Health care and medical research may attract considerable philanthropic dollars from wealthy individuals, yet many givers question whether their dollars have an impact.
Since the days of its founding, Johns Hopkins University has encouraged a spirit of innovation among its students and researchers. So it’s no surprise that many alumni go on to start their own companies.
Venture capital-backed companies based in the United States raised a record number of mega-rounds with 64 $100M+ deals this past quarter.
What is the NIH and how is NIH related to venture capital? Isn’t NIH a government research organization? NIH is widely recognized as the world’s premier biomedical research agency. Few realize that NIH, through its Small Business Innovation Research and Small Business Technology Transfer programs, is also the world’s largest early stage life sciences investor. We back over 1000 companies each year with over $1B! Companies that are awarded these much-coveted, non-dilutive awards for product development cannot do it alone. We need private, institutional and venture fund partners to help these companies bring products to market. That is where the investment world comes in.
The new space comes as 1776 shifts in its D.C.-area footprint.
A new analysis finds that more physicians are gaining telemedicine skills, an industry that’s expected to grow to over $130 billion by 2025. Here’s more from the report:
After bouncing back last year both in dollars raised and number of deals, the initial public offering (IPO) market was expected to at least approach that success this year.
Are you a start-up in Maryland, DC or Virginia seeking feedback on your biohealth business idea, pitch deck, or commercialization plan? Schedule your feedback session with BHI EIRs on one of the following dates:
- 7/24/19 (All slots filled)
- 9/4/19
- 10/9/19
- 11/20/19
- 1/22/20
- 2/26/20
- 3/25/20
- 4/22/20
- 5/27/20
(45 minute blocks of time beginning at 9:00 in the morning. If the morning slots are filled, more time will be allotted beginning at 1 p.m.)
These take place at BHI headquarters in Rockville or by videoconference via Zoom.
Pre-registration and forwarding of a power point deck one week before the session is required. Sign up here (“EIR resource” at BHI HQ, Rockville). For questions, more information, or to be added to the wait list, please contact BHI.
How did Virginia manage to snag the biggest economic development prize in recent memory?
Amazon says its abrupt decision in February to pull out of a deal to build part of its giant second headquarters in Long Island City, Queens, was not about politics, despite speculation to the contrary. But when opposition in New York grew, Chairman Jeff Bezos and his team decided it only made sense to focus their efforts on the other victor in the HQ2 sweepstakes: Northern Virginia.
Drones have made the news once again. This time, to aid in swift and reliable delivery of life-saving temperature-controlled medications required in emergency situations. A collaboration between Direct Relief, Merck (MSD outside the U.S. and Canada), Softbox, AT&T and Volans-i is pushing the boundaries and capabilities of UAVs- also known as drones, and confirmed a successful fourth pilot proof-of-concept mission was conducted in the Bahamas last week.