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BHI Weekly News Archives

463rd Edition, July 7, 2021

By BHI Weekly News Archives




BioHealth Innovation


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July 7, 2021












FOUNDING MEMBER OF



BioTalk with Rich Bendis welcomes Howard Carolan, CEO of CoapTech, and Neil Davis, Program Director at University of Maryland Baltimore

Howard Carolan, Co-Founder and CEO  of CoapTech, Inc., and Neil Davis, Program Director of the Biomedical Entrepreneurship Graduate Certificate program at the University of Maryland Baltimore (UMB), joins Rich Bendis to discuss Startups, Tech Transfer, and the Funding.

Listen now on Google https://bit.ly/36fStWr, Apple https://apple.co/2UpA0UO, Spotify https://spoti.fi/36igrjG, and TuneIn https://bit.ly/3hpCRpT.

Mr. Davis is currently Program Director of the Biomedical Entrepreneurship graduate certificate program at the University of Maryland Baltimore (UMB).  This unique 12 credit graduate certificate provides the student with an opportunity to learn the process of creating valuable intellectual property (IP) and moving it into commercial application.  This process begins with the creation of IP, continues to its licensing and the formation of a venture through the growth of the venture, and culminates with the monetization of that venture.

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BioHealth Innovation Appoints Jeff Boyle to Board of Directors

ROCKVILLE, MARYLAND, July 6, 2020 The Board of Directors of BioHealth Innovation, Inc. (BHI) unanimously approved the appointment of Jeff Boyle as a new board member. Jeff Boyle is the President of Ellume USA LLC and leads the team establishing the manufacturing operation and commercial headquarters in Maryland; and is responsible for all aspects of the North American business operation. Jeff has previously held leadership positions at CSL, Cellestis, and most recently with QIAGEN as a Global Franchise Head.

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MIMETAS and Roche Enter into a Collaboration to Develop Human Disease Models for Drug Development

LEIDEN, The Netherlands, July 06, 2021 / B3C newswire / — MIMETAS, a leader in organ-on-chip-based disease models and technology, and Roche, a world-leading pharmaceutical company, announced today that they have entered into a collaboration to develop human disease models to characterize novel compounds in inflammatory bowel disease (IBD) and hepatitis B virus infections (HBV). Under the terms of the agreement, MIMETAS is eligible to receive an upfront payment and milestone payments from Roche.

MIMETAS will be responsible for developing tissue-based disease models and assays in the OrganoPlate, its proprietary organ-on-chip platform that increases predictability of biomarkers and reduces animal use in scientific testing. Roche will gain access to technology, disease models, and scientific results. Roche will also receive an option to exclusively license specific disease models and assays for use in drug discovery.

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Qiagen and Sysmex Team up on Cancer Companion Diagnostics | mddionline.com

The companion diagnostics market is on track to reach $6.8 billion by 2025 (from $3.7 billion in 2020), according to a Markets and Markets report , driven by the growing need for targeted therapy, the rising importance of personalized medicine, the increasing global incidence of cancer, and a raging demand for next-generation sequencing (NGS). So it’s not surprising to see more and more alliances between pharmaceutical companies and diagnostics companies.

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Join us for the 7th Annual BioHealth Capital Region Forum – September 13-14, 2021 – Two Virtual Half-Days

 

The BioHealth Capital Region Forum is free Virtual 2 Half-Day event for executive-level biotech leaders. The theme of the forum this year is “Big Data…Big Data…Converging” with panels on Big Data in Biotech, nfectious Diseases, Developing Talent, Regional Real Estate, IP Analysis and Protection, Funding, and a Fire Side Chat with Dr. Anthony Fauci, NIAID Director.

The 7th Annual BioHealth capital Region Forum is organized by event partners – Association of University Research Parks, AstraZeneca, BioHealth Innovation, BRAINBox Solutions, Inc, Children’s National Hospital, Emergent BioSolutions, George Mason University, Johnson & Johnson Innovation – JLABS @ Washington, DC, Maryland Department of Commerce, and Virginia Bio. Maryland, Virginia, and Washington, DC set the bar high for biotech innovation. Please join us for our 7th Annual BioHealth Capital Region Forum that will highlight the accomplishments of today and chart our successes of tomorrow. We hope you’re able to join us!

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Accepting Applications for the 6th Annual Crab trap Competition

Registration is now open for the BioHealth Capital Region 6th Annual Crab Trap Competition. The Crab Trap this year will be held virtually in affiliation with the 7th Annual BioHealth Capital Region Forum with attendees receiving a link to watch live on September, 29th, 2021. Judges Sally Allain, Head, JLABS @ Washington, DC, Johnson & Johnson Innovation, Andrea Alms, Co-Fund Manager, BioHealth Capital Fund, Troy LeMaile-Stovall, Chief Executive Officer, TEDCO, Conley Jones, Senior Associate, Alexandria Venture Investments, and John Newby, Chief Executive Officer, Virginia Biotechnology Association, join Moderator, Rich Bendis, President and CEO of BHI, to choose one biohealth startup with the most commercial potential.

Companies interested in applying, please visit https://bit.ly/crabtrap2021 today.

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Vigene Biosciences closes deal to be acquired by Charles River Laboratories – Washington Business Journal

The firm helps gene therapy and vaccine companies develop and manufacture products for rare diseases.

Image: Vigene Biosciences, led by CEO Zairen Sun, right, and Chief Commercial Officer Jeffrey Hung, has been acquired. EMAN MOHAMMED

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Adaptive Phage Therapeutics Expands Board Following Series B Financing Led by Deerfield Management | Business Wire

GAITHERSBURG, Md.–(BUSINESS WIRE)–Adaptive Phage Therapeutics, Inc. (“APT”), a clinical-stage biotechnology company dedicated to providing therapies to treat infectious diseases, today announced the appointment of Evan Loh, M.D., CEO of Paratek Pharmaceuticals, Inc. (NASDAQ: PRTK), Jonathan Leff, Partner at Deerfield Management, and Jana Jensen, Ph.D., Chief Operating Officer at Deerfield Discovery and Development, to the company’s Board of Directors.

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Ron Daniels’ tenure as Johns Hopkins University president extended through 2029 | Hub

Johns Hopkins University’s board of trustees has voted unanimously to add a new five-year term to the presidential tenure of Ron Daniels, an extension through June 2029 that “reflects the board’s full and unwavering confidence in the trajectory of our institution and its remarkable people—our students, faculty, staff, alumni, and friends—supported and sustained by President Daniels’ able leadership,” Lou Forster, the board’s chair, wrote in a message to the Hopkins community today.

Image: Johns Hopkins University President Ron Daniels speaks at the 10,000 Small Businesses graduation ceremony in Baltimore in November 2019. CREDIT:WILL KIRK / JOHNS HOPKINS UNIVERSITY

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Money Moves: It’s a big investment week for Frederick companies – Technical.ly Baltimore

This week, a pair of Frederick companies raised millions in new investment, offering evidence of the Maryland city’s growing role as one of the region’s tech hubs. Check out the specifics on those companies and more:

Image: Frederick, Maryland. (Courtesy photo)

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DC Region’s Life Sciences Sector Is on the Rise – Commercial Observer

Go pakh your cahr, Boston. Grab some granola, California. It’s D.C.’s moment in life sciences.

For years, the Washington metropolitan area has been one of the nation’s fastest-growing and largest life sciences markets. Growth during the pandemic and the market’s singular location are launching it into a whole other stratosphere.

Image: ST. JOHN PROPERTIES’ MATT HOLBROOK AT RIVERSIDE TECH PARK IN FREDERICK. PHOTO: BY ST. JOHN PROPERTIES

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Kinexum ATTD 2021 report.pdf(Shared)- Adobe Document Cloud
  • This document has been redacted by Sam Collaudin, Kinexum Business Strategy Consultant, independently from any pharmaceutical and biotech companies
  • It synthesizes selected data presented during the ATTD 2021 conference
  • Grey rectangles are personal comments and opinions, underlined words are clickable links to other slides or external references
  • If you have comments, please contact me by email (samcollaudin@kinexum.com)
  • Disclosure: Business strategy consultant at Modular Medical, CEO of Abvance Kinexum , consultant for Therapeutics, chairman of a non for profit French health care insurance company (Groupe Operating Since 2003 Uitsem)

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Boston University Center for Emerging Infectious Diseases Policy & Research Announces New Partnership with CONNECTED DMV · BioBuzz

We are excited to announce a partnership between CEID and CONNECTED DMV. We will be cooperating with CONNECTED DMV in their Pandemic Prevention and Biodefense Initiative and serve as a key partner in the Global Pandemic Prevention and Biodefense Center and AHEAD100 initiative.

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Coronavirus (COVID-19) Update: July 2, 2021 | FDA

The U.S. Food and Drug Administration (FDA) continued to take action in the ongoing response to the COVID-19 pandemic:

Today, the FDA authorized the use, under the emergency use authorization (EUA) for the Janssen COVID-19 vaccine, of an additional batch of vaccine drug substance manufactured at the Emergent facility. To date a total of four batches of Janssen drug substance that were manufactured at the Emergent facility have been authorized. The FDA conducted a thorough review of facility records and the results of quality testing performed by the manufacturer. Based on this review and considering the current COVID-19 public health emergency, the FDA has concluded that these batches are suitable for use. While the FDA is not yet ready to include the Emergent BioSolutions plant in the Janssen EUA as an authorized manufacturing facility, the agency continues to work through issues there with Janssen and Emergent BioSolutions management.

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Sands Capital, Accolade Partners and more funds are raising money. Here’s what’s driving it. – Washington Business Journal

In Greater Washington, we spotlight these VC firms raising new funds or adding dollars to their existing ones.

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Life Sciences Markets Eye ‘Transformative’ New Federal Investments

Arriving in Washington in the midst of a pandemic, the Biden administration has been laser-focused on funding life sciences, announcing support for the onshoring of crucial manufacturing and proposing vast increases in National Institutes of Health funding and the creation of ARPA-H, a new multibillion-dollar applied research center for the health sciences.

Image: Courtesy of Central Indiana Corporate Partnership Congress has passed a series of bills that may send billions of dollars of funding to life sciences clusters across the country.

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Top 8 Best-Selling COVID-19 Vaccines and Drugs of Q1 2021

By the end of this week, the world should cross two small but significant milestones on the road to overcoming COVID-19—getting at least 5% of the global population fully vaccinated against SARS-CoV-2, with at least 10% receiving one dose of vaccines that require two.

According to Our World in Data, a collaboration of the Oxford Martin Programme on Global Development at the University of Oxford and the nonprofit Global Change Data Lab, 376,173,766 people were fully vaccinated as of May 20 (4.8% of global population), while 739,208,299 people had received one dose (9.5%).

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Seven Up-and-Coming COVID-19 Drugs

Thanks to unprecedented development speed and mostly strong safety and efficacy data, vaccines have dominated the response to COVID-19. But ending the pandemic will also require development of numerous therapeutics.

Seven COVID-19 drugs have shown promise recently. Positive signs include the accumulation of encouraging data, participation in the Accelerating COVID-19 Therapeutic Interventions and Vaccines (ACTIV) trials, and/or progress toward regulatory authorizations.

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Startup Professionals Musings: 6 New Venture Realities To Target Your Funding Effort

Entrepreneurs who require funding for their startup have long counted on self-accredited high net worth individuals (“angels”) to fill their needs, after friends and family, and before they qualify for institutional investments (“VCs”). The many crowd funding platforms on the Internet, led still by Kickstarter and IndieGoGo, were expected by many to put regular people in charge of funding new opportunities, and kill the need for angel groups.

Image: https://blog.startupprofessionals.com

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Copyright © BioHealth Innovation 2021
All Rights Reserved.



462nd Edition, June 29, 2021

By BHI Weekly News Archives




BioHealth Innovation


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June 29, 2021












FOUNDING MEMBER OF



Cartesian Therapeutics President & Chief Executive Officer, Murat Kalayoglu, MD, PhD, Returns to BioTalk

Dr. Murat Kalayoglu, President and CEO at Cartesian Therapeutics, provides an update since his last visit on their cell and gene therapies, as well as fundraising successes.

Listen now on Apple https://apple.co/2SuVe2M, Google https://bit.ly/35Uq6wV, Spotify https://spoti.fi/3w3d7nd, or TuneIn https://bit.ly/2U9zYjL

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Life Science Company MaxCyte Relocating HQ to Rockville, Md. – Commercial Observer

MaxCyte, a life science company specializing in cell-engineering technology, is relocating from Gaithersburg, Md., to Rockville, Md., Commercial Observer has learned.

