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Biotech Company Sanaria Launches $250k Crowdfunding Campaign on Indiegogo to End Malaria – Crowdfund Insider

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Ready to put an end to a devastating disease, Maryland-based biotechnology company Sanaria launched a crowdfunding campaign on Indiegogo to eliminate the threat of malaria. The company is aiming to raise $250k to develop of SporoBot, a robot that will dissect mosquito salivary glands and to accelerate vaccine development.

Malaria is a vector borne disease that is transmitted by the bite of an infected mosquito. During the bite, it regurgitates parasitic protozoa Plasmodium falciparum. This is then embedded in the host’s liver until it matures and releases its progeny. It then destroys the host’s red cells and ultimately kills the host.

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Funding: Biotechnology Investor Incentive Tax Credit (BIITC)

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During the Spring 2014 Maryland legislative session, the Biotechnology Investment Incentive Tax Credits were increased by $2M to $12M. The electronic queue for these credits will take place on July 1, 2014. To participate in this queue, companies must register by submitting their complete application (form A1/A2/A3 and form B) to the Maryland Department of Business and Economic Development (DBED) Tax Incentives Group between June 2nd and June 27th.

Companies seeking to confirm their QMBC (Qualified Maryland Biotechnology Company) status prior to June 2nd may do so by submitting their company’s information (form B) to DBED between May 19th and May 30th.

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BioBuzz MoCo is back! Join us on May 21st

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Join us at another BioBuzz event with Sponsor The UMD Biotechnology Research and Education Program (BREP) on May 21st from 5:00 – 7:30 p.m. at American Tap Room in Rockville, MD. .This location is a short walk from the Metro in the Rockville Town Center. We’re capping the registration at 120 people, so make sure you sign up today!

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The Government Contracting Institute Announcing a Class Outlining the Federal SBIR/STTR Small Business Programs – PR.com

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The Government Contracting Institute, sponsored by TargetGov and bwtech@UMBC, introduces a new class covering the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs. The class, called “How the SBIR/STTR Program Can Help Grow Your Business” will be held at bwtech@UMBC’s South Campus on May 27, 2014. Representatives from the Department of Homeland Security (DHS) and the National Institutes of Health (NIH) will be an integral part of the class instruction.

The SBIR/STTR programs promote small business innovation and profitability while simultaneously meeting the government’s research and development needs. Every year, small businesses receive millions of dollars in SBIR/STTR funds for research, development and commercialization purposes. This course will provide attendees with an overview of the SBIR/STTR programs; funding sources and eligibility requirements; best practices in SBIR/STTR proposals writing, involvement, and commercialization; and a discussion of how to protect your company’s legal interests in either program.

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Scientist to make humanised pig organs

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Genome pioneer J. Craig Venter is teaming up with a unit of United Therapeutics to develop pig lungs that have been genetically altered to be compatible with humans, a feat that, if successful, could address the urgent need for transplant organs for people with end-stage lung disease.

Venter’s privately held company Synthetic Genomics said it has entered a multiyear deal with United Therapeutics’ Lung Biotechnology to develop the so-called humanised pig organs.

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Maryland Science Center Enhances SciLab, Laboratory Experience for Visitors – MarketWatch

By News Archive

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The Maryland Science Center’s newly expanded and re-imagined space, SciLab , is now open, providing a unique, popular and hands-on laboratory science simulation for visitors. The 2,000-square-foot expansion was partially funded by a $100,000 contribution from BD Diagnostics, a segment of BD (Becton, Dickinson and Company) BDX +1.01% , a leading global medical technology company. SciLab’s expansion includes a classroom space, new investigation stations and additional laboratory gear that enhance educational opportunities for visitors and local school groups.

Visitors to SciLab will don lab coats, wear safety glasses and experiment with dozens of lab tools at large investigation stations to explore scientific wonders including chemical composition analysis, DNA extraction, optical illusions and the inner workings of the human body. “SciLab Scientists” will use test tubes, pipettes, beakers and microscopes while measuring, mixing, stirring and observing their way to testing a hypothesis.

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Maryland Incubator Company of the Year Awards selects 22 finalists – MDBIZNews

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Nearly 30 business incubators throughout Maryland are fostering the next generation of entrepreneurs, breaking down barriers to entry and introducing new talent to investors.

For the past 14 years, organizers of the Maryland Incubator Company of the Year Awards have honored the most promising startups emerging from the State’s incubators. From among 22 finalists, this year’s category winners will be announced at the American Visionary Art Museum in Baltimore on June 10, the competition announced Wednesday.

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Thomson Reuters Announces Winners of the Allicense 2014 Breakthrough Award for Top Pharma Deals of 2013 – MarketWatch

By News Archive

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The Intellectual Property & Science business of Thomson Reuters , the world’s leading provider of intelligent information for businesses and professionals, honored Amplimmune, Inc. and Medimmune for their work in pharmaceutical Mergers and Acquisitions (M&A), and Isis Pharmaceuticals and Biogen Idec for biopharmaceutical licensing with the Allicense 2014 Breakthrough Award for Deal of the Year .

The winners were announced Tuesday, April 29, after a public vote at 2014 Allicense , a prominent event connecting business development, licensing, and merger and acquisition (M&A) professionals throughout pharma, biotech and finance to discuss industry-wide challenges and collaborate on creating a roadmap for the future of pharmaceutical development. The annual award honors the top global deals in two categories: M&A and Biopharmaceutical Licensing. Five contenders in each category were nominated by Thomson Reuters deals analysts after a thorough analysis of information in Thomson Reuters Recap —the premier analysis tool for biopharmaceutical business deal making—and other criteria that examined hundreds of deals negotiated throughout 2013.

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BioMaryland News and Events – May 8, 2014

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Top Story: QMBC Determinations for the Maryland Biotech Investment — Incentive Tax Credits (BIITC) Begin May 19th; Line-up July 1st

The electronic line-up for the next round of Maryland Biotechnology Investment Incentive Tax Credits (BIITC) will take place July 1, 2014.  To participate in this queue, companies must register by submitting their completed application (Form A and Form B) to the Maryland Department of Business and Economic Development (DBED) Tax Incentives Group between June 2nd and June 27th.   

Companies seeking to confirm their QMBC (Qualified Maryland Biotechnology Company) status prior to June 2nd may do so by submitting their company’s information (Form B) to DBED’s Tax Incentives Group between May 19th and May 30th.  

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