273rd Edition – October 3, 2017

Sisu Global Health is entering product launch phase in a pair of African countries.

The company recently received regulatory clearance to sell its blood transfusion device in Kenya and Ghana, CEO Carolyn Yarina said.

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Protenus, the health care industry’s most robust, analytics-driven solution for detecting inappropriate activity in the electronic health record, is excited to announce that its Co-Founder and President, Robert Lord, has been selected as a New America Cybersecurity Policy Fellow for the 2017-2018 cohort. This fellowship brings together the world’s top cybersecurity leaders from private industry, academia, journalism, the public sector, and the military to envision and build the future of cybersecurity.

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Sucampo Pharmaceuticals, Inc. (Sucampo) (NASDAQ:SCMP), a global biopharmaceutical company, today announced that the U.S. Food and Drug Administration (FDA) has accepted for filing its recently submitted supplemental New Drug Application (sNDA) for lubiprostone (AMITIZA®) in children aged 6 to 17 years with pediatric functional constipation. The filing has received Priority Review designation from the FDA.

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Next month, we will start a series of workshops for academic scientists. If you always wanted to learn Organ-on-a-Chip techniques, you can now do so, straight from the developers, in just two days. You’ll return with two OrganoPlates®, to get you started in the comfort of your own lab.

Our colleague Karlijn Wilschut developed a method for high-content analysis of 3D neurons in the OrganoPlate®, in collaboration with Molecular Devices. This excellent application note is the result.

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Emergent BioSolutions Inc. (EBS) today announced that it has completed a new five-year, $200 million syndicated senior secured credit facility. This new facility replaces and represents an increase from the Company’s prior $100 million facility, which was scheduled to expire in December 2018. The new facility enhances the Company’s financial flexibility, providing increased capacity to drive growth through strategic acquisitions along with working capital as needed.

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REGENXBIO Inc. (Nasdaq:RGNX) today announced that Dimension Therapeutics, Inc. (Nasdaq:DMTX) notified REGENXBIO that it has determined that it has received a “superior proposal” as defined in the merger agreement under which REGENXBIO would have acquired Dimension in an all-stock transaction for an implied value of approximately $3.41 per share based on the closing stock price of REGENXBIO stock on August 24, 2017.

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Johns Hopkins Technology Ventures kicked off its inaugural cohort of healthcare startups last month with a focus on connected health and fitness. Called M-1 Ventures, a reference to first-year medical students, the accelerator represents a change of strategy for cultivating early stage companies. Although Johns Hopkins previously collaborated with Dreamit Ventures, it was interested in developing an accelerator on its own. To that end it formed regional alliances with the University of Maryland, Village Capital., and the family office of Baltimore-based Under Armour CEO and Chairman Kevin Plank — Plank Industries.

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Baltimore has the potential to be a city that is truly hospitable to small business growth, with all the economic benefits of jobs and tax revenue such growth would bring. But for new and established small businesses to thrive, the city needs a financing system with capacity to meet their needs.

Capital is certainly not the only ingredient necessary for successful business growth, but it is a critical input. If companies lack access to appropriate types of capital at critical stages of growth, they are likely to never take off and achieve scale, or even worse, to go out of business or leave Baltimore and relocate where financial support is more readily available, depriving the local economy of jobs and economic growth.

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From catching Pokémon in the real world to donning a virtual reality headset to see and feel what it was like to scale the Berlin Wall before its fall, advancements in immersive media have set the stage for the next digital revolution. The University of Maryland will lead this revolution with the launch of the Mixed/Augmented/Virtual Reality Innovation Center, called MAVRIC, which has been awarded a $500,000 grant from the U.S. Department of Commerce Economic Development Administration (EDA).

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Building on a 30-year relationship with Children’s National, Costco Wholesale has pledged $25 million to ensure that children in the Washington area will continue to have access to expert pediatric care. In recognition of their longstanding support, Children’s National is naming the hospital’s main atrium the Costco Wholesale Atrium.

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The creators of six innovative pediatric devices received a total $250,000 in prize money at the fifth annual Pediatric Device Innovation Symposium, co-located this year at AdvaMed’s The MedTech Conference in San Jose, Calif.

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This Funding Opportunity Announcement is a Broad Agency Announcement (BAA). It is continuously open for a 5-year period, from October 1, 2017 through September 30, 2022, 11:59 p.m. Eastern Time.

The USAMRMC mission is to provide solutions to medical problems of importance to the American Service member at home and abroad, as well as to the general public at large.

