative (LILSI). He has over 20 years of experience providing business development expertise, strategic planning services and technology commercialization guidance to emerging and expanding bioscience companies on Long Island and throughout New York State.

Other Network News

 Oneida Indian Nation leadership, elected officials and business and tourism leaders usher in a new state of luxury travel and hospitality in Upstate New York.
July 20, 2026

Oneida Indian Nation Celebrates the Arrival of the First Phase of the $400 Million Turning Stone Evolution – Grand Opening of Luxury Hotel, The Crescent, and Fine-Dining Restaurant, SALT

Oneida Indian Nation leadership, elected officials and business and tourism leaders usher in a new state of luxury travel and hospitality in Upstate New York.

Excellus BCBS logo
July 20, 2026

Excellus BlueCross BlueShield recognizes 2025 Circle of Excellence Award winners

Excellus BCBS has announced the recipients of its 2025 Circle of Excellence Awards, recognizing healthcare organizations that have demonstrated exceptional performance in clinical quality and outcomes

July 20, 2026

Oswego Health Announces New Board Leadership and Welcomes Four New Members to Board of Directors

Peter Cullinan has been elected Chair of the Oswego Health Board of Directors. Joining him in officer roles are Katie Toomey Zaryski as Vice Chair, Ron Tascarella as Treasurer and Lynne Eggert as Secretary.

Solvay Bank Announces Caitlin Wynn’s Appointment to UnitiEast Executive Committee
July 15, 2026

Solvay Bank Announces Caitlin Wynn’s Appointment to UnitiEast Executive Committee

Solvay Bank, the oldest community bank in Onondaga County, is pleased to announce the appointment of Caitlin Wynn, Banking Officer & Retail Operations Leader, to the Executive Committee of UnitiEast.

Solvay Bank Announces $50,000 to Local Non-Profit Organizations In Partnership with the Federal Home Loan Bank of New York
July 15, 2026

Solvay Bank Announces $50,000 to Local Non-Profit Organizations In Partnership with the Federal Home Loan Bank of New York

Solvay Bank announced a combined $50,000 financial boost to the CNY community by awarding individual $3,125 grants to 16 area non-profit organizations distributed through the FHLBNY SBRG Program.

Bent Ear Technologies
July 14, 2026

Bent Ear Technology Partners Recognized on MSP Summit's 2026 MSPs to Watch List

Prestigious recognition highlights the company's operational excellence, innovation and commitment to helping businesses navigate an AI-driven technology landscape.

Ghyra Cannon
July 13, 2026

Christopher Community Welcomes Ghyra Cannon as Director of HR Operations

Christopher Community, Inc. (CCI), is pleased to announce the appointment of Ghyra Cannon as its new Director of HR Operations.

July 10, 2026

Choosing the Right Contract Laboratory Partner: Strategic, Operational and Financial Points to Consider

In this virtual session, David Kudla and Sarah Ptach will walk innovators through the critical considerations that should guide partner selection.

Eastern Security Services Group Photo
July 10, 2026

Eastern Security Services Celebrates 50 Years of Protecting Central New York

Last month, local security provider Eastern Security Services celebrated 50 years of protecting homes and businesses across Central and Western New York.