BHI Weekly News Archives

This discussion covers how David arrived in Maryland, the role of MCEDC in the BioHealth Capital Region, and why Montgomery County is a great place to do business.

Before becoming the inaugural President and CEO of MCEDC, David was with the Central Florida Development Council, where as President and CEO, he achieved record-setting job creation and capital investment results. Previously, David was the Executive Director of the Winter Haven Economic Development Council in Florida. In Texas, he has held key marketing management positions in economic development and was an advertising agency owner in Austin.

Listen now on iTunes , Google Play , and TuneIn. 

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The FDA’s drive to accelerate access to new medical device technologies continues, with a new product from 3i Diagnostics receiving a Breakthrough Device Designation.

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ExeGi Pharma LLC, a company focused on developing and commercializing live biotherapeutics and probiotic treatments, announced today that it has launched Visbiome® Vet, a new high potency probiotic for use in dogs to help support normal inflammatory responses in the gastrointestinal (GI) tract and to help normalize gut health.

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You thought the Shark Tank was tough…

wait until you enter the the BioHealth Capital Region Crab Trap!

Submit your application for the opportunity to be named the company with the most commercial potential at the 2018 BioHealth Regional Forum, $10,000, and MORE!

Application Deadline: March, 30th 2018 

Finalists will be announced: April 9th, 2018 

Finalist Presentations BioHealth Capital Region Forum Event: April 24th, 2018

Submit an Application »

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Novavax CEO Stanley Erck said he believes the last quarter was “the most significant in Novavax corporate history.”

The reason? Vaccines, specifically clinical results from the Gaithersburg company’s two lead vaccine programs: RSV for infants via maternal immunization and NanoFlu for seasonal flu.

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Jarrod Borkat of MedImmune says what would help MedImmune would be other large biotech companies located in Montgomery County. Although he expects his company would lose talent, it would be a net gain.

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Baltimore medical device firm Perceptive Navigation LLC is looking to raise $4 million in new funding, according to a recent filing with the U.S. Securities and Exchange Commission.

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April 23-24  |  1 MedImmune Way, Gaithersburg MD 20878 

This invitation-only event is free for executive level biotech leaders and is presented by BioHealth Innovation, VirginiaBio, Inova, Children’s National Health System, QIAGEN, Maryland Tech Council, University System of Maryland and MedImmune/AstraZeneca. Maryland, Virginia, and Washington, DC set the bar high for biotech innovation. So please join us for our Annual BioHealth Capital Region Forum that will highlight the accomplishments of today and chart our successes of tomorrow.

We are excited to bring you an exceptional line up of speakers. The program will feature sessions that focus on the Advancing Science and Accelerating Innovation.

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Freeman Hrabowski III, the university president and most notable dreamer at Maryland Baltimore County, didn’t close his eyes until 6 a.m. Saturday. He had too many text messages to answer, too many calls to take, too many voice mails to retrieve. He had too many people to hug, too many whys and hows to try to explain, too many Friday night thrills to relive.

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At halftime, with players locked in a surprising tie with the top-ranked men’s basketball team in the country, the Twitter feed of the University of Maryland-Baltimore County’s athletic department seized the spotlight to make a sales pitch.

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The University of Maryland, Baltimore County woke up on Friday as just another small basketball program looking forward to a run against a No. 1 seed in the NCAA tournament.

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Platforms such as Amazon Publishing, Etsy and Instagram have yielded an entire new market of online artists and creators.

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Roche is buying out the rest of Flatiron Health for $1.9 billion, the companies said Thursday. The total investment for Roche, a drug maker based in Switzerland, is about $2.1 billion in cash since it already owned about 13% of Flatiron, a tech company that handles electronic health records and data mining specifically for cancer doctors, researchers and patients.

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Pharma major Lupin announced the launch of its Tydemy™ Tablets (Drospirenone, Ethinyl Estradiol, Levomefolate Calcium, 3mg/0.03mg/0.451mg and Levomefolate Calcium, 0.451mg) having received an approval from the United States Food and Drug Administration (FDA) earlier.

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The Maryland Tech Council and SoBran are celebrating the transformational science coming out of Maryland and surrounding area by establishing the Innovation for Impact Prize. This is an added annual award at the Industry Awards Celebration. Tell us how your innovative research will impact the world one day and describe your research! Deadline to apply is April 17, 2018.

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Healthwise and GetWellNetwork® announced today they will partner in offering health education to health care providers and their patients. GetWellNetwork will add over 600 Healthwise patient education videos to its current suite of patient experience technologies that deliver Precision Engagement™ across the care continuum.

