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Becton, Dickinson and Company Acquires Alverix, Inc.

By News Archive

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BD (Becton, Dickinson and Company) (NYSE: BDX), a leading global medical technology company, announced today that it has acquired Alverix, Inc., a privately-held diagnostic instrument company known for its optoelectronics expertise. Since 2008, BD and Alverix have collaborated in the point-of-care diagnostic market with the design and development of the BD Veritor™ System, which has been very well received in hospitals, laboratories, physician offices and clinics.

“Point-of-care testing is increasingly an integral part of patient healthcare in both developed and developing countries and BD is committed to expanding in this space,” said William A. Kozy, Chief Operating Officer and Executive Vice President, BD. “This acquisition enables BD to continue to strengthen and grow our point-of-care testing position.”

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City of Frederick

By Uncategorized

www.cityoffrederick.com

The City of Frederick is the hub of arts, culture, commerce and government within Frederick County. Located less than an hour from Washington, D.C. and Baltimore, MD, Frederick is the second largest city in Maryland with 65,000 residents. Frederick offers a balanced and thriving economy, a highly educated workforce, and a quality of life that is nothing short of enviable.

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79th Edition – January 7, 2014

By BHI Weekly Newsletter Archives






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MIMETAS Appoints BHI Entrepreneur-in-Residence Todd Chappell as General Manager, U.S. Affairs

Todd-ChappellROCKVILLE AND BALTIMORE, MARYLAND, January 6, 2014 – BioHealth Innovation, Inc. (BHI) and MIMETAS announced today that Todd Chappell, MBA, an Entrepreneur-in-Residence for BHI, has been named General Manager, U.S. Affairs for MIMETAS. A Netherlands-based company, MIMETAS is establishing its offices within BHI’s headquarters in Rockville. MIMETAS and BHI created a U.S. subsidiary of MIMETAS to access the clinical, regulatory and scientific resources available in Central Maryland and to access the U.S. marketplace, the largest life sciences market in the world.

“We’re very pleased to add Todd to the MIMETAS team,” said Jos Joore, Ph.D., Chief Business Officer of MIMETAS. “Todd couples a vast experience in business creation with a profound understanding of biology and disease mechanisms. Most importantly, Todd shares our sense of urgency around enabling better medical treatment by using more predictive cell culture models.”

Previously, Mr. Chappell was the Vice President of Operations for Shape Pharmaceuticals, a portfolio company of HealthCare Ventures, LLC, where he oversaw all day-to-day operations involved in the development of a novel HDAC inhibitor for Cutaneous-T-Cell-Lymphoma. Prior to that, he was at CombinatoRx Inc. for eight years and served as Director of New Products. Mr. Chappell will be combining his role at MIMETAS with his existing EIR position at BHI.

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Montgomery County Department of Economic Development Invests in Bethesda-Based Brain Sentry Impact Sensors

Montgomery County ED

The Montgomery County, MD Department of Economic Development (DED) has invested $75,000 in Brain Sentry, makers of Brain Sentry Impact Sensors™, innovative helmet-mounted devices that alert when an athlete suffers a rapid – and potentially dangerous – acceleration of the head. These sensors, which the company began to produce four months ago, are now being utilized by football, ice hockey and lacrosse teams to help identify players who need to be evaluated for concussion.

The $75,000 Montgomery County DED’s investment (conditional grant) is part of a successful $1,000,000 capital raise for Brain Sentry, with additional funds coming from New York Angels, New Dominion Angels, Hull Street Capital and other private investors. According to the Montgomery County DED the typical amount of assistance – in grant or loan – is $5,000 to $100,000. Priority is given to “high technology companies” and “manufacturing companies” and Brain Sentry fits the bill on both counts. Brain Sentry also meets a third DED criterion as a “private employer providing public benefits.”

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Bioentrepreneurship Leader Joins UM Ventures Team

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University of Maryland Ventures (UM Ventures) announced today that Dr. Martha J. Connolly has been named director of bioentrepreneurship, a new program supported by the Maryland Technology Enterprise Institute (Mtech) and the A. James Clark School of Engineering, designed to enhance collaboration between the University of Maryland, College Park (UMD) and the University of Maryland, Baltimore (UMB) as part of the MPowering the State initiative.

“UM Ventures creates an integrated innovation ecosystem that includes entrepreneurial support resources,” said James Hughes, Chief Economic Development Officer and Vice President at UMB. “Experts like Martha help turn novel ideas into sustainable businesses, and I’m pleased to have her as part of our enterprise.”

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Minority students are the future of STEM

minority-stemAs leaders of Montgomery County life science companies, we have a stake in whether local students like science. If they do, they are more likely to work for companies such as ours. If they don’t, our pipeline of future workers gets slimmer. So we have taken special note of a science education gap in our region that we believe will have a long-term impact on our minority students, our communities and our businesses.

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Johns Hopkins University Among Six Centers Sharing $540 Million for Cancer Study – Bloomberg

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Harvard University, Johns Hopkins University and Stanford University are among six institutions sharing a $540 million grant for cancer research from funds established by late real estate magnate Daniel K. Ludwig.

Each center will receive $90 million in new grants from the fund established in 2006, bringing the total bequest to each institution to $150 million, said Ed McDermott, president and chief executive officer of New York-based Ludwig Cancer Research, in a press conference. Other centers getting money are Memorial Sloan-Kettering Cancer Center in New York, University of Chicago and the Massachusetts Institute of Technology.

