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312th Edition – July 17, 2018

By BHI Weekly Newsletter Archives




BioHealth Innovation


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July 17, 2018



Local Biotech Firms Can Soon Apply for County Grants – Bethesda Beat – Bethesda, MD

Small biotech companies on Monday can start applying for matching grants from Montgomery County through a new program.

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Could printable lungs solve transplant shortage? – Genetic Literacy Project

Recently I had the chance to hold a replica of the upper part of a human airway—the windpipe plus the first two bronchi. It had been made from collagen, the biological cement that holds our bodies together. It was slippery and hollow, with the consistency of undercooked pasta.

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MedImmune and 4D Molecular Therapeutics Collaborate on AAV Gene Therapy for Lung Disease | BioSpace

AstraZeneca’s MedImmune and 4D Molecular Therapeutics forged a collaboration to develop a gene therapy for chronic lung disease.

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Montgomery County Launches New Matching Grant Program to Help Grow Biotechnology Sector

Montgomery County companies may soon apply online for the County’s new Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Matching Grant Program. Applications will be accepted beginning at 10 a.m. on Monday, July 16.

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MaxCyte Receives US FDA Investigational New Drug Clearance for First Clinical Program

MaxCyte announced that it has received Investigational New Drug (IND) clearance from the US Food and Drug Administration (FDA) to begin a clinical study in the United States with its first wholly-owned chimeric antigen receptor (CAR) therapeutic candidate, MCY-M11.

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Altimmune Appoints Mitchel Sayare as Executive Chairman of the Board, and Adds José Ochoa to Its Leadership Team as Chief Business Officer – NASDAQ.com

Altimmune, Inc. (Nasdaq:ALT), a clinical-stage immunotherapeutics company focused on infectious disease, today announced it has appointed Mitchel Sayare, Ph.D., as Executive Chairman of the Board, effective immediately.

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Baltimore biotech Elixirgen Therapeutics making drugs to target rare diseases, raises $4 million – Baltimore Business Journal

A Baltimore biotechnology company has raised $4 million, to help bring its therapeutic treatment targeting rare genetic diseases closer to market.

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Clear Guide Medical gets $2M grant to develop tools for pediatrics – Technical.ly Baltimore

Johns Hopkins spinout Clear Guide Medical received a $2 million grant from the National Institutes of Health to apply its imaging tools to pediatrics.

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WellDoc® Presents Results of an Innovative Economic Analysis Demonstrating Opportunity for Significant Healthcare Cost Savings with the Use of BlueStar® – WellDoc Inc

WellDoc®, a leading digital health company revolutionizing chronic disease management to help transform lives through the use of its digital therapeutics, today announced results from an innovative economic analysis that demonstrated the potential for significant healthcare cost savings with the use of BlueStar®. BlueStar is powered by WellDoc and is a 510K-cleared digital therapeutic designed to coach adults with type 2 diabetes.

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True Bearing Diagnostics Inc. raising millions to catch heart attacks before they strike – Washington Business Journal

True Bearing Diagnostics Inc. is working to commercialize an early-detection test for coronary artery disease, a possible game-changer for the health care industry.

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Future Growth of €Genomics Market€ by Global Industry Top 10 Players in The Globe with Thermo Fisher Scientific, Qiagen, Eurofins Scientific, F. Hoffmann-La Roche and More Till 2025 – openPR

The Worldwide Genomics Market report is an expert analysis report explore the market by Size, Share and Forecasts Till 2025. The Global Genomics Market size was estimated at USD 12.02 billion in 2016. It is anticipated to progress at a CAGR of 9.7% over the forecast period. Widening base of genomic data pool from genomic research activities is enabling physicians, biologists, and patients to further investigate genetic predisposition to certain diseases.

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Johns Hopkins bioethics institute gets $15 million gift – Baltimore Business Journal

The chairman of Johns Hopkins University’s Berman Institute of Bioethics has made a $15 million gift to establish a new endowment and support studying bioethicists.

