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Secretome

Secretome Therapeutics Begins First Trial of STM-01 for Heart Failure

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SecretomePLANO, Texas & BALTIMORE–(BUSINESS WIRE)–Secretome Therapeutics, a clinical-stage biotechnology company developing novel therapies derived from neonatal cardiac progenitor cells (nCPC), today announced dosing of the first patient in its Phase 1 clinical trial evaluating STM-01 as a treatment for heart failure with preserved ejection fraction (HFpEF).

This is the first-ever clinical study of an allogeneic, off-the-shelf stem cell therapy in HFpEF, a leading cause of hospitalization, morbidity, and mortality worldwide. An estimated 6.7 million adults in the U.S. are affected by heart failure, with HFpEF comprising at least half of these cases.

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ATCC

ATCC Appoints Dr. Ruth Cheng as New President and Chief Executive Officer

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ATCCRuth R. Cheng, PhD, succeeds Raymond H. Cypess, DVM, PhD, who will remain on the Board of Directors as chairman

Dr. Cheng is an experienced global executive leader in life sciences innovation and business strategy, with a strong background in biology and biomedical engineering

Manassas, VA, United States – January 17, 2025 – ATCC, the world’s premier biological materials management and standards organization, today announced the appointment of Ruth Cheng, PhD, as president and chief executive officer. Dr. Cheng, who has been with ATCC for five years and most recently served as senior vice president and general manager, Research and Industrial Solutions, succeeds Raymond H. Cypess, DVM, PhD, who will remain on the Board of Directors as chairman.

“ATCC has grown into the world’s largest and most diverse biological resource center,” said Dr. Cheng. “It is my goal to continue building upon this solid foundation at ATCC to expand the next generation of scientific innovation and digital biological discovery. I am grateful to Dr. Cypess and the Board of Directors for their confidence in me to lead this organization. My scientific training and business roles have prepared me well for this position and I am extremely optimistic about the future of ATCC.”

“Dr. Cheng’s vision of where we could go, how we could get there, and what steps to take aligned with that of Dr. Cypess. It became obvious to us that she was the best choice, especially with her track record of accomplishments,” said ATCC board member, Steven G. Kaminsky. “After an extensive search process for a new CEO, Dr. Cheng rose to the top and the Board unanimously appointed Dr. Cheng, who understood the culture and mission of ATCC and demonstrated the clarity of thought as to the company’s future.”

During her tenure at ATCC, Dr. Cheng has contributed to the continuous transformation of ATCC’s culture and strategy through internal innovation and new external partnerships globally. Her leadership has positioned the company into areas important to ATCC’s future including bioinformatics and biological reference data. Additionally, she has expanded the number and diversity of its scientific strategic partnerships.

“Dr. Cheng understands the importance of the company’s hybrid approach to being a financially self-sustaining non-profit organization,” said Dr. Cypess. “This business model reinforces our ability to remain committed to improving global public health, advancing science, and ensuring the safety and security of the United States. Dr. Cheng, as well as my fellow Board members and I, are here to serve the company, its employees, and stakeholders. As I pass the baton to Dr. Cheng, I know that ATCC is in good hands and will continue to make sound science possible for researchers around the world.”

Before joining ATCC, Dr. Cheng served as vice president of Global Strategy at AgNovos Healthcare, where she led multiple departments and strategic initiatives to expand the company’s portfolio and market access. She was director of Innovation and Strategy for the Advanced Surgical Devices Division of Smith+Nephew, where she oversaw strategic planning and was responsible for portfolio expansion through product development and corporate venturing. And earlier in her career, Dr. Cheng worked at Boston Scientific as manager of Corporate Research and Research Fellow and Strategic Partnerships. She brings extensive business leadership experience across global markets including Europe and the Asia-Pacific region.