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Here are Maryland’s 5 biggest incubators and accelerators – Baltimore Business Journal

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Happy New Year! This week’s Top of the List is from our first-ever List of “Largest incubators, accelerators and co-working spaces in Maryland,” ranked by current number of members or tenants.

Here they are, counting back from No. 5:

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Montgomery County Campus 2013 Year in Review – Johns Hopkins University Montgomery County Campus Blog

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The National Cancer Institute opened NCI Shady Grove next door to the Johns Hopkins Montgomery County Campus buildings. Employees started arriving in late December 2012, two years after the September 2010 groundbreaking ceremony. The move was completed in Spring 2013. Approximately 2,400 NCI employees work at NCI Shady Grove. Coinciding with the arrival of the NCI employees, six new retail shops opened along the parking garage: Shady Grove Cleaners, Freshii, Subway, West Wing Café & Bakery, Blue Fin and Natural Market.

Meanwhile, 11 new companies decided to locate their businesses on campus. These entrepreneurs and researchers focus on health care research and information technology.

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Glaxo: the New Modern Face of Big Pharma? – The Epoch Times

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With billions to be made on the back of ill health and notable scandals and cover-ups in its history, it’s fair to say that many see the public face of the pharmaceutical industry as a mask for darker machinations. We rely on the drugs for myriad conditions, but do we trust big pharma?

Pharmaceutical giant GlaxoSmithKline (GSK) is no stranger to accusations of unethical drug marketing tactics. But recent news coverage has included its support for the AllTrials campaign – which calls for clinical trials to be registered and results to be published – and a package of other initiatives, including a new commitment to end direct payments to doctors (and other key opinion leaders – KOLs) that have been one of the industry’s most powerful marketing tools.

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DreamIt Health Baltimore Kickoff – Save the Date: January 17th and 18th

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SAVE THE DATE: DreamIt Health Baltimore 2014
Kickoff Weekend: January 17th and 18th, 2014
Baltimore, MD

DreamIt Health Baltimore – powered by The Johns Hopkins University, BioHealth Innovation, and Northrop Grumman – is ramping up for the Winter 2014 accelerator class in Baltimore, MD and we want to make sure the kickoff events are on your calendar. More information below.

DreamIt Health Baltimore Kickoff Reception: January 17, 2013
On the evening of Friday, January 17th, 2014 DreamIt Ventures and our partners are hosting a kickoff party to meet the DreamIt Health Baltimore 2014 companies and other members of the Baltimore entrepreneurial community. Location is TBD and the event will begin around 5:30/6:00pm eastern time. We will be sending formal invitations to the event in the near future but wanted to get this on your calendar now. Please ink us in!

The kickoff reception will include light snacks and beverages, in addition to networking and your first opportunity to meet the DreamIt Health Baltimore 2014 companies.

Sponsored by:

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Kickoff Weekend Working Session: Saturday, January 18, 2014 – 9:00am – 5:00pm (INVITE ONLY)
We are in the process of identifying potential mentors for the companies as well as pairing them up with their law firm & accounting firm partners. Members of this community should please save the date for our working session that Saturday with the companies. We’ll send out a detailed RSVP for the event soon.

If you have any questions about either of these events or the DreamIt Health Baltimore program please contact Dana Rygwelski (dana@dreamitventures.com).

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T2 Speakers Series: Partnering with Frederick National Laboratory for Cancer Research

Wednesday, January 08, 2014, 03:30pm – 05:00pm

William E. Hanna, Jr. Innovation Center at Shady Grove

PRESENTER:

Courtney Silverthorn, Ph.D.

Partnership Alliance Manager

Federick National Laboratory for Cancer Research

ABSTRACT:

The Frederick National Laboratory for Cancer Research is a Federally Funded Research and Development Center (FFRDC) operated under contract to the National Cancer Institute.  As a Government-Owned, Contractor-Operated facility, both the opportunities for partnering with outside entities and the mechanisms by which partnerships are formed can be different from Government-Operated facilities.  Specific mechanisms and opportunities will be highlighted. 

Biography:

Dr. Courtney Silverthorn is the Partnership Alliance Manager at the Federick National Laboratory for Cancer Research, the FFRDC operated by Leidos Biomedical Research, Inc. on behalf of the National Cancer Institute, where she is responsible for coordinating the formation and execution of partnering activities, and managing research services offered under Technical Service Agreements.  She currently serves as the Regional Coordinator for the Mid-Atlantic Region of the Federal Laboratory Consortium.  Dr. Silverthorn holds a Ph.D. in Pharmacology from The Johns Hopkins University School of Medicine and a B.S. in Biochemistry and Molecular Biology from Sweet Briar College.

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CDC names top 5 health threats in 2014 – MedCity

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The disease detectives at the Centers for Disease Control and Prevention named the top five global health threats they expect to tackle in 2014:

1. The emergence and spread of new microbes

While it’s rare, CDC scientists do come across new diseases each year. In 2013, the new Heartland virus carried by ticks was confirmed in northwest Missouri. Federal health investigators collected samples in the state after two farmers from St. Joseph were sickened by the virus that carried a novel genetic profile.

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5 lessons we learned about data science in 2013

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Most people know what marketing executives do every day. They try to catch people’s attention through email, ads, tweets, and press releases. As for data scientists, well, their work is not nearly as well understood.

That’s been slowly changing this year as companies slowly loosen up about letting their hard-won data scientists talk about their work.

