News Archive

Blu Venture Investors, a Vienna, VA-based venture capital firm supporting the cybersecurity ecosystem in the Mid-Atlantic region and beyond, launched a $25M fund.

The BVI Cyber Fund is targeted at Series A growth companies in cybersecurity.

Blu Ventures has and will continue to invest in forward-looking cybersecurity technologies within core areas that include Endpoint Detection & Response, Data Storage; Web & Cloud; Messaging; Network; Industrial & Internet of Things (IoT); Threat Intel; Mobile; Fraud Protection & Transaction; Risk, Compliance & Training; Specialized Threat Analysis & Protection and Security Ops & Incident Response.

Integrated BioTherapeutics Inc. (IBT), a Maryland biotechnology company specializing in emerging infectious diseases, announced today the receipt of a contract valued at up to $16.3 million from the National Institute of Allergy and Infectious Diseases (NIAID), part of the National Institutes of Health (NIH), to develop IBT-T03H, a monoclonal antibody for treatment of Marburg virus disease (MVD). MVD is caused by either of two marburgviruses, Marburg virus and Ravn virus, and has reemerged several times since it was initially described in 1967. IBT-T03H, discovered in collaboration with the University of Maryland, has been shown in preclinical studies to be protective against both Marburg and Ravn virus.

May 20, 2021 (Washington, D.C.)- Connected DMV held its ninth and final COVID-19 Strategic Renewal Task Force meeting, where they announced the formation of the DMV Regional Congress to continue the Task Force’s mission of advancing strategic initiatives to promote economic renewal and social equity in the region. Washington, D.C. Mayor Muriel Bowser also addressed the Task Force, where she gave an update on the District’s reopening plans. She also thanked the cross-sector regional nonprofit for its work in bringing together all of the region’s stakeholders for the shared purpose of creating a more economically vibrant and equitable future for all in Greater Washington on behalf of the District and Maryland and Virginia Governors Larry Hogan and Ralph Northam.

Image: https://www.connecteddmv.org

GERMANTOWN, Md. & HILDEN, Germany–(BUSINESS WIRE)– QIAGEN N.V. (NYSE: QGEN; Frankfurt Prime Standard: QIA) today announced it has received Emergency Use Authorization (EUA) from the U.S. Food and Drug Administration (FDA) for the fast and easy-to-use QIAreach® Anti-SARS-CoV-2 Total Test.

The authorization means QIAGEN can start making its portable antibody testing device available to health-care professionals in the U.S. Each antibody test takes only about 10 minutes to identify whether a person carries antibodies to the SARS-CoV-2 virus as a result of prior infection. Individual test results are read on a digital eHub device that can process up to 32 tests per hour – and will eventually also run the antigen test.

FREDERICK, Md.–(BUSINESS WIRE)–Today, the Maryland Tech Council (MTC), Maryland’s largest technology and life sciences trade association, announced the winners for its annual Industry Awards Celebration. The event recognizes the leaders and innovators in the life sciences and technology communities from Maryland and the Mid-Atlantic Region. Winners were announced at the virtual celebration event today at 4pm ET.

“We are proud to celebrate and honor these companies and individuals in the life sciences and technology industries who are doing important work to improve lives,” said MTC CEO Marty Rosendale. “The work done by these industries is necessary now more than ever to help advance the state and the country. Each year, the Industry Awards Celebration brings out the best that the region has to offer, and 2021 was no exception.”

The COVID-19 pandemic has had a substantial impact on global health and highlighted the importance of international cooperation to effectively combat SARS-CoV-2. Since the discovery and publication of the virus’s genome in January 2020, scientists have rushed to develop vaccines, therapeutics and diagnostics on an unprecedented timescale. To date there are 80 vaccines in clinical trials and 70 more in clinical development, setting the stage for some of the fastest vaccine development and testing in modern history1. The vaccine technology platforms used by the most promising vaccine candidates range from viral vector–based and protein-based technologies to mRNA and lipid nanoparticle technology. Despite these impressive scientific achievements, barriers such as the vaccine cold chain and multiple forms of intellectual property (IP) protection stand in the way of equitable access and fair allocation.

Image: https://www.nature.com