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What Nobel Laureate Dr. Jim Allison’s Story Can Teach Entrepreneurs and Innovators

Jim Allison shared the Nobel Prize in Physiology or Medicine in 2018, along with Tasuku Hanjo, for pioneering the use of immune checkpoint inhibitors to develop cancer therapies. 

Allison’s remarkable and groundbreaking research into T-Cell activation, and his subsequent work developing his discoveries into viable cancer treatment, has extended the lives of thousands of cancer patients. Allison’s work is more than remarkable: It represents an earth-shaking paradigm shift in scientific thought about how cancer works and could be defeated.

Benjamin Wu, the new CEO and president of the Montgomery County Economic Development Corp., is quickly building out his staff.

The former top adviser to Maryland Gov. Larry Hogan has brought on five new hires since stepping in to lead Montgomery’s economic development efforts on Dec. 18, including a new senior vice president for business development and an opportunity zones project leader.

Theraly Fibrosis, a preclinical-stage biotechnology company focused on development and commercialization of drugs for various fibrotic diseases today announced the company has been awarded a Small Business Innovation Research (SBIR) Phase II grant by the National Institutes of Health (NIH) in the amount of $3.9 million to support development of TLY012 for treatment of chronic pancreatitis.

Vigene Biosciences Inc.’s has opened its new research facility in Rockville.

The opening of a new laboratory at 5 Research Court — near Interstate-270’s Shady Grove Road exit — significantly increases the biotech’s Rockville footprint, adding 51,000 square feet to its existing 20,000 square feet at a separate facility nearby. The project cost more than $20 million, according to Vigene.