
Things aren’t what they used to be at the Virginia Economic Development Partnership. The state agency will lose its international trade division next spring, along with 17 percent of its staff and about a quarter of its budget.

Things aren’t what they used to be at the Virginia Economic Development Partnership. The state agency will lose its international trade division next spring, along with 17 percent of its staff and about a quarter of its budget.

BioFactura, Inc., an emerging Maryland biopharmaceutical research and manufacturing company, announced today entry into a non-exclusive license agreement with Momenta Pharmaceuticals, Inc. (NASDAQ: MNTA), a biotechnology company specializing in the characterization and engineering of complex drugs, relating to one of the biosimilar product candidates that Momenta is developing. As part of this non-exclusive license agreement, BioFactura is developing a cell line using its NS0-based StableFastTM Biomanufacturing Platform, a proprietary system to rapidly generate stable cell lines that have the potential to lower cost, produce follow-on biologics and are single-use technology compatible. The companies are actively working together to further optimize productivity. Momenta has the right to obtain an exclusive research and commercial license to StableFastTM for clinical development and commercial manufacture of the undisclosed biosimilar product candidate.

NEA Partner Sara Nayeem, MD will serve on the Best Legal Frameworks for VC Investments Panel on Thursday, September 22 in DC at the International Bar Association Meeting.
The International Bar Association programme will feature more than 200 substantive legal sessions, workshops and panels, including topics on current events and contentious issues facing the profession. The committee sessions will offer the chance to hear from the best experts in the field. The conference will also feature sessions presenting the lessons and achievements of each of my Presidential Task Forces: on Climate Change Justice and Human Rights, the Judicial Integrity Initiative, Human Trafficking, and Independence of the Legal Profession.

Wednesday, October 26, 2016
For over 10 years the Sartorius Stedim Upstream & Downstream Forum has provided an exciting venue for presentations, networking and discussions focusing on the latest applications and technologies.
This year the event continues to build the collaborative bridge between Upstream/Downstream Bioprocessing by bringing specialists from your peer group who will share their experience by presenting best practices, applications and techniques to address the bottlenecks at the interfaces of upstream and downstream. Seize the opportunity of this unique venue and book both events as a package.

Precision medicine is fundamentally changing the way therapies are being developed. Its targeted, customized approach to health care has a widespread impact on everything from genomics to medical devices, and as a result it is creating new business models for enterprises across the sector. Importantly, precision medicine provides the backdrop for researchers as they explore how genetic, environmental and lifestyle factors interact in our bodies to foster health or develop disease.

The Department of Health and Human Services has entered strategic partnerships with a Roche Group subsidiary and The Medicines Co. to develop antibiotics against multi-drug resistant infections.
HHS’ office of the assistant secretary for preparedness and response forged the partnerships with the two companies through other transaction authority under the Pandemic and All Hazards Preparedness Act of 2006, HHS said Wednesday.

Facebook CEO Mark Zuckerberg and his pediatrician wife, Dr. Priscilla Chan, announced this week that their Chan Zuckerberg Initiative will fund a $3 billion effort to cure all diseases. Mark Zuckerberg announced in December 2015 that he was going to give away 99 percent of his wealth. But instead of forming a traditional charity, he bequeathed his Facebook shares to his own Limited Liability Corporation, called the Chan Zuckerberg Initiative.

Herndon, Va.-based cybersecurity startup accelerator Mach37 has unveiled the five companies chosen for its fall cohort. The startups will get $50,000 investment and spend 90 days in intensive programming where mentors will help them learn how to get their products to a market-ready point, teach them how to attract private investors and prepare for scaling up their companies. The program also serves to connect the startups with some of the very people who might be the potential investors.

The Johns Hopkins Bloomberg School of Public Health landed a $95 million grant from the National Institutes of Health to analyze data from a program aimed at understanding how the environment influences health beginning in the womb.

WeddingWire Inc., the leading global online marketplace for the wedding and event industry, has announced plans to expand its corporate headquarters in Montgomery County.
Currently located in Chevy Chase, WeddingWire is confirmed to lease a total of 68,000 square-feet of space in the county to accommodate its continued growth. As part of the expansion, the company plans to add 200 new jobs to its existing workforce of more than 350 local employees.