Who knew elephant sharks held potential answers for health problems such as osteoporosis and poor immune systems?
An international team of researchers at the Max Planck Institute of Immunobiology and Epigenetics in Germany discovered new insights into human health by sequencing the elephant-shark genome.
MIMETAS and Galapagos will collaborate to develop miniaturized 3D cell culture models that mimic specific aspects of human diseases. These models will be applied to the identification and improvement of novel compounds. Dr. Richard Janssen, Senior Director of Target Discovery at Galapagos, states: “The MIMETAS platform is the first to combine organ-on-a-chip technology with our high throughput screening of primary human cells. As we see it, OrganoPlates™ make 3D culture as straightforward as traditional cell culture.”
Dr. Jos Joore, MIMETAS’ CBO underscores this notion: “This agreement is a crucial step forward for MIMETAS and for the organ-on-a-chip field in general. Galapagos sets an example as one of the first drug discovery companies worldwide to implement innovative organ-on-a-chip technologies. This collaboration helps us to further validate our technology, by enabling development of unique novel compounds with unique human disease models.”
Nationally, startups seeking venture capital at an early stage saw another great year in 2013 with an abundance of active seed investments being made. And according to data released by CB Insights last week, of the seed investors making deals with young companies in 2013, three D.C.-based VCs were some of the most active. Among the likes of West Coast seed powerhouses 500 Startups and Andreessen Horowitz, Washington-area CIT GAP Funds, New Enterprise Associates and Fortify.vc were ranked in the top 60 venture capital funds for most active nationally.
One way pharma giant Johnson and Johnson stays ahead of the competition is via its network of Innovation Centers where researchers are working on new approaches to cardiovascular issues, infectious diseases, neuroscience, and more.
The centers are located in San Francisco, Boston, London, and Shanghai – and this week the company announced that Israel was joining the family, in the form of an incubator J&J will be opening in Rehovot, near the Weizmann Institute. Working together with several other partners, the company said, the new incubator “is the latest in a series of recently announced collaborations to fuel entrepreneurship in the world’s scientific hot spots.”
Entrepreneur Office Hours for University of Maryland Students, Faculty and Staff, and Regional Entrepreneurs with Tech-Based Startups or Ideas
Get answers now from experienced entrepreneurs and legal/business professionals on how to build a successful startup company. Receive free and impartial advice, brainstorm business strategies, investigate funding opportunities and learn about the vast resources available to entrepreneurs.
DATE: Tuesday, January 14, 2014
PLACE: Room 1103, Technology Advancement Program building (directions)
REGISTER: Schedule an appointment here to guarantee your time slot. Walk-in appointments are also available.
MIMETAS and Galapagos will collaborate to develop miniaturized 3D cell culture models that mimic specific aspects of human diseases. These models will be applied to the identification and improvement of novel compounds. Dr. Richard Janssen, Senior Director of Target Discovery at Galapagos, states: “The MIMETAS platform is the first to combine organ-on-a-chip technology with our high throughput screening of primary human cells. As we see it, OrganoPlates™ make 3D culture as straightforward as traditional cell culture.”
Happy New Year! Thanks to two recent, major life sciences announcements spotlighted in Site Selection magazine, Montgomery County shows that our biotech sector is well-poised for accelerated growth in 2014!
The December 2013 Site Selection web exclusive features details on the attraction of Brazilian-based Brace Pharmaceuticals’ new U.S. headquarters to the County’s Rockville Innovation Center and its plans to invest $200 million. Brace is focused on the late stage clinical development of pharmaceutical products with the potential for near-term commercialization.
Six months into its fiscal year, the Maryland Technology Development Corp. has received almost as many applications from state startups looking for funding as it got in all of the previous year.
As a result of the spike in demand, Tedco is asking the Maryland General Assembly for what Tedco President Robert Rosenbaum called “a substantial increase” in funding for fiscal 2015. The General Assembly convened for its annual session in Annapolis on Jan. 8.
After vanquishing humans on Jeopardy!, IBM says its Watson computer is ready to help save human lives. The company on Thursday announced it has created a new business unit specifically to advance Watson and deliver its artificially intelligent wisdom to research organizations, medical institutions and businesses so that they can process “big data” for detailed answers to complex questions. They won’t actually own a Watson computer—instead its services will rendered via a network connection (the “cloud computing” model).
IBM doesn’t launch new business units every day—or even every decade—chief executive Ginni Rometty noted during the Watson Group announcement. Indeed, the company is making a calculated bet—to the tune of more than $1 billion—on cognitive computing and the role it will play in making big data useful.
Kauffman FastTrac® has just joined with Montgomery College to support future and current business owners before, during, and after the startup process. Entrepreneurs will receive the information, resources, and networks necessary to start and grow successful businesses.
Classes:
SMB957: FastTrac NewVenture for the Veteran Entrepreneur (2/13-4/24)
SMB956: FastTrac TechVenture (2/26-5/7)
