Gaithersburg, MD (June 8, 2021) – miRecule, Inc. (“miRecule”), an emerging biotech company focused on the development of cutting-edge RNA therapeutics, announced the hiring of Fu-An Kang, Ph.D. to serve as its Vice President of Research. Dr. Kang joins miRecule after serving for 6 years as the Senior Director of Chemistry at Abzena, a leading chemistry, biologics and antibody-drug conjugate (ADC) research organization.
Image: https://mirecule.com
Maryland is offering a new program to match international prospects with local incubators throughout the state. The Maryland Soft Landing Program, announced by Maryland Commerce Secretary Kelly M. Schulz at the 2021 SelectUSA Investment Summit, will promote existing “soft landing” programs in the state’s various business incubators, while growing Maryland’s hub of international companies.
NEWARK, Del., June 8, 2021 /PRNewswire/ — The National Institute for Innovation in Manufacturing Biopharmaceuticals (NIIMBL) is pleased to announce funding for 10 new projects in technology, workforce development, and their Global Health Fund initiative, resulting from the Institute’s Project Call 4.1, and with a total value of approximately $4.6M.
The National Institute for Innovation in Manufacturing Biopharmaceuticals (PRNewsfoto/National Institute for Innovati) “Since our inception five years ago, we have been able to fund many great projects that have resulted in significant advancements in the biopharma industry, and this year is no different. The eagerness and ambition this industry has to continuously improve is always encouraging, and I am looking forward to seeing how our newest projects will contribute to accelerating the industry’s manufacturing process,” states Kelvin H. Lee, Institute Director.
The efforts to develop a Covid-19 vaccine accelerated the already strong demand for life sciences real estate in Maryland, and tenants now want lab space faster than developers can build it.
The market’s vacancy rate has fallen so low that life sciences companies often can’t find space that meets their time-sensitive needs, experts say, leading them to look to other markets.
Image: Courtesy of Matan Cos. A rendering of one of Matan Cos.’ Progress Labs buildings on the I-270 corridor.
In 1976, an Atari engineer named Ron Wayne took a 10% ownership stake in a new technology startup created by a pair of fellow co-workers, meant to serve as the tiebreaker in the ambitious triumvirate.
The enterprise showed early potential, but Wayne became concerned that should the young venture flounder, he would be personally liable for the company’s debts as well. So, he cashed out his 10% stake for $2,300.
This episode is the first of a new podcast series, where we will visit with different leaders striving to grow economic development in their areas or regions of interest. We will be discussing new initiatives, new models, the interest and investment in Technology Parks, Incubators and Accelerators as well as other creative economic development platforms being implemented throughout the country within public and private initiatives.
As states ease COVID restrictions, more and more people post their vaccine selfies and the Centers for Disease Control and Prevention updates its mask guidance. It’s beginning to feel like the country is getting back to normal and, in many ways, we are. But the truth is that what we do now in this moment will determine whether we’ve learned the right lessons from the last year of a pandemic that’s cost the world more than 3 million lives.
Are you a biohealth start-up in Maryland, DC or Virginia seeking feedback on your biohealth business idea, pitch deck, or commercialization plan? Schedule your feedback session with BHI EIRs on one of the following dates. Pre-registration is required; Sign up here tinyurl.com/EIRfeedback
For questions/more information, contact BHI.
June 3, 2021 (Washington, D.C.)— The once-in-a-generation pandemic highlighted both the region’s continued lag in economic competitiveness and the absence of a cohesive and coordinated economic development strategy. The Regional Economic Development Strategy (REDS) initiative, launched by Connected DMV, has released the first regional cross-sector blueprint to advance economic opportunity and social equity in Greater Washington, the culmination of a year of work by the REDS Steering Committee.
Image: https://www.connecteddmv.org
Startups can’t stay in the early stage forever. While a young company can benefit from the early momentum of pitch wins and resources found in a community, it eventually must figure out its business model, and ultimately scale.
Hearing leading local investors describe Baltimore’s startup community at a Baltimore Innovation Week 2021 panel discussion dubbed “Strengthening Baltimore as a Hub for Innovation,” this reporter was left with the impression that the ecosystem as a whole feels a bit like a startup.
Image: Photo by Flicker user Phil! Gold