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Digital health’s top deal-doers: These funds invested in the most companies last year

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By Rock Health’s count, 302 investment firms and “notable angels” put money into a digital health startup in 2013. Twenty-seven of them did it three or more times.

That’s a big jump from the eight who did three or more deals in 2012. An influx of digital health exits, final guidance from the FDA on mobile apps, more good opportunities or any number of other factors may have led investors to pony up capital for more of these companies last year.

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Are Pharma Companies Too Big to Innovate? (JNJ)

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Ask any investor what they think about Johnson & Johnson (NYSE: JNJ ) , and you’ll probably hear that it’s a diversified pharma company, a blue-chip stock that pays a hefty dividend, and it’s a relatively safe investment for investors looking for exposure to the health-care sector. But you might also hear investors criticize its size. With a market cap of almost $260 billion, Johnson & Johnson is one of the largest companies in the U.S., and it edges out both Merck and Pfizer as the largest pharma company in the Dow. Can a company this massive be nimble and entrepreneurial enough to innovate? Is its size holding back its long-term potential to bring new products to market?

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2013 Seed Investing Snapshot: Seed Venture Capital Financing Hit Four-Year High

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2013 has been another banner year in seed financing for U.S. tech startups. In aggregate, 2013 saw $893 million invested across 843 seed VC deals. In fact, 2013 saw the highest amount of seed VC deals since 2009. Seed VC deal activity in 2013 jumped 11% from 2012 levels and a whopping 173% from 2010 as the number of active seed venture investors continued to stay strong. By way of definition, seed venture capital rounds included in this brief are early stage investments (typically less than $1.5 million) that specifically include the participation of a venture capital and/or corporate venture capital investor (angel rounds were excluded from this analysis).

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In This Issue

About BHI

BioHealth Innovation (BHI) is a regionally-oriented, private-public partnership functioning as an innovation intermediary focused on commercializing market-relevant biohealth innovations and increasing access to early-stage funding in Maryland.


T2 Speakers Series: Partnering with Frederick National Laboratory for Cancer Research

mont-cont-ded-250

January 8
William E. Hanna, Jr. Innovation Center at Shady Grove



DreamIt Health Baltimore Kickoff Reception

dreamit-baltimore-logo2

January 17



Data Innovation Day 2014 – Washington, DC

data-innovation-day

January 23
Reserve Officers Association



InvestMaryland Challenge: Night Out with the Judges

maryland-opportunity

January 24
Johns Hopkins University Carey Business School



American Society of Gene & Cell Therapy 17th Annual Meeting

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May 21-24
The Marriott Wardman Park DC


BioHealth Job Opportunities


Mtech Adjunct Lecturer



Job Openings at our Partner Company: Mimetas



MIPS Life Sciences Projects Manager


Newsletter designed and distributed by:


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The information contained in this website and newsletters is for general information purposes only. The information is provided by BioHealth Innovation via its newsletters, but not written or endorsed in any way by BioHealth Innovation unless otherwise noted. While we endeavor to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.



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Hopkins to get $90M gift for cancer research – Baltimore Business Journal

By News Archive

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Scientists at the Johns Hopkins Kimmel Cancer Center will receive $90 million in new funding as part of a $540 million gift from Ludwig Cancer Research to six institutions, the school announced Monday.

The gift is among the largest for a single private gift to cancer research, according to the school. The five other Ludwig Centers to share in the current award are Harvard University, Massachusetts Institute of Technology, Memorial Sloan-Kettering Cancer Center, Stanford University, and the University of Chicago.

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Minority students are the future of STEM

By News Archive

minority-stemAs leaders of Montgomery County life science companies, we have a stake in whether local students like science. If they do, they are more likely to work for companies such as ours. If they don’t, our pipeline of future workers gets slimmer. So we have taken special note of a science education gap in our region that we believe will have a long-term impact on our minority students, our communities and our businesses.

Read More

78th Edition – January 1, 2014 – Year in Review

By BHI Weekly Newsletter Archives






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Happy New Year from the BioHealth Innovation Team

Below are BioHealth Innovation News’ most popular articles from 2013:


Richard Bendis to Discuss EIR Programs at SXSW 2013

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View Presentation

Richard Bendis will be a speaker at the South by Southwest (SXSW) Conference which takes place from March 8-17 in Austin, Texas. SXSW is a set of film, interactive, and music festivals which occur every year in March. Mr. Bendis will be speaking on March 9th at a session titled “Entrepreneurs in Residence: Not Just for VCs.” In his presentation, Richard will introduce the BioHealth Innovation, Inc. EIR program and speak about some of the commercialization challenges being addressed creatively by the biohealth community in Maryland.

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BHI Elects New Officers, Appoints BD’s Richard M. Ivey to Board of Directors

BHI Also Announces Agreement With BD to Create Entrepreneur-in-Residence Position

Rick ivey

Rick Ivey, BD Diagnostics

BioHealth Innovation, Inc. (BHI) today announced the fiscal year 2013-2014 election of officers and a new appointment to its Board of Directors. BHI also announced it has entered into an agreement with BD (Becton, Dickinson and Company) to establish an entrepreneur-in-residence (EIR) position at the National Institutes of Health (NIH) Office of Technology Transfer. In conjunction with this agreement, BD is entitled to a voting position on the BHI Board of Directors, which will be held by Richard M. “Rick” Ivey, Worldwide Vice President Research & Development, BD Diagnostics – Diagnostic Systems.