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Advances in biotechnology and synthetic biology over the past decade have the potential to address important societal challenges in food, energy, and medicine. But these technological advances come with the potential for their deliberate or accidental misuse, warranting the development of approaches to help prevent the creation of biothreats.

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The MdBio Foundation, a non-profit that provides STEM education and workforce development to underserved communities, is celebrating its 16th school year of delivering innovative, hands-on science, technology, engineering and math (STEM) education to students aboard mobile laboratories. During the 2017-18 school year, the foundation will debut its new Mobile eXploration Lab (MXLab), the largest mobile laboratory of its kind in the U.S., at high schools across the state of Maryland, and begin offering a new mobile program for middle schools in Washington, D.C., through a $1.36 million grant from the Verizon Foundation.

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EAGB has moved to the Silo Point building in Locust Point! Please be sure to update your records with our new address.

1200 Steuart St, Suite C1B Baltimore, MD 21230

Our completely new site is up and running! Thank you for your patience as we rebooted.

CLICK HERE TO EXPLORE

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CureSearch for Children’s Cancer announced the application launch for a $2 million to $5 million (USD) Catapult Impact Fund Award opportunity. The award will support the advancement of clinical research to improve outcomes for pediatric cancer patients.

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The Washington Business Journal’s annual Innovation Awards honor 15 Greater Washington companies, agencies and teams working to keep the metro on the cutting edge in tech, health care, cybersecurity and more.

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Radiology is facing rapid change on many fronts—technology is more complex than ever, more IT tools are being developed to support radiologists and new economic forces are changing the financial dynamics for those working in this important branch of medicine. Despite the challenges, Health Data Management has identified several leaders in the field who are finding ways to exploit new technology to improve the effectiveness and efficiency of the radiology department.

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Six companies presenting innovative medical device solutions that address significant unmet needs in pediatric health were awarded a total of $250,000 in grant money yesterday

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Let me be clear: I believe strongly in the need for substantive, consumer-centric transformation of the health care system and have been a long-term proponent of the power of entrepreneurs to catalyze and drive these difficult changes.

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Everyone knows that entrepreneurship is risky. In light of recent news about a possible sale or merger of 1776, I wonder if the greater Washington region is indeed remembering what everyone knows.

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ADDC and ASPET are joining together again for the 2nd Colloquium on Academic Drug Discovery. We are calling this meeting “Fueling Innovation: Public Programs Driving Drug Discovery” and holding it as a standalone event on the NIH campus in Bethesda, MD on October 12, 13, 2017. The first collaborative event held by these two scientific societies in April 2016 and was a terrific success.

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Wednesday, October 18 – Friday, October 20, 2017 at the MC Bioscience Education Center in Germantown, MD.

Bio-Trac® Training Programs is currently accepting preregistrations for our 2017 hands-on training workshops. Preregistration is strongly encouraged due to our small class sizes. Simply provide the few required details below and indicate applicable course(s). We will contact you directly with complete details upon receipt of your preregistration.

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Biotech/Health execs play for a small $50 donation in the tournament that will benefit Zaching Against Cancer Foundation organization.

Welcome to the 2017 Biotech / Health Invitational, a DogDenGolf managed event that is being supported by top executives at Medimmune, other Biotechnology / Health companies and Vendors in the region. This year’s event will be held on October 23, 2017, at Cattail Creek Country Club in Glenwood, MD and will determine the Biotech / Health Executive Golfers of the Year.

Proceeds from this event will benefit Zaching Against Cancer Foundation (ZACF), a 501(c)(3) non-profit foundation established to provide support to cancer patients and their support networks through scholarships, research and outreach. Money raised by ZACF goes toward several college scholarships, an internship and donation to cancer research and outreach organizations.

For more information, visit their websites at www.zachingagainstcancer.org.

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TEDCO’s 7th Annual Entrepreneur Expo will bring together all of Maryland’s entrepreneurial resources from across the state into one place, at one time.

You can expect to see 700+ of the region’s top entrepreneurs, small and large business executives, angel and venture capital investors, federal and state economic development officials, university leaders and legislators.

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Institute for Bioscience & Biotechnology Research 9600 Gudelsky Drive Rockville, MD, Maryland 20850

Wednesday, October 4, 2017 from 6:00 PM to 8:00 PM (EDT)

As physicians, scientists and entrepreneurs, sometimes we believe that we can do it all, only to find out that our attempts at practicing law, accounting or financial strategy are many times misguided. Come and learn from experts in the field about the obstacles and opportunities that are ahead of you and how best to navigate these choppy waters!

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