501st Edition, March 29, 2022

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March 29, 2022

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QIAGEN reaches milestone with 100 million QuantiFERON tests used to detect TB

HILDEN, Germany & GERMANTOWN, Md.–(BUSINESS WIRE)– QIAGEN N.V. (NYSE: QGEN; Frankfurt Prime Standard: QIA) today marked World TB Day by announcing its QuantiFERON blood test has been used to screen patients for tuberculosis (TB) infection more than 100 million times since its launch – an achievement that cements its status as the gold standard in the fight against this contagious and often deadly disease.

Used to test patients in over 130 countries, the fourth generation QuantiFERON®-TB Gold Plus assay identifies interferon-gamma released by T-cells following recognition of TB specific antigens as a marker of TB infection. Interferon gamma release assays (IGRA) require only one patient visit to a healthcare provider and are more accurate than the traditional two-visit skin test that has been used for over a century to detect the latent form of the infection.

NextStep Robotics Chooses University of Maryland BioPark for Headquarters | UM BioPark

BALTIMORE, MD, March 24, 2022 – The University of Maryland (UM) BioPark today announced its newest tenant, NextStep Robotics Inc., a therapeutic device and robotics company creating advanced solutions to alleviate and eventually eliminate foot drop symptoms. NextStep, a company based on technology licensed from University of Maryland, Baltimore (UMB), will use its new 3,600-sq. ft. space to build out its manufacturing capabilities as well as a state-of-the-art biomechanics laboratory including advanced motion analysis systems.

“We are thrilled that NextStep Robotics selected the BioPark as their headquarters,” said Jane Shaab, associate vice president for economic development UMB and executive director of the BioPark. “Being located on UMB’s campus, the BioPark creates prime opportunities for our tenants to partner with and access the University’s incredible researchers, medical facilities, and resources.”

The BioHealth Capital Region Maryland 4th,DC 1st, and Virginia 6th” ranks as a Top Region for Innovation

Although it’s not yet a state, DC was recognized in a new report as the country’s most innovative state, while its northern neighbor of Maryland landed three spots down at fourth place.

The report from WalletHub, a DC-based financial advice site, concluded that the district embraces economic and technological creativity more than any of the 50 actual states. Titled 2022’s Most & Least Innovative States, the study found that DC continues to grow innovation in its education, funding, research and new business creation realms. Meanwhile, Maryland came in at #4 and Virginia at #6 — a testament to the tech sector’s strength throughout the DMV and beyond — while Massachusetts and Washington state took the #2 and #3 spots.

Image: A visualization of WalletHub's findings. (Image via WalletHub report)

BHI’s next EIR Feedback Day is April 20

These free 1:1 virtual sessions are an opportunity to discuss your company with experts in diagnostics, therapeutics, digital health and medical devices. If you’re a growth-stage biohealth company looking for unbiased advice on your pitch deck, commercialization strategy, evidence development or entrepreneurial challenges, our EIRs can help.

To sign-up for any of the EIR dates in 2022, please follow this link.

Alexandria Real Estate Equities, Inc. to Join the National Medal of Honor Museum Foundation's Groundbreaking Ceremony Celebrating the Historic Mission-Critical Milestone in the Development of the National Museum

PASADENA, Calif., March 24, 2022 /PRNewswire/ — Alexandria Real Estate Equities, Inc. (NYSE: ARE), an urban office REIT and the first, longest-tenured and pioneering owner, operator and developer uniquely focused on collaborative life science, agtech and technology campuses in AAA innovation cluster locations, today announced that its executive chairman and founder, Joel S. Marcus, will be honored at the National Medal of Honor Museum Foundation's groundbreaking ceremony in Arlington, Texas, on Friday, March 25, 2022, to commemorate the historic mission-critical milestone in the development of the national museum. Representing Alexandria at the ceremony, Mr. Marcus, who serves on the board of directors of the National Medal of Honor Museum Foundation, will join other foundation board members, major museum donors, government officials and 15 Medal of Honor recipients to commemorate the foundation's remarkable progress toward its goal to build a permanent home for a new national museum in Arlington, Texas. The events will be livestreamed for the public to watch.

Apply to MedTech Innovator 2022 Showcase & Accelerator

MedTech Innovator is the largest and highest performing accelerator of medical technology in the world and the medtech industry’s premiere showcase and competition for innovative medical device, digital health and diagnostic companies.

Our alumni have brought 90 products to the market, had 21 acquisitions and gone on to collectively raise over $4.1B in follow-on funding
Fun fact – MedTech Innovator alumni closed $1.5B in funding across 99 companies in 2021 alone
Our accelerator is remote-friendly, having operated as a virtual program since 2015
We are a founder-friendly nonprofit and do not require equity or fees for participation
Companies that have raised up to a Series C are eligible to apply

Darryll J. Pines, President, University of Maryland, Visits with Rich Bendis on BioTalk

Darryll J. Pines, President, University of Maryland, Joins BioTalk to discuss all things relating the University to the BioHealth Capital Region from Quantum to Workforce Development to Diversity and Equality

Listen now on Apple https://apple.co/3Iq9gqf, Google https://bit.ly/37NHFms, Spotify https://spoti.fi/3KZNziz, Amazon https://amzn.to/3ImyYvP, and TuneIn https://bit.ly/3IrYakN

Darryll J. Pines serves as president of the University of Maryland as well as the Glenn L. Martin Professor of Aerospace Engineering.

Formerly the Nariman Farvardin Professor of Engineering and dean of UMD’s A. James Clark School of Engineering, where he has been on the faculty since 1995, Pines amassed a record of academic leadership and research accomplishments that have dramatically elevated the school’s rankings and stature nationally and internationally. In 2019, he was elected to the National Academy of Engineering for his “inspirational leadership and contributions to engineering education.”

Fund I report: 2021 year in review – Carta

For venture capital, more money has led to new challenges. With U.S. venture smashing records for funds raised and funds deployed in 2021, the sector has become more competitive on both sides of the table: Entrepreneurs are able to be more selective about who they invite onto their cap tables, and VCs are fielding increased demand from limited partners (LPs) who want access to venture deals at earlier stages.

What does this mean for the future of the U.S. venture ecosystem? One place to look for new trends is the formation of first funds by new venture firms, which are developing unique strategies to compete for early-stage deals.

Image: https://carta.com/

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