“I am pleased to welcome the new roster of officers and a new member to the BHI Board of Directors,” said Richard Bendis, BHI President and CEO. “The officers are a committed group of individuals who already have contributed to the steady growth of BHI, and will continue to be important leaders as the organization further develops.”

“Rick Ivey joins the Board on behalf of BD as part of the terms of an agreement between BHI and BD to establish an NIH EIR position,” added Mr. Bendis. “He represents an important new addition to our Board as he is a seasoned medical technology executive who can offer experience and insights to the growing cadre of start-up diagnostics companies in the State of Maryland.”

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BHI and EAGB release the First Edition of the Central Maryland BioHealth Entrepreneur’s Resource and Finance Guide

Biohealth ResourceGuideFinal Online Page 001ROCKVILLE, MARYLAND, June 4, 2013 – BioHealth Innovation, Inc. (BHI), a regional private-public partnership focusing on commercializing market-relevant biohealth innovations and increasing access to early-stage funding in Central Maryland, is proud to announce the publication of the Central Maryland BioHealth Entrepreneur’s Resource and Finance Guide 2013. The Guide was developed by BHI, the Economic Alliance of Greater Baltimore and the Montgomery County Department of Economic Development, in collaboration with the Baltimore Business Journal.

The Guide serves as a compendium of resources to biohealth innovators and entrepreneurs working to start and grow new companies and technologies in the region. This essential entrepreneurial resource includes a compilation of information on financial resources, university facilities and programs, economic development programs, and existing federal laboratory facilities and programs, as well as how to work with these assets. The Guide is one of the many projects BHI is developing to successfully transform the regional environment for biohealth startups through harnessing Central Maryland’s biohealth assets and establishing an entrepreneurial ecosystem.

The Guide has been distributed through the Baltimore and Washington business journal subscribers, and is being distributed to all regional partners. For your copy of the guide please download here or contact BioHealth Innovation for details on how to receive a hard copy.

Download the Central Maryland BioHealth Entrepreneur’s Resource and Finance Guide

 

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Richard Bendis to Speak at BIO 2013 Translational Research Forum

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Richard Bendis will speak at the Translational Research Forum during the 2013 BIO International Convention in Chicago. During the forum, speakers will address issues with current translational research models, explore new funding and collaboration opportunities, evaluate how to apply them to federal, academic, and private institutions. The session will take place Monday, April 22, from 4:35 p.m. – 5:25 p.m.

More Information

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BioHealth Innovation, Inc. signs Memorandum of Understanding (MOU) with MIMETAS

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Rich Bendis (BHI) and Paul Vulto (MIMETAS) signing the MOU agreement.

MIMETAS is a Dutch microfluidics company focusing on high-throughput organ-on-a-chip systems for predictive toxicology testing, efficacy screening and personalized therapy.

BHI will support MIMETAS by assisting in establishing a MIMETAS US-based subsidiary, aiding in the application for US- and Maryland-based grants (e.g. SBIR, TEDCO), and identifying potential collaborators and partnerships.

This partnership is important in further expanding Maryland’s connections internationally and expanding Maryland’s biohealth sector.

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BioHealth Innovation, Inc. Names Ram Aiyar as Entrepreneur-in-Residence to NIH National Heart, Lung and Blood Institute

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BioHealth Innovation, Inc. (BHI), a regional private-public partnership focusing on commercializing market-relevant biohealth innovations and increasing access to early-stage funding in Central Maryland, today announced its selection of Ram Aiyar, Ph.D., M.B.A., as the first Entrepreneur-in-Residence (EIR) for BHI at the National Institutes of Health’s (NIH) National Heart, Lung and Blood Institute (NHLBI). Dr. Aiyar will help advance fundamental research discoveries to new therapeutics, diagnostics and devices that can be used clinically and commercially.

“We’re pleased to add Dr. Aiyar to our roster of Entrepreneurs-in-Residence,” said Rich Bendis, BHI President and CEO. “He is now our third EIR – joining Todd Chappell, who is EIR at NIH, and Ken Malone, our EIR working with the University of Maryland Ventures. The growth of this program will be a benefit to BHI and our partner organizations for years to come, and will result in transitioning more early-stage biomedical technologies to commercial potential. ”

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BioHealth Innovation, Inc. Launches Program to Help Life Science Companies Navigate Federal Funding Application Process

– Multiple SBIR/STTR Submission Deadlines Quickly Approaching –

crp-header-250BioHealth Innovation, Inc. (BHI), a regional private-public partnership focusing on commercializing market-relevant biohealth innovations and increasing access to early-stage funding in Central Maryland, announced today the launch of its Commercial Relevance Program (CRP). BHI’s CRP is designed to help life science companies navigate the complicated process of preparing applications for federal funding, inclusive of Small Business Innovation Research (SBIR), Small Business Technology Transfer (STTR), and other federal government awards.

“The federal grant application process can be very complex. Based on 2012 data released by the National Institutes of Health (NIH), Maryland ranks 32nd out of 50 states with regard to SBIR award success rates. We would like to improve on this – and are confident that the CRP will help companies be more successful with their submissions,” said Ethan Byler, Director, Innovation Programs, BioHealth Innovation, Inc.

“At the end of the day, it’s about helping Central Maryland companies to get the best results possible as they seek out federal grant awards as a means of non-dilutive funding,” he added.