The company signed a 13-year, 67,000-square-foot lease at 9713 Key West Avenue, a five-story, 120,000-square-foot office building, with landlord Beckham Gumbin Ventures.

Image: 9713 KEY WEST AVENUE. PHOTO: BY EDGE

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CEO Talks Series, featuring Immunomic CEO Bill Hearl

UNITE, A comprehensive immuno-oncology approach

}https://www.youtube.com/watch?v=HmkDu4qK2aM

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TEDCO and JLABS Discuss Innovation and Workforce Diversity in Maryland · BioBuzz

TEDCO recently launched ‘TEDCO Talks’, a series featuring thought leaders in economic development across the State of Maryland. On May 28th, TEDCO CEO & Executive Director, Troy LeMaile-Stovall interviewed Sally Allain, Head of JLABS @ Washington DC, about the future of the innovation ecosystem and the crucial role that JLABS will play in advancing the BioHealth Capital Region. It was extremely uplifting to hear the leaders of the two powerhouses discuss solutions on issues ranging from pandemic preparedness and healthcare inequality to diversity in the workforce.

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2021 Life Sciences Workforce Trends Report

The life sciences industry has been asked to play the lead role in delivering innovative solutions to the world’s pandemic challenges; but like other sectors, is not insulated from these disruptive societal and workplace impacts. And while far from finished, the industry is meeting the moment—delivering on biomedical innovations to mitigate and ultimately end the global pandemic; continuing its role as economic stalwart countering economic downturns with hiring and continued growth; adjusting to the turmoil of remote operations; advancing varied and creative diversity and inclusion initiatives; and partnering with educators to advance the science, technology, engineering, and math, or “STEM” talent needs of the industry as well as enhancing its diversity. This is a daunting agenda for any industry, let alone in a single year, and this report works to take stock of the industry’s position and strategic priorities in 2021, with a primary focus on its demands for workforce and talent, arguably the most critical ingredient for addressing this bold agenda.

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Children’s National scientists shortlisted for funding | Children’s National

A diverse, global team of scientists, led by University College of London and Children’s National Hospital/George Washington University, has been selected for the final stages of Cancer Grand Challenges – and is in with a chance of securing a share of £80 million (c.$111 million) of funding to take on one of cancer’s toughest problems.

Nearly 170 teams submitted ideas for this round of awards, and the NGTC team, which stands for ‘Next Generation T-cell therapies for childhood cancers, led by Martin Pule, Ph.D., University College of London, and Catherine Bollard, M.B.Ch.B., M.D., Children’s National Hospital and George Washington University, is one of 11 shortlisted groups.

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Emmes Selected as an Area Top Workplace by The Washington Post for a Fifth Year | Emmes

Emmes today announced that it was selected as one of the best places to work in the greater Washington area. This is the fifth time that the company has been chosen as a top workplace by The Washington Post, whose rankings are based on the highest employee engagement ratings.

The Post’s 2021 Top Workplaces list included a wide range of organizations, including government contractors, law and real estate firms, professional and business services firms, and technology companies.

The Post partnered with employee engagement firm Energage, LLC, to conduct the survey, asking employees about the companies they work for on topics ranging from employee development to innovation. More than 3,500 area companies were invited to participate, representing over 65,500 employees. Emmes was selected as a top workplace in the large company category.

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New rapid COVID testing options coming to Delta; Purchase and pack for smooth U.S. re-entry | Delta News Hub

Delta customers now have more ways to meet COVID-19 test requirements introduced by the U.S. Centers for Disease Control and many international governments during the pandemic. Convenient and accurate in-home rapid antigen tests that can be shipped directly to a home address or picked up locally are now available for purchase on delta.com.

“Even as the U.S. achieves widespread immunity through vaccinations, many international countries lag behind the U.S. in vaccination rates. Testing and proof of a negative test result within 72 hours of travel remain core components for entry to many international destinations as well as to return to the U.S. during the global pandemic,” said Henry Ting – S.V.P. & Chief Health Officer. “These new purchase and pack COVID-19 tests offer a convenient option to provide proof of a negative test result and enable a seamless experience for our customers.”

 

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More than 290 biotech leaders sign declaration in favor of preserving IP rights

Many of you are following the ongoing effort by some political leaders to strip our scientific intellectual property rights pertaining to vaccines and treatments for COVID-19. This proprietary science and technology was developed by our scientists working day and night at great financial risk to our companies.

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Aifred Health is #2 in the WORLD in the Global @IBM Watson AI XPRIZE!

It is with enormous pride and excitement that we announce that Aifred Health is #2 in the WORLD in the Global @IBM Watson AI XPRIZE!

I could not be prouder of the entire Aifred Health team and especially the four co-Founders Robert Fratila, Kelly Perlman, Sonia Israel and David Benrimoh, MD.,CM., MSc. whose vision and passion started us on this journey.

The US$1M prize will be used to accelerate the delivery of our AI technology in the field of #depression and to begin the work to apply our tech to other disease indications where personalize treatment choice is needed to deliver better outcomes to patients.

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Cloud’s trillion-dollar prize is up for grabs | McKinsey

Moderna CEO Stéphane Bancel made the decision to build his mRNA research-and-development platform on public cloud to create what he calls “software for life.”1 He used the cloud as a means to accelerate therapeutic discovery and development. When the COVID-19 pandemic hit, this strategy proved prescient. The company was well positioned to quickly design research experiments and to harness its automated laboratory and manufacturing processes and enhanced drug-discovery pipeline.

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How Did Silicon Valley Become Silicon Valley? by Endeavor – issuu

Three Surprising Lessons for Other Cities and Regions. Download the PDF: http://share.endeavor.org/pdf/HDSVBSV.pdf

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Governing Coastal Resources | Resource Panel

Coastal resources – including fish, minerals and energy – are critical to people, nature and the economy, and are a focus for the emerging sustainable blue economy agenda. It has long been recognized that a particular challenge in coastal areas is the management of land-based activities that generate detrimental impacts on coastal resources in the marine environment. Many of these pressures are negative externalities of land-based human activities that are not taken into account within existing resource-governance frameworks. Therefore, the development of improved approaches to land-sea governance that take account of how land-based activities affect the quality and availability of coastal resources is the focus of this report.

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Copyright © BioHealth Innovation 2021
All Rights Reserved.



461st Edition, June 21, 2021

By BHI Weekly News Archives




BioHealth Innovation


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June 21, 2021












FOUNDING MEMBER OF



You’re invited to 2021 BioHealth Capital Region Virtual Forum

This event is free for executive-level biotech leaders and is presented by the  Association of University Research Parks, AstraZeneca, BioHealth Innovation, BRAINBox Solutions, Inc, Children’s National Hospital, Emergent BioSolutions,  George Mason University, JLABS, Maryland Department of Commerce, and Virginia Bio. Maryland, Virginia, and Washington, DC set the bar high for biotech innovation. So please join us for our 7th Annual BioHealth Capital Region Forum that will highlight the accomplishments of today and chart our successes of tomorrow. We hope you’re able to join us!

Monday, September 13, 2021 8:00 AM 2021 BioHealth Capital Region Virtual Forum

Register Now!

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Baltimore’s Protenus raises $21 million Series D round – Baltimore Business Journal

“The Protenus team is excited to continue to scale and set a high standard for how health systems ensure compliance,” CEO Nick Culbertson said in a statement.

Image: Nick Culbertson, CEO of Fells Point-based Protenus. ERIC STOCKLIN

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5 Questions about Andy Eckert, BioHealth Nomad · BioBuzz

“5 Questions With…” is a weekly BioBuzz series where we reach out to interesting people in the BioHealth Capital Region and Greater Philadelphia to share a little about themselves, their work, and maybe something completely unrelated.

Well, we decided to shake things up. Instead of publishing an interview-style “5 Questions With…” featuring one of our community members, we asked our community “5 Questions About” our very own Andy Eckert.

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Veralox Therapeutics Announces Closing Of $16.6 Million Series A Financing And Announces New Board Members

FREDERICK, Md., June 16, 2021 /PRNewswire/ — Veralox Therapeutics, a biotechnology company developing first-in-class small molecule therapeutics that treat the underlying pathologies of diseases with significant unmet medical needs, today announced the closing of a $16.6 million Series A financing. The round was led by Hatteras Venture Partners with participation from Genesys Capital, Point Field Partners and Alexandria Venture Investments as well as support from previous Veralox investors including Sanofi Ventures, JDRF T1D Fund, Maryland Momentum Fund, VTC Innovation Fund and TEDCO. The Company also announced that Ben Scruggs, PhD, principal at Hatteras Venture Partners, and Jamie Stiff, MBA, managing director at Genesys Capital, will join the Veralox Therapeutics board of directors.

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Children’s National among US News’s Best Children’s Hospitals | WTOP

A D.C. hospital has once again scored well in U.S. News & World Report’s annual ranking of the nation’s best children’s hospitals.

And the one ranked second-best overall is just a few hours away.

Children’s Hospital of Philadelphia ranked second in the annual U.S. News Honor Roll, with D.C.’s Children’s National Hospital not far behind at seventh overall.

Dr. Kurt Newman, the president and CEO of Children’s National, noted that it marks the fifth year in a row that Children’s National has been ranked among the top 10 nationwide.

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Johns Hopkins Technology Ventures Boosts Maryland Life Sciences · BioBuzz

Johns Hopkins Technology Ventures (JHTV) has had a significant impact on the Maryland life sciences ecosystem since its founding in 2014, assisting with hundreds of licensed therapeutics in development and backing nearly 200 startups that have collectively nearly $3 billion in venture capital funding, 30% of which has remained in the state.

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MIMETAS – Seeking Operations Manager – Immediate Opening

Starting immediately, the Dutch biotech company Mimetas is looking for an Operations Manager for its office in Gaithersburg,MD, USA. In this new role, you will work together with the Scientific and Commercial teams in the US, and our Finance and Logistics teams in the Netherlands. You will manage the operational and financial aspects of our two US subsidiaries and play a role in the growth of our company in the US. Do you have experience as an Operations Manager with analytical and financial skills, and do you want to work in an international environment? Then join our dynamic and fast-paced team now!

Click here to learn more.

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Laboratory Technician – RNA Therapeutics Development in Gaithersburg, Maryland | BioBuzz Job Board

Starting immediately, miRecule, Inc. is looking for a Laboratory Technician to join its rapidly growing team in Gaithersburg, MD on the development of next generation RNA therapeutics to treat cancer and other diseases.

Job description:

As a Laboratory Technician at miRecule, you will be responsible for supporting antibody development platforms in our lead therapeutic programs. Your responsibilities will include:

  • Preparation of media and solutions as needed for expression and purification of recombinant antibodies and scFvs
  • Performing laboratory experiments to improve expression, purification, stability and affinity of recombinant antibodies and scFvs

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Maryland Governor Larry Hogan Named BIO’s Governor of the Year | BIO

Today, the Biotechnology Innovation Organization (BIO) presented Maryland Governor Larry Hogan with its 2021 Governor of the Year Award. Governor Hogan received the award virtually at BIO Digital 2021.

With the annual award, BIO honors governors for their leadership in public service, commitment to public health, and dedication to strengthening the biotechnology sector in their state. For over a decade, the long-standing award has recognized governors from across the country and both sides of the aisle.

Image: https://en.wikipedia.org/wiki/Larry_Hogan

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SBA Amends SBIR/STTR Policy Directive, Clarifying Broad Phase III Eligibility For the Successors-In-Interest of Phase II Recipients – Ward & Berry PLLC

The U.S. Small Business Administration recently made important clarifications to its Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Policy Directive, giving the industry more certainty about whether and when a successor-in-interest to a Phase I/Phase II SBIR/STTR awardees is eligible for Phase III awards.

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Biden administration to invest $3.2 billion for Covid-19 antiviral pills

WASHINGTON — The Biden administration announced a $3.2 billion plan Thursday to build up the country’s supply of drugs to treat Covid-19 and future viral threats.

The plan, called the Antiviral Program for Pandemics, will spur clinical trials and the manufacturing of promising treatments for Covid-19, with the goal of gaining authorization from the Food and Drug Administration for some antivirals and making them available to the public within a year, the Department of Health and Human Services said in a statement.

