ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Feinstein Institutes’ Yousef Al-Abed Named 2024 National Academy of Inventors Fellow

Dr. Al-Abed will be honored at the 14th Annual NAI Conference in Atlanta, Georgia in June, 2025

Yousef Al-Abed, PhD, co-director of, and professor in, the Institute of Bioelectronic Medicine at the Feinstein Institutes for Medical Research, has been awarded a fellowship in the 2024 class of the National Academy of Inventors (NAI). According to the NAI, the fellowship highlights academic inventors who have demonstrated a prolific spirit of innovation in creating or facilitating outstanding inventions which have made a significant impact on innovation, economic development and society’s welfare.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241210423805/en/

Dr. Yousef Al-Abed has been named a fellow in the 2024 Class of the National Academy of Inventors. (Photo: Business Wire)

Dr. Yousef Al-Abed has been named a fellow in the 2024 Class of the National Academy of Inventors. (Photo: Business Wire)

Dr. Al-Abed and his lab have discovered approaches and treatments for inflammatory, autoimmune and neurodegenerative diseases. An early discovery was that the molecule macrophage migration inhibitory factor (MIF) is a promising target for new drug therapies for sepsis, diabetes and cancer by improving survival rates and reducing tumor growth. From that discovery, the team invented ISO-1, a compound designed to target and block MIF, and other MIF-targeted therapeutics that, in animal models, have proven effective and have spurred significant investment from major pharmaceutical companies.

"Being recognized by the National Academy of Inventors for our work developing innovative therapies is truly inspiring,” said Dr. Al-Abed. “It fuels our commitment to continue pushing the boundaries of scientific discovery and improving health.”

Dr. Al-Abed and his team developed other promising new therapeutic candidates, including modified versions of a natural thyroid hormone (T4) to better control inflammation mediated by MIF. For lupus, they invented the compound FISLE-412 that neutralizes harmful self-directed antibodies, and found a potential new use for the drug semapimod to treat neurodegenerative diseases like Alzheimer's and Parkinson's. Currently, Dr. Al-Abed and his group are focused on developing and implementing new technology to more efficiently synthesize and screen stabilized peptide-based therapeutics using a novel proprietary azapeptide synthesis platform which has application in an unlimited number of diseases and conditions.

"Dr. Al-Abed’s innovative medicinal chemistry has produced new molecules being studied and developed for inflammation, diabetes, and other important conditions,” said Dr. Kevin J. Tracey, MD, president and CEO of the Feinstein Institutes and Karches Family Distinguished Chair in Medical Research. “His election as a fellow in the National Academy of Inventors is a celebration of his outstanding, honorific inventiveness.”

According to the NAI, the 2024 NAI fellows hail from 135 research universities, governmental and non-profit research institutions worldwide with work spanning various disciplines. Together they hold over 5,000 issued U.S. patents comprising innovations that will make significant tangible societal and economic impact now, and in the future. This year’s class represents 39 U.S. states and 12 countries. Founded in 2012, the NAI program has grown to include 2,068 researchers and innovators, who hold over 68,000 U.S. patents and 20,000 licensed technologies. NAI Fellows are known for the societal and economic impact of their inventions, contributing to major advancements in science and consumer technologies. Their innovations have generated over $3.2 trillion in revenue and generated 1.2 million jobs. The 2024 Class of Fellows will be honored and presented their medals by a senior official of the United States Patent and Trademark Office at the NAI 14th Annual Meeting on June 26, 2025 in Atlanta, Georgia.

The Feinstein Institutes for Medical Research is the global scientific home of bioelectronic medicine, which combines molecular medicine, neuroscience, and biomedical engineering. At the Feinstein Institutes, medical researchers use modern technology to develop new device-based therapies to treat disease and injury.

Building on years of research in molecular disease mechanisms and the link between the nervous and immune systems, our researchers discover neural targets that can be activated or inhibited with neuromodulation devices, like vagus nerve implants, to control the body's immune response and inflammation. If inflammation is successfully controlled, diseases – such as arthritis, pulmonary hypertension, Crohn's disease, inflammatory bowel diseases, diabetes, cancer and autoimmune diseases – can be treated more effectively.

Beyond inflammation, using novel brain-computer interfaces, Feinstein Institutes' researchers developed techniques to bypass injuries of the nervous system so that people living with paralysis can regain sensation and use their limbs. By producing bioelectronic medicine knowledge, disease and injury could one day be treated with our own nerves without costly and potentially harmful pharmaceuticals.

About the Feinstein Institutes

The Feinstein Institutes for Medical Research is the home of the research institutes of Northwell Health, the largest health care provider and private employer in New York State. Encompassing 50 research labs, 3,000 clinical research studies and 5,000 researchers and staff, the Feinstein Institutes raises the standard of medical innovation through its five institutes of behavioral science, bioelectronic medicine, cancer, health system science, and molecular medicine. We make breakthroughs in genetics, oncology, brain research, mental health, autoimmunity, and are the global scientific leader in bioelectronic medicine – a new field of science that has the potential to revolutionize medicine. For more information about how we produce knowledge to cure disease, visit http://feinstein.northwell.edu and follow us on LinkedIn.

Contacts

Recent Quotes

View More
Symbol Price Change (%)
AMZN  222.56
+0.02 (0.01%)
AAPL  274.61
+0.50 (0.18%)
AMD  209.17
+1.59 (0.77%)
BAC  54.81
-0.52 (-0.94%)
GOOG  307.73
-1.59 (-0.51%)
META  657.15
+9.64 (1.49%)
MSFT  476.39
+1.57 (0.33%)
NVDA  177.72
+1.43 (0.81%)
ORCL  188.65
+3.73 (2.02%)
TSLA  489.88
+14.57 (3.07%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.