News Archive

Lightower Fiber Networks, the premier provider of all-fiber, high-performance networking solutions delivered over its own network, announced the availability of a newly constructed, all-fiber Potomac River crossing near Ashburn, VA. Wholly owned and operated by Lightower, the crossing serves as a strategic route that bypasses the greater Washington D.C. area, allowing for superior network connectivity to data centers, cloud providers, and other service locations in northern Virginia, including the Ashburn area.

The MVR Company (MVR) and Engineered Medical Systems, Inc. (EMS) announced today that they have executed a lease to occupy space at the City Garage in Port Covington. The location will be used for a medical device manufacturing operation and a business development accelerator to support the State’s emerging growth medical technology companies.

Engineered Medical Systems manufactures medical products for their proprietary line, and provides private label and OEM contracts to distribution teams and other medical device companies. Their current facilities operate out of Indianapolis, IN, and Penang, Malaysia. For several years, MVR and EMS have been in discussions regarding the possibility of placing a medical device manufacturing operation in Baltimore to support the growing Medtech ecosystem in the State of Maryland. EMS will produce proprietary and contract products in the new facility and is in discussions with several out of state companies that are interested in producing in the new location. The facility will be known as The Factory™, consistent with the focus of City Garage to develop new capabilities for Baltimore in high value manufactured products. Brad Quinn, Co-President of EMS and Director of Operations, commented “We have been intrigued by the vibrancy of the clinical and innovation atmosphere in Maryland, and have in fact had several productive relationships in the past with researchers and physicians from the area. We view this as a timely opportunity to engage more deeply with the medical device community in greater Baltimore and Maryland.”

Machfu, an Industrial Internet of Things (IIoT) company leading the way in the development of an edge intelligence platform for IIoT, announced that it has raised $1.6 million in the first round of institutional financing. This investment, led by Blu Venture Investors, will allow the company to accelerate its successes in the Smart Grid and Smart Water markets, and expand its footprint in the oil and gas industry. The company has also recently received financing from Maryland’s TEDCO and other angel investors.

TEDCO’s 7th Annual Entrepreneur Expo will bring together all of Maryland’s entrepreneurial resources from across the state into one place, at one time.

You can expect to see 700+ of the region’s top entrepreneurs, small and large business executives, angel and venture capital investors, federal and state economic development officials, university leaders and legislators.

Gaithersburg’s 3iDx will pitch to investors at next month’s BIO Investor Forum in San Francisco.  Help the BioHealth Capital Region and 3iDx gain more visibility by voting for them to be a featured company, “The Buzz of BIO,” at this conference. Voting runs daily through Friday, September 1st. You may vote once a day, every day of this week to provide a total of 4 votes.  Click here and select 3i Diagnostics under Diagnostics and Beyond.

Biotech/Health execs play  for a small $50 donation in the tournament that will benefit Zaching Against Cancer Foundation organization.

Welcome to the 2017 Biotech / Health Invitational, a DogDenGolf managed event that is being supported by top executives at Medimmune, other Biotechnology / Health companies and Vendors in the region. This year’s event will be held on October 23, 2017, at Cattail Creek Country Club in Glenwood, MD and will determine the Biotech / Health Executive Golfers of the Year.   

Proceeds from this event will benefit Zaching Against Cancer Foundation (ZACF), a 501(c)(3) non-profit foundation established to provide support to cancer patients and their support networks through scholarships, research and outreach. Money raised by ZACF goes toward several college scholarships, an internship and donation to cancer research and outreach organizations.

For more information, visit their websites at  www.zachingagainstcancer.org.

Host:  UM BioPark & Wexford Science + Technology

Location:  UM BioPark 801 W. Baltimore Street, Patio, Weather permitting Baltimore, Maryland 21201

Time:  5:00pm to 6:30pm

Please join the BioPark’s Monthly Networking Event. Mingle with BioPark tenants, and UMB faculty and staff.

The European Commission (EC), the United States (US) Food and Drug Administration (FDA) and the European Medicines Agency (EMA) have signed a new confidentiality commitment that allows the US regulator to share non-public and commercially confidential information, including trade secret information relating to medicine inspections with EU regulators. This confidentiality commitment is a milestone in the ongoing implementation of the mutual recognition of inspections of medicine manufacturers and it aims to strengthen the EU-US relationship. Ultimately it will contribute to a more efficient use of inspection resources by regulators for the protection of human and animal health.

The Maryland Technology Development Corporation (TEDCO) announced today that its board of directors elected four new Executive Officers. The officers will serve for one year. “Providing the right tools and resources to Maryland’s entrepreneurs is vital to strengthening our workforce and ensuring that our state is open for business,” said Governor Larry Hogan. “I would like to congratulate the new executive officers of TEDCO as they work to guide Maryland’s growing number of innovators, entrepreneurs, and start-up companies to achieve even greater successes.”