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BHI Weekly Newsletter Archives

372st Edition – September 24, 2019

By BHI Weekly Newsletter Archives




BioHealth Innovation


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September 24, 2019












FOUNDING MEMBER OF



Top 10 U.S. Biopharma Clusters – BioHeath Capital Region Strengthens Its Position As It Improves Its Performance In Several Categories

After a generation spent shaping the growth and development of biopharma clusters, Alexandria Real Estate Equities executive chairman and founder Joel Marcus recently spoke publicly about what will most likely drive the upcoming generation of hubs for biopharma and other emerging life sciences.

“If we focus for a moment on the next life science frontier, it’s pretty clear that the sheer scale of unmet medical needs for patients suffering from diseases of the brain is quite staggering, the cost to society enormous,” Marcus told analysts on Alexandria’s quarterly conference call July 30, according to a transcript published by Seeking Alpha. He cited the growing cost of treating dementia and Alzheimer’s disease, and the nation’s opioid epidemic.

 

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Come join us for the 6th Annual BioBowl!

You and your company team will be competing against other biotech firms to win the coveted BioBowl Trophy and bragging rights!

…Until next year

Date: Thursday, October 10th, 2019Time: 4:00 – 6:30 PM (TBC)Location: Bowlmor – 15720 Shady Grove Rd, Gaithersburg, MD 20877

Invitation to follow.

Hosted by BioHealth Innovation and AstraZeneca

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AstraZeneca recognised as pharma’s ‘top dealmaker’

AstraZeneca has successfully been striking deals at an industry-leading rate over the past five years, with a concerted surge in both out-licensing and in-licensing work, according to a new report, Pharma Licensing Trends, 2014–18.

Analysts Datamonitor Healthcare put AstraZeneca comfortably ahead of other pharmaceutical firms, recognising the company as the most active dealmaker between 2014 and 2018, during which time it also signed the sector’s largest single deal.

Image: https://www.astrazeneca.com

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Six NICU Device Innovators Share $150K in Awards at 7th Annual Pediatric Device Innovation Symposium

WASHINGTON, Sept. 23, 2019 /PRNewswire/ — Children’s National Hospital and the National Capital Consortium for Pediatric Device Innovation (NCC-PDI) announce the six winners of the $150,000 “Make Your Medical Device Pitch for Kids!” competition, each receiving a $25,000 award and the opportunity to participate in NCC-PDI’s recently launched “Pediatric Device Innovator Accelerator Program” led by MedTech Innovator. The six winners, who presented medical devices designed to improve Neonatal Intensive Care Unit (NICU) care, emerged from a field of 11 finalists. Each participant delivered their five-minute live pitch presentation to a panel of 25 esteemed judges during the 7th Annual Pediatric Device Innovation Symposium hosted by Children’s National.

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Serial Entrepreneurs of the Biohealth Capital Region · BioBuzz

A strong group of entrepreneurs ready and willing to innovate, fund and lead new bioscience companies is essential to the creation and sustainability of top-tier biohealth clusters. 

It is often referenced that the BioHealth Capital Region (BHCR) lacks a deep enough pool of qualified executive talent that is needed to sustain a larger cluster with more early-stage biotech startups. In fact, Ken Mills, CEO of REGENXBIO shared his feelings towards this void in leadership talent in a recent BBJ article, stating, “People who have experienced some success in the industry need to stay here and be the foundation for investing in new opportunities in biotech.”

Image: https://biobuzz.io

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Our Senior Consultant Cluster Lead Boaz Van Driel just returned from his fruitful visit

Our Senior Consultant and Cluster Lead Boaz Van Driel just returned from his fruitful visit with our collaborators BioHealth Innovation, Inc.

This trip was a vital step in laying our foundations for our expansion in the United States and we look forward to our bright, united future!

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KaloCyte Relocates to Downtown Baltimore as Co-Founders Join University of Maryland Faculty – KaloCyte

BALTIMORE, Sept. 23, 2019 /PRNewswire/ — KaloCyte, a preclinical-stage healthcare biotechnology company developing a synthetic, bio-inspired red blood cell substitute for use in settings when stored red blood cells are not available, has joined Baltimore’s growing biotech community as a University of Maryland (UM) BioPark affiliate. KaloCyte’s relocation from St. Louis brings it closer to major stakeholders and funders, including the National Institutes of Health (NIH) National Heart, Lung, and Blood Institute’s (NHLBI) Small Business Program and the U.S. Department of Defense (DoD) Army Combat Casualty Care Research Program, as well as the outstanding research and clinical communities at the University of Maryland, Baltimore (UMB) and University of Maryland, Baltimore County (UMBC) campuses.

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5 Questions with Doug Ward: Leadership lessons from the CEO of Personal Genome Diagnostics – Technical.ly Baltimore

When Doug Ward joined Personal Genome Diagnostics in 2016 as the company’s first CEO, he brought a small team of scientists with global experience from international medical technology companies. But leading teams and transformations at big names like Bayer, General Electric, Roche, and Siemens didn’t just make him a competitive driver with the know-how to scale the business, it made him an executive hyper-focused on building the team and scaling a culture that will take a startup company from the Canton waterfront to global distribution.

Image: Doug Ward is the CEO of Personal Genome Diagnostics. (Courtesy photo)

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Nine Maryland Companies Receive ExportMD Grants — MCEDC

BALTIMORE, Md. — The Maryland Department of Commerce has awarded nine small and mid-sized Maryland companies with ExportMD grants to help promote their products and services in the global marketplace. The ExportMD grant program helps businesses finance the costs of marketing internationally, including trade show fees and travel expenses. Applications are accepted on a monthly basis and the next application deadline is October 1, 2019. Eligibility requirements can be found on the Commerce website.

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LumaCyte Primed for Significant Global Growth: CE Mark Opens European Market | Business Wire

CHARLOTTESVILLE, Va.–(BUSINESS WIRE)–LumaCyte, an advanced research and bioanalytics instrumentation company headquartered in Charlottesville, VA, announces the third doubling of their manufacturing and laboratory space. This expansion reflects an exponential growth trajectory for the organization. “Customer demand is driving our need for additional space and resources. We are excited by the overwhelming interest in our Laser Force Cytology (LFC) instrument, Radiance®. Biopharma and CDMO organizations are looking to drive innovative analytical solutions into their R&D and biomanufacturing processes and we are honored to be part of this important transformation,” says Dr. Sean J. Hart, LumaCyte’s CEO and CSO. Radiance® offers a unique, label-free approach to single cell analysis giving researchers significant improvements in the quality and speed of their cell-based assays. Two key application spaces driving LumaCyte’s current customer demand are rapid viral infectivity measurements for vaccine R&D and production, and label-free biomarker phenotyping for cell therapy biomanufacturing.

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Alexandria Real Estate Bets on Innovation Clusters

The properties are rented by primarily high quality tenants and the cash flow is well supported by long term, triple net lease contracts.

These public and private research facilities are clustered in areas where medical and technological research spending is most concentrated including the greater Boston area, San Francisco, San Diego, NYC, Seattle and Maryland.

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College launches new student cohort research study “Mason: Health Starts Here” at the Population Health Center | CHHS

On September 17, the College of Health and Human Services kicked-off “Mason: Health Starts Here,” a first-of-its-kind transdisciplinary student cohort study to understand and improve the health of university students. Research will include a longitudinal study of a broad sample of young adults, specifically first-year Mason students, to capture the diversity of their experiences in college and how they affect their physical and behavioral health.

Image: https://chhs.gmu.edu

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Alexandria Real Estate Equities, Inc. Selected by the City of Seattle to Transform the Mercer Mega Block Into a Community-Oriented, Amenity-Driven Mixed-Use Campus Uniquely Designed to Stimulate Collaboration and Innovation

Alexandria has been at the vanguard of Seattle’s growing commercial life science ecosystem since entering the Seattle market in 1996 and is committed to developing a new, vibrant and connected campus to accelerate the discovery and delivery of novel innovations; create quality construction, life science and technology jobs; provide critical funds to address homelessness initiatives; activate the neighborhood; and help fulfill the company’s mission to advance human health

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Saving Lives with Robots – YouTube

One of the biggest dangers for trauma patients during the ambulance ride is undiagnosed, internal hemorrhagic bleeding. It’s currently undetectable with methods available on the ambulance ride. You can’t see it … but a robot can.

Dr. Axel Krieger – an assistant professor of mechanical engineering at the University of Maryland’s A. James Clark School of Engineering who specializes in medical robotics and computer vision – says that estimates suggest one-third of trauma fatalities likely would have survived if they had access to hospital-level of care sooner. He aims to help make that level of care standard on the way to the hospital by equipping ambulances with a medical robot enhanced by machine learning.

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3 Ways to Gain Exposure to Venture Capital in Tech and Healthcare | The Motley Fool

Another day, another start-up making headlines about its transformational technology that’s set to disrupt a traditional sector, or its scientific breakthrough that will change the treatment standard for a horrible disease. “Sounds great!” you may be thinking. “Where do I invest?” Unfortunately, you can’t.

Let’s face it. Most of us aren’t able to invest in venture capital funds. The realm of private equity that fuels the growth of fledgling companies is reserved for endowments, pension plans, and high-net-worth, accredited investors. Is it possible for ordinary investors to gain exposure to this high-risk, high-reward arena? Yes, but only indirectly.

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Former FDA chief Scott Gottlieb joins FasterCures Advisory Board

WASHINGTON, September 16, 2019 – Former U.S. Food and Drug Administration Commissioner Scott Gottlieb has been appointed to the FasterCures advisory board, executive director Tanisha Carino announced today.

Gottlieb has a unique vantage point into the biomedical research system, how breakthrough medical technologies are developed, and the promise new therapies can hold to cure disease and save lives, according to Carino.

As a member of the advisory board, Gottlieb will leverage decades of exp

Image: Scott Gottlieb – https://en.wikipedia.org/wiki/Scott_Gottlieb

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Pioneering data research centres to enable cutting-edge research and innovation to benefit UK patients | HDR UK

Data hubs set up across the UK from October this year will enable cutting-edge research for health discoveries and aim to give patients across the UK faster access to pioneering treatments.

Pioneering data hubs that enable cutting-edge research for health discoveries and aim to give patients across the UK faster access to pioneering new treatments will be rolled out next month.

Led by Health Data Research UK, these hubs aim to improve the lives of people with debilitating conditions, and will link up different types of health data and make it more easily accessible and user-friendly for research, while maintaining strict controls around data privacy and consent.

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Oxitec, a subsidiary of Germantown, MD based Intrexon, is working to fight mosquito born illnesses

Most people consider mosquitoes to be a summertime pest – the unwelcome guest at the backyard barbecue. More concerning are the threats from disease-carrying mosquitoes, those that can potentially result in Dengue, West Nile, Yellow fever and Zika. And now media are reporting alarming cases of Eastern equine encephalitis (EEE) in the United States that have already killed at least three people and infected others.

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UK Biobank Whole-Genome Sequencing Project Obtains £200M from Pharma, Government, Philanthropy | GenomeWeb

NEW YORK (GenomeWeb) – The UK government said today that it has formed a strategic partnership with four pharmaceutical firms and a charity to provide £200 million ($247 million) to support sequencing the genomes of hundreds of thousands of participants in the UK Biobank.

The project aims to improve health through genetic research and to advance the prevention, diagnosis, and treatment of a variety of illnesses, including cancer, heart disease, diabetes, arthritis, dementia, and chronic kidney disease.

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Facility Logix Highlights Firm’s Significant Growth as It Celebrates 15th Anniversary – Facility Logix

Burtonsville, MD – September 19, 2019 – Facility Logix, a life sciences consulting firm providing best-in-class customized facility solutions and novel approaches to facility design, real estate construction and project management to the biotech industry, celebrates 15 years of success and continued growth, capped off with the recent grand opening of the new 75,000-square-foot Discovery and Innovation Building in Jacksonville, Florida for a major academic medical center.