Dr. Cheng received her master’s of science and doctorate degrees in biomedical engineering from the University of Michigan after earning a Bachelor of Arts in biological sciences from Cornell University. She holds executive certificates in Strategy and Innovation from MIT Sloan School of Management, and Private Equity and Venture Capital from Harvard Business School. Dr. Cheng has authored numerous scientific publications and has more than a dozen patents. She also is an invited lecturer at congresses and universities on medical technology innovation.

“It has been my privilege to work alongside such a talented team at ATCC whose unique skills and expertise have made us the most trusted, credible biorepository in the world,” said Dr. Cheng. “The people here do incredible work, which enables others to make incredible discoveries.”

About ATCC
ATCC is a premier global biological materials and information resource and standards organization and the leading developer and supplier of authenticated cell lines, microorganisms, and associated data for academia, industry, and government. With a history of scientific contributions spanning more than a century, ATCC offers an unmatched combination of being the world’s largest and most diverse collection of biological reference materials and data, and is a mission-driven, trusted partner that supports and encourages scientific collaboration. ATCC products, services, partnerships, and people provide the global scientific community with credible, advanced model systems to support complex research and innovations in basic science, drug discovery, translational medicine, and public health. ATCC is a 501(c)3 nonprofit organization headquartered in Manassas, Virginia, with research and technology centers of excellence in Gaithersburg and Germantown, Maryland.

Contact: Samantha Paro, senior manager, Corporate Communications & Public Affairs, ATCC, pr@atcc.org

NanoQT

Maryland Commerce: Japanese quantum company lays down roots in Maryland

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NanoQTNanoQT, a Tokyo-based quantum computing company, recently announced its expansion into Maryland, with the intent to strengthen the company’s research and development capabilities and commercialization in the U.S.

The move follows the company’s participation in Maryland’s Global Gateway program, which incentivizes foreign companies to “soft land” in the U.S., offering affordable office spaces at Maryland incubators as well as access to advisors and other resources. As a Global Gateway participant, NanoQT took up residency at the Quantum Startup Foundry incubator on the University of Maryland campus, where the company will maintain its presence.

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GeneDX

Fast Company Recognizes GeneDx as One of the World’s Most Innovative Companies

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GeneDXGeneDx recognized for its innovative approach to accelerating genetic diagnosis and transforming the future of healthcare by ending the diagnostic odyssey

GAITHERSBURG, Md.–(BUSINESS WIRE)–GeneDx (Nasdaq: WGS), a leader in delivering improved health outcomes through genomic insights, announced today they have been named to Fast Company’s prestigious list of the World’s Most Innovative Companies of 2025, and recognized as the No. 2 in the Biotech category. This year’s list shines a spotlight on businesses that are shaping industry and culture through their innovations to set new standards and achieve remarkable milestones in all sectors of the economy.

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Welldoc

Welldoc Achieves 50+ Patents, Unveiling “CGM-GPT” for Advanced Glucose Prediction

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WelldocDigital Health Leader’s Innovation in Real-Time Sensor-Based AI Sets New Standards for Personalized Cardiometabolic Care

COLUMBIA, Md.–(BUSINESS WIRE)–Welldoc®, a digital health leader revolutionizing cardiometabolic care, today announced the issuance of four new patents, marking its 54th patent grant. This milestone underscores Welldoc’s relentless commitment to innovation and leadership in leveraging artificial intelligence (AI) and advanced predictive capabilities based on real-time sensor data. The company’s digital health platform empowers individuals with personalized AI-driven digital coaching to enable self-management of cardiometabolic conditions, positive lifestyle changes and improved overall health and outcomes.

The new patents focus on Welldoc’s unique approach to combining dense, sensor-based data specifically collected from Continuous Glucose Monitors (CGM), with AI to predict future engagement levels, health metrics and improved outcomes. This includes the development of a “CGM-GPT” model using generative AI techniques to predict future glucose values.

