Russ Ramsey, Peter Scher and Ted Leonsis have joined with 14 other CEOs to create the Greater Washington Partnership to boost the regional economy and tackle transportation issues. It joins several other business groups with similar goals, though its focus will be on the broader region from Baltimore to Richmond.
Major industries from retail to aeronautics are leveraging big data. But despite the abundance of data in healthcare, and the clear promise of big-data analytics, the sector has been slow to put it to work. Among the obstacles to adoption are laws aimed at protecting patient information, and a shortage of technical talent; hospitals and clinics compete for big data engineers whose technical skills can be agnostically applied across industries. Nonetheless, in 2015 Geisinger Health System implemented an IT system called a Unified Data Architecture (UDA) which allowed us to integrate big data into our existing data analytics and management systems.
Few people realize that the world’s biggest early stage investment fund in the NIH. Unlike most investors, every penny you get, if you should be so lucky, is non-dilutive. That is not to say there are no strings attached and that the funding is not tranched, but scores of products we see day in and day out, from blockbuster drugs, vaccines, medical devices to health IT benefitted from your US tax dollars at work.
While technology is no silver bullet able to solve all that ails the healthcare industry, it has always been part and parcel of any revolution.
Think of the printing revolution and its influence of the Protestant Reformation that forever created a breach in the Catholic church.
Immunomic Therapeutics, Inc. (ITI), a privately-held, Maryland-based biotechnology company, announces that C. Eric Winzer, M.B.A., currently serving Immunomic as Chief Financial Officer, will join the Board of Directors.
“Mr. Winzer’s keen financial expertise and broad industry experience will be a valuable addition to the Immunomic Board of Directors,” announced Immunomic CEO, Dr. William Hearl. “The Board has appreciated his prior contribution to our meetings and we are pleased to formally add him to this important advisory team.”
The Inova Health System have launched Inova Strategic Investments and the Inova Personalized Health Accelerator. Inova Strategic Investments will invest in healthcare venture funds as well as make direct investments in companies. IPHA will accept six to eight companies per year, providing education and funding. Hooks Johnston and Peter Jobse have been named managing directors of these new Inova vehicles.
Nearly half of the U.S. states and the District of Columbia saw a 10 percent or greater increase in higher education R&D expenditures from FY 2010 to FY 2015 with five of those states (Connecticut, Georgia, Massachusetts, Nebraska, and Utah) seeing at least a 20 percent change, according to the National Science Foundation’s (NSF) Higher Education Research and Development (HERD) survey for 2015. Between FY10-15 overall U.S. research and development (R&D) spending at U.S. universities grew 12.1 percent, from about $61.2 billion to $68.7 billion.
Gov. Andrew Cuomo proposed a new initiative this week to grow the life science research cluster throughout the state, pledging $550 million through a variety of programs including tax incentives, state capital grants, and investment capital with an expected match of $100 million from private sector partnerships for operating support.
Looking for the world’s best university startups! $1,500,000 in PRIZES 42 Startup Teams will be invited to compete in front of hundreds of investors, mentors, and partners to help launch their startups!
Competition Dates: April 6-8, 2017 – Rice University, Houston, Texas
Apply Now: Deadline: Friday, February 10, 2017
After a national search, Mike Psarouthakis has been selected as the new director of the U-M Tech Transfer Venture Center. The Venture Center is responsible for helping to identify, develop and launch new startups based on U-M technologies, and works alongside licensing, legal and marketing specialists within U-M Tech Transfer.