Image: https://flgx.com/3069-2/

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USM is investing $250k in a product designed to heal skin wounds – The Diamondback

The University System of Maryland recently invested $250,000 in a University of Maryland alumna’s biotech company.

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

Copyright © BioHealth Innovation 2017
All Rights Reserved.



371st Edition – September 17, 2019

By BHI Weekly Newsletter Archives




BioHealth Innovation


If you are having trouble viewing this email, please click here


September 17, 2019












FOUNDING MEMBER OF



What Does It Take to Build A Globally Competitive Biohealth Cluster? · BioBuzz

The BioHealth Capital Region (BHCR) continues to thrive and currently occupies the fourth spot in the most recent Genetic Engineering & Biotechnology (GEN) top ten U.S. biohealth cluster rankings. More importantly, the collaborative efforts across industry, academia, government and nonprofits within the BHCR have generated powerful momentum that is now producing tangible results: The region has moved up two spots in GEN’s rankings in the last five years.

Read More




Save the Date: BioHealth Capital Region Investment Conference October 15 + 16

By invitation only: For questions email BHI@BioHealthInnovation.org

Gaithersburg, MD

Read More




Come join us for the 6th Annual BioBowl!

You and your company team will be competing against other biotech firms to win the coveted BioBowl Trophy and bragging rights!

…Until next year

Date: Thursday, October 10th, 2019Time: 4:00 – 6:30 PM (TBC)Location: Bowlmor – 15720 Shady Grove Rd, Gaithersburg, MD 20877

Invitation to follow.

Hosted by BioHealth Innovation and AstraZeneca

Read More




BHI Immediate Job Opening: Analyst

BHI is looking to add to our team! We have a new opening for an Analyst. Our analysts assist in the evaluation of early-stage technologies and provide strategic planning and operational support for start-up companies. They support the BHI organization by strategically managing and providing information, intelligence and insights that drive critical business decisions. For details on this exciting role and information on how to apply click here.

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How Top Companies Attract, Engage and Retain Their BioHealth Workforce · BioBuzz

Are you finding it harder to recruit, hire and retain the biotech workforce you need?

Well, you’re not alone. With the demand for talent at an all-time high, competition has never been greater.

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Hard to Find Small Lab Space!

708 Quince Orchard Road, Gaithersburg, Maryland

Three move-in ready laboratory/office modules; each approximately 1,200 RSF with communal services and amenities designed to facilitate collaboration.

  • Fully fit out laboratory space
  • Office space includes one furnished office and two workstations
  • Communal space includes reception/lobby area, pantry, conference rooms, IT closet, autoclave, glass wash, and ice maker
  • BioHealth Innovation will provide their Startup and Entrepreneur-in-Residence programs and various supporting services to guide and facilitate the growth of early-stage companies
  • FitLab, Alexandria’s state-of-the-art fitness center, is located in close proximity

Read More




Immunomic Therapeutics Appoints Harvard’s Brain Tumor Expert, Dr. E. Antonio Chiocca, to its Scientific Advisory Board – Immunomic Therapeutics

Immunomic Therapeutics, Inc. (ITI), a privately held, Maryland-based biotechnology company, announced today that it has appointed brain tumor expert E. Antonio ‘Nino’ Chiocca, M.D., Ph.D., Harvey W. Cushing Professor of Neurosurgery, Harvard Medical School Neurosurgeon-in-Chief and Chairman, Department of Neurosurgery, Brigham and Women’s Hospital to its scientific advisory board. ITI is currently applying its investigational UNITE™ platform in immuno-oncology, particularly for virally driven brain cancers, and Dr. Chiocca’s extensive expertise in this field will be instrumental to these efforts.

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QIAGEN Announces Change in Global Sales Structure | Technology Networks

QIAGEN N.V. has announced that it has decided to integrate its global sales resources into its Business Areas (Life Sciences, Molecular Diagnostics and Bioinformatics). This transition is expected to allow the Business Areas to oversee the full value chain from innovation to commercialization, which is expected to further increase focus and agility. QIAGEN plans to provide an update during the fourth quarter of 2019.

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Viela Bio IPO: At Phase 3 Of Development With Positive Results – VIELA BIO, INC. (Pending:VIE) | Seeking Alpha

With product candidates acquired from AstraZeneca (AZN) and MedImmune, Viela Bio (VIE) is clinical-stage biotechnology to be followed carefully. Besides, at Phase 3 of development, the company could deliver positive results in 2020, which may make the share price run. After the IPO, we expect Viela to have an enterprise value between $180 and $310 million. With that, in our opinion, savvy individuals will try to acquire shares at an enterprise value of $200 million.

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United Therapeutics Announces FDA Acceptance Of Trevyent New Drug Application For Review

United Therapeutics Corporation (UTHR) today announced that the U.S. Food and Drug Administration (FDA) has accepted for review the New Drug Application (NDA) for Trevyent® (treprostinil) for the treatment of pulmonary arterial hypertension (PAH). The FDA assigned the NDA a Prescription Drug User Fee Act (PDUFA) target action date of April 27, 2020. Trevyent is a post-phase III development-stage drug-device combination product that combines two-day, single use, disposable PatchPump® technology with treprostinil, for the subcutaneous treatment of PAH.

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Maryland Startup Developing AI-Enabled Drug Discovery Technology, Insilico Medicine, Just Raised $37M in Funding from Leading Chinese VC Firm · BioBuzz

In the world of drug discovery and development, there is increasing pressure to get novel products to market faster, cheaper and ahead of the competition. This is exactly what Insilico Medicine is helping leading pharmaceutical companies to achieve through their artificial intelligence technology for drug discovery.

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RegenxBio reaches licensing deal with Clearside Biomedical – Washington Business Journal

RegenxBio Inc. just locked in another deal — this one with a company working to treat eye diseases.

The Rockville biotech has reached a licensing agreement with Alpharetta, Georgia-based Clearside Biomedical Inc. (NASDAQ: CLSD) for rights to its platform to treat several eye diseases including wet age-related macular degeneration and diabetic retinopathy. RegenxBio (NASDAQ: RGNX) plans to evaluate one of its own gene therapy programs, called RGX-314, using Clearside’s in-office injection as an alternative to surgery.

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Baltimore-based Capsulomics wins first place at Patriot Boot Camp in Utah – Technical.ly Baltimore

Baltimore-based Capsulomics won the top award in Utah last month at a pitch competition that was part of a boot camp for early-stage companies founded by military members, veterans and military spouses.

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USM investment fund has tapped mostly Baltimore, College Park startups – Maryland Daily Record

The Maryland Momentum Fund has been successful in its first couple of years but needs to do a better job of marketing itself to all of the University System of Maryland’s institutions, the fund’s director told the system’s Board of Regents Thursday. The fund, which the system uses to invest in startups related to system institutions, has …

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City Business Leaders Hail Perman’s Leadership – University of Maryland, Baltimore

“I think most of you know how deeply I care for this city and its people, how much I love being part of a place with so much grit, and grace, and potential,” University of Maryland, Baltimore (UMB) President Jay A. Perman, MD, told several hundred members of the Downtown Partnership of Baltimore (DPOB) at the group’s annual meeting Sept. 12. “I can’t imagine a higher honor than being in a position to help Baltimore reach that potential, to help it become what we know it can be.”

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Lockheed Donates $3 Million to University of Maryland STEM Program

Lockheed Martin recently signed a $3 million charitable commitment to the University of Maryland A. James Clark School of Engineering. The three-year contribution will be used to fund work-related to vertical takeoff and landing research at the school’s rotorcraft lab, and high-speed flight experiments reaching up to Mach 8, or 6,000 mph.

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Adventist HealthCare names new Shady Grove Medical Center leader – Washington Business Journal

The new president first joined the Rockville hospital’s leadership team in 2011.

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FDA Approval of Roche Cancer Drug Confirms Beginning of New Oncology Era | The Motley Fool

With nothing more than a passing glance, the U.S. Food & Drug Administration’s (FDA) approval of Roche Holdings’ (OTC:RHHBY) cancer drug entrectinib last month was a run-of-the-mill announcement. In fact, it was almost boilerplate in its tone and feel.

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New Ways of Working Together to Heal the World at Women Building Bio – Sept. 19.

Spotlights on Inspiring New Collaborative Approaches to Discovery and Development of Treatments and Cures

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Scientists discover hidden differences among cells that may help them evade drug therapy | EurekAlert! Science News

University of Maryland researchers have discovered that seemingly identical cells can use different protein molecules to carry out the same function in an important cellular process. The scientists named this newly discovered variability “functional mosaicism,” and it has significant implications for the development of therapeutic treatments, which are often designed to target a specific molecule, or a gene that produces a specific molecule.

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Infographic: Which Rare Diseases Are The Most Common?

Pharmaceuticals have come a long way since the apothecary days of prescribing cocaine drops for toothaches, or dispensing tapeworm diet pills.

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First hint that body’s ‘biological age’ can be reversed

A small clinical study in California has suggested for the first time that it might be possible to reverse the body’s epigenetic clock, which measures a person’s biological age.

For one year, nine healthy volunteers took a cocktail of three common drugs — growth hormone and two diabetes medications — and on average shed 2.5 years of their biological ages, measured by analysing marks on a person’s genomes. The participants’ immune systems also showed signs of rejuvenation.

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9 health tech trends drawing venture capital

Venture funding for digital health companies reached an all-time high in the first half of 2019, totaling $5.1 billion across 318 deals, according to a recent report.

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

Copyright © BioHealth Innovation 2017
All Rights Reserved.



370th Edition – September 10, 2019

By BHI Weekly Newsletter Archives




BioHealth Innovation


If you are having trouble viewing this email, please click here


September 10, 2019












FOUNDING MEMBER OF



Kinexum’s Dr. Zan Fleming, M.D. and Thomas Seoh join Rich Bendis on BioTalk

Dr. Zan Fleming, M.D. and Thomas Seoh of Kinexum join Biotalk host Rich Bendis to discuss the company, Metabesity, and their upcoming 2019 Conference in Washington, DC

Listen now on Google Podcasts http://bit.ly/2kaI8Xt, iTunes https://apple.co/2kc7jsG, and TuneIn http://bit.ly/2lMk79l

Dr. Alexander Fleming is Founder and Executive Chairman of Kinexum, a company with diverse expertise in developing drugs, biotech products, medical devices and digital health technologies. He is also Executive Vice-President of Tolerion, a biotechnology company developing disease-modifying treatments for type 1 diabetes and other autoimmune diseases. Dr. Fleming received his M.D. and internal medicine training from Emory, fellowship training in endocrinology at Vanderbilt and metabolism at National Institutes of Health, where he was a senior fellow. 

At the US Food and Drug Administration from 1986-98, Dr. Fleming was responsible for the therapeutic areas of diabetes, other metabolic and endocrine disorders, growth and development, nutrition, lipid-lowering compounds, and reproductive indications.  He led reviews of landmark approvals including metformin and the first statin, insulin analog, PPAR-agonist, and growth hormone for non-GH deficiency indications. He conceived and directed the first FDA pilot project to utilize the internet for regulatory communication and represented FDA on the expert working groups for Good Clinical Practices and General Considerations for Clinical Trials of the International Conference on Harmonisation (ICH) and participated on other ICH committees including the Common Technical Document working group.  

Dr. Fleming remains active in supporting the development of diabetes-related preventions, treatments, devices, and digital technologies.  He serves on the joint technology working groups of the European Association for the Study of Diabetes and American Diabetes Association.   

Thomas Seoh is President and CEO of Kinexum, a strategic advisory firm that provides regulatory, clinical, CMC and other translational guidance for life science product development.  He is an entrepreneur/executive who has held senior leadership positions in public and private pharmaceutical, biotech and medical device companies for over 25 years. 

