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New survey data result in an upward revision of the previously published 2011 U.S. research and development performance total and imply a sizable further expansion in 2012. These new data puts U.S. R&D expenditures at $428.2 billion in 2011,[2] an increase of $20.5 billion over the 2010 level ( table 1, figure 1 ). The preliminary estimate of the 2012 U.S. total for R&D is $452.6 billion.

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As we go into the last few weeks of the year, my office is busy working up the final numbers on application data for this year. Although the complete set of application data, tables, and graphs will not be available until later in January, I thought I would provide an early snapshot on success rates for 2013 competing research project grant (RPG) applications and awards.

We received 49,581 competing RPG applications at NIH in fiscal year 2013, slightly declining compared to last year (51,313 applications in FY2012).

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A 15-minute commute from Baltimore to Washington, D.C., might be a possibility after all.

The Greater Baltimore Committee in 2012 supported a plan to use maglev trains to produce the next generation of high-speed rail in the Northeast corridor.

But the love affair eventually faded and talk of maglev trains coming to the Baltimore area waned. But the Japanese government is promising to lend the United States half the cost of building the first “Super-Maglev” train. The high-speed train would reduce the 37-mile commute between Baltimore and D.C. from one hour to a blazing-fast 15 minutes

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The Tech Council of Maryland (TCM), Maryland’s largest technology trade association, released its 2014 Policy Platform, which outlines the organization’s specific priorities in the areas of advanced technology, life sciences, taxation, transportation, higher education and workforce development. TCM’s advocacy efforts during the 2014 session of the Maryland General Assembly, which begins January 8, will focus on further improving the business climate to encourage technology and biotechnology companies to grow and flourish in the state.

Specifically, TCM’s 2014 Policy Platform urges policymakers to increase funding for innovation incentives, such as the Research and Development Tax Credit, the Biotech Tax Credit and the Stem Cell Research Fund, and reject onerous changes to the tax structure, such as combined reporting, to provide more certainty for the technology and life sciences business communities. In addition, TCM would like to see implementation of continued long-term funding and policy solutions for development of Maryland’s transportation infrastructure, higher education institutions and next-generation workforce.

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BD (Becton, Dickinson and Company) (NYSE: BDX), a leading global medical technology company, announced today that it has acquired Alverix, Inc., a privately-held diagnostic instrument company known for its optoelectronics expertise. Since 2008, BD and Alverix have collaborated in the point-of-care diagnostic market with the design and development of the BD Veritor™ System, which has been very well received in hospitals, laboratories, physician offices and clinics.

"Point-of-care testing is increasingly an integral part of patient healthcare in both developed and developing countries and BD is committed to expanding in this space," said William A. Kozy, Chief Operating Officer and Executive Vice President, BD. "This acquisition enables BD to continue to strengthen and grow our point-of-care testing position."

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Scientists at the Johns Hopkins Kimmel Cancer Center will receive $90 million in new funding as part of a $540 million gift from Ludwig Cancer Research to six institutions, the school announced Monday.

The gift is among the largest for a single private gift to cancer research, according to the school. The five other Ludwig Centers to share in the current award are Harvard University, Massachusetts Institute of Technology, Memorial Sloan-Kettering Cancer Center, Stanford University, and the University of Chicago.

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As leaders of Montgomery County life science companies, we have a stake in whether local students like science. If they do, they are more likely to work for companies such as ours. If they don’t, our pipeline of future workers gets slimmer. So we have taken special note of a science education gap in our region that we believe will have a long-term impact on our minority students, our communities and our businesses.

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University of Maryland Ventures (UM Ventures) announced today that Dr. Martha J. Connolly has been named director of bioentrepreneurship, a new program supported by the Maryland Technology Enterprise Institute (Mtech) and the A. James Clark School of Engineering, designed to enhance collaboration between the University of Maryland, College Park (UMD) and the University of Maryland, Baltimore (UMB) as part of the MPowering the State initiative.

"UM Ventures creates an integrated innovation ecosystem that includes entrepreneurial support resources," said James Hughes, Chief Economic Development Officer and Vice President at UMB. "Experts like Martha help turn novel ideas into sustainable businesses, and I'm pleased to have her as part of our enterprise." 

glaxosmithkline

With billions to be made on the back of ill health and notable scandals and cover-ups in its history, it’s fair to say that many see the public face of the pharmaceutical industry as a mask for darker machinations. We rely on the drugs for myriad conditions, but do we trust big pharma?

Pharmaceutical giant GlaxoSmithKline (GSK) is no stranger to accusations of unethical drug marketing tactics. But recent news coverage has included its support for the AllTrials campaign – which calls for clinical trials to be registered and results to be published – and a package of other initiatives, including a new commitment to end direct payments to doctors (and other key opinion leaders – KOLs) that have been one of the industry’s most powerful marketing tools.

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Harvard University, Johns Hopkins University and Stanford University are among six institutions sharing a $540 million grant for cancer research from funds established by late real estate magnate Daniel K. Ludwig.

