Silicon Valley Bank (SVB) recently conducted a survey called, “Women in Technology Leadership 2019”, which examined tech and healthcare company startup data and demographics. Respondents were from the U.S., UK, Canada and China.
SVB’s survey found that only 56% of responding startups have at least one woman in an executive position and only 40% have at least one woman on the board of directors. 28% of surveyed startups had at least one female founder.
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Cerecor Announces $43 Million Deal with AYTU BioScience to Sell Pediatric Portfolio and Advance Towards NDA
It was announced today that Rockville, Maryland-based Cerecor Inc. (NASDAQ: CERC) has entered into an asset purchase agreement with AYTU BioScience, Inc. (“AYTU”) to sell Cerecor’s Pediatric Portfolio in a deal valued in excess of $32 million.
Cerecor is a biopharmaceutical company focused on becoming a leader in the development and commercialization of treatments for pediatric rare diseases. Earlier this year the company received Fast Track Designation for its lead product candidate, CERC-801 and expects to receive its first FDA approval within the next 18 months.
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A pair of biotechnology companies — Viela Bio and NextCure — launched initial public offerings this year, raising nearly $260 million in public funds between them.
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We are hiring! Maryland Commerce is looking for a professional from the life sciences industry to serve as our Director of BioHealth and Life Sciences. Come be part of the team!
I am happy to announce that a manuscript detailing a AEX and VF spiking study performed with MedImmune (AstraZeneca) and Texcell has been published in Biotechnology Progress. Click here for a good read!
On September 18, 2019, Wilson Sonsini Goodrich & Rosati was named the Venture Capital Firm of the Year at the 2019 LMG Life Sciences Awards, besting four other law firm nominees for the second year in a row. LMG’s annual awards program honors the top firms and legal professionals in the life sciences market. Awards are based on interviews and surveys completed by participants who are active in the life sciences market. This year’s awards program was held in New York City at Essex House.
Thank you Nasdaq for shinning a light today on Adaptive Phage Therapeutics and the significant market potential of our phage therapy in meeting the rapidly expanding un-met need for a cure for patients with antibiotic resistant bacterial infections. Thanks to the NEXT team at Shulman Rogers for your support!
With more than three months to go, 2019 is already turning out to be an inspirational year for women entrepreneurs working toward closing the gender gap in VC. As of the end of August, companies founded solely by women have garnered around $2.4 billion of VC dollars in the US in 2019, on pace to surpass last year’s decade-high of $3 billion, according to the latest update from PitchBook’s VC Female Founders Dashboard.
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JPMorgan Chase is working to pair its financial and philanthropic resources to create a more diverse, equal, and bias-free financial world. Part of those efforts is its program for gender equality, Women on the Move, which aims to expand women-run businesses, improve women’s financial health, and empower women’s career growth. At the 2019 Women on the Move Leadership Day, CEO Jamie Dimon spoke with Raquel Oden, the Northeast Division Director at JPMorgan Chase & Co to hear his thoughts on the company’s philanthropy, being an ally, and healthcare.
Image: PHOTO: WORLD ECONOMIC FORUM / FLICKR / CREATIVE COMMONS 2.0
CEO Jason Miller to step down in June 2020; Mark Weinberger, EY and Peter Scher, JPMorgan Chase to lead search for new CEO
Washington, D.C.—In almost three years since its creation, the Greater Washington Partnership has become a driving force in moving the region forward, having immediate impact around the issues and opportunities that differentiate the Capital Region as a leading innovative regional economy. Jason Miller has been the inaugural Chief Executive Officer of the Partnership, and he will be stepping down as CEO in June 2020, to pursue opportunities working on pressing economic issues at the national level, building on his efforts driving economic growth and prosperity in a regional economy. As the Partnership looks forward, Mark Weinberger of EY and Peter Scher of JPMorgan Chase will lead the search for a new CEO to continue the advancement and impact of the organization.