The CRP incorporates a pre-proposal review by knowledgeable BHI staff and advisors prior to a life science company’s submission of a full proposal. Through this review process, applicants will receive a set of recommendations and tips for troubleshooting their proposal for federal funding.

Interested life science companies in Central Maryland should contact BHI today for more information. The following federal agency SBIR/STTR deadlines are fast approaching:

About BioHealth Innovation, Inc.
BioHealth Innovation, Inc., is a regional innovation intermediary focused on commercializing market-relevant bio-health innovations and increasing access to early-stage funding in Maryland. Learn more at www.biohealthinnovation.org.

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Funding for Health Startups: SBIR awardee discussion – Blue Button for America

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Blue Button Plus (Automated and Interoperable Blue Button) can provide a technology path for startups and innovators to build new products and services to help Americans with their health. But beyond, technology startups and small businesses have to think about practical matters like funding. What are ways that the federal government is trying to help health startups, particularly health tech startups, develop and commercialize businesses?

The Small Business Innovation Research (SBIR) program is a federally-funded program encourages domestic small businesses to engage in Federal Research/Research and Development (R/R&D) that has the potential for commercialization. Through a competitive awards-based program, SBIR enables small businesses to explore their technological potential and provides the incentive to profit from its commercialization. By including qualified small businesses in the nation’s R&D arena, high-tech innovation is stimulated and the United States gains entrepreneurial spirit as it meets its specific research and development needs.

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Increasing the Impact of Federally-Funded R&D

by Joseph P. Allen and Diane Palmintera

report-coverThe Final ReportOn May 20, 2013, the White House Lab-To-Market Inter-Agency Summit was held in Washington, D.C. The Summit was organized by the White House Office of Science and Technology Policy and the National Institutes of Health’s Heart, Lung, and Blood Institute. The purpose of the meeting was extraordinary: asking national experts outside of the federal agency system to recommend ways to increase the return-on-investment for the $140 billion annual taxpayer expenditure on federally-funded research and development.

The format for the meeting also was unusual. Research agencies nominated 20 national experts experienced in various phases of technology commercialization to participate in the Summit. The Administration placed no preconditions or limitations on the expert Panel and asked it to focus on “transformative” ideas. We were privileged to be asked to serve as the Summit’s co-chairs.

The Administration requested that the Panel address several overarching questions:

  • How can agencies better align themselves to more effectively promote the commercial development of their research;
  • How can effective metrics for various stages of these efforts be developed; and
  • How can we better leverage multi-agency resources to enhance the public’s return-on-investment through the commercialization of more federally-funded technologies?

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BHI recognizes Jerry Parrott’s Board Contributions

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Scott Carmer (BHI Board Chair), Jerry Parrott, and Rich Bendis (BHI CEO)

On January 24th, 2013 BioHealth Innovation, Inc. (BHI) recognized Jerry Parrott, formerly with Human Genome Sciences, for his contributions as a BHI Founding Board member. He served on the board from 2011 to 2013 and will continue to remain active on BHI’s Commercial Relevance Advisory Board (CRAB). We thank Jerry for his service and look forward to a long lasting relationship.

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The Economic Alliance, BioHealth Innovation, and the Baltimore Business Journal Partner to Announce the Maryland BioHealth Entrepreneur’s Resource and Financing Guide | GreaterBaltimore

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The Economic Alliance of Greater Baltimore (EAGB) and BioHealth Innovation (BHI) in collaboration with the Baltimore Business Journal are proud to announce the publication of the Central Maryland BioHealth Entrepreneur’s Resource and Financing Guide.

This Guide will be a compendium of resources to BioHealth innovators and entrepreneurs working to start and grow new companies in the region. A wealth of resources exists in Maryland to support emerging BioHealth companies, however, they are not always readily accessible or captured in one place. The Guide will compile information on financial resources, university facilities and programs, economic development programs, and existing federal laboratory facilities and programs and how to work with them.

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BHI Offers Proposal Assistance Awards to Three Local Companies as Part of InvestMaryland Challenge Award Ceremony

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On the evening of April 15 as part of the InvestMaryland Challenge Award ceremony held at MICA in Baltimore, BHI presented three awards to local companies. Boss Medical LLC of Baltimore, ConverGene LLC of Gaithersburg, and Vasoptic Medical LLC of Columbia were selected for the awards based upon their high quality products under development, which have good possibility for securing federal funding with support and assistance. Each award – valued at $2,500 – consists of consulting services from BHI on Small Business Innovation Research (SBIR) or federal funding proposals. The SBIR program is designed to support small businesses in commercializing their technological research efforts.

For more information contact Ethan Byler.

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University of Maryland BioPark welcomes nonprofit international virologists – MDBIZNews

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The Global Virus Network plans to move its headquarters to the University of Maryland BioPark in Baltimore, officials announced Thursday.

Emerging pandemic viral threats and current viral killers are a worldwide problem. For this reason, the nonprofit GVN brings together the top medical virologists from more than 30 institutions in 21 countries, to promote international collaborative research, education and advocacy.

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Innovation Working Group held at Baltimore BioPark

By Eve Green

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Last week, the Baltimore BioPark played host to the Innovation Working Group, which consists of executives from the U.S.-Russia Bilateral Presidential Commission. The commission was founded as a joint venture between President Barack Obama and Russian President Dmitry Medvedev.

