WBB Research Institute Webcast Highlighted the Need for a Global Response to Candida auris and Other Deadly Antimicrobial Resistant Pathogens

Key Takeaways

  • Antimicrobial resistant C. auris is becoming a major public health threat
  • The webinar highlighted the need for increased collaboration between academia, government agencies and the private sector.
  • to accelerate the use of rapid from whole blood diagnostics and novel therapeutics.

Cranford, NJ - May 19, 2023 -- WBB Research Institute (WBBRI) hosted a Demi-Colton Virtual Salon on the need for a global response to Candida auris and other deadly pathogens. Antimicrobial resistant C. auris is becoming a major public health threat and is found in over 30 countries causing outbreaks in hospitals, nursing homes, and other healthcare settings. It or another emerging antimicrobial resistant pathogen will likely be the cause of the next global pandemic. Scynexis (NASDAQ: SCYX) and T2 Biosystems (NASDAQ: TTOO) were two of the public companies that participated in the webinar, which highlighted the need for increased collaboration between academia, government agencies and the private sector to accelerate the development and use of rapid blood diagnostics and novel therapeutics.

Featured in this program were clinicians, government experts, and public sector leaders discussing ways to combat life-threatening pathogens to include C. auris. The webinar focused on how these pathogens became a critical threat and the real-time steps to address these threats, including rapid diagnostics and novel therapeutics. Participating in the webinar were: 

  • Michael Kurilla, MD, PhD, Director of the National Center for Advancing Translational Sciences at the National Institutes of Health;
  • Prabhavathi Fernandes, PhD, Chair of the National Preparedness & Response Science Board, a federal advisory committee within the Department of Health and Human Services; 
  • Robin Robinson, PhD, Former Director of The Biomedical Advanced Research and Development Authority (BARDA);
  • John Sperzel, President & CEO of T2 Biosystems;
  • David Angulo, MD, President & CEO of Scynexis; and
  • Thomas Walsh, MD, Founding Director of the Center for Innovative Therapeutics and Diagnostics.  

"We must muster a response similar to the Covid-19 collaboration between clinicians, academia, government and the private sector in the fight against C. auris and other emerging pathogens," explained Steve Brozak, DMH, Managing Partner and President of WBB Securities, which founded the WBBRI. "The WBB Research Institute is committed to advancing the use of innovative diagnostics and therapeutics in the fight against the threat of emerging pathogens.”


WBB Securities
The WBB Research Institute is a research organization, founded by WBB Securities. The Institute focuses on emerging critical issues in healthcare that threaten to have profound impact. WBB Securities is a leading Investment Management, Investment Banking, and Equity Research firm focused on the life sciences. WBB Securities is registered with the SEC as a broker-dealer, a FINRA member firm, and a Registered Investment Advisor with a proprietary trading desk. The firm is comprised of a nationwide team of respected senior investment and research professionals serving institutional and high-net-worth clients.

Demy-Colton
Demy Colton is a leader in biotech and life science events, with over 20 years of experience connecting leaders of innovative biotech companies with key stakeholders, investors, and advisors, we create ideal environments to examine and address opportunities and challenges in today’s biotech industry.

Key Takeaways

  • Antimicrobial resistant C. auris is becoming a major public health threat
  • The webinar highlighted the need for increased collaboration between academia, government agencies and the private sector.
  • to accelerate the use of rapid from whole blood diagnostics and novel therapeutics.

Media Gallery

Quotes

“
We must muster a response similar to the Covid-19 collaboration between clinicians, academia, government and the private sector...
Steve Brozak — Managing Partner & President, WBB Securities

Related Bios

Steve Brozak
Managing Partner & President, WBB Securities
Steve Brozak is the Managing Partner and President of WBB Securities. Before co-founding WBB Securities, Dr. Brozak held various positions in finance at several prominent Wall Street firms including Alex. Brown & Sons, Cowen & Company, Dean Witter, and Salomon Brothers.

As the firm’s Senior Equity Analyst, Dr. Brozak is an award winning analyst whose research has been singled out from his peers for accuracy and performance year after year by the financial industry’s most highly regarded rankings organizations. His research is currently monitored by the Bloomberg, StarMine and FactSet platforms. Most recently in 2013, Dr. Brozak was selected as a top analyst in the pharmaceuticals sector by the StarMine/Financial Times Industry Analyst Awards system. The Wall Street Journal distinguished Dr. Brozak as its Best on the Street Medical Equipment and Supplies financial analyst in its 19th Annual Best on the Street Survey. In 2010, Dr. Brozak received the StarMine Thompson Reuters/Financial Times Best Brokerage Analyst award in the Biotechnology space.

With a 30-year track record in sales, banking and analysis in life sciences, Dr. Brozak is a highly sought after media commentator on the life sciences sector by prominent news agencies on the web, television, and in print media. As a speaker, Dr. Brozak is invited to address major institutional audiences at numerous industry conferences and summits to share his ideas and expertise in identifying trends in the healthcare. Dr. Brozak is a published author in multiple scientific journals such as Nature, The British Medical Journal, and Brain Stimulation. He is also a contributor to Forbes and ABC News where he expresses his views about healthcare.

Dr. Brozak served in the United States Marine Corps retiring as a Lieutenant Colonel and in retirement served on the Secretary of the Navy’s Navy and Marine Corps Retiree Council, where he focused on healthcare, benefits and other veteran issues. Dr. Brozak received his BA and MBA from Columbia University, and his Doctorate in Medical Humanities (DMH) from Drew University. Dr. Brozak’s doctoral focus was on the U.S. healthcare system. Dr. Brozak holds FINRA licenses 3, 7, 8, 24, 63, 65, 79, 86, 87 and 99.
View Full Bio>>
John Sperzel
Chairman and CEO of T2 Biosystems
John Sperzel joined T2 Biosystems as President and Chief Executive Officer, as well as a member of our Board of Directors in January 2020. Prior to that, he served as President and CEO of Chembio Diagnostics, Inc. (NASDAQ: CEMI), a leading point-of-care diagnostics company focused on infectious diseases, from 2014 through 2020. Under John’s leadership, Chembio established direct U.S. and international sales teams resulting in significant growth, entered collaborations with two major pharmaceutical companies to create additional revenue opportunities, and made commercial investments in Latin America and Southeast Asia. Before Chembio, John served as President and CEO of ITC Medical, a privately-held point-of-care diagnostics company owned by Warburg-Pincus. Previously, he held executive and commercial leadership positions at Axis-Shield (Abbott), Bayer Diagnostics (Siemens), Instrumentation Laboratory, and Boehringer Mannheim (Roche). John earned his Bachelor of Science in Business/Management from Plymouth State University.
View Full Bio>>
David Angulo, MD
President and CEO of SCYNEXIS
Dr. Angulo became President and Chief Executive Officer of SCYNEXIS, as well as a member of the Board of Directors, in January 2023. Dr. Angulo joined SCYNEXIS in 2015 as Chief Medical Officer. An infectious disease specialist with more than 20 years of experience in successful drug development, he previously served as Vice President, Research and Development of Brickell Biotech, Inc.

Prior to joining Brickell, Dr. Angulo held various senior positions at Stiefel Laboratories, Inc., a GSK company, including head of the clinical and medical departments. Dr. Angulo was also responsible for several development programs in the anti-infectives area at Schering-Plough Research Institute and was an infectious disease physician in a pediatric hospital. He received his medical degree from the Universidad de Guadalajara, Mexico, and has post-graduate degrees in pediatrics and infectious diseases.
View Full Bio>>

Contacts

Fatima Bohorquez
Fatima.Bohorquez@wbbsec.com
(908) 518 7610