News Archive

Montgomery County Executive Isiah Leggett will participate in a press conference today hosted by WorkSource Montgomery, Inc. in collaboration with Montgomery County Public Schools (MCPS) and Montgomery County Government to announce the Summer R.I.S.E (Really Interesting Summer Experience) program. The event will run from 11 a.m. to 12 p.m. Tuesday, March 28, at Kaiser Permanente’s Mid-Atlantic States Regional Administrative Offices on 2101 East Jefferson Street in Rockville.

This new initiative provides MCPS rising juniors and seniors with enriching summer career development experiences through local Montgomery County businesses and nonprofit organizations.

Global technology leaders still consider the United States at the forefront of innovation, but China is catching up, according to a recent survey from KPMG. The accompanying report, “The Changing Landscape of Disruptive Technologies,” also ranks the top global companies and visionaries for innovation. Beyond the lists, the findings reveal how companies are cultivating an innovation culture. A great many survey respondents, for example, said their organization has appointed a chief innovation officer to lead these efforts. In addition, they’re measuring progress through patents earned, revenue growth, and brand and reputation barometers.

Millions of bodies suffer a loss of soft tissue — namely skin or muscle — each year. It can result from trauma, natural aging, or even surgery, like a mastectomy for breast cancer patients. Typically, the only option to repair such damage is surgery, and transferring tissue from one part of the body to another.

Across the commonwealth, families are feeling squeezed by stagnant wages and rising costs. Too many Virginians are working part-time instead of full-time; too many college graduates are working in jobs that don’t require a four-year degree.

Virginia’s anemic economic growth rates have trailed the national average for five straight years. We even fell to the bottom ten states for economic growth in 2014. More people are moving out of Virginia than moving in. Our tax climate ranking fell to 33rd in 2017. We’ve dropped out of the top 10 on the CNBC list of Best States for Business, after being number one just five years ago.

The University System of Maryland announced this month the launch of its Maryland Momentum Fund, which will provide $25 million to support startups formed within the system.

The university system has already committed $10 million to the initiative, and is working alongside the University of Maryland, Baltimore County as well as UM Ventures — a joint research and innovation program between this university and the University of Maryland, Baltimore — to obtain the remaining $15 million from local venture capitalists and angel investors, said Julie Lenzer, UM Ventures co-director.

GlaxoSmithKline and Regeneron have given their backing to a new project that will use patient data held by the UK Biobank.

The firms will get free access to the samples in return for covering the cost of sequencing it and, after a period of exclusivity, they will then allow the data to be plugged back into the resource for wider use.

Eli Lilly and Company has publicized plans to invest $850 million in the United States throughout 2017.

The media release, delivered Friday, follows a meeting between Lilly executives, federal, state and local government officials at Lilly Technology Center in Indianapolis, Indiana.

Once again, more than three-quarters of U.S. venture capital (VC) dollars went to companies in California, New York and Massachusetts in 2016, according to data from the PricewaterhouseCoopers (PwC)/CB Insights’ Moneytree Report Explorer. Approximately 53.3 percent of all VC capital went to California companies, down nearly 4.4 percent from the states peak in 2014 (57.7) and down 3.9 percent from 2016. While California’s share declined, both Massachusetts and New York saw increases in their share of VC dollars invested:

Patients everywhere take their medication with emocha.

This World TB Day, we want to say thank you to our partners around the world who are uniting to #EndTB.

Patients across three continents are using the emocha platform to facilitate TB treatment, and we’re proud to support hundreds of healthcare workers as they fight to eradicate TB.

Public health departments in California, Maryland, Texas, Missouri, Washington, Rhode Island, and Puerto Rico have adopted emocha’s video DOT platform for active and latent TB monitoring. Sites in Australia, India, and Mexico have also implemented the technology, proving that video DOT is an effective strategy for combating global TB.