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Maryland, NASA Partner on Tech Transfer – AMD

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The state of Maryland and NASA’s Goddard Space Flight Center in Greenbelt, Md., have embarked on a new partnership effort, the main goal of which is to attract high technology companies to Maryland, which in turn will enable both future missions of NASA and the economic future of Maryland.  

The agreement, signed by U.S. Sen. Barbara Mikulski, Maryland Gov. Martin O’Malley and Goddard Space Flight Center Director Chris Scolese will help in several ways. Goddard will obtain specialized skills and technologies needed for its numerous mission applications. It will help the center engage in technical exchanges with local tech companies regarding new trends, theories, techniques, and problems in aerospace technology. And finally, it will provide an opportunity for the development of local educational and labor resources specific to Goddard’s needs.

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FDA Center for Drug Evaluation and Research (CDER) – Strategic Plan 2013-2017 – PDF

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CDER’s mission is to protect and promote public health by helping to ensure that human drugs are safe and effective for their intended use, that they meet established quality standards, and that they are available to patients. The range and complexity of the human drug supply and development pipeline, and the global nature of regulated industry operations present unprecedented challenges to effective regulatory oversight. Effective and sustainable regulatory operations also require explicit recognition of agency resource limitations.

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MedStar, Cleveland Clinic alliance reach licensing deal on medical device – Washington Business Journal

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MedStar Health and the Cleveland Clinic said Monday they’d signed a deal with a Maryland company to license patent rights for a medical device that would help patients with severe lung and neuromuscular diseases to breathe.

The deal comes two years after Columbia, Md.-based MedStar and the prestigious Cleveland Clinic’s technology transfer arm unveiled its alliance aimed at commercializing medical innovation.

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BioBuzz Builds Connections in Biotech and Life Sciences Industries – Johns Hopkins University Montgomery County Campus Blog – Johns Hopkins University Montgomery County Campus

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Once a month, Growlers Brew Pub in Gaithersburg is packed with people talking about the latest trends in the biotechnology and life sciences industries.

The people who gather at Growlers are biotechnology students, lab workers, human resources managers, job seekers, educators, scientists, entrepreneurs and vendors. They come for the camaraderie and the opportunity to connect with people in the bioscience industry.

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How JHU landed at Homewood rather than at its founder’s summer home

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In 1837, entrepreneur and philanthropist Johns Hopkins bought a Federal-style mansion located on 300 acres in northeast Baltimore. Henry Thompson, a businessman and War of 1812 cavalry captain, had built the estate in 1803 and named it Clifton after his ancestral home in England. It became Hopkins’ summer home, where he liked to entertain family and friends, until his death in 1873. It’s where he welcomed the Prince of Wales, who became King Edward VII. It’s where he held a clandestine meeting that included Salmon Chase, secretary of the Treasury under President Abraham Lincoln; his friend John Work Garrett, the B&O Railroad president; and other B&O officials, who offered to use the rail for Union Army troop movements. And it’s where he hoped the university that would bear his name would be located

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Diagnosis for Healthcare.gov: Unrealistic Technology Expectations – MIT Technology Review

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The fiasco with the $600 million federal health insurance website wasn’t all bureaucratic. Forcing slow and disparate databases run by government and insurance companies to work together in real time—and then launching the service all at once—would have challenged even technology wunderkinds.

In particular, the project was doomed by a relatively late decision that required applicants to open an account and let the site verify their identity, residence, and income before they could browse for insurance. That meant the site would have to interface in real-time with databases maintained by the Internal Revenue Service and other agencies.

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Medical device startups hit by decline of venture capital investment | TribLIVE

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Peter DeComo raised $20 million from investors for Renal Solutions Inc. in 2002, when the Pittsburgh medical device company had only a working prototype for an artificial kidney and no money.

During the next five years, he brought in $20 million more in capital before selling Renal Solutions to a German outfit in 2007 for nearly $200 million.

“That company couldn’t even get funded today,” lamented DeComo, the CEO of South Side-based ALung Technologies Inc., because venture capital investors have pulled back from startup companies in his industry.

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