Each center will receive $90 million in new grants from the fund established in 2006, bringing the total bequest to each institution to $150 million, said Ed McDermott, president and chief executive officer of New York-based Ludwig Cancer Research, in a press conference. Other centers getting money are Memorial Sloan-Kettering Cancer Center in New York, University of Chicago and the Massachusetts Institute of Technology.

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2013 has been another banner year in seed financing for U.S. tech startups.  In aggregate, 2013 saw $893 million invested across 843 seed VC deals. In fact, 2013 saw the highest amount of seed VC deals since 2009. Seed VC deal activity in 2013 jumped 11% from 2012 levels and a whopping 173% from 2010 as the number of active seed venture investors continued to stay strong.  By way of definition, seed venture capital rounds included in this brief are early stage investments (typically less than $1.5 million) that specifically include the participation of a venture capital and/or corporate venture capital investor (angel rounds were excluded from this analysis).

bernard-munos-interview-video

Ask any investor what they think about Johnson & Johnson (NYSE: JNJ  ) , and you'll probably hear that it's a diversified pharma company, a blue-chip stock that pays a hefty dividend, and it's a relatively safe investment for investors looking for exposure to the health-care sector. But you might also hear investors criticize its size. With a market cap of almost $260 billion, Johnson & Johnson is one of the largest companies in the U.S., and it edges out both Merck and Pfizer as the largest pharma company in the Dow. Can a company this massive be nimble and entrepreneurial enough to innovate? Is its size holding back its long-term potential to bring new products to market?

jhu-mont-campus-imag

The National Cancer Institute opened NCI Shady Grove next door to the Johns Hopkins Montgomery County Campus buildings. Employees started arriving in late December 2012, two years after the September 2010 groundbreaking ceremony. The move was completed in Spring 2013. Approximately 2,400 NCI employees work at NCI Shady Grove. Coinciding with the arrival of the NCI employees, six new retail shops opened along the parking garage: Shady Grove Cleaners, Freshii, Subway, West Wing Café & Bakery, Blue Fin and Natural Market.

Meanwhile, 11 new companies decided to locate their businesses on campus. These entrepreneurs and researchers focus on health care research and information technology.

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The disease detectives at the Centers for Disease Control and Prevention named the top five global health threats they expect to tackle in 2014:

1. The emergence and spread of new microbes

While it's rare, CDC scientists do come across new diseases each year. In 2013, the new Heartland virus carried by ticks was confirmed in northwest Missouri. Federal health investigators collected samples in the state after two farmers from St. Joseph were sickened by the virus that carried a novel genetic profile.

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By Rock Health’s count, 302 investment firms and “notable angels” put money into a digital health startup in 2013. Twenty-seven of them did it three or more times.

That’s a big jump from the eight who did three or more deals in 2012. An influx of digital health exits, final guidance from the FDA on mobile apps, more good opportunities or any number of other factors may have led investors to pony up capital for more of these companies last year.

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Most people know what marketing executives do every day. They try to catch people’s attention through email, ads, tweets, and press releases. As for data scientists, well, their work is not nearly as well understood.

That’s been slowly changing this year as companies slowly loosen up about letting their hard-won data scientists talk about their work.

Montgomery County ED

The Montgomery County, MD Department of Economic Development (DED) has invested $75,000 in Brain Sentry, makers of Brain Sentry Impact Sensors™, innovative helmet-mounted devices that alert when an athlete suffers a rapid – and potentially dangerous – acceleration of the head. These sensors, which the company began to produce four months ago, are now being utilized by football, ice hockey and lacrosse teams to help identify players who need to be evaluated for concussion.

The $75,000 Montgomery County DED’s investment (conditional grant) is part of a successful $1,000,000 capital raise for Brain Sentry, with additional funds coming from New York Angels, New Dominion Angels, Hull Street Capital and other private investors. According to the Montgomery County DED the typical amount of assistance – in grant or loan – is $5,000 to $100,000. Priority is given to “high technology companies” and “manufacturing companies” and Brain Sentry fits the bill on both counts. Brain Sentry also meets a third DED criterion as a “private employer providing public benefits.”

bio-pen-wollongong

A handheld ‘bio pen’ developed in the labs of the University of Wollongong (UOW) will allow surgeons to design customised implants on-site and at the time of surgery.

The BioPen, developed by researchers from the UOW-headquartered Australian Research Council Centre of Excellence for Electromaterials Science (ACES), will give surgeons greater control over where the materials are deposited while also reducing the time the patient is in surgery by delivering live cells and growth factors directly to the site of injury, accelerating the regeneration of functional bone and cartilage.

glaxosmithkline

GlaxoSmithKline (GSK) officials announced a $1 million dollar prize for innovation in the emerging area of bioelectronics research. The prize will be awarded to the scientists who are first able to solve the challenge of creating a miniaturized, fully implantable device that can read, write, and block the body’s electrical signals to treat disease. It is hoped that finding a solution to this challenge will open and accelerate significant avenues of research in this field. The scientific challenge was developed and agreed by a group of approximately 150 leading scientists from around the world, brought together by GSK’S Bioelectronics R&D unit at a summit earlier this month in New York. Collectively, summit attendees agreed that if they create an implantable wireless device that can record, stimulate and block neural signals to a single organ, it will be a critical factor enabling the onward development of bioelectronic medicines as a future therapeutic reality.