Image: https://www.nbcnews.com – From Video

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Time to make essential medicines within the United States

The COVID-19 pandemic has revealed many problems in American society ranging from public health and racial disparities to economic challenges and supply chain limitations. As was true with many nations around the world, the United States was caught without a detailed plan for dealing with a pandemic. Hospitals were unprepared for the deluge of patients and health care providers did not have access to the supplies they needed to protect themselves. State and national leaders provided mixed cues on how to shut down and when to reopen, and there continue to be sharp partisan differences in how people feel about wearing masks and getting vaccinations.

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Saving Lives with Autotransfusion

Join us Sunday, June 27 at 3:45 PM GMT for our next session of Saving Lives with Autotransfusion: Lessons from the Field—a Sisu Global webinar series where clinicians speak about their experience using Hemafuse in surgery and other global health issues.

 

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Bipartisan group aims to harness America’s entrepreneurial spirit in economic recovery, launch 320 new businesses annually

WASHINGTON – Today, U.S. Senators Chris Coons (D-Del.) and Tim Scott (R-S.C.) and U.S. Representatives Jason Crow (D-Colo.) and Troy Balderson (R-Ohio) introduced the Next Generation Entrepreneurship Corps Act to encourage new business and job creation in underserved communities through a competitive fellowship for entrepreneurs. With a six-year investment of $330 million, the bill will identify talented entrepreneurs through a national competition and directly support the creation of 320 new businesses each year.

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National Academy of Inventors

This is the annual report published by the National Academy of Inventors (NAI) and the Intellectual Property Owners Association (IPO) on top university patent holders. The Top 100 Worldwide Universities Granted U.S. Utility Patents in 2020 were compiled using data obtained from the U.S. Patent and Trademark Office (USPTO). The Top 100 highlights the vital role patents play in translating university research and innovation. Published annually by the NAI and IPO since 2013, the report ranks the top 100 universities named as the first assignee on utility patents granted by the USPTO during the 2020 calendar year.

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Seven Tips for Managing Procrastinators

Studying procrastination used to be a terrific way to avoid doing things I was supposed to be doing. It hasn’t been as much fun for me since one of the things I supposed to be doing was writing this column on how to manage procrastinators. Rats!

One thing I learned before I was distracted from my studies is that about 20 percent of adults identify themselves as chronic procrastinators. That is, they are habitually unable to perform tasks on time, even when there are serious consequences involved. Moreover, reports DePaul University psychology professor Joseph Ferrari, author of Still Procrastinating? The No-Regrets Guide to Getting It Done, the incidence of procrastination is pretty consistent across age cohorts, gender, and nationalities. As yet, procrastination researchers have not identified any “blue zones” — Shangri-las in which people not only live longer, but also never miss a deadline.

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Earth’s fifth ocean just confirmed | Live Science

The Earth has finally attained popular recognition for its fifth ocean, with a decision by the National Geographic Society to add the Southern Ocean around Antarctica to the four it recognizes already: the Atlantic, Pacific, Indian and Arctic oceans.

Although the designation of the frigid waters around the icy southern continent as a separate ocean has kicked around for almost 100 years and is widely used by scientists, until now it has not had popular backing.

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Home | About BHI | BHI News | Programs | Partners | Contact

Copyright © BioHealth Innovation 2021
All Rights Reserved.



460th Edition, June 15, 2021

By BHI Weekly News Archives




BioHealth Innovation


If you are having trouble viewing this email, please click here


June 15, 2021












FOUNDING MEMBER OF



You’re invited to 2021 BioHealth Capital Region Virtual Forum

This event is free for executive-level biotech leaders and is presented by the  Association of University Research Parks, AstraZeneca, BioHealth Innovation, BRAINBox Solutions, Inc, Children’s National Hospital, Emergent BioSolutions,  George Mason University, JLABS, Maryland Department of Commerce, and Virginia Bio. Maryland, Virginia, and Washington, DC set the bar high for biotech innovation. So please join us for our 7th Annual BioHealth Capital Region Forum that will highlight the accomplishments of today and chart our successes of tomorrow. We hope you’re able to join us!

Monday, September 13, 2021 8:00 AM 2021 BioHealth Capital Region Virtual Forum

Register Now!

Read More




Baltimore’s Protenus raises $21 million Series D round – Baltimore Business Journal

“The Protenus team is excited to continue to scale and set a high standard for how health systems ensure compliance,” CEO Nick Culbertson said in a statement.

Image: Nick Culbertson, CEO of Fells Point-based Protenus. ERIC STOCKLIN

Read More




5 Questions about Andy Eckert, BioHealth Nomad · BioBuzz

“5 Questions With…” is a weekly BioBuzz series where we reach out to interesting people in the BioHealth Capital Region and Greater Philadelphia to share a little about themselves, their work, and maybe something completely unrelated.

Well, we decided to shake things up. Instead of publishing an interview-style “5 Questions With…” featuring one of our community members, we asked our community “5 Questions About” our very own Andy Eckert.

Read More




Veralox Therapeutics Announces Closing Of $16.6 Million Series A Financing And Announces New Board Members

FREDERICK, Md., June 16, 2021 /PRNewswire/ — Veralox Therapeutics, a biotechnology company developing first-in-class small molecule therapeutics that treat the underlying pathologies of diseases with significant unmet medical needs, today announced the closing of a $16.6 million Series A financing. The round was led by Hatteras Venture Partners with participation from Genesys Capital, Point Field Partners and Alexandria Venture Investments as well as support from previous Veralox investors including Sanofi Ventures, JDRF T1D Fund, Maryland Momentum Fund, VTC Innovation Fund and TEDCO. The Company also announced that Ben Scruggs, PhD, principal at Hatteras Venture Partners, and Jamie Stiff, MBA, managing director at Genesys Capital, will join the Veralox Therapeutics board of directors.

Read More




Children’s National among US News’s Best Children’s Hospitals | WTOP

A D.C. hospital has once again scored well in U.S. News & World Report’s annual ranking of the nation’s best children’s hospitals.

And the one ranked second-best overall is just a few hours away.

Children’s Hospital of Philadelphia ranked second in the annual U.S. News Honor Roll, with D.C.’s Children’s National Hospital not far behind at seventh overall.

Dr. Kurt Newman, the president and CEO of Children’s National, noted that it marks the fifth year in a row that Children’s National has been ranked among the top 10 nationwide.

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Johns Hopkins Technology Ventures Boosts Maryland Life Sciences · BioBuzz

Johns Hopkins Technology Ventures (JHTV) has had a significant impact on the Maryland life sciences ecosystem since its founding in 2014, assisting with hundreds of licensed therapeutics in development and backing nearly 200 startups that have collectively nearly $3 billion in venture capital funding, 30% of which has remained in the state.

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MIMETAS – Seeking Operations Manager – Immediate Opening

Starting immediately, the Dutch biotech company Mimetas is looking for an Operations Manager for its office in Gaithersburg,MD, USA. In this new role, you will work together with the Scientific and Commercial teams in the US, and our Finance and Logistics teams in the Netherlands. You will manage the operational and financial aspects of our two US subsidiaries and play a role in the growth of our company in the US. Do you have experience as an Operations Manager with analytical and financial skills, and do you want to work in an international environment? Then join our dynamic and fast-paced team now!

Click here to learn more.

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Laboratory Technician – RNA Therapeutics Development in Gaithersburg, Maryland | BioBuzz Job Board

Starting immediately, miRecule, Inc. is looking for a Laboratory Technician to join its rapidly growing team in Gaithersburg, MD on the development of next generation RNA therapeutics to treat cancer and other diseases.

Job description:

As a Laboratory Technician at miRecule, you will be responsible for supporting antibody development platforms in our lead therapeutic programs. Your responsibilities will include:

  • Preparation of media and solutions as needed for expression and purification of recombinant antibodies and scFvs
  • Performing laboratory experiments to improve expression, purification, stability and affinity of recombinant antibodies and scFvs

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Maryland Governor Larry Hogan Named BIO’s Governor of the Year | BIO

Today, the Biotechnology Innovation Organization (BIO) presented Maryland Governor Larry Hogan with its 2021 Governor of the Year Award. Governor Hogan received the award virtually at BIO Digital 2021.

With the annual award, BIO honors governors for their leadership in public service, commitment to public health, and dedication to strengthening the biotechnology sector in their state. For over a decade, the long-standing award has recognized governors from across the country and both sides of the aisle.

Image: https://en.wikipedia.org/wiki/Larry_Hogan

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SBA Amends SBIR/STTR Policy Directive, Clarifying Broad Phase III Eligibility For the Successors-In-Interest of Phase II Recipients – Ward & Berry PLLC

The U.S. Small Business Administration recently made important clarifications to its Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Policy Directive, giving the industry more certainty about whether and when a successor-in-interest to a Phase I/Phase II SBIR/STTR awardees is eligible for Phase III awards.

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Biden administration to invest $3.2 billion for Covid-19 antiviral pills

WASHINGTON — The Biden administration announced a $3.2 billion plan Thursday to build up the country’s supply of drugs to treat Covid-19 and future viral threats.

The plan, called the Antiviral Program for Pandemics, will spur clinical trials and the manufacturing of promising treatments for Covid-19, with the goal of gaining authorization from the Food and Drug Administration for some antivirals and making them available to the public within a year, the Department of Health and Human Services said in a statement.

Image: https://www.nbcnews.com – From Video

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Time to make essential medicines within the United States

The COVID-19 pandemic has revealed many problems in American society ranging from public health and racial disparities to economic challenges and supply chain limitations. As was true with many nations around the world, the United States was caught without a detailed plan for dealing with a pandemic. Hospitals were unprepared for the deluge of patients and health care providers did not have access to the supplies they needed to protect themselves. State and national leaders provided mixed cues on how to shut down and when to reopen, and there continue to be sharp partisan differences in how people feel about wearing masks and getting vaccinations.

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Saving Lives with Autotransfusion

Join us Sunday, June 27 at 3:45 PM GMT for our next session of Saving Lives with Autotransfusion: Lessons from the Field—a Sisu Global webinar series where clinicians speak about their experience using Hemafuse in surgery and other global health issues.

 

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Bipartisan group aims to harness America’s entrepreneurial spirit in economic recovery, launch 320 new businesses annually

WASHINGTON – Today, U.S. Senators Chris Coons (D-Del.) and Tim Scott (R-S.C.) and U.S. Representatives Jason Crow (D-Colo.) and Troy Balderson (R-Ohio) introduced the Next Generation Entrepreneurship Corps Act to encourage new business and job creation in underserved communities through a competitive fellowship for entrepreneurs. With a six-year investment of $330 million, the bill will identify talented entrepreneurs through a national competition and directly support the creation of 320 new businesses each year.

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National Academy of Inventors

This is the annual report published by the National Academy of Inventors (NAI) and the Intellectual Property Owners Association (IPO) on top university patent holders. The Top 100 Worldwide Universities Granted U.S. Utility Patents in 2020 were compiled using data obtained from the U.S. Patent and Trademark Office (USPTO). The Top 100 highlights the vital role patents play in translating university research and innovation. Published annually by the NAI and IPO since 2013, the report ranks the top 100 universities named as the first assignee on utility patents granted by the USPTO during the 2020 calendar year.

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Seven Tips for Managing Procrastinators

Studying procrastination used to be a terrific way to avoid doing things I was supposed to be doing. It hasn’t been as much fun for me since one of the things I supposed to be doing was writing this column on how to manage procrastinators. Rats!

One thing I learned before I was distracted from my studies is that about 20 percent of adults identify themselves as chronic procrastinators. That is, they are habitually unable to perform tasks on time, even when there are serious consequences involved. Moreover, reports DePaul University psychology professor Joseph Ferrari, author of Still Procrastinating? The No-Regrets Guide to Getting It Done, the incidence of procrastination is pretty consistent across age cohorts, gender, and nationalities. As yet, procrastination researchers have not identified any “blue zones” — Shangri-las in which people not only live longer, but also never miss a deadline.

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Earth’s fifth ocean just confirmed | Live Science

The Earth has finally attained popular recognition for its fifth ocean, with a decision by the National Geographic Society to add the Southern Ocean around Antarctica to the four it recognizes already: the Atlantic, Pacific, Indian and Arctic oceans.

Although the designation of the frigid waters around the icy southern continent as a separate ocean has kicked around for almost 100 years and is widely used by scientists, until now it has not had popular backing.

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459th Edition, June 7 2021

By BHI Weekly News Archives




BioHealth Innovation


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June 7, 2021












FOUNDING MEMBER OF



Are we ready for the next pandemic? Because it’s coming | COMMENTARY – Baltimore Sun

As states ease COVID restrictions, more and more people post their vaccine selfies and the Centers for Disease Control and Prevention updates its mask guidance. It’s beginning to feel like the country is getting back to normal and, in many ways, we are. But the truth is that what we do now in this moment will determine whether we’ve learned the right lessons from the last year of a pandemic that’s cost the world more than 3 million lives.

