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.

CenterState CEO

Other Member News

Boulter Industrial Contractors Recognized for Workforce Development Initiatives
June 10, 2026

Boulter Industrial Contractors Recognized as 2025 Workforce Ambassador by the SC&RF

Boulter Industrial Contractors, Inc. was recently recognized as the 2025 Workforce Ambassador, Industry - Small Category by the Specialized Carriers & Rigging Foundation (SC&RF).

June 3, 2026

Prototype to Production: De-Risking Polymer Parts

This session outlines a practical, non-promotional framework for moving polymer components from early prototypes to pilot builds and production-ready processes.

June 2, 2026

CNY Leadership Coach Ralph Simone Releases New Book, Slow Down to Go Faster: Living and Leading Intentionally

Readers will learn how to improve effectiveness and impact at work, but also to make life and leadership more joyful.

logo
June 1, 2026

Copurpose Brand + Strategy Chooses Downtown Syracuse for Next Chapter

The fast-growing marketing and AI firm has relocated to the historic Donohue Building at 316 S. Clinton St., placing the company in the heart of the city.

Central New York Community Foundation Names Kristi Eck as Chief Innovation & Growth Officer
June 1, 2026

Central New York Community Foundation Names Kristi Eck as Chief Innovation & Growth Officer

Eck brings more than 20 years of cross-sector leadership experience spanning higher education, workforce innovation, nonprofit leadership and public-private partnerships.

Thompson & Johnson Equipment Celebrates President & CEO Dave Schneckenburger’s 45-Year Anniversary
June 1, 2026

Thompson & Johnson Equipment Celebrates President & CEO Dave Schneckenburger’s 45-Year Anniversary

Dave Schneckenburger has dedicated nearly half a century to advancing the family-owned business while helping shape the future of the industry throughout New York State.

Nave Law Firm Recognizes YMCA of Central New York as June’s Nave’s Neighbor
June 1, 2026

Nave Law Firm Recognizes YMCA of Central New York as June’s Nave’s Neighbor

Nave Law Firm is proud to recognize the YMCA of Central New York as its June Nave’s Neighbor, celebrating the organization’s commitment to strengthening individuals, families, and communities across Central New York.

Longest Day 2026
May 29, 2026

Alzheimer's & Dementia Awareness Walk to Take Place at Oswego Farmers' Market June 18

Alzheimer's & Dementia Awareness Walk to Take Place at Oswego Farmers' Market June 18

New to Network graphic
May 29, 2026

Welcome to the CenterState CEO Network-June 2026

Welcome new members to the CenterState CEO Network.