Today’s venture capital market is one where a company with less than 200 employees can rake in more than $100 million from investors. But one corner of the market has largely been left behind: companies offering new medical devices.
Researchers at Johns Hopkins have successfully created mini-brains by culturing stem cells and neurons. The mini-brains have similarities in functioning to human brain but the size is quite small. They can be used for testing drugs and treatment options for neurological disorders.
Qiagen N.V. announced the introduction of more than 170 new QIAseq Targeted RNA Panels for gene expression profiling, expanding Qiagen’s portfolio of Sample to Insight solutions for next-generation sequencing (NGS). The panels enable researchers to select from over 20,000 human genes and lncRNA to survey expression fold changes and discover interactions between genes, cellular phenotypes and disease processes.
The Federal Laboratory Consortium for Technology Transfer, a network of over 300 government-run labs and agencies that work to make federal technology and expertise available to industry, this week announced the opening of its newly remodeled website, federallabs.org.
Vinita Gupta, Chief Executive Officer, and Nilesh Gupta, Managing Director, Lupin Ltd. have been chosen the EY Entrepreneur Of The Year 2015.
F. C. Kohli, former Vice-Chairman of Tata Consultancy Services (TCS), has been honoured with the Lifetime Achievement Award for his pioneering contribution towards the Indian software industry and nation-building.
Rockville cancer diagnostics company 20/20 Gene Systems Inc. recently completed a $4.5 million Series A equity funding round led by the venture capital division of China’s largest insurance company, Ping An Ventures.
On February 8, 2016, the National Institute of Standards and Technology hosted a ribbon cutting and building dedication ceremony for the National Cybersecurity Center of Excellence’s (NCCoE) new facility in Rockville, Md.
Representing the public-private collaboration at the center, Commerce Secretary Penny Pritzker, Senator Barbara Mikulski, Senator Ben Cardin, Rep. John Delaney, Rep. John Sarbanes, Maryland Lt. Governor Boyd Rutherford, Montgomery County Executive Ike Leggett, and Under Secretary of Commerce for Standards and Technology and NIST Director Willie May participated in the ribbon cutting.
The Maryland Technology Development Corporation’s (TEDCO) core research, technology transfer, and commercialization programs generated nearly $1 billion in economic contributions to the Maryland economy in 2015, according to a new study by the Battelle Technology Partnership Practice released today. Battelle, the world’s largest non-profit research and development organization, also found that TEDCO’s efforts generated a total of 4,358 high-quality jobs, with an average income per job of $74,700. That compares favorably to a statewide average labor income per worker of $63,700.
The Ewing Marion Kauffman Foundation today announced the appointment of Victor W. Hwang as vice president of entrepreneurship. Hwang will relocate from California to Kansas City to lead the Foundation’s renowned entrepreneurship programming. He starts on Feb. 29.
The median pay among STEM workers in 2014 was more than $72,000. That’s more than double the median income among all occupations, according to Bureau of Labor Statistics data. Few would argue, however, that STEM workers are generally overpaid. Experts in the fields of science, technology, engineering and math are key contributors to economic growth. Furthermore, STEM occupations generally require years of rigorous and difficult training.