Mr. Seoh began his career as a corporate attorney in New York and London, then assumed legal management positions with the Consolidated Press group in Livonia, MI, then the ICN Pharmaceuticals group in Costa Mesa, CA.  He next became VP, General Counsel and Secretary, and later, SVP Corporate and Commercial Development, of Guilford Pharmaceuticals, a NASDAQ-listed company in Baltimore which commercialized GLIADEL® wafer for glioblastoma multiforme and developed the propofol pro-drug LUSEDRA® and small molecules for Parkinson’s disease.  He then became CEO of venture-backed Faust Pharmaceuticals in Strasbourg, France, with a repurposed compound in Phase II for Parkinson’s patients, a re-positioned molecule for Duchenne muscular dystrophy and a GPCR drug discovery platform. 

Mr. Seoh subsequently served in leadership positions of medical device startups developing an ex vivo liver dialysis device, a novel mechanical thrombectomy device for Deep Vein Thrombosis and stroke and a state-of-the-art neurocatheter, and a plant-based skin substitute wound dressing.  He has served on industry-university advisory boards at Johns Hopkins School of Medicine and the University of Maryland Baltimore County.  He holds an AB in Philosophy and History and a JD from Harvard University.

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Save the Date: BioHealth Capital Region Investment Conference October 15 + 16

By invitation only: For questions email BHI@BioHealthInnovation.org

Gaithersburg, MD

Read More




Come join us for the 6th Annual BioBowl!

You and your company team will be competing against other biotech firms to win the coveted BioBowl Trophy and bragging rights!

…Until next year

Date: Thursday, October 10th, 2019

Time: 4:00 – 6:30 PM (TBC)

Location: Bowlmor – 15720 Shady Grove Rd, Gaithersburg, MD 20877

Invitation to follow.

Hosted by BioHealth Innovation and AstraZeneca

Read More




Startup CXO Database

Are you an experienced biohealth entrepreneur seeking new opportunities in the BioHealth Capital Region? BioHealth Innovation is developing a database of experienced industry personnel willing to work in potential C-suite positions with our university and startup partners. If you would like to have your contact information and vita included in this database for their review and have not done so already, please submit your information to BHI via this form.   

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BHI Immediate Job Opening: Analyst

BHI is looking to add to our team! We have a new opening for an Analyst. Our analysts assist in the evaluation of early-stage technologies and provide strategic planning and operational support for start-up companies. They support the BHI organization by strategically managing and providing information, intelligence and insights that drive critical business decisions. For details on this exciting role and information on how to apply click here.

Read More




Hard to Find Small Lab Space!

708 Quince Orchard Road, Gaithersburg, Maryland

Three move-in ready laboratory/office modules; each approximately 1,200 RSF with communal services and amenities designed to facilitate collaboration.

  • Fully fit out laboratory space
  • Office space includes one furnished office and two workstations
  • Communal space includes reception/lobby area, pantry, conference rooms, IT closet, autoclave, glass wash, and ice maker
  • BioHealth Innovation will provide their Startup and Entrepreneur-in-Residence programs and various supporting services to guide and facilitate the growth of early-stage companies
  • FitLab, Alexandria’s state-of-the-art fitness center, is located in close proximity

Read More




A Uniquely Positioned GMP BioManufacturing Facility Hits the Market in Maryland · BioBuzz

Biotech is booming across the country, especially in the top biotech clusters like Boston, San Francisco, New York and in the BioHealth Capital Region (BHCR). The global biotechnology market is expected to reach $775.2 billion by 2024 at a compound annual growth rate of 9.9 percent.

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Viela Bio Announces Publication in The Lancet of Pivotal Study Results of Inebilizumab in Patients with Neuromyelitis Optica Spectrum Disorder | Business Wire

Viela Bio today announced that peer-reviewed journal, The Lancet, has published results from its pivotal study of inebilizumab in patients with neuromyelitis optica spectrum disorder (NMOSD). NMOSD is a rare, severe, relapsing, neuroinflammatory autoimmune disease that can result in severe muscle weakness and paralysis, loss of vision, respiratory failure and neuropathic pain.

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Frederick biotech Veralox Therapeutics raises $5.4M to support drug development, trials – Baltimore Business Journal

Veralox specializes in developing drugs to address unmet medical needs. It is currently working on therapies to target type 1 diabetes and a medication-induced immune disorder.

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Machfu Awarded $1M Phase II Extension SBIR Grant from the Department of Energy | Business Wire

Machfu, an industrial Internet of Things technology company, announced today that it has been awarded the Small Business Innovation Research (SBIR) Phase II extension grant for $1 million by the U.S. Department of Energy (DOE). Machfu won the Phase II award in 2017.

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Children’s National and NCC-PDI Announce $150K NICU Medical Device Competition Finalists and Symposium Keynote Speakers | BioSpace

Organizers of the $150K “Make Your Medical Device Pitch for Kids!” competition today announced the 12 finalists who are advancing to the live pitch component of the competition scheduled for Sept. 22 during the 7th Annual Pediatric Device Innovation Symposium hosted by Children’s National Health System. The pitch competition, sponsored by the National Capital Consortium for Pediatric Device Innovation (NCC-PDI), focuses on Neonatal Intensive Care Unit (NICU) innovations, a pediatric subspecialty that the Food and Drug Administration (FDA) identifies as having a significant unmet need for medical devices.

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Downstream Processing of Complex Molecules, Pure and Simple

Making a therapeutic that contains biological components is just the start of creating a medicine. Then, biopharmaceutical companies must capture that drug and ensure that it’s free of contamination. New techniques and technologies can accomplish that capture and cleanup more simply and economically.

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REGENXBIO Announces Exclusive Worldwide Option and License Agreement with Clearside Biomedical for Evaluation of In-Office Delivery Platform for RGX-314

REGENXBIO Inc. (Nasdaq: RGNX), a leading clinical-stage biotechnology company seeking to improve lives through the curative potential of gene therapy based on its proprietary NAV® Technology Platform, and Clearside Biomedical, Inc. (Nasdaq: CLSD), a biopharmaceutical company dedicated to developing and delivering treatments that restore and preserve vision for people with serious back of the eye diseases, today announced an option and license agreement for exclusive worldwide rights to Clearside’s proprietary, in-office SCS Microinjector™ for the delivery of RGX-314 to the suprachoroidal space to treat wet age-related macular degeneration (wet AMD), diabetic retinopathy (DR) and other conditions for which anti-vascular endothelial growth factor (anti-VEGF) treatment is currently the standard of care. REGENXBIO plans to evaluate RGX-314 using Clearside’s SCS Microinjector for in-office, non-surgical delivery into the suprachoroidal space, while continuing to advance its RGX-314 subretinal delivery program currently in development for wet AMD and DR.

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PeopleOnTheMove – September 2019 – BioBuzz

There were 5 New Hires and Promotions in the #BioHealthCapitalRegion in the month of August! Check out all the #PeopleOnTheMove Here Facility Logix LLC Ceres Nanosciences, Inc. Vaccitech CRB

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Built for Bio: Integrated BioTherapeutics on Vimeo

M. Javad Aman, PhD, President and CEO of Integrated BioTherapeutics, explains how his Montgomery County company is focused on discovery research for the development of new vaccines and therapies to fight emerging infectious diseases.

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Microsoft (MSFT) Teams Up With AstraZeneca on AI Incubator – Bloomberg

Microsoft Corp. is teaming up with U.K. drugmaker AstraZeneca Plc on creating a health-tech incubator in Paris aimed at bringing new solutions to the field’s most difficult problems.

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SBIR Road Tour Coming to UMD- Last Chance to Register!

College Park, Maryland, will serve as a SBIR Road Tour stop for the state of Maryland, and will provide attendees with an opportunity to hear directly from the participating federal agency program managers that administer over 5,000 new awards annually. Register today for a one-on-one appointment with your choice of agencies!

The SBIR Road Tour is a national outreach effort connecting entrepreneurs working on advanced technologies to the country’s largest source of early stage funding – the SBIR/STTR programs. Also known as America’s Seed Fund, the SBIR/STTR programs provide over $3 billion in funding to small businesses each year in a wide variety of technology areas.

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Johns Hopkins University announces new center for psychedelic research – ABC News

Johns Hopkins University is launching a new center for psychedelic research that will use psychedelic drugs to study the mind and therapies for diseases like addiction.

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Versant backs new, medtech-focused Vensana Capital fund, launching with $225M | FierceBiotech

Vensana Capital—an independent, medtech-focused venture capital investment firm supported by Versant Ventures—has launched with a $225 million fund and ambitions to support new breakthroughs in medical devices, diagnostics and data science.

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Key details in Viela Bio’s $150 million IPO – Washington Business Journal

It’s a pivotal moment for the MedImmune spinout, which has put the fate of its first prospective product in regulators’ hands.

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Bristol-Myers teams with BioMotiv to build and buy biotechs | FierceBiotech

Bristol-Myers Squibb has allied with biotech accelerator BioMotiv. The deal sets Bristol-Myers up to found and fund biotechs with BioMotiv before going on to acquire them outright once a preclinical candidate is identified.

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America’s Most Innovative Leaders: 24 healthcare leaders on the list

Forbes released its annual list of the country’s most innovative leaders, comprising 100 founders and CEOs known for encouraging creative and highly successful innovation at their organizations.

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Here are the six winners of Johnson & Johnson’s innovation challenge – Ventureburn

Healthcare giant Johnson & Johnson today announced the six winners of the Champions of Science Africa Innovation Challenge 2.0 at the 28th World Economic Forum on Africa in Cape Town.

The winning teams will get share of $300 000 prize pool, along with extensive mentoring and network building to support the expansion and sustainability of the companies and their programmes.

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2 new unicorns, over $550 million in funding, in Bay Area at end of week – Silicon Valley Business Journal

Two more Bay Area companies hit unicorn valuations of $1 billion or more at the end of the week as part of more than $550 million in funding that was disclosed in the region. Here’s more on that and other venture news.

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What if aging weren’t inevitable, but a curable disease? – MIT Technology Review

Each Cyclops had a single eye because, legend has it, the mythical giants traded the other one with the god Hades in return for the ability to see into the future. But Hades tricked them: the only vision the Cyclopes were shown was the day they would die. They carried this knowledge through their lives as a burden—the unending torture of being forewarned and yet having no ability to do anything about it.

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10 Takeover Targets to Watch This Fall

Viewed simply by dollar value, the value of mergers-and-acquisitions (M&A) activity appeared to be zooming in the first half of this year: Statistics compiled for GEN by Informa Pharma Intelligence’s Medtrack and Strategic Transactions services showed a total $184.05 billion worth of deals for which values were disclosed, up nearly 38% from the $133.73 billion recorded for January–June 2018.

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The Link Between Drug Prices and Research on the Next Generation of Cures | ITIF

Congress and the Trump administration are considering proposals to reduce the price of drugs, but there is a strong causal link between current drug prices and revenues on one hand and future drug research and treatments on the other. Policymakers should keep in mind this trade-off between short-term affordability and long-term innovation: Reducing drug revenues today will lead to a decline in future R&D and a decrease in the number of new drug discoveries.

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369th Edition – September 4, 2019

By BHI Weekly Newsletter Archives




BioHealth Innovation


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September 4, 2019












FOUNDING MEMBER OF



MedImmune spinout Viela Bio files for IPO on Nasdaq – Washington Business Journal

The company hasn’t yet disclosed its share price or date for an initial public offering.