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Maryland’s Life Sciences Market Needs More Spec Development To Compete With Massachusetts

The efforts to develop a Covid-19 vaccine accelerated the already strong demand for life sciences real estate in Maryland, and tenants now want lab space faster than developers can build it.

The market’s vacancy rate has fallen so low that life sciences companies often can’t find space that meets their time-sensitive needs, experts say, leading them to look to other markets.

Image: Courtesy of Matan Cos. A rendering of one of Matan Cos.’ Progress Labs buildings on the I-270 corridor.

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A new quantum computing hub is growing in Greater Washington — and could reap serious rewards – Washington Business Journal

In 1976, an Atari engineer named Ron Wayne took a 10% ownership stake in a new technology startup created by a pair of fellow co-workers, meant to serve as the tiebreaker in the ambitious triumvirate.

The enterprise showed early potential, but Wayne became concerned that should the young venture flounder, he would be personally liable for the company’s debts as well. So, he cashed out his 10% stake for $2,300.

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Baltimore’s Port Covington Project Looks To Life Sciences

A Maryland mega-development, initially pitched as a home for Under Armour, may now become a biotech cluster, according to developers.

The $5.5B Port Covington development on Baltimore’s waterfront has had several iterations; home to the athletic clothing firm, a cybersecurity center and then a development on pause during the coronavirus pandemic. But in an interview with the Baltimore Sun, Steven Siegel, a partner with Weller Development Co., suggested life sciences may be part of the company’s focus going forward.

Image: Courtesy of Weller Development Co. – A previous rendering of Port Covington; developers now see a future in constructing a life sciences hub.

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NIH needs additional EIR’s for SEED ….. Apply now

BioHealth Innovation, Inc. (BHI), is a Montgomery County innovation intermediary that translates market-relevant research into commercial success by bringing together management, funding, and markets. BHI is seeking two experienced life science professionals with product development and investment experience to join the BHI team to serve as a part-time Entrepreneurs-in-Residence (EIR) at the National Institutes of Health (NIH).

These positions will report to and work closely with our lead at the NIH Small business Education and Entrepreneurial Development (SEED) Office to support academic and small business innovators in their efforts to validate the potential health impacts of promising scientific discoveries and advance them into healthcare products that improve patient care and enhance health.

Click here to download the full job description.

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Connected DMV Released First Cross-Sector Regional Economic Development Strategy (REDS) 1.0 Report”

June 3, 2021 (Washington, D.C.)— The once-in-a-generation pandemic highlighted both the region’s continued lag in economic competitiveness and the absence of a cohesive and coordinated economic development strategy. The Regional Economic Development Strategy (REDS) initiative, launched by Connected DMV, has released the first regional cross-sector blueprint to advance economic opportunity and social equity in Greater Washington, the culmination of a year of work by the REDS Steering Committee.

Image: https://www.connecteddmv.org

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News Release from HHS.gov: HHS Launches First Venture Capital Partnership to Develop Transformative Technologies to Combat Future Pandemics, Other Health Emergencies

The U.S. Department of Health and Human Services (HHS) today unveiled a new type of public-private partnership that enables investments using venture capital practices. Through the BARDA Ventures program, the Biomedical Advanced Research and Development Authority (BARDA), part of the HHS Office of the Assistant Secretary for Preparedness and Response, is launching a partnership with the nonprofit organization Global Health Investment Corporation (GHIC) to accelerate development and commercialization of technologies and medical products needed to respond to or prevent public health emergencies, such as pandemics, and other health security threats.

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BHI EIR Feedback Day July 21st. Register Now!

Are you a biohealth start-up in Maryland, DC or Virginia seeking feedback on your biohealth business idea, pitch deck, or commercialization plan? Schedule your feedback session with BHI EIRs on one of the following dates. Pre-registration is required; Sign up here tinyurl.com/EIRfeedback

For questions/more information, contact BHI.

 

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The History and Growth of Research Institutions, with Special Guest Brian Darmody from the Association of University Research Parks | Insights | Ballard Spahr

This episode is the first of a new podcast series, where we will visit with different leaders striving to grow economic development in their areas or regions of interest. We will be discussing new initiatives, new models, the interest and investment in Technology Parks, Incubators and Accelerators as well as other creative economic development platforms being implemented throughout the country within public and private initiatives.

 

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Port Covington developers look to create nationally known biotech hub in South Baltimore – Baltimore Sun

As the first buildings at Port Covington begin to rise, the project’s developers have a vision for the mini-city sprouting on a South Baltimore peninsula as the nation’s next big biotech hub.

The waterfront neighborhood of apartments, offices, stores and parks now under construction could rival life sciences cores such as Cambridge, Massachusetts, and Mission Bay in San Francisco, members of the development team say.

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The D.C. region needs to repair a lack of trust to work together on economic development, a Connected DMV report argues – Washington Business Journal

The entire D.C. region is poised to work together on economic development efforts to reverse its widening gap between the rich and the poor, according to a group of government, business and academic leaders — but the hard part will be actually making all of the region’s localities play nice together.

Connected DMV, an organization of public and private sector officials assembled as the Covid-19 crisis unfolded, is out with its first stab at crafting a “regional economic development strategy,” released first to the Washington Business Journal on Thursday. As helmed by Fairfax County economic development head Victor Hoskins, the report makes some familiar arguments about the need for regional collaboration and lays out some discrete areas where officials can actually work together.

Image: Fairfax County Economic Development Authority CEO Victor Hoskins is leading Connected DMV’s efforts to build regional cooperation. JOANNE S. LAWTON

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Washington DC Health Innovation QuickFire Challenge – Challenge | JLABS

In diverse cities like the District of Columbia, health inequities are driven by systemic racial and socioeconomic disparities.[1] Underserved communities, including neighborhoods where most residents are people of color or where income disparities exist, are unjustly burdened with disproportionate comorbidities, negative health outcomes and obstacles to accessing care. [2]

According to a recent Health Equity Report by the District of Columbia Department of Health, the District’s mortality rate caused by leading diseases such as chronic heart disease, cancer, and diabetes outranked the United States’ rate in 2015.[3] These rates were even higher in the District’s Black and Hispanic residents compared to its White residents.[2]

 

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Baltimore’s startup community has a model. Now it needs to scale – Technical.ly Baltimore

Startups can’t stay in the early stage forever. While a young company can benefit from the early momentum of pitch wins and resources found in a community, it eventually must figure out its business model, and ultimately scale.

Hearing leading local investors describe Baltimore’s startup community at a Baltimore Innovation Week 2021 panel discussion dubbed “Strengthening Baltimore as a Hub for Innovation,” this reporter was left with the impression that the ecosystem as a whole feels a bit like a startup.

Image: Photo by Flicker user Phil! Gold

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5 ways Maryland excels in unmanned and autonomous systems | Maryland Business News

With dedicated facilities, a collaborative environment, and a talented workforce, Maryland is on the leading edge of a robust and rapidly growing unmanned vehicle community, which also includes robotics. Keep reading to see five ways Maryland excels in unmanned and autonomous systems.

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How One Biotech Company Narrowed the Gender Gap in Its Top Ranks

In 2007, there were five times as many men as women in officer roles at Genentech, and female directors (the level preceding officers) were leaving at twice the rate as their male counterparts. To achieve equitable representation among men and women in leadership positions and stem the flow of departing talent, we rethought and revised our recruiting, professional development, and succession planning processes. Today, because of those efforts and a top-down commitment to change, men and women are nearly equally represented among our overall employee population and in officer and director roles.

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458th Edition, June 1, 2021

By BHI Weekly News Archives




BioHealth Innovation


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June 1, 2021












FOUNDING MEMBER OF



Dr. Laurie E. Locascio, Vice President for Research at both the University of Maryland College Park and Baltimore, Joins Rich Bendis on a New Episode of BioTalk

Dr. Laurie E. Locascio, Vice President for Research at both the University of Maryland College Park and Baltimore, Visits BioTalk to Discuss Her Career, Tech Transfer, and the Two Institutions Working Together

Listen now on Apple https://apple.co/3oZKsNP, Google https://bit.ly/3vpYr1T, Spotify https://spoti.fi/2QZm3vd, and TuneIn https://bit.ly/2RQqs40.

Laurie E. Locascio, Ph.D., is the Vice President for Research at the University of Maryland, College Park and the University of Maryland, Baltimore.

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In Conversation: Montgomery County, Maryland Executive Marc Elrich · BioBuzz

Montgomery County (MOCO), Maryland, sits at the epicenter of biopharma growth, investment, and innovation that makes the BioHealth Capital Region (BHCR) one of the top bio clusters in the world. The past 15 or so months has seen the region’s biohealth momentum accelerate significantly, spurred on by the race to develop a SARS-CoV-2 vaccine, expansion in the cell and gene therapy sector, as well as increased activity around advanced biomanufacturing, among other positive indicators.

Image: https://biobuzz.io

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BHI NIH Entrepreneur-In-Residence Job Opening

BioHealth Innovation, Inc. (BHI), is a Montgomery County innovation intermediary which translates market-relevant research into commercial success by bringing together management, funding, and markets. BHI is seeking an experienced life science professional with venture investment experience to join the BHI EIR team and serve as a part time Entrepreneur-in- Residence (EIR) at the National Institutes of Health (NIH) for the National Institute on Aging (NIA).

This position will report to and work closely with our lead at the NIH Office of the Director, Office of Extramural Research and specifically support the portfolio of companies funded by NIA’s ~$130M annual investment in small businesses focused on Alzheimer’s disease & related dementias, disorders of aging and supportive technologies for senior living and care providers.

Click here for more information.

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Maryland Company Hits “Huge Milsetone” In Development of “HIV Funcional Cure”

Saw a familiar face on ABC News 7 tonight! Congrats to the American Gene Technologies International Inc. team on the first patient dosing in the #HIVCure Ph 1 trial.

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MIMETAS Opens Phenotypic Screening Center

LEIDEN, the Netherlands, May 27, 2021 / B3C newswire / — MIMETAS, the global leader in human-relevant organ-on-a-chip models, has just opened their Phenotypic Screening Center. The center facilitates large-scale screening campaigns on Organ-on-a-Chip models, a powerful technology that improves the human physiological relevance of cultured tissues by utilizing microfluidic techniques. In contrast to other Organ-on-a-Chip platforms, the MIMETAS OrganoPlate® technology offers the scalability and the throughput needed for drug discovery studies.

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NIH spinout raises millions to attack drug-resistant cancers with RNA. It has big plans. · BioBuzz

A local biotech has secured millions of dollars in new investments to take its RNA therapies for drug-resistant cancers to the clinic.

Gaithersburg’s miRecule Inc. has raised $5.7 million in fresh funding, CEO Anthony Saleh told us Monday, positioning the company to start human testing for its lead candidate to treat head and neck cancer.

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Biohealth Innovation – SBIR Virtual Office Hours (BHI and MCEDC) (June 9)

Are you and early stage company with innovative biohealth technology? Have you considered non-dilutive funding to advance your technology? Learn more about whether or not federal or state non-dilutive funding makes sense for you. Discuss potential strategies for success. Sign up for a free 1:1 advice and feedback regarding non-dilutive funding strategy and applications with BHI staff who have helped companies secured SBIR, STTR and other awards—at twice the national average win rate.

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Maryland Today | UMD, UMBC, Army Research Lab Announce $68M Cooperative Agreement to Accelerate AI, Autonomy

Anew partnership led by University of Maryland researchers has entered a cooperative agreement with the U.S. Army Research Laboratory (ARL) that could provide up to $68 million to drive advances in artificial intelligence and autonomy.

An interdisciplinary research team from UMD and the University of Maryland, Baltimore County (UMBC) aims to create a new generation of technologies and devices—from wearables to unmanned aircraft—able to intelligently work alone or in teams with other devices, as well as safely and effectively collaborate with their human operators in different environments.

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QIAGEN Partners With Mirati Therapeutics Inc. to Develop KRAS-G12C Companion Diagnostic for Non-Small Cell Lung Cancer (NSCLC) · BioBuzz

HILDEN, Germany & GERMANTOWN, Md.–(BUSINESS WIRE)– QIAGEN N.V. (NYSE:QGEN; Frankfurt Prime Standard:QIA) today announced a global collaboration with Mirati Therapeutics Inc. (NASDAQ:MRTX) to continue developing a tissue-based KRAS companion diagnostic to identify patients with cancers that have a KRASG12C mutation who may benefit from treatment with adagrasib, Mirati’s investigational, highly selective and potent oral small molecule inhibitor of KRASG12C.

