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August 27, 2024

Navigating Workforce Trends in Biotech and Government: Insights with Brad Sibbald and Sarah Porter of Kelly Services 

In this episode of BioTalk, Rich Bendis, President and CEO of BioHealth Innovation, Inc., welcomes Brad Sibbald, Vice President of Kelly Science and Clinical, and Sarah Porter, Vice President of Government Solutions at Kelly Services. Together, they explore the critical trends and strategies shaping the biotech and government workforce landscapes, with a particular focus on the BioHealth Capital Region (BHCR).

Kelly Services, a global leader in workforce solutions, plays a pivotal role in connecting talent with opportunities across various industries, including science, engineering, technology, and telecommunications. Brad and Sarah provide valuable insights into how Kelly Services is adapting to the evolving needs of the biotech sector, from commercial enterprises to government agencies.

Listen now via your favorite podcasting platform:

Apple: https://apple.co/4dSL8N6
Spotify: https://spoti.fi/4e1sl2t
Amazon Music: https://amzn.to/3zLNbUw
TuneIn: https://bit.ly/2M60Wmx

The discussion covers various topics, including the current talent landscape in the BHCR, strategies for maintaining a robust pipeline, and the challenges of retaining top talent in an increasingly competitive market.

Additionally, we learn about Kelly’s upcoming virtual job fair in September (https://bit.ly/3yMuiRm), an event for those looking to connect with opportunities in the biotech sector and the 2024 Kelly Global Re:work Report (https://bit.ly/3SSVhBl), offering listeners valuable insights into the future of work and workforce trends globally.

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Final Week to Apply! Deadline August 30th for the 9th Annual Crab Trap Competition

This is your last chance to apply for this year’s Crab Trap Competition, taking place on September 18th, 2024, during BioHealth Capital Region Week at USP in Rockville, Maryland. This event is an incredible opportunity for startups in the biohealth sector to pitch their innovative solutions to a panel of esteemed industry leaders.

Pitch Your Innovation: Finalists will present their business models and technologies during day 2 of the BioHealth Capital Region Forum, gaining invaluable exposure and direct feedback from industry professionals. This platform is perfect for engaging with potential investors and accelerating your company’s visibility.

Prizes:

Additional Opportunities: The winning team will be featured on the BioTalk with Rich Bendis Podcast, further increasing their visibility within the biohealth community.

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Meet the BHI Analyst Team at the BioHealth Capital Region Investment Conference

This September 19th, the BioHealth Capital Region Investment Conference will once again serve as a premier gathering for the biopharma sector, uniting a dynamic blend of participants, including industry executives, investors, and exciting early-stage companies. Known for fostering impactful collaborations and driving innovation, the free-to-attend conference on the third day of BioHealth Capital Region Week is an essential event for those invested in the continued growth of the BioHealth Capital Region.

As part of this event, BioHealth Innovation (BHI) invites you to connect with our expert Analyst Team, led by Jon Nelson. This team plays a pivotal role in advancing the biohealth ecosystem by offering strategic insights within the non-dilutive funding space that help drive success for startups and established companies.

Attendees registered will have the unique opportunity to schedule one-on-one meetings with Jon Nelson. These sessions offer a chance to discuss non-dilutive funding, gain valuable guidance from a team deeply embedded in the grant landscape, and explore potential options for grant assistance. The BHI Analyst Team is equipped to provide the support you need to achieve your goals.

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WBJ: Virginia Tech taps D.C. incubator leader Sally Allain for new role

By Sara Gilgore – Staff Reporter, Washington Business Journal Aug 21, 2024 - Sally Allain, the inaugural head of Johnson & Johnson Innovation’s D.C. incubator, has left her position after more than four years — to grow Virginia Tech’s health sciences research enterprise.

Allain, a longtime J&J exec who built up and led the local JLabs hub that planted roots on Children’s National Hospital’s Walter Reed campus in spring 2019, stepped away this month, announcing her departure in a LinkedIn post. She’ll start with Virginia Tech next week as chief health sciences growth and innovation officer, a newly created position charged with spinning out technology companies and tapping big-name partners across sectors.

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September 9th: HJF Networking and Educational Series

HJF, Montgomery County, Maryland & BioBuzz

We are teaming up to bring the research community a new and exciting opportunity - the HJF Networking and Educational Series. Each quarter, a new topic will be presented in HJF's state-of-the-art Conference Facility located at HJF Headquarters, followed by complimentary food and drinks.

Join us at 4 p.m. on September 9, 2024

https://www.hjf.org/networking-educational-series

Questions? Send an Email to: Linda Yaswen-Corkery

Want to Learn the Ins & Outs of the FDA Approval Process?

Join us for an informative FDA Panel, moderated by HJF's Scientific  Employee Resource Group, followed by networking with Montgomery County life science colleagues.

Date: September 9, 2024
Time: 4-7 p.m.
Location: HJF Conference Facility
6720A Rockledge Drive
Bethesda, MD 20817

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TEDCO Invests in Simmbion, LLC

COLUMBIA, Md., (August 26, 2024) — TEDCO, Maryland’s economic engine for technology companies, announced a recent $200,000 Pre-Seed Builder Fund investment in Simmbion, LLC. Businesses receiving an investment from TEDCO’s Pre-Seed Builder Fund, housed under TEDCO’s Social Impact Funds, receive access to a variety of benefits designed to nurture business growth.

“The promise of biologic drugs has been hampered by the need for frequent injections and cold-chain logistics,” said Derese Getnet, CEO of Simmbion. “Through the assistance of TEDCO, Simmbion is working to eliminate the need for recurrent needle-based administration of these drugs (and all the associated cold-chain). In success, our approach will transform adherence to treatment for diabetes, obesity, rare genetic diseases and cancer.”