The highly anticipated event is an opportunity for the United States and Russia to find new ways to collaborate on projects in the fields of biotech and science. Members of the group were given a tour of the University of Maryland, College Park and Baltimore BioPark. The event was led by Oleg Fomichev, the Russian Deputy Minister of Economy, and Lorraine Hariton, Special Representative for Business and Commerce of the U.S. Department of State. Among those that joined the three day tour were chief executives of biotech companies from both Maryland and Russia, as well as leaders from the Pushchino BioTech Cluster.

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Serial Entrepreneur Ken Malone Named BHI Entrepreneur-in-Residence to Offer Commercialization Guidance to Start-Ups Based on UM Discoveries

MaloneBioHealth Innovation, Inc. (BHI), a regional private-public partnership focusing on commercializing market-relevant biohealth innovations and increasing access to early-stage funding in Central Maryland, today announced its selection of Ken Malone, Ph.D., of Early Charm Ventures, as the first BHI Entrepreneur-in-Residence (EIR) assigned to work directly with UM Ventures. Dr. Malone, a serial entrepreneur who has founded or been an officer of five biotechnology or advanced materials companies, will help advance the commercialization efforts of new start-up companies based upon innovative discoveries coming out of research programs at the University of Maryland (UMD) College Park and Baltimore.

“We’re thrilled to name Ken Malone as an EIR,” said Richard Bendis, BHI President & CEO. “Ken and I have a long history of working together, so I know first hand that he has the experience, drive and perspective to be a true asset to BHI and to the many start-ups he’ll serve from University of Maryland in support of the newly launched UM Ventures initiative.” Dr. Malone will assist any interested UM start-ups once they have been launched.

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Visisonics Named First UM Ventures Start-Up Prize Winner

– Technology Company Awarded Prize at Invest Maryland Challenge Ceremony –

bhi-um-ventures-logosBALTIMORE, MD, April 16, 2013University of Maryland (UM) Ventures, an ambitious joint research commercialization effort of the University of Maryland, Baltimore (UMB) and the University of Maryland, College Park (UMCP), announced today that it has awarded the first UM Ventures Start-Up Prize to VisiSonics, an Investment Maryland Challenge Semi Finalist company that was founded on intellectual property owned by the University. VisiSonics was recognized during the Invest Maryland Challenge Award Ceremony on Monday, April 15, 2013 at the Maryland Institute College of Art (MICA) in Baltimore, Maryland.

“Identifying customers and having sales is, of course, a major hurdle for university start-ups,” said James L. Hughes, Director of UM Ventures, and President, Research Park Corporation, University of Maryland Baltimore. “With the significance of achieving more than half a million dollars in sales in 2012, VisiSonics is a worthy recipient of this inaugural prize.”

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Dr. Richard Moore to Fill Newly Created BHI/BD Entrepreneur-in-Residence Role at NIH

rich mooreRichard Moore, BD DiagnosticsROCKVILLE AND BALTIMORE, MARYLAND, August 26, 2013 – BioHealth Innovation, Inc. (BHI), a regional private-public partnership focusing on commercializing market-relevant biohealth innovations and increasing access to early-stage funding in Central Maryland, announced today its selection of Richard Moore, M.D., Ph.D., as a new Entrepreneur-in-Residence (EIR) at the National Institutes of Health (NIH) Office of Technology Transfer (OTT). BHI and BD established this position in July 2013. Dr. Moore, an executive with decades of experience in diagnostics development and technology strategy, will help support the development of new start-up companies and product commercialization based upon innovative technologies selected via OTT license agreements.

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BHI’s Rich Bendis named Chairman of The Technopolicy Network’s Advisory Board

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In this newsletter we proudly present the new Chairman of the Advisory Board: Richard Bendis.

With his expertise on innovation strategy The Technopolicy Network intends to strengthen
its position as the global leading network on Science Based Regional Development and Science Based Incubation. In his article he will give you several insights in the opportunities that lie ahead of us.

This is the time to pay tribute to the achievements of our founding Chairman, Prof. Roger Stough. With his advice and support Prof. Stough made The Technopolicy Network to what it now is. In his article he looks back on the growth of The Technopolicy Network over the past decade.

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Tech Council of Maryland calls for R&D, biotech tax credit boost – Washington Business Journal

Techcouncilmd

The Tech Council of Maryland called on legislators Monday to triple the funding for the state’s research and development tax credit and double the scope of its popular biotech tax credit, among other measures.

The Tech Council of Maryland places the expansion of the R&D credit from $6 million to $18 million among its top priorities for the 2013 General Assembly session, which convenes in Annapolis on Wednesday. The measure failed to win approval last year despite passing the Senate. The Tech Council also wants to see that credit made available for companies that haven’t yet reached profitability.

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BHI Supports UMD Inventors

As part of the University of Maryland’s 26th Annual Invention of the Year Awards ceremony held at the University of Maryland Golf Course on April 16, BioHealth Innovation sweetened the pot for this year’s three award winners. BHI offered each award winner strategic consulting services on federal grants or SBIR awards – valued at $2,500 per company. The BHI Commercial Relevance Program is designed to support small businesses in commercializing their technological research efforts.

