David Lucchino Explained

David L. Lucchino
Birth Date:16 February 1969
Birth Place:Pittsburgh, Pennsylvania
Alma Mater:Denison University
Syracuse University
Massachusetts Institute of Technology
Years Active:1991 to present
Co-founder, president and CEO, Frequency Therapeutics[1]
Boards:Massachusetts Biotechnology Council
Multiple Myeloma Research Foundation
Parents:Frank J. Lucchino

David L. Lucchino is co-founder and chief executive officer of Frequency Therapeutics, a biotechnology company based in Lexington, MA.[2] [3]

Personal

A Pittsburgh native, Lucchino graduated in 1987 from Central Catholic High School.[4] He is the son of Judge Frank Lucchino and is the nephew of former Boston Red Sox president Larry Lucchino.[5] [6]

Lucchino obtained an MBA degree from MIT Sloan School of Management as an Alfred P. Sloan Fellow.[7] Lucchino also holds a Master of Science degree from Syracuse University and a Bachelor of Arts degree from Denison University.[8]

Career

David began in the life sciences in 2000 as a co-founder at LaunchCyte, a biotechnology investment entity backed by the University of Pittsburgh and the University of Pittsburgh Medical Center.[9] LaunchCyte has founded and backed numerous companies. These include a portfolio firm that partnered with Biogen to develop a clinical-stage candidate for amyotrophic lateral sclerosis and a contract research organization, Reaction Biology, that was sold in 2022 to a private equity firm.[10] [11]

In 2006, while earning his MBA at the MIT Sloan School of Management, Lucchino joined a team led by Professor Robert S. Langer to create implant surface technology that prevents blood clotting and infection. Based on that work, Lucchino co-founded, along with Langer, Semprus BioSciences.[12] Lucchino secured $28.5 million in venture capital financing and $5.4 million in federal funding to advance the technology and the company.[13] The team ultimately gained FDA marketing and European CE marketing clearance for the medical device.[14] Teleflex (NYSE: TFX) acquired Semprus in 2012.[15]

Lucchino also worked at the Boston-based venture capital firm Polaris Partners, where he focused on healthcare investing.[16]

In 2013 Lucchino co-founded Frequency Therapeutics, first serving as chair and subsequently taking on the president and CEO roles alongside co-founders Langer and biomedical engineer Jeffrey Karp from Harvard Medical School.[17] Frequency Therapeutics is a regenerative medicine company focused on developing therapeutics to activate a person's innate potential to restore function within the body. The company initially focused on cochlear restoration.[18] Lucchino took Frequency public in October of 2019. The company is listed on the Nasdaq under the ticker symbol FREQ.[19]

Today, Frequency's lead program is for remyelination in multiple sclerosis (MS) with a focus on developing a therapeutic that activates oligodendrocyte progenitor cells in the central nervous system to generate new oligodendrocytes and regenerate myelin, potentially repairing damage caused by MS.[20]

Activities

From 2018 to 2020, Lucchino was chair of MassBio, a 1500-member biotechnology trade association based in Cambridge, MA. During his term, Lucchino led the founding of "Project Onramp", a program that provides internships in life science companies for students from underserved communities.[21] The program has served hundreds of students and has expanded to Philadelphia, San Francisco, San Diego, and New York City.[22]

Former Governor Charlie Baker appointed Lucchino to the Massachusetts STEM Advisory Council; Lucchino is also a member of the College of Fellows for the American Institute of Medical and Biological Engineering.[23] [24] Lucchino is on the boards of the Multiple Myeloma Research Foundation and the National Outdoor Leadership School (NOLS) and was part of a NOLS expedition that summited Denali.[25] [26]

Notes and References

  1. News: New commercial lab space in Pittsburgh could exceed 700,000 square feet in a few years . Kris. Mamula. February 28, 2020. Pittsburgh Post-Gazette.
  2. McLean. Will. 2018-03-09. Toward a true cure for hearing impairment. Science. 359. 6380. 1113.3–1113. 10.1126/science.aat0966. 0036-8075. 29590039. free.
  3. Web site: A Glimpse Into David Lucchino, Cofounder And CEO Of Frequency Therapeutics . Life Science Leader . 2020-09-21 . 2020-10-16.
  4. Web site: David Lucchino Career Stats Leagues Statistics & History Baseball-Reference.com. Baseball-Reference.com. 2018-02-09.
  5. Web site: Lucchino had rooting interest . 2023-04-10 . Cape Cod Times . en-US.
  6. Web site: Jonathan . Saltzman . February 2, 2018 . Five things you should know about David Lucchino . 2023-04-10 . BostonGlobe.com . en-US.
  7. Web site: A degree of choice for the older and wiser student. 2012-03-19. Financial Times. 2018-02-09.
  8. Web site: FREQ Company Profile & Executives - Frequency Therapeutics Inc. - Wall Street Journal . 2023-04-10 . www.wsj.com.
  9. Web site: Freese . Peter . 2016-04-24 . David Lucchino . 2023-04-10 . SYNAPSE . en-US.
  10. Web site: Semprus Biosciences CEO David Lucchino makes use of his scientific curiosity . 2023-04-10 . www.bizjournals.com.
  11. Web site: Reaction Biology Announces Closing of Growth Investment from Cobepa and Chief Executive Officer Transition . 2023-04-10 . www.prnewswire.com . en.
  12. News: Semprus Biosciences, launched in MIT lab, finds buyer for medical device technology . BostonGlobe.com. 2018-09-11.
  13. News: Semprus BioSciences lands another $18m. Kirsner. Scott. 2010-12-13. Boston.com. 2018-09-11.
  14. Web site: Creating a permanent bacteria barrier . 2023-04-10 . Massachusetts Institute of Technology . en.
  15. Web site: Teleflex Incorporated Buys SEMPRUS BioSciences for Up to $80 Million . 2023-04-10 . BioSpace . en-US.
  16. Web site: Movers and shakers in tech and biotech . 2023-04-10 . www.bizjournals.com.
  17. Web site: Kim . Stefani . 2017-04-17 . Frequency Therapeutics Receives $32 Million Funding for Drug to Treat Hearing Loss . 2023-04-10 . The Hearing Review . en-US.
  18. Web site: Reversing hearing loss with regenerative therapy . 2023-04-10 . MIT News Massachusetts Institute of Technology . en.
  19. Web site: January 21, 2020 . Frequency Therapeutics Making the Right Noises, IPO Lockup Expires on Mar.31 . January 21, 2020 . Nasdaq.com.
  20. Web site: Margarida . Maia . Frequency moving to test agents with remyelination potential FREQ-162 among compounds that might restore myelin sheath in MS . 2023-04-10 . multiplesclerosisnewstoday.com . en-US.
  21. Web site: David Lucchino . 2023-04-10 . MassBio . en-US.
  22. Web site: Ryan . Cross . February 6, 2023 . Boston biotech internship program aims to increase diversity through expansion . 2023-04-10 . BostonGlobe.com . en-US.
  23. Web site: Massachusetts STEM Advisory Council Mass.gov . 2023-04-10 . www.mass.gov . en.
  24. Web site: David Lucchino Dr. David Lucchino Inducted into Medical and Biological Engineering Elite - AIMBE . 2023-04-10 . en.
  25. Web site: David L. Lucchino . 2023-04-10 . themmrf.org . en-US.
  26. Web site: David Lucchino NOLS Profile . 2023-04-10 . www.nols.edu.