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NIH SBIR/STTR Grants: Seed Funding for Biotech Development

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You may have a great idea for a new diagnostic, drug, or technology but developing, testing, and commercializing it takes money. One very viable source for a biotech start-ups in the US are SBIR and STTR Small Business Technology Development grants.

These federal grant programs provide essential funds for hundreds of entrepreneurs to get their technology out of the lab into the market. In fact, with awards totaling about $700 million per year, the SBIR/STTR program is one of the leading sources of seed funds for start-ups and small businesses developing new disease and health related technologies.

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Johns Hopkins receives $5.8M grant to study frailty among older adults

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The Johns Hopkins University’s schools of medicine and public health received a $5.8 million federal government grant for research on frailty among older adults. The five-year grant will allow the university to continue research designed to identify the causes of frailty in older adults and speed the development of interventions to slow or stop it.

The grant renews funding of the Johns Hopkins Claude D. Pepper Older Americans Independence Center (OAIC ), a federally designated center of excellence that is one of only 14 such university sites nationwide supported by the National Institute on Aging (NIA ). The centers are named for a longtime Democratic member of Congress who championed support for older adults.

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University Of Maryland, Baltimore’s Licensing Deals Fuel Local Life Sciences Community – Baltimore Business Journal

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University of Maryland (UM) Ventures announced today agreements between University of Maryland, Baltimore (UMB) and five different life sciences companies across the Baltimore/Washington metropolitan region. The companies include Montgomery County-based Rexahn Pharmaceuticals, Baltimore County-based Plasmonix, Prince Georges County-based IGI Technologies, Howard County-based A&G Pharmaceuticals, and Frederick County-based BioAssay Works. These deals are part of UM Ventures’ continual efforts to accelerate technology commercialization, advance industry collaboration, and support projects with commercial value at both the Baltimore and College Park campuses of the university.

“UMB is very excited to collaborate with these companies, each an innovator in its own right,” said Phil Robilotto, Assistant Vice President, Office of Technology Transfer, UMB. “These types of collaborations are at the core of our mission to channel the expertise of our industry partners and highlight our efforts to support the Maryland biotechnology community.”

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3 healthcare trends about startups (courtesy of the MedCity Monthly Startups Index) – MedCity News

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MedCity News writes about all kinds of startups whether their pitch is more at home on CNN or MIT’s Technology Review. We are always so focused on what’s coming next that we forget to reflect on all the companies we have recently discovered. To solve this, we’ve created a monthly report to make sure none of our readers missed any of these posts.

Our new Monthly Startups Index is a free (e-mail registration required) compendium of the early-stage activity across healthcare. It is a piece of business intelligence that includes MedCity’s deeper looks at select early-stage companies, chronicles the investment activity and other news, and even highlights which startups got the most attention from MedCity readers every month.

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The doctor will email you now, and patients like it – ScienceBlog.com

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Patients like it and so do health organizations, but electronic communications in clinical care will likely not be widely adopted by primary care physicians unless patient workloads are reduced or they are paid for the time they spend phoning and emailing patients, both during and after office hours.

Those are some key conclusions of an in-depth examination by investigators at Weill Cornell Medical College of six diverse medical practices that routinely use electronic communication for clinical purposes. The detailed report, the most comprehensive of its kind, appears in the August issue of the journal Health Affairs.

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The Rise of Robotics for Physical Therapy – Venture Capital Dispatch – WSJ

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A person who has suffered from a stroke or spinal-cord injury might need to use crutches or a wheelchair as they gradually regain lost motion through physical therapy.

But these patients could see drastically different effects strapping on a robotic bodysuit or a bionic limb and walking around like Iron Man as they heal. And such digital hardware has the potential to make them recover faster, as well.

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Governor Visits UM BioPark to Showcase Investment in Life Sciences

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Governor Martin O’Malley called attention to state investments in technology during a visit on July 31 to the University of Maryland BioPark, where he spent time in corporate laboratories with chief executive officers and their employees.

Jay A. Perman, MD, president of the University of Maryland, Baltimore (UMB), joined O’Malley on the tour and at a news conference, where the governor spoke about the importance of supporting the life sciences. O’Malley noted that the state has a plan to invest $1.3 billion in life sciences by 2020 and has increased tax incentives to encourage biotechnology and research and development.

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UMUC establishes way for students to earn credit through “Massive Open Online Courses” – Washington Post

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The University of Maryland University College announced Wednesday it will be the first in the state’s university system to create a path for students to earn academic credit for learning through “massive open online courses.”

The university is one of the nation’s largest public providers of online higher education with an enrollment of about 93,000 students.

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