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Emergent BioSolutions Awarded 10-Year HHS Contract to Deliver ACAM2000®, (Smallpox (Vaccinia) Vaccine, Live) Into the Strategic National Stockpile NYSE:EBS

In support of the U.S. government’s policy to maintain a stockpile to be able to protect every American from smallpox, Emergent BioSolutions Inc. (NYSE: EBS) today announced a contract award by the Office of the Assistant Secretary for Preparedness and Response (ASPR) in the U.S. Department of Health and Human Services (HHS) valued at approximately $2 billion over 10 years for the continued supply of ACAM2000®, (Smallpox (Vaccinia) Vaccine, Live) into the U.S. Strategic National Stockpile (SNS). The actual number of ACAM2000 doses to be procured is dependent on certain timing and tiered-pricing terms that are subject to the discretion of ASPR. ACAM2000 vaccine is the only vaccine licensed by the

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NIH Awards Sonavex, Inc. $3 Million Grant to Pursue New Vascular Surgery Applications for EchoMark® & EchoSure®

Sonavex, Inc., a privately held medical device company focused on empowered patient care, announced that it received a $3 million Phase IIB Small Business Innovation Research (SBIR) grant from the National Institutes of Health to use its EchoMark & EchoSure devices to support arteriovenous (AV) fistula maturation and long-term viability. The award provides capital for prospective clinical studies and continued research and development efforts.

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Vaccitech Appoints Bill Enright as New Chief Executive Officer

Vaccitech, a clinical-stage T cell immunotherapy company developing products to treat and prevent cancer and infectious diseases (ID), announced today that it has appointed Bill Enright as its new Chief Executive Officer (CEO). Mr. Enright succeeds Tom Evans, MD who will make a planned transition to the role of Vaccitech’s Chief Scientific Officer.

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FDA gives fast track status to AstraZeneca’s diabetes drug Farxiga

AstraZeneca Plc said on Tuesday that the U.S. Food and Drug Administration has granted fast track status for the development of its diabetes drug Farxiga to prevent heart and kidney failure in patients with chronic kidney disease (CKD).

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Fulton Bank launches life sciences and technology division – Baltimore Business Journal

Access to capital is often considered primary challenge preventing Maryland from being the top-ranked state for biotech.

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Children’s National Health System-HSC Health Care System merger gets regulatory approval – Washington Business Journal

The agreement is intended to create a system for children with rare and complex health conditions.

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TEDCO’s Maryland Innovation Initiative is leading innovation to market!

Good job Arti Santhanam, John Gustin and Silvia Goncalves!

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Viela Bio Announces U.S. FDA Accepts for Review Inebilizumab Biologics License Application for Neuromyelitis Optica Spectrum Disorder | Business Wire

Viela Bio today announced that the U.S. Food and Drug Administration (FDA) has accepted for review its Biologics License Application (BLA) for inebilizumab, an investigational anti-CD19 monoclonal antibody, for the treatment of patients with neuromyelitis optica spectrum disorder (NMOSD) — a rare autoimmune disease characterized by unpredictable attacks that often lead to severe, irreparable disability including blindness and paralysis.

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The Art of the #SBIR/ #STTR Deal – TEDCO’s Entrepreneur Expo – October 29,2019

Oct 29: The Art of the #SBIR/ #STTR Deal: Best Practices in Improving Your Proposal with Olessia Smotrova, CF.APMP Fellow, Richard Bendis, Brittany Sickler, and Brandon Mason (https://expo.tedco.md)

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Maryland Industrial Partnerships funds available | Business | times-news.com

The Maryland Industrial Partnerships program and the Maryland Technology Development Corp. will jointly host a free briefing about how faculty and local businesses can participate in funding programs at Frostburg State University on Sept. 11 at 2 p.m. in the Harold J. Cordts Physical Education Center Hall of Fame Room.

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NSF Awards $1M Grant to UMD Researchers | Fischell Institute for Biomedical Devices

A University of Maryland (UMD) team has been awarded a $1 million grant by the National Science Foundation’s Integrative Strategies for Understanding Neural and Cognitive Systems (NCS) program to investigate the complex effects of intestinal serotonin on both gut and brain health. The project, “Developing engineering solutions to investigate microbiome-to-neuron communication,” aims to provide a more realistic picture of the complex gut-microbiome-brain axis system (GMBA).

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Healthcare startup Gemstone Biotherapeutics gets Maryland Momentum Fund investment – Technical.ly Baltimore

Baltimore-based Gemstone Therapeutics has received $250,000 in a new investment from the Maryland Momentum Fund.

The investment from the fund, which was created by the University System of Maryland to support startups created by students, faculty, alums and other affiliates, is part of a new funding round for Gemstone, according to the fund.

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Congrats to Nick Culbertson of Protenus, a BHI portfolio company, and all the other honorees – Baltimore Business Journal

These are the Baltimore Business Journal’s 2019 40 Under 40 honorees

This group of young professionals was chosen from a pool of nearly 500 nominations.

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Meet with $3.5 Billion in Innovation Funding – Register Today for the SBIR/STTR Program

OCTOBER 8-10, 2019 | NATIONAL HARBOR, MD

DELIVERING INNOVATION ACCELERATING COMMERCIALIZATION

Join leadership from America’s seed fund, representing over $3.5B of early-state, high-risk technology funding for small business.

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Johns Hopkins is launching an accelerator for student startups – Technical.ly Baltimore

As students are returning for the semester at Johns Hopkins University, a new accelerator is launching for those who are forming new ventures.

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These Female Executives Set the Standard of Excellence in the Biohealth Capital Region · BioBuzz

Liftstream, a U.K.-based executive recruiting firm, released an oft referenced report called “A Public Reality for Women in Biotech Boardrooms” in 2016. Lifstream’s research found that only 7 to 9 percent of biotech CEOs were women, less than 11 percent of board seats were held by females and 98 percent of board chair positions were held by men. The report surveyed 177 publicly-listed biotechs that went through the IPO process from 2012 to 2015.

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4 Reasons to Attend Nation’s Leading Pediatric Innovation Symposium – MedCity News

For the third consecutive year, Children’s National Health System is co-locating its annual Symposium with The MedTech Conference, powered by AdvaMed. If you are interested in advancing innovation in pediatrics and exploring solutions to the challenges associated with device trials, we hope that you will join key industry stakeholders at the 7th Annual Pediatric Device Innovation Symposium on Sept. 22 in Boston, one day before The MedTech Conference.

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Why Greater Boston’s life sciences cluster consistently ranks No. 1 – Boston Business Journal

In the past several years, Greater Boston has cemented itself as the global epicenter of life sciences research. According to JLL’s Life Sciences Outlook report, the region consistently ranks in the top tier of U.S. life sciences clusters, with only San Francisco as its main adversary.

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Mix In The District – JLABS @ Washington DC

Calling all entrepreneurs and Innovators in the DMV area… Have you heard? JLABS @ Washington DC is coming to the District! In anticipation of our upcoming launch we are hosting a community mixer. This is a wonderful opportunity for those looking to expand your network, connect with other entrepreneurs, VCs, academics and industry leaders. You’ll get an chance to meet the local JLABS Team, learn about future programming and how to become a resident.

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7 key quotes about hospital innovation

Here are seven pieces of wisdom and advice about the role of innovation in healthcare that executives from hospitals and health systems across the country shared with Becker’s Hospital Review in August:

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Scott Frederick, former NEA exec, heads to Sands Capital – Washington Business Journal

The move comes as Sands continues to expand its investing approach.

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Taiho Pharmaceutical Invests in New Venture Capital Fund

Taiho Pharmaceutical Co., Ltd. (HQ: Tokyo, President and Representative Director: Masayuki Kobayashi) announced on August 29 that the company has entered into an agreement to invest up to US$30 million in Remiges Biopharma Fund II, LP a biopharma venture capital fund formed by Remiges Ventures, Inc. Taiho Pharmaceutical invested the same amount in the Remiges BioPharma Fund I established in 2014.

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Atlas Research Releases Yearly Health Care Innovation Impact Report | WashingtonExec

Atlas Research released its “Impact Through Innovation” report highlighting how it has helped government improve health care and address urgent health challenges through new technology, agile innovation and evidence-based solutions.

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SBIR Road Tour 2019 Tickets, Fri, Sep 20, 2019 at 8:00 AM

America’s Seed Fund (the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs) annually provides approximately over $3 billion in non-dilutive early-stage technology funding. The SBIR Road Tour is an opportunity for tech innovators, entrepreneurs, and researchers to learn how to access this funding, meet one-on-one with decision makers, and connect with local state innovation ecosystem members. This one-day event will provide attendees, including women and minority entrepreneurs, the opportunity to engage with representatives from various SBIR/STTR agencies.

If you’re an innovator, entrepreneur, researcher, or small technology firm, don’t miss this opportunity!

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Why Charities Are Launching For-Profit Businesses

Kenton Lee was traveling through Nairobi when he had, as he says jokingly, “the only idea I’ve ever had.” He saw an orphan girl’s shoes that were way too small; someone had cut off the front so her toes could stick through. “Right there, I thought, Wouldn’t it be nice if there were shoes that could grow?” Then he went home to Boise, Idaho, developed a shoe that expands five sizes, and founded the nonprofit Because International — which today, 12 years later, has distributed more than 250,000 pairs worldwide.

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Congratulations to Executive Director of Research and Innovation Pothik Chatterjee who was recently recognized as one of the Baltimore Business Journal’s 40 Under 40!

This group of young professionals was chosen from a pool of nearly 500 nominations.

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Johns Hopkins Ranked 24th Best University in the World

This year’s QS World University Ranking results have been released, and Johns Hopkins University earned spots as the 12th best in the United States and 24th overall in the world.

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368th Edition – August 27, 2019

By BHI Weekly Newsletter Archives




BioHealth Innovation


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August 27, 2019












FOUNDING MEMBER OF



BHI Immediate Job Opening: Analyst

BHI is looking to add to our team! We have a new opening for an Analyst. Our analysts assist in the evaluation of early-stage technologies and provide strategic planning and operational support for start-up companies. They support the BHI organization by strategically managing and providing information, intelligence and insights that drive critical business decisions. For details on this exciting role and information on how to apply click here.

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BioHealth Innovation would like to welcome John Newby, the new CEO of VirginiaBio

BHI is looking forward to working and partnering with you. We also want to thank his predecessor, Jeff Gallagher, for his 7 years of service. Thank you for your work to help build the BioHealth Capital Region and its efforts to become the Top 3 by 2023.

You can follow along with VirginiaBio at:
Http://www.vabio.org
Twitter.com/vabio
https://www.linkedin.com/company/virginia-biotechnology-association/

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The big trends in pediatric healthcare innovation from Children’s National Health System’s Dr. Kolaleh Eskandanian

Kolaleh Eskandanian, PhD, is the vice president and chief innovation officer of Children’s National Health System in Washington, D.C.

Here, Dr. Eskandanian outlines the big cybersecurity challenges and how she expects her role as the chief innovation officer at Children’s National to evolve over the next few years.

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New Campaign Focuses on Fighting Superbugs

Leading scientists, public policy experts, and biotech industry leaders joined forces today to launch “Working to Fight AMR,” a coalition working to raise public awareness of the growing threat posed by antimicrobial resistance. Working to Fight AMR will also advocate for policies that catalyze the creation of new medicines.

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Protenus raises $17M in Series C funding round – Technical.ly Baltimore

Healthcare analytics compliance company Protenus raised $17 million in new funding, its leadership announced this week.

The Series C round was led by LTP, which focuses on investments in health IT and services companies. Also participating in the round were Kaiser Permanente Ventures, F-Prime Capital, Arthur Ventures, Lionbird and Providence Ventures.

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Aperiomics closes Series A round led by VentureSouth – Washington Business Journal

This round nearly doubles the Sterling company’s funding raised to date.

