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GEN

GEN: Top 50 NIH-Funded Institutions of 2024

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NIHCommon

New NIH Research Awards Support Community-Led Research to Reduce Health Disparities

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NIHCommonThe NIH Common Fund is funding five new research awards to Health Equity Research Hubs that will support community-led research projects. These awards total more than $37 million over five years, pending availability of funds.

Structural factors in communities such as access to education, health care, and social context shape the health of those communities and contribute to ongoing health disparities. Developing new programs that target the causes of these disparities is integral to improving equal access to health resources. The needs of communities vary, so input from individuals and local leadership is critical to develop successful, sustainable initiatives. The Community Partnerships to Advance Science for Society (ComPASS) Program was designed for community-based organizations to lead the way in researching, designing, implementing, and assessing projects that address community needs and reduce health disparities.

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Tagworks

Tagworks Pharmaceuticals Appoints Ken Mills as Chief Executive Officer

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TagworksNIJMEGEN, Netherlands and BOSTONOct. 1, 2024 /PRNewswire/ — Tagworks Pharmaceuticals BV (“Tagworks”), a precision oncology company using its proprietary Click-to-Release treatment platform to develop a new standard of care for patients suffering from solid tumors by targeting clinically validated tumor markers that so far have remained out of reach of current therapies, today announced the appointment of Ken Mills as Chief Executive Officer and member of the Board of Directors. As part of this planned CEO leadership transition, Marc Robillard, Ph.D., the founding CEO of Tagworks, will continue in the role of Chief Scientific Officer and as a board member.

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Emergent

Emergent BioSolutions Announces Closing of $100 Million Asset-Backed Loan Facility

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EmergentGAITHERSBURG, Md., Oct. 02, 2024 (GLOBE NEWSWIRE) — Emergent BioSolutions Inc. (NYSE: EBS) announced today that it entered into a new credit agreement on September 30, 2024 providing for an asset-based revolving loan facility (ABL) with the lenders party thereto and Wells Fargo Bank, National Association, as administrative agent. The credit agreement provides for revolving loan commitments in an aggregate principal amount up to $100 million (availability is based on a borrowing base set forth therein) with a fixed maturity date of September 30, 2029, subject to early maturity triggers based on the maturity of its other material indebtedness. The new credit facility brings additional liquidity to support Emergent’s multi-year transformation plan. As of September 30, 2024, Emergent had a cash balance of approximately $150 million and undrawn access to $100 million under the ABL.

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Children’s National, Additional Ventures announce finalists in pediatric medical device competition

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ChildrensWASHINGTON, Oct. 01, 2024 (GLOBE NEWSWIRE) — Ten medical technology innovators focused on pediatric cardiology have been selected to compete for $300,000 in grants in the “Make Your Medical Device Pitch for Kids!TM” competition on Oct. 14 in Toronto, Canada.  

The competition is presented by the Alliance for Pediatric Device Innovation (APDI), a nonprofit consortium led by Children’s National Hospital and funded through the Food and Drug Administration (FDA), and Additional Ventures, a nonprofit focused on accelerating research progress and improving clinical care for individuals born with single ventricle heart defects. Selected by an internal committee, ten finalists will compete for up to $50,000 each in grant funding and opportunities to access support services and technical expertise provided by APDI and Additional Ventures, including engineering, regulatory, reimbursement, clinical trials study design and data science services.  

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biobridges logo

BioBridges’ Expands Services with Dedicated MedTech Division

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biobridges logoMorrisville, NC – September 25, 2024– BioBridges, a leading provider of people and technology solutions for the life sciences industry, announces the launch of a dedicated MedTech division. 

As the MedTech industry undergoes significant transformation, driven by advances in AI and shifting regulatory landscapes, BioBridges is poised to support companies navigating these changes.  

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IP watchdog

IPWatchdog LIVE 2024

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JIP watchdogoin us for our Fourth Annual IPWatchdog LIVE Conference

Bringing together the intellectual property community – from politicos, to business executives, to attorneys, and inventors, IPWatchdog LIVE gives everyone from all sides of the debate the opportunity to have a fulsome discussion of the most important issues facing the industry from their perspectives. With a focus on exceptional networking opportunities, and A+ content. Our philosophy has always been that “Content is King”, and that will show clearly at this Conference. With A+ speakers and top-level content, we will create a center of gravity to attract the IP community. Making networking a priority, we will have THREE (3) networking cocktail receptions, two breakfasts, two lunches, and 5 networking breaks, where attendees can and do mingle with numerous high-ranking in-house counsel (just look at our speaker list), current and former government officials, current and former Judges, top lobbyists, and Hill Staffers. #IPWLIVE2024

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Altimmune

Gaithersburg’s Altimmune Completes Enrollment in Phase 2b IMPACT Trial of Pemvidutide in Metabolic Dysfunction-Associated Steatohepatitis (MASH)

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AltimmuneGAITHERSBURG, Md., Sept. 30, 2024 (GLOBE NEWSWIRE) — Altimmune, Inc. (Nasdaq: ALT), a clinical-stage biopharmaceutical company, today announced completion of patient enrollment in IMPACT, its Phase 2b biopsy-driven trial evaluating pemvidutide in metabolic dysfunction-associated steatohepatitis (MASH) and provided an update on additional development and regulatory initiatives related to pemvidutide.

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Childrens

WBJ: Children’s National lands $35M gift to advance prenatal, neonatal treatment

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ChildrensBy Alan Kline – Senior Editor, Washington Business Journal – Sep 26, 2024 – Children’s National Hospital has landed another large gift from the government of the United Arab Emirates (UAE), this time to help support prenatal and neonatal care and research. 

The $35 million donation, announced Thursday, comes some five years after the UAE donated $30 million to help Children’s build its research and innovation campus at the former Walter Reed Medical Center and 15 years after it provided a gift of $150 million for construction of the Sheikh Zayed Institute for Pediatric Surgical Innovation, named for the UAE’s founding father.

The UAE’s support of Children’s National dates to the early 1990s, when the UAE opened a medical office in D.C. Since then, the partnership has yielded 82 U.S. patents and “countless medical breakthroughs for kids and their families,” Children’s National said in a news release. 

The UAE government also counts on Children’s National to provide care to dozens of Emirati families that travel to D.C. each year to access the hospital’s advanced services and treatments. 

The donation, among the largest in Children’s history, is biggest the hospital has received since Michelle Riley-Brown replaced Kurt Newman as president and CEO about 15 months ago. Just before Newman retired, an anonymous family donated $96 million to help fund research and treatments for pediatric brain tumors. 

“I am deeply grateful for the UAE’s most recent gift,” Riley-Brown said in a statement. “The contribution will positively impact children and families and support the teams of researchers and specialists who dedicate their lives to developing innovative medical care.”

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Emergent

Emergent BioSolutions Announces the Execution of Contract Options Valued at $67.4 Million to Procure Additional TEMBEXA® (brincidofovir) to Support National Preparedness Efforts

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EmergentGAITHERSBURG, Md., Sept. 26, 2024 (GLOBE NEWSWIRE) — Emergent BioSolutions Inc. (NYSE: EBS) (“Emergent”) today announced that two contract options have been secured to procure additional treatment courses of TEMBEXA® (brincidofovir) to sustain the U.S. government’s national preparedness posture against human smallpox. TEMBEXA® is indicated for the treatment of human smallpox disease in adult and pediatric patients, including neonates. The order is valued at $67.4 million and executes procurement options CLIN0004A and CLIN0005A under Emergent’s existing 10-year contract.

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