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263rd Edition – July 25, 2017

By BHI Weekly Newsletter Archives

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Artgen, Inc. Selected to Receive Collaborative Maryland Industrial Partnerships Award with University of Maryland

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BioHealth Innovation, Inc. Partner Company Developing Novel Non-Viral Gene Therapies for Treatment of Vascular Diseases.

artgen-logoROCKVILLE, MARYLAND, July 25, 2017 – Artgen, Inc. is pleased to expand its collaboration with the University of Maryland, Baltimore to advance its preclinical program for ART-101 under the Maryland Industrial Partnerships (MIPS) program. The proposal for “Novel targeted imaging applications for PAD” will be supported by a matching contribution from Artgen under the terms of the MIPS award guidelines.
“It has been a very positive experience to partner with Artgen, Inc. and University of Maryland, Baltimore. This initiative supports the overall mission of BHI to advance and foster innovation and company startups within the Maryland region.” said Rich Bendis, BHI President & CEO. “Companies like Artgen are building the next generation of the BioHealth Capital Region (BHCR), and we’re looking forward to supporting their continued success.”

MIPS promotes the development and commercialization of products and processes through industry/university research partnerships. MIPS provides matching funds to help Maryland companies pay for the university research. Projects are initiated by the companies to meet their own research and development goals.

About Artgen, Inc.
Incorporated in 2014, Artgen is developing novel non-viral gene therapies for treatment of vascular diseases. Their lead product candidate, ART-101 is a DNA plasmid designed to be delivered directly to the site of injured tissue with the first indication directed for peripheral artery disease (PAD). ART-101 expresses Vascular Endothelial Growth Factor (VEGF), one of the key regulators of angiogenesis. Artgen’s platform technology has the potential for treatment of other vascular diseases. Artgen is currently licensing IP from the Human Stem Cell Institute https://eng.hsci.ru/home.

About BioHealth Innovation, Inc.
BioHealth Innovation, Inc., is a regional innovation intermediary which supports the transformation of research projects into new business opportunities in partnership with the region’s rich assets, institutions, and entrepreneurial community. BHI achieves this goal by being a catalytic partner in the economic development ecosystem. Learn more at www.biohealthinnovation.org.

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Media contacts:
Rich Bendis
Phone: 301-637-6439, email: rbendis@biohealthinnovation.org

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BioHealth Innovation, Inc. Thanks Ethan Byler for His Contributions and Welcomes Judy Costello as Managing Director.

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Costello-Head-ShotROCKVILLE, MARYLAND, July 25, 2017 – BioHealth Innovation, Inc. (BHI), would like to thank outgoing Managing Director, Ethan Byler as he leaves the organization for the next stage of his career. Over the past five years, Ethan has been responsible for multiple programs supporting the success of BHI. Ethan’s contributions and accomplishments include managing the EIR program with NIH, coordinating SBIR funding assistance to secure over $13M in non-dilutive funding for BHI startup partners, managing the Germantown and Rockville Innovation Centers, building out the Relevant Health accelerator and BHI LaunchLabs suite, achieving successful federal grants for initiatives at BHI, and supporting the growth of a number of biohealth startups in Montgomery County, Baltimore, and other locations across Maryland.

“BHI wouldn’t be where we are today without the hard work and accomplishments of Ethan Byler,” said Richard Bendis, BHI President and CEO. “Ethan has been a consummate professional, leader, and friend to me and the entire BHI family. We wish him the very best as he and his family move to New Jersey for their next adventure.”

In addition, BHI is pleased to announce the addition of Judy Costello as Managing Director, Economic Development at BHI. A longtime supporter of the region’s entrepreneur and start-up communities, Judy joined the Maryland Department of Commerce as Deputy Director of the BioMaryland Center in 2011. More recently, she served as Director of the department’s Office of BioHealth and Life Sciences. She was with the Business Alliance for fifteen years prior, organizing venture pitch forums, entrepreneur bootcamps, tech transfer showcases, educational seminars, and other programs connecting entrepreneurs, faculty innovators, students, and industry leaders in Maryland, D.C., and Virginia.

Prior to joining the Business Alliance, Costello held positions in economic development, financial services marketing, and university public relations. She is a graduate of Georgetown University, and holds a MBA from Loyola University in Maryland.

“We are excited and very fortunate to have Judy join the BHI team,” said Richard Bendis, BHI President and CEO. “Her knowledge of our industry and region will complement the BHI mission.”

About BioHealth Innovation, Inc.
BioHealth Innovation, Inc., is a regional innovation intermediary which supports the transformation of research projects into new business opportunities in partnership with the region’s rich assets, institutions, and entrepreneurial community. BHI achieves this goal by being a catalytic partner in the economic development ecosystem. Learn more at www.biohealthinnovation.org.

# # #

Media Contact:
Rich Bendis
Phone: 301-637-6439, e-mail: rbendis@biohealthinnovation.org

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Annapolis medical device firm raises $1.5 million seed round – Baltimore Business Journal

By News Archive

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An Annapolis firm focused on building medical devices to monitor heart disease has raised $1.5 million to help bring its first product to market.

Vixiar Medical Inc., a spinout of Johns Hopkins, is developing non-invasive devices and systems for monitoring cardiopulmonary diseases. Its seed round included investors from the U.S. Asia and Europe. Local investors include the Abell Foundation and Maryland Technology Development Corp. The company is based on technology licensed from Hopkins and invented by cardiologist Dr. Harry Silber.

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GSK receives FDA approval for a new self-injectable formulation of Benlysta (belimumab) for systemic lupus erythematosus | Antibodies | News Channels

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GSK announced today that the US Food and Drug Administration (FDA) has approved a new subcutaneous formulation of Benlysta (belimumab) for the treatment of adult patients with active, autoantibody-positive SLE who are receiving standard therapy. Systemic Lupus Erythematosus (SLE) is the most common form of lupus, a chronic, incurable autoimmune disease producing autoantibodies that can attack almost any system in the body. The approval marks the first subcutaneous self-injection treatment option for patients with SLE.

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Leadership and strategic innovation in pharma | McKinsey & Company

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Since 2013, Shire has been stepping up its strategy to become the world’s leading company for people with rare diseases. McKinsey senior partners Martin Dewhurst and Andy West recently talked with Shire’s CEO, Flemming Ørnskov, about the company’s efforts to transform and the importance of staying three steps ahead of the organization you’re leading. In this interview, part of our Biopharma Frontiers series on how the pharmaceutical industry is evolving and how leaders can adapt, Ørnskov discusses his vision for the future and the critical elements of leadership. An edited transcript of their conversation follows.

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UNIV OF MARYLAND WebEx Enterprise Site

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Master of Professional Studies in Technology Entrepreneurship

The University of Maryland’s Master of Professional Studies (MPS) in Technology Entrepreneurship educates and empowers students to launch and lead innovative startups and corporate ventures. Our unique experiential learning model incorporates online instruction and coaching, global networking opportunities, and funding opportunities with leading investors. This 100% online offering is a 15-month, part-time program for approximately $20,000.

Live Information Session July 24, at 1 p.m., EST

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