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ETC (The Emerging Technology Centers), Baltimore City’s technology and innovation center and award-winning entrepreneur support organization, was ranked seventh, globally, in UBI’S World Incubator Summit Awards for World of Top Business Incubator – Collaborating with University.

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Emerging Technology Centers announced the seven companies that have been accepted into its 2018 Accelerate Baltimore cohort.

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Scheer Partners, the leading provider of fully integrated commercial real estate services in the Washington and Baltimore metropolitan areas, announced today that it has negotiated on behalf of Supernus Pharmaceuticals, Inc., a 118,000-square-foot headquarters lease at 700 Quince Orchard Road, a building owned by the Rock Creek Fund.

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Proscia Inc., creators of AI-powered digital pathology software, today announced it has signed a first-of-its-kind agreement with one of the largest dermatopathology labs in the country, signaling Proscia’s entrance into the dermatopathology market and ushering in a new era of digital and computational pathology applied to dermatology.

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The year 2017 marked yet another exciting period of innovation and growth for the University of Maryland (UMD) research community, with over 170 inventions disclosed and 52 patented, 46 technologies licensed, and the receipt of the largest investment in UMD history in total of $219.5 million from the A. James and Alice B. Clark Foundation. Researchers broke barriers in fields related to agriculture, information management, biotechnology, and energy, making discoveries and inventing technologies that have the potential to make positive impacts on the planet and on people’s lives around the globe.

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Mosquitoes are bad news when it comes to the spread of malaria, a deadly disease which kills hundreds of thousands of people each year. We previously covered a range of approaches to cracking down on this problem — ranging from apps which track disease-carrying mosquitoes by listening to their buzz to a plan to release genetically engineered killer mosquitoes to hunt down their disease-carrying wild counterparts.

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Village Capital, a venture capital firm, and Kaiser Permanente have teamed up to address the needs of the aging population in America through a new program called Health: US 2018.

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As we celebrate more women becoming medtech leaders and paving the way for innovation, it’s important to remember the many accomplishments women have already made when it comes to the advancement of health and medicine.

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Mid Atlantic Bio Angels (MABA) announces today the initiation of a second closed-end investment pool (Pool II) funded by current, active MABA members, and the inaugural investment from that pool made into Israel-based POP Medical Solutions Ltd., which focuses on the treatment of pelvic organ prolapse (POP).

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Wed, Apr 11, 2018 2:00 PM – 3:30 PM EDT

USDA ARS and the USDA SBIR program formed a partnership to encourage USDA SBIR applicants to develop research collaborations with ARS scientists and/or to license ARS technologies. The purpose is to increase the likelihood of success by providing both money and technologies to small U.S. businesses. The relevant language in the SBIR’s “Request for Application” states: “Additional factors that will be considered in the review process include whether an application involves a Cooperative Research and Development Agreement (CRADA) with a USDA laboratory, or a license to a USDA technology, or is a resubmission.”

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Older people need more medicine. That rule of life is no secret to pharmaceutical companies across the globe. Many also realize that Japan’s rapidly aging population presents a unique business opportunity. Japan remains the world’s second-biggest pharmaceuticals market, behind only the United States and China. The Japanese market also is expected to grow annually. The lessons learned there will be critical as the population grows older in many other markets.

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The Maryland Department of Assessments and Taxation unveiled a new website Monday designed to help small business owners and entrepreneurs plan, start, manage and grow their businesses.

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You thought the Shark Tank was tough…

wait until you enter the the BioHealth Capital Region Crab Trap!

Submit your application for the opportunity to be named the company with the most commercial potential at the 2018 BioHealth Regional Forum, $10,000, and MORE!

Application Deadline: March, 30th 2018 

Finalists will be announced: April 9th, 2018 

Finalist Presentations BioHealth Capital Region Forum Event: April 24th, 2018

Submit an Application »

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April 23-24  |  1 MedImmune Way, Gaithersburg MD 20878 

This invitation-only event is free for executive level biotech leaders and is presented by BioHealth Innovation, VirginiaBio, Inova, Children’s National Health System, QIAGEN, Maryland Tech Council, University System of Maryland and MedImmune/AstraZeneca. Maryland, Virginia, and Washington, DC set the bar high for biotech innovation. So please join us for our Annual BioHealth Capital Region Forum that will highlight the accomplishments of today and chart our successes of tomorrow.

We are excited to bring you an exceptional line up of speakers. The program will feature sessions that focus on the Advancing Science and Accelerating Innovation.

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Have you drafted your application for the April 5th SBIR Funding application deadline?  For qualified companies, BioHealth Innovation, will provide an additional review and support.  If interested, email BHI@BIoHealthInnovation.org by this Friday, March 16th.

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After a year of surging growth, Supernus Pharmaceuticals Inc. is building out a new home double its current size.

