BioHealth Innovation, Inc. (BHI) announced today that the Maryland Economic Development Corporation (MEDCO), who is the agent for Montgomery County, has selected BHI to manage the Germantown Innovation Center (GIC) located within the Pinkney Innovation Complex for Science and Technology at Montgomery College (PIC MC). The Germantown Innovation Center was previously managed by the Montgomery County Department of Economic Development, which transitioned into the Montgomery County Economic Development Corporation (MCEDC) on July 1, 2016.
Additionally, BHI and PIC MC have signed an agreement to work collaboratively on business incubation and company recruitment at the PIC MC—a 20-acre integrated academic, business and research campus.
Personal Genome Diagnostics Inc. (PGDx), a leading provider of advanced cancer genome testing products and services, today announced that it has licensed rights to patent pending microsatellite instability (MSI) testing technology from Johns Hopkins University to help identify candidates for immune checkpoint inhibition. PGDx already includes the MSI technology in its pan cancer genomic tissue assays for patients and drug developers, and will be incorporating it into the recently launched PlasmaSELECT™ 64 non-invasive pan cancer assay. The company also includes the MSI technology in its PROGENEUS™ technology transfer enterprise solution, which enables advanced cancer genomic testing by local and regional laboratories that have next-generation sequencing (NGS) capabilities.
As cybersecurity becomes more of an imperative for individuals and organizations, several regions in the US are investing money and efforts in security innovation.
Silicon Valley may be the most famous hotspot for tech innovation in the country, but it’s far from the only place driving cybersecurity advancement. Areas such as the Washington, DC region and the Boston metro area are home to a growing number of security startups and incubators.
David Petr is roughly five weeks into his tenure as the first-ever president and CEO of the Montgomery County Economic Development Corp., a new nonprofit entity charged with marketing Maryland’s most populous jurisdiction to the private sector.
The drive for economic growth around the world is seeing regions strive to create their own innovation ecosystems. Universities are an important aspect of an innovation ecosystem, so for the second year running, Reuters has created its index of the world’s top 100 most innovative universities, highlighting those educational institutions doing the most to advance science and invent new technologies and help drive the global economy.
Not surprisingly, the world’s top three continue to be Stanford University, Massachusetts Institute of Technology (ranked #2) and Harvard University (ranked #3).
Throughout SSTI’s 2016 Annual Conference, we will be engaging with the theme of Innovation with Purpose: Shaping Future Opportunities. Whether you are interested in the agenda overview, four thematic tracks, interest group roundtables and tour, or want to see the agenda by session type, you can find that information below. We’re looking forward to having this conversation with you in November!
Panel:SUSTAINING YOUR ORGANIZATION: LESSONS LEARNED
Sustaining a public-private partnership is never easy. But tight public budgets, political transitions, and increased competition make it even more difficult. However, it is achievable — with clear focus and tough decisions. In this discussion-based session, practitioners will discuss what sustainability means, share how their organizations have achieved financial sustainability and offer advice on how you can do the same.
Moderator:
Matthew Stevens, Strategic Initiatives Manager, U.S. Small Business Administration
Speakers:
Richard Bendis, President & CEO, BioHealth Innovation, Inc.
Henry Cialone, President & CEO, EWI
Amy Jensen, Director of Finance & Operations, The Water Council
BioBuzz and Elite Sponsor the Institute for Bioscience and Biotechnology Research (IBBR) are excited to announce a special event that lands right in the middle of the Oktoberfest season. Flying Dog Brewery will be our guest as we bring together the worlds of biotech and beer to show how closely related they really are. We are proud to have BioBuzz Double Helix Sponsors CRB and BREP along with Azzur IT as Co-Sponsors for this event.
Before the general networking begins, Flying Dog CEO, Jim Caruso, and COO/Head Brew Master, Matt Brophy will be on the IBBR Auditorium stage from 5:00 p.m. – 6:00 p.m. to speak about the company and everything that goes into the process of brewing their beer.
Wed, Oct 26, 2016 at 5:30 PM – Columbus Center 701 East Pratt Street Baltimore, MD
1st Pitch Life Science is coming to Baltimore for the first time. Hear what happens AFTER a start-up company presents to an investor group! Usually after a pitch, the investors have a closed-door discussion to decide whether the opportunity merits further investigation and possible investment. 1st Pitch Life Science (http://www.1stpitchlifescience.com) offers presenters and audience members the chance to hear what happens in those closed-door discussions, and to learn what really matters to investors.
Access to cancer screening services in Nigeria, and identifying symptom changes in schizophrenia and depression patients are the focuses of the 2016 Research and Innovative Seed Grant award recipients, highlighting a collaborative research program between the University of Maryland, Baltimore (UMB)and the University of Maryland, College Park (UMCP). Part of the University of Maryland: MPowering the State initiative, the Seed Grant program was established to create opportunities for collaboration between disciplines and between the universities. All areas of research at UMB and UMCP are considered for funding.
By the end of next year, Harpoon Medical’s minimally invasive surgical tool could be in operating rooms across Europe.
Harpoon still is testing the technology, but believes its device could revolutionize mitral valve repair, a hours-long surgery that requires splitting the breastbone and stopping the heart. Harpoon’s tool can finish the job in a hour and a half through a small incision.
Washington-area companies raised nearly $300 million in venture capital funding during the third quarter, putting the region on track to reach $1 billion in investments by the end of the year, according to recently released data from the National Venture Capital Association.
In all, 49 local companies raised $299.5 million during the third quarter, a 47 percent increase from the $204 million the region’s firms secured during the same period last year, according to PitchBook, a research company that provided the data for the association’s report.