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AURP Virtual BIO Health Caucus – Showcasing State Bio Economies – June 8, 2021 | 1:00 pm – 4:30 pm Eastern

The bio economy is booming across the U.S., and not just in Boston or San Francisco. States are witnessing a resurgence of life science research and technology commercialization. There is a boom of advanced manufacturing as construction of wet lab space takes place in research parks and tech incubators creating new space to attract and grow bio tech companies. Innovative federal and state policies are aiding in the emergence of bio tech entrepreneurs.

  • Discover which states are taking the lead in leveraging bio technologies
  • Examine ways the nation can safeguard the bio economy
  • Explore new federal and state opportunities for growing this critical tech sector

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BioFactura Announces Initiation of Phase I Study of BFI-751, a Stelara® (ustekinumab) Biosimilar | Business Wire

FREDERICK, Md.–(BUSINESS WIRE)–BioFactura, a leading developer of high-value biosimilar and biodefense drugs using its patented StableFastTM platform, announces today the initiation of a pivotal PK (pharmacokinetics) Phase 1 Clinical Trial for its Ustekinumab Biosimilar (BFI-751), to assess the effects on healthy human volunteers compared to the biologic medicine, Stelera®. This is the first time BFI-751 has been administered to humans, as authorized by the Ethics Committees in both Australia and New Zealand.

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5 Questions with Sue Carr, RPh, President and Founder, CarrTech, LLC · BioBuzz

“5 Questions With…” is a weekly BioBuzz series where we reach out to interesting people in the BioHealth Capital Region to share a little about themselves, their work, and maybe something completely unrelated. This week we welcome Sue Carr, RPh, President and Founder, CarrTech, LLC.

Sue Carr RPh is President and Founder of CarrTech LLC, a medical device company. CarrTech has developed, patented, and prototyped an all-in-one package one needle filter device to increase safety and compliance while reducing time and waste. Sue has over 30 years of experience in the pharmaceutical industry in retail management and clinical hospital pharmacy, specializing in ICU, ER, Oncology, and NICU.

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Five finalists in Make Your Medical Device Pitch for Kids competition – Today’s Medical Developments

Five finalists have been named in the prestigious annual “Make Your Medical Device Pitch for Kids!” competition presented by the National Capital Consortium for Pediatric Device Innovation (NCC-PDI). Representing innovations in electrophysiology devices that treat congenital heart disease (CHD) and arrhythmias in pediatric patients, these five finalists now have access to a pediatric accelerator program led by MedTech Innovator and will compete for a share of $150,000 in grant funding from the U.S. Food and Drug Administration (FDA) in the final virtual pitch event in September 2021. The pediatric pitch event is part of the 9th Annual Symposium on Pediatric Device Innovation, co-located with the MedTech Conference, powered by AdvaMed.

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The 15 Best Venture Capital Firms

There is no denying that the venture capital industry is red hot right now. When you open up websites like Forbes, Techcrunch, and Business Insider, it is almost impossible to miss all of the news about the biggest deals in Silicon Valley being made by these firms.

 

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The Top 25 Healthcare Investors of 2021 | GrowthCap

GrowthCap is pleased to announce The Top 25 Healthcare Investors of 2021. In our inaugural year for these awards, we wanted to bring forth and recognize not only the most experienced and talented investors in healthcare but also those that help advance innovation across the sector. Over 750 investors were considered. Whether in healthcare software, healthcare services, medical technologies, biotechnology, the connected patient experience, or other areas, the accomplished individuals who were ultimately selected have demonstrated a deep commitment to healthcare and as a result have succeeded both from a business standpoint as well as in having significant societal impact.

Image: https://growthcapadvisory.com

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Six principles biopharma companies can follow to leverage digital and analytics | McKinsey

As biopharma companies continue to cope with the COVID-19 pandemic and position themselves for recovery, digital and analytics can be a powerful tool in manufacturing and operations. It can drive the next wave of business optimization by transforming operational performance, shortening time to market, improving quality and yield, reducing supply chain volatility, and accelerating technology transfers.

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BIO KOREA 2021 International Convention to Unlock the Secret of Future Technologies | Business | The Daily News

As one of the most important global bio-health conventions, BIO KOREA 2021 International Convention has garnered great attention from home and abroad. To facilitate the discussion on the future bio-health industry in the ‘COVID-19 era’, the BIO KOREA 2021 to be held on June 9 to 21 will evolve around the theme of “New Normal: Breaking Barriers with Bio Innovation”.

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Study upgrades one of the largest databases of neuronal types

A study led by researchers from the Institute Cajal of Spanish Research Council (CSIC) in Madrid, Spain in collaboration with the Bioengineering Department of George Mason University in Virginia, U.S. has updated one of the world’s largest databases on neuronal types, Hippocampome.org.

The study, which is published in the journal PLOS Biology, represents the most comprehensive mapping performed to date between neural activity recoded in vivo and identified neuron types. This major breakthrough may enable biologically meaningful computer modeling of the full neuronal circuit of the hippocampus, a region of the brain involved in memory function.

Image: https://medicalxpress.com

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BHI EIR Feedback Day May 26th. – Register Now!

Are you a biohealth start-up in Maryland, DC or Virginia seeking feedback on your biohealth business idea, pitch deck, or commercialization plan? Schedule your feedback session with BHI EIRs on one of the following dates. Pre-registration is required; Sign up here tinyurl.com/EIRfeedback

For questions/more information, contact BHI.

 

Read More



Home | About BHI | BHI News | Programs | Partners | Contact

Copyright © BioHealth Innovation 2021
All Rights Reserved.



457th Edition, May 25, 2021

By BHI Weekly News Archives




BioHealth Innovation


If you are having trouble viewing this email, please click here


May 25, 2021












FOUNDING MEMBER OF



BHI NIH Entrepreneur-In-Residence Job Opening

BioHealth Innovation, Inc. (BHI), is a Montgomery County innovation intermediary which translates market-relevant research into commercial success by bringing together management, funding, and markets. BHI is seeking an experienced life science professional with venture investment experience to join the BHI EIR team and serve as a part time Entrepreneur-in- Residence (EIR) at the National Institutes of Health (NIH) for the National Institute on Aging (NIA).

This position will report to and work closely with our lead at the NIH Office of the Director, Office of Extramural Research and specifically support the portfolio of companies funded by NIA’s ~$130M annual investment in small businesses focused on Alzheimer’s disease & related dementias, disorders of aging and supportive technologies for senior living and care providers.

Click here for more information.

Read More




BHI EIR Feedback Day May 26th. – Register Now!

Are you a biohealth start-up in Maryland, DC or Virginia seeking feedback on your biohealth business idea, pitch deck, or commercialization plan? Schedule your feedback session with BHI EIRs on one of the following dates. Pre-registration is required; Sign up here tinyurl.com/EIRfeedback

For questions/more information, contact BHI.

 

Read More




miRecule Inc. closes $5.7 M to Create Breakthrough RNA Therapies for Cancer and Muscular Dystrophy

Gaithersburg, MD. (May ____ 2021) miRecule, Inc. (“miRecule”), an emerging biotech company focused on the development of cutting-edge RNA therapeutics, announced today it has closed over $5.7M in seed funding. The funding round was led by Alexandria Venture Investments, along with Boutique Venture Partners, Pathway Bioventures, Alumni Ventures Group, and national angel investors, with additional funding coming from the Maryland Momentum Fund and the FSHD Society. This funding includes a non-dilutive $2M Phase II SBIR grant from the National Cancer Institute.

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NIH spinout fighting cancer with RNA therapeutics raises millions – Washington Business Journal

The startup is developing therapeutics for drug-resistant cancers — and applying its technology to other arenas, including Covid-19.

Image: MiRecule CEO Anthony Saleh, shown here in 2018, views protein molecules in a silver stained gel. JOANNE S. LAWTON

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Biohealth Innovation – SBIR Virtual Office Hours (BHI and MCEDC) (June 9)

Are you and early stage company with innovative biohealth technology? Have you considered non-dilutive funding to advance your technology? Learn more about whether or not federal or state non-dilutive funding makes sense for you. Discuss potential strategies for success. Sign up for a free 1:1 advice and feedback regarding non-dilutive funding strategy and applications with BHI staff who have helped companies secured SBIR, STTR and other awards—at twice the national average win rate.

 

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Rockville’s Vigene Biosciences strikes deal to be acquired by Charles River Laboratories for $292.5M – Washington Business Journal

Charles River Laboratories is diving headfirst into gene therapy with another acquisition, this time paying $292.5 million upfront for Maryland-based Vigene Biosciences.

Image: https://www.bizjournals.com

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Qiagen N.V. – QIAGEN Receives U.S. FDA Emergency Use Authorization for Fast and Easy-to-Use Digital Test to Detect SARS-CoV-2 Coronavirus Antibodies

GERMANTOWN, Md. & HILDEN, Germany–(BUSINESS WIRE)– QIAGEN N.V. (NYSE: QGEN; Frankfurt Prime Standard: QIA) today announced it has received Emergency Use Authorization (EUA) from the U.S. Food and Drug Administration (FDA) for the fast and easy-to-use QIAreach® Anti-SARS-CoV-2 Total Test.

The authorization means QIAGEN can start making its portable antibody testing device available to health-care professionals in the U.S. Each antibody test takes only about 10 minutes to identify whether a person carries antibodies to the SARS-CoV-2 virus as a result of prior infection. Individual test results are read on a digital eHub device that can process up to 32 tests per hour – and will eventually also run the antigen test.

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Rockville’s Integrated BioTherapeutics Inc. Awarded $16.3M Contract from the National Institute of Allergy and Infectious Diseases to Develop a Treatment for Marburg Virus Disease · BioBuzz

Integrated BioTherapeutics Inc. (IBT), a Maryland biotechnology company specializing in emerging infectious diseases, announced today the receipt of a contract valued at up to $16.3 million from the National Institute of Allergy and Infectious Diseases (NIAID), part of the National Institutes of Health (NIH), to develop IBT-T03H, a monoclonal antibody for treatment of Marburg virus disease (MVD). MVD is caused by either of two marburgviruses, Marburg virus and Ravn virus, and has reemerged several times since it was initially described in 1967. IBT-T03H, discovered in collaboration with the University of Maryland, has been shown in preclinical studies to be protective against both Marburg and Ravn virus.

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RoosterBio Releases RoosterGEM™, Cell and Gene Therapy’s First Complete Transduction Medium

RoosterBio Inc., a leading supplier of human mesenchymal stem/stromal cell (hMSC) working cell banks and hMSC bioprocess systems for cell and gene therapy product developers, today announced the launch of its product RoosterGEM™, a stand-alone, complete gene transfer medium that is optimized to remove key challenges in primary cell genetic modification. RoosterGEM, abbreviated for Rooster Genetic Engineering Medium, complements RoosterBio’s hMSC cell engineering system to offer a new and streamlined path for discovery, preclinical, and applied product development research – faster than ever before.

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Commission Appoints Amritha Jaishankar, Ph.D. as Executive Director, Maryland Stem Cell Research Fund (MSCRF) · BioBuzz

The Maryland Stem Cell Research Commission announces the appointment of Amritha Jaishankar, Ph.D. as Executive Director, Maryland Stem Cell Research Fund (MSCRF). In her role as the Executive Director of the Maryland Stem Cell Research Fund, Amritha oversees all MSCRF activities and six programs accelerating stem cell research, commercialization, and cures. She will remain committed to helping our scientists, physicians, and companies advance their research and deliver cures to patients in need.

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Maryland Tech Council Announces 2021 Industry Awards Celebration Winners | Business Wire

FREDERICK, Md.–(BUSINESS WIRE)–Today, the Maryland Tech Council (MTC), Maryland’s largest technology and life sciences trade association, announced the winners for its annual Industry Awards Celebration. The event recognizes the leaders and innovators in the life sciences and technology communities from Maryland and the Mid-Atlantic Region. Winners were announced at the virtual celebration event today at 4pm ET.

“We are proud to celebrate and honor these companies and individuals in the life sciences and technology industries who are doing important work to improve lives,” said MTC CEO Marty Rosendale. “The work done by these industries is necessary now more than ever to help advance the state and the country. Each year, the Industry Awards Celebration brings out the best that the region has to offer, and 2021 was no exception.”

