News Archive

Are you looking to increase the success rate of your state’s SBIR/STTR proposals? If so, a reminder that applications for the Small Business Administration’s Federal and State Technology (FAST) Partnership Program are due next Friday, June 28, at 4 p.m. EDT. This program provides one-year funding to organizations executing programs related to SBIR/STTR outreach, technical assistance, or financial support. As a way to help inform these proposals, SSTI has updated the data from a January Useful Stats article on NIH SBIR/STTR success rates to include the most recent year available, FY 2018.

Jolene Gurevich was going to be an investment banker on Wall Street. But her roots as a competitive Latin ballroom dancer in New York gave her the inspiration to make a move toward entrepreneurship, and Venture for America provided her a clear path into the startup ecosystem in Baltimore. Now manager of the Maryland Technology Enterprise Institute (Mtech Ventures) incubator at the University of Maryland and the Chesapeake Bay Seed Capital Fund, Gurevich guides the trajectory of scientists-turned-entrepreneurs.

Catalent is continuing to expand its fast-growing biologics operations, agreeing to acquire Bristol-Myers Squibb (BMS)’s oral solid, biologics, and sterile product manufacturing and packaging facility in Anagni, Italy, for an undisclosed price.

Johnson & Johnson Innovation is recruiting a Head of Johnson & Johnson Innovation – JLABS @ Washington DC.    The goal of Johnson & Johnson Innovation (JJI) is to advance transformative healthcare solutions that improve the lives of people around the world and, in so doing, to deliver value to Johnson & Johnson (“J&J”).  JJI accomplishes this by catalyzing new science and technology through collaboration and exchange of ideas. This growing team is looking for a colleague inspired to help build and innovate new ways of fostering a productive life-science ecosystem.

This position will be responsible for setting the strategic direction and overseeing all operational activities for JLABS in Washington DC and leading our partnership with Children’s National Health System.  This position will also be part of the Global Johnson & Johnson Innovation – JLABS leadership team. 

Minnowtech, LLC, an aquaculture technology company that provides an imaging platform to enable shrimp farmers to measure shrimp abundance to optimize feeding, announced today it has been awarded a $225,000 Small Business Innovation Research (SBIR) Phase I grant from the National Science Foundation (NSF).

Sanofi will apply Google’s artificial intelligence (AI) and cloud computing capabilities toward developing new drugs, through a collaboration whose value was not disclosed.

The companies said they have agreed to create a virtual Innovation Lab to “radically” transform how future medicines and health services are developed and delivered.

Intrexon has scaled its proprietary yeast fermentation process and is on track to realize production of pure cannabinoids at a target cost of goods of <$1,000/kg. With exclusive global access to Intrexon’s technology for microbial production of cannabinoids, Surterra gains a clear research and development roadmap to:

Surterra Wellness

Just 16 months into its existence, a local biotech startup has investors swarming.

Gaithersburg, Md.-based Viela Bio has completed a $75 million Series B funding round, bringing its total raised since launching to more than $350 million.

Attorneys Vern Norviel and Charles Andres recently sat down with Katharine “Kathy” Ku, WSGR’s new chief licensing advisor, to discuss questions and situations that come up in the licensing process. Kathy is an internationally recognized leader in the field of licensing and technology transfer, and spent almost three decades as the executive director of Stanford University’s Office of Technology Licensing. Kathy’s many accomplishments include implementation of the Cohen-Boyer DNA Cloning licensing program which contributed to the creation of the biotechnology industry, and her work on the document: In the Public Interest: Nine Points to Consider in Licensing University Technology. This document, which provides nine principles that continue to influence and guide university licensing, should be read by any start-up contemplating taking a university license.

The National Cancer Institute (NCI) and The Frederick National Laboratory for Cancer Research (FNLCR) recently hosted the third annual Technology Showcase at The FNLCR’s Advanced Technology Research Center (ATRF) in Frederick, Maryland. The event provided industry thought leaders, inventors and entrepreneurs a platform to network, showcase their technologies, and learn more about the tech transfer process, starting a new business and various fundraising strategies.