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REGENXBIO Announces New License Agreement with Pfizer for the Treatment of Friedreich’s Ataxia Using NAV® AAV9 Vector

REGENXBIO Inc. (RGNX), a leading clinical-stage biotechnology company seeking to improve lives through the curative potential of gene therapy based on its proprietary NAV Technology Platform, today announced it entered into a license agreement with Pfizer Inc.

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Kite’s CAR-T manufacturing gets another boost with new Maryland facility

With an FDA approval for its pricey CAR-T therapy Yescarta under its belt and more treatments in the pipeline, Gilead’s Kite Pharma was on the hunt for a new manufacturing site to fuel those hopes. The company found it in Maryland.

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This Maryland nonprofit created 3 mobile labs from old shipping containers – Technical.ly Baltimore

Shipping containers are continuing to prove their worth outside of transportation. From serving as a community-connecting space to an urban farm, one organization is now bringing them into education as mobile laboratories.

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Frederick stem cell firm RoosterBio raising $22 million in funding – Baltimore Business Journal

The company plans to double its employee count in the next two years.

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NIH Awards $940K to Johns Hopkins-Led Team for Extracellular Vesicle Research | GenomeWeb

The National Institutes of Health’s National Cancer Institute has awarded an international group led by Johns Hopkins University researchers a $940,000 grant to study extracellular vesicles (EVs) that can be used to diagnose disease, track disease status, and potentially deliver therapies.

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National Leaders in the Life Science Industry – under one roof. Healing the world. We welcome you to join us -Women Building Bio 2019

REGISTER NOW FOR OUR GREATLY ANTICIPATED 4TH ANNUAL REGIONAL CONFERENCE SEPTEMBER 19, 2019

Inova Center for Personalized Health, Fairfax You’re invited to spend the day with innovative entrepreneurs, professionals and industry leaders. Discover opportunities to help you navigate through a rapidly evolving modern industry & gain access to cutting edge technologies and tools.

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Innovation Districts, Part 2: Interview with Brian Darmody, CEO of the Association of University Research Parks – Information and thought leadership on this dynamic market!

This article is the second in a 4-part series. Part 1 offered background on innovation districts—what they are, where they’re located, how colleges and universities relate, how P3s relate, etc. Part 3 will look at why schools might want to and might not want to consider pursuing an innovation district. Part 4 will feature an interview with Dr. Jane Talkington, scholar of innovation districts for higher ed.

What is the difference between research parks and innovation districts?

Darmody: The terms are somewhat interchangeable, but essentially, innovation districts generally are more urban in nature with mixed-use amenities, whereas traditional research parks grew up around universities and are in rural, suburban, and urban areas, such as Boston and Austin, but also Lincoln, Nebraska, and Champaign, Illinois. When it comes down to it, though, they share a base concept: Schools and other anchor institutions are trying to build space-placed entities, and corporations come to the university for things like talent.

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Maryland Tops List of States Where People Treat Themselves the Most

Treat yourself is a movement among millennials. But it’s something that literally any age group can enjoy. These days with so much negative news, Americans are proactively looking for moments of happiness to boost their moods.

Whether you’re getting a mani-pedi, playing your favorite mobile games, lounging at the pool, or visiting your favorite restaurant, there’s positive health benefits associated with giving yourself a bit of “me time.”

The mobile gaming experts at Fort Mason Games— the female run mobile gaming company that creates games designed to help people relax, destress, and socialize— know how important it is to do something nice for yourself once in a while.

That’s why they commissioned a national survey to find out what Americans think about these occasional respites from routine. Mobile gaming is just one of the ways people choose to treat themselves regularly, taking time to do something special just for themselves!

Here’s some of the ways Americans treat themselves:

WASHINGTON, COLORADO, MARYLAND ARE THE TOP 3 INDULGING STATES. With 93% of Washingtonians (the state, not the district) saying they treat themselves the most, it tops the list– though Colorado (91%) and Maryland (90%) are hot on their heels.

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IBBR Request for Proposals (RFP): GMP Biomanufacturing Facility Available – Rockville, Maryland, USA | Institute for Bioscience and Biotechnology Research

The Institute for Bioscience and Biotechnology Research (IBBR) is interested in proposals to lease a biomanufacturing facility configured to produce biologicals under cGMP conditions in compliance with FDA requirements for phase I/II clinical trials. The facility is also equipped to perform process development research, pre-clinical manufacturing for material necessary to conduct IND-enabling toxicology studies, Proof of Concept (POC) studies, and process demonstration in advance of Good Manufacturing Practices (GMP) manufacturing. IBBR is a joint research enterprise between the University of Maryland and the National Institute of Standards and Technology.

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Hopkins Spinout Graybug Vision Secures $80 million of Additional Funding to Advance its Potentially Transformative Retina and Glaucoma Clinical Programs – Graybug Vision

Graybug Vision, Inc., a clinical stage pharmaceutical company developing potentially transformative long-acting therapies for ocular diseases including wet age-related macular degeneration (wet AMD), diabetic macular edema (DME), retinal vein occlusion (RVO), and primary open angle glaucoma (POAG), today announced the securing of an $80 million Series C financing.

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Virginia Beach entrepreneur program selects two new startups – The Virginian-Pilot

A legal services company and a network analytics firm have been selected as the two latest participants in the Virginia Beach Entrepreneur-in-Residence program, economic development officials announced Aug. 5.

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What the Top 10 Biopharma CEOs Are Making

The record-high surge of initial public offerings (IPOs) in biopharma last year was especially good news for CEOs of many of those newly public companies.

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New Mayo Clinic Building To House Life-Saving Lung Transplant Technology, Innovation Hub | WJCT NEWS

Thursday marks the grand opening of Mayo Clinic’s new Discovery and Innovation Building, home to a pioneering technology that will increase the number of lungs available for transplant as well as a new hub for Northeast Florida’s entrepreneurs to get together, share ideas, develop new products and services, and create new companies.

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Precision medicine: 5 things you need to know

The future of healthcare is precision medicine—with the potential to revolutionise healthcare and move from a one-size-fits-all approach to an individualised one, precision medicine is viewed as an emblem of a new age.

LSIPR has discovered the top things you must consider when looking to protect your inventions in the US and/or Europe, plus one issue which matters wherever you are in the world.

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University of Maryland leases space from JBG near Amazon’s HQ2 – Washington Business Journal

Maryland’s flagship university hopes to forge ties with HQ2.

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367th Edition – August 20, 2019

By BHI Weekly Newsletter Archives




BioHealth Innovation


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August 20, 2019












FOUNDING MEMBER OF



Emergent BioSolutions’ New President and CEO, Bob Kramer, joins Rich Bendis on BioTalk

Bob Kramer joins BioTalk to discuss his history with Emergent, his vision for the company, and Emergent’s commitment to the BioHealth Capital Region. Mr. Kramer serves as president and CEO and as a member of the Board of Directors. He was appointed as CEO and as director effective April 2019 and has served as president since March 2018. Mr. Kramer also served as chief operating officer from March 2018 to March 2019. Prior to this, Mr. Kramer served as executive vice president and chief financial officer from September 2012. Mr. Kramer first joined Emergent in 1999 as its CFO. From 1999 until his retirement in 2010, he held various executive positions with the last being president of Emergent Biodefense Operations Lansing. Mr. Kramer returned to the company in 2011 as the interim head of the biosciences division, and then as interim executive vice president, corporate services division. Prior to joining Emergent in 1999, Mr. Kramer held various financial management positions at Pharmacia Corporation, which subsequently merged with the Upjohn Company in 1995 and eventually became part of Pfizer Inc. Mr. Kramer serves on the board of the U.S. Chamber of Commerce. Mr. Kramer received an M.B.A. from Western Kentucky University and a B.S. in industrial management from Clemson University.

iTunes (https://apple.co/2P2fYfO), Google (http://bit.ly/2KKg47H), and TuneIn (http://bit.ly/2LPtYab).

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Floreo just raised millions to help children with autism through VR – Washington Business Journal

Floreo started raising capital earlier this year to get its product in the hands of more users.

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Johns Hopkins scientists raise $137M megaround for a trio of spinouts looking to tackle Alzheimer’s, Parkinson’s and fibrosis – Endpoints News

A US/Ko re an hy brid biotech run by a group of sci en tists out of Johns Hop kins just scored a megaround of $137.1 mil lion, with plans to ad vance a slate of ex per i men tal drugs held at its 3 sub sidiary op er a tions.

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IBBR Collaborates with Integrated BioTherapeutics to Advance a Novel Approach to Treating Infectious Disease

Institute for Bioscience and Biotechnology Research (IBBR) Fellow Dr. Daniel Nelson (Associate Professor, Department of Veterinary Medicine, University of Maryland, College Park) is working on an innovative approach to treating bacterial disease in collaboration with Dr. Rajan Adhikari, Assistant Director of Bacteriology at Integrated BioTherapeutics (IBT), and George Mason University’s Dr. Ramin Hakami (Associate Professor, School of Systems Biology and National Center for Biodefense and Infectious Diseases). The group recently received a $3M Phase II STTR award from the National Institutes of Health that will fund advancement of their novel immunotherapeutic into non-human primates, as well as optimization of a cell line for biomanufacturing the drug.

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George Washington University, Barings strike 8-figure deal for Giapreza – Washington Business Journal

George Washington University just sold a portion of its royalty rights for a drug developed in its school of medicine, scoring a game-changing cash infusion it plans to reinvest in research and commercialization.

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Three Richmond-area startups join forces to improve health care

Three health care-related startups based in the Richmond area have merged their operations with the goal of providing better preventative and personalized medical diagnostics.

The merger brings together Salveo Diagnostics, ImmunArray and Nudge, in what leaders of the three businesses describe as a combination “greater than the sum of its parts.”

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Virginia Bio Names John Newby CEO | Business Wire

Virginia Bio, the statewide non-profit trade association for the life science industry, today announces that John L. Newby II is named CEO, effective August 5, 2019.

Tweet this Newby will be leaving his current role as the Commissioner of the Virginia Department of Veterans Services (VDVS), where he leads an 850-member Agency located across 50 Virginia locations, delivering employment, education, benefits, behavioral health and long term health care services to Virginia’s Reservists, Guardsmen, transitioning service members and 725,000 veterans.

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The Future Of Life Science And Tech Innovation Is In Clusters

With technological advancement occurring at an increasingly breakneck pace, it’s natural the number of life science and technology innovation clusters is growing as well. These clusters result from the increasing recognition that innovators do not perform at their best in widely dispersed buildings. Instead, they gain most from highly specialized facilities and collaborative ecosystems that foster cross-fertilization of ideas.

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Children’s National Extends Deadline for $150K NICU Pitch Competition

Innovators and startup companies with devices designed to improve neonatal or NICU care now have a one-week extension until Aug. 19, 2019 to apply for the $150K “Make Your Medical Device Pitch for Kids!” competition funded by the National Capital Consortium for Pediatric Device Innovation (NCC-PDI).

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Johns Hopkins, United Therapeutics launch postdoctoral fellowship in computational medicine | Hub

Johns Hopkins University and biotech company United Therapeutics Corporation have teamed up to create a new postdoctoral fellowship in the emerging field of computational medicine.

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TEDCO elects four new board execs amid internal reorganization – Baltimore Business Journal

The state-backed tech group is also in the midst of finding a new CEO to replace George Davis, who left in July.

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Special Invitation from Kinexum to Targeting Metabesity 2019 in October in Washington, DC

Targeting Metabesity 2019, co-chaired by Kinexum Executive Chairman Zan Fleming and Stanford Professor Larry Steinman (a co-discoverer of Tysabri), will take place October 15-16, 2019, at the Carnegie Institution for Science in Washington, DC, see https://www.linkedin.com/pulse/targeting-metabesity-2019-thomas-seoh/.