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Connected DMV Announces DMV Regional Congress to Promote Economic Renewal, Social Equity

May 20, 2021 (Washington, D.C.)- Connected DMV held its ninth and final COVID-19 Strategic Renewal Task Force meeting, where they announced the formation of the DMV Regional Congress to continue the Task Force’s mission of advancing strategic initiatives to promote economic renewal and social equity in the region. Washington, D.C. Mayor Muriel Bowser also addressed the Task Force, where she gave an update on the District’s reopening plans. She also thanked the cross-sector regional nonprofit for its work in bringing together all of the region’s stakeholders for the shared purpose of creating a more economically vibrant and equitable future for all in Greater Washington on behalf of the District and Maryland and Virginia Governors Larry Hogan and Ralph Northam.

Image: https://www.connecteddmv.org

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Blu Ventures Launches $25M Venture Capital Fund Focused on Cybersecurity

Blu Venture Investors, a Vienna, VA-based venture capital firm supporting the cybersecurity ecosystem in the Mid-Atlantic region and beyond, launched a $25M fund.

The BVI Cyber Fund is targeted at Series A growth companies in cybersecurity.

Blu Ventures has and will continue to invest in forward-looking cybersecurity technologies within core areas that include Endpoint Detection & Response, Data Storage; Web & Cloud; Messaging; Network; Industrial & Internet of Things (IoT); Threat Intel; Mobile; Fraud Protection & Transaction; Risk, Compliance & Training; Specialized Threat Analysis & Protection and Security Ops & Incident Response.

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A network analysis of COVID-19 mRNA vaccine patents | Nature Biotechnology

The COVID-19 pandemic has had a substantial impact on global health and highlighted the importance of international cooperation to effectively combat SARS-CoV-2. Since the discovery and publication of the virus’s genome in January 2020, scientists have rushed to develop vaccines, therapeutics and diagnostics on an unprecedented timescale. To date there are 80 vaccines in clinical trials and 70 more in clinical development, setting the stage for some of the fastest vaccine development and testing in modern history1. The vaccine technology platforms used by the most promising vaccine candidates range from viral vector–based and protein-based technologies to mRNA and lipid nanoparticle technology. Despite these impressive scientific achievements, barriers such as the vaccine cold chain and multiple forms of intellectual property (IP) protection stand in the way of equitable access and fair allocation.

Image: https://www.nature.com

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EnTERPreneur Conference | University of Maryland Alumni Association

The Terp Entrepreneur Network (TEN) is a University of Maryland Alumni Association industry-focused group with a broad mandate to foster a vibrant Terp alumni entrepreneurship ecosystem. Bringing together UMD’s significant investments in innovation and our talented network of alumni, TEN generates tremendous value for the Terp community. TEN serves as a dedicated platform to connect Terp alumni with the resources, tools, and connections needed in meaningful ways to advance their entrepreneurial goals.

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Winners announced for FastForward U’s Innovation & Entrepreneurship Challenge | Hub

FastForward U has announced the winners of its inaugural Innovation & Entrepreneurship Challenge, which awarded more than $100,000 to eight student startups.

The I&E Challenge gave students a streamlined process to apply for multiple funding opportunities that enable them to make progress on their ventures over the summer without having to balance a job or internship. All four awards include money to pay for room and board, co-working space at FastForward U, and access to mentors and advisers.

Image: https://hub.jhu.edu

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Lankenau Ventures: New Business Model Moves Health Workers’ Inventions to Market Acapreneurial(TM) Initiative Combines Commercialization, Research and Innovation

WYNNEWOOD, PA / ACCESSWIRE / May 19, 2021 / Lankenau Ventures is a new business established to accelerate development and commercialization of medical inventions conceived by frontline healthcare workers. It is an initiative comprising a leading medical research institute and commercialization and entrepreneurship experts.

The joint venture includes the Lankenau Institute for Medical Research (LIMR; the research division of Main Line Health) and L2C Partners, both in Philadelphia and Early Charm in Baltimore.

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Sponsored Content: New COVID-19 AI app replaces uncertainty with needed clarity and a sense of control – POLITICO

The universal impact of the COVID-19 pandemic has forever changed our understanding of the lives we knew both collectively and personally. No one is immune to the effects of an “enemy” that we cannot see and at times cannot comprehend.

It would be safe to say that feelings of uncertainty and uneasiness are a normal part of our daily lives over the past year. Regaining a sense of control and the promise of returning to some semblance of safety and normalcy is a priority.

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Semiconductor shortages dragged down April employment, other takeaways from a dive into the jobs data | SSTI

The April jobs report, released by the Bureau of Labor Statistics on May 7, generated considerable attention due to the 266,000 jobs added being far less than anticipated. Contributing to this topline number are quite a few trends moving in different directions, including a severe decline in automotive manufacturing employment — likely driven by the global semiconductor shortage — increasing restaurant and R&D employment, and declines in part-time work. Ultimately, the April employment data suggest a far more complex portrait of the economy than what is being covered in many sources.

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Had You Purchased Alexandria Real Estate Equities in 2001, Here’s Your Result – My Morning Joe Stock Watch

The investment philosophy practiced by Warren Buffett calls for investors to take a long-term horizon when making an investment, such as a twenty year holding period (or even longer), and reconsider making the investment in the first place if unable to envision holding the stock for at least five years. Today, we look at how such a long-term strategy would have done for investors in Alexandria Real Estate Equities Inc (NYSE: ARE) back in 2001, holding through to today.

Image: https://mmjstockwatch.com

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Charles River To Acquire Vigene Biosciences For $292.5 Mln In Cash – Quick Facts | Nasdaq

(RTTNews) – Charles River Laboratories International, Inc. (CRL) announced Monday that it has signed a definitive agreement to acquire Vigene Biosciences, Inc., a premier, U.S.-based gene therapy contract development and manufacturing organization (CDMO) providing viral vector-based gene delivery solutions.

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456th Edition, May 18, 2021

By BHI Weekly News Archives




BioHealth Innovation


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May 18, 2021












FOUNDING MEMBER OF



Julie Lenzer, Chief Innovation Officer, The University of Maryland, Guests on the BioTalk Podcast

Julie Lenzer, Chief Innovation Officer, The University of Maryland, joins Rich Bendis on BioTalk to discuss Ventures, Collaborations and growing the Quantum footprint in the BioHealth Capital Region.

Listen now via Apple https://apple.co/3on1a9C, Google https://bit.ly/3ovfj4M, Spotify https://spoti.fi/2Qn44hY, and TuneIn https://bit.ly/3w3Au0i.

Julie Lenzer is the Chief Innovation Officer at the University of Maryland and Acting Director for the newly-launched Quantum Startup Foundry. In these roles, she is charged with fostering and deploying innovation to drive economic and social impact from both university-affiliated and community based innovators. She currently oversees UM Ventures, the university’s tech transfer office, the Maryland Small Business Development Center (SBDC), the Maryland International Incubator (MI2), the Mixed/Augmented/Virtual Reality Innovation Center (MAVRIC), as well as university engagement with the Discovery District (UMD’s 150 acre research park). An active angel investor, she is also on the investment committee of the $10M Maryland Momentum Fund.

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BHI NIH Entrepreneur-In-Residence Job Opening

BioHealth Innovation, Inc. (BHI), is a Montgomery County innovation intermediary which translates market-relevant research into commercial success by bringing together management, funding, and markets. BHI is seeking an experienced life science professional with venture investment experience to join the BHI EIR team and serve as a part time Entrepreneur-in- Residence (EIR) at the National Institutes of Health (NIH) for the National Institute on Aging (NIA).

This position will report to and work closely with our lead at the NIH Office of the Director, Office of Extramural Research and specifically support the portfolio of companies funded by NIA’s ~$130M annual investment in small businesses focused on Alzheimer’s disease & related dementias, disorders of aging and supportive technologies for senior living and care providers.

Click here for more information.

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BHI EIR Feedback Day May 26th. – Register Now!

Are you a biohealth start-up in Maryland, DC or Virginia seeking feedback on your biohealth business idea, pitch deck, or commercialization plan? Schedule your feedback session with BHI EIRs on one of the following dates. Pre-registration is required; Sign up here tinyurl.com/EIRfeedback

For questions/more information, contact BHI.

 

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Emmes Acquires UK-Based Orphan Reach

ROCKVILLE, Md., May 12, 2021 /PRNewswire/ — Emmes (the “Company”), a global, full-service Clinical Research Organization (CRO) dedicated to supporting the advancement of public health and biopharmaceutical innovation and a portfolio company of Behrman Capital, today announced that it has acquired Orphan Reach, a CRO specialized in clinical research related to rare diseases. Financial terms of the transaction were not disclosed.

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QIAGEN Receives U.S. FDA Emergency Use Authorization for Fast and Easy-to-Use Digital Test to Detect SARS-CoV-2 Coronavirus Antibodies | Business Wire

GERMANTOWN, Md. & HILDEN, Germany–(BUSINESS WIRE)–QIAGEN N.V. (NYSE: QGEN; Frankfurt Prime Standard: QIA) today announced it has received Emergency Use Authorization (EUA) from the U.S. Food and Drug Administration (FDA) for the fast and easy-to-use QIAreach® Anti-SARS-CoV-2 Total Test.

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Children’s National Hospital spinout AlgometRx developed a device that measures pain through pupil dilation – Technical.ly DC

A longtime pediatric anesthesiologist at Children’s National Hospital, Dr. Julia Finkel has long wanted a more objective way to measure how much pain patients are feeling.

“For pain, we do it very empirically,” Dr. Finkel said. “The patient says they hurt, we give them a drug. They either feel better or they don’t…It’s done in a very empirical way without a physiologic measure, and there are consequences for that.”

Image: https://technical.ly/

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Cartesian Therapeutics Wins Fourth NIH Grant for Clinical Trials of RNA Cell Therapies | Cartesian

Gaithersburg, MD, May 4, 2021 – Cartesian Therapeutics, a fully integrated, clinical-stage biopharmaceutical company pioneering RNA cell therapy in and beyond oncology, today announced a $2 million competitive R&D award from the National Heart, Lung, and Blood Institute (NHLBI) of the National Institutes of Health (NIH) to support its clinical development for Descartes-30, the first RNA cell therapy for respiratory diseases.

This is the fourth Small Business Innovation Research (SBIR) grant awarded to Cartesian to support its clinical-stage investigational therapies developed with the company’s proprietary RNA Armory® combination therapy platform. Cartesian previously won research grants from the National Cancer Institute (NCI) for Descartes-11 in multiple myeloma ($2.3 million) and from the National Institute of Allergy and Infectious Diseases (NIAID) for Descartes-08 in generalized myasthenia gravis ($2 million).

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At-home COVID test manufacturer Ellume to open facility in Frederick; 1,500 jobs expected | Employment | fredericknewspost.com

By 2022, Frederick County will see an estimated 1,500 new jobs after diagnostics solutions company Ellume moves in.

The Australian-based company, which makes at-home COVID-19 tests, is set to open its first U.S. manufacturing facility in Frederick, county officials announced Monday.

The 180,000-square-foot facility in the Progress Labs Corporate Park off Md. 85 will be home to the plant.

 

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Adaptive Phage Therapeutics Announces $40.75 Million Series B Financing | Business Wire

GAITHERSBURG, Md.–(BUSINESS WIRE)–Adaptive Phage Therapeutics (APT), a clinical-stage biotechnology company dedicated to providing therapies to treat infectious diseases, today announced that the company has closed a $40.75 million Series B investment round led by Deerfield Management Company. Also joining the Series B round are existing investor Mayo Clinic and an additional undisclosed institutional investor. Proceeds of this financing will be used to accelerate clinical development of PhageBank™ phage therapies, as well as for general corporate purposes.

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Johns Hopkins develops portable device for rapidly diagnosing STIs | Hub

A Johns Hopkins University-led team has created an inexpensive portable device and cellphone app to diagnose gonorrhea in less than 15 minutes and determine if a particular strain will respond to frontline antibiotics.

The invention improves on traditional testing in hospital laboratories and clinics, which typically takes up to a week to deliver results—time during which patients can unknowingly spread their infections. The team’s results appear today in Science Translational Medicine.

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The Universities at Shady Grove Provides Career Pathways to Maryland’s Life Sciences Ecosystem · BioBuzz

Montgomery County and the region’s booming life sciences ecosystem is reaping the benefits of a talent pipeline being developed by the Universities at Shady Grove, a unique higher education campus in Rockville that brings together approximately 80 undergraduate and graduate degree and certificate programs from nine different institutions within the University System of Maryland.

