The National Institutes of Health aims to boost healthcare technology and science through 15 Institutional Clinical and Translational Science Awards. Total amount of the awards is $79 million in 2013.
The awards will be used to help translate basic discoveries into new treatments that tangibly improve human health requires innovative collaborations and resources, as well as a diverse, highly-trained workforce,” NIH officials said in announcing the awards on Oct. 22.
Crowdfunding moved closer to becoming a reality for small businesses Wednesday morning when the Securities and Exchange Commission proposed rules that will govern how shares in small companies are sold through Internet intermediaries.
The SEC took only 50 minutes to unanimously approve the proposed rules, which were issued more than 560 days after the JOBS Act, the law that legalized the use of crowdfunding for equity investments, was signed by President Barack Obama.
Towson University is getting more serious about entrepreneurship on campus, and Frank Bonsal III will play a big role in that new focus.
Bonsal has served as interim director for TowsonGlobal, the university’s business incubator, since June. Earlier this month, he became the university’s first director of entreprene
Becton, Dickinson and Company (BD) has launched shortest ever insulin syringe needle for the first time in Hyderabad. The needle is 25 per cent shorter than the contemporary needles available in the market.
BD, a leading global medical technology company, has launched BD Glide 6mm needle, the smallest ever insulin syringe needle developed with TBL technology for the first time in India. The needle has been designed to improve patient comfort. Compared to present needle size, 80 per cent patients have preferred this new needle.
Montgomery County Executive Ike Leggett returned recently from a 10-day, 4-city trip to China aimed at advancing Chinese jobs and investment in the County and opening doors for County businesses there, as well as establishing a “Sister City” relationship with the city of Xi’an, with eight million residents and home to the famous Terra Cotta Army.
Packed with visits to businesses and high-tech centers, educational institutions and hospitals, as well as government meetings, the delegation’s itinerary reflected the mission’s strong focus on education and business development. Multi-level partnerships were developed on education, healthcare, and business fronts.
The Economic Alliance of Greater Baltimore (EAGB) is pleased to announce Wes Moore as the keynote speaker at its Annual Meeting. The event will take place December 11, 2013 at the Hilton Baltimore. Year after year, this celebration attracts the region’s top leaders from industry, higher education and government.
Wes Moore, a Baltimore City native, is a youth advocate, Army combat veteran, social entrepreneur and host of Beyond Belief on the Oprah Winfrey Network. Moore, a Johns Hopkins graduate, became nationally known after publishing The Other Wes Moore which became an instant New York Times and Wall Street Journal bestseller. It details the disparate life journeys of two boys from Maryland with the same name — one who went to prison and the other (the author) who forged a successful career.
For six years, green energy business Clean Currents made the Rockville Innovation Center above the downtown Rockville library its home.
The company enjoyed reduced costs for spaces and certain services than it would have had in the general private market. It had access to shared conference rooms, administrative help, a kitchen and copy machine, all pretty much financed by Montgomery County.
Venture capitalists invested $1.12 billion to U.S. mobile companies in last quarter, making it the biggest venture capital financing quarter in history for this sector.
Q3 also had the highest number of mobile deals ever in a quarter, and it was the first time mobile VC deal share eclipsed the healthcare sector, according to a study by CB Insights.
I think few things could be more rewarding than investing in a company that develops a cure or effective treatment for any of the hundreds of conditions that affect millions of people with no effective treatment. But finding the right company can be fraught with risk. That’s one reason why angel and venture investors have been allocating funds to later stage companies that carry less risk.
Luke Timmerman of Xconomy and David Sable, the portfolio manager for the Special Situations Funds, each compiled a handy list of red flags that should make prospective investors in startup life science companies pause. Here are six of them.
Between October 1 and 17, the federal government ceased all nonessential operations because of a partisan stalemate over Obamacare. Although it is premature to declare this the greatest example of misgovernance in modern U.S. Congressional history, this impasse ranks highly.
One casualty of the showdown was any consideration of changes to lessen the impact of the across-the-board sequestration cuts that began on March 1. The cuts have caused economic and other distress across the nation, including serious impacts within the health care sector. Nearly eight months into sequestration, we can move beyond predictions and begin to quantify these effects.