Emerging science over the past couple decades suggests that many chronic diseases of aging (including diabetes, obesity, cardiovascular and neurodegenerative diseases, cancer and the aging process itself) have common metabolic roots, and thus may be susceptible to common solutions. We believe we are at a similar stage to the cusp of the moonshot, or the human genome project, where the science is accumulating, but alignment of policy and socioeconomic factors may be needed, in order to enable and facilitate the translation of such science into material, accessible gains in public health.

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The ‘Dragon’ Targets U.S. Biopharma Lead

Perhaps the report on China’s strategy for eclipsing the U.S. lead in biopharma from the Information Technology & Innovation Foundation (ITIF) resonated so strongly with me because of several articles in The Wall Street Journal. Taken together, they present a sobering picture of what we’re up against.

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Opportunity Zones: An EDA Priority

EDA is encouraging its economic development partners to think of Opportunity Zone investment as a new arrow in their quiver to not only enhance ROI for business interests, but also to encourage the public/private partnerships needed to drive private investment to distressed areas.

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Top 10 Companies Leveraging Gene Editing in 2019

Bayer made much of its desire to establish a cell therapy pipeline on August 8 when it announced it would shell out up to $600 million to acquire full control of BlueRock Therapeutics. But the deal is just the latest example of growing interest by biopharma giants in applying gene editing toward new treatments.

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Lilly Launches Innovation Challenge to Transform IBD Care Through Digital Health –

Eli Lilly and Company (NYSE: LLY) is launching an open innovation challenge to encourage individuals and teams across the U.S. to identify and submit pioneering digital health solutions aimed at transforming inflammatory bowel disease (IBD) care. The challenge, “Transforming IBD Care: Better disease monitoring, management, and care for people with inflammatory bowel disease” focuses on innovation in IBD monitoring, condition management or care enhancements.

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Venture capital investment in AI and mental health startups surges in Q2: report | FierceHealthcare

Investment in healthcare artificial intelligence startups and companies focused on mental health and wellness soared in the second quarter as both sectors hit funding highs, according to a new report.

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Multiple Interferons, Including IFNB1, May Play a Role in SLE – The Rheumatologist

Through gene analysis, researchers have found different types of interferons in systemic lupus erythematosus (SLE) tissues and cells, such as skin and synovium. The analysis, which probed 2,000 gene expression datasets from SLE patients, specifically investigated modules of genes derived from the downstream interferon gene signature. It found enriched downstream interferon signatures that were predominately from IFNB1. These interferon signatures were higher when compared with the expression of downstream interferon signatures in kidneys with lupus nephritis, according to the study, published April 23 in Nature Communications Biology.1

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366th Edition – August 13, 2019

By BHI Weekly Newsletter Archives




BioHealth Innovation


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August 13, 2019












FOUNDING MEMBER OF



BioHealth Innovation’s Entrepreneur-In-Residence, Dr. Ethel Rubin, joins Rich Bendis on BioTalk to discuss her career, joining BHI, and her work with the NIH

For the first time, a BioTalk look inside BioHealth Innovation, Inc. (BHI) with Entrepreneur-In-Residence (EIR) Dr. Ethel Rubin

Dr. Ethel Rubin leads a venture team that helps prepare and connect lifescience companies with capital, ensuring strategies that hit valuation inflection points, achieve strategic goals, and prepare for a product launch. She has previously held corporate leadership roles in global clinical strategy and medical affairs at Medtronic, plc, was Chief Scientific Officer of BioFortis, Inc. (acquired by Quintiles-Quest JV) and CSA Medical, Inc., is President of life sciences business development advisory firm Innovative BioStrategies, LLC, and a venture partner at various funds. She has over 25 products in the marketplace garnering 9 figure sales revenue, was instrumental in multiple M&As, partnerships & collaborations, and advises hundreds of CEOs in preparation for seed to series B financing each year. Ethel has held board seats at tech incubators and numerous business and clinical Advisory boards.  Dr. Rubin earned a Ph.D. in Biochemistry and Biophysics from the University of Rochester School of Medicine & Dentistry and a certificate in corporate governance for Board of Directors service from The George Washington University School of Business.

Listen now on iTunes (https://apple.co/318CzZv), Google (http://bit.ly/30WiQfg), and TuneIn (http://bit.ly/2LPtYab).

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From Dimitri Gagianas Dimitri Gagianas, Analyst Intern at BioHealth Innovation, Inc.

Thank you to BioHealth Innovation, Inc. for this incredible experience. I learned so much from these brilliant minds, and look forward to an ongoing relationship.

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Save the Date: BioHealth Capital Region Investment Conference October 15 + 16

By invitation only: For questions email BHI@BioHealthInnovation.org

Gaithersburg, MD

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RoosterBio Raises $15M in Initial Series B Round – FinSMEs

RoosterBio, Inc., a Frederick, MD-based human mesenchymal stem/stromal cell (hMSC) biomanufacturing company, raised in excess of $15m in an initial Series B financing.

The round was led by Dynamk Capital, with participation from existing and new investors. The Series B final round is expected to close with additional investors by the end of August, totaling approximately $22m raised.

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A new report found Maryland has the fastest internet in the U.S. – Technical.ly Baltimore

This just in: Maryland’s internet is the least likely to cut out right at the juicy scene in ‘The Bachelor’. According to web service provider assessment group Highspeedinternet.com, Maryland has the fastest internet speed in the country.

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Phase II or PhaseIIB awardees: SBIR/STTR Commercialization Readiness Pilot (CRP) Program

Applications Due September 5

The Commercialization Readiness Pilot (CRP) Program is now open and accepting applications for the September 5th NIH SBIR/STTR receipt date. NHLBI will accept applications via PAR-19-333, PAR-19-334, and PAR-19-335 from small businesses that have had an active NHLBI SBIR or STTR Phase II or Phase IIB award within the last 36 months.

This opportunity provides up to $300,000 (PAR-19-334) or $500,000 (PAR-19-333, PAR-19-335) to support technical assistance and later stage research and development (R&D) not typically supported through Phase II or Phase IIB grants or contracts including:

  • Independent replication of key studies
  • Investigational New Drug (IND)-enabling studies
  • Clinical studies, manufacturing costs
  • Regulatory assistance

Contact NHLBI Small Business Program Coordinator Mike Pieck (NHLBI_SBIR@mail.nih.gov) with questions.

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The United States Of Venture Capital: The Most Active VC In Each State – 2019

Our map shows the top VC investing in tech companies in each state, from 500 Startups in California to Lerer Hippeau in New York.

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Orthopedic Technology Innovation For Kids – Covering the specialized field of orthopedic product development and manufacturing

While medical device innovation is quite active—at the university level, within incubators, and even in the R&D labs of established firms—there is a substantial lack of products being developed for younger patients. Since pediatric devices have a limited patient base due to most children being relatively healthy (of course, a positive factor), it’s not a focus for a great number of companies as it does not offer the promise of a substantial financial return.

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Understanding Baltimore’s Pre-Seed Funding Gap – Baltimore’s Entrepreneurial Ecosystem – Medium

Everyone knows how important funding is for starting a venture, whether you are building a small business or high-growth tech startup. The capital needs of a venture change along with the venture’s stage — early-stage ventures might need help with product development costs, while established companies may need funding to expand to a new location or market segment.

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Open House August 22nd For Fall 2019 Technology Transfer Courses at FAES Graduate School at NIH

On Thursday, August 22nd from 4-6:00 pm there will be an open house for the fall courses in the “Advanced Studies in Technology Transfer” program at the Foundation for Advanced Education in the Sciences (FAES) Graduate School at NIH in the FAES Academic Center in NIH Building 10 in Bethesda, MD. For the semester beginning on Monday, September 9th there will be 9 courses available for the program given in either Rockville or Bethesda:

  • TECH 495 – The FDA, Science, Health Policy and Regulation in an Uncertain Environment
  • TECH 513A – Introduction to Technology Transfer – Issues & Processes
  • TECH 521 – Tools for Technology Transfer Managers–Handling Intellectual Property, Collaborations, and Agreements
  • TECH 565 – Biomedical Business Development for Scientists
  • TECH 567 — International Strategic Partnering and Business Development
  • TECH 575 – Accounting and IP Valuation for Non-Accountants
  • TECH 583 — Patent Research for Non-Legal Practitioners
  • TECH 588 – FDA Regulatory Strategy in Medical Product Development
  • TECH 607 – Capstone Course in Technology Transfer
  • PHAR 328 – FDA Perspective on Drug Development

More details can be found in the new 2019-20 course catalog (www.faes.org) with online registration for classes available. The Advanced Studies in Technology Transfer is an open enrollment program with class credits transferable into various graduate degree programs at the University of Maryland University College (UMUC) Graduate School and the University of Maryland Baltimore County (UMBC).

Technology Transfer Scholarships

FAES offers a limited number of partial tuition-remission scholarships for self-funding students. For deadlines and details on how to apply visit https://faes.org/tuition-and-funding .

Also as Department Chair, I’m happy to assist with any questions you might have about the program or individual courses.

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VitusVet gets investment from Nationwide Insurance – Technical.ly Baltimore

Canton-based VitusVet, which built a health IT platform for vets, received investment from Nationwide Insurance as the company’s team continues to grow.

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Facility Logix Welcomes Two New Associate Project Managers to Bolster Project Teams – Facility Logix

Facility Logix, a leading life science consulting firm, has hired two new Associate Project Managers: Jocaro L. Dodd and Wayne Mitchell. The new Associate Project Managers will be instrumental in addressing the facility-related needs of the firm’s Owner’s Representation and Project Management clients.

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How Biotech Startup Funding Will Change in the Next 10 Years

Back when YC was getting started about 10 years ago, Paul Graham wrote some essays that predicted the way startup fundraising would change in the next decade – accurately, it turns out. Paul Graham predicted that there would be way more startups, that they’d be cheaper to start, that new kinds of investors would fund them, that founders would be more technical, and that founders would keep control of their companies. All of those seem to have come true.

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The AngelMD Thesis to Investing in Therapeutic Startups

Rising drug prices and ever-increasing costs are two of the most debated subjects in healthcare. The Centers for Medicare and Medicaid Services (CMS) predicts (PDF link) that we will see 6.1 percent annual prescription drug cost increases until at least 2027. CMS expects healthcare spending as a whole to grow by 5.7 percent per year for the same timeframe.

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Two New Ebola Treatments Prove Highly Effective in Congo Epidemic – The New York Times

The therapies saved roughly 90 percent of the patients who received them early in the course of infection. Doctors hope patients will seek out the cures, ending the outbreak.

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Scientists Successfully Turn Breast Cancer Cells Into Fat to Stop Them From Spreading

Researchers have been able to coax human breast cancer cells to turn into fat cells in a new proof-of-concept study in mice.

To achieve this feat, the team exploited a weird pathway that metastasising cancer cells have; their results are just a first step, but it’s a truly promising approach.

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Bayer to Acquire BlueRock Therapeutics for Up-to-$600M, with Cell Therapy Pipeline in Mind

Bayer said today it has agreed to acquire BlueRock Therapeutics for up to $600 million in a deal designed to catapult the buyer into leadership in cell therapies, nearly three years after joining with healthcare investment firm Versant Ventures to launch the company.

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First-half healthcare investment and deal flow reach record highs – MedCity News

The amount of deals and dollars invested in healthcare is hitting near record highs for the first half of 2019 with $26.9 billion poured into healthcare companies over 2,258 deals around the world, according to CB Insights’ Global Healthcare Report.

That represents a slight uptick from the first half of 2018 where $26.5 billion was invested over 2,223 deals.

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Top 10 Young Companies in the Money, January–July 2019

The growing number of private biopharma and diagnostic/therapeutic technology company financings completed in recent months masks an overall year-over-year decrease in the total value of those deals.

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All Rights Reserved.



