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Alios BioPharma Raises $41 Million in Series B Financing – MarketWatch

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Alios BioPharma, Inc., a biotechnology company developing proprietary therapeutics for respiratory viral diseases, today announced it has completed a $41 Million Series B financing. All existing investors — Novo Ventures, SR One, Roche Venture Fund and Novartis Ventures — participated in this round, which was led by a new, undisclosed investor.

“We are pleased to welcome our newest investor and to have the continued support from our current investors for this round of financing,” stated Lawrence M. Blatt, PhD, President and Chief Executive Officer of Alios BioPharma. “This funding will allow Alios to retain ownership and control of our novel, first-in-class anti-respiratory virus development programs.”

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Sanaria wins prestigious 2014 Vaccine Industry Excellence Award

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Rockville-based malaria vaccine development company Sanaria Inc. won the 2014 Vaccine Industry Excellence (VIE) Award for the “Best Prophylactic Vaccine” presented last week during the 14th World Vaccine Congress.

The Sanaria® PfSPZ Vaccine demonstrated complete protection against malaria in all volunteers (6/6) who received high dose immunizations in a trial at the Vaccine Research Center (VRC), National Institute of Allergy and Infectious Diseases (NIAID), NIH.

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GlycoMimetics Names Tim Pearson to Board of Directors and as Audit Committee Chair – Top News – InsuranceNewsNet.com

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GlycoMimetics, Inc. announced the addition of Timothy Pearson to its Board of Directors.

According to a release, Pearson most recently held the position of Chief Financial Officer, Executive Vice President and Treasurer at Catalyst Health Solutions, a publicly held pharmacy benefit manager with over $5 billion in revenues. Pearson led the company’s financial activities, including performance management, investor relations, SEC compliance, capital strategy and planning, until SXC Health Solutions (now Catamaran Corp.) acquired Catalyst in 2012. Pearson had previously served as Chief Financial Officer and Executive Vice President of MedImmune, the global biologics business for AstraZeneca PLC, where he had functional responsibility for finance, information technology, strategic planning and governance, and was a member of MedImmune’s Executive Team.

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What Made Me: University of Maryland President Wallace Loh – Washingtonian

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Leaving home: My father was a Chinese diplomat, posted in Peru. After Mao’s revolution, my parents opened a grocery store in Lima. They worked seven days a week, and we lived in the back. When I was 15, my parents sent me to America with $300. “Make a life for yourself,” they said.

Making the grade: In my first year at college in Iowa, I was learning a new language, attending school, and working 25 hours a week. When I got a C-minus, I told my professor Paul Uhlinger I wanted to return to Peru. He said, “Never let where you come from determine where you will go.” He had more confidence in me than I had in myself.

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One Step Closer to the Artificial Pancreas: Interview with Medtronic’s Dr. Francine Kaufman

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At Medgadget we love artificial organs, from kidneys to hearts to skin. The pancreas is no exception. We recently had the opportunity to speak with Medtronic Diabetes’ Chief Medical Officer and VP of Global, Clinical, and Health Affairs, Dr. Francine Kaufman, about the most recent step that Medtronic has taken towards developing a fully-functional artificial pancreas.

Shiv Gaglani, Medgadget: Can you describe how the artificial pancreas works?

Dr. Francine Kaufman: A fully automated “artificial pancreas” is a system that closely mimics the insulin delivery of a working pancreas using advanced technology that continuously monitors glucose levels and automatically adjusts insulin delivery with minimal or no patient interaction.

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Biotechs Rule as IPO Market for Venture-Backed Companies is Best Since 2000 – Venture Capital Dispatch – WSJ

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The IPO market for venture-backed companies is off to a much stronger start than last year, which didn’t really get going until the second quarter.

Castlight Health officials celebrate the company’s IPO at the New York Stock Exchange on March 14. Reuters There were 36 initial public offerings in the first three months of this year compared with eight a year ago, according to data from Thomson Reuters and the National Venture Capital Association. It was the strongest quarter for IPOs since the third quarter of 2000.

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Johns Hopkins Technology Transfer Office looking to fill a Portfolio Director Position

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The Johns Hopkins Technology Transfer Office is looking to fill a Portfolio Director position. The Portfolio Director will manage a team of licensing professionals and provide scientific, intellectual property, licensing and marketing expertise, mentorship, team building for members working within the portfolio and across portfolios, educational outreach, relationship management, organizational and communication skills to commercialize inventions resulting from research at Johns Hopkins University.

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GlycoMimetics Appoints Tim Pearson to Board of Directors and as Audit Committee Chair – WSJ.com

By News Archive

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GlycoMimetics, Inc. announced today the addition of Timothy Pearson to its Board of Directors. Mr. Pearson most recently held the position of Chief Financial Officer, Executive Vice President and Treasurer at Catalyst Health Solutions, a publicly held pharmacy benefit manager with over $5 billion in revenues. Mr. Pearson led the company’s financial activities, including performance management, investor relations, SEC compliance, capital strategy and planning, until SXC Health Solutions (now Catamaran Corporation) acquired Catalyst in 2012. Mr. Pearson had previously served as Chief Financial Officer and Executive Vice President of MedImmune, the global biologics business for AstraZeneca PLC, where he had functional responsibility for finance, information technology, strategic planning and governance, and was a member of MedImmune’s Executive Team.

“Having completed our initial public offering in early 2014, it’s ideal for us to now be adding an experienced public company CFO to our Board roster,” said Rachel King, CEO of GlycoMimetics. “The addition of Tim to our Board of Directors comes at the perfect time for our company given his financial experience at MedImmune and Catalyst Health Solutions.”

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Institute for Genome Sciences Awarded FDA Contract to Expand Genome Sequence Database for Pathogen Identification

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Researchers at the Institute for Genome Sciences at the University of Maryland School of Medicine have been awarded a research program contract from the U.S. Food and Drug Administration (FDA) to sequence, assemble, and annotate a population of bacterial pathogens using two high-throughput sequencing (HTS) technologies in support of the expansion of a vetted public reference database.

The continued development of HTS technologies for accurate identification of microorganisms for diagnostic use will have significant impact on human healthcare, biothreat response, food safety, and other areas. Developing a comprehensive, curated database of microbial genome sequences and associated metadata will serve as a valuable reference to evaluate and assess HTS-based diagnostic devices. Leading the sequencing and analysis phases of the project, the Genomics Resource Center (GRC) at the Institute is a cutting-edge genomic sequencing and analysis center with a long history of high-quality microbial genomics research that has sequenced and analyzed more than 5,000 microbial genome sequences in just the past five years.

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