The Maryland Technology Development Corp. is launching a $1 million fund to help technology startup firms cover the gap between seed funding and venture capital investments.
G1 Therapeutics, an oncology therapy developer spun out of North Carolina University. has filed for a $115m initial public offering that will provide an exit for MedImmune, a subsidiary of pharmaceutical firm AstraZeneca.
The DOD SBIR 17.2 and the STTR 17.B Broad Agency Announcements (BAA) have been pre-released on the DOD SBIR/STTR Small Business Portal. You may now view the topics and ask technical questions through SITIS: https://sbir.defensebusiness.org/topics
The Biohealth Capital Region Forum continued Thursday in Gaithersburg where guests heard from Senator Chris Van Hollen. One of the topics of the forum was funding for the biotech industry. Many national health companies are headquartered in Montgomery County and are concerned about federal funding. President Trump’s proposed budget would cut six billion dollars from the National Institute of Health.
Evan Savage, one of the organizers of Saturday’s March for Science in Toronto, looks at what’s happening south of the border in the U.S. and is reminded of what Canadian scientists faced under the previous Stephen Harper government, specifically cuts to science funding and the alleged muzzling of government scientists.
TEDCO has new funding for startups who are past the seed funding stage but not quite ready for VCs.
Maryland’s quasi-public agency that helps early-stage companies received $1 million from the state to create the Gap Investment Fund.
The world marks January 11 as the 95th anniversary of the date that insulin was first used in humans to treat diabetes. Since then it would seem that barely a week passes without another device or treatment in the works. According to the Centre for Disease Control, more than 29 million Americans are living with diabetes, and 86 million are living with prediabetes, a serious health condition that increases a person’s risk of type 2 diabetes and other chronic diseases.
The Milken Institute today released a new report ranking more than 200 universities across the United States for their prowess in developing basic research into new technologies, products and companies – a process known as “technology transfer.”
The National Science Foundation has named 24 University of Maryland students as fellows for the foundation’s Graduate Research Fellowship Program.
The fellowships are awarded to students in STEM fields who pursue research-based masters and doctoral degrees. Fellows receive an annual stipend of $34,000 and $12,000 to offset educational costs such as books and tuition.
When Maryland Gov. Larry Hogan stepped up to address a crowd of more than 1,000 life sciences executives and entrepreneurs on Wednesday, he couldn’t help but take the moment to remember his own brush with their work.