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PointClickCare Technologies, the leading cloud-based software vendor for the long-term and post-acute care (LTPAC) market, announced today its strategic partnership with Redox Inc., the leading integration platform for healthcare data exchange. Together, PointClickCare and Redox will work to bridge the gap between the acute and post-acute markets, empowering health systems with the visibility required for a truly coordinated and collaborative approach to care delivery across the healthcare continuum.

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Summer R.I.S.E. (Real Interesting Summer Experience) is a unique opportunity for Montgomery County youth to explore potential careers and for our local businesses to participate in developing a talent pipeline. The initiative is led by WorkSource Montgomery, Inc. (WSM), Montgomery County Public Schools (MCPS) and supported by county and state government partners, local businesses and non-profit organizations. Local businesses and governmental organizations volunteer to bring rising high school juniors and seniors into their workplaces to provide hands‐on, real world career experiences.

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Will Your Company be the Buzz of BIO?

Are you an innovative biotech company that is R&D-intensive and looking to develop strategic partnerships within the industry? Nominate your company to be the Buzz of BIO!

Winners receive complimentary registration that includes BIO One-on-One Partnering™, a Company Presentation slot in the BIO Business Forum, and marketing promotion to thousands of industry leaders.

Nominations End March 16

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The Centers for Medicare and Medicaid Services has announced a new initiative designed to provide patients access to their electronic health records and share their data with their preferred health care providers.

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Rexahn Pharmaceuticals, Inc. (NYSE American:RNN), a clinical stage biopharmaceutical company developing innovative, targeted therapeutics for the treatment of cancer, today announced financial results for the year ended December 31, 2017.

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Life science industry impacts N.J. economy in big way, C&W report says By Emily Bader New Jersey | Mar 7, 2018 at 11:44 am

The life science industry is fueling New Jersey’s economy through revenue and job growth, according to a report by Cushman & Wakefield.

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Millions of travelers suffer from jet lag every year. And now Vanda Pharmaceuticals Inc. (NASDAQ: VNDA) said one of its drugs successfully addressed the problem with hundreds of volunteers in a late-stage clinical trial.

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Sonavex, Inc. announced today the final closure of its expanded $4.5M Series A and filing of a 510(k) submission to the U.S. Food and Drug Administration (FDA) for its EchoMark device. The proceeds will accelerate Sonavex’s commercial launch later this year and support further product development. Participants in the additional financing included Fusion Fund (aka NewGen Capital), FundRx, and existing investors.

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TEDCO, Maryland’s economic engine for technology companies, inducts ClearMask into its mdPACE program to assist in bringing its life-changing innovation to market. Baltimore-based, ClearMask LLC is the developer of the country’s first, full-face transparent surgical mask designed to help healthcare entities reduce medical errors caused by miscommunication and provide a better experience for deaf patients and other patient groups who heavily rely on visual cues, including children, limited English proficiency patients, and immunosuppressed patients who cannot see the smiles of their loved ones and care team.

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Symbiont Health, maker of innovative technology to detect falls for seniors and nursing home patients, took home the $15,000 grand prize at yesterday’s Pitch Dingman Competition, the University of Maryland’s business competition chaired by businessman and philanthropist Robert G. Hisaoka. The competition awarded nearly $30,000 in seed funding to top student entrepreneurs in a “Shark Tank”-style pitch session, hosted by the Dingman Center for Entrepreneurship at the Robert H. Smith School of Business.

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23andMe, Inc., the leading personal genetics company, today received the first-ever FDA authorization for a direct-to-consumer genetic test for cancer risk. The authorization allows 23andMe to provide customers, without a prescription, information on three genetic variants found on the BRCA1 and BRCA2 genes known to be associated with higher risk for breast, ovarian and prostate cancer.

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The Innovative Molecular Analysis Technology Development for Cancer Research and Clinical Care (SBIR-IMAT) solicitation is a companion SBIR funding opportunity announcement to the NCI Innovative Molecular Analysis Technologies (IMAT) Program aimed at the inception, development, integration, and application of novel and emerging technologies in support of cancer research, treatment, diagnosis, and prevention.

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Surgeons trying a new way to save the life of a baby born with half a heart stood over her open chest and waited for the FedEx box.

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Get answers from experienced entrepreneurs and legal/business professionals on how to build a successful startup company. Receive free and impartial advice, brainstorm business strategies, investigate funding opportunities and learn about the vast resources available to entrepreneurs.

Wednesday, March 14, 2018, 4-6 p.m.

TAP Building, 387 Technology Drive, Room 1105, UMD

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The dispute is already underway. In August, the Trump administration initiated a sweeping investigation into Chinese trade practices, including whether Chinese firms are investing in U.S. companies to steal their technology and whether they are forcing joint ventures, pressuring American companies that invest in China to transfer technology to a Chinese partner, or hacking U.S. companies’ software.

