News Archive

Further substantiating the school’s title as one of the most forward-thinking, cutting edge institutions the nation has to offer, the University of Maryland (UMD) has announced the launch of their first ever Academy for Innovation and Entrepreneurship today.

Due to launch in Fall 2013, the new Academy will instill a sense a culture of innovation and entrepreneurship into all areas of curriculum and colleges with the addition of classes, workshops and real world affairs that will allow students to truly grasp the meaning and need for creativity in the workplace.

It may just be early adopter tech types who log every step they take or calorie they burn using Fitbits, Nike Fuelbands, and other devices, but that hardly means they’re the only ones who track their health.

About 7 in 10 American adults told the Pew Internet & American Life Project that they track a health indicator like weight, diet, exercise or a symptom. But despite growing buzz around the “quantified self” movement and the explosion of gadgets and apps that help people measure and analyze everything from their activity and sleep patterns to blood glucose levels and other vital signs, just a small slice of health trackers rely on high tech devices.

You might be surprised to find out which companies lead pharmaceutical industry drug approvals. This infographic from DrugPatentWatch shows that Mylan, Aurobindo, and Apotex led 2012 drug approvals. What some readers may find surprising is the relative absence of branded pharmaceutical firms from this list.

New York Mayor Michael R. Bloomberg has pledged a $350 million gift to Johns Hopkins University to support interdisciplinary research and student financial aid, a commitment that will push his lifetime donations to his alma mater to more than $1 billion, the university announced Saturday.

Hopkins officials said they believe that Bloomberg will become the first person to reach the $1 billion level of giving to a single U.S. institution of higher education — an assertion that’s hard to verify because many donors give anonymously to universities. It is also difficult to compare the dollar value of modern donations to those in earlier eras.

TCM is proud to announce that Governor Martin O’Malley will be the featured speaker at TCM’s Leadership Dinner.  The Governor will talk about Maryland’s knowledge economy, his legislative priorities and what’s in store for technology and biotechnology in 2013.  Our annual Leadership Dinner in Annapolis brings together the region’s technology and life sciences sectors to network and learn about important policy issues.   TCM will also share its legislative priorities for 2013.

We hope you can join us.  Last year we had over 150 executives, TCM’s Board of Directors and 50 members from the Maryland General Assembly in attendance.

Maryland is looking to build on the success of a biotechnology tax credit to bolster another industry here — cyber security.

Gov. Martin O’Malley proposed in his fiscal 2014 budget a new cyber security tax credit that would set aside $3 million to encourage cyber security companies to expand or set up shop in Maryland.

Venture capital firm SR One has launched “OneStart,” its first business plan competition, in association with Oxbridge Biotech Roundtable and Stevenage Bioscience Catalyst. OneStart is designed to inspire and encourage its participants to become the next generation of European bio- entrepreneurs. The £100,000 winner-takes-all prize will be the largest of its kind in the world. Uniquely, OneStart will actively connect individuals from a range of institutions and backgrounds.

OneStart is open to aspiring life science entrepreneurs age 35 and younger who are studying or working in Europe. The competition will be run in stages and cover four tracks: drug discovery, medical devices, diagnostics and health information technology. The competition will team up those who have developed a technology or idea, such as academics, with individuals who have complementary backgrounds and skills, e.g. business school students, or young professionals from pharma or biotech.

Emergent BioSolutions Inc., a pharmaceutical company, has initiated the Phase II clinical trial for NuThrax or AV7909, with the dosing of the first subject.

NuThrax, a next generation vaccine being developed as part of Emergent’s anthrax franchise, consists of Anthrax Vaccine Adsorbed in combination with a novel immune stimulatory adjuvant, CPG 7909.

A £50m venture capital fund focusing on early-stage life science and health technology companies has been launched in Scotland.

Rock Spring Ventures said it had already secured commitments worth more than £25m from a range of investors.

Backers include the universities of Glasgow, Edinburgh and Aberdeen.