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PowerTen: Spend 10 Minutes with Baltimore’s Most Dynamic Innovation Leaders

Thursday, July 19, 20184:30 – 7:00 PM EST

Spend an inspiring 10 minute ‘ideastorming’ session with the Anchor Ventures PowerTen, the most influential innovation leaders in the greater Baltimore area – build on an idea for your company, bring your ideas for a program topic, a product, a system improvement or a better way to grow our ecosystem. Complete the RSVP link with your idea and we’ll match you to our PowerTen. Then mingle with more than 150 local entrepreneurs at our networking happy hour.

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Summer Healthcare/Life Science Pitch Event: Sponsored by SoPE, CAAG and NIH

The Society of Physician Entrepreneurs and the MBA Collaborative Alumni Angel Group, in conjunction with NIH, cordially invite you to join us for our next meeting:

Summer Healthcare/Life Science Pitch Event

July 24th 2018 5 PM-8 PM

This program will be focused on start-up and emerging biotech, pharmaceutical, Health IT, and healthcare companies. Referrals are coming from NIH officials and consultants as well as SoPE/CAAG members and affiliates.

Call for Start-Ups; Please submit your Executive Summary and non-proprietary Slide deck to jhausfeld@sopenet.org for consideration to pitch at this upcoming event.

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Amount of venture capital raised by Maryland companies increases 142 percent in 2Q – Baltimore Business Journal

Maryland companies raised $247 million in venture capital funding in the second quarter, the sixth consecutive quarter the state has raised at least $100 million.

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Let’s Talk Tech – #MoCo365

Want to hear more about cybersecurity and technology in Montgomery County? Check out the personal stories from our most innovative business leaders and entrepreneurs in the fields of IT, BioHealth, life sciences, and more.

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Greater Washington VC drops in second quarter, PitchBook says – Washington Business Journal

Venture funding for Greater Washington companies fell nearly 50 percent in the second quarter from a year ago, but the region’s take for the first half of the year remains above last year.

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Restore the patent system and cut the red tape strangling federal labs

The National Institute of Standards and Technology issued a request for information seeking ideas for improving the public’s return on investment from federally supported R&D. Here’s my submission.

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Gates Foundation’s $100M-a-year nonprofit biotech takes flight – FierceBiotech

The Bill & Melinda Gates Foundation has held a coming-out party for its nonprofit biotech startup. Equipped with plans to build a 120-person team and spend $100 million a year, the Gates Medical Research Institute (MRI) will turn drug industry expertise and processes on intractable diseases that kill millions of people annually in low- and middle-income countries.

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An IPO drought? Why Greater Washington punches below its weight on Wall Street debuts – Washington Business Journal

The region has only seen one real initial public offering since the beginning of 2017.

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As Amazon’s acquisition of PillPack sends shockwaves across the pharma industry, GlobalData publish their Top 25 Global Pharmaceutical Companies analysis by Market Cap | GlobalData Plc

The prospect of Amazon entering the pharma industry with the acquisition of PillPack will be a troubling development for pharma executives around the globe.

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Can you find the hidden letter in this brainteaser? – Business Insider

This recently re-surfaced brainteaser has been making the rounds on the internet again. Apparently, reported Sharesplosion, if you can find the “C’ that’s hidden somewhere among the rows and rows of “Os” in under seven seconds, you’re a genius (they claim that 99% of adults can’t achieve this feat).

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Alexandria Real Estate Equities, Inc. Expands Its First-in-Class New York City Regional Life Science Cluster Franchise with the Strategic Acquisition of 219 East 42nd Street in Manhattan, Subject to a Leaseback | STL.News

Alexandria Real Estate Equities, Inc. (NYSE: ARE), an urban office REIT uniquely focused on collaborative life science and technology campuses in AAA innovation cluster locations, today announced it has acquired 219 East 42nd Street for $203 million on a fee simple basis, through a membership interest in the purchasing entity 219/235 East LLC. As part of the transaction, 219/235 East LLC leased back 219 East 42nd Street on a triple net basis to Pfizer Inc., which announced earlier this year plans to relocate its global office headquarters to Manhattan’s Hudson Yards neighborhood in 2022. Ideally located in the heart of Manhattan’s East Side Medical Corridor with critical adjacency to New York City’s renowned academic and medical institutions, the acquisition of this approximately 350,000 RSF, 10-story office building represents significant and immediate net operating income growth with a strong yield from an investment-grade tenant.