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Officials from Amazon.com toured sites in Washington, Montgomery County, Md., and Northern Virginia last week — the latest sign that the tech giant is seriously considering adding a second headquarters with as many as 50,000 jobs to the D.C. area, according to officials in all three jurisdictions.

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A team of students from Virginia Tech claimed victory at the fourth annual Deloitte Foundation Cyber Threat Competition for their analysis and incident response approach to a simulated cyber event. Anirudh Bagde, Danny Colmenares, Nicholas Herman and Andy Wong, the school’s team members, each received $2,000 in scholarship money.

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New compounds targeting epigenetics have shown remarkable early activity in patients with lymphoma, according to data presented at the TAT (Targeted Anticancer Therapies) International Congress 2018 in Paris, France. ESMO’s phase-I oncology meeting featured early clinical studies with BET inhibitors and EZH2 inhibitors.

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Join ISPE Chesapeake Bay Area Chapter, Maryland Tech Council, BioHealth Innovation and ByteGrid for a one day Life Sciences Cloud & Infrastructure Conference.

Listen to speakers, including Krishna Ghosh, Ph. D., Senior Policy Advisor at the Food and Drug Administration, and the co-chairs of the GAMP Cloud Special Interest Group and get a behind-the-scenes data center tour of ByteGrid’s flagship Silver Spring facility.

You’ll also get valuable insights into cloud adoption in the regulated Life Sciences industry, hear about updates to the revised ISPE GAMP Good Practice Guide on IT Infrastructure and much more!

The agenda and speakers are listed here: https://hubs.ly/H0b3TKs0

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Join BioBuzz and founding sponsor The Johns Hopkins University Montgomery County Campus at Bar Louie on March 14th. The Johns Hopkins University Montgomery County Campus offers part-time graduate courses in biotechnology fields. Students attend classes in the evenings and on Saturdays, enabling them to hold full-time jobs during the day. Depending on the degree area, students can fully complete their coursework in Montgomery County. Other students take some courses in Baltimore and/ or online.

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A new biotech company is opening in Gaithersburg, and is bringing with it 100 new jobs in the next three to five years.

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AstraZeneca has carved off six inflammation and autoimmune assets to create a new biotech, Viela Bio. The startup put together a $250 million series A round and a management team from its parent company to guide the mix of clinical and preclinical programs forward.

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You thought the Shark Tank was tough…

wait until you enter the the BioHealth Capital Region Crab Trap!

Submit your application for the opportunity to be named the company with the most commercial potential at the 2018 BioHealth Regional Forum, $10,000, and MORE!

Application Deadline: March, 30th 2018 

Finalists will be announced: April 9th, 2018 

Finalist Presentations BioHealth Capital Region Forum Event: April 24th, 2018

Submit an Application »

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Did you know you are required to file for and receive a Hazardous Use Permit every year if you are storing, handling or using any hazardous substance in excess of 5 gallons or 50 pounds? (Failure to do so could result in civil and criminal penalties.)  Learn how to do this at the free training session, March 8th, at the Germantown Innovation Center, hosted by BioHealth Innovation and Montgomery County’s Office of Emergency Management and Homeland Security

Bring your laptop and materials inventory to a 15 minute 1:1 meetings with County staff and they will help you register your materials as required on the County’s website.  (Pre-registration for these appointments is REQUIRED). 

To schedule an appointment, send your top 3 time preferences to BHI@BioHealthInnovation.org

Meeting slots are assigned on a first-come, first-served basis: 8:45, 9:00, 9:15 a.m. – Open 9:30-11:30 a.m. – Booked 11:30, 11:45 a.m.  – Open 12:00, 12:15 p.m. – Open

More information:  https://Hazmat.MontgomeryCountyMD.gov

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Baltimore’s Sisu Global Health Inc. is launching its first medical device product and planning for growth in 2018.

Sisu, founded in 2014, specializes in creating health technologies to solve public health problems. The company is backed by $2.1 million in funding from various sources including local investors Camden Partners, the Abell Foundation and state-backed Maryland Technology Development Corp. It also won an investment from venture capitalist and AOL co-founder Steve Case, through his Rise of the Rest initiative.

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The Centers for Disease Control and Prevention has awarded Emergent BioSolutions Inc. a $26 million contract to continue to supply a medical treatment to the government.

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The Maryland Tech Council (MTC) has announced the finalists for its 30th Anniversary Industry Awards Celebration. Winners will be revealed at a celebration on May 17, 2018 at The Hotel at The University of Maryland. The event, which draws more than 600 executives from the technology and life science communities, celebrates individuals and companies that have made a significant impact in their sectors.

