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1776 shops around idea of $25 million fund, akin to 500 Startups – Washington Business Journal

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1776dc-startup-hub-logo

The founders of District startup hub 1776 have shopped around the idea of raising a $25 million seed fund — modeled partially off of 500 Startups — that would place initial bets as high as $150,000 on early-stage tech companies, according to an investor presentation obtained by the Washington Business Journal.

1776 co-founder Evan Burfield cautioned that the document is a draft, and that 1776 is not actively raising capital yet for the planned seed fund and accelerator. He stressed that officials there haven’t arrived on a target for the size of the fund and that $25 million — and other figures in the document — are just one of several ideas they’ve contemplated.

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Emergent BioSolutions Closes on Its Acquisition of Healthcare Protective Products Division from Bracco Diagnostics Inc.

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emergent-logo

Emergent BioSolutions Inc. (NYSE: EBS) announced today that it has closed on its acquisition of Bracco Diagnostics Inc.’s Healthcare Protective Products Division. This acquisition, which includes the RSDL® (decontamination lotion) product that is cleared for marketing by the U.S. Food and Drug Administration (FDA) for removal or neutralization of chemical warfare agents from the skin, diversifies and broadens Emergent’s biodefense franchise into the chemical countermeasure market.

“As a result of this transaction closing, Emergent is focused on the uninterrupted supply of RSDL product to customers and on the seamless integration of the new Healthcare Protective Products Group (HPPG) into our biodefense division,” said Adam Havey, EVP and president of Emergent’s biodefense division. “This news, which comes on the heels of other positive developments in our biodefense division, including receiving BioThrax® (Anthrax Vaccine Adsorbed) market authorization in Germany as well as reporting positive data from our pivotal study supporting licensure of a post-exposure prophylaxis indication for BioThrax, reinforces Emergent’s leadership position in the biodefense arena.”

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Maryland Cyber Challenge – October 8 and 9, 2013

cybermaryland2013

cybermaryland2013

Register now for the 3rd Annual Maryland Cyber Challenge

Live Finals! October 8 and 9, 2013 at the Baltimore Convention Center

  • Three levels of team competition:
    • high school (network defense)
    • college, and professionals (capture the flag)
  • Open to competitors across the United States, travel costs for finals are the team’s responsibility
  • Lock in early for $50 discount team member names must be finalized by Monday, Sept. 9
  • Competition schedule includes practice rounds, qualification rounds and a final cram session
  • Team registration includes conference pass per team member and coach
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GSK Trial Data Opened for Other Researchers

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gsk-4-logo

“Deidentified” data on individual participants in more than 200 GlaxoSmithKline-sponsored clinical trials are now available to independent researchers, company officials said.

And by the end of the year, the database is likely to include patient-level data from some 400 interventional trials, according to Perry Nisen, MD, PhD, and Frank Rockhold, PhD, of GSK’s research division in King of Prussia, Pa.

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J&J Boston Innovation Center focuses on adaptive collaboration « partneringNEWS

johnson-and-johnson-logo

johnson-and-johnson-logo

“All of us in the life sciences, medical device, and consumer industries are trying to get better at collaboration,” observed Robert Urban, PhD, head of the Johnson & Johnson (J&J) Innovation Center in Boston. For the Boston Innovation Center, which opened June 27, “getting better” includes enormous flexibility in the details of the early stage collaborative deals it inks with individual entrepreneurs, small companies and research institutions.

“A key focus is real adaptability. We strive to build collaborations that are unique to particular opportunities, based upon their specific needs. We have no preconceived notions regarding collaboration. Everything’s on the table,” Urban emphasized. Consequently, there’s no one typical deal or collaboration model. Instead, J&J’s team of business, scientific and transaction experts looks at each individual opportunity during their early stages to determine feasibility, fit within J&J’s goals and the best way to move forward.

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Lieber Institute expanding at Johns Hopkins research park – Baltimore Sun

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lieber-institute-logo

Slices from thousands of brains fill nearly a dozen freezers set to 112 degrees below zero on the top floor of a research building at the Johns Hopkins Science + Technology Park.

Inside those slices might be the secrets to schizophrenia and other mental illnesses. On a recent morning, researchers with the Lieber Institute for Brain Development performed dissections of the amygdala, an almond-shaped mass of neurons thought to play a key role in such diseases.

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Venture capitalist counsels cities looking to contend in tech marketplace | Breaking News | providencejournal.com | The Providence Journal – The Providence Journal

betaspring-rhode-island

betaspring-rhode-island

Rhode Island’s capital city should forget about becoming another Silicon Valley, venture capitalist Josh Kopelman said during a talk Tuesday at Betaspring, the business incubator in the Knowledge District.

It’s an unrealistic goal for Providence and the many other cities that aspire to become the nation’s next technology hub. But, said Kopelman, the founder and managing partner of First Round Capital, that doesn’t mean those communities can’t carve out their own niche in an industry that’s growing at a feverish pace.

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NIH commits $24 million annually for Big Data Centers of Excellence

nih-grants-logo

nih-grants-logo

The National Institutes of Health will fund up to $24 million per year for four years to establish six to eight investigator-initiated Big Data to Knowledge Centers of Excellence. The centers will improve the ability of the research community to use increasingly large and complex datasets through the development and distribution of innovative approaches, methods, software, and tools for data sharing, integration, analysis and management. The centers will also provide training for students and researchers to use and develop data science methods.

Biomedical research is increasingly data-intensive, with researchers routinely generating and using large, diverse datasets. Yet the ability to manage, integrate and analyze such data, and to locate and use data generated by others, is often limited due to a lack of tools, accessibility, and training. In response, NIH launched the Big Data to Knowledge (BD2K) initiative in December. This initiative supports research, implementation, and training in data science that will enable biomedical scientists to capitalize on the transformative opportunities that large datasets provide. The investigator-initiated BD2K Center of Excellence funding opportunity is the first of several BD2K funding opportunities to be announced in coming months.

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