Image: https://biobuzz.io

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How TaylorMade Experience adapted to survive the pandemic – Washington Business Journal

About the business: TaylorMade Experience is a Silver Spring-based event management business that also assists clients with fundraising efforts. It is a certified woman-owned small business, has about a dozen employees, and ranked 15th among the Washington Business Journal’s most recent List of largest meeting and event planning companies based on the 40 local events it held in 2019.

Image: Christina Taylor launched TaylorMade Experience in 2008 as an events management business but made the pivot to all-virtual events during the pandemic. TAYOR-MADE EVENTS

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Johns Hopkins, Bloomberg Philanthropies announce $150M effort to fuel diversity in STEM fields | Hub

Johns Hopkins University and Bloomberg Philanthropies today announced the launch of a $150 million effort to directly address historic underrepresentation in science, technology, engineering, and math fields, and to prepare a new, more diverse generation of researchers and scholars to assume leading roles in tackling some of the world’s greatest challenges.

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Considerations for finding life sciences manufacturing space | JLL

Breakthrough discoveries and unprecedented capital funding have heightened the dynamic nature of the life sciences industry. This surge of resources should fuel a new level of growth in research & development (R&D) and accelerate the demand for quality manufacturing space.

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The Life Sciences Boom Has Cities Courting Labs. Many Won’t Find Match

In a news cycle dominated by vaccines and an economy focused on innovation, cities see life sciences as not just a good bet but a critical piece of their economic development future. But while many metros believe they can attract jobs with increased investment in lab space, only a relative handful can become new centers of industry growth.

Image: Courtesy Hines Levit Green, a forthcoming development in Houston, exemplifies the spread of life sciences campuses across the U.S.

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The Role of Intellectual Property Rights in Ending the COVID-19 Pandemic | ITIF

The rapid development of new COVID-19 vaccines and treatments over the past year is a triumph of innovation. Billions of vaccine doses are being manufactured and should be distributed to all adults globally over the next 18 months. But some argue that suspending intellectual property (IP) rights to allow any company to manufacture vaccines will mean faster access for developing countries. These arguments have culminated in a proposal at the World Trade Organization for a temporary global waiver on COVID-19-related IP rights.

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A Site Built for Research & Development Advancement

Set on the historic Walter Reed Army Medical Center, the Children’s National Research & Innovation Campus will be a one-of-kind innovation hub. The nearly 12-acre campus will house leading entrepreneurs, thinkers, innovators and experts aiming to improve the health and well-being of patients around the world. Johnson & Johnson Innovation – JLABS @ Washington, DC will occupy a 32,000—square foot facility open to biotech, medical device, consumer and health technology start-ups aiming to develop new medicines, medical devices, precision diagnostics and health tech applications. Additionally, in collaboration with the Biomedical Advanced Research and Development Authority (BARDA), a component of the Office of the Assistant Secretary for Preparedness and Response in the U.S. Department of Health and Human Services, JLABS @ Washington, DC will be the hub for BLUE KNIGHT. Blue Knight is a collaboration dedicated to and aimed at anticipating health security threats, activating the global innovation community, and amplifying technological advancements to prepare for and respond to our rapidly evolving global health environment. We look forward to the opening of JLABS @ Washington, DC in collaboration with our partners at Children’s National Hospital and BARDA to support innovation for patients.

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All Rights Reserved.



455th Edition, May 11, 2021

By BHI Weekly News Archives




BioHealth Innovation


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May 11, 2021












FOUNDING MEMBER OF



Dr. Anne Khademian, Executive Director, The Universities at Shady Grove (USG), Guests on BioTalk

Rich Bendis welcomes Dr. Anne Khademian, Executive Director, The Universities at Shady Grove, on BioTalk to discuss Higher Ed in Montgomery County, their Biomedical Sciences and Engineering (BSE) facility, and Strategic Partnerships.

Listen now on Apple https://apple.co/3xYZG9P , Google https://bit.ly/3eyQ6mm, Spotify https://spoti.fi/3o4vztl, and TuneIn https://bit.ly/2SHbI7N.

Dr. Anne Khademian was named to serve as the Universities at Shady Grove’s third executive director in October 2020, following a nationwide search and her appointment to the post by Dr. Jay Perman, Chancellor of the University System of Maryland. As executive director of USG – a regional higher education center of USM in Montgomery County, with programs from nine universities on one campus – Dr. Khademian also holds the title of Associate Vice Chancellor for Academic Affairs for USM.

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Dr. Takahashi-Vitiello Joins BioHealth Innovation Team

ROCKVILLE, MARYLAND, May 10, 2021 BioHealth Innovation Inc. (BHI) announces the addition of Dr. Natsumi Takahashi-Vitiello, PhD in the role of Analyst. In her new position, Dr. Takahashi-Vitiello will assist the Entrepreneurs-in-Residence (EIR) Program at BHI in the evaluation of early-stage technologies, strategic planning for start-up companies, and identification/developmental strategies of new venture opportunities.

 “I am pleased to welcome Dr. Natsumi Takahashi-Vitiello to the BHI family,” said Richard Bendis, BHI President, and CEO. “Her biohealth business experience and scientific background will support the BHI clients in their commercialization and fund-raising activities.”

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At-home COVID test manufacturer Ellume to open facility in Frederick County; 1,500 jobs expected | Employment | fredericknewspost.com

Ellume, an Australian company specializing in diagnostics solutions for infectious diseases, is set to open its first U.S. manufacturing facility in Frederick, county officials announced Monday.

The 180,000-square-foot facility in the Progress Labs Corporate Park off Md. 85 will serve as a manufacturing plant, where Ellume will make at-home COVID-19 tests and bring an estimated 1,500 jobs to Frederick County by 2022. 

“This is great news for Frederick County,” Frederick County Executive Jan Gardner said in a news release. “Ellume is on the cutting edge, making products that will help the world to overcome this health pandemic. We are excited to welcome Ellume to our thriving life science and biopharma family.”

Image: Courtesy photo via ellumehealth.com

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Australian bio business brings 1,500 jobs to Maryland | Maryland Business News

Maryland’s biohealth boom continues, with Australian bio company Ellume announcing its entrance in the United States. Ellume, a Queensland digital diagnostics company, recently signed a $231.8 million agreement with the federal government to accelerate domestic production of its COVID-19 home tests. The company will establish a manufacturing facility in Maryland, its first in the United States, to accommodate the demand for its products targeting infectious diseases.

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Montgomery, Connected DMV push for Global Pandemic Center – The Washington Post

An ambitious push to create a “Global Pandemic Center” in suburban Maryland got a $500,000 boost Tuesday from the Montgomery County Council, which said the project could help drive the county’s post-pandemic economic recovery and foster resilience against the next major health crisis.

Spearheaded by the regional nonprofit Connected DMV, the center would involve scientists and policymakers from across the globe but operate primarily from the D.C. region, with a likely headquarters in Montgomery.

Image: Montgomery County Executive Marc Elrich (D). (Michael S. Williamson/The Washington Post)

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From Innovation to Inauguration – Maryland Today

The University of Maryland will launch a new business development arm to nurture quantum-focused startups, President Darryll J. Pines announced last night at an event honoring the institution’s inventions, startup, mentor and student entrepreneurs of the year.

The Quantum Startup Foundry will support new businesses in the quantum technology field, which Pines said stands “poised to disrupt everything from cybersecurity and energy, to medical discoveries and the financial field.” It will be created through an initial $25 million investment from the university’s newly established Discovery Fund, with key funding from the state of Maryland.

 

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Maryland Stem Cell Research Commission Announces over $6 Million in Awards to Accelerate Cures | TEDCO

COLUMBIA, Md. (May 10, 2021)—The Maryland Stem Cell Research Commission has approved funding to its second-round of 2021 recipients for a total of $6,052,901. The Commission has also appointed Amritha Jaishankar, Ph.D., the current MSCRF Director – Programs & Strategic Alliances, to succeed Dan Gincel, Ph.D., as Executive Director of the MSCRF, effective May 14, 2021.

“We thank Dr. Gincel for his leadership and many contributions to the MSCRF over the course of his 14 years as Executive Director, during which he consistently challenged us to grow and evolve to meet the needs of the Maryland stem cell community, and we are delighted that Dr. Jaishankar will lead the MSCRF through its next chapter,” said Dr. Debra Mathews, Chair of the Commission. “Dr. Jaishankar’s leadership, dedication, and tremendous work with the MSCRF and our stem cell community over past few years make her the ideal person to take us forward.”

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In Conversation: Sarah Miller, Vice President of Economic Development, BioHealth Innovation, Inc. · BioBuzz

After spending the past five years fostering economic development in Montgomery County, Sarah Miller is turning her attention to the biopharma industry and the BioHealth Capital Region. Starting May 3, Miller joined BioHealth Innovation, Inc. as Vice President of Economic Development.

Miller transitions to BHI from her previous role as Vice President of Strategy for the Montgomery County Economic Development Corporation (MCEDC). In her new role, Miller will solely focus on economic development opportunities within the biopharma industry across Maryland, Virginia, and Washington, D.C. A laser-like focus on one industry will be new to Miller. She is no stranger to it, having worked in Montgomery County for the past several years. In her role with the MCEDC, Miller has worked with the development of the Germantown Innovation Center on the campus of Montgomery College campus in Germantown.

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Mimetas’ New Digs…

Now we are in the final phase of completing the last work in BioPartner 5. The second floor is ready to be used. Today, MIMETAS received the keys tot their brand new floor in BioPartner 5. We would like to give Mimetas a warm welcome!

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Boeing gives Virginia Tech $50M for innovation campus

Boeing donated $50 million to help found Virginia Tech’s Innovation campus, a billion-dollar project area leaders hope will bring together power-players in the region — like Amazon — to boost economic growth and build a pipeline of STEM talent for businesses.

The university announced the multi-year gift in a celebratory press event on Tuesday, emphasizing how it will benefit underrepresented groups in tech fields, including women, people of color and low-income populations. The project draws attention for its location, two miles from Amazon’s HQ2 campus, near a future transit station and across the river from Washington D.C., but speakers focused on the promise the Innovation Campus has for students.

Image: Concept art for the Virginia Tech Innovation Campus’s academic building. (Virginia Tech)

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Lab on a Chip – Devices and applications at the micro- and nanoscale

Barrier function of epithelia is crucial for maintaining homeostasis in the human body. Its disruption in organs such as the intestine, kidney, lung, skin, eye, or the blood– brain-barrier is a hallmark of numerous diseases and toxic effects.1–3 Studying epithelial barrier function is essential for understanding disease processes, development of new therapeutic treatments, and investigation of compound safety. Permeability of epithelia grown in vitro is therefore routinely evaluated by fundamental and pharmaceutical researchers alike. In addition, proper barrier function is an important prerequisite when studying transport phenomena across epithelia in vitro.

Image: https://pubs.rsc.org

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Aziyo Biologics continues momentum post-IPO, lays groundwork for ‘sustained, long-term growth’ – Washington Business Journal

Aziyo Biologics Inc. is executing growth plans it established ahead of its initial public offering last fall — and starting to see results.

The regenerative medicine firm, which started trading on the Nasdaq in October, saw a first-quarter revenue increase year over year “despite some ongoing Covid-related headwinds,” President and CEO Ron Lloyd said in a statement this week.

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Compugen Announces Expansion of Research Collaboration with Johns Hopkins University for a Novel Myeloid Target Discovered by Compugen

HOLON, Israel, May 10, 2021 /PRNewswire/ — Compugen Ltd. (Nasdaq: CGEN), a clinical-stage cancer immunotherapy company and a leader in predictive target discovery, today announced that it has expanded its research collaboration with Johns Hopkins University to include studies investigating the biology of a novel myeloid target that was computationally-discovered by Compugen. Initial preclinical studies demonstrate the potential of this target to serve as a novel myeloid immunomodulator, with significant tumor growth inhibition observed upon genetic deletion in in-vivo studies.

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Maryland Department of Commerce names new deputy secretary, other senior staff – Baltimore Business Journal

The Maryland Department of Commerce has announced a slew of new senior staff appointments.

Two of the positions had been vacant for more than a year.

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Here’s Why Alexandria Real Estate Outperformed Its Peers During the COVID-19 Pandemic | The Motley Fool

Office real estate investment trusts (REITs) have been under pressure for the past year. The coronavirus pandemic has caused some investors to even question the concept of the office REIT. After all, if companies can work from home without much of a disruption, why will companies spend so much on expensive urban office space in the future?

