Gian Luca Araldi

‘Dormant’ biotech wakes on Alzheimer’s fast track

By GREGORY ZELLER // A pre-clinical-stage biopharmaceutical company is being fast-tracked toward a potential Alzheimer’s treatment, after taking a decidedly slow road. Stony Brook-based Avanti Biosciences Inc. actually launched in 2009, but was “dormant for a few years,” according to founder Gian Luca Araldi, “kind of an empty shell.” It was only in the last two years, when “I had some ideas I wanted to develop on my own,” that Araldi – a former senior…


Bio Hub names newest resident entrepreneurs

A “biotechnology strategist” and a longtime Big Pharma executive are throwing their weight behind the Long Island Bioscience Hub as its newest bioentrepreneurs in residence. The hub is a National Institutes of Health-supported partnership between Stony Brook University, Cold Spring Harbor Laboratory and Brookhaven National Laboratory designed to promote commercialization of technologies created at member institutions. Now supporting that mission are Brian McCarthy and Gian Luca Araldi, the sixth and seventh resident bioentrepreneurs to sign…