GSK’s Bioelectronics R&D unit is pursuing a relatively new scientific field that could one day result in a new class of medicines that would not be pills or injections but miniaturized, implantable devices. GSK believes that these devices could be programmed to read and correct the electrical signals that pass along the nerves of the body, including irregular or altered impulses that can occur in association with a broad range of diseases. The hope is that through these devices, disorders as diverse as inflammatory bowel disease, arthritis, asthma, hypertension and diabetes could be treated.

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In the same way that great advances in our understanding of the human genome sparked new opportunities for biotech companies in the early 2000s, growing knowledge about how microbes in the human body affect health has paved the way for a small class of biotech startups emerging now.

These companies are looking at ways to restore balance to populations of bacteria in and on the body that, when they become disrupted, may promote disease. Although these relationships are still not completely understood, researchers have been studying potential links between the microbiome and metabolic diseases, inflammation and a host of other conditions.

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There's a reason why Johns Hopkins University has been named one of the top med schools worldwide and the number one hospital in the U.S. Students at Johns Hopkins are driven and relentless in their pursuit of innovative solutions to every day problems. They tend to be incredibly talented, skilled in their respective fields. Which would explain why the Baltimore school was named one of the top 10 universities with the most creative students by ViewsOnYou this year.

A London-based startup, ViewsOnYou is known for acting as a dating site of sorts for prospective employees and companies hiring. It sets up profiles to help match job seekers with the ideal businesses for them according to their personality type. Taking three components into consideration – energy, interpersonal and intelligence – ViewsOnYou offers a more in-depth connection for both parties.

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Every year, Silicon Valley creates new buzzwords to make its startup founders, corporate spokespeople, and “thought leaders” feel like they’re doing something important.

According to linguists, jargon proliferates in Silicon Valley’s tech scene faster than almost anywhere else.

fleming-standish-xconomy

I am a biotech VC, but not a techie. So I don’t follow stem cells, gene therapy, and other similar “blockbuster” technologies in the life sciences. Rather than looking at all the gosh-and-golly stuff going into the biotech pipeline, I wait to see what is coming out of the other end. So far, very little in the most innovative areas.

People are excited about biotech’s IPO window and money flowing into venture funds as reflected in, for example, Bruce Booth’s blog posts. But what he sees as a new day in biotech, I see as the same fundamentals in a new synthetic financial environment manufactured by Ben Bernanke. I applaud Bruce’s optimism. Without people like him and the enthusiasm they bring to the space, biotech would be afflicted by the same anxieties that are paralyzing pharma today.

jallal-baija-medimmune

MedImmune’s Cambridge UK medical technology hothouse will be part of an historic tie-up between the business and the Brazilian government’s ‘Science Without Borders’ programme.

MedImmune, the global biologics research and development arm of AstraZeneca, says that 30 Brazilian post-doctoral fellows will work at its sites in Maryland, California and Cambridge, UK for a period of two years.

biopen-video-medcity

Borrowing concepts from 3D printing, scientists in Australia say they’ve come up with a device and a technique that could allow surgeons to precisely deliver live cells and growth factors directly onto damaged bones to help regenerate bone and cartilage.

The “bio pen” holds and dispenses living cell material that’s housed inside a polymer and protected by a second layer of gel material, according to the University of Wollongong. The “ink” is solidified by a low-powered UV light that’s attached to the device, so it can be layered to construct a 3D scaffold in the wound site. From there, it’s expected that the cells will multiply and eventually differentiate into nerve, muscle or bone cells.

united-therapeutics

Shares of United Therapeutics surged Monday after regulators approved the company's newest treatment for high blood pressure, Orenitram.

A Cowen and Co. analyst called the FDA's move a "surprise" because the FDA had refused to approve the drug twice before and United Therapeutics hasn't reported any additional data from clinical studies.

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Listen up, tech entrepreneurs, Accelerate Baltimore is looking for you.

Accelerate Baltimore is running a contest offering $25,000 in seed money and three months of advice and free rent at the Emerging Technology Centers to six startups capable of bringing their product to market with the program’s three months. The winners also get access to potential investors.

If you are interested, you’d better hurry, though, since the contest deadline is Dec. 31. Applications can be found on Accelerate Baltimore’s website www.acceleratebaltimore.com.

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San Francisco, we’re coming. Of course, you are ready for the biotech onslaught. The cab drivers, hotel people, cops, security dudes, restaurant and bar staff—you all know the drill come January.

So what about all the healthcare industry capitalists? Are you ready to make the most of this week when all the decision makers and big investors are together in about a five-block radius?