The three winning inventions were:
INFORMATION SCIENCE CATEGORY:
Winner:
Time-Reversal Division Multiple Access for Wireless Broadband Communications
Feng Han, Yu-Han Yang, Beibei Wang, Yongle Wu and K. J. Ray Liu

LIFE SCIENCE CATEGORY:
Winner:
A Method for Early Diagnosis of Amyotrophic Lateral Sclerosis (ALS)
Eva Chin and Dapeng Chen

PHYSICAL SCIENCE CATEGORY:
Winner:
A Method for Rapid, Inexpensive Prototyping of Microfluidic Devices
Omid Rahmanian, Donald DeVoe

More Information

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Interested in starting your own technology company?…Start with INNoVATE

innovate-umbc-logo

The INNo program trains research scientists in the entrepreneurial skills needed to bring technology inventions and services to the healthcare market.

Participants in the INNo program learn to:

  • Identify and evaluate the commercial potential of intellectual property
  • Understand the business fundamentals related to technology start-ups
  • Create a value proposition and business concept for a new product, platform, or service
  • Articulate investment opportunities persuasively to potential investors and partners
  • Develop a network of resources in the Maryland entrepreneurial community

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Emergent Biosolutions (EBS) Acquires Commercial Rights To Pandemic Influenza Vaccine Candidate – iStockAnalyst.com

Emergent Biosolutions Inc. emergent-logosaid it has secured exclusive right to manufacture and sell VaxInnate Corp.’s pandemic influenza vaccine candidate in the United States.

Under a license agreement with VaxInnate, Emergent Biosolutions acquired exclusive U.S. commercial rights to next generation pandemic influenza vaccine candidate.

This license enables Emergent to fulfill the requirement to secure a pandemic influenza vaccine candidate under its contract with the Biomedical Advanced Research and Development Authority (BARDA), the company noted.

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Growing the Region’s Bioscience Community: A Conversation with Richard Bendis, President & CEO of BioHealth Innovation – Baltimore Citybizlist

bendis-bhi-cropped

Lets collaborate on building a vibrant biotech (or any other) community! Nice chestnut, but how does one design a community that functions across industries, geographies, support organizations, academic institutions and federal labs, each with very different missions and views of their (and others’) roles? How do you find a shared vision for these variant groups, one that drives growth for the greater region and doesn’t cause the players for fight over each opportunity as if it is the last scrap of possibility we’ll see? How do you prevent such a vision from becoming another dusty whitepaper, where behaviors weren’t aligned to make it happen? I had a chance to discuss how such a collaboration should be designed with Rich Bendis, President & CEO of BioHealth Innovation (BHI), an organization which spans from Rockville to Baltimore.

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BioHealth Innovation, Inc. President & CEO Richard Bendis to Present at SXSW 2013 & 2013 BIO International Convention

SXSW BIOROCKVILLE, MARYLAND, March 4, 2013 – BioHealth Innovation, Inc. (BHI), a regional private-public partnership focusing on commercializing market-relevant biohealth innovations and increasing access to early-stage funding in Central Maryland, today announced that BioHealth Innovation, Inc. President & CEO Richard Bendis is scheduled to present at the upcoming SXSW 2013 conference and the 2013 BIO International Convention this Spring. Mr. Bendis is also serving on the Program Committee for AdvaMed 2013: The MedTech Conference, which will be held in Washington, DC, in September.

Specific information for each event is as follows:

  • 2013 South By Southwest “SXSW” Conference, March 8-12, 2013, Austin Convention Center, Austin, Texas. Mr. Bendis is participating in a panel on Saturday, March 9, entitled, “Entrepreneurs-in-Residence: Not Just for VCs!” Venture capital firms have utilized the services of ‘Entrepreneurs-in-Residence’ (EIRs), seasoned innovators with functional expertise, to help spur entrepreneurship and fill gaps in expertise. This panel will look at the value of combining the ‘innovation mojo’ of EIRs with some of the government’s brightest ‘intrapreneurs’ to solve the nation’s most pressing challenges. Joining Mr. Bendis on the panel will be Arnaub Chatterjee (Associate Director of Health Information Partnerships, Merck – Office of the Chief Medical Information and Innovation Officer), John Paul Farmer (Senior Advisor to the U.S. CTO) and Zachery Jiwa, Health IT Advisor; Innovation Fellow, U.S. Department of Health and Human Services; Advisor, HIMSS State Advisory Roundtable.
  • 2013 BIO International Convention, April 22-23, 2013, McCormick Place, Chicago, Illinois. Mr. Bendis is scheduled to be part of The Translational Research Forum on April 22, 2013, beginning at 1:30 p.m., and a panel discussion focused on effective strategies in developing accelerator models beginning at 4:35 p.m.

  • AdvaMed 2013: The MedTech Conference, September 23-25, 2013, Walter E. Washington Convention Center, Washington, DC. Mr. Bendis is reviewing panel submissions in the eHealth IT Track.

 

 

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Montgomery County looks to get hip – The Washington Post

mont-county-offices

Montgomery officials are under no illusions about the county’s image among the Washington region’s young: boring.

“We’re a little sleepy,” said County Council member Roger Berliner (D-Potomac-Bethesda). “We go to bed early.”

For all its prosperity and family-friendly suburban appeal, Montgomery is in the throes of a midlife crisis. That angst has led to a new item at the top of the public policy agenda: a yearning to be hip.