365th Edition – August 6, 2019

By BHI Weekly Newsletter Archives




BioHealth Innovation


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August 6, 2019












FOUNDING MEMBER OF



Emergent BioSolutions Announces Exercise by BARDA of the First Contract Option, Valued at $261 Million, to Procure Doses of AV7909 Anthrax Vaccine Candidate for the Strategic National Stockpile | Emergent BioSolutions Inc.

Emergent BioSolutions Inc. (NYSE:EBS) announced today that the Biomedical Advanced Research and Development Authority (BARDA) has exercised its first contract option valued at $261 million to procure doses of AV7909 (anthrax vaccine adsorbed with adjuvant) for delivery into the Strategic National Stockpile (SNS) over 12 months. This contract option was exercised under the company’s 2016 development and procurement contract with BARDA, valued at up to $1.5 billion, that includes a five-year base period of performance to develop AV7909 for post-exposure prophylaxis of anthrax disease and to deliver an initial three million doses to the SNS, as well as contract options for procurement of up to an additional 50 million doses. This exercise of the contract option through a modification is the first such option for procurement of doses to follow the initial deliveries of doses under the base contract.

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Anne Lindblad, President & CEO Emmes | CEO’s You Should Know | HOT 99.5

Anne Lindblad, PhD, joined Emmes in 1982 as a Biostatistician and currently serves as the President and CEO of the company. She has supported clinical research throughout her career, serving as Principal Investigator of projects spanning diverse disease areas, including neurology, ophthalmology, oncology, dialysis, transplantation, speech and hearing, and dentistry.

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Q & A with Brian Darmody–Growing a Maryland research business | The Business Monthly

What’s it like having two high-profile jobs at once? Ask Brian Darmody, who’s been serving the University of Maryland College Park (UMCP) since 1982 and long ago ascended to the position of associate vice president. Darmody recently accepted a new position as CEO with the Association of University Research Park (AURP), which will keep him in the local focus as he works toward retiring from UMCP at the end of 2019 – while continuing to work out of the Discovery District at UMCP and pursue new challenges.

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RegenxBio partners with Pfizer, Neurimmune in separate deals – Washington Business Journal

The gene therapy company has made three distinct moves over the past week that reinforce its intention to get products to market after a decade in business.

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Precision For Medicine Launches Biospecimen Solutions Offering With Acquisition Of ProMedDx And GLAS

Precision for Medicine, part of Precision Medicine Group, announced it has acquired leading biospecimen providers ProMedDx and GLAS, significantly expanding its capabilities and expertise in the biospecimen solutions space. With the acquisitions, Precision now offers an unmatched level of scientific understanding, high-quality specimen solutions, and global scale.

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Kite Pharma founder’s venture capital firm closes new $600M fund – MedCity News

A venture capital firm formed by a founder of one of the first companies to win Food and Drug Administration approval for a cell therapy for cancer closed a new fund worth more than half of $1 billion.

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Global VC Firm NEA Makes First-Ever Israeli MedTech Investment In Magenta Medical | News Brief

Magenta Medical, the heart failure solutions developer based on proprietary miniaturized blood pump technology announced they have raised funds Monday in a round led by global venture capital firm New Enterprise Associates (NEA.)

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University System of Maryland Names Claire Broido Johnson Managing Director of the Maryland Momentum Fund – University of Maryland, Baltimore

The University System of Maryland (USM) has named Claire Broido Johnson, MBA, as Managing Director of the Maryland Momentum Fund (MMF), a $10 million investment fund that supports early-stage companies affiliated with USM institutions. She joins the USM this week.

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gel-e Inc., announces Breakthrough Status Designation from the U.S. Food and Drug Administration (FDA) for its first internal-use flowable device

gel-e is developing a line of advanced hemostatic and wound treatment products that address unmet needs from the operating room to the backyard. Following previous clearances for topical and external use of its platform technology (see http://www.gel-e.co/news.html), the Company is now expanding its label to include use for internal and surgical applications. The first product, now on an accelerated path as a Breakthrough Device, is an expanding injectable hemostat, Life Foam™. Life Foam can rapidly provide temporary control of bleeding from non-compressible abdominal wounds that are not amenable to tourniquet application in trauma and battlefield conditions. As the tradename suggests, this product is designed to save the lives of those injured in battle, or that are the victims of traumatic accidents or even terrorist attacks.

Read More




Johns Hopkins University Wins Grant to Grow Regional Digital Health Resources and Companies

The U.S. Economic Development Administration awarded more than $600,000 to a division of Johns Hopkins University on Tuesday to increase economic development in the region’s digital health field.

Read More




VitusVet gets investment from Nationwide Insurance – Technical.ly Baltimore

Canton-based VitusVet, which built a health IT platform for vets, received investment from Nationwide Insurance as the company’s team continues to grow.

Read More




VCU Entrepreneurs Hit the Accelerator Trail to Get Their NICU Device to Market

Joshna Seelam is closing in on her target.

The VCU graduate student is one of three members of Kilo Medical Solutions, a Richmond medical device startup that’s getting ever closer to launch.

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4Business: Benchmarking to Be the Best for Business

County Executive Marc Elrich and Council Vice President Sidney Katz are embarking on a multi-pronged joint initiative: 4Business – Benchmarking to Be the Best for Business.

The objective is to engage the local business community in a grassroots campaign to assist businesses to locate, grow and prosper in Montgomery County.

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Montgomery County Economic Development Corporation – Maryland is excited to be attending Site Selectors Guild Fall Forum

Montgomery County Economic Development Corporation – Maryland is excited to be attending Site Selectors Guild Fall Forum this September 9-11th in Dallas! We’re looking forward to connecting with Guild members to tell them about all the great business assets Montgomery County has to offer! hashtag#SSG hashtag#econdev hashtag#siteselection hashtag#Dallas

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The Johns Hopkins Hospital Ranked #3 Nationally by U.S. News

The Johns Hopkins Hospital is once again ranked #3 in the nation out of more than 4,600 hospitals reviewed for U.S. News & World Report’s 2019–20 Best Hospitals list, which was released today.

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GSK and Pfizer officially merge healthcare businesses | WRAL TechWire

GlaxoSmithKline and Pfizer have finally closed on a multibillion-dollar merger that combined their consumer healthcare businesses, creating the world’s largest over-the-counter business.

The pharmaceutical giants — which own household names like Advil and Tums — announced the joint venture back in December 2018.

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Roche extends $4.3B Spark tender offer yet again. What are watchdogs so worried about? | FiercePharma

You might have lost count of how many times Roche has extended the tender offer period for shares of Spark Therapeutics. As of Wednesday, it’s five. And once again, regulatory delays are part of the problem.

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Maryland ranks #7 for identity theft rates in America.

Was your credit card unexpectedly rejected? Or have you spotted unfamiliar charges on your bank statement? These are just a couple signs of potential identity theft. (Source: Federal Trade Commission)

Once you realize your identity has been compromised, you need to act fast. But don’t panic; this guide will walk you through each step you need to take to be sure you recover as quickly as possible.

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Mayo to announce new med-accelerator partnership with Boston Scientific | MPR News

Mayo Clinic and medical device giant Boston Scientific are slated to announce a new med-tech accelerator Monday.

The collaboration will be located in One Discovery Square, a new building in Rochester adjacent to Mayo Clinic that’s meant to attract medical technology startups.

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Copyright © BioHealth Innovation 2017
All Rights Reserved.



364th Edition – July 30, 2019

By BHI Weekly Newsletter Archives




BioHealth Innovation


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July 30, 2019












FOUNDING MEMBER OF



MaxCyte Founder, President and CEO Doug Doerfler joins Rich Bendis on BioTalk

MaxCyte Founder, President and CEO Doug Doerfler joins BioTalk to discuss his history and the growth of the company. He also shares advice for entrepreneurs

Mr. Doerfler has more than 35 years of experience in the discovery, development, commercialization and international financing of biotechnology products and companies. He was a founder of MaxCyte in July 1998. Previously, Mr. Doerfler was President, CEO and a Director of Immunicon Corporation, a cell-based therapy and diagnostics company. He also held various executive positions with Life Technologies, Inc.(now Thermo Fisher Scientific). Mr. Doerfler plays an active role as a life sciences industry advocate, serving as Chair Emeritus of the MTC and on the executive committee of BIO.

Listen now on iTunes (https://apple.co/318CzZv), Google (http://bit.ly/30WiQfg), and TuneIn (http://bit.ly/2LPtYab).

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Children’s National 7th Annual Pediatric Device Innovation Symposium features $150K NICU pitch competition and explores clinical trial process

The Sheikh Zayed Institute for Pediatric Surgical Innovation at Children’s National Health System announces its 7th Annual Pediatric Device Innovation Symposium is slated for Sunday, Sept. 22 in Boston, Mass., featuring a $150K medical device competition focused on innovations for neonatal and NICU care. Following the theme “Pediatric Device Clinical Trials: Forging a Better Path,” this year’s symposium explores the pediatric device clinical trial process, including progress insights, current challenges and potential solutions.

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Emmes Honored for Workplace Excellence | Emmes

Emmes today announced that it has received a Workplace Excellence Seal of Approval from Alliance for Workplace Excellence (AWE). This is the fifth consecutive year the company has received the AWE Workplace Excellence award.

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gel-e Inc., announces Breakthrough Status Designation from the U.S. Food and Drug Administration (FDA) for its first internal-use flowable device

gel-e is developing a line of advanced hemostatic and wound treatment products that address unmet needs from the operating room to the backyard. Following previous clearances for topical and external use of its platform technology (see http://www.gel-e.co/news.html), the Company is now expanding its label to include use for internal and surgical applications. The first product, now on an accelerated path as a Breakthrough Device, is an expanding injectable hemostat, Life Foam™. Life Foam can rapidly provide temporary control of bleeding from non-compressible abdominal wounds that are not amenable to tourniquet application in trauma and battlefield conditions. As the tradename suggests, this product is designed to save the lives of those injured in battle, or that are the victims of traumatic accidents or even terrorist attacks.

Read More




BrainScope Surpasses Primary Endpoints in Multi-Year Department of Defense-Funded Validation Study for New Concussion Assessment Capability — BrainScope

BrainScope announced today that it has successfully completed a nearly five year, $9.9 million U.S. Department of Defense research contract supporting the development and validation of an objective marker of the presence and severity of concussion. In a large blinded validation study, the system demonstrated its ability to help clinicians assess concussion at the time of injury, reflect severity of injury, and aid in their assessment of readiness to return to activity. BrainScope extended the work performed under this Department of Defense contract to include adolescents funded through private investment from BrainScope and a second award from the NFL-GE Head Health Challenge I.

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George Mason University breast cancer treatment patent licensed by Targeted Pharmaceuticals | EurekAlert! Science News

A patent granted to George Mason University Research Foundation Inc., which describes a novel treatment method for pre-invasive breast cancer, has been exclusively licensed to Targeted Pharmaceuticals LLC, a clinical-stage biopharmaceutical company focused on utilizing cannabinoids for the treatment of oncology and central nervous system disorders.

Read More




Johns Hopkins University Wins Grant to Grow Regional Digital Health Resources and Companies

The U.S. Economic Development Administration awarded more than $600,000 to a division of Johns Hopkins University on Tuesday to increase economic development in the region’s digital health field.

Read More




MaxCyte Adds Vice President, Non-Clinical and Translational Studies, to Support Advancement of Programs from Its CARMA™ Platform

MaxCyte, the global clinical-stage cell-based therapies and life sciences company, announced today that it has appointed Dr. Dhana Chinnasamy, a 20+-year expert in the research and translation of gene and immunotherapies, as its Vice President, Non-Clinical and Translational Studies. In her new role, Dr. Chinnasamy will oversee all non-clinical and translational activities for MaxCyte’s CARMA platform working closely with the clinical, regulatory, manufacturing, and business development teams in support of MaxCyte’s clinical-stage therapeutic development.

