News Archive

The Tech Council of Maryland hopes a new office at the University of Maryland BioPark will help the organization play a bigger role in technology and life sciences in Baltimore.

Much of the tech council’s activities are centered in Montgomery County, where the organization’s headquarters and many of its members are based. The tech council will open a new office at the biopark and staff it every Thursday. The Baltimore office will focus on strengthening partnerships with other technology organizations in the city and developing new programs that meet needs of Baltimore-area companies.

Register TODAY for one or more of the 5 NEW FastTrac Entrepreneurship classes being offered this fall at Montgomery College.

FastTrac is a nationally recognized entrepreneurship program that Montgomery College offers in partnership with the Kauffman Foundation. Nationally, 59% of FastTrac course participants launch start-ups and 60% of existing businesses report revenue growth in the following year. Locally, the FastTrac program has real and positive economic impact in Montgomery County.

Take advantage of an incredible international business opportunity and explore the India market with Montgomery County Executive Leggett during a business mission to India this November! 

Sign up now to join Leggett and fellow business, educational and community leaders for engaging stops in New Delhi, Bangalore, Hyderabad and Raipour.  August 1st is the deadline to apply for ExportMD grant funds to help defray the cost of participation in the  m

More than 70 percent of college graduates with a bachelor’s degree in science, technology, engineering and mathematics are not employed in those industries.

About 74 percent of STEM college graduates hold jobs unrelated to their fields of study, according to U.S. Census Bureau data. And those who are working in STEM fields are predominantly male. Specifically, Census data shows more than 80 percent of engineers and more than 70 percent of computer professionals are men.

The 4th edition of the Orphan Drugs Summit, Northern Europe’s premier orphan drugs conference, will take place in Copenhagen, Denmark this September.

As the conference approaches it is becoming more obvious that collaboration is one of the most important driving forces in the development of orphan drugs. The Orphan Drugs Summit will focus on how to build relationships on multiple levels, highlight how to access partnership parallel advice, and will also outline how stakeholders can benefit from collaboration to develop stronger clinical trials.

Supernus Pharmaceuticals of Rockville has sold certain royalty and milestone rights to a treatment for pulmonary arterial hypertension for $30 million to HealthCare Royalty Partners of Stamford, Conn.

The agreement relates to the commercialization of Orenitram Extended-Release Tablets by Supernus’ partner, United Therapeutics of Silver Spring. Supernus will retain full ownership of the royalty rights after a certain threshold has been reached, according to a company news release.

The Tech Council of Maryland (TCM), Maryland’s largest technology trade association for life science and technology, today announced that it has opened a new satellite office at the University of Maryland BioPark in Baltimore. By expanding its reach, TCM will be able to collaborate closely with industry leaders located in the Greater Baltimore area and more effectively bring together the state’s technology and life sciences sectors.

“With members, such as Johns Hopkins University, Verizon, HP, Howard Community College and Semmes, Bowen & Semmes P.C., located in the Baltimore metropolitan area, we saw a need to build a stronger presence,” said Phil Schiff, TCM’s CEO. “TCM is excited to have the opportunity to work more closely with the wide variety of innovative companies and entrepreneurs in Baltimore, and provide them with important resources they need closer to home.”

Johns Hopkins University is expected to receive almost $6.4 million from the federal health department for a support program for people with dementia. The award, worth up to $6.38 million, is part of the federal Centers for Medicare and Medicaid Services’ Health Care Innovation Awards.

The award is contingent on final administrative approval by the federal health department.

Two private equity firms announced the formation of a $26.6 million fund that will focus exclusively on the aging marketplace and companies within it.

Chicago-based Ziegler and Ohio-based Link-age Ventures announced the close of the Longevity Fund, which aims to address a number of key issues affecting seniors. Among them: coordination of care, chronic disease management, reducing hospitalizations and re-admissions, disease prevention and wellness, aging and government funded programs and public health issues, according to the companies.