The question has created headwinds for some office REIT operators. But while many office REITs saw big declines in income over the past 12 months, one office REIT appears to be bucking this trend.

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Virginia Governor Ralph Northam – May

PETERSBURG—Governor Ralph Northam today announced that AMPAC Fine Chemicals (AFC), a leading manufacturer of Active Pharmaceutical Ingredients (APIs) in the United States, will invest $25 million to expand its existing operation on North Normandy Drive in the City of Petersburg. Virginia successfully competed with California and Texas for the project, which will create 156 new jobs. Governor Northam joined company leaders, key partners, and local economic development officials at AMPAC’s Petersburg facility to make the announcement.

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Women’s Venture Competition 2021 – AIM-HI

The AIM-HI Accelerator Fund’s Women’s Venture Competition is a first-of-its-kind program that provides funding, coaching and networking opportunities to women-led oncology start-ups. Subject to due diligence and negotiation, the winning company of 2021 Women’s Venture Competition will receive a total of $1 million in investment from AIM-HI and co-investors. Click here to download the flyer!

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Vaccitech

Closing the markets today with our friends from Vaccitech!

Based in Oxford, UK, Vaccitech develops vaccines and T cell immunotherapies to treat and prevent diseases of global importance.

Congratulations to CEO Bill Enright and #NasdaqListed $VACC on this week’s listing.

Image: https://www.linkedin.com

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454th Edition, May 4, 2021

By BHI Weekly News Archives




BioHealth Innovation


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May 4, 2021












FOUNDING MEMBER OF



Gain Therapeutics CEO Eric Richman Guests on BioTalk

Gain Therapeutics CEO Eric Richman joins BioTalk to Discuss His Career, Redefining Drug Discovery, and Ventures in the BioHealth Capital Region and Beyond.

Listen now on Apple https://apple.co/3vB8mS3, Google https://bit.ly/2QI3xrb, Spotify https://spoti.fi/33021mT, and TuneIn https://bit.ly/2S7Yuk4.

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Gain Therapeutics Presents Positive In Vitro & In Vivo Data on Its Orally Bioavailable Brain Penetrant Star Compounds for the Treatment of GBA1 Parkinson’s Disease & Related α-synucleopathies at the XXVI IAPRD World Congress

BETHESDA, Md., May 03, 2021 (GLOBE NEWSWIRE) — Gain Therapeutics, Inc. (NASDAQ: GANX) (“Gain”), a biotechnology company focused on redefining drug discovery by using super-computational methods to target allosteric binding sites and guide enzymes back to their proper shape, today announced new pre-clinical data from its GBA1 Parkinson’s disease program. The findings were highlighted in a presentation at the XXVI International Association of Parkinsonism and Related Disorders (IAPRD) World Congress, a research conference dedicated to Parkinson’s disease and other disorders affecting muscle tone and motor control, being held virtually May 1-4, 2021.

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Matan Kicks Off Next Phase of Progress Labs™ with 532,000 SF of Spec Biomanufacturing and Research Space in Montgomery County, MD

Matan Companies announces today plans to transform its Milestone Business Park into a vibrant and collaborative life sciences destination known as Milestone Innovation Park. The key component of the evolution is the addition of 532,000 square feet of best-in-class biomanufacturing and life science research space in three, brand new facilities. This highly sought-after location sits along the I-270 Biotech Corridor with prominent visibility on I-270 at Father Hurley Boulevard in Germantown, MD., centrally located between NIH in Bethesda and Fort Detrick in Frederick. Just 20 miles northwest of Downtown Washington D.C., the site offers easy access to points north and south via I-270 and points east via the Intercounty Connector (ICC). Once complete Milestone Innovation Park will be one the largest, science-based destinations in the BioHealth region at over 1.2 million square feet.

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How Novavax went from near collapse to potential Covid vaccine powerhouse – Washington Business Journal

A potential vaccine has brought new life to the embattled Gaithersburg biotech.

Image: Novavax CEO Stanley Erck, left, and Gregory Glenn, head of research and development, at Novavax’s office in Gaithersburg. EMAN MOHAMMED

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U. Maryland commits $25 million to incubator for quantum startups

The University of Maryland will house an incubator for quantum computing startups, offering access to high-quality internet and connections with potential customers, the school announced last week.

The university will spend $25 million to create the Quantum Startup Foundry, according to a press release. The $25 million comes from state investment and from the university’s Discovery Fund. The program will include a physical space for the startups on the school’s College Park campus, including offices and labs.

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Emergent BioSolutions ‘hopeful’ to return to vaccine production, plans to respond to FDA ‘within days’ – Washington Business Journal

On a first-quarter earnings call Thursday, Emergent’s CEO addressed a turbulent month for the Gaithersburg biopharmaceutical company.

Image: https://www.bizjournals.com

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Fighting Pandemic Fuels BioHealth Industry Growth in Montgomery County · BioBuzz

Montgomery County, Maryland, was a leader in biotechnology before COVID-19 hit, ranking among the highest in the nation for the number of life sciences companies, and the pandemic has only fueled the industry’s growth.

That means more high-paying jobs and demand for research and laboratory-suitable real estate.

There are currently 650 companies operating in the bio-health area in Maryland, including biotechnology and medical device manufacturers. The majority are early-stage companies, but many are now transitioning to later-stage and product manufacturing. Some are well established.

Image: https://biobuzz.io

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George Mason University incoming executive André Marshall on innovation, tech workforce – Washington Business Journal

André Marshall will draw from his life experience across innovation and workforce development to drive Mason to new heights, he says.

Image: Andre Marshall, is set to become George Mason University’s vice president for research, innovation and economic development on July 1. – George Mason University – Ron Aira

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Maryland’s biggest VC funding quarter in 20 years brought $560M to startups – Technical.ly Baltimore

Around Baltimore, folks tend to analyze economic trends through three vantage points: the city, the region and the state. No matter which level you’re looking at, data on venture capital shows that the first quarter of 2021 brought an influx of investment for local emerging companies.

Data from the latest MoneyTree report by PwC/CB Insights shows that Maryland companies received a collective $562 million in investment over 24 deals. It was a nearly 68% increase in the number of dollars and a 26% increase in the number of deals from the fourth quarter of 2020, which capped off a big year of investment in the pandemic.

Image: nsightin Health’s team in the South Baltimore office. (Courtesy photo)

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We’re Open for Business! A First Sneak Peek of JLABS @ Washington, DC – Blog Post | JLABS

Johnson & Johnson Innovation – JLABS @ Washington, DC: We did it! Persevering through a time of great challenge and change, today we’re happy to share that we’ve opened our doors in a thriving ecosystem, to entrepreneurs, early-stage companies and the life sciences community.

 

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Vaccitech Announces Pricing of Initial Public Offering – Vaccitech

Oxford, UK – Vaccitech plc (“Vaccitech”) (Nasdaq: VACC), a clinical-stage biopharmaceutical company engaged in the discovery and development of novel immunotherapeutics and vaccines for the treatment and prevention of infectious diseases and cancer, today announced the pricing of its initial public offering in the United States of 6,500,000 American Depositary Shares (“ADSs”) representing 6,500,000 ordinary shares at an initial public offering price of $17.00 per ADS for total gross proceeds of $110.5 million. All ADSs sold in the offering are being offered by Vaccitech. The ADSs are expected to begin trading on The Nasdaq Global Market on April 30, 2021 under the ticker symbol “VACC.” In addition, Vaccitech has granted the underwriters a 30-day option to purchase up to an additional 975,000 ADSs at the initial public offering price, less underwriting discounts and commissions. The offering is expected to close on May 4, 2021, subject to satisfaction of customary closing conditions.

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Novavax Vaccine Could Generate $33 Billion in Revenue through 2027, Analyst Says · BioBuzz

Novavax is aiming to seek Emergency Use Authorization for its COVID-19 vaccine NVX-CoV2373 later this spring. If the U.S. Food and Drug Administration gives it the green light, the Maryland-based company could see revenue of approximately $1.8 billion in sales by the end of the year.

Data and analytics company GlobalData pegged the potential revenue for Novavax based on a potential authorization from the U.S. Food and Drug Administration and other regulatory agencies across the globe. The revenue stream from the vaccine is expected to continue well past the close of business for 2021. GlobalData forecast Novavax’s vaccine will generate $33.3 billion from expected authorization this spring through 2027. A peak forecast of $7.2 billion is expected in 2027 alone, according to the report.

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Sound Off and Save the Date – Women Building Bio Virtual Conference on September 30, 2021!

Women Building Bio 2021 is just around the corner.

Save the date for September 30th to join our 6th year of Women Building Bio. An event always focused on advancing the bioscience through collaboration between industry and academia, researchers and innovators, professionals and decision-makers.

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CareFirst, LifeBridge launch first cohort of 1501 Health incubator with five startups – Baltimore Business Journal

The five health care-focused cohort members were selected from a pool of 120 applicants.

Image: LifeBridge Health and CareFirst BlueCross BlueShield have partnered to launch a new incubator for health startups, called 1501 Health CAREFIRST/LIFEBRIDGE

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Largest Bioscience Employers in Greater D.C. – Washington Business Journal

Locally Researched by: Carolyn M. Proctor, Washington Business Journal Apr 30, 2021, 6:00am EDT

Source: The companies, Form 990s, SEC filings and regional economic development agencies

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Job Application for Managing Director, Baltimore at Techstars

Are you a servant leader of leaders? Can you “GiveFirst” with no expectation of anything in return? Do you believe that collaboration drives innovation? Do you believe that entrepreneurs can change the world? If so read on…

We are seeking a Managing Director (MD) who can ake the helm and lead our Accelerator and investment strategy for Techstars in Baltimore, Maryland . Your focus is to invest in the best founders, companies and support them from ideation to exit. You will actively recruit, select, mentor and guide founders through challenges, critical decisions, strategy, tactics, securing investment, making hard decisions and celebrating their wins. You will be directly supported by a Program Manager (PM) who focuses on program operations and with you, executing the Techstars proven playbook and delivering the best possible experience for Founders.

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The Immunology Capital Next to the Nation’s Capital in Maryland

This is a complimentary webinar – the optional attendee list is $39. For registration questions, please email Elizabeth Baker at liz.baker@bisnow.com

What You’ll Learn:

– Why immunology companies with groundbreaking vaccine, cell and gene therapy work are thriving in Montgomery County, MD, home to the National Institutes of Health, the FDA, and 38 federal labs

-How the Montgomery County ecosystem supports companies fast tracking to develop and commercialize products

– Where the region stands on a national and international scale as home to a vibrant, growing life sciences sector

– Why top life science tenants are growing and moving to Montgomery County, MD and the DMV

Image: https://www.bisnow.com

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NIH small business grant-funded drugs are being repurposed for Covid-19

Infectious disease therapies have been awarded the highest number of National Institutes of Health (NIH) grants over the last 20 years, according to GlobalData’s Pharmaceutical Intelligence Center’s deals database. The Covid-19 pandemic shed light on the importance of funding for drug development in this crucial therapy area. The Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programmes encourage innovation and technological development from small businesses with a focus on commercialisation. These programmes allocate hundreds of grants each year for infectious disease commercialisation, especially at crucial early stages of development.

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Biotech accelerator finishes construction, begins looking for tenants – Inside Business

A Virginia Beach biotech accelerator program announced more than five years ago as a way to attract a booming, high-salary industry to the area has completed lab construction and is finally looking for tenants.

The VABeachBio Accelerator finished construction in February and is now accepting lease applications. The 5,700-sqaure-foot office and lab space is in the Convergence II office near the intersection of Independence Boulevard and Interstate 264.

Image: https://www.pilotonline.com

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The Workshop (May 13 & 14, 2021)

The purpose of this event is to bring Technology Transfer leaders, policy makers, thought leaders, and innovators in the Technology Transfer field together to discuss and exchange ideas on how to best qualify and quantify the impact of Technology Transfer on the stakeholders it serves.

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The big business that COVID-19 has boosted in Montgomery County | WTOP

Montgomery County, Maryland, was a leader in biotechnology before COVID-19 hit, ranking among the highest in the nation for the number of life sciences companies, and the pandemic has only fueled the industry’s growth.

That means more high-paying jobs and demand for research and laboratory-suitable real estate.

Image: TCR² Therapeutics’ future lab space will be built in Rockville, Maryland. (Courtesy JLL)

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