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DreamIt Ventures Partners with JHU and BHI to Expand Healthcare Accelerator to Baltimore

Partnership with Johns Hopkins and BioHealth Innovation, Inc. will speed 10 healthtech startups to market

Bhi jhu dreamit

Baltimore, MD and Philadelphia, PA — September 18th, 2013—DreamIt Ventures is pleased to announce the launch of DreamIt Health Baltimore, a partnership with The Johns Hopkins University and BioHealth Innovation, Inc. to recruit, invest in, and speed the growth and success of a select group of early-stage health IT companies. The program comes on the heels of a successful health IT program in Philadelphia also built on strong industry partnerships that give participants access and advantages typically out-of-reach to startups.

“The key to making health care more accessible is innovation, and the most fertile focus for health care innovation is in acquiring, storing, analyzing and sharing information,” said Ronald J. Daniels, President of Johns Hopkins. “This accelerator project will have important implications for the future use of information as we use technology to find solutions for the most pressing health problems of our day. Just as important, it sets up Baltimore to become even more central to the health care information revolution through the rapid validation of solutions.”

“Technology holds the potential to transform the way in which we approach health care in this country and around the world,” said Paul Rothman, MD, Dean of the Johns Hopkins University School of Medicine and CEO of Johns Hopkins Medicine. “Johns Hopkins has been at the forefront in developing innovative solutions to the most pressing health care challenges. The partnership with DreamIt presents an exciting and unrivaled opportunity to develop the most cutting-edge solutions at the crossroads of information technology and medicine.”

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GSK seeks FDA approval for new GLP-1 agonist

glaxosmithkline

British healthcare firm GlaxoSmithKline has filed for US regulatory approval of its new type 2 diabetes drug albiglutide, which belongs to the same group of injectable GLP-1 receptor agonists as Byetta, Bydureon and Victoza .

GSK announced on Monday that it had submitted the once-weekly medication to the US Food and Drug Administration (FDA) for approval and confirmed that it also plans to seek European Union regulatory approval for the new product in 2013.

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Forget double helix. ‘Quadruple helix’ DNA discovered in human cells | ScienceBlog.com

Quadruple-Helix

In 1953, Cambridge researchers Watson and Crick published a paper describing the interweaving ‘double helix’ DNA structure – the chemical code for all life.

Now, in the year of that scientific landmark’s 60th Anniversary, Cambridge researchers have published a paper proving that four-stranded ‘quadruple helix’ DNA structures – known as G-quadruplexes – also exist within the human genome. They form in regions of DNA that are rich in the building block guanine, usually abbreviated to ‘G’.

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Dr. Lawrence Mahan, PhD Named New Director of OTAC

nhlbi-logo-new.png

The NHLBI Division of Extramural Research Activities (DERA) is pleased to announce the addition of Dr Lawrence Mahan, as the Director of the Office of Translational Alliances and Coordination (OTAC). Dr. Mahan’s professional experience spans academia, government and industry in both basic and ap­plied biomedical research. Additionally it includes global business and strategic alliance development, strategic planning, technology evaluation, entrepreneurship guidance, and consulting on platform technology development in the life sciences.

Most recently Dr. Mahan served as Director of Innovation and Business Development for Children’s National Medical Center and its research institutes, the Children’s Research Institute and the Sheikh Zayed Institute for Pediatric Surgical Innovation, where he managed intellectual property, strategic business alliance development and the advancement of academic entrepreneurship.

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Ram Aiyar Participates in BioCentury This Week Program

video-thumbnailOur Entrepreneur-in-Residence Ram Aiyar participated in a tech transfer series featured on BioCentury This Week discussing the need for accelerated innovations and the current lack of commercialization focus on commercially relevant technologies. The program was divided into 3 parts, Stuck in the Lab, Fresh Approaches, and Validation and also featured Dr. Alicia Loeffler and Rosemarie Truman.

The three-part program can be watched by following the link below.

BioCentury 10.13.13 - [1] Stuck in the Lab 

Stuck in the Lab

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SAIC picks name for spinoff company: Leidos – Washington Business Journal

saic-logo

McLean-based Science Applications International Corp., which announced plans in August to split off part of its operations into a separate publicly traded company, has decided on a name for the new business.

The spinoff, which will focus on national security, health and engineering, will be called Leidos.

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Clark School Faculty Recognized at UMD Invention of the Year Awards

umd-a-james-clark-engineering

Time-reversal techniques for optimizing broadband communication networks and rapid prototyping of microfluidics devices were among the Clark School of Engineering inventions recognized as the most promising new technologies at the University of Maryland Invention of the Year Awards.

The University of Maryland’s Office of Technology Commercialization (OTC) hosted the 26th Annual Invention of the Year Awards reception on Tuesday, April 16, 2013 from 4:30-6:00 pm at the University of Maryland Golf Course Club House.

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Interested in starting your own technology company?…Start with INNoVATE

innovate-umbc-logo

The INNo program trains research scientists in the entrepreneurial skills needed to bring technology inventions and services to the healthcare market.

Participants in the INNo program learn to:

  • Identify and evaluate the commercial potential of intellectual property
  • Understand the business fundamentals related to technology start-ups
  • Create a value proposition and business concept for a new product, platform, or service
  • Articulate investment opportunities persuasively to potential investors and partners
  • Develop a network of resources in the Maryland entrepreneurial community

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About BHI

BioHealth Innovation (BHI) is a regionally-oriented, private-public partnership functioning as an innovation intermediary focused on commercializing market-relevant biohealth innovations and increasing access to early-stage funding in Maryland.


T2 Speakers Series: Partnering with Frederick National Laboratory for Cancer Research

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January 8
William E. Hanna, Jr. Innovation Center at Shady Grove


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