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Executive Compensation at Private and Public Colleges – The Chronicle of Higher Education

The Chronicle‘s executive-compensation package includes the latest data on more than 1,400 chief executives at more than 600 private colleges from 2008-15 and nearly 250 public universities and systems from 2010-17. Hover over bars to show total compensation as well as pay components including base, bonus, and other.

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Home | About BHI | BHI News | Programs | Partners | Contact

Copyright © BioHealth Innovation 2017
All Rights Reserved.



311th Edition – July 10, 2018

By BHI Weekly Newsletter Archives




BioHealth Innovation


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July 10, 2018



miRecule Inc. is raising $1 million to stop cancer tumors in their tracks – Washington Business Journal

This seed round will send the startup into the next phase of its journey toward clinical trials.

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Rip Ballou, MD, VP & Head, GSK Global Vaccines US R&D Center, joins host Rich Bendis on a new episode of BioTalk

In this new episode of BioTalk, Rip Ballou, MD, VP & Head, GSK Global Vaccines US R&D Center and BHI President & CEO Rich Bendis discuss GSK’s move to the BioHealth Capital Region, their Vaccines Portfolio/Future, and the importance of succeeding in the industry today.

W. Ripley Ballou, MD is Vice President and Head, GSK Global Vaccines U.S. R&D Center in Rockville, MD – Just outside of Washington, DC. Prior to this he was VP and Head, Clinical Research and Translational Science, Vaccine Discovery and Development at GSK Vaccines in Rixensart, Belgium. Previously he served as Deputy Director for Vaccines, Infectious Diseases Development, Global Health at the Bill & Melinda Gates Foundation. Dr. Ballou is an expert in vaccine development and has worked in this field for more than 30 years. Trained in Internal Medicine and Infectious Diseases, he began his work on vaccines at the Walter Reed Army Institute of Research where he led the team that with GlaxoSmithKline co-developed RTS,S, the world’s most advanced malaria vaccine. Dr. Ballou has numerous publications in the field of vaccine development and infectious diseases.

Listen now on iTunes Google Play , and TuneIn

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Aaron Chang, Renalert CEO – Engineering a Global Paradigm Shift to Prevent Acute Kidney Injury · BioBuzz

Every entrepreneur has a “founder’s story” that serves to build the unique framework for why they are just the right person to solve a specific problem. For Aaron Chang, CEO of Renalert, that story began at Johns Hopkins University in the Masters of Bioengineering Innovation and Design program.

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AgriTech Accelerator at Farm Progress Show

Attending the Farm Progress Show at Boone, Iowa, this year? Add the Iowa AgriTech Accelerator to your list of exhibitors to visit.

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WellDoc®’s BlueStar® Now Available for Hypertension and Weight Management – WellDoc Inc

WellDoc®, a leading digital health company, today announces hypertension and weight management solutions integrated within its digital therapeutic app for type 2 diabetes, BlueStar®. Later this year, WellDoc will launch its stand-alone product for individuals living with hypertension (high blood pressure) and stand-alone products are also in development for multiple chronic diseases.

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Why A Spin-off Is A Win-Win For Big Pharma And Startups

When Viela Bio spun out of MedImmune in March, it started with six assets — three in clinical trials and three in preclinical development — putting it ahead of most startups and many spin-offs. “Other spin-offs often are developing assets that have been shelved for various reasons or that have been deprioritized,” Bing Yao, Ph.D., CEO, notes. “But for Viela Bio, this is a continuation of the programs, not a handoff.”

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Biobuzz Directory – 3 Biotech Startups Among Recipients of TEDCO’s Maryland Innovation Initiative (MII) $5.6 Million Funding

TEDCO, Maryland’s economic engine for technology companies, announced its recent investments through the Maryland Innovation Initiative (MII). With the latest round of funding, MII’s funding count for FY18 includes 38 technology assessment grants and seven start-up investments for a total of $5.56 million. True to its technology agnostic funding history, this year the startups ranged from medical devices to aeronautics and the sports industry.