BioFactura, Inc. was granted patent rights by China’s State Intellectual Property Office (SIPO) protecting the core technologies of its proprietary StableFast™ Biomanufacturing Platform. SIPO allowed 17 claims broadly covering composition of matter and methods. StableFast™ is BioFactura’s proprietary NS0-based system to rapidly generate stable cell lines that have the potential to lower cost, produce follow-on biologics and are single-use technology compatible. The Company is developing high-value biosimilars both internally and collaboratively.
Investigators at the Johns Hopkins University School of Medicine’s Brain Injury Outcomes program and the Institute for Clinical and Translational Research have been awarded a seven-year, $25 million grant from the National Institutes of Health’s National Center for Advancing Translational Sciences (NCATS) to form, along with Tufts University School of Medicine, one of three Trial Innovation Centers.
Madison, Wisconsin-based Propeller Health has closed a $21.5 million Series C financing round, with new investors 3M Ventures, S.R. One, Limited and Hikma Ventures, plus existing investors Safeguard Scientifics and Social Capital. The funding will be used to further Propeller’s digitally-guided therapy platform.
Propeller’s aim is to simplify management of chronic respiratory diseases like asthma and COPD through sensors that attached to inhalers and sync to a companion app. The digitally-guided therapy platform is able to integrate with multiple sources, including connected medications, and uses machine learning to design a personalized therapy plan for each user.
With the visionary language of large federal initiatives like the “Cancer Moonshot” or provocative branding such as “NIH…Turning Discovery into Health®” and the National Institute of Health website further touting “revolutionary ideas often come from unexpected directions,” one might assume an equally ambitious approach is being taken to ensure federal life sciences research is going toward research with the most promise for positive impact and scientific advancement. One of the calls of Vice President Joe Biden’s recent Cancer Moonshot report was urging not to accept a “business as usual” approach. A recent report underscores why that may be a problem at the National Institutes of Health (NIH).
We recently released our inaugural PitchBook-NVCA Venture Monitor as a comprehensive resource on all matters venture capital. You can download the full 20-page report for free, but if you’d like to fast forward to the highlights, we’ve collated the top charts below:
Two University of Maryland, Baltimore (UMB) researchers and a UM Venture startup company stemming from the University’s tech transfer efforts received financial awards to accelerate the commercial development of their biomedical inventions into treatments and devices to meet today’s health challenges.
For the last eight years, the UMB Commercial Advisory Board and the Johns Hopkins Alliance for Science and Technology have held a yearly meeting of faculty of both universities, advisors and potential investors to explore pathways to commercializing inventions created in the universities’ laboratories, and encourage entrepreneurship among faculty members. This year, $200,000 was awarded to faculty and startup companies from both universities. UMB inventors competed for a UM Ventures Award and one of two Abell Foundation Awards. UM Venture start-ups presented their companies for the chance to win a UM Venture Start-up Award. This year’s UMB-affiliated awards went to:
THE 7TH GALIEN FORUM EVENT: The 2016 Galien Forum will take place on the morning of October 27th, 2016, and will feature round table debates focusing on critical global healthcare issues and challenges. Our annual life science Forum is rapidly becoming a leading event for discussing issues of innovation in the industry. The Galien Forum brings together leading CEOs, biomedical experts from industry, academia and government.
Your search ends at the Universities at Shady Grove (USG), where nine top Maryland universities bring 40 of their best degree programs to YOU on one convenient campus in Rockville. Choose from a variety of degrees offered in flexible formats that fit the lives of working adults.
USG GRADUATE OPEN HOUSE Monday, November 7th / 6:00pm Check-in / 6:30pm Welcome / 7:00pm-8:00pm Sessions & Information Fair
Officials from the University of Maryland, College Park and the University of Maryland, Baltimore have unveiled plans for the new Center for Sports Medicine, Health and Human Performance.
Media outlets report the center, announced Wednesday, will be dedicated to cutting-edge research into concussions and other sports injuries. The center will combine research into traumatic brain injuries with treatment of student athletes and the public.
The Open Data Science Symposium is open to the public and will be available through a webcast.
Big Data is an underutilized resource for innovation and discovery in biomedical research and the NIH is committed to unleashing its full potential by making it an open and easily accessible resource. The Open Data Science Symposium will feature discussions with the leaders in big data, open science, and biomedical research while also showcasing the finalists of the Open Data Science Prize, a worldwide competition to harness the innovative power of open data.
Please Register for the Open Data Science Symposium by November 18, 2016.
For a while, Illumina—the 800-pound gorilla of genomics—could do no wrong. The DNA-sequencing company’s market cap more than quadrupled from 2012, to peak at a whopping $34 billion, fueled in part by the growing hype around the potential of genomics to transform how we prevent, diagnose, and treat disease, as well as facilitate medical research discoveries.
October 27, 2016 – Arnold & Porter LLP, 601 Massachusetts Avenue, NW Washington, DC, 20001
The Washington DC/Baltimore Chapter of Women In Bio is presenting a program to learn about board service in the public and private sectors. If you are a budding entrepreneur looking to develop a board, this is the event for you. If you were recently named to a board and want to know more about your responsibilities, this is the event for you. If you want to start a business/nonprofit and need to know how to set up a board, this is the event for you.
Moderated by Mr. Yusuf Azuzullah, Chairman Board of Directors, Global Board Advisors Corp (GBAC), panelists include:
Ms. Rachel King, CEO and President of GlycoMimetics, Inc.
Ms. Lily Qi, Assistant Chief Administrative Officer, Montgomery County Office of the County Executive
Ms. Sharon Ayd, Chief Scientific Officer and Senior VP Pharmaceuticals, Regulatory Compliance Associates Inc.
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