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Techstars, Johns Hopkins University, and CareFirst BlueCross BlueShield to Bring Healthcare AI Accelerator to Baltimore

BALTIMORE--()--TechstarsJohns Hopkins University, and CareFirst BlueCross BlueShield (CareFirst) announced today a collaboration to launch a new healthcare accelerator program designed to support early-stage entrepreneurs building pathways to better care through artificial intelligence.

Techstars AI Health Baltimore powered by Johns Hopkins and CareFirst combines the university’s expertise in transforming research into commercially viable businesses, CareFirst’s experience in advancing access to affordable, equitable, high-quality healthcare, and Techstars’ accelerator model that has helped entrepreneurs build thousands of successful companies, including more than 600 in healthcare.

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Falls Church's Retension Pharmaceuticals Closes $10.4 Million Oversubscribed Series A to Fund Clinical Trials for Patients Suffering from Resistant and Uncontrolled Hypertension

FALLS CHURCH, Va.--()--Retension Pharmaceuticals, Inc. is pleased to announce the successful closing of its Series A $10.4 million financing round to initiate a well-powered and controlled Phase 2 clinical study in patients with hypertension uncontrolled on two or more antihypertensives.

Retension Pharmaceuticals is a clinical-stage therapeutic development company focused on developing innovative treatments for hypertension and cardiovascular disease. The company's lead drug candidate, RTN-001, a second generation PDE5 inhibitor, was designed to target the tissues of the higher vasculature by the company’s CSO and Co-Founder, Dr. Paul Sweetnam, overcoming the limitations of first generation PDE5 inhibitors in the hypertension space. According to the WHO, it is estimated that hypertension affects 1.28 billion adults worldwide, of whom only 21% have their hypertension fully under control. In prior clinical trials, RTN-001 has been studied in over 265 human subjects, including two Phase 2 studies in patients with uncontrolled hypertension. In these studies, RTN-001 was shown to be well tolerated and demonstrated clinically significant blood pressure lowering effects.

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OS Therapies Accepted Into Johnson & Johnson Innovation - JLABS

ROCKVILLE, Md.--()--OS Therapies (NYSE American: OSTX) (“OS Therapies” or “the Company”), an ADC and Immunotherapy research and clinical-stage biopharmaceutical company, today announced that it has been accepted into Johnson & Johnson Innovation – JLABS. Through membership of JLABS, OS Therapies aims to further develop and enter the clinic with its tunable Antibody Drug Conjugate (ADC) linker-based platform that relies on pH sensitive linkers & coating technology to reduce off-target effects to improve safety and increase the number & diversity of therapeutic payloads delivered. Through these developments, OS Therapies hopes to offer improved efficacy versus other ADCs in the market or in development. Drug candidates developed using OS Therapies’ tunable ADC platform leverage this unique linker platform to create new intellectual property for both novel and off-patent targeting antibodies and drug payloads.

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NIH SBIR Cycle is Opening: Deadline Approaching on January 5th, 2025

The next cycle of the National Institutes of Health (NIH) Small Business Innovation Research (SBIR) program is just around the corner, with a critical submission deadline set for January 5th, 2025. This highly competitive program offers early-stage funding opportunities for small businesses engaged in research and development that addresses significant biomedical challenges.

The NIH SBIR program provides a powerful vehicle for small businesses to accelerate the commercialization of cutting-edge technologies in fields such as biotechnology, pharmaceuticals, medical devices, and healthcare IT. Through this program, businesses can secure non-dilutive funding to advance their innovative solutions while gaining access to NIH’s vast network of resources and expertise.

Now is the time for eligible companies to prepare their proposals. Securing funding through the NIH SBIR program requires a robust and well-articulated application that clearly demonstrates the proposed project’s scientific merit, innovation, and commercial potential. Companies should also ensure they meet all eligibility requirements and align their research with NIH’s priorities.

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Key Insights from Wilson Sonsini's Entrepreneurs Report: 1H 2024

Wilson Sonsini's Entrepreneurs Report for the first half of 2024 is now available, offering critical insights into the current private company financing landscape. Valuations remain subdued across Seed to Series C stages, with many still below their recent peaks. However, later-stage companies are beginning to see larger fundraising amounts, suggesting a cautious but emerging confidence among investors.

A notable theme in the report is the decline in down rounds, indicating that investors are shifting their focus toward healthier, more sustainable startups. This trend, coupled with steady momentum in pre-seed notes and a dip in post-seed raise amounts, reflects a mixed yet cautiously optimistic venture capital environment.

The report also highlights significant changes in Delaware's corporate law, which could have substantial implications for governance rights among venture-backed startups. These legal developments, along with the financial trends observed, are shaping the venture landscape as we move into the latter half of 2024. Access the full report here.

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Explore the World of Technology Transfer and Commercialization with the Technology Transfer Society - Washington D.C. Chapter

The Technology Transfer Society – Washington D.C. Chapter is excited to announce its Fall 2024 course, "Introduction to Technology Transfer and Commercialization," offered in collaboration with Montgomery College. This hybrid course, available both virtually and in-person, is designed to provide students with a comprehensive overview of the technology transfer process—transitioning innovations from the lab to the marketplace.

Whether you're interested in the inner workings of a technology transfer office or looking to commercialize your own invention, this course is an excellent opportunity to gain valuable insights. You'll learn from seasoned professionals, including experts from federal labs, who will share their knowledge and experiences to help you navigate the complexities of technology transfer.

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