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CosmosID is the top performer in Janssen’s Mosaic Strain Challenge and precisionFDA’s CFSAN Pathogen Detection Challenge — CosmosID

CosmosID a bioinformatics provider and NGS service laboratory announced that the company’s cloud-based bioinformatics platform for microbiome analysis has received the highest score in the strain-level microbial profiling category of the Mosaic Community Challenge and for strain-level microbial identification in the precisionFDA Pathogen Detection Challenge.

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gel-e expands its OTC label

gel-e Inc., announces the 510(k) clearance of gel-e FLEX by the U.S. Food and Drug Administration (FDA) for the over-the-counter (OTC) use of its first flowable hemostat.

This new clearance expands the Company’s label that now includes the use of gels and bandages in the local management of bleeding, such as lacerations and minor bleeding. These products are specifically designed to create rapid hemostasis through easy-to-use applications for professional healthcare providers, parents, coaches, adult caregivers and even patients themselves. gel-e FLEX also complements the Company’s already FDA cleared vascular closure device, Vascular gel-e®, as it can be worn home by patients to manage any residual bleeding from an out-patient diagnostic or interventional procedure, see http://www.gel-e.co/products.html.

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Gemstone Biotherapeutics receives $225K from ‘America’s Seed Fund’ – Technical.ly Baltimore

With federal funding, Gemstone Biotherapeutics is eying development of the next generation of its wound-healing technology.

The Federal Hill startup is developing treatments that enable skin regeneration without scars.

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Four steps to building an innovation culture in pharma – Pharmaphorum

The quest for innovation is a major driving force in pharma. From the discovery of therapeutic biologicals in the 1920s, such as Salvarsan and insulin, to the blockbuster drugs birthed in the 1990s, such as Lipitor and Humira, pharma has always been on a quest for novel, groundbreaking drug development.

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Israel’s Teva to move US HQ from Pennsylvania to New Jersey | The Times of Israel

Teva Pharmaceutical Industries Ltd., the troubled Israeli manufacturer of generic drugs, will be moving its US headquarters from Pennsylvania to New Jersey, lured by 10-year, $40 million tax incentive plan.

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Home | About BHI | BHI News | Programs | Partners | Contact

Copyright © BioHealth Innovation 2017
All Rights Reserved.



dna-blood-pixa

Future Growth of €Genomics Market€ by Global Industry Top 10 Players in The Globe with Thermo Fisher Scientific, Qiagen, Eurofins Scientific, F. Hoffmann-La Roche and More Till 2025 – openPR

By News Archive

dna-blood-pixa

The Worldwide Genomics Market report is an expert analysis report explore the market by Size, Share and Forecasts Till 2025. The Global Genomics Market size was estimated at USD 12.02 billion in 2016. It is anticipated to progress at a CAGR of 9.7% over the forecast period. Widening base of genomic data pool from genomic research activities is enabling physicians, biologists, and patients to further investigate genetic predisposition to certain diseases.

Read More
Alexandria-Real-Estate-Equities-Logo

Alexandria Real Estate Equities, Inc. Expands Its First-in-Class New York City Regional Life Science Cluster Franchise with the Strategic Acquisition of 219 East 42nd Street in Manhattan, Subject to a Leaseback | STL.News

By News Archive

Alexandria-Real-Estate-Equities-Logo

Alexandria Real Estate Equities, Inc. (NYSE: ARE), an urban office REIT uniquely focused on collaborative life science and technology campuses in AAA innovation cluster locations, today announced it has acquired 219 East 42nd Street for $203 million on a fee simple basis, through a membership interest in the purchasing entity 219/235 East LLC. As part of the transaction, 219/235 East LLC leased back 219 East 42nd Street on a triple net basis to Pfizer Inc., which announced earlier this year plans to relocate its global office headquarters to Manhattan’s Hudson Yards neighborhood in 2022. Ideally located in the heart of Manhattan’s East Side Medical Corridor with critical adjacency to New York City’s renowned academic and medical institutions, the acquisition of this approximately 350,000 RSF, 10-story office building represents significant and immediate net operating income growth with a strong yield from an investment-grade tenant.

Read More

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