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LunaLabs

Governor Glenn Youngkin Announces Luna Labs to Expand Research and Development Operations in Charlottesville

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LunaLabsTechnology development company will invest $200,000 and create 20 new jobs 

RICHMOND, VA — Governor Glenn Youngkin today announced that Luna Labs USA, LLC, a product development company accelerating breakthrough solutions to multiple industries, will invest $200,000 to expand its operations in the City of Charlottesville. The company will create 20 new jobs.  

“Luna Labs’ expansion demonstrates Virginia’s ability to cultivate and retain innovative technology companies,” said Governor Glenn Youngkin. “When high-tech firms choose to grow in the Commonwealth, it reinforces our position as a hub for research and development, particularly in sectors like aerospace, energy and defense. LunaLabs’ success story showcases how Virginia’s world-class talent pipeline and collaborative ecosystem help companies thrive.” 

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Sapio Sciences: Seamless AI-Native Drug Discovery with NVIDIA BioNeMo

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sapio logo color 2BALTIMORE–(BUSINESS WIRE)–Sapio Sciences, the science-aware™ lab informatics platform, today announced the integration of the NVIDIA BioNeMo platform into the Sapio Lab Informatics Platform. This integration brings AI-driven computational drug discovery directly into Sapio ELN (Electronic Lab Notebook), helping to streamline workflows and improve decision-making in drug discovery.

With the BioNeMo platform, researchers can accelerate drug discovery by leveraging science-specific AI frameworks, pre-trained models, and generative AI tools to streamline the identification of potential drug candidates and improve target selection accuracy. NVIDIA BioNeMo provides scientists with a framework for training and deploying large biomolecular language models at supercomputing scale.

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AstraZeneca

BioPharmaDive: AstraZeneca adds ‘in vivo’ cell therapy capabilities with EsoBiotech deal

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AZThe British drugmaker is paying up to $1 billion to buy the Belgian startup, whose technology it sees as useful in treating cancer as well as autoimmune conditions.

AstraZeneca is bolstering its cell therapy capabilities, agreeing on Monday to pay up to $1 billion for a biotechnology startup making treatments that reprogram cells inside the body.

The British drugmaker is buying EsoBiotech, a Belgian startup, for $425 million in cash upfront. EsoBiotech’s investors, among them Invivo Partners and UCB Ventures, could receive up to $575 million in additional payouts should the startup’s programs hit certain development and regulatory milestones, AstraZeneca said in a statement.

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Phlow logo

Phlow Corp. Achieves Key Milestone Toward Full Epinephrine Production — Made in America

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PhlowValidation Completed for a Novel, Cost-Competitive Epinephrine Active Pharmaceutical Ingredient Process, Drug Master File Successfully Filed

Richmond, Virginia, March 17, 2025 (GLOBE NEWSWIRE) — Phlow Corp., a U.S.-based certified B Corporation on a mission to bring medicines to life through advanced development and manufacturing in America, today announced a major milestone, achieving a successful process validation campaign for Epinephrine active pharmaceutical ingredient (API) production. This achievement positions Phlow to continue advancing toward full domestic production capabilities in its state-of-the-art U.S. facilities for this life-saving medicine.

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National Institutes of Health logo

The Economic Power of NIH Grants: Why Sustained Investment Matters

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NIHGrantsThe National Institutes of Health (NIH) is vital in driving scientific discovery and economic growth across the United States. Recent reports from United for Medical Research (UMR) and Forbes highlight just how impactful NIH funding has been—generating $94.58 billion in economic activity in FY2024 alone and supporting more than 407,000 jobs nationwide. For every $1 invested, NIH research funding returns $2.56 in economic impact.

For the BioHealth Capital Region (BHCR)—home to NIH, the FDA, and a growing network of research institutions and life sciences companies—this funding is critical. NIH grants fuel the work of startups, researchers, and small businesses developing groundbreaking technologies in biotech, AI-driven drug discovery, personalized medicine, and advanced therapeutics. Without sustained investment, the entire innovation ecosystem is at risk, impacting job creation, commercialization efforts, and, ultimately, patient outcomes.

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