Johns Hopkins University’s board of trustees has voted to renew the contract of President Ronald J. Daniels, keeping him at the helm of the nation’s first research university for another five years. The unanimous board action today signaled a strong and clear endorsement for Daniels, who has been instrumental in leading and advancing the mission of the university.
The reappointment, announced by board chairman Jeffrey H. Aronson, extends Daniels’ contract to 2019.
Venture capitalists more than doubled their investment in companies based Baltimore- and Washington, D.C.-area companies in 2013.
Venture firms invested more than $1.5 billion in the region in 2013, making that the biggest year for investment since 2001, according to the latest MoneyTree Report from PricewaterhouseCoopers and the National Venture Capital Association. Maryland companies took in 43 percent of that investment money.
Funding and Research Opportunities
The following funding opportunity announcements from the NHLBI or other components of the National Institutes of Health, might be of interest:
NIH Guide Notices:
Please note that most links to RFAs, PAs, and Guide Notices will take you to the NIH Web site. RFPs will take you to FedBizOpps. Links to RFPs will not work past their proposal receipt date. Archived versions of RFPs posted on FedBizOpps can be found on the FedBizOpps site using the FedBizOpps search function. Under “Document to Search,” select Archived Documents.
Underwriters have snapped up another 1 million shares of GlycoMimetics Inc. stock, the Gaithersburg biotech announced this week, marking the close of its $64.4 million initial public offering.
GLYC debuted on the Nasdaq last week in the Washington region’s first IPO of 2014, selling a total 8 million shares at $8 apiece. Net proceeds to the company will be around $57.4 million, much of which will pay expenses to advance one of its oncology drug candidates through the clinic.
Thursday, January 30 | 1:30 – 6:30 pm
Shark Tank is a one-of-a-kind event where industry experts pose stimulating questions to CBID MSE student teams about their medtech projects. A mid-year design project showcase and reception will follow the challenging throw down.
It’s rare for me to hear a panel discussion on digital health and not hear the same conversation repeated and reiterated over and over again. In a discussion between health IT company CEOs at the JP Morgan Healthcare conference, some of the most interesting points raised were the ones the healthcare industry is struggling with the most. Of course, there were a lot of sound bites too. Here are five of the most interesting digital health insights.
If you control the capital, you control the data and if you control the data, you control the product. This is a sound bite, but that doesn’t make it any less true. Providers’ relationship with their digital health companies revolves around this balance. Digital health companies are using their technology to help providers deliver better patient care. But investors have an impact in shaping business model. With the shift to outcomes-based care, data generated by digital health tools will become even more critical to care delivery.
Gov. Martin O’Malley on Wednesday unwrapped his eighth and final budget, a $39 billion plan that increases spending on tax credits for cyber security, biotechnology and research and development while holding the line on taxes.
For fiscal 2015, O’Malley has proposed hiking the biotech and life sciences tax credit by 20 percent, to $12 million. He wants to increase the cyber tax credit by 33 percent, to $4 million and raise the credit for research and development by 12.5 percent, to $9 million.
What would your business do with $100,000?
For more than a dozen Maryland technology startups, dreams of expansion and development are becoming a reality with the help of awards from the state-sponsored Maryland Technology Development Corporation (TEDCO).
TEDCO announced on Tuesday that 13 startups received total funding of $1.3 million, $100,000 each, between July 2013 and January 2014, through the organization’s Technology Commercialization Fund (TCF). The companies range from i-Lighting, an InvestMaryland Challenge winner and lighting system innovator, to Graftworx, a high-tech medical device developer.
From wearable technologies that track back posture, blood pressure and brain waves to connected cars and homes, the 152,000 attendees at this year’s Consumer Electronics Show were treated to some of the most innovative wireless technologies global innovation has to offer. So dazzling and ubiquitous were the wireless innovations not just on display –but in use– that the event easily could have been rebranded as the Consumer Mobile Show.
While many gadgets offer great fun, many more actually save lives. I was honored to lead a conversation on the coming wave of mobile innovation in digital health through next generation wireless sensors which we are implanting inside our bodies called “The Internet of You.” Panelists Dr. Fran Kauffman, the Chief Medical Officer of Medtronic Diabetes and Dr. Christian Holz, a Research Scientist in the mobile innovation group at Yahoo! Labs brilliantly described the progress being made in this next powerful frontier of mobile innovation.
American innovation, badly damaged last year by federal budget tightening and the across-the-board cuts known as sequestration, appears to be getting partial relief with the bipartisan budget deals struck last month and Monday night. The progress is praiseworthy, but it will not counteract the decades-long decline in federal funding for research and development that is so essential to our economic future and critical to accelerating treatments for today’s major health care challenges, including Alzheimer’s, diabetes, heart disease and cancer.