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Biotech Startups On the Rise in Frederick, Maryland · BioBuzz

Frederick, Maryland continues to be a hotbed for biotech and a destination of choice for many new startups. The last few years have seen one-time startups like RoosterBio, Inc., BioFactura, Inc. and Akonni Biosystems thrive and grow within the Frederick life science support ecosystem.

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How to Build a Leadership Team that Attracts Venture Capital · BioBuzz

If you attended any of the events, conferences and panel discussions in the BioHealth Capital Region this year you probably would have picked up on a consistent theme. Whether it was at the ISPE Chesapeake Bay Area Chapter’s MAST Showcase, the BioHealth Capital Region Forum held at AstraZeneca in April or the more recent NCI Tech Transfer Showcase, talent and capital were hot button topics discussed intensely during the sessions, over lunch and while networking at each event.

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Some shifts in venture capital financing of biopharma companies appear underway

Venture capital fundraising this year by biopharma startups is on course to fall behind last year, though it will be above the figure for 2017. But the biggest story may be where that funding is going.

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AUTM – Egypt Tech Transfer Partnership and Information Exchange

AUTM – #Egypt tech transfer partnership and information exchange co-sponsored by the USDA continues this week with stops this week at #Maryland TEDCO and BioHealth Innovation, Inc. in the BioHealth Capital Region

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College of Science – George Mason University Patent with Applications to Breast Cancer Treatment Licensed by Targeted Pharmaceuticals, a Cannabinoid-Based Drug Discovery Company

A patent granted to George Mason University Research Foundation Inc., which describes a novel treatment method for pre-invasive breast cancer, has been exclusively licensed to Targeted Pharmaceuticals LLC, a clinical-stage biopharmaceutical company focused on utilizing cannabinoids for the treatment of  oncology and central nervous system disorders.

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Baltimore area needs a regional economic development strategy – Baltimore Sun

In the last five to 10 years, it would seem as though Baltimore is finally emerging (at least economically) — from its slow, multi-decade decline. But if you’re a resident of one of the city’s poorer neighborhoods, you might not know it.

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Red Wine Compound for Treating Depression and Anxiety?

A nice, relaxing glass of Bordeaux or Cabernet might easily seem like the perfect treatment for an anxious or slightly depressed state. Though, the alcohol might lead one down a slippery path rather quickly. Instead, investigators at the University of Buffalo (UB) and Xuzhou Medical University in China have decided to focus their attention on the widely studied plant compound—found in considerably higher levels in red wine than most other plants—called resveratrol. This phenolic compound has been studied for several decades, in connection with reduced incidence of cardiovascular disease and for the treatment of cancer, with mixed results. Yet now, researchers found new evidence of resveratrol displaying anti-stress effects by blocking the expression of an enzyme related to the control of stress in the brain.

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‘Browning’ white fat cells opens new avenue to obesity prevention – Horizon Magazine Blog

Scientists are getting closer to understanding how to turn the body’s energy-storing white fat cells into energy-burning beige fat cells, opening up hopes that fat deposits could one day be deliberately manipulated to prevent obesity and related health conditions.

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New Brunswick’s Venn Innovation receives $475,000 from federal government | BetaKit

Venn Innovation, a non-profit Moncton-based incubator established to connect New Brunswick’s tech ecosystem, has received approximately $475,000 from the federal government in the form of a grant.

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

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363rd Edition – July 23, 2019

By BHI Weekly Newsletter Archives




BioHealth Innovation


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July 23, 2019












FOUNDING MEMBER OF



BHI Job Opportunity: Accounting and Operations Assistant

This position reports to the Director of Finance, Human Resources and Operations. The Accounting and Operations Assistant assists all team members in all aspects of accounting, onboarding, HR benefits, and general operations, in coordination with the Director of Finance, HR, and Operations.

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NIH is the World’s Largest Early Stage Life Sciences Investor That You Didn’t Know About – NVCA

What is the NIH and how is NIH related to venture capital? Isn’t NIH a government research organization? NIH is widely recognized as the world’s premier biomedical research agency. Few realize that NIH, through its Small Business Innovation Research and Small Business Technology Transfer programs, is also the world’s largest early stage life sciences investor. We back over 1000 companies each year with over $1B! Companies that are awarded these much-coveted, non-dilutive awards for product development cannot do it alone. We need private, institutional and venture fund partners to help these companies bring products to market. That is where the investment world comes in.

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Maryland VC totals ‘rebound’ with $226M raised in Q2 – Technical.ly Baltimore

Venture funding raised by Maryland companies took a big jump in the second quarter of the year, as companies in the state raised a total of $226 million.

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Alexandria Real Estate Equities, Inc. Named 2019 NAIOP Developer of the Year

Alexandria Real Estate Equities, Inc. (NYSE: ARE), an urban office REIT and the first and longest-tenured owner, operator and developer uniquely focused on collaborative life science, technology and agtech campuses in AAA innovation cluster locations, today announced that it has been selected by NAIOP, the Commercial Real Estate Development Association, as the 2019 Developer of the Year. The award, which is the association’s highest honor, will be presented to Alexandria at a ceremony on Wednesday, October 16, 2019, at NAIOP’s CRE.Converge conference in Los Angeles.

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BioHealth Innovation Entrepreneur-in-Residence Feedback

Are you a start-up in Maryland, DC or Virginia seeking feedback on your biohealth business idea, pitch deck, or commercialization plan? Schedule your feedback session with BHI EIRs on one of the following dates:

  • 7/24/19 (All slots filled)
  • 9/4/19
  • 10/9/19
  • 11/20/19
  • 1/22/20
  • 2/26/20
  • 3/25/20
  • 4/22/20
  • 5/27/20

(45 minute blocks of time beginning at 9:00 in the morning. If the morning slots are filled, more time will be allotted beginning at 1 p.m.)

These take place at BHI headquarters in Rockville or by videoconference via Zoom.

Pre-registration and forwarding of a power point deck one week before the session is required. Sign up here (“EIR resource” at BHI HQ, Rockville). For questions, more information, or to be added to the wait list, please contact BHI.

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IBBR Researchers Awarded $1M from DTRA to Develop Portable Medical Sensors

Researchers at the Institute for Bioscience and Biotechnology Research (IBBR) recently received $1M from the Defense Threat Reduction Agency (DTRA, part of the US Department of Defense) to advance their work developing wearable sensors that measure biochemical information to diagnose disease. IBBR Fellow Dr. Gregory Payne (Research Professor, IBBR) is principal investigator on the award.

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New initiative helps Johns Hopkins entrepreneurs pay forward and give back | Hub

Since the days of its founding, Johns Hopkins University has encouraged a spirit of innovation among its students and researchers. So it’s no surprise that many alumni go on to start their own companies.

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5 questions with Chris Jeschke: Inside the technical decision points that are taking Protenus to scale – Technical.ly Baltimore

Chris Jeschke’s path into the startup world began with an unexpected outreach from an online advertising company. Following eight years at Advertising.com and four years at Booz Allen Hamilton, Jeschke is now CTO of Fells Point-based Protenus and building a team of next generation junior developers.

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Some shifts in venture capital financing of biopharma companies appear underway – MedCity News

Venture capital fundraising this year by biopharma startups is on course to fall behind last year, though it will be above the figure for 2017. But the biggest story may be where that funding is going.

Read More




Best practices in bioscience economic development – Smart Incentives

The Biotechnology Innovation Organization (BIO) recently released the report Transforming Ideas into Advances: Best Practices in State and Regional Bioscience Economic Development Initiatives. This biennial report provides a good summary of state initiatives serving the industry plus a discussion of new developments by state.

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Laws, Leadership and Luck: Why Bayh-Dole Worked But the Federal Circuit Went Off-Course

I recently visited Egypt as part of a team led by the Departments of State and Agriculture, supported by the good folks at the AUTM Foundation. Egypt, like many countries, is looking at our model for integrating research universities into their economy. I was asked to speak about the Bayh-Dole Act and thought it was important to emphasize that there were many factors required beyond enacting a law to reverse an entrenched national policy.

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Johns Hopkins starts coding program for working adults – Baltimore Business Journal

The 24-week, part-time program will be geared toward working professionals, who may be looking to pursue new job opportunities in tech.

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PwC MoneyTree Report: Insights on venture capital investments in emerging companies

Venture capital-backed companies based in the United States raised a record number of mega-rounds with 64 $100M+ deals this past quarter.

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8 Companion Diagnostic Developers Making a Mark | Clinical OMICs – Molecular Diagnostics in Personalized Medicine

If companion diagnostics (CDx) were people, they would be old enough to drink. The first CDx won FDA approval in 1998, when Dako Denmark (since acquired by Agilent Technologies) received authorization to market HercepTest. The immunohistochemistry (IHC) assay was designed to detect human epidermal growth factor receptor 2 (HER2) protein overexpression in breast tumors of patients who may benefit from Herceptin (trastuzumab), a targeted therapeutic for certain types of breast cancer marketed by Genentech (now a member of the Roche Group).

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Pushing Medical Research Toward Cures – Barron’s

Health care and medical research may attract considerable philanthropic dollars from wealthy individuals, yet many givers question whether their dollars have an impact.

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Save your money: Vast majority of dietary supplements don’t improve heart health or put off death | EurekAlert! Science News

In a massive new analysis of findings from 277 clinical trials using 24 different interventions, Johns Hopkins Medicine researchers say they have found that almost all vitamin, mineral and other nutrient supplements or diets cannot be linked to longer life or protection from heart disease.

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1776 to open North Bethesda location – Washington Business Journal

The new space comes as 1776 shifts in its D.C.-area footprint.

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Brain-machine interfaces are getting better and better – and Neuralink’s new brain implant pushes the pace

Elon Musk grabbed a lot of attention with his July 16 announcement that his company Neuralink plans to implant electrodes into the brains of people with paralysis by next year. Their first goal is to create assistive technology to help people who can’t move or are unable to communicate.

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The Galien Foundation Debuts 2019 Prix Galien USA Nominees in “Best Biotechnology Product,” “Best Pharmaceutical Product,” and “Best Medical Technology” Categories

The Galien Foundation today announced the 2019 Annual Prix Galien USA Award nominees. Counted among the global health innovation industry’s most prized honors, the Prix Galien Award recognizes outstanding biomedical and medical technology product achievement that improves the human condition.

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Telemedicine is catching on among physicians

A new analysis finds that more physicians are gaining telemedicine skills, an industry that’s expected to grow to over $130 billion by 2025. Here’s more from the report:

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Top 10 Biopharma IPOs of January–June 2019

After bouncing back last year both in dollars raised and number of deals, the initial public offering (IPO) market was expected to at least approach that success this year.

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WIB-Capital Region: Building Your Startup Team

When:Tuesday, July 30, 2019

Join Women In Bio-Capital Region to discuss one of the most important elements of entrepreneurship – how to determine whether to bring start-up team members in-house (and creatively convince them to work for your startup), or utilize vendors and contractors (and vet and manage them). We are excited to present an excellent panel of strong female professionals with diverse expertise in launching and facilitating successful businesses in the biotech space. Our panel will feature: Emily English, Ph.D. and CEO of Gemstone Biotherapeutics; Anne Balduzzi, Director of Advisory Services at TEDCO; and Maria Granovsky, Ph.D., J.D., and founder of Swimming Otter Communications. Dr. Ethel Rubin, Entrepreneur-in-Residence at BioHealth Innovation, Inc. will be our moderator for the evening, helping to highlight the panelists’ inspirational stories and cautionary tales of how to successfully start your own business (typically with little funding). Come prepared to listen, learn, ask questions, and have the opportunity to meet the leading ladies of our entrepreneurship-focused WIB evening. We can’t wait to see you there!

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