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Tell us about the impact your research may make on the world. You could win a free pre-clinical research study valued up to $20,000 and $1,000 in cash, or additional cash prizes.  

SoBran and the Maryland Tech Council are celebrating the transformational science coming out of the Maryland and surrounding area by establishing the Innovation for Impact Prize.

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Natalia Majewska spent the summer after her junior year at Northwestern University interning in a lab at MedImmune, the Gaithersburg, Maryland-based global biologics research and development arm of pharmaceutical giant AstraZeneca. There, she worked in a lab developing synthetic proteins.

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A new incubator is helping its first companies at Johns Hopkins this school year. Run by a group of undergraduate students, The Hatchery Incubator is helping undergraduate students who are starting companies.

It’s an initiative of TCO Labs, a nonprofit organization founded by students that’s looking to provide more startup resources on campus.

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Silicon Valley is home to an abundance of VC firms, all of them competing to get in on the next big deal. But VCs also exist (and succeed) outside of the Bay Area. While Washington, D.C. may not be an obvious location to establish a venture capital firm, Lavrock Ventures set its sights on the political capital. The firm announced today that it has closed its first fund at $25 million to invest in early-stage startups at the intersection of enterprise software, cybersecurity, and national security.

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Personal Genome Diagnostics is adding to its IP portfolio to further develop new kinds of cancer tests.

A licensing deal announced Wednesday gives the Canton-based company exclusive rights to develop and commercialize products based on a key discovery at Memorial Sloan Kettering Cancer Center in New York. Financial terms were not disclosed.

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When: Tuesday, March 27, 2018 from 4:00 PM to 7:30 PM EDT

Where: Montgomery College Pinkney Innovation Complex: Science & Technology 20200 Observation Drive Germantown, MD 20876

Join us for our first Women in Pharma event! This community is for those in the pharmaceutical/biotech industry and is a community of mentors, resources across all levels, and provide educational sessions that will be an enabler for career success and work-life balance. All are welcome.

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The National Institute of Standards and Technology (NIST) is undertaking an ambitious plan to assess Federal technology transfer efforts to enable greater “Return on Investment” (ROI) from the Federal Government’s $140 Billion annual investment in research and development (R&D). NIST is uniquely positioned to implement this initiative through our government-wide leadership role within the Department of Commerce, including delegated (link is external) regulatory authority and responsibility for annual reporting to the President and Congress.

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For decades, state and local economies have leaned heavily on their anchor institutions during times of economic uncertainty and transition. An analysis finds that total employment in “Eds and Meds” industries increased in every state from 2005 to 2015. This article breaks down the growth and geography of Eds and Meds employment at the state level, while next week’s issue of the Digest will explore this data by metropolitan area.

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Emergent BioSolutions Inc. (NYSE:EBS) and Valneva SE (Euronext Paris:VLA) today announced the initiation of a Phase 1 clinical trial in the U.S. to evaluate the safety and immunogenicity of VLA1601, their vaccine candidate against Zika virus.

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“The first opportunity we have to delight or to upset a client is when they walk through the door either physically or virtually.”

Sounds like a tech executive, right? Jeff Bezos even? The Amazon boss often talks about delighting customers, after all, although until recently the ecommerce giant didn’t really have doors to physically walk through.

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Senti Biosciences, a startup that’s looking to make a new treatment that’s upending how we treat cancer, just raised $53 million.

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Apple is launching medical clinics for its employees in the latest attempt by a large tech company to address the U.S.’s growing healthcare problem. The new project, called AC Wellness, is launching sometime in the spring, according to its new website.

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Researchers from theUniversity of Maryland School of Medicine (UMSOM) and the University of Maryland A. James Clark School of Engineering have developed a new military vehicle shock absorbing device that may protect troops from traumatic brain injury (TBI) after a land mine blast. Over the past 18 years of conflicts in Iraq and Afghanistan, more than 250,000 troops have suffered such injuries.

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When: Wednesday, March 14, 2018 from 5:00 PM to 7:00 PM

Where: Bar Louie 150 Gibbs St Rockville, MD 20850

Join BioBuzz and founding sponsor The Johns Hopkins University Montgomery County Campus at Bar Louie on March 14th. The Johns Hopkins University Montgomery County Campus offers part-time graduate courses in biotechnology fields. Students attend classes in the evenings and on Saturdays, enabling them to hold full-time jobs during the day. Depending on the degree area, students can fully complete their coursework in Montgomery County. Other students take some courses in Baltimore and/ or online.

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Entrepreneurship is on the rise in Hampton Roads and there’s an event to celebrate it.

757 LAUNCH, from 12:30 p.m. to 2 p.m. on March 30 at the Selden Market in Norfolk, will showcase three new resources to support area entrepreneurs and startups.

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The Healthcare Information and Management Systems Society has acquired Healthbox, looking to tap the business accelerator for its consulting and fund management capabilities.

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Studying such real-world evidence offers manufacturers a powerful tool to prove the value of their drugs – something Roche (ROG.S) aims to leverage, for example, with last month’s $2 billion purchase of Flatiron Health.

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The i.Invest Competition is designed to help entrepreneurial-minded youth, ages 13 -19, further advance their business development and pitching skills and connect with mentors, judges and investors from across the country. The competition will:

• Showcase the entrepreneurial spirit of the nation’s brightest young leaders;
• Provide a venue for entrepreneurs to test their business plan and pitching capabilities;
• Offer opportunities for entrepreneurs to earn seed funding and connect with investors and potential customers;
• Position entrepreneurs to collaborate with mentors and coaches on the development of viable business models; and
• Provide opportunities for entrepreneurs to win cash and in-kind prizes.

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Across the globe, a collection of healthcare professionals gather around their computer screens in their respective offices in Beijing, Brussels, London, and Los Angeles. A skilled U.S.-based oncologist leads this virtual board in discussing a 38-year-old British patient with advanced lung cancer. Using virtual reality technology, the team is able to simultaneously review the patient’s entire disease profile, including her medical history and lifestyle, and see high-resolution pathology images and all sorts of other biological data.

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The University of Maryland’s SGA will send a letter to Amazon supporting Montgomery County for the company’s second headquarters, called HQ2.

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New BioHealth event free to attend with excellent speakers and no registration required

Sponsored by Montgomery County Councilmember George Leventhal

Wednesday, February 28, 7-9pm at Johns Hopkins University Montgomery County Campus

Moderator:

Richard A. Bendis, President and CEO BioHealth Innovation Inc.

Panelists:

Jarrod Borkat, Senior Director, External Partnerships & Collaborations, MedImmune

Dr. Chris Austin, Director National Center for Advancing Translational Sciences (NCATS), Nation Institutes of Health

Anthony Saleh, PhD, Founder & CEO, Mirecule

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You thought the Shark Tank was tough…

wait until you enter the the BioHealth Capital Region Crab Trap!

Submit your application for the opportunity to be named the company with the most commercial potential at the 2018 BioHealth Regional Forum, $10,000, and MORE!

Application Deadline: March, 30th 2018 

Finalists will be announced: April 9th, 2018 

Finalist Presentations BioHealth Capital Region Forum Event: April 24th, 2018

Submit an Application »

Read More

April 23-24  |  1 MedImmune Way, Gaithersburg MD 20878 

If you are director level or above, please register for 2018 BioHealth Capital Region Forum. This invitation-only event is free for executive level biohealth leaders and is presented by BioHealth Innovation, VirginiaBio, Inova, Children’s National Health System, QIAGEN, Maryland Tech Council, University System of Maryland and MedImmune/AstraZeneca. Maryland, Virginia, and Washington, DC set the bar high for biohealth innovation. So please join us for our Annual BioHealth Capital Region Forum that will highlight the accomplishments of today and chart our successes of tomorrow.

We are excited to bring you an exceptional line up of speakers. The program will feature sessions that focus on the Advancing Science and Accelerating Innovation.

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DATE AND TIME: Thu, March 8, 2018, 8:15 AM – 12:30 PM EST

LOCATION: Germantown Innovation Center, 20271 Goldenrod Lane, 2nd Floor, Germantown, MD 20876

Did you know you that, by law, you are required to file for and receive a Hazardous Use Permit* every year if you are storing, handling or using any hazardous substance in excess of 5 gallons or 50 pounds? Failure to do so could result in civil and criminal penalties.

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150 post docs from the National Cancer Institute (NCI) and other institutes at NIH had the opportunity to meet BioHealth Capital Region industry leaders and discuss possible career paths in the private sector at two different events this month. The events, co-hosted by BioHealth Innovation, WorkSource Montgomery, SciPhd and BioBuzz, were held in conjunction with SciPhd workshops hosted at NIH’s main campus and at the NCI campus in Rockville which are focused on training scientists for professional careers. BioHealth Innovation is working with local partners to support the growth of the region’s biohealth industry talent pool with entrepreneurial and commercially relevant experience.

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FluMist Quadrivalent has returned to the Centers for Disease Control and Prevention’s recommended list of flu vaccines, drugmaker AstraZeneca announced.

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The Maryland Tech Council’s Industry Awards Celebration will take place on May 17, 2018 at The Hotel at the University of Maryland. This is our 30th year recognizing the high achievers in the regional technology, life science and government contracting industries.

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Johns Hopkins students have access to a new funding source designed to ignite innovative ideas that may one day develop into the next great company founded by a university student.

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Shares of Gaithersburg-based Novavax Inc. have spiked again, jumping by 18 percent during Friday trading, as the company is increasingly considered a promising acquisition target.

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Our region has a vibrant innovation ecosystem that is one of the most important in the United States. Advanced technologies that drive the country’s economy are nurtured here and further developed and deployed by our highly talented workforce and entrepreneurs. People often don’t see the scale and depth of our innovation and entrepreneurship activity because they focus on the wrong metric.

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The National Foundation for Cancer Research (NFCR) announced today that the 2018 Szent-Györgyi Prize for Progress in Cancer Research will be awarded to Douglas R. Lowy, M.D., and John T. Schiller, Ph.D., for development of vaccines for human papillomavirus (HPV), which causes 99% of cervical cancer cases. Collaborators for over 30 years at the U.S. National Cancer Institute (NCI) in Bethesda, Lowy and Schiller developed the first Food and Drug Administration approved vaccines specifically targeting cancer.

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Today, KeyGene announces that its European Patent EP 2813141 entitled ”Directed strategies for improving phenotypic traits”, was upheld after oral proceedings at the European Patent Office. The patent, granted August 5, 2015, is part of KeyGene’s accelerated molecular breeding estate and protects methods for improving phenotypic traits of interest in crops or animals.

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TEDCO and the Abell Foundation are the might and money behind local startups.

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“If an 1890s physicist time-travelled to a physics laboratory today, he would be totally flummoxed. But, if Louis Pasteur were transported to a microbiology laboratory just a few years ago, he very likely would have rolled up his sleeves and gone to work. That’s because, compared to physics labs, not much has changed regarding microbial systematics. Microbial systematics—the identification and characterization of microorganisms—simply had to be modernized,” says Rita Colwell, Ph.D., founder of CosmosID.

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Four world-renowned universities are eyeing Hong Kong as a stronghold in Asia for developing cutting-edge stem cell research as the city’s financial chief is expected to announce incentives to make it easier for foreign research institutions to invest in innovation and technology locally, the Post has learned.

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The Robert E. Fischell Institute for Biomedical Devices is bringing together skilled scientists, medical doctors, health practitioners, and bioengineers who are working to research, design, and build biomedical devices to benefit humanity, while simultaneously training the next generation of innovators.

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Tell us about the impact your research may make on the world. You could win a free pre-clinical research study valued up to $20,000 and $1,000 in cash, or additional cash prizes.

SoBran and the Maryland Tech Council are celebrating the transformational science coming out of the Maryland and surrounding area by establishing the Innovation for Impact Prize.

Read More

PitchMasters™, a recently launched event for entrepreneurs preparing to raise their first institutional or ‘A’ round of capital, has announced dates for 2018. The event series aims to bring together four early-stage or start-up companies and experienced entrepreneurs, investors and industry influencers to hone pitching skills, provide practical insights and guidance, and form new network connections. For 2018, PitchMasters seeks participants for its March 7, June 6, September 12 and December 6 events.

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Margot Connor has global ambitions for her company, RoosterBio Inc. But she expects that it will stay connected to its Frederick roots.

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With federal spending on Medicaid experiments soaring in recent years, a congressional watchdog said state and federal governments fail to adequately evaluate if the efforts improve care and save money.

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A group of 100 public universities will work with the Association of Public and Land-grant Universities to produce hundreds of thousands of additional degrees while also reducing achievement gaps for underrepresented student groups.

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Dueling neural networks. Artificial embryos. AI in the cloud. Welcome to our annual list of the 10 technology advances we think will shape the way we work and live now and for years to come.

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Prior research has found that drinking a glass of red wine a day may protect against cardiovascular diseases, diabetes, and neurodegenerative disorders. The latest laboratory studies by researchers in Spain now suggest that the polyphenols in red wine could also protect against the bacteria that cause tooth cavities and gum disease.

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Kenneth Frazier, the CEO of the pharmaceutical company known as MSD outside of North America, discusses his upbringing and how it influences his leadership as chief executive. He is one of the few African-American CEOs in the Fortune 500, and shot to prominence after resigning from a council advising the Trump White House. Frazier discusses the importance of values in leadership and how Merck thinks about R&D and drug prices.

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It’s great to start with a big dream as you contemplate a new business, but finding the money you need takes more than dreaming. As an advisor to young entrepreneurs, I find that many are a bit naïve about how the investment process really works. For example, I just read an otherwise impressive business plan last week from a first-timer who asked for $10 million to get started.

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Rachel K. King, Co-Founder and CEO, GlycoMimetics, Inc. (GMI), joins Rich Bendis for the latest episode of BioTalk. They cover topics from her background in the industry to running a publicly traded company in the BioHealth Capital Region. Before founding GMI, she was an Executive in Residence at New Enterprise Associates (NEA), one of the nation’s leading venture capital firms.  Mrs. King came to NEA after serving as a Senior Vice President of Novartis Corporation. She also served as Chairman of International BIO.

Listen now on iTunes , Google Play , and TuneIn. 

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Looking for a deal in your backyard? The NIH is the world’s largest investor in early stage life sciences companies. Over 1000 companies annually tap into NIH’s SBIR and STTR program for nondilutive funding to the tune of $980M in FY17. Did you know the NIH maintains RePORTER, an online database, of all funded companies and projects?

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BHI is working with several regional partners to cultivate local biohealth research talent and help those with interest and qualifications transition to industry.

This month, BHI is co-hosting with NCI, WorkSource Montgomery, and BioBuzz two PostDoc-Industry Connections Happy Hours enabling NCI postdocs and others at NIH to learn more about local opportunities in the region’s biohealth industry. Industry participants are invited to attend these complimentary networking receptions and share their thoughts regarding career paths and opportunities in the field.

Registration is free but limited. RSVPs are required. Please RSVP using the following links:

2/20 – 5-7:00 p.m. – JHU Montgomery Campus, Rockville – RSVP here

Save the date: 6/20 – Industry Postdoc Hiring Event – NCI Rockville Campus

Questions/more information?

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You thought the Shark Tank was tough…

wait until you enter the the BioHealth Capital Region Crab Trap!

Submit your application for the opportunity to be named the company with the most commercial potential at the 2018 BioHealth Regional Forum, $10,000, and MORE!

Application Deadline: March, 30th 2018 

Finalists will be announced: April 9th, 2018 

Finalist Presentations BioHealth Capital Region Forum Event: April 24th, 2018

Submit an Application »

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April 23-24  |  1 MedImmune Way, Gaithersburg MD 20878 

This invitation-only event is free for executive level biotech leaders and is presented by BioHealth Innovation, VirginiaBio, Inova, Children’s National Health System, QIAGEN, Maryland Tech Council, University System of Maryland and MedImmune/AstraZeneca. Maryland, Virginia, and Washington, DC set the bar high for biotech innovation. So please join us for our Annual BioHealth Capital Region Forum that will highlight the accomplishments of today and chart our successes of tomorrow.

We are excited to bring you an exceptional line up of speakers. The program will feature sessions that focus on the Advancing Science and Accelerating Innovation.

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Mallinckrodt plc (NYSE: MNK), a leading global specialty pharmaceutical company, today announced it has closed the acquisition of Sucampo Pharmaceuticals, Inc., a global biopharmaceutical company, including its commercial and development assets.

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Seventy-five years ago, Silicon Valley was fruit orchids and Detroit was dominating the most exciting industry in the nation. “Things can change,” Steve Case said of the tidal shifts of the U.S. innovation economy.

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Swiss drugmaker Roche Holding AG (ROG.S) said on Thursday it would buy the rest of U.S. cancer data company Flatiron Health for $1.9 billion to speed development of cancer medicines and support its efforts to price them based on how well they work.

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The big headline out of the health care M&A world today is Swiss pharmaceutical giant Roche’s $1.9 billion acquisition of Flatiron Health, the Alphabet-backed, cancer-focused digital health analytics upstart that’s attempting to use real world patient information and big data to spur better oncology R&D.

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Congress recently enacted the most significant overhaul to the U.S. Internal Revenue Code (the Code) in decades. The legislation, commonly known as the Tax Cuts and Jobs Act (the Act), includes a number of changes to the Code that apply to corporate and pass-through businesses. This Q&A summarizes the key tax and employee benefits changes in the Act that impact domestic emerging growth enterprises and start-ups. For additional information on the Act, see our prior alerts: Congress Passes Tax Cuts and Jobs Act and U.S. House and Senate Pass Reconciled Tax Cuts and Jobs Act.

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The Food and Drug Administration plans to use a proposed $400 million boost in federal funding to focus on a range of innovative approaches to speed the approval of new medical devices and create a new center that would support digital health oversight and address cybersecurity concerns.

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Startup Maryland today unveiled the Overall Great Eight and other sub-category finalist for the Pitch Across Maryland Competitions. Startup Maryland is proud to showcase the finalists along with all the ventures who participated in the 2017 STRT1UP Roadshow celebration of innovation and entrepreneurship. This year’s Overall Great Eight Finalist are listed below with a link to their pitch video.

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