Cascadia Capital’s healthcare team contemplates the outlook for 2017, we believe the future of the industry will be affected by the agenda of the new administration. Where we believe this will have significant impact is on expense containment and prioritization of the wellness agenda.
The NHLBI’s Strategic Vision rests on four mission-driven goals that will benefit from sustained Institute focus. Eight objectives organize the 132 Research Priorities.
Headquartered in Hayward, California, Intarcia Therapeutics is a force to be reckoned with in the biotech world. It has raised over $1 billion in total equity funding and recently acquired Phoundry Pharmaceuticals for an undisclosed amount.
It hasn’t gone public.
Facebook’s shadowy Building 8 research team needs help from academia to invent futuristic hardware. But today’s pace of innovation doesn’t allow for the standard 9-12 month turnaround time it takes universities to strike one-off research partnerships with private companies.
The year 2016 presented the world with a number of big surprises. Some positive, some negative, depending on whom one asks. Here at Medgadget, 2016 will be remembered for many amazing and pleasantly unexpected medical technology developments, many of which are foreshadowing cures for spinal cord injuries, effective treatment of diabetes, new ways to fight heart disease, and many other long sought-after medical solutions. Virtual and augmented reality systems, new imaging techniques, and innovative delivery approaches are changing the way doctors learn and take care of patients.
Superflex, a “powered” clothing startup that was spun out of SRI International, the well-known robotics nonprofit, announced earlier this week that it has raised $9.6 million in a Series A round of funding.
The Menlo Park, California-based company is developing a lightweight, connected apparel that can be worn underneath regular clothing. It’s called “powered” because integrated electric circuits throughout the apparel act as muscles providing strength and mobility to the body’s actual muscles and joints.
The University of Maryland will be a key partner in a new institute to advance U.S. leadership in pharmaceutical manufacturing that was announced by U.S. Secretary of Commerce Penny Pritzker on Friday, December 16, 2016. The National Institute for Innovation of Manufacturing Biopharmaceuticals (NIIMBL) will be the 11th Manufacturing USA Institute, and includes the University of Maryland, College Park and the University of Maryland, Baltimore. A team of more than 150 companies, educational institutions, nonprofits and state governments will operate NIIMBL under a newly formed nonprofit.
New research suggests it is possible to slow or even reverse aging, at least in mice, by undoing changes in gene activity—the same kinds of changes that are caused by decades of life in humans. By tweaking genes that turn adult cells back into embryoniclike ones, researchers at the Salk Institute for Biological Studies reversed the aging of mouse and human cells in vitro, extended the life of a mouse with an accelerated-aging condition and successfully promoted recovery from an injury in a middle-aged mouse, according to a study published Thursday in Cell.
Sometimes lab research leads to a discovery that’s commercially viable enough to start a company. But for scientists with little business experience, making the jump to the private sector can be intimidating without support. In an effort to address this issue, the National Institute of Standards and Technology (NIST) has partnered with the Maryland Technology Development Corporation (TEDCO) (link is external) to award a new round of N-STEP grants, which support early-stage entrepreneurs in ways that other grants do not.
Medigene AG (http://www.medigene.de) (FSE: MDG1, Prime Standard, TecDAX) announced today that it has granted an exclusive, worldwide license for the development and commercialization of its preclinical stage adeno-associated virus like particles (AAVLPs) technology to the Swedish biotech company 2A Pharma AB, located in Malmö, Sweden. Under the terms of the agreement, Medigene is eligible to receive clinical, regulatory and commercial milestone payments in addition to royalties on net sales of future AAVLP products by 2A Pharma AB. Further financial details were not disclosed.
