SBIR

Envisagenics’ artificial intelligence wows real investors

By GREGORY ZELLER // They’re on a major roll at Envisagenics Inc., a Cold Spring Harbor Laboratory spinoff that’s piling up some hefty research grants. Now based in New York City, the biotech announced this week that it’s been awarded a $1.5 million Small Business Innovation Research Phase II grant from the National Institutes of Health – the second time the NIH has backed the data-crunching startup. The new award is earmarked for the continued…


Matching state grants boost regional SBIR innovators

A Stony Brook University-based small-biz booster program is doubling down on federal Small Business Innovation Research award winners. Through a $1.2 million Empire State Development Corp. incentives package administered by the university’s Small Business Development Center and the Research Foundation for SUNY, SBU has released the first set of matching grant funds to SBIR awardees in Nassau and Suffolk counties. Four regional companies benefited from a total of $50,000 released this round, including Farmingdale-based vaccination…


‘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…


An SBU sweep in Bioscience Hub’s latest round

By GREGORY ZELLER // Five research projects targeting advanced medical-imaging applications, computer-based drug discoveries and a range of new pharmaceutical treatments will be backed by the Long Island Bioscience Hub. The Center for Biotechnology at Stony Brook University, on behalf of the LIBH, announced Tuesday the fourth funding round of the Hub’s technology-commercialization initiative. This time around, a total of $400,000 has been earmarked for two “feasibility” and three